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Editorial Results (free)

1. 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.

2. 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.

3. 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.

4. Crews Center Finds Place in Startup Landscape -

At the Crews Center for Entrepreneurship at the University of Memphis, a feeder system for the rest of the city’s technology, innovation and entrepreneurial ecosystem is slowly coming together.

A new director has been in place for a few months. Programming is taking shape, and interest is beginning to build as the Crews Center hosts everything from speakers to supporting one-off creative endeavors like the group Memphis Makers and Creators, which recently got funding from the center to build a giant, functional Nintendo controller.

5. 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.

6. Commercial Real Estate Sales Up 6.1 Percent In March -

Shelby County recorded 208 commercial real estate sales in the first quarter, according to real estate information company Chandler Reports, www.chandlerreports.com.

7. First Horizon Grows Net Income in First Quarter -

The first earnings announcement of the 150th anniversary year for First Tennessee Bank’s parent company was one of those seemingly uncommon things in banking these days – a surprise to the upside.

8. February Has Stock Market ‘Reboot’ -

Frustrating. A word often used to describe computers, smartphones, tablets and, quite often, the stock market.

Sometimes we can press the exact same button on our computer as we did the day before and something completely different pops up on our screen. What do we do? Do we call the IT person or reboot?

9. A Calling Card That Speaks Volumes -

For those in marketing, there is never, ever enough time in the day to get it all done. That’s why savvy marketers seek passive marketing strategies to compliment their more active techniques. It’s like having a secret squad at work for you 24/7.

10. 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.

11. The Business Case for Investing in Green Space -

Editor’s Note: This column will appear Tuesdays through April in honor of Sustainability Month for Memphis and Shelby County.

During 2013 the Greater Memphis Chamber formed the Chairman’s Circle, a group of over 100 Memphis business leaders organized to push for action on key issues to accelerate the regional economy. Early in the life of the organization we created “moon missions,” which are coordinated efforts to truly transform our community.

12. 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.

13. 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.

14. Savers Beware: Fees May be Shrinking Your 401(k) -

WASHINGTON (AP) – It's the silent enemy in our retirement accounts: High fees.

And now a new study finds that the typical 401(k) fees – adding up to a modest-sounding 1 percent a year – would erase $70,000 from an average worker's account over a four-decade career compared with lower-cost options. To compensate for the higher fees, someone would have to work an extra three years before retiring.

15. Backend of Innovation -

Many of the CEOs we talk to tell us that they have more growth ideas than they know what to do with. It seems like there is a universal love affair with generating ideas but less enthusiasm when it comes to figuring out which ideas are the most commercially viable and how to actually implement.

16. House Passes Ryan Budget With Big Cuts -

WASHINGTON (AP) – House Republicans rallied behind a slashing budget blueprint on Thursday, passing a non-binding but politically imposing measure that promises a balanced federal ledger in 10 years with sweeping budget cuts and termination of health care coverage under the Affordable Care Act.

17. Enovate Medical Expanding in Murfreesboro -

NASHVILLE (AP) – State officials say medical device company Enovate Medical plans to expand its operations at its U.S. headquarters in Murfreesboro, adding 410 jobs in the next five years.

18. Loeb Midtown Center Now Fully Leased -

Loeb Properties’ Belvedere Collection on Union Avenue in Midtown is 100 percent leased.

Agilitas USA Inc., operating as Results Physiotherapy, signed a new lease for 2,280 square feet in Suites 105-106 at the retail strip center.

19. 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.

20. Stephens Joins Maintenance Team at Commercial Advisors -

Timothy Stephens has joined Cushman & Wakefield/Commercial Advisors as a maintenance mechanic at One Commerce Square. In his new role, Stephens will performing plumbing, painting and general maintenance services.

21. Falls Building Owner Files $6 Million Loan -

The owner of the Falls Building at 22 N. Front St. has filed a $6 million loan for the Downtown high-rise office tower.

22. All Dividend Stocks Not Created Equal -

There are 422 dividend paying stocks in the S&P 500 Index, but not all are created equal.

To use a job analogy, some jobs offer a good upfront salary and stability in income, however, upside growth is limited. While other jobs may have lower starting salaries, they make up for it with growth opportunity and, in some cases, unlimited upside through bonuses or commissions.

23. Trendcasting and Innovation -

Did you wake up this morning to realize that the world has changed and your business has not changed with it? If you are a regular reader of this column you know we discuss growth strategy and innovation and all of the challenges that accompany those pursuits. We see many companies of all sizes that are dying a slow death in a saturated market with outdated business models. They fail to get out ahead of what’s next.

24. Diversified Trust Makes Promotions in Memphis -

Memphis-based Diversified Trust, a comprehensive wealth management firm with more than $5 billion in assets, has promoted seven professionals in its Memphis office.

Robin Smithwick, managing principal of Diversified’s Memphis office, attributed the move to the company’s next generation of leaders becoming more visible and taking on greater responsibility around the firm, which also is celebrating its 20th anniversary this year.

25. Pahlow Wins Broker of the Year -

After enduring early struggles in his commercial real estate career, Scott Pahlow has reached the top of his industry.

Pahlow, an executive vice president with Newmark Grubb Memphis, was named Commercial Broker of the Year Thursday night at the Memphis Area Association of Realtors Commercial Council’s 13th annual Pinnacle Awards gala.

26. Redbirds, AutoZone Park Sales Finalized -

The city of Memphis, the St. Louis Cardinals and the Memphis Redbirds Baseball Foundation have completed the ownership transactions of the Redbirds and AutoZone Park.

Per the agreement, the Cardinals have acquired the Redbirds (their Triple-A farm club), while the city of Memphis has acquired AutoZone Park. The city will lease the ballpark to the Redbirds through a long-term agreement. Included is a substantial, multiseason capital investment in the ballpark.

27. 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.

28. Growing Demand for US Apartments Pushing Up Rents -

These are good times for U.S. landlords. For many tenants, not so much.

With demand for apartments surging, rents are projected to rise for a fifth straight year. Even a pickup in apartment construction is unlikely to provide much relief anytime soon.

29. Bill Extends Tax Breaks for Wind Farms, Filmmakers -

WASHINGTON (AP) – Wind farms, NASCAR tracks and filmmakers would keep their treasured tax breaks as part of an $85 billion package of temporary tax cuts passed by a key Senate committee Thursday.

30. Going Back to Graduate School -

“Should I go back to graduate school?” This is a question many professionals wonder about each day. If you’ve struggled to find a new job in the difficult economy, you may be seriously considering it.

31. Now Tack! -

In sailing, when the wind shifts direction, you must move your sails or risk losing the wind. The first indication of a shifting breeze comes from the telltales, strips of lightweight material attached to the sails that foreshadow a change in conditions. Recently, the market telltales have been active.

32. US Consumer Spending Up Modest 0.3 Percent -

WASHINGTON (AP) – Americans barely increased their spending in February following a weak January performance, strong evidence that the severe winter will hold back the economy in the first quarter.

33. Redbirds, AutoZone Park Sales Finalized -

The city of Memphis, the St. Louis Cardinals and the Memphis Redbirds Baseball Foundation have completed the ownership transactions of the Redbirds and AutoZone Park.

Per the agreement, the Cardinals have acquired the Redbirds (their Triple-A farm club), while the city of Memphis has acquired AutoZone Park. The city will lease the ballpark to the Redbirds through a long-term agreement. Included is a substantial, multiseason capital investment in the ballpark.

34. The Right ROI of Innovation for Your Firm -

Innovation as investment is a simple three-step process. First, figure out the risk tolerance level at a firm. Then you can get real with your expectations, roles, resources, and metrics. Second, come up with a mix based on the risk-tolerance level of your culture. Third, formalize the assignment – and kick off all projects with visible executive leadership support. The executive support is critically important.

35. Tripp Logistics Renews Nonconnah Corporate Center Lease -

Shawn Glemser, founder and owner of Tripp Logistics, a locally owned and operated logistics and transportation company, has renewed his lease at Nonconnah Corporate Center. Elliot Embry and Hank Martin of NAI Saig Co. represented the landlord, Nonconnah Holdings LLC.

36. New Retail Center Proposed for Downtown Memphis -

A new mixed-use retail center could be headed to the area south of FedExForum Downtown after the developer received approval Wednesday, March 26 for two drive-thru windows and several other code variances.

37. Time to Ignore Financial Predictions -

Ray’s Take. Financial “experts” like to make predictions about what the markets, the economy and sundry other things financial will do in the months ahead. At the beginning of 2013, one well-known economist predicted 2013 would bring 50 percent unemployment alongside a 90 percent drop in the stock market. Thankfully, he was about as far off the mark as you can get. What’s in store for 2014?

38. Current Account Deficit Falls to 14-Year Low -

Big gains in exports and overseas investment income narrowed the U.S. current account deficit to the lowest level in 14 years in the October-December quarter.

The imbalance fell to $81.1 billion in the fourth quarter, down from $96.4 billion in the July-September quarter, the Commerce Department said Wednesday. That’s the smallest gap since the third quarter of 1999.

39. ‘Memphis Message’ -

During the recent Trans-Pacific Maritime conference in Long Beach, Calif., Memphis business leaders like Neely Mallory and Buzz Fly extolled the virtues of doing business in the Bluff City.

When FedEx founder, chairman and CEO Fred Smith addressed the crowd, the Greater Memphis Chamber’s logo was featured prominently on the large screen to his left.

40. Veterans' Unemployment Edges Down but Remains High -

WASHINGTON (AP) – The unemployment rate for veterans who served since 2001 dipped slightly in 2013 to 9 percent, the Labor Department reported Thursday. That's down from 9.9 percent the year before, but well above overall civilian unemployment levels of around 7 percent over the same period.

41. Current Account Deficit Falls to 14-Year Low -

Big gains in exports and overseas investment income narrowed the U.S. current account deficit to the lowest level in 14 years in the October-December quarter.

The imbalance fell to $81.1 billion in the fourth quarter, down from $96.4 billion in the July-September quarter, the Commerce Department said Wednesday. That’s the smallest gap since the third quarter of 1999.

42. 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.

43. US CEOs' Optimism on Economy Reaches 2-Year High -

WASHINGTON (AP) – U.S. chief executives have grown more optimistic about economic growth this year, and more of them plan to boost spending and hiring within the next six months.

The Business Roundtable said Tuesday that its CEO outlook index rose to 92.1 in the first quarter of this year, the highest level in two years. The index measures chief executives' expectations for sales, investment spending and hiring.

44. Midtown Office Max Sells for $3.9 Million -

An affiliate of Atlanta-based real estate investment firm Core Property Capital has paid $3.9 million for the retail building at 1460 Union Ave. that houses Office Max and Cricket stores.

45. Measurement: Holy Grail of Marketing -

Second in a two-part series. Measurement is the Holy Grail of marketing. A savvy marketer would naturally prefer to invest his dollar in a strategy with a measurable return on investment versus one without.

46. Stewart Joins Metal Museum as Collections Manager -

Grace Stewart has joined the Metal Museum as collections manager/registrar. Stewart, who previously served as registrar for the National Civil Rights Museum for a year and a half, says her goals are to help grow and define the Museum’s permanent collection and facilitate greater access to the collection through exhibits and education opportunities.

47. Marketing Is About Strategy -

The word marketing has lost its true meaning in common business vernacular. Instead of a strategic activity that contemplates price, product, promotion and place, marketing has largely come to mean tactical execution of advertising or sales materials.

48. Conduit Global Hosts Recruiting Fair March 18 -

Conduit Global, which announced in January that it is opening a call center in Cordova, is hosting a job recruitment fair Tuesday, March 18, from 10 a.m. to 4 p.m. at the Memphis Cook Convention Center.

49. Women Leading in Memphis Startup Scene -

Memphis has made all the difference for me as a female startup founder. Memphis isn’t often sought after as an entrepreneurial hub, but I found it to be just what I was looking for: supportive and empowering for woman founders like myself. Memphis startup events aren’t only balanced on gender, but also in race. A mind-set for inclusion here is really setting our community apart from others.

50. What’s Your Retirement Status? -

Ray’s Take: What are your thoughts about contributions to a 401(k), an IRA or any other tax-qualified investment vehicle? Are you thinking about the “right now” advantage of a tax break or are you thinking long term about what kind of life you would like to live in retirement?

51. Tennessee Brewery Plan Unveiled -

Memphis businessman Taylor Berger is part of a team preparing to take short-term ownership of the Tennessee Brewery Downtown, with plans to bring a variety of community-focused uses to the site from roughly the last weekend in April through the last weekend in May.

52. Examining Numbers From Data Week -

The first week of the month always produces a torrent of economic data that is capped off by the Friday employment report from the Department of Labor. Here is a summary of the more relevant data releases from last week:

53. Reports of Email’s Death Greatly Exaggerated -

The first in a two-part series. While email marketing may have lost a bit of luster given the instant gratification of social media, it’s alive and well and is one of several digital marketing channels businesses are spending significantly more on in 2014. Why? Because compared to social media marketing, email marketing is less time intensive and easier to measure, test and optimize.

54. Crosstown Funding Comes With Questions -

The Memphis City Council’s approval of $15 million in city funding for the Crosstown redevelopment project last December was supposed to be the last piece of a $180 million funding puzzle for the mammoth undertaking.

55. Furniture Company Expanding in Pontotoc -

PONTOTOC, Miss. (AP) – Delta Furniture Company plans to expand its operations in Pontotoc, creating 50 jobs in a $520,000 investment.

Officials tell WTVA-TV (http://bit.ly/1oFBLke) the company, which opened in 2009, now has more than 200 employees.

56. Collierville Reviews School Attendance Zones -

Collierville Schools board members meet Tuesday, March 11, to discuss attendance zones for the upcoming academic year as well as an interlocal agreement among the six suburban school systems for planning services.

57. Conduit Global Hosts Recruiting Fair March 18 -

Conduit Global, which announced in January that it is opening a call center in Cordova, is hosting a job recruitment fair Tuesday, March 18, from 10 a.m. to 4 p.m. at the Memphis Cook Convention Center.

58. 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.

59. 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.

60. Coca-Cola Exploring Expansion in Chattanooga -

CHATTANOOGA (AP) – Officials with Coca-Cola Bottling Co. United are looking at expanding in Chattanooga.

61. 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.

62. Eddleman Joins Family Safety Center -

Vernetta Eddleman has joined the Family Safety Center, Memphis and Shelby County’s center for victims of domestic violence, as director of client services.

In her new role, Eddleman will be responsible for the planning, design, development and management of client services, and will also supervise and train staff and partner agency providers in delivering quality care to victims and their families.

63. US Manufacturing Boosted by Orders and Stockpiles -

WASHINGTON (AP) – U.S. manufacturing expanded more quickly last month as companies received more orders and boosted their stockpiles.

A measure of production fell to its lowest level in nearly five years, likely a casualty of severe winter weather. But the rise in orders raises the possibility that factory output will rebound in coming months, economists said.

64. Buffett Says Economy Continues to Grow Steadily -

OMAHA, Neb. (AP) – Investor Warren Buffett says the economy continues the steady improvement that began in fall of 2009 and he remains optimistic despite Russia's advance into Ukraine.

65. The High Cost of Chrome, Glass and Surfaces -

I resisted the computer age. I really did. Then one of my generation’s early adopters encouraged me to buy a Leading Edge computer. My life was forever changed. No more Wite-Out correction fluid or carbon paper. I was free.

66. Apple CEO Tim Cook Teases, Reassures Shareholders -

CUPERTINO, Calif. (AP) – Apple CEO Tim Cook is still trying to convince shareholders that the iPhone maker remains a step ahead in the race to innovate, even though recent performance of the company's stock lags behind other technology trendsetters.

67. 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.

68. 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.

69. No Sign of Expansion at Plant Where UAW Dealt Loss -

NASHVILLE (AP) – Friday marks the end of the two-week period within which U.S. Sen. Bob Corker promised Volkswagen would announce another line at its factory in Tennessee if workers there rejected representation by the United Auto Workers union.

70. Exlines’ Best Pizza Marks 40 Years -

It was about 40 years ago that Walt and Violet Exline were looking for a home in Raleigh and stopped with their Realtor to eat lunch at a pizza parlor at the corner of Austin Peay Highway and Stage Road.

71. Paragon Wants Switch to State Charter -

Paragon National Bank has taken the initial steps toward switching from being a nationally chartered bank to one with a state charter.

72. Seeking Collaboration -

The debate over which development projects should be public or public-private efforts could intensify in the coming months as the city of Memphis explores multiple redevelopment plans.

Memphis Mayor A C Wharton Jr. said if the city, which is facing strong financial headwinds, hopes to attract investment, it must sometimes help jump-start developments in areas that the private sector may otherwise be hesitant to enter.

73. Miss. Lawmakers Eye Plan to Give Viking Range $12 Million -

JACKSON, Miss. (AP) – The state of Mississippi is proposing to give $12 million to Middleby Corp., the owner of Greenwood's Viking Range, to help pay for an expansion.

74. GOP Tax Plan Lowers Rates, Repeals Popular Breaks -

WASHINGTON (AP) – A sweeping House Republican plan to overhaul the nation's tax laws would wipe out a slew of popular tax breaks to help pay for lower overall tax rates, a politically risky move in an election year that drew quick opposition Wednesday.

75. Paula Deen to Open Eatery in Pigeon Forge -

SAVANNAH, Ga. (AP) – Paula Deen's comeback trail is leading her to the Smoky Mountains of east Tennessee.

76. Paragon Wants to Switch to State Charter -

Paragon National Bank has taken the initial steps toward switching from being a nationally chartered bank to one with a state charter.

77. How to Fight the Flat -

Markets have regained their composure after a sharp, but necessary, sell off in early January. Sentiment has now retreated from the euphoric levels reached toward the end of last year, to more neutral levels.

78. Economic Club Names Tucker Executive Director -

Just because she took a voluntary buyout from FedEx in December doesn’t mean Laurie Tucker is ready to slow down.

79. Healthy Design -

The road to community health and wealth is paved, at least in part, with smart design principles.

Density, a strong mix of uses, high design standards and amenities such as bike lanes and parks can produce healthier communities that attract business investment, Hernando Mayor Chip Johnson told Urban Land Institute Memphis members this week.

80. Southeastern Asset Management Posts Strong 2013 -

The annual year-end commentary from Memphis-based Southeastern Asset Management always provides an instructive look at the economic landscape and a peek at the playbook of an investment firm led by a pair of prominent Memphis businessmen.

81. Complaint Alleges Deutsche Bank Discrimination -

Deutsche Bank allegedly discriminated against minority neighborhoods in the Memphis area in the way it handled bank-owned properties, according to a complaint filed with the federal government.

82. Warren Buffett Offers Lesson in Value Investing -

OMAHA, Neb. (AP) – Warren Buffett is offering a refresher course on his approach to investing in his annual letter to Berkshire Hathaway Inc. shareholders.

83. Watson Sets Record Straight About Labor Union Views -

Tennessee Sen. Bo Watson, a Republican from Hixon, has been showing up in the national media lately, thanks to his public statements against unionization effort at the Volkswagen plant in Chattanooga.

84. 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.

85. Wind Energy Project Receives Tax Freeze -

The Economic Development and Growth Engine of Memphis and Shelby County has granted an 11-year tax incentive to a wind energy firm considering a $259.8 million investment in energy transfer infrastructure in Shelby County.

86. Women Prove Mettle in Tough CRE Industry -

When Rosemarie Fair first entered the world of commercial real estate in the early 1980s, it was still a largely male-dominated profession and she felt the biting sting of disrespect.

“When you’re in property management as a female and you’re developing a Downtown mixed-use project, when you walked into a construction site the contractors and subcontractors just assumed here comes the owner’s wife, or the secretary,” said Fair, owner of One Source Commercial Inc. “The old adage back then was you had to work twice as hard to be thought of half as much and back then it was absolutely true. I had to start below zero and prove myself. And I did, and I was successful.”

87. Gauge of US Economy's Health Up 0.3 Percent -

WASHINGTON (AP) – A measure of the U.S. economy's health posted a moderate gain in January, suggesting that the economy will continue to expand in the first half of this year.

The Conference Board reported Thursday that its index of leading indicators rose 0.3 percent last month following no change in December and a solid 0.9 percent increase in November. The index is designed to signal economic conditions over the next three to six months.

88. Wind Energy Project Receives Tax Freeze -

The Economic Development and Growth Engine of Memphis and Shelby County has granted an 11-year tax incentive to a wind energy firm considering a $259.8 million investment in energy transfer infrastructure in Shelby County.

89. 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.

90. Tennessee Official: UAW no Deal Breaker for Memphis Site -

NASHVILLE (AP) – Tennessee officials promoting a 6-square-mile "mega site" outside Memphis say it would be ideally suited for a new auto assembly plant — even if its workers are represented by the United Auto Workers union.

91. Deadline Nears for Pinnacle Awards -

The deadline for the Memphis Area Association of Realtors Commercial Council’s 13th annual Pinnacle Awards ceremony is fast approaching.

The deadline for Commercial Council members to enter the Pinnacle Awards, an event that brings commercial real estate industry professionals together and honors them for their accomplishments in the previous year, is Friday, Feb. 21, at 5 p.m. Winners will be honored at an April 3 ceremony at Memphis Botanic Garden.

92. Clean Line Energy To Meet With Local Cos. -

Clean Line Energy and its partners are hosting public meetings this month to provide information on their wind energy distribution plan and meet with local businesses.

Clean Line Energy plans on building a 700-mile-long transmission system to deliver around 3,500 megawatts of wind power – enough energy to power around 1 million homes – generated in the Oklahoma panhandle to the Mid-South and the Southeast.

93. Yellen Debuts as Fed Chair -

For the first time since 2006, someone not named Ben Bernanke testified before the House Financial Services Committee as Chair of the Board of Governors of the Federal Reserve System. Dr. Janet Yellen officially assumed the post on Feb. 3.

94. White House: Stimulus Bill Was Good for Economy -

RANCHO MIRAGE, Calif. (AP) — The costly $787 billion spending bill that President Barack Obama signed into law soon after taking office boosted the economy and helped avoid another Great Depression, the White House said in a status report on Monday's fifth anniversary of the law's enactment.

95. After UAW Defeat, Can GOP Fulfill Promise of Jobs? -

CHATTANOOGA, Tenn. (AP) — Republicans fighting a yearslong unionization effort at the Volkswagen plant in Tennessee painted a grim picture in the days leading up to last week's vote. They said if Chattanooga employees joined the United Auto Workers, jobs would go elsewhere and incentives for the company would disappear.

96. Website Shows That ‘Black Gives Back’ -

If you want to challenge your thinking on the relationship between African-Americans and philanthropy you need to follow BlackGivesBack.com. Founded by Tracey Webb in 2007, BlackGivesBack.com takes the stereotype of African-Americans as the recipients of others’ philanthropy and illustrates – with images and words – that African-Americans are busy giving to diverse causes.

97. Orpheum Files Permit For Performing Arts Center -

225 S. Main St.
Memphis, TN 38103

Permit Cost: $10.2 million

Project Cost: $14.5 million

98. Energy Company to Invest $260 Million in Shelby County -

A Houston-based wind energy firm is considering a $259.8 million investment in energy transfer infrastructure in Shelby County.

Clean Line Energy plans on building a 700-mile-long transmission system to deliver around 3,500 megawatts of wind power – enough energy to power around 1 million homes – generated in the Oklahoma panhandle to the Mid-South and the Southeast. The wind power generated in Oklahoma would be sent to the Tennessee Valley Authority system, which supplies Memphis Light, Gas and Water Division and dozens of other utilities.

99. CDC Leaders Have Challenges in Communities -

Community development corporations are designed to help create more housing in areas where investors and banks might not normally invest without incentives.

But the CDCs, as they are known, are increasingly in the business of adding business development to the housing in a combination of community building.

100. 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.