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VOL. 132 | NO. 43 | Wednesday, March 1, 2017

Police Union Says Retention Raises Grant Violates City Contract

The Memphis Police Association says the city administration is trying to make an end run around contract negotiations with rank and file officers with a set of retention bonuses and other incentives announced this week.

Building Permit Application Filed for Tri-State Bank Headquarters

A $140,000 building permit application that lists “Tri-State Bank headquarters” as the tenant has been filed with the city-county Office of Construction Code Enforcement.

CRE Brokers Speculate on Future of Commercial Appeal Headquarters

When USA Today Network executive and president of The Tennessean newspaper Laura Hollingsworth came into town the day after The Commercial Appeal announced printing operations will be moving to Jackson, Tennessee, she told the staff that while no immediate plans were in place, selling the daily paper’s iconic building was certainly a possibility down the road.

Snapshot: Millington Gets Memphis Original

Construction is underway on the Memphis area’s ninth Huey’s Restaurant, which is scheduled to open soon at 8570 U.S. 51 in Millington. A $1 million building permit application for the project was filed in late 2016. Hollis Ranson, a former general manager at the Huey’s locations in Southaven and Collierville, will be the general manager at Huey’s Millington, according to the company’s website. Roughly 60 people will be hired to staff the restaurant. Huey’s was founded in Memphis in 1970.

Last Word: Building a Bigger Police Force, Old Desk Calendars and Summer School

Since the Memphis Mayor’s race of 2015 became about how best to build a larger Memphis Police Department, the discussion has always had an element of controversy to it on a larger scale than a head count of who has a badge.

Local Weather
Currently
Memphis, TN
60.0°F
Overcast
Wind: Northwest at 8.1 mph
Humidity: 96%

EVENTS

The city of Memphis Office of Business Diversity & Compliance Outreach will host “Diversity Programs 301: Certification Registration Rally: Getting on the OBDC Registry” Wednesday, March 1, from 2 p.m. to 4 p.m. at the Benjamin L. Hooks Central Library, 3030 Poplar Ave., room L50. Gain a more in-depth understanding of the city’s Supplier Diversity programs and how to leverage them to grow your business. Also, register your certifications on site with access to standby assistance. Cost is free. Register at eventbrite.com. 

more events »

Hopson Plans 20 Summer Learning Academies for 5,000 Students

Shelby County Schools is preparing a set of 20 summer learning academies that will start at the end of the current school year and use certified teachers with a specific summer curriculum to battle “summer learning loss” in reading, math and science.

AutoZone Reports ‘Challenging’ Q2 Results

AutoZone’s results for the second quarter represented a bit of a slowdown for the auto parts and accessories retailer, with the company’s CEO using adjectives like “challenging” to describe the three-month period in which earnings and same-store sales were somewhat muted.

Crime Commission Grants City $6.1M Over 4 Years to Build Police Force

Memphis Mayor Jim Strickland and Memphis Police Director Michael Rallings will be proposing another freeze in the city’s deferred retirement option program – or DROP – to lengthen the stay of some officers on the force and battle attrition.

Tennessee GOP Leaders Expecting Crowded Field in 2018 Governor’s Race

Former Tennessee Economic and Community Development Commissioner Randy Boyd got two mentions last Thursday, Feb. 23, at the Greater Memphis Chamber’s breakfast forum – one from guest speaker U.S. Rep. David Kustoff and another from chamber president Phil Trenary.

$12M Building Permit Pulled for Hickman Building

Montgomery Martin Contractors has filed a $12 million building permit application with the city-county Office of Construction Code Enforcement to renovate the historic Hickman Building into a mixed-use development that will include the new headquarters of Memphis-based investment firm, SouthernSun Asset Management.

TENNESSEE LEGISLATURE

State Democrats Introduce Bill of Rights, Looking For Every Win They Can Get

NASHVILLE – House Democrats introduced a People’s Bill of Rights in the State Capitol Monday, Feb. 27, a comprehensive legislative package to ensure rights of Tennesseans affecting everything from jobs to criminal justice to education.

Norris Seeks to Curb Senior Abuse With New Laws

NASHVILLE – Calling elderly abuse a “silent crisis,” state Sen. Mark Norris is leading a legislative effort to stop physical, mental and financial abuse of vulnerable adults with bills to expand protections and increase penalties.

Bills Aimed at Raising Permanent Funding For Road Projects Collide Again This Week

NASHVILLE – The chairwoman of the House Transportation Subcommittee is defiant in her handling of legislation that could have derailed Gov. Bill Haslam’s fuel-tax plan, a high-profile measure on the panel’s calendar again Wednesday, March 1.

SPORTS NOTEBOOK

Tigers’ Losing Streak at Four and Counting

As the season winds down, Tubby Smith’s first Tigers team is making the wrong kind of history. Memphis has lost four straight games, a stretch of losing not endured since the 2004-2005 season.

MEMPHIS NEWSMAKERS

Robinson Chosen to Lead Cancer Society’s Hope House

Maria Robinson has been named senior manager for the American Cancer Society’s Harrah’s Hope Lodge in Memphis. In that role, she oversees day-to-day lodge operations, including guest services, volunteer engagement and community involvement.

LOCAL COLUMNISTS

Email and The Golden Rule

Have you ever gotten an email you just want to ignore? Perhaps it’s from a vendor you work with that wants to tell you about a new product they’re selling. The email provides no immediate value for you. There’s nothing you can do about it right now, and frankly, you’re busy. You’re so far up to your eyeballs in reports that you can barely breathe.

The Art and Science Of E-Commerce Sales

The secret to inspiring visitors to purchase from your e-commerce platform is equal parts art and science.

STATE GOVERNMENT

Senate Passes Bill Limiting Tennessee Campaign Investments

NASHVILLE, Tenn. (AP) – The state Senate has passed a bill seeking to prevent campaign funds from being invested in private companies.

Deadline Looms for New Tennessee Library and Archives

NASHVILLE, Tenn. (AP) – Secretary of State Tre Hargett said Monday that this session is the last chance for Tennessee lawmakers to approve funding for a new building for the State Library and Archives.

Senate Replaces Proposed 'Alien' Label IDs With 'Visa'

NASHVILLE, Tenn. (AP) – A state Senate committee has agreed to changes to a bill seeking to label Tennessee driver's licenses issued to people without permanent residency status with the words "alien" or "non-U.S. citizen."

REGIONAL NEWS

Bill Expanding Wine Sales Narrowly Fails in Arkansas House

LITTLE ROCK, Ark. (AP) – A measure that would expand wine sales in grocery stores has narrowly failed in the Arkansas House, though the bill will likely be brought up again this session.

AGRIBUSINESS

US Approves 3 Types of Genetically Engineered Potatoes

BOISE, Idaho (AP) – U.S. officials say three types of potatoes genetically engineered to resist the pathogen that caused the Irish potato famine are safe for the environment and safe to eat.

FINANCIAL SERVICES

US Banks in Strong Shape as 4th-Quarter Profit Jumps

WASHINGTON (AP) – U.S. banks' earnings in the final quarter of 2016 rose 7.7 percent from a year earlier, as lending continued to grow and banks set aside less for losses on loans for the first time since late 2015.

Investing Costs Fall Again: Fidelity, Schwab Cut Commissions

NEW YORK (AP) – It keeps getting cheaper to invest.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 31 327 17,870
MORTGAGES 49 409 20,835
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 129 800 36,616
BANKRUPTCIES 51 243 11,925
BUSINESS LICENSES 21 117 5,677
UTILITY CONNECTIONS 41 215 12,248
MARRIAGE LICENSES 29 121 4,478

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