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VOL. 133 | NO. 101 | Monday, May 21, 2018

The Week Ahead: May 21-27

Good morning, Memphis! School ends this week and the long-awaited Explore Bike Share bicycle stations open across the city. The 600 bikes for rent will enable residents and visitors to explore the city, ride to work, visit local landmarks and get some exercise without polluting the air.

Graceland Arena Controversy Shows Strings as it Broadens

Elvis Presley Enterprises and City Hall got together last week in Whitehaven on neutral ground to talk about Graceland’s expansion plan, specifically a 6,200-seat arena. And from a distance you could barely see the strings from the arena attached to the 1,000-job manufacturing facility Graceland has also talked about starting on Brooks Road.

SPORTS

Memphis Giving Area Players, Fans Taste of Professional Soccer

In the hotel-casino universe they’d call this a “soft opening” – hold the bells and whistles, but concentrate on the building blocks that will make up the ultimate experience. So it was on a recent Saturday night as USL Memphis sporting director Andrew Bell excitedly paced around Christian Brothers High School’s stadium waiting to watch some soccer rather than just talk about it.

Around Memphis: May 21, 2018

The Daily News offers a weekly roundup of Memphis-related headlines from around the web, adding context and new perspectives to the original content we produce on a daily basis. Here are some recent stories worth checking out…

Local Weather
Currently
Memphis, TN
76.0°F
Partly Cloudy
Wind: South at 4.6 mph
Humidity: 97%

EVENTS

The Shelby County Office of Resilience will unveil draft recommendations for the Mid-South Regional Resilience Plan and gather feedback at three workshops: • Tuesday, May 22, at the Hernando Public Library, 370 W. Commerce St. (Hernando, Miss.) • Wednesday, May 23, at the Baker Community Center, 7942 Church St. in Millington • Thursday, May 24, at the University of Memphis Police Services Building, 460 S. Highland St. All meetings run from 5:30 p.m. to 7 p.m. The plan is being developed to address unmet recovery needs for weather-related events in Shelby and DeSoto counties, along with parts of Fayette and Marshall counties. Learn more at resilientshelby.com.

more events »

Last Word: Pete & Sam's and Barbecue, Neutral Turf and Ralph Wiley on Penny

Pete & Sam’s, one of the city’s long running restaurants in a vibrant culinary scene, reopens Monday afternoon on Park Avenue following an extensive renovation following a major fire this past December. There should be lots of curiosity about what change looks like in a restaurant devoted to sticking with the past so much so that at times Pete & Sam’s and its reputation have been debated vocally among foodies. Kind of like the debate that occasionally surfaces over the Rendezvous and its place in our local world of barbecue.

THE MEMPHIS NEWS

Editorial: Hardaway Takes Game Off The Court, Into the City

While we have pondered and called meetings and probably hired consultants to help us get our arms around young Memphians who leave the city to seek their future and never return, something has been happening. And it has been happening around the city’s dominant sport – basketball.

Penny Mania

University of Memphis, fans and city all-in on Anfernee Hardaway coaching the Tigers

Derek Jett was coming home from a business trip on the West Coast and making a connection at the airport in Dallas. It was football season, and because it was football season (and not basketball season), he was wearing his University of Memphis cap.

May 18-24, 2018: This week in Memphis history

1993: On the front page of The Daily News, The Memphis-Shelby County Sports Authority is readying its public relations campaign for an NFL team in Memphis. Memphis is competing with St. Louis; Baltimore; Charlotte, North Carolina; and Jacksonville, Florida. All of the cities except Memphis would eventually get an NFL franchise and the bid would be the city’s last effort at landing an NFL team.

REAL ESTATE RECAP

Faropoint, Belz Sell of Part of Retail Portfolio

7501 Goodman Road, Olive Branch, MS 38654 and 7685 Hacks Cross RoadOlive Branch, MS 38654:  Faropoint Ventures continues to remain active in the Greater Memphis Area with the sale of two Olive Branch retail centers for a combined $9.24 million.

LAST WEEK'S MOST POPULAR

Two Shots Didn’t Phase Lawmakers in Jack Daniel’s Case

When Van Halen front man David Lee Roth opened a bottle of Jack Daniel’s on stage back in the ’80s, the last thing he thought about was taxes and court appeals when he took a big swig of whiskey.

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.

American Queen Steamboat Co. Moves HQ Out of Memphis

American Queen Steamboat Co. has moved its Memphis headquarter to New Albany, Indiana, in what the riverboat cruise company describes as “an effort to synergize shoreside operations with parent company HMS Global Maritime.”

Faropoint Converting ‘Diamond In The Rough’

So far this year Faropoint Ventures has already acquired $37 million in property in the Memphis area and has its sights set on another $38 million by year’s end.

Fall Creek Falls Project Leaves Destructive Trail

The Fall Creek Falls Inn and Conference Center will soon be in ruins like the livelihoods of the state employees who worked there.

STATEWIDE

Tennessee Candidate Rode Plane of Donor She Helped

NASHVILLE, Tenn. (AP) – Republican Rep. Diane Black rode a private plane linked to a Tennessee-based trucking company for which she helped extend a federal emissions loophole.

More Armadillos Move Into Tennessee as Temperatures Rise

NASHVILLE, Tenn. (AP) – Rising temperatures have made Tennessee more hospitable to armadillos over the past three decades.

NATIONAL BUSINESS

PayPal Gains Bigger In-Store Presence With $2.2B Acquisition

SAN FRANCISCO (AP) – PayPal is buying financial services startup iZettle for $2.2 billion to expand its digital payment service into thousands of brick-and-mortar stores in Europe and Latin America.

FDA Says Companies Shouldn't Try to Hide Warning Letters

IOWA CITY, Iowa (AP) – The Food and Drug Administration is encouraging businesses not to use an Iowa company's service or any other that promises to hide information about safety violations.

What Rising Interest Rates Mean for Savers, Borrowers

NEW YORK (AP) – Interest rates are charging higher, and that can be a good or bad thing depending on whether you're saving or borrowing.

Hasbro Trademarks Play-Doh's Scent: Sweet, Slightly Musky

PAWTUCKET, R.I. (AP) – Hasbro has trademarked the scent of Play-doh.

NATIONAL GOVERNMENT

Trump Nominates Acting VA Secretary Wilkie for Permanent Job

WASHINGTON (AP) – In a surprise announcement that caught the candidate off-guard, President Donald Trump said Friday he'll nominate acting Veterans Affairs Secretary Robert Wilkie to permanently lead the beleaguered department.

Conservative Revolt Over Immigration Sinks House Farm Bill

WASHINGTON (AP) – House Republican leaders suffered an embarrassing setback Friday when conservatives scuttled an ambitious farm bill, part of a high-stakes power play as they once again exert their oversized sway in the House.

TECHNOLOGY

Phone Data-Leak Company: No Record of Location-Data Abuse

LocationSmart operates in a little-known business sector that provides data to companies for such uses as tracking employees and texting e-coupons to customers near relevant stores. Among the customers LocationSmart identifies on its website are the American Automobile Association, FedEx and the insurance carrier Allstate.

Clocks May Go a Little Cuckoo With Power Grid Change

WASHINGTON (AP) – Running late for work or just miss that bus? You could have a good excuse: Your electric clock might be running a bit cuckoo.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 80 401 13,843
MORTGAGES 99 439 16,005
FORECLOSURE NOTICES 19 63 2,202
BUILDING PERMITS 233 998 28,755
BANKRUPTCIES 49 276 8,926
BUSINESS LICENSES 23 136 4,701
UTILITY CONNECTIONS 23 141 5,534
MARRIAGE LICENSES 15 88 2,982

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