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VOL. TMN-8 | NO. 38 | Saturday, September 12, 2015
Weekly Issue

Shifting Memphis Media Market, Like Every Other, In Flux

Lauren Lee never picks up a newspaper. Which isn’t much of a surprise because she’s 33 years old, works in marketing, and has the technological savvy and finger dexterity to operate a smartphone.

Mall of Memphis Developers Tout Project as Catalyst

The developers of a proposed industrial park on the site of the old Mall of Memphis in Parkway Village acknowledge the tax breaks they are seeking are different than most incentives.

Pink Diva Opens on Florida Street, New DeJaVu in Binghampton

It all started over tacos. Three years ago, Cassi Conyers was edging into a vegan lifestyle and stopped to try the vegan tacos at DeJaVu Restaurant’s 936 Florida St. location.

Small-Business Tips: Research, Network and Have Cash

Small business ideas – dreams, if you will – take time. To create, to develop, to implement and to sustain.

ASD Looks at Six Schools for 2016 Takeover

Six Memphis schools are on the state-run Achievement School District’s short list for possible takeover in the 2016-2017 school year.

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EVENTS

ArtBash on Flicker Street will be held Friday, Sept. 18, from 5 p.m. to 8 p.m. Flicker Street Studio, 74 Flicker St., will display “The Work Room Exhibition,” while David Lusk Gallery-Temp, 64 Flicker, will present “200 Miles Away” and a book release and signing for Audrey Taylor Gonzalez’s “South of Everything.” Visit flickerstreetstudio.com and davidluskgallery.com.

more events »

EMPHASIS Financial Services

Memphis Financial Advisers Talk the Psychology of Money

Wunderlich Securities Inc. financial adviser Jason Fair got a call in recent days from a client spooked over the volatility in financial markets.

Magna Bank Prepares for New Memphis Identity

Magna Bank in Memphis isn't set to open for business with a new name above the door for a couple more months, now that its acquisition by Nashville-based Pinnacle Financial Partners has officially closed.

Finfrock Leads CBIZ Transfer Pricing Services

It’s not exactly a buzz word in the Memphis accounting scene, but what Josh Finfrock and his team in the transfer pricing services division at CBIZ MHM LLC work in has an international reach that can have a major economic impact on companies big and small.

THE MEMPHIS NEWS EDITORIAL

Editorial: Questioning Motives in Crime Coverage

It’s hard to tell where to draw the line when it comes to who does what in media these days. And it’s reasonable to ask if there even is a line anymore.

THE MEMPHIS NEWS ALMANAC

This Week in Memphis History: September 11-17

2014: First Lady Michelle Obama visits St. Jude Children’s Research Hospital.

Duncan-Williams Launches Asset-Management Business

A new standalone financial firm has launched out of Duncan-Williams Inc. that has its own name and website and will soon move into its own Poplar Avenue office space.

Shelby County Housing Market Sees Steady Summer

Home sales continued to strengthen in Memphis and Shelby County last month with a hefty $243 million in recorded sales – an increase of 25 percent from August 2014’s total revenue.

Wharton, Strickland Roll Out Anti-Crime Platforms

Memphis Mayor A C Wharton and challenger Jim Strickland rolled out anti-crime platforms Wednesday, Sept. 9, that signal a shift in the Memphis mayoral race after months of bickering over whether the city’s crime rate is up or down.

Buster’s Prepares to Open Major East Memphis Expansion

Buster’s Liquors & Wines’ longtime East Memphis presence is about to get even bigger.

Delta Queen Lists Memphis As Possible Port

The legendary Delta Queen steamboat is expected to visit the Memphis riverfront with its probable 2016 return to passenger cruise service.

Kosten Foundation Lifts Pancreatic Cancer Awareness

When the Herb Kosten Foundation began in 2003, it was out of a desire to honor the man’s legacy.

Indie Memphis Offers First Peek at 2015 Lineup

In the first glimpse provided of the 18th annual Indie Memphis Film Festival, the event has announced the highlights of more than a hundred independent films to screen from Nov. 3 to Nov. 11.

Bona Fide

October blues festival has roots in influential 1969 event

When the Bona Fide Blues Festival takes a set of stages in Overton Square and the Cooper-Young neighborhood next month, it will mark a return that’s been a long time coming.

MATA Seeks $200,000 Central Station Grant

The Memphis Area Transit Authority is seeking a $200,000 grant from the Downtown Memphis Commission to expand shared parking at Central Station that would double as more space for the relocated Memphis Farmers Market.

Memphis Airport Adds Phoenix to its Nonstop Roster

Allegiant Airlines announced Wednesday, Sept. 9, that it will add nonstop service between Memphis International Airport and Phoenix-Mesa Gateway Airport.

Farmers First

Birthday present for Memphis Farmers Market: plans for more space

After all these years – 27 weeks of Saturdays for a decade – Jill Forrester calls it a “nice routine.” And by that she means she and husband Keith getting up at 3 a.m., loading their produce, herbs and flowers, and driving to the Memphis Farmers Market downtown.

Relax – Gould's is Opening New Downtown Spa, Salon

Less than a month after vacating its long-held presence at The Peabody, Gould’s Salons and Spas announced plans to open a new Downtown store in a high-profile location.

Crosstown Arts Program Looks to Concourse Future

When Crosstown Concourse opens to the public in 2017, it will be the culmination of dreams, plans and vision by a number of stakeholders.

Learning in Action

Memphis' Carpenter Art Garden expands with new job-training hub

For the past three years, the Carpenter Art Garden has worked to unite and uplift a Binghampton neighborhood and keep kids engaged with the community.

Mayoral Campaigns Ramp Up Media Presence

Three of the four major candidates for Memphis mayor are now on TV and radio with ads that reflect the intensity of a hard-fought race up to the Oct. 8 election day.

Books from Birth Surpasses 4 Million-Book Mark

For adults, mail isn’t very exciting. It’s typically a bill or insurance statement. Maybe it’s a catalog or coupon booklet. But for kids, mail has a different connotation.

Tennessee Legal Opinion is Latest Entry in Police Shooting Controversy

The Memphis City Council cannot subpoena the Tennessee Bureau of Investigation’s records into the fatal police shooting of Darrius Stewart in July, according to a legal opinion from Tennessee Attorney General Herbert Slatery.

SPORTS

Fuente, Tigers Now Nitpick Imperfections as Winning Continues

As season openers go, it had just about everything: a big crowd, with more than 41,000 showing up at Liberty Bowl Memorial Stadium; spirited tailgating on Tiger Lane; and really cool replica rings given out to the first 3,500 fans in celebration of the team’s 10-win season, share of the American Athletic Conference title and victory in the Miami Beach Bowl.

Guess Who’s Coming to Dinner? John Calipari!

[UPDATE: University of Memphis president David Rudd issued a statement on Twitter late Thursday afternoon stating the university "will not be recognizing Coach Calipari." Read his statement here.]

Don’t View Sunday’s Opener as Mariota vs. Winston

Don’t think for a minute that the schedule makers at the NFL office didn’t set this one up.

NEWSMAKERS

Gescheit Joins Dunavant Logistics

Rangi Gescheit has joined the Dunavant Logistics Group as logistics services & operations administrator, export. Gescheit, who served in the Israeli Defense Forces as a deputy in criminal special investigation, began his career at Port Elizabeth, N.J. Most recently he was a trade lane manager with DHL Global Forwarding.

REAL ESTATE RECAP

UTHSC Pulls $20 Million Permit to Build Simulation Center

26 S. Dunlap St., Memphis, TN 38103, Permit Amount: $20 million -
The University of Tennessee Health Science Center is preparing for more construction as part of its campus overhaul.

SMALL BUSINESS

Metabolic CrossFit Owner Combines Physician Services With Exercise

Dr. Jeremy Draper’s patient waiting room is a gym. Draper is the co-owner of Metabolic CrossFit, the only CrossFit affiliate in the city to offer training and a physician practice under the same roof.

TENNESSEE LEDGER

From University Labs to the Marketplace

Vanderbilt, University of Tennessee med schools produce more than doctors

The health care industry contributed $38.8 billion to Middle Tennessee’s economy in 2014, according to a study released by the Nashville Health Care Council, which is a 32.9 percent increase from the 2010.

Vanderbilt's Wireless ECG: Real Lifesaver for Heart Attack Victims

Susan Eagle, M.D., didn’t necessarily see herself as an inventor, but she recognized a problem in her field and she just couldn’t live with it.

LOCAL COLUMNISTS

A Steeple in Hell

THE CHURCH OF GROUND ZERO. Headed to my desk, I passed a photograph on the wall. I pass it several times every day, but when I typed 9/11 at the top of the page, the date this column would run in The Daily News, I realized what the column would be about:

Work Stress is Bad for Your Health

If you’re feeling stressed at work, it turns out it may actually be bad for your long-term health. Researchers from Harvard and Stanford found that work stress can be as bad for you as secondhand smoke.

Investing in a Low-Return Environment

Ray’s take: In these days of lower returns on investments, the markets and interest rates in particular haven’t been providing as much of a helping hand as in the past. So, in order to achieve your goals, you may need to do more of the “heavy lifting” yourself. This means reviewing your accounts regularly to determine if you’re saving enough to meet your financial goals.

Dognapping Threat Unknown by Witness

My hand surgeon and my chiropractor should be paying attention to a certain case being tried in the New York Supreme Court. The finger-pointing alone is bound to result in injuries that would require an adjustment, if not an operation.

Health Care Suffers As Rural Hospitals Continue Slow Fade

Fayette County is the latest victim of hospital closings in Tennessee as many rural health care facilities continue to struggle financially.

Use EQ vs. IQ to Recruit Sales Talent

Hiring sales talent is tricky, as it can be difficult to distinguish between those who are merely strong at interviewing and those who will actually be strong on the job. Why?

The End of the Fed’s Up-Market Guarantee Program

On Thursday, the European Central Bank committed to do even more of “whatever it takes,” driving European stocks up 2.5 percent. Conversely, after Friday’s strong U.S. job report, Fed tightening fears pushed American stocks down 1.5 percent.

Four Elements of a Successful Innovation Boot Camp

After working with more than 100 organizations – from leading nonprofits to Fortune 500 companies – this hard-earned mantra about innovation has emerged: Concepts and culture are two critical factors necessary for successful innovation.

10 Solutions to a Board That Won’t Fundraise

Editor’s note: Part one of the two-part “Fundraising in an Imperfect World” series. What do you do if your board doesn’t have the connections, experience or willingness to be involved in fundraising? How will your nonprofit secure the money and resources it needs to deliver on its mission?

Ed Wallin Spends Lifetime Helping Traumatized Vets

Abraham Lincoln said, “Commitment is what transforms a promise into a reality.”

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 55 55 20,821
MORTGAGES 44 44 24,405
FORECLOSURE NOTICES 23 23 8,633
BUILDING PERMITS 196 196 42,533
BANKRUPTCIES 55 55 13,957
BUSINESS LICENSES 22 22 6,423
UTILITY CONNECTIONS 56 56 13,567
MARRIAGE LICENSES 23 23 5,092

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