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VOL. 132 | NO. 240 | Tuesday, December 5, 2017

Outside Investors to Purchase Gibson Factory in Downtown Memphis

The 24,080-square-foot Nashville warehouse, which sits on a half-acre in the North Gulch district, was also acquired by Somera Road and Tricera Capital for $6.83 million, the Tennessean reported on Nov. 14. 

County Commission Renews Opioid Legal Skirmish with County Administration

Shelby County Commissioners voted Monday, Dec. 4, to hire another attorney to represent it in an ongoing legal battle with county mayor Mark Luttrell over opioid litigation. And the commission approved a resolution declaring opioid abuse a “public nuisance” as an opening to legal depositions of opioid manufacturers and distributors.

Return of Trolleys Pushed Back to April

Plans for a restoration of trolley service by the end of the year have been put off again by leaders of the Memphis Area Transit Authority after “body rot” was discovered in three trolleys being restored in Iowa.

EMPHASIS Distribution & Logistics

Trucking Firms Prepare for Electronic Logging Device Mandate

The trucking industry’s controversial electronic logging device mandate goes into effect Dec. 18, and local trucking companies and drivers have been preparing for most of the year. The ELD helps measure and monitor that drivers are not on the road too many hours each day, that they take mandatory breaks at the appropriate times, and that they are not driving too many hours during a consecutive seven-day period.

Local Weather
Currently
Memphis, TN
64.0°F
A Few Clouds
Wind: from the South at 15.0 gusting to 21.9 mph
Humidity: 32%

EVENTS

The UniverSoul Circus Big Top Christmas visits Memphis Tuesday through Sunday, Dec. 5-10, at Hickory Ridge Mall, 6075 Winchester Road. The Christmas-themed circus production features contortionists, motocross stunts, dancers, animal acts and more. Tickets start at $16. Visit universoulcircus.com for details and showtimes.

more events »

Last Word: Visions of Black Helicopters, 'Extreme Body Rot' and Mall Nostalgia

A happy council day at City Hall to you and yours. I know this is probably a new and foreign tradition to most of you – the twice a month Memphis City Council meetings every other Tuesday. Or maybe you just don't think of the sessions in that way. This time of the year can be pretty mellow – a lull before what is really the biggest season at City Hall – budget season in the spring. But the council will be pretty busy Tuesday.

Trucking Technology Accelerates With Promise of Better Safety, Efficiency

The notion of thousands of electric and autonomous semitractor-trailers sharing the road with more traditional passenger vehicles may seem like a scene from a futuristic movie, but that future could be much closer than it seems.

TAG Truck Center Prepares to Open On Former Mall of Memphis Site

Just a few weeks before Tommy Earl’s and Gary Dodson’s new $30 million TAG Truck Center is to open at the old Mall of Memphis site on the 4400 block of American Way, Earl allows himself a moment of nostalgia.

GOVERNMENT

Extension of Council Term Limits Proposed

Earlier this year some Memphis City Council members and Shelby County Commissioners began talking about changing the limits of two consecutive terms in office that each legislative body has in place.

Elections, Term Limits, Assemblies Face Council

Memphis City Council members vote Tuesday, Dec. 5, on a move to repeal ranked-choice voting before it ever gets used. The body also talks about a proposed charter change that would raise council term limits from two consecutive terms to three and takes the first of three readings on changes to the ordinance that sets ground rules for parades, marathons and protests on city streets.

Dec. 5 Memphis City Council Agenda

The Memphis City Council will meet Tuesday, Dec. 5, at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for an agenda.

Holiday Toy Truck Fundraiser to Benefit Porter-Leath Kids

Nearly 6,000 at-risk children up to age 5 and who are served by Porter-Leath will have a merrier Christmas this year thanks to the 16th Annual Toy Truck Benefiting Porter-Leath and Bob & Roland’s 13th Annual Stumbling Santa Pub Crawl hosted by the Flying Saucer Downtown.

Memphis Professionals React to CVS-Aetna Deal

News coverage in the immediate aftermath of the announcement that drugstore giant CVS Health plans to buy health insurer Aetna for $69 billion focused on how it will change the country’s health care industry in a significant way. But much is still unclear.

Coalition Taps Green & Healthy Homes Initiative

Leaders from Memphis and Shelby County and representatives from nearly 25 partner organizations signed an agreement Thursday morning, Nov. 30, at the Benjamin L. Hooks Central Library in East Memphis to work together on Tennessee’s first Green & Healthy Homes Initiative (GHHI) led by the Baltimore-based organization.

REAL ESTATE RECAP

Spikner Plans Shipping-Container Apartment Complex

126 N Bellevue Blvd.,, Memphis, TN 38104  -
 Memphis businessman Fred Spikner of Spikner Enterprises LLC has submitted plans to the Memphis and Shelby County Board of Adjustment for an apartment complex made from shipping containers.

LOCAL COLUMNISTS

Two Issues Nonprofits Should Address Now

As we enter the last month of the year, there is a lot for nonprofits to consider, plan for and take action on. With this column we share news updates on #GivingTuesday and sexual harassment.

Making the Most of Generation IoT

A talk by Maciej Kranz, vice president of strategic innovations for Cisco Systems. This talk about connected things hails from the 2017 Back of Innovation Conference. What is most interesting is that while the connected home space is slow to adapt, the connected commercial, or B2B, space is adopting the Internet of Things at a dizzying rate. The presenter would know, as he is the vice president of strategic innovations at Cisco.

STATEWIDE

Analysis: Substance Abuse Annually Costs Tennessee Billions

NASHVILLE, Tenn. (AP) – An analysis has found that substance abuse annually costs Tennessee over $2 billion, with most of the cost attributed to lost income from people who have fallen out of the labor market.

REGIONAL NEWS

Arkansas Nursing Homes High in Medication Errors

LITTLE ROCK, Ark. (AP) – Federal statistics indicate that significant medication errors are discovered on average in one of every five of the state's 234 nursing homes.

US NEWS

Facebook's Sandberg Warns of Backlash Against Women

NEW YORK (AP) – Sheryl Sandberg warned of a potential backlash against women and urged companies to put into place clear policies on how allegations of sexual harassment are handled.

In Wake of Weinstein, Men Wonder If Hugging Women Still OK

LOS ANGELES (AP) – Steve Wyard thought he knew what sexual harassment looked like: a put-out-or-lose-your-job overture. Now he's not so sure.

NATIONAL BUSINESS

Q&A: $69B Aetna Bid Pushes CVS Deeper Into Consumers' Lives

A drugstore chain that used to hawk cigarettes behind the front counter now wants to offer nutrition advice and work with your doctor to keep you healthy.

GNC Cancels Funding Plans, Seeks Alternatives

NEW YORK (AP)GNC Holdings Inc. cancelled a sale of senior notes and its plans to borrow more as it considers other options to raise funds.

NATIONAL GOVERNMENT

Trump Signs Proclamation to Scale Back 2 National Monuments

SALT LAKE CITY (AP) – President Donald Trump signed a proclamation Monday to scale back two sprawling national monuments in Utah, pledging to "reverse federal overreach and restore the rights of this land to your citizens."

US ECONOMY

Economists Expect Modest Boost From Tax Cuts

WASHINGTON (AP) – Economists expect a tax overhaul to provide a modest boost to the U.S. economy but are increasingly worried that a rewrite of the North American Free Trade Agreement will take a toll on growth.

TECHNOLOGY

Facebook Launches Parent-Controlled Messenger App for Kids

NEW YORK (AP) – Facebook is coming for your kids. The social media giant is launching a messaging app for children to chat with their parents and with friends approved by their parents.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 55 55 20,821
MORTGAGES 44 44 24,405
FORECLOSURE NOTICES 0 0 8,610
BUILDING PERMITS 196 196 42,533
BANKRUPTCIES 55 55 13,957
BUSINESS LICENSES 22 22 6,423
UTILITY CONNECTIONS 56 56 13,567
MARRIAGE LICENSES 23 23 5,092

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