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Editorial Results (free)

1. Lynnfield Place Apartments Sell for $22.4 Million -

1400 Lynnfield Road
Memphis, TN 38119
Sale Amount: $22.4 million

Sale Date: Nov. 7, 2014
Buyer: Lynnfield Apartments LLC
Seller: Lynnfield Holdings LLC
Loan Amount: $20 million
Loan Date: Nov. 3, 2014
Borrower: Lynnfield Apartments LLC
Lender: Arbor Commercial Funding LLC
Details: The Lynnfield Place apartment community in East Memphis has sold for $22.4 million.

2. After Overcoming Hurdles, Southwest Opens Nursing School -

More than four years after breaking ground for a new nursing building, leaders of Southwest Tennessee Community College last week formally opened the school’s new Nursing, Natural Sciences and Biotechnology Building.

3. Lynnfield Place Apartments Sell for $22.4 Million -

The Lynnfield Place apartment community in East Memphis has sold for $22.4 million.

Lynnfield Apartments LLC, an affiliate of Hyde Capital LLC, purchased the 400-unit community at 1400 Lynnfield Road, between Park Avenue and Quince Road in East Memphis, from Lynnfield Holdings LLC, according to a Nov. 7 special warranty deed. Hyde Capital LLC lists an address of 3094 Autumnwood Ave. in Memphis, the same address of the 324-unit Autumnwood Apartments, which is owned by an affiliate of Hyde Multifamily Investments LLC.

4. Stonewall Jackson's Little Slice of Heaven in Brentwood -

“Everybody has to meet his Waterloo,” sings honky-tonk hero Stonewall Jackson in his breakthrough No. 1 hit back in 1959.

Of course, that line, the entire song really, means everybody must meet his or her fate someday.

5. Green Hills in Full Boom Despite Traffic Woes -

Stephen Graw first moved to Green Hills in 2004 right after college, renting a house with a bunch of buddies from school. Like his neighborhood, he’s done a lot of growing in the last decade and is now a senior advisor at Sperry Van Ness Nashville and on the Chamber West Leadership Council.

6. Hillsboro High Land Sale: New School, Big Profit -

Merritt Rowe knows her children will never personally benefit from any changes to Hillsboro High School in Green Hills, but as the parent of two current students and another starting next year, it is something she is willing to fight for and encourages other parents – especially those of future students – to do the same.

7. Homewood Suites Owner Files $2 Million Loan -

The owner of a Homewood Suites by Hilton in Southeast Memphis has filed a $2 million loan on the property.

DBG Hotels LLC filed the loan with Arvest Bank of Arkansas for the hotel at 3583 Hacks Cross Road, near the intersection with Winchester Road, according to a Nov. 4 deed of trust.

8. Paragon Bank Launches Wealth Solutions Division -

Paragon Bank has formed a wealth solutions division, a group of six led by president and managing director Dan Overbey, in a move beyond its traditional banking services to offer a new suite of products to customers.

9. Collierville Daycares Sell for $4.4 Million -

Two Collierville daycare centers have sold for a combined $4.4 million.

SDK Properties LLC sold the center at 105 Crescent Drive to Store Master Funding VII LLC for $2.5 million and the center at 1649 S. Shea Road to the same entity for $1.8 million, according to warranty deeds filed Nov. 14. The buyer, Store Master Funding VII LLC, is an affiliate of Scottsdale, Ariz.-based real estate investment trust STORE Capital. The centers operate as Kid Tech #1 and Kid Tech #2.

10. US Unemployment Aid Applications Fall to 291,000 -

WASHINGTON (AP) – The number of people applying for U.S. unemployment benefits declined slightly last week, suggesting that job gains should remain solid.

Weekly applications for jobless aid fell 2,000 to a seasonally adjusted 291,000, the Labor Department said Thursday. The four-week average, a less volatile measure, rose 1,750 to 287,500.

11. Collierville Daycares Sell for $4.4 Million -

Two Collierville daycare centers have sold for a combined $4.4 million.

SDK Properties LLC sold the center at 105 Crescent Drive to Store Master Funding VII LLC for $2.5 million and the center at 1649 S. Shea Road to the same entity for $1.8 million, according to warranty deeds filed Nov. 14. The buyer, Store Master Funding VII LLC, is an affiliate of Scottsdale, Ariz.-based real estate investment trust STORE Capital. The centers operate as Kid Tech #1 and Kid Tech #2.

12. New Daisy Changes Hands at Critical Time for Beale -

Three decades is a long enough time on Beale Street for any institution to create its own remarkable life.

But when that 30 years is part of a longer life of nearly 80 years and it’s on a street with an even longer history and heritage, there can be a tendency to forget how much time has passed in the latest life.

13. Adelman, Gibson Lease New Daisy Theater -

The California nightclub developer taking on the old Club Crave on Beale Street and the Memphis businessman who was a driving force behind the new Hattiloo Theater location in Overton Square are the new owners of Beale Street’s longest-running showcase music venue, The New Daisy Theater.

14. Dollar, S&P Levels Point to 1996 -

As trading becomes more mechanized, investors must consider not only market fundamentals but also what‘s driving the algorithms. With the proliferation of ETFs, less analysis occurs at the security level, and more analysis occurs on the technical level.

15. Paragon Bank Launches Wealth Solutions Division -

Paragon Bank has formed a wealth solutions division, a group of six led by president and managing director Dan Overbey, in a move beyond its traditional banking services to offer a new suite of products to customers.

16. Fairgrounds Project Linked to Schools Lawsuits -

Attorneys for the city of Memphis and for Shelby County Schools are trying another round of court-ordered mediation before the Thanksgiving holiday in the six-year-old lawsuit over school funding.

And if the mediation doesn’t resolve the legal stalemate on claim and counterclaim, the Shelby County Commission might make a settlement of the lawsuit a condition for endorsing the city’s plans for financing a renovation of the Mid-South Fairgrounds.

17. Commission Compromise Promises to End Rules Lawsuit -

Shelby County commissioners appeared Monday, Nov. 17, to have a compromise in place that will lead to the lawsuit filed by seven commissioners against chairman Justin Ford being dropped as early as Tuesday.

18. Paragon Bank Launches Wealth Solutions Group -

Paragon Bank has formed a wealth solutions division, a group of six led by president and managing director Dan Overbey, in a move beyond its traditional banking services to offer a new suite of products to customers.

19. Elvis Presley Enterprises Seeks $70 Million Building Permit for Hotel -

3600 Elvis Presley Blvd.
Memphis, TN 38116
Permit Amount: $70 million

20. City Council to Consider Police Funding -

Memphis City Council members will consider Tuesday, Nov. 18, taking $1 million from city reserves to fully fund an additional Memphis police recruit class in the current fiscal year.

The $1 million from reserves would go with $2 million the council approved at the start of the fiscal year for a new recruit class.

21. Microsoft Surpasses Exxon as 2nd Most Valuable Co. -

SAN FRANCISCO (AP) – The bull run in Microsoft's stock this past year has helped the tech giant surpass Exxon Mobil and seize the rank of the second most valuable company, behind Apple Inc.

22. County Commission to Consider Fairgrounds Deal -

The idea of reconfiguring the Mid-South Fairgrounds as a public recreation area financed by the city of Memphis with sales tax revenue from retail development has come back to life under new terms.

23. Estates at River Pointe Owner Files $31.2M Loan -

The owner of the Estates at River Pointe apartment complex on Mud Island has taken out a $31.2 million loan on the property.

Knickerbocker Properties XXXIX, an affiliate of New York-based Sentinel Real Estate Corp., filed the multifamily deed of trust, assignment of leases and rents, security agreement and fixture filing Oct. 30 through Berkeley Point Capital LLC.

24. Lending a Hand -

Mid-South Drug Testing president Kelly Dobbins is the kind of entrepreneur banks and lenders are increasingly making it a point to seek out.

25. Homewood Suites Owner Files $2 Million Loan -

The owner of a Homewood Suites by Hilton in Southeast Memphis has filed a $2 million loan on the property.

DBG Hotels LLC filed the loan with Arvest Bank of Arkansas for the hotel at 3583 Hacks Cross Road, near the intersection with Winchester Road, according to a Nov. 4 deed of trust.

26. Wunderlich Adds to Equity Capital Markets -

The last few weeks have been a time of expansion and growth for Memphis-based investment firm Wunderlich Securities Inc.

27. Hillwood to Launch Two Spec Buildings in DeSoto County -

A Texas-based development firm will start turning dirt soon on a massive new business park in DeSoto County.

Hillwood Investment Properties is expected to begin site work in around 30 days on Legacy Park, a 266-acre distribution and business park on the south side of Goodman Road, just east of Hacks Cross Road near Polk Lane.

28. Tigers Linebacker Harris Wins Academic Honors -

Memphis senior linebacker Charles Harris, who led the Tigers with seven tackles in last Friday’s 16-13 win at Temple, which made the team bowl-eligible, has been named to the Capital One Academic All-District 3 NCAA Division I Football Team.

29. Estates at River Pointe Owner Files $31.2 Million Loan -

The owner of the Estates at River Pointe apartment complex on Mud Island has taken out a $31.2 million loan on the property.

Knickerbocker Properties XXXIX, an affiliate of New York-based Sentinel Real Estate Corp., filed the multifamily deed of trust, assignment of leases and rents, security agreement and fixture filing Oct. 30 through Berkeley Point Capital LLC.

30. Highland Row Developer Applies for $6.7 Million Permit -

387 S. Highland St.
Memphis, TN 38111
Permit Amount: $6.7 million

Project Cost: $61 million
Application Date: November 2014
Engineer: Jordan & Skala Engineers
Details: Indianapolis-based developer Milhaus Ventures has applied for another building permit for the long-awaited Highland Row project near the University of Memphis.

31. I Choose Memphis: Scott Wilson -

“I Choose Memphis” spotlights Memphians who are passionate about calling this community home. New Memphis Institute provides the profiles.

Name: Scott Wilson

32. FedEx Founder: Expect More Automation -

FedEx founder, chairman and CEO Fred Smith is pretty confident that robotics, automation and perhaps drones will play an increasingly large role in the FedEx of the future.

33. Former Marriott Hotel Sells for $5.1 Million -

An East Memphis hotel has been sold for $5.1 million.

JPMCC 2007 CIBC19 Lodging 2625 LLC sold The Hotel Memphis at 2625 Thousand Oaks Blvd., near Perkins Road and Interstate 240, to Jubilee Hotels Group LLC, according to an Oct. 29 warranty deed.

34. Analysts: How GOP Congress Could Boost US Economy -

WASHINGTON (AP) – Voters made clear Tuesday that they're worried about the economy, despite steady job gains, a robust stock market and faster economic growth this year.

So what can – and should – the now-dominant Republicans in Congress and President Barack Obama do together to benefit more Americans?

35. Council Votes Down Elvis Presley Boulevard Car Lot -

The Memphis City Council voted down Tuesday, Nov. 4, the move of a used car lot on land owned by Graceland to a lot further north on Elvis Presley Boulevard near the new 450-room resort style hotel Elvis Presley Enterprises is building.

36. US Trade Deficit Expands in September -

WASHINGTON (AP) – The U.S. trade deficit rose in September as exports slumped, a sign that the world's biggest economy is starting to feel the impact of weakening global growth.

The Commerce Department said Tuesday that the trade deficit rose 7.6 percent to $43 billion in September. That marks the first increase in four months. A deficit occurs when a country imports more than it exports.

37. Hagerty Works Toward Better Air Connection -

In its second term, Gov. Bill Haslam’s administration hopes to draw even more foreign-based business investment to Tennessee by building international air travel in a state that currently has no hub airports.

38. Investment Group Buying Varsity Brands -

A private equity firm is in the process of leading an acquisition of Memphis-based Varsity Brands.

The latter is comprised of a portfolio of three school achievement brands – Herff Jones, BSN Sports and Varsity Spirit. Varsity Brands’ current leadership, under the terms of the proposed acquisition agreement, will get to both keep their current positions and join the investment group led by Charlesbank Capital Partners that’s buying the firm.

39. Tennessee Ranked Top State for Foreign Investment -

Tennessee has been ranked the top state in the nation for foreign direct investment job commitments in 2013.

That's according to the recently released 2014 Global Location Trends report.

The annual report from the IBM Institute for Business Value measured the number of jobs created by foreign-owned companies in each state during the 2013 calendar year. Following Tennessee in the rankings were Texas, Georgia and Ohio.

40. Former Marriott Hotel Sells for $5.1 Million -

An East Memphis hotel has been sold for $5.1 million.

JPMCC 2007 CIBC19 Lodging 2625 LLC sold The Hotel Memphis at 2625 Thousand Oaks Blvd., near Perkins Road and Interstate 240, to Jubilee Hotels Group LLC, according to an Oct. 29 warranty deed.

41. Midtown Cash Saver Property Sells for $5.3 Million -

1620 Madison Ave.
Memphis TN 38104
Sale Amount: $5.3 million

Sale Date: Oct. 24, 2014
Buyer: LAG Memphis LLC
Seller: Super Market Developers Inc.
Loan Amount: $3.9 million
Loan Date: Oct. 24, 2014
Lender: Ladder Capital Finance LLC
Details: The Cash Saver property on Madison Avenue in Midtown has been sold for $5.3 million.

42. Midtown Cash Saver Property Sells for $5.3 Million -

The Cash Saver store on Madison Avenue in Midtown has sold for $5.3 million.

Super Market Developers Inc., an affiliate of Associated Wholesale Grocers Inc., sold the grocery store at 1620 Madison Ave. to LAG Memphis LLC, which is affiliated with New York-based Ladder Capital Finance LLC, according to an Oct. 24 special warranty deed.

43. Trustmark Sees Third-Quarter Net Income Gain -

Trustmark Corp.’s just-ended third quarter saw the bank grow its net income slightly.

The bank reported $33.6 million of net income, up 2 percent from the prior quarter and third quarter of 2013. During the first nine months of 2014, Trustmark’s net income totaled $95.5 million, up 6 percent from the prior year.

44. Battle Rages On Between Regional Foes -

In October, Old Dominion Freight Line Inc. opened the door, or 267 doors to be more precise, on its new $30 million service center in Memphis.

45. Mississippi Company Waited Years to Acquire The Horizon -

Walker Thrash, principal of Dawn Properties Inc., first heard about The Horizon shortly after work on the ambitious condominium tower overlooking the Mississippi River ground to a halt in 2009.

46. US Economy Rallies to Solid Third-Quarter Growth -

WASHINGTON (AP) – The U.S. economy powered its way to a respectable growth rate of 3.5 percent from July through September, outpacing most of the developed world and on track to extend the momentum through the end of the year and beyond.

47. Events -

The South Main Art Trolley Tour will be held Friday, Oct. 31, from 6 p.m. to 9 p.m. in the South Main Historic Arts District. Email info@southmainmemphis.net.

48. Grizzlies Brass Has Challenge In Analyzing Player Minutes -

It took but a single game for one of the Memphis Grizzlies’ main dilemmas to present itself. Namely, what’s a coach to do when his starters are playing well and the bench is giving him almost nothing?

49. Trustmark Sees Third-Quarter Net Income Gain -

Trustmark Corp.’s just-ended third quarter saw the bank grow its net income slightly.

The bank reported $33.6 million of net income, up 2 percent from the prior quarter and third quarter of 2013. During the first nine months of 2014, Trustmark’s net income totaled $95.5 million, up 6 percent from the prior year.

50. Midtown Cash Saver Property Sells for $5.3 Million -

The Cash Saver store on Madison Avenue in Midtown has sold for $5.3 million.

Super Market Developers Inc., an affiliate of Associated Wholesale Grocers Inc., sold the grocery store at 1620 Madison Ave. to LAG Memphis LLC, which is affiliated with New York-based Ladder Capital Finance LLC, according to an Oct. 24 special warranty deed.

51. Charitable Giving a Win-Win -

Ray’s take: The UBS Investor Watch “Doing Well at Doing Good” report released recently says, “In spite of the recent economic uncertainty, America's ‘giving gene’ remains intact, and donations of money have actually increased.”

52. Midtown Cash Saver Store Sells for $5.3 Million -

The Cash Saver store on Madison Avenue in Midtown has sold for $5.3 million.

Super Market Developers Inc., an affiliate of Associated Wholesale Grocers Inc., sold the grocery store at 1620 Madison Ave. to LAG Memphis LLC, which is affiliated with New York-based Ladder Capital Finance LLC, according to an Oct. 24 special warranty deed.

53. Churchill Joins Gateway Group -

Natalie Churchill has joined Gateway Group Personnel as recruiting assistant for the temporary staffing division. In her new role, Churchill will source, qualify and interview candidates to place in positions ranging from accounting, administration (receptionists to executive administrative assistants), medical office, human resources and customer service.

54. US Pending Home Sales Rise Slightly in September -

The number of Americans signing contracts to buy homes ticked up only slightly in September, as it remained difficult to qualify for mortgage financing.

The National Association of Realtors said Monday that its seasonally adjusted pending home sales index rose 0.3 percent over the past month to 105. The index remains half a percentage point below its 2013 average, although 1 percent higher than a year ago.

55. CWCapital Sheds Willow Lake Buildings -

3900, 4100 Willow Lake Blvd.
Memphis, TN 38118
Sale Amount: $1.9 million

56. Out-of-Patience Investors Sell Off Amazon -

NEW YORK (AP) — Amazon has long acted like an ideal customer on its own website: a freewheeling big spender with no worries about balancing a checkbook. Investors confident in founder and CEO Jeff Bezos' invest-and-expand strategy flooded into the stock as the company revolutionized shopping, upended the book industry and took on the cloud — even though its vast range of initiatives ate up all the company's profits.

57. US Stocks Jump Following Strong Corporate Earnings -

NEW YORK (AP) — A combination of strong company earnings and encouraging economic reports, both in the U.S. and Europe, gave the stock market another day of solid gains on Thursday.

Caterpillar jumped after its third-quarter earnings report was better than Wall Street analysts had been expecting. The company also raised its profit outlook for the year. 3M, the maker of Post-it notes, industrial coatings and ceramics, was among other companies that gained after releasing impressive third-quarter results.

58. Willow Lake Sales Positive News For The Market -

The sale this week of five properties inside Willow Lake Business Park and Corporate Park for $4.2 million was welcome news for several reasons.

For one, true owners tend to take much better care of properties and market them more aggressively than special servicers like Bethesda, Md.-based CWCapital Asset Management.

59. US Consumer Prices Rose 0.1 Percent in September -

WASHINGTON (AP) — U.S. consumer prices edged up slightly in September, with the overall increase held back by a third straight monthly decline in gasoline prices. The tiny gain was the latest evidence that inflation remains benign.

60. Willow Lake Building Sold for $1.9 million -

Another building inside Willow Lake Business Park and Corporate Park in Hickory Hill has been sold for $1.9 million.

Willow Lake Business Park LLC acquired 3592 Willow Lake Blvd. from 198-6 Memphis Industrial Portfolio Holdings LLC, which is affiliated with Bethesda, Md.-based special servicer CWCapital Asset Management, according to an Oct. 13 warranty deed.

61. Palazzolo, Brogdon Talk 3 Gs in Germantown Debate -

The two candidates for mayor of Germantown offered different views about where the city is and future goals Tuesday, Oct. 21, before an overflow crowd at the Germantown Municipal Center.

Mike Palazzolo and George Brogdon, who retired as the city’s community services director to run for mayor, are running on the Nov. 4 ballot to succeed five-term mayor Sharon Goldsworthy, who is not seeking re-election.

62. China Economy Grows at Slowest Pace in 5 Years -

BEIJING (AP) — China's economic growth waned to a five-year low of 7.3 percent last quarter, raising concerns of a spillover effect on the global economy but falling roughly in line with Chinese leaders' plans for a controlled slowdown.

63. Incentive Applications Lag Previous Years -

Until a spate of activity this month, Memphis and Shelby County were on pace to tie a record-low for the number of payment-in-lieu-of-taxes agreements granted to companies in a year.

Through September, the city-county Economic Development Growth Engine, the primary business incentive body in Memphis and Shelby County, had awarded just four PILOTs, tied with 2006 for the lowest amount of PILOTs issued in a year since 2002.

64. Council Considers Car Lot By New Graceland Hotel -

The Memphis City Council takes up a special use permit Tuesday, Oct. 21, to allow a used car lot at 3510 Elvis Presley Blvd., south of Winchester Road, by Babak Makki.

65. Two Willow Lake Buildings Sold for $1.9 Million -

Two buildings inside Willow Lake Business Park and Corporate Park in Hickory Hill have been sold for $1.9 million.

Eagle Capital LLC acquired 3900 Willow Lake Blvd. and 4100 Willow Lake Blvd. from 198-6 Memphis Industrial Portfolio Holdings LLC, which is affiliated with Bethesda, Md.-based special servicer CWCapital Asset Management LLC, according to an Oct. 13 warranty deed.

66. First Horizon Reports Positive Third Quarter -

The parent company of First Tennessee Bank moved back to profitable territory for the third quarter from a loss during the same period in 2013, reporting net income of $45 million, or 19 cents a share, for the period ending Sept. 30.

67. Recruiter’s Career Twist -

Ask Janet Miller about her remarkable career at the Nashville Area Chamber of Commerce and she’ll likely attribute it to good timing or pass credit onto others.

68. US Retail Sales Fall in September -

U.S. retail sales retreated in September as purchases of autos, gasoline, furniture and clothing slowed, a sign that recent job gains have yet to significantly boost consumer spending.

The Commerce Department said Wednesday that seasonally adjusted retail sales dropped 0.3 percent from the previous month. Sales have risen 4.3 percent in the past 12 months, slightly below their historical pace.

69. EDGE Approves Trio of PILOT Tax Breaks -

Three companies – including a wing of Memphis-based FedEx – received tax breaks for projects in Memphis that total more than $25 million in capital investment and will create 272 new jobs.

70. First Horizon Swings Back to Quarterly Profit -

The parent company of First Tennessee Bank moved back to profitable territory for the third quarter from a loss during the same period in 2013, reporting net income of $45 million, or 19 cents a share, for the period ending Sept. 30.

71. EDGE Approves Trio Of PILOT Tax Breaks -

Three companies – including a wing of Memphis-based FedEx – received tax breaks for projects in Memphis that total more than $25 million in capital investment and will create 272 new jobs.

72. US Retail Sales Fall in September -

U.S. retail sales retreated in September as purchases of autos, gasoline, furniture and clothing slowed, a sign that recent job gains have yet to significantly boost consumer spending.

The Commerce Department said Wednesday that seasonally adjusted retail sales dropped 0.3 percent from the previous month. Sales have risen 4.3 percent in the past 12 months, slightly below their historical pace.

73. Plans for Lakeland Prep Start to Move -

Some of the six suburban school systems were already looking ahead to building new schools before they opened for their inaugural year this past August.

This week, the Lakeland Board of Commissioners became the first of the suburban governments to move toward financing new school construction for what would be called Lakeland Prep.

74. The Horizon Sells to Mississippi Developer for $13.5 Million -

A Mississippi-based developer has acquired the uncompleted Horizon condominium tower overlooking the Mississippi River in Downtown.

Dawn Properties Inc. of Hattiesburg, which is primarily involved in the acquisition, development and management of multifamily properties, has purchased the 16-story, 155-unit tower for $13.5 million and plans on completing the luxury condominiums.

75. Unequal Pay: Must Be a Lot of Good Karma Out There -

NEW YORK (AP) – Don't ask for a raise. Keeping quiet will give you "superpowers" that will translate into employer trust and other "good karma" that will eventually come back around to your purse.

76. Corporate Deals Set to Hit Pre-Crisis Level -

In a year that's been awash with multibillion dollar corporate deals, the number and value of mergers and acquisitions is set to grow further, reaching pre-crisis levels over the coming 12 months, consulting firm EY said Monday.

77. Women’s Foundation Names Officers, Board Members -

The board of directors of the Women’s Foundation for a Greater Memphis has announced its 2014-15 executive committee, new officers and incoming board members. The following women were elected and will serve in their respective capacities for a three-year term.

78. Germantown Collection Sells for $13 Million -

Germantown Collection, a 55,373-square-foot retail center at 7820 Poplar Ave., sold for $13 million on Oct. 3 to Germantown Collection Property LLC, an entity affiliated with Wicker Park Capital Management LLC and Bayer Properties LLC.

79. Brook Chase Apartments Sells for $31.1 million -

The 280-unit Brook Chase Apartments community in Germantown has been sold for $31.1 million.

Brook Chase Apartments Partnership LLC, an affiliate of Germantown-based Sentinel Real Estate Corp., sold the complex to G & I VIII Brook Chase LLC, an affiliate of New York City-based DRA Advisors LLC, according to an Oct. 3 special warranty deed. G & I VIII Brook Chase LLC also filed a $22.1 million loan with CBRE Capital

80. Connecting Creatives -

In a body of water, an undercurrent is something that moves beneath the surface and which, though it might be unseen, is unwise to ignore, especially when it flows in the opposite direction of currents visible on the surface.

81. Service Without a Smile: Why Airlines Aren't Nice -

NEW YORK (AP) – Passengers cherish Virgin America for its mood lighting, live TV, fancy cocktails and friendly flight attendants. That nice-guy approach to air travel wins awards and attracts a cult following, but may not fly with Wall Street.

82. Local Tech Startup Growth On Right Path -

More than 500 Memphis business leaders, investors, entrepreneurs and innovators gathered at the Orpheum Theatre in late August, but they weren’t there for the latest show from Broadway.

They convened to participate in Start Co. Demo Day, when 15 innovative startups from a variety of sectors unveiled their products.

83. Paragon Launches Small-Business Group -

Memphis-based Paragon Bank is expanding beyond the city, thanks to its launch of a new division focused on small-business lending.

84. Women’s Foundation Names Officers, Board Members -

The board of directors of the Women’s Foundation for a Greater Memphis has announced its 2014-15 executive committee, new officers and incoming board members. The following women were elected and will serve in their respective capacities for a three-year term.

85. Obama Claims Progress on Wall Street Rules -

WASHINGTON (AP) – A year after prodding financial regulators to act more swiftly to rein in Wall Street, President Barack Obama on Monday claimed progress in toughening banking rules but urged bank overseers to consider additional ways to prevent the kind of risk-taking that precipitated the 2008 financial crisis.

86. Corporate Deals Set to Hit Pre-Crisis Level -

In a year that's been awash with multibillion dollar corporate deals, the number and value of mergers and acquisitions is set to grow further, reaching pre-crisis levels over the coming 12 months, consulting firm EY said Monday.

87. Germantown Collection Sells for $13 Million -

Germantown Collection, a 55,373-square-foot retail center at 7820 Poplar Ave., sold for $13 million on Oct. 3 to Germantown Collection Property LLC, an entity affiliated with Wicker Park Capital Management LLC and Bayer Properties LLC.

88. Brook Chase Apartments Sells for $31.1 million -

The 280-unit Brook Chase Apartments community in Germantown has been sold for $31.1 million.

Brook Chase Apartments Partnership LLC, an affiliate of Germantown-based Sentinel Real Estate Corp., sold the complex to G & I VIII Brook Chase LLC, an affiliate of New York City-based DRA Advisors LLC, according to an Oct. 3 special warranty deed. G & I VIII Brook Chase LLC also filed a $22.1 million loan with CBRE Capital Markets Inc., according to an Oct. 3 multifamily deed of trust.

89. Five Reasons to Consider Traverse City -

Here are a few rules: American beach vacations must take place in Florida, wine getaways in Napa, snow adventures in Colorado, and leaf-viewing excursions in New England.

If that’s what you think, think again. In fact, if you’re looking for a year-round destination that features all of these activities and more, you can find it in and around Traverse City, Mich.

90. Room for Growth -

Sardor and Gulam Umarov are used to fighting battles with seemingly long odds.

Between 2005 and 2009, the brothers waged a high-profile human rights campaign against the authoritarian government in their native Uzbekistan for the release of their father, Sanjar Umarov, a Germantown businessman thrown into prison for opposing the regime.

91. US Factory Orders Posted Record Drop in August -

WASHINGTON (AP) – Orders to U.S. factories fell in August by the largest amount on record, but the drop was heavily weighed by an expected plunge in volatile aircraft orders.

A key category that tracks business investment plans posted a small increase, offering an encouraging sign that factory production will sustain momentum in the second half of this year.

92. Mississippi Tourism Officials Seek Bigger Promo Budget -

JACKSON, Miss. (AP) – Mississippi tourism officials are requesting more public money to promote the state in big media markets such as Atlanta and Chicago, hoping the investment will lure travelers to play golf, visit civil-rights landmarks or hear authentic blues music close to its roots.

93. Pace of US Factory Activity Slipped in September -

WASHINGTON (AP) – The pace of U.S. manufacturing growth slowed in September, as expectations for hiring and new orders slipped from their August levels.

The Institute for Supply Management, a trade group of purchasing managers, said Wednesday that its manufacturing index fell to 56.6 from 59 in August. Anything above 50 signals that manufacturing is growing.

94. Wunderlich Acquires Wealth Management Assets of New York Firm -

Memphis-based investment firm Wunderlich Securities Inc. is acquiring the wealth management assets of Dominick & Dominick LLC, a privately held New York-based investment firm.

95. Leadership and Fundraising -

“... The true leader can be recognized because somehow or other his people consistently turn in superior performances. ... A leader is great, not because of his or her power, but because of his or her ability to empower others. Success without a successor is failure.”

96. Economy's Q2 Rebound Was Even Faster Than Thought -

WASHINGTON (AP) – The U.S. economy's bounce-back last quarter from a dismal winter was even faster than previously thought, a sign that growth will likely remain solid for rest of the year.

97. US Bank Refunding $48 Million to Credit Card Customers -

WASHINGTON (AP) – U.S. Bank is refunding about $48 million in the latest federal settlement by a major bank over improper billing for extra credit card products that customers didn't receive.

98. Ugwueke to Clarify Health Care Complexities -

Clarity. That’s what anyone attending a seminar on health care is seeking. What’s going on here and across the country? What’s the impact of the Affordable Care Act? What are the trends? What about the looming shortage of primary care physicians?

99. The Only Difference: Mindset -

The same truths not brought into action present themselves as lessons, ongoing themes. This one rings with more truth every time I encounter it. Mindset is the real pivot point, the only true sustainable, competitive advantage (other than exclusivity, which is always temporary) for organizations that want to flourish.

100. County Commission Starts School Bond Process -

Shelby County Commissioners vote Monday, Sept. 22, on a resolution that is the first step in issuing $120 million in general obligation bonds over the next two years to finance “public works projects, including schools,” according to the resolution.