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VOL. 132 | NO. 115 | Friday, June 9, 2017

Explore Bike Share Launching 600-Bike System in Memphis

Getting around in Memphis is about to get a whole lot easier, as Explore Bike Share has announced an agreement with B-Cycle to bring a 600-bike system to the Bluff City.

3-Attorney Panel to Review Mackin's Allegations Against Shelby County Schools

A panel of three attorneys, including former U.S. Attorney Ed Stanton are investigating allegations of a cover-up, sexual harassment, theft and widespread grade tampering made last week by former Trezevant High School principal Ronnie Mackin.

Luttrell, Commission Working Out Details of 3-Cent Property Tax Cut

Shelby County Commissioners have talked for several years about cutting the county’s property tax rate. But it’s never been more than talk and never had close to the seven votes necessary to drop the tax rate.

Overton Gateway Multifamily Project Rejected by Land Use Board

The Overton Gateway, a proposed multifamily development planned by Makowsky Ringel Greenberg LLC, has been rejected by the Land Use Control Board at its Thursday, June 8, meeting.

901 Comics Celebrating Its First Anniversary

Shannon Merritt and Jaime Wright were a little concerned. They’d just sunk $10,000 into a dream, opening their own comic book store, and they had no real idea if customers would follow. They couldn’t be sure they would survive with a printed product in an ever-increasing digital world.

Local Weather
Currently
Memphis, TN
77.0°F
A Few Clouds
Wind: Calm mph
Humidity: 74%

EVENTS

Our Own Voice Theatre Troupe will present “Unseen City,” written and directed by Alex Skitolsky with choreography by Kimberly Baker, Friday, June 9, through June 24 at 2085 Monroe Ave. Tickets (cash only) are $12 for adults and $10 for students and seniors. Call 901-274-1000 to make reservations; visit ourownvoice.org for more information.

more events »

Last Word: The Mackin Letter, A County Property Tax Cut and UrbanArts Responds

The Overton Gateway multi-family development on the eastern side of Overton Park looks to be the next development controversy heading for City Hall. The Land Use Control Board voted down the amended MRG plans Thursday that have drawn neighborhood opposition in both versions. The LUCB rejection doesn’t stop the project. It goes to the Memphis City Council at a date to be determined with a negative recommendation that certainly doesn’t do the project any favors.

Tennessee Brewery Developers Seek Incentives for Second Phase

The developers of the Tennessee Brewery project are seeking a 20-year tax abatement to begin construction on phase two of their Downtown Memphis mixed-use development.

Orpheum Raising Money to Fix Aging Organ

Next year, Memphis’ historic Orpheum Theatre will celebrate its 90th birthday. So will the venue’s Mighty Wurlitzer organ, a $19,000 instrument built in North Tonawanda, New York, and originally bought to play for vaudeville shows and silent movies.

Golden India Seeks New Location Near Square

The owners of Golden India restaurant in Overton Square want to move from their Madison Avenue storefront of 20 years to the site of a circa-1912 duplex on North Cooper Street where they intend to build a new restaurant.

Forum Shines Light on Rural Hospital Woes

President Donald Trump’s proposal to cut billions from Medicaid’s budget would have “serious implications” on rural Tennessee hospitals.

Lee Campaigns in Collierville After Nashville Fundraiser

The night after he raised $1.3 million in Nashville at the first major fundraiser in his bid for Tennessee governor, Bill Lee was in Collierville for a local Republican Party gathering, along with a few hopefuls in countywide races on the ballot earlier in 2018.

SPORTS

Redbirds’ Chad Huffman Grinding For a Return to Big Leagues

The Memphis Redbirds had just finished a Tuesday afternoon game at AutoZone Park. Wednesday was a cherished off day at home. It was a good time for a player to exit quickly, to get the most of the down time before coming back for the next game on Thursday night.

Memphis Hustle Just the Job for Glynn Cyprien

We can debate whether the Memphis Hustle is a good name or a bad name for the Grizzlies’ minor-league affiliate that will play in Southaven this season.

East is West but SEC Knows What’s Best

East is East and West is West – except where the Southeastern Conference is concerned.

Not a Very Good Year for UT Athletics

It hasn’t been the greatest of years for Tennessee sports. From football to basketball to baseball, and several sports in between, the Vols – for the most part – fell short in 2016-17.

THE TIPPING POINT

Van Cleef Supports Memphis Public Schools

A national study found that Memphis has the highest percentage of “disconnected youth” – people between the ages of 16 and 24 who are neither working nor in school – of any large U.S. city. While it’s possible to estimate what that costs taxpayers in lost productivity and social services, assessing the cost to an individual young person is much harder.

LOCAL COLUMNISTS

Cracking a Smile

ORIGINAL, UNIMPORTANT THOUGHTS. I’m on vacation, trying desperately not to think about anything important. I’ll be home next week – God willing and the Creek don’t rise. This week, I thought I’d share a bit of interesting trivia friends have passed along about origins of some of our common expressions.

Retirement Paychecks – Reversing the Flow

Ray’s Take Retirement planning doesn’t end when you stop working, and one of the biggest concerns for any retiree is running out of money. As you move into retirement, you move from the accumulation phase to the distribution phase of planning, and it has a lot of moving parts. Retirement is like a car trip, but there are no gas stations along the way. What you have in the tank is it.

STATEWIDE

Remains of World War II Soldier Returning Home to Tennessee

GREENEVILLE, Tenn. (AP) – The recently identified remains of a soldier killed in Europe during World War II are returning home to Tennessee.

REGIONAL NEWS

Tyson Foods Says Purchase of AdvancePierre Foods Completed

SPRINGDALE, Ark. (AP)Tyson Foods Inc. says its purchase of AdvancePierre Foods is now complete.

US ECONOMY

Claims for US Jobless Benefits Fall by 10,000 to 245,000

WASHINGTON (AP) – Fewer Americans applied for unemployment benefits last week as most U.S. workers continue to enjoy job security.

Average US 30-Year Mortgage Rate Falls to 3.89 Percent

WASHINGTON (AP) – Long-term U.S. mortgage rates fell this week, as the benchmark 30-year rate declined for the fourth straight week to its lowest level in nearly seven months.

NATIONAL BUSINESS

Nordstrom Family Considering Buyout of Department Store

NEW YORK (AP) – Members of the Nordstrom family including co-presidents Blake, Peter and Erik Nordstrom are considering making an offer to buy out the 70 percent of the department store's stock they don't already own.

How Verizon Hopes to Grab Digital Ad Dollars With Yahoo

NEW YORK (AP) – Verizon has a simple goal in buying Yahoo: It wants to challenge Google and Facebook in the huge and lucrative field of digital advertising. But Verizon faces its own challenge in doing so, given that it will be competing against a slew of other companies also looking to break in.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 312 16,192
MORTGAGES 0 293 18,685
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 655 33,126
BANKRUPTCIES 0 237 10,737
BUSINESS LICENSES 0 112 5,198
UTILITY CONNECTIONS 0 127 11,344
MARRIAGE LICENSES 0 94 3,867

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