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Editorial Results (free)

1. Verso to Lay Off 600 in Maine, Kentucky -

Verso Corp. is permanently eliminating 300 jobs in Maine and laying off another 300 in Kentucky as it reduces production of coated paper and dried market pulp.

2. US Trade Gap Widens 7 Percent in June as Imports Jump -

WASHINGTON (AP) — The U.S. trade deficit increased in June as solid consumer spending pulled in more imports, while the strong dollar restrained exports.

The Commerce Department said Wednesday the trade gap jumped 7 percent to $43.8 billion in June, up from $40.9 billion in May. Imports increased 1.2 percent to $232.4 billion, while exports edged lower to $188.6 billion from $188.7 billion.

3. US Economy Posts Solid 2.3 Percent Growth Rate in Q2 -

WASHINGTON (AP) — The U.S. economy posted a solid rebound in the April-June quarter after a harsh winter, led by a surge in consumer spending and a recovery in foreign trade that bode well for the rest of the year.

4. US Economy Not As Bad in First Quarter, Paving Way for Rebound -

WASHINGTON (AP) — The U.S. economy contracted in the first three months of the year, just not as much as previously estimated. More recent data show that the weakness was largely temporary, with a rebound in the works for the April-June quarter.

5. Trade Bill Clears Senate Hurdle, At Brink of Final Passage -

WASHINGTON (AP) — The Senate pushed bipartisan trade legislation to the brink of final approval Tuesday in a combined effort by President Barack Obama and Republican congressional leaders to rescue a measure that appeared all but dead less than two weeks ago.

6. US Wholesale Prices Jump in May, Led By Eggs, Gasoline -

WASHINGTON (AP) – Prices at the wholesale level rose at the fastest pace in nearly 3 years in May, pushed higher by a sharp jump in the cost of gasoline and a record increase in the price eggs related to an outbreak of avian influenza. But outside of increases in volatile food and energy costs, core inflation remained moderate.

7. Del-Nat Sells Warehouse, Newby’s Makes A Comeback -

Del-Nat Tire Co. has unloaded a 500,000-square-foot warehouse in Southwest Memphis.

Sunhill Holdings LLC acquired the warehouse at 2365 Texas Drive for $6 million from Del-Nat Realty.

8. Fuel and Potential Fires for the US Economy Ahead -

WASHINGTON (AP) – The US economy should get better after a sputtering first quarter, but how much better? It's complicated.

Steady hiring and low gas prices should help power solid growth through the rest of 2015. The harsh winter and a labor dispute that slowed trade at West Coast ports are both over. Home sales and construction are rebounding, along with business investment.

9. Why a Shrinking Economy Last Quarter Isn't Cause for Fear -

WASHINGTON (AP) – Another first quarter of the year. Another reversal for the U.S. economy. Another expectation of a rebound to come.

On Friday, the government will likely estimate that the economy shrank in the January-March quarter for a second straight year, depressed by brutal weather, a reeling energy sector and an export slump caused by a higher-valued dollar.

10. A Hazy View of US Economy Emerges Ahead of April Jobs Report -

WASHINGTON (AP) – When the government reports Friday on job growth during April, it could help clarify an increasingly nagging question:

Just how strong is the U.S. economy?

The picture has grown hazier of late. Employers added only 126,000 jobs in March, ending a yearlong streak of monthly gains above 200,000. For April, economists predict a rebound to 222,500 added jobs.

11. Chamber Business Council to Host Polish Ambassador -

The International Business Council of the Greater Memphis Chamber, in partnership with the Memphis in May International Festival and the World Trade Club, will host Ryszard Schnepf, the Polish Ambassador to the United States.

12. US Trade Deficit Jumps to 6-Year High of $51.4 Billion -

WASHINGTON (AP) – The U.S. trade deficit in March swelled to the highest level in more than six years, propelled by a flood of imports that may have sapped the U.S. economy of any growth in the first quarter.

13. Blame Fed for Lame Q1 GDP? -

The U.S. economy grew 0.2 percent in the first quarter, well below analyst consensus. The fairly typical excuses followed the release, from weather to port strikes, to the first quarter growth curse that has stifled Q1 numbers since the financial crisis. The Fed even brushed off the weak numbers as a consequence of “transitory factors.”

14. Shelby County Commercial Sales Revenue Surges in First Quarter -

The number of commercial sales in Shelby County dipped in the first quarter when compared to last year but the average sale amount and total sales revenue surged ahead of 2014 levels, according to real estate information company Chandler Reports.

15. US Economy Barely Grew in First Quarter -

WASHINGTON (AP) – The U.S. economy skidded to a near halt in the first three months of the year, battered by a triple whammy of harsh weather, plunging exports and sharp cutbacks in oil and gas drilling.

16. With Economy Uncertain, No Fed Rate Hike is Seen Before Fall -

WASHINGTON (AP) – For 6½ years, the Federal Reserve has held its key interest rate near zero, and for nearly that long the financial world has speculated about when the Fed will start raising it.

17. Reps for West Coast Dockworkers Urge Union to OK Contract -

LOS ANGELES (AP) – A tentative contract agreement that restored the flow of international trade through West Coast seaports earlier this year took a big step closer Friday to becoming official, as representatives of the dockworkers' union overwhelmingly recommended that rank-and-file members vote to approve the deal.

18. Eurofix, Autofix Expand With Purchase of Middle Tennessee Midas Locations -

When you live in an “it” city, it’s important to have an “it” car, or at least that seems to be the thinking given the number of high-end imports seen around Middle Tennessee these days.

19. 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.

20. 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.

21. US Labor Chief Urges Quick Deal in West Coast Port Dispute -

LOS ANGELES (AP) – The nation's top labor official is bringing a clear message to dockworkers and their employers amid a contract dispute that has crippled international trade through West Coast seaports: Reach a deal – and fast.

22. US Labor Official Attempts to Untangle Port Dispute -

West Coast seaports that were all but shut over the holiday weekend because of a contract dispute are reopening as the nation’s top labor official begins his efforts to solve a stalemate between dockworkers and their employers that already has disrupted billions of dollars in trade.

23. US Allows Imports of Privately Produced Products From Cuba -

HAVANA (AP) – The Obama administration is announcing that it will allow Cuba's small private business sector to sell goods to the United States in a potentially important loosening of the half-century trade embargo on the communist island.

24. Nashville’s Most Romantic Restaurants -

Romance means something different for everyone, but most people can agree that if there is low lighting, soft music, a charming companion and something delicious to eat, you’ve already got the makings of one outstanding evening.

25. 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.

26. Shrinking Foreign Oil Bill Sends US Trade Deficit Lower -

WASHINGTON (AP) – The U.S. trade deficit fell in November to the lowest level in almost a year, thanks to the country's swiftly shrinking thirst for foreign oil.

The deficit – imports minus exports – narrowed to $39 billion during the month, down 7.7 percent from a revised October deficit of $42.2 billion, the Commerce Department reported Wednesday.

27. US Trade Deficit Drops to $43.4 Billion in October -

WASHINGTON (AP) – The U.S. trade deficit fell slightly in October as exports rebounded while oil imports dipped to the lowest level in five years.

The deficit edged down 0.4 percent to $43.4 billion, a drop from a revised $43.6 billion in September, the Commerce Department reported Friday.

28. West Coast Strife Persists and Local Impact Remains Elusive -

Labor strife on West Coast docks isn't going to steal Christmas in Memphis, but it is having an impact locally, according to industry officials. But just how deep that impact cuts remains to be seen.

29. Soaring Generic Drug Prices Draw Senate Scrutiny -

WASHINGTON (AP) – Some low-cost generic drugs that have helped restrain health care costs for decades are seeing unexpected price spikes of up to 8,000 percent, prompting a backlash from patients, pharmacists and now Washington lawmakers.

30. US Trade Deficit Expands in September -

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

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

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

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

32. Ailing Global Economy Could Lead Fed to Delay Hike -

WASHINGTON (AP) – Just as the U.S. job market has finally strengthened, the Federal Reserve now confronts a new worry: A sputtering global economy that's spooked investors across the world.

33. American Recovery Drives the Dollar Sharply Higher -

NEW YORK (AP) – In the world of currencies, the dollar is starting to look like a safe home in a tough neighborhood.

A strengthening American economy, combined with a gloomy outlook for growth elsewhere, is pushing the U.S. currency sharply higher.

34. The Dollar Strikes Back -

Movements between the dollar, euro, and yen profoundly impact global flows of goods and capital. Given recent language and policy shifts from the U.S. Federal Reserve (FED), the European Central Bank (ECB) and the Bank of Japan (BOJ), let’s re-examine global currency trends.

35. US Trade Gap Narrows to Lowest Level in 5 Months -

WASHINGTON (AP) – The U.S. trade deficit fell in June to its lowest level since January as imports dropped sharply, led by lower shipments of cellphones, petroleum, and cars.

The trade deficit fell 7 percent in June to a seasonally adjusted $41.5 billion, from $44.7 billion in May, the Commerce Department said Wednesday.

36. More Vigorous US Economy Appears to Be Emerging -

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

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

37. US Trade Deficit Drops to $44.4 Billion in May -

WASHINGTON (AP) – The U.S. trade deficit fell in May as U.S. exports hit an all-time high, helped by a jump in exports of petroleum products. Imports dipped slightly.

The trade deficit narrowed 5.6 percent in May to $44.4 billion after hitting a two-year high of $47 billion in April, the Commerce Department reported Thursday.

38. How to Get Unstuck From a Rut -

Perspective is everything. In life and work life this adage proves true time and time again.

If you can see opportunity without preset lenses, you are more prone to make advantageous use of this gift. If you harness the skill to zoom out and zoom in, you see your business in many different settings, in different categories and segments, and serving different customers. We, at the Studio, cannot empathize the power of fresh thinking and a cached perspective.

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

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

Any schadenfreude would be short-sighted.

40. Iraqi Trade Delegation Visits Memphis -

An Iraqi trade delegation in Memphis this week got a look at the FedEx Memphis SuperHub and met with the local Iraqi community.

Naufel Alhassan, commercial counselor for Iraq’s U.S. embassy, also met Monday, April 21, with leaders of the Greater Memphis Chamber.

41. US Trade Deficit Hits $42.3 Billion in February -

WASHINGTON (AP) – The U.S. trade deficit climbed to the highest level in five months in February as demand for American exports fell while imports increased slightly.

The deficit increased to $42.3 billion, which was 7.7 percent above the January imbalance of $39.3 billion, the Commerce Department reported Thursday.

42. 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.

43. 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.

44. Retailers of All Stripes Sing Holiday Blues -

NEW YORK (AP) – Several major retailers slashed their fiscal fourth-quarter profit forecasts this week in the latest sign that Americans didn't spend briskly during the holiday shopping season.

45. US: Oil Output to Near Record; Prices Stay Tame -

NEW YORK (AP) – The Energy Department says the nation's energy picture is getting ever rosier. Production is rising, consumption is slowing, and prices are expected to remain in check.

46. US Trade Deficit Drops to $40.6 Billion in October -

WASHINGTON (AP) – The U.S. trade deficit fell in October, helped by America's energy boom that lifted overall exports to an all-time high.

The trade gap narrowed to $40.6 billion in October, the Commerce Department said Wednesday. That's 5.4 percent lower than the September gap of $43 billion, which was higher than initially estimated.

47. US Trade Deficit Widens 8 Percent in September -

WASHINGTON (AP) – The U.S. trade deficit widened in September as imports increased to the highest level in 10 months while exports slipped. The wider gap suggests growth was somewhat slower over the summer than previously estimated.

48. FDA Enlists Companies to Head Off Drug Shortages -

WASHINGTON (AP) – The Food and Drug Administration announced a new proposal Thursday to try and head off more shortages of crucial medications that have disrupted care at hospitals and clinics nationwide.

49. FDA Enlists Companies to Head Off Drug Shortages -

WASHINGTON (AP) – The Food and Drug Administration announced a new proposal Thursday to try and head off more shortages of crucial medications that have disrupted care at hospitals and clinics nationwide.

50. FDA Enlists Companies to Head Off Drug Shortages -

WASHINGTON (AP) – The Food and Drug Administration announced a new proposal Thursday to try and head off more shortages of crucial medications that have disrupted care at hospitals and clinics nationwide.

51. FDA Enlists Companies to Head Off Drug Shortages -

WASHINGTON (AP) – The Food and Drug Administration announced a new proposal Thursday to try and head off more shortages of crucial medications that have disrupted care at hospitals and clinics nationwide.

52. FDA Enlists Companies to Head Off Drug Shortages -

WASHINGTON (AP) – The Food and Drug Administration announced a new proposal Thursday to try and head off more shortages of crucial medications that have disrupted care at hospitals and clinics nationwide.

53. FDA Enlists Companies to Head Off Drug Shortages -

WASHINGTON (AP) – The Food and Drug Administration announced a new proposal Thursday to try and head off more shortages of crucial medications that have disrupted care at hospitals and clinics nationwide.

54. FDA Enlists Companies to Head Off Drug Shortages -

WASHINGTON (AP) – The Food and Drug Administration announced a new proposal Thursday to try and head off more shortages of crucial medications that have disrupted care at hospitals and clinics nationwide.

55. Buying Yellen -

President Obama recently made it official that Janet Yellen will succeed Ben Bernanke as the head of the Federal Reserve. Janet has spent much of her career as a dedicated and vocal advocate for the unemployed. With participation rates low, and the unemployment rate high, the markets anticipate that Janet will continue, if not augment, Ben Bernanke’s expansionary monetary policies. A renewed enthusiasm for monetary stimulus has had observable market impact.

56. Henry Named Sales Manager at Mercedes-Benz of Collierville -

Edgar L. Henry II has been named sales manager for Mercedes-Benz of Collierville, scheduled to open next spring. In his new role, Henry will manage the sales of all new and pre-owned cars sold at the dealership.

57. US Trade Deficit Widens to $39.1 Billion in July -

WASHINGTON (AP) – The U.S. trade deficit widened in July from a four-year low in June. American consumers bought more foreign cars and other imported goods, while U.S. companies exported fewer long-lasting manufactured goods.

58. US Economy Grew at 2.5 Percent Rate in Spring -

The U.S. economy grew at a 2.5 percent annual rate from April through June, much faster than previously estimated. The steep revision was largely because U.S. companies exported more goods and imports declined.

59. US Economy Grew at 2.5 Percent Rate in Spring -

The U.S. economy grew at a 2.5 percent annual rate from April through June, much faster than previously estimated. The steep revision was largely because U.S. companies exported more goods and imports declined.

60. The New One Thing -

Now that earnings season has essentially ended, the stock market needs a new muse. The next earnings season begins in early October. In between, analysts will tweak models and revise forecasts, but real data releases overpower estimate releases. In mid-September, the Fed will either reduce bond purchases or buy more time. President Obama will choose between the over-politicized Larry Summers, the over-dovish Janet Yellen or the over-qualified Don Kohn to succeed Ben Bernanke as the next Fed head. We will also soon revisit Washington’s favorite debate over the debt ceiling.

61. Trade Commission Bans Imports of Some Samsung Products -

NEW YORK (AP) – Apple won a partial victory in its long-running patent dispute with Samsung on Friday when a federal administrative panel found Samsung in violation of two Apple patents and blocked imports of some Samsung devices.

62. Smaller US Trade Gap Could Lift Second-Quarter Growth -

WASHINGTON (AP) – A sharp decline in the trade deficit with other nations suggests the U.S. economy grew this spring at a faster pace than previously estimated, helped by a record level of exports.

63. US Economy Grew at Sluggish 1.7 Percent Pace in Second Quarter -

WASHINGTON (AP) – The U.S. economy grew from April through June at an annual rate of 1.7 percent – a sluggish pace but stronger than in the previous quarter. Businesses spent more, and the federal government cut less, offsetting weaker spending by consumers.

64. Canada Threatens Tariffs Against US Products -

TORONTO (AP) – Canada warned Friday that it may impose tariffs on everything from orange juice to bread if the United States doesn't change a meat-labeling policy that Canadian beef and pork industries say is costing them more than CA$1 billion (US$979 million) a year.

65. US Trade Deficit Up 8.5 Percent to $40.3 Billion -

WASHINGTON (AP) – The U.S. trade deficit widened in April, as demand for foreign cars, cell phones and other imported goods outpaced growth in U.S. exports.

The Commerce Department said Tuesday that the trade gap rose 8.5 percent in April from March to $40.3 billion.

66. US Trade Deficit Falls to $38.8 Billion in March -

WASHINGTON (AP) – The U.S. trade deficit narrowed in March for a second month as the daily flow of imported crude oil dropped to the lowest level in 17 years. The deficit with China hit a three-year low.

67. US Trade Deficit Narrows to $43 Billion in February -

WASHINGTON (AP) – The U.S. trade deficit unexpectedly narrowed in February as exports climbed close to an all-time high and the volume of imported crude oil fell to the lowest level in 17 years.

68. Breweries Launch 'High Tax Ale' to Urge Change -

NASHVILLE (AP) – A special joint offering from Tennessee craft brewers Yazoo and Calfkiller features an unusual sales pitch to beer aficionados: "Now With Even More Taxes!"

The new product going on sale this week is the latest effort among brewers to draw attention to Tennessee's highest-in-the-nation tax scheme for beer, which high-end brewers argue disproportionately affects their ability to compete.

69. Corona-Bud Revise Deal to Appease Regulators -

NEW YORK (AP) – Anheuser-Busch InBev changed the terms of its proposed $20.1 billion acquisition of Mexican brewer Grupo Modelo Thursday in an attempt to push through a deal that federal regulators say will kill competition.

70. US Fourth-Quarter Growth Stronger on Export Gains -

The U.S. trade deficit narrowed sharply in December because exports rose while oil imports plummeted. The smaller trade gap means the economy almost surely grew in the October-December quarter – an improvement from the government’s estimate last week that it shrank in the final months of 2012.

71. Expert: Memphis Has Big Story to Tell -

Memphis area commercial real estate brokers were not only brought up to speed on the latest numbers and trends Thursday, Feb. 7, at the Memphis Area Association of Realtors Commercial Property Forecast Summit – they were also briefed on how to tweak their marketing strategy to recruit business by a former executive with the Federal Reserve.

72. Work Under Way at Cordova Safety Products -

FTN Financial Capital Markets, a divisioRenovation plans are moving forward for Memphis-based Cordova Safety Products’ new digs at 4025 Viscount Ave.

73. Work Under Way at Cordova Safety Products -

Renovation plans are moving forward for Memphis-based Cordova Safety Products’ new digs at 4025 Viscount Ave.

74. US Challenges Deal to Merge Budweiser and Corona -

WASHINGTON (AP) – The Justice Department filed a lawsuit Thursday to stop Anheuser-Busch InBev's proposed $20.1 billion purchase of Mexican brewer Grupo Modelo, which would unite the ownership of popular beers like Budweiser and Corona.

75. US Trade Gap Grows to $48.7 Billion as Imports Surge -

WASHINGTON (AP) – The U.S. trade deficit expanded in November to its widest point in seven months, driven by a surge in imports that outpaced only modest growth in exports.

The Commerce Department report Friday suggests trade will drag on economic growth in the October-December quarter. A wider trade gap slows growth because it means Americans spent more on foreign products while U.S. businesses earned less in overseas sales.

76. Survey Shows China's Manufacturing Improving -

BEIJING (AP) – China's manufacturing activity rose to a 14-month high in December, adding to signs the world's second-largest economy is recovering, but export orders weakened, a survey showed Friday.

77. Exxon: US Energy Revival has Staying Power -

NEW YORK (AP) – Exxon says the energy renaissance in the U.S. will continue and predicts that North America will become a net exporter of oil and natural gas by the middle of the next decade.

78. Oil Ends Lower on Economy Concerns -

NEW YORK (AP) — Benchmark U.S. crude gave up some early gains Monday on a surprise expansion of German exports and signs of increased oil consumption in China to finish lower. Concerns about the so-called fiscal cliff in the U.S. continued to dog traders and investors.

79. Blu Logistics Rebrands, Grows Memphis Presence -

Blu Logistics has made its move into Memphis and hopes to fill a niche in the local logistics market.

The company opened a Downtown office in early September and adopted a new brand image in mid-November.

80. Oil Inches Up to $86 as Storm Pounds US Coast -

The price of oil recovered slightly Tuesday, rising to above $86 a barrel, even as a massive storm was pounding the heavily populated U.S. East Coast, reducing demand for fuel by keeping drivers off roads, closing businesses and silencing activity in New York City and other metropolitan areas.

81. Oil Rises as Massive Storm Aims for East Coast -

The price of oil rose slightly Friday as data showed the U.S. economy is muddling along and the East Coast prepares for a potentially damaging storm.

Benchmark oil rose 23 cents to end at $86.28 per barrel Friday.

82. US may Soon Become World's Top Oil Producer -

NEW YORK (AP) — U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world's biggest producer.

Driven by high prices and new drilling methods, U.S. production of crude and other liquid hydrocarbons is on track to rise 7 percent this year to an average of 10.9 million barrels per day. This will be the fourth straight year of crude increases and the biggest single-year gain since 1951.

83. Nucor’s Third-Quarter Profit Falls 39 Percent -

CHARLOTTE, N.C. (AP) – Nucor Corp.'s third-quarter net income plunged 39 percent on lower sales and prices as demand for steel fell in the sluggish global economy.

84. US Trade Deficit Rose to $44.2 Billion in August -

WASHINGTON (AP) – The U.S. trade deficit widened in August from July because exports fell to the lowest level in six months. The wider deficit likely dragged on already-weak economic growth.

85. Nucor Corp. Lowers Earnings Estimate -

Nucor Corp., which has a steel plant in Memphis, announced Tuesday, Sept. 18, it is lowering its third quarter earnings to 35 cents per diluted share from earnings a year ago of 57 cents per diluted share.

86. Nucor Lowers Earnings Guidance -

Nucor Corporation, which has a steel plant in Memphis, announced Tuesday, Sept. 18, that it is lowering its third quarter earnings to 35 cents per diluted share from earnings a year ago of 57 cents per diluted share.

87. Oil Prices Fall on Sour Economic News From China -

NEW YORK (AP) – The price of oil fell slightly Monday after an unexpectedly weak economic report from China and warnings of a further slowdown.

But the hope of stimulus action by the Federal Reserve on Thursday served as a safety net, preventing the price from falling further.

88. Growth Streak -

Andrew Holliday and Daniel Brown, the founding partners of Memphis-based branding and marketing firm Harvest Creative, used to joke about one day making the Inc. 500|5000, the list published each year by Inc. Magazine that honors the fastest-growing private companies in the U.S.

89. Mallory’s Career Prepares Him for Logistics Council -

When W. Neely Mallory III learned in late July that he had been appointed chairman of the Greater Memphis Chamber’s Regional Logistics Council, he was honored to assume that leadership role, he said.

90. Study: Chinese Imports Cost 96,300 Jobs in Mid-South Since 2001 -

A new report from a liberal think tank says Chinese imports caused the loss of 2.7 million jobs in the United States, including 96,300 in the Mid-South, since the industrializing nation joined the World Trade Organization in 2001.

91. US Trade Deficit Falls to Lowest in 18 Months -

WASHINGTON (AP) – The U.S. trade deficit fell to its lowest level in 18 months in June, pushed down by a steep drop in oil imports and a rise in exports.

The trade gap narrowed to $42.9 billion in June, down from $48 billion in May, the Commerce Department said Thursday.

92. US Economic Outlook Brightens on Jobs, Trade Data -

WASHINGTON (AP) – The outlook for the U.S. economy brightened a little Thursday after new data pointed to improvement in hiring and greater exports.

The number of Americans applying for unemployment benefits last week fell by 6,000 to a seasonally adjusted 361,000, the Labor Department said. Economists noted that the level suggests the modest job creation in July could carry over into August.

93. Gibson Guitar Deal a Contrast With Earlier Stance -

The deal Gibson Guitar Corp. and federal prosecutors said they reached this week to drop a criminal case against the Tennessee-based guitar maker represents a sharp reversal from the combative stance Gibson took publicly last year.

94. Gibson Guitar Acknowledges Exotic Wood Violation -

Federal prosecutors say a deal has been reached to drop the criminal case against Gibson Guitar Corp. after the instrument maker acknowledged its exotic wood imports violated environmental laws.

95. House Committee Approves Normal Trade With Russia -

WASHINGTON (AP) – A House committee on Thursday approved legislation to end Cold War restrictions and normalize trade with Russia as U.S. business groups pressed for quick congressional action.

96. Nucor Shares Hammered After Q2 Earnings Drop -

CHARLOTTE, N.C. (AP) — Nucor Corp. said Thursday that its net income slid 63 percent in the second quarter, dragged down by a joint-venture charge and expense connected to an acquisition.

97. US Trade Deficit Falls in May -

WASHINGTON (AP) – The U.S. trade deficit narrowed in May from April, helped by cheaper oil that lowered imports and an increase in American exports to Europe and China.

But economists cautioned that the global economy has weakened since then. And they noted that the decline in the deficit wasn’t enough to alter their growth forecasts for the April-June quarter.

98. Oil Price Climbs as Norwegian Strike Looms -

The price of oil climbed nearly 2 percent Monday, July 9, as Norway prepares for a shutdown of its North Sea crude production.

Norway’s oil industry, which produces more than 3.8 million barrels of oil and natural gas per day, says platforms were set to switch off after 5 p.m. CDT Monday due to a strike by offshore oil workers over retirement benefits. The government still may intervene to keep oil and gas flowing.

99. Oil Falls on Concerns About Europe -

The price of oil declined Monday as Spain’s banking crisis added to concerns about the troubled European economy.

Tropical Storm Debby also appeared to be shifting away from the heart of America’s oil production in the Gulf of Mexico, reducing the chances for a sustained disruption in U.S. supplies.

100. Nucor Says Steel Imports Cause of Lower Profits -

Nucor Corp. executives lowered the steel company’s expected second-quarter profit results Wednesday, June 13, citing the impact of steel imports on the domestic market.