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Editorial Results (free)

1. Is State’s Role to Provide a Service or Turn a Profit? -

Tennessee Gov. Bill Haslam appears to be on the brink of privatizing state government. But he won’t be able to do it without a battle, especially from university unions and Democratic lawmakers.

2. Memphis Call Center Added As PILOT Resource -

A Memphis-based national call center has been added as a new resource for companies getting tax breaks in Memphis.

Operating in Clark Tower, at 5100 Poplar Ave., Ashaun LLC is now available to work with participating payment-in-lieu-of-taxes recipients as a diverse supplier under the “contracting services” component of the program.

3. Loss of Confidence or Loss Of Overconfidence? -

As you already know, markets have gyrated wildly over the last eight trading days. While suspicions of crisis have developed, the market has behaved as if crisis were already upon us.

Broad measures of volatility recorded record gains last week, market mechanics fractured at Monday, Aug. 24’s open and ETF prices became dramatically disconnected from underlying value.

4. Google Tries to Woo iPhone Owners With Android Watch App -

SAN FRANCISCO (AP) — Google is introducing an application that will connect Android smartwatches with Apple's iPhone, escalating the rivals' battle to strap their technology on people's wrists.

5. What's in a Billion? Facebook Users Hit Milestone in 1 day -

NEW YORK (AP) — A billion people logged in to Facebook on a single day this week, marking the first time that many members used the world's largest online social network in a 24-hour period. The number amounts to one-seventh of the Earth's population.

6. UTHSC Pursuing Hotel-Conference Center in Medical District -

The University of Tennessee Health Science Center is looking for a developer to build a hotel and conference center at the southwest corner of Madison Avenue and South Pauline Street.

7. Memphis Surgeon Performs Cutting-Edge Procedure -

Dr. Daniel Lee of the Memphis Obstetrics and Gynecological Association has successfully performed a single-site robot hysterectomy.

The surgical procedure is one that only requires a single, small incision hidden in the navel and offers patients a significant reduction in pain, recovery time and scarring when compared to multiple, small incisions for laparoscopic surgeries or a large incision for an open hysterectomy.

8. FedEx Trade Networks Taps Udo Lange as New COO -

FedEx Trade Networks has appointed a new chief operating officer to help lead the freight forwarding and customs brokerage division of FedEx Corp.

9. Retailer Fred’s Discloses Information Breach -

Fred’s Inc. has disclosed a breach of two company servers through which payment card data is routed.

In a recent regulatory filing, the retailer said it made the determination after an investigation by a third-party cybersecurity firm. According to Fred’s, that investigation uncovered the presence of malware on the two servers starting March 23, operating on one server through April 8 and on the other until April 24.

10. The Remarkable Life of Dr. Richard Briggs -

Richard Briggs is recognized in East Tennessee as a respected heart and lung surgeon, a one-time county commissioner and most recently an elected state senator, the Republican who defeated Stacey Campfield in 2014, ending his rather colorful tenure in the General Assembly.

11. Haslam: No Discussion With AG About Supreme Court Vacancy -

MURFREESBORO, Tenn. (AP) — As observers wait to see whether Attorney General Herbert Slatery has any interest in filling an upcoming vacancy on the Tennessee Supreme Court, Gov. Bill Haslam said he hasn't had any discussion about it with his close friend and former top legal adviser.

12. Beating the Odds -

Independent bookstores tend to mean something special to lovers of the printed word. They aren’t just places of commerce, even for their owners, but a sanctuary for something in danger of slipping away in an increasingly digital world.

13. Lenoir: ‘Is It Time for a Tax Decrease?’ -

Shelby County Trustee David Lenoir says the $22 million extra in property tax revenue his office collected during the past fiscal year appears to be a trend of improving health in the local economy.

14. Verso to Lay Off 600 in Maine, Kentucky -

Verso Corp. is permanently eliminating 300 jobs in Maine and laying off another 300 in Kentucky as it reduces production of coated paper and dried market pulp.

15. Target Is Getting its Groove Back: Turnaround Takes Hold -

NEW YORK (AP) — Target is on its way back.

Shoppers are visiting the company's stores more often and spending more on each trip, the Minneapolis-based discount-store chain said Wednesday. The company raised its annual profit outlook and said its second-quarter net income more than tripled.

16. Retailer Fred’s Discloses Information Breach -

Fred’s Inc. has disclosed a breach of two company servers through which payment card data is routed.

In a recent regulatory filing, the Memphis-based retailer said it made the determination after an investigation by a third-party cybersecurity firm. According to Fred’s, that investigation uncovered the presence of malware on the two servers starting March 23, operating on one server through April 8 and on the other until April 24.

17. Less Invasive Heart Treatment Now Available in Memphis -

A groundbreaking treatment that serves as a minimally invasive alternative for patients too old, sick or weak to endure open heart surgery is now being offered in Memphis.

A pair of Stern Cardiovascular doctors, working with the valve team at Baptist Memorial Hospital-Memphis, has begun treating patients suffering from mitral regurgitation, in which a faulty valve causes blood to leak back in the heart. The first examples of using what’s called a MitraClip device were completed at Baptist Memphis, where the Stern doctors worked in special operating rooms to attach what are basically metal clips used to shut the problem area.

18. Developers Seek $24.4 Million Tax Break for Mall Site -

The owners of the former Mall of Memphis property are seeking a 15-year tax break for a $112.7 million “Aerotropolis development.”

Huntington Industrial Partners of Atlanta and Johnson Development Associates Inc. of Spartanburg, S.C., have applied for the payment-in-lieu-of-taxes, or PILOT, agreement for a speculative industrial building on the 113-acre site at American Way and Perkins Road.

19. Long-Delayed Nuclear Reactor Requests Operating License -

SPRING CITY, Tenn. (AP) – The Tennessee Valley Authority is on track to open the nation's first new nuclear generating plant of the 21st century.

The public utility says it has sent a letter to the Nuclear Regulatory Commission requesting an operating license for the Watts Bar Unit 2 nuclear reactor.

20. $113 Million Development Planned for Mall of Memphis Site -

The owners of the former Mall of Memphis property are seeking a 15-year tax break for a $112.7 million “Aerotropolis development.”

Huntington Industrial Partners of Atlanta and Johnson Development Associates Inc. of Spartanburg, S.C., have applied for the payment-in-lieu-of-taxes, or PILOT, agreement for a speculative industrial building on the 113-acre site at American Way and Perkins Road.

21. Memphis Surgeon Performs Cutting-Edge Procedure -

Dr. Daniel Lee of the Memphis Obstetrics and Gynecological Association has successfully performed a single-site robot hysterectomy.

The surgical procedure is one that only requires a single, small incision hidden in the navel and offers patients a significant reduction in pain, recovery time and scarring when compared to multiple, small incisions for laparoscopic surgeries or a large incision for an open hysterectomy.

22. FedEx Trade Networks Taps Udo Lange as New COO -

FedEx Trade Networks has appointed a new chief operating officer to help lead the freight forwarding and customs brokerage division of FedEx Corp.

23. Google Forms a New Holding Company, 'Alphabet' -

SAN FRANCISCO (AP) — Google is creating a new company to oversee its highly lucrative Internet business and a growing flock of other ventures, including some — like building self-driving cars and researching ways to prolong human life — that are known more for their ambition than for turning an immediate profit.

24. US Postal Service Reports $586M Net Loss for Spring -

WASHINGTON (AP) — The U.S. Postal Service on Monday reported a net loss of $586 million this spring, a big improvement for the cash-strapped agency compared to a nearly $2 billion loss during the same period last year.

25. Despite Data, Tennessee Not Declaring Prison Emergency -

NASHVILLE, Tenn. (AP) — Despite recent data that shows the Tennessee prison system is at a capacity level that could allow for an overcrowding emergency to be declared, Gov. Bill Haslam and state's Department of Correction say no overcrowding emergency exists.

26. Defining ‘Worthy’ Can Be Tricky -

We noticed that people – including ourselves – talk about “worthy” causes, and in many ways the phrase is a “seal of approval.”

Yet what’s “worthy” to one person or group, isn’t necessarily “worthy” to another. The phrase assumes shared values, but doesn’t always make clear what those values are, or why the cause is worthy.

27. Moving Slowly, Growing Quickly -

Time was, crossing Lower Broadway safely only meant dodging woozy country music fans, speeding cabs and the occasional errant tour bus.

They’re all still there, but they’ve been joined by a wide and growing variety of small-motor or human-powered vehicles shuttling residents and tourists in and around downtown Nashville.

28. Unlikely Path -

It all started on whim. Cassius Cash was on his way to band practice at the University of Arkansas when he decided to practice his interview skills instead.

“Someone informed me the (U.S.) Forest Service was doing recruitment, but I had no intention of going in there and landing the internship,” says Cash of that interview for a wildlife biologist internship. “I thought the interview was about as far as I was going to go to chase my dreams.”

29. Director of Tennessee Food Program Resigns, Criticizes Leadership -

NASHVILLE, Tenn. (AP) — The director of an $80 million food program for impoverished children has resigned following a story in The Tennessean reporting at least $1.8 million in questionable spending last year by contractors.

30. High-End Car Salesman Sentenced for Fraud -

A luxury automobile salesman has been sentenced to 80 months for “operating a scheme that defrauded individuals of more than $2 million,” according to the office of the U.S. Attorney for West Tennessee.

31. International Paper Reports Second-Quarter Earnings Growth -

International Paper reports its second-quarter net earnings grew while net sales for the quarter decreased slightly.

The Memphis-based company, which released its quarterly financial results Wednesday, July 29, said second-quarter net earnings totaled $227 million, or 54 cents per share. That’s up from $161 million, or 37 cents per share, in second quarter 2014, but down from $313 million, or 74 cents per share, in first quarter 2015.

32. Tax Revenue Reopens Budget Wounds -

The largest portion of $22 million in extra tax revenue collected by Shelby County Trustee David Lenoir will go to local public education, county commissioners said Monday, July 27.

33. Ford Surprises in 2Q With Record North American Profit -

DEARBORN, Michigan (AP) — Ford Motor Co.'s net income jumped 44 percent to $1.9 billion in the second quarter as global sales rose and customers paid more for new trucks and SUVs with premium features.

34. Commission Rejects Cordova Pay Day Loan Business, Spars Over Tax Collections -

Shelby County Commissioners approved Monday, July 27, renaming the Shelby County Courthouse at 140 Adams Ave. in honor of the late Circuit Court Judge and civil rights activist D’Army Bailey.

35. Houston Levee Apartments In Cordova Fetch $17.5M -

9940 Paddle Wheel Drive
Cordova, TN 38016

Sale Amount: $17.5 million

Sale Date: July 9, 2015

36. ‘Play Together’ -

The Memphis Medical Center is a hotbed of nationally renowned research and health care, but after dark the area might as well be dead.

Despite a workforce of 16,000 and a student base of 8,000, there are limited residential facilities and only a handful of nearby restaurants. But that’s all poised to change thanks to a partnership with an outside consulting group.

37. Commission Considers Statue Move, Bailey Honor -

Shelby County Commissioners consider Monday, July 27, whether to get involved in the city’s plan to move a statue of Nathan Bedford Forrest out of the city park once named for the Confederate general, slave trader and Ku Klux Klan Grand Wizard.

38. Midtown’s Hermitage Apartments Sell for $1.3M -

According to a warranty deed filed July 15, the Hermitage Apartments located at 1103 South Cooper St. in Midtown sold for $1.3 million.

39. Methodist Healthcare Joins Mayo Clinic Care Network -

Methodist Healthcare has joined the Mayo Clinic Care Network, a partnership that’s been about a year in the making and adds the Memphis-based institution to a national network of health care providers.

40. One Week Later, Darrius Stewart Shooting Frames Larger Debate -

The best indication the public has of how Darrius Stewart died is a YouTube video of his encounter Friday, July 17, with Memphis Police on Winchester Road.

It’s dark, it’s hard to make out key details and there is a lot happening in and out of the frame.

41. Dunavant Bulks Up in Memphis, Texas -

Richard McDuffie was busy working in his East Memphis office when a company representative delivered the news.

42. Methodist Joins Mayo Clinic Care Network -

Methodist Healthcare has joined the Mayo Clinic Care Network, a partnership that’s been about a year in the making and adds the Memphis-based institution to a national network of health care providers.

43. Reaction Grows to Stewart Shooting -

The NAACP’s Memphis branch called Wednesday, July 22, for the Tennessee Bureau of Investigation to go public with the results of its investigation into the shooting death of Darrius Stewart by Memphis Police office Connor Schilling.

44. Midtown’s Hermitage Apartments Sell for $1.3M -

According to a warranty deed filed July 15, the Hermitage Apartments located at 1103 South Cooper St. in Midtown sold for $1.3 million.

45. Ikea Buys Cordova Acreage For Planned Memphis Store -

41 Acres for
Future Ikea Store

Sale Amount: $5.7 million

Sale Date: July 10, 2015

Buyer: IKEA Property Inc.

46. More Things To Know Before Proposal Writing -

Last week’s column focused on six basic things you should know before writing a proposal. Here, we address three more nuanced things to consider.

Some nonprofits create a “boiler plate” proposal and send it out to as many foundations and corporations as possible, hoping to “get a hit.” That is one strategy, and sometimes it is appropriate. Making small modifications to a standard proposal is efficient, particularly when seeking to secure sponsorships and smaller grants. In general, we suggest a more targeted approach.

47. Google Shareholders Revel in Record 1-Day Windfall of $65.1 Billion -

SAN FRANCISCO (AP) – Google's stock roared out of a long slumber Friday to produce the biggest shareholder windfall in U.S. history as investors rewarded the Internet company for promising to curb its spending on risky projects.

48. Merger Creates Opportunities for Nonprofit Communities Unlimited Inc. -

If a small business is seeking a loan, nonprofit Communities Unlimited Inc. will sell the fuel along with a free diagnostic checkup.

49. REIT Buys Sears Properties in Sale-Leaseback -

In part of a major transaction to increase cash flow and make their retail spaces more productive, Sears Holdings Corp. sold four Memphis properties to its newly formed public real estate investment trust, Seritage Growth Properties, for a combined $17.6 million.

50. Corky’s Offering Fresh Meals at New Germantown Kroger -

The new Kroger store in Germantown will offer hot dishes of Corky’s Ribs & BBQ when it opens next month.

Kroger reached an agreement with Corky’s to serve select items, including ribs, pork shoulder and chicken prepared onsite, at the new store at 7735 Farmington Blvd., which is set to open Aug. 12. Corky’s beans, potato salad, cole slaw and banana pudding also will be available.

51. Resurrection Health Expands With Whitehaven Clinic -

A faith-based, evangelical health service organization that’s only halfway through its first year of existence has opened a second clinic to help support its mission of addressing health care disparities in Memphis.

52. Apple's Updates iPod Touch Amid Declining Sales -

NEW YORK (AP) – Although the iPod's popularity has waned, Apple is updating its music player for the first time in nearly three years by giving the flagship Touch model a faster processor and better cameras.

53. Tennessee’s ‘Fighting 26’ Democrats Work to Stay Relevant -

Sometimes Tennessee Democrats must feel like a tree that falls in the forest: Does anyone hear them?

When Democratic legislative leaders called for a special session this summer on Insure Tennessee, Gov. Bill Haslam’s market-based plan to use federal dollars to catch 280,000 working people in a health care coverage gap, they found themselves alone.

54. REIT Buys Sears Properties in Sale-Leaseback Transaction -

In part of a major transaction to increase cash flow and make its retail spaces more productive, Sears Holdings Corp. sold four Memphis properties to its newly formed public real estate investment trust, Seritage Growth Properties, for a combined $17.6 million.

55. One Beale Nabs 20-Year Tax Freeze -

The developers behind One Beale have earned key pieces of the public-private partnership they say is necessary to pursue the twin tower project overlooking the Mississippi River.

Memphis-based Carlisle Corp. on Tuesday, July 14, received a 20-year payment-in-lieu-of-taxes incentive and a $10 million contribution toward a public parking garage from the Center City Revenue Finance Corp.

56. State Audit Uncovers Millions in Questionable Spending -

NASHVILLE, Tenn. (AP) – An audit of the Tennessee Department of Human Services found a lack of oversight led to at least $1.8 million in questionable spending last year from contractors operating programs to feed the needy. In 2013, the questioned costs were $4.3 million. And that is just in the small sample of agencies auditors reviewed.

57. Corky’s Offering Fresh Meals at New Germantown Kroger -

The new Kroger store in Germantown will offer hot dishes of Corky’s Ribs & BBQ when it opens next month.

Kroger reached an agreement with Corky’s to serve select items, including ribs, pork shoulder and chicken prepared onsite, at the new store at 7735 Farmington Blvd., which is set to open Aug. 12. Corky’s beans, potato salad, cole slaw and banana pudding also will be available.

58. 6 Things to Know When Writing a Proposal -

Summer reading is highlighted in Oprah and other magazines each year. A good read is great to enjoy on the beach or curled up on a lawn chair. But what about a good summer write?

That’s right – start writing now to help the money come in at the end of the year, or perhaps next spring. That’s how it’s done. Writing proposals now prevents future complaints such as, “How can I write that proposal in just three days?” It’s called planning ahead.

59. Sankey Launches SEC Media Days With Steady Hand -

HOOVER, Ala. – Not only is it a new season for each of the Southeastern Conference’s 14 football teams, but it’s also a new day in the commissioner’s office.

Mike Slive retired after 13 years at the helm, as SEC football became dominant enough to claim seven straight national tiles from 2006-2013. Thus, Slive’s annual address at SEC Football Media Days would include what he called his “Brag Bag.”

60. Teen Truckers? Bill Would Drop Big-Rig Driver Age to 18 -

WASHINGTON (AP) – Parents may hesitate to hand teens the keys to the family car, but Congress is proposing to allow drivers as young as 18 to get behind the wheel of big rigs on the nation's interstates

61. American Airlines Trims Plans to Increase Flights This Year -

American Airlines is scaling back its plans for more flying this year amid signs that average fares are declining, and the announcement set off a rally in airline stocks.

Wall Street analysts have been urging the airlines to scale back growth plans to prevent fares from falling, but it was unclear whether airlines would continue to talk about their capacity plans after last week, when the U.S. Department of Justice began investigating possible collusion among the carriers.

62. Boner, Fate and the Summer of Shame -

Phil Bredesen knew what he was trying to do. He just didn’t know if he could accomplish it.

“I had this sense that Nashville was ready for change,” says the former Metro mayor and Tennessee governor, reflecting on his early motivation for taking on the system that had run Nashville for decades.

63. Council Approves Pinch Moratorium, Delays Vote On Civilian Police Review Board -

Memphis City Council members approved a 120-day moratorium Tuesday, July 7, on new building permits in the Pinch district as they also approved a planned development in the Downtown district.

The moratorium proposed by council member Berlin Boyd allows the council to grant waivers on a case-by-case basis during the four-month period. During the fourth months, the Memphis-Shelby County Office of Planning and Development will come up with some suggested guidelines for future development of the district that borders the reactivated Pyramid.

64. Council Approves Pinch Moratorium, Delays Vote On Civilian Police Review Board -

Memphis City Council members approved a 120-day moratorium Tuesday, July 7, on new building permits in the Pinch district as they also approved a planned development in the Downtown district.

The moratorium proposed by council member Berlin Boyd allows the council to grant waivers on a case-by-case basis during the four-month period. During the fourth months, the Memphis-Shelby County Office of Planning and Development will come up with some suggested guidelines for future development of the district that borders the reactivated Pyramid.

65. Council Approves Pinch Moratorium, Delays Vote On Civilian Police Review Board -

Memphis City Council members approved a 120-day moratorium Tuesday, July 7, on new building permits in the Pinch district as they also approved a planned development in the Downtown district.

The moratorium proposed by council member Berlin Boyd allows the council to grant waivers on a case-by-case basis during the four-month period. During the fourth months, the Memphis-Shelby County Office of Planning and Development will come up with some suggested guidelines for future development of the district that borders the reactivated Pyramid.

66. Cycling Ahead -

Unless you've seen the ubiquitous stations in cities like Knoxville and Nashville, it's difficult to imagine how bike sharing could connect Memphis.

Tourists and citizens can check out a bike on a per-ride or membership basis and return it to a separate station when they've reached their destination.

67. Wonder Bread Bakery Under Contract -

The former Wonder Bread bakery at 400 Monroe Ave. could soon have a new owner.

The bakery, idled by a labor strike before being sold in 2013, is under contract to a potential buyer, according to a commercial real estate broker.

68. A Zoo With a View Toward Conservation -

Two western lowland gorilla babies were born at the Knoxville Zoo in June. Around the same time, a rare snake and an equally rare piglike little thing made their debuts, as well.

Few things are cuter than baby animals, and they can be quite a draw when the public can view them.

69. Kuehne Nagel Acquiring Memphis Intermodal Firm -

Kuehne + Nagel, a Swiss logistics company with a large local presence, is acquiring Memphis-based ReTrans Inc., an intermodal transportation management company with more than $500 million in annual revenue.

70. Dunavant-Owned Destin Resort On Track to Open Next Summer -

Work continues moving forward at a splashy new Destin resort owned by Memphis-based Dunavant Enterprises Inc.

71. Shelby County Commission Explores Hiring Own Attorney -

Shelby County Commissioners will tie up the loose ends of their budget season Monday, July 6, and are exploring some longer-term changes in the body’s relationship to the Shelby County mayor, including a possible move to hire its own attorney.

72. Plane Talk -

It was 2012 and Tom Jones was growing increasingly frustrated.

The root of Jones’ discontent was the high fares Delta Air Lines was extracting from Mid-Southerners at Memphis International Airport.

73. Fino’s Taking a Bite Out of East Memphis -

The Brookhaven Circle area, an emerging restaurant row in the heart of East Memphis, is welcoming a new neighbor.

Jerry Wilson, owner of Fino’s from the Hill at 1853 Madison Ave. in Midtown, has acquired the property at 703 W. Brookhaven Circle in East Memphis for $526,600.

74. Mark Mosteller Joins Evolve Bank & Trust -

Mark E. Mosteller Sr. recently joined Evolve Bank & Trust as executive vice president, accounting and finance.
The new role includes a variety of responsibilities, including management of the accounting and finance department team, accounting internal controls, internal and external financial reporting, budgeting and forecasting, taxes and treasury management. Mosteller also works with senior and executive management and the board on accounting, finance and operational issues.

75. Building Ballet -

Ask Ballet Memphis CEO and founding artistic director Dorothy Gunther Pugh about her dance company's newly announced move to Midtown, and the conversation doesn't immediately turn to obvious things like the when and the why.

76. Projects, Issues Spill into Memphis' New Fiscal Year -

On Monday, June 29, two days before the new fiscal year, Memphis Mayor A C Wharton Jr. was in the back of a house on Ridgewood Drive in Whitehaven.

Wharton was marking the start of a 90-day public works project spanning both fiscal years to build a retention pond for the Days Creek area. The $450,000 project includes removing trees and brush from the drainage area, in an effort to prevent flooding. In September 2014, some homes in the area were heavily damaged in a sudden and prolonged downpour.

77. Kuehne Nagel Acquiring Memphis Intermodal Firm -

Kuehne + Nagel, a Swiss logistics company with a large local presence, is acquiring Memphis-based ReTrans Inc., an intermodal transportation management company with more than $500 million in annual revenue.

78. State Gives Environmental Award to Agricenter’s Wilson -

Agricenter International president John Charles Wilson has received a lifetime achievement award from the state of Tennessee.

79. Baptist's Healing Hand -

Comprised of 14 hospitals and more than 4,000 affiliated physicians spanning three states, Baptist Memorial Health Care Corp. is obviously known as a place where patients can turn to address their physical health.

80. State Gives Environmental Award To Agricenter’s Wilson -

Agricenter International president John Charles Wilson has received a lifetime achievement award from the state of Tennessee.

81. Yolanda Kight is Newest Judicial Commissioner -

Attorney Yolanda Kight is the newest Shelby County Judicial Commissioner.

The Shelby County Commission chose Kight Monday, June 21, on the 12th round of voting to fill the vacancy.

82. Memphis Ends Budget Season, But the Arguments Aren't Over -

The end of the budget season at City Hall can be a festive occasion.

Weeks of line-item detail and swapping one amount with another in the budget, as well as the pressure of revenue and other projections that amount to moving targets in the fiscal year, give way to approved operating and capital budgets as well as a property tax rate.

83. Simmons Joins Cushman & Wakefield/Commercial Advisors -

Mary Leesa Simmons has joined Cushman & Wakefield/Commercial Advisors as vice president – senior asset manager. In her new role, Simmons provides all aspects of property management duties for the firm’s clients.
This includes financial administration, budgeting, reporting, lease administration, contract administration, tenant, client and vendor administration, capital improvements and property inspections.

84. Memphis City Council Approves Pay Raises, Stable Property Tax Rate -

Memphis City Council members put City Hall’s budget season to rest Tuesday, June 23, with approval of a $656.5 million city operating budget that includes 2 percent pay raises for city police and firefighters and a 1 percent pay raise for all other city employees starting in January.

85. County Commission Takes Long Way to Budget Approval -

In the space of five hours Monday, June 22, Shelby County Commissioners voted down an operating budget, a capital budget and an attempt at a continuation budget to keep spending at the same levels past July 1 and into the new fiscal year.

86. OneJet Is Memphis International Airport’s Newest Airline -

OneJet, a startup airline catering to business travelers, has launched its Memphis to Indianapolis route, providing easy access to several large markets in the Midwest.

OneJet is offering nonstop service from Memphis International Airport to Indianapolis Mondays through Thursdays starting Monday, June 22. Launched two years ago, OneJet offers regional business service to Indianapolis, Pittsburgh, Milwaukee and now Memphis.

87. Council to Tackle Police, Fire Pay Raises Tuesday -

The Memphis Police Association is asking its attorneys if union police officers are forbidden from going on strike if the Memphis City Council ignores an impasse committee’s recommendation to raise officer pay 3 percent.

88. County Commission Faces Red Ink in Final Budget Votes -

Shelby County Commissioners try again Monday, June 22, to approve the county’s various budgets and a property tax rate before the July 1 start of the fiscal year.

The commission’s budget deliberations have centered on how county government should use a $6 million surplus, and budget committee sessions Wednesday, June 17, provided the best indicator of how things might go on the 13-member body.

89. FedEx Records $2.2 Billion Pension Accounting Charge -

FedEx Corp. has changed accounting procedures for its pension plan in order to provide a more timely view of the plan’s performance.

90. Memphis Airport Authority OKs Incentives Program, Lyft Ride-Sharing Operations -

The Memphis-Shelby County Airport Authority has reached an operating agreement with a popular ride-sharing service and retooled an incentive program designed to attract new air service.

New incentives target 21 specific destinations

91. Memphis City Council Delays Budget Votes Until June 23 -

Memphis City Council members put off final budget votes Tuesday, June 16, after trying for several hours to rearrange Memphis Mayor A C Wharton Jr.'s budget proposal.

But council members, already skeptical about the administration’s line items and dollar figures, became increasingly frustrated as their calculations of available funding didn’t match the administration’s math.

92. Shelby County Commission to Resolve Budget Loose Ends -

The last time Shelby County Commissioners talked as a group about a county budget for the fiscal year that begins July 1, the consensus they thought they had reached was falling apart.

That was two weeks ago and as commissioners began to part company, the body approved a stable $4.37 county property tax rate on the first of three readings.

93. Sam’s Hamburgers in 100 N. Main Could Be Forced to Close -

Amjad “AJ” Odeh moved to Memphis in 1996 to partner with Osama Eltaych at the old Sam’s Hamburgers & More that was operating at 16 S. Front St.

94. Hillwood Pays $17.7 Million for FedEx SupplyChain Facility -

5050 E. Holmes Road and 0 Lamar Ave.
Memphis, TN 38118
Sale Amount: $17.7 million

95. Memphis City Council Budget Agenda Full -

Memphis City Council members have a lot of budget decisions to make Tuesday, June 16, as they attempt to bring City Hall’s budget season to a close.

There are eight separate votes on pay raises approved by impasse committees for eight groups of city employees, including police and firefighters.

96. Hops Growers Rush To Meet Rising Demand From Craft Brewers -

MOXEE, Wash. (AP) – These are good times for growers like Ben St. Mary. He stood at his family's farm in Washington state recently and watched as employees built trellises where a new field of hops, the key ingredient in the flavoring of beer, will grow.

97. FedEx Records $2.2 Billion Pension Accounting Charge -

FedEx Corp. will take a $2.2 billion charge as it changes pension accounting methods.

The Memphis-based company, which said the changes will provide a more timely view of the pension plan’s performance, will record the estimated $2.2 billion non-cash, pretax charge for the fourth quarter of fiscal 2015.

98. FedEx Records $2.2 Billion Pension Accounting Charge -

FedEx Corp. will take a $2.2 billion charge as it changes pension accounting methods.

The Memphis-based company, which said the changes will provide a more timely view of the pension plan’s performance, will record the estimated $2.2 billion non-cash, pretax charge for the fourth quarter of fiscal 2015.

99. Old Dominick Distillery Moving Forward -

D. Canale & Co. is moving forward with plans to build a $5 million distillery on Front Street Downtown.

100. NTSB: Amtrak Engineer Wasn't Talking, Texting on Cellphone -

WASHINGTON (AP) – The engineer in last month's fatal Amtrak crash wasn't using his cellphone to talk, text or download anything just before the train sped off the tracks, investigators said Wednesday, addressing one big question about what might have caused the accident but only deepening the mystery of what did.