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VOL. 132 | NO. 178 | Thursday, September 7, 2017

Kemmons Wilson Co. Subsidiary to Merge with International Hotel Developer

Wilson Hotel Management, a subsidiary of Kemmons Wilson Co., will merge with Valor Hospitality Partners, an international hotel developer with headquarters in Atlanta, Georgia, and London, England. And the new company's headquarters will be in Atlanta and London with an office in Memphis.

Strickland to Make Bid for New Amazon HQ

Hours after Amazon.com announced its plans to open a second North American headquarters, Memphis Mayor Jim Strickland said Memphis will be putting its name in the hat.

Fred’s Reports $29M Loss, Names New Board Chair

Heath Freeman, president of New York-based investment firm Alden Global Capital, once blasted what he saw as “abysmal business decision-making” and a “country club environment in the executive suite and boardroom” at Memphis-based discount retailer Fred’s Inc.

Names and Faces Change, Redbirds Keep Winning

Who’s on first? Or for that matter, at second base and shortstop, catching, in the outfield, and coming in from the bullpen?

Historic Grand Carousel, New CMOM Pavilion Slated for November Debut

The highly anticipated return of the Grand Carousel – a popular attraction for years at Libertyland, the shuttered amusement park – is on schedule with a grand opening expected in about two months at the Children’s Museum of Memphis.

Local Weather
Currently
Memphis, TN
76.0°F
Fair
Wind: Southwest at 5.8 mph
Humidity: 85%

EVENTS

Memphis Opportunity Scholarship Trust (MOST) will host a Fundraising Feast for Kids’ Scholarships on Thursday, Sept. 7, from 11 a.m. to 9 p.m. at Mosa Asian Bistro, 850 S. White Station Road. A portion of sales benefit MOST, which provides need-based scholarships to Memphis-area students. Mention MOST at check-out. Visit memphisscholarships.org for details.

more events »

Graceland Says New Arena Not Competition For Forum

The managing partner of Graceland Holdings LLC says the plan for a new $40 million  to $50 million Whitehaven arena with 5,000 to 6,000 seats isn’t to compete with any venue in Memphis and Shelby County.

Memphis Moves Closer to Confederate Statue Removal

The Memphis City Council has passed the first of three votes on a resolution that declares Confederate statues on city-owned property public nuisances and sets up a framework for the city to remove those statues even without approval from the state.

Last Word: Back From Jury Duty, ASD Changes and Southern Heritage Classic Is Here

Back from a very short-lived jury duty on a short week for the courts – criminal and civil. Even a slow week at the Criminal Justice Center is a learning experience about not only our criminal justice system but also the Constitutional framework that puts those notices in the U.S. mail and results in several hundred citizens at a time showing up in a jury assembly room after the adventure of trying to find parking Downtown.

Anderson Leaving as ASD Superintendent

Malika Anderson is stepping down as superintendent of the state-run Achievement School District effective at the end of September after being with the turnaround school district for the state’s lowest-performing schools since its inception in 2012 and as superintendent since January 2016.

Tigers' Ferguson Aims to Get Back on Track

Editor's note: The University of Memphis football game that was to be played Friday, Sept. 8, at UCF in Orlando has been canceled in response to Hurricane Irma. Details here.

Agricenter’s Sunflower Trail Makes Official Debut

More than 30 years after its conception, the Agricenter Sunflower Trail finally enjoyed a ribbon-cutting ceremony Tuesday, Sept. 5, on the grounds of Agricenter International. Work started on both ends of the Greenprint-certified trail, which was one of the first in Shelby County, back in the mid-1980s.

Bluff City High School Another First in Educational Transition

Following a lull in historic firsts in public education in Shelby County – the launch of the state-run Achievement School District, school consolidation and then the demerger into seven school districts – another historic event took place last month in Hickory Hill that flew well under the radar.

VIEW FROM THE HILL

‘Divisive Symbols’: Mississippi Case Offers Hope for Forrest Bust Removal

State Sen. Lee Harris is encouraged by the U.S. Supreme Court’s request for the state of Mississippi to respond to a lawsuit seeking to remove the Confederate battle flag from its state flag.

LOCAL COLUMNISTS

Top US Fall Destinations

Fall is my favorite time of year. The cooling temperatures, changing colors and football season all combine to make for a fun time of year.

MEMPHIS AREA

Members of Army Corps in Memphis to Help With Hurricanes

MEMPHIS, Tenn. (AP) – Two teams of people from the Memphis district of the Army Corps of Engineers have been deployed to help with hurricane recovery and planning.

STATEWIDE

Federal Utility: Coal Ash Removal Would Take 24 Years

NASHVILLE, Tenn. (AP) – A federal utility says it would take 24 years to excavate and move a Tennessee power plant's coal ash under court orders that it still might appeal.

SPORTS

Tennessee WR Jauan Jennings Out Indefinitely With Injury

KNOXVILLE, Tenn. (AP) – Tennessee coach Butch Jones says that injured wide receiver Jauan Jennings is out "indefinitely."

NATIONAL GOVERNMENT

House Overwhelmingly Passes $7.9 Billion Harvey Aid Bill

WASHINGTON (AP) – The House on Wednesday overwhelmingly passed $7.9 billion in Hurricane Harvey disaster relief as warring Republicans and Democrats united behind help for victims of that storm as an ever more powerful new hurricane bore down on Florida.

House Passes Bill to Speed Deployment of Self-Driving Cars

WASHINGTON (AP) – The House voted Wednesday to speed the introduction of self-driving cars by giving the federal government authority to exempt automakers from safety standards not applicable to the technology, and to permit deployment of up to 100,000 of the vehicles annually over the next several years.

Fed Vice Chairman Fischer to Resign for 'Personal Reasons'

WASHINGTON (AP) – Federal Reserve Vice Chairman Stanley Fischer will resign next month for personal reasons, leaving a fourth vacancy on the seven-member Fed governing board.

NATIONAL BUSINESS

Kohl's to Open Amazon Shops Inside Some of Its Stores

NEW YORK (AP) – Kohl's said Wednesday that it will open up Amazon shops in 10 of its stores, making it the latest department store operator to make a deal with the e-commerce giant.

McDonald's to Bring Bottled McCafe Drinks to Store Shelves

NEW YORK (AP) – McDonald's said Wednesday that it will sell bottled McCafe drinks at supermarkets and other stores early next year, following in the footsteps of coffee rivals Starbucks and Dunkin' Donuts.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 83 223 16,103
MORTGAGES 62 207 18,599
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 323 32,794
BANKRUPTCIES 66 187 10,687
BUSINESS LICENSES 28 86 5,172
UTILITY CONNECTIONS 37 127 11,344
MARRIAGE LICENSES 15 75 3,848

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