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VOL. 132 | NO. 242 | Thursday, December 7, 2017

Richard Smith Talks PILOT Reform at Chamber Luncheon

Richard Smith, president and CEO of FedEx Trade Networks and the incoming chairman of the board for the Greater Memphis Chamber, is calling on industry leaders to reimagine Shelby County's tax incentive programs.

Ford Fired By Morgan Stanley In Harassment Investigation

Former U.S. Rep. Harold Ford Jr. has been fired from Morgan Stanley following a company investigation into allegations he harassed, intimidated and forcibly grabbed a woman he met with several years ago, according to Huffington Post.

Germantown Mayor Calls for Multifamily Moratorium

In the waning minutes of the Germantown Planning Commission’s Tuesday, Dec. 5, meeting, Germantown Mayor Mike Palazzolo proposed a moratorium on all new standalone multifamily developments in the suburb’s Smart Code zoning districts.

Sedgwick to Acquire London-Based Claims Management Firm

Memphis-based Sedgwick Claims Management Services Inc. has made an acquisition that expands the company’s international footprint.

Bredesen Joins Race for Corker's Senate Seat

NASHVILLE, Tenn. (AP) – Former Gov. Phil Bredesen, the last Democrat to win a statewide election in Tennessee, touted his problem-fixing credentials on Thursday, Dec. 7, in announcing his bid to succeed Republican Bob Corker in the U.S. Senate.

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

Tennessee Shakespeare Company will stage Samuel Beckett’s “Waiting for Godot” Thursday, Dec. 7, through Dec. 17 at Dixon Gallery & Gardens’ Winegardner Auditorium, 4339 Park Ave. Visit tnshakespeare.org for showtimes and tickets.

more events »

Worth the Wait

Memphis Tigers in AutoZone Liberty Bowl for first time

Just since 1995, the University of Southern California has stayed home to play in the Rose Bowl more than a half-dozen times. Steve Ehrhart, executive director of the AutoZone Liberty Bowl, couldn’t help but look at that with a bit of envy.

Last Word: Bredesen Runs, Germantown Moratorium, Monsanto Fights Dicamba Ban

The big reveal at the Greater Memphis Chamber’s annual luncheon Wednesday, at least for me – Dale Watson lives in Memphis now. The Americana musician, producer and author was among the performers at the Peabody and he had a bit of trouble getting the group of 700 business and political leaders to sing along with the refrain of one of his most popular tunes – “I Lie When I Drink and I Drink A Lot" -- with at least a dozen video cameras panning the room. But he continued on without audience participation. Other entertainment highlights featured Memphis Mayor Jim Strickland as the voice of Amazon’s Alexa.

‘Disgusted’ SCS Vows to Change Culture

An independent investigation that confirmed grade-changing allegations at Trezevant High School in a “systemic pattern” points to a “culture” of improprieties in the school system, several Shelby County Schools board members said Tuesday, Dec. 5.

RCV Goes To Ballot, Term-Limit Change May Join It

Memphis City Council members gave final approval Tuesday, Dec. 5, to a November 2018 referendum that would repeal the use of ranked-choice voting (RCV) in some city council races starting with 2019 city elections.

Fred’s Reports $51.8M Loss, Cancels Dividend

Memphis-based discount retailer Fred’s Inc. accompanied the release of its fiscal third quarter earnings performance Wednesday, Dec. 6 – which included reporting a loss of $51.8 million for the quarter – with separate, related news that shows the company’s turnaround remains a difficult work in progress.

Multifamily Containers Next on Entrepreneur’s List

Whether it’s employing folks from the neighborhood at his South Memphis recycling facility or helping clean up the city, Fred Spikner loves making Memphis a better place one small step at a time.

LOCAL COLUMNISTS

Gift Ideas For Travelers

Do you have a travel lover to shop for this holiday season? It’s pretty easy to find great lists of gifts for travelers online that recommend all the latest gadgets, trendy pieces of luggage and nifty home décor with a travel theme. Some of the suggestions aren’t that practical, like the custom map cufflinks for $200 I came across.

Healthy Employees Key to a Healthy Business

Ask me how healthy a business is and my answer will usually be: “About as healthy as its team members.”

MEMPHIS AREA

Grizzlies' Gasol Fined for Profanity During TV Interview

NEW YORK (AP) – Grizzlies center Marc Gasol has been fined $15,000 by the NBA for using a profanity during a live television interview.

STATEWIDE

Source: Former Tennessee Gov. Bredesen Running for Senate

NASHVILLE, Tenn. (AP) – Former Tennessee Gov. Phil Bredesen has been calling potential donors to let them know he plans to join the race to succeed Republican Bob Corker in the U.S. Senate.

Tennessee Officials Settle for $81K in Inmate Program Suit

NASHVILLE, Tenn. (AP) – Tennessee officials are settling a lawsuit for almost $81,000 over claims that an inmate coaching program was improperly religious.

Tennessee Feels Effects of Christmas Tree Shortage

KNOXVILLE, Tenn. (AP) – A Tennessee region has not been immune to the effects of a nationwide Christmas tree shortage, which is driving up costs and potentially endangering future years' supply.

REGIONAL NEWS

Toolmaker to Hire 660, Invest $33.4M in 3 Mississippi Cities

GREENWOOD, Miss. (AP) – Milwaukee Tool will add 660 jobs overall at three Mississippi locations, investing $33.4 million to make and distribute more power tools.

Monsanto Moves to Stop Arkansas From Banning Weed Killer

LITTLE ROCK, Ark. (AP) – Monsanto asked a judge Tuesday to prevent Arkansas from enforcing a proposal going before lawmakers next week that would ban the use of a weed killer that farmers in several states have said drifts onto their crops and causes widespread damage.

SPORTS

Arkansas Hires SMU's Chad Morris as New Football Coach

FAYETTEVILLE, Ark. (AP) – Arkansas has hired SMU's Chad Morris as the new football coach.

Rivals Manning, Spurrier Enter College Hall of Fame Together

NEW YORK (AP) – After the class picture of the latest Hall of Fame inductees was taken, Peyton Manning made his way over to Steve Spurrier for another handshake and some chit-chat before heading off in opposite directions to do media interviews.

NATIONAL BUSINESS

UnitedHealth Ventures Deeper Into Care With Nearly $5B Deal

The nation's biggest health insurer is spending nearly $5 billion to buy hundreds of clinics, just three days after rival Aetna announced a bigger tie up with CVS Health Corp.

NATIONAL GOVERNMENT

Trump Says Government Shutdown Possible, Blames Democrats

WASHINGTON (AP) – President Donald Trump warned Wednesday that a government shutdown was possible this weekend because Democrats were demanding to have "illegal immigrants pouring into our country," tossing incendiary rhetoric onto a partisan showdown that had been showing signs of easing.

Trump's Attacks Put New FBI Director in Tough Spot

WASHINGTON (AP)Christopher Wray faces a tough test four months into his leadership of the FBI: He must defend America's top law enforcement agency against blistering attacks from President Donald Trump without putting his own job at risk.

Source: Former Tennessee Gov. Bredesen Running for Senate

NASHVILLE, Tenn. (AP) – Former Tennessee Gov. Phil Bredesen has been calling potential donors to let them know he plans to join the race to succeed Republican Bob Corker in the U.S. Senate.

Bredesen Joins Race for Corker's Senate Seat

NASHVILLE, Tenn. (AP) – Former Gov. Phil Bredesen, the last Democrat to win a statewide election in Tennessee, touted his problem-fixing credentials on Thursday, Dec. 7, in announcing his bid to succeed Republican Bob Corker in the U.S. Senate.

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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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