VOL. 133 | NO. 48 | Wednesday, March 7, 2018
Greater Memphis Chamber chairman Richard Smith penned a lengthy email to Memphis City Council and Shelby County Commission members Tuesday evening to clarify “misconceptions amongst the bodies when it comes to economic development in our community.”
The Tennessee Valley Authority has confirmed arsenic and other substances found last spring in elevated levels in monitoring wells in southwest Memphis are also in an upper water aquifer above the deeper Memphis aquifer.
Allegiant will be adding a new nonstop service between Memphis International Airport and Oakland International Airport beginning May 30.
Memphis City Council members were told Tuesday, March 6, that removing a mural from a private business front on Lamar Avenue will be difficult despite a council call to do so.
The city of Memphis’ policy of no new connections to the city’s sewer system for unincorporated Shelby County got the attention of local developers last week.
ServiceMaster welcomes latest wave of employees Downtown
Downtown’s office population grew by 300 people this week as ServiceMaster Global Holdings welcomed the largest influx of employees to its new corporate headquarters in the old Peabody Place Mall.
A new historical marker to be unveiled April 4 on the southwest corner of Adams Avenue and B.B. King Boulevard will note what the existing 63-year old marker doesn’t – that it was not only an early home of Confederate general, slave trader and Ku Klux Klan Grand Wizard Nathan Bedford Forrest. It was also the site of the slave market that Forrest owned and operated for six years.
So it begins as it always does in the world of Tigers basketball. Gary Parrish of CBSSports reporting the University of Memphis is considering a change from Tubby Smith to Penny Hardaway. Hardaway’s name last surfaced during the exit of Josh Pastner. This time around, the report is that Hardaway has already started rounding up possible staff members. This will either vanish with a very quiet poof and University officials saying they always review their options at the end of the regular season or it will move swiftly to an announced deal.
Jan Bouten, a partner in Innova, the local early stage investment capital group, has some basic standards when deciding on startup companies to invest in.
Memphis, Others Aim to Make Noise
The American Athletic Conference Tournament tips off on Thursday, March 8, In Orlando, Florida, and the field will include two teams in the Associated Press Top 15 and a third in Top 25.
Robert Shaw is among the Memphis banking executives looking forward to what the rest of 2018 will bring. He is CEO of Memphis-based Paragon Bank, which at the end of February announced record-breaking revenue and pre-tax income for the fourth quarter of 2017. The numbers were driven by solid loan growth, a healthy net interest margin and continued attention to controlling expenses.
Social media used to be so fun. We could all stay connected with friends and family, for long periods of time and around the world. It felt like social media was expanding our friend circles. For example, I have reconnected with friends that date back to kindergarten. Before the internet, this would have been much more difficult.
Expected to lose nearly 2 million users younger than 25 in 2018 to growing social platform Snapchat, many are wondering whether Facebook will remain a prominent business partner beyond 2018.
Patrick “Trey” Carter III has been named one of the Top 35 Millennial Influencers in the Country by the Next Big Thing Movement, a global network of more than 20,000 young professionals and creatives. Carter, president of Olympic Career Training Institute and an active community volunteer, is the only Tennessean to be included on the list. He will be honored Saturday, March 10, at NBTM’s Forward Conference in New York City alongside other influencers, including “The Daily Show” host Trevor Noah, Teen Vogue editor Elaine Welteroth and YouTube vlogger Tyler Oakley.
NASHVILLE, Tenn. (AP) – Mayor Megan Barry, a one-time rising star in the Democratic Party with big plans to remake Nashville, resigned Tuesday after pleading guilty to cheating the city out of thousands of dollars as she carried on an affair with her bodyguard.
NASHVILLE, Tenn. (AP) – A few days after signing on, a Republican Tennessee Senate leader has dropped his name from a Democratic proposal to ban bump stock devices that allow guns to fire like automatic weapons.
NASHVILLE, Tenn. (AP) – The Tennessee House has passed legislation that would lower the penalty to $250 for a first offense of toting a gun without a handgun carry permit.
NASHVILLE, Tenn. (AP) – A country music singer is speaking out in support of a proposed bill in Tennessee that would provide better protections against sexual harassment to those working in the music industry.
JACKSON, Miss. (AP) – Mississippi senators have passed a bill that would ban abortions after 15 weeks of pregnancy, which would be the earliest in the nation.
JACKSON, Miss. (AP) – Mississippi's Republican governor took himself out of the mix Tuesday for the U.S. Senate seat being vacated by Thad Cochran, saying he'll find another strong contender to keep the seat firmly in GOP hands for decades, as Cochran did.
NEW YORK (AP) – Target is increasing the minimum hourly pay to $12 starting this spring, the second increase in a matter of months, while accelerating its reinvention plan to make the discounter more competitive in the age of Amazon.
NEW YORK (AP) – The former CEO of a payday lending company that had been under investigation by the Consumer Financial Protection Bureau has asked to be considered for the top job at the watchdog agency, The Associated Press has learned.
The nation's biggest health insurer will pass drugmaker rebates along to some customers starting next year, giving a potential break to those taking expensive prescriptions.
NEW YORK (AP) – Emergency rooms saw a big jump in overdoses from opioids last year – the latest evidence the nation's drug crisis is getting worse.
WASHINGTON (AP) – Warning of economic fallout, congressional Republicans and industry groups pressed President Donald Trump on Tuesday to narrow his plan for across-the-board tariffs on imports of steel and aluminum. They said the White House appeared to be open to changes that might soften the impact.