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VOL. 132 | NO. 150 | Monday, July 31, 2017

St. Jude Signs Agreement to Commercialize New Vaccine

St. Jude Children’s Research Hospital and the Serum Institute of India have signed a licensing agreement to complete the development of and commercialize a St. Jude vaccine against the respiratory syncytial virus, a virus that causes serious lower respiratory infections.

Lakeland Cuts Ribbon On New Middle School

Lakeland officials cut the ribbon Sunday, July 30, on the city’s new $20-million Lakeland Middle Preparatory School before a larger than anticipated crowd of several hundred parents.

The Week Ahead: July 31-August 6

Hello, Memphis! It's time to wave goodbye to July and hello to August, and there's plenty to keep you busy this week. Check out our top picks, plus more you need to know about in The Week Ahead...

City Council Members Express Uncertainty, Doubt Over Instant Runoff Voting

Memphis City Council chairman Berlin Boyd questions why there should be runoff elections for the seven single-member district seats of the council.

Waddell Bullish in Mid-Year State of the Union

During David Waddell’s yearly “State of the Union” presentation to clients gathered earlier this year at Shelby Farms’ FedEx Event Center, “winning” and “economic growth” were the themes.

Local Weather
Memphis, TN
Wind: Calm mph
Humidity: 61%


Church Health will host a Living Life Deliberately: Mindfulness Meditation in Daily Life class Monday, July 31, at noon in the Church Health Meditation Chapel, 1350 Concourse Ave. Rob Dove from Rhodes College Counseling will discuss how to practice meditation in ways that foster the ability to live deliberately. Email slateryj@churchhealth.org with any questions.

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Last Word: 'Secular Stagnationists', CRE's Big Year in Memphis and Lakeland Prep

Protests over the weekend in Martyr’s Park and at the federal prison facility in Mason, Tennessee for those rounded up in the ICE – Immigration and Customs Enforcement -- raids here in Memphis that began a week ago. Latino Memphis is also offering legal advice to those who believe they may be caught up in the new push. There are also several efforts to support families that find mothers and/or fathers in federal custody in the sweeps. And over the weekend, Memphis Police issued an arrest warrant for a bounty hunter who turned up on YouTube video in an apartment complex with a large Latino tenant base wearing some kind of badge and vest.

New Tiger Guard Kareem Brewton all about Slashing and Scoring

Growing up, guard Kareem Brewton remembers watching the University of Memphis play via a small television in his kitchen. Well, actually, he doesn’t recall much about John Calipari’s team – that those Tigers could play lockdown defense was news to him – but he remembered how dazzled he was by Derrick Rose.

Alexander, Corker Look Beyond ‘Skinny Repeal’; Cohen Rant Goes Viral

Tennessee’s two U.S. senators see the failure of the “skinny repeal” health care bill in the Senate as a missed opportunity.


Snapshot: Bringing Down an Era

Construction crews are demolishing apartment buildings in the Foote Homes public housing development in South Memphis, the last of the city’s old public housing projects to be razed. When completed, 712 new mixed-income housing units – apartments, single-family homes and senior housing – will replace Foote Homes.


Should Children Play Football?

NFL chief medical officer, Vanderbilt doc says yes; growing number of parents say no

It was the second concussion that made the decision an easy one for Brentwood parent Chris Hulshof. His son, Alex, had suffered his first concussion playing football as an 11-year-old, but Hulshof had been willing to give things a second chance, reasoning that the concussion had been a fluke play that wasn’t likely to occur again.

Marching Band to NFL: Vanderbilt Doctor’s Unlikely Path

When the NFL sought a worthy selection for the first chief medical officer in league history, it turned its eyes to Vanderbilt University Medical Center.


Fully Loaded

Industrial market sets tone, but all commercial sectors rising in Memphis MSA

It’s almost like the first half of 2017 was a decade in the making, at least when it comes to commercial real estate. Throughout all four major sectors of the Memphis-area commercial real estate market – industrial, office, retail and multifamily – figures are consistently reaching or exceeding pre-recession marks.

Editorial: Culture of Planning Comes With Questions

We don’t have all the cranes that Nashville has. But there’s a lot of construction and movement underway in the Memphis region’s various commercial real estate sectors.

July 28-August 3, 2017: This week in Memphis history

1975: The Peabody Hotel is sold out of receivership at auction for $400,000 – with another $140,000 for its belongings – to secret bidders through attorney Raymond Shainberg. The only other bid is $100,000 from Robert “Prince Mongo” Hodges.


Gillette Out, ServiceMaster to Spin Off Unit

To Memphians, Rob Gillette is the ServiceMaster Global Holdings Inc. leader who moved the company’s headquarters from East Memphis to Downtown and put the old Peabody Place Mall back in use.

Developers Lay Out Latest Plans for Proposed Midtown Gated Community

In a quiet room inside of his Midtown architecture firm, Lee Askew of ANF Architects presented the latest incarnation of his plans to turn the former Red Cross building at the corner of Central Avenue and Mansfield Street into a 12-unit luxury gated community.

Developer Pursues New Cooper-Young Apartment Complex

A Los Angeles-based developer has submitted plans to construct a 25-unit apartment complex in the heart of Cooper-Young.

Malco Theatres Moves Forward With Adjusted Powerhouse Cinema Plans

The Malco Powerhouse Cinema proposed for Downtown’s South Main Historic Arts District is still a go, despite delays that have already pushed it well past its expected opening day.

U of M Grads Say Bye to Student Loan Debt

Student loan debt looms large for most college graduates, but one local professional has created a system to knock out $150,000 in student loans in five years, and he wants to put those tools in the hands of a generation that is struggling toward financial freedom.


Man Sentenced to 25 Years in Memphis Officer Shooting

MEMPHIS, Tenn. (AP) – A judge sentenced a Tennessee man to 25 years in federal prison Friday on charges connected to the fatal shooting of a police officer in 2015.


Driver in Deadly School Bus Crash Faces 21 More Charges

CHATTANOOGA, Tenn. (AP) – The driver in a Tennessee school bus crash that killed six elementary school students in November now faces 21 additional charges.

Tennessee's Abortion Laws at Risk in Quirky Vote Count Case

NASHVILLE, Tenn. (AP) – The future of abortion access in Tennessee hinges on a quirky court case that's about vote counting, not women's reproductive health rights.

Tennessee Tourism Launches New Website to Recruit Retirees

NASHVILLE, Tenn. (AP) – Tennessee tourism officials are launching a website that aims to recruit retirees to settle down in the state.


$14M Industrial Park Approved for Eastern Mississippi County

STARKVILLE, Miss. (AP) – Leaders in a northeast Mississippi county have issued a combined $14 million in bonds to pay for a nearly 400-acre (162-hectare) industrial park.


US Economy Expanded at Stronger 2.6 Percent Rate in Q2

WASHINGTON (AP) – The U.S. economy revved up this spring after a weak start to the year, fueled by a surge in consumer spending. But the growth spurt still fell short of the optimistic goals President Donald Trump hopes to achieve through tax cuts and regulatory relief.

US Employment Costs Grew Slower in Second Quarter

WASHINGTON (AP) – Wages and benefits paid to U.S. civilian workers grew more slowly in the second quarter.


Obama-Era Retirement Savings Program for Workers Gets the Ax

NEW YORK (AP) – A savings program put into place under President Barack Obama and designed to get more people to put away money for retirement is being killed by the Treasury Department, which said it is too costly to maintain.


FDA to Target Addictive Levels of Nicotine in Cigarettes

For the first time, the federal government is proposing cutting the nicotine level in cigarettes so they aren't so addictive.

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BUILDING PERMITS 194 315 32,829
BANKRUPTCIES 57 116 10,129

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