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VOL. 132 | NO. 211 | Tuesday, October 24, 2017

Memphis College of Art Closing Its Doors

The Memphis College of Art will close by May of 2020 in what the board of the 81-year old Overton Park institution is describing as an "orderly dissolution of MCA’s real estate and other assets to fund the College’s debt obligations and other liabilities, including providing sufficient funding to serve existing students who remain at MCA."

IP, Graphic Packaging Enter Deal on IP Packaging Business

International Paper Co. has signed a definitive agreement to restructure its North America Consumer Packaging business with Graphic Packaging in a transaction valued at $1.8 billion.

Gibson Confirms Plans for New Memphis Facility

Nashville-based guitar maker Gibson Brands Inc. confirmed Friday, Oct. 20, it is putting its Downtown Memphis factory on the market and plans to build and lease a new facility nearby.

Pinnacle Sees Major Growth in 2017

There’s not usually much in the way of big change reflected in the bank deposit market share report that comes out once a year from the Federal Deposit Insurance Corp. This year for the Memphis metropolitan statistical area, though, there was.

Mayor Stands By Decision On Sewer Connections

Memphis Mayor Jim Strickland says if he had it to do over again, he would probably give more advance notice that the city was ending city sewer connections for developments outside the limits of Memphis.

Local Weather
Memphis, TN
Mostly Cloudy
Wind: Southwest at 9.2 mph
Humidity: 59%


The Orpheum Theatre will present “An American in Paris” Tuesday through Sunday, Oct. 24-29, at the theater, 203 S. Main St. Visit orpheum-memphis.com for show times and tickets.

more events »

Publisher of New Tri-State Defender Dies

Bernal E. Smith II, president and publisher of The New Tri-State Defender newspaper, died Sunday, Oct. 22, at his home, according to Smith’s family.

Last Word: Paying the Piper, Sewer Regrets and The New Incumbent's Strategy

Grizzlies over the Rockets 98-90 after being down 12 on the road in Houston. There is just something in the Memphis sports ethos that happens at halftime or between quarters. The Grizz are 3-0 in this young season. And for the second consecutive game some extracurricular action on the court. Mario Chalmers of the Grizz and James Harden of the Rockets scuffled after Chalmers got floored by Harden after Harden got swarmed by him and James Ennis. Harden got the foul and he and Chalmers each got a technical for what followed.

Greenway’s Mud Island Segment Opens

When Henry Turley was developing Harbor Town and building homes and apartments on Mud Island, he remembers marketing the view of the Wolf River.

Early Differences Surface at Republican Governor’s Forum in Memphis Oct. 20

When the six declared contenders for the Republican nomination for governor met at this weekend’s Tennessee Federation of Republican Women convention in Memphis, there were some early differences certain to grow as the campaign intensifies.

Kustoff and Blackburn Map Different Incumbent’s Strategy for Republicans

Tennessee Republicans are mapping a different incumbent’s strategy for 2018 midterm elections less than a year into Donald Trump’s presidency.


U of M Files $33.5M Permit for Land Bridge

570 Houston St.  -
The University of Memphis has filed a $33.5 million building permit application with the Office of Construction Code Enforcement to move forward with a parking garage and a long-awaited land bridge over the Southern Avenue railroad track.


Three Musts To Ask for A Nonprofit Gift

From October to December nonprofits dedicate time and energy to fundraising. They reach out to supporters and ask them to give. They share their impact – what they have done this year and what they will do next year. They share stories from those whose lives have been changed as a result of donations from people just like you. Many use direct mail, social media, and/or online giving campaigns. Many also encourage their board members, donors, and volunteers to personally talk with potential donors and ask them to make a gift. 

Witnessing Real Change

We host several Innovation Bootcamps each month. After doing this work for years, you expect a predictable pattern at each session. Surprisingly, it’s not in the transformational new thinking about the enterprise and the potential value that is created.


Biofuel Company Announces Plans for Mississippi Refinery

NATCHEZ, Miss. (AP) — A British company aims to build a refinery in southwest Mississippi that will turn wood into the equivalent of diesel or jet fuel.

Mississippi National Guard Unit Being Deployed in 2018

JACKSON, Miss. (AP) — About 4,200 Mississippi National Guard soldiers will be mobilized starting in 2018, including a nine-month deployment to Kuwait.

Potlatch to Buy Deltic, Create 2 Million-Acre Timber Giant

EL DORADO, Ark. (AP) — Potlatch is buying Deltic Timber Corp. in a stock deal, creating a company with nearly 2 million acres of woodlands in the South and Pacific Northwest.

Arkansas Town to Replace Stolen African-American Monuments

STAMPS, Ark. (AP) — A southwest Arkansas town hopes to replace two tributes to the area's African-American history that were stolen after the town's first black mayor was elected.

Trumann Committee Won't Change Ordinance for Pet Pig

TRUMANN, Ark. (AP) — A committee examining whether a Trumann woman can keep a pot-bellied pig as an emotional support animal says the city council should decide the issue.

2 Children Injured in Fair Ride Accident in Mississippi

LAUREL, Miss. (AP) — An accident on a ride at the South Mississippi State Fair has injured two children.


Trump shoots down retirement limit to pay for GOP tax cuts

WASHINGTON (AP) — President Donald Trump shot down a possible approach for raising revenue to finance tax cuts in politically must-do legislation for the Republicans, promising Monday the popular 401(k) retirement program will be untouched.

Senate Presses Ahead on $36.5B Disaster Relief Package

WASHINGTON (AP) — A senior Senate Democrat said there's no time to waste as the Senate pressed ahead Monday on a $36.5 billion hurricane relief package that would give Puerto Rico a much-needed infusion of cash.


Man survives 9/11, Las Vegas shootings

RALEIGH, N.C. (AP) — Mike Dempsey never thought he would be a part of a second national tragedy.

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PROPERTY SALES 92 158 13,600
MORTGAGES 89 165 15,731
BUILDING PERMITS 250 250 28,008
BANKRUPTCIES 54 121 8,771

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