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VOL. 131 | NO. 34 | Wednesday, February 17, 2016

Pinch District Hotel Close to Reality

After six months of negotiations and delays in votes by the Memphis City Council, there is an agreement for the construction of a hotel with retail space across Front Street from The Pyramid.

Council Debates, Forms Minority Business Committee

Memphis City Council members debated at length Tuesday, Feb. 16, whether or not to form a committee to explore the lack of minority business growth locally.

Garrison: MATA on 'Verge Of Collapse'

The president and CEO of the Memphis Area Transit Authority said Tuesday, Feb. 16, that the city’s bus system is “on the verge of collapse” without additional operating funds and city capital funding to buy new buses.

West Cancer Center Arms Up in Fight Against Brain Cancer

West Cancer Center has a new tool in its arsenal with which to treat brain cancer and to, in the cancer treatment center’s description, “significantly” extend the rate of patient survival.

Downtown Hotel Pipeline May Deter Larger Developer

The proliferation of limited-size Downtown hotels could make the area less attractive for the 500-room, full-service hotel Downtown desperately needs.

Local Weather
Currently
Memphis, TN
33.0°F
Fair
Wind: Calm mph
Humidity: 64%

EVENTS

Goodwill will hold a retail management job fair Wednesday, Feb. 17, with sessions from 8 a.m. to 10 a.m. and 4 p.m. to 6 p.m. at the Goodwill Job Center, 3830 Austin Peay Highway. Individuals should have two to five years’ experience in management and/or a college degree. Visit goodwillmemphis.org/hire to complete an online application and RSVP for either session.

more events »

Last Word: Tiger Turmoil, Choosing Hotels and Grasshopper In The Committee Room

When there is turmoil in the world of University of Memphis sports, it is almost impossible to hide and the turmoil inevitably surfaces toward a much faster end game than the city’s mercurial and lively politics. And then there is the period of mourning and regret -- unless the coach's name is John Calipari.

More Police Body Camera Details, Still No Start Date

The city plans to hire 10 part-time video analysts to start work on April 5 in the move to police body cameras as well as in-car cameras.

AP Source: Grizzlies Sending Lee to Charlotte in 3-Team Deal

The Charlotte Hornets have acquired veteran swingman Courtney Lee from the Memphis Grizzlies in a three-team trade that will help bolster the team's perimeter shooting and defense after losing Michael Kidd-Gilchrist to a shoulder injury.

Shaq Goodwin’s ‘Best’ Season Not Without Its Challenges

Nearing the end of his senior season, Tigers forward Shaq Goodwin knows the time is coming when fans will talk about him in the past tense.

NEWSMAKERS

Thomas Rejoins Bass, Berry & Sims

Attorney Oscar L. Thomas has rejoined Bass, Berry & Sims’ Memphis office as counsel after serving as vice president of business affairs for MRI Interventions Inc., a medical device manufacturer based in Irvine, Calif.

LOCAL COLUMNISTS

You Aren’t Bothering Me

One of the number one things that stops us in our job-seeking tracks is the online application process. We submit resume after resume and never hear anything back. So, if the Internet isn’t working, then what’s the answer?

Three Phases of Effective Brainstorming

I’ve always cringed when I get a calendar request with “Brainstorm” in the subject line. Immediately, I picture an unfocused free-for-all – after which nothing happens. But it’s a marketer’s mainstay, and there’s a right way to do it.

STATE GOVERNMENT

Liquor Retailer Says Proposed License Cap is Anti-Free Trade

NASHVILLE, Tenn. (AP) – The operator of a large chain of beer and liquor stores says an effort to create a two-store limit on new retail licenses is an effort to stamp out competition in Tennessee.

Tennessee Senate to Vote on Directing AG to Challenge Refugee Program

NASHVILLE, Tenn. (AP) – A resolution directing Tennessee's attorney general to mount a legal challenge to the federal refugee resettlement program is headed for a vote in the state Senate.

NATIONAL BUSINESS

Shares of Community Health Lose a Quarter of Their Value

NEW YORK (AP) – Shares of hospital operator Community Health Systems fell more than 25 percent after the company reported an unexpected quarterly loss due partly to lower hospital visits from a year ago and slower-than-expected benefits from an acquisition.

ADT Being Purchased By Apollo Global for $6.94 Billion

NEW YORK (AP) – Home security services company ADT has agreed to be purchased by affiliates of Apollo Global Management for about $6.94 billion.

ECONOMY

The Big Uh-Oh: Global Economy Shaky and Cavalry May Not Come

WASHINGTON (AP) – Eight years after the financial crisis, the world is coming to grips with an unpleasant realization: serious weaknesses still plague the global economy, and emergency help may not be on the way.

HEALTH CARE & BIOTECH

FDA Sets Guidelines to Protect US Blood Supply From Zika

WASHINGTON (AP) – The Food and Drug Administration is recommending U.S. blood banks refuse donations from people who have travelled to countries where the Zika virus is active in the previous four weeks, part of guidelines meant to protect the blood supply from the mosquito-borne virus.

Garrison: MATA on 'Verge Of Collapse'

The president and CEO of the Memphis Area Transit Authority said Tuesday, Feb. 16, that the city’s bus system is “on the verge of collapse” without additional operating funds and city capital funding to buy new buses.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 128 183 20,949
MORTGAGES 130 174 24,535
FORECLOSURE NOTICES 4 27 8,637
BUILDING PERMITS 163 359 42,696
BANKRUPTCIES 61 116 14,018
BUSINESS LICENSES 24 46 6,447
UTILITY CONNECTIONS 29 85 13,596
MARRIAGE LICENSES 24 47 5,116

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