VOL. 132 | NO. 118 | Wednesday, June 14, 2017
Shelby County Commissioners approved a 3-cent reduction in the county property tax rate Monday, June 12, on the first of three readings but delayed a vote on the operating budget resolution for more discussion about how to account for the tax-rate cut.
Shareholders of Pinnacle Financial Partners and BNC Bancorp have both approved a $1.9 billion merger of the two banks, which is expected to close soon.
REAL ESTATE & DEVELOPMENT
A solid spring has sown the seeds for an even better summer as the red-hot Memphis area real estate market enters its busiest time of the year.
Sam Goff, vice president of Independent Bank’s mortgage division, got two new contracts in place for homebuyers over the weekend, which gave him an upbeat start to the week.
One of the two federal court lawsuits alleging illegal police surveillance of protesters by Memphis Police has been dropped. It is the lawsuit filed by “Fight for $15” activists and that campaign’s Mid-South Organizing Committee. It comes with something for both sides. The city still denies illegal surveillance of protesters. And the activists get a settlement letter that states police will not conduct surveillance on three of the activists by name, without probable cause. The lawsuit was dismissed this week by federal judge Sheryl Lipman without prejudice meaning it could be refiled.
President Donald Trump has nominated District Attorney General Mike Dunavant of Tipton County as the new U.S. attorney for West Tennessee. And he could be close to nominating a new federal district judge for West Tennessee as well.
RedRover Sales & Marketing has added three new employees in recent months, including design architect Will Cook, who has more than 10 years of graphic design experience and comes to RedRover from The Commercial Appeal and Savant Learning Systems. In his new role, Cook primarily designs print and web collateral for RedRover’s clients while also assisting the sales and marketing teams in other ways, including participating in sales meetings and calls.
I recently had the opportunity to travel to Austin, Texas, to meet a number of folks who work at the job website Indeed.com. If you’ve looked for a job in the last 10 years, there’s a good chance you’ve visited Indeed.
Editor's Note: This is the second in a two-part series. LinkedIn is one of the few social platforms that still allows your network to see your organic, unpaid content. It also is the single largest social platform focused exclusively on the business sector. So, if all you use it for is accepting the occasional connection request, it’s time to stop playing and get serious.
MEMPHIS, Tenn. (AP) – Activists pushing for higher wages at fast-food restaurants have settled a lawsuit that claimed police in Memphis, Tennessee, threatened protesters with arrest and followed labor organizers home after meetings.
CROSSVILLE, Tenn. (AP) – A more than $100 million wind farm project in Tennessee has been put on hold after state lawmakers passed a yearlong moratorium on new turbines being installed in the state.
NASHVILLE, Tenn. (AP) – Tennessee has improved three spots to rank 35th in overall child well-being, according to a new report released Tuesday.
NASHVILLE, Tenn. (AP) – A federal appeals court will hear oral arguments in August in a case aimed at nullifying a vote on a Tennessee constitutional amendment that allows more abortion restrictions.
NASHVILLE, Tenn. (AP) – Gov. Bill Haslam says his administration's legal team is very confident about the constitutionality of a new law that lets judges toughen sentences for defendants in the country illegally at the time of their crimes.
NASHVILLE, Tenn. (AP) – A new lawsuit invokes the plight of a baby born dependent on opioid drugs, as three Tennessee prosecutors and the baby's guardian accuse several drug manufacturers of unleashing an epidemic through deceptive marketing that downplayed the risks of addiction to painkillers.
WASHINGTON (AP) – In the United States and around the world, economic strength isn't what it used to be. But everything is relative.
SAN FRANCISCO (AP) – Verizon has taken over Yahoo, completing a $4.5 billion deal that will usher in a new management team to attempt to wring more advertising revenue from one of the internet's best-known brands.
CHICAGO (AP) – It sounds futuristic: drones carrying heart defibrillators swooping in to help bystanders revive people stricken by cardiac arrest.