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Editorial Results (free)

1. Fed Promises 'Patient' Approach to a Rate Increase -

WASHINGTON (AP) – The Federal Reserve is edging closer to raising interest rates from record lows given a strengthening U.S. job market and economy. But it says it will be "patient" in determining when to raise rates.

2. From Sweden to Memphis -

Swedish retail giant Ikea will open a 225-employee store in the Wolfchase Galleria area in 2016.

The furniture retailer will locate the 269,000-square-foot store on a 35-acre site in Memphis near Interstate 40 and Germantown Parkway.

3. Factory Output Eclipses Pre-Recession High -

U.S. manufacturing output in November surpassed its pre-recession peak, as auto production kicked into a higher gear.

The Federal Reserve said Monday that factory production rose 1.1 percent last month, up from a 0.4 percent improvement in October. Manufacturing output has risen 4.8 percent over the past 12 months. It's now above the previous high set just before the downturn began in December 2007.

4. Ikea to Open First Tennessee Store in Memphis -

Swedish furniture retailer Ikea will open its first Tennessee store in Memphis next year, according to several people familiar with the effort and confirmed by Ikea representatives Monday.

The company and Memphis Mayor A C Wharton Jr. will announce the store Tuesday, Dec. 16, according to several sources. A statement to the media Monday night read: "Ikea, the world's leading home furnishings retailer, will announce plans on Tuesday morning for a proposed Memphis store. The proposed Ikea Memphis would be the first Ikea store in either Tennessee, Arkansas or Mississippi and would increase the Swedish retailer's presence in the Southeastern U.S."

5. 26 Industrial Properties Facing Foreclosure -

The company that purchased Farnsworth Investment Co.’s industrial portfolio in 2005 has defaulted on a $69 million loan, and now 26 of its properties are facing foreclosure, according to a first-run foreclosure notice in the Friday, Dec. 12, edition of The Daily News.

6. New Industrial Market Takes Hold in Marshall, Fayette Counties -

In November, Volvo began operations at its new parts distribution center in Marshall County, Miss.

The 1 million-square-foot distribution center inside Panattoni Development Co.’s Gateway Global Logistics Center is the centerpiece of the company’s streamlined North American parts distribution network and helped solidify the Marshall County and Fayette County, Tenn., region as a major player in local industrial real estate.

7. Labor Board OKs Personal Use of Company Email -

WASHINGTON (AP) – In a victory for unions, the National Labor Relations Board ruled Thursday that employees can use their company email accounts for union organizing and other workplace-related purposes, if they do it on their own time.

8. 26 Industrial Properties Facing Foreclosure -

The company that purchased Farnsworth Investment Co.’s industrial portfolio in 2005 has defaulted on a $69 million loan, and now 26 of its properties are facing foreclosure, according to a first-run foreclosure notice in the Friday, Dec. 12, edition of The Daily News.

9. Shelby County Commercial Sales Dip in October -

Shelby County recorded 90 commercial sales in October, down 4 percent from 94 commercial sales recorded in October 2013, according to real estate information company Chandler Reports, www.chandlerreports.com.

10. Holiday Tech Gadget Wish List -

With the holiday season in full swing, you may find yourself scrounging for gift ideas for the technology aficionado on your shopping list. Wearable technology is an option worth exploring, and one that’s gaining popularity, particularly among fitness enthusiasts.

11. Sources: Target to Seek Incentives for Memphis Project -

Target will seek incentives from Memphis and Shelby County as early as next week for an industrial project that could create up to 600 jobs, according to multiple sources.

The Minneapolis-based retail giant has explored sites in DeSoto County and Memphis for a distribution center and is in the process of finalizing a lease for the 900,000-square-foot building at 5461 Davidson Road in Southeast Memphis. In addition to the 600 jobs, Target is expected to make significant capital improvements to the property, which was formerly occupied by Hamilton Beach.

12. Why Areas With Good Jobs Have Hard-to-Afford Homes -

WASHINGTON (AP) – It's the new career trade-off: Around the country, areas with the strongest job markets increasingly have some of the costliest homes. And areas with the most affordable homes lack a solid base of middle class jobs that attract workers.

13. 321,000 Jobs Added in November, Most in Nearly 3 Years -

WASHINGTON (AP) – A burst of U.S. hiring in November – the most in nearly three years – added 321,000 jobs and provided the latest evidence that the United States is outperforming other economies throughout the developed world.

14. Anixter Moving Memphis Distribution Operations -

A leading supplier of communications and security products, electrical and electronic wire and cable, fasteners and other small components is relocating to a new Memphis distribution center.

Anixter International Inc., which is based in the Chicago area, has leased 100,000 square feet at 4001 Hickory Hill Road inside Memphis Distribution Center. Anixter will be relocating from 4580 S. Mendenhall Road, where DDN is expanding.

15. More US CEOs Plan to Boost Hiring in Next 6 Months -

WASHINGTON (AP) – Chief executives at the largest U.S. companies expect sales to keep growing in the next six months and also plan to step up hiring.

The Business Roundtable said Tuesday that 40 percent of its member CEOs plan to hire more workers, up from 34 percent in the third quarter. Nearly three-quarters project their sales will rise, roughly the same as the previous quarter.

16. Bank Earnings Up 7.3 Percent in 3rd Quarter -

U.S. bank earnings rose 7.3 percent in the July-September quarter from a year earlier, as banks reduced their expenses and continued to lend out more money, which help drive up revenue.

The data issued Tuesday by the Federal Deposit Insurance Corp. showed that the banking industry continues to recover from the financial crisis that struck six years ago.

17. Southwest’s Next Goal: Industrial Training Center -

As Southwest Tennessee Community College leaders formally opened a new nursing school building Downtown last week, the institution was making progress toward its next major capital project.

It is a $3.5 million Industrial Readiness Training center to be built at the school’s Macon Cove campus.

18. Volvo Parts Center Begins Operations -

Limited operations began this month at the new Volvo parts distribution center in Marshall County, Miss.

The 1 million-square-foot distribution center supports the company’s Mack, Volvo and UD Trucks brands, as well as Volvo Construction Equipment and Volvo Penta.

19. This week in Memphis history: November 28-December 4 -

2006: Memphis Mayor Willie Herenton and former heavyweight boxing champion Joe Frazier boxed at the Peabody Hotel in an exhibition for the Shelby County Drug Court.

20. Southwest’s Next Goal: Industrial Training Center -

As Southwest Tennessee Community College leaders formally opened a new nursing school building Downtown last week, the institution was making progress toward its next major capital project.

It is a $3.5 million Industrial Readiness Training center to be built at the school’s Macon Cove campus.

21. Bank Earnings Up 7.3 Percent in Third Quarter -

NEW YORK (AP) – U.S. bank earnings rose 7.3 percent in the July-September quarter from a year earlier, as banks reduced their expenses and continued to lend out more money, which help drive up revenue.

22. More at Moore -

The large old trees on its campus and the large paned windows of its brick buildings indicate the William R. Moore College of Technology has been around for a while.

It was the idea of William R. Moore, a dry goods wholesaler, who left a $500,000 endowment to fund the institution following his death in 1909.

23. Volvo Parts Center Begins Operations -

Limited operations began this month at the new Volvo parts distribution center in Marshall County, Miss.

The 1 million-square-foot distribution center supports the company’s Mack, Volvo and UD Trucks brands, as well as Volvo Construction Equipment and Volvo Penta.

24. Rogero Talks ‘Smart Growth,’ Democratic Politics -

Knoxville Mayor Madeline Rogero became the first woman to hold that office when she won the election in 2011.

She’s been actively involved in a number of local issues since her election, from urban-core revitalization and business recruitment to broader social issues such as marriage equality.

25. US Factory Output Increases 0.2 Percent -

U.S. manufacturing output grew modestly in October, as autoworkers churned out fewer cars and trucks.

Output at manufacturing plants rose 0.2 percent in October, the Federal Reserve said Monday. Gains came from the rising demand for machinery, plastics, clothing and furniture. Factory output has risen 3.4 percent over the past 12 months.

26. Moore Tech Awakens -

The large old trees on its campus and the paned windows of its brick buildings indicate the William R. Moore College of Technology has been around for a while.

It was the idea of William R. Moore, a dry goods wholesaler, who left a $500,000 endowment to fund the institution following his death in 1909.

27. US Factory Output Increases 0.2 Percent -

U.S. manufacturing output grew modestly in October, as autoworkers churned out fewer cars and trucks.

Output at manufacturing plants rose 0.2 percent in October, the Federal Reserve said Monday. Gains came from the rising demand for machinery, plastics, clothing and furniture. Factory output has risen 3.4 percent over the past 12 months.

28. Auto Parts Manufacturer to Build Sevierville Plant -

SEVIERVILLE, Tenn. (AP) – An automobile parts manufacturer that already has a presence in Morristown is opening a new plant in Sevierville.

The Mountain Press reports Otics USA is investing $69.5 million in the facility and plans to create 117 new jobs there.

29. Makowsky Ringel Greenberg Still Going Strong -

In 2008, Memphis-based Makowsky Ringel Greenberg LLC acquired land inside the Schilling Farms community in Collierville for a new high-end apartment development.

30. Kellogg Facility Planned in Jackson -

Economic development officials in Jackson have approved tax incentives for a Kellogg's facility planned in the West Tennessee city.

The Jackson Sun reports that the company expects to employ 100 people when construction on the 1.2 million-square-foot facility is completed.

31. Target Eyeing Memphis Area for Distribution Center -

Target is eyeing the Memphis area for an industrial project that could create up to 600 jobs, according to multiple sources.

The Minneapolis-based retail giant is considering sites in DeSoto County and Memphis for a distribution center and could soon seek incentives from Memphis and Shelby County, the sources said.

32. Kellogg Facility Planned in Jackson -

Economic development officials in Jackson have approved tax incentives for a Kellogg's facility planned in the West Tennessee city.

The Jackson Sun reports that the company expects to employ 100 people when construction on the 1.2 million-square-foot facility is completed.

33. Hillwood to Launch Two Spec Buildings in DeSoto County -

A Texas-based development firm will start turning dirt soon on a massive new business park in DeSoto County.

Hillwood Investment Properties is expected to begin site work in around 30 days on Legacy Park, a 266-acre distribution and business park on the south side of Goodman Road, just east of Hacks Cross Road near Polk Lane.

34. Former FedEx Headquarters Up for Auction -

This week you can acquire a sizeable piece of Memphis business history at a deep discount.

The Commerce Center complex on Lamar Avenue – former home to Memphis-based corporate titans Holiday Inn and FedEx – is on the auction block.

35. Overton Square Highlights Commercial Real Estate Positives -

The old owners of Overton Square had a plan to remove existing local tenants and retailers and replace them with national retailers.

They succeeded in emptying Overton Square of tenants, but couldn’t attract new national retailers, leaving what was left to twist in the wind.

36. Station Inn: Music History Amid Gulch High-Rises -

J.T. Gray – who pioneered smokeless nightclubs before it became fashionable (and/or mandated) – is glad to see sparkling condo towers, office buildings, restaurants and the like sprouting around him. After all, these newcomers eventually might find themselves inside his time-out-of-mind blockhouse where Bill Monroe used to just drop by and pick.

37. Analysts: How GOP Congress Could Boost US Economy -

WASHINGTON (AP) – Voters made clear Tuesday that they're worried about the economy, despite steady job gains, a robust stock market and faster economic growth this year.

So what can – and should – the now-dominant Republicans in Congress and President Barack Obama do together to benefit more Americans?

38. Commercial Sales Rise in Third Quarter -

Commercial sales were up in the third quarter when compared to the same period last year, according to real estate information company Chandler Reports, www.chandlerreports.com.

39. Events -

Cannon Wright Blount will present “Getting Started With QuickBooks: Learn from the Experts” Thursday, Nov. 6, from 9:30 a.m. to 11:30 a.m. in its boardroom, 756 Ridge Lake Blvd., suite 100. Cost is $75. Register at cannonwrightblount.com/resources or call 685-7500.

40. MERI Trains First Responders for Ebola Readiness -

When in doubt, disinfect the gloves yet again.

During a training session conducted by a certified industrial hygienist, first responders learned step by step the procedures for putting on – and taking off – protective suits, gloves, boot coverings, face masks and splash shields in the event they have to come in contact with a person who may have Ebola.

41. 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.

42. Events -

The Booksellers at Laurelwood will host Ally Condie, author of “Atlantia,” for a discussion and book signing Wednesday, Nov. 5, at 6:30 p.m. at the bookstore, 387 Perkins Road Extended. Visit thebooksellersatlaurelwood.com.

43. Events -

Memphis Reads, the citywide community reading program, will host Dinaw Mengestu, author of Memphis Reads selection “The Beautiful Things That Heaven Bears” Tuesday, Nov. 4, for a reading at 5:30 p.m. at the Benjamin L. Hooks Central Library, 3030 Poplar Ave. Mengestu will also speak at 8 p.m. at the University Theater on the Christian Brothers University campus, 650 East Parkway S. Both events are free. Visit cbu.edu.

44. Midtown Success Highlights Commercial Real Estate Growth -

Loeb Properties Inc. plans to build on the momentum it has created at Overton Square while turning its attention to other parts of Midtown.

45. Events -

Memphis Reads, the citywide community reading program, will host Dinaw Mengestu, author of Memphis Reads selection “The Beautiful Things That Heaven Bears” Tuesday, Nov. 4, for a reading at 5:30 p.m. at the Benjamin L. Hooks Central Library, 3030 Poplar Ave. Mengestu will also speak at 8 p.m. at the University Theater on the Christian Brothers University campus, 650 East Parkway S. Both events are free. Visit cbu.edu.

46. RISE Foundation Adds New Board Members -

The RISE Foundation, a nonprofit that uses financial literacy to help improve the lives of low-income Memphis residents, has added five new members to its board of directors.

The new members are Crystal Oliver, managing director in human resources at FedEx; Jerry Corless, managing partner at MidSouth Financial Group/MassMutual; Brian Woods, finance director at Nike; Paul Blanchard, vice president, supply chain, industrial packaging at International Paper; and Teresa Morris, Memphis district manager at Wells Fargo Bank.

47. Events -

Memphis Reads, the citywide community reading program, will host Dinaw Mengestu, author of Memphis Reads selection “The Beautiful Things That Heaven Bears” Tuesday, Nov. 4, for a reading at 5:30 p.m. at the Benjamin L. Hooks Central Library, 3030 Poplar Ave. Mengestu will also speak at 8 p.m. at the University Theater on the Christian Brothers University campus, 650 East Parkway S. Both events are free. Visit cbu.edu.

48. Turner Looks to Increase Professional Advancement in Commercial Real Estate -

Bob Turner has a diverse background in real estate, including long stints in both residential and commercial development.

49. Battle Rages On Between Regional Foes -

In October, Old Dominion Freight Line Inc. opened the door, or 267 doors to be more precise, on its new $30 million service center in Memphis.

50. Real Estate Rally -

Commercial real estate can offer insight into the strength of the local economy. Through the office, retail, industrial and apartment developments that mark the region the economy at work in the real world can be seen.

51. Mixed-Use Project Looms for Former Lakeland Mall -

Get used to the name Lake District. You’ll probably be hearing more about it in the near future. Lake District is the new name for the revamped project being planned at the old Lakeland Factory Outlet Mall site.

52. RISE Foundation Adds New Board Members -

The RISE Foundation, a nonprofit that uses financial literacy to help improve the lives of low-income Memphis residents, has added five new members to its board of directors.

The new members are Crystal Oliver, managing director in human resources at FedEx; Jerry Corless, managing partner at MidSouth Financial Group/MassMutual; Brian Woods, finance director at Nike; Paul Blanchard, vice president, supply chain, industrial packaging at International Paper; and Teresa Morris, Memphis district manager at Wells Fargo Bank.

53. CWCapital Sheds Willow Lake Buildings -

3900, 4100 Willow Lake Blvd.
Memphis, TN 38118
Sale Amount: $1.9 million

54. Succession Plan Charts Future For Linkous Construction -

As children, Jamie and Rusty Linkous used to hop in the family vehicle with their parents, R.E. and Clare Linkous, and visit work sites, watching firsthand the hard work their parents put into altering the built landscape of the city.

55. Union Pacific Profit Chugs Ahead 19 Percent -

OMAHA, Neb. (AP) — Union Pacific Corp. delivered a 19 percent increase in its third-quarter profit as the railroad hauled 7 percent more freight and increased rates.

56. US Stocks Jump Following Strong Corporate Earnings -

NEW YORK (AP) — A combination of strong company earnings and encouraging economic reports, both in the U.S. and Europe, gave the stock market another day of solid gains on Thursday.

Caterpillar jumped after its third-quarter earnings report was better than Wall Street analysts had been expecting. The company also raised its profit outlook for the year. 3M, the maker of Post-it notes, industrial coatings and ceramics, was among other companies that gained after releasing impressive third-quarter results.

57. Hilton Data Center, Land Sold For $3.7 million -

The Hilton Data Center building in Memphis and 4.3 acres of vacant land have been sold for $3.7 million.

HLT Memphis Data LLC, which is affiliated with Hilton Hotels Corp., sold the 35,000-square-foot mixed-use office building and vacant land to F9 Memphis LLC, according to an Oct. 22 warranty deed. The buyer, F9 Memphis LLC, is affiliated with Charlotte, N.C.-based Niagra Ventures, according to public records. Niagra Ventures’ website said the company broadened its portfolio of industrial and manufacturing products into the data center asset sector in 2008.

58. Willow Lake Sales Positive News For The Market -

The sale this week of five properties inside Willow Lake Business Park and Corporate Park for $4.2 million was welcome news for several reasons.

For one, true owners tend to take much better care of properties and market them more aggressively than special servicers like Bethesda, Md.-based CWCapital Asset Management.

59. Slide in Energy Sector Drags US Stock Market Lower -

NEW YORK (AP) — Stocks are ending lower, breaking a four-day winning streak, as a drop in the price of oil dragged energy companies lower.

The energy sector in the Standard & Poor's 500 index sank 1.7 percent, more than twice as much as the rest of the market. Small-company stocks and transportation shares also fell sharply as traders unloaded riskier assets.

60. Willow Lake Building Sold for $1.9 million -

Another building inside Willow Lake Business Park and Corporate Park in Hickory Hill has been sold for $1.9 million.

Willow Lake Business Park LLC acquired 3592 Willow Lake Blvd. from 198-6 Memphis Industrial Portfolio Holdings LLC, which is affiliated with Bethesda, Md.-based special servicer CWCapital Asset Management, according to an Oct. 13 warranty deed.

61. China Economy Grows at Slowest Pace in 5 Years -

BEIJING (AP) — China's economic growth waned to a five-year low of 7.3 percent last quarter, raising concerns of a spillover effect on the global economy but falling roughly in line with Chinese leaders' plans for a controlled slowdown.

62. Presenting Mid-October Economic Snapshot -

The heightened volatility month of October continued last week. On Wednesday alone, the Dow Jones Industrial Average moved nearly 460 points from its high point in the day to its low point (before closing in between). Granted, a 400-point move from a 16,000 altitude translates into much milder percentage moves when compared to a similar move off of a lower base, but with the number on CNBC constantly, it gives investors pause.

63. Two Willow Lake Buildings Sold for $1.9 Million -

Two buildings inside Willow Lake Business Park and Corporate Park in Hickory Hill have been sold for $1.9 million.

Eagle Capital LLC acquired 3900 Willow Lake Blvd. and 4100 Willow Lake Blvd. from 198-6 Memphis Industrial Portfolio Holdings LLC, which is affiliated with Bethesda, Md.-based special servicer CWCapital Asset Management LLC, according to an Oct. 13 warranty deed.

64. Experts to Provide Commercial Real Estate Outlook at Seminar -

Yes, Overton Square is booming, but that may not have been the case without Memphis-based Loeb Properties Inc.

65. 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.

66. Commission Moves Past First Partisan Divide -

As quickly as it surfaced, the Shelby County Commission’s first partisan divide of their term of office appeared to subside Monday, Oct. 13.

With little discussion, commissioners approved chairman Justin Ford’s slate of committee assignments for the next year.

67. Commission Approves Committee Slate -

With very little discussion, Shelby County Commissioners approved Monday, Oct. 13, chairman Justin Ford’s slate of committee assignments for the next year.

68. Acura of Memphis Owner Buys Dealership, Land -

2611 Ridgeway Road, 6055-6085 Acura Cove
Memphis, TN 38119
Sale Amount: $12.4 million

69. Three Companies Seek PILOTs for Projects -

Three companies – including a wing of Memphis-based FedEx – are considering investing more than $25 million in Memphis for new distribution operations that would create 272 new jobs.

“It's always good to see FedEx expanding and the other two projects appear to be new to Memphis,” said Kemp Conrad, principal of Cushman & Wakefield/Commercial Advisors. “This balanced growth is encouraging and we expect more good news later in the fourth quarter."

70. Commission’s First Partisan Challenge Lingers -

Shelby County Commissioners appeared last week to be on the way to putting behind them their first political controversy of their term of office.

Six of the seven Democratic commissioners along with Republican commissioner Steve Basar voted last month to delay the slate of committee assignments made by new chairman Justin Ford.

71. Hickory Hill Warehouse Sells for $1.6 Million -

ARCP Acquisitions LLC has paid $1.6 million for the 14,650-square-foot warehouse at 4517 S. Mendenhall Road in Hickory Hill, marking the second time the property has sold in three months.

72. Fed Officials Link Rate Increase to Economic Data -

WASHINGTON (AP) – Federal Reserve officials agreed last month that they would begin raising interest rates only when measures of the economy's health and inflation signaled the time was right.

73. Hickory Hill Warehouse Sells for $1.6 Million -

ARCP Acquisitions LLC has paid $1.6 million for the 14,650-square-foot warehouse at 4517 S. Mendenhall Road in Hickory Hill, marking the second time the property has sold in three months.

74. All Shook Up -

FedEx founder, chairman and chief executive officer Frederick W. Smith penned a memo in 1987 outlining his desire for the Memphis-based shipping giant to develop ways to assist customers in shipping their packages, including making sure packages arrived undamaged.

75. United States Cold Storage Expands in Covington -

A refrigerated warehouse logistics provider is expanding in Covington with a $48 million investment that will create 63 new jobs in Tipton County.

United States Cold Storage will add a new distribution and warehouse facility adjacent to the Unilever ice cream facility in Covington, one of the largest ice cream plants in the world.

76. City Council Weighs Fluid Benefits Decisions -

Memphis City Council members have third and final votes scheduled Tuesday, Oct. 7, on a set of changes to the city’s pension benefits that are the second of two major sets of reforms in benefits for city employees and retirees.

77. Olive Branch Business Park Closer to Development -

A Texas-based development firm could start turning dirt soon on a massive new business park in Olive Branch.

Hillwood Investment Properties is expected to close on a land purchase next week that will clear the way for Legacy Park, a 265-acre distribution and business park on the south side of Goodman Road, just east of Hacks Cross Road near Polk Lane.

78. Stuttering Foundation's Fraser Honored for Service -

Jane Fraser, president of the Memphis-based Stuttering Foundation of America, has received an honorary fellowship from the London-based Royal College of Speech & Language Therapists. She was selected for her distinguished service in promoting the profession of speech and language therapy. Fraser, whose father started the nonprofit Stuttering Foundation in 1947, has served as its president since 1981.

79. Williams-Sonoma Growth Highlights DeSoto Push -

In 1999, Williams-Sonoma Inc. opened its first DeSoto County distribution center on Polk Lane in Olive Branch.

80. Real Estate Experts Look at Impact of North Mississippi -

Six years after the real estate bubble burst nationally, the recovery of the commercial and residential sectors in Memphis is slower than in other parts of the country. But they are recovering on their own new terms, say the incoming president of the Memphis Area Association of Realtors, the president of the West Tennessee Home Builders Association and a mortgage lender.

81. NashvilleNext Planners Move to Next Step -

As the city shifts into fall, planners are gearing up for the final phase of NashvilleNext, a three-year long planning process that will have a major impact on growth and development patterns in Davidson County over the next 25 years.

82. Roxul Opening 17 Years in Making -

U.S Sen. Roger Wicker of Mississippi searched the 1997 Congressional Record this week before he arrived in Marshall County for the formal opening of the Roxul Inc. plant.

83. Cummins Eyes Memphis Site for Expansion -

Cummins Inc. is eyeing a Memphis property for a planned expansion of the company’s distribution operations, a move that would be welcome news for Memphis officials.

84. Struggling BlackBerry Releases New Phone -

TORONTO (AP) – BlackBerry launched a new smartphone Wednesday as the embattled Canadian company hopes for a comeback.

Chief executive John Chen unveiled a large-screen, square sized phone called the Passport to a Toronto audience. London and Dubai also hosted launch events. No event was held in the U. S. where analysts say there is little demand or carrier interest.

85. Roxul Plant Makes Debut in Marshall County -

Almost a year and a half after breaking ground in Marshall County just south of the state line with Collierville and Fayette County, executives of the Danish company Roxul Inc. will formally open Wednesday, Sept. 24, their $160 million plant and packaging site in the Chickasaw Trail Industrial Park.

86. Tennessee Justices Name Slatery Attorney General -

The state Supreme Court on Monday named Republican Gov. Bill Haslam's top legal adviser, Herbert Slatery, as Tennessee's next attorney general.

The announcement comes in the aftermath of a failed conservative campaign to oust three Democratic justices who make up a majority on the five-member court. That effort focused heavily on incumbent Attorney General Bob Cooper's refusal to take part in a multistate lawsuit challenging President Barack Obama's health care law.

87. Anderson County Gets in on Increased Auto Activity -

Chattanooga and Middle Tennessee may grab more headlines when automotive plants expand operations, but Clinton is no stranger to good news in that regard.

SL Tennessee recently announced that it would build a 250,000-square-foot building in Anderson County’s Clinton/I-75 Industrial Park – its third location.

88. Fed Keeps Rates Low, But Brace for the Inevitable -

WASHINGTON (AP) – Record-low interest rates will be around for at least a few more months, the Federal Reserve made clear Wednesday.

Enjoy the easy money while it lasts.

By mid-2015, economists expect the Fed to abandon a nearly 6-year-old policy of keeping short-term rates at record lows. Those rates have helped support the economy, cheered the stock market and shrunk mortgage rates. A Fed rate increase could potentially reverse those trends.

89. US Factory Output Drops 0.4 Percent in August -

U.S. manufacturing output declined in August for the first time in seven months, reflecting a sharp fall in production at auto plants that was due mainly to seasonal adjustment problems.

Output at manufacturing plants fell 0.4 percent in August after a 0.7 percent rise in July, the Federal Reserve reported Monday. Total industrial production was down 0.1 percent in August, also the first setback for the overall figure since January. Output was up in mining and utility production but these gains were not enough to offset the decline in manufacturing.

90. Tennessee Justices Name Slatery as Attorney General -

NASHVILLE, Tenn. (AP) – The state Supreme Court on Monday named Republican Gov. Bill Haslam's top legal adviser, Herbert Slatery, as Tennessee's next attorney general.

The announcement comes in the aftermath of a failed conservative campaign to oust three Democratic justices who make up a majority on the five-member court. That effort focused heavily on incumbent Attorney General Bob Cooper's refusal to take part in a multistate lawsuit challenging President Barack Obama's health care law.

91. Plans for Site of Closing International Paper Mill are Uncertain -

COURTLAND, Ala. (AP) – A year after International Paper announced that it would close a north Alabama mill because of declining demand, there's much uncertainty about the site's future.

92. Electrolux to Buy GE Appliances -

Sweden’s Electrolux is buying the appliances business of General Electric for $3.3 billion, boosting its presence on the North American market, the companies said Monday.

The acquisition is the largest ever for Stockholm-based Electrolux, ranked as the world’s second-biggest home appliance maker after U.S. rival Whirlpool.

93. Power Play -

When the Tennessee Valley Authority board voted in August to build a new power plant in Southwest Memphis, it was a decision based on factors larger than the power needs in Memphis.

But it was also a decision that is just as important for Memphis as the decision to build the existing Allen Fossil Plant there 55 years ago.

94. Pain Treatment Center to Open Second Locale -

Comprehensive Pain Specialists, a national player in the field of medical pain treatment centers from Nashville, has signed a lease for 4,713 square feet in Healthcare Realty Trust’s building at 8000 Wolf River Blvd.

95. Electrolux to Buy GE Appliances in $3.3 Billion Deal -

STOCKHOLM (AP) – Sweden's Electrolux is buying the appliances business of General Electric for $3.3 billion, boosting its presence on the North American market, the companies said Monday.

96. Regenerate Corporate Cultures -

What’s good for the bee is good for the hive. Marcus Aurelius noted that "If a thing is not good for the hive, it is not good for the bee.” This statement has profound implications for corporate cultures. In a workplace setting, anything that keeps a culture from dynamically regenerating itself is harmful to its people.

97. Crenshaw’s Lawn Care Business Celebrates 30 Years -

Thirty years is a milestone worth celebrating for almost any venture, and for a small business especially, it’s a hard-won anniversary that comes thanks to a combination of luck and hard work. And there’s also the realization that such a milestone is the exception, a contrast to the large number of entrepreneurs out there who tried but came up short.

98. Automotive Parts Maker Expanding Smyrna Facility -

SMYRNA, Tenn. (AP) – An automotive parts manufacturer is expanding its distribution facility in Smyrna and is expected to create more than 130 additional jobs in Rutherford County.

Gov. Bill Haslam and Community Development Commissioner Bill Hagerty say Federal-Mogul is investing more than $6 million to expand.

99. People Power -

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

100. Hot Yoga Plus Expands in Memphis -

Hot Yoga Plus, a Nashville-based yoga concept, is opening a second Memphis area location.

Hot Yoga Plus, founded by Memphian Susannah Herring, has signed a 2,015-square-foot lease at 9037 Poplar Ave. in Germantown. The new store is expected to open this fall and follows the original Memphis location in Laurelwood.