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VOL. 131 | NO. 191 | Friday, September 23, 2016

Belz Pulls $9M Permit to Prepare Peabody Place for ServiceMaster

Belz Enterprises has taken a major step in the renovation of the shuttered Peabody Place mall into ServiceMaster Global Holdings’ future headquarters.

Beale Authority Talks Terms With 21 Beale

The Beale Street Tourism Development Authority is sending its response to a term sheet from the principals of 21 Beale Street Inc., the only company in the running for a contract to manage the entertainment district for the authority. The authority isn’t ready to say it represents even a tentative agreement and the leader of the 21 Beale management group is expressing frustration over the process.

AutoZone Grows Quarterly Profit 6.4 Percent

For 40 straight quarters now, Memphis-based auto parts retailer AutoZone has delivered double-digit earnings per share growth.

New Institute Filling a Mental Health Coverage Gap for Youths, Families

Children and families dealing with mental health and behavioral issues have a new option for in-home specialized care with Family Institute of Tennessee’s expansion into the Memphis market earlier this year.

U of M Gets Economic Boost, W.M. Barr PILOT Approved

The University of Memphis will get a development incentive boost around its campus, a longstanding Memphis-based manufacturer has been granted tax incentives to expand on Presidents Island and a gift-wrap company has received an amendment to its tax incentive that will allow it to add staff.

Local Weather
Currently
Memphis, TN
75.0°F
Overcast
Wind: South at 10.4 mph
Humidity: 46%

EVENTS

160th annual Mid-South Fair & Rodeo will be held Friday, Sept. 23, through Oct. 2 at the Landers Center, 4560 Venture Drive in Southaven. Enjoy midway rides and games, fair food, demonstrations, concerts on two stages, and special fair days with discounted admission and other deals. Visit midsouthfair.com for ticket packets and event schedule.

more events »

Last Word: Talking Terms on Beale, Bolton High's Past and DeAngelo Williams

There will be a funeral in south Memphis Friday at Metropolitan Baptist Church for seven of the 10 people – three adults and seven children -- who died not quite two weeks ago in a house fire on Severson Street. The remaining three funerals follow into the weekend.

Commission Eyes Bolton High as Ag Career Center

When Wade Bolton was shot and fatally wounded in Court Square in 1869 by a former partner in a slave trading firm, it continued a long-running feud across several years in which eight people altogether would die violently.

Music, Rec Facilities in the Works at U of M

The Tennessee Board of Regents is helping pave the way for the University of Memphis to build a $44 million on-campus music center instead of an already approved biochemistry and biology building.

STARTUP CONFIDENTIAL

Young: ‘I Knew I Wanted My Own Business’

When she was a little girl from Texas visiting her family’s Arkansas farm, Octavia Young remembers going to the Sears Crosstown building in Memphis with her grandmother. Now all she needs to do is stand on the front porch of her restaurant, Midtown Crossing Grill, to watch the progress of the renovation of the huge former distribution center. 

THE TIPPING POINT

Fernandez Fights for Memphians’ Cybersecurity

Managing information technology for a hospital system might not seem like a natural extension of a career in the U.S. Navy. But as vice president and chief technology officer of Methodist Le Bonheur Healthcare, Gene Fernandez finds himself at the heart of the cybersecurity battle that health care providers are fighting.

SPORTS

DeAngelo Made in Memphis, Outlasting Them All in NFL

He has belonged to the NFL for a long time now, if you want to think of DeAngelo Williams that way, and truth is you’re probably divided on that. For he’ll always belong to the University of Memphis first, on that much we can agree.

Love Keeps Saban And Bama Title Hopes Together

Most of the time, Nick Saban is this wound-tight, micromanage-every-minute hybrid of a corporate CEO and the most successful college football coach in the land.

Will We One Day Look at Lions Win as Turning Point?

Was Sunday’s stunning victory in Detroit the start of a turning point for the Tennessee Titans?

Nothing Else Counts for Jones if He Can’t Top Gators

Since his arrival at Tennessee in December 2012, Butch Jones often has spoken about the importance of getting the Vols back up and running in their biggest rivalry games.

What’s Worse Than Dating A Gator? Another Loss

If you’re a Tennessee fan hurting from the 11-game losing streak against Florida, put yourself in Corey Vereen’s shoes.

LOCAL COLUMNISTS

Bridging Imagination and Reality

GETTING A BIG IDEA ACROSS. A few years ago, I heard about a big idea and wrote about it. Next month, that idea becomes Big River Crossing, an inspirational bridge between imagination and reality.

Estate Planning – It’s a Need

Ray’s Take When talking about money and how it works in our lives, we often refer to the difference between wants and needs. The challenge being that when someone really wants something it can start to feel like a need.

STATEWIDE

New Tennessee State Museum to Open Doors in Fall of 2018

NASHVILLE, Tenn. (AP) – The new Tennessee State Museum is scheduled to open its doors to the public in the fall of 2018.

Nashville Mosque Sues State Over Tax Exemption Denial

NASHVILLE, Tenn. (AP) – The Islamic Center of Nashville is suing the state in federal court after it says it was denied a tax exemption.

'Non-Union Union' at Volkswagen Plant Loses Certification

NASHVILLE, Tenn. (AP) – A group billing itself as an alternative to the United Auto Workers union at the Volkswagen plant in Tennessee has failed to meet minimum enrollment standards under the German automaker's internal labor policy.

Feds Confirm Tennessee in Compliance With Zero-Tolerance

NASHVILLE, Tenn. (AP) – The National Highway Traffic Administration has confirmed that Tennessee is back in compliance with federal zero-tolerance standards for drunken drivers under the legal drinking age.

ECONOMY

How the Incredible Shrinking Stock Market Affects Your Fund

NEW YORK (AP) – More companies don't want you, or any other investor, to buy their stock.

RETAIL

Wal-Mart to Face Class-Action Over Alleged Bribery in Mexico

NEW YORK (AP) – A federal judge has granted class-action status to Wal-Mart investors suing the world's largest retailer over allegations that it covered up a bribery scheme in Mexico to help its business there.

REAL ESTATE

US Home Sales Fell in August as Inventories Plummet

WASHINGTON (AP) – Americans retreated from home-buying in August, as a worsening inventory shortage appears to be hurting sales and pushing prices higher.

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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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