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VOL. 130 | NO. 229 | Tuesday, November 24, 2015

Ikea Hires Memphis Contractor, Reaffirms Opening Date

Ikea has made it official, again, and has hired a Memphis contractor to handle the heavy lifting.

Conrad: Mike Williams ‘Should Be Fired’

Incoming Memphis City Council chairman Kemp Conrad thinks the city should consider firing Mike Williams, president of the Memphis Police Association, for helping recruiters from other police forces set up job fairs in Memphis.

Habitat for Humanity to Build 21-Home Community in Uptown

The open field between Third and Seventh streets, south of Cedar Avenue in north Memphis, is surrounded by homes – some that have seen better days and others that are newly built.

County Commission Approves Refunding Bonds, Holds Effort to Block CRA Merger

Shelby County Commissioners approved Monday, Nov. 23, up to $300 million in refunding bonds that will reduce county government’s interest rate to 2.7 percent.

Study: Medical Device Industry Has $2.6B Local Impact

Companies like Smith & Nephew, Medtronic and Wright Medical don’t just help augment the human body as a result of the products and medical devices they manufacture.

Local Weather
Currently
Memphis, TN
82.0°F
Mostly Cloudy
Wind: South at 5.8 mph
Humidity: 69%

EVENTS

Mid-South Ice House will be open for its Holiday Season from Friday, Nov. 27, through Jan. 5 at 10705 Ridgeway Industrial Drive in Olive Branch. Special events include a “Frozen” Friday Skate, a Star Wars Skate, a Grinchmas Skate and more. Visit midsouthicehouse.com for a schedule.

more events »

New Websites Dig Into Memphis Community, Nonprofit Data

Supporting Memphis just got much easier with two new websites recently launched by the Community Foundation of Greater Memphis, WHEREweLIVEmidsouth.org and WHEREtoGIVEmidsouth.org.

New Data Shows Major Violent Crime Drop in Memphis, Shelby County

Major violent crimes as a whole dropped countywide and in the city of Memphis from January through October compared to the same period a year ago.

REAL ESTATE RECAP

TVA Begins Work On Memphis Natural Gas Plant

2480 HENNINGTON AVE, Memphis, TN 38109 -
The Tennessee Valley Authority has begun work on its natural gas plant near the site of the former coal-burning Allen Fossil Plant.

LOCAL COLUMNISTS

Annual Giving – Five Ways To Say Thank You

Many nonprofits will see an increase in gifts from individuals over the next few weeks. Some will be from faithful annual donors. Others may respond for the first time to your year-end appeal. Still others will feel an emotional tug on their heart strings and impulsively give online. As you prepare to say thank you we offer five things to consider.

Paris Remains Open for Travel

Paris is open for travel.

MEMPHIS AREA

Authorities: FedEx Employee Dies Following Accident in Hub

MEMPHIS (AP) — Authorities are investigating the death of a FedEx employee following an accident at the company's Memphis, Tennessee, hub.

STATEWIDE

Nashville Property Values Increasing at 'Historic' Clip

NASHVILLE, Tenn. (AP) — A Davidson County property assessor says he's expecting to see a "historic" rise in property values during Metro Nashville's next reappraisal.

REGIONAL NEWS

TVA Surpasses 3-Year Cost Reduction Goal by More Than $100M

BOWLING GREEN, Ky. (AP) — The Tennessee Valley Authority says it surpassed its $500 million goal for reducing operation and maintenance costs over a three-year period. Officials say the utility beat the goal by more than $100 million.

NATIONAL BUSINESS

Pfizer, Allergan $160B Deal Forms World's Largest Drugmaker

Pfizer and Allergan are joining in the biggest buyout of the year, a $160 billion stock deal that will create the world's largest drugmaker.

How to Fly Free Forever: Put $170 Million on Your AmEx

NEW YORK (AP) — Chinese billionaire Liu Yiqian, who doesn't exactly struggle to afford a plane ticket, can now likely fly free, in first class, with his whole family, anywhere in the world, for the rest of his life.

TECHNOLOGY

Everyone Loves Same-Day Delivery, Until They Have to Pay

NEW YORK (AP) — Everyone likes the idea of same-day delivery. But who wants to pay for it?

New Data Shows Major Violent Crime Drop in Memphis, Shelby County

Major violent crimes as a whole dropped countywide and in the city of Memphis from January through October compared to the same period a year ago.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 92 158 13,600
MORTGAGES 89 165 15,731
FORECLOSURE NOTICES 10 21 2,160
BUILDING PERMITS 250 250 28,008
BANKRUPTCIES 54 121 8,771
BUSINESS LICENSES 33 54 4,619
UTILITY CONNECTIONS 28 60 5,453
MARRIAGE LICENSES 20 48 2,942

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The Memphis News: Business, politics, and the public interest.