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VOL. 131 | NO. 144 | Wednesday, July 20, 2016

City Council Approves Overton Park Compromise

Memphis City Council members unanimously approved Tuesday, July 19, the plan to create 415 new parking places for the Memphis Zoo at its front entrance and end zoo overflow parking on the Overton Park Greensward by January 2019.

Funds Rolling In for 8th Congressional District Race

Five of the six major contenders in the Republican primary for the 8th Congressional District raised a total of $1.8 million from Jan. 1 to June 30 going into the critical last month of the campaign.

Appeals Court Overturns Conviction of Former Southaven Mayor

JACKSON, Miss. (AP) – Former Southaven Mayor Greg Davis will get a new trial on embezzlement charges.

New Center to Capitalize on Strong Retail Demand

The shopping center at 6450 Poplar Ave. is fully constructed with tenants opening as soon as next month.

Last Word: Greg Davis Gets A New Trial, Overton Park Compromise Done and Tesla

The one-time mayor of Southaven is getting a new trial on embezzlement charges.

Local Weather
Currently
Memphis, TN
89.0°F
Partly Cloudy
Wind: South at 13.8 mph
Humidity: 61%

EVENTS

Memphis Metropolitan Planning Organization will hold two public meetings Wednesday, July 20, to present short-term investments for multimodal projects in the Memphis metropolitan planning area. The meeting will take place at MATA Central Station, 545 S. Main St., from noon to 1 p.m. and at Bartlett City Hall, 6400 Stage Road, from 5:30 p.m. to 6:30 p.m. Email pragati.srivastava@memphistn.gov for more information. 

more events »

Threlkeld Says Metropolitan Bank Going Back In Time With New Advisory Service

A conversation with Metropolitan Bank executives about a new business advisory platform the 9-year-old bank has just launched quickly turned into a talk about how much of a commodity business banking has become.

Snapshot: Rock ’N’ Soul Puts Album Covers in Your Face

An original 1970 mock-up of the iconic Rolling Stones “Tongue and Lip Design” logo by John Pasche is among the dozens of pieces of original album artwork currently on display at the Memphis Rock ’n’ Soul Museum. (Daily News/Andrew J. Breig)

MEMPHIS NEWSMAKERS

UTHSC Names Storgion Chair Of Physician Assistant Studies

Dr. Stephanie Storgion has been named chair of the department of physician assistant studies at the University of Tennessee Health Science Center. Storgion’s appointment comes as the department moves to the College of Medicine from the College of Health Professions, where it started two years ago. 

LOCAL COLUMNISTS

Would You Work for Free?

Last week, I had the good fortune to attend a work conference in Chicago. It wasn’t your average work conference though. Attendees wanted to be there. In fact, their companies didn’t pay for them to go. Attendees paid their own way. And they went to all of the workshops offered – even at the end, when everyone was tired.

Mapping the DNA of High-Performing Sales Talent

Sales linguistic expert Steve W. Martin reveals, in the Harvard Business Review, the results of a fascinating study of the commonalities present in high-performance salespeople. His findings are the result of extensive analysis of more than 1,000 salespeople across the country. Those achieving 125 percent of their prior-year sales goal were considered high achievers, and it’s their common traits that give us insight into both the attributes to seek in the hiring process and the qualities to nurture on the job.

STATEWIDE

Costs of Title IX Lawsuit to Univ. of Tennessee Surpass $3M

KNOXVILLE, Tenn. (AP) – The costs of attorney fees and the settlement of a Title IX lawsuit to the University of Tennessee have grown to more than $3 million.

FINANCIAL

Comerica Says It Will Cut Almost 800 Jobs, Close 40 Banks

NEW YORK (AP) – Comerica said Tuesday it will cut close to 800 jobs and close 40 banks to cut costs. The regional bank also reported a bigger quarterly profit than analysts expected.

EDUCATION

Miss America Plans Education Scholarship for Past Winners

ATLANTIC CITY, N.J. (AP) – There she is: Miss America, on her way back to school.

AUTO INDUSTRY

DOT Secretary Wants More Rigorous Reviews of Robotic Cars

SAN FRANCISCO (AP) – U.S. Transportation Secretary Anthony Foxx says he wants government regulators and the auto industry to work more closely together to test self-driving technology before people entrust their vehicle's steering and brakes to a robot.

Plans for Self-Driving Cars Have Pitfall: The Human Brain

WASHINGTON (AP) – Experts say the development of self-driving cars over the coming decade depends on an unreliable assumption by many automakers: that the humans in them will be ready to step in and take control if the car's systems fail.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 119 482 10,051
MORTGAGES 119 497 11,811
FORECLOSURE NOTICES 29 82 1,716
BUILDING PERMITS 268 1,056 21,366
BANKRUPTCIES 50 263 6,700
BUSINESS LICENSES 28 151 3,584
UTILITY CONNECTIONS 33 172 4,155
MARRIAGE LICENSES 20 111 2,290

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