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VOL. 133 | NO. 50 | Friday, March 9, 2018

EDGE May Get Tweaked as Economic Dispute Settles Down

A March 1 joint session of the Memphis City Council and Shelby County Commission hosted by chairs Berlin Boyd and Heidi Shafer discussed, among other topics, the current state of economic development in Shelby County, and in particular, the role the Economic Development Growth Engine for Memphis and Shelby County plays in it.

'Perfect Storm' of High River, Mechanical Failure Shuts North Wastewater Plant

As the Mississippi River at Memphis neared a crest of 39.4 feet, the river overwhelmed and submerged three pumps at the city’s north wastewater treatment plant Thursday, March 8, causing the Maynard Stiles Wastewater Treatment Plant to shut down. The result was raw sewage coming through manholes at nearby General DeWitt Spain Airport in Frayser and an overflow that is going untreated into the Mississippi River.

Memphis Pedigree

Hollywood Feed may open up to 25 stores this year

Hollywood Feed’s newest Memphis store is officially open for business at the corner of Collins Street and Sam Cooper Boulevard. This 5,000-square-foot built-to-suit space replaces their flagship store on Broad Avenue, which currently houses the pet specialty retail chain’s corporate offices and distribution warehouse.

EDGE Chairman Responds to Chamber Criticism

A March 1 meeting of City Council and County Commission members who questioned the respective roles of the Greater Memphis Chamber and EDGE in recruiting new jobs to Memphis has prompted another response.

Here are the Four Candidates to be the Next Achievement School District Superintendent

Four candidates are in the running to become the next leader of Tennessee’s state-run turnaround district, including one who is based in Memphis.

Local Weather
Currently
Memphis, TN
87.0°F
Mostly Cloudy
Wind: Southwest at 10.4 mph
Humidity: 63%

EVENTS

The Southern Women’s Show returns Friday through Sunday, March 9-11, at Agricenter International, 7777 Walnut Grove Road. The show will feature shopping; fashion shows; cooking demonstrations; and guest appearances by TV stars Naja Rickette from WeTV’s “LA Hair,” Vern Yip from TLC’s “Trading Spaces,” and Garrett Miller from MTV’s “Siesta Key.” Hours are Friday 10 a.m. to 8 p.m., Saturday 10 a.m. to 7 p.m., and Sunday 11 a.m. to 6 p.m. Visit southernwomensshow.com for daily schedule and discounted tickets.

more events »

Wells at New TVA Plant to Stay Idle for Now

The Tennessee Valley Authority has no plans to use the wells it drilled into the Memphis Aquifer earlier in the construction of the Allen Combined Cycle Plant, the $1 billion natural gas-fired power plant it is building in southwest Memphis.

Memphis Home Sales Stay Hot Despite February Cold, Rain

A cold and rainy start to the year may have slowed down new construction, but it wasn’t enough to cool off Memphis’ overall housing market.

Last Word: Moot Points in Orlando, EDGE Responds and A Mayoral Forum

The Tigers basketball post season continues to a Friday game with Tulsa the day after the Tigers beat South Florida 79-77 in the AAC tournament in Orlando. But all of this seems to have been rendered a moot point by the all-but-official exit of coach Tubby Smith with Penny Hardaway, and probably much if not all of his staff, waiting in the wings.

Shelby County Mortgage Market Up 9 Percent in February

Now that the weather is starting to warm up a little from the frigid start to the year, mortgage lenders like Jessica Campbell are noticing something else: a “steady increase” in both refinances and purchase mortgage volume.

POLITICS

Republican Mayoral Candidates Find Ways to Differentiate

The three contenders in the May Republican primary for Shelby County mayor didn’t disagree on much when they met this week at the Southwind clubhouse. But David Lenoir, Joy Touliatos and Terry Roland did try to distinguish themselves from the other two in a relatively spark-free first encounter as a trio.

Issues and Answers: Election 2018

In a survey of 19,000 adults in fall 2017, the Knight Foundation found that 84 percent of Americans think that the news media is very important, even critical, to our democracy. Eighty-eight percent said that news media must “make sure Americans have the knowledge they need to be informed about public affairs.”

THE PRESS BOX

Tubby Time

Smith never knew how fast his clock was ticking

At various points in his life, Guffrie Smith was a soldier, a barber, a farmer, and a school bus driver. These are not jobs that reward impatience. If you’re inpatient in those occupations, you or someone else gets hurt.

SPORTS

Russell Happy She Came Back, Even If . . .

Mercedes Russell had a tough decision to make last March when the Tennessee Lady Vols ended a disappointing season in the second round of the NCAA women’s tournament.

Third School’s the Charm

When Nick King signed with the University of Memphis, he had dreams of being the player he was at East High School: an impossible mismatch all over the floor. Problem was, coach Josh Pastner saw the 6-foot-7 King as a traditional power forward. The conflicting visions never meshed and after two seasons King transferred to the University of Alabama.

THE TIPPING POINT

At ComCap Partners, Alex Willis Focuses on Improving Community

Ever spot your name on a street sign? It’s a total coincidence – you know this to be true – and yet you may be tempted to stop and grab a selfie with the caption built right in. If you’re a Memphian descended from renowned civil rights leader A.W. Willis, Jr., though, the Willis in white letters on a green sign was your grandfather. And chances are, you share his first and middle initials, too.

LOCAL COLUMNISTS

Gorillas in the Living Room

IMPROVING THE VIEW. There are very large gorillas in our living room.

No Luck Investing

Ray’s Take: A rabbit’s foot on a string. A silver dollar. A four-leaf clover. A lucky penny. These are all lyrics from a 1961 song by our very own Memphis legend, Elvis Presley, titled “Good Luck Charm.”

TENNESSEE LEGISLATURE

Civil War Re-Enactor Outflanked On Statues, Medicaid Expansion

When state Rep. Steve McDaniel was a youngster he often read the historical marker at the intersection of Highway 22 and Wildersville Road detailing Confederate Lt. Gen. Nathan Bedford Forrest’s first West Tennessee raid in the Battle of Parker’s Crossroads.

Tennessee Panel Kills Bill to Outlaw Child Marriage

NASHVILLE, Tenn. (AP) – A Republican-led Tennessee House panel has killed a bill to ban child marriage because a socially conservative lobbyist argued it interferes with his state legal challenge of same-sex marriage.

Tennessee Panel Won't Let Las Vegas Shooting Survivors Speak

NASHVILLE, Tenn. (AP) – A Tennessee legislative panel refused to let two Las Vegas concert shooting survivors testify Wednesday after Republicans delayed action on a Democratic bill to ban the device used by that gunman in October.

STATEWIDE

Racist Recordings of Ex-Pilot Flying J Head to be Released

KNOXVILLE, Tenn. (AP) – Secret recordings capturing the ex-president of the country's largest diesel fuel retailer using racial slurs and profanely criticizing his own board of directors and his boss' football team and fans will be unsealed and released publicly.

REGIONAL NEWS

Mississippi Passes Law Banning Abortion After 15 Weeks

JACKSON, Miss. (AP) – Mississippi lawmakers on Thursday passed what is likely to be the nation's most restrictive abortion law, making the procedure illegal after 15 weeks of pregnancy.

NATIONAL BUSINESS

Health Insurer Cigna Buying Express Scripts for $52 Billion

Health insurer Cigna is buying the nation's biggest pharmacy benefit manager, Express Scripts, the latest in a string of proposed tie-ups as health care's bill payers attempt to get a grip on rising costs.

Kroger Q4 Profit Surges on Tax Reform, Outlook Disappoints

NEW YORK (AP) Kroger Co. reported a surge in fourth-quarter profit Thursday, but the lackluster results and outlook sunk shares.

Reynolds American Gives Bonuses, Keeps 99 Pct. of Tax Cuts

WINSTON-SALEM, N.C. (AP) – Reynolds American Inc. is giving most of its 5,500 employees a $1,000 bonus and keeping more than 99 percent of its earnings windfall from corporate tax reductions.

NATIONAL GOVERNMENT

Trump Rolling Out Big Trade Tariffs, Sparing Mexico, Canada

WASHINGTON (AP) – After a week of hints and uncertainty, President Donald Trump said Thursday he would announce tariffs on imported steel and aluminum but with temporary exemptions for Canada and Mexico as he seeks to revise the North American Free Trade Agreement. He suggested Australia and "other countries" might also be spared, a shift that could soften the international blow amid threats of retaliation by trading partners.

Trump Meets With Video Game Execs and Critics

WASHINGTON (AP) – President Donald Trump revived a debate over the link between gun violence and graphic depictions of violence in video games Thursday, bringing members of the video game industry and some of their most vocal critics to the White House.

TECHNOLOGY

Study Finds False Stories Travel Way Faster Than the Truth

WASHINGTON (AP) – Twitter loves lies. A new study finds that false information on the social media network travels six times faster than the truth and reaches far more people.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 83 363 9,932
MORTGAGES 91 378 11,692
FORECLOSURE NOTICES 0 39 1,673
BUILDING PERMITS 213 788 21,098
BANKRUPTCIES 50 213 6,650
BUSINESS LICENSES 40 125 3,564
UTILITY CONNECTIONS 30 139 4,122
MARRIAGE LICENSES 12 91 2,270

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