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VOL. 132 | NO. 33 | Wednesday, February 15, 2017

CCDC Approves Grants for Downtown Apartments, Public Art Project

Wessman Development’s plans to convert a long-vacant historic building in Downtown Memphis into luxury apartments, a high-end basement bar and coffee shop took another step forward Wednesday, Feb. 15.

Hopson Groups 19 Schools for 'Critical Focus'

Nineteen Shelby County schools are getting a second chance at improving student achievement that could include a longer school day, an intervention specialist and other measures seen at Innovation Zone schools in the SCS system.

Panel OKs Downtown Project, Midtown Changes

The Center City Revenue Finance Corp. approved two Downtown projects and changes for Belz Enterprises mixed-use development at Union Avenue and McLean Boulevard in Midtown on Tuesday, Feb. 14.

Women in Business Took Different Paths to Leadership

Once Lori Spicer Robertson had determined she wasn’t going into medical school, she shifted to a graduate business program at the University of Florida. She got an internship with a trade association for nurses in Washington, and then worked in public affairs and as a web master.

Snapshot: Serving Up the Memphis Open

South Africa’s Kevin Anderson competes in a singles match against Damir Dzumhur representing Bosnia and Herzegovina Monday at the Memphis Open. The tournament field is wide open this year as Kei Nishikori is not defending his title. The top U.S. contender is John Isner, who was ranked 19th in the world in the Emirates ATP rankings as of Jan. 2. Isner was a 2010 Memphis Open finalist. Also in the field is American Taylor Fritz, No. 76 in the world and last year’s runner-up.

Local Weather
Currently
Memphis, TN
69.0°F
Partly Cloudy
Wind: West at 10.4 mph
Humidity: 39%

EVENTS

Fisher Phillips Memphis attorney Rob Ratton will present a seminar titled “When Employees Walk Out With More Than Memories” Thursday, Feb. 16, from 8 a.m. to 10 a.m. at the Greater Memphis Chamber, 22 N. Front St., suite 200. Ratton will present strategies and legal tools needed to protect your business when the star employee decides to play for the other team. Cost is $25. Email atasman@fisherphillips.com for details.

more events »

Last Word: Lovell's Fall, Critical Focus Debut and Super Lice

That didn’t last long – the political career of state Representative Mark Lovell. About six weeks into a two-year term of office six months after he upset veteran Republican state Rep. Curry Todd, Lovell resigned Tuesday in Nashville. But the Legislature probably isn’t done with him yet. Even if it turns out the Legislature is done in terms of dealing with him directly, it will probably be talking about him for longer than the six weeks he was a legislator.

Culinary Medicine Takes Center Stage

Church Health is ramping up its culinary medicine efforts as it prepares to move to Crosstown Concourse in the coming weeks, efforts that include forming an advisory board to help spread the word about culinary medicine in Memphis.

Farm and Fries Restaurant Gets OK to Begin Construction

The Germantown Board of Mayor and Aldermen has voted to approve a development agreement for MW Ventures to move forward with the construction of a restaurant called Farm and Fries.

New Dehydration Treatment Putting The Squeeze on Strain of Super Lice

An epidemic of head lice called “super lice” has invaded 48 states this winter, including Tennessee. This special strand of head lice earned its nomenclature because it is resistant to pyrethroids, synthetic pesticides used in over-the-counter lice treatments.

CA Moves Printing To Jackson In April

The Commercial Appeal will no longer be printed in Memphis starting in April.

MEMPHIS NEWSMAKERS

Criswell Take Reins As MAAR Board President

Tommie Criswell has begun her yearlong tenure as president of the Memphis Area Association of Realtors’ board of directors. Criswell has actively volunteered with MAAR for more than 20 years. At Crye-Leike East Memphis, where she serves as broker/manager, she focuses on residential real estate along with some commercial real estate sales. 

TENNESSEE LEGISLATURE

Lovell Resigns Tennessee House Seat, Democrats Seek Probe

NASHVILLE – House Democrats are calling for a probe into the sudden resignation of first-term Rep. Mark Lovell, who denies being involved in sexual misconduct as he leaves the state Legislature after just one month.

Flurry of Bills Affecting LGBT Community Filed in State Legislature Before Deadline

NASHVILLE – Tennessee lawmakers met last Thursday’s legislation-filing deadline with a host of social measures one Memphis representative describes as “wedge bills” because they drive people apart.

Sara Kyle, Clemmons Push Alternative Fuel-Tax Bill

NASHVILLE – State Sen. Sara Kyle of Memphis and Nashville Rep. John Ray Clemmons are pushing a plan to raise fuel taxes for transportation funding, similarly to Gov. Bill Haslam’s, but also to give local governments more options for bringing in their own money for mass transit.

Lawmakers OK New Board Appointments at 6 Public Universities

NASHVILLE, Tenn. (AP) – The House and Senate have approved Gov. Bill Haslam's nominations for new boards for six public universities.

LOCAL COLUMNISTS

Avoid Business Crisis With Plan

Natural disasters, bankruptcy, insider trading, bad social media reviews, product recalls and the like are certainly what initially comes to mind when you think of a crisis that could strike and devastate your business. Then you think to yourself – what is the likelihood that any of those things will really happen to me?

Opposing Views at Work

2017 has certainly started off on an interesting foot. I don’t know about you, but social media used to be a relaxing activity where I learned about engagements, saw baby photos and watched cat videos. Lately, it’s filled with opposing views and tension – on all sides of every issue. It’s exhausting. 

STATEWIDE

Free Legal Clinics to be Held Around Tennessee

NASHVILLE, Tenn. (AP) – The Tennessee Supreme Court has announced that free legal clinics will be held around the state to help citizens who find themselves in need of a lawyer's advice on matters outside criminal law. It's all part of the court's initiative known as Access to Justice, a program aimed at helping a growing number of people find assistance when they can't afford an attorney.

US ECONOMY

Yellen Expects Gradual Pace for Hikes But Sees Risk in Delay

WASHINGTON (AP) – Federal Reserve Chair Janet Yellen said Tuesday that the central bank still expects to raise interest rates gradually this year. But she said the Fed also recognizes the dangers of waiting too long to tighten credit.

US Wholesale Prices Rose in January, Led By Gasoline

WASHINGTON (AP) – Higher costs for gasoline costs helped fuel a rise in U.S. wholesale prices in January, but overall inflation still appears to be in check.

NATIONAL GOVERNMENT

Senate Confirms Former Wrestling Exec McMahon to Lead SBA

WASHINGTON (AP) – In a rare display of bipartisanship, the Senate on Tuesday confirmed former wrestling entertainment executive Linda McMahon to lead the Small Business Administration as part of President Donald Trump's cabinet.

HEALTH CARE

Aetna, Humana Call Off $34 Billion Deal

INDIANAPOLIS (AP) – Major health insurers Aetna and Humana called off their $34 billion combination after a federal judge, citing concerns about prices and benefits, rejected the deal.

Company Announces Pause for Drug After Price Criticism

WASHINGTON (AP) – Marathon Pharmaceuticals announced Monday that it will temporarily halt the rollout of a drug to treat genetic muscle deterioration just hours after two members of Congress expressed outrage that the company planned to charge $89,000 a year for a drug that's widely available abroad for about $1,000 a year.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 128 128 17,998
MORTGAGES 155 155 20,990
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 149 149 36,765
BANKRUPTCIES 60 60 11,985
BUSINESS LICENSES 19 19 5,696
UTILITY CONNECTIONS 49 49 12,297
MARRIAGE LICENSES 40 40 4,518

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