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VOL. 132 | NO. 121 | Monday, June 19, 2017

Commercial Appeal Plans to Move, To Sell Union Property

The Commercial Appeal building and site at 495 Union Avenue is for sale, the newspaper announced Monday, June 19, on its website.

County Leaders Seek End to Juvenile Court Memorandum With Justice Department

The Shelby County government institutions that signed off on a 2012 agreement with the U.S. Department of Justice to overhaul Memphis-Shelby County Juvenile Court want to end what is left of the memorandum of understanding.

The Week Ahead: June 19-25

Hello, Memphis! Summer officially arrives in our Central time zone at 11:24 p.m. on Tuesday, according to The Old Farmer’s Almanac. Well, we know what summer in Memphis means – a heapin’ helpin’ of humidity. Stay cool with all these hot happenings in The Week Ahead...

Arlington Neighborhood Thriving Despite Investor Activity

The Village of Summer Meadows subdivision located off Milton Wilson Drive just north of Interstate 40, behind Arlington High School, is a hot spot for local investors and national hedge funds.

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.

Snapshot: All the News That's Fit to Wear

Model Lauren Everett wears a Memphis News-inspired gown designed by AJ Johnson. Johnson, who is also a photographer based in Jackson, Tenn., created the gown for a fashion editorial. (A. Johnson Photography)

Last Word: Centennial, Rental in Arlington and Monterey 50 Years Later

The county leaders whose entities signed onto the 2012 memo with the Justice Department that launched concentrated change at Juvenile Court want U.S. Attorney General Jeff Sessions to end the memorandum agreement. Word of the June 9 request came this weekend along with the disclosure in the letter that the Justice Department had dropped 17 items in the memo two months ago at the request of county leaders. The three areas left are the most debated of the problems the Justice Department found at Juvenile Court in a study and examination over several years that resulted in the scathing 2012 report and the memorandum that followed, avoiding a Justice Department move to federal court.

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.

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.

THE MEMPHIS NEWS

Century Mark

A new day and new faces for the Memphis Branch NAACP

During a visit to Memphis in April, Andrew Young was talking with reporters about his lengthy public history – being part of Dr. Martin Luther King’s inner circle, a congressman, mayor of Atlanta, U.S. Ambassador to the United Nations. It was as he talked about King’s death in Memphis that Young, without any prompting, talked about a trio of Memphis attorneys – Benjamin Hooks, Russell Sugarmon and A. W. Willis – that were the key to his and King’s efforts to get things done in Memphis and the surrounding region.

Editorial: Memphis NAACP And The Crucible

It’s hard to imagine a more perilous birth than the one that brought the Memphis Branch NAACP into the world a century ago.

June 16-22, 2017: This week in Memphis history

2008: The debut of The Memphis News, a weekly about “business, politics and the public interest” by The Daily News Publishing Co.

LAST WEEK'S MOST POPULAR

Wunderlich Securities Plans to Move HQ to One Commerce Square

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

Whitehaven Leaders Unveil New Economic Development Group

It’s been 10 months since Rev. Earle Fisher was among those turned away from Graceland’s annual candlelight vigil by Memphis Police in a reaction to possible protests at the vigil commemorating the anniversary of Elvis Presley’s death.

Curb Market Planning Mid-Week Opening in Crosstown Concourse

Locally owned grocery The Curb Market is set to open its doors this week at Crosstown Concourse, a return to the market’s midcentury roots when a previous incarnation served earlier generations of Memphians at roughly the same spot.

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.

Explore Bike Share Launching 600-Bike System in Memphis

Getting around in Memphis is about to get a whole lot easier, as Explore Bike Share has announced an agreement with B-Cycle to bring a 600-bike system to the Bluff City.

STATE GOVERNMENT

No More Tennessee Bills Pending on Haslam's Desk

NASHVILLE, Tenn. (AP) – Close the book on this year's legislative session in Tennessee: Gov. Bill Haslam has no more bills or resolutions awaiting his consideration.

REGIONAL NEWS

Mississippi Schools Plan Seeks to Double Proficiency Levels

JACKSON, Miss. (AP) – Mississippi's state Board of Education wants 70 percent of all students to perform proficiently on standardized tests under a new plan to comply with federal education legislation.

NATIONAL BUSINESS

Amazon Deal for Whole Foods Could Bring Retail Experiments

NEW YORK (AP) – Online retail giant Amazon is making a bold expansion into physical stores with a $13.7 billion deal to buy Whole Foods, setting the stage for radical retail experiments that could revolutionize how people buy groceries and everything else.

Walmart to Acquire Online Men's Clothing Retailer Bonobos

NEW YORK (AP) – Walmart is buying online men's clothing retailer Bonobos for $310 million in cash, showing that its appetite for hip clothing brands shows no sign of abating as it looks for ways to gain on Amazon.

Amazon CEO Bezos Looking to Give Away Some of His Fortune

WASHINGTON (AP) – Jeff Bezos wants to give away some his fortune, and he's looking for the public's help to figure out how to do it.

REAL ESTATE

Higher Prices Squeezing Both Renters and Would-Be Homeowners

A diminished supply of available homes is swelling prices in large U.S. metro areas from New York to Miami to Los Angeles, squeezing out would-be buyers and pushing up rents as more people are forced to remain tenants.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 78 342 10,184
MORTGAGES 73 374 11,888
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 412 1,028 21,997
BANKRUPTCIES 59 235 7,045
BUSINESS LICENSES 33 112 3,581
UTILITY CONNECTIONS 41 222 7,664
MARRIAGE LICENSES 14 89 2,552

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