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Editorial Results (free)

1. Lady Vols Seem to Be Slipping Off National Stage -

KNOXVILLE – There is a bronze statue of legendary Tennessee women’s basketball coach Pat Summitt standing proudly across the street from Thompson-Boling Arena.

Summitt’s arms are crossed and she has a smile on her face. Thousands of Lady Vols fans have walked past the Summitt statue since it was unveiled Nov. 22, 2013.

2. FAA: Southwest for Now Can Use Planes That Missed Inspection -

DALLAS (AP) – Federal officials have agreed to let Southwest Airlines Co. keep flying planes that missed an inspection of a backup rudder system if the planes are checked in the next five days.

3. Memphis in May Unveils Music Festival Lineup -

Memphis in May International Festival has unveiled the lineup for the Beale Street Music Festival that will unfold over three days in May at Tom Lee Park. The event is expected to bring a crowd of more than 100,000.

4. Attorneys Recall Role of Law in Events of 1968 -

David Caywood still remembers the memorandum of understanding that almost settled the 1968 sanitation workers strike before Martin Luther King Jr.’s assassination.

5. Blues Birthplace -

Every day, Tunica, Miss., was missing an opportunity. Worst of all, that opportunity was passing by on the Blues Highway, also known as U.S. 61.

“You come out of Memphis and Beale and Graceland, and those interested in the genre of the blues were coming south and going to Clarksdale,” said Webster Franklin, president and CEO of the Tunica Convention and Visitors Bureau. “Before the museum, people would just drive right by. Now, those folks will make the museum their first stop in Mississippi.”

6. Yellen Reiterates Fed's Patience in Raising Rates -

WASHINGTON (AP) – Federal Reserve Chair Janet Yellen said Tuesday that the U.S. economy is making steady progress, but that for now the Fed is will remain patient about raising interest rates because the job market is still healing and inflation is too low.

7. Saving for Retirement: Obama Proposal Sets Up Wall Street Fight -

WASHINGTON (AP) – Tapping the anxieties of aging baby boomers, President Barack Obama on Monday called for tougher standards on brokers who manage retirement savings accounts, a change that could affect the investment advice received by many Americans and aggravate tensions between the White House and Wall Street.

8. 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.

9. Carson Departs, Problems Remain For Local Democrats -

With about a month left in his term as chairman of the Shelby County Democratic Party, Bryan Carson resigned Saturday, Feb. 21, after a confrontation behind closed doors with the party’s executive committee over his handling of the party’s bank accounts.

10. Williams Says Mayoral Bid Based On Change -

Saying there is a pulse in the city for change, Memphis Police Association President Mike Williams announced Monday, Feb. 23, he will run for Memphis mayor in the October city elections.

11. Sweetie Pie’s Approached as Possible Mall Tenant -

Sweetie Pie’s, the St. Louis soul food institution in a standoff with its Beale Street landlord, has been approached by the administration of Memphis Mayor A C Wharton Jr. as a tenant for one of two malls the administration wants to convert to “town centers.”

12. Medtronic Earnings Top Wall Street Forecasts -

Medtronic Inc. on Tuesday reported fiscal third-quarter net income of $977 million.

The Minneapolis-based company said it had profit of 98 cents per share. Earnings, adjusted for non-recurring costs, were $1.01 per share.

13. Ryan Acquires Strategic Midtown Property -

Developer Charles S. “Charlie” Ryan has acquired a key piece of Midtown property.

Ryan purchased the lot at 765 Tanglewood St., which is located just southwest of the intersection of Central Avenue and Cooper Street, from Cowles Development Company LLC for $27,000, according to a Feb. 9 warranty deed.

14. Economic Development Secrets Hard to Keep -

The most difficult secrets to keep at City Hall are those dealing with economic development – the clandestine discussions between city and business leaders and companies considering moving to or expanding in Memphis.

15. What Recession? Middle Tennessee Largely Spared -

After handling clients at SunTrust as a senior portfolio manager for high-net-worth clients, many with $10 million or more in assets, Dana Moore, CFA, and two colleagues (George Stadler, Angela Helbig), founded HMS Investment Advisors in 2009.

16. Developer Ryan Acquires Key Cooper-Young Property -

Developer Charles S. “Charlie” Ryan has acquired a key piece of Midtown property.

Ryan purchased the lot at 765 Tanglewood St., which is located just southwest of the intersection of Central Avenue and Cooper Street, from Cowles Development Company LLC for $27,000, according to a Feb. 9 warranty deed.

17. Events -

Buckman Arts Center at St. Mary’s School will host an opening reception for “Horn Island: Paint & Metal,” new works by Richard Prillaman and Bill Nelson, Friday, Feb. 20, from 5:30 p.m. to 7:30 p.m. at Buckman, 60 Perkins Road Extended. The exhibition is on display through April 7 in the Levy Gallery. Visit buckmanartscenter.com.

18. Fed Officials in No Hurry to Raise Rates -

WASHINGTON (AP) – Federal Reserve officials struggled last month to assess when economic data might prompt them to raise interest rates from record lows – and how best to convey their intentions to investors.

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. Sweetie Pie’s Could be Tenant at Raleigh Springs Mall -

Sweetie Pie’s, the St. Louis soul food institution in a standoff with its Beale Street landlord, has been approached by the administration of Memphis Mayor A C Wharton Jr. as a tenant for one of two malls the administration wants to convert to “town centers.”

21. Raleigh Springs Mall Tests Town Center Concept -

The idea that a declining shopping mall can be redeveloped and reinvigorated as a “town center” with local government offices as a catalyst for private developers appears to be on its way to a meeting with reality.

22. Council Critical of Wharton Debt Restructuring -

First reviews from Memphis City Council members Tuesday, Feb. 17, to Memphis Mayor A C Wharton’s plan to restructure the city’s debt payments were harsh and skeptical.

Wharton wasn’t present in council committee sessions Tuesday as council member Jim Strickland played audio of Wharton in 2010 telling council members that the restructuring of city debt then was a “plain vanilla” transaction.

23. Sweetie Pie’s Approached as Mall Tenant -

Sweetie Pie’s, the St. Louis soul food institution in a standoff with its Beale Street landlord, has been approached by the administration of Memphis Mayor A C Wharton Jr. as a tenant for one of two malls the administration wants to convert to “town centers.”

24. Medtronic Tops Wall Street Forecasts for Third Quarter -

Medtronic Inc. reported fiscal third-quarter net income of $977 million.

The Minneapolis-based company said it had profit of 98 cents per share. Earnings, adjusted for non-recurring costs, were $1.01 per share.

25. Social Media Now Integral to Protest -

It may not seem intuitive to connect intellectual property rights with a human tragedy, but the two intersect more often than we realize.

In the wake of the Charlie Hebdo massacre in Paris last month, people throughout the world showed solidarity with the victims via social media under the hashtag “#jesuischarlie.” The slogan “Je Suis Charlie” also became a rallying cry for many demonstrations that followed the attack.

26. Wharton: Tourism Is Serious Business -

Sometimes in tourism, it is the little things that count. But “little” is relative. Consider the digital LED display screen on the west wall of the Memphis Cook Convention Center – big enough to be seen by eastbound traffic on the Hernando DeSoto Bridge – which local leaders debuted this month after three years of planning.

27. Events -

Beale Street Merchants Association will hold the annual Mardi Gras parade Tuesday, Feb. 17, at 5:30 p.m. on Beale Street. The celebration will feature a fanfare of carts, horse-drawn carriages, bicycles and wagons decorated for Mardi Gras, plus beads, candy, and jazz and blues music. Visit bealestreetmerchants.com.

28. Debt, Pension Overhang Top City Council Priorities -

UPDATE: Council committee sessions are beginning late Tuesday – at 10:30 a.m. – because of weather-related road conditions, and committees will have a condensed schedule, according to council staff.

29. Events -

Beale Street Merchants Association will hold the annual Mardi Gras parade Tuesday, Feb. 17, at 5:30 p.m. on Beale Street. The celebration will feature a fanfare of carts, horse-drawn carriages, bicycles and wagons decorated in Mardi Gras fashion; beads and candy; and jazz and blues music. Visit bealestreetmerchants.com.

30. Alternative Ending -

The city of Memphis secured $6.7 million in federal funding last week to improve and rehab public housing.

Meanwhile, the city’s application for a much larger federal grant to demolish the city’s last large public housing development was making the rounds at the federal Department of Housing and Urban Development.

31. Rite Aid to Pay $2B for EnvisionRx -

Rite Aid is expanding from running drugstores into managing pharmacy benefits with a planned, $2 billion purchase of EnvisionRx.

The company said it will pay about $1.8 billion in cash and $200 million in stock for EnvisionRx, a pharmacy benefit manager, or PBM, owned by the investment firm TPG.

32. Kellogg Cuts Forecast as Cereal Sales Decline -

Kellogg said Thursday that its cereal unit suffered another quarterly sales decline, and the company cut its long-term revenue forecast.

The maker of Frosted Flakes, Pop Tarts and Special K said it now expects core revenue to rise between 1 to 3 percent over the long-term, down from the previous forecast of 3 to 4 percent.

33. 1212 Makes Statement With January Sales -

What a difference a boom makes. In 2008, when the Icon condos in the Gulch were beginning to close, the developer was under scrutiny. Some doubted the veracity of his reported sales figures.

One group even went as far as to photograph the tower under the cover of darkness in order to prove no one lived there. If the lights are out, they argued, units had not been sold.

34. Events -

Beale Street Merchants Association will host Beale’s annual Mardi Gras parade Tuesday, Feb. 17, at 5:30 p.m. The celebration will feature a fanfare of carts, horse-drawn carriages, bicycles and wagons decorated in Mardi Gras fashion; beads and candy; and jazz and blues music. Visit bealestreetmerchants.com.

35. Crosstown Crossroads -

Richard Spore and his colleague at the Memphis office of the Bass Berry & Sims law firm have worked on several ambitious, game-changing projects like the transformation of Overton Square and Bass Pro Shops’ redevelopment of The Pyramid.

36. Kellogg Cuts Sales Forecast As Cereal Continues Decline -

Kellogg said Thursday that its cereal unit suffered another quarterly sales decline, and the company cut its long-term revenue forecast.

The maker of Frosted Flakes, Pop Tarts and Special K said it now expects core revenue to rise between 1 to 3 percent over the long-term, down from the previous forecast of 3 to 4 percent.

37. Scripps Networks Beats Fourth-Quarter Profit Forecasts -

KNOXVILLE, Tenn. (AP) – Scripps Networks Interactive Inc. (SNI) on Thursday reported fourth-quarter net income of $131.8 million.

38. Rite Aid to Pay $2 Billion for Pharmacy Benefit Manager -

Rite Aid is expanding from running drugstores into managing pharmacy benefits with a planned, $2 billion purchase of EnvisionRx.

The company said it will pay about $1.8 billion in cash and $200 million in stock for EnvisionRx, a pharmacy benefit manager, owned by the investment firm TPG.

39. Data for Fed Digestion -

The recent weeks have seen a flurry of economic data that shed light on the United States economy. Here is a recap of two of those data points:

Gross Domestic Product. The first GDP release for fourth quarter 2014 (a data point that will be revised multiple times down the road) revealed an economy that grew by 2.6 percent in the quarter, down sharply from the 5 percent growth registered in the third quarter.

40. Developer Says Now is Time for One Beale -

A favorable lending environment and strong demand for Downtown apartments, hotel rooms and meeting space are providing a window for developers to move forward with a skyline-altering hotel and apartment development overlooking the Mississippi River at the foot of Beale Street, a member of the development team told Downtown officials Tuesday.

41. Fogelman Company Launching Retail Center in East Memphis -

6544 Poplar Ave.
Memphis, TN 38118

Permit Amount: $3.2 million

Permit Application Date: February, 2015

42. Eastern Heights Apts. Sells for $3.4 Million -

An apartment development near Chickasaw Country Club has sold for $3.4 million.

Eastern Heights Partners, a Tennessee general partnership, bought the 130-unit Eastern Heights Apartments from Eastern Heights Apartments Ltd., according to a Jan. 23 warranty deed.

43. Nashville’s Most Romantic Restaurants -

Romance means something different for everyone, but most people can agree that if there is low lighting, soft music, a charming companion and something delicious to eat, you’ve already got the makings of one outstanding evening.

44. Love of Small Business Fuels Patrick Accounting -

Matthew Patrick is a CPA and managing member of Patrick Accounting and Tax Services PLLC, the firm he founded in 2003, but to get a better sense of what he does from day to day, he reaches for analogy to describe his work.

45. Editorial: Government Cheese(cake) -

We are too easy. Say the words “Cheesecake Factory” and we act like we’ve won the lottery.

All of our problems are solved. The historically high poverty rate that has plagued us for generations is about to become a thing of the past.

46. Dream Season -

The Grizzlies had just defeated the rival Oklahoma City Thunder before a loud sellout crowd in The Grindhouse and Jerry “The King” Lawler had defended his Memphis championship wrestling belt, albeit with an assist from the Grizzlies’ crack game operations staff.

47. Lawmakers to Fed: We Want Details About Leak Probe -

WASHINGTON (AP) – Two Democratic lawmakers are asking the Federal Reserve for details on its reported probe of a leak of market-sensitive information about interest-rate policy.

Sen. Elizabeth Warren of Massachusetts and Rep. Elijah Cummings of Maryland requested the information Thursday from Scott Alvarez, the central bank's general counsel. The Fed's investigation focuses on a 2012 leak of information on the closed-door internal deliberations of Fed policymakers, the lawmakers said in a letter. They cited several news reports in December.

48. Hackers Access Records for Millions of Anthem Customers -

INDIANAPOLIS (AP) – Hackers broke into a health insurance database storing information for about 80 million people in an attack bound to stoke fears many Americans have about the privacy of their most sensitive information.

49. 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.

50. Greenprint Maps Plan for 25-Year Development -

Open a trail or bike lane in the Memphis area and one of the first questions will be about how it links up to other trails or greenlines or bike lanes.

The Mid-South Regional Greenprint Plan is the answer and the guide to those questions with a long-term 25-year plan that maps out a proposed regional trail system to be built in pieces over the quarter of a century scope of the plan.

51. McDonald’s Super Bowl Promotion Hits Memphis -

A social media analysis via Forbes found that McDonald’s Super Bowl ad was the most-liked spot during the big game.

In it, customers were shown being encouraged to “pay with loving” to get their food. It’s a marketing effort the chain has started to push beyond its Super Bowl commercial, taking the idea to participating restaurants across the U.S., including to Memphis.

52. Loeb Properties Targets Broad Avenue -

Memphis-based Loeb Properties will help revitalize another core city neighborhood. Fresh off redeveloping Overton Square and currently involved in the Highland Strip, Loeb has set its sights on Broad Avenue.

53. Skyline-Changing Tower Project Planned for Beale -

The resurrected One Beale project at Riverside Drive and Beale Street has returned to a two-tower plan that will include 280 apartments, 40,000 square feet of retail and meeting space, 20,000 square feet of office space and a 300-room hotel.

54. S&P Paying $1.38 Billion to Settle Charges Over Crisis-Era Ratings -

WASHINGTON (AP) – Standard & Poor's is paying about $1.38 billion to settle government allegations that it knowingly inflated its ratings of risky mortgage investments that helped trigger the financial crisis, the Justice Department announced Tuesday.

55. Eastern Heights Apartments Sells for $3.4 Million -

An apartment development near Chickasaw Country Club has sold for $3.4 million.

Eastern Heights Partners, a Tennessee general partnership, bought the 130-unit Eastern Heights Apartments from Eastern Heights Apartments Ltd., according to a Jan. 23 warranty deed.

56. Libertyland Carousel To Return in 2017 -

When the Memphis City Council on Tuesday, Feb. 3, gets its second briefing in as many weeks on the proposed overhaul of the Mid-South Fairgrounds, they will hear from Memphis Mayor A C Wharton Jr.’s administration that the mothballed Grand Carousel from the old Libertyland amusement park is about to be uncrated and reassembled as part of the Children’s Museum of Memphis.

57. 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.

58. Super Bowl Ad Winners and Losers -

Think there was only one big game on Super Bowl Sunday? A typical NFL game has only 11 minutes of actual “game action” compared to 63 minutes of commercials, according to The Wall Street Journal. With 30 seconds of commercial airtime going for $4.5 million this year, it is clear that Super Bowl advertising is serious business, making for an equally interesting off-the-field game unfolding when the clock stops.

59. 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.

60. ALSAC Buys Former Day Care Center -

The fundraising arm of St. Jude Children’s Research Hospital has acquired an old day care center site on Second Street for $587,500.

ALSAC purchased the property at 460 N. Second St., located at Second and A.W. Willis Avenue near the St. Jude campus, from Straight Arrow LLC, according to a Jan. 9 warranty deed.

61. Pay Down That Debt by Investing in Real Estate -

My father was born (1928) and raised in Franklin, when it was a sleepy little standalone hamlet unrelated to Nashville. In the mid-90s, I met him for lunch at the Shoney’s near I-65 off of Highway 96.

62. Sewing Seeds of Success at Sunflower Café -

Dreams, cancer, tofu, death, love, loyalty and the quest for good gut bacteria are parts of the story of the hidden little gem that is the Sunflower Café.

Nicole Kidman and Keith Urban are among those who have discovered this comfy vegetarian outpost, tucked behind the Twelve Oaks Motel in Berry Hill, where Chef Brian Storrs and his sister, Kimber Saunders, proselytize healthy eating.

63. This week in Memphis history: January 30 – February 5 -

2014: Wright Medical Group Inc. closed on its deal to buy Solana Surgical LLC of Memphis and announced a definitive agreement to buy OrthoPro LLC of Salt Lake City. Solana was a $90 million deal and OrthoPro was a $36 million transaction.

64. Editorial: Family Businesses Essential to Memphis' Destiny -

Locally owned businesses that endure over generations are a way of building the wealth that can transform Memphis.

It’s not a wealth that lives on Easy Street necessarily.

It is the kind of wealth that can, at times, make business owners wonder why they are pursuing the business that they, as children, watched their parents struggle with.

65. Lasting Legacies -

A FedEx commercial that never made it past the storyboard stage portrayed company founder, chairman and CEO Fred Smith as a child filling out an order form in the back of a comic book for a batch of Sea-Monkeys, sending it off and waiting for the delivery.

66. Tennessee Homeless Programs Getting $21 Million From HUD -

MEMPHIS, Tenn. (AP) – U.S. Housing and Urban Development officials say more than $21 million in grants will support 162 local homeless housing and service programs in Tennessee.

HUD said Monday that the Continuum of Care grants will help provide critically needed services for homeless people and their families.

67. Why the Market has Fallen in 2015 -

The stock market overreached in 2013, expecting big things from 2014. Earnings estimates for 2014 were for growth of 10 percent-plU.S. . High expectations boosted valuations above long-term averages.

68. $42 Million Permit Filed For Target Fulfillment Center -

5461 Davidson Road
Memphis, TN 38118
Permit Amount: $42 million

69. UPS Takes a Hit During the Holidays, Cuts Outlook -

NEW YORK (AP) – UPS spent heavily to avoid last year's debacle over the holidays, when an unexpected crush of last-minute shipping and terrible weather led millions of late deliveries.

70. Charter School Fair to be Held Jan. 31 -

Memphis-area charter schools will hold a school fair Saturday, Jan. 31, from 10 a.m. to 2 p.m. at the Pipkin Building at the Mid-South Fairgrounds

The fair is organized by the Tennessee Charter School Center for the tuition-free schools that Memphis has more of than any other city in the state.

71. Reports: Google to Sell Wireless Phone Service -

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.

72. Southwest Beats Street 4th-Quarter Forecasts -

Southwest Airlines Co.'s fourth-quarter net income slipped 10 percent due to the effect of fuel-hedging contracts that lost value as oil prices tumbled, but the company's results beat Wall Street expectations.

73. City Council Delays Beale Street Vote -

The Memphis City Council on Tuesday, Jan. 20, delayed a vote for two weeks on the resolution that would create a Beale Street Tourism Development Authority to oversee the future direction of the entertainment district between Second and Fourth streets.

74. 2 Hospitality Companies Buy Union Ave. Sites -

A hospitality company has acquired a key piece of Downtown property for $440,000.

Suna Hospitality LLC purchased the office building at 400 Union Ave. Downtown from Judy Sossaman Brantley, according to a Jan. 12 warranty deed. The property, formerly home to Sullivan Branding after cs2 and Thompson & Co. merged, is strategically located on the north side of Union between South Lauderdale Street and Danny Thomas Boulevard.

75. ALSAC Buys Former Day Care Center -

The fundraising arm of St. Jude Children’s Research Hospital has acquired an old day care center site on Second Street for $587,500.

ALSAC purchased the property at 460 N. Second St., located at Second and A.W. Willis Avenue near the St. Jude campus, from Straight Arrow LLC, according to a Jan. 9 warranty deed.

76. 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.

77. Southwest Beats Street 4th-Quarter Forecasts -

DALLAS (AP) – Southwest Airlines Co.'s fourth-quarter net income slipped 10 percent due to the effect of fuel-hedging contracts that lost value as oil prices tumbled, but the company's results beat Wall Street expectations.

78. Airlines Expect Another Big Year With Help From Cheaper Fuel -

DALLAS (AP) – Leaders of United and Southwest gave an upbeat forecast for 2015 that combined strong travel demand and cheaper fuel. Airline stocks soared on Thursday.

The price of jet fuel has dropped by about half since September, boosting airline profits and tamping down fear that global economic weakness could hurt the carriers. Analysts expect all four of the biggest U.S. airline operators to post bigger profits this year than in 2014.

79. Ford Jr. to Headline Dunavant Award Event -

Former U.S. Rep. Harold Ford Jr. will be the keynote speaker for the March 25 Dunavant Public Servants Awards luncheon hosted by the Rotary Club of Memphis East.

The awards, now in their 12th year, honor one elected official and one non-elected public official within Shelby County who demonstrate the qualities and characteristics of longtime Probate Court Clerk Bobby Dunavant.

80. City Council Delays Beale Street Vote -

The Memphis City Council on Tuesday, Jan. 20, delayed a vote for two weeks on the resolution that would create a Beale Street Tourism Development Authority to oversee the future direction of the entertainment district between Second and Fourth streets.

81. Hospitality Company Buys 400 Union -

A hospitality company has acquired a key piece of Downtown property for $440,000.

Suna Hospitality LLC purchased the office building at 400 Union Ave. Downtown from Judy Sossaman Brantley, according to a Jan. 12 warranty deed. The property, formerly home to Sullivan Branding after cs2 and Thompson & Co. merged, is strategically located on the north side of Union between South Lauderdale Street and Danny Thomas Boulevard.

82. Why the Market Has Fallen in 2015 -

Stronger dollar = higher valuations. The stock market overreached in 2013, expecting big things from 2014. Earnings estimates for 2014 were for growth of 10-plus percent. High expectations boosted valuations above long-term averages.

83. Council Approves Schools Deal, Appoints Boyd -

Two weeks after they ignored a proposed $43.1 million settlement of the six-year old schools funding legal standoff, Memphis City Council members Tuesday, Jan. 20, approved a $41.8 million settlement with Shelby County Schools.

84. Memphis Reprographics Handles Printing, Storage Needs -

When the development team and architect behind the Sears Crosstown redevelopment project needed multiple phases of the project printed –including everything from design renderings to construction documents and floor plans – they turned to Memphis Reprographics.

85. Community Building -

Almost three years ago, former elementary school art teacher Erin Harris saw a video about children in Memphis who were working with an artist to start a sculpture garden. She still recalls the happy sight of a few boys in the video throwing balloons filled with paint at an old fence, as well as the reaction the footage generated from her.

86. Council Takes Up Beale’s Next Act -

Memphis City Council members are likely to have some questions Tuesday, Jan. 20, about the still tentative settlement of the last part of the court fight for control of Beale Street.

The tentative terms of the settlement between the city of Memphis and the Beale Street Development Corp. leaked last week and include a share of revenues from the operation of the entertainment district for the BSDC that would otherwise go to the city, which owns the property between Second and Fourth streets.

87. UAW ‘Considers Itself a Partner’ With GM -

General Motors’ Spring Hill plant is firmly entrenched with the United Auto Workers.

In fact, it might not have retooled and started assembling vehicles again without the union’s efforts.

88. 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.

89. 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.

90. Local Delegation Promotes Memphis in New York -

Greater Memphis Chamber staff, members of the Chamber’s Chairman’s Circle and representatives from the Memphis Convention & Visitors Bureau are in New York City this week to meet with national site selectors and national media, including the New York Times, Wall Street Journal, BusinessWeek, Business Facilities, Inbound Logistics and others.

91. 2015: The Currency War -

War sounds scary. In the traditional sense, war evokes casualties and loss. For investors, currency wars simply convey economic redistribution.

For instance, if there were only two stores in town selling identical items and one store raised prices while the other store lowered prices, demand would certainly follow the discount … but overall demand would be the same.

92. Center of Attention -

The Pinch District, one of the city’s oldest neighborhoods and commercial centers, will receive some much-needed tender loving care in advance of Bass Pro Shops opening its massive store at The Pyramid May 1.

93. Morris: Public Transit Tops Downtown Goals -

A stronger and more vital public transportation presence in Downtown and a plan for development of land south of Central Station are two priorities of the Downtown Memphis Commission for the coming year.

94. Key Interest Rate Falls as Investors Seek Safety -

NEW YORK (AP) – A barometer of Wall Street's anxiety flashed red on Wednesday, when traders rushed to the safety of U.S. government bonds.

The surge in demand for Treasurys knocked a key interest rate to its lowest level since May 2013.

95. House GOP Majority Aiming to Soften Financial Overhaul Law -

WASHINGTON (AP) – The newly bulked-up Republican majority in the House is aiming to soften the bite of legislation that grew out of the 2008 financial crisis and put banks and Wall Street under the most sweeping rules since the Great Depression.

96. Brewery Developer Calls for ‘Leap of Faith’ -

Crews could begin transforming the long-vacant Tennessee Brewery property Downtown later this year and the first residents could move in during the fall of 2016, a veteran developer told a Downtown development board Tuesday, Jan. 13.

97. New York Investor to Buy Raymond James Tower -

A New York-based investor is under contract to purchase the Raymond James tower on Front Street Downtown, one of the most recognizable office buildings in the city.

98. Coming to a Car Near You: Auto Technology at CES -

LAS VEGAS (AP) – Self-driving cars garner much of the attention, but in reality, we're years away from tooling around in something like Knight Rider's KITT. Coming sooner to a car near you: smartphone apps on dash displays, cruise control that adapts to cars around it, remote engine starting and more.

99. Elvis Birthday Proves Eventful on Several Fronts -

Jack Soden, the head of Elvis Presley Enterprises, looked out at a crowd on the front lawn of Graceland last week in single-digit temperatures and talked about the durability of Elvis Presley’s appeal.

100. Macy’s Exit Presents Problems, Possibilities in Whitehaven -

In what could be a troubling sign for the city’s first enclosed mall, Macy’s is closing its 150,000-square-foot store at Southland Mall in early spring, a move that will affect 112 employees.

The South Memphis store is one of 14 locations Macy’s will close this spring as part of a national restructuring, the retailer announced late Thursday, Jan. 8. The 14 stores account for approximately $130 million in annual sales, according to the company.