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VOL. 132 | NO. 67 | Tuesday, April 4, 2017

Marker Commemorates King’s Final Flight to Memphis

John Hope Bryant has come through Memphis International Airport many times on business. The founder of the financial literacy nonprofit “Operation HOPE” was always aware the airport was Martin Luther King’s last arrival point on the way to his assassination in 1968.

Wiseacre Tables Plans to Build Brewery in Coliseum

Wiseacre Brewing Co.'s plans to expand into the Mid-South Coliseum are off but could re-emerge somewhere down the road as the city administration renews discussions about a fuller renovation of the Mid-South Fairgrounds.

Slain TBI Agent’s Family Honored by General Assembly

Tennessee Bureau of Investigation Director Mark Gwyn will never forget the day Agent De’Greaun ReShun Frazier was gunned down while working an undercover drug operation.

Investor Dominance in Residential Real Estate Shows Signs of Change

Investors buying single-family homes to rent them out or have a management firm rent them out may be giving way to banks more willing to make loans on lower-priced homes to owner-occupants.

Collierville Mayor Stan Joyner Says Political Path Kept Calling

Before he ever ran for anything in Collierville, Stan Joyner spent a dozen years on the town’s planning commission. And he was an elected alderman for another 12 years before he ran for and was elected mayor of the town of 48,000 people.

Local Weather
Currently
Memphis, TN
78.0°F
A Few Clouds
Wind: South at 5.8 mph
Humidity: 74%

EVENTS

National Civil Rights Museum will hold its annual April 4 Commemoration, a community-focused observance of Dr. Martin Luther King Jr.’s life and legacy, Tuesday, April 4. The event will feature the changing of the wreath on the balcony of Room 306, where King was slain, and a moment of silence at 6:01 p.m., the time the shot was fired. Other events are scheduled throughout the day. Visit civilrightsmuseum.org for details.

more events »

Last Word: The Catechism of 1968, Downtown Hotels and Earth Day on Auto Row

What happened 49 years ago this week in our city began long before the first sanitation worker walked off the job or the first “I Am A Man” sign was made. Maybe it was that long arc that explains the timing of what happened here in late March into the first week of April of 1968. For just about half a century now we have thought and thought again about that chronology, reviewed the details. And what we have is a sort of catechism of moments that if they had happened differently, we can’t help thinking, might have produced a different result.

FTN Financial Completes Acquisition of Houston Firm

FTN Financial, the capital markets division of First Tennessee Bank, has completed its acquisition of Houston-based Coastal Securities Inc., a leader in the trading, securitization and analysis of Small Business Administration loans.

Earth Day Every Day: April Brings 30 Days of Memphis Clean-Up Efforts

On one hand, the Greater Memphis Chamber’s Memphis Clean by 2019 moon mission seems daunting. The goal is to restore the city’s status as the cleanest city in the U.S. by 2019, when Memphis celebrates its bicentennial.

EMPHASIS Economic Development

Community Groups Working to Bridge Economic Development Gaps

When a $1 million award for North Memphis was announced recently, it signaled an opportunity to bring change to those communities.

EDGE's ICED Loan Program Gives Small-Business Owners a Hand Up

Camy Archer had built a loyal following of customers at her eponymous Midtown restaurant over the course of two decades and business was good.

Memphis Continues Pursuit of New Convention Center Hotel

More Downtown hotel rooms. Lots of them. And preferably under one roof.

TENNESSEE LEGISLATURE

Democrats Put Squeeze on Republicans to Defeat Outsourcing

Legislative Democrats are calling on Republicans to join them in passing a slate of bills to combat Gov. Bill Haslam’s outsourcing plans for everything from state parks to facilities management at universities.

Newspaper Finds Double Dipping Among Tennessee Lawmakers

NASHVILLE, Tenn. (AP) – A newspaper analysis has found that Tennessee lawmakers drew thousands of dollars from their campaign funds for expenses that may have been covered by their allowances for meals, travel and housing when they are serving at the state Capitol.

House GOP Leader to Donate Sleeping Bags Sent in Protest

NASHVILLE, Tenn. (AP) – The Republican leader in the Tennessee House says he will donate sleeping bags sent in protest over his efforts to allow lawmakers living within 50 miles of the Capitol to be reimbursed for occasional hotel stays in Nashville.

LOCAL COLUMNISTS

What Every Board Member Should Know

We recently had the opportunity to work with an organization that is ready increase its impact. Current board members had recruited and approved new members; there was work to be done and people to do it. Our role was to help orient all members to their roles and responsibilities.

STATEWIDE

UTC to Let More Georgia, Alabama Students Pay In-State Rate

CHATTANOOGA, Tenn. (AP) – The University of Tennessee at Chattanooga will offer its regional tuition rate this fall to freshmen and sophomores from nearby Georgia and Alabama counties.

REGIONAL NEWS

Arkansas House Rejects Attempt to Impose Online Sales Taxes

LITTLE ROCK, Ark. (AP) – Arkansas House members say online retailers will not have to collect Arkansas sales taxes.

NATIONAL GOVERNMENT

Senate Panel Favorably Recommends Gorsuch for Supreme Court

WASHINGTON (AP) – A deeply divided Senate panel favorably recommended Supreme Court nominee Neil Gorsuch on Monday, sending the nomination to the full Senate for what is expected to be a partisan showdown – and eventual confirmation.

National Archives to White House: Save All Trump Tweets

WASHINGTON (AP) – The National Archives and Records Administration has told the White House to keep each of President Donald Trump's tweets, even those he deletes or corrects, and the White House has agreed.

Interior Department Repeals Obama-Era Rule on Coal Royalties

WASHINGTON (AP) – The Interior Department said Monday it is scrapping an Obama-era rule aimed at ensuring that coal companies don't shortchange taxpayers on huge volumes of coal extracted from public lands, primarily in the West.

AUTO INDUSTRY

Car Sales Keep Falling, But Buyers Pay More for Trucks, SUVs

DETROIT (AP) – Passenger car sales continued to plummet last month and were a drag for many automakers, even with offers of some very juicy discounts.

PERSONAL FINANCE

Drove For Uber? Rented Out Your Home? Here Are Some Tax Tips

NEW YORK (AP) – If you're driving for Uber or renting out a room through Airbnb to make some extra cash, don't forget – you likely need to pay taxes on what you earned, even if it's a part-time gig.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 83 188 9,757
MORTGAGES 100 182 11,496
FORECLOSURE NOTICES 11 28 1,662
BUILDING PERMITS 194 328 20,638
BANKRUPTCIES 61 119 6,556
BUSINESS LICENSES 25 52 3,497
UTILITY CONNECTIONS 31 79 4,062
MARRIAGE LICENSES 31 63 2,242

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