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VOL. 131 | NO. 107 | Monday, May 30, 2016

The Week Ahead: May 30-June 5

It's time to get this week started, Memphis! Here’s our roundup of local happenings you need to know about, from a Funkadelic party at the New Daisy to a Day of Merrymaking on the Greensward... 

MSO, University of Memphis Partnership Will Open New Doors

A new partnership between the Memphis Symphony Orchestra and the University of Memphis may become a model for sustainability of fine arts organizations in a new economic landscape.

First-Quarter Results Show Fred’s on Rebound

Especially for a company like Memphis-based discount retailer Fred’s Inc., quarterly earnings results are about more than the numbers.

Crime Stats Chronicle Recent Spike in Violent Crime

Myneishia Johnson’s funeral was the day before she was supposed to graduate from high school.

Fiz & Grizz Look Like Good Fit, But New Coach Will Need Players

When the Memphis Grizzlies fired Dave Joerger after three seasons, the public reaction from players was, well, non-existent.

Local Weather
Currently
Memphis, TN
43.0°F
Overcast
Wind: West at 3.5 mph
Humidity: 100%

EVENTS

Start Co. will offer small-business mentoring sessions Tuesday, May 31, from 2 p.m. to 6 p.m. at the Benjamin L. Hooks Central Library, 3030 Poplar Ave. This free program offers one-on-one counseling about starting or managing a small business. Visit memphislibrary.org for details.

more events »

Snapshot: Unlike Team, There's an I in Ikea

Workers were placing the large IKEA letters on the side of its Memphis store on May 24. The 271,000-square-foot store, the first in Tennessee, is slated to open in late fall on the south side of Interstate 40 at Germantown Parkway.

THE MEMPHIS NEWS

Innovating Health

Memphis’ health care sector gets a boost from startups, technology, research and more

Dr. Guy Reed’s Memphis-based medical startup hit a big milestone toward the end of 2015, when Japanese pharmaceutical company Daiichi Sankyo reached a deal to license the company’s technology.

Editorial: Innovation Must Link Memphis’ Needs, Promise

The innovation efforts starting to bear fruit in Memphis’ medical community didn’t just appear miraculously.

May 27-June 2: This week in Memphis history

1990: On the front page of The Daily News, the large cavitation channel being built on Presidents Island is nearing completion. Its formal name is the David Taylor Research Center. The chamber, 240 feet long by 65 feet high, is to hold 1.5 million gallons of water to test water flow effects, or cavitation characteristics, for ships and submarines.

LAST WEEK'S MOST POPULAR

Laser Quest Closing In Poplar Plaza

Laser Quest, a longtime tenant in the Poplar Plaza shopping center, is set to close on Sunday, May 29.

St. Jude CEO Talks Hospital Culture

One of the first directives Dr. James Downing got from the board of directors at St. Jude Children’s Research Hospital upon his appointment as the hospital’s president and CEO in 2014 was blunt, to say the least:

One Family

Shadyac's plan seen as a catalyst to revive Soulsville community

An unprecedented private investment aims to restore a commercial heart to the Soulsville USA neighborhood, where a pair of sprawling buildings take up nearly a full block across from the Stax Museum of American Soul Music. It isn’t an eyesore, but inactivity within those walls has been a drag on the community.

Former Church Health Center President Joins Methodist

Methodist Le Bonheur Healthcare has added former Church Health Center president Antony Sheehan to its leadership team.

Crosstown High Organizers Say It Will Be Innovative, Whether Charter or Optional

Crosstown High School could be a charter school after all.

STATEWIDE

Traffic Ticket? State Lawmaker Says No Problem, Just Burn It

NASHVILLE, Tenn. (AP) – A Republican Tennessee lawmaker says getting a traffic camera ticket isn't a problem – he just burns them.

Rutherford County Sheriff Faces Public Corruption Charges

NASHVILLE, Tenn. (AP) – A county sheriff is facing public corruption charges after being named in a 14-count indictment that accuses him and others of benefiting from a scheme to sell electronic cigarettes to inmates in the jail he oversees.

University of Tennessee Students Raise Funds for LGBT Center

KNOXVILLE, Tenn. (AP) – University of Tennessee students have raised funds for the school's LGBT center after a state law led to the loss of its funding.

ECONOMY

Janet Yellen Says Fed Could Raise Rates in Coming Months

CAMBRIDGE, Mass. (AP) – Federal Reserve Chair Janet Yellen said Friday that an interest rate hike would be appropriate in the coming months if the economy keeps improving.

US Economy Showing Signs of Life After Slow Start to Year

WASHINGTON (AP) – The U.S. economy is showing signs of more life after a less-than-stellar start to the year.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 69 69 21,228
MORTGAGES 57 57 24,842
FORECLOSURE NOTICES 0 0 8,703
BUILDING PERMITS 0 0 43,347
BANKRUPTCIES 0 0 14,194
BUSINESS LICENSES 12 12 6,503
UTILITY CONNECTIONS 0 0 13,678
MARRIAGE LICENSES 19 19 5,177

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