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VOL. 132 | NO. 29 | Thursday, February 9, 2017

Strickland Says Budget Will Include Police Pay Raise

Memphis Mayor Jim Strickland will propose a pay raise for Memphis Police officers in his upcoming budget proposal.

Palazzolo Urges Governor to Keep Hall Tax Phase-Out at 5 Years

Germantown Mayor Mike Palazzolo wants Tennessee Gov. Bill Haslam to take his foot off the gas pedal when it comes to phasing out the Hall state tax on dividend and investment income. And in a letter Wednesday, Feb. 8, to Haslam, Palazzolo makes a case for local governments getting a greater share of Hall tax revenues as the income tax is phased out.

Midtown Market Developers Scale Back Plans

The proposed Midtown Market mixed-use development at Union Avenue and McLean Boulevard has changed as its developers continue to seek financing and adjust more than a year after they unveiled the ambitious but tentative plan.

Pearl’s Oyster House to Open Second Location in Cordova

South Main seafood mainstay Pearl’s Oyster House will soon have a second location in Cordova.

City Unions Pan Proposed Impasse Changes

Unions representing city of Memphis employees gave a rough reception Tuesday, Feb. 7, to a proposal to revamp the city’s impasse proceedings for stalled contract talks between the unions and the city administration.

Local Weather
Currently
Memphis, TN
77.0°F
Fair
Wind: Southeast at 3.5 mph
Humidity: 69%

EVENTS

Shelby County Real Estate Road Show, co-sponsored by Shelby County Trustee David Lenoir and Chandler Reports, will be held Thursday, Feb. 9, from 5 p.m. to 7 p.m. at the Memphis Area Association of Realtors, 6393 Poplar Ave. Learn about the county’s tax sale process and anti-blight initiative, as well as how to bid on commercial, industrial and residential properties through the Civic Source online system. Cost is free. Register at eventbrite.com or email kwhitaker@shelbycountytrustee.com.

more events »

Time Running Out to Save Laurelwood Bookstore

After about four weeks of gathering signatures for a petition to try and keep The Booksellers at Laurelwood from closing its doors, White Station High School senior Emmett Miskell is now moving his effort into an 11th-hour action phase.

Last Word: The Artisan Survives, Gas Tax Push-Back and Our Competition

I knew winter was out there hiding somewhere. Just waiting for you to leave your coat at home in a flush of spring fever, bounding out of work Wednesday afternoon to find spring has hit the highway. But where does spring go on its spring break? The Suns were in Memphis Wednesday evening – the Phoenix Suns, that is. They lost to the Grizz at the Forum 110 – 91.

DMC Explores Long-Term Planning for Beale

The leader of the Downtown Memphis Commission wants to start working toward a long-term approach to day-to-day management of the Beale Street entertainment district.

New Tri-State Defender Has Credibility, Influence in the Community

When president and publisher Bernal E. Smith II speaks about his newspaper, The New Tri-State Defender, and how business is conducted today and what’s necessary for success going forward, he sounds like just about any other newspaper executive trying to navigate today’s quick-change media world.

FedEx Subsidiary Launches New Fulfillment Platform

FedEx Corp. subsidiary FedEx Supply Chain announced the launch of FedEx Fulfillment, an e-commerce solution that helps businesses manage inventory for their retail stores.

TENNESSEE LEGISLATURE

State Democrats Propose Eliminating the Grocery Tax

NASHVILLE – Calling the governor’s fuel-tax plan a “slap in the face” of working Tennesseans, legislative Democrats are making a move to offset increased costs at the pump by phasing out the grocery tax.

View From the Hill: Legislators Feel Free to Work Against Haslam

Democrats appear delighted about division within Republican ranks concerning Gov. Bill Haslam’s proposed fuel-tax increase, detecting a possible chink in the armor.

Survey of Tennessee Conservatives Finds Support for Medical Marijuana

Conservative voters are more likely to support legalizing medical marijuana than raising gas taxes, at least ahead of using a $1 billion surplus to pay for transportation projects.

DeBerry, Tate Defend School Voucher Pilot Program

NASHVILLE – Two Memphis legislators co-sponsoring a Shelby County pilot voucher bill say the measure is one more attempt to give students more options for education.

REAL ESTATE RECAP

Permit Filed for Boutique Arrive Hotel Downtown

477 S. Main St., Memphis, TN 38103  -
A new boutique hotel slated to open on South Main is taking a big step forward.

LOCAL COLUMNISTS

Protecting Our Children

There is an African saying: “When elephants fight, only the grass gets trampled.” Since my only encounters with elephants are limited to an occasional trip to the zoo, I didn’t understand the significance of that saying until I saw elephants fighting on an Animal Planet show. 

STATEWIDE

Campaign Audit: 100s of Potential Violations by Ex-Lawmaker

NASHVILLE, Tenn. (AP) – An audit released Wednesday outlines hundreds of potential campaign finance violations by former state Rep. Jeremy Durham, a Franklin Republican who was expelled from the state House last fall amid a series of sexual harassment allegations.

Randy Travis Advocates for Stroke Victims in Tennessee

NASHVILLE, Tenn. (AP) – Country star Randy Travis met with Tennessee lawmakers to raise awareness for stroke victims following his near-fatal stroke in 2013.

Team Recommends 100-Plus Changes for Nashville Schools

NASHVILLE, Tenn. (AP) – A transition team has provided the leader of Nashville Metro Public Schools with more than 100 recommendations to improve student achievement in the district.

REGIONAL NEWS

Arkansas Governor Signs Bill on Higher Education Funding

LITTLE ROCK, Ark. (AP) – Gov. Asa Hutchinson has signed into law a bill that links college and university funding to factors such as the number of students who complete their degrees.

New Book Spurs Call for Fresh Probe of Emmett Till Lynching

BIRMINGHAM, Ala. (AP) – The horrific 1955 Mississippi slaying of Emmett Till, which helped trigger the modern civil rights movement, should be re-investigated now that a key witness is quoted as saying she lied about what the black teen said and did before he was lynched, Till's relatives say.

Mississippi Considers Firing Squad as Method of Execution

JACKSON, Miss. (AP) – Mississippi lawmakers are advancing a proposal to add firing squad, electrocution and gas chamber as execution methods in case a court blocks the use of lethal injection drugs.

NATIONAL BUSINESS

Dow, DuPont Try More Divestments in Seeking Merger Approval

NEW YORK (AP) – Dow Chemical and DuPont say they're willing to make more business divestments as a way to nudge European regulators who remain wary of their proposed merger.

Retail Group: Sales to Grow 3.7 Percent to 4.2 Percent

NEW YORK (AP) – Despite a bumpy holiday season, chains like The Limited shutting down and department stores such as Macy's closing stores, the largest retail trade group says it's still optimistic that sales will grow this year – especially online.

PERSONAL FINANCE

Make Less Than $54K? Consider This Underused Tax Break

You work hard, so why not take some credit for it?

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 209 209 16,401
MORTGAGES 252 252 18,937
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 393 393 33,519
BANKRUPTCIES 124 124 10,861
BUSINESS LICENSES 57 57 5,255
UTILITY CONNECTIONS 102 102 11,446
MARRIAGE LICENSES 70 70 3,937

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