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VOL. 130 | NO. 31 | Monday, February 16, 2015

Ikea Store Clears Regulatory Hurdles

Ikea’s site plan for its 269,000-square-foot store on a 42-acre site near Interstate 40 and Germantown Parkway was given the green light by the Memphis-Shelby County Land Use Control Board on Thursday, Feb. 12.

Alternative Ending

Critics of Foote Homes demolition plan unveil a different idea

The city of Memphis secured $6.7 million in federal funding last week to improve and rehab public housing.

Saudi Prince set to Visit Memphis Monday

A member of the Saudi royal family, Prince Khaled bin Alwaleed, is scheduled to visit Memphis Monday, touring locations that include the Ronald McDonald House of Memphis.

Coca-Cola Considers Relocation, Consolidation

Coca-Cola Refreshments USA Inc. is considering a $4.8 million project to consolidate distribution operations in Memphis and West Memphis, Ark., into one facility in Memphis, according to application for a tax freeze.

Southwest Announces Memphis-Dallas Schedule

Southwest Airlines has loaded the new Memphis International Airport-Dallas Love Field Airport flights into their schedule, with flights starting April 8, and has announced introductory fares as low as $49.

Local Weather
Currently
Memphis, TN
40.0°F
Fair
Wind: North at 6.9 mph
Humidity: 60%

EVENTS

Beale Street Merchants Association will hold the annual Mardi Gras parade Tuesday, Feb. 17, at 5:30 p.m. on Beale Street. The celebration will feature a fanfare of carts, horse-drawn carriages, bicycles and wagons decorated in Mardi Gras fashion; beads and candy; and jazz and blues music. Visit bealestreetmerchants.com.

more events »

Hopson Parses Charter School Strategy and Agenda

There is the strategy of charter schools and there is the agenda of charter schools. And Shelby County Schools superintendent Dorsey Hopson talked about the difference last week as he spoke to a group of about 100 in a part of the city where charter schools and schools run directly by the state compete heavily with conventional Shelby County Schools.

SMALL BUSINESS

Photographer Opens Midtown Creative Co-Working Space

This year has seen a dream come true for Lisa Mac, who in 2012 opened her Midtown photography business at 688 S. Cox St.

LOCAL COLUMNISTS

The Poetics Of Information Architecture

Note: I wrote this piece 15 years ago and just rediscovered it. Sadly, the points bear repeating, and reprinting in the era of social media, client portals, and HTML5, as it seems truer than ever.

Discernment: The Hallmark of Great Leaders

A good leader must be good at decision-making. A great leader must be good at discerning prior to making that decision.

NATIONAL BUSINESS

US Allows Imports of Privately Produced Products From Cuba

HAVANA (AP) – The Obama administration is announcing that it will allow Cuba's small private business sector to sell goods to the United States in a potentially important loosening of the half-century trade embargo on the communist island.

NATIONAL GOVERNMENT

House Votes to Make Expired Business Tax Breaks Permanent

WASHINGTON (AP) – The House voted Friday to make permanent an expired tax break designed to help small businesses invest in equipment and property, defying a veto threat by the White House.

TECHNOLOGY

To Combat Fraud, Visa Wants to Track Your Smartphone

NEW YORK (AP) – Those days of calling your bank to let them know that, yes, you really are in Thailand, and yes, you really did use your credit card to buy $200 in sarongs, may be coming to an end.

Google, Mattel Try to Bring View-Master Into 21st Century

NEW YORK (AP) – Mattel and Google are trying to bring the 75-year-old View-Master into the 21st century, updating the iconic stereoscopic photo viewer with smartphone compatibility and virtual reality technology.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 78 307 21,073
MORTGAGES 82 330 24,691
FORECLOSURE NOTICES 66 93 8,703
BUILDING PERMITS 0 837 43,174
BANKRUPTCIES 63 240 14,142
BUSINESS LICENSES 17 75 6,476
UTILITY CONNECTIONS 25 139 13,650
MARRIAGE LICENSES 10 77 5,146

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