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VOL. 132 | NO. 25 | Friday, February 3, 2017

Strickland Proposes 7 Areas for Possible De-Annexation

Memphis Mayor Jim Strickland wants to at least discuss de-annexing seven parts of the city and reducing the city’s square mileage by 8 percent and thus increasing the city’s population density.

Fred’s Could Buy More Rite Aid Stores

Fred’s Inc. may end up buying more than the 865 Rite Aid stores it’s already planned to acquire as part of the merger of two drugstore chains.

Drug Court Marks 20 Years of Helping Memphis Addicts Recover

If you don’t know how difficult it is to deal with those addicted to drugs who have run afoul of the law, even if you are a judge, Bryan Owens might give you a good idea.

Local Soul Taking the Pain Out of Fundraising

For Local Soul founder Cade Peeper, keeping things as “hyper local” as possible is a big focus heading into the company’s launch year into the Greater Memphis market.

Last Word: De-Annexation Theories, Clash on School Vouchers and Garth & Trisha

Memphis Mayor Jim Strickland and his administration come up with some surprises in de-annexation recommendations to the city task force on the issue. The three most recently annexed areas of Memphis were considered likely to be in the recommendations. Although the indication last year was that this would take a lot of discussion before someone actually wrote that on a Power Point presentation at City Hall. Not only did Strickland do that – he also included four other areas.

Local Weather
Currently
Memphis, TN
55.0°F
Fair
Wind: Southeast at 5.8 mph
Humidity: 74%

EVENTS

2017 Mid-South Home Expressions Show, hosted by the West Tennessee Home Builders Association, will be held Friday, Feb. 3, through Sunday, Feb. 5, at the Landers Center, 4560 Venture Drive in Southaven. Visit with industry professionals, vendors and hands-on exhibitors showcasing the latest in home trends and products, plus meet Pete Nelson of Animal Planet’s “Treehouse Masters.” Hours are Friday from noon to 7 p.m., Saturday from 10 a.m. to 7 p.m., and Sunday from 10 a.m. to 5 p.m. Visit midsouthhomeexpressions.com for ticket prices and details.

more events »

Protests Define New Interest In Activism

Usually when the Shelby County Commission’s committee room is filled, it is with those from various county government divisions making presentations during budget season. Or it might be filled with representatives from several organizations seeking or getting county grants.

South Memphis Businesses Awarded $40K in ICED Loans

A pair of South Memphis businesses were awarded a combined $40,000 in Inner City Economic Development loans by the Economic Development Growth Engine’s finance committee this week.

TENNESSEE LEGISLATURE

Parkinson: Memphis School Voucher Bill ‘Unfair’

NASHVILLE – Rep. Antonio Parkinson lashed out Thursday at fellow Shelby County delegation member Sen. Brian Kelsey, calling his pilot voucher bill for Memphis schools “insulting, both personally and professionally.”

Opponents of Gas-Tax Hike Push Alternative Plans

NASHVILLE – Amid legislative strife over Gov. Bill Haslam’s proposal to raise gas taxes and reduce business taxes, Rep. Barbara Cooper says she is inviting the governor to “sell” his plan to her Memphis constituents.

Reducing Felony Possession Charges Aim of Parkinson’s Pot Bill

NASHVILLE – Rep. Antonio Parkinson says his legislation dealing with marijuana isn’t designed to decriminalize pot but to reduce felony possession charges – and the stumbling blocks attached to them – in addition to saving the state money.

MARTHA KELLY'S MEMPHIS

Hopping Right Along

Like many Memphians, artist Martha Kelly was enchanted by the giant, illuminated bunnies outside the Memphis Brooks Museum of Art in recent days. Her monthly sketch for The Daily News is based on the installation, which was created by Australian artist Amanda Parer, who titled it "Intrude" because rabbits are an invasive species in Australia.

SPORTS

The Press Box: Credit Coach Fizdale with an Assist on Greater Gasol

For the third time in his career, Grizzlies center Marc Gasol is an NBA All-Star. For the first time in his career, he is truly acting the part. For the first time in his career, he has a head coach who is insisting on it.

Football Recruiting: Memphis, Mississippi State Move Forward

The top of the college football recruiting period looks like it usually does. Alabama pulled in the consensus No. 1 recruiting class for 2017 for the fifth time in six years and coach Nick Saban said the kind of ridiculous things that a guy presiding over a football factory says.

It’ll be a Fun Offseason Watching Robinson Work

With the Super Bowl putting the finishing touches on the 2016 NFL season, it’s time to concentrate on next season. That means much of the focus around the National Football League for the next three months – and, locally, with the Tennessee Titans – will be centered on the draft.

Back-to-Back Dak? Dobbs Shines at Senior Bowl

To say Tennessee quarterback Joshua Dobbs might be the next Dak Prescott is a stretch. Or is it? Prescott, the former Mississippi State quarterback, caught the eye of the Dallas Cowboys with his MVP performance in the 2016 Senior Bowl. The Cowboys chose Prescott in the fourth round (No. 135 overall pick) of the 2016 NFL Draft, and it proved a fruitful pick.

Hart’s Tenure as AD Has Been Mostly Good for Vols

While we wait – and wait and wait and wait – for the University of Tennessee to hire its next athletics director, let’s ponder the man who soon will walk out the door.

LOCAL COLUMNISTS

Create a Cash Flow Plan With Taxes in Mind

Ray’s Take When you head out the door on the last day of your job, you want to know that you've made a solid plan to take care of finances during your retirement years. And, even though that regular paycheck from your employer is out of the picture, Uncle Sam will still want his share of your money. Understanding the tax repercussions of distributions from various retirement vehicles and planning accordingly ahead of time can help you be more tax efficient in your planning.

Cost-Containment Strategies for Employers

After wages, health care is the No. 1 cost for most employers. So, it’s no surprise that health insurance and health care costs have been making headlines for nearly 25 years. Hillarycare was introduced in 1993 and the topic has not moved out of the spotlight since. Current health care spending is over $3.2 trillion per year, which is equal to around 18 percent of our GDP.

For What’s Bugging You

LOCKED AND SEASONED. I have armed myself. A while back, I was at a friend and colleague’s house in Rossville, a popular place for the Second Amendment.

STATEWIDE

Tennessee List of Possible Voter Fraud Includes 1 Conviction

NASHVILLE, Tenn. (AP) – Tennessee election officials, who said up to 42 voter fraud cases could've occurred in last year's elections, can identify only one that led to a conviction: someone who tried to register the year before the vote.

REGIONAL NEWS

Arkansas Committee Approves Bill Requiring Use of American-Based Laws

LITTLE ROCK, Ark. (AP) – An Arkansas House committee has approved a bill that would re-quire state judges to use American-based laws when deciding cases, rejecting concerns the legis-lation might be unconstitutional and complaints that it targets Muslims.

Arkansas Governor Tells Agencies to Brace for Possible Cuts

LITTLE ROCK, Ark. (AP) – Arkansas Gov. Asa Hutchinson says he's asking several agencies to make contingency plans for potential budget cuts after finance officials announced the state's net revenue had fallen $57 million below forecast.

HEALTH CARE

Repeal of Health Law Could Mean Women Pay More for Less

WASHINGTON (AP) – From a return to higher premiums based on gender, to gaps in coverage for birth control and breast pumps, experts say women could end up paying more for less if the Obama-era health care law is repealed.

ECONOMY

US Unemployment Claims Slide by 14,000 to 246,000

WASHINGTON (AP) – Fewer Americans applied for unemployment benefits last week, another sign that U.S. workers are enjoying job security.

Productivity Slows to 1.3 Percent Rate in Q4

WASHINGTON (AP) – The productivity of American workers rose in the October-December period but at a slower pace than the previous quarter. Growth in labor costs increased.

Average US 30-Year Mortgage Rate Unchanged At 4.19 Percent

WASHINGTON (AP) – Long-term US mortgage rates barely budged this week, after marking their first increase of the year last week.

Opponents of Gas-Tax Hike Push Alternative Plans

NASHVILLE – Amid legislative strife over Gov. Bill Haslam’s proposal to raise gas taxes and reduce business taxes, Rep. Barbara Cooper says she is inviting the governor to “sell” his plan to her Memphis constituents.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 61 122 17,665
MORTGAGES 82 150 20,576
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 151 334 36,150
BANKRUPTCIES 54 92 11,774
BUSINESS LICENSES 31 59 5,619
UTILITY CONNECTIONS 28 120 12,154
MARRIAGE LICENSES 24 49 4,406

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