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VOL. 130 | NO. 112 | Wednesday, June 10, 2015

H&M to Join Tanger Outlets Lineup

H&M, Hennes & Mauritz AB, has signed a lease for 26,000 square feet at the Tanger Outlets development in Southaven.

Memphis' Tallest Building Faces June 24 Utility Cutoff

The owner of the skyscraper at 100 N. Main St., the city’s tallest office building, has two weeks to pay the delinquent balance on the Memphis Light, Gas and Water Division bill before utilities will be disconnected, a move that would catch a popular Downtown restaurant in the crossfire, according to a an executive at the publicly owned utility.

MAA Outgrowing Its East Memphis Headquarters

MAA has tapped Cushman & Wakefield/Commercial Advisors to explore its long-term corporate office needs.

Plans for Old Dominick Distillery Move Forward

D. Canale & Co. is moving forward with plans to build a $5 million distillery on Front Street Downtown.

Collierville Commits

Town leaders approve 20-cent property tax hike to build school

Right after the Collierville Board of Mayor and Aldermen voted Monday, June 8, to raise the town’s property tax rate by 20 cents, a flash of lightning flared outside the town hall chamber’s windows.

Local Weather
Currently
Memphis, TN
43.0°F
Fair
Wind: Northwest at 10.4 mph
Humidity: 71%

EVENTS

The Booksellers at Laurelwood will host the Boldly Bookish YA Tour Wednesday, June 10, at 6:30 p.m. at the bookstore, 387 Perkins Road Extended. Meet four of Bloomsbury Publishing’s breakout YA authors Visit thebooksellersatlaurelwood.com.

more events »

Crews Center Hosts Social Innovation Summer Camp

The Crews Center for Entrepreneurship at the University of Memphis currently is a hub for social entrepreneurs.

FedEx Boosts Dividend by 25 Percent

FedEx Corp. is increasing its quarterly dividend by 25 percent as it inches closer to completing a deal that would make it one of the largest international package deliverers in Europe.

One Beale Faces Questions About Riverside Impact

When the One Beale luxury high-rise project goes to the Land Use Control Board Thursday, June 11, there will be opposition, concerns and questions about its impact on surrounding properties at Memphis’ riverside.

Frayser Community Fair Scheduled for Saturday

NeighborWorks America’s national NeighborWorks Week puts redevelopment, empowerment and civic pride at center stage with a variety of events, including a Frayser community fair this Saturday.

NEWSMAKERS

Browne Named RISE Foundation Board Chair

Terri Browne, chief people officer for Sedgwick Claims Management Services Inc., has been named board chair of the nonprofit RISE Foundation, which seeks to improve the lives of low-income working Memphians through financial literacy.

LOCAL COLUMNISTS

Dashboards Drive Business Performance

Numerous studies support the fact that companies that excel at aligning their marketing and sales efforts enjoy significantly higher revenue growth. A best-in-class strategy for creating such cohesion is the regular development of a business dashboard.

Mr. Market Raises Rates

While the Fed deliberates over short-term interest rate policy, Mr. Market has acted and raised long-term rates.

STATE GOVERNMENT

Haslam Calls on Locals to Influence 'Changing Legislature'

NASHVILLE, Tenn. (AP) – Gov. Bill Haslam on Tuesday issued an appeal to officials from Tennessee cities and towns to help influence what he described as a "changing" state Legislature less concerned with the interests of traditional institutions.

TBI Study Sheds Light on Domestic Violence in Tennessee

NASHVILLE, Tenn. (AP) – A recent study by the Tennessee Bureau of Investigation shows domestic violence resulted in 270 murder victims in Tennessee from 2012 to 2014.

NATIONAL BUSINESS

Airline Group Suggests Smaller Carry-On Bags to Free Up Bins

NEW YORK (AP) – Millions of fliers might soon want to buy new carry-on suitcases.

Number of US Job Openings Jumped to a 15-Year High in April

WASHINGTON (AP) – U.S. employers advertised the most open jobs in April than at any time in the 15 years that the government has tracked the data, a sign that this year's steady hiring will likely continue.

TECHNOLOGY

Apple Music Brings Change to Streaming, But Is It Enough?

When Apple launches its Apple Music streaming service at the end of June, it will affect things big and small in the music industry.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 344 19,573
MORTGAGES 110 422 22,914
FORECLOSURE NOTICES 2 8,305 8,305
BUILDING PERMITS 207 838 40,029
BANKRUPTCIES 60 356 13,104
BUSINESS LICENSES 21 194 6,137
UTILITY CONNECTIONS 30 147 12,996
MARRIAGE LICENSES 15 65 4,842

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