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Editorial Results (free)

1. 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.

2. 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.

3. 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.

4. 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.

5. Sprouts Farmers Market Applies for Building Permit -

3150 Village Shops Drive
Germantown, TN 38138

Project Cost: $1.5 million

Applied: Oct. 14, 2014

6. 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.

7. 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.

8. 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.

9. 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.

10. 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.

11. 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.

12. 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.

13. 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.

14. 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.

15. 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.

16. Accredo 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.

17. Stonebridge Crossing Sells for $29.8 Million -

9135 Morning Ridge Road
Memphis, TN 38016
Sale Amount: $29.8 million

Sale Date: Sept. 11, 2014
Buyer: IRT Stonebridge Crossing Apartments Owner LLC
Seller: AB Merion Stonebridge LLC
Details: The 500-unit Stonebridge Crossing apartment complex in Cordova has traded hands.

18. Century Center Land Sold for $1.5 Million -

A group affiliated with Memphis-based Boyle Investment Co. has sold a large chunk of vacant land on Whitten Road near Interstate 40.

19. Viability of Black Creative Districts Explored -

Several weeks ago, Eric Robertson, the president of the neighborhood revitalization intermediary Community LIFT, was showing a group of visitors around the city’s various creative and entertainment districts.

20. Century Center Land Sells for $1.5 Million -

A group affiliated with Memphis-based Boyle Investment Co. has sold a large chunk of vacant land on Whitten Road near Interstate 40.

21. Robotic Rise of the S&P -

The S&P 500 hit a new all-time high again last week for the 34th time so far this year. However, U.S. stocks appear increasingly detached.

While the S&P 500 has risen nearly 10 percent year-to-date, stocks outside the US have returned less than 3 percent. In fact, U.S. stocks have pummeled their international competition by an astounding 70 percent over the last five years.

22. Marx-Bensdorf Expands in East Memphis -

A prominent Memphis realty company has expanded its presence in East Memphis. Marx-Bensdorf Realtors has grown in the office building at 5860 Ridgeway Loop Blvd. by 526 square feet, bringing its total to 4,653 square feet.

23. Harold Ford Funeral Home Files Construction Loan -

1670 Sycamore View Road
Memphis, TN 38134
Loan Amount: $2.6 million

Loan Date: Sept. 4, 2014
Maturity Date: N/A
Borrower: Harold Ford Sycamore View LLC and Serenity Columbarium and Memorial Gardens LLC
Lender: Regions Bank
Details: The Harold Ford Funeral Chapel at 1670 Sycamore View Road in Northeast Memphis has filed a $2.6 million construction loan on the property.

24. Riverboat Enthusiasts Try to Save Delta Queen -

ST. LOUIS (AP) – A group of riverboat enthusiasts is trying to get the 1920s era paddlewheeler Delta Queen back on the Mississippi River.

Former Delta Queen Steamboat Co. executive Cornel Martin was in St. Louis this week seeking support and investment for his company, DQSC LLC, the St. Louis Post-Dispatch reported.

25. 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.

26. 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.

27. College Savings on the Rise as Plans Average $20,000 -

WASHINGTON (AP) – The good news is that Americans are saving more than ever for college. The bad news is that the average amount wouldn't come close to getting a person a degree.

In a report released Tuesday, the College Savings Plans Network found that the average college savings or prepaid tuition account known as a "529" plan is now worth about $20,671 – almost double what these accounts were worth during the dog-days of the recession.

28. FedEx Ground Planning Memphis Hub Expansion -

FedEx Ground is planning a $3.3 million expansion and upgrade of its South Memphis facility, according to a news report.

This week, FedEx Ground pulled a building permit for its hub at 555 Compress Drive, according to The Commercial Appeal. The permit calls for a 10,000-square-foot expansion of its city van haul facility and a 2,343-square-foot office expansion, according to the report.

29. FedEx Ground Planning Memphis Hub Expansion -

FedEx Ground is planning a $3.3 million expansion and upgrade of its South Memphis facility, according to a news report.

This week, FedEx Ground pulled a building permit for its hub at 555 Compress Drive, according to The Commercial Appeal. The permit calls for a 10,000-square-foot expansion of its city van haul facility and a 2,343-square-foot office expansion, according to the report.

30. Indmar Marine Engines Files Expansion Permit -

5400 Old Millington Road
Unincorporated Shelby County
Permit Cost: $2 million

31. Changing Landscape -

A “high-end” grocery store chain not currently serving the Memphis market has leased the shuttered former Kroger store at 9050 U.S. 64 in Lakeland and should open in the spring, according to a Lakeland official.

32. Owner Quitclaims Grove Park Center -

Grove Park Center, the 94,200-square-foot office building at 4515 Poplar Ave. in East Memphis, has traded hands via quitclaim deed.

33. Yellen: Job Market Makes Fed Hesitant on Rate Hike -

JACKSON HOLE, Wyoming (AP) – Federal Reserve Chair Janet Yellen said Friday that the Great Recession complicated the Fed's ability to assess the U.S. job market and made it harder to determine when to adjust interest rates.

34. Silicone Arts Laboratories Recruited for Dallas Accelerator -

A Memphis company founded in 2011 that makes innovative cosmetic products has been recruited to participate in the Dallas-based health care accelerator Health Wildcatters.

The company is Silicone Arts Laboratories, which manufacturers a topical filler called Dermaflage that uses silicone to simulate skin and instantly conceal recessed imperfections. The product is waterproof and conceals skin imperfections for up to 36 hours. Designed for ease of use among consumers, Dermaflage’s other strength is that it provides a cosmetic option for concealing recessed scars and skin defects on the face and body without having to resort automatically to surgery or injections.

35. Bull Market -

From his office on the 21st floor of the Raymond James tower Downtown, John C. Carson Jr. has a sweeping view of the Mississippi River as it rolls by the Bluff City.

36. US Factory Output Surges in July -

U.S. factory output rose for the sixth consecutive month in July, led by a jump in the production of motor vehicles, furniture, textiles and metals.

Manufacturing production rose 1 percent in July compared with the prior month, the Federal Reserve reported Friday. Factory output in June was revised slightly higher to a 0.3 percent increase. Over the past 12 months, manufacturing has risen 4.9 percent.

37. Less-Frenzied House Hunting in Williamson County -

This past week, Realtor Stephanie Tipton Soper had two out-of-town families relocating to Nashville. Both were in search of homes in Williamson County.

Disclosure being the better part of valor, Stephanie is my real estate partner at Christianson, Patterson, Courtney and Associates. With my wife Beth and our twins vacationing in London, Stephanie was the only real estate agent from whom I can draw immediate, deadline-ready data and information, so here she is.

38. Vendors Sought for Edge MEMfix Event -

A group behind the next MEMfix campaign in the Edge district is currently looking for vendors.

Livable Memphis is seeking vendors for the Oct. 18 MEMfix event, which will take place around the intersection of Marshall and Monroe avenues.

39. Developer Tries Again for Highland McDonald’s -

The developer behind a proposed McDonald’s on Highland Avenue near the University of Memphis is making another attempt at the project.

According to the most current site plan, the 5,353-square-foot restaurant building is situated along the sidewalk on Highland and a looping drive-thru proposed earlier has been replaced with one that runs along the eastern side of the building.

40. Roast of the Town -

If you catch Jimmy Lewis these days and get him talking about coffee roasting, chances are he might never stop.

41. Vendors Sought for Edge MEMfix Event -

A group behind the next MEMfix campaign in the Edge district is currently looking for vendors.

Livable Memphis is seeking vendors for the Oct. 18 MEMfix event, which will take place around the intersection of Marshall and Monroe avenues.

42. New York Firm Buys Retirement Community -

996 Cherry Road
Memphis, TN 38117
Sale Amount: $12.9 million

Sale Date: July 30, 2014
Buyer: GFTV Audubon Owner LLC
Seller: TV Memphis LP
Loan Amount: $23.5 million
Loan Date: July 30, 2014
Maturity Date: N/A
Lender: Grandbridge Real Estate Capital LLC
Details: An affiliate of New York-based Garrison Investment Group has paid $12.9 million for the 176-unit Town Village Audubon Park retirement community at 950 Cherry Road in East Memphis.

43. Midtown Corner Could See Turnaround -

While Midtown as a whole is experiencing a resurgence, two properties at the key intersection of Union Avenue and McLean Boulevard remain vacant, decaying eyesores.

But a real estate agent representing the owner of the vacant office building and hotel at the southwest corner of Union and McLean says both properties are under contract to be sold.

44. New York Firm Buys Retirement Community -

An affiliate of New York-based Garrison Investment Group has paid $12.9 million for the 176-unit Town Village Audubon Park retirement community at 950 Cherry Road in East Memphis.

45. Springing to Life -

When Ridgeland, Miss.-based development firm the Bryan Co. broke ground on The Horizon condominium tower in 2007, it was at the peak of the housing bubble and optimism from elected officials and Downtown boosters was equally high.

46. US Manufacturing Expands Again in July -

WASHINGTON (AP) — US manufacturing expanded for the 14th straight month in July in a good sign for the overall economy.

The Institute for Supply Management, a trade group of purchasing managers, reported Friday that its manufacturing index rose to 57.1, highest level since April 2011 and up from 55.3 in June.

47. US Manufacturing Expands Again in July -

U.S. manufacturing expanded for the 14th straight month in July in a good sign for the overall economy.

The Institute for Supply Management, a trade group of purchasing managers, reported Friday that its manufacturing index rose to 57.1, highest level since April 2011 and up from 55.3 in June.

48. 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.

49. FedEx Founder Highlights Economic Club Fall Slate -

FedEx founder Fred Smith will make a rare public speaking appearance in Memphis Nov. 6, as part of the fall 2014 lineup of speakers planned for the Economic Club of Memphis.

50. D. Canale Affiliate Buys Property for Distillery -

301 S. Front St.
Memphis, TN 38103
Sale Amount: $785,000

Sale Date: July 10, 2014
Buyer: Dominick Properties LLC
Seller: 301 South Front Street GP

51. Lot Shortage Poses Next Roadblock -

Local homebuilders say a dearth of developed lots is slowing down the new housing rebound, weighing down an industry still trying to drag itself out of the rubble left by the worst recession in decades.

52. French Fort Plan Calls for $150 Million Development -

What would begin as 67 apartments in the former U.S. Marine Hospital and nurses’ quarters on the northern edge of the French Fort neighborhood would grow in phases to a $150 million development south of E.H. Crump Boulevard, according to a plan unveiled over the weekend.

53. Forbes Sells Majority Stake to Group of Investors -

NEW YORK (AP) – Forbes said Friday it will sell a majority stake in the family owned magazine publisher to a Hong Kong-based investor group.

Financial terms of the deal were not disclosed. The New York company said in November it was putting itself up for sale.

54. Time to Invest in Emerging Markets? -

Emerging markets are a group of countries that are in the process of developing both their infrastructure and economic system.

Emerging countries include the big names that have dominated the space for years like Brazil, Russia, India and China (known as the BRIC), but also smaller developing countries in Emerging Asia, South America and Eastern Europe.

55. We’re All Invited -

MEMPHIS, SERVED IN THE SHELL. Following up last week’s column, this from a reader:

“We have no civic pride, half the population is intent on killing as many as they can and the other part lives behind walls or gates. There was a time in the fifties when you could leave your front door unlocked and keys in the car.”

56. Top 10 Email Marketing Best Practices -

Part two in a two-part series. Email marketing has advanced significantly over the past decade, with the potential to be one of the strongest performers of all weapons in your marketing arsenal due to its unique ability for highly personalized content and comprehensive tracking delivered straight to the consumers’ inbox. Unfortunately, it’s also, perhaps, one of the most poorly executed of the marketing channels.

57. Wisconsin Company Plans Paper Plant in Mississippi -

JACKSON, Miss. (AP) – A Wisconsin company will open a $48 million plant in Hattiesburg, Mississippi, to make paper towels, tissue and other projects, hiring 300 people over five years.

58. ‘Significant Headwinds’ -

When Gov. Bill Haslam joined local economic development and civic officials at FedExForum in January to announce that Conduit Global would open a call center in Shelby County that would employ 1,000 people over the next three to five years, it provided a much-needed boost to the local office real estate sector.

59. US to Ask China to Restart Cyber Working Group -

WASHINGTON (AP) – The United States wants to restart a cybersecurity working group that China shut down after the U.S. indicted five Chinese military officers on charges of hacking into American companies' computers to steal trade secrets.

60. Wunderlich Expands, Opens New Office -

Wunderlich Securities Inc. has expanded into consumer and business services investment banking.

The Memphis-based company has hired Joe Schimmelpfennig, Jeff Ng and Eric Eindahl as managing directors to lead the group and to open a new Orange County, Calif., office. The consumer and business services investment banking team is based in Newport Beach, Calif., and is in the process of supplementing its team with investment banking, equity research and institutional sales and trading professionals.

61. Raymond James Recommits to Downtown -

Raymond James is extending its commitment to Downtown Memphis, where the investment firm will remain a key part of the city’s skyline for at least another decade.

The firm has reached a deal with Parkway Properties to extend its lease on the Raymond James Tower at 50 N. Front St. until March of 2024.

62. Wunderlich Expands, Opens New Office -

Wunderlich Securities Inc. has expanded into consumer and business services investment banking.

63. Pan Am Flight Academy Building Sold -

A private investment group has purchased the Pan Am International Flight Academy office building.

Valhalla Financial bought the Memphis property, which is occupied by Pan Am’s local flight academy, for $4.9 million from Road Bay Investments LLC, a subsidiary of The Allstate Corp.

64. Gestalt Schools Signs Lease in Hickory Hill -

A charter school operator has inked a lease for space on Winchester Road in Hickory Hill.

Gestalt Community Schools has leased 57,000 square feet of space at 5360 Winchester Road inside the Mendenhall Square shopping center.

65. Pan Am Flight Academy Building Sold -

A private investment group has purchased the Pan Am International Flight Academy office building.

Valhalla Financial bought the Memphis property, which is occupied by Pan Am's local flight academy, for $4.9 million from Road Bay Investments LLC, a subsidiary of The Allstate Corp.

66. Partners Drive Startup Ecosystem -

Building startups is tough work that requires the engagement of money, mentorship and professional support.

Back before there were incubators, accelerators and formal platforms to systematically assist startup companies, there were critical trusted advisers in the community to help guide entrepreneurs as they started up. Those advisers were local bankers, lawyers, marketers, accountants and others where entrepreneurs could turn for support and guidance. While new startup infrastructures have sprung up to provide knowledge, capital and other resources, professionals continue to be the backbone driving entrepreneurial growth.

67. Renovation, Expansion Underway at Saddle Creek -

The Shops at Saddle Creek has picked up a new tenant as the lifestyle center undergoes a renovation.

Marmi Shoes has leased 1,395 square feet between Vera Bradley and Madewell at Saddle Creek. St. Louis-based Marmi Shoes offers a wide variety of women’s shoe styles and sizes with a European influence. The Saddle Creek location, the first in the Memphis area and the second in Tennessee, is expected to open in the fall.

68. Graceland Hotel Passes Crucial Hurdle -

A new hotel near Graceland has passed a key regulatory hurdle.

The Memphis-Shelby County Land Use Control Board approved a proposal from Elvis Presley Enterprises to build a 450-room hotel on the same side of Elvis Presley Boulevard as the historic Graceland mansion, one of the city’s top tourism sites.

69. Boyle Starts New Phase at Spring Creek Ranch -

Activity at Boyle Investment Co.’s Spring Creek Ranch has continued this year with multiple phases of construction as it develops a total of 340 lots over the next decade.

70. Perkins Hotel Sells After Foreclosure -

2700 S. Perkins Road
Memphis, TN 38118
Sale Amount: $2.2 million

Sale Date: May 23, 2014
Buyer: HC Memphis LLC
Seller: Douglas M. Alrutz, successor trustee
Details: The Inn at Thousand Oaks hotel at 2700 S. Perkins Road in Parkway Village has sold for $2.2 million following a first-run foreclosure notice filed earlier this year.

71. Argent Financial Adds Brundick in Memphis -

Argent Financial Group has added Ed Brundick to its Memphis team.

He’ll serve as market president of Argent Trust’s Memphis operations, while also partnering with investment firm and Argent subsidiary Highland Capital Management LLC.

72. Senatobia Furniture Factory to Close -

A furniture factory that was once had more than 1,000 employees in Senatobia is closing.

Chromcraft Revington laid off as many as 200 employees earlier this month, leaving the furniture maker and distributor with about 30 employees to wind down its operations.

73. Change on Tap for Many Local Public Companies -

Here’s a snapshot of recent news and developments at some of the publicly traded companies based in Memphis, reflecting the influence these companies have and the shadows they cast both in Memphis and beyond, in industries that range from bioscience to banking.

74. Facing the Music -

Starting over is one of those tasks that requires a fresh set of eyes if it’s to be pulled off successfully.

There has to be an acceptance that what was and what will be probably are mutually exclusive and a willingness to try new things, to be different and, above all else, to keep pressing forward.

75. Titan Medical Buys Bartlett Warehouse -

An affiliate of Titan Medical Manufacturing LLC has paid $2.2 million for the 50,635-square-foot warehouse at 7580 Bartlett Corporate Drive in Bartlett.

76. Median CEO Pay Crosses $10 Million in 2013 -

NEW YORK (AP) – They're the $10 million men and women.

Propelled by a soaring stock market, the median pay package for a CEO rose above eight figures for the first time last year. The head of a typical large public company earned a record $10.5 million, an increase of 8.8 percent from $9.6 million in 2012, according to an Associated Press/Equilar pay study.

77. Senatobia Furniture Factory to Close -

A furniture factory that was once had more than 1,000 employees in Senatobia is closing.

Chromcraft Revington laid off as many as 200 employees earlier this month, leaving the furniture maker and distributor with about 30 employees to wind down its operations.

78. Reynolds Expanding E-Cigarette Production -

RICHMOND, Va. (AP) – Reynolds American Inc. is expanding its Tobaccoville, North Carolina, manufacturing complex as it plans national distribution of its Vuse brand electronic cigarette this summer, the company said Friday.

79. Argent Financial Adds Brundick in Memphis -

Argent Financial Group has added Ed Brundick to its Memphis team.

He’ll serve as market president of Argent Trust’s Memphis operations, while also partnering with investment firm and Argent subsidiary Highland Capital Management LLC.

80. Selling Memphis -

Not too long ago, Dudley Boyd, president and CEO of National Bankers Trust, entered a conference room at the Greater Memphis Chamber’s office at the Falls Building Downtown.

81. Out With the Old -

A small group of people gathered last week in the front room of a new Southwest Memphis housing development for senior citizens.

The scene marked the ending of one era in public housing and the start of another as the doors opened to the newest facility in the nearly 20-year makeover of public housing.

82. Obama Hosts CEOs Whose Firms are Investing in US -

WASHINGTON (AP) – It's the yin and the yang of the U.S. corporate climate.

At the White House, President Barack Obama played the role of business pitchman Tuesday, saluting executives whose companies have chosen to gain or expand their footprint in the United States.

83. Haslam Regrets Not Adequately Funding Higher Education -

NASHVILLE (AP) – Gov. Bill Haslam said Monday that he regrets not being able to adequately fund higher education so that all institutions that improve in some important ways can be rewarded financially.

84. Culture of Health -

Twenty-five years ago, Carol Harshman was an aerobics instructor working for a Springfield, Mo., health club.

As someone with a job that allowed her to live out a lifestyle of health and wellness at work, she was in the minority.

85. Debt: Prepay or Let It Ride? -

Ray’s take: There was a time when debt was something to be proud of. It was the badge of progress and a good credit rating. 2008 made us all rethink the place of debt in our lives.

If you have debt, you should think carefully about keeping it or prepaying it.

86. Volvo Group’s Byhalia Facility to Employ 250 -

The Volvo Group will build a massive new distribution center in Byhalia, Miss., that should employ around 250 people.

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

87. RNC Changes Debate Rules for 2016 -

MEMPHIS (AP) – Lunging for control of the GOP ahead of high-stakes elections, the Republican National Committee on Friday took steps to end free-for-all presidential debates and vowed to punish potential contenders who participate in rogue forums.

88. Real Estate ‘Titans’ Share Industry Advice -

In the 1980s Dan Wilkinson and Robert Snowden were deeply involved in developing Memphis International Airport Center.

89. First Horizon Names Corporate Treasurer -

Memphis-based First Horizon National Corp. has promoted Dane Smith to executive vice president and corporate treasurer, replacing Thomas Adams Jr., who’s retiring.

90. The Market Whisperer -

When economic analysis gets reduced to a binary choice between opposites like bullish or bearish, up or down, strong or weak, the complexity that helps explain the way things are gets lost in a thicket of sound byte-ready oversimplification.

91. First Horizon Names Corporate Treasurer -

Memphis-based First Horizon National Corp. has promoted Dane Smith to executive vice president and corporate treasurer, replacing Thomas Adams Jr., who’s retiring.

92. 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.

93. Massey Looks to Grow CCIM Reach -

Shawn Massey is a commercial real estate broker by trade, but he has a burning passion for education.

Massey has co-founded a business-focused charter school in Frayser called Memphis Business Academy and he teaches a master’s level real estate class at the University of Memphis.

94. Eastgate Set for Possible Makeover -

A venerable shopping center in East Memphis could be getting a significant makeover, according to a recent retail market report from CB Richard Ellis Memphis.

Eastgate Center LLC, the owner of Eastgate Shopping Center at Park Avenue and White Station Road in East Memphis, could make significant aesthetic improvements to the retail center beginning this year.

95. US Economy Slows to 0.1 Percent Growth Rate -

WASHINGTON (AP) – The U.S. economy slowed sharply in the first three months of the year as a harsh winter exacted a toll on business activity. The slowdown, while worse than expected, is likely to be temporary as growth rebounds with warmer weather.

96. Untapped Potential -

Since April 24, a crowd estimated at a few thousand people has flocked to the castle-like structure at 495 Tennessee St. for the chance to hang out at the Tennessee Brewery and enjoy a bar, food trucks, music and good company.

97. US Economy Likely to Rebound From Slow 1st Quarter -

WASHINGTON (AP) – Expect a dreary report Wednesday when the government issues its first estimate of how fast the U.S. economy grew in the January-March quarter. Brutal weather kept consumers and businesses in hibernation for much of the winter and likely slowed growth to a scant annual pace of just 1.1 percent.

98. Daily News Seminar Looks at State of Economy -

The recession that gutted the economy in recent years has, among other things, replaced good, high-paying jobs with jobs that don’t pay especially well.

That’s among the findings of a new report from the National Employment Law Project, which analyzed trends related to jobs in the aftermath of the recovery. It’s one example of how there’s plenty of ground to dig into as part of an analysis of the qualities of the economy of the moment, and The Daily News’ next seminar will do just that.

99. Ugwueke Named Methodist Le Bonheur President -

Michael O. Ugwueke has been named president and chief operating officer of Methodist Le Bonheur Healthcare, as well as president and CEO of Methodist Healthcare Memphis Hospitals. In his new role, Ugwueke will be responsible for strategic management of the operations of six hospitals within the Methodist Le Bonheur Healthcare system, as well as other key corporate functions.

100. Crews Center Finds Place in Startup Landscape -

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

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