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VOL. 131 | NO. 250 | Friday, December 16, 2016

Renasant Corp. Kicks Off Common Stock Offering

For the parent company of Renasant Bank, now looked like the perfect time to kick off a common stock offering that will bring more than $75 million into the company’s coffers.

Wolf River Greenway’s Epping Way Segment Moves Toward May Opening

The only trace of Berry Brooks’ Epping Way clubhouse and recreation area is a pair of wooden gabled stone posts across the curb cut and gravel entrance at the end of a Raleigh cul de sac.

Memphis Chamber Announces Program to Assist Minority-, Women-Owned Businesses

At a press conference fittingly held at the National Civil Rights Museum, The Greater Memphis Chamber announced their newest pilot program Thursday, Dec. 15: the Ascend Memphis Business Development Pilot Program.

New State Education Plan Limits ASD

The state of Tennessee is about to change the rules for how the Achievement School District takes over a failing school.

Last Word: Epping Way, Conley's Return and 'Ascend'

What is the encore after a year that has included the opening of Big River Crossing, the eastward expansion of the Shelby Farms Greenline across Germantown Parkway to the old town part of Cordova and the opening of Shelby Farms Park’s Heart of the Park renovation? Two words: Epping Way.

Local Weather
Currently
Memphis, TN
75.0°F
Partly Cloudy
Wind: South at 3.5 mph
Humidity: 96%

EVENTS

Memphis Brooks Museum of Art will screen “On the Road,” an adaptation of Jack Kerouac’s seminal novel, Friday, Dec. 16, at 1 p.m. at the museum, 1934 Poplar Ave. Tickets are $5 for Brooks members and students with valid ID, or free with a VIP film pass. Visit brooksmuseum.org for details.

more events »

Snapshot: Active Military, Veterans Take Oath as US Citizens

Twelve active and former members of the military were naturalized Wednesday, Dec. 14, as U.S. Citizenship and Immigration Services formally opened its Memphis field office in Downtown's Brinkley Plaza. The agency, which is part of the U.S. Department of Homeland Security, says the Memphis office sees 60 to 90 individuals from Tennessee, the eastern half of Arkansas and the northern half of Mississippi each business day.

SPORTS

Liberty Bowl Coaches: Today’s Offenses Go Ever-Faster, Tackling is a Skill in Demand

Gary Patterson was still relatively new to this head coaching business when in 2002 he brought TCU to Memphis for the Liberty Bowl. His team defeated Colorado State 17-3 and the memories are good.

Long Offseason Ahead for Jones

Tennessee football coach Butch Jones has plenty of winning to do next year. For starters, UT (8-4, 4-4 SEC) needs to win the Dec. 30 Franklin American Mortgage Music City Bowl in Nashville against Nebraska (9-3, 6-3 Big Ten).

Winning With ‘Bad’ Mariota a Good Sign for Titans

The Titans had been riding the gifted right arm of Marcus Mariota for about two months. The second-year quarterback had played so well during that period that he was named November AFC Offensive Player of the Month and was beginning to draw attention as one of the young QBs to keep an eye on as he began elevating his game toward superstardom.

Time to Expand College Football Playoffs to 8 Teams

When it comes to college football, I tend to be a traditionalist. That doesn’t mean I yearn for the days of leather helmets and quick kicks. I try to adjust to the times. But I must admit it’s hard to swallow a 76-61 final score, as was the case in the Pittsburgh-Syracuse game this season.

THE PRESS BOX

Memphis Football Bigger Than One Coach Or QB

As we count down to the University of Memphis playing in the Tuesday, Dec. 20, Boca Raton Bowl, I find myself recalling what athletics director Tom Bowen said when pressed about why Arizona State offensive coordinator Mike Norvell was the Tigers’ choice for head coach.

THE TIPPING POINT

Mansberg Teaches Young Women To Give Back

In a city full of dreamers, Leigh Mansberg works on the front lines. “My goal is to raise a generation of smart, empowered women who can take on any challenge,” she observes. “It’s been an amazing journey.”

LOCAL COLUMNISTS

Lists of Things Learned

A FEW OF LIFE’S LISTS. The four stages of life: 1. You believe in Santa Claus. 2. You don’t believe in Santa Claus. 3. You are Santa Claus. 4. You look like Santa Claus.

Setting Financial Priorities in Your 50s and Beyond

Ray’s Take Every phase of life has its challenges – financial and otherwise. Your education gives way to career, which is often followed by marriage and children. Next comes educating those children. It would be great if all of these phases were managed and balanced as we pass through them, but most of us have a few detours along the way. 

Tuning Up Your Finances for 2017

As a longtime financial professional, I can vouch for the power of the looming New Year – more people begin showing interest in getting their finances in order during this time than any other. I’ve always found that the best way to ensure a great financial future is by mapping out your goals and avoiding common financial pitfalls. I’ll outline some of my most tried and true tips here.

STATEWIDE

UT Board of Trustees Approve New Chancellor Davenport

NASHVILLE, Tenn. (AP) – The University of Tennessee's Board of Trustees has unanimously approved the appointment of Beverly Davenport as the first female chancellor of the public university system's flagship campus in Knoxville.

STATE GOVERNMENT

Tennessee House GOP Chairman Defends Secret Meeting Decision

NASHVILLE, Tenn. (AP) – The chairman of the state House Republican Caucus is defending a recent decision to hold a meeting behind closed doors.

GOP Lawmakers Introduce Bill Seeking to Legalize Medical Pot

NASHVILLE, Tenn. (AP) – Republican lawmakers are introducing legislation that would allow the use of marijuana for a variety of medical conditions in Tennessee.

REGIONAL NEWS

Water Bottler to Open $78M Plant Near Byhalia, Hiring 38

BYHALIA, Miss. (AP) – A water bottling company will open a $78 million facility in Marshall County next year, hiring 38 workers.

Production Beginning at Big River Steel in Arkansas

OSCEOLA, Ark. (AP) – Production is beginning at a new, $1.3 billion steel mill in northeast Arkansas.

FINANCIAL

Fed Has 8 Biggest US Banks Shift Loss Burden to Investors

WASHINGTON (AP) – The eight biggest U.S. banks will be required to build new cushions against losses that would shift the burden to investors. The action by the Federal Reserve was the latest bid by regulators to reduce the chances of future taxpayer bailouts.

TECHNOLOGY

Yahoo's Big Breach Helps Usher In an Age of Hacker Anxiety

SAN FRANCISCO (AP) – Yahoo has become the worst-case example of an unnerving but increasingly common phenomenon – massive hacks that steal secrets and other potentially revealing information from our personal digital accounts, or from big organizations that hold sensitive data on our behalf.

Facebook Finally Gets Serious About Fighting Fake News

NEW YORK (AP) – Facebook is taking new measures to curb the spread of fake news on its huge and influential social network, focusing on the "worst of the worst" offenders and partnering with outside fact-checkers to sort honest news reports from made-up stories that play to people's passions and preconceived notions.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 80 401 13,843
MORTGAGES 99 439 16,005
FORECLOSURE NOTICES 19 63 2,202
BUILDING PERMITS 233 998 28,755
BANKRUPTCIES 49 276 8,926
BUSINESS LICENSES 23 136 4,701
UTILITY CONNECTIONS 23 141 5,534
MARRIAGE LICENSES 15 88 2,982

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