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VOL. 133 | NO. 97 | Tuesday, May 15, 2018

American Queen Steamboat Co. Moves HQ Out of Memphis

American Queen Steamboat Co. has moved its Memphis headquarter to New Albany, Indiana, in what the riverboat cruise company describes as “an effort to synergize shoreside operations with parent company HMS Global Maritime.”

Commission Reappoints Bolton As Advisor Amid Questions About His Role

Shelby County commissioners reappointed former commissioner Julian Bolton as their legislative policy advisor Monday, May 14, sending the reappointment to the end of September to county mayor Mark Luttrell who vetoed an earlier version in April.

Opening the Book

LLI Memphis Touts Teacher Innovation Grant, Conference

A new Learning and Innovation Fund for Educators grant from Lausanne Learning Institutes (LLI) is now available to a team of teachers looking for funding to do creative things in their classrooms.

County About $1M Short on Pre-K Funding

Advocates of expanding prekindergarten services countywide to 8,500 students over several years got a surprise last week when Shelby County Mayor Mark Luttrell outlined the administration’s funding for its share of the funding.

Faropoint Converting ‘Diamond In The Rough’

So far this year Faropoint Ventures has already acquired $37 million in property in the Memphis area and has its sights set on another $38 million by year’s end.

Local Weather
Currently
Memphis, TN
84.0°F
Mostly Cloudy
Wind: South at 17.3 mph
Humidity: 77%

EVENTS

The Memphis Jewish Community Center will screen “Besa: The Promise” Tuesday, May 15, at 7 p.m. at MJCC, 6560 Poplar Ave. The film weaves Albania’s heroism in World War II through the journeys of two men. The screening is part of the monthlong Toward Justice: A City-Wide Upstanders’ Project. Cost is free. Visit jccmemphis.org for details.

more events »

Last Word: The Bus to Shelby Farms, Sports Gaming In Tunica and Tom Lee's Story

It hasn’t been this hot in 30 years … to the day. The high Monday of 93 degrees eclipsed the old record for the day of 91 degree in 1988. I’m not much of a thermometer watcher. But this did get my attention because I was imagining all of the big hair emergencies 30 years ago. Guys going to their closets to break out the Miami Vice pastel t-shirts and linen blazers. And of course California Raisins hysteria. And I do find it not entirely coincidental that we break a record from 1988 as there is talk of a remake of the movie “Willow.” We could break another record for all of this Tuesday and we’ll see what my mind does with the year of the old record if that’s the case.

REAL ESTATE RECAP

AutoZone Expanding Downtown, One Commerce Square Hits Market

40 S. Main St. -
One Commerce Square, the fourth-largest building in Memphis, has hit the market.

LOCAL COLUMNISTS

Corporate Leaders Are True Partners

“What can we do to help?” That was the question asked by a corporate representative at a conference we attended last week.

Conscious Capitalism: Conversation with Raj Sisodia, Part Three

Raj Sisodia is the professor of global business at Babson College and co-founder and co-chairman of Conscious Capitalism Inc. Raj has written 10 books and more than 100 academic articles. 

STATEWIDE

Abuse, Neglect Claims Investigated at 460 Tennessee Schools

NASHVILLE, Tenn. (AP) – An analysis has found Tennessee's Department of Children's Services investigated 647 allegations of child abuse or neglect involving students at more than 460 schools during a recent 20-month period.

12 Communities Picked for Tennessee Downtowns Program

NASHVILLE, Tenn. (AP) – State officials say 12 communities in Tennessee will participate in a program aimed at revitalizing their downtown commercial districts.

Tennessee State Sets Up Program in Honor of Pioneer Surgeon

NASHVILLE, Tenn. (AP) – Tennessee State University is establishing an endowed scholarship fund in honor of a renowned heart surgeon and alumnus of the school.

REGIONAL NEWS

Mississippi Casinos Could Take Bets Soon as Court Clears Way

JACKSON, Miss. (AP) – Mississippi could, at least temporarily, be the only place within the Southeastern Conference where football fans can put bets down when games begin at summer's end.

Nobel-Winning Tech at Heart of Rubber Band Improvements

HOT SPRINGS, Ark. (AP) – While it may seem a stretch, an Arkansas company and a university in southeastern England want to use Nobel Prize-winning technology to build a better rubber band.

NATIONAL BUSINESS

Immigration Crackdown Shifts to Employers as Audits Surge

WASHINGTON (AP) – Immigration officials have sharply increased audits of companies to verify that their employees are authorized to work in the country, signaling the Trump administration's crackdown on illegal immigration is reaching deeper into the workplace to create a "culture of compliance" among employers who rely on immigrant labor.

CBS Corp. Sues Majority Shareholder to Gain Independence

NEW YORK (AP) – CBS is suing its controlling shareholder as part of its long-running attempt to avoid a combination with Viacom.

LEGAL AFFAIRS

Supreme Court Makes Sports Betting a Possibility Nationwide

WASHINGTON (AP) – The Supreme Court on Monday gave its go-ahead for states to allow gambling on sports across the nation, striking down a federal law that barred betting on football, basketball, baseball and other sports in most states.

Supreme Court Greenlights Driver Rights in Rental Case

WASHINGTON (AP) – The Supreme Court said Monday that people who borrow rental cars from friends or family are generally entitled to the same protections against police searches as the authorized driver.

TECHNOLOGY

Facebook Suspends About 200 Apps That May Have Misused Data

NEW YORK (AP) – Facebook is suspending about 200 apps that it believes may have misused data.

Commission Reappoints Bolton As Advisor Amid Questions About His Role

Shelby County commissioners reappointed former commissioner Julian Bolton as their legislative policy advisor Monday, May 14, sending the reappointment to the end of September to county mayor Mark Luttrell who vetoed an earlier version in April.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 78 78 13,921
MORTGAGES 93 93 16,098
FORECLOSURE NOTICES 2 2 2,204
BUILDING PERMITS 242 242 28,995
BANKRUPTCIES 59 59 8,985
BUSINESS LICENSES 29 29 4,730
UTILITY CONNECTIONS 37 37 5,570
MARRIAGE LICENSES 37 37 3,019

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