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Editorial Results (free)

1. AutoZone Shares Draw Interest From New Research Firms -

The stock of Memphis-based AutoZone Inc. has picked up new coverage from a handful of investment firms in recent weeks that have assigned a range of ratings to the stock.

2. 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.

3. US Consumer Prices Unchanged in October -

U.S. consumer prices were unchanged in October as a fourth straight decline in gasoline costs helped to keep inflation at bay.

The steady reading for inflation last month followed a tiny 0.1 percent increase in September and a 0.2 percent drop in August, the Labor Department said Thursday. Energy prices fell 1.9 percent last month while food costs edged up a slim 0.1 percent.

4. Paragon Bank Launches Wealth Solutions Division -

Paragon Bank has formed a wealth solutions division, a group of six led by president and managing director Dan Overbey, in a move beyond its traditional banking services to offer a new suite of products to customers.

5. Collierville Daycares Sell for $4.4 Million -

Two Collierville daycare centers have sold for a combined $4.4 million.

SDK Properties LLC sold the center at 105 Crescent Drive to Store Master Funding VII LLC for $2.5 million and the center at 1649 S. Shea Road to the same entity for $1.8 million, according to warranty deeds filed Nov. 14. The buyer, Store Master Funding VII LLC, is an affiliate of Scottsdale, Ariz.-based real estate investment trust STORE Capital. The centers operate as Kid Tech #1 and Kid Tech #2.

6. Archer-Malmo Named To ‘Best Places to Work’ List -

Trade publication “Ad Age” has named Memphis-based archer-malmo to its “Best Places to Work” list.

This is the second time the agency has made the list, following its first appearance on the list in 2011.

7. US Consumer Prices Unchanged in October -

U.S. consumer prices were unchanged in October as a fourth straight decline in gasoline costs helped to keep inflation at bay.

The steady reading for inflation last month followed a tiny 0.1 percent increase in September and a 0.2 percent drop in August, the Labor Department said Thursday. Energy prices fell 1.9 percent last month while food costs edged up a slim 0.1 percent.

8. Collierville Daycares Sell for $4.4 Million -

Two Collierville daycare centers have sold for a combined $4.4 million.

SDK Properties LLC sold the center at 105 Crescent Drive to Store Master Funding VII LLC for $2.5 million and the center at 1649 S. Shea Road to the same entity for $1.8 million, according to warranty deeds filed Nov. 14. The buyer, Store Master Funding VII LLC, is an affiliate of Scottsdale, Ariz.-based real estate investment trust STORE Capital. The centers operate as Kid Tech #1 and Kid Tech #2.

9. Boyle Sees Opportunity in East Memphis -

Memphis-based Boyle Investment Co. hopes to break ground next year on a new office building at its Ridgeway Center complex near Poplar Avenue and Shady Grove Road, according to company officials.

10. Paragon Bank Launches Wealth Solutions Division -

Paragon Bank has formed a wealth solutions division, a group of six led by president and managing director Dan Overbey, in a move beyond its traditional banking services to offer a new suite of products to customers.

11. Paragon Bank Launches Wealth Solutions Group -

Paragon Bank has formed a wealth solutions division, a group of six led by president and managing director Dan Overbey, in a move beyond its traditional banking services to offer a new suite of products to customers.

12. Archer-Malmo Named to ‘Best Places to Work’ List -

Trade publication “Ad Age” has named Memphis-based archer-malmo to its “Best Places to Work” list.

This is the second time the agency has made the list, following its first appearance on the list in 2011.

13. Elvis Presley Enterprises Seeks $70 Million Building Permit for Hotel -

3600 Elvis Presley Blvd.
Memphis, TN 38116
Permit Amount: $70 million

14. Microsoft Surpasses Exxon as 2nd Most Valuable Co. -

SAN FRANCISCO (AP) – The bull run in Microsoft's stock this past year has helped the tech giant surpass Exxon Mobil and seize the rank of the second most valuable company, behind Apple Inc.

15. Economic Commissioner Leaving for Private Sector -

Tennessee Economic and Community Development Commissioner Bill Hagerty is leaving the administration to return to the private sector, Gov. Bill Haslam announced Wednesday.

The Republican governor didn't say exactly what Hagerty will be doing, even though the commissioner's name has surfaced as a possible gubernatorial candidate in 2018.

16. Start Co. Teams Score $387,000 in Funding -

Four teams that recently graduated from Start Co. have secured funding, collectively totaling $387,000.

The teams are Cabsolutely, eDivv, Graph Story and Pickle.

17. Lending a Hand -

Mid-South Drug Testing president Kelly Dobbins is the kind of entrepreneur banks and lenders are increasingly making it a point to seek out.

18. Bowl-Eligible Tigers Look for More This Season -

It was just another score on the bottom-of-the-TV-screen scrawl: Memphis 16, Temple 13.

For most of the country, that’s all it was. If it came with any history, it was only the immediate history of Jake Elliott kicking the game-winning field goal. Or of the Tigers getting their sixth win, which knowledgeable college football fans understand is the magic number: six wins equals a bowl game.

19. Red Door Wealth Management Launches App -

Banks tend to be the ones most frequently jumping into the smartphone app game among financial services companies. But that doesn’t mean other such firms don’t see plenty to like about putting all those layers of functionality into their clients’ hands.

20. Wunderlich Adds to Equity Capital Markets -

The last few weeks have been a time of expansion and growth for Memphis-based investment firm Wunderlich Securities Inc.

21. 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.

22. Start Co. Teams Score $387,000 in Funding -

Four teams that recently graduated from Start Co. have secured funding, collectively totaling $387,000.

The teams are Cabsolutely, eDivv, Graph Story and Pickle.

23. Economic Commissioner Leaving for Private Sector -

NASHVILLE, Tenn. (AP) – Tennessee Economic and Community Development Commissioner Bill Hagerty is leaving the administration to return to the private sector, Gov. Bill Haslam announced Wednesday.

24. Obama Calls for Tougher Internet Regulation -

WASHINGTON (AP) – President Barack Obama on Monday embraced a radical change in how the government treats Internet service, coming down on the side of consumer activists who fear slower download speeds and higher costs but angering Republicans and the nation's cable giants who say the plan would kill jobs.

25. Highland Row Developer Applies for $6.7 Million Permit -

387 S. Highland St.
Memphis, TN 38111
Permit Amount: $6.7 million

Project Cost: $61 million
Application Date: November 2014
Engineer: Jordan & Skala Engineers
Details: Indianapolis-based developer Milhaus Ventures has applied for another building permit for the long-awaited Highland Row project near the University of Memphis.

26. 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.

27. Hook, Line & Sinker -

In May, when the first guests at Big Cypress Lodge inside The Pyramid open the French doors in their rooms, they’ll be able to walk onto a patio overlooking the sprawling interior of the Bass Pro Shops store and attraction, including a re-creation of Delta cypress swamp and 600,000 gallons of water features.

28. FedEx Founder: Expect More Automation -

FedEx founder, chairman and CEO Fred Smith is pretty confident that robotics, automation and perhaps drones will play an increasingly large role in the FedEx of the future.

29. Park Avenue Professional Building Sells for $1.3M -

An affiliate of Memphis-based Belz Enterprises has sold an East Memphis office building for $1.3 million.

Belz Investco GP sold the Park Avenue Professional Building at 930 S. White Station Road, at the northeast corner of White Station and Park Avenue, to Mem1 RE LLC, according to an Oct. 31 warranty deed. The buyer is affiliated with Dallas-based real estate investment company Pro Domo LLC.

30. Courtyard Memphis East Sells for $11.7 Million -

Another East Memphis hotel has been sold, this one fetching $11.7 million.

The sale was part of a larger $1.1 billion deal New York City-based NorthStar Realty Finance Corp. announced in September to acquire 52 hotels across the country.

31. CCRFC Considers Conservation Bonds for Crosstown -

The Sears Crosstown redevelopment project could get an infusion of funds for energy conservation efforts.

The Center City Revenue Finance Corp., the financial arm of the Downtown Memphis Commission, is considering issuing $14.5 million in Qualified Energy Conservation Bonds for the $180 million Crosstown project for energy conservation efforts.

32. Courtyard Memphis East Sells for $11.7 Million -

Another East Memphis hotel has been sold, this one fetching $11.7 million.

The sale was part of a larger $1.1 billion deal New York City-based NorthStar Realty Finance Corp. announced in September to acquire 52 hotels across the country.

33. Tech Support -

As FedEx evolved, it developed its own technologies for moving packages around the globe, such as handheld devices that scan packages. When those devices experienced problems, FedEx technicians repaired them.

34. Courtyard Memphis East Fetches $11.7 Million -

The Courtyard Memphis East/Park Avenue has sold for $11.7 million as part of New York-based NorthStar Realty Finance Corp.'s $1.1 billion acquisition of 52 hotels nationwide.

35. Park Avenue Professional Building Sells for $1.3 Million -

An affiliate of Memphis-based Belz Enterprises has sold an East Memphis office building for $1.3 million.

Belz Investco GP sold the Park Avenue Professional Building at 930 S. White Station Road, at the northeast corner of White Station and Park Avenue, to Mem1 RE LLC, according to an Oct. 31 warranty deed. The buyer is affiliated with Dallas-based real estate investment company Pro Domo LLC.

36. Local Golf Courses Change Hands, Undergo Improvements -

Mirimichi is a Native American word that means “place of happy retreat.”

Now that global entertainment icon Justin Timberlake and his family have sold their happy local retreat, Mirimichi Golf Course, to a local group for $500,000, the new owners have an opportunity to increase the number of holes and tournaments played at the course, which underwent a massive $16 million renovation.

37. Hagerty Works Toward Better Air Connection -

In its second term, Gov. Bill Haslam’s administration hopes to draw even more foreign-based business investment to Tennessee by building international air travel in a state that currently has no hub airports.

38. Investment Group Buying Varsity Brands -

A private equity firm is in the process of leading an acquisition of Memphis-based Varsity Brands.

The latter is comprised of a portfolio of three school achievement brands – Herff Jones, BSN Sports and Varsity Spirit. Varsity Brands’ current leadership, under the terms of the proposed acquisition agreement, will get to both keep their current positions and join the investment group led by Charlesbank Capital Partners that’s buying the firm.

39. Midterm Elections Carry High Stakes for US Economy -

WASHINGTON (AP) – The midterm slugfest for control of the U.S. Senate could have far-reaching effects on the economy.

Tuesday's elections come just as U.S. growth has been showing consistent improvement, thanks in part to a congressional truce on budget fights. Previous such fights shut down the government and raised the specter of a default on the federal debt. A repeat of either could damage the economic recovery.

40. Tennessee Ranked Top State for Foreign Investment -

Tennessee has been ranked the top state in the nation for foreign direct investment job commitments in 2013.

That's according to the recently released 2014 Global Location Trends report.

The annual report from the IBM Institute for Business Value measured the number of jobs created by foreign-owned companies in each state during the 2013 calendar year. Following Tennessee in the rankings were Texas, Georgia and Ohio.

41. Midtown Cash Saver Property Sells for $5.3 Million -

1620 Madison Ave.
Memphis TN 38104
Sale Amount: $5.3 million

Sale Date: Oct. 24, 2014
Buyer: LAG Memphis LLC
Seller: Super Market Developers Inc.
Loan Amount: $3.9 million
Loan Date: Oct. 24, 2014
Lender: Ladder Capital Finance LLC
Details: The Cash Saver property on Madison Avenue in Midtown has been sold for $5.3 million.

42. 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.

43. Austin Peay Gas Station Sells for $1.1 Million -

An Atlanta-based real estate investment firm has sold a local convenience store and gas station for $1.1 million.

Decatur Properties IV Inc. sold the gas station and store at 4861 Austin Peay Highway to Roopani Properties LLC, according to an Oct. 22 warranty deed. Roopani Properties secured a $1.2 million loan for the purchase through Fidelity Bank, according to a deed of trust filed the same day.

44. Why are Tennesseans So Afraid of an Income Tax? -

The odds of an income tax becoming a reality in Tennessee – one of the nation’s lowest-taxed states – are slim to none.

And, yet there is an amendment on the Nov. 4 ballot that would change Tennessee’s constitution by giving the Legislature authority to prohibit passage of an income tax or payroll tax in the state.

45. 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.

46. 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.

47. 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.

48. 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.

49. Rural Tennessee Museum a Success in First Year -

UNION CITY, Tenn. (AP) – When Discovery Park of America opened on a cornfield in rural Tennessee, its founders expected the museum described as a "mini-Smithsonian" to draw about 150,000 visitors in its first year.

50. Austin Peay Gas Station Sells for $1.1 Million -

An Atlanta-based real estate investment firm has sold a local convenience store and gas station for $1.1 million.

Decatur Properties IV Inc. sold the gas station and store at 4861 Austin Peay Highway to Roopani Properties LLC, according to an Oct. 22 warranty deed. Roopani Properties secured a $1.2 million loan for the purchase through Fidelity Bank, according to a deed of trust filed the same day.

51. Newby's Owner Raising Money to Keep Doors Open -

Newby’s owner Todd Adams has turned to crowdfunding to help him raise money that will be used to keep his bar and music venue on the Highland Strip open.

Adams has set up a GoFundMe account to raise $25,000 to help keep the doors open at Newby’s, which Paragon Bank foreclosed on this summer. The owner of Newby’s since 1997, Adams wants to get to the point where he can buy back the property, after which he then has a plan to reshape its layout and include a bevy of additions.

52. Fed Ends Bond Buying and Cites Brighter Job Market -

WASHINGTON (AP) – The Federal Reserve cited an improving economy Wednesday as it ended its landmark bond-buying program and pointed to gains in the job market – a key condition for an eventual interest rate hike.

53. How Well Did the Fed's Stimulus Work? -

NEW YORK (AP) – Soaring inflation. A collapsing dollar. Bubbles in financial markets that would soon pop. One presidential candidate even suggested that the Federal Reserve chairman should be roughed up.

54. No More ‘Hope and Prayer’ Marketing -

The average company spends 3 to 5 percent of revenue on marketing, which is certainly not a trivial expense. Why, then, do so many companies invest so little time in the construction of the marketing plan that ensures that investment is well spent?

55. Fed Will Likely Signal No Rate Hike Anytime Soon -

WASHINGTON (AP) – The global economy has slumped. Turmoil has gripped financial markets. And the U.S. job market, despite steady gains, still isn't fully healthy.

Yet when the Federal Reserve meets this week, few foresee any major policy changes. The Fed is expected to complete a bond-buying program, which was intended to keep long-term interest rates low. And, to support the economy, it will likely reiterate it's in no rush to raise its key short-term rate.

56. Out-of-Patience Investors Sell Off Amazon -

NEW YORK (AP) — Amazon has long acted like an ideal customer on its own website: a freewheeling big spender with no worries about balancing a checkbook. Investors confident in founder and CEO Jeff Bezos' invest-and-expand strategy flooded into the stock as the company revolutionized shopping, upended the book industry and took on the cloud — even though its vast range of initiatives ate up all the company's profits.

57. UPS Expects Double-Digit Surge in December Shipments -

UPS is expecting an 11 percent jump in December shipments as the holiday shopping season heats up.

The company recently said it is hiring up to 95,000 people to handle the tremendous volume this year, way up from the 55,000 seasonal workers it hired in 2013.

58. Halloween Festivities Part of Tigers Football -

The University of Memphis athletics department is hosting activities for trick-or-treaters of all ages prior to the Tigers’ Homecoming game vs. Tulsa Friday, Oct. 31.

Memphis is promoting trick-or-treating on Tiger Lane from 5 p.m. to 6:30 p.m., a concert with rocker Bret Michaels at 5 p.m., a costume contest with Pouncer at 6 p.m. and a pre-game pep rally at 6:15 p.m.

59. I Choose Memphis: Edward C-W Harper IV -

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

Name: Edward C-W Harper IV

60. 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.

61. 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.

62. Spirited Revival -

One of the oldest and most prominent names in Memphis business is in the midst of transforming a Downtown warehouse, reviving a premium liquor brand that disappeared with Prohibition and restoring its prominent role in the community.

63. 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.

64. 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.

65. Incentive Applications Lag Previous Years -

Until a spate of activity this month, Memphis and Shelby County were on pace to tie a record-low for the number of payment-in-lieu-of-taxes agreements granted to companies in a year.

Through September, the city-county Economic Development Growth Engine, the primary business incentive body in Memphis and Shelby County, had awarded just four PILOTs, tied with 2006 for the lowest amount of PILOTs issued in a year since 2002.

66. New Tech Group Formed to Expand Community -

This year’s TechCamp Memphis event, which happens Nov. 1, will represent more than just a one-day conference for design, development and marketing professionals in the Memphis area.

The event, now in its third year, also marks the first official event from the Memphis Technology Foundation, a new nonprofit put together by leaders in the city’s technology community to help that community grow. The group plans to do so by helping the city’s designers, developers, makers and technology aficionados find new ways to band together, learn from each other and network.

67. Wine Sales Debate Enters Stretch Run -

Josh Hammond, the president of Buster’s Liquor and Wines, sums up the position he has to overcome in a word – convenience.

That is how backers of the referendums on the Nov. 4 ballot to allow wine sales in food stores are selling the proposition to voters via television ads as early voters are making their choices on the questions in Memphis, Bartlett, Collierville, Arlington, Millington and Germantown.

68. Sprouts Farmers Market Applies for Building Permit -

3150 Village Shops Drive
Germantown, TN 38138

Project Cost: $1.5 million

Applied: Oct. 14, 2014

69. Yellen: Greatly Concerned By Widening Inequality -

WASHINGTON (AP) – Federal Reserve Chair Janet Yellen sounded an alarm Friday about widening economic inequality in the United States, suggesting that America's longstanding identity as a land of opportunity was at stake.

70. Waterford Place Apartments Sells for $28.3 Million -

The 320-unit Waterford Place Apartments in Southeast Shelby County has sold to an entity affiliated with Chicago-based Trilogy Real Estate Group for $28.3 million, or about $88,438 per unit.

TMF III Waterford Place Partnership purchased the complex in an Oct. 16 special warranty deed from WRF-Waterford Place LLC, an entity related to Boston-based real estate investment trust Winthrop Realty Trust. Winthrop bought the property in April 2012 for $21.5 million.

71. 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.

72. Recruiter’s Career Twist -

Ask Janet Miller about her remarkable career at the Nashville Area Chamber of Commerce and she’ll likely attribute it to good timing or pass credit onto others.

73. Collierville Storage Facility Sells for $3.9 Million -

A California-based owner and operator of self-storage facilities has purchased a Collierville storage facility for $3.9 million.

LifeStorage, through an entity operating as SSTN 651 S. Rowlett Street LLC, acquired the 62,170-square-foot facility at 651 S. Rowlett St. from LottaStorage LLC, according to an Oct. 6 special warranty deed. The Shelby County Assessor of Property’s 2014 appraisal is $2.2 million.

74. EDGE Approves Trio of PILOT Tax Breaks -

Three companies – including a wing of Memphis-based FedEx – received tax breaks for projects in Memphis that total more than $25 million in capital investment and will create 272 new jobs.

75. Long-Term Success -

Insurance products by definition tend to be long-term oriented, providing value over an extended period of time. No surprise, then, that Memphis insurance agency Lipscomb & Pitts, which opened its doors with one employee in 1954, all of a sudden finds itself celebrating 60 years in business.

76. EDGE Approves Trio Of PILOT Tax Breaks -

Three companies – including a wing of Memphis-based FedEx – received tax breaks for projects in Memphis that total more than $25 million in capital investment and will create 272 new jobs.

77. Exploring Possibilities -

Just a few weeks before construction is scheduled to begin on the Big River Crossing boardwalk on the Harahan Bridge, bicycle riders will gather in West Memphis for a 100-kilometer bike ride designed to showcase what’s on the other side of the bicycle and pedestrian boardwalk across the Mississippi River.

78. Choosing Your Own 401(k) Mix -

Ray’s take: Recently, we talked about Target Date Mutual Funds and how these preset funds could be an effective tool for your retirement. These funds have a particular mix that changes as you approach your projected retirement date. These can be good as long as you have researched the funds and determined if the “mix” meets your unique retirement goals.

79. Collierville Storage Facility Sells for $3.9 Million -

A California-based owner and operator of self-storage facilities has purchased a Collierville storage facility for $3.9 million.

LifeStorage, through an entity operating as SSTN 651 S. Rowlett Street LLC, acquired the 62,170-square-foot facility at 651 S. Rowlett St. from LottaStorage LLC, according to an Oct. 6 special warranty deed. The Shelby County Assessor of Property’s 2014 appraisal is $2.2 million.

80. The Psychology Behind Persuasive Headlines -

If you are writing lackluster headlines, you are wasting your time developing marketing content that will never be read.

Too often, the headline is a mere afterthought, which is a colossal misstep. Copyblogger reports that eight of 10 people seeing your headline will read it, but only two out of 10 will read the accompanying article – and that’s only if your headline is compelling.

81. 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."

82. Three Companies Seek PILOTs for Distribution Projects -

Three companies are exploring Memphis for new distribution operations that would create 272 new jobs.

The third-party logistics arm of FedEx is considering an expansion in Memphis.

FedEx Supply Chain Systems Inc. is seeking a payment-in-lieu-of-taxes freeze to grow its local operations by investing $6.8 million in a 454,713-square-foot warehouse at 5050 E. Holmes Road and creating 87 new jobs.

83. Three Companies Seek PILOTs to Create 272 Jobs -

Three companies are exploring Memphis for new distribution operations that would create 272 new jobs.

The third-party logistics arm of FedEx is considering an expansion in Memphis.

FedEx Supply Chain Systems Inc. is seeking a payment-in-lieu-of-taxes freeze to grow its local operations by investing $6.8 million in a 454,713-square-foot warehouse at 5050 E. Holmes Road and creating 87 new jobs.

84. Woods to Head Workforce Investment Network -

Shelby County Schools board member Kevin Woods is the new director of the Workforce Investment Network for the Memphis area.

85. Local Tech Startup Growth On Right Path -

More than 500 Memphis business leaders, investors, entrepreneurs and innovators gathered at the Orpheum Theatre in late August, but they weren’t there for the latest show from Broadway.

They convened to participate in Start Co. Demo Day, when 15 innovative startups from a variety of sectors unveiled their products.

86. Woods to Head Workforce Investment Network -

Shelby County Schools board member Kevin Woods is the new director of the Workforce Investment Network for the Memphis area.

87. Four Memphis Companies Join The TENN -

Launch Tennessee has picked this year’s crop of 10 companies that will participate in The TENN, its master accelerator program for graduates of Tennessee’s nine startup accelerators.

And, like last year, Memphis companies again represent almost half of the statewide batch of companies taking part in the program.

88. No Gang Zone Targets Legends Park Area -

In June a group of 100 gang members lined both sides of Mosby Avenue between Dunlap and Ayers Streets, shutting down the area, as they celebrated the birthday of a fellow gang member, according to the local Multi-Agency Gang Unit.

89. 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.

90. Wunderlich Acquires Assets of New York Firm -

Memphis-based investment firm Wunderlich Securities Inc. is acquiring the wealth management assets of Dominick & Dominick LLC, a privately held New York-based investment firm.

91. Accredo Health Adding 50 Jobs in Memphis -

Accredo Health Group Inc. will add dozens of jobs in Memphis by the end of 2014.

Accredo, a subsidiary of Express Scripts Holding Co. that has around 1,500 jobs locally, will add 50 new jobs at its Century Center campus in Memphis by the end of the year.

92. Room for Growth -

Sardor and Gulam Umarov are used to fighting battles with seemingly long odds.

Between 2005 and 2009, the brothers waged a high-profile human rights campaign against the authoritarian government in their native Uzbekistan for the release of their father, Sanjar Umarov, a Germantown businessman thrown into prison for opposing the regime.

93. US Factory Orders Posted Record Drop in August -

WASHINGTON (AP) – Orders to U.S. factories fell in August by the largest amount on record, but the drop was heavily weighed by an expected plunge in volatile aircraft orders.

A key category that tracks business investment plans posted a small increase, offering an encouraging sign that factory production will sustain momentum in the second half of this year.

94. Mississippi Tourism Officials Seek Bigger Promo Budget -

JACKSON, Miss. (AP) – Mississippi tourism officials are requesting more public money to promote the state in big media markets such as Atlanta and Chicago, hoping the investment will lure travelers to play golf, visit civil-rights landmarks or hear authentic blues music close to its roots.

95. Haslam Announces $28 Million in Community Grants -

Gov. Bill Haslam has announced more than $28 million in community development grants to help improve infrastructure, health and safety projects and downtown improvements.

Seventy cities and counties around the state received the block grants under Wednesday’s announcement.

96. 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.

97. Building a Reputation -

This week, Lafayette’s Music Room reopened in its old location at Overton Square, bringing live music back to the rejuvenated district.

The famed club, which hosted a wide range of local and nation acts in its original incarnation, was named after the late Lafayette Draper, a Memphis bartender who earned a reputation as one of the best in the business. Draper died in September at the age of 77.

98. Small Businesses Scramble to Keep Top Staffers -

NEW YORK (AP) – People are quitting their jobs at a faster clip and that's pushing small business owners to work harder to hold onto top talent.

Dance studio owner Andrea Bisconti has experienced the challenge firsthand. When Kellie Love, an instructor there, said she was planning to leave to start a business of her own, Bisconti decided to act. Love inspires students to keep coming back for more lessons and brings in more than a quarter of the studio's revenue, says Bisconti, owner of a Fred Astaire Dance Studio in Willoughby, Ohio.

99. Wunderlich Acquires Wealth Management Assets of New York Firm -

Memphis-based investment firm Wunderlich Securities Inc. is acquiring the wealth management assets of Dominick & Dominick LLC, a privately held New York-based investment firm.

100. Accredo Health Adding 50 Jobs in Memphis -

Accredo Health Group Inc. will add dozens of jobs in Memphis by the end of 2014.

Accredo, a subsidiary of Express Scripts Holding Co. that has around 1,500 jobs locally, will add 50 new jobs at its Century Center campus in Memphis by the end of the year.