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VOL. 130 | NO. 230 | Wednesday, November 25, 2015

Latest Tennessee Brewery Plan Doubles Residential Units

A new plan for the Tennessee Brewery effectively doubles the residential components in the Brewery District development.

Ikea Hires Memphis Contractor, Reaffirms Opening Date

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

Partners Bring Outdoor Classroom Design Challenge to Memphis Catholic

Video game industry revenue is up. The time children spend outdoors is down. Young people’s recognition of corporate logos is up. Their ability to identify native species is down.

St. Jude Files $10M Building Permit

St. Jude Children’s Research Hospital is moving forward with new construction on its Downtown Memphis campus.

Fred’s Reports Third-Quarter Profit, Sales Increase

Back in September, Memphis-based discount retailer Fred’s Inc. brought all of its managers to Memphis for a two-day conference – the first time that’s been done in 14 years.

Local Weather
Currently
Memphis, TN
61.0°F
Mostly Cloudy
Wind: East at 4.6 mph
Humidity: 78%

EVENTS

The Peabody will kick off the holiday season with Santa’s arrival and its tree-lighting ceremony Friday, Nov. 27, at 149 Union Ave. Events begin with the 11 a.m. Duck March. Local choirs will sing throughout the day, and Santa and his elves will arrive after the 5 p.m. Duck March to pass out candy and light the Peabody Christmas tree. Visit peabodymemphis.com.

more events »

County Government Standoff Moves To Negotiations

It was all smiles at the Shelby County Commission Monday, Nov. 23, between county Mayor Mark Luttrell and commission chairman Terry Roland.

NEWSMAKERS

Ball to Lead New Division at Evolve Bank

Thomas Ball has joined Memphis-based Evolve Bank & Trust as president of the newly formed Equipment Finance Division. In this role, Ball will create and grow a product line focused on equipment loans and leases to businesses across the U.S.

LOCAL COLUMNISTS

Give Thanks at Work

The holiday season is a fantastic time to reconnect with friends and loved ones. But, the importance of thanking those around you at work should not be overlooked at Thanksgiving or through the rest of the year.

Proximity Marketing Skyrockets

This column is the second in an 11-part series on the Top Ten 2016 Marketing Trends. Check back for the remainder of the series and a deep dive into each of these trends.

Rate Hike: Keep Calm and Invest On

Psychologically, the stock market appears to have come to terms with a .25 percent rate hike on December 16th. As of today, the futures markets price in a 75 percent probability that the Fed will move.

MEMPHIS AREA

Police Identify Man Found Dead at Memphis FedEx Hub

MEMPHIS, Tenn. (AP) — Memphis police have released the identity of a man killed in an accident at the FedEx hub there.

STATE GOVERNMENT

Jennifer Donnals Named Gov. Haslam's Press Secretary

NASHVILLE, Tenn. (AP) — Jennifer Donnals has been named the new press secretary for Gov. Bill Haslam.

Funding Board Sets Moderate Growth Projection in Tennessee

NASHVILLE, Tenn. (AP) — The State Funding Board has issued its official revenue projections for the current and next budget years that fall below the estimates presented by experts earlier this month.

STATEWIDE

TBR to Use $2M Grant to Help Increase Graduation Rates

NASHVILLE, Tenn. (AP) — The Tennessee Board of Regents says it will invest a $2 million grant received from the Bill & Melinda Gates Foundation into programs that will help increase graduation rates, especially among first-generation and low-income students.

Plastic Products Maker Investing $115M in Knox Co. Facility

KNOXVILLE, Tenn. (AP) — A leader in blow-molded plastic products will locate its new manufacturing and distribution operations in Knox County, a move expected to create 500 jobs.

ACLU-TN Lawsuit Supports Students' Right to Free Speech

NASHVILLE, Tenn. (AP) — The American Civil Liberties Union of Tennessee has filed a lawsuit to protect students' right to free speech after a senior was censored for wearing a shirt to school supporting equality for lesbian and gay people.

US ECONOMY

US Consumer Confidence Falls Hard in November

WASHINGTON (AP) — Confidence in the economy eroded this month as Americans became more worried about the job market.

US Economy Grew at 2.1 Percent Rate in Third Quarter

WASHINGTON (AP) — The U.S. economy grew at a slightly faster rate in the summer than previously reported, mainly because businesses restocked their goods at a stronger pace than first thought.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 31 327 17,870
MORTGAGES 49 409 20,835
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 129 800 36,616
BANKRUPTCIES 51 243 11,925
BUSINESS LICENSES 21 117 5,677
UTILITY CONNECTIONS 0 175 12,208
MARRIAGE LICENSES 29 121 4,478

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