» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation Links
VOL. TMN-11 | NO. 3 | Saturday, January 20, 2018
Weekly Issue

Local Reps in D.C. React to Shutdown Along Party Lines

Reaction among Tennessee’s two U.S. Senators and the two Congressmen whose districts cover Shelby County to the federal government shutdown that began at midnight Saturday, Jan. 20, Washington D.C. time was divided along party lines.

SPECIAL EDITION Memphis Newsmakers – Sports

What a Kick

Vibrant Memphis sports scene adds pro soccer

Peter Freund is a baseball guy. Grew up on the New York Yankees. Today, not only is he principal owner of the Memphis Redbirds, he owns stakes in other minor league teams through his Trinity Baseball Holdings and even has a small slice of the Yankees. But make no mistake, he is a businessman. And it was the businessman in him that was convinced to bring a United Soccer League (USL) team to Memphis and AutoZone Park for the 2019 season.

Rent Like a Champion Carving Niche as Sports World’s Airbnb

Good business ideas can happen anywhere. This one happened in 2006 in South Bend, Indiana, where three Notre Dame students listed a vacant apartment on Craigslist and eBay as a weekend rental for football games.

Zealous and Growing Fan Base Heralds Soccer’s Return to Memphis

They can be heard down the hall, or down the block. Roaring. Cheering. Chanting, often nonsensically, at the top of their lungs at whatever hour their beloved teams are playing on TV. Always in uniform – with the proper hats, jerseys – and scarves. Do not forget the scarves.

Weekly Issue

View This Week's Issue of The Memphis News

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

Issues | About

Weekly Logo
Local Weather
Currently
Memphis, TN
85.0°F
Mostly Cloudy
Wind: South at 3.5 mph
Humidity: 63%

EVENTS

Memphis Animal Services and Memphis Public Libraries will present the Helping Hands + Helping Paws Volunteer & Support Fair Tuesday, Jan. 23, from 7 p.m. to 9 p.m., in Meeting Room C at the Benjamin L. Hooks Central Library, 3030 Poplar Ave. Attendees can speak one-on-one with local animal rescues, shelters, advocacy groups and other nonprofits about opportunities to support local animals. Cost is free. Visit memphislibraries.org.

more events »

Former Memphis Tiger Billy Richmond Now Winning as Wing Guru

It was early November, not really Christmas season yet, but Billy Richmond didn’t want to wait. So he’d wake up and start his day with his favorite Christmas music.

EDITORIAL

Editorial: Kroger’s Bottom Line Isn’t Ours

The decision by Kroger’s Delta Division to close stores in Southgate shopping center and on Lamar Avenue west of Airways next month is probably based on dollars and cents – millions of dollars in losses at each store.

THE MEMPHIS NEWS ALMANAC

This week in Memphis history: Jan. 19-25

2008: Former U.S. Sen. Fred Thompson of Tennessee exits the Republican primary for president after a string of poor finishes in primary and caucus states, ending with the South Carolina primary, where he finishes third. Thompson had left his recurring role on “Law and Order” the previous spring to explore a possible run, then officially announced his candidacy on “The Tonight Show” in June.

CORPORATE NEWS

Memphis Out of Running for Amazon's Second Headquarters

Memphis is out of the running for Amazon’s massive second headquarters. The Seattle-based ecommerce giant released a list of 20 finalists Thursday, Jan. 18, out of the 238 proposals submitted by cities across the United States, Canada and Mexico.

Investigation Finds No Basis for Misconduct Allegation Against Ford

Former Memphis Congressman Harold Ford Jr. says Morgan Stanley has concluded its investigation of an allegation of sexual misconduct against him made last month and determined that it was not true.

MEMPHIS-AREA GOVERNMENT & POLITICS

Roland Pulls Petition For Mayor, Running As ‘Uniter’

Shelby County commissioner Terry Roland has been campaigning for Shelby County mayor since last year.

Growing the Ranks

Strickland: Memphis about to meet goal of net gain in police

Memphis Mayor Jim Strickland defines the state of the city halfway through his four-year term of office as “strong and getting stronger every day.”

Norris Acknowledges Stall in Federal Judicial Nomination

State Senate Majority Leader Mark Norris of Collierville says he will continue with his legislative duties unless or until the U.S. Senate confirms his appointment to the federal judiciary.

Shelby County Commission to Have New Majority in September

District 2 Shelby County commissioner George Chism will not be seeking a second term in the 2018 county elections.

HIGHER EDUCATION

Hass Wants Rhodes to Embrace Change

After six months as president of Rhodes College, Marjorie Hass says small liberal arts colleges like Rhodes are “on the defensive.”

THE TIPPING POINT

From Intern to Executive, Meeks Builds Bold Team

For most of us, our first big financial move as young adults might have been an apartment security deposit, say, or the down payment on a used car. When Jim Meeks was 17 years old, fresh out of high school in Paducah, Kentucky, he said to himself, “I want to buy some life insurance.”

REAL ESTATE

Shelby County Home Sales Volume, Average Price Soar

Average home sale prices and overall sales volume showed healthy gains in 2017 over the previous year, signaling another good year for the housing market in Shelby County.

Mortgage Market Slows in December, Up 8 Pct. in ’17

Buoyed in part by solid numbers for 2017, bankers in Memphis like David Umsted are already looking ahead to what they foresee will be another busy year for the mortgage business locally thanks to a mix of underlying strengths for the market.

Frayser CDC Growing, Expanding Headquarters

The Frayser Community Development Corp. is a lot busier these days, so much so that it’s expanding its headquarters at 3684 N. Watkins St., where the organization is bursting at the seams.

Lender Reclaims 100 North Main at Auction

More than a year after Memphis’ tallest building went into foreclosure, 100 North Main has been reclaimed by the lender. THM Memphis Acquisitions LLC effectively bought the 37-story office tower at a foreclosure auction on the courthouse steps after the property failed to receive any bids.

Container Apartments, Warehouse Moving Ahead

Plans for a southeast Memphis textiles distribution facility and a Medical District apartment development made of shipping containers both took steps forward Wednesday, Jan. 17, with approvals from local boards.

Memphis Hilton Sale, New FedEx Hub Building Highlight Busy Week

939 Ridge Lake Blvd. -
The Memphis Hilton, the iconic cylindrical hotel located at 939 Ridge Lake Blvd. in East Memphis, has sold for $31 million.

MLK 50

MLK’s Influence

Hardaway, other basketball greats honored for civil rights advances

Penny Hardaway was born in Memphis on July 18, 1971, or more than three years after Dr. Martin Luther King Jr. was assassinated on the balcony of the Lorraine Motel.

HEALTH

Winter Weather Hits Lifeblood Donations

One of the less obvious consequences of the winter weather that has hit Memphis in recent days is that donations to Lifeblood, the area’s blood service provider, have also taken a hit.

ECONOMIC DEVELOPMENT

Chamber to Host Free MWBE Certification Fair on Jan. 23

In an effort to generate more certified minority and women-owned businesses in Shelby County, the Greater Memphis Chamber will host its first joint certification fair with the county on Jan. 23.

TOURISM & HOSPITALITY

Teaming Up

Casinos join forces more often in era of declining revenue

Several factors have combined to upend business conditions at the Tunica casinos in recent years, but there is renewed optimism among gaming operators there who are discovering there is strength in numbers.

COMMUNITY

Nomination Deadline For Dunavant Awards Feb. 1

Memphis is lucky to have an abundance of residents with a passion for public service and it is time once again to honor their commitment to improving this community.

ARTS & ENTERTAINMENT

Old Dominick Launching New Music Series This Month

Memphis’ newest music venue is opening later this month, in something of an unlikely place. Old Dominick Distillery, at 305 S. Front St., on Jan. 25 is using its upstairs event space to launch the Old Dominick Pure Memphis Music series. A twice-monthly set of concerts featuring acts, as the name of the series suggests, with a tie of some kind to the city.

SNAPSHOT

‘Sunny Side’ Up at CBU

A new exhibition by Niles Wallace titled “The Sunny Side” is on display at the Beverly and Sam Ross Gallery at Christian Brothers University through March 1. Works in the show consist of porcelain or stoneware bowls and vases that Wallace says “acknowledge the history of vessels and painting on the decorative form while being tied to contemporary art and social concerns.” (Memphis News/Houston Cofield)

LAW & THE COURTS

Playhouse Begins Sexual Harassment Investigation

The board of directors of Playhouse on the Square has hired the Burch, Porter and Johnson law firm to investigate an allegation of sexual misconduct made last month against Jackie Nichols, the founder and executive producer of the theater.

MEMPHIS NEWSMAKERS

Orpheum CEO Batterson Honored For Excellence in Performing Arts

Brett Batterson, president and CEO of the Orpheum Theatre Group, has been named the North American Performing Arts Managers and Agents’ 2017 Presenter of the Year. The award honors individuals in the performing arts field for their excellence in exemplifying mentoring; setting an example of best practices, achievement and leadership in their discipline; and cultivating diversity, practicing inclusion, and creating equity for underserved members of the community.

SPORTS

Germantown’s Mickey Callaway to Begin Managerial Career with New York Mets

Baseball is built for sweet stories of nostalgia and the innocence of youth. When Mickey Callaway was a kid he would spend lazy summer afternoons visiting Wrigley Field, courtesy of superstation WGN.

Mularkey Couldn’t See What Most Others Could

Mike Mularkey is loyal to his coaches and his coaching philosophies, though probably to a fault, as it appears that was a huge part of why he was fired as the Tennessee Titans head coach on Monday morning.

Pruitt’s SEC-Heavy Staff a Recruiting Coup

It was early December, 2012, and Butch Jones stood in front of a podium after being named Tennessee’s 24th football coach.

Tigers Winning, Could Use Better Recruits to Coach Up

Right after Christmas I sat down with Tubby Smith in his office for a lengthy Q & A, which you can still find here (http://bit.ly/2DLJbCk). At one point in our conversation I asked Tubby about “coaching guys up,” if that was maybe the part of the job he enjoyed most.

LOCAL COLUMNISTS

Using Kids as Chips

THIS ISN’T A GAME, KIDS AREN’T CHIPS. As I write this, 9 million low-income kids in America are at risk of losing their insurance, primarily because they aren’t the kids of Congress.

Midlife Look at Insurance Needs

Ray’s Take: Life insurance is an important part of most overall financial plans. Replacing the capital value of the significant providers is critical should they not be able to provide. Owning the right insurance for the right price at the right time in your life is a crucial element to your financial well-being.

Tech Support Scams Target Everyone

A study conducted for the BBB by Steve Baker, a retired FTC regional director, found that it’s only a question of when, not if, a person will be targeted in a tech support scam.

Reversing The Travel Slump

U.S. travel industry representatives earlier this week expressed concern over declines in international travelers to the U.S.

The Downside Of the C-Suite

Have you ever wished you were the top executive in your department? For many, becoming a C-level executive can be a lifelong goal. Whether it’s chief executive officer, chief marketing officer or chief financial officer – the C-suite has real perks.

Top 10 2018 Marketing Trends, Part 1

Editor’s Note: This is the first in a two-part series. The field of marketing is evolving at an unprecedented rate. If you simply don’t have the time to dig in – which is reality for many a small and mid-sized company CEO with limited internal marketing resources – it can feel like a runaway train. 

How to Support Nonprofit Volunteers

Editor’s note: Part two of a three-part series. Sometimes volunteers within a nonprofit don’t measure up. That’s not unusual. It’s part of life. For all of us, there are times when we don’t hit the mark. And most know what it’s like when others don’t meet our expectations. 

Stumble Bravely Into Innovation

I met many people who have been put in charge of their organization’s innovation program because of their past performance record. They were product managers, engineers, database architects, IT professionals, HR specialists or marketers by training. Suffice to say, they have proven to be capable and trustworthy in the past with a given initiative. 

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 52 374 8,123
MORTGAGES 52 433 9,632
FORECLOSURE NOTICES 22 103 1,461
BUILDING PERMITS 218 906 17,513
BANKRUPTCIES 45 252 5,658
BUSINESS LICENSES 0 143 3,091
UTILITY CONNECTIONS 24 152 3,402
MARRIAGE LICENSES 38 158 1,846

Weekly Edition

Issues | About

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