VOL. TMN-7 | NO. 47 | Saturday, November 15, 2014
Memphis Tigers begin life after the guards
A new season brings optimism – or marketing, if you want to be cynical about it – but also some reflective truth-telling.
Coming in the Door: East Carolina, Tulane and Tulsa. Going out the Door: Louisville and Rutgers.
EMPHASIS Financial Services
Lenders look for inner-city entrepreneurs to help fund and grow
Mid-South Drug Testing president Kelly Dobbins is the kind of entrepreneur banks and lenders are increasingly making it a point to seek out.
Bank of Bartlett has seen a resurgence in loan demand over the last several months, something that’s prompted the Bartlett-based community bank to expand its headcount.
Trustmark National Bank senior vice president Rick Neal, who manages the bank’s commercial real estate efforts for the Memphis region, came to the bank in 2012 for a couple of reasons.
The last few weeks have been a time of expansion and growth for Memphis-based investment firm Wunderlich Securities Inc.
Banks tend to be the ones most frequently jumping into the smartphone app game among financial services companies. But that doesn’t mean other such firms don’t see plenty to like about putting all those layers of functionality into their clients’ hands.
At the outset of another Tiger basketball season, a reminder of a past season that’s officially not on the record books of the NCAA surfaced to talk about that season at the University of Memphis.
THE MEMPHIS NEWS ALMANAC
2013: Justin Timberlake at FedExForum in a day that saw Memphis Mayor A C Wharton Jr. proclaim it as Justin Timberlake day and don a bowtie along with numerous other Memphians. It was Timberlake’s first Memphis show since 2007 and 1,000 free bow ties were distributed.
Visible Music College prepares for 15th anniversary
Visible Music College has come a long way from the building in Lakeland that once housed a catfish restaurant where the school launched almost 15 years ago.
Elvis Presley Enterprises is ready to shake, rattle and roll on its planned hotel near Graceland.
Target is eyeing the Memphis area for an industrial project that could create up to 600 jobs, according to multiple sources.
A Texas-based development firm will start turning dirt soon on a massive new business park in DeSoto County.
Fran Persechini has decided to step down as president and CEO of the Collierville Chamber of Commerce after spending 20 years with the organization.
Tennessee Achievement School District superintendent Chris Barbic on Wednesday responded for the first time to vocal opposition to the state-run district.
Amy Howard at Home paints make way to Ace Hardware
As Amy Howard built her high-end, luxury furniture manufacturing business in Memphis over 23 years, the entrepreneur developed her own lines of paints and finishes for the pieces.
Ignite Memphis returns next week with what organizers say looks to be the biggest Ignite event ever, on track for another sellout.
Ormeloxifene. If you know the name at all, you know it as a birth-control drug. But that drug is now being studied to see if it can be repurposed to inhibit growth of advanced-state prostate cancer cells and used as a therapeutic agent to manage and treat advanced prostate cancer.
Memphis-based Wiseacre Brewing Co., which opened in August 2013, is expanding into North Mississippi and West Tennessee by introducing its three year-round beers as well as a limited supply of specialty brews into neighboring markets.
The long-vacant Tennessee Brewery Downtown has been sold for $825,000 and could soon see new life.
UTHSC program gives students an edge in dinner interviews
It’s competitive out there. A new graduate, even one with great grades and real-world experience, still might have to make an additional good impression on a potential employer.
When Patriot Bank executive vice president Keith Barger surveys the local mortgage lending landscape, he sees demand improving and homebuyers increasingly flocking – successfully – to bargains in the housing market.
Work began Monday, Nov. 10, on the Harahan Bridge boardwalk in a Downtown conference room as the contractor on the $17.5 million project, OCCI Inc. of Fulton, Mo., met with city leaders and explained the construction plan to come for what is now called the “Big River Crossing.”
Legislation making its way through the Memphis City Council would allow transportation network companies such as Lyft and Uber to operate under the law.
The newspaper unit of The E.W. Scripps Co., parent company of The Commercial Appeal, barely made enough money to cover expenses in the third quarter.
The two newest state legislators from Shelby County say they hope to find ways to work across party lines and even with the Shelby County Commission and the Memphis City Council.
City & State to support local artisans from Broad Avenue home
The origin story, if it could be called that, for many of the shops and restaurants in the burgeoning Broad Avenue Arts District tends to start the same way.
FedEx founder, chairman and CEO Fred Smith is pretty confident that robotics, automation and perhaps drones will play an increasingly large role in the FedEx of the future.
The old owners of Overton Square had a plan to remove existing local tenants and retailers and replace them with national retailers.
In the five months since the southbound auto traffic lanes on Riverside Drive between Beale Street and Georgia Avenue were turned into bicycle and pedestrian lanes, bicycle usage of the lanes has risen from an average of 400 a month to more than 600 a month.
Germantown Mayor-elect Mike Palazzolo was surprised that the mayor’s race became as hard-fought as it was.
It was about four years ago that a group of Memphians flew to Omaha, Neb., to talk with Union Pacific railroad executives about building a bicycle and pedestrian boardwalk on the northern side of the Harahan Railroad Bridge across the Mississippi River.
Bass Pro Shops: The one that didn’t get away
In May, when the first guests at Big Cypress Lodge inside The Pyramid open the French doors in their rooms, they’ll be able to walk onto a patio overlooking the sprawling interior of the Bass Pro Shops store and attraction, including a re-creation of Delta cypress swamp and 600,000 gallons of water features.
Less than two months after he left the Tennessee Legislature to become a Chancery Court judge, Jim Kyle found himself in familiar territory.
“I Choose Memphis” spotlights Memphians who are passionate about calling this community home. New Memphis Institute provides the profiles.
Home sales activity in Memphis and Shelby County certainly wasn’t spooky in October, with sales up 10 percent compared to the same month a year ago.
It was just another score on the bottom-of-the-TV-screen scrawl: Memphis 16, Temple 13.
For those first few minutes, Kobe Bryant was toying with us. He passed the ball and he passed up shots – open and otherwise.
For those who are still watching the Tennessee Titans and hoping that something can go right before the 2014 season is up, it could be a long wait.
KNOXVILLE – University of Tennessee football coach Butch Jones doesn’t have to remind his team about the disappointing fade last November.
Myles McGuire has joined Insight Risk Management LLC as a corporate consultant. In his new role, he will consult with commercial clients and place them with the appropriate coverages to protect their business from risk and liability issues.
REAL ESTATE RECAP
387 S. Highland St., Memphis, TN 38111, Permit Amount: $6.7 million -
Indianapolis-based developer Milhaus Ventures has applied for another building permit for the long-awaited Highland Row project near the University of Memphis.
She was young and had a nice corporate career going straight out of school. So a lot of people would have traded places with Alexandra Nicole, who spent six years as a sales rep at International Paper.
ALL THIS IS GETTING OLD. Mitch McConnell is 117. Across the aisle, Harry Reid is 132, same age as Nancy Pelosi over in the House, and John Boehner is 98.
This week is a special one. With Veterans Day this past Tuesday, it has been important to honor our military personnel. In addition to thanking them for their service, former military members face an issue many people overlook: underemployment.
Ray’s take: The whole idea of talking to your elderly parent about their finances and estate planning may make you feel slightly ill.
“But is it __?” This clue is used in dozens of crossword puzzles. The answer is ART. At Crystal Bridges Museum of American Art, tucked away in the Northwest Arkansas hills, the question’s answer is “You’d better believe it!” My heart sings to know that Crystal Bridges, open now since Nov. 11, 2011, is a major world player in its field.
In sales, as in life, many a person throws in the towel after failure, not realizing that failure is actually an inevitable outcome of the innovative. Thomas Edison is reported to have had more than 1,000 failures before finally inventing a practical electric light bulb. Aptly, he said, “Many of life's failures are people who did not realize how close they were to success when they gave up.”
While our country's economy seems to be making a turn in the right direction, cost of living remains one of the top reasons that individuals and families choose to live where they do.
It's time to ask, but just exactly what do you say? As the year comes to a close nonprofits look to board members, volunteers and donors to ask their friends, family members and colleagues to consider making a meaningful gift. You may have the internal fortitude to overcome your fear of asking (read, fear of rejection), but what exactly do you say and do?
A news reporter in Nashville called me recently when a public information officer with the Metropolitan Development and Housing Agency refused to release a document that had been voted upon a few days earlier by a subcommittee of the public agency’s board of directors.
VF Corp. created a series of Bright Spots to augment their product mix and sell the innovations inside the company to ensure the innovation eggs hatched in the market. The real goal was to change the culture to accept innovation.
Can Tennessee’s community college system honor free tuition program?
With more than 50,000 high school seniors applying for free community college tuition and fees through Gov. Bill Haslam’s Tennessee Promise, it’s reasonable to wonder if Tennessee’s community colleges have the infrastructure – including classroom space and instructors – to handle such an influx of new students.
To say Congressman Steve Cohen is unenthusiastic about the Tennessee Promise is an understatement.
MTSU and UT-Knoxville officials see limited impact, if any, from Tennessee Promise on the schools’ fraternities and sororities.
Tennessee is about 2,000 short of the 9,400 mentors needed to cover the number of students who applied for the Tennessee Promise, Gov. Haslam said recently.
In what has become expected in this post-Recession boom, home sales continue to set records each month with no end in sight, based on October sales figures from the Greater Nashville Association of Realtors.