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VOL. TMN-10 | NO. 19 | Saturday, May 6, 2017
Weekly Issue

Business Time

Roster decisions could be a bear for Grizzlies

Had the flattering comments come from the Memphis Grizzlies’ own content producers, Grind City Media, they would have been easy enough to dismiss. After all, that would have been like what center Marc Gasol said at season’s end when stressing the importance of candid evaluation.

Tennessee Sen. Green Withdraws Nomination for US Army Secretary

WASHINGTON (AP) – President Donald Trump's choice for Army secretary withdrew his nomination on Friday in the face of growing criticism over his remarks about Muslims, and gay, lesbian, bisexual and transgender Americans.

EDITORIAL

Editorial: Memphis Coaches Prove How We View Ourselves Matters

Sports is the all-too-easy analogy for the life of any city – let alone Memphis. Some of us immediately and reflexively respond that basketball, the city’s most popular spectator sport, is where Memphians put their differences aside and come together.

Alexander: Senate Will Write Own Version of Health Care Act

U.S. Sen. Lamar Alexander of Tennessee says the Senate will write its own version of the American Health Care Act that includes keeping coverage for pre-existing conditions.

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Tennessee House Abandons Amendments Before Approving State Budget

Putting a day of acrimony behind it, the House of Representatives overwhelmingly passed a $37 billion budget plan on Friday, May 5, stripping away nearly $320 million in amendments placed on it the previous day.

EMPHASIS Commercial Real Estate

Raleigh Springs Town Center ‘On Track and On Budget’

It’s the end of an era with the final demolition of Raleigh Springs Mall underway, and city and community leaders hope it’s the beginning of a brighter future with the much-anticipated Raleigh Springs Town Center set to rise in its place.

After More Than 70 Years, Colliers Continues to Pay it Forward

In 1946, a small real estate company called Wilkinson & Snowden Inc. took root in Memphis as many of the city’s post-war expansion projects were just getting started. And though the names and faces have changed several times over the years, the culture of the company largely has remained intact for more than 70 years.

Kemmons Wilson Cos. Continues in the Spirit of its Founder

McLean T. Wilson has a statistic he likes to keep top of mind: 94 percent of third-generations businesses fail. Kemmons Wilson Cos. (KWC), the enterprise founded by McLean’s grandfather, Kemmons Wilson, is in the other 6 percent.

THE MEMPHIS NEWS ALMANAC

This Week in Memphis History: May 5-11

1990: Milli Vanilli at the Mid-South Coliseum. Months before the Memphis show, the duo of Fab Morvan and Rob Pilatus had won a Grammy Award as the Best New Artist, and in a Time magazine interview, Pilatus had referred to himself as “the new Elvis.”

FINANCIAL SERVICES

First Horizon Buying North Carolina Bank for $2.2 Billion

The parent company of First Tennessee Bank is buying Charlotte, North Carolina-based Capital Bank Financial Corp., a $10 billion institution that will create the fourth-largest regional bank in the Southeast.

TRANSPORTATION & LOGISTICS

IMPROVE Act Addresses Backlogged Shelby County Projects

Billed as a “once-in-a-generation” opportunity to increase state funding to address a backlog of roadway improvement projects in Tennessee, the recently passed IMPROVE Act is one of Gov. Bill Haslam’s signature pieces of legislation.

MEDIA

Commercial Appeal Changes Continue as Editor Signals Departure

For a little over a month now, it’s seemed as though almost as soon as one significant change materializes at The Commercial Appeal, another follows close behind.

ENTREPRENEURSHIP

Eighteen Startup Teams Set to Begin ‘Summer of Acceleration’ in Memphis

Eighteen startup teams this week have kicked off the “Summer of Acceleration,” the season of joint accelerator programming across six startup accelerators overseen by the EPIcenter, Memphis Bioworks and Start Co.

NONPROFIT SECTOR

Dream About to Become Reality at Youth Villages

Earlier this week, Youth Villages CEO Patrick Lawler presided over the groundbreaking of a $22 million expansion at the Bartlett campus that will result in a 148,000-square-foot center designed to enhance the treatment of the community’s most at-risk and vulnerable youth.

MEMPHIS NEWSMAKERS

Thompson Securing Funds For Ballet Memphis’ Future

Amelia Thompson has joined Ballet Memphis as development associate. In her new role, she works on the administrative side of the organization to generate and secure funding for Ballet Memphis’ daily annual operating budget as well as its capital campaigns.

SNAPSHOT

ServiceMaster’s New HQ Taking Shape

About this time last year, there was a lot of uncertainty surrounding ServiceMaster’s relocation. So when the company announced it would convert the long-vacant Peabody Place Mall into its new corporate headquarters, it sent a clear signal that, in terms of development, anything is possible these days in the Bluff City. 

EDUCATION

ASD Sheds 29 Employees in ESSA Shift

The state-run Achievement School District is losing 29 employees including 13 who are involved in the direct running of the first schools in Frayser taken over by the district in 2012.

Shelby County Schools Head Discusses Stability, Next Steps

Shelby County Schools superintendent Dorsey Hopson is always going to hear from parents. The only question day in and day out is how much he will hear from them.

Germantown Offers $25M for 3 SCS Schools

Germantown leaders made Shelby County Schools an offer Tuesday, May 2, of $25 million for Germantown Elementary, Middle and High schools – known as the “three Gs” – that remained part of SCS in the 2014 demerger of public education in Shelby County.

GOVERNMENT & POLITICS

'Who is a Democrat?'

Shelby County Democratic Party reorganization struggles with enforcing loyalty

Through two meetings in less than a week, the leader of a reorganization of the Shelby County Democratic Party has heard one discussion more than any other issue raised in the gatherings.

Boyd Police Overtime Cut Approved

Of 10 Memphis City Council members present Thursday, May 4, for the ongoing review of the city budget proposal, half favored a move to cut police overtime and half did not.

Boyd: Memphis Public Safety Spending Out of Balance

Memphis City Council chairman Berlin Boyd says the city budget is lopsided when it comes to its priorities.

Luttrell Shuns Tax Cut In Proposed $1.2B Budget

Shelby County Mayor Mark Luttrell has taken a $1.2 billion consolidated county government budget proposal to the Shelby County Commission that would maintain a stable property tax rate but shift a part of the tax rate to establish a capital projects pay-as-you-go fund.

Vaughan Meets Byrd-Ashworth in District 95 General Election

Shelby County Republicans are warning against complacency in the coming State House District 95 special general election in June.

HISTORY

Groups Prepare for Persons’ Lynching Centennial

When a pair of new historical markers on Summer Avenue are unveiled later this month, it will be the latest milestone in current discussions about what happened long ago in Memphis.

DOWNTOWN

Plans for Boutique South Main Hotel Move Ahead

A new South Main restaurant, an up-and-coming boutique hotel brand and a Medical District mixed-use development all got the green light from the Downtown Memphis Commission’s Design Review Board Wednesday, May 3.

Forum to Riverfront Corridor Debuts In June

The area between FedExForum and the Mississippi River is getting a network of protected bike lanes and pedestrian plazas next month as part of a year-long pilot project.

REAL ESTATE RECAP

New York Firm Pays $23M for 3 Germantown Hotels

7750 Wolf River Blvd., 9314 Poplar Pike and 9320 Poplar Pike, Germantown, TN 38138 | Sale Amount: $23 million

THE PRESS BOX

NFL: OK to Hit a Woman, But You Better Stand for Anthem

Well, at least Johnny Manziel doesn’t have an NFL job. If Colin Kaepernick is seeking solace from his place on the quarterback unemployment line, perhaps he can begin there. 

SPORTS

His Team: After One Season, David Fizdale Leaves Fingerprints on Grizzlies

The pain of losing his first NBA playoff series as a rookie head coach was still fresh, still raw. The night before, David Fizdale watched as his Grizzlies fell to the San Antonio Spurs in Game 6 in the first round.

How Did Vols Not Win More With This Talent?

One check of the 2017 NFL Draft shows why Tennessee was the favorite to win the SEC East Division last fall.

Titans Draft About More Than Physical Skills

It’s easy to look at the Tennessee Titans’ 2017 draft and conclude general manager Jon Robinson drafted for need.

Robinson Gives Mariota Weapons for Success

Just when we think we’ve figured out Titans G.M. Jon Robinson, he reinvents himself.

NFL Draft’s Favorite Flavor? SEC, Heavy on Alabama

Penn State won the Big Ten title in 2016, but the Nittany Lions didn’t score many recruiting points during the 2017 NFL Draft. They had just one player selected. And so did other traditionally stout football schools named Texas and Nebraska.

TENNESSEE LEGISLATURE

Republican In-fighting in Tenn. House Stirs Up Budget Mess

The House of Representatives adjourned in apparent disarray Thursday, May 4, after arguing over amendments to a $37 billion budget plan, some saying discord stemmed from votes on the governor’s IMPROVE Act.

Tennessee House Passes Gun-Lawsuit Bill

Legislation making it easier for cities to be sued over gun restrictions eased through the state House Wednesday, May 3, even though it would allow those filing lawsuits to claim triple attorney fees.

It’s Not Hogwash, State Approves Silencer Bill

Tennesseans who want to shoot feral hogs won’t have to worry about scaring the critters now that they have permission to put a silencer on their rifle.

Lawmakers Still Seek Answers as Outsourcing Contract Gets Underway

A majority of Tennessee’s legislators, including several Shelby County lawmakers, are asking the state to hold up on a facilities management outsourcing contract with Jones Lang LaSalle.

Resolution Targets California’s Proposed Travel Ban, Discourages Similar ‘Blackmail’

Despite a Memphis lawmaker's concerns about a “knee-jerk” reaction, the House passed legislation Monday, May 1, aimed at a California travel ban against states passing anti-gay laws.

House Leader Casada Backs Towns’ Slavery Amendment to State Constitution

NASHVILLE – Rep. Joe Towns’ legislation to remove slavery from the state Constitution is being postponed until 2018, but it picked up a key endorsement Monday from Republican House Majority Leader Glen Casada.

Tenn. Lawmakers Look to Void Resolution Honoring Forrest Biographer

NASHVILLE – Memphis lawmakers blasted a Smyrna legislator Thursday morning, accusing him of violating their honor system by sliding a resolution through the House honoring an author they perceive as a Nathan Bedford Forrest apologist.

MARTHA KELLY'S MEMPHIS

Snapshot: A Fresh Look at Old Zinnie's

In her monthly illustration of Memphis life for The Daily News, artist Martha Kelly sketches Zinnie's, a Midtown institution located at Madison Avenue and Belvedere Boulevard. Many locals refer to the bar/restaurant as Old Zinnie's; the newer Zinnie's East that opened nearby closed in early 2011. Check out more of Martha's art at marthakellyart.com.

LOCAL COLUMNISTS

5,000 Miles Of Smoke

DANISH ISN’T JUST FOR BREAKFAST ANYMORE. The man was hauling gold up the steps from Riverside Drive as I waited at the top of the bluff. He was rising like smoke from all the cookers below, holding as he was something above the rest.

Financial Freedom

Ray’s Take We have been trying to move away from using the word “retirement” and instead focus on achieving “financial freedom.” But have you ever asked yourself what financial freedom is? 

Moving Enterprise Email Up to the Cloud

Even in today’s world of texting and social media messaging, email is still an integral part of keeping in touch with clients, customers and co-workers. As a business owner, hosting your own email can be costly and managing storage can be a challenge for your I.T. team. 

View From the Hill: Forrest Kerfuffle Might Be Sign of Bigger Problem

Legislation that slipped through the House of Representatives honoring an unknown author who penned a Nathan Bedford Forrest apologist biography was enabled by the climate within the Republican-controlled body, a Memphis legislator says.

Mission Failure: One Day at Disney

Four Disney parks in one day is possible but not very likely. I knew that before we secured one-day park-hopper passes for Walt Disney World, but I went ahead and did it anyway.

Finding Your First Job

You’ve made it through four years of college. Now what? Getting your first job after graduation can feel like a daunting task. We have such high hopes of finding the perfect career quickly and easily – until we hit a wall. Based on a recent Wall Street Journal piece, many college graduates can relate.

Avoid Being a Labor Department Target

Recently, The Daily News ran a story regarding the U.S. Department of Labor’s current investigation of Google. Specifically, the government allegedly discovered “systemic compensation disputes” across Google’s workforce. The dispute in this case, as with most pay equity cases, is what constitutes “comparable work.”

2017 – The Year of Video

If marketers had a zodiac calendar, we might call 2017 “The Year of the Video.”

Choosing a Donor Management System, Part Two

The complaints associated with using technology to support fundraising are many and varied. Unfortunately the “human factor” plays a large role in how well a specific database or tool performs. 

Legal Guidance on Severance Agreements

“You’re fired!” is an infamous phrase made more popular by our current president. Workers in the current economy have heard that phrase more frequently. 

Exit Now: 9 Signs of a Bad Client

Not all client-consultant relationships are equal. Like a good marriage, both parties must be capable and willing to work together. Listening respectfully to one another is key to success, as is being able to perform at the highest potential capacity on the scope of work without adding unnecessary obstacles. Being able to accept and capitalize on ongoing feedback is also a two-way street.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 312 16,192
MORTGAGES 0 293 18,685
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 655 33,126
BANKRUPTCIES 0 237 10,737
BUSINESS LICENSES 0 112 5,198
UTILITY CONNECTIONS 0 127 11,344
MARRIAGE LICENSES 0 94 3,867

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Issues | About

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