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VOL. 133 | NO. 47 | Tuesday, March 6, 2018

City Weighs New Sewer Connections in Cordova, Bartlett

The city of Memphis’ policy of no new connections to the city’s sewer system for unincorporated Shelby County got the attention of local developers last week.

Forrest Slave Market Site to Get New Marker In April

A new historical marker to be unveiled April 4 on the southwest corner of Adams Avenue and B.B. King Boulevard will note what the existing 63-year old marker doesn’t – that it was not only an early home of Confederate general, slave trader and Ku Klux Klan Grand Wizard Nathan Bedford Forrest. It was also the site of the slave market that Forrest owned and operated for six years.

Freeman: Wide Income, Poverty Gaps Persist in Shelby County

The president of the National Civil Rights Museum says the national attention that comes with the 50th anniversary of the 1968 sanitation workers strike and Dr. Martin Luther King Jr.’s assassination can be a guide for the nation as well as Memphis.

Home Sweet Home

Stellar year for housing market revealed at Chandler Reports’ 2017 Year-in-Review Seminar

Almost every facet of the Shelby County housing market showed improvement or promise in 2017, and the stellar year saw a new record high for average home sales price and a historic low number foreclosures.

Waddell: Investment Gains Don’t Last Forever

David Waddell was upbeat during the 2017 version of the yearly “State of the Union” presentation he gives to clients of Waddell & Associates, but this year, not so much.

Local Weather
Currently
Memphis, TN
93.0°F
Mostly Cloudy
Wind: West at 4.6 mph
Humidity: 60%

EVENTS

Leadership Memphis hosts its 2018 Leadership Awards Luncheon Wednesday, March 7, from 11:30 a.m. to 1 p.m. at the Hilton Memphis, 939 Ridge Lake Blvd. Social and business entrepreneur Josh McManus will present the keynote, and the organization will honor three community leaders and eight SUCCESS high school students for their outstanding leadership and community service. Tickets are $50. Visit leadershipmemphis.org for details and tickets.

more events »

Last Word: Forrest and Slavery, The Tariff Blitz and Angus McEachran

The report on poverty in Memphis over the last 50 years is on its way to a Greater Memphis Chamber breakfast meeting Thursday. And Terri Lee Freeman, the president of the National Civil Rights Museum and Elena Delavega, the University of Memphis lead researcher of the report, say their message is that as goes Memphis in this regard so goes the nation. And if employers start with lower pay at hiring with percentage raises across the board they feed the racial income gap and bonuses do as well.

Positive Clinical Trial Results On Enobosarm Spike GTx Stock

Shares of Memphis-based drug maker GTx Inc. closed 38 percent higher Monday, March 5, on clinical trial results that show its enobosarm drug reduced episodes of urge incontinence by 68 percent in female patients who experienced UI and stress urinary incontinence (SUI).

St. Jude Welcomes Future Scientists for Annual Event

Students and teachers from various Shelby County high schools got to see the inner workings of St. Jude Children’s Research Hospital last week when the hospital hosted its third annual Science Scholars of Tomorrow event.

GOVERNMENT

Council to Discuss Murals and Food Deserts, Vote on Convention Center Funding

Memphis City Council members talk about incentives to bring grocery stores to underserved areas of the city during Tuesday, March 6, committee sessions and review a resolution that would direct the city to again paint over “offensive and objectionable” murals.

Memphis City Council Agenda: March 6, 2018

The Memphis City Council will meet Tuesday, March 6, at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for an agenda.

SPORTS

Tigers Take Care of ECU, Face USF in AAC Tourney

The Memphis Tigers wrapped up the No. 5 seed in this week’s American Athletic Conference Tournament by thumping East Carolina 90-70 Sunday afternoon at FedExForum.

Tigers’ Martin Second-Team All-AAC Selection

University of Memphis junior guard Jeremiah Martin was named to the American Athletic Conference second team Monday, March 5, following a breakout season in which the former Mitchell High star led the conference in scoring.

REAL ESTATE RECAP

Lake District, Raleigh Springs Town Center Moving Forward with Transformative Projects

3536 Canada Road, Lakeland, TN 38002 -
On the same day that the last piece of the old Lakeland Factory Outlet Mall was torn down, the city’s 160-plus-acre mixed-use Lake District project celebrated another milestone – its first tenant.

LOCAL COLUMNISTS

The Bigger the Back End, The Stronger the Backlash

Be careful. When innovation gets real, people react in unpredictable ways.

What’s a Volanthropist? A Dolunteer?

More and more of us live a “mobile” lifestyle, using our devices for everything from grocery shopping to bill paying. Yet there is often a disconnect between mobile life and nonprofit life.

STATEWIDE

Tennessee Governor Forms School Safety Review Panel

NASHVILLE, Tenn. (AP) – Republican Gov. Bill Haslam has formed a panel to review school safety in Tennessee and recommend improvements.

$65M Tennessee Interchange Project Pushed to Summer 2019

CHATTANOOGA, Tenn. (AP) – The reworking of an interstate split that the Tennessee Department of Transportation commissioner has termed "about the worst interchange in the state of Tennessee" will likely not begin until summer 2019.

Electrolux Halts Tennessee Project After Tariff Announcement

NASHVILLE, Tenn. (AP) – Electrolux says its plans for a $250 million plant expansion in Tennessee are on hold, and the Swedish appliance maker is pointing to President Donald Trump's tariff action as the reason.

Tennessee Workers' Comp Bureau Unveils Online Filing System

NASHVILLE, Tenn. (AP) – The Tennessee Bureau of Workers' Compensation has begun using a new online filing system.

REGIONAL NEWS

Miss. Sen. Thad Cochran Resigning April 1

JACKSON, Miss. (AP) — Longtime Republican Sen. Thad Cochran of Mississippi, chairman of the Senate Appropriations Committee, told The Associated Press on Monday that he will resign April 1 because of health problems.

Plaques at Ole Miss Acknowledge Its Historic Ties to Slavery

JACKSON, Miss. (AP) – The University of Mississippi is acknowledging its historical connections to slave labor, slave owners and officials who set policies that stripped African-Americans of voting rights after the Civil War.

NATIONAL BUSINESS

Volkswagen CEO: Clarity is Needed on Trade Measures

GENEVA (AP) – The CEO of German automaker Volkswagen says businesses like his need clarity about new trade measures announced by the Trump administration before they can decide what to do.

Dinner to Go: Walmart to Expand Meal Kits to More Stores

NEW YORK (AP) – Walmart wants a bigger slice of the crowded meal kits business, announcing Monday that it will offer easy-to-make dinners in more stores this year.

Restaurant Review Platform The Infatuation Buys Zagat

NEW YORK (AP) – Restaurant discovery platform The Infatuation says it has entered into an agreement with Google to purchase Zagat, known for its heavily-quoted, crowd-sourced restaurant reviews in the pre-internet era.

Food Boxes, Not Stamps? Idea in Trump Budget Worries Grocers

RANKIN, Pa. (AP) – Finding fresh food in this tiny riverside community that was hit hard by the steel industry's decline has always been a challenge. Then, seven years ago, Carl's Cafe opened.

NATIONAL GOVERNMENT

Trump Says He Won't Back Down on Tariffs Plan

WASHINGTON (AP) – President Donald Trump insisted Monday that he's "not backing down" on his plan to impose stiff tariffs on imported steel and aluminum despite anxious warnings from House Speaker Paul Ryan and other congressional Republicans of a possible trade war.

Senate Poised to Ease Dodd-Frank Rules for Most Banks

WASHINGTON (AP) – Ten years after a financial crisis rocked the nation's economy, the Senate is poised to pass legislation that would roll back some of the safeguards Congress put into place to prevent a relapse.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 96 173 11,698
MORTGAGES 95 174 13,601
FORECLOSURE NOTICES 19 19 1,877
BUILDING PERMITS 291 387 24,551
BANKRUPTCIES 65 118 7,591
BUSINESS LICENSES 29 60 3,972
UTILITY CONNECTIONS 35 84 4,765
MARRIAGE LICENSES 18 38 2,582

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