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VOL. 133 | NO. 9 | Thursday, January 11, 2018

Car Product Manufacturer Signs 400,000 SF Lease

Car care product manufacturer Meguiar's Inc. has executed a new lease for 403,000 square feet in the Raines Distribution Center at 5555 E. Raines Road.

Northwest Co. Seeking 10-Year Tax Abatement for New Distribution Facility

The Northwest Co., an industry leader in manufacturing “branded home textiles,” is seeking a 10-year tax abatement from the Economic Development Growth Engine for Memphis and Shelby County to open a distribution facility in southeast Memphis.

Priam Purchases Primacy Parkway Property for $14M

Nashville-based- Priam Capital has secured another East Memphis office property in a multimillion dollar deal.

Nichols Appointed, Parker Confirmed in Judicial Decisions

Deputy District Attorney General Jennifer Nichols is the newest Shelby County Criminal Court Judge.

Madison Hotel Owners Seeking Grant to Renovate Ground Floor Commercial Space

Aparium Hotel Group, the owners of the Madison Hotel, are requesting an improvement grant from the Downtown Memphis Commission to overhaul an adjacent commercial building it owns at the corner of Main Street and Madison Avenue.

Local Weather
Currently
Memphis, TN
79.0°F
Mostly Cloudy
Wind: Southwest at 6.9 mph
Humidity: 82%

EVENTS

Whole Foods Market has selected Memphis Tilth as a beneficiary of its 5% Community Support Day. On Thursday, Jan. 12, Whole Foods will donate 5 percent of net sales at both local Whole Foods locations, 7825 U.S. 72 in Germantown (open 7 a.m. to 9 p.m.) and 5014 Poplar Ave. in East Memphis (open 7 a.m. to 10 p.m.), to Memphis Tilth. The organization will have team members on site at both locations from 11 a.m. to 1 p.m. and 5 p.m. to 7 p.m. to discuss its work and how to get involved. Visit memphistilth.org.

more events »

Orion, LEO Buy Slice of Wonder Bread

The Center City Revenue Finance Corp. approved a trio of sales on Tuesday, Jan. 9, including two involving the $73 million Bakery Development in the Medical District and the Beale Street Hampton Inn.

The Lane Ahead

Trey Moore comes home to direct the launch of Explore Bike Share

His first vision, Trey Moore says, was to become a “film and video type guy.” He had graduated Southaven High School, earned a communications degree at Memphis State, but didn’t have designs on going all-Hollywood.

Last Word: Mural Madness, Madison Plans and New Judges

Maybe this discussion was bound to happen in a city where murals have been going up at a pretty good clip for several years now. At first, it was a rather startling form of civic witness in a new kind of Memphis boosterism that was a reaction to years of downing Memphis as the dominant civic monologue. And it rapidly became about how much the murals could speak to the real Memphis – in other words pro-Memphis but with an edge and more than a nod to the city’s reality. That’s a lot for a mural to pull off.

City Council Rejects MLGW Gas, Electric Rate Hikes

Memphis City Council members voted down proposed electric and gas rate hikes Tuesday, Jan. 9, but left the door open to reconsider that.

Employee Benefits Law Firm, New Sister Company Move to New Home

Attorney Jenny Kiesewetter is starting 2018 off in a new home for the boutique employee benefits law firm she founded in 2010, which this week relocated from the Colonnade development at 1661 International Drive to 999 S. Shady Grove Road.

Lamar Avenue Mural Draws Council Contempt

The state’s largest collaborative mural might be missing a few panels soon after a City Hall showdown Tuesday, Jan. 9, between the head of Paint Memphis and City Council members upset by the images on Lamar Avenue near Willett Street.

VIEW FROM THE HILL

Shot Fired From Memphis Ignites Civil War Rematch

Confederate Lt. Gen. Nathan Bedford Forrest died in 1877, but 140 years later some people just can’t let their hero or the Old South go away.

TENNESSEE LEGISLATURE

Health Care Reps Urge State Lawmakers to Take Action

Seats in the Tennessee General Assembly were barely warm before representatives from several Tennessee health care organizations called on state lawmakers Tuesday, Jan. 9, to allow the use of federal health care money to aid issues such as the closings of rural hospitals, rising insurance premiums, family medical debt, and the opioid epidemic.

State Senate GOP Eyes 'Tennessee Agenda' Amid Trump Divide

NASHVILLE, Tenn. (AP) – Election-minded Tennessee Senate Republicans say they want to tout their accomplishments more effectively amid their party's potential to divide over national politics.

LOCAL COLUMNISTS

Finding The Best in The Worst of Times

“It was the best of times, it was the worst of times” is the opening line of Charles Dickens’ “A Tale of Two Cities.” The story, set during the French Revolution, centers on the possibility of resurrection and transformation both on personal and societal levels. Rooted in that transformation is the sacrifice and suffering that accompanies it.

MEMPHIS AREA

Mavis Staples, Taj Mahal Among Blues Music Awards Nominees

MEMPHIS, Tenn. (AP) – Mavis Staples, Taj Mahal and the North Mississippi All-Stars are among the nominees for this year's Blues Music Awards in Tennessee.

Tennessee Vacation Guide to Feature MLK Cover, Highlight Memphis

NASHVILLE, Tenn. (AP) – The cover of Tennessee's annual vacation guide will feature an illustration of Martin Luther King Jr. in honor of the upcoming 50th anniversary of his assassination in Memphis.

STATEWIDE

R&B Singer-Songwriter Denise LaSalle Dies in Tennessee

JACKSON, Tenn. (AP) – Singer and songwriter Denise LaSalle, whose hit "Trapped by a Thing Called Love" topped the R&B charts in 1971, has died. She was 78.

US Department of Energy Lab Lays Off More Employees

OAK RIDGE, Tenn. (AP) – The U.S. Department of Energy's largest science and energy laboratory is laying off 100 employees in Tennessee.

Senate Confirms Trump Nominee to Federal Bench in Tennessee

NASHVILLE, Tenn. (AP) – Tennessee's U.S. senators say the Senate has confirmed a new federal judge for the Middle District of Tennessee.

REGIONAL NEWS

Toyota-Mazda Picks North Alabama for $1.6B Plant

MONTGOMERY, Ala. (AP) – Japanese automakers Toyota and Mazda on Wednesday announced plans to build a huge $1.6 billion joint-venture auto plant in Alabama that will eventually employ about 4,000 people.

NATIONAL BUSINESS

Sears Raises $100M in New Financing, Eyes $200M in Cost Cuts

NEW YORK (AP) – Sears has secured more financing, and is eying more cost cutting, as the beleaguered retailer reported a big sales drop during the critical holiday season.

Diet Coke Gets New Look, New Flavors Amid Sinking Sales

NEW YORK (AP) – Diet Coke is getting a makeover to try to invigorate the sugar-free soda's slumping sales.

NATIONAL GOVERNMENT

Fed Projects $80.2 Billion Payment to Treasury for 2017

WASHINGTON (AP) – The Federal Reserve said Wednesday the payments it will make to the federal government based on its 2017 operations will drop to $80.2 billion, down 12.3 percent from 2016.

Judge Blocks Trump Decision to End Young Immigrant Program

SAN FRANCISCO (AP) – A federal judge on Tuesday night temporarily blocked the Trump administration's decision to end a program protecting young immigrants from deportation.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 80 401 13,843
MORTGAGES 99 439 16,005
FORECLOSURE NOTICES 19 63 2,202
BUILDING PERMITS 233 998 28,755
BANKRUPTCIES 49 276 8,926
BUSINESS LICENSES 23 136 4,701
UTILITY CONNECTIONS 23 141 5,534
MARRIAGE LICENSES 15 88 2,982

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