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Editorial Results (free)

1. Tigers’ Tubbs Makes Capital One Academic Squad -

University of Memphis senior first baseman Tucker Tubbs has been named to the Capital One Academic All-District First Team, the College Sports Information Directors of America have announced.

The Tigers leading power hitter, Tubbs has a .328 batting average with 14 doubles, 14 home runs and 49 RBI. Earlier this season, the Collierville High School product hit a home run in six consecutive games; that’s just two games shy of the NCAA record. He was named one of six Louisville Slugger national players of the week after the streak of consecutive games with a home run.

2. Tigers’ Tucker Tubbs Makes Capital One Academic Squad -

University of Memphis senior first baseman Tucker Tubbs has been named to the Capital One Academic All-District First Team, the College Sports Information Directors of America have announced.

The Tigers leading power hitter, Tubbs has a .328 batting average with 14 doubles, 14 home runs and 49 RBI. Earlier this season, the Collierville High School product hit a home run in six consecutive games; that’s just two games shy of the NCAA record. He was named one of six Louisville Slugger national players of the week after the streak of consecutive games with a home run.

3. Start Co. Graduates Raise $1 Million in New Capital -

Some of the startup teams newly graduated from Start Co. accelerator programs are raking in the investment cash.

4. Highland Capital Management Merges With Florida Firm -

Memphis-based investment firm Highland Capital Management has merged with a Florida-based financial firm.

Highland Capital has acquired the assets of ICC Capital Management, a combination that increases client assets under management at Highland to $2.8 billion. As a result, Highland’s parent company, Louisiana-based wealth management firm Argent Financial Group, is now responsible for client assets of more than $11 billion.

5. Shelby Farms Park Raises $70 Million in Capital Campaign -

The Shelby Farms Park Conservancy has closed the books on a capital campaign that raised $70 million. Most of the money – $60 million – was raised from 387 private-donor gifts, led by a $20 million gift from the Hyde Family Foundations.

6. Shelby Farms Conservancy Completes Capital Campaign -

The Shelby Farms Park Conservancy has closed the books on a capital campaign that raised $70 million. Most of the money – $60 million – was raised from 387 private-donor gifts, led by a $20 million gift from the Hyde Family Foundations.

7. Why Are You Running a Capital Campaign? -

Let’s be honest. Do you really know why your nonprofit is running a “capital campaign?” Does your institution have specific capital needs such as buildings or equipment that it needs to invest in? Could it be your nonprofit is really running a “we need a lot of money campaign” or an “everyone else has done it” campaign?

8. US Economic Growth in Q4 Revised Down to 2.2 Percent -

WASHINGTON (AP) – The U.S. economy slowed more sharply in the final three months of the year than initial estimates, reflecting weaker business stockpiling and a bigger trade deficit.

The Commerce Department said Friday that the economy as measured by the gross domestic product grew at an annual rate of 2.2 percent in the October-December quarter, weaker than the 2.6 percent first estimated last month. It marked a major slowdown from the third quarter, which had been the strongest growth in 11 years.

9. Magna Bank Reports 2014 Earnings -

Magna Bank earned net income of $5.1 million for the year ended Dec. 31 – the highest annual earnings since the company was founded in 1999, the bank announced this week.

10. City Makes First Schools Case Payment -

The city of Memphis has made the first installment of its payment plan with Shelby County Schools to settle the lawsuit over the Memphis City Council’s 2008 decision to cut city funding to what was then Memphis City Schools.

11. Gestalt Renews Plans for Hickory Hill School -

A new Power Center Academy middle school in Hickory Hill near or on the footprint of the old Marina Cove Apartments moved a step closer to reality with Gestalt Community Schools applying for a $7 million building permit to build a 40,147-square-foot middle school at 5449 Winchester Road.

12. Paragon Bank Closes the Book on Busy 2014 -

Paragon Bank has closed the book on 2014, an active year for the bank with milestones that included, among other things adding a wealth solutions team, executing new leases for two banking centers and forming a small business capital group.

13. The ABCs of Decision Leadership -

When we, as managers, delegate decision-making authority, we don’t delegate accountability because we cannot. And lest we forget, one bad decision, in the face of uncertainty, can destroy so much value.

14. Tax-Smart Investment Strategies -

RAY’S TAKE: I’ve heard it said that it’s not what you make, it’s what you keep that counts. Taxes matter, and over time they matter a lot. Using tax smart investments can reduce the amount of taxes you pay while you are in your accumulation years and also impact taxes you pay after you retire.

15. Magna Bank Reports 2014 Earnings -

Magna Bank earned net income of $5.1 million for the year ended Dec. 31 – the highest annual earnings since the company was founded in 1999, the bank announced this week.

16. Gestalt Renews Plans for Hickory Hill School -

A new Power Center Academy middle school in Hickory Hill near or on the footprint of the old Marina Cove Apartments moved a step closer to reality with Gestalt Community Schools applying for a $7 million building permit to build a 40,147-square-foot middle school at 5449 Winchester Road.

17. Crone Promoted at Trane Mid-South -

Jim Crone has been promoted to comprehensive solutions business development manager with Trane Mid-South. In his new role, Crone will work with large commercial, industrial and institutional customers throughout the Mid-South to develop performance-based comprehensive solutions for capital improvements and operational efficiencies.

18. Yellen Reiterates Fed's Patience in Raising Rates -

WASHINGTON (AP) – Federal Reserve Chair Janet Yellen said Tuesday that the U.S. economy is making steady progress, but that for now the Fed is will remain patient about raising interest rates because the job market is still healing and inflation is too low.

19. Gestalt Renews Hickory Hill School Plans -

A new Power Center Academy middle school in Hickory Hill near or on the footprint of the old Marina Cove Apartments moved a step closer to reality with Gestalt Community Schools applying for a $7 million building permit to build a 40,147-square-foot middle school at 5449 Winchester Road.

20. City Makes First Schools Case Payment -

The city of Memphis has made the first installment of its payment plan with Shelby County Schools to settle the lawsuit over the Memphis City Council’s 2008 decision to cut city funding to what was then Memphis City Schools.

21. Sweetie Pie’s Approached as Possible Mall Tenant -

Sweetie Pie’s, the St. Louis soul food institution in a standoff with its Beale Street landlord, has been approached by the administration of Memphis Mayor A C Wharton Jr. as a tenant for one of two malls the administration wants to convert to “town centers.”

22. Editorial: City Hall and the Bubble -

About five years ago at City Hall, Memphis Mayor A C Wharton Jr. had a “plain vanilla” plan for the city’s finances that would get the city past a tough period.

His description was in keeping with the ho-hum aura of past debt-restructuring actions the Memphis City Council has seen over the years.

23. Fed Officials in No Hurry to Raise Rates -

WASHINGTON (AP) – Federal Reserve officials struggled last month to assess when economic data might prompt them to raise interest rates from record lows – and how best to convey their intentions to investors.

24. Sweetie Pie’s Could be Tenant at Raleigh Springs Mall -

Sweetie Pie’s, the St. Louis soul food institution in a standoff with its Beale Street landlord, has been approached by the administration of Memphis Mayor A C Wharton Jr. as a tenant for one of two malls the administration wants to convert to “town centers.”

25. Raleigh Springs Mall Tests Town Center Concept -

The idea that a declining shopping mall can be redeveloped and reinvigorated as a “town center” with local government offices as a catalyst for private developers appears to be on its way to a meeting with reality.

26. Council Critical of Wharton Debt Restructuring -

First reviews from Memphis City Council members Tuesday, Feb. 17, to Memphis Mayor A C Wharton’s plan to restructure the city’s debt payments were harsh and skeptical.

Wharton wasn’t present in council committee sessions Tuesday as council member Jim Strickland played audio of Wharton in 2010 telling council members that the restructuring of city debt then was a “plain vanilla” transaction.

27. New Entrepreneurship Group Taps First President -

The Memphis Bioworks-led entrepreneurship initiative EPIcenter has tapped a nationally recognized entrepreneurship and business development leader to serve as its first president.

Leslie Lynn Smith comes to the job after five years as president and CEO of TechTown Detroit. She'll also serve as a vice president on the Bioworks executive team.

28. Sweetie Pie’s Approached as Mall Tenant -

Sweetie Pie’s, the St. Louis soul food institution in a standoff with its Beale Street landlord, has been approached by the administration of Memphis Mayor A C Wharton Jr. as a tenant for one of two malls the administration wants to convert to “town centers.”

29. Memphis Leading Cities In Women-Led Startup Programs -

As a female serial entrepreneur, I experienced firsthand both the challenges and the opportunities of building a technology startup as a woman.

I started my entrepreneurial journey in 2004 and in 2013 joined Start Co. as an entrepreneur-in-residence because of the community’s focus on inclusion and empowerment of women. With the support of LaunchTN, City of Memphis, Assisi Foundation, FedEx, Start Co. Angels, and local partners like Baker Donelson, archer-malmo, The Marston Group and others, as a community we can see the impact and success of our acceleration and inclusion programs for women.

30. Maines Paper & Food Service Continues Work in Arlington -

11420 Gulf Stream Road
Memphis, TN 38002
Permit Amount: $2.5 million

Permit Application Date: February 2015
Owner: W D Arlington LLC
Tenant: Maines Paper & Food Service
Details: More new construction is planned at the Maines Paper & Food Service cold-storage facility in Arlington.

31. Debt, Pension Overhang Top City Council Priorities -

UPDATE: Council committee sessions are beginning late Tuesday – at 10:30 a.m. – because of weather-related road conditions, and committees will have a condensed schedule, according to council staff.

32. Silicone Arts Laboratories Enters 2015 With Additional Funding, Big Plans -

Silicone Arts Laboratories, a Memphis-based venture that makes innovative cosmetic products, is hosting an open house next month in its new Cooper-Young location.

And “new” is the operative word about the company’s efforts in 2015.

33. Silicone Arts Laboratories Enters 2015 With New Funding, Big Plans -

Silicone Arts Laboratories, a Memphis-based venture that makes innovative cosmetic products, is hosting an open house next month in its new Cooper-Young location.

And “new” is the operative word about the company’s efforts in 2015.

34. Coca-Cola Considers Relocation, Consolidation -

Coca-Cola Refreshments USA Inc. is considering a $4.8 million project to consolidate distribution operations in Memphis and West Memphis, Ark., into one facility in Memphis, according to application for a tax freeze.

35. House Votes to Make Expired Business Tax Breaks Permanent -

WASHINGTON (AP) – The House voted Friday to make permanent an expired tax break designed to help small businesses invest in equipment and property, defying a veto threat by the White House.

36. Fairfield Inn & Suites Sells for $3 Million -

A Fairfield Inn & Suites by Marriott near Perkins Road and Interstate 40 in East Memphis has been sold for $3 million.

Suit & Tie Lodging LLC, operating in care of Iowa-based Hawkeye Hotels, bought the hotel at 4760 Showcase Blvd. from Leeward Strategic Properties LLC, operating in care of GE Capital Real Estate, according to a Feb. 5 special warranty deed.

37. Ready.Fund.Grow! Offers Help for Women-Owned, Small Businesses -

Small and women-owned businesses will have new sources of capital and know-how in 2015, thanks to a new initiative, Ready.Fund.Grow!, being developed by Pathway Lending and the Tennessee Small Business Development Center (TSBDC), along with a new Women’s Business Center which will be operated by Pathways.

38. Crosstown Crossroads -

Richard Spore and his colleague at the Memphis office of the Bass Berry & Sims law firm have worked on several ambitious, game-changing projects like the transformation of Overton Square and Bass Pro Shops’ redevelopment of The Pyramid.

39. Data for Fed Digestion -

The recent weeks have seen a flurry of economic data that shed light on the United States economy. Here is a recap of two of those data points:

Gross Domestic Product. The first GDP release for fourth quarter 2014 (a data point that will be revised multiple times down the road) revealed an economy that grew by 2.6 percent in the quarter, down sharply from the 5 percent growth registered in the third quarter.

40. Haslam Budget Seeks to Improve Teacher Salaries -

NASHVILLE, Tenn. (AP) – Gov. Bill Haslam says he's committed to making Tennessee the fastest-improving state in the nation in terms of teacher pay and that his budget will reflect that commitment.

41. Lakeland Prep Land Purchase Takes Another Step -

Lakeland Schools board members hired architects and planners Monday, Feb. 9, to begin design work on a new Lakeland Prep grade 6-12 school to open in August 2017.

And the school system is poised to buy the 94 acres of land with $1 million from their $1.5 million reserve fund after the Shelby County Commission delayed earlier in the day Monday a shift of county capital funds for the purchase of the land north of U.S. 70 and east of Canada Road.

42. Developer Says Now is Time for One Beale -

A favorable lending environment and strong demand for Downtown apartments, hotel rooms and meeting space are providing a window for developers to move forward with a skyline-altering hotel and apartment development overlooking the Mississippi River at the foot of Beale Street, a member of the development team told Downtown officials Tuesday.

43. Commission Delays Vote on Lakeland School Site Funding -

Shelby County commissioners delayed a vote Monday, Feb. 9, on a shift of county capital funds for the Lakeland Schools System to allow the school system to use it to buy land for the new Lakeland Prep grades 6-12 school being planned.

44. Commission Delays Vote on Lakeland School Site Funding -

Shelby County commissioners delayed a vote Monday, Feb. 9, on a shift of county capital funds for the Lakeland Schools System to allow the school system to use it to buy land for the new Lakeland Prep grades 6-12 school being planned.

45. Fairfield Inn & Suites Sells for $3 Million -

A Fairfield Inn & Suites by Marriott near Perkins Road and Interstate 40 in East Memphis has sold for $3 million.

Suit & Tie Lodging LLC, operating in care of Iowa-based Hawkeye Hotels, bought the hotel at 4760 Showcase Blvd. from Leeward Strategic Properties LLC, operating in care of GE Capital Real Estate, according to a Feb. 5 special warranty deed.

46. The ‘Carnegie Hall or Bust’ Fundraiser, Part 2 -

Dr. Todd Robinson is a Navy pilot and flight surgeon, author, film producer, University of Tennessee Health Science Center alumnus and faculty member, and a practicing Memphis physician. He is an M.D. and a Ph.D. But until now there was one area in which he had no experience: fundraising.

47. Fogelman Company Launching Retail Center in East Memphis -

6544 Poplar Ave.
Memphis, TN 38118

Permit Amount: $3.2 million

Permit Application Date: February, 2015

48. Wharton Not Giving Up on Fairgrounds Plan -

Nashville is a more turbulent place than usual these days, especially Capitol Hill. So Memphis Mayor A C Wharton Jr. and his administration probably won’t tempt the turbulence there by taking their plan for a Tourism Development Zone to finance a Mid-South Fairgrounds renovation to the Tennessee Building Commission later this month.

49. More Tax Incentive Changes Likely -

Shelby County Mayor Mark Luttrell made the argument last week in his State of the County speech that local economic development and economic recovery is not the singular pursuit of jobs.

50. CMOM Hopes to Open Carousel in 2017 -

The century-old Grand Carousel that was once in the old Libertyland amusement park should be refurbished, reassembled and open to the public on the front lawn of the Children’s Museum of Memphis in two years.

51. Shelby Farms Conservancy Goes Over Capital Goal -

The Shelby Farms Park Conservancy topped its goal of raising $100,000 by the end of January, with an ending total of $115,000 raised from contributors who made their donations online and at several businesses during January. The donations ranged from $4 to $5,000 and help trigger a $1 million challenge contribution from an anonymous benefactor.

52. Brean Capital Looks to Expand, Grow in Memphis -

Brean Capital LLC arrived in Memphis a few months ago and sees 2015 as a year of forward momentum for the company, with a planned move to a new office as well as interest in adding to the firm’s local ranks.

53. Shelby Farms Conservancy Goes Over Capital Goal -

The Shelby Farms Park Conservancy topped its goal of raising $100,000 by the end of January, with an ending total of $115,000 raised from contributors who made their donations online and at several businesses during January. The donations ranged from $4 to $5,000 and help trigger a $1 million challenge contribution from an anonymous benefactor.

54. Haslam's Insure Tennessee Health Plan Fails in Legislature -

Gov. Bill Haslam's proposal to extend health coverage to 280,000 low-income Tennesseans has failed during a special legislative session.

The Senate Health Committee defeated the Republican governor's Insure Tennessee plan Wednesday on a 7-4 vote.

55. US Services Firms Grew at Slightly Faster Pace in January -

WASHINGTON (AP) – U.S. services firms grew at a slightly faster pace in January, led by hotels, restaurants and financial firms.

The Institute for Supply Management said Wednesday that its services index rose to 56.7 in January, up a small amount from a revised reading of 56.5 in December.

56. Events -

Mid-South Area Business Travel Association will meet Thursday, Feb. 5, from 8 a.m. to 10 a.m. at Courtyard Memphis-Collierville, 4640 Merchants Park Circle. Phil Hammer, director of travel services for Runzheimer International, will present “Key Trends in Business Travel Costs.” Tickets are $25 for members and $40 for nonmembers. Visit msabta.org.

57. Skyline-Changing Tower Project Planned for Beale -

The resurrected One Beale project at Riverside Drive and Beale Street has returned to a two-tower plan that will include 280 apartments, 40,000 square feet of retail and meeting space, 20,000 square feet of office space and a 300-room hotel.

58. Children's Museum Hopes to Open Carousel in 2017 -

The century-old Grand Carousel that was once in the old Libertyland amusement park should be refurbished, reassembled and open to the public on the front lawn of the Children’s Museum of Memphis in two years.

59. Events -

Memphis Library Foundation will hold a groundbreaking ceremony for the teen learning lab Wednesday, Feb. 4, at 11 a.m. at its future site in the Benjamin L. Hooks Central Library, 3030 Poplar Ave. The name for the lab will be announced at the ceremony. Visit memphislibraryfoundation.org.

60. Investing in Entrepreneurship Key to City’s Success -

When approaching economic development in Memphis, it’s important to consider the impact that high-growth entrepreneurial companies have made locally and nationwide.

In fact, the Kauffman Foundation found that most net new jobs in the last 30 years have come from high-growth entrepreneurial companies.

61. Obama's Record Budget: Tax the Rich, Help Middle Class -

WASHINGTON (AP) – Promising to help America's middle class, President Barack Obama on Monday sent Congress a record $4 trillion budget that would hammer corporate profits overseas and raise taxes on the wealthy while boosting tax credits for families and the working poor.

62. Libertyland Carousel To Return in 2017 -

When the Memphis City Council on Tuesday, Feb. 3, gets its second briefing in as many weeks on the proposed overhaul of the Mid-South Fairgrounds, they will hear from Memphis Mayor A C Wharton Jr.’s administration that the mothballed Grand Carousel from the old Libertyland amusement park is about to be uncrated and reassembled as part of the Children’s Museum of Memphis.

63. Shelby Farms Conservancy Seeks $7.2 Million in Permits -

6093 N Patriot Lake Blvd.
415 E. Patriot Lake Blvd.
Memphis, TN 38118
Permit Amount: $7.2 million

64. Council Gives Third Look at Beale Street Authority -

For a third consecutive session, Memphis City Council members are scheduled to vote Tuesday, Feb. 3, on establishing a Beale Street Tourism Development Authority.

The resolution establishing the authority to oversee and further develop the entertainment district was delayed two weeks ago as some council members, led by Harold Collins and Wanda Halbert, talked about the council approving actions of the development authority.

65. US New Home Sales Jump 11.6 Percent in December -

Sales of new U.S. homes accelerated strongly in December, a sign that home-buying may improve this year after a lackluster 2014.

The Commerce Department said Tuesday that new home sales climbed 11.6 percent last month to a seasonally adjusted annual rate of 481,000. The gains were not enough to offset essentially flat home-buying over the course of 2014. Just 435,000 new homes were bought last year, a modest 1.2 percent improvement from 2013.

66. Airport Business Park Sells for $4.7 Million -

A group affiliated with a Dallas-based commercial real estate financing company has acquired Airport Business Park at a significant discount.

CRE ABP Memphis LLC, which is affiliated with Dallas-based Gearing Capital Partners Inc., bought Airport Business Park from Allegiance Realty Corp. for $4.7 million, according to a Jan. 21 warranty deed.

67. Shelby Farms Applies for $7.2M in Building Permits -

The Shelby Farms Park Conservancy has applied for two building permits totaling $7.2 million for the creation of a new visitors center and new restaurant and retreat center.

68. Wharton Administration No Show At Fairgrounds Forum -

No one from the administration of Memphis Mayor A C Wharton Jr. showed up Wednesday, Jan. 28, for a public forum on Wharton’s still-developing plan for the redevelopment of the Mid-South Fairgrounds.

69. Wharton Defends, Touts Record at State of the City -

Memphis Mayor A C Wharton Jr. defended and touted Thursday, Jan. 29, his administration’s pursuit of the economic development projects that his challengers in the October city elections will likely use to make their case.

70. US Unemployment Benefit Applications Plunge to 15-Year Low -

WASHINGTON (AP) – The number of people seeking unemployment aid plunged last week to the lowest level in almost 15 years, a sign hiring will likely remain healthy.

Weekly applications dropped 43,000 to a seasonally adjusted 265,000, the Labor Department said Thursday. That is the lowest level since April 2000. It is also the biggest decline in two years. The four-week average, a less volatile measure, fell 8,250 to 298,500.

71. Almost Half of US Households Exhaust Their Salaries -

WASHINGTON (AP) – The Federal Reserve has declared economic growth "solid." But several new reports show most Americans are treading along a dangerous financial tightrope, where one slip could be devastating.

72. Fed Stays 'Patient' on Rates While Noting Improving Economy -

WASHINGTON (AP) – The Federal Reserve reiterated Wednesday that it will be "patient" in raising interest rates from record lows even as the U.S. economy moves steadily closer to full health.

73. Settlement Could Fund I-Zone Schools -

With federal money about to run out for the Shelby County Schools Innovation Zone schools, the $8 million in cash due from the city of Memphis next month is most likely to land in the bank account for that effort.

74. School Board Approves Settlement Over 2008 Funding Cut -

Nearly six years after it began, the Shelby County Schools system and the city of Memphis have settled their differences over the city council’s 2008 decision to cut funding to what was then the Memphis City Schools system.

75. US New Home Sales Jump 11.6 Percent in December -

Sales of new U.S. homes accelerated strongly in December, a sign that home-buying may improve this year after a lackluster 2014.

The Commerce Department said Tuesday that new home sales climbed 11.6 percent last month to a seasonally adjusted annual rate of 481,000. The gains were not enough to offset essentially flat home-buying over the course of 2014. Just 435,000 new homes were bought last year, a modest 1.2 percent improvement from 2013.

76. Shelby Farms Applies for $7.2 Million in Building Permits -

The Shelby Farms Park Conservancy has applied for two building permits totaling $7.2 million for the creation of a new visitors center and new restaurant and retreat center.

77. Shelby Farms Applies for Permits Totaling $7.2 Million -

The Shelby Farms Park Conservancy has applied for two building permits totaling $7.2 million for the creation of a new visitors center and new restaurant and retreat center.

78. Airport Business Park Sells for $4.7 Million -

A group affiliated with a Dallas-based commercial real estate financing company has acquired Airport Business Park at a significant discount.

CRE ABP Memphis LLC, which is affiliated with Dallas-based Gearing Capital Partners Inc., bought Airport Business Park from Allegiance Realty Corp. for $4.7 million, according to a Jan. 21 warranty deed.

79. Fairgrounds Plan Draws Different Opinions -

The first renderings of a recast Mid-South Fairgrounds offered years ago are just one misstep early on that continues to plague the project still in search of specific private partners.

The conceptual drawings were heavy on baseball diamonds when the idea of two mayoral administrations at City Hall was and remains more soccer fields, basketball courts and a multi-purpose sports facility along with baseball diamonds.

80. Consumer Prices Drop 0.4 Percent in December -

U.S. consumer prices fell in December by the largest amount in six years, reflecting another big monthly decline in gas prices and providing further evidence of falling inflation pressures.

The Labor Department said Friday that its consumer price index dropped 0.4 percent last month, the biggest one-month drop since December 2008. It was also the second straight monthly decline in prices with both months reflecting big decreases in gas prices, which have been tumbling in recent months because of the global plunge in oil prices.

81. Taxing Question -

With gas prices in a historic plunge, the idea of hiking state and federal gas taxes and fees to pay for transportation infrastructure improvements is gaining traction.

Democratic and Republican leaders in both chambers of Congress in recent weeks have signaled a willingness to approve an increase in the federal gas tax to help fund improvements to the nation’s crumbling roads and bridges. Meanwhile, a new statewide coalition has launched to support an increase and reform in Tennessee’s transportation fees.

82. Shelby Farms Campaign Closes In on Last $100,000 -

The Shelby Farms Park Conservancy hopes to close out its $70 million capital fundraising campaign by Sunday, Feb. 1, for the “Heart of the Park” improvements already underway.

83. First Horizon Ends 2014 on Upswing -

The parent company of First Tennessee Bank wrapped up its 150th anniversary year by delivering $213 million in net income to shareholders, up from $24 million for 2013.

84. Airlines Expect Another Big Year With Help From Cheaper Fuel -

DALLAS (AP) – Leaders of United and Southwest gave an upbeat forecast for 2015 that combined strong travel demand and cheaper fuel. Airline stocks soared on Thursday.

The price of jet fuel has dropped by about half since September, boosting airline profits and tamping down fear that global economic weakness could hurt the carriers. Analysts expect all four of the biggest U.S. airline operators to post bigger profits this year than in 2014.

85. Haslam on Statewide Tour to Tout Insure Tennessee -

Tennessee Gov. Bill Haslam says he isn’t counting votes in the Tennessee legislature just yet for his Insure Tennessee Medicaid expansion proposal.

At least he’s not counting hard votes for the upcoming Feb. 2 special legislative session as he holds a series of nine public forums across the state.

86. Cohen Calls Tennessee Promise ‘A Fraud’ -

U.S. Rep. Steve Cohen of Memphis calls the Tennessee Promise last dollar scholarship program for community college and state technical centers “a fraud.”

87. New Steps to Boost Private Investment on Infrastructure -

WASHINGTON (AP) – The Obama administration on Friday announced new steps federal agencies are taking to attract private money for projects upgrading roads, bridges and other infrastructure.

88. Consumer Prices Drop 0.4 Percent in December -

U.S. consumer prices fell in December by the largest amount in six years, reflecting another big monthly decline in gas prices and providing further evidence of falling inflation pressures.

The Labor Department said Friday that its consumer price index dropped 0.4 percent last month, the biggest one-month drop since December 2008. It was also the second straight monthly decline in prices with both months reflecting big decreases in gas prices, which have been tumbling in recent months because of the global plunge in oil prices.

89. End of Holidays Boosts Jobless Aid Applications -

The end of the holiday shopping season led to more Americans seeking unemployment benefits last week, raising the number of applications to an 18-week high. Still, the number remains near historically low levels.

90. Phoenix REIT Purchases 2 Walgreens for $11.3 Million -

A Phoenix-based real estate investment trust has acquired two Walgreens stores from the retailer’s parent company.

ARCP WG Memphis TN LLC and ARCP WG Bartlett 5950 Stage Road LLC, both affiliates of Phoenix-based American Realty Capital Properties, acquired the Walgreens stores at 3670 Riverdale Road and 5950 Stage Road in Bartlett from the Walgreen Co. for $11.3 million, according to two Nov. 24 special warranty deeds.

91. $3 Million Permit Filed to Expand Berclair Elementary -

Shelby County Schools officials have applied for a $3 million building permit for an expansion of Berclair Elementary School, 810 N. Perkins St.

92. End of Holidays Boosts Jobless Aid Applications -

The end of the holiday shopping season led to more Americans seeking unemployment benefits last week, raising the number of applications to an 18-week high. Still, the number remains near historically low levels.

93. Start Co. Teams With Innova Memphis -

Start Co. has a new partner that’s bringing new funding with them to bolster the venture development organization’s efforts.

94. The Other Fellow -

Long before his death last year, former U.S. Sen. Howard Baker of Tennessee was aware that other Republicans, including those who worked in his groundbreaking campaigns of the 1960s and 1970s, believed it was no longer possible for a political moderate like him to get elected in Tennessee.

95. $3 Million Permit Filed for Berclair Elementary Expansion -

Shelby County Schools officials have applied for a $3 million building permit for an expansion of Berclair Elementary School, 810 N. Perkins St.

96. Financial Terms You Should Know -

Ray’s take: Do you know the RMD for your IRA? How about your AGI for the IRS? Or does the alphabet soup of financial terms leaving you scratching your head?

Some people watch interviews with investment professionals and look for subtitles, as if the conversation is in another language. It often is. Investment and tax news is typically delivered in cryptic acronyms which seem to be designed to confuse rather than inform.

97. Bank of Bartlett Buys Germantown Property -

1870 Kirby Parkway
Germantown, TN 38138
Sale Amount: $4.1 million

Sale Date: Dec. 29, 2014
Buyer: Bank of Bartlett
Seller: Spence Ray
Details: Bank of Bartlett has bought back a site on Kirby Parkway in Germantown for $4.1 million.

98. Millions More People to Get Their Credit Score for Free -

NEW YORK (AP) – Millions more people will have free access to their FICO credit score this year. That's good news for consumers, since the number is widely used by lenders to check potential borrowers' financial health.

99. Phoenix REIT Purchases 2 Walgreens for $11.3 Million -

A Phoenix-based real estate investment trust has acquired two Walgreens stores from the retailer’s parent company.

ARCP WG Memphis TN LLC and ARCP WG Bartlett 5950 Stage Road LLC, both affiliates of Phoenix-based American Realty Capital Properties, acquired the Walgreens stores at 3670 Riverdale Road and 5950 Stage Road in Bartlett from the Walgreen Co. for $11.3 million, according to two Nov. 24 special warranty deeds.

100. I Choose Memphis: Gene Baker -

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

Name: Gene Baker