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VOL. 133 | NO. 61 | Monday, March 26, 2018

Historic MLK Speech, Handwritten Notes Unveiled at U of M

Dr. Martin Luther King Jr.’s iconic speech ending with the three words most often associated with him and the civil rights movement – “We Shall Overcome” - are now on display inside the University of Memphis’ Ned R. McWherter Library.

Coletta to Lead Changing Riverfront Development Corp.

The new president and CEO of the Riverfront Development Corp. will oversee changes in the organization that runs the city riverfront under a contract with the city. The changes include more of an emphasis on raising private money for the city’s riverfront plan as well as a name change to be announced later.

The Week Ahead: March 26-April 1

Happy Easter Week, Memphis! The anniversary of an event at the Lorraine Motel that forever changed the civil rights movement and the world is quickly approaching. Events preceding the 50th anniversary of Dr. Martin Luther King Jr.’s assassination April 4 are gearing up around town. Details on some of those and other Memphis happenings are below.

Thousands March In Local Version of 'March For Our Lives'

Several thousand people marched Saturday, March 24, from Clayborn Temple to the National Civil Rights Museum in the Memphis version of the national March For Our Lives.

Local Weather
Currently
Memphis, TN
78.0°F
Overcast
Wind: Northeast at 4.6 mph
Humidity: 93%

EVENTS

Remington College will hold its 3 Lives blood drive for Lifeblood on Monday, March 26, from 8 a.m. to noon at its Memphis campus, 2710 Nonconnah Blvd. The drive is part of a national effort highlighting the need for minority blood donors to help patients with sickle cell and other blood disorders. Visit 3lives.com.

more events »

SPORTS NOTEBOOK

Tubby May Land at Alma Mater High Point

For a change, the breaking news isn’t about Penny Hardaway getting a new job. This time, it might be Tubby Smith.

Harris, Chism Say PILOTs Not Effective Economic Development

The two Democratic contenders for Shelby County mayor say they don’t think tax abatement incentives, primarily payments in lieu of taxes – or PILOTs – are working as an economic development tool in Shelby County.

Pinnacle Continues to Ramp up Memphis Presence

Pinnacle Bank is continuing to accelerate its growth in the Memphis banking market, with the opening in recent days of two new loan production offices, a new mortgage office, plus another mortgage office on the way soon in Southaven.

Around Memphis: March 26, 2018

The Daily News offers a weekly roundup of Memphis-related headlines from around the web, adding context and new perspectives to the original content we produce on a daily basis. Here are some recent stories worth checking out…

Last Word: Graceland's New Lawsuit, Memphis March For Our Lives and Trolley Test

Remember the comment from last week’s EDGE meeting by EDGE board member Tom Dyer who said the economic development body was likely to be sued no matter what it did on Graceland’s application for tax breaks on its “convention center” plan in Whitehaven? At week’s end, Graceland followed through with a lawsuit in Chancery Court against EDGE for delaying a decision on the matter. The lawsuit contends EDGE has no intention of making a decision on incentives and that Graceland is entitled to those incentives.

REAL ESTATE RECAP

EPE Expansion in Limbo, Overton Square Restaurant Sets Opening Date

3734 Elvis Presley Blvd., Memphis, TN 38116 -
Elvis Presley Enterprises’ expansion plans have been put on hold for the second straight month as the Economic Development Growth Engine for Memphis and Shelby County board continues to sort out if any implications will stem from approving bond financing for the Whitehaven project.

THE MEMPHIS NEWS

Editorial: Opioids Pose New Danger, Require New Strategy to Combat

So you’ve seen drug problems come and go – numerous declarations of war on pot, crack, meth and other street drugs sold illegally.

Prescription for Tragedy

Opioid addiction, overdoses taking lives across the city and the country

He has his own GPS, an internal shield that keeps him from driving anywhere near 637 Poplar Ave. Home to the Memphis morgue. That’s where they showed Jerry Davidson his 22-year-old son, Oliver, his eyes closed and his lips purple.

This Week In Memphis History: March 23-29

2010: Groundbreaking for the Salvation Army Kroc Center at the Mid-South Fairgrounds after a five-year effort that included the local Salvation Army chapter raising $25 million to trigger $60 million in matching funds from the estate of Joan Kroc.

LAST WEEK'S MOST POPULAR

HBO Documentary Probes Real Life of Elvis Presley

A Memphis screening of the three-hour, two-part HBO documentary on Elvis Presley over the weekend elicited cheers and applause with some somber moments .

Flinn Resigning from Chairman’s Circle

Greater Memphis Chamber senior vice president of the Chairman’s Circle, Shea Flinn, has announced he will be leaving his post, effective May 4.

Penny Hardaway Expected to Become Memphis Coach First of Week

The University of Memphis is expected to formally announce former Tiger great Penny Hardaway as the new men’s basketball coach early this week, now that Hardaway has finished coaching East High School in the state tournament.

New Memphis Coach Penny Hardaway Vows Return to Glory Days

They came in large numbers and they came early. The University of Memphis opened Tuesday’s press conference to the public and the basketball program’s staunchest supporters showed up at the gleaming new Laurie-Walton practice facility for the tip-off of the Penny Hardaway Era.

FedEx Investing $1 Billion in Memphis Hub Modernization

Memphis-based FedEx Corp. will spend $1 billion on a modernization of its Memphis hub over a six-year period, company founder, chairman and CEO Fred Smith announced Wednesday, March 14.

NATIONAL GOVERNMENT

Trump Signs $1.3 Trillion Budget After Threatening Veto

WASHINGTON (AP) — President Donald Trump signed a $1.3 trillion spending measure Friday, averting a midnight government shutdown just hours after declaring he was considering a veto.

INTERNATIONAL NEWS

China Targets $3 Billion of US Goods in Tariff Spat

BEIJING (AP) — China announced a $3 billion list of U.S. goods for possible retaliation in a tariff dispute with President Donald Trump and girded Friday for a bigger battle over technology policy as financial markets sank on fears of global disruption.

2 Americans, 1 Russian Dock With International Space Station

MOSCOW (AP) — A Soyuz capsule carrying two Americans and a Russian cosmonaut has docked with the International Space Station.

STATEWIDE

North Carolina Hospital Wants Acquisition by Tennessee Firm

ASHEVILLE, N.C. (AP) — A North Carolina hospital says it expects no significant job losses if it is taken over by a Tennessee company, as it hopes.

REGIONAL NEWS

Mississippi Names First Black Higher Education Commissioner

JACKSON, Miss. (AP) — The first-ever African American has been named to oversee Mississippi's eight public universities.

Mississippi Toughening Up Narcotics Overdose Investigations

JACKSON, Miss. (AP) — In the wake of a national opioid epidemic, Mississippi is toughening its investigations of drug overdose deaths.

Arkansas Appeals Judge's Order Halting Pot Grow Licenses

LITTLE ROCK, Ark. (AP) — Arkansas' attorney general is appealing a judge's order halting the state's decision to license five companies to grow medical marijuana and his ruling that the process for issuing the permits is unconstitutional.

US NEWS

AP-NORC Poll: Support Soars for Stricter Gun Control Laws

NEW YORK (AP) — Support for tougher gun control laws is soaring in the United States, according to a new poll that found a majority of gun owners and half of Republicans favor new laws to address gun violence in the weeks after a Florida school shooting left 17 dead and sparked nationwide protests.

US Postal Service Unveils Mister Rogers Postage Stamp

PITTSBURGH (AP) — It was a beautiful day to honor Mister Rogers with a postage stamp.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 59 232 11,757
MORTGAGES 80 254 13,681
FORECLOSURE NOTICES 0 19 1,877
BUILDING PERMITS 93 480 24,644
BANKRUPTCIES 61 179 7,652
BUSINESS LICENSES 41 100 4,007
UTILITY CONNECTIONS 34 118 4,799
MARRIAGE LICENSES 10 48 2,592

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