VOL. 133 | NO. 28 | Wednesday, February 7, 2018
PMT Investments LLC, a newly formed business partnership between Aaron Petree, Cliff McLemore and Ed Thomas III, is seeking an 11-year tax abatement to construct a 16-unit apartment building on the periphery of Overton Square.
A local investment group is seeking a nine-year tax break from the Downtown Memphis Commission to construct a new mixed-use building where the Downtown Blue Monkey once stood at 529 Front St.
Citing a lack of funding, The Memphis Area Transit Authority and the City of West Memphis will terminate bus service to West Memphis effective Saturday, March 31.
Memphis City Council members approved gas and electric rate hikes Tuesday, Feb. 6, for Memphis Light Gas and Water Division effective in July.
In an effort to encourage residential infill and density beyond the confines of Downtown and Midtown, new legislation is making its way through the Tennessee Senate and House of Representatives that would allow Shelby County to offer tax incentives to multifamily and hotel developers outside of the central business district.
The saga of Trader Joe’s in Germantown has had more than its fair share of ups and downs over the last several years, but those all appear to be in the rear view mirror, as the first tangible plans listing the highly sought-after grocer have surfaced.
University of Memphis coach Tubby Smith implores for his team to play more aggressive defense. The Tigers fell 85-65 to No. 22 Wichita State Tuesday, Feb. 6, at FedExForum in an American Athletic Conference game. Guard Jeremiah Martin led Memphis with 16 points, but had a rough shooting night. Memphis is now 14-10 overall, 5-6 in the league.
Shelby County commissioners approved Monday, Feb. 5, a first step toward providing county sewer services with a resolution supporting state legislation that would allow for an elected county utility board.
The Tobacco Corner, a Poplar Corridor landmark, is closing in April. There was once a set of Tobacco Corners that look like the one at Poplar and Mendenhall and they included “newsrooms” – places to buy magazines, sometimes adult, and newspapers -- after buying tobacco. In almost 50 years, none of those product lines are what they once were. And the legacy of a homegrown business is disapperaring, too.
The Tobacco Corner Ltd., which has been a mainstay at the corner of South Mendenhall Road and Poplar Avenue for more than 40 years, appears on track to close its doors in April.
Old Dominick Distillery very busy a year into enterprise
The team behind Old Dominick Distillery, which started filling its first barrels of Tennessee whiskey around this time last year, remains full steam ahead and is barely stopping to take note of their one-year anniversary.
Two of the five major contenders for Shelby County mayor in the May 1 primaries have six-figure campaign war chests and a third is just a few thousand dollars away.
Christine Staples recently joined Memphis-based Buckman as global vice president of water technologies. She comes to Buckman from Ecolab, where she held a number of executive leadership positions in both the water and energy industries.
House Speaker Beth Harwell is supporting medical marijuana legislation, saying she believes Tennesseans “deserve” an option to dangerous opioids.
NASHVILLE, Tenn. (AP) – Democratic and Republican lawmakers in Tennessee are pushing legislation to exempt gun safes from the state's sales tax.
LinkedIn released its report on 2018 Global Recruiting Trends. They surveyed 9,000 recruiters and hiring managers from around the world on the state of hiring. Their research found that the biggest game changer in the hiring space is diversity.
NASHVILLE, Tenn. (AP) – Female musicians in Nashville have long complained about the lack of representation on country radio, but now a collective of female songwriters are singing "Time's Up."
NASHVILLE, Tenn. (AP) – Tennessee officials have announced more than $400,000 in grants to help new and expanding agriculture and food businesses, particularly in rural counties.
CHATTANOOGA, Tenn. (AP) – Emails, recordings and testimony prove that four former employees of the truck stop chain Pilot Flying J conspired to defraud customers in a fuel rebate scam that has already resulted in more than a dozen guilty pleas, a prosecutor said Monday.
CHATTANOOGA, Tenn. (AP) – A judge is expected to decide whether to allow certain witness testimony at the trial of a Tennessee school bus driver charged in a fatal crash.
WASHINGTON (AP) – U.S. companies posted the fewest open jobs in seven months in December, yet the number of Americans quitting their jobs rose to a 17-year high, a mixed reading on the job market.
SAN FRANCISCO (AP) – Apple is mulling refunds to customers who paid full price for battery replacements on older iPhones.
NEW YORK (AP) – Don't expect to see "lady Doritos" on store shelves. The company behind the cheesy chips said Tuesday that it's not developing a line of Doritos designed specifically for women, despite widespread online speculation that it was.
CANTON, Mass. (AP) – Will Americans run to Dunkin' later in the day? The coffee and doughnut chain hopes so.
DETROIT (AP) – If auto loan interest rates rise as expected this year, General Motors and others are likely to make more subsidized loans, including zero-percent financing, to keep car sales flowing.
SAN FRANCISCO (AP) – A federal appeals court on Tuesday upheld an agreement requiring President Donald Trump to pay $25 million to settle lawsuits accusing his now-defunct Trump University of fraud.
WASHINGTON (AP) – President Donald Trump is expected to release Monday his $1.5 trillion infrastructure plan, a top administration priority in 2018 that will rely heavily on state and local governments, as well as private investors.