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VOL. 132 | NO. 120 | Friday, June 16, 2017

Wunderlich Seeks $100K Improvement Grant for One Commerce Move

Wunderlich Securities Inc. is seeking a $100,000 grant from the Center City Development Corp. for the coming move of its headquarters to One Commerce Square.

Ole Miss Buys Baptist Hospital in $22 Million Deal

Ole Miss is buying Baptist Memorial Hospital-North Mississippi for $22 million, the university announced Thursday, June 15.

Vaughan Wins State House District 95 Seat

Collierville school board member Kevin Vaughan is the newest member of the Shelby County delegation to the Tennessee Legislature.

Pardue, Benjamin Claim Seats at Arlington Filing Deadline

One of the four races for alderman in Arlington this September was decided at the Thursday, June 15, noon deadline for candidates to file, as was one of the three school board races.

Wunderlich Securities Moving Downtown

Wunderlich Securities Inc. is preparing to move its corporate headquarters from East Memphis, where the investment firm employs 110 people, to Downtown’s One Commerce Square.

Local Weather
Currently
Memphis, TN
86.0°F
Thunderstorm Light Rain
Wind: East at 11.5 mph
Humidity: 77%

EVENTS

Memphis Juneteenth Urban Music Festival will be held Friday, June 16, through Sunday, June 18, in Robert R. Church Park, at Beale and South Fourth streets. The festival will feature live music, vendors senior activities, kids zone and more. Admission is free. Visit memphisjuneteenth.com for a schedule.

more events »

ServiceMaster Opens ‘Ground Floor’ Innovation Center Downtown

The Ground Floor, ServiceMaster’s 20,000-square-foot innovation center located in the former home of Tower Records, formally opened Thursday, June 15 – marking the first completed phase of the Memphis-based company’s Downtown relocation.

The Case for Ground Floor Innovation

ServiceMaster wanted to open an innovation center partly for “self-serving” reasons, the company’s chief information officer said during a panel discussion Thursday, June 15, that marked the inaugural event in ServiceMaster’s new innovation space the “Ground Floor.”

Last Word: Bar-Kays & ConFunkShun, Suburban Politics and Tom Bowen's 5 Years

The Bar-Kays and ConFunkShun -- there’s a double shot of the deepest funk from the 1970s and 1980s. And they are together again Friday at the Cannon Center for the Juneteenth Urban Music Festival. It is also Larry Dodson’s last hometown show fronting The Bar-Kays.

Whitehaven Unveils New Development Direction

It’s been 10 months since Rev. Earle Fisher was among the individuals turned away from Graceland’s annual candlelight vigil by Memphis police in a reaction to possible protests at the event.

SPORTS

Facilities, Football Fever Growing At the University of Memphis

Somewhere, in a long-ago Division I sports galaxy far away, an athletic director could catch his breath after his college baseball team made its last out and before his football team started practice. Not so much now.

For Grizzlies, a New Chapter About to Begin

The June 22nd NBA Draft will tip off without the Memphis Grizzlies. At least that’s the case almost one week out. The Grizzlies have no picks.

Finals Run Gives Predators Look at Young Talent

As if the Nashville Predators’ march to the Stanley Cup Final wasn’t riveting enough on its own, the journey has also provided fans with some unexpected glimpses into the team’s future.

SEC Baseball Vanderbilt’s Toughest Year Comes Up Short

When the Vanderbilt baseball team finished its season one step short of its goal – the College World Series – there was a sense of profound disappointment for the Commodores.

THE TIPPING POINT

Drake Sculpts Community Through Art

A local artist’s photographs of brightly hued objects – a yellow toy school bus, a crystal owl, a glistening caramel – line the long gallery hall. At a small table near the end of this candy-colored array sits Chantal Drake, communications director at Dixon Gallery and Gardens. To her right, a doorway opens into the Dixon’s collection of antique pewter vessels.

LOCAL COLUMNISTS

Match Game: Employer Matching Funds

Ray’s Take: I am amazed at how many times when I ask people how much they are contributing to their 401(k) the answer comes back, “Whatever the match my company gives is – I love free money!” There’s a much better way to make that decision, but that is a topic for another column. There are a number of reasons companies offer some form of match and they may not all be charitable.

Sharing Yards and Roots

ROOTS AND MONKEY GRASS. So I’m waiting in line at Booksellers to get my high school classmate, Cary Fowler, to sign my copy of his new book when a moment of quintessential Memphis broke out.

MEMPHIS AREA

Coast Guard Suspend Search for 3 On Mississippi River

MEMPHIS, Tenn. (AP) – The Coast Guard says it has suspended a search for three boaters on the Mississippi River near Memphis, Tennessee.

STATEWIDE

Gov. Haslam Vows to Stay on Sidelines of Race to Succeed Him

NASHVILLE, Tenn. (AP) – Gov. Bill Haslam won't endorse any of the Republicans seeking the nomination to succeed him, but said he has spoken to several potential candidates about the emotionally taxing nature of a running a statewide campaign in Tennessee.

Report: Heart Disease Down for Tennessee Men Over a Decade

NASHVILLE, Tenn. (AP) – A Vanderbilt University report says heart disease death rates have dropped in Tennessee men over a decade.

EDUCATION

The End of the Valedictorian? Schools Rethink Class Rankings

LANCASTER, N.Y. (AP) – At many American high schools, the graduation-day tradition of crowning a valedictorian is becoming a thing of the past.

VW Names New Head of US Plant, Changes Reporting Structure

CHATTANOOGA, Tenn. (AP) – Volkswagen has named a new head of its lone U.S. assembly plant and will have the position report to the CEO of its American operations rather than directly to headquarters in Germany.

REGIONAL NEWS

Jackson State to Cut Budget and Borrow Money to Aid Finances

JACKSON, Miss. (AP) – Jackson State University will cut its next budget by nearly 8 percent and borrow $6 million as it continues to work through financial difficulties

NATIONAL BUSINESS

Nike to Slash 1,400 Jobs, Cut Sneaker Styles in Shakeup

NEW YORK (AP) – Nike wants to be more nimble on its feet.

Sale on Milk and Eggs: Kroger Cuts Outlook Amid Price Fight

NEW YORK (AP) – Intense competition among grocers is forcing Kroger to slash prices on popular items like milk and eggs – staples that help sway where shoppers go.

NATIONAL GOVERNMENT

Trump Orders More Cash, Industry Input, for Apprenticeships

WASHINGTON (AP) – President Donald Trump on Thursday ordered more money and a bigger role for private companies in designing apprenticeship programs meant to fill some of the 6 million open jobs in the U.S.

The Case for Ground Floor Innovation

ServiceMaster wanted to open an innovation center partly for “self-serving” reasons, the company’s chief information officer said during a panel discussion Thursday, June 15, that marked the inaugural event in ServiceMaster’s new innovation space the “Ground Floor.”

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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 241 869 25,257
BANKRUPTCIES 63 245 8,117
BUSINESS LICENSES 30 132 4,086
UTILITY CONNECTIONS 42 251 8,826
MARRIAGE LICENSES 10 68 2,984

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