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VOL. 132 | NO. 138 | Thursday, July 13, 2017

Trump Nominates Norris, Parker to Memphis Federal Court Bench

President Donald Trump has nominated state Senate Republican Leader Mark Norris and Memphis attorney Tommy Parker to be the two newest judges in Memphis federal court, according to U.S. Senator Lamar Alexander of Tennessee.

County Commission Leans Back to $4.13 Tax Rate

Shelby County Commissioners took a step Wednesday, July 12, toward taking back a 3-cent cut in the county property tax rate.

Enough Expectations to Go Around as SEC Football Season Approaches

HOOVER, Ala. – The countdown to the start of the next college football season is now measured in weeks, not months. But at an event such as SEC Media Days, the future is always framed by the past.

Indie Memphis Announces Film Series Lineup

Indie Memphis has announced its film lineup for August, September and October for its “Indie Wednesday” film series featuring narrative and documentary films, classics, festival encores and short-film programs.

New Memphis Plans to Expand Programming for Millennials

Through the end of this month, the New Memphis Institute is continuing the yearly Summer Experience it hosts each year that’s comprised of free events for local and visiting college students and recent graduates, all with a view toward encouraging them to put down roots in Memphis.

Local Weather
Currently
Memphis, TN
80.0°F
A Few Clouds
Wind: South at 4.6 mph
Humidity: 87%

EVENTS

L’Ecole Culinaire will host its “Date Night: Tour of Foods From Napa” cooking class Friday, July 14, from 6 p.m. to 9 p.m. at L’Ecole, 1245 N. Germantown Parkway. Whether this is your first date or anniversary, this unique dining experience explores Napa wines and the foods that go with them. Cost is $95 per person; includes instruction, three-course meal and wine. Register at lecole.edu.

more events »

Additional Sanitation Workers May Get Benefits

The city of Memphis had 1,100 sanitation workers when the historic strike began in February 1968, with close to 1,000 of them walking off the job following the grisly deaths of two of their own trapped in the grinder of a garbage truck in East Memphis.

Last Word: Overton Gateway Talks, Norris of the Governor's Race and Coach O

Shelby County Commissioners have quite the disagreement going in several ways as they try to put another budget season in the books and let the ink dry. As we’ve reported, the commission approved a $1.2 billion county government budget Monday and there is no taking that back – at least as a budget. That now becomes an important detail because in committee sessions Wednesday in advance of next week’s meeting of the full commission, there were five votes to change the proposed county property tax rate from $4.10 to $4.13.

Memphis to Join Bloomberg’s ‘What Works Cities’ Initiative

Memphis is one of five new cities selected to join Bloomberg Philanthropies’ What Works Cities initiative, Major Jim Strickland’s administration announced Wednesday, July 12.

REAL ESTATE RECAP

Malco Pulls Additional Building Permit for Downtown Theater

Malco Theatres’ Downtown movie theater continues to take shape, with the Memphis-based cinema chain seeking its second multimillion-dollar building permit for the project in recent months.

VIEW FROM THE HILL

Legislature Losing Some Powerful, Familiar Members

A shakeup in leadership is looming for the state Legislature, though it may portend more of a change in personalities than party strength.

LOCAL COLUMNISTS

How to Avoid Digging With Spoons

Legend has it that well-known 20th-century economist Milton Friedman once visited a canal-building site in China where thousands of people were digging with shovels to complete the project. Friedman asked the foreman why they didn’t bring in heavy equipment to get the job done better and faster. The foreman told him that would put a lot of people out of work. “In that case, why not have them dig with spoons?” Friedman said.

Climbing Out When Stuck In Comfort Zone

We all have them. We often go there looking for safety, acceptance, understanding or just a sense of the familiar. Our comfort zones are natural, but living there can keep you from fulfilling your purpose in life. A comfort zone, if you burrow in too deep, can become a rut you get stuck in.

Facts All 69-Year-Olds Should Know About RMDs, Part 2

Editor’s note: This is the second in a two-part series. While many retirement plan participants know that they must take Required Minimum Distributions (RMDs) upon turning 70 1/2, they may not know that specific rules govern exactly how RMDs are distributed and how assets may be distributed to their beneficiaries. This second installment examines some of your potential options regarding designating beneficiaries and possibly avoiding RMDs altogether.

STATEWIDE

Loretta Lynn at Home After Stroke, Will Delay Next Album

NASHVILLE, Tenn. (AP) – Country legend Loretta Lynn is back at home after a stroke she suffered in May. Her new album will be delayed until next year and all her remaining tour dates this year have been canceled.

Reality TV Dad Pleads Guilty to Child Rape in Tennessee

NASHVILLE, Tenn. (AP) – The father of reality TV's "The Willis Family" has pleaded guilty to four counts of child rape.

SPORTS

Former Ole Miss Coach Nutt Files Civil Lawsuit vs. School

HOOVER, Ala. (AP) – Former Mississippi coach Houston Nutt has filed a civil lawsuit against the university and its athletics foundation, alleging a breach of his contract because of false statements he says school officials made during an ongoing NCAA investigation.

UA-Little Rock to Study Football Program, Marching Band

LITTLE ROCK, Ark. (AP) – The University of Arkansas at Little Rock says it will conduct a study on whether the school should add a football and marching band program.

US ECONOMY

Yellen Tells Congress to Expect More Rate Hikes

WASHINGTON (AP) – Federal Reserve Chair Janet Yellen told Congress on Wednesday that the central bank expects to keep raising a key interest rate at a gradual pace and also plans to start trimming its massive bond holdings this year.

Fed: US Growth Solid, Yet Not Fast Enough to Accelerate Pay

WASHINGTON (AP) – The U.S. economy grew at a steady pace in late May and June and hiring was solid, yet the improvements weren't enough to accelerate wage or price growth.

NATIONAL BUSINESS

Visa Looking to Help Small Businesses Go Cashless

NEW YORK (AP) – Visa is looking to push more small businesses into updating their digital payment technology, offering up to $10,000 each to 50 U.S.-based small business owners that are committed to going cashless.

TECHNOLOGY

ISPs Surprise Net Neutrality Fans on Protest Day

NEW YORK (AP) – AT&T has a surprise for tech firms and internet activists supporting net neutrality, the principle that bars internet service providers from playing favorites with websites and apps.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 93 391 11,969
MORTGAGES 108 424 13,940
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 628 25,016
BANKRUPTCIES 59 241 8,113
BUSINESS LICENSES 30 132 4,086
UTILITY CONNECTIONS 0 209 8,784
MARRIAGE LICENSES 10 68 2,984

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