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VOL. 131 | NO. 92 | Monday, May 9, 2016

AP Source: Kings Agree to Terms With Coach Dave Joerger

A person with knowledge of the deal tells The Associated Press that the Sacramento Kings have agreed to terms with Dave Joerger on a three-year deal to make him their new coach.

Joerger and Grizzlies Both had the Itch

If Dave Joerger and the Memphis Grizzlies had been a married couple, they would have been those unsettled spouses forever undercutting each other in dinner party conversations, rolling their eyes, and smiling fake “we really do love each other smiles” while checking out all the other guests.

The Week Ahead: May 9-15

Alright, Memphis, grab your calendars! Whether you want to book it over to the Ruby Bridges Reading Festival or just baste in the scent of barbecue, there’s plenty to do this week. Here’s our roundup...

Snapshots: RedBall Bounces Through Memphis

The RedBall Project, created by artist Kurt Perschke, rolled into the Memphis Brooks Museum of Art on April 28 to kick off a 10-day tour of the Bluff City. Daily News photographer Andrew J. Breig captured the 250-pound ball's round-trip journey – including its final stop in Memphis on Saturday, May 7, at the Brooks' all-day centennial celebration.

Retail, Amenities Embellish Highland Row Development

Highland Row, a mixed-use development sprawling across an entire block in the University of Memphis area, will see its first residents this summer.

Local Weather
Currently
Memphis, TN
91.0°F
Overcast
Wind: Southwest at 11.5 mph
Humidity: 64%

EVENTS

Luna Nova will perform a Belvedere Chamber Music Festival preview concert on Monday, May 9, at 7 p.m. at the Beethoven Club, 263 S. McLean Blvd. Visit lunanova.org.

more events »

Last Word: Behind Grit N Grind, Brooks at 100 and Massacre

This is a 12-month-a-year basketball town. There’s the season, possibly a post season, which by NBA standards is a second season. (Yep, they are still playing.) And then there is the rest of the year when whatever has been about to boil over behind the façade of sports clichés finally begins to spill out into the open.

Grizzlies Fire Dave Joerger

The Memphis Grizzlies on Saturday fired head coach Dave Joerger after three seasons. The team made the playoffs all three years, including this past season when the Grizzlies used an NBA-record 28 players due to multiple injuries.

Memphis Economist: 'I Don’t Believe in National Economies Anymore'

The day after Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Randy Boyd met with officials in Shanghai as part of an economic development trip to Asia, Michael Drury shared with an audience of business professionals his idea about national economies.

Brooks Renovation Shines on Overton's Busy Weekend

The temporary metal barriers on the Overton Park Greensward are where those parking on the Greensward to attend the Memphis Zoo meet those protesting the parking on the Greensward.

Raleigh Mall Demolition Signals Change After Delays

The crowd of several hundred people on the south end of the Raleigh Springs Mall Saturday, May 7, was larger than the crowd inside the mall to shop.

Wright Medical Group Reports Quarterly Loss, Strong Outlook

Wright Medical Group N.V. turned in a net loss of $39.3 million for the first quarter of 2016, though the company said the quarter was a strong one overall in each of its three business areas.

THE MEMPHIS NEWS

Massacre: 1866 and the Battles Over How Memphis History is Told

At the end of March with much secrecy, Rev. Keith Norman took delivery and responsibility for a large, heavy crate that stayed in his office for the next month.

Editorial: Telling the Whole Truth Against All Odds

Have you ever heard of Samuel Allen McElwee, Isham Franklin Norris or Monroe W. Gooden?

May 6-12: This Week in Memphis History

1986: Kroger buys 5.7 acres of land for $2.9 million at the southeast corner of Mendenhall Road and Sanderlin Drive from the William B. Clark family. It will be the site of a new Kroger superstore. The Clark family sold an adjacent parcel, where an eight-story Garden Plaza hotel was already under construction, for $2.1 million the previous September.

LAST WEEK'S MOST POPULAR

$5.5 Billion Company Stakes Headquarters in Memphis

Three packaging companies are combining to create a $5.5 billion conglomerate that will locate its headquarters in Memphis.

Federal Regulators Close Memphis-Based Bank

Trust Co. Bank of Memphis has failed, with state and federal regulators announcing Friday, April 29, they had closed all four branches of the West Tennessee financial institution and arranged a purchase agreement to protect depositors.

Memphis Attorney Speaks for Tunsil After Startling NFL Draft

Although two quarterbacks – Jared Goff and Carson Wentz – were the first two players selected in last weeks’ NFL Draft, an Ole Miss offensive lineman and the 13th overall pick made most of the headlines.

Council Approves Overton Boundary Ordinance on First Reading

Memphis City Council members approved an ordinance Tuesday, May 3, on the first of three readings to set boundaries in Overton Park including the use of the park Greensward.

Crazy About Triathlons Or Just Crazy?

Nikki Balderson is a 38-year-old wife and mother of three young children – ages 2, 5 and 7. So if you want to make her fit into a tidy little demographic profile, you can do that. From afar.

STATEWIDE

Clinton Voices Support for UAW at Tennessee Volkswagen Plant

NASHVILLE, Tenn. (AP) – Democratic presidential candidate Hillary Clinton is taking to Twitter to voice support for the United Auto Workers union at Volkswagen's lone U.S. plant in Tennessee.

LGBT Community Braces for Impact of New Counseling Law

NASHVILLE, Tenn. (AP) – Roddy Biggs was 13 and depressed, and had been seeing a therapist for six months before he revealed something he had denied even to himself: He was gay.

NATIONAL BUSINESS

Hiring Slowdown in April May Signal Caution About US Economy

WASHINGTON (AP) – American employers signaled their caution about a sluggish economy by slowing their pace of hiring in April after months of robust job growth.

US Airlines Enlist Travelers in Effort to Cut Security Lines

NEW YORK (AP) – U.S. airlines have been pressing the government to act to reduce the intolerably long security lines at the nation's airports. Now, they're even asking passengers for help by sharing their frustration on social media.

TECHNOLOGY

Marchionne: Self-Driving Cars Could Be on Roads in 5 Years

WINDSOR, Ontario (AP) – Fiat Chrysler CEO Sergio Marchionne says working with Google convinced him that self-driving technology is closer than he thought and could be on the road in five years.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 92 374 12,495
MORTGAGES 109 432 14,525
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 160 680 26,098
BANKRUPTCIES 53 218 8,378
BUSINESS LICENSES 24 99 4,212
UTILITY CONNECTIONS 40 230 9,191
MARRIAGE LICENSES 11 49 3,055

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