VOL. 133 | NO. 64 | Thursday, March 29, 2018
In many ways the Broad Avenue water tower has become the defining emblem of the iconic arts district, but the empty warehouse it sits on stands in stark contrast from the vibrant shops, restaurants and art galleries that line the more developed south side of the street.
Elvis Presley Enterprises plans to build a 5,000- to 6,000-seat arena with no incentives from the city of Memphis, but it’s seeking an increase in the percentage of tax increment financing from the Graceland TIF District for its other expansion plans.
The launch of Explore Bike Share is getting closer with the nonprofit revealing Wednesday, March 28, the locations of the stations for the 600-bike system.
Memphis Mayor Jim Strickland says the hardest part of growing black-owned business, and thereby black wealth in the city, is increasing the number of minority-owned firms in certain sectors.
The two parks where Confederate monuments were removed this past December will feature some new experiences now that spring is here both by the calendar and by all that flowers and clouds that are heavy with rain. Memphis Greenspace, the nonprofit that bought Health Sciences and Memphis Parks from the city at the end of 2017, will roll out its first programming for the two parks next week including a Truth Booth at Memphis Park along with the return of Downtown Yoga. It will be tai chi Tuesdays and yoga Thursdays at Health Sciences Park along with a lunchtime music series.
The Shelby County Schools system is a step closer to moving its headquarters from the Fairgrounds area to the Bayer Building at 3030 Jackson Avenue.
Crosstown Concourse is set to add a pair of new food concepts to its tenant mix this summer. Global Cafe, an international food hall where a mix of cuisines will be prepared by three immigrant food entrepreneurs and their staff, and Lucy J’s Bakery, which specializes in custom event cakes and fresh baked goods, will open in part of the space now occupied by Curb Market.
Transnetyx, a Memphis-based automated genotyping company that serves biomedical researchers around the world, has been acquired by a St. Louis-based private equity firm.
VIEW FROM THE HILL
The Tennessee General Assembly is making some monumental decisions these days – literally.
The 2017 hurricane season ranked as the fifth-most active, leaving long-lasting effects on several Caribbean islands.
Whether you call them buy/sell agreements, buyout agreements, or business prenuptials, every business needs to have an exit strategy. When there’s no plan, an owner’s departure can lead to uncertainty and litigation.
MEMPHIS, Tenn. (AP) – Fifty years ago, the Rev. Martin Luther King Jr. was killed while standing on the balcony of the Lorraine Motel in Memphis, Tennessee. The civil rights leader's shocking murder on April 4, 1968, marked one of the most significant moments in U.S. history.
NASHVILLE, Tenn. (AP) – Gov. Bill Haslam has approved the recommendations of a school safety panel, including a security risk assessment of all Tennessee public school facilities.
NASHVILLE, Tenn. (AP) – The president and chief executive of the Southern Baptist Convention's executive committee has resigned following a "morally inappropriate relationship."
BENTONVILLE, Ark. (AP) – Walmart says it was a business decision to remove Cosmopolitan magazine from its checkout aisles, but some groups have raised concerns about the sexual content of the publication marketed to women.
WASHINGTON (AP) – The U.S. economy grew at a solid 2.9 percent annual rate in the final three months of last year, a sharp upward revision that caps three quarters of the fastest growth in more than a decade. The Trump administration is hoping the economy will accelerate further this year, aided by sizable tax cuts and increased government spending.
FRANKFURT, Germany (AP) – Automakers Daimler and BMW have agreed to merge their transportation services businesses so they can expand offerings in ride-hailing apps, car-sharing, parking, and charging electric cars.
WASHINGTON (AP) – President Donald Trump tweeted Wednesday that the Second Amendment "WILL NEVER BE REPEALED" and called on voters to elect more Republicans in this fall's congressional elections because the GOP "must ALWAYS hold the Supreme Court."
NEW YORK (AP) – Facebook is giving its privacy tools a makeover as it reels from criticisms over its data practices and faces tighter European regulations in the coming months.
NEW YORK (AP) – Some 60 companies including such leading brands as Subway, Sprint and the NFL are joining forces to help each other follow you around online.
SAN FRANCISCO (AP) – Three Facebook Messenger app users have filed a lawsuit claiming the social network violated their privacy by collecting logs of their phone calls and text messages.