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VOL. 132 | NO. 135 | Monday, July 10, 2017

Peaceful Bridge Anniversary Protests Draw Moving Police Presence

A heavy but moving and shifting Memphis Police presence responded Sunday, July 9, to a set of peaceful protests and gatherings on the first anniversary of the protest that shut down the Hernando DeSoto Bridge across the Mississippi River.

The Week Ahead: July 10-16

Hello, Memphis! This week, a supercentenarian World War II veteran visits the Bluff City, a classic film flies into the Orpheum, and a piece of the Downtown skyline hits the auction block again. Check out what else you need to know about in The Week Ahead...

Memphis, Other Secondary Markets Poised for Industrial Growth

When it comes to logistics, the primary distribution center markets like Atlanta, Chicago and Los Angeles have led the way in terms of warehouse development. But as more companies look to tighten their supply chain, secondary markets – including Memphis; Louisville, Kentucky; and Cleveland, Ohio – have found themselves in a better position to absorb growth.

Sports Notebook: Grizz Moves Bring Tyreke Evans Back to Memphis

The Memphis Grizzlies continued changing their roster for the upcoming season by agreeing to a one-year contract with free agent guard Tyreke Evans.

Last Word: Rumors, The Return of Tyreke Evans and Broadband in Millington

There is a popular saying attributed to Winston Churchill that goes like this: “A lie gets halfway around the world before the truth has a chance to get its pants on.” Even before social media, that was certainly the case in this part of the world called Memphis. The part of our history that doesn’t fit in books is littered with rumors that turned the city upside down in a much shorter period of time than it took to repair the damage done. That is what happened this weekend with Memphis Light Gas and Water.

Local Weather
Currently
Memphis, TN
42.0°F
Mostly Cloudy
Wind: Variable at 4.6 mph
Humidity: 55%

EVENTS

The Bartlett Area Chamber will hold its monthly lunch meeting Tuesday, July 11, from 11:30 a.m. to 1 p.m. at Unique Catering & Event Center, 2751 Bartlett Blvd. Guest speaker Mark Yoshida, partner/production director at Memphis Record Pressing, will present “Pressing for Success: How a Bartlett company took an old process and created a new opportunity.” Tickets are $20. RSVP at bartlettchamber.org by Monday, July 10.

more events »

City Plan Closes Retirement Gap for Sanitation Workers, Keeps Social Security

Over nearly four decades, different city council and mayors have grappled with a legacy of the 1968 sanitation workers strike.

Patterson Resignation Comes as Council Examines DMC’s Role

Terence Patterson exited the Downtown Memphis Commission last week as the Memphis City Council is about to discuss replacing or restructuring not only the DMC, but the Riverfront Development Corp.

Memphis Researchers Planning Big Upgrades to Online Genetics Database

A pair of scientists in Memphis is using almost $2 million in grant money to make improvements to an online database and open-source software system called GeneNetwork, used by researchers to study genetic differences and evaluate disease risk.

Health Insurance Carriers Seek Higher Rates in Tennessee

The Tennessee Department of Commerce and Insurance has released the insurance rates requested by carriers offering coverage on the Federally Facilitated Marketplace ahead of open enrollment for 2018.

THE MEMPHIS NEWS

Need For Speed

Broadband growth in rural areas critical for education, economic growth

Access to high-speed broadband is a growing issue in Tennessee as technological advances in business and education become more digitally based. For the rural areas around Memphis and across the state, it is becoming a matter of disparity both on the workforce-training front and in classrooms. And the two are inextricably linked.

Editorial: Building Broadband Access Tough, Necessary

Tennessee should have a broadband network that can handle the pent-up demand we all have for this kind of access, whether we are rural, urban or suburban Tennesseans.

July 7-13, 2017: This week in Memphis history

1984: Armadillo Jack’s, a restaurant, opened in the Beale Street Landing building at Beale Street and Riverside Drive. The opening features armadillo races.

LAST WEEK'S MOST POPULAR

Owners Invest $1.6 Million to Revive Memphis National Golf Club

A golf club is not unlike a garden. It needs tending. Fairways, greens, bunkers – they all need attention. But so do the members, who have many choices throughout the Memphis area and want to feel like their presence matters no matter how low – or high – of a score they shoot.

Thomas & Betts Moving Corporate Headquarters

Thomas & Betts Corp. has chosen a new location for its corporate headquarters. The Memphis-based electrical component manufacturer is moving from Southwind to ServiceMaster Global Holdings' current space at 860 Ridge Lake Blvd. in Ridgeway Center. ServiceMaster is vacating the East Memphis property for its new headquarters Downtown.

Fairgrounds Movement Triggers Liberty Bowl Questions

For a prime piece of real estate that is supposed to be in a holding pattern, there is a lot of recent activity on and about the Mid-South Fairgrounds. And even when Liberty Bowl Memorial Stadium isn’t the immediate topic, it is an undeniable presence.

Shelby Farms Boutique Hotel; Midtown Gated Community on Latest LUCB Agenda

Two proposed developments in two of the city’s high-profile areas – a 130-room boutique hotel near Shelby Farms and a new gated community in Midtown – will headline the Land Use Control Board’s Aug. 10 agenda.

Patterson Out as DMC Head, Oswalt Is Interim Leader

Terence Patterson is leaving as president and CEO of the Downtown Memphis Commission effective immediately.

STATEWIDE

Tennessee Congressman Defends Paying Salary to Felon Son

KNOXVILLE, Tenn. (AP) – A Tennessee congressman says there was nothing improper about paying his son $300,000 for campaign work in the years after the younger man pleaded guilty to misconduct in office.

Dunavant Elected President of Tennessee Prosecutors Group

COVINGTON, Tenn. (AP) – Prosecutor Mike Dunavant has been elected president of the Tennessee District Attorneys General Conference.

REGIONAL NEWS

Arkansas Panel Allows Temporary Herbicide Ban to Go Forward

LITTLE ROCK, Ark. (AP) – Arkansas lawmakers are allowing a temporary ban on an herbicide that's prompted hundreds of complaints from farmers to take effect next week.

Mississippi's Largest Solar Facility Begins Generating Power

SUMRALL, Miss. (AP) – Mississippi's largest solar power installation is now making electricity.

US ECONOMY

Federal Reserve Tells Congress Further Rate Hikes on the Way

WASHINGTON (AP) – The Federal Reserve said Friday it expects the U.S. economy will strengthen and warrant further gradual increases in its key interest rate.

Hiring Surged Last Month in a Sign of US Economic Vitality

WASHINGTON (AP) – Hiring surged in June in a surprising show of U.S. economic vitality eight years into the recovery from the Great Recession. Pay gains remain weak, though, a stark reminder of one of the economy's key shortcomings.

NATIONAL BUSINESS

Struggling Department Store Chain Sears Closing More Stores

NEW YORK (AP) – Struggling department store chain Sears says it's closing even more stores as it tries to turn around its business.

MEDICAL NEWS

FDA Approves First New Drug in 20 Years for Sickle Cell

The U.S. Food and Drug Administration has approved the first drug in nearly 20 years for sickle cell, an inherited disease in which abnormally shaped red blood cells can't properly carry oxygen throughout the body, which can cause severe pain and organ damage.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 393 21,159
MORTGAGES 94 424 24,785
FORECLOSURE NOTICES 0 93 8,703
BUILDING PERMITS 173 1,010 43,347
BANKRUPTCIES 52 292 14,194
BUSINESS LICENSES 15 90 6,491
UTILITY CONNECTIONS 28 167 13,678
MARRIAGE LICENSES 12 89 5,158

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