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VOL. 132 | NO. 93 | Wednesday, May 10, 2017

Tennessee Legislature Adjourns After Voting on Last-Minute Bills

The Legislature wrapped up its business for the year, adjourning Wednesday after taking up a spate of last-minute bills, including postponing a bill increasing the amount of campaign contributions lawmakers could accept.

Council Hears Railgarten Dispute in 2 Weeks, Appoints Impasse Panels

Memphis City Council members will hold an evidentiary hearing in two weeks to sort out a Midtown restaurant-bar that ran afoul of the approvals needed to open with annexes including intermodal containers and an outdoor area.

Robilio's Use of Racial Term Prompts Budget Setback

City Court Clerk Kay Robilio left City Hall Tuesday, May 9, without the council budget committee approving her budget request for the coming fiscal year after she referred to a minority contractor with her office as “a man of color.”

Memphis-Area Home Sales Drop, Prices Rise in April

The Memphis-area housing market was a mixed bag in April as the lack of inventory caused the number of home sales to drop for the first time in eight months but also kept average sales prices on the rise.

Shelby County Mortgage Market Slips Slightly in April

Shelby County’s mortgage market kicked off the second quarter in April by slipping a little on a total volume basis, although the market is still looking better year-to-date than it did at this time last year.

Local Weather
Currently
Memphis, TN
60.0°F
Fair
Wind: South at 6.9 mph
Humidity: 62%

EVENTS

Project Management Institute Memphis Chapter will meet Wednesday, May 10, at 6 p.m. at the Crescent Club, 6075 Poplar Ave., suite 909. Guest speaker Tom Sampson, regional delivery director of Randstad Technologies’ IT Solutions engagements in the Midwest/Chicagoland area, will address the topic of Agile Transformation. Visit pmimemphis.org for details.

more events »

Last Word: Council Day Issues, 'A Man Of Color' and East Memphis 'Novel'

A busy day at City Hall Tuesday by the City Council agenda and by at least one completely unplanned moment during council budget committee sessions. It was so busy that at the start of Tuesday’s council session, chairman Berlin Boyd couldn’t find his gavel and technical glitches prompted him to ask for a can of WD-40. Throw in a visit to City Hall by civil rights leader Rev. Jesse Jackson and you have our comprehensive same night rundown of how it went and for whom it went.

New Bookstore Called Novel to Open in Laurelwood

A bookstore is set to return to Laurelwood Shopping Center. An investor group that's picking up where the February closure of The Booksellers at Laurelwood left off has signed a five-year lease for their bookstore, which will be called Novel and is planned to open around Aug. 1.

Commission Chair: Not Enough Votes To Pass Tax Cut

Shelby County Commission budget chairman Steve Basar doesn’t count seven votes on the commission at this point for a cut in the county property tax rate.

Former Memphis Tiger Maulet Hopes to Make Impact on Saints

Before we get into Arthur Maulet’s sports fandom growing up in New Orleans, remember this: He gave the University of Memphis football team two good years.

Bates Gold-and-Silver Fraud Case Includes Big Numbers

At the end of a five-week trial in Memphis federal court this month, a jury convicted a former Tennessee state representative turned religious prophet and gold-and-silver broker on 46 counts of fraud.

Mid-South Realty Endures Market Fluctuations

Much like the famous Property Brothers on HGTV, Jerry and George Couloubaritsis make realty a family affair. Their company, Mid-South Realty, is turning 25 years old in October, and is a respected institution in the world of Memphis real estate.

TENNESSEE LEGISLATURE

Tennessee Senate Approves $37B Budget

The state Senate approved a $37 billion budget Monday complete with the governor’s IMPROVE Act package of fuel tax increases and tax reductions.

House Takes First Step on ‘Almighty God’ Amendment

The House of Representatives took the first legislative step Monday toward rewriting the state Constitution with a measure recognizing liberties come from Almighty God rather than governments.

Physical Education Bill Gets Tripped Up in Legislature

Legislation requiring one hour of physical education per week for elementary students stumbled and fell Monday, May 8, when it hit a procedural hurdle.

MEMPHIS NEWSMAKERS

Hamilton Named Development Director At Wolf River Conservancy

Kelsey Hamilton has been promoted to director of development at the Wolf River Conservancy. Hamilton joined the conservancy in October 2014 as associate director of development.

LOCAL COLUMNISTS

Don’t Forget To Say Thank You

How many times have you heard, “Don’t forget to say thank you”? When we were children, adults reiterated it over and over again. Yet, somehow, as adults, we are forgetting this simple lesson.

3 Proven Plays to Inspire Action

Marketing experts and sales pros alike know calls to action (CTAs) are essential. But simply including any CTA just doesn’t cut it in today’s marketplace. Take a moment to think about how much business you might be losing each day because prospective customers simply aren’t inspired by your message. Is the number too scary to imagine?

5 Things to Watch in Public Records Policies

To influence government, citizens must have access to information.

SPORTS

PGA Tour Extends FedEx Cup Sponsorship for 10 Years

PONTE VEDRA BEACH, Fla. (AP) – The PGA Tour announced a 10-year extension for the title sponsorship of the FedEx Cup, giving the lucrative series continuity for another decade and allowing some flexibility as the tour explores reshaping its season.

Los Angeles Could Land Olympic Games, But Which Year?

LOS ANGELES (AP) – Leaders in Los Angeles will guide their International Olympic Committee guests from the Hollywood Hills to Santa Monica Beach to a construction site that will someday be a $2.6 billion NFL stadium that can also host soccer games.

NATIONAL GOVERNMENT

8 US Senators Seek Insider Trading Investigation of Icahn

WASHINGTON (AP) – Eight U.S. senators have requested an investigation into whether a billionaire investor and adviser to President Donald Trump violated insider trading rules with bets made in the renewable fuel credit market.

Harsher Sentences Could Result From Guidance Weighed by US

WASHINGTON (AP) – Justice Department officials have been weighing new guidance that would encourage prosecutors to charge suspects with the most serious offenses they can prove, a departure from Obama-era policies that aimed to reduce the federal prison population and reshape the criminal justice system.

LEGAL AFFAIRS

US Appeals Court Holds Crisis Bailout of AIG Lawful

WASHINGTON (AP) – A federal appeals court has upheld as lawful the government's bailout of American International Group in the heat of the financial crisis. It overturned a lower-court decision favoring the insurance giant's former CEO.

MEDICAL NEWS

Study: Side Effects Emerge After Approval for Many US Drugs

CHICAGO (AP) – Almost one-third of new drugs approved by U.S. regulators over a decade ended up years later with warnings about unexpected, sometimes life-threatening side effects or complications, a new analysis found.

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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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