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Editorial Results (free)

1. UT Board of Trustees Endorses Plan for Big Changes at School -

MEMPHIS, Tenn. (AP) – Faced with a projected $377 million funding gap over 10 years, the University of Tennessee has put together a plan that could mean some tough choices ahead for the school and its students.

2. Highland Row Developer Approved for $11 Million Permit -

The developer of the mixed-use Highland Row project won approval for for an $11 million building permit from the city-county Office of Construction Code Enforcement.

Highland Row LLC, an affiliate of Indianapolis-based Milhaus Ventures, received the permit to construct a four-story, wood-framed building at 395 S. Highland St. The permit lists Milhaus Construction LLC as the general contractor.

3. Georgia Investors Buys Southeast Memphis Hotel -

A Georgia-based investor has purchased a Southeast Memphis hotel for $1 million.

The Inn at American Way LLC, operating in care of Atlanta-based businessman Amish Patel, bought the Home One hotel at 4300 American Way from Motel 6 Operating LP, according to a Feb. 10 warranty deed.

4. Brewery Developers Buy Key Property on Butler -

The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Brewery Revival series of events there move forward.

5. Brewery Developers Buy Key Property on Butler -

The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Brewery Revival series of events there move forward.

6. Flexing Its Muscles, LA Fitness Eyes Third Store -

LA Fitness is eyeing a property in the heart of East Memphis for its third Memphis-area location.

The California-based fitness center chain is considering opening its third store in the Memphis market at 1285 Ridgeway Road, according to sources.

7. County Home Sales Dip in January -

Fewer homes were sold in Shelby County in January when compared to last year, but pricing remained strong.

There were 1,018 homes sold in Shelby County in January, down 7.5 percent from 1,100 sales in January 2014, according to real estate information company Chandler Reports, www.chandlerreports.com.

8. Brewery Developers Acquire Butler Avenue Land -

The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Brewery Revival series of events there move forward.

9. Harris’ Bill Faces Opposition From Memphis City Council Members -

Legislation by Sen. Lee Harris requiring local governments to hold a referendum before they take on “extraordinary” debt could run into opposition from his own City Council and municipal leaders across Tennessee.

10. Coming Up Roses -

Back in the 1970s, Scott McCormick was taking pictures of the Memphis Botanic Garden for the White Station High School yearbook.

11. Insure Your Love -

Ahhh, February. The month that we proclaim our love to the ones that we hold dear. Now that the roses are withered and the chocolates devoured, with only a few extra pounds to show for it, do you still feel the love? Our love is the glue that keeps our family close, but it won’t pay the bills if we aren’t here.

12. Google Teams With 3 Wireless Carriers to Combat Apple Pay -

SAN FRANCISCO (AP) – Aiming to undercut Apple's latest hit service, Google is teaming up with three major U.S. wireless carriers to prod more people into using its mobile wallet.

The counterattack announced Monday is just the latest example of how the competition between Google Inc. and Apple Inc. is extending beyond the technology industry's traditional boundaries. Besides payments, Silicon Valley's two richest companies are expanding into fields such as home appliances and cars to increase their power and profits.

13. Georgia Investor Buys Southeast Memphis Hotel -

A Georgia-based investor has purchased a Southeast Memphis hotel for $1 million.

The Inn at American Way LLC, operating in care of Atlanta-based businessman Amish Patel, bought the Home One hotel at 4300 American Way from Motel 6 Operating LP, according to a Feb. 10 warranty deed.

14. Developer Charlie Ryan Focusing on Central-Cooper Intersection -

765 Tanglewood St.
Memphis TN 38104
Sale Amount: $27,000

Sale Date: Feb. 9, 2015
Buyer: Charles S. “Charlie” Ryan
Seller: Cowles Development Company LLC
Details: Developer Charles S. “Charlie” Ryan has acquired a key piece of Midtown property.

15. Napa Auto Parts Store Sells for $1.4 Million -

A Hickory Hill auto parts store has been sold for $1.4 million.

California-based El El Sea LLC, operating in care of Atlanta-based Genuine parts Co., acquired the Napa Auto Parts store at 3505 Ridgeway Road from GP Memphis TN Landlord LLC, according to a Feb. 3 warranty deed.

16. Best Time to Buy Big-Ticket Items -

You’ve got money to spend, but is it the right time to spend it? Here’s what the experts say.

A European vacation

Dana Moore, a principal with HMS Investment Advisors, says now is the time to pull the trigger if you’ve been dreaming of a trip overseas.

17. High Flyer -

She does not want to tell this first story, the one that could have meant there would be no more stories. There is fear in sharing the story about how two airplanes nearly collided because she never wants to say anything that might dissuade people from flying.

18. St. Jude Opens $198 Million Kay Research and Care Center -

St. Jude Children’s Research Hospital opened its new $198 million Kay Research and Care Center Thursday, a facility the hospital says will usher in a new era of research, education, collaboration, care and treatment for the hospital.

19. Coca-Cola Awarded Incentives to Stay, Expand in Memphis -

Coca-Cola appears poised to grow its Memphis presence.

The city-county Economic Development Growth Engine awarded Coca-Cola Refreshments USA Inc. a 15-year tax break Wednesday, Feb. 18 to consolidate distribution operations in Memphis and West Memphis, Ark., into one facility in Memphis.

20. Hickory Hill Napa Auto Parts Store Sells for $1.4 Million -

A Hickory Hill auto parts store has been sold for $1.4 million.

California-based El El Sea LLC, operating in care of Atlanta-based Genuine parts Co., acquired the Napa Auto Parts store at 3505 Ridgeway Road from GP Memphis TN Landlord LLC, according to a Feb. 3 warranty deed.

21. Tennessee Lawmaker Operated Hog Farm Without Proper Permits -

NASHVILLE, Tenn. (AP) – A Republican lawmaker from northwestern Tennessee operated his hog farm without proper state permits, and an inspector said he was discouraged by upper management from enforcing violations.

22. Maines Paper & Food Service Continues Work in Arlington -

11420 Gulf Stream Road
Memphis, TN 38002
Permit Amount: $2.5 million

Permit Application Date: February 2015
Owner: W D Arlington LLC
Tenant: Maines Paper & Food Service
Details: More new construction is planned at the Maines Paper & Food Service cold-storage facility in Arlington.

23. Hopson Parses Charter School Strategy and Agenda -

There is the strategy of charter schools and there is the agenda of charter schools. And Shelby County Schools superintendent Dorsey Hopson talked about the difference last week as he spoke to a group of about 100 in a part of the city where charter schools and schools run directly by the state compete heavily with conventional Shelby County Schools.

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

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

25. Fairfield Inn & Suites Sells for $3 Million -

A Fairfield Inn & Suites by Marriott near Perkins Road and Interstate 40 in East Memphis has been sold for $3 million.

Suit & Tie Lodging LLC, operating in care of Iowa-based Hawkeye Hotels, bought the hotel at 4760 Showcase Blvd. from Leeward Strategic Properties LLC, operating in care of GE Capital Real Estate, according to a Feb. 5 special warranty deed.

26. Beyond Gaming -

Nearly 60 years ago – even before the Hernando DeSoto Bridge was built across the Mississippi River – Southland Park opened with greyhound dog racing in West Memphis.

Since then it has become Southland Park Gaming and Racing with gambling on horse races simulcast from Oaklawn as well as slot machines and table games.

27. Butler Snow Law Firm Expands in Nashville -

The Butler Snow law firm has launched an expansion of its Nashville office as the firm Walker, Tipps and Malone PLC joined the multi-state law firm based in Tennessee and Mississippi with offices in Memphis.

28. UAM's Keri Wright to Keynote Women & Business Seminar -

At age 18, she had her flight instructor’s certification. By 23, she was a corporate vice president and by 25 a chief operating officer.

Now 32, Keri Wright is chairman and CEO of Universal Asset Management, which buys, sells, leases, manages, disassembles and recycles a variety of commercial aviation assets from all over the world.

29. Fairfield Inn & Suites Sells for $3 Million -

A Fairfield Inn & Suites by Marriott near Perkins Road and Interstate 40 in East Memphis has sold for $3 million.

Suit & Tie Lodging LLC, operating in care of Iowa-based Hawkeye Hotels, bought the hotel at 4760 Showcase Blvd. from Leeward Strategic Properties LLC, operating in care of GE Capital Real Estate, according to a Feb. 5 special warranty deed.

30. Facebook, LinkedIn Join to Help Women in Tech -

MENLO PARK, Calif. (AP) – Facebook and LinkedIn want to boost dwindling numbers of women studying engineering and computer science with a collaborative initiative announced Friday that they hope will eventually fill thousands of lucrative Silicon Valley jobs long dominated by men.

31. Old Favorites -

A few years ago, Tandy Wilson, chef and owner of City House, offered this tip about earning his respect as a diner: Don’t tell me you’re a foodie, he said, tell me you’re a “regular.”

We were having a conversation about overuse of the term “foodie,” and how even though it can be a well-meaning label to show a person’s interest in a particular topic, it also can carry the snobbish weight of those who salivate over the trendiest dishes – and then salivate over their keypads to type a Yelp review after just one visit.

32. Brean Capital Looks to Expand, Grow in Memphis -

Brean Capital LLC arrived in Memphis a few months ago and sees 2015 as a year of forward momentum for the company, with a planned move to a new office as well as interest in adding to the firm’s local ranks.

33. Lifelong Fan -

YOU GOTTA LOVE ‘EM. When some fall in love, falling headlong and defenseless, even despite subsequent events and the weight of time and change, never mind the disappointment and the heartbreak – never mind life – the love remains because that fall and the feel of it last a lifetime.

34. Word of Mouth Still Crucial for Adding Sales -

Building the customer base of a small business is not the same challenge it was 10 years ago. As digital content grows and it becomes more affordable to access, business owners are competing with more voices to be heard by potential customers.

35. Shelby Farms Conservancy Seeks $7.2 Million in Permits -

6093 N Patriot Lake Blvd.
415 E. Patriot Lake Blvd.
Memphis, TN 38118
Permit Amount: $7.2 million

36. Council Gives Third Look at Beale Street Authority -

For a third consecutive session, Memphis City Council members are scheduled to vote Tuesday, Feb. 3, on establishing a Beale Street Tourism Development Authority.

The resolution establishing the authority to oversee and further develop the entertainment district was delayed two weeks ago as some council members, led by Harold Collins and Wanda Halbert, talked about the council approving actions of the development authority.

37. Barbie Blues Gave Mattel Holiday Disappointment -

Slumping sales of Barbie did little to bring a happy holiday to her maker, Mattel Inc.

Mattel's fourth-quarter earnings release Friday drilled down into the details of a weak performance that led to the resignation of its chairman and CEO.

38. Trezevant Selects New Chief Operating Officer -

Kent Phillips has been named chief operating officer of Trezevant, a continuing care community at 177 N. Highland St. in Memphis. Phillips has more than 25 years of experience in managing retirement communities.

39. Agency Services Appoints New Partner and COO -

Angie Pettinger has been appointed as partner and chief operating officer at Agency Services Inc.

She’s filled several leadership roles at the company, a full-service life and health brokerage agency, since joining in 1994. She was originally recruited to lead the firm’s third-party administration division and went on to become a member of the senior leadership team.

40. Airport Business Park Sells for $4.7 Million -

A group affiliated with a Dallas-based commercial real estate financing company has acquired Airport Business Park at a significant discount.

CRE ABP Memphis LLC, which is affiliated with Dallas-based Gearing Capital Partners Inc., bought Airport Business Park from Allegiance Realty Corp. for $4.7 million, according to a Jan. 21 warranty deed.

41. Drowning in Student Loan Debt -

Three-and-a-half years after graduating from the University of Tennessee-Knoxville, Yasameen Hoffman is still trying to land the kind of full-time job that will help her start paying off her student loan.

42. 100 North Main Seeks Historic Designation -

An effort to redevelop a Downtown skyscraper may have received a boost this week. A state board is recommending that the tower at 100 N. Main St. be listed on the National Register of Historic Places, a move that could allow the owner to seek tax credits and grants to redevelop the building.

43. Wharton Defends, Touts Record at State of the City -

Memphis Mayor A C Wharton Jr. defended and touted Thursday, Jan. 29, his administration’s pursuit of the economic development projects that his challengers in the October city elections will likely use to make their case.

44. Woodstock High School Plans Change -

Last year when Shelby County Schools leaders began planning to change attendance zones to reconfigure student assignments to take into account the demerger of public education in Shelby County, the plan for a new Woodstock High School drew cheers from parents in the northwest Shelby County area.

45. School Board Approves Settlement Over 2008 Funding Cut -

Nearly six years after it began, the Shelby County Schools system and the city of Memphis have settled their differences over the city council’s 2008 decision to cut funding to what was then the Memphis City Schools system.

46. Agency Services Appoints New Partner and COO -

Angie Pettinger has been appointed as partner and chief operating officer at Agency Services Inc.

She’s filled several leadership roles at the company, a full-service life and health brokerage agency, since joining in 1994. She was originally recruited to lead the firm’s third-party administration division and went on to become a member of the senior leadership team.

47. Randy Odom Named CEO of Memphis Athletic Ministries -

Randy Odom has been named president and chief executive officer of Memphis Athletic Ministries. Odom joined MAM in 2006 as a neighborhood center director and became chief operating officer in 2012. In his new role, he oversees all operations and programming for 10 neighborhood youth centers that serve more than 900 underserved youth after school each day.

48. Trezevant Selects New Chief Operating Officer -

Kent Phillips has been named chief operating officer of Trezevant, a continuing care community at 177 N. Highland St. in Memphis. Phillips has more than 25 years of experience in managing retirement communities.

49. Airport Business Park Sells for $4.7 Million -

A group affiliated with a Dallas-based commercial real estate financing company has acquired Airport Business Park at a significant discount.

CRE ABP Memphis LLC, which is affiliated with Dallas-based Gearing Capital Partners Inc., bought Airport Business Park from Allegiance Realty Corp. for $4.7 million, according to a Jan. 21 warranty deed.

50. Fairgrounds Plan Draws Different Opinions -

The first renderings of a recast Mid-South Fairgrounds offered years ago are just one misstep early on that continues to plague the project still in search of specific private partners.

The conceptual drawings were heavy on baseball diamonds when the idea of two mayoral administrations at City Hall was and remains more soccer fields, basketball courts and a multi-purpose sports facility along with baseball diamonds.

51. Postal Service Proposes Small Rate Increase -

The U.S. Postal Service has proposed slight increases for mailing postcards and international letters – but wants to leave first-class "Forever" stamps at their present 49 cents.

Under a Jan. 15 filing with the Postal Regulatory Commission, letters to international destinations would rise from $1.15 to $1.20. Postcards would rise from 34 cents to 35 cents.

52. Keller Named President of Baker Donelson -

Jennifer P. Keller is the new president and chief operating officer of the Baker Donelson law firm, effective April 1, the law practice announced Tuesday, Jan. 20.

Keller succeeds Jerry Stauffer in the position. Stauffer has held the position for 10 years, during which the Tennessee-based firm has grown to more than 650 attorneys in 19 offices in seven states and Washington, D.C.

53. First Horizon Ends 2014 on Upswing -

The parent company of First Tennessee Bank wrapped up its 150th anniversary year by delivering $213 million in net income to shareholders, up from $24 million for 2013.

54. Reports: Google Planning to Sell Wireless Phone Service -

SAN FRANCISCO (AP) – Google is planning to sell wireless phone service directly to consumers using the networks of Sprint and T-Mobile, according to reports published Wednesday.

If everything falls into place, Google Inc. could offer discounted wireless data plans that would pressure other major carriers to offer better deals and services or risk losing customers to a powerful rival.

55. Microsoft Shows Off Windows 10 and 'HoloLens' -

REDMOND, Wash. (AP) – Microsoft has taken the wraps off a new version of Windows – and a new wearable 3D gadget it calls the HoloLens.

The HoloLens is worn over the eyes like virtual reality headsets. While it's unclear when it might be available for sale, a Microsoft engineer showed how it could be used to view and edit three-dimensional renderings of people, machines or other objects.

56. Keller Named President of Baker Donelson -

Jennifer P. Keller is the new president and chief operating officer of the Baker Donelson law firm, effective April 1, the law practice announced Tuesday, Jan. 20.

Keller succeeds Jerry Stauffer in the position. Stauffer has held the position for 10 years, during which the Tennessee-based firm has grown to more than 650 attorneys in 19 offices in seven states and Washington, D.C.

57. Postal Service Proposes Small Rate Increase -

The U.S. Postal Service on Thursday proposed slight increases for mailing postcards and international letters – but wants to leave first-class "Forever" stamps at their present 49 cents.

Under a filing with the Postal Regulatory Commission, letters to international destinations would rise from $1.15 to $1.20. Postcards would rise from 34 cents to 35 cents.

58. Caesars Tunica Casinos Open, Despite Bankruptcy -

Despite the company’s Chapter 11 bankruptcy filing, Caesars Entertainment casino properties in Tunica are open for business, the company says, adding that all operations at Horseshoe Tunica and Tunica Roadhouse continue as normal.

59. Hitting the Accelerator -

Five years after the Great Recession rocked the nation and nearly destroyed auto manufacturing in Tennessee, the Midstate’s industry is booming again.

Nissan’s growth is no small part of that, largely because of the company’s confidence in the state of Tennessee and Gov. Bill Haslam, according to José Muñoz, executive vice president of Nissan Motor Co. and chairman of Nissan North America, which is headquartered in Franklin.

60. Caesars Tunica Casinos Open, Despite Bankruptcy -

Despite the company’s Chapter 11 bankruptcy filing, Caesars Entertainment casino properties in Tunica are open for business, the company says, adding that all operations at Horseshoe Tunica and Tunica Roadhouse continue as normal.

61. Tentative Deal Limits Role of Beale Street Development Corp. -

In the beginning of the redevelopment of Beale Street, city leaders of the late 1970s put in place the Beale Street Development Corp. in a role they saw as a cultural guardian of the district between Fourth and Second streets.

62. BSDC to Exit as Beale Landlord, Keep Old Daisy -

The Beale Street Development Corp. would no longer be the landlord of the Beale Street Entertainment District under terms of a tentative agreement with the city of Memphis.

But the nonprofit corporation that has been part of the three-headed arrangement for running and controlling Beale Street since the late 1970s would get up to $120,000 a year out of the net income the city makes from the street.

63. Federal Deficit in October-December Up Slightly at $176.7 Billion -

WASHINGTON (AP) – The federal deficit for the first three months of the budget year is up slightly from the same period a year ago, reflecting the absence of a special payment from mortgage company Freddie Mac that helped narrow the gap in 2014.

64. TennCare Ends Contract With Computer Vendor -

NASHVILLE, Tenn. (AP) – TennCare says it is ending its contract with computer vendor Northrop Grumman Corp. and will find another company to develop a computer system to determine Medicaid eligibility.

65. Fred’s Names New Chief Operating Officer -

Discount merchandiser Fred’s Inc. has tapped a new president and chief operating officer, a key hire that adds to a fresh executive team for the retailer.

Effective Jan. 12, Michael Bloom has joined Fred’s as president and COO, bringing to the company more than 30 years of experience in small-box general merchandising, supply chain management and store operations. He’s seen the industry from vantage points that include stints at companies like Family Dollar Stores Inc., where he likewise was president and COO, and at CVS Caremark Corp, where he held a variety of positions.

66. Federal Reserve Paid Government Record $98.7 Billion in 2014 -

WASHINGTON (AP) – The Federal Reserve announced Friday that it paid the federal government a record $98.7 billion in 2014, a payment that reflects the central bank's earnings from holdings of Treasury bonds and mortgage-backed securities purchased to keep long-term interest rates low to boost the economy.

67. Paragon Hires Business Development Officer -

Paragon Bank has added a business development officer who’s also a veteran of a prominent Memphis investment firm.

68. Two Tennessee Towns Losing Nearly 2,000 Jobs -

Two Tennessee towns will lose nearly 2,000 jobs over the next three years as Goodman Manufacturing moves the positions to a new plant being built in Texas.

Media report Goodman officials announced on Tuesday that the company plans to consolidate operations at an all-inclusive campus in Houston, which is expected to open in 2016. Daikin Industries Ltd. acquired Goodman, which manufactures heating, cooling and refrigerant products, in 2012.

69. Two Tennessee Towns Losing Nearly 2,000 Jobs -

Two Tennessee towns will lose nearly 2,000 jobs over the next three years as Goodman Manufacturing moves the positions to a new plant being built in Texas.

Media report Goodman officials announced on Tuesday that the company plans to consolidate operations at an all-inclusive campus in Houston, which is expected to open in 2016. Daikin Industries Ltd. acquired Goodman, which manufactures heating, cooling and refrigerant products, in 2012.

70. Tanger Outlets Confirms Southaven Involvement -

Tanger Factory Outlet Centers Inc. has confirmed what The Daily News first reported in December: It will play a key role in the development of a massive outlet mall in Southaven.

71. Harris Goes to Nashville -

At his last Memphis City Council session, Lee Harris reflected this week on his three years on the council and the group of politicians he joined.

72. TV Makers Design for Streaming Video to Stay Relevant -

LAS VEGAS (AP) – Does anyone just watch TV anymore? The dramatic shift toward online and mobile viewing is driving television set makers to design as much for streaming video as for watching broadcast or cable channels.

73. Departing Postmaster General Slams Banking Duties Proposal -

WASHINGTON (AP) – Retiring Postmaster General Patrick R. Donahoe scoffed Tuesday at suggestions that the Postal Service could ease some of its chronic financial woes by branching out and offering basic banking services to its customers.

74. Report: Agency Should Abandon Plans to Buy New Drones -

WASHINGTON (AP) – The Homeland Security Department's border drones program costs far more than the government estimates, helps in the arrests of just a fraction of the number of people trying to cross the border illegally and flies far fewer hours than the government claims, an internal watchdog asserted in a report released Tuesday.

75. Final Mothballing Underway at Verso Mill in Maine -

PORTLAND, Maine (AP) – A handful of employees at the shuttered Bucksport paper mill will likely remain as caretakers until a metal recycling company takes over the property, the owners said.

76. Loeb Acquires Newby’s Restaurant Space -

Memphis-based Loeb Properties has acquired one of the most venerable locations on the Highland strip.

Loeb purchased the long-time home of club and restaurant Newby’s at 535 and 539 Highland St. from Paragon Bank. A purchase price was not disclosed Friday, Jan. 2.

77. Command and Control -

On the fourth floor of Module F at a non-descript but sprawling FedEx campus nestled between Winchester Road and Shelby Drive on Airways Boulevard, a massive video wall featuring 36 40-inch LED screens displays real-time information on global weather patterns and the locations of hundreds of FedEx Express jets.

78. Wesley Housing Names New CEO -

The Wesley Housing Corp. of Memphis Inc. board of directors has announced that Jim Nasso, current president and chief operating officer, will become chief executive officer following CEO Larry Kaler’s retirement Dec. 31.

79. Apperson Crump Names New Chief Manager -

Joe Aldridge will become chief manager at Apperson Crump PLC on Jan. 1.

Aldridge, an attorney at Memphis' oldest continuously operating law firm, succeeds Richard Myers. He's also rated among U.S. News and World Report's "Best Lawyers in America."

80. Memphis Resolutions -

The end of the year hastens a season of resolutions about the year ahead, resolutions about what to include on the blank canvas of a new year.

No matter who you are, the road to 2015 starts at the same place – through the experience of 2014. With that in mind, we surveyed many of the people we’ve covered in these pages in the last year to talk about the possibilities ahead.

81. Apperson Crump Names New Chief Manager -

Joe Aldridge will become chief manager at Apperson Crump PLC on Jan. 1.

Aldridge, an attorney at Memphis’ oldest continuously operating law firm, succeeds Richard Myers. He’s also rated among U.S. News and World Report’s “Best Lawyers in America.”

82. Big League Movers is on the Move -

Big League Movers is on the move and yes, they’ll be doing the moving themselves.

The Memphis-based company, which can handle virtually every type of moving need from residential moves to corporate relocations, is moving its office headquarters to a 4,000-square-foot space at the Minglewood Hall complex at 1559 Madison Ave. to accommodate more growth.

83. Drones Become Popular Holiday Gifts -

NEW YORK (AP) – Santa's sleigh isn't the only thing flying this holiday season.

Drones – flying devices that often carry cameras and can be navigated remotely by smartphones or controllers – have "taken off" as popular gifts as novices have become just as interested in the devices as serious hobbyists. The demand has grown as the industry and government are working together to address safety concerns.

84. Wesley Housing Corp. Names New CEO -

The Wesley Housing Corp. of Memphis Inc. board of directors has announced that Jim Nasso, current president and chief operating officer, will become chief executive officer following CEO Larry Kaler’s retirement Dec. 31.

85. City, County Catch Late-Year Economic Development Surge -

Through September, things were looking somewhat bleak for Memphis and Shelby County on the economic development front.

At that point in the year the city and county were on pace to tie a record low for the number of payments-in-lieu-of-taxes, or PILOT, agreements granted to companies in a year. While granting fewer tax incentives could be viewed as good news because companies were more fiscally sound or confident about operating in Memphis and Shelby County, the lower level of activity represented a dip in the level of economic investment in the area.

86. Caesars Entertainment to Buy Affiliate -

LAS VEGAS (AP) – Caesars Entertainment Corporation says it will buy an affiliate as it tries to smooth the reorganization of a struggling division and balance its debt load.

87. It's Down to the Wire for Online Shopping -

ATLANTA (AP) – As the holiday shopping season winds down, FedEx, UPS and online retailers are using the last few days to try to avoid the problems that occurred last year when severe winter weather and a surge in late orders from shoppers caused delivery delays.

88. 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.

89. 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.

90. 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.

91. 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.

92. 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.

93. 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.

94. 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.

95. 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.

96. 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.

97. 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.

98. 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.

99. Milhaus Acquires Highland Row Property -

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

100. 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.