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VOL. 130 | NO. 250 | Thursday, December 24, 2015

City Hall Shuffle Moves Into Christmas Eve With 8 Positions Cut

Memphis-Mayor elect Jim Strickland announced on Christmas Eve that he will eliminate eight positions in the current administration, one of them vacant. And a ninth positon will become a part-time position. Strickland will also follow through on his long-held desire to end the city’s involvement in and funding of the Memphis-Shelby County Music Commission.

Urban Child Institute Board Chairman Resigns

Urban Child Institute’s chairman of the board, Dr. Hershel “Pat” Wall, has resigned his position. Wall’s resignation, which he gave other board members via email on Wednesday, Dec. 23, follows the recent announcement that UCI president and CEO Eugene Cashman was retiring at the end of the year.

Nike’s Global Expansion Connected to Memphis

Name the earnings conference call this company CEO quote is from: “The success you see today and the opportunities ahead are driven by the strength of our portfolio.”

Memphis Business Community Shows Giving is 365 Days a Year

Parties, family gatherings, checking off lists, decorations – it’s no wonder the holidays add a whole extra layer of stress during December.

Last Word: 7 Dead in North Mississippi, City Hall Shuffle Continues, Another UCI Exit

With first light Christmas Eve in North Mississippi the death toll from the Wednesday storm and tornadoes rose to seven with more than 40 injured, that according to Mississippi Gov. Phil Bryant who has declared a state of emergency.

Local Weather
Currently
Memphis, TN
89.0°F
A Few Clouds
Wind: West at 12.7 mph
Humidity: 63%

EVENTS

Lafayette’s Music Room will host a Christmas party Friday, Dec. 25, from 6 p.m. to 2 a.m. at 2119 Madison Ave. End Christmas night with food, drinks and music by Loveland Duren (6:30 p.m.) and the Ghost Town Blues Band (10 p.m.). Visit lafayettes.com/memphis for details.

more events »

Journal Media Sets March Shareholders Vote On Gannett Deal

Journal Media Group has called a March 1 special meeting of its shareholders to vote on the $280 million deal that would sell its newspapers, including The Commercial Appeal, to Gannett Co. Inc.

FedEx Institute Of Technology Gears Up For Event-Filled ‘16

The FedEx Institute of Technology at the University of Memphis is closing out the year and looking ahead to 2016 with a renewed focus on putting itself at the center of technology innovation in Memphis.

Shipping Containers to Become Shelters for LGBTQ Youth

Memphis’ homeless shelters aren’t safe for lesbian, gay, bisexual, transgender and queer youth, says Memphis Gay and Lesbian Community Center executive director Will Batts. He’s seen too many kids kicked out of their homes only to be assaulted in shelters or turn to drastic measures.

Google to Locate Data Center in Middle Tennessee

Google is buying the former Hemlock Semiconductor site in Clarksville and plans to invest $600 million to convert it into its eighth U.S. data center, Tennessee Gov. Bill Haslam announced Tuesday, Dec. 22.

Developers Buy Land For Downtown Cambria Hotel

The two Ohio-based development firms planning to build a Cambria Hotel & Suites in Downtown Memphis have purchased the property for the proposed 166-unit hotel.

SMALL BUSINESS

Tiger Bookstore Adapts To Changing Landscape

Business at Tiger Bookstore can’t always be like the 2008 run to the Final Four.

SPORTS

The Pressure of Parity: There’s Golden State … And Everybody Else

San Antonio had just handed the Grizzlies a 20-point home loss. Someone asked Spurs coach Gregg Popovich what his team could take from the game.

Walking On in Memphis Is A Big Part of Tigers Turnaround

They come from near and far, from Christian Brothers, Millington and Whitehaven high schools. From Atco, N.J., League City, Texas, and Newnan, Ga.

LOCAL COLUMNISTS

Q&A With Seth Godin

Seth Godin is the author of 18 books. His blog is one of the most popular in the world. After a keynote about the Connection Economy, Godin made time for a Q&A for 50 people.

Harmjoy?

Writing in the November issue of The American Lawyer, a quartet of byline authors put forth: “Among big-firm lawyers, the Dewey & LeBoeuf trial [which, after four months of testimony and 21-days of jury deliberation, ended in a mistrial] has produced reactions ranging from introspection to schadenfreude.” Of German descent, the latter word – combining schaden and freude – is, literally, harmjoy. And, apparently, this 13-letter word has an 11-letter synonym.

Christmas Coming Home

CHRISTMAS TIME. Every Christmas I tell this story, and in the telling Christmas comes home.

Protect Your Retirement From The Unexpected

Ray’s Take We plan carefully during our years in the workforce to create a solid income for our retirement. But how can we protect that plan after we retire and have less flexibility and increased vulnerability to unexpected events? We want to avoid finding ourselves in the position of having to go back to work.

Legislature Not Playing Santa With Insure Tennessee

It’s going to take a Christmas miracle for Insure Tennessee to make it into anyone’s stocking this year.

STATE GOVERNMENT

School Choice Bills to Highlight Next Legislative Session

NASHVILLE, Tenn. (AP) — Supporters of school choice say they plan to push for proposals that they argue allow parents to play a stronger role in how their children are educated in the legislative session that begins in January.

Tenn. Senate Majority Leader Honored for Service to States

NASHVILLE, Tenn. (AP) — Tennessee Senate Majority Leader Mark Norris has been honored for his service to the states.

STATEWIDE

Cruz Touts Support for Arming Service Members in Tennessee

NASHVILLE, Tenn. (AP) — Republican presidential candidate Ted Cruz on Tuesday touted his support for allowing service members to be armed following last summer's shootings in Chattanooga.

NATIONAL BUSINESS

Airlines Prep for Holiday Crush: More Flights, Bigger Planes

DALLAS (AP) — Airlines are shifting the timing of thousands of flights, even adding dozens of redeyes, as they try to avoid delays while hauling millions of passengers from now through the Christmas weekend.

US ECONOMY

US Consumer Spending and Incomes Up in November

WASHINGTON (AP) — U.S. consumer spending rebounded in November after a weak showing in October, while a key inflation gauge posted the fastest year-over-year increase in 11 months.

US Consumer Confidence Rose in December to 5-Month High

WASHINGTON (AP) — U.S. consumer sentiment rose in December to its highest level since July, lifted in part by low inflation, which has boosted Americans' purchasing power.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 119 482 10,051
MORTGAGES 119 497 11,811
FORECLOSURE NOTICES 29 82 1,716
BUILDING PERMITS 268 1,056 21,366
BANKRUPTCIES 50 263 6,700
BUSINESS LICENSES 28 151 3,584
UTILITY CONNECTIONS 33 172 4,155
MARRIAGE LICENSES 20 111 2,290

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