VOL. 130 | NO. 244 | Wednesday, December 16, 2015
Borrowers and savers aren’t likely to see an immediate impact from the historic move Wednesday, Dec. 16, by the Federal Reserve to raise interest rates by a quarter point for the first time in almost a decade, according to several Memphis-area financial industry professionals.
The “entertainment destination” planned for the corner of Carolina and Florida streets garnered $65,425 in funds from the Center City Development Corp., and the partners behind the Loflin LLC were revealed.
It was the second shot that killed Darrius Stewart, that most of the witnesses said they saw. And that was the shot several of them questioned.
The last Memphis City Council meeting of 2015 came with few speeches from departing council members and a crowded agenda as well as a few leftovers the new council will have to deal with. It was a mix of a new Beale Street lease, seat backs for some Liberty Bowl bleachers, parking meters and the next phase of Graceland's expansion.

A norm on the East and West coasts – and an even older tradition in Europe and other international cities – indoor food markets are making their way to the Southeast in cities like Nashville, Atlanta, Little Rock and St. Louis.
The mixed-use project at Union Avenue and McLean Boulevard got a $4 million federal boost with a proposal from developers Belz Enterprises and Harbor Retail Partners clearing the Memphis City Council Tuesday, Dec. 15.
American Airlines announced Tuesday, Dec. 15, that it would add a third daily flight between Memphis and New York. The Bluff City’s largest carrier will add the flight beginning March 3.
An applicant seeking to operate a used car lot at 704 Vance Ave. will go before the Shelby County Board of Adjustment Wednesday, Dec. 16, in what seemingly would be a cut-and-dry affair with the BOA staff recommending conditional approval.
Power and automation technology group ABB is bringing 300 jobs to Senatobia, Miss., with a recently announced manufacturing facility.

Ornament-covered trees strung with twinkling lights are among the enduring symbols of the holidays for many people. And so it is with Shelby Farms Park, which through Dec. 27 is playing host to visitors coming to marvel at an abundant display of lights illuminating scores of trees as part of its annual Orion Starry Nights holiday display.
U.S. Attorney Ed Stanton says his office, the FBI and the U.S. Justice Department’s civil rights division are conducting a “comprehensive review” of the July fatal police shooting of Darrius Stewart.
Eric Collison has joined Kemmons Wilson Insurance Group as insurance sales manager. In his new role, Collison’s duties will include development and mentoring of the current and new sales force, marketing campaigns and initiatives, developing and fostering carrier relationships, and identifying new profitable areas for growth within the agency.
SPORTS

Before the game, Grizzlies coach Dave Joerger confirmed the lineup change that moved power forward Zach Randolph and swingman Tony Allen to the bench and installed forward Matt Barnes and guard Courtney Lee as starters – and left forward Jeff Green as a starter – wasn’t just a one-time whim while in Miami.
LOCAL COLUMNISTS
Every now and then events occur that seem small, routine, just part of the job until they collide with such force that they explode with meaning, renewing your work with a sense of purpose and change a job into a mission.
It’s that time of year again. The time of year that you’re required to attend an awkward holiday party with your co-workers during the day. I’ve gotten the sense that most people mainly are looking forward to receiving any sort of holiday bonus and leaving work early for the day.
This column is the fifth 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.
STATEWIDE
NASHVILLE, Tenn. (AP) — Documents released by the office of U.S. Sen. Bob Corker show the lawmaker earned millions more from investments than he originally reported.
NASHVILLE, Tenn. (AP) — Motorists who don't buckle up in Tennessee will soon face a stiffer fine.
CHATTANOOGA, Tenn. (AP) — The National Labor Relations Board has certified the United Auto Workers win in a union vote among skilled workers at the Volkswagen plant in Tennessee.
NASHVILLE, Tenn. (AP) — Nashville authorities say a man suspected in the November shooting of Metro Councilman Loniel Greene has been arrested in Mississippi after an unrelated incident.
NATIONAL BUSINESS
U.S. homebuilders are feeling slightly less confident about their sales prospects in coming months, though they remain positive overall that the housing market will continue to improve next year.
NEW YORK (AP) — Much has changed for Howard Stern and SiriusXM since their first deal a decade ago — except for their desire to stay in business together.
The “entertainment destination” planned for the corner of Carolina and Florida streets garnered $65,425 in funds from the Center City Development Corp., and the partners behind the Loflin LLC were revealed.