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VOL. 132 | NO. 142 | Wednesday, July 19, 2017

After-School Job Not For Everyone

A reader recently wrote to me with an interesting question. He was seeking advice on how his teenage daughter might find an after-school job for her high school years. His logic makes sense. He wants her to learn discipline and to gain a work ethic. These are great qualities for a young student to develop. Although I respect this method of getting there, I also suggested an alternative path.

Memphis Music Initiative to Occupy Old Downtown Firehouse

Riverfront Concept Plan Emphasizes Connections, River Access

A pedestrian bridge between the southern tip of Mud Island and Riverside Drive, more pedestrian use of Riverside Drive, a pavilion at Tom Lee Park and greater access to the edge of the Mississippi River are among the elements of a riverfront concept plan outlined Tuesday, July 18, by a Chicago architecture and urban design firm.

Bartlett Shopping Center Sells for Nearly $30M

An Atlanta-based real estate investment firm has made its first purchase in the Memphis market with the acquisition of a 198,103-square-foot shopping center in the heart of Bartlett.

Monogram Foods Taps Vanness for Role as CIO

Memphis-based Monogram Foods has tapped a woman who joined the company in 2013 to fill a newly created position of chief information officer.

Local Weather
Currently
Memphis, TN
42.0°F
Fair
Wind: Northwest at 10.4 mph
Humidity: 53%

EVENTS

Talk Shoppe will meet Wednesday, July 19, from 9 a.m. to 10 a.m. in NovaCopy’s conference room, 7251 Appling Farms Parkway. Attorney Wis Laughlin will present “Learn About Owning an Airbnb – Including Important Tax Information.” Cost is free. Visit talkshoppe.com.

more events »

Political Differences Endure After $4.11 Shelby County Tax Rate Compromise

Shelby County commissioners were still calculating Monday, July 17, after they passed a compromised, $4.11 county property tax rate that appears will stay put long enough for the commission to take a final vote Wednesday at a special meeting.

Last Word: No Assumptions, Riverfront Concepts and A Tale of Two Teams

The “Midtown is Memphis” arch in Overton Square is no more. Vanished this week as the former Chiwawa is being converted to Indian Pass Raw Bar – for those of you new to Memphis, these are both restaurants – one former and the other future.

The Redbirds’ Dream Season is Not Being Duplicated in St. Louis

On Monday, July 17, in Oklahoma City, the Memphis Redbirds pulled off their third win in their last at-bat as Patrick Wisdom hit a ninth-inning home run in a 5-3 victory. It was their seventh straight win and their 15th in their last 17 games.

MEMPHIS NEWSMAKERS

Wood Helps Memphis National Keep Business in the Fairway

Brian Wood is head golf professional at Memphis National Golf Club, a role in which he oversees a variety of functions related to the club's operations. Wood, a PGA professional and member of the Tennessee Section of the PGA of America, previously served as assistant golf professional at Windyke Country Club.

LOCAL COLUMNISTS

Complacency is the No. 1 Business Killer

While the actual activities take on different forms, at the end of the day, I’ve come to the realization that I’m a change agent for companies dissatisfied with their current sales and marketing outcomes. I was taken back years ago by the clarity offered from an area CEO in this statement: “We can’t expect a different outcome if we aren’t willing to change what we’re doing.”

MEMPHIS AREA

Former Deputy Charged With Trying to Have Witness Killed

MEMPHIS, Tenn. (AP) – A former sheriff's deputy in Tennessee has been charged with asking someone to kill a witness in a federal case against him.

STATEWIDE

Judge Lifts Federal Oversight on Tennessee Children Services

NASHVILLE, Tenn. (AP) – After more than 16 years, the Tennessee Department of Children's Services is free of federal oversight from a 2001 settlement over its treatment of foster care children.

Last Duet: Kenny, Dolly Announce Final Performance Together

NASHVILLE, Tenn. (AP) – Two of country music's biggest stars, Kenny Rogers and Dolly Parton, whose onstage chemistry spawned hit duets like "Islands in the Stream" and "Real Love," will be making their final performance together this year.

Lawsuit: New TennCare Rates Endanger Hemophilia Patients

NASHVILLE, Tenn. (AP) – A Tennessee lawsuit claims the state is breaking federal law and endangering people with bleeding disorders like hemophilia by reimbursing less for prescription blood-clotting drugs through its Medicaid program.

Tennessee County Trustee Clerk Charged With $14K Theft

NASHVILLE, Tenn. (AP) – A former Tennessee county trustee's office clerk is facing charges of stealing more than $14,000 from property tax payments.

NATIONAL GOVERNMENT

'Let Obamacare Fail,' Trump Says After GOP Plan Collapses

WASHINGTON (AP) – President Donald Trump declared Tuesday it's time to "let Obamacare fail" after the latest GOP health care plan crashed and burned in the Senate, a stunning failure for the president, Republican leader Mitch McConnell and a party that has vowed for years to abolish the law.

FINANCIAL SERVICES

Wall Street's Goldman Sachs Moves Quietly Into Main Street

NEW YORK (AP) – More homeowner, less hedge fund titan. Goldman Sachs, long known for its super-rich clients and well-connected executives, is starting to act a lot more like a neighborhood bank.

Rising Interest Rates Boost Bank of America's Profits

NEW YORK (AP) – Consumer banking giant Bank of America reported a 10 percent rise in second-quarter profits on Tuesday as gains from higher interest rates were more than enough to offset a drop in trading revenue.

AUTO INDUSTRY

Daimler to Recall 3 Million Vehicles to Ease Diesel Doubts

FRANKFURT, Germany (AP) – German automaker Daimler will voluntarily recall 3 million Mercedes-Benz brand cars with diesel engines in Europe to improve their emissions performance, the company said Tuesday, in the wake of widespread public debate over the future of diesel.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 115 270 19,843
MORTGAGES 141 311 23,225
FORECLOSURE NOTICES 35 83 8,387
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 74 196 13,300
BUSINESS LICENSES 25 48 6,185
UTILITY CONNECTIONS 40 125 13,120
MARRIAGE LICENSES 15 73 4,915

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