VOL. 133 | NO. 29 | Thursday, February 8, 2018
The Memphis area’s first Dave & Buster’s opened its doors to perspective clients and members of the media Thursday, Feb. 8 for a sneak peek inside the highly-anticipated restaurant/entertainment venue’s 2751 Wolf Creek Pkwy location.
Outgoing Shelby County Mayor Mark Luttrell has endorsed David Lenoir for mayor.
Ohio-based tire manufacturer Cooper Tire & Rubber Co. will lease a 1 million-square-foot warehouse in Gateway Global Logistics Center in Marshall County that Newport, California-based Panattoni Development Co. broke ground on Wednesday, Feb. 7.
It began after the Tom Lee storm last Memorial Day weekend – a burst of sudden, intense winds that knocked out power to 188,000 homes and businesses as well as toppling the circa-1950s obelisk memorial to Tom Lee Downtown.
Volunteers wheel in to help Explore Bike Share
Volunteers help unpack and assemble 600 bicycles at the nonprofit Explore Bike Share’s temporary storage warehouse at 61 Keel Ave. on Tuesday, Feb. 6. The BCycle Dash bicycles hit the road at Bike Share stations across Memphis this spring. (Daily News/Houston Cofield)
A new report shows jobs in demand in the Memphis area at a time when we are again talking about which expansions and new businesses should be getting incentives and how to get better paying jobs. The annual report by CERT – Center for Economic Research in Tennessee – shows high employer demand for information technology, health care, engineering, business and financial operations and welding.
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.
Shelby County Mayor Mark Luttrell said at his last State of the County address this week that what Shelby County struggles with is “economic diversification and high-wage job growth.”
MEMPHIS, Tenn. (AP) – Police in Tennessee say a dead man's body remained undetected in an impounded van for seven weeks.
COMMERCIAL REAL ESTATE
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 S. Front St.
The guest speaker at this month’s Economic Club of Memphis luncheon discussed blockchain technology, a subject that has filtered into the mainstream conversation. Presenting the topic to a roomful of bankers and business leaders also gave it additional prominence at a time when blockchain-related news has been multiplying.
Each year the Center for Economic Research in Tennessee puts together its Labor and Education Alignment Program report detailing which jobs are most in demand statewide and for each of the state’s nine economic and community development regions.
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.
VIEW FROM THE HILL
Gov. Bill Haslam is fond of saying government should run more like a business, and during his eighth and final State of the State address he invoked the term “customer-focused” at least twice in a victory lap.
It has been said that the difference between try and triumph is that little “umph.” If there was ever anyone that shows just what a difference that makes, it is Jay Martin, president of Juice Plus. He puts that “umph” in everything he does.
NASHVILLE, Tenn. (AP) – A special committee of Nashville city council members will investigate whether there was improper use of public money during Mayor Megan Barry's extramarital affair with the former head of her security detail.
LITTLE ROCK, Ark. (AP) – Some Arkansas doctors are treating patients with flu-like symptoms over the phone to reduce the risk of exposure to this year's virus.
NEW YORK (AP) – Chipotle is the latest company to give out one-time cash and stock bonuses, and will broaden parental leave benefits for workers following sweeping changes to U.S. tax law.
NEW YORK (AP) – Foam cups at Dunkin' Donuts will soon be history, removing what the company estimates will be a billion of them each year from the waste stream.
NEW YORK (AP) – Small business owners may want to hand out bonuses and raises now that there's a new tax law, but many don't know if they'll have any wealth to share.
LAS VEGAS (AP) – Facing investigations by gambling regulators and allegations of sexual misconduct, billionaire casino mogul Steve Wynn has stepped down as chairman and CEO of the resorts bearing his names.
TRENTON, N.J. (AP) – Preliminary research suggesting that some diabetes patients may be injecting medicine that has partially disintegrated is causing concern even as serious questions are raised about the research itself.
DETROIT (AP) – Under pressure from U.S. safety regulators, Harley-Davidson is recalling over 250,000 motorcycles worldwide because the brakes might fail.