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VOL. 133 | NO. 93 | Wednesday, May 9, 2018

Memphis To Be One of 10 Drone Test Sites

The Memphis-Shelby County Airport Authority is leading a Memphis group that is part of a national pilot program to integrate drones into air traffic.

One Commerce Square Office Tower Up for Sale

One Commerce Square, the fourth-largest building in Memphis, has hit the market. The 29-story high-rise office tower and four-story annex, located at 40 S. Main St., also comes with a leasehold interest in a roughly 500-space parking garage, according to real estate brokerage firm CBRE’s Deal Flow listing.

County Veto Override Turns Into Do Over

Shelby County commissioners put off any vote Wednesday, May 9, on overriding a veto by Shelby County Mayor Mark Luttrell because the commission office delivered the wrong version of the resolution passed in April that Luttrell vetoed.

Council Gives Final Approval to Speedway Terrace Historic District Status

Memphis City Council members approved historic overlay district status Tuesday, May 8, for the Speedway Terrace neighborhood north of Crosstown Concourse. The approval on third and final reading of the ordinance is the second approval in a month of a district whose standards are governed by the Memphis Landmarks Commission.

Memphis Startup Soundways Wins $200,000 in Rise of the Rest Competition

Memphis startup company Soundways, which helps professionals in the music industry collect unpaid royalties, won a $100,000 investment from Steve Case and other entrepreneurs as part of the Rise of the Rest tour that stopped in the Bluff City Tuesday, May 8.

Local Weather
Currently
Memphis, TN
78.0°F
A Few Clouds
Wind: South at 4.6 mph
Humidity: 90%

EVENTS

Memphis Botanic Garden hosts its Food Truck Garden Party: Pirates & Princesses on Wednesday, May 9, from 5 p.m. to 8 p.m. at MBG, 750 Cherry Road. Enjoy live music, cash bar, fun in the Play Zone and food trucks. Cover is $5 for members and $10 for nonmembers (includes one drink). Buy tickets at memphisbotanicgarden.com/foodtruck or at the gate.

more events »

Bolton Legal Bills Kept Under Wraps

Shelby County commissioners appeared on their way to a public records controversy before a Wednesday special meeting on a potential veto override.

Conrad Hoping for Landmarks Compromise

It’s been nearly two decades since the last time a new historic district has been carved out, so when the Cooper-Young neighborhood’s application came before the Memphis City Council it was meet with some trepidation.

Room to Grow

Checkers far from saturation point in Memphis market

Local Checkers franchisee group Tristate Restaurants LLC is preparing to open its newest location in Memphis at 3680 Lamar Ave. by early to mid-May, and plans for as many as five more locations over the next couple of years.

Last Word: Veto Override Drama, Iran Reaction & Rise of the Rest Meets Soundways

Shelby County Commissioners have a busy committee day Wednesday with a budget presentation – county mayor Mark Luttrell’s final one as the county’s chief executive, more discussions about the Graceland plan and a veto override.

Commission To Consider Overriding Adviser Veto

Shelby County commissioners vote Wednesday, May 9, in special session on whether to override a veto by Shelby County Mayor Mark Luttrell of their decision to reappoint attorney Julian Bolton as the commission’s “legislative policy adviser.”

Tigers Face South Alabama in Tennis Friday as NCAA Tournament Begins

Getting to the NCAA Tournament has become no big deal for the University of Memphis tennis squad. Coach Paul Goebel’s Tigers (18-5) will open tournament play for the sixth time in seven years Friday in Starkville, Mississippi, with a first-round match against South Alabama (14-9). That kind of consistency is what new Tigers basketball coach Penny Hardaway and his squad can only dream about, for now.

MEMPHIS NEWSMAKERS

Stengel Elected President Of Construction Counsel Association

Evans Petree PC shareholder Elizabeth B. Stengel has been elected the first female president of the Tennessee Association of Construction Counsel, a not-for-profit professional association of Tennessee attorneys with practices related to the construction industry.

LOCAL COLUMNISTS

Don’t Let Your Vacation Stop You From Switching Jobs

One of the No. 1 reasons people are hesitant to switch jobs is because of their vacation time. They start with one or two weeks of vacation each year at their company. Then, as they stay at their job for a few years, more days are added on. After a while, they may find that they have earned four or five weeks of vacation per year. This much vacation can truly be life changing. And, all that vacation time took years to earn. It makes you not want to leave. Can you relate?

Bid Farewell to Trial-and-Error Marketing

The average company spends 3 to 5 percent of revenue on marketing, which is certainly not a trivial expense. Why, then, do so many companies invest so little time in the construction of the marketing plan that ensures that investment is well-spent?

STATEWIDE

Sessions: No Tears Over Tennessee Immigration Raid

GATLINBURG, Tenn. (AP) – The nation's top law enforcement officer says he isn't shedding tears over a raid at a Tennessee meat processing plant where 97 workers were arrested by immigration officials.

REGIONAL NEWS

Tupelo Mayor Leaves Special US Senate Race in Mississippi

JACKSON, Miss. (AP) – A Democratic mayor is dropping out of a special U.S. Senate race in Mississippi, leaving four candidates in the contest to serve the final two years of a term.

NATIONAL BUSINESS

Walmart to Add Policy Aimed at Curbing Opioid Abuse

BENTONVILLE, Ark. (AP) – Walmart is taking steps aimed at curbing opioid abuse and misuse.

More Americans Expect to Work Until 70; There are Benefits

When it comes to retirement, later may be better.

US Job Openings Equal Unemployed for 1st Time in 2 Decades

WASHINGTON (AP) – If you're looking for a job right now, this may be about as good as it gets: There are roughly as many open jobs in the United States as there are unemployed people.

NATIONAL GOVERNMENT

Fed's Powell: Rate Hikes Should Not Upend the Global Economy

WASHINGTON (AP) – Moves by the Fed and other major central banks to raise interest rates after a long period of keeping them low should not be disruptive to the global economy, Federal Reserve Chairman Jerome Powell said Tuesday.

Trump Announces US Will Exit Nuclear Accord With Iran

WASHINGTON (AP) – President Donald Trump announced Tuesday the U.S. will pull out of the landmark nuclear accord with Iran, declaring he was making the world safer but dealing a profound blow to allies and deepening the president's isolation on the world stage.

Groups Sue Ben Carson Over Delay of Anti-Segregation Rule

WASHINGTON (AP) – A group of advocacy organizations filed a lawsuit Tuesday against the Department of Housing and Urban Development and its secretary, Ben Carson, over his decision to delay an Obama-era rule intended to ensure that communities confront and address racial segregation.

Lawmakers: Drug Distributors Missed Suspicious Opioid Sales

WASHINGTON (AP) – Lawmakers of both parties accused wholesale pharmaceutical distributors on Tuesday of missing signs of suspicious activity that resulted in hundreds of millions of prescription opioid pills being shipped to West Virginia, a state disproportionately ravaged by deaths caused by the addictive drugs.

HEALTH

US Panel Leaves Prostate Screening Up to Men, Their Doctors

CHICAGO (AP) – Whether to get screened for prostate cancer is a question that men aged 55 to 69 should decide themselves in consultation with their doctors, according to finalized guidance issued Tuesday by an influential panel of health care experts.

TECHNOLOGY

Google Showcases AI Advances at its Big Conference

MOUNTAIN VIEW, Calif. (AP) – Google put the spotlight on its artificial intelligence smarts at its annual developers conference Tuesday, where it announced new features and services imbued with machine learning.

One Commerce Square Office Tower Up for Sale

One Commerce Square, the fourth-largest building in Memphis, has hit the market. The 29-story high-rise office tower and four-story annex, located at 40 S. Main St., also comes with a leasehold interest in a roughly 500-space parking garage, according to real estate brokerage firm CBRE’s Deal Flow listing.

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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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