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VOL. 132 | NO. 106 | Monday, May 29, 2017

Full Restoration After Smaller 'Hurricane Elvis' To Take More Than a Week

UPDATE: As of 9 a.m. Monday, May 29, 125,000 Memphis Light Gas and Water Division customers were without power. And 32 people were staying at the Red Cross shelter at the Orange Mound Community Center. City Public Works has hired more contractors to help clear downed trees and other debris from roads.

The Week Ahead: May 29-June 4

Hello, Memphis! Memorial Day is the unofficial start of summer, and there’s no shortage of activities to get you outside to celebrate. Whether you’re looking for something to do with the kids or already need a break to chill with other adults, we’ve got you covered in The Week Ahead…

10 Nonprofits to Receive GiVE 365 Grants

GiVE 365, The Community Foundation of Greater Memphis’ dollar-a-day philanthropy program, has announced grants totaling $60,000 to 10 nonprofit organizations. This year’s grant cycle is themed “Foundations for the Future: programs that help youth meet their potential.”

Local Democratic Reorganization Starts to Come Into Focus

Shelby County Democrats should have a framework for a reorganized local party soon.

North Mississippi Developers Gear Up to Land Large Clients

With almost 3.5 million square feet of speculative space floating around in North Mississippi just between Crossroads Distribution Center and Gateway Global Logistics Center alone, it appears that there is no shortage of interest in the region from prospective clients.

Local Weather
Currently
Memphis, TN
49.0°F
Fair
Wind: North at 11.5 mph
Humidity: 41%

EVENTS

Talk Shoppe will meet Wednesday, May 31, from 9 a.m. to 10 a.m. in NovaCopy’s conference room, 7251 Appling Farms Parkway. The topic is The MasterMind Principle, based on the book “Think and Grow Rich” by Napoleon Hill. Cost is free. Visit talkshoppe.com.

more events »

Wright Claims Lakeland Commission Seat

Wesley Wright, the owner of Wright Landscapings, claimed the vacant seat on the Lakeland City Commission on Thursday, May 25, in unofficial election results.

THE MEMPHIS NEWS

The Buying And Selling Of Memphis

The perils of dirt-cheap real estate and investors who buy sight unseen

Even before he went to federal prison for 25 years on a racketeering conviction in 1995, Danny Owens had a real estate portfolio. The strip-club kingpin who defined the industry in Memphis across a 20-year period owned the old Memphian movie theater and made possible its 1986 sale to Playhouse on the Square by donating $160,000 toward its purchase.

Editorial: We Must Stand Together To Fight Memphis Blight

The saying is you can’t see the forest for the trees. And at times that is what Memphis’ seemingly eternal battle with blight feels like.

May 26-June 1, 2017: This week in Memphis history

1956: Carl Perkins at the Overton Park Shell with a surprise visit by Elvis Presley. Just five months earlier, Sun Records had released Perkins’ biggest hit, “Blue Suede Shoes.” And Presley had left Sun late in 1955 for RCA.

LAST WEEK'S MOST POPULAR

Barbecue Decoy Surfaces As Overton Square Protest

Several dozen people staged a street theater protest in Overton Square Saturday, May 20, after a decoy call for a protest Downtown at the Memphis In May International Barbecue Cooking Contest.

Hardy: EDGE’s MWBE Program Not Working

The chairwoman of the Greater Memphis Chamber board said first indications are that minority business requirements in tax breaks awarded by the Economic Development Growth Engine – or EDGE – aren’t working.

Council Sets Stage for Raise, Keeps Railgarten and Cuts Beale Cover

Memphis City Council members approved Tuesday, May 23, a 1 percent across the board pay raise for all city employees setting the stage for a final vote on budget matters at the June 6 council session.

City & State Plans Location in Memphis Medical District

A new City & State location is coming to the Medical District next year, with the planned opening roughly coinciding with the three-year anniversary of the combination coffee and retail venture that first opened in the Broad Avenue Arts District in early 2015.

Mueller Approved for 10-Year Tax Abatement to Relocate to Collierville

The Collierville Board of Mayor and Aldermen approved Mueller Industries’ request for a 10-year tax abatement, paving the way for the company to begin the process of relocating its corporate headquarters to Collierville.

STATEWIDE

Nashville Overtakes Memphis as Tennessee's Largest City

NASHVILLE, Tenn. (AP) – Newly released figures indicate Nashville has overtaken Memphis as Tennessee's largest city.

STATE GOVERNMENT

Tennessee Governor Signs NRA-Backed Metal Detector Gun Bill

NASHVILLE, Tenn. (AP) – Many Tennessee city and county buildings, parks and buses will either have to buy metal detectors, hire security guards and check people's bags, or let handgun permit holders bring in their guns, under a law signed Friday by Gov. Bill Haslam.

Tennessee House Democrat Announces He Will Retire in 2018

NASHVILLE, Tenn. (AP) – A Tennessee House Democratic lawmaker has announced he will retire next year at the end of this Republican-led General Assembly.

US ECONOMY

US Growth in First Quarter Upgraded to Still-Slow 1.2 Percent Rate

WASHINGTON (AP) – The U.S. economy began 2017 with a whimper – though not quite as weak a whimper as the government had first estimated.

MEDIA

Mike Huckabee to Revive His Talk Show on TBN

NEW YORK (AP) – Former Republican presidential candidate Mike Huckabee will start a new weekly talk show on the religious Trinity Broadcasting Network this fall.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 115 270 19,843
MORTGAGES 141 311 23,225
FORECLOSURE NOTICES 23 71 8,375
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 74 196 13,300
BUSINESS LICENSES 25 48 6,185
UTILITY CONNECTIONS 40 125 13,120
MARRIAGE LICENSES 15 73 4,915

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