» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation Links
VOL. TMN-6 | NO. 17 | Saturday, April 20, 2013
Weekly Issue

The New Beale

What comes next for the Home of the Blues

Over the last four years, the next chapter in the development of Beale Street has been a stop-and-go affair. First would come announcements followed by silence from official channels.

Editorial: Beale Has Room for Improvement

Beale Street has been so many things since its development by Robertson Topp in the 19th century.

THE MEMPHIS NEWS ALMANAC

April 19-25: This Week in Memphis History

1993: Memphis-based Back Yard Burgers Inc. announced plans to go public with a proposed initial public offering of 1.3 million shares of common stock at a planned price of $6 a share.

Mitsubishi Plant Opens in Southwest Memphis

A group of 200 dignitaries marked the formal opening Friday, April 19, of the Mitsubishi Electric Power Products Inc. plant in Southwest Memphis.

Weekly Issue

View This Week's Issue of The Memphis News

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

Issues | About

Weekly Logo

Market Stability

New-home permit activity steady in first quarter of 2013

Home permit activity held stable for the first quarter of this year compared with the same period last year, and local builders expect to see continued gradual improvement through this year and into next.

Bankruptcies Dip Slightly as Economy Improves

The first quarter of 2013 showed a slight slump in West Tennessee bankruptcy filings as the economy improved.

Bryce to Keep 318 Workers in Memphis

A packaging maker for retail brands like Frito-Lay and General Mills is getting a tax incentive worth $3 million to keep 318 workers in Memphis and add 95 new employees as part of a $21 million expansion here.

Sammons Determined to Bring New Service to MEM

While he’s well aware of the hurdles, Jack Sammons told the members of the Memphis World Trade Club he’s determined to “relentlessly” solicit new air service providers to fly in and out of Memphis International Airport.

Passenger Numbers Continue Drop at Memphis International Airport

Memphis International Airport continued in March to feel the impact of earlier Delta Air Lines Inc. cuts, as both passenger traffic and the total number of flights fell.

Riding the Rails

Memphis benefiting from increased railroad investments

By some estimates, America’s railroad companies are in the midst of the largest investment boom since the Gilded Age – when America’s railroad track mileage tripled between 1860 and 1880.

Foreclosures Drop 17 Percent

Regulators and major lenders are still on the hot seat over flawed and sometimes abusive foreclosures that were carried out in recent years.

Wharton Proposes 28-Cent Tax Hike

The way Memphis Mayor A C Wharton Jr. views the city’s budget trajectory is shaped by a City Council with different fiscal ideas that have consequences the city is still paying for.

Mays Hears School Board Member Selection Question

A year and a half ago, all sides in the federal court case over the consolidation of public schools in Shelby County reached a hopeful milestone that set the ground rules for the merger.

Schools Could Get Additional $4 Million

When Shelby County Mayor Mark Luttrell presented his consolidated county government budget proposal last week to county commissioners, he made an important change that may have upped the amount of new revenue available for the consolidated school district.

Municipal Schools Bill Sails Through House, Senate

After much speculation about resistance from other parts of the state to lifting the statewide ban on special school districts statewide, the bill to do that sailed through the Tennessee House and Senate Monday, April 15.

Business Workshop to Highlight Strategic Thinking

Next week, author, business coach and strategy expert Michael Synk is bringing his one-day workshop back to the University of Memphis to help business owners figure out how to craft a focused growth plan.

Haslam Continues Talks on Medicaid Expansion

Tennessee Gov. Bill Haslam has been talking with President Barack Obama’s administration since his decision last month not to accept federal funding for an expansion of the state’s Medicaid funding at least for now.

The Comeback Club

Hi-Tone returns next month with new space in Crosstown

The Hi-Tone is a few weeks away from coming back. At the end of March, owner Jonathan Kiersky signed a lease for new space in the Crosstown neighborhood that will resurrect the recently shuttered music venue into a facility that’s essentially two connected spaces.

Green Machine Brings Food to Neediest Areas

On a recent Wednesday afternoon, dozens of volunteers worked to paint an 80-foot mural on the side of a former Memphis Area Transit Authority bus.

Amro Milestone Attributed to Seasoned Staff

For the music retailer that traces its history back to 1921 and to the second-floor Downtown studio Mil Averwater opened to give piano lessons, 2013 is a time of reflection, celebration and pride in a few impressive numbers.

U of M President Raines Announces Retirement

Shirley C. Raines is retiring at the end of June after 12 years as president of the University of Memphis.

City Labor Talks Head to Impasse

The city of Memphis and the Memphis Police Association are expected to declare Tuesday, April 16, that their contract talks are at an impasse, triggering a process in which the Memphis City Council settles the labor dispute.

Program Addresses Neonatologist Shortage

Memphis hospitals face a shortage of physicians that care for critically ill and premature newborn infants.

The Ultimate Gift: Family Raises Donor Awareness

On Rachel Escue’s 16th birthday, she went with friends to take her driver’s license test. She also signed up to become an organ donor.

SPORTS

Grizzlies Shift Gears Into Playoff Mode

Center Marc Gasol is never happy after a loss. Sometimes, he is not in a good mood after a victory because, like a coach, he sees the potential for future failure if the Grizzlies don’t play hard, focused and together.

Clippers’ Bench Spells Trouble for Grizzlies

The Los Angeles Clippers may or may not prove to be serious Western Conference title contenders. Count TNT analyst Charles Barkley as their No. 1 doubter, having called them “fool’s gold” and compared them to a pretty girl that steals your heart only for you to discover she is “dumb as a box of rocks.”

MEMPHIS STANDOUT

Hazlett Touts City’s Positives to World

Bob Hazlett, director of online marketing at the Memphis Convention & Visitors Bureau, is a proudly converted Memphian who promotes the city as a travel destination.

MEMPHIS LAW TALK

Butler Sevier’s Mead Helps Clients Craft New Realities

Attorney Anne Mead is not in Kansas anymore. Recently named partner with the firm of Butler Sevier Hinsley & Reid PLLC, a family law practice, she said, “We have some pretty incredible people working for us, I’m really, really lucky.”

MEMPHIS NEWSMAKERS

Meadows Named Director of Memphis Jewish Home & Rehab

Bobby Meadows has joined Memphis Jewish Home & Rehab as executive director. Meadows, a licensed nursing home administrator, has 13 years of nursing home experience, including 11 as an executive director. Most recently, he served for six years at Allenbrooke Nursing and Rehabilitation Center in Memphis.

REAL ESTATE RECAP

Harold Ford Sr. Buys Sycamore View Property

1670 Sycamore View Road Memphis, TN 38134

LOCAL COLUMNISTS

Understanding the Importance of a Getaway

THE TIME TO GET AWAY IS CLOSE. One morning last week. Anderson’s dogs were running, impossibly fast, circling a field of new wheat, impossibly green, and then through the woods and past the ponds, Snuffy bounding just ahead of us and Bow Wow off to our right in the trees. Their eyes were bright and their joy obvious, impossibly happy.

Making Dollars and Sense With Nonprofit Partnerships

Woman- and minority-owned businesses can benefit from well-defined relationships with select nonprofits.

Dream Home Nightmares

Ray’s Take As the real estate market recovers, more families are pulling out their dream home plans. They would be wise to watch that classic movie, “Mr. Blandings Builds His Dream Home.”

Apostrophe Yes or No?

Henry Chu of the Los Angeles Times reported in late March that “To grammarians’ delight, officials in southwest England who had considered expunging apostrophes from street signs threw out the idea … and vowed to follow the rules of proper English.” Ha! Good luck with that!

Selling the Business: Games Buyers Play

Entrepreneurs work years building up the value in their business only to give a big chunk of it away when it comes time to sell. Why? Savvy acquisition teams have a method for them wearing down so they sell at a steep discount.

You Have a Nice Personality, But Does Your Brand?

We naturally navigate to those with interesting personalities in real life, and so it stands to reason that the same holds true in the digital world. Why, then, do so many brands come across as cold and completely void of personality when communicating through social media?

Sometimes You Need to Shift Things Around

When leading a series of innovation workshops for Memphis Mayor A C Wharton Jr.’s Innovation Delivery Team with division leaders at City Hall, our task was steep: change long-standing behavior patterns. Turn doers into innovators. Have proven professionals who are deeply embedded in their roles get out of their current paradigm and empathize with the community and citizens they serve. Break the cognitive lock created by doing the same thing every day and see the city with fresh eyes.

Back to Budgeting

As the S&P 500 continued to set new highs last week, Washington returned to the forefront as President Barack Obama released his fiscal year 2014 budget. For the first time in four years, the executive branch and both branches of Congress have produced a budget.

The Heart and Soul in Sports

Last week we spotlighted St. Jude Children’s Research Hospital, which is a world leader in the fight against childhood cancer and other deadly diseases. This week let us discuss an organization that is making a positive, and eternal, impact in the arena of athletics: the Fellowship of Christian Athletes.

Greenleaf on Servant Leadership

This weekend I took the time to reread Robert K. Greenleaf’s essay titled “The Servant as a Leader.” I thought some of the ideas in the essay were worth sharing with you.

Workers’ Comp and On-Call Workers

An on-call surgical technician injured while driving home after assisting with an emergency surgery at a hospital was eligible for workers’ compensation benefits, the Supreme Court of Tennessee has decided.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 35 250 5,016
MORTGAGES 60 382 6,608
FORECLOSURE NOTICES 0 38 1,517
BUILDING PERMITS 179 720 11,979
BANKRUPTCIES 54 257 5,216
BUSINESS LICENSES 24 89 2,025
UTILITY CONNECTIONS 92 443 6,907
MARRIAGE LICENSES 16 81 1,422

Weekly Edition

Issues | About

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