VOL. 132 | NO. 94 | Thursday, May 11, 2017
Airbnb has announced it has entered into a tax agreement with the city of Memphis to collect and remit taxes on behalf of its Memphis hosts.
Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1 million-square-foot industrial portfolio for $33.1 million.
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.
The issue of who controls what in the Beale Street entertainment district has come to the forefront after the abolition of the Beale Street Tourism Development Authority.
As the story goes, Johnny Mathis was 8 years old and living on Post Street in San Francisco when his father purchased a piano for $25 and brought it home. But there was a problem: Clem Mathis couldn’t fit the piano through the front door of their small flat.
Beale Street keeps its cover charge on Saturday nights during its Memphis In May peak. But the district has some complex questions to resolve about its future and who controls that future. If that wasn’t evident before, it became apparent at City Hall Tuesday. It wasn’t the council action on the Beale Street Bucks program that was significant as much as it was the council’s discussion.
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 City Council members will hold an evidentiary hearing in two weeks to sort out a Midtown restaurant-bar that ran afoul of approvals needed to open with annexes including intermodal containers and an outdoor area.
It didn’t turn out exactly like Emmett Miskell hoped it would, but he nevertheless got what he and other book lovers in Memphis wanted in the end.
REAL ESTATE RECAP
Commercial real estate firm Colliers International has announced the owner of Clark Tower, In-Rel Properties, has finished an $8 million renovation of the iconic East Memphis office building. Details on that and other top deals in this week's Real Estate Recap...
House Minority Leader Craig Fitzhugh pushed his K-12 education fund to passage Tuesday, May 9, but the possibility of funding and Senate approval will have to wait until 2018.
A day after the House targeted Nashville with a tough bill on short-term rentals, the Senate deferred action on legislation blocking the Metro Council from enacting any prohibitions.
Remnants of rancor over Republican leadership roiled the House, a reminder of outrage over roguish behavior as representatives reached the finish line.
For those seeking upward mobility in their careers, there is a plethora of books, articles and even a Broadway musical filled with advice on how to succeed in business, with or without trying.
NASHVILLE, Tenn. (AP) – Blue Cross Blue Shield of Tennessee reversed course Tuesday and said it's willing to offer insurance plans under the federal health exchange in the Knoxville area in 2018.
NASHVILLE, Tenn. (AP) – A Tennessee education group is aiming to get high school students interested in teaching.
FRANKFURT, Germany (AP) – Volkswagen's board chairman has defended the decision not to publish results of the investigation it commissioned into its scandal over cars rigged to cheat on diesel emissions tests, saying it could expose the company to legal risks.
NEW YORK (AP) – Facebook has been bent on copying Snapchat ever since the social media giant tried unsuccessfully in 2013 to buy what was then an ephemeral photo-messaging app.
WASHINGTON (AP) – The U.S. Postal Service is hoping it can soon raise stamp prices by a penny or more.
WASHINGTON (AP) – The federal government ran the second highest monthly surplus on record this April as tax revenues were pushed higher by a change in the deadline for corporate tax payments.
WASHINGTON (AP) – In the days before his firing by President Donald Trump, FBI Director James Comey told U.S. lawmakers he had asked the Justice Department for more resources to pursue the bureau's investigation into Russia's interference in last year's presidential election, three U.S. officials said Wednesday.