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VOL. 130 | NO. 83 | Wednesday, April 29, 2015

View From the Top

The third day of preview tours of Bass Pro Shops at The Pyramid took reporters to the top for the view and preparations for the restaurant and bar that will open in about a month.

Pinnacle Financial of Nashville Acquires Magna Bank of Memphis

When it comes to their newly announced entry into Memphis via an acquisition of Magna Bank, the Nashville leadership of Pinnacle Financial Partners is already thinking big – on everything from workforce to services offered to the bank’s eventual size here.

Flinn Resigns Council Seat To Join Chamber

Memphis City Council member Shea Flinn has resigned effective immediately from the council seat he has held since 2007 to take a job with the Greater Memphis Chamber.

Breathing New ‘Lyfe’ Into Existing Space

Construction is underway on Carlisle Corp.’s LYFE Kitchen in East Memphis and the restaurant should be dishing out its “fast, natural, chef-inspired” meals later this summer.

International Paper Reports ‘Solid’ First Quarter

International Paper Co. reported net earnings of $313 million for the first quarter of 2015.

Local Weather
Currently
Memphis, TN
61.0°F
Fair
Wind: South at 4.6 mph
Humidity: 60%

EVENTS

The Rotary Club of Memphis East will meet Wednesday, April 29, at noon at The Racquet Club of Memphis, 5111 Sanderlin Ave. Philip Baker, CEO/founder of Good Shepherd Medication Management, will speak. Cost is $17. RSVP to Lee Hughes at lmhughes@bellsouth.net.

more events »

Doctors Embrace New Heart Failure Monitoring Device

A recent procedure performed at Methodist Le Bonheur Germantown Hospital by three Sutherland Cardiology Clinic doctors reflects the ongoing search for new technology that can help heart failure patients lead longer, fulfilling lives.

ServiceMaster Ups First-Quarter Earnings

Memphis-based ServiceMaster Global Holdings Inc. posted first-quarter earnings of $28 million, the company reported Tuesday, April 28.

Get Ready to Step Inside Bass Pro at The Pyramid

Last-minute preparations inside Bass Pro Shops at The Pyramid Tuesday, April 28, revealed a lot of detail work still underway as well as training for some of the 600 employees who go to work once the ribbon is cut.

Shelby County Gets Two Summer Jobs Programs

Shelby County Commissioners have created their own two-month summer jobs program for 65 teenagers and college-aged adults and voted Monday, April 27, to fund it over two summers with $169,127 from the commission’s contingency fund.

Mayoral Contenders Define Campaign Differences

The first campaign forum in the city election season for the still-forming field of mayoral contenders showed a theme that looks set in stone at this early stage: very different views of Memphis’ present and how that influences its future.

Midtown Momentum

Kroger, citing progress in Midtown, buys Washington Bottoms property

Kroger Co., buoyed by the Crosstown Concourse development and increased investment in Midtown as a whole, has purchased properties associated with the long-dormant Washington Bottoms project at Poplar Avenue and Cleveland Street.

Book Bus Rolls Into Memphis to Spread Literacy

When Jennifer Frances was a little girl, her Nana Bess used to read books aloud to her. Frances loved it. So did a younger cousin, but he struggled to pronounce the name and Nana Bess became “Nana Bus.”

NEWSMAKERS

Rieger Begins Work at Memphis Chamber

Tom Rieger recently joined the Greater Memphis Chamber as senior vice president of member development, a role in which he will oversee major fundraising activities, conduct membership drive campaigns and implement revenue enhancement opportunities.

LOCAL COLUMNISTS

Google Gets Inside Our Heads

In the Internet search world, Google is clearly king and marketing professionals across the globe give this tech giant the lion’s share of their search marketing attention. Every time Google makes a change to its infamous algorithm, search engine marketers scramble to assess the impact and adjust their strategies.

Don’t Buy This ‘Market’

Last week, the Nasdaq, the S&P 500 and the New York Stock Exchange composite indexes all hit new historic highs, bolstered by falling rate hike expectations. In the market environment of the day, economic softness causing falling revenues and falling prices (see first-quarter earnings season) holds less influence than falling interest rates.

Making Memphis Clean by 2019

Editor’s Note: This column will appear weekly throughout April in honor of Memphis and Shelby County’s Sustainability Month.

MEMPHIS AREA

Elton John's Heart-Shaped Glasses Located, Suspect Sought

MEMPHIS, Tenn. (AP) Elton John's heart-shaped glasses have been recovered after they were stolen from a museum, and Memphis police say a man accused of taking them is being sought.

NATIONAL BUSINESS

New Meds Help Drugmakers Weather Strong Dollar, Other Issues

Revenue from important new medicines for various cancers, hepatitis C and more helped top U.S. drugmakers weather unfavorable currency exchange rates and other challenges.

Tyson Foods Hopes to Rid US Chicken of Antibiotics By 2017

SPRINGDALE, Ark. (AP) – Tyson Foods says it wants to stop using human antibiotics in its U.S. chicken houses by September 2017 and that it will explore doing the same in its beef, pork and turkey operations.

REAL ESTATE

US Home Prices Accelerated in February as Sales Rise

WASHINGTON (AP) – U.S. home prices climbed at a faster pace in February than the previous month, driven by higher sales and a limited supply of available houses.

HEALTH CARE

Genetic Testing Moves Into World of Employee Health

Your employer may one day help determine if your genes are why your jeans have become too snug.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 102 224 17,767
MORTGAGES 127 277 20,703
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 176 510 36,326
BANKRUPTCIES 54 146 11,828
BUSINESS LICENSES 21 80 5,640
UTILITY CONNECTIONS 27 147 12,181
MARRIAGE LICENSES 11 60 4,417

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