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VOL. 131 | NO. 21 | Friday, January 29, 2016

Olympus to Invest $12M in New Bartlett Distribution Center

A Tokyo-based maker of medical and surgical products plans to invest $12 million in a service and distribution center in Bartlett.

Downtown Creativity Hub Seeks Permanent Home

Creative Works, the popular Downtown conference for artists and designers, is looking to set up shop year-round.

Black-Owned Business Revenue Drops in Memphis

Bad has turned to worse, according to the latest data from the U.S. Census Bureau's Survey of Business Owners.

Doug Carpenter & Associates Rebrands as DCA

When Doug Carpenter started his eponymous advertising agency five years ago, what the name should be wasn’t too hard to figure out. It was an agency of one with the need to bank on Carpenter’s reputation in the community. So Doug Carpenter & Associates LLC was born.

Last Word: New Minority Business Numbers, The House Affair and The Heights

The recently revived discussion on minority business in Memphis is about to go back on the front burner again. Fueling the intensity are new U.S. Census numbers. They show the percentage of business receipts in Memphis produced by black-owned businesses has dropped since the 2007 census numbers showed a 1.08 percent share of those receipts by black-owned businesses. That in a city whose population is 63 percent African-American.

Local Weather
Currently
Memphis, TN
73.0°F
Overcast
Wind: West at 10.4 mph
Humidity: 81%

EVENTS

Staxtacular 2016, the Soulsville Foundation’s largest fundraiser, will be held Friday, Jan. 29, at 7 p.m. at the Stax Museum, 926 E. McLemore Ave. Hosted by Vince Carter and the Memphis Grizzlies, “The Baller’s Ball” brings together the world of sports, music and philanthropy to benefit the Soulsville Foundation’s youth programs. Tickets are $175. Visit staxtacular.com.

more events »

Highland Heights CDC Rehabs Five More Homes

On his desk at Treadwell Middle School, Jared Myers keeps a colorful map marked by green, red and blue shapes.

Harris Passes On Challenging Cohen For House Seat

A surprise January dalliance by Tennessee Sen. Lee Harris of Memphis with a challenge of U.S. Rep. Steve Cohen in the August primaries didn’t make it quite to the end of the month.

Bank of Fayette County Looks To Grow Trust Services in 2016

There’s a reason The Bank of Fayette County’s still-growing trust division doesn’t carry the name of, well, the bank or its home county.

50-Year Star Trek Voyage Docks at Orpheum

In the beginning there was Star Trek – a mid-1960s television series that didn’t make a five-year run ideal for syndication before it got cancelled. Then came a syndicated after-life anyway and five movies as well as four spin-off television series.

SPORTS

Matriculating Down the Field Of History to Super Bowl 50

For sports fans of my generation, there is something very personal about the Super Bowl. My earliest television sports memory is from Super Bowl I, which wasn’t even originally called the Super Bowl and retroactively introduced me to Roman numerals.

Memphis Grizzlies Off The Grid As Record Rises

When the Memphis Grizzlies rolled out to that hot start last season and carried a 39-14 record into the All-Star break, they had created legitimate national buzz – perhaps for the first time ever during the course of an NBA regular season.

LOCAL COLUMNISTS

History Lesson

A HISTORY LESSON TAUGHT, NOT LEARNED.

Things to Consider Before You Invest

Ray’s Take The great recession of 2007-2009 and its associated bear market seem like a long time ago. The relatively small setback of 2015 seems very tame in the context of the gains since March of 2009. This is a good time to take a few steps back and review investment goals and expectations.

Is Your Dream Candidate a Temp?

Earlier this month, the U.S. Bureau of Labor Statistics announced that the unemployment rate continues to hold at 5 percent while payroll employment rose by 292,000 in December. Exciting news for our economy, but an indication to hiring managers that challenging times lie ahead.

MEMPHIS AREA

West Memphis Among Targets of New DEA Heroin Prevention Effort

ST. LOUIS (AP) — The federal Drug Enforcement Administration is enlisting health care providers, civic groups and parents of overdose victims in the St. Louis region as part of what it calls its "360 Strategy" to combat heroin and prescription drug abuse and related violent crime.

STATE GOVERNMENT

Ramsey Alleges Durham Affair With Ex-Lawmaker

NASHVILLE, Tenn. (AP) — Senate Speaker Ron Ramsey says state Rep. Jeremy Durham had an affair with another lawmaker, causing her to resign.

REAL ESTATE

US Pending Home Sales Inch Up in December

WASHINGTON (AP) — The number of people signing contracts to purchase homes managed to inch up last month, thanks to unseasonably warm weather in the Northeast.

NATIONAL BUSINESS

For the World's Most Scrutinized Body, Barbie Has a New Look

NEW YORK (AP) — At 57, Barbie is getting a major makeover.

Ford's 2015 Pretax Profit Jumps on Stronger sales

DEARBORN, Mich. (AP) — Higher sales in most of the world helped Ford Motor Co. achieve a record pretax profit in 2015, but investors remain skittish that the good news won't keep coming.

A Coffee Named 'Death Wish' Wins a Super Bowl Commercial

NEW YORK (AP) — A coffee with an edgy name and made by a small business is getting a commercial in Super Bowl 50.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 50 354 8,349
MORTGAGES 58 390 9,802
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 158 810 17,944
BANKRUPTCIES 48 243 6,003
BUSINESS LICENSES 27 135 3,130
UTILITY CONNECTIONS 0 191 6,447
MARRIAGE LICENSES 26 144 2,101

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