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Editorial Results (free)

1. Charter Operator AB Jets Soaring to New Heights -

David Turner began working for a local charter plane operation in 2000, but five years later Turner decided he needed a change of scenery and started flying for Memphis-based AB Jets.

2. Yamaha Jet Boat to Grow Tenn. Plant, Add 150 Jobs -

Yamaha Jet Boat Manufacturing USA is expanding its production facility in East Tennessee, creating 150 new jobs.

The company announced it will spend about $18 million to buy a 36,000-square-foot building next to its current plant in Vonore that will be used for offices and production.

3. FedEx Reports 23 Percent Earnings Boost -

FedEx on Wednesday, Dec. 17, reported net income of $616 million for the September-November quarter, a 23 percent increase from $500 million in the same period last year but slightly below Wall Street estimates.

4. Yamaha Jet Boat to Grow Tennessee Plant, Add 150 Jobs -

Yamaha Jet Boat Manufacturing USA is expanding its production facility in East Tennessee, creating 150 new jobs.

The company announced it will spend about $18 million to buy a 36,000-square-foot building next to its current plant in Vonore that will be used for offices and production.

5. SeaPort Looks to Shift Some Memphis Flights to Nashville -

TUPELO, Miss. (AP) – Faced with a demand for more flights from Tupelo to Nashville, SeaPort Airlines is considering moving some Memphis flights to the Nashville route.

"Demand is running 10-to-1 with Nashville over Memphis, even though we don't even have a three-to-one frequency advantage in flights," SeaPort president Rob McKinney told the Northeast Mississippi Daily Journal.

6. Four Charter Schools Prepare To Close -

Four charter schools operating in Memphis will close at the end of the current school year under terms of a recently enacted Tennessee law.

The law requires the closure of any charter school that is ranked in the bottom 5 percent of schools statewide as measured by state test scores. The closings come without any decision by the local school board that authorized the charters.

7. Target Bringing 400-Job Project to Memphis -

Memphis is poised to land hundreds of new jobs and retain several hundred more. Target will seek incentives from Memphis and Shelby County as early as next week for an online fulfillment center that will create over 400 new jobs.

8. Four Charter Schools Prepare to Close -

Four charter schools operating in Memphis will close at the end of the current school year under terms of a recently enacted Tennessee law.

The law requires the closure of any charter school that is ranked in the bottom 5 percent of schools statewide as measured by state test scores. The closings come without any decision by the local school board that authorized the charters.

9. 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.

10. Four Memphis Charter Schools To Close In Summer -

Four charter schools operating in Memphis will close at the end of the current school year under terms of a recently enacted Tennessee law.

The law requires the closure of any charter school that is ranked in the bottom five percent of schools in the state in terms of student achievement as measured by state test scores. The closing comes without any decision by the local school board that originally authorized the charter schools.

11. AutoZone Net Income Up 9.3 Percent -

AutoZone kicked off its new fiscal year with another quarter of growth, posting increases in same-store sales and earnings per share that are typical of earning announcements from the Memphis-based auto parts retailer.

12. Milhaus Acquires Highland Row Property -

44 S. Highland St.; 366, 374 and 380 Ellsworth St.
Memphis, TN 38111
Sale Amount: $4.3 million

13. Highland Row Developer Acquires 13 Acres -

Indianapolis-based developer Milhaus Ventures has acquired several vacant parcels for the long-awaited Highland Row project near the University of Memphis for $4.3 million.

Milhaus, operating as Highland Row LLC, acquired the properties at 443 S. Highland St. and 366, 374 and 380 Ellsworth St. from Worthington Hyde Partners, operating as Highland Row Land Partners LLC, according to a Nov. 26 warranty deed.

14. These Retailers Could Use Some Holiday Cheer -

NEW YORK (AP) – The holiday shopping season is always a make-or-break period for struggling retailers.

But this year, the fight to grab shoppers has intensified, making it difficult for stores to use the season that accounts for about 20 percent of the retail industry's annual sales to bounce back.

15. Victorian Village Homes See Demand -

A new single-family residential project in the heart of Victorian Village is doing very well, thank you very much.

Five of the eights lots inside Planters Row II, a unique master planned community on Jefferson Avenue in Victorian Village between the Medical Center and Downtown core, are already optioned or under contract after the first day of sales, according to Scott Blake, president of Design 500 Inc.

16. Amazon's New Robot Army is Ready to Ship -

TRACY, California (AP) – A year ago, Amazon.com workers like 34-year-old Rejinaldo Rosales hiked miles of aisles each shift to "pick" each item a customer ordered and prepare it for shipping.

17. Highland Row Developer Acquires 13 Acres -

Indianapolis-based developer Milhaus Ventures has acquired several vacant parcels for the long-awaited Highland Row project near the University of Memphis for $4.3 million.

Milhaus, operating as Highland Row LLC, acquired the properties at 443 S. Highland St. and 366, 374 and 380 Ellsworth St. from Worthington Hyde Partners, operating as Highland Row Land Partners LLC, according to a Nov. 26 warranty deed.

18. Highland Row Developer Acquires 13 Acres -

Indianapolis-based developer Milhaus Ventures has acquired several vacant parcels for the long-awaited Highland Row project near the University of Memphis for $4.3 million.

Milhaus, operating as Highland Row LLC, acquired the properties at 443 S. Highland St. and 366, 374 and 380 Ellsworth St. from Worthington Hyde Partners, operating as Highland Row Land Partners LLC, according to a Nov. 26 warranty deed.

19. Program Launched to Grow State’s Small Businesses -

Because many small businesses might still find access to credit tight, and because putting new capital to work in small businesses can give the economy a jolt through the creation of jobs, a pair of organizations has launched a new lending program with those factors in mind.

20. Airport Remodel Reflects Diminished Reality -

Major demolition work is underway at Memphis International Airport as construction crews raze the south end of the A Concourse, an initial step in a $114 million, multi-year modernization plan that reflects the new reality at the airport.

21. 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.

22. Dollar, S&P Levels Point to 1996 -

As trading becomes more mechanized, investors must consider not only market fundamentals but also what‘s driving the algorithms. With the proliferation of ETFs, less analysis occurs at the security level, and more analysis occurs on the technical level.

23. Expedient Data Centers Expands to Memphis -

Expedient Data Centers, a leading provider of cloud computing and other related services, has settled on Memphis as the site of its first data center in Tennessee.

Expedient currently operates 10 data centers in six markets, and its 11th is planned for 3180 Players Lane in Memphis, close to the TPC Southwind Golf Course and FedEx headquarters.

24. Feds: Bullying, Lying Debt Collectors an Epidemic -

NEW YORK (AP) – The country is facing an epidemic of unscrupulous debt collectors willing to pose as law enforcement and threaten arrest to squeeze dollars out of Americans, a top prosecutor said Tuesday as he announced the arrests of seven people who worked for an Atlanta-area company.

25. 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.

26. 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.

27. Trustmark’s Neal Finds Plenty to Like in CRE -

Trustmark National Bank senior vice president Rick Neal, who manages the bank’s commercial real estate efforts for the Memphis region, came to the bank in 2012 for a couple of reasons.

28. 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.

29. Blackberry Expanding Its Mobile-Security Arsenal -

SAN FRANCISCO (AP) – BlackBerry is expanding its efforts to sell mobile-security software on its rivals' smartphones and tablets to help counter the waning popularity of its own devices.

30. Ridesharing Could Get City OK -

Legislation making its way through the Memphis City Council would allow transportation network companies such as Lyft and Uber to operate under the law.

Regulatory issues surrounding the services, which spread quickly across the country and sometimes violated dated municipal transportation policies, arose earlier this year.

31. TVA President Could Earn More Than $1 Million Extra -

CHATTANOOGA, Tenn. (AP) — The Tennessee Valley Authority's president and CEO could earn more than $1 million extra this year.

The Chattanooga Times Free Press (http://bit.ly/1smQm6m) reports the agency's board voted unanimously on Thursday to raise Bill Johnson's salary and performance pay after the 60-year-old attorney met all of TVA's targets for 2014.

32. FedEx Freight CEO Retiring at End of Year -

William J. Logue, the chief executive and president of FedEx Freight, will retire at the end of the year due to health concerns, the company announced Wednesday, Nov. 5.

On Jan. 1, Michael L. Ducker, a 40-year company veteran and current chief operating officer of FedEx Express, will replace Logue as the head of FedEx Freight, Memphis-based FedEx’s less-than-truckload freight transportation arm.

33. Survival of the Fittest -

Back in 2010, as the video rental giant Blockbuster was circling the drain in the wake of its Chapter 11 bankruptcy filing, the irony was inescapable to Matt Martin.

Martin, co-owner of Black Lodge Video in Memphis, told a reporter for the Christian Science Monitor how Blockbuster employees “literally laughed in our faces” when the independent video rental shop first opened its doors.

34. Council Pans City Garbage Proposal -

The administration of Mayor A C Wharton Jr. calls it SMART – Save Money And Reduce Trash. It’s a rebranding of the slow move to a pay-as-you-throw concept for city garbage and trash pickup.

35. FedEx Freight CEO Retiring for Health Reasons -

William J. Logue, the chief executive and president of FedEx Freight, will retire at the end of the year due to health concerns, the company announced Wednesday, Nov. 5.

On Jan. 1, Michael L. Ducker, a 40-year company veteran and current chief operating officer of FedEx Express, will replace Logue as the head of FedEx Freight, Memphis-based FedEx’s less-than-truckload freight transportation arm.

36. Council Votes Down Elvis Presley Boulevard Car Lot -

The Memphis City Council voted down Tuesday, Nov. 4, the move of a used car lot on land owned by Graceland to a lot further north on Elvis Presley Boulevard near the new 450-room resort style hotel Elvis Presley Enterprises is building.

37. Disney Expands Digital Movie Service to Android -

NEW YORK (AP) – The Walt Disney Co. is expanding its digital movies app that allows fans to watch movie purchases across devices to Android's Google Play.

38. Fred's Taps New CEO -

Memphis-based Fred’s Inc. has shuffled its executive ranks, tapping executive vice president and chief financial officer Jerry Shore as its new CEO following CEO Bruce Efird giving his resignation to the company’s board.

39. Inclinator Remains Elusive at The Pyramid -

In the 23 years since The Pyramid was built and opened as an arena, some of the frustrations of developing the building for more than one use remain.

Its brief life as an arena now gone, The Pyramid is being converted to a Bass Pro Shops superstore with a hotel and other attractions inside, including restaurants and an aquarium at the top of the structure. There are also glass extensions at the top to view the city and the Mississippi River.

40. Wright Medical, Tornier Merge in $3.3 Billion Deal -

Wright Medical Group Inc. of Memphis announced Monday, Oct. 27, a merger of the specialty orthopedic company with Tornier N.V., a global medical device company headquartered in Amsterdam that makes and markets joint replacement and soft tissue repair devices.

41. Bigger LIFT -

The former Cadence Bank branch on Court Avenue Downtown is the new and bigger home for Community LIFT, the local intermediary with community development corporations founded by a coalition of nonprofits and the city of Memphis four years ago.

42. Wright Medical, Tornier Merge in $3.3 Billion Deal -

Wright Medical Group Inc. of Memphis announced Monday, Oct. 27, a merger of the specialty orthopedic company with Tornier N.V., a global medical device company headquartered in Amsterdam that makes and markets joint replacement and soft tissue repair devices.

43. Wright Medical Merges With Tornier In $3.3 Billion Deal -

Wright Medical Group Inc. of Memphis announced Monday, Oct. 27, a merger of the specialty orthopedic company with Tornier N.V., a global medical device company headquartered in Amsterdam that makes and markets joint replacement and soft tissue repair devices.

44. Ford Profit Falls in Third Quarter on Truck Costs -

DEARBORN, Mich. (AP) — Ford's new aluminum-sided F-150 will be a lot lighter and more efficient when it goes on sale later this year. But for now it's a serious drag on profits.

Net income dropped 34 percent to $835 million in the third quarter, largely due to the cost of launching the pickup. The new F-150, which is 700 pounds lighter due to its aluminum construction, is scheduled to go on sale by the end of this year.

45. 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.

46. Memphis Economic Indicator Finds Optimism -

The latest Memphis Economic Indicator, a quarterly survey measuring general business sentiment produced jointly by The Daily News and Dixon Hughes Goodman LLP, found a downward trend in sentiment measured by almost all of the survey’s six standard questions.

47. Sprouts Farmers Market Applies for Building Permit -

3150 Village Shops Drive
Germantown, TN 38138

Project Cost: $1.5 million

Applied: Oct. 14, 2014

48. 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.

49. FBI Director Warns Against Cellphone Encryption -

WASHINGTON (AP) – FBI Director James Comey warned in stark terms Thursday against the push by technology companies to encrypt smartphone data and operating systems, arguing that murder cases could be stalled, suspects could walk free and justice could be thwarted by a locked phone or an encrypted hard drive.

50. Thinner iPads, Sharper iMacs in Apple's Lineup -

CUPERTINO, Calif. (AP) – Apple unveiled a thinner iPad Thursday with a faster processor and a better camera as it tries to drive excitement for tablets amid slowing demand. The company also released an update to its Mac operating system and introduced a high-resolution iMac model that might appeal to heavy watchers of television over the Internet.

51. Budget Deficit Drops to $483 Billion, Lowest Since 2008 -

WASHINGTON (AP) – The deficit for the just completed 2014 budget year was $483 billion, the lowest of President Barack Obama's six years in office, the government reported Wednesday.

It's the lowest since 2008 and, when measured against the size of the economy, is below the average deficits of the past 40 years. The deficit equaled 2.8 percent of gross domestic product, which is the economy's total output of goods and services.

52. 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.

53. The Horizon Sells to Mississippi Developer for $13.5 Million -

A Mississippi-based developer has acquired the uncompleted Horizon condominium tower overlooking the Mississippi River in Downtown.

Dawn Properties Inc. of Hattiesburg, which is primarily involved in the acquisition, development and management of multifamily properties, has purchased the 16-story, 155-unit tower for $13.5 million and plans on completing the luxury condominiums.

54. Unequal Pay: Must Be a Lot of Good Karma Out There -

NEW YORK (AP) – Don't ask for a raise. Keeping quiet will give you "superpowers" that will translate into employer trust and other "good karma" that will eventually come back around to your purse.

55. Acceleration Sports Gets All Ages Stronger -

If personal trainer/performance coach Stacy Peterson could help volleyball players at the Hutchison School, including their own daughters, then maybe she could help them, too.

56. 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.

57. Federal Budget Deficit Falls to $486 Billion -

The federal government's budget deficit has fallen to $486 billion, the smallest pool of red ink of President Barack Obama's six-year span in office, a new report said Wednesday.

The Congressional Budget Office's latest estimate shows better results than earlier projections by both CBO and the White House budget office.

58. McNeill Files Loans for Medical Office Park -

McNeill Commercial Real Estate, operating as Wolf River Kimbrough Partners, has filed two loans totaling $4 million for a planned medical office park.

McNeill filed for the loans with Financial Federal, according to two Oct. 1 commercial deeds of trust. Spence Ray of McNeill signed both deeds of trust.

59. TGI Fridays Franchisee Buys 3 Local Restaurants -

A New Orleans-based restaurant group has acquired three local TGI Fridays restaurants.

Southeast Restaurant Group bought the restaurants at 8325 U.S. 64, 7733 Winchester Road and 176 Goodman Road in Southaven, part of a broader 20-restaurant deal.

60. Federal Budget Deficit Falls to $486 Billion -

The federal government’s budget deficit has fallen to $486 billion, the smallest pool of red ink of President Barack Obama’s six-year span in office, a new report said Wednesday.

The Congressional Budget Office’s latest estimate shows better results than earlier projections by both CBO and the White House budget office.

61. 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.

62. Obama Claims Progress on Wall Street Rules -

WASHINGTON (AP) – A year after prodding financial regulators to act more swiftly to rein in Wall Street, President Barack Obama on Monday claimed progress in toughening banking rules but urged bank overseers to consider additional ways to prevent the kind of risk-taking that precipitated the 2008 financial crisis.

63. McNeill Seeks Permits for Germantown Medical Offices -

1432 Kimbrough Road and 1468 Kimbrough Road
Germantown, TN 38138
Project Cost: $2.6 million

64. McNeill Files Loans for Medical Office Park -

McNeill Commercial Real Estate, operating as Wolf River Kimbrough Partners, has filed two loans totaling $4 million for a planned medical office park.

McNeill filed for the loans with Financial Federal, according to two Oct. 1 commercial deeds of trust. Spence Ray of McNeill signed both deeds of trust.

65. McNeill Seeks Permits for Germantown Office Park -

A developer planning a mixed use development in Germantown has applied for two building permits for a medical office center.

McNeill Commercial Real Estate, operating as Wolf River Kimbrough Partnership, applied through the city-county Office of Construction Code Enforcement for two building permits totaling $2.4 million.

66. Pigeon Forge, Knoxville Help Fill Each Others’ Coffers -

While the tourism industries in Pigeon Forge and Knoxville are quite different, they are inextricably linked.

Only about 35 miles apart, they are gateways to the Great Smoky Mountains National Park and happily share tourism dollars.

67. Downtown Knoxville Tourism Finally Finds its Stride -

When Kim Trent moved to Knoxville in 1990, she could stand along Gay Street on a Sunday and be the only soul in sight. Today, she’s a face in the crowd.

68. 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.

69. Commissioner Rethinking Handling of Older Teens -

NASHVILLE, Tenn. (AP) – The head of the state Department of Children's Services is considering whether older teens should be moved from the department's custody into the adult correctional system after a third major escape attempt from one of its juvenile detention centers in less than a month.

70. McNeill Seeks Permits for Germantown Office Park -

A developer planning a mixed use development in Germantown has applied for two building permits for a medical office center.

McNeill Commercial Real Estate, operating as Wolf River Kimbrough Partnership, applied through the city-county Office of Construction Code Enforcement for two building permits totaling $2.4 million.

71. Events -

The Metal Museum will host Repair Days Thursday, Oct. 2, through Sunday, Oct. 5, at the museum, 374 Metal Museum Drive. Metalsmiths from across the country will solder, sharpen, remove dents and repair items, with all proceeds benefiting the museum. Visit metalmuseum.org for a schedule of events.

72. Events -

Kiwanis Club of Memphis will meet Wednesday, Oct. 1, from noon to 1 p.m. at The University Club of Memphis, 1346 Central Ave. The guest speaker is University of Memphis President M. David Rudd. Cost is $18 for nonmembers.

73. Williams-Sonoma Growth Highlights DeSoto Push -

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

74. Triumph Bank Surpasses $500 Million in Assets -

Triumph Bank didn’t choose its new tagline, “Let’s talk growth,” earlier this year only because it sounded hopeful or was an ideal to strive for.

75. Events -

American Marketing Association, Memphis Chapter will meet Tuesday, Sept. 30, from 11:30 a.m. to 1 p.m. in the Lipscomb & Pitts Building, 2670 Union Ave. Jeremy Park, president of the Lipscomb Pitts Breakfast Club, will present “Giving Back With a Purpose: The Shift in Corporate Engagement and Cause Marketing.” Cost is $15 for members and $25 for nonmembers. Visit memphisama.org.

76. 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.

77. Pentagon Wants Tighter Soldier Loan Protections -

WASHINGTON (AP) – Aiming to restrict lenders who prey on members of the military, the Obama administration on Friday moved to close legal loopholes that have placed hundreds of thousands of service members at risk of excessive payday and other short-term loan fees.

78. Events -

American Marketing Association, Memphis Chapter will meet Tuesday, Sept. 30, from 11:30 a.m. to 1 p.m. in the Lipscomb & Pitts Building, 2670 Union Ave. Jeremy Park, president of the Lipscomb Pitts Breakfast Club, will present “Giving Back With a Purpose: The Shift in Corporate Engagement and Cause Marketing.” Cost is $15 for members and $25 for nonmembers. Visit memphisama.org.

79. MATA President Vows New Standards for Trolleys -

The new president and general manager of the Memphis Area Transit Authority said Friday, Sept. 26, that he hopes to have some trolley cars up and running again by the end of the year.

But Ron Garrison also said the transit authority will be overhauling training and repair standards as well as trolleys in the wake of a report from the American Public Transportation Association that found MATA lacking in both areas.

80. Events -

The Metal Museum will host Repair Days Thursday, Oct. 2, through Sunday, Oct. 5, at the museum, 374 Metal Museum Drive. Metalsmiths from across the country will solder, sharpen, remove dents and repair items, with all proceeds benefiting the museum. Visit metalmuseum.org for a schedule of events.

81. Sergeant’s Pet Care Closing Memphis Operations -

Sergeant's Pet Care Products will close its Memphis distribution facility and shift those operations to Omaha, Neb., according to press reports.

Sergeant’s will shift around 60 jobs from Memphis to a 350,000-square-foot warehouse and distribution center under construction now in the Omaha area, according to the Omaha World-Herald.

82. Stonebridge Crossing Sells for $29.8 Million -

The Stonebridge Crossing apartment complex in Cordova has traded hands.

Independence Realty Trust, a Philadelphia-based real estate investment trust focused on apartment communities and operating as IRT Stonebridge Crossing Apartments Owner LLC, acquired the massive apartment community from AB Merion Stonebridge LLC for $29.8 million, according to a Sept. 11 special warranty deed.

83. Ugwueke Makes Impact on Lives at Methodist -

Michael Ugwueke’s present life, as president and chief operating officer of Methodist Le Bonheur Healthcare, and president and CEO of Methodist Healthcare Memphis Hospitals, is full of red tape.

It is a life of regulations wrapped around regulations, encased in codes and jargon and nourished by so much legalese.

84. More Stores, Walk-In Clinics Offering Vaccines and Shots -

Pull up to a local Walgreens and you may be immediately presented with a shot menu: flu, shingles, pneumonia and other options. Theoretically, in one trip to the drugstore you can knock out your flu shot, pick up some ice cream, bread or beer, maybe grab a birthday card for your mother-in-law, and be on your way.

85. Searching for Doctors -

So here’s the offer: lower salary – meaning it will take longer to pay down your student loan debt – less prestige, and perhaps even a questioning of your intelligence and skill.

In 2014, that’s what comes with the decision to become a primary care physician. Recently, a fourth-year medical student at the University of Pennsylvania, Mara Gordon, wrote an article for The Atlantic explaining her decision to become a primary care doctor.

86. Stonebridge Crossing Sells for $29.8 Million -

The Stonebridge Crossing apartment complex in Cordova has traded hands.

Independence Realty Trust, a Philadelphia-based real estate investment trust focused on apartment communities and operating as IRT Stonebridge Crossing Apartments Owner LLC, acquired the massive apartment community from AB Merion Stonebridge LLC for $29.8 million, according to a Sept. 11 special warranty deed.

87. Ugwueke to Clarify Health Care Complexities -

Clarity. That’s what anyone attending a seminar on health care is seeking. What’s going on here and across the country? What’s the impact of the Affordable Care Act? What are the trends? What about the looming shortage of primary care physicians?

88. Stonebridge Crossing Sells for $29.8 Million -

The Stonebridge Crossing apartment complex in Cordova has traded hands.

Independence Realty Trust, a Philadelphia-based real estate investment trust focused on apartment communities and operating as IRT Stonebridge Crossing Apartments Owner LLC, acquired the massive apartment community from AB Merion Stonebridge LLC for $29.8 million, according to a Sept. 11 special warranty deed.

89. 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.

90. Apple Pulls Software Update for iPhones -

SAN FRANCISCO (AP) – Apple has stopped providing an update to its new iOS 8 mobile operating software, following complaints that the update interferes with users' ability to make phone calls.

91. Sergeant’s Pet Care Closing Memphis Distribution Center -

Sergeant's Pet Care Products will close its Memphis distribution facility and shift those operations to Omaha, Neb., according to press reports.

Sergeant’s will shift around 60 jobs from Memphis to a 350,000-square-foot warehouse and distribution center under construction now in the Omaha area, according to the Omaha World-Herald.

92. Limits on Overseas Mergers Prompt Renewed Debate -

WASHINGTON (AP) – The Obama administration's decision to curb the ability of U.S. corporations to skirt taxes by merging with foreign companies kicked off an immediate election-season debate over when and how to tackle the nation's complex corporate tax code.

93. Terminix Launches International Push -

The former chief operating officer of Memphis-based Terminix is the new president of the company’s international division.

Larry Pruitt was one of two new appointments made Monday, Sept. 22, by Terminix, which is part of Memphis-based The ServiceMaster Co.

94. Methodist Primary Care Adds Marion Doctor -

Dr. Aaron Mitchell and nurse practitioner Jama Davis, both with Mitchell Family Medicine in Marion, Ark., have joined Methodist Primary Care Group. The practice was to re-open this week.

95. Methodist Primary Care Adds Marion Doctor -

Dr. Aaron Mitchell and nurse practitioner Jama Davis, both with Mitchell Family Medicine in Marion, Ark., have joined Methodist Primary Care Group. The practice was to re-open this week.

96. FedEx Profits Surge Above Wall Street Estimates -

FedEx said fiscal first-quarter profits surged to $606 million, driven by gains in its freight, ground and express operations and a share buyback program.

Memphis-based FedEx reported earnings Wednesday, Sept. 17, of $2.10 per diluted share for the first quarter ended Aug. 31, up 37 percent from last year’s $1.53 per share and above Wall Street estimates. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.96 per share. FedEx shares were up 4.29 percent following the earnings release and conference call with company executives.

97. UPS Expects to Hire Up to 95,000 Seasonal Workers -

ATLANTA (AP) – UPS plans to hire up to 95,000 workers to help deliver packages during the busy holiday season – an increase from last year, when the company was caught unprepared for a boom in online shopping.

98. 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.

99. IP Names Mark Sutton Chairman and CEO -

Mark Sutton is the new chief executive officer and chairman of International Paper Co., named this week as the board of the Memphis-based company prepares for the retirement of current CEO and chairman John Faraci.

100. New Goodwill Location Opens in Midtown -

Memphis Goodwill Inc. has opened its newest Attended Donation Center & Bookstore in Midtown, at 651 N. McLean Blvd. next to Dino’s Grill and Café Eclectic.