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Editorial Results (free)

1. Council to Review Alternative Health Plan -

Memphis City Council members Tuesday, Sept. 2, talk over a proposed high-deductible health insurance plan that would restore health benefits for city employees and retirees.

The 1:30 p.m. executive session discussion by the full council is the first since the leaders of the Memphis Fire Fighters Association pitched the plan at a health insurance oversight committee session in July.

2. Developers Swing, Miss in Attempt to Buy Prime Germantown Locale -

The first time I stepped into this mustard-yellow building at 300 Jefferson Street to ask how it felt to have the Nashville Sounds moving in across the street, Wayne Woelk, 50, was having a heart attack.

3. People Power -

Meg Crosby and her fellow principals at the HR-focused consulting firm PeopleCap chose that name for their organization because of the way they think about the modern workplace – particularly, the ever-changing nature of the employees who populate it.

4. Greenprint Advocates Tout Range of Benefits -

After being lampooned for years as one of the worst metro areas in the country for bicyclists and pedestrians, the Memphis region is poised to make a huge leap forward in developing a regional greenway and trail system.

5. Meet Hong Kong -

I just realized that while I have now lived in Hong Kong for nearly a month I have failed to properly introduce you. Allow me to give you the tour.

Between 1842 and 1997, the British controlled the 425-square-mile territory of Hong Kong, which includes Kowloon, the New Territories and over 200 smaller islands. Its proximity to China and its naturally deep water ports make Hong Kong an ideal trade destination. When China reopened in the 1980s, manufacturing boomed in nearby Shenzhen, and Hong Kong became the natural financial and logistics center ... in a way, China’s front office.

6. Source: Horizon Under Contract To Be Purchased -

The Horizon, an uncompleted 16-story residential tower overlooking the Mississippi River on the southern end of Downtown, could change hands soon.

A yet-to-be-identified buyer is under contract to purchase the tower, according to sources familiar with the effort.

7. Fullilove Calls Off Sales Tax Hike Try, Unions May Try -

Memphis City Council member Janis Fullilove pulled the plug Tuesday, Aug. 19, on a proposed November referendum on a citywide half cent sales tax hike.

8. Council Reviews Pension Investment Changes -

For the first time in months, Memphis City Council members have no committee discussions scheduled Tuesday, Aug. 19, on city health insurance benefits or proposed pension plan changes.

But the council will vote on the first in a series of pension plan changes to come.

9. LYFE Kitchen Moving to Memphis -

LYFE Kitchen, a unique California-based restaurant concept, will move its headquarters to Memphis and open two locations – one in Downtown and another in East Memphis.

Palo Alto, Calif.-based LYFE, which stands for Love Your Food Everyday, will open a restaurant in the former Sharky’s Gulf Grill location at 6201 Poplar Ave. and another inside Downtown’s Chisca Hotel, now under construction.

10. New York Firm Buys Retirement Community -

996 Cherry Road
Memphis, TN 38117
Sale Amount: $12.9 million

Sale Date: July 30, 2014
Buyer: GFTV Audubon Owner LLC
Seller: TV Memphis LP
Loan Amount: $23.5 million
Loan Date: July 30, 2014
Maturity Date: N/A
Lender: Grandbridge Real Estate Capital LLC
Details: An affiliate of New York-based Garrison Investment Group has paid $12.9 million for the 176-unit Town Village Audubon Park retirement community at 950 Cherry Road in East Memphis.

11. McDonald's Sales Hit by China Scandal, US Weakness -

NEW YORK (AP) – McDonald's says a global sales figure fell 2.5 percent in July, dragged down by persistent weakness in the U.S. and a food safety scare in China.

The world's biggest hamburger chain said Friday that the decline included a 3.2 percent drop in the U.S. and a 7.3 percent drop in the unit encompassing Asia, the Middle East and Africa.

12. Springing to Life -

When Ridgeland, Miss.-based development firm the Bryan Co. broke ground on The Horizon condominium tower in 2007, it was at the peak of the housing bubble and optimism from elected officials and Downtown boosters was equally high.

13. FastPark & Relax Owner Files Loan -

The local owner of the FastPark & Relax airport-area parking facility at 2201 Winchester Road has filed a $2.4 million loan on the property.

14. Tamp & Tap to Open in East Memphis -

One of the newest office buildings in East Memphis has landed a popular local coffee shop and restaurant.

Tamp & Tap responded to repeated overtures from Highwoods Properties Inc. and has leased 2,785 square feet of space on the first floor of the Triad Centre III building on Poplar Avenue in East Memphis.

15. Johnson to Lead Pink Palace Fundraising Efforts -

Cathi Johnson has joined the Pink Palace Family of Museums as director of development. In her new role, she’ll design, implement and manage the museum system’s fundraising efforts, including individual and corporate gifts and sponsorships, grant writing, capital funds and planned giving.

16. Tennessee Supreme Court Races See Spending Spike -

NASHVILLE (AP) – An influx of campaign spending on three Tennessee Supreme Court seats has transformed what is traditionally a sleepy affair into a hard-fought campaign that has raised questions about the role of partisan politics in the judiciary.

17. More Vigorous US Economy Appears to Be Emerging -

WASHINGTON (AP) — The U.S. economy has rebounded with vigor from a grim start to 2014 and should show renewed strength into next year.

That was the general view of analysts Wednesday after the government estimated that the economy grew at a fast 4 percent annual rate in the April-June quarter. Consumers, businesses and governments joined to fuel the second-quarter expansion. The government also said growth was more robust last year than it had previously estimated.

18. Start Co. Steers Accelerators Toward Demo Day -

Memphis’ startup community is in the throes of its busiest summer in memory.

The Start Co. organization is running four startup accelerator programs at the moment simultaneously, compared to past undertakings that involved one accelerator at a time. The four programs underway now include Seed Hatchery, Upstart, SparkGap and Sky High, and they include the participation of more than two dozen teams, some of which hail from Memphis and others from around the country.

19. Contractors See Bright Days Ahead -

After slogging their way through the deepest economic slump in more than 60 years, Memphis area contractors say the near future looks much brighter than the dark days of the recession and its immediate aftermath.

20. Wal-Mart Names New CEO of US Discount Division -

NEW YORK (AP) – Wal-Mart is replacing the chief of its U.S. discount stores in what could be an indication that it's losing confidence that its largest business unit will rebound after more than a year of disappointing results.

21. Knowledge Tree Buys Cordova Retail Center -

8195 Dexter Road
Memphis, TN 38016
Sale Amount: $1.3 million

Sale Date: July 8, 2014
Buyer: K Tree LLC
Seller: 8195 Dexter Road LLC
Loan Amount: $1.5 million
Loan Date: July 11, 2014
Maturity Date: N/A
Lender: First Tennessee Bank NA
Details: An affiliate of the Knowledge Tree learning center has paid $1.5 million for the 28,575-square-foot shopping center at 8195 Dexter Road in Cordova.

22. First Horizon Reports Positive Quarter -

For the second quarter of its 150th anniversary year, the Memphis-based parent company of First Tennessee Bank reported growth in profit as well as increases in loans, while continuing to reduce the drag of the mortgage business the company sold in 2008.

23. Microsoft Cutting 18,000 Jobs, Signals New Path -

LOS ANGELES (AP) – Microsoft announced the biggest layoffs in its history Thursday, saying it will cut 18,000 jobs as it streamlines its Nokia mobile device business to focus on using the Windows Phone operating system.

24. Ehrhart Touts Liberty Bowl to SEC Schools -

HOOVER, Ala. – Steve Ehrhart has work to do.

The 56th AutoZone Liberty Bowl isn’t until Dec. 29, but the bowl’s executive director knows the time is now to make his case to SEC athletic directors.

25. Citigroup to Pay $7 Billion in Subprime Mortgages Probe -

WASHINGTON (AP) – Citigroup agreed Monday to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said "shattered lives" and contributed to the worst financial crisis in decades.

26. Dance Teacher Spreads Love of Dance From Cordova -

Arman Sahakyan, born in Armenia’s capital city of Yerevan, started taking dance classes as a 6-year-old.

Fast forward almost three decades, and today the 33-year-old remains committed to dance as an art form – only now he’s also spreading that enthusiasm to others as the owner of Dancing With Arman, a dance studio in Cordova.

27. We’re All Invited -

MEMPHIS, SERVED IN THE SHELL. Following up last week’s column, this from a reader:

“We have no civic pride, half the population is intent on killing as many as they can and the other part lives behind walls or gates. There was a time in the fifties when you could leave your front door unlocked and keys in the car.”

28. Cushman & Wakefield Adds Yates to Capital Markets Team -

Alex Yates has joined the Cushman & Wakefield/Commercial Advisors Capital Markets team as vice president, assisting and executing investment sales, debt/equity placement and development advisory projects. Yates’ efforts will be heavily concentrated in multifamily and retail, but he will focus on other product types as well.

29. Yellen Sees Little Threat to Financial Stability -

WASHINGTON (AP) – Federal Reserve Chair Janet Yellen said Wednesday that she doesn't see a need for the Fed to start raising interest rates to defuse the risk that extremely low rates could destabilize the financial system.

30. Contracts to Buy US Homes Up Sharply in May -

WASHINGTON (AP) – The number of Americans who signed contracts to buy homes shot up in May. But the pace of buying this year remains slower than in 2013, in part because of sluggish sales during winter.

31. Council Moves Toward Pension Changes -

Two weeks after approving changes in health insurance plans for city employees and retirees, the Memphis City Council meets Tuesday, July 1, to talk over a companion set of changes to the city’s pension plan for employees.

32. Paragon Bank Celebrates Record 2013 -

At Paragon Bank’s annual shareholders’ meeting this month, the bank’s leadership team could be forgiven for brimming with confidence.

33. Raymond James Recommits to Downtown -

Raymond James is extending its commitment to Downtown Memphis, where the investment firm will remain a key part of the city’s skyline for at least another decade.

The firm has reached a deal with Parkway Properties to extend its lease on the Raymond James Tower at 50 N. Front St. until March of 2024.

34. Economy Shrank at Steep 2.9 Percent Rate in First Quarter -

WASHINGTON (AP) – The U.S. economy shrank at a steep annual rate of 2.9 percent in the January-March quarter as a harsh winter contributed to the biggest contraction since the depths of the recession five years ago. But the setback is widely thought to be temporary, with growth rebounding solidly since spring.

35. New Nonprofit Charts Role in Blight Fight -

The bulldozer went straight for the leasing office of the former Spanish Oaks apartments on Cazassa Road near Memphis International Airport.

Meanwhile another bulldozer across the two-lane road was deep into demolishing a set of buildings in the old Winchester Park apartments.

36. Olive Garden, Red Lobster Sales Continue to Slide -

NEW YORK (AP) – Darden said Friday that sales continued to slide at Olive Garden and Red Lobster, with other costs dragging down its profit by 35 percent in the latest quarter.

The results fell short of Wall Street expectations, and shares were down 2.5 percent in midday trading.

37. New Push to Get Girls Into Computer Sciences -

MOUNTAIN VIEW, Calif. (AP) – Diana Navarro loves to code, and she's not afraid to admit it. But the 18-year-old Rutgers University computer science major knows she's an anomaly: Writing software to run computer programs in 2014 is – more than ever – a man's world.

38. Gestalt Schools Signs Lease in Hickory Hill -

A charter school operator has inked a lease for space on Winchester Road in Hickory Hill.

Gestalt Community Schools has leased 57,000 square feet of space at 5360 Winchester Road inside the Mendenhall Square shopping center.

39. Long Council Day Comes With Change, Emotions -

It was apparent early in the long council day Tuesday, June 17, at City Hall that there wouldn’t be many amendments to the $600 million operating budget and $84 million capital budget the council would approve later that evening.

40. Back on Track -

Two major Downtown projects that suffered setbacks after the real estate market seized up when the recession battered the economy are poised for a comeback.

Real estate experts and Downtown officials say the prospects for the Horizon on the southern end of Downtown and One Beale at Beale Street and Riverside Drive appear promising.

41. County Budget Season Not Over Yet -

The Shelby County Commission defeated two competing versions of the county property tax rate for the new fiscal year on the second of three readings Monday, June 16.

But they both advance to third and final readings when the commission meets in July.

42. Check, Please: Priceline Buys OpenTable for $2.6 Billion -

NEW YORK (AP) – Priceline has negotiated a $2.6 billion entree into the restaurant business.

The global travel booking king announced Friday it is acquiring the OpenTable Inc. in a deal that would put Priceline into a new business doing for restaurant reservations much what it does for hotel bookings.

43. House Votes to Make Business Tax Break Permanent -

WASHINGTON (AP) – The House voted Thursday to make permanent a generous tax break that makes it easier for small businesses to buy new equipment and improve their property, part of an election-year showdown over a series of expired tax breaks worth billions.

44. US Retail Sales Rose 0.3 Percent in May -

WASHINGTON (AP) – U.S. retail sales rose modestly in May as consumers turned cautious in their spending. But the weaker-than-expected growth is unlikely to derail stronger overall results in the second quarter.

45. Company Files Loan on Germantown Location -

The owner of the 26,640-square-foot Germantown Fresh Market and attached strip retail center at 9375 Poplar Ave has filed a $4.2 million loan on the property.

46. Council Weighs Timeline for Key Votes -

The Memphis City Council’s vote later this month on health insurance changes for city employees and retirees is critical in terms of increasing the city’s annual required contribution toward its unfunded pension liability.

47. How to Sabotage Your Fundraising -

Fundraising is about asking for money. That’s the common perception. But is it the truth?

Here’s what we have learned from our extensive work with nonprofit organizations, colleges and universities, individual donors, program officers and foundation executives: Fundraising is about much more than asking for money.

48. Luttrell Opens Campaign With Warning -

The way Mark Luttrell sees it, his campaign for mayor in 2014 is different than his campaign four years ago because then he was challenging an incumbent and now he is the incumbent.

49. Culture of Collaboration -

Despite tremendous advances in technology that yield nearly infinite access to information and the Internet’s connectivity of the world’s greatest experts, many companies continue to look inward for new product development and innovation.

50. Cohen Challenges Haslam on Medicaid Expansion -

U.S. Rep. Steve Cohen says the city’s fair share of federal funding for rape kit backlogs is $1 million.

51. Fed Survey: Economy Showing Improvement Across US -

WASHINGTON (AP) – A Federal Reserve survey shows the U.S. economy strengthening over the past two months in areas from manufacturing and construction to retail sales and bank lending.

Seven of the Fed's 12 regions – Boston, New York, Richmond, Chicago, Minneapolis, Dallas and San Francisco – reported "moderate" growth during the early spring, while the remaining five described growth as "modest," according to the Beige Book survey released Wednesday.

52. Budget Changes Include Cooper-Young Garage -

A Cooper-Young parking garage and a pool of capital funding divided equally among the seven Memphis City Council districts are the two biggest ticket items in the way of still-tentative budget amendments proposed by council members.

53. Council Begins Decisions on City Financial Changes -

Memphis City Council members took the first steps Tuesday, June 3, toward major changes in pension benefits for city employees and began delving into the details of even broader changes in health insurance coverage for city employees and retirees.

54. Bailey Continues Call for Shelby Farms Development -

Walter Bailey is the only serving Shelby County Commissioner who was part of the 1970s debate on the commission about what to do with the farmland that was the old Shelby County Penal Farm.

55. Luttrell, Malone Clash on Pre-K Expansion -

The top two contenders for Shelby County mayor had the closest thing yet to a debate Monday, June 2, on budget priorities.

Shelby County Mayor Mark Luttrell and his Democratic challenger, former County Commissioner Deidre Malone, didn’t address each other directly.

56. Commission Approves Budgets and Dueling Tax Rates Without PreK Amendment -

Shelby County Commissioners signed off Monday, June 2, on a $1.1 billion consolidated operating budget for all of Shelby County government as well as a $75 million capital budget, both for the fiscal year that begins July 1.

57. Commission to Vote on Budget, Tax Rate -

Shelby County Commissioners take final votes Monday, June 2, on a $1.1 billion operating budget and a $75 million capital budget for Shelby County government, and the first of three votes on a new property tax rate for the fiscal year that begins July 1.

58. Change on Tap for Many Local Public Companies -

Here’s a snapshot of recent news and developments at some of the publicly traded companies based in Memphis, reflecting the influence these companies have and the shadows they cast both in Memphis and beyond, in industries that range from bioscience to banking.

59. Get Real -

NASHVILLE, THE CAPITAL OF Q. WHO KNEW? Last week – in a move I equate with Russian forces massing along our eastern border – Travel + Leisure ranked Nashville as America’s #1 city for barbecue.

60. Protesters Oppose New Tennessee Electric Chair Law -

NASHVILLE (AP) – Protesters at the state Capitol voiced opposition Tuesday to a new law signed by Gov. Bill Haslam allowing the use of the electric chair if lethal injection drugs are unavailable to execute condemned prisoners.

61. Dykes Joins Family Safety Center as Controller -

Janet Dykes has joined the Family Safety Center, Memphis and Shelby County’s center for victims of domestic violence, as controller. In her new role, she is responsible for all finance, accounting and human resources functions, in addition to providing leadership and coordination in the organization’s administrative, business planning, accounting and budgeting efforts.

62. Commission Prepares Final Budget Moves -

When Shelby County Commissioners make the last adjustments to the county budget in committee sessions Wednesday, May 28, they will likely increase the 2.5 percent pay raise county Mayor Mark Luttrell proposed for county employees to 3 percent.

63. AutoZone Quarterly Profit Rises 7.4 Percent -

Memphis-based AutoZone Inc. has enjoyed double-digit earnings per share growth every quarter since the latter part of the administration of President George W. Bush – 31 straight quarters, to be precise.

64. West Clinic’s Midtown Locale Sells for $5.3 Million -

West Clinic’s cancer center at 1580 Union Ave. in Midtown has sold for $5.3 million, one of three centers in the area that sold recently.

65. Finding Your Ideal Partner -

How do you become a successful nonprofit fundraiser? What is the secret to success? An engaging personality, relationships, tenacity, creativity, sales ability and consistent follow through are some of the attributes of successful fundraisers.

66. Medical Makeover -

After suffering from years of benign neglect, a new, more invigorated Memphis Medical Center is finally beginning to take shape.

A drive or walk around the area these days shows the hallmarks of a changing landscape – bulldozers, backhoes, cranes and construction crews working feverishly to forge the new urban environment.

67. Grants Prove Bioworks is Delivering Good Results -

One grant is good. Two grants are better.

In 2012, Memphis Bioworks received a grant from the U.S. Environmental Protection Agency’s Environmental Workforce Developmental and Job Training Program (EWDJT). The $300,000 grant issued provided training for 110 persons, 65 of whom already have been placed in full-time jobs.

68. Selling to Connected Buyers -

First in a two-part series. The buying experience has been completely reinvented over the last decade, and companies slow to adapt are losing revenue and market share as a result.

A 2011 Sales Executive Council study showed 57 percent of the buying process is completed before a prospect even makes contact with a sales rep. We now live in a world built predominantly of connected buyers whose minds are almost made up before they choose to interact with a member of your team, as most of the desired information is at their fingertips, day or night. If they make contact, buyers don’t distinguish between a customer service and sales rep, as they see them as one in the same.

69. Trustmark Regional President Reflects on Future -

When yours is a bank that’s traditionally had a suburban footprint, moving inside the Interstate 240 loop to open a new regional headquarters is the kind of thing that makes a statement.

Trustmark’s newly opened regional headquarters, at 5350 Poplar Ave. in East Memphis, was an attempt to do just that. It came after Gene Henson, the bank’s Memphis region president, had been hunting for such a space for years – for pretty much the entirety of his time in Memphis, actually.

70. US Retail Sales Rise a Scant 0.1 Percent in April -

WASHINGTON (AP) – U.S. retail sales growth slowed in April, with consumers shopping less online and cutting back on purchases of furniture and electronics.

The Commerce Department said Tuesday that seasonally adjusted retail sales rose just 0.1 percent last month, after surging 1.5 percent in March following a harsh winter that had curtailed shopping.

71. US Seeks to Boost Small-Business Exports -

WASHINGTON (AP) – Seeking to boost exports, the Obama administration is launching a new initiative aimed at helping small- and medium-sized businesses sell their products in new markets overseas.

72. Commission Approves Compromise $52.1 Million in Schools Capital Funding -

Shelby County Commissioners approved Monday, May 12, an immediate infusion of $52.1 million in capital funding for Shelby County Schools and the six suburban school systems.

The compromise resolution worked out with leaders of the suburban school systems includes $4.8 million in capital projects at five of the six suburban school systems. It also keeps the $47.3 million in capital projects for Shelby County Schools a majority on the commission recommended in committee sessions last week. The Shelby County Schools list includes a new roof for Millington Central High School which is in the sixth of the six suburban school systems.

73. House Votes to Make Research Tax Credit Permanent -

WASHINGTON (AP) – The House voted Friday to make permanent a tax credit that rewards businesses for investing in research and development, pushing Congress toward an election-year showdown over a series of expired tax breaks that are popular back home but add billions to the budget deficit.

74. Technology Keeps Hatcher’s Landscape Business Booming -

Whether it was pagers, two-way radios, fax machines or the Internet, Michael Hatcher has always been quick to embrace technological advances as a way to help grow his small business, the landscaping firm Michael Hatcher & Associates Inc.

75. Commission Votes on Schools Funding -

Shelby County Commissioners vote Monday, May 12, on $47.3 million in immediate capital funding for Shelby County Schools in a decision that pits a majority on the commission against County Mayor Mark Luttrell.

76. The Market Whisperer -

When economic analysis gets reduced to a binary choice between opposites like bullish or bearish, up or down, strong or weak, the complexity that helps explain the way things are gets lost in a thicket of sound byte-ready oversimplification.

77. Fannie, Freddie Post Solid Earnings for First Quarter -

WASHINGTON (AP) – Government-controlled mortgage financers Fannie Mae and Freddie Mac posted solid earnings for the January-March period as the U.S. housing market continued to recover. Gains over recent quarters have enabled the companies to fully repay their taxpayer aid after being rescued by the government in 2008.

78. Obama Taps Tech World for Cash Amid Privacy Debate -

LOS ANGELES (AP) – They come from different worlds – the buttoned-down political culture of Washington and the entrepreneurial, socks-optional, let's-do-this-faster ethos of Silicon Valley.

79. Congress Considers Bill for Women's History Museum -

WASHINGTON (AP) – Citing history textbooks, national parks and landmarks that mostly leave women out, lawmakers Wednesday are reviving a long-stalled effort to create a National Women's History Museum in the nation's capital.

80. Tower Facelift -

One of Memphis’ most recognizable office buildings, occupying a prime piece of commercial real estate on Poplar Avenue in East Memphis, is getting a makeover.

Rosemont Realty LLC is investing around $400,000 to update the 24-story i-bank Tower at 5050 Poplar Ave. The 275,634-square-foot building, built in 1967 by pioneering developer William B. Clark Sr. and formerly known as White Station Tower, includes the signature round top floor, which once housed a rotating restaurant.

81. Commission Rejects Luttrell’s Schools Request -

Shelby County Commissioners rejected Wednesday, May 7, a plan by Shelby County Mayor Mark Luttrell to give Shelby County Schools $13.9 million in capital funding for the current fiscal year instead of a much larger amount the school system requested.

82. Slowing Chinese Economy Likely to Pinch US, Too -

WASHINGTON (AP) – After watching China narrow the U.S. lead as the world's largest economy, Americans might be tempted to cheer signs that the Chinese economy might be stumbling.

Any schadenfreude would be short-sighted.

83. Target's Chairman and CEO Out in Wake of Breach -

NEW YORK (AP) – Target's massive data breach has now cost the company's CEO his job.

Target announced Monday that Chairman, President and CEO Gregg Steinhafel is out nearly five months after the retailer disclosed the breach, which has hurt its reputation among customers and hammered its business.

84. Buffett Defends How He Runs Berkshire Hathaway -

OMAHA, Neb. (AP) – Warren Buffett remains confident in the long-term future of his company, and on Monday he again defended the quiet way he handled his objections to Coca-Cola's compensation plan.

85. Start Co. Launches ‘Summer of Acceleration’ -

This summer, Downtown Memphis is entrepreneur central. For the first time, Memphis’ venture development organization Start Co. will be running all of its startup accelerators at the same time.

86. Yellen Says Fed Seeks to Avoid Undue Regulations -

WASHINGTON (AP) – As the Federal Reserve works to ensure that the nation's largest banks pose no undue threats to the financial system, it will avoid imposing unnecessary rules on small banks, Fed Chair Janet Yellen said Thursday.

87. US Consumer Confidence Dips in April -

WASHINGTON (AP) – U.S. consumer confidence fell in April over concerns about hiring and business conditions, even though many people foresee a strengthening economy in the months ahead.

88. AP Survey: China's Lending Bubble a Global Threat -

WASHINGTON (AP) — Just as the global economy has all but recovered from debt-fueled crises in the United States and Europe, economists have a new worry: China. They see a lending bubble there that threatens global growth unless Beijing defuses it.

89. Daily News Seminar Looks at State of Economy -

The recession that gutted the economy in recent years has, among other things, replaced good, high-paying jobs with jobs that don’t pay especially well.

That’s among the findings of a new report from the National Employment Law Project, which analyzed trends related to jobs in the aftermath of the recovery. It’s one example of how there’s plenty of ground to dig into as part of an analysis of the qualities of the economy of the moment, and The Daily News’ next seminar will do just that.

90. Venture Investments Highest Since 2001 -

Funding for U.S. startup companies soared 57 percent in the first quarter to a level not seen since 2001, as venture capitalists piled more money into a growing number of deals, according to a report due out Friday.

91. Trustmark Corp. Reports Strong Q1 -

Trustmark Corp. had a strong start to 2014.

The parent company of Trustmark Bank reported net income of $29 million in the first quarter, up 13.2 percent compared to one year earlier. Trustmark president and CEO Gerard Host said the quarter’s results, coupled with its profitability and strong capital base, mark a positive start to its 125th year in business.

92. A Fading Middle-Class Perk: Lower Mortgage Rates -

WASHINGTON (AP) – For three decades, the U.S. middle class enjoyed a rare financial advantage over the wealthy: lower mortgage rates.

Now, even that perk is fading away.

Most ordinary homebuyers are paying the same or higher rates than the fortunate few who can afford much more.

93. I Choose Memphis: Jittapong 'JT' Malasri -

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

Name: Jittapong “JT” Malasri

94. Trustmark Bank Opens Headquarters in East Memphis -

Trustmark Bank has officially opened its new regional headquarters location in East Memphis.

The regional headquarters opened at the 5350 Poplar Ave. office building, which has been renamed Trustmark Centre. The bank acquired naming rights as a part of the 12.5-year lease Trustmark Corp. signed in November.

95. Haslam: Prayer to Help Guide Execution Decisions -

NASHVILLE (AP) – Tennessee Gov. Bill Haslam says he will rely on prayer and advice from experts when he is faced with last-minute appeals from death row inmates facing execution.

The Republican governor stressed at a forum hosted by the Christian group Q Ideas on Wednesday that he has yet to be confronted with death penalty decisions because of court-ordered delays.

96. Trustmark Corp. Reports Strong First Quarter -

Trustmark Corp. had a strong start to 2014.

The parent company of Trustmark Bank reported net income of $29 million in the first quarter, up 13.2 percent compared to one year earlier. Trustmark president and CEO Gerard Host said the quarter’s results, coupled with its profitability and strong capital base, mark a positive start to its 125th year in business.

97. How Much of Your Net Worth is Yours? -

Ray’s take: Net worth is defined as the single amount that represents how much a person would have if he or she sold all assets and paid off all debt. In other words: Assets - Liabilities = Net worth. Seems pretty straightforward. But that does not paint the total picture.

98. Venture Investments Highest Since 2001 -

Funding for U.S. startup companies soared 57 percent in the first quarter to a level not seen since 2001, as venture capitalists piled more money into a growing number of deals, according to a report due out Friday.

99. Innovation Risk Brings Rewards -

Suppose I told you that you could spend $185,000 and turn it into $25 million or more in a few years. You would accuse me of phishing, an investment scam, or dismiss the proposition as foolhardy. Yet, these are the types of returns we see from clients and those in the world who invest in breakthrough innovation at their companies.

100. Continental Approved for Tax Freeze -

The tire division of Continental AG, one of the world’s largest automotive industry suppliers, will open a tire retreading, service and sales center in Memphis after receiving approval for a tax break.