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VOL. 131 | NO. 120 | Thursday, June 16, 2016

ServiceMaster Lands EDGE Incentive Package

The final piece of ServiceMaster’s local incentive package fell into place Wednesday, June 15, at a Memphis-Shelby County Economic Development Growth Engine board meeting.

Haizlip Studio Lands U of M Bridge Project

Memphis-based Haizlip Studio has been chosen as the architect of record for the University of Memphis’ $33 million land bridge and parking garage at Southern Avenue and Echles Street.

Commission Puts Together Schools Funding Compromise

Shelby County Commissioners cobbled together a fragile plan Wednesday, June 15, to fully fund the Shelby County Schools system’s budget request, closing a $27.4 million budget gap with county government funding.

Parking Was Key in ServiceMaster Deal

Parking concerns for ServiceMaster Global Holdings’ move to Downtown Memphis have been resolved.

New Big Brothers Big Sisters Leader Has Big Goals for Little Memphians

Early in her life, Rychetta Watkins learned there is more than one way to help people. Next week, she will start work as executive director of Big Brothers Big Sisters of the Mid-South Inc.

Local Weather
Currently
Memphis, TN
75.0°F
Overcast
Wind: South at 10.4 mph
Humidity: 46%

EVENTS

Memphis Area Transit Authority will celebrate “Dump the Pump Day” by giving away door prizes on Thursday, June 16, from noon to 2 p.m. at the William Hudson Transit Center, 444 N. Main St. Dump the Pump Day is the American Public Transit Association’s national initiative encouraging travelers to leave their cars at home and take public transit. Visit matatransit.com.

more events »

Last Word: The Fragile Compromise, Late by Train and NY Times on Chips Moman

It looks like there is a deal to fully fund the Shelby County Schools system’s budget. But don’t look at the deal too long because it is very fragile.

Banc3 Touts Niche, Inks Its First Acquisition

The way longtime Memphis banking executive Frank Cianciola thinks a community bank ought to organize itself and how it should be run in today’s bank climate is right there in his new company’s name.

State Attorney General Says Changes in Judicial Selection Have Added Stability

Of the state’s 29 appellate court judges, 14 of them have been appointed during the tenure of Tennessee Gov. Bill Haslam.

Greenline Extension Has Formal Opening Thursday

The 4.15-mile eastward extension of the Shelby Farms Greenline is already being used even before the work pushes across Germantown Parkway to the old Cordova train depot.

REAL ESTATE RECAP

Collierville FedEx Center Getting $12.7 Million Renovation

3860 S. Forest Hill-Irene Road, Collierville, TN 38125, Permit Amount: $12.7 million, -

LOCAL COLUMNISTS

The Horse Race That (Thankfully) Never Happened

There I was, cranking out another story, minding my own business, of course, when the phone rang.

Finding Baseball Heaven in Iowa

Driving the two-lane road northeast out of Dyersville, Iowa, it wasn’t hard to hide our intentions from the 9-year-old boy in the backseat.

Brush With Death Recalled, Part 2

In February 2002 – when I reconnected with my friend Cotton and reminisced about his indigestion-turned-heart-attack from 20 years earlier – I had nothing to connect that up with. Thus, the memory receded into my personal unconscious.

STATEWIDE

Haslam Still Not Prepared to Endorse Trump Following Meeting

NASHVILLE, Tenn. (AP) – Tennessee Gov. Bill Haslam still isn't ready to endorse Donald Trump following a New York meeting he helped organize with the presumptive Republican presidential nominee.

Nashville Schools Vote to Sue State Over Education Funding

NASHVILLE, Tenn. (AP) – The Metropolitan Nashville Public Schools board has voted to sue Tennessee for a greater share in education funding.

US ECONOMY

Fed Leaves Rates Unchanged; No Hint on Timing of Next Hike

WASHINGTON (AP) – The Federal Reserve is keeping interest rates unchanged in light of an uncertain job market and offering no hints of when its next rate hike might occur.

NATIONAL BUSINESS

Home Depot: US Credit Card Firms Slow to Upgrade Security

ATLANTA (AP) – Visa and MasterCard are using security measures prone to fraud, putting retailers and customers at risk of thieves, The Home Depot Inc. says in a new federal lawsuit.

HEALTH CARE

Spiraling Drug Costs Prompt Call for Major Medicare Changes

WASHINGTON (AP) – Calling the rising cost of drugs "unsustainable," congressional advisers on Wednesday recommended major changes to Medicare's popular outpatient prescription program, now 10 years old.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 31 327 17,870
MORTGAGES 49 409 20,835
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 129 800 36,616
BANKRUPTCIES 51 243 11,925
BUSINESS LICENSES 21 117 5,677
UTILITY CONNECTIONS 41 215 12,248
MARRIAGE LICENSES 29 121 4,478

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