VOL. 133 | NO. 62 | Tuesday, March 27, 2018
As the litigation piles up in a dispute between two of the most recognizable brands in Memphis, city officials say they are still hopeful a deal can be worked out between Elvis Presley Enterprises and the Memphis Grizzlies.
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.
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.
International Paper Co. of Memphis said Monday, March 26, it wants to “engage” with the board of Smurfit Kappa Group after the Irish cardboard box and paper bag maker rejected IP’s bid to takeover the company.
Is Memphis big enough for FedExForum and some kind of event space on the Graceland campus in Whitehaven? The city administration thinks that could be the case. But it requires an “honest broker” between Graceland and the Grizz – who run the forum for the city and county – to quote city chief legal officer Bruce McMullen – if there is a deal to be had.
The head of the American Home Shield division of Memphis-based ServiceMaster has left the company as it continues the process of spinning off from ServiceMaster.
A month into his retirement, General Sessions Environmental Court Judge Larry Potter wishes he could have seen more evidence of a turn-around at the city’s tallest building.
The Memphis “March For Our Lives” that drew several thousand people Downtown Saturday, March 24, focused on gun violence beyond the Parkland, Florida, school massacre that prompted the national movement about a month ago.
GREENWOOD, Ind. (AP) – FedEx Corp. has scrapped plans to build a ground distribution center in suburban Indianapolis that was expected to create more than 450 mostly part-time jobs.
NASHVILLE – Jack Daniel’s is over a barrel – literally – regarding a tax assessment, an attorney general’s opinion and the potential impact of President Donald Trump’s trade tariff.
NASHVILLE, Tenn. (AP) – Tennessee lawmakers have temporarily hit pause on their push to make many able-bodied adults either work, volunteer, or take classes if they don't have children younger than 6, in order to keep their TennCare health coverage.
EMPHASIS Retirement Communities
Jim Shoemaker, president and CEO of Germantown-based financial planning firm Shoemaker Financial, had a sit-down in recent days with three sisters and their husbands, for a talk about what to do about their mother.
In just 12 years, one out of every five Americans will be 65 or older. In the senior housing industry, the Greatest Generation is increasingly giving way to their children, the baby boomers. And that means developers and operators are changing retirement communities to suit the tastes of this next wave of residents.
Memphis Jewish Home To Open New Rehab Wing
Memphis Jewish Home and Rehab broke ground last month on a $7.5 million rehab wing. The addition will include 16 private treatment rooms, a new dining area, an aqua therapy pool, an indoor walking path and space for more exercise equipment.
REAL ESTATE RECAP
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.
“Fundraising is known for its abundance of failures and few successes.” We can’t recall who said this, but we know it is true. Yet many people think otherwise. Plans are created; goals are set. Most are focused on “incremental growth.”
If you boil down the function of human relations to logical extremes, you end up with polar opposites.
LITTLE ROCK, Ark. (AP) – The U.S. Department of Energy has withdrawn support for a $2.5 billion power-line project through Arkansas opposed by landowners who feared they would be forced to sell their property against their will.
JACKSON, Miss. (AP) – Casino revenue fell again in Mississippi in February, although it not as much as in January, as improvements along the Gulf Coast were outweighed by further declines at Mississippi River casinos.
Remington, the storied gun maker that began turning out flintlock rifles when there were only 19 states in the Union, has filed for bankruptcy reorganization amid years of slumping sales and legal and financial pressure over the Sandy Hook school massacre.
WASHINGTON (AP) – Business economists are expressing optimism that tax cuts and increased government spending will accelerate economic growth over the next two years.
CHICAGO (AP) – The American Dental Association wants dentists to drastically cut back on prescribing opioid painkillers.
On the same day Facebook bought ads in U.S. and British newspapers to apologize for the Cambridge Analytica scandal, the social media site faced new questions about collecting phone numbers and text messages from Android devices.
NEW YORK (AP) – U.S. regulators and state attorneys general are increasing pressure on Facebook as they probe whether the company's data-collection practices have hurt the people who use its services.
NEW YORK (AP) – To get an idea of the data Facebook collects about you, just ask for it. You'll get a file with every photo and comment you've posted, all the ads you've clicked on, stuff you've liked and searched for and everyone you've friended – and unfriended – over the years.