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VOL. 131 | NO. 119 | Wednesday, June 15, 2016

ServiceMaster Tax Incentive Package Approved

The Center City Revenue Finance Corp. approved a tax incentive package Tuesday, June 14, to support ServiceMaster Global Holdings’ conversion of Peabody Place mall into a multimillion-dollar headquarters.

Loflin Yard Serves Up Heap of Changes

Loflin Yard, the Downtown bar, restaurant and entertainment space that opened two months ago, is adding to its offerings.

Donors Providing $12 Million To Light Mississippi River Bridges

With the Big River Crossing on the north side of the Harahan Bridge moving toward a fall opening, the city of Memphis has reached an agreement with a group of anonymous donors for the lighting of the bridge by the Oct. 22 opening of the pedestrian and bicycle boardwalk.

My Town Miracles Helping Those in Need, One Family at a Time

Noel Fenderson, one of the founders of My Town Miracles, tells a story from Mark Allen, the group’s growth marketing secretary.

Last Word: ServiceMaster Details, Loflin Yard Changes and Bridge Lighting

The ServiceMaster local incentives for the new Peabody Place headquarters have cleared the first hurdle.

Local Weather
Currently
Memphis, TN
34.0°F
Fair
Wind: Calm mph
Humidity: 82%

EVENTS

Tenth annual Belvedere Chamber Music Festival will take place Wednesday through Saturday, June 15-18, at Grace-St. Luke’s Episcopal Church, 1720 Peabody Ave. Concerts start at 7:30 each night; Thursday will also include a 3 p.m. concert. Visit belvederefestival.org for details.

more events »

American Studio Hit-Maker Moman Dies

He found the old South Memphis movie theater that became Stax Records. He recorded more than 100 hit records for numerous record labels in a 10-year period in a nondescript building at Danny Thomas Boulevard and Chelsea Avenue.

SPORTS

7 Memphis-Area Players From 2013 High School Class Taken in MLB Draft

University of Memphis baseball coach Daron Schoenrock knew how good the area’s 2013 high school class was. But even he couldn’t have predicted that in the 2016 MLB Draft, seven Memphis-area players, including four who were teammates at Southaven High School, would be selected.

MEMPHIS NEWSMAKERS

SRVS' Saulsberry Honored for Her Work

Wendy Saulsberry is one of two recipients of the 2016 Direct Support Professional of the Year for Tennessee by the American Network of Community Options and Resources. Saulsberry is a direct support professional for SRVS, a United Way agency that supports more than 1,200 children and adults with disabilities.

LOCAL COLUMNISTS

The Memphis CEO Challenge

We have all heard the sentiment that successful CEOs must spend sufficient time focused “on the business,” not just operating “in the business.” As CEOs, we often get so far into the weeds of operating our respective businesses that we rarely take a concerted step back to think strategically about the direction of our companies.

How to Make a Big Move

With the summer here, you may be planning a fun vacation. That vacation to visit a faraway, relaxing location can leave you dreaming of moving to a new place. The further along you are in your career, the trickier moving can feel. At times, it’s hard to know where to even begin.

STATEWIDE

State: Hunter Industrial Moving New Operations to Nashville

NASHVILLE, Tenn. (AP) – Tennessee Department of Economic and Community Development Commissioner Randy Boyd has announced that Hunter Industrial, a division of the Hunter Fan Co., is opening new operations in Nashville.

NATIONAL BUSINESS

Martha Stewart Gets Into Meal Kit Business

NEW YORK (AP) – Cooking like Martha Stewart is about to get easier.

US ECONOMY

US Business Inventories Edged Up in April

WASHINGTON (AP) – Stockpiles held by U.S. businesses edged up slightly in April, while sales jumped by the largest amount in two months.

Rising US Retail Sales Offer Relief After Weak Jobs Report

WASHINGTON (AP) – Despite a hiring slump, American consumers remain confident about spending – a reassuring sign for the U.S economy.

FINANCIAL

Florida Bank Issues First US Credit Card for Use in Cuba

HAVANA (AP) – A small Florida bank will issue the first U.S. credit card intended for use in Cuba and make it easier for Americans to travel and work on an island largely cut off from the U.S. financial system, the bank announced Tuesday.

TECHNOLOGY

Court Upholds Net Neutrality Rules on Equal Internet Access

WASHINGTON (AP) – In a big win for the Obama administration, a federal appeals court on Tuesday upheld the government's "net neutrality" rules that require internet providers to treat all web traffic equally.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 55 55 20,821
MORTGAGES 44 44 24,405
FORECLOSURE NOTICES 0 0 8,610
BUILDING PERMITS 0 0 42,337
BANKRUPTCIES 51 51 13,953
BUSINESS LICENSES 22 22 6,423
UTILITY CONNECTIONS 0 0 13,511
MARRIAGE LICENSES 23 23 5,092

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