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VOL. TMN-8 | NO. 20 | Saturday, May 9, 2015
Weekly Issue

Beautiful Minds

As STEAM students learn to solve problems, they just might change the world

Someday, a famous innovator’s biography may include the story of the first time she used a hammer – at age 4 or 5, at a private Memphis girls school, to pound on a strip of copper.

Editorial: STEM Holds Promise, Power

STEM and STEAM education models have garnered criticism that their approach locks students into a specific career or job track too early. After all, those of us of a certain age grew up with the idea that a well-rounded education was the best way to prepare for our future.

Channeling Pierre

A few times a week, people recognize me from Behind the Headlines, the show I’ve hosted on WKNO for the past four and a half years. It’s an odd and wildly self-conscious experience, but one that I’ve almost grown used to over the years, only because people seem to appreciate the show very much.

EMPHASIS Commercial Real Estate

Rollin' On The River

Harbor Town celebrates 25 years

When the team of planners and developers behind the Harbor Town community on Mud Island wanted to build slimmer streets to promote a more pedestrian-friendly experience, the city of Memphis said they couldn’t do it.

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Opportunities for ‘B’ Buildings in ‘A’ Markets

Perched on floor 31 of the iconic Clark Tower office building in East Memphis, immigration attorney Eric Henton offers clients from around the Southeastern U.S. an incredible view of Memphis.

Massey Helps Grow Memphis CCIM Chapter

Unlike countless college students who hop from one major to another, Shawn Massey always knew he wanted to be involved in commercial real estate.


May 8-14, 2015: This week in Memphis history

2014: Republican presidential contenders Marco Rubio and Rand Paul visit Memphis for the Republican National Committee spring meeting at The Peabody. Rubio speaks at a closed gathering at Rendezvous restaurant. Paul meets privately with African-American pastors, then, in a public speech to RNC members, criticizes efforts by Republicans in state legislatures across the country to impose voter ID standards.

90 Years On

Tom Lee’s heroism still stands in river lore

Somewhere in the University of Memphis Libraries’ Special Collections section is a cassette – a relic itself – that holds the voice of Harry Wiersema recalling his time living by the Mississippi River in Memphis.

Conduit Job Cuts Follow Bass Pro Gain

The news that Conduit Global would lay off nearly 600 of its 700 Memphis call center employees happened so quickly that Mayor A C Wharton Jr. was caught by surprise when the word came Wednesday, May 6.

Brewery Redevelopers Seek 20-Year Tax Freeze

The team behind the effort to redevelop the historic but long-vacant Tennessee Brewery could receive a 20-year tax freeze to help make the project a reality.

Real Estate Market Shows Signs of Strengthening

Memphis and Shelby County home sales in April were slightly off last year’s pace, though pricing improved and foreclosure sales continued to plummet, according to real estate information company Chandler Reports.

Mortgage Market Up 9 Percent in April

Triumph Bank found itself at the end of April with a second straight record-breaking month for its mortgage division, with Triumph Mortgage having funded more units and loan volume in the month than during any other in the bank’s history.

Shops at Kirby Gate Sells for $3.4 Million

A California-based investor has purchased the Shops at Kirby Gate in East Memphis for $3.4 million.

Universal Appeal

Free centers aim to help raise happy, healthy kids

Paige Marcantel, a licensed clinical social worker, served as a grief counselor for Baptist Memorial Hospital for several years before becoming a stay-at-home mom two years ago.

Extra Schools Funding Request Gets Good First Reviews

Shelby County Schools officials took a request Wednesday, May 6, for $14 million in new funding to Shelby County Commissioners and got lots of general support.

New Questions About Southbrook Mall Renovation

Late last year, Memphis Mayor A C Wharton Jr. was pushing a town center-type conversion of Whitehaven’s Southbrook Mall.

LaVeist to Keynote Common Table Health Alliance Fundraiser

There have been other projects – going back many years – that explored the impact of health disparities in the United States.

Donelson Honored With Carnival’s Highest Award

Nearly 500 law industry leaders filled the Hilton Memphis ballroom for Carnival Memphis’ annual Business & Industry Salute luncheon as part of its 84th anniversary celebration.

Renowned Farm-to-Table Restaurant Hitting Memphis

A restaurant chain known for propelling the national farm-to-table dining movement will serve up its acclaimed fare at two high-profile Memphis locations.

Greenprint Guru

Chamber hires new face to administer Greenprint Plan

When John Michels was a kid going to nature camps with his family and hiking with his brother and cousins, he was taking the first steps along his career path.

Larger Hotel Overton To Replace French Quarter Inn

The idea of an Overton Square hotel has long been a part of plans for the Midtown entertainment district, which marks the 45th anniversary of its founding this month.

Study Recommends Sweeping Changes in Access to Police Reports

A monthlong review of just how open public records are within Memphis government recommends some sweeping changes in public access to city police investigations.

ULI Gathering Puts Numbers to Poverty Challenge

The way Steve Guinn sees it, there are two ways for Memphis to reduce its poverty rate by 10 percentage points.

Pair of Employee Benefits Firms Merge

Two Memphis-based employee benefits firms have merged, effective May 1, and they’re attributing the union in part to the daunting task some firms have of coming to grips with the Affordable Care Act.

At Long Last

Pinch District businesses celebrate Bass Pro opening, lament lack of access

It’s taken the city of Memphis 10 years to reel in Bass Pro Shops at The Pyramid, and business owners in the nearby Pinch District hope it will be a catalytic force they’ve been waiting for.

Pinnacle CEO Talks Memphis Plans in Wake of Acquisition

Flush from its newly announced acquisition of Magna Bank and the hire of a team from First Tennessee Bank, the newest entrant into the Memphis banking market already is looking down the road, planning more hires and a careful expansion of Magna’s existing footprint.

Shelby Farms Mixes Spring and Construction

The invitation advised guests to “dress for dirt.”

Changes Coming for State Judicial Appointments

The state body that recommends finalists for judicial vacancies to the governor is taking applications for the Shelby County Chancery Court vacancy created by the death of Chancellor Oscar “Bo” Carr.


Grizz Aim to Make Memorable Win the Start of Long, Grinding Series

They have made a memory. No matter what happens going forward, the Memphis Grizzlies have earned a measure of respect that cannot be stripped away like Tony Allen taking the ball from Klay Thompson.

The Joy of Tony Allen; Inflategate Worse Than Deflategate

Wading in with a few quick takes …

Changing Hometown, Careers Pays Off for Hyams

Jimmy Hyams moved to Knoxville from Baton Rouge, Louisiana, in the summer of 1985 looking for a fresh start to his journalism career and found a job as a sportswriter for the Knoxville News Sentinel.


Rodgers Takes Reins at Collierville Chamber

Kanette Keough-Rodgers recently took over as president/CEO of the Collierville Chamber of Commerce after the chamber’s transition team selected her from more than 170 candidates.


Germantown Parkway Parcels Sell for $3.4 Million

789 and 725 N. Germantown Parkway, Memphis, TN 38018, Sale Amount: $3.4 million -
Two parcels of rarely available land on Germantown Parkway have been purchased for $3.4 million.


Central Animal Hospital Grows With Midtown

Entering its 10th year of business under the care of wife-husband team Dr. Jennifer Karnes and Steve Karnes, Central Animal Hospital has a new building, new branding and a strengthened presence as Midtown’s animal hospital.


Can We Still Be Friends?

DIVORCE MAY BE BEST. After all, it was a shotgun wedding.

What to Do After a Big Raise

As today’s professionals are learning, the fastest way to get a big raise is to switch jobs. Often, staying at the same job will put an additional 2 to 3 percent in your pocket each year. That’s not enough to keep up with the rising costs of rent, food or much of anything.

Planning for Those With Special Needs

Ray’s take: Sometimes life throws us a curve in the form of a child with special needs. And when that happens, the best gift we can give them, beyond our love and care, is a future securely planned to meet their individual needs.

Mercy On the Decider

“I want to throw my mercy on the court.” Twice from the bench I’ve heard a defendant say that. The first time, my initial thought was, “What a great start to a heroic couplet!” It’s iambic: “I WANT to THROW my MER-cy ON the COURT.” I did not have a good line ready with which to respond.

Cannabis Oil Bill Could Lead to More ‘Evil Weed’ Wins

Logan and Stacie Mathes were on "pins and needles" as they waited for Gov. Bill Haslam to sign legislation into law allowing cannabis oil to be used to treat seizures and similar medical problems in Tennessee.

What Business Leaders Can Learn From Improv Actors

Take a moment to think of someone you know who is confident and fast to adapt in the moment, someone who routinely performs well under pressure and who has an uncanny ability to deftly counterbalance risks and rewards in an instant to make a smart decision.

Blame Fed for Lame Q1 GDP?

The U.S. economy grew 0.2 percent in the first quarter, well below analyst consensus. The fairly typical excuses followed the release, from weather to port strikes, to the first quarter growth curse that has stifled Q1 numbers since the financial crisis. The Fed even brushed off the weak numbers as a consequence of “transitory factors.”

Fundraising and Basketball, Part 2

Part two of a two-part series. It’s that time of year – basketball every night! The games get better and better. Grizz fans are loyal, excited and stressed. People are staying up way too late to make sure they see the full game. Everyone is wearing their Grizz gear. The playoffs are on!

Strong Dollar Means Europe Savings

A trip to Europe isn’t a spur-of-the-moment happening. If you don’t have your week in Italy for June booked already, odds are it’s not on your radar.

Welcome to the New Era of Automation

When Netflix put the video rental retail stores in their coffins, there was still a sizable segment of people who missed the convenience, were suspect of a mail-order or streaming subscription service or simply didn’t have the connectivity to enjoy it.

Put Laughter in the Workplace

Grandparents are noted for the things they teach their grandchildren.

Nashville Edition

Want a Great-Paying Job? Here’s the Deal

Tech companies are ‘snatching up’ grads of Tennessee computer-training programs

Want a new career with nearly unlimited upside potential? One that will have employers beating down your door?

TCAT’s 27 Campuses Offer ‘A Different Life’

Ready for a new career? If you’re looking for a fresh start, Tennessee may be one of the best places in the world to find it.

Lipscomb-Area Jewelers Dazzle Both Sides of Granny White

When the blonde left-fielder skidded across the outfield grass attempting in vain to catch a tricky hit, she likely didn’t know she was “visiting” – belly down – a well-fertilized, close-cropped living memorial to the man who spread love of Lipscomb from his jewelry store a couple hundred yards away.

Do We Have a Deal? Yes, Until We Don’t

People are angry now. Angrier than ever. In the past, there may have been a slight skirmish or two, but now there are battles that often escalate into full-scale wars.

Knoxville Edition

Convincing Girls, Women to Pursue Science and Math Careers

Oak Ridge researcher on why STEM fields need women, vice versa

Claudia Rawn is used to talking about science, so when asked to speak about women in the STEM disciplines, she was a bit out of her comfort zone.

Study Finds 3-1 Shortfall of Women in STEM Careers

Women in the United States have made great strides in education and entry in the workplace over the past 50 years, yet they continue to be underrepresented in science, technology, engineering and math, referred to collectively as STEM disciplines.

Women in STEM is No Recent Phenomenon

One of the challenges facing women in STEM disciplines is the lack of role models girls have when it comes to female mentors in science, engineering, technology and math.

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PROPERTY SALES 68 321 13,763
MORTGAGES 79 340 15,906
BUILDING PERMITS 265 765 28,522
BANKRUPTCIES 49 227 8,877

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