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Editorial Results (free)

1. Memphis Redbirds Paint AutoZone Park in Beale Street Blue -

Wearing his signature No. 9, Tony Allen threw out the first pitch at the Memphis Redbirds’ Grit & Grind Night at AutoZone Park. Allen also signed autographs for fans.

...

2. Appeals Panel Sides With Arkansas School District -

LITTLE ROCK, Ark. (AP) — A lower court was correct to toss a lawsuit filed by parents who claimed the Blytheville School District improperly opted out of an act that allowed them to send their children to neighboring districts, an 8th U.S. Circuit Court of Appeals panel said Monday.

3. A Q&A With Wall Street's Top Psychiatrist on Market Turmoil -

NEW YORK (AP) — When it seems like the stock market has lost its mind, big banks and investment firms often turn to one particular psychiatrist: Richard Peterson, CEO of MarketPsych, a firm that applies research from behavioral science to financial markets.

4. 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.

5. Center City OKs Front Street Loan Extension -

The Center City Development Corp. has given developers of the 266 Memphis project a six-month extension on the start of construction.

6. Memphis City Council Rejects Summer-Graham Retail Strip -

Memphis City Council members voted down Tuesday, Aug. 18, a planned development on the northeast corner of Summer Avenue and Graham Street that would have been a retail center anchored by a coin-operated laundromat.

7. Center City OKs Front Street Development Loan Extension -

The Center City Development Corp. has given developers of the 266 Memphis project a six-month extension on the start of construction.

8. Cummins Continues Memphis Distribution Center Expansion -

Cummins Inc. continues to expand its new distribution center in Memphis.

Dan Walker Associates Inc. applied for a $2.7 million building permit to renovate the existing 400,000-square-foot building at 5800 Challenge Drive in Southeast Memphis just across the street from the existing Cummins distribution facility on Quest Way.

9. New Tennessee Law: No Auto Insurance, No Vehicle Registration -

DYERSBURG, Tenn. (AP) – Though it's been mandatory for 40 years, Tennessee automobile liability insurance requirements will soon become much more enforceable. It's then when the "James Lee Atwood Jr. Law" will take effect forcing all Tennessee county court clerks to confirm insurance compliance before issuing new vehicle registration tags.

10. Disney Store Distribution Center Sells for $27.5M -

DDC Investment Inc., a Colorado nonprofit corporation, has acquired The Disney Store’s Memphis distribution operation.

11. Center City to Consider Front Street Loan Extension -

The Center City Development Corp. considers Wednesday, Aug. 19, extending a development loan to the developers of the 266 Memphis lofts apartments and office building on South Front Street.

12. Center City Considers Front Street Loan Extension -

The Center City Development Corp. considers Wednesday, Aug. 19, extending a development loan to the developers of the 266 Memphis lofts apartments and office building on South Front Street.

13. Center City Considers Front Street Loan Extension -

The Center City Development Corp. considers Wednesday, Aug. 19, extending a development loan to the developers of the 266 Memphis lofts apartments and office building on South Front Street.

14. Campaign Strategies Shift As Mayoral Debates Begin -

It’s been a scrap from the start.

But with the first televised debate in the 2015 race for Memphis Mayor Monday, Aug. 10, more citizens got a first-hand look at what the top contenders have agreed is a milestone political race.

15. Nashville Hospitality Stats Continue to Amaze -

With room rates higher than ever, an increased number of impressive venues competing for private party business and award-winning chefs earning awards and catching the attention of national publications, Nashville’s cache is hotter than its native hot chicken. Well, almost as hot.

16. Disney Store Distribution Center Sells for $27.5M -

DDC Investment Inc., a Colorado nonprofit corporation, has acquired The Disney Store’s Memphis distribution operation.

17. Armstrong Finds Voice In Volatile Times -

Four years ago, when Toney Armstrong became the youngest Memphis Police director from the ranks since the position was created in the 1970s, critics were quick to point out that the one-time homicide detective had a lot to learn about the job’s public face.

18. Disney Store's Memphis Distribution Center Sells for $27.5 Million -

DDC Investment Inc., a Colorado nonprofit corporation, has acquired The Disney Store’s Memphis distribution operation.

19. Haslam Makes Infrastructure Case In Memphis -

Tennessee Gov. Bill Haslam is traveling across the state to encourage change in how road projects are funded.

But Haslam insists it is not a prelude to a pitch for an increase in the state’s fuel tax. It’s been 26 years since Tennessee made any changes to its road project financing method, Haslam said.

20. Haslam Makes Infrastructure Case In Memphis -

Tennessee Gov. Bill Haslam kicked of a cross-state tour of 15 cities in 10 days in Memphis Wednesday, Aug. 5, to talk about some better way of funding state road projects.

Meeting with nearly 100 local business and elected leaders at the Greater Memphis Chamber, Haslam said several times that the sessions are not his attempt to build political support for a gas tax hike in the 2016 session of the Tennessee legislature.

21. ZeroTo510 Wins Award From Small Business Administration -

Memphis’ medical device accelerator ZeroTo510 was one of the 80 winners this week in the U.S. Small Business Administration’s annual Growth Accelerator Fund Competition.

Each winning organization will get a cash prize of $50,000 from the SBA. In accepting the funds, the accelerators also will be committing to quarterly reporting for one year. They will be required to report metrics such as jobs created, funds raised, startups launched and corporate sponsors obtained.

22. Strickland, Collins Clash on DROP Freeze -

Two political challengers to Memphis Mayor A C Wharton Jr. clashed Tuesday, Aug. 4, over a plan by his administration to keep the city’s police ranks above the 2,000 mark.

City chief administrative officer Jack Sammons approached the council Tuesday in executive session about a plan to freeze the deferred retirement option plan (DROP) for city employees who have set their retirement date up to three years ahead of schedule.

23. Chick-fil-A Contract Prompts Food Distributor’s Expansion -

A new contract to service more than 150 Chick-fil-A restaurants has prompted Maines Paper & Food Service Inc. to nearly double the size of its Arlington facility.

24. Scott Sharpe Named CAO Of District Attorney General’s Office -

Scott Sharpe recently was named chief administrative officer of the Shelby County District Attorney General’s office following the departure of longtime CAO Priscilla Campbell.

25. US Auto Sales Strong in July on SUV, Luxury Demand -

DETROIT (AP) – American drivers want to get noticed again.

SUVs and luxury vehicles are selling fast, defying recession-era predictions that Americans would downsize and stop flaunting their wealth. Luxury sales were up 10 percent in the first six months of this year; in the same time period, mass-market vehicle sales rose just 3 percent, according to car shopping site TrueCar.com.

26. West-Ward Pharmaceutical Plans Distribution Center Expansion -

4750 Pleasant Hill Road
Memphis, TN 38116
Loan Amount: $6.1 million

27. Council to Vote on One Beale, Redistricting and CLERB -

Memphis City Council members vote Tuesday, Aug. 4, on the $160 million One Beale planned development at Beale Street and Riverside Drive.

The council vote is the last major public sector hurdle for the project by the Carlisle Corp.

28. Haslam’s Infrastructure Tour to Start in Memphis -

Tennessee Gov. Bill Haslam and Tennessee Transportation Commissioner John Schroer will tour the state for six weeks to talk about infrastructure and transportation needs.

The tour, which comes as Haslam considers raising the state’s gas tax for the first time in 25 years, will kick off in Memphis Aug. 5 at the Greater Memphis Chamber.

29. West-Ward To Expand Local Distribution Center -

West-Ward Pharmaceuticals Corp. is expanding its Memphis distribution center.

Keystone Bank NA of Chicago filed a $6.1 million construction loan July 24 for the New Jersey-based company’s expansion at South Point distribution center.

30. Extended Slump in Oil Taking Toll on Industry, Economy -

NEW YORK (AP) — As drivers, shippers and airlines continue to enjoy lower fuel prices, the oil industry is responding to much lower profits with sharp cuts in spending and employment that are hurting economic growth.

31. UTHSC Prepares for Construction on New Drug Facility -

The University of Tennessee Health Science Center has big plans for the facility it's planning at 208 S. Dudley St.

32. Council Redisricting Plan Raises Possibility of Unintentional District Shifts -

Memphis City Council members are reviewing a proposed redrawing of their district lines that would move 9,522 Memphians into different council districts a month and a half before early voting opens for the Oct. 8 Memphis elections.

33. Haslam’s Infrastructure Tour To Start in Memphis -

Tennessee Gov. Bill Haslam and Tennessee Transportation Commissioner John Schroer will tour the state for six weeks to talk about infrastructure and transportation needs.

The tour, which comes as Haslam considers raising the state’s gas tax for the first time in 25 years, will kick off in Memphis Aug. 5 at the Greater Memphis Chamber.

34. West-Ward Pharm To Expand Memphis Distribution Center -

West-Ward Pharmaceuticals Corp. is expanding its Memphis distribution center.

Keystone Bank NA of Chicago filed a $6.1 million construction loan Friday, July 24 for the New Jersey-based company’s expansion at South Point distribution center.

35. TDOT Delays I-55 Roundabout To Reconsider Bridge Closing -

The Tennessee Department of Transportation has put on hold plans for an Interstate 55 roundabout on the Memphis side of the Memphis-Arkansas bridge citing a review of its plans to close the bridge for nine months during the construction process.

36. -

EMPHASIS Construction
...

37. Can US Housing Industry's Comeback Endure? The Outlook Dims -

WASHINGTON (AP) — The U.S. housing market has sizzled this summer, lifting expectations that home sales will finally help drive an economic expansion now in its seventh year.

Or will it?

38. Construction Underway On $4.4M Southwest Expansion -

Southwest Tennessee Community College has started construction on its new Whitehaven facility.

Southwest is spending $4.4 million to convert a former Kroger store at 1234 Finley Road into a new site for its Whitehaven Center. It plans to finish construction this fall, but it won’t be ready for students until the spring 2016 semester begins in January. The 44,000-square-foot building will accommodate up to 1,500 students.

39. Dayco Opens Memphis Distribution Center -

Dayco, a leading engine products and drive systems supplier for the automotive, industrial and aftermarket industries, has opened its new Memphis distribution center.

The 400,000-square-foot facility, located at 3530 E. Raines Road, will employ 200 people.

40. Going Up: Labor, Materials Drive Construction Costs -

Shelby County homebuilders have steadily raised prices for months now, partly due to supply and demand but mostly due to soaring material and labor costs.

While the demand for new homes remains steady, the supply of new homes remains relatively low and homebuilders are able to raise prices. But construction costs have been on the upswing for several months and are impacting every corner of the construction industry.

41. Editorial: Changes to Redistricting Laws Are Long Overdue -

For the second time in four years, Memphis City Council members are redrawing the boundaries of their districts.

Seven of the 13 council incumbents are running for re-election, each with opposition on the Oct. 8 ballot.

42. -

EMPHASIS Construction
...

43. Strickland's Memphis Mayoral Bid Heats Up -

Just hours after he dropped out of the race for Memphis Mayor, James Harvey endorsed mayoral contender Jim Strickland at the opening of Strickland’s Poplar Plaza campaign headquarters.

44. Construction Underway On $4.4M Southwest Expansion -

Southwest Tennessee Community College has started construction on its new Whitehaven facility.

Southwest is spending $4.4 million to convert a former Kroger store at 1234 Finley Road into a new site for its Whitehaven Center. It plans to finish construction this fall, but it won’t be ready for students until the spring 2016 semester begins in January.

45. Redistricting Controversy Shares Political Stage With Council Restructure -

At one point Tuesday, July 21, during the Memphis City Council’s discussion of the complexities and controversies of drawing new district lines, council attorney Allan Wade’s review of events reached the year 1967.

46. Council Redistricting Discussion Yields to Talk of Council Changes -

A discussion among Memphis City Council members about redistricting Tuesday, July 21, turned into the idea of changing the structure of the council to single-member districts and discarding the multi-member super districts the council has had since 1995.

47. Phillip Ashley Chocolates Wins String of Recognitions -

Memphis-based chocolatier Chef Phillip Ashley Rix is enjoying a run of sweet news lately.

He is now the official chocolatier for Horseshoe Tunica. He and his business, Phillip Ashley Chocolates, will be featured in Horseshoe promotional events, Horseshoe Tunica gift shops, and VIP turn down service for hotel suite guests.

48. Dayco Opens Memphis Distribution Center -

Dayco, a leading engine products and drive systems supplier for the automotive, industrial and aftermarket industries, has opened its new Memphis distribution center.

The 400,000-square-foot facility, located at 3530 E. Raines Road, will employ 200 people.

49. Memphis Council Takes Up Redistricting Furor -

Memphis City Council chairman Myron Lowery says no candidate in the October city elections should be affected by the council’s second redrawing of its district lines in four years.

50. Apartment Construction Drives US Homebuilding Surge in June -

WASHINGTON (AP) – U.S. builders broke ground on apartment complexes last month at the fastest pace in nearly 28 years, as developers anticipate that recent jobs gains will launch a wave of renters

51. City Council Again Redraws District Lines in Election Year -

Four years ago, Memphis City Council member redrew their own district lines just before elections that saw the largest return of incumbents in the 47-year history of the mayor-council form of government in Memphis.

52. Colleges, Pro Franchises Seek Strategies to Keep Millennials Interested -

UT and Vanderbilt are accustomed to tough competition from Tuscaloosa, Athens and Gainesville. Likewise, the Titans must deal with the Colts, Steelers and Ravens.

On games days, they and many others now have to go against Sony, Microsoft, Apple and EA Sports.

53. Greenline Half Marathon Registration is Open -

Registration for the “green” Shelby Farms Greenline Half Marathon is open.

The race, set for Oct. 11 at 8 a.m., features 13.1 miles of terrain at Shelby Farms Park and on the Greenline. The Council for Responsible Sport also has certified the half marathon as sustainable, meaning it ensures a reduction of the carbon footprint to Shelby Farms Park and the city of Memphis through the event.

54. Memphis Releases $200M Pedestrian Safety Plan -

Memphis Mayor A C Wharton Jr. unveiled an ambitious pedestrian and school safety action plan Tuesday, July 14, that has been in the making for 18 months.

The plan takes in a list of $200 million in improvements to sidewalks and street crossings over 20 years. Wharton’s administration doesn’t have all the funding nailed down, and said it would likely come through a combination of grants, city capital funding and money from nonprofit philanthropies.

55. Cummins Begins Memphis Distribution Expansion -

Cummins Inc. is retooling its current distribution center in Memphis as it prepares for a planned expansion.

56. Barbic To Leave Achievement School District -

The founding superintendent of the state-run Achievement School District is leaving the post at the end of the calendar year, citing the pace of the reform work as well as the need to sustain the work of the schools.

57. Memphis Campaigns Shift to Strategy -

With more than a dozen contenders in the race for Memphis mayor, incumbent Mayor A C Wharton Jr. was asked Wednesday, July 15, his strategy for such a large field of challengers.

“This is small to what it’s been before,” Wharton said of the still-forming field of 14.

58. Whalum Chooses Council Super District Race -

New Olivet Baptist Church pastor and former Shelby County Schools board member Kenneth Whalum Jr. will run for Memphis City Council in the October 8 city elections.

Standing with family, friends and supporters Tuesday, July 14, in Church Park, Whalum settled weeks of speculation by announcing he will run for council Super District 9 Position 2, formerly held by Shea Flinn.

59. City Releases $200 Million Pedestrian Safety Plan -

Memphis Mayor A C Wharton Jr. unveiled an ambitious pedestrian and school safety action plan Tuesday, July 14, that has been in the making for 18 months.

The plan takes in a list of $200 million in improvements to sidewalks and street crossings over 20 years. Wharton’s administration doesn’t have all the funding nailed down, and said it would likely come through a combination of grants, city capital funding and money from nonprofit philanthropies.

60. Cummins Begins Memphis Distribution Expansion -

Cummins Inc. is retooling its current distribution center in Memphis as it prepares for a planned expansion.

Dan Walker Associates Inc. has applied for a nearly $2.2 million building permit to renovate the existing Cummins distribution center at 4155 Quest Way in southeast Memphis.

61. Judge D’Army Bailey’s Legacy Spans Streets, Courtroom -

Shelby County Circuit Court Judge D’Army Bailey was more than a robed courtroom figure. In the wake of his death Sunday, July 12, from cancer, Bailey is being remembered for a life of activism in which the judge had roots as a radical.

62. Greenline Half Marathon Registration is Open -

Registration for the “green” Shelby Farms Greenline Half Marathon is officially open.

The race, set for Oct. 11 at 8 a.m., features 13.1 miles of terrain at Shelby Farms Park and on the Greenline. The Council for Responsible Sport also has certified the half marathon as sustainable, meaning it ensures a reduction of the carbon footprint to Shelby Farms Park and the city of Memphis through the event.

63. Editorial: Striking a Balance in Overton Park -

The Memphis Zoo has come a long way since a bear named Natch was chained to a tree in Overton Park a few years into the 20th century.

But that move by Robert Galloway, architect of the city’s park system, established the undeniable link between the park and the zoo.

64. Beale Group Plans for Lease Agreement Instead of District Ownership -

The Beale Street Tourism Development Authority is dropping the idea for now of a fee simple ownership of the entertainment district.

Members of the authority board, which met Thursday, July 9, will instead pursue the leasehold agreement with the city of Memphis, as contemplated in the city ordinance that created the authority as the new long-term planning group for the district.

65. Strickland Files for Mayor One Week From Deadline -

A week before the filing deadline for candidates on Memphis’ October ballot, city councilman Jim Strickland filed his qualifying petition for mayor and said he has a campaign war chest of approximately $400,000.

66. Building Boom Strains Labor Pool, Supply Chain -

Middle Tennessee’s red-hot construction boom is becoming a victim of its own success. Architects, contractors and everyone in between, including Metro Codes, are up to their necks in work.

It’s a happy time of an industry that also can see long, slow periods of stagnation.

67. Dayco Picks Memphis Distribution Center Locale -

A Michigan-based belts and hose manufacturer has settled on a location for its North American distribution center.

Dayco Products LLC has selected Centerpoint III at 3530 E. Raines Road.

68. Whitehaven Retention Pond Construction Begins -

Memphis crews began work Monday, June 29, on a $450,000 retention pond in the Days Creek area of Whitehaven.

The wooded area south of Southland Mall borders several Whitehaven subdivisions that have flooded recently, most notably on Sept. 11 when some homes were heavily damaged.

69. Volvo Group Unveils $70M Byhalia Distribution Center -

Volvo Group inaugurated its new 1 million-square-foot distribution center in Byhalia, Miss.

The $70 million facility – located at 100 Global Gateway Drive inside Panattoni Development Co.’s Gateway Global Logistics Center – supports the company’s Mack and Volvo truck brands, as well as Volvo Construction Equipment and Volvo Penta.

70. SUVs, Muscle Cars Help Auto Industry Maintain Momentum -

DETROIT (AP) – Americans again bought vehicles that sit up high and come loaded with features like backup cameras and smartphone capabilities in June. Horsepower was also in; gas-sipping not so much.

71. Volvo Group Unveils $70 Million Byhalia Distribution Center -

Volvo Group inaugurated its new 1 million-square-foot distribution center in Byhalia, Miss.

The $70 million facility – located at 100 Global Gateway Drive inside Panattoni Development Co.’s Gateway Global Logistics Center – supports the company’s Mack and Volvo truck brands, as well as Volvo Construction Equipment and Volvo Penta.

72. Whitehaven Retention Pond Construction Begins -

Memphis crews began work Monday, June 29, on a $450,000 retention pond in the Days Creek area of Whitehaven.

The wooded area south of Southland Mall borders several Whitehaven subdivisions that have flooded recently, most notably on Sept. 11 when some homes were heavily damaged.

73. Graceland Hotel Developers File $84 Million Construction Loan -

3600 Elvis Presley Blvd.
Memphis, TN 38116
Loan Amount: $84 million

74. Belz’s Industrial Portfolio Sells to MDH for $82 Million -

The recent sale of Belz Enterprise’s industrial portfolio to MDH Partners LLC of Atlanta totals more than $82 million, according to four special warranty deeds filed on June 19.

75. Memphis Mayoral Election Heating Up As Strickland, Wharton Take Turns -

Here come the yard signs.

The first indication that candidates in the Oct. 8 Memphis elections are taking their appeals to the public will begin sprouting on lawns across the city in the next week.

76. Stronger Economy, Cheap Gas Expected to Spur Holiday Travel -

NEW YORK (AP) – A stronger economy, rising consumer confidence and cheap gasoline will likely have Americans traveling in big numbers this Independence Day.

An estimated 41.9 million people will travel 50 miles or more from home during the holiday weekend, up 0.7 percent from last year and the most since 2007, right before the recession, according to travel agency and car lobbying group AAA.

77. Federal Judge Steps Out of Case Against Rep. Joe Armstrong -

KNOXVILLE, Tenn. (AP) – Chief U.S. District Judge Tom Varlan has recused himself from the tax fraud conspiracy case against state Rep. Joe Armstrong of Knoxville.

78. Belz’s Industrial Portfolio Sells to MDH for $82 Million -

The recent sale of Belz Enterprise’s industrial portfolio to MDH Partners LLC of Atlanta totals more than $82 million, according to four special warranty deeds filed on June 19.

79. Graceland Hotel Developers File $84 Million Construction Loan -

The developers behind a massive hotel near Graceland are ready to shake, rattle and roll on the project.

Guest House at Graceland LLC, formed to develop the hotel, has filed an $84 million construction loan for the 450-room resort-style hotel at 3600 Elvis Presley Blvd.

80. Ex-Gulfstream Exec Gets 11 Years for Embezzling $10M -

LOS ANGELES (AP) — A former Gulfstream Aerospace executive has been sentenced to more than 11 years in prison after he acknowledged embezzling more than $10 million from the company to fund a lavish lifestyle that prosecutors say included escorts and two homes.

81. Rep. Joe Armstrong Pleads Not Guilty to Fraud, Tax Evasion -

KNOXVILLE, Tenn. (AP) – State Rep. Joe Armstrong of Knoxville has pleaded not guilty to federal fraud and tax evasion charges connected to an increase in the state's cigarette tax.

82. First Horizon National Corp. Reveals Stress Test Results -

The Memphis-based parent company of First Tennessee Bank has passed its annual, federally mandated “stress test.”

83. MDH Buys Belz’s Memphis Industrial Portfolio -

An Atlanta-based firm has acquired a large industrial portfolio from Belz Enterprises.

Atlanta-based MDH Partners LLC bought 22 industrial buildings in the Memphis area totaling more than 3.1 million square feet.

84. Bishop Hears Stronger Call After ‘Fighting God’ -

The reason Richard Stika entered the seminary was to get thoughts of being a priest out of his system

It didn’t turn out that way.

On Dec. 14, the bishop of the Knoxville Catholic diocese will mark his 30th anniversary as a priest.

85. Taking Their Hacks? FBI Investigates Cardinals in Breach of Astros’ Database -

One funny man posted a picture of former St. Louis Cardinals pitcher Luther Hackman, deeming him a “person of interest.”

Just about everyone took a swing at the Cardinals’ tiresome Best Fans in Baseball moniker by pointing out that “you can’t spell BFIB without FBI.”

86. Tennessee Unemployment Rate Drops in May for Fourth Straight Month -

The Tennessee unemployment rate inched in the right direction in May but remained slightly above the national unemployment rate, according to the Tennessee Department of Labor and Workforce Development.

87. Dayco Wins Tax Break For Distribution Operations -

Michigan-based manufacturer Dayco Products Ltd. will consolidate its distribution operations in the Memphis area, but exactly where remains undecided.

“Due to the continued growth in demand for our products and increased product complexity over the past several years, we have committed to this significant capital investment in order to deliver increased value to our customers,” said Ed Rammel, president of the North American and Australian Aftermarket for Dayco, in a company statement.

88. Feds Charge Joe Armstrong With Fraud, Tax Evasion -

NASHVILLE, Tenn. (AP) – Democratic state Rep. Joe Armstrong of Knoxville has been indicted on federal fraud and tax evasion charges connected to an increase in the state's cigarette tax in 2007.

89. Fed Sees Stronger Economy, Leaves Key Rate at Record Low -

WASHINGTON (AP) – The U.S. economy has strengthened since a slump early this year, the Federal Reserve said Wednesday, but it wants to see further gains in the job market and higher inflation before raising interest rates from record lows.

90. Haslam Strikes Defiant Tone Toward Critics of Gas Tax Hike -

SHELBYVILLE, Tenn. (AP) – Gov. Bill Haslam has a defiant message for groups lining up to oppose him on efforts to raise Tennessee's gas tax for the first time in 25 years: "Have at it."

91. First Horizon National Corp. Reveals Stress Test Results -

The Memphis-based parent company of First Tennessee Bank has passed its annual, federally mandated “stress test.”

92. Memphis City Council’s Distrust of Wharton Boils to Surface -

If it wasn’t obvious in five previous budget seasons, Memphis City Council members made the point clearer Tuesday, June 16, just before they delayed final city budget votes for another week.

They don’t trust the numbers and explanations they are getting from Memphis Mayor A C Wharton Jr. as they try to rearrange his $656.5 million budget that was proposed in April.

93. FedEx Earnings Miss Wall Street Expectations -

FedEx Corp., hit by unfavorable currency exchange rates, lower fuel surcharges and special charges, reported lower-than-expected revenue and profits for the fiscal fourth quarter.

The Memphis-based company, which warned in March that currency and fuel issues could dampen results, reported a loss of $895 million, or $3.16 a share, for the quarter that ended May 31. That’s compared to a profit of $780 million, or $2.62 a share, over the same period last year.

94. FDA Tells Food Industry to Phase Out Artificial Trans Fats -

WASHINGTON (AP) – Popular foods like pie crusts, frostings and microwave popcorn will be largely rid of artery-clogging trans fats after a decision by the Obama administration to phase them out over the next three years.

95. Fed Likely to Signal Coming Rate Hike If Economy Strengthens -

WASHINGTON (AP) – With evidence that the U.S. economy is rebounding from a winter slump, the Federal Reserve will likely signal this week that an interest rate increase is coming – just not quite yet.

96. MDH Partners Buys Belz's Memphis Industrial Portfolio -

An Atlanta-based firm has acquired a large industrial portfolio from Belz Enterprises.

Atlanta-based MDH Partners LLC bought 22 industrial buildings in the Memphis area totaling more than 3.1 million square feet.

97. Dayco Seeks Tax Break for Memphis Distribution Center -

A Michigan-based manufacturer of belts and hoses is seeking local tax incentives for a Memphis distribution center.

Dayco Products Ltd., which has filed a payment-in-lieu-of-taxes application with the city-county Economic Development Growth Engine, says the center would employ 174 workers.

98. Machinery Parts Maker Seeks Tax Incentives for Memphis Distribution Center -

A Michigan-based manufacturer of belts and hoses is seeking local tax incentives for a Memphis distribution center.

Dayco Products Ltd., which has filed a payment-in-lieu-of-taxes application with the city-county Economic Development Growth Engine, says the center would employ 174 workers.

99. Talent-Supporting Structures -

A fallacy about organizational management prevents many firms from getting the best out of their best people: the notion that everyone who excels in their jobs will eventually become managers, directors, etc. True, some may have a talent for management, while others flourish in active roles that have nothing to do with managing.

100. Komen Memphis-MidSouth To Distribute $510K -

The Memphis-MidSouth Affiliate of Susan G. Komen is awarding $510,030 of community grants to 10 programs that provide breast cancer services in the Mid-South.

The group presents the awards Tuesday, June 9, at a 5 p.m. reception at AutoZone Park.