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VOL. TMN-9 | NO. 24 | Saturday, June 11, 2016
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ServiceMaster commits to Memphis with plans for tech-centered headquarters

For the first time in years, the Peabody Place mall was packed. On June 3, hundreds of ServiceMaster employees and a handful of business and government leaders ushered in One ServiceMaster Center, a multimillion-dollar headquarters for Memphis’ fourth-largest public company.

City, State Incentives Lining Up For ServiceMaster's Move Downtown

ServiceMaster Global Holdings Inc. will be getting a lot of help with its headquarters move into the vacant Peabody Place mall.

Snapshots: Brothers in Blue

Six days after his death, funeral services June 10 for Memphis Police Officer Verdell Smith marked the end of a turbulent week, with much civic debate about public safety and violent crime in Memphis.

THE MEMPHIS NEWS EDITORIAL

Editorial: Memphis’ Violence is a Political Problem

You didn’t think this would be easy, did you?

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EVENTS

West Tennessee Home Builders Association will bring back the Mid-South Parade of Homes on select days from Friday, June 10, through June 26. Twenty-two homes across the Mid-South will be showcased. Tickets are free at Siano Appliance Distributors and Regions Bank locations, Visit midsouthparade.com.

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Beale Street Rolling Out Saturday Summer Cover Charge

A $10 Saturday cover charge for the Beale Street Entertainment District returns this weekend as one of several measures to improve safety on the street.

SMALL BUSINESS SPOTLIGHT

Lehman-Roberts Investing in Memphis Roads, Community

Lehman-Roberts Co. president Patrick Nelson is right when he says, “What we do is not terribly fancy or glamorous.”

THE MEMPHIS NEWS ALMANAC

June 10-16: This week in Memphis history

2015: Andrea Miller is named the new president of LeMoyne-Owen College, making her the first woman to lead the city’s only historically black college. Miller is selected by the college’s board of trustees in a meeting on campus that lasts several hours as students, alumni and other supporters wait on the lawn outside Brownlee Hall for the announcement.

ARTS & ENTERTAINMENT

MCA Students Design Overton Square Art Map

Loeb Properties has kicked Overton Square’s status as an entertainment destination up a notch with a newly released art map that highlights public art alongside restaurants and retail.

COMMUNITY

One-Day BreakFest Festival Returns to Broad Avenue

A conversation last year at the Memphis Italian Festival about where they might have brunch the next day led longtime friends Andy Wells and Christin Yates to a sudden conclusion.

GOVERNMENT & POLITICS

Strickland’s Leadership Style Emerging

Five months into his four-year term as Memphis mayor, Jim Strickland has his first budget and all but one of his major appointments made – Memphis Police director. The budget cleared the Memphis City Council Tuesday, June 7, with a few minor amendments from council members, next to no debate and no dissenting council votes.

Strickland Adds Forces to Combat Rising Crime in Memphis

There is violent crime in Memphis and then there are the homicides – the murders.

New Parks Director is Second Of Three Major Hires for Strickland Administration

Memphis Mayor Jim Strickland has appointed a former director of cultural affairs for the city of Dallas and at Miami-Dade College in Florida to be the city’s new director of Parks and Neighborhoods.

Local Democrats’ Differences Remain

Local Democratic Party leaders who backed pursuing a criminal complaint against former party chairman Bryan Carson said last week they hope to put the controversy over party finances behind them.

Insure Tennessee Advocates on the Road

The state House’s task force on Insure Tennessee is nearing a June report to federal health regulators on its work. And a Tennessee Hospital Association advocacy group is ramping up its appeal for legislative passage of either the Medicaid expansion alternative or some similar program that might come out of the task force.

Corrections Officers Want Commission to Increase Pay

Shelby County Commissioners approved a stable county property tax rate of $4.37 Monday, June 6, on the first of three readings and set the stage for final budget deliberations in committee sessions next week.

HEALTH CARE

Planned Parenthood Medical Director Ready for Political Challenges

In her new job as director of medicine at Planned Parenthood Greater Memphis Region, Dr. Sarah Wallett carries the dual role of medical care provider and advocate for comprehensive reproductive health care.

LAW & THE COURTS

Businesses Face Decisions to Meet New Wage Rules

Local businesses have six months to comply with newly revised regulations from U.S. Department of Labor concerning wage exemptions that go into effect on Dec. 1. Handed down late last month, the revisions are expected to disqualify up to 10 million U.S. employees from their current exempt status before the end of this year.

BUSINESS

Executive Women’s Day Panelists Offer Career Advice

The discussion is different than it was once, and yet it is ever the same. The PGA Tour Executive Women’s Day program is in its fourth year now and the panel discussion held Tuesday, June 7, at TPC Southwind, site of this week’s FedEx St. Jude Classic, played to a full audience.

MEMPHIS NEWSMAKERS

Attorney Schattgen Joins Bass, Berry & Sims

Shine Chen Schattgen has joined the Memphis office of Bass, Berry & Sims LLP as an associate in the law firm’s health care group. Schattgen, who previously practiced in the Boston office of Ropes & Gray LLP, counsels health care clients on a range of operational, regulatory and transactional matters.

SPORTS

‘Lefty’ Finding Game Again Despite Plenty of Rough Off the Course

You can find Phil Mickelson stories in a lot of places, from right here to Golf Magazine and, lately, at casino.org.

In Memphis, We’d Rather Move the 3-Point Line Up

While the Cleveland Cavaliers must be lauding NBA concussion protocol and the cover that gave them for keeping Kevin Love off the court in Game 3 of the NBA Finals, let’s look forward to possible NBA rule tweaks as soon as next season.

THE TIPPING POINT

Oyler Brings German Efficiency to Memphis Transportation

Urban planners are born, not made. At least, that’s how it was with Nicholas Oyler. From the time he was in middle school, he couldn’t stop thinking about how cities work.

REAL ESTATE

May Home Sales Rise, Low Inventory Hiking Prices

After a strong April, home sales in Shelby County continued to perform well in May.

Mortgage Market Up 26 Percent In May

Shelby County’s mortgage market continued heating up in May, and when combined with April’s numbers makes it likely the second quarter will end up well above where things stood at this time last year.

REAL ESTATE RECAP

Collierville Sees Year’s Largest Multifamily Sale

160 Madison Farms Drive , Collierville, TN 38017 -
Collierville’s 324-unit Madison at Schilling Farms apartment community has changed hands in the largest multifamily sale in Shelby County over the past year.

LOCAL COLUMNISTS

Blended Reality: Riding the Waves Of Innovation

A talk given by Shane Wall, CTO, HP. “Innovation is culture,” says Wall to start his keynote in high gear. 

3 Answers for Volunteer-Led Organizations

We recently had the opportunity to facilitate a workshop at the 41st Neighborhood USA Conference (nusa.org) held right here in Memphis. Participants came from as far as Alaska and Japan. The city bustled with energy from these dedicated community activists and the estimated $750,000 economic impact they made on the local economy. We caught the buzz and want to share three topics that emerged from our conference session. 

Your Job Search Secret Weapon

When we’re looking for a new job, we often spend all our time perfecting our resume and applying online to random openings. These tactics can sometimes work, but is there a better way? What about the times when we’re ready for a career change, but aren’t quite sure where to look for something new?

Four Signs It’s Time for a New Logo

It seems 2015 was a big year for new logos. Several companies, including IHOP, OpenTable, Turner Broadcasting, Spike TV and Google made some sort of change last year.

What Youth Baseball Can Teach the Executive Team

I love middle school baseball. It gives me a chance to spend quality time with my son while experiencing the finer points of youth athletics. Each year, I see the teams grapple with finding the right balance of fundamentals and then defining offensive and defensive strategy to set them apart from their competition. There is a strong parallel with some of the core business insights I regularly share with my clients. It turns out much of what you learn in little league can work both on the baseball diamond and in the conference room. 

Leaving Footsteps For Others

There is a passage from Walt Whitman’s “Leaves of Grass” that reads, “A child goes forth each day, and the first object that the child sees, that object he becomes, for a day, or part of a day, or for days stretching into years.” For me, that “object” was my parents. What I saw in them, I have become. The older I get, the more it surprises me how of much of me is them.

Brush With Death Recalled, Part 1

I was 50 when I died. April 21, 2002. I can’t forget the date.

Health Care Hindrances: Money and Politics

Adam Nickas, the new executive director of Tennesseans for a Responsible Future, is looking for a sweeping plan to catch some 280,000 people who fall into a health care coverage gap across the state.

It’ll Leave A Mark

THE MARKS WE’RE LEAVING. People were hooking up, shooting up and throwing up in the woods, on benches and in cars and right in front of children on the greensward. Like the weeds, pretty much everywhere. Like the privet, pretty much out of control. Like the shell and the rose garden and the lake and the forest and the picnic grounds and the pride of a city, pretty much left for dead.

Promotions and Money: Time to Review

Ray’s Take: Congratulations on your promotion! You just took another step on your career path. Now you should take time to be sure you are on track with your financial plan based on your new situation.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 80 401 13,843
MORTGAGES 99 439 16,005
FORECLOSURE NOTICES 19 63 2,202
BUILDING PERMITS 233 998 28,755
BANKRUPTCIES 49 276 8,926
BUSINESS LICENSES 23 136 4,701
UTILITY CONNECTIONS 23 141 5,534
MARRIAGE LICENSES 15 88 2,982

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