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VOL. 132 | NO. 216 | Tuesday, October 31, 2017

County Pay Raises Short of Votes, In Search of Compromise

Proposed pay raises for 19 of Shelby County government’s top elected positions don’t appear to have the nine votes necessary to pass on third and final reading in two weeks.

Pinnacle Expanding Memphis Footprint

A week after Pinnacle Financial Partners’ Memphis chairman told The Daily News the bank would be growing its footprint around the city, the bank has announced it’s preparing to do just that.

I Love Juice Bar Owners Seek Out Venues With History, Community

Not only do I Love Juice Bar owners Scott and Rebekah Tashie want to lead the way when it comes to providing healthy food on the go, the two local restaurateurs also like leading the way when it comes to transformative real estate developments.

Real Estate Market In Focus At Seminar

The Daily News will host its annual Commercial Real Estate Review & Forecast Seminar on Thursday, Nov. 2, at the Memphis Brooks Museum of Art, 1934 Poplar Ave.

Last Word: Cohen on Manafort, Collierville's Growth and The Quiet Jackson

A close one for the best team in the NBA Monday evening at the Forum but the Grizz lose only their second game of the young season to the Hornets 104 – 99. Some of you went. Some of you watched. Still others opted for the Edgar Allen Poe biography on “American Masters” while getting your costume together and then made a late run for candy. You know who you are.

Local Weather
Currently
Memphis, TN
38.0°F
Fair
Wind: South at 8.1 mph
Humidity: 65%

EVENTS

Memphis Botanic Garden wraps up its 2017 Vine to Wine wine-tasting series with “Spooky Spirits” Tuesday, Oct. 31, from 6 p.m. to 8 p.m. at MBG, 750 Cherry Road. Indulge in adult “spirits” and frighteningly delicious hors d’oeuvres – and come in costume, if you dare. Tickets are $30 for members and $45 for nonmembers. Visit memphisbotanicgarden.com/winetastings for details.

more events »

Justice Department Changes Police Review and Juvenile Court Terms

In two weeks’ time, the U.S. Justice Department has substantially changed the terms of its collaborative review of the Memphis Police Department and left in place the terms of a settlement agreement with Memphis-Shelby County Juvenile Court involving disproportionate minority contact.

Film Produced by Genotyping Company Gets Indie Memphis Slot

As an automated genotyping resource for researchers in universities, hospitals and bioscience companies around the world, the Memphis-based company Transnetyx would seem to be an unlikely producer of a film in this year’s Indie Memphis Film Festival.

Tito Jackson’s Pursuit of Blues Finds Memphis

Tito Jackson has the blues. The third of the Jackson 5 by age, the lead guitar player, has always wanted to play the blues but as a show-business veteran he also knows you play what the audience knows you for.

Mud Island Garage Ruled Out As Convention Center Hotel Site

The city of Memphis continues to field proposals for a second convention center hotel Downtown, but it won’t be on the city-owned site of the Mud Island parking garage, which had been at the center of at least one proposal pitched to City Hall for such a hotel in the last year.

FHN Board Awards CEO Bryan Jordan $5.5M Bonus

The board of directors of First Tennessee Bank’s parent company has approved a $5.5 million bonus for CEO Bryan Jordan.

EMPHASIS Commercial Real Estate

Commercial Developers See Bright Future With Collierville's Growth

The town of Collierville has been enjoying strong development activity in all sectors over the past several years, fueled by the area’s strong schools, low crime rate, plentiful amenities and an abundance of developable land.

Chain Reaction: Memphis Builds on National Restaurant Trend

Morgan Hughes is a 22-year-old college student who regularly spends more than $100 a week going out to eat. Sometimes it’s a trip to Sonic, other times it’s a meal at Next Door in Crosstown Concourse, still other times it’s food from the restaurant where she works, Hog & Hominy.

REAL ESTATE RECAP

Gibson Plans to Sell Downtown Factory, Build a New One

145 Lt. George W. Lee Ave., Memphis, TN 38103: 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.

LOCAL COLUMNISTS

Seeing the Future With ‘Macroforces’

A keynote talk from the 2017 Back End of Innovation Conference by Tom LaForge, founder and CEO, Macroforces LLCTom LaForge begins the conference asking, “What is a macroforce and why should they be important to you?”

Working With A Coach Is Not a Sign Of Weakness

Coaching is now part of American culture. On a personal level there are coaches to help us improve our nutrition, lose weight and set goals. Coaches add value in our professional lives as executive coaches, business coaches, sales coaches and more. It is not a luxury but a necessity. We believe it is especially important in the area of fundraising. Here’s why.

US NEWS

Christmas Tree Prices Expected to Rise Amid Shortages

SALEM, Ore. (AP) – Americans will pay more for pre-cut Christmas trees this year as shortages deepen from the country's top two producers, Oregon and North Carolina.

NATIONAL BUSINESS

Survey Finds Businesses Less Happy With Banks

Small businesses are becoming more dissatisfied with their banks, and one reason why is that many financial institutions don't have a dedicated employee who works with them on their banking needs. That's the finding of a survey by research firm J.D. Power released last week.

Constellation Branches Out, Buys Stake in Marijuana Company

VICTOR, N.Y. (AP) – The spirits maker Constellation Brands is branching off and buying a mi-nority stake in a Canadian medicinal marijuana producer.

Housing Group Opens New Crack in Support for GOP Tax Plan

WASHINGTON (AP) – Another deep crack opened in the support for President Donald Trump and the Republicans' tax-cutting plan on Monday, as a powerful lobbying group in the housing industry withdrew its blessing for the GOP's top legislative priority just as its details are set to be revealed.

NATIONAL GOVERNMENT

Trump Distances Himself From Indicted Former Aides

WASHINGTON (AP) – President Donald Trump moved quickly Monday to distance himself and the White House from the indictment of his former campaign chairman and another aide, saying Paul Manafort's alleged misdeeds occurred "years ago" and insisting there was no collusion between the Trump campaign and Russia.

Fed Meeting to be Eclipsed By Trump's Decision on Fed Chair

WASHINGTON (AP) – This week's Federal Reserve policy meeting is shaping up to be an afterthought next to that other imminent Fed event of the week: President Donald Trump's announcement of who will lead the central bank for the next four years.

Education Dept. Could Scale Back Help on Loans

WASHINGTON (AP) – The Education Department is considering only partially forgiving federal loans for students defrauded by for-profit colleges, according to department officials, abandoning the Obama administration's policy of erasing that debt.

LEGAL AFFAIRS

US Court Bars Trump From Reversing Transgender Troops Policy

WASHINGTON (AP) – A federal judge in Washington on Monday barred President Donald Trump's administration from excluding transgender people from military service.

Railroad Sues Over Millions of Rail Ties It Calls Defective

ATLANTA (AP) – One of the nation's largest railroads must replace millions of defective wooden railroad ties on its tracks because they're degrading faster than expected, the company said in a federal lawsuit.

HEALTH CARE

Health Law Sign-Ups Start, and Some See a 'Hostile Takeover'

WASHINGTON (AP) – It's sign-up season for the Affordable Care Act, but the Trump administration isn't making it easy – cutting the enrollment period in half, slashing advertising and dialing back on counselors who help consumers get through the process.

MEDICAL NEWS

FDA Moves to Ax Claim for Heart Benefits From Soy Foods

WASHINGTON (AP) – U.S. health regulators want to remove a health claim about the heart benefits of soy from cartons of soy milk, tofu and other foods, saying the latest scientific evidence no longer shows a clear connection

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 393 21,159
MORTGAGES 94 424 24,785
FORECLOSURE NOTICES 0 93 8,703
BUILDING PERMITS 173 1,010 43,347
BANKRUPTCIES 52 292 14,194
BUSINESS LICENSES 15 90 6,491
UTILITY CONNECTIONS 28 167 13,678
MARRIAGE LICENSES 12 89 5,158

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