VOL. 133 | NO. 67 | Tuesday, April 3, 2018
The Economic Development Growth Engine board has set a date to vote on Elvis Presley Enterprises’ Graceland expansion plans.
Shelby County commissioners approved a moratorium Monday, April 2, on all county contracts and budget amendments worth more than $50,000 through the end of August.
Former U.S. Attorney General Eric Holder told a University of Memphis and National Civil Rights Museum symposium Monday, April 2, that Dr. Martin Luther King Jr. helped create “a new country” in 39 years of life but that “it is necessary to be indignant and be impatient” 50 years after King’s death.
EMPHASIS Economic Development
After more than a decade of preparation, The Lake District multiuse development in Lakeland is seeing some concrete progress. In fact, the developer, Los Angeles-based Gilad Development Inc., has signed its first tenant to the location on the southeast corner of the intersection of I-40 and Canada Road.
The week of MLK50 commemorations began Monday with a speech by former U.S. Attorney General Eric Holder and the arrival Monday afternoon of Rev. Bernice King, the youngest child of Dr. Martin Luther King Jr. Meanwhile, Monday's day of free admission to the museum, underwritten by FedEx drew a long line. It also drew some remote trepidation that tends to make the situation seem worse than it is once you actually go there for yourself.
An organization that pursues sources of financial, human and intellectual capital to strategically revitalize neighborhoods wants to build a $5 million loan pool for investing in Memphis communities and leaders.
With the estimate last month of an $18 million to $25 million county budget surplus for the fiscal year that ends June 30, taxes are about to become an even bigger issue in the Republican primary for Shelby County mayor.
The new president and CEO of Memphis Light, Gas and Water Division has seen a storm or two in his career, including hurricanes.
Shoemaker Financial president and CEO Jim Shoemaker isn’t sure there is ever a perfect time for expansion and rebranding, but with the economy strong and his company well positioned for a transition of leadership, he could not hold off growing Shoemaker’s insurance line any longer.
REAL ESTATE RECAP
A multifamily project planned for Broad Avenue could provide the housing element that takes the arts district to the next level.
We live in tense times. In our era, we’ve seen systemic and corporate fraud at SkyTel, Enron, and others. We’ve watched our tax dollars bail out many of the largest banks and insurance companies.
As Memphis and the world marks the anniversary of the assassination of Dr. Martin Luther King Jr., there is much to reflect on and much to look forward to. Our reflections can be a source of inspiration for what we can accomplish together moving forward into the future. We can embrace the “fierce urgency of now” that King spoke of.
MEMPHIS, Tenn. (AP) – Clara Ester's eyes were fixed on the Rev. Martin Luther King Jr. as he stood on the concrete balcony of the Lorraine Motel.
ATLANTA (AP) – Tyrone Brooks was 22 years old and 400 miles away, seeking clues to an unsolved lynching as old as he was, when he got the news that Martin Luther King Jr. was dead. Stunned, Brooks dropped everything and drove to Memphis, crying all the way.
BOSTON (AP) – Jonathan Garland's fascination with architecture started early: He spent much of his childhood designing Lego houses and gazing at Boston buildings on rides with his father away from their largely minority neighborhood.
Here's a selection of events in Memphis marking the 50th anniversary of the 1968 sanitation workers' strike and the assassination of Dr. Martin Luther King Jr. April 3 is the 50th anniversary of King’s last speech – the “Mountaintop” speech at Mason Temple, while April 4 is the 50th anniversary of his assassination on the balcony of the Lorraine Motel.
KNOXVILLE, Tenn. (AP) – Two of Tennessee's largest insurers say they've made significant reductions in the number of opioid drugs prescribed.
LITTLE ROCK, Ark. (AP) – Pulaski County has agreed to join a lawsuit seeking relief from dozens of opioid manufacturers, and the addition of the lone holdout means every Arkansas county is now involved in the legal fight.
NEW YORK (AP) – Can legalizing marijuana fight the problem of opioid addiction and fatal overdoses? Two new studies in the debate suggest it may.
NEW YORK (AP) – The CEO of Facebook is defending its advertising-supported business model.
WASHINGTON (AP) – The Supreme Court ruled Monday that car dealerships' service advisers, like car salesmen and mechanics, are exempt under federal law from overtime pay requirements.
BEIJING (AP) – China raised import duties on a $3 billion list of U.S. pork, apples and other products Monday in an escalating dispute with Washington over trade and industrial policy.
BUFFALO, N.Y. (AP) – Cellphones are still absent from most U.S. schools but new data shows them steadily gaining acceptance as administrators bow to parents' wishes to keep tabs on their kids and teachers find ways to work them into lessons.