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Editorial Results (free)

1. Wharton Outlines $596 Million Budget Plan, Retiree Health Care Exit -

Memphis Mayor A C Wharton Jr. warned Tuesday, April 15, that “half measures” in converting city employees to a defined contributions benefits plan would not restore the city’s financial health and resolve an unfunded pension liability of hundreds of millions of dollars.

2. Yellen Signals More Aggressive Stance Toward Banks -

WASHINGTON (AP) – The Federal Reserve may be about to turn more aggressive in its regulation of the financial system.

Fed Chair Janet Yellen suggested Tuesday that current regulatory rules might not be enough to prevent the kind of risk-taking that triggered the 2008 financial crisis and nearly toppled the entire banking system.

3. US Retail Sales Up Strong 1.1 Percent in March -

WASHINGTON (AP) – U.S. retail sales in March rose by the largest amount in 18 months, led by strong gains in sales of autos, furniture and a number of other products.

The 1.1 percent jump reported by the Commerce Department on Monday was the best showing since September 2012. The government also revised February to a 0.7 percent gain, more than double its previous estimate.

4. Is Hot Market for IPOs Cooling? -

NEW YORK (AP) – A hot market for initial public offerings may soon face a cooler reception from investors.

IPOs are having their best start to a year since 2000. Eighty-nine companies have raised $19 billion through sales of new stock so far in 2014. But demand for more offerings depends largely on the health of the broader market, and after last week's sell-off, the clamor from buyers may quiet down.

5. Brewery Project Looks for Answers -

When the Untapped event at the Tennessee Brewery ends June 1, the fortress-like landmark on the south bluffs will still be tentatively slated for demolition in August.

But organizers of the event, which mixes live entertainment, local beer and food, and the experience of gathering in a long-closed courtyard, hope some answers will have emerged about a possible life beyond August.

6. Continental Eyeing Memphis for Tire Facility -

The tire division of Continental AG, one of the world’s largest automotive industry suppliers, is eyeing a location on Winchester Road in Memphis for a retreading, service and sales center.

Continental Tire the Americas LLC is seeking a tax break from the Economic Development Growth Engine of Memphis and Shelby County for a tire facility that will employ 25 people at 3474 Winchester Road.

7. Bank of America Paying $772 Million Over Credit Card Extras -

WASHINGTON (AP) – Bank of America Corp. is paying $772 million in fines and refunds to settle regulators' accusations that it misled customers who bought extra credit-card products and illegally charged others for credit monitoring and reporting services they didn't receive.

8. Diversify to Help Your Taxability -

Ray’s Take: Planning for the tax portion of your retirement can have an important impact on the longevity and quality of retirement savings. Various investment and savings instruments are taxed in different ways, so building a pool with different levels can help you with your taxes.

9. Startup Conference Prepares to Return to Memphis -

Final preparations are underway for the startup-focused Everywhere Else conference, which is returning to Memphis at the end of the month after its launch here last year and will bring entrepreneurs, investors and creatives from around the country to the Bluff City.

10. Fourth Annual MED Night Raises Hospital Awareness -

“Celebrate good times, come on!” The song by Kool & the Gang – this year’s MED Night: A Soul Celebration headliner – pretty much encapsulates not only the night, but the overall feeling about Regional One Health’s vision and new direction.

11. Luttrell Wants Suburban Schools Consideration in Funding Split -

Shelby County Mayor Mark Luttrell has a pretty good idea what is on the $52.6 million capital spending “ask” list Shelby County Schools is sending his way.

12. Market Mystery -

Over the last several years, investors ranging from mom-and-pop shops to large hedge funds have been acquiring single-family homes in Memphis at a historic pace.

But determining the long-term impact that investor purchases have made on neighborhoods remains elusive.

13. Council Unhappy With Budget Plans So Far -

The administration of Memphis Mayor A C Wharton Jr. got a rough reception at the Tuesday, April 1, Memphis City Council session as it set the stage for Wharton’s budget proposal to come in two weeks.

14. Methodist University Hospital Names Liebman New CEO -

Jeff Liebman has joined Methodist University Hospital as chief executive officer. In his new role, Liebman said, he will ensure the hospital continues to be a community resource providing the highest possible quality of care to the community while following the guidelines of the Methodist LeBonheur mission.

15. Industrial Portfolio Sells for $43 Million -

4550 Swinnea Road6005 Freeport Ave., 3399 E. Raines Road
Memphis, TN
Sale Amounts: $10.1 million; $14.8 million; $18 million

16. School Board to Vote on $52.6 Million Capital Funding -

Shelby County Schools board members take up a $52.6 million capital funding request Tuesday, March 25, that superintendent Dorsey Hopson would take to the Shelby County Commission for funding.

And the board votes as well Tuesday on setting attendance zones for the school year that begins in August – the first school year of the demerger into six suburban school systems as well as a Shelby County Schools system that becomes the city of Memphis and the unincorporated areas of Shelby County.

17. US Factory Output Rebounds in February -

U.S. factory output rebounded strongly in February after harsh winter storms caused a steep drop-off in production in January. Manufacturers produced more autos, home electronics and chemicals.

The Federal Reserve said Monday that factory production surged 0.8 percent, nearly reversing a 0.9 percent plunge in January that was due mainly to weather. February’s gain was the largest in six months.

18. Nearly All Major US Banks Pass Fed 'Stress Tests' -

WASHINGTON (AP) – All but one of the nation's 30 largest banks are better able to withstand a severe U.S. recession and global downturn than at any time since the financial crisis, the Federal Reserve has determined.

19. Memphis Bioworks Leads New Entrepreneurship Venture -

The Memphis Bioworks Foundation has been tapped to lead a new entrepreneurship venture in Memphis called The EPIcenter, the product of one of several so-called moon mission strategies of the Greater Memphis Chamber’s Chairman’s Circle.

20. School Board Reviews $52.6 Million Capital Ask, Altered Attendance Zones -

The Shelby County Schools board votes next week on a $52.6 million capital funding ask of the Shelby County Commission designed to get in under the wire before all school funding from the county has to be divided based on average daily attendance including that of the six suburban school districts.

21. US Factory Output Rebounds in February -

U.S. factory output rebounded strongly in February after harsh winter storms caused a steep drop-off in production in January. Manufacturers produced more autos, home electronics and chemicals.

The Federal Reserve said Monday that factory production surged 0.8 percent, nearly reversing a 0.9 percent plunge in January that was due mainly to weather. February's gain was the largest in six months.

22. Richmond Honan Buys Quince Centre for $10 Million -

6555 Quince Road
Memphis, TN 38119
Sale Amount: $10.4 million
Sale Date: March 7, 2014

23. US Trade Deficit Rose To $39.1 Billion in January -

The U.S. trade deficit widened slightly in January as a rise in imports of oil and other foreign goods offset a solid increase in exports.

The trade deficit increased to $39.1 billion, up 0.3 percent from December’s revised $39 billion deficit, the Commerce Department reported Friday.

24. Rardin Takes Trial Advocacy Training to Liberia -

Assistant Shelby County District Attorney General Kevin Rardin is leaving for Liberia next month for a week of trial advocacy training in the African nation.

For Rardin it is his latest venture in parts of the world with different criminal justice systems or systems that are just forming.

25. County Commission Approves Crosstown Funding -

Shelby County Commissioners approved Monday, March 10, $5 million in county funding for public infrastructure on the $180 million Crosstown redevelopment project.

The 11-1 vote came after it appeared twice that commissioners, including those supporting the funding, were ready to delay the decision for two weeks.

26. Campaign Packaging -

Part one of a two-part series. Do you need to raise money for your nonprofit? If you answer “yes,” you are in good company. Fundraising is critical for most nonprofits and it takes time to build relationships that generate the revenue needed to operate.

27. Blast of Winter Weather Can't Faze US Employers -

WASHINGTON (AP) – Brutal winter weather snarled traffic, canceled flights and cut power to homes and factories in February. Yet it didn't faze U.S. employers, who added 175,000 jobs, far more than the two previous months.

28. US Trade Deficit Rose To $39.1 Billion in January -

The U.S. trade deficit widened slightly in January as a rise in imports of oil and other foreign goods offset a solid increase in exports.

The trade deficit increased to $39.1 billion, up 0.3 percent from December’s revised $39 billion deficit, the Commerce Department reported Friday.

29. Triumph Bank Meeting To Highlight Banner Year -

Triumph Bank is holding its annual meeting next month in a locale that’s different from the traditional conference room setting where banks tend to make their yearly presentation to shareholders.

30. Commission to Vote on Crosstown Funding -

Shelby County Commissioners will vote Monday, March 10, on $5 million in public infrastructure funding for the Crosstown redevelopment project.

The commission meets at 1:30 p.m. at the Vasco Smith County Administration Building, 160 N. Main St. Follow the meeting @tdnpols, www.twitter.com/tdnpols.

31. Lot Dearth Problematic for Builders -

A dwindling supply of developed lots could threaten the nascent local homebuilding rebound, according to homebuilders.

“It’s going to eventually sidetrack the recovery because there’s not enough lots being developed to replace the supply,” said Charles Morgan of Vintage Homes LLC.

32. Kroger: Storm Response Helped Boost Sales -

NEW YORK (AP) – Kroger said its ability to keep its supermarkets open and well-stocked as customers rushed to hoard groceries ahead of winter storms helped boost its results in the fourth quarter.

33. Lakecrest II Sells for $4.6 Million -

The Lakecrest II office building in East Memphis has changed hands again.

Southland Primacy LLC acquired the 129,104-square-foot office building at 6055 Primacy Parkway from Jefferson-Pilot Investments Inc. Feb. 28 for $4.6 million.

34. Hopson Talks New School Construction -

Shelby County Schools superintendent Dorsey Hopson said he will seek funding before the new fiscal year that begins July 1 for a new Westhaven Elementary School and possibly two other new schools in southeast and northwest Shelby County.

35. US Home Prices Rose at Solid Pace in January -

WASHINGTON (AP) – U.S. home prices rose in January after three months of declines as a tight supply of properties likely supported prices despite slower sales.

Real estate data provider CoreLogic said Tuesday that prices rose 0.9 percent in January after dipping 0.1 percent in December. Over the past 12 months, home prices have risen 12 percent, the biggest year-over-year gain in more than eight years.

36. Obama 2015 Budget Focuses on Boosting Economy -

WASHINGTON (AP) – President Barack Obama sent Congress a $3.9 trillion budget Tuesday that would funnel money into road building, education and other economy-bolstering programs, handing Democrats a playbook for their election-year themes of creating jobs and narrowing the income gap between rich and poor.

37. Obama Admin Drives Ahead With New Cleaner Gas Rule -

WASHINGTON (AP) – The Obama administration is driving ahead with a dramatic reduction in sulfur in gasoline and tailpipe emissions, declaring that cleaner air will save thousands of lives per year at little cost to consumers.

38. Estimated Q4 Economic Growth Rate Cut to 2.4 Percent -

WASHINGTON (AP) – The U.S. economy grew at a 2.4 percent annual rate last quarter, sharply less than first thought, in part because consumers didn't spend as much as initially estimated.

39. Hopes Up for Sunnier US Economy Once Winter Fades -

WASHINGTON (AP) – When the weather warms up, so, too, will the U.S. economy.

That, at least, is the prevailing view of economists, who shrugged off a government report Friday that the economy was weaker last quarter than first thought.

40. I Choose Memphis: Surayyah T. Hasan -

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

Name: Surayyah T. Hasan

41. School Closings Votes Leave Issues -

Shelby County Schools board members completed Tuesday, Feb. 25, the first half of their actions to prepare the new map of the demerged school system for the academic year that begins in August. And they set the stage for more possible changes in years to come.

42. School Board Approves 10 School Closings -

The Shelby County Schools board voted Tuesday, Feb. 25, to close 10 Memphis schools with the new school year.

But the final plan approved by the board on a split vote and recommended by superintendent Dorsey Hopson gave a one-year reprieve on closing Northside High School, removed Alcy Elementary School from the list completely and keeps Riverview Middle School open but closes neighboring Riverview Elementary School to make Riverview Middle a k-8 school starting next August.

43. Polo Shops Sells for $3.1 Million After Foreclosure -

7444 Winchester Road7464 Winchester Road
Memphis, TN 38125
Sale Amount: $3.1 million

44. Transcripts Show Fed at Times Slow to Grasp Crisis -

WASHINGTON (AP) – The Federal Reserve agonized in 2008 over how far to go to stop a financial crisis that threatened to cause a recession and at times struggled to recognize its speed and magnitude.

45. Breaking Through -

If it was just an abstraction or a mere theory, it wouldn’t have a definition in the dictionary or a website. It would simply be another urban myth.

But with a few keystrokes you can go right to www.glassceiling.com. And the dictionary definition of “glass ceiling” is tangible – “an unfair system or set of attitudes that prevents some people (such as women or people of a certain race) from getting the most powerful jobs.” In fact, you can almost see a woman stuck in middle management, briefcase in hand, staring up at that glass ceiling and wondering: Where do I find the ladder that gets me from here to there?

46. Sector Capital Management Independent Again -

Three years after its acquisition by Argent Financial Group, Memphis-based Sector Capital Management is an independent company again.

Sector CEO Reed Walters led the negotiations to buy back the wealth management firm in the wake of Louisiana-based Argent going on something of an acquisition spree in recent years. Sector also has relocated from Argent’s office at The Crescent Center to the Atrium I building at 6800 Poplar Ave.

47. Butler Sevier Law Firm Expands Downtown -

Butler, Sevier, Hinsley & Reid PLLC law firm has expanded its presence at 88 Union Ave.

48. US Housing Construction Down 16 Percent in January -

WASHINGTON (AP) – U.S. home construction fell in January for a second month but the weakness in both months reflected severe winter weather in many parts of the country. The expectation is that housing will deliver another year of solid gains, helped by an improving economy.

49. Reedy Thriving As Housing Investments Skyrocket -

Jim Reedy began selling real estate in 1976 while he was a student at the University of Memphis, and within three years, he moved into selling investment properties.

50. Jos. A. Bank Buying Eddie Bauer in $825 Million Deal -

After months of flirting with the idea of combining with a rival, Jos. A. Bank has decided it is better suited for another men's clothing brand.

51. Net Leases – Explained -

Many retail and industrial leases are structured as net leases, but what does “net lease” mean?

A “net lease” is a lease transaction in which the landlord receives a monthly payment composed of two items: first and foremost is the rent, net of the property operating expenses and secondarily a portion of real estate taxes upon the property, casualty/liability insurance upon the property and common area expenses for the property.

52. Caissa Public Strategy Opens DC Office -

Fueled by a demand for the specialized services it provides, Memphis-based consulting firm Caissa Public Strategy has expanded with the opening of a new office in the nation’s capital.

Caissa founder Brian Stephens said the reason for the expansion there isn’t necessarily obvious. Caissa didn’t hang out its shingle in Washington to focus on landing new work there – instead, the new office is intended to help Caissa have better relationships with its clients there who need work done in the South.

53. The Sweet Spot -

Gary Wilkes usually doesn’t notice the smell at the family business, Wayne’s Candy Co. Inc., unless he has just returned from vacation.

54. Report: City Should Stay on at Beale -

The city of Memphis should maintain ownership of its properties on Beale Street and create an autonomous board or hire a new development and management company to guide its future, according to a detailed report on the iconic street.

55. PILOT Reform -

Nike is in the midst of a $301 million expansion of its Northridge plant in Frayser, a project that means the Beaverton, Ore.-based company will create 250 new jobs and retain 1,600 existing local jobs.

56. Council Hears More on Police and Fire Budget Decisions -

Memphis City Council member got deeper Tuesday, Feb. 4, into the specifics of Memphis Police and Fire Department budget decisions.

But they didn’t get a clearer picture of what the direction forward will be as they and Memphis Mayor A C Wharton Jr. prepare to make some hard decisions about public safety in dealing with the city’s unfunded pension liability.

57. Beale Alterations Point to Possible Larger Changes -

As a brass band leading a lunch-hour parade on Beale Street last Friday passed Handy Park, a crew wearing the district’s new uniforms for maintenance workers were taking down the Performa Entertainment sign outlining the ground rules for the park area.

58. Destination: Memphis -

On a slow Sunday afternoon Downtown with the Broncos and Chargers NFL playoff game on a bar TV screen, a trio of 20-somethings – two men and one woman – watched the game, speculated about whether the Grizzlies were playing a few blocks away and quizzed one another about their plans for the future.

59. Applications for Jobless Benefits Rise to 348,000 -

WASHINGTON (AP) – Weekly applications for U.S. unemployment benefits rose 19,000 last week to 348,000, the highest in about a month. But the broader trend in applications remains low.

The Labor Department says that the four-week average, a less volatile measure, increased just 750 to 333,000. The increase follows three weeks of declines.

60. LeSaint Logistics Expands Memphis Footprint -

Less than a year after arriving in Memphis, LeSaint Logistics is already expanding its operations here.

LeSaint entered the market in July when it leased an initial 57,285 square feet at 3300 Jet Cove inside Memphis International Airport Center. LeSaint is expanding its footprint by 34,015 square feet, a 60 percent increase.

61. ZeroTo510 Program Opens Application Period -

Applications are now starting to come in for ZeroTo510, the medical device product and services startup accelerator that’s preparing to kick off its third year.

The window to apply is now open for the program – which will see six companies tapped to go through the mentor-driven, 12-week program of instruction and hands-on activities. The companies will get $50,000 in initial seed capital and, ideally, come out the other end with a stronger, more refined vision and concept – and possibly more funding from investors.

62. US Sales of New Homes Drop 7 Percent in December -

WASHINGTON (AP) – U.S. sales of new homes fell in December for a second consecutive month but even with the pause at the end of the year, sales for all of 2013 climbed to the highest level in five years.

63. Technology Upgrade -

When it opened in the early 1990s, the IMAX theater at the Memphis Pink Palace Museum was state of the art.

And it was part of a move by the city’s museums into what was then a new frontier in museum environments that had been dominated by display boards and walls.

64. Damn This Traffic Jam! -

“Time for some traffic problems in Fort Lee.”

“Got it.”

So read an Aug. 13, 2013, email exchange between a couple of New Jersey pols. Why Fort Lee?

Earlier efforts to pluck Democratic endorsements in the Garden State for Gov. Chris Christie’s reelection campaign had failed as to Fort Lee’s mayor, Mark Sokolich. Moreover, the day before, the Democratic state senator who represents Fort Lee had effectively blocked Christie’s reappointment of a Republican state supreme court justice. On Aug. 12, Christie referred to Jersey’s Democratic state senators as “animals.”

65. Start Co. Forms New Investment Partnership -

Andre Mouton, director of investment at the Singapore-based boutique investment firm Angaros Group, traveled to Memphis last year to participate in the “Investor Day” for Seed Hatchery, the startup accelerator whose programming culminates with participating startups to make funding pitches to investors.

66. Telecom Company to Open Call Center in Shelby County -

A telecommunications-related company will locate a major call center in Shelby County, a project that will create hundreds of new jobs.

The company, which has been operating under the code name Project Moscow, will announce the deal that will employ over 500 people on Wednesday, Jan. 22, according to sources with knowledge of the project. The unidentified company would operate the call center for one of the nation’s largest telecommunications providers, Verizon.

67. Higher-Income Americans Hit Hardest by Tax Changes -

WASHINGTON (AP) – Higher-income Americans and some legally married same-sex couples are likely to feel the biggest hits from tax law changes when they file their federal returns in the next few months. Taxpayers also will have a harder time taking medical deductions.

68. New Life -

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

69. Belz Sells Shelby Oaks EnSafe Center for $910,000 -

5710-5730 Summer Trees Drive
Memphis, TN 38134
Sale Amount: $910,000

Sale Date: Jan. 10, 2014
Buyer: EnSafe Inc.
Seller: BICO Associates GP
Details: An affiliate of Belz Enterprises has sold the five-building Shelby Oaks EnSafe Center office complex on Summer Trees Drive in Northeast Memphis for $910,000.

70. First Horizon Reports Profitable Quarter -

The first earnings presentation by the Memphis-based parent company of First Tennessee Bank in 2014 – its 150th anniversary – offered a recap of the fourth quarter, in which the company reported lower revenue but higher profit than during the year-ago period.

71. First Horizon Reports Profitable Quarter -

The first earnings presentation by the Memphis-based parent company of First Tennessee Bank in 2014 – its 150th anniversary – offered a recap of the fourth quarter, in which the company reported lower revenue but higher profit than during the year-ago period.

72. First Horizon Reports Profitable Quarter -

The first earnings presentation by the Memphis-based parent company of First Tennessee Bank in 2014 – its 150th anniversary – offered a recap of the fourth quarter, in which the company reported lower revenue but higher profit than during the year-ago period.

73. New Life -

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

74. KBM Group Growing at Clark Tower -

A digital marketing agency is expanding at Clark Tower in East Memphis.

KBM Group, which is part of Wunderman/WPP, one of the world’s largest marketers, is expanding at Clark Tower less than a year after moving into the East Memphis office building, 5100 Poplar Ave.

75. Designing the Medical Center for Creative Collisions -

The Memphis Medical Center near Downtown is currently in the midst of a significant building boom. Major new facilities by Southwest Tennessee Community College, University of Tennessee Health Science Center and the Bioworks Foundation are underway or nearing completion, joining successful hospitals, clinics, educational institutions and many other great small businesses.

76. New Plan to Spur Entrepreneurship Growth -

On one of the first pages of a more than 80-page plan to kick start entrepreneurial growth in the Memphis area, a reader is greeted with a stark assessment.

“The Memphis economy is broken,” reads one of the bullet points within the newly released development plan called MEMx, a blueprint developed by Memphis-based Start Co. with help from the national JumpStart Inc. organization as well as with input from more than 200 Memphis partners and community leaders.

77. Collierville Fred’s Sells for $1.5 Million -

450 U.S. 72
Collierville, TN 38017
Sale Amount: $1.5 million

Sale Date: Dec. 20, 2013
Buyer: Collierville Realty Holdings LLC
Seller: Washington Square Properties (a Tennessee general partnership composed of Thomas W. Taylor, trustee of the Thomas W. Taylor Revocable Living Trust dated April 27, 2000, and Thomas W. Hart)
Loan Amount: $793,000
Loan Date: Dec. 20, 2013
Maturity Date: Dec. 20, 2016
Lender: First Capital Bank
Details: The 19,152-square-foot fred’s retail store at 450 U.S. 72 in Collierville has sold for $1.5 million.

78. Surprisingly Weak Jobs Report Puzzles Economists -

WASHINGTON (AP) – It came as a shock: U.S. employers added just 74,000 jobs in December, far fewer than anyone expected. This from an economy that had been adding nearly three times as many for four straight months – a key reason the Federal Reserve decided last month to slow its economic stimulus.

79. How to Get Ahead in Business With a Short Resume -

NEW YORK (AP) – Hey twentysomethings, dreaming of trading in the safety of a regular paycheck to start your own business? There's no secret sauce. Instead, founders of three companies have obvious tips: Work hard, network and ask for help.

80. Debt and Liability -

There is rarely a good answer to the question “How much?” in politics.

With issues including the unfunded pension liability, overall debt, and revenue estimates and their validity, City Hall’s overall money problem begins but hardly ends with the question. It won’t be that simple.

81. Factory, Construction Growth Boost 2014 Outlook -

WASHINGTON (AP) – Expectations are rising for a stronger U.S. economy in 2014 after reports Thursday showed solid growth in manufacturing and construction spending at the end of last year.

82. Bowling for Who-Knows-What -

On the day after Christmas, 1958, I turned 7. The next day, Ole Miss played Florida in the Gator Bowl. The only other bowl games then were Sugar, Orange, Rose, and Cotton – all played on New Year’s Day – plus Sun, Tangerine, and Bluegrass, played earlier. Eight in all.

83. Congress Letting 55 Tax Breaks Expire at Year End -

WASHINGTON (AP) – In an almost annual ritual, Congress is letting a package of 55 popular tax breaks expire at the end of the year, creating uncertainty – once again – for millions of individuals and businesses.

84. Signed Contracts to Buy US Homes Level Off -

The number of Americans who signed contracts to buy existing homes in November was essentially unchanged from October, suggesting sales are stabilizing after several months of declines.

The National Association of Realtors said Monday that its seasonally adjusted pending home sales index ticked up to 101.7 from 101.5 in October. The October figure was revised lower from an initial reading of 102.1.

85. Highland Street Family Dollar Sells for $1.6 Million -

656 S. Highland St.
Memphis, TN 38111
Sale Amount: $1.6 million

Sale Date: Dec. 2, 2013
Buyer: Amicorp Enterprises Inc.
Seller: DCTN3 328 Highland Memphis TN LLC
Loan Amount: $600,000
Loan Date: Nov. 25, 2013
Maturity Date: N/A
Lender: The Bank of Hemet
Details: The Family Dollar retail store at 656 S. Highland St. near the University of Memphis has sold for $1.6 million.

86. Orangetheory Fitness Signs New Lease In Stonecreek -

Orangetheory Fitness has signed a lease at Stonecreek Centre at Poplar Avenue and Forest Hill-Irene Road in Germantown.

Orangetheory Fitness will occupy 3,167 square feet at the location. Orangetheory Fitness is a workout method that is broken into intervals of cardiovascular and strength training while using heart rate monitors to keep heart rates in a targeted zone to stimulate metabolism and increases energy.

87. Harkavy Happy Mixing Business With Law -

Lee Harkavy, partner with Wyatt Tarrant & Combs LLP, had a dream to work in the world of business and finance, so the native Memphian pursued and completed a Bachelor of Business Administration in financing and accounting at the University of Michigan.

88. Lindow Rejoins The Centre Group -

Tracy Lindow has rejoined The Centre Group human resources firm as a senior consultant following several years in Germany. As a senior consultant, Lindow will help organizations improve their bottom line through human asset development by leveraging compensations strategies, executive search, employee attitude research and leadership skills development.

89. Cordova Creek Apartments Sell for $12.5 Million -

1175 N. Germantown Parkway
Memphis, TN 38016
Sale Amount: $12.5 million

90. Wunderlich Caps 2013 With Big Investment -

In October, Wunderlich Securities Inc. CEO Gary Wunderlich traveled to Washington to testify in front of a congressional panel about promoting capital formation and job creation on behalf of the Securities Industry and Financial Markets Association.

91. Overhaul Website Problems May Trigger Price Hikes -

Problems with the government's main health care overhaul website carry a bigger risk than frequent crashes: Higher prices could follow for many Americans if technical troubles scare off young people.

92. Shopping Center Group Moving to New Office -

The Shopping Center Group LLC is moving to a new office.

The Memphis office of the Atlanta-based retail real estate brokerage firm, which leases a total of approximately 4 million square feet of retail space and represents 100 retailers, is moving from 773 E. Brookhaven Circle to 5101 Wheelis Drive, Suite 106, at Clark Centre.

93. Holiday Shopping Season: A Disappointment So Far -

NEW YORK (AP) – Sparse crowds at malls and "50 percent off" signs at The Gap, AnnTaylor and other stores give a clue as to how the holiday season is going.

This is shaping up to be the most discount-driven holiday season since the country was in a deep recession. It's also one of the most disappointing for stores.

94. US Consumer Prices Flat as Gas Costs Keep Falling -

WASHINGTON (AP) – U.S. consumer prices stayed flat in November, held down by falling gas prices. Inflation remains low across the broader economy, giving the Federal Reserve latitude to continue its extraordinary stimulus program.

95. Ruby Tuesday Sells Bartlett Lots for $1.1 Million -

8348 U.S. 64
Bartlett, TN 38133
Sale Amount: $1.1 million

Sale Date: Dec. 5, 2013

Buyer: 64 Kate Hyde Partners

96. US Retail Sales See Biggest Gain in 5 Months -

U.S. consumers ramped up spending in November on cars, appliances and furniture and made more purchases online, signaling growing confidence in the economy at the start of the holiday shopping season.

97. US Retail Sales See Biggest Gain in 5 Months -

U.S. consumers ramped up spending in November on cars, appliances and furniture and made more purchases online, signaling growing confidence in the economy at the start of the holiday shopping season.

98. Watertite Files $6.7 Million Loan on Collierville Facility -

Watertite Products Inc. has filed a $6.7 million loan on its 86,918-square-foot warehouse at 202 Industrial Park Lane in Collierville.

99. Restaurant Row -

If you blink, you might miss a new restaurant opening along the Poplar Avenue corridor in East Memphis.

Over the last few months, several new restaurants have opened or are on the way around the heavily traveled Poplar corridor between Perkins Road and Kirby Parkway.

100. US Ban on High-Risk Bank Trades Approved -

WASHINGTON (AP) – U.S. regulators have taken a major step toward reining in high-risk trading on Wall Street, banning the largest banks from trading for their own profit in most cases.