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VOL. 133 | NO. 108 | Wednesday, May 30, 2018

Gregory Realty Grows Industrial Portfolio

Gregory Realty has acquired more than 53,000 square feet of industrial/flex space at 3920 S. Perkins Rd. and 3900 Perkins Cut Off Rd. for just over $1.6 million.

Revamped One Beale Plans Get City Board Approval

Carlisle Corp.’s revamped plans for One Beale received unanimous approval from the Center City Revenue Finance Corp. on Tuesday, May 29.

Memphis Manufacturer Classic American Hardwoods Still Thriving

Classic American Hardwoods could just as easily be called Classic American Success Story. The latter name fits just about as well as the former.

Candidates Stake Claims For November Elections

At the Memorial Day holiday, the incumbent mayors of Bartlett, Germantown and Lakeland had pulled petitions to seek re-election in municipal elections on the Nov. 6 ballot.

Merging Past, Present

Owners rebrand Hickman Building for latest transformation

The Medical Arts Building at the corner of Madison Avenue and Fourth Street in Downtown Memphis, much like its hometown, has seen its share of ups and downs for nearly a century.

Local Weather
Currently
Memphis, TN
81.0°F
Partly Cloudy
Wind: West at 13.8 mph
Humidity: 69%

EVENTS

Remington College Memphis Campus will celebrate the launch of several new programs with an open house Wednesday, May 30, from noon to 4 p.m. on campus, 2710 Nonconnah Blvd. The public can tour the campus, meet instructors and learn about the new programs. Visit remingtoncollege.edu.

more events »

Last Word: SCS Budget Travels, Carlisle on One Beale and Hickman's Comeback

Shelby County Schools officials are Downtown Wednesday to formally present the school system’s budget proposal to the Shelby County Commission. The budget committee hearing Wednesday morning won’t see any decision just yet. But the school system’s ask of county government is a big part of the commission getting to a more complete view of county government’s budget since north of $400 million of the county’s $1.3 billion consolidated budget is funding for public education across seven school districts in the county.

Luttrell Vetoes Second Commission Resolution Hiring Bolton as Adviser

Shelby County Mayor Mark Luttrell has vetoed a second resolution by the Shelby County Commission appointing attorney Julian Bolton as the commission’s legislative policy adviser.

MEMPHIS NEWSMAKERS

Paraham Joins DCA As PR, Social Media Coordinator

Wesley Paraham has joined Memphis-based creative communications consulting firm as PR and social media coordinator. In this role, Paraham supports DCA’s public relations and social media strategies for clients including Explore Bike Share, Memphis Greenspace, Memphis Public Libraries and Big River Crossing, with a special emphasis on research and content development.

LOCAL COLUMNISTS

The Social Media Tattoo

Have you ever considered getting a tattoo? Or had a child ask you about getting one? If you have, you know it can be a tough decision.

Self-Accountability Key to Sales Success

I’ve always contended that there are few business professions as challenging as a career in sales, which is why it’s not at all surprising that more than 45 percent of salespeople don’t meet their annual quota, according to a CSO Insights performance management study.

Tips to Halt Small Business Scammers in Their Tracks

One of the oldest, but still popular, scams perpetrated against businesses is the “office supply scam.” Small businesses, nonprofit organizations, schools and other organizations are tricked and even intimidated into paying for supplies they didn’t order.

REGIONAL NEWS

Justices Allow Arkansas to Enforce Abortion Restrictions

WASHINGTON (AP) – The Supreme Court on Tuesday allowed Arkansas to enforce restrictions on how so-called abortion pills can be administered while a legal challenge to the restrictions proceeds, which critics say effectively ends that option for women in the state.

Hosemann: Mississippi Businesses Want Well-Educated Workers

JACKSON, Miss. (AP) – Mississippi businesses say in an unscientific survey that the top item on their wish list is a well-educated workforce.

NATIONAL BUSINESS

Bayer Selling $9B in Ag Business Ahead of Monsanto Merger

WASHINGTON (AP) – German pharmaceutical giant Bayer AG has agreed to the U.S. government's demand that it sell about $9 billion in agriculture businesses as condition for acquiring Monsanto Co., a U.S. seed and weed-killer maker.

Indie Bookstores and Barnes & Noble Find Common Ground

NEW YORK (AP) – When Barnes & Noble Chairman Len Riggio delivers a keynote address at this week's publishing convention, he will be introduced by a man once considered a bitter rival, CEO Oren Teicher of the American Booksellers Association.

Sonic Joining Fast-Food Trend of Taking Orders Ahead of Time

OKLAHOMA CITY (AP) – Sonic Drive-In is joining fast-food industry trends allowing customers to get what they want even faster thanks to smartphones.

Loan Demand Down as Company Owners Turn to Personal Funds

Fewer small employers sought loans and other financing toward the end of last year as many companies dealt with fiscal challenges.

Experts: Starbucks Training a First Step in Confronting Bias

Starbucks, trying to put to rest an outcry over the arrest of two black men at one of its stores, was set to close more than 8,000 stores Tuesday for an afternoon of anti-bias training, a strategy some believe can keep racism at bay.

ARTS & ENTERTAINMENT

ABC Cancels 'Roseanne' Following Star's Racist Tweet

NEW YORK (AP) – ABC canceled its hit reboot of "Roseanne" on Tuesday following star Roseanne Barr's racist tweet that referred to former Obama adviser Valerie Jarrett as a product of the Muslim Brotherhood and the "Planet of the Apes."

NATIONAL GOVERNMENT

Not So Easy: Trump's Trade Agenda Hits Stumbling Blocks

WASHINGTON (AP) – President Donald Trump's hard-line views on trade, a staple of his message long before he entered politics, are beginning to collide with the cold realities of global geopolitics.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 79 396 11,921
MORTGAGES 90 443 13,870
FORECLOSURE NOTICES 10 70 1,928
BUILDING PERMITS 191 975 25,139
BANKRUPTCIES 56 289 7,762
BUSINESS LICENSES 23 184 4,083
UTILITY CONNECTIONS 22 166 4,847
MARRIAGE LICENSES 16 81 2,625

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