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VOL. 131 | NO. 164 | Wednesday, August 17, 2016

‘Difficult Year’ Leads To One Beale Delay

The pair of skyscrapers meant for the corner of Beale Street and Riverside Drive have hit a few roadblocks, but Chase Carlisle hopes that construction will begin on the One Beale project within a year.

Fed Numbers Show Memphis-Based Banks Getting Bigger, More Profitable

A lingering story among banks based in Memphis is that the biggest banks keep getting bigger. And new figures from the Federal Reserve Bank of St. Louis show that trend continued uninterrupted in the second quarter.

DeafConnect Gets New Director, Website

A local nonprofit dedicated to deaf, deaf-blind and hard of hearing resources, is welcoming some big changes this month with a new executive director and a fresh website platform.

Police Separate Elvis Fans From Protesters

The latest Black Lives Matter movement protest included a show of force by Memphis Police that included plenty of questions about how police functioned as gatekeepers for Graceland’s annual candlelight vigil.

Last Word: One Beale Delay, Memphis Banks and The Other Anniversary

Changing the city’s skyline comes with some challenges. That’s a reflection of ever-changing economic conditions and the terrain by the Mississippi River on which the city’s skyline is built.

Local Weather
Currently
Memphis, TN
65.0°F
Mostly Cloudy
Wind: South at 9.2 mph
Humidity: 68%

EVENTS

Tennessee Small Business Development Center will host a workshop on how to get started in government contracting Thursday, Aug. 18, from 9 a.m. to 11 a.m. at the Renaissance Business Center, 555 Beale St. Learn about getting started in government contracting, types of contracts awarded, how to get one-on-one assistance and more. Cost is free; registration required. Visit tsbdc.org/training for details.

more events »

Sports Notebook: Norvell and Tigers Making Mark in Recruiting

One spot behind Wisconsin and just ahead of Kentucky, 44th nationally. That’s where scout.com has the University of Memphis in its recruiting rankings for the class of 2017. Maybe even more telling is that first-year Tigers coach Mike Norvell and his staff aren’t that far behind Texas (40th) or Oregon (35th) or Ole Miss (31st).

MEMPHIS NEWSMAKERS

Westminster Names Sparks Head of Upper School

Amanda Sparks has joined Westminster Academy as the head of upper school for the 2016-17 school year. Sparks, who previously was principal of Haw River Christian Academy in Pittsboro, N.C., will lead the upper school faculty and staff in providing classical academics and a Christian culture for grades 7-12.

LOCAL COLUMNISTS

Olympics Lesson: Age Is Just a Number

Our age can be a big concern, especially if we’re looking for a job. Of the job seekers I speak to, approximately 25 percent of them have real concerns about their growing age. Questions include: Is it too late to change career paths? Is it too risky to look for another job? Will a hiring manager take me seriously? What about all of the younger job seekers out there?

4 Proven Plays to Win Referrals

It’s not news that creating an active referral pipeline is a game-changer for B2B sales teams. A recent Nielsen consumer insights survey revealed that up to 92 percent of people trust word-of-mouth recommendations from friends over any other form of advertising.

STATEWIDE

Google Fiber Warns It Could Pull Plug Over Nashville Impasse

NASHVILLE, Tenn. (AP) – Google is warning that an impasse over access to utility poles could lead the company to pull the plug on its plans to bring its fiber optic broadband service to Nashville.

Vanderbilt Pays $1.2M to Remove 'Confederate' From Dorm Name

NASHVILLE, Tenn. (AP) – Vanderbilt University announced Monday that it will pay more than a million dollars to remove an inscription containing the word "Confederate" from one of its campus dorms.

AUTO INDUSTRY

Ford Says It Will Have a Fully Autonomous Car by 2021

DETROIT (AP) Ford Motor Co. says it will have a fully autonomous vehicle ready to provide ride-hailing or ride-sharing services by 2021.

Ford to Invest $75M in Autonomous Vehicle Sensor Company

DETROIT (AP) – Ford and the Chinese search engine company Baidu will each invest $75 million in Velodyne, a company that makes laser sensors that help guide self-driving cars.

HEALTH CARE

Insurer Aetna Slashes ACA Exchange Participation to 4 States

Aetna has become the latest health insurer to retreat from the Affordable Care Act's public exchanges by announcing a pullback that will further deplete customer choices in many pockets of the country.

TECHNOLOGY

Android Makers Really Want to Make Their Phones Eye-Catching

NEW YORK (AP) – It's getting rarer for phone launches to generate excitement these days – especially in the Android world, where all models use the same underlying Google software. Every year, phones get routine refreshes such as faster processors, better cameras and longer battery life.

REAL ESTATE & DEVELOPMENT

US Home Construction Climbed to a 6-Month High in July

WASHINGTON (AP) – Apartment construction in the Northeast fueled a jump in home building in July as the pace of housing starts nationwide reached the strongest pace in six months.

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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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