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VOL. 133 | NO. 111 | Monday, June 4, 2018

The Week Ahead: June 4-10

Good morning, Memphis. Or should we say, “Hush, y’all.” It’s time again for the annual FedEx St. Jude Classic golf tournament, a Memphis tradition that spans 60 years and has been funneling millions of dollars into the doors at St. Jude Children’s Research Hospital. 

Strickland Working Toward Garbage Pickup Overhaul

By the fall, Memphis Mayor Jim Strickland hopes to have a plan to overhaul city sanitation services – specifically the yard waste curbside pickup that has caused a lot of citizen complaints.

Garcia Blisters Final Racing Segment to Claim His First Victory

They got heat. They got history. But for most of 3,000 or so fans who made their way to steamy Memphis International Raceway Saturday, they got a welcome dose of NASCAR. And they want more.

Malco Sues Overton Square Landlord Over Lack of Parking

Memphis-based Malco Theatres Inc. is suing Overton Square landlord Loeb Properties over the dwindling number of parking spaces surrounding Studio on the Square.

Around Memphis: June 4, 2018

The Daily News offers a weekly roundup of Memphis-related headlines from around the web, adding context and new perspectives to the original content we produce on a daily basis. Here are some recent stories worth checking out…

Local Weather
Currently
Memphis, TN
81.0°F
Partly Cloudy
Wind: from the South at 11.5 gusting to 18.4 mph
Humidity: 79%

EVENTS

Talk Shoppe will meet Wednesday, June 6, from 9 a.m. to 10 a.m. at Pinot’s Palette, 8225 Dexter Road, suite 103. Wanda Hall-Myers of Hall-Myers Consulting will present “Can Your Business Afford Not to Change? Top reasons why you should embrace change.” Cost is free. Visit talkshoppe.com.

more events »

Last Word: Storm Damage, Overton Square Parking and Corker's Tariff Plan

The week begins with recovery across the river in Arkansas where high winds, possibly tornadoes, did quite a bit of damage Saturday evening – the Delta Regional Airport just outside Colt in St. Francis County destroyed, by the National Weather Service preliminary damage estimate Sunday.

REAL ESTATE RECAP

One Beale, St. Jude, Sedgwick Projects Move Forward

263 Wagner Place, Memphis, TN 38103: Carlisle Corp.’s expanded plans for One Beale received unanimous approval from the Center City Revenue Finance Corp. on Tuesday, May 29. -
 The project was initially awarded a 20-year PILOT (payment-in-lieu-of-taxes) incentive by CCRFC in 2015, so Carlisle was seeking a green light to update the project's scope, get a closing deadline extension, and receive reaffirmation of a previous commitment to fund an onsite public parking garage.

THE MEMPHIS NEWS

100 North Main

New life and optimism for Memphis skyscraper would change the area around it

The city’s tallest building, the 37-story 100 North Main Building – may or may not become the city’s second convention center hotel. But the skyscraper that has been vacant for four years and counting is the centerpiece of a 3-acre planned commercial complex anchored by a 600-room hotel, no matter where it winds up in the footprint. The complex, as much as the hotel, promises to change more than the city’s convention business.

Editorial: 100 North Main’s Better Days Come With Lessons

No matter what spot is chosen for Memphis’ second convention center hotel, what comes with it is certain to change the gap between Civic Center Plaza and a thriving residential and retail area on the Main Street Mall.

June 1-7: This week in Memphis history

2011: Bike lanes are planned for two miles of Madison Avenue from just east of Cleveland to North Cooper Street. But some business owners on the stretch of Madison are opposed to them and have organized, prompting Mayor A C Wharton to put off a final decision on the bike lanes. “It’s not that we are against bicycles or bicycle lanes,” business owner Mike Cooper says in The Memphis News cover story. “We need the traffic. We don’t need any impediments.”

LAST WEEK'S MOST POPULAR

FedEx Rolls Out the Purple Runway For Its Next Generation of Pilots

FedEx Express is paving a runway for the pilots of tomorrow – a direct pipeline to flying for the Memphis-based delivery services company on the Fortune 500 list.

Merging Past, Present

Owners rebrand Hickman Building for latest transformation

The Medical Arts Building at the corner of Madison Avenue and Fourth Street in Downtown Memphis, much like its hometown, has seen its share of ups and downs for nearly a century.

Porcellino's Leaving Brookhaven Circle

Porcellino's Craft Butcher is relocating from its current spot in East Memphis. The cafe and coffee shop posted on Instagram it would be closing Monday, May 28, in preparation for the move.

Crosstown Crossroads

Commercial, residential investments around concourse slowly gaining momentum

When Octavia Young opened Midtown Crossing Grill in 2014, the area around what would eventually become the Crosstown Concourse was a lot different than it is now.

International Paper Hopes for Talks In Deal to Acquire Smurfit Kappa

After recently being given a June 6 deadline by the Irish Takeover Panel to make a final binding offer to acquire Europe’s largest cardboard box producer, Smurfit Kappa Group, Memphis-based International Paper Co. decided against a hostile takeover attempt and is instead hoping to open a dialogue with the company to determine a mutually beneficial path forward.

SPORTS

Forward Lance Thomas Transferring to Memphis From Louisville

MEMPHIS, Tenn. (AP) – Lance Thomas has decided to transfer to Memphis after being granted his unconditional release by Louisville.

SEC Relaxes Transfer Rules, Clearing Path for UF's Jefferson

The Southeastern Conference has relaxed two rules regarding intra-league transfers, clearing the way for former Mississippi receiver Van Jefferson to play at Florida this fall and opening the door for Alabama offensive lineman Brandon Kennedy to be eligible for a rival school this season.

STATEWIDE

Tennessee to Buy Out Ousted Chancellor for $1.33 Million

KNOXVILLE, Tenn. (AP) – The University of Tennessee has reached a deal that would buy out ousted chancellor Beverly Davenport for $1.33 million.

Students Plan 'Die-In' for Gun Control in Tennessee Capital

NASHVILLE, Tenn. (AP) – Some Tennessee students are planning a "die-in" to honor those who lost their lives in a 2016 shooting at a gay nightclub in Orlando, Florida.

NATIONAL BUSINESS

Maker of Candy Hearts Sold to Company That Saved Twinkies

BOSTON (AP) – A company that once rescued the Twinkies brand is now taking over the maker of Necco Wafers.

Department Stores Making Themselves Over in Beauty Battle

NEW YORK (AP) – It's the beauty aisles themselves getting makeovers now.

From Distillers to Farmers, Trade War Would Cause Casualties

WASHINGTON (AP) – If a trade war is coming, the cheesemakers of Wisconsin are standing in the line of fire. So are the farmers of the Great Plains and the distillers of Kentucky. And the employees of iconic American brands like Harley-Davidson and Levi Strauss.

NATIONAL GOVERNMENT

Trump Orders 'Immediate Steps' to Boost Coal, Nuclear Plants

WASHINGTON (AP) – President Donald Trump on Friday directed Energy Secretary Rick Perry to take "immediate steps" to bolster struggling coal-fired and nuclear power plants to keep them open, calling it a matter of national and economic security.

TECHNOLOGY

Apple Set to Preview Updates for iPhones, Siri and More

SAN JOSE, Calif. (AP) – Apple is expected to preview new capabilities for its Siri digital assistant and showcase other upcoming software features to help build anticipation for the next iPhones.

Facebook Kills 'Trending' Topics, Tests Breaking News Label

NEW YORK (AP) – Facebook is shutting down its ill-fated "trending" news section after four years, a company executive told The Associated Press.

Survey: YouTube Tops Teen Social Media as Facebook Fades

NEW YORK (AP) – YouTube is dominating social media use among teenagers, as Facebook fades from popularity, according to a new survey.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 119 482 10,051
MORTGAGES 119 497 11,811
FORECLOSURE NOTICES 29 82 1,716
BUILDING PERMITS 268 1,056 21,366
BANKRUPTCIES 50 263 6,700
BUSINESS LICENSES 28 151 3,584
UTILITY CONNECTIONS 33 172 4,155
MARRIAGE LICENSES 20 111 2,290

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