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VOL. 133 | NO. 100 | Friday, May 18, 2018

Medical Device Maker Investing $10.5M in Bartlett Expansion

A Bartlett-based medical device manufacturer is expanding with a $10.5 million investment that will create 40 jobs.

Three Projects Get Green Light from EDGE Board

The Economic Development Growth Engine for Memphis and Shelby County approved a trio of projects that could create as many as 255 new jobs and retain nearly 300 more during a busy Wednesday, May 16, agenda. 

A Better Ride

Hampline proving good for bikers, businesses

The final phase of construction on the innovative Hampline will begin this summer, with a goal of completion by the end of the year. The protected bike path completes the missing link in the Greenline between Overton Park and Tillman Street, and has been an ongoing project since 2010.

Seven Apply For Appointment to Open City Council Seat

Seven citizens have applied for an interim appointment to the Memphis City Council Super District seat Philip Spinosa resigned from earlier this month.

Dot Transportation To Open Terminal In West Memphis

With a new distribution terminal opening in West Memphis this month, Dot Transportation, an affiliate of Dot Foods Inc., is looking to hire new truck drivers to add to its fleet.

Local Weather
Currently
Memphis, TN
89.0°F
A Few Clouds
Wind: West at 3.5 mph
Humidity: 52%

EVENTS

The Memphis in May World Championship Barbecue Cooking Contest continues through Saturday, May 19, in Tom Lee Park Downtown. Among the highlights are the Kingsford Tour of Champions, which gives the public a chance to taste and judge barbecue from competing teams; the Cooker Caravan, a free guided tour of some of the best competition teams; live music; and more. Visit memphisinmay.org for tickets and a daily schedule.

more events »

Last Word: Bar-B-Foo, Grizz Draft Prospects and The Hampline

Alleged sightings of Dave Grohl at the barbecue contest Thursday in Tom Lee Park and a photograph from a distance that might or might not be the head Foo Fighter. This does happen at the barbecue contest – celebrities quietly coming in with a team. Sometimes not so quietly as when Vice President Al Gore returned in the 1990s to a contest he had a booth at during his time as a U.S. Senator.

Peabody Place Gets Restriped at End of Year-Long Experiment

The two-way bike lanes and a pedestrian promenade with tables and chairs on Peabody Place between Front Street and B.B. King Boulevard are on the way out as a year-long trial run for the changed streetscape ends.

Chancery Court Rules Sale and Removal of Confederate Monuments Legal

A Davidson County chancellor says a 2016 state law protecting Confederate monuments in public parks doesn’t apply to the Confederate monuments removed from two Memphis parks this past December.

SPORTS

Drafting at No. 4, the Grizzlies will look at Michael Porter Jr. with reservations about his health

If the Grizzlies had landed in the top three of the NBA Draft Lottery, it’s pretty clear they would have been choosing from among DeAndre Ayton, Luka Doncic and Marvin Bagley. But even with the second-worst record last season, the Grizzlies fell to No. 4. And that could change the conversation in a major way.

NCAA Opens Door to Championships in States With Sports Bets

The NCAA is opening a door for states with legalized sports gambling to host NCAA championship events and officials in Nevada are already set to get in the game as soon as they can.

THE PRESS BOX

Legal Sports Betting a Gamble for All

The most impactful sports score of the week was this one: a 6-3 U.S. Supreme Court decision striking down the federal law prohibiting sports gambling everywhere but in Nevada.

THE TIPPING POINT

Former Cheerleader Turns Hobby Into Career

Growing up in southern Florida, Nicole Lauchaire had a passion for school spirit early on and loved being a part of her school cheerleading team. Her summers were spent at cheer camp, and while the energy was palpable there, she never imagined she’d be able to turn it into a full-time career – especially since she admits with a laugh that her high school team wasn’t one of the top competing teams.

LOCAL COLUMNISTS

It’s Hard, But You Can Do It

TO FLY, YOU’VE GOT TO TRY. This morning, I was feeling kind of sorry for myself. My leg hurt. Hell, both legs hurt. A couple of my deadlines hurt. I was out of coffee, and out of patience with a couple of projects. Just can’t get going. And suddenly somebody I haven’t thought about in a long time from a long time ago came to mind.

Teaching Your Kids About Money

Ray’s Take: Did you know that only 17 states require high school students to take a course in personal finance? Unfortunately, financial literacy is often left out of the American education system and it’s up to parents and guardians to teach kids everything they need to know about finances.

STATEWIDE

Tennessee OKs $20M in Incentives for Tyson Foods Facility

NASHVILLE, Tenn. (AP)Tyson Foods Inc. will receive a state economic incentives package worth $20 million to build a new chicken production complex in Tennessee, a project that's expected to include $322 million in private investment and 1,600 new jobs within five years.

UT Lobbied to Keep Details of Investments Secret

MEMPHIS, Tenn. (AP) – Records show that the University of Tennessee has pumped millions from its endowment into private investment funds, including many in the Cayman Islands.

US NEWS

Restored WWII Bomber Memphis Belle Makes Public Debut in Ohio

DAYTON, Ohio (AP) – Robert K. Morgan Jr.'s voice wavered with emotion when he talked about seeing the Memphis Belle all put together for the first time in 50 years.

Lack of Paper Trail a Concern Amid Fears of Election Hacking

ATLANTA (AP) – As the midterm congressional primaries heat up amid fears of Russian hacking, roughly 1 in 5 Americans will be casting ballots on machines that do not produce a paper record of their votes.

NATIONAL BUSINESS

Wells Fargo Reportedly Altered Customer Docs; Exec Retires

NEW YORK (AP) – Wells Fargo employees in its wholesale banking business allegedly improperly altered information on documents related to corporate customers, The Wall Street Journal reports.

Gambling, Tech Firms Scramble for Foothold in Sports Betting

ATLANTIC CITY, N.J. (AP) – The anticipation of legal sports gambling throughout the United States has prompted a flurry of deals among gambling and technology firms who want a foothold in a market worth billions.

Tougher Payday Loan Rules to Remain in Place, For Now

NEW YORK (AP) – Tougher rules governing the payday lending industry, finalized during the last weeks of an Obama-era appointee who led the Consumer Financial Protection Bureau, will remain in place for now after Congress allowed a deadline to overrule them pass without action.

MEDICAL NEWS

Surgeon General: Most in US Think Opioid Abuse is Not Local

JACKSON, Miss. (AP) – The U.S. surgeon general, Dr. Jerome Adams, says opioid abuse is a problem nationwide, but only a small percentage of Americans think it's an emergency in their own communities.

FDA Names Drugmakers Accused of Blocking Cheaper Generics

TRENTON, N.J. (AP) – U.S. drug regulators are publicizing information on brand-name drugmakers that use what government officials call "gaming tactics" to block cheaper copycat versions.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 98 238 15,862
MORTGAGES 122 284 18,332
FORECLOSURE NOTICES 13 34 2,439
BUILDING PERMITS 137 452 32,966
BANKRUPTCIES 62 178 10,191
BUSINESS LICENSES 23 73 5,251
UTILITY CONNECTIONS 28 92 6,240
MARRIAGE LICENSES 13 63 3,476

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The Memphis News: Business, politics, and the public interest.