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Editorial Results (free)

1. 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.

2. Beale Street Sweep Court Order Rips Police Practices -

The Beale Street Sweep is over.

It’s not the end of a song. It is the end of an 8-year-old police policy that has ordered those on the street after 3 a.m. to leave the district, go into a nightclub or be arrested.

3. New Front Street Hotel Proposed By Pyramid -

Plans for a 108-room extended stay hotel on Front Street at the northeast corner of Jackson Avenue have been submitted to local planning officials for approval.

The special use permit application by Front Street Group LLC would be directly across Front Street from the eastern side of the Pyramid on what is now a surface parking lot and would include a 160-space parking structure on the rear of the property next to an existing alley.

4. Medtronic Beats Street Fourth-Quarter Forecasts -

Medtronic lost $1 million in its fiscal fourth quarter, as costs tied to its $42.9 billion acquisition of Covidien and other expenses weighed on the medical device maker's performance.

The company, which moved its headquarters to Dublin earlier this year after completing the deal, absorbed $368 million in acquisition-related costs and $207 million in restructuring. Medtronic's selling, general and administrative expenses also soared 56 percent to $2.4 billion. Its cost of products sold also more than doubled in the quarter that ended April 24.

5. Dollar General First-Quarter Profit Tops Street, Key Sales Metric Rises -

GOODLETTSVILLE, Tenn. (AP) – Dollar General's fiscal first-quarter profit topped Wall Street's expectations, and a key sales measurement rose thanks to better traffic and shoppers spending more per transaction.

6. David Lusk Gallery Relocates to Flicker Street for Now -

Change, milestones, new beginnings – they’re all on the mind of David Lusk at the moment, now that he’s wound things down at his gallery’s longtime home in the Laurelwood Shopping Center to undertake a relocation.

7. B.B. King Memorial Will Be Wednesday on Beale Street -

Blues legend B.B. King will be remembered Wednesday, May 27, with gathering in Handy Park from 11 a.m. to 12:30 p.m.

Beale Street was instrumental in the story of King’s move from Mississippi to Memphis to pursue the blues. King referred to the street as a proving ground for his talent where he was influenced by other musicians and developed his own style.

8. Beale Street Board to Tackle District Plans, Future -

Jeff Sanford has spent much of the past five years consulting on redevelopment projects in other cities.

But Sanford – who stepped down from his post as president of the Center City Commission, now the Downtown Memphis Commission, in 2010 – hasn’t found another entertainment district comparable to Memphis’ most famous street.

9. New Burrito Shop Opens On Beale Street -

Beale Street already boasts plenty of barbecue and beer, but burritos officially have been added to the mix.

Burrito Blues Mexican Grill opened earlier this month on Beale’s north side, between Second Street and Third Street. The menu features build-your-own burritos, tacos, salads and nachos, among other items.

10. New Burrito Shop Opens on Beale Street -

Beale Street already boasts plenty of barbecue and beer, but burritos officially have been added to the mix.

Burrito Blues Mexican Grill opened earlier this month on Beale’s north side, between Second Street and Third Street. The menu features build-your-own burritos, tacos, salads and nachos, among other items.

11. Memphis Budget Proposal Includes More Street Paving, Health Insurance ‘Overhang’ -

Street paving is the centerpiece of Memphis Mayor A C Wharton Jr.’s capital improvements budget for the upcoming fiscal year.

Wharton is proposing a $656.5 million operating budget for the fiscal year that begins July 1. The administration is taking a $55 million capital improvements budget to the Memphis City Council that will include the most street paving the city has done since the federal stimulus fund of 2008, according to Wharton.

12. MATA Buses to Run on Main Street Mall -

The Memphis Area Transit Authority will run shuttle buses on the Main Street Mall starting Sunday.

MATA president Ron Garrison announced the temporary measure in lieu of restoring trolley service Wednesday, April 8, during a taping of the WKNO-TV program “Behind The Headlines.”

13. MATA Buses to Run On Main Street Mall -

The Memphis Area Transit Authority will run shuttle buses on the Main Street Mall starting Sunday.

MATA president Ron Garrison announced the temporary measure in lieu of restoring trolley service Wednesday, April 8, during a taping of the WKNO-TV program “Behind The Headlines.”

14. MATA to Run Buses on Main Street Mall -

The Memphis Area Transit Authority will run shuttle buses on the Main Street Mall starting Sunday.

MATA president Ron Garrison announced the temporary measure in lieu of restoring trolley service Wednesday, April 8, during a taping of the WKNO-TV program "Behind The Headlines."

15. Engineers to Inspect Main Street Property -

Both sides in an Environmental Court lawsuit over a long-vacant property will hire their own structural engineers to inspect the building at 107 S. Main St.

16. Engineers to Inspect Main Street Property -

Both sides in an Environmental Court lawsuit over a long-vacant property will hire their own structural engineers to inspect the building at 107 S. Main St.

17. South Front Street Property Sells for $840,000 -

A Downtown property has traded hands for $840,000.

Stars & Stripes 1B LLC acquired 316 S. Front St. and 324 S. Front St. from Front & Vance LLC, according to a March 27 warranty deed.

18. Main Street Communities Created 1,565 Jobs in 2014 -

The Tennessee Department of Economic and Community Development says Tennessee Main Street communities generated more than $95 million last year and created more than 1,500 jobs.

Tennessee Main Street provides technical assistance and training for communities in developing solutions to make downtowns safe and appealing.

19. Memphis Street Newspaper Marks Second Anniversary -

This weekend will mark the second anniversary of the launch of The Bridge, Memphis’ first street newspaper that addresses the hardships of the some 2,000 Memphians living on the streets.

The first edition launched on March 21, 2013. The team behind it approached members of the homeless population and paid them to share their stories and artwork for publication, in addition to training them as vendors to sell the paper while keeping the profits.

20. Council Honors Streets Ministries Founder Bennett -

The founder of Memphis Streets Ministries has been awarded the Memphis City Council’s annual Humanitarian Award, the highest award the council gives.

Ken Bennett, Streets Ministries’ self-described director of soul, founded the nonprofit ministry in 1987 with a mission of working with and encouraging young Memphians growing up in poverty in the city’s toughest and most blighted neighborhoods.

21. Council Honors Streets Ministries Founder Ken Bennett -

The founder of Memphis Streets Ministries has been awarded the Memphis City Council’s annual Humanitarian Award, the highest award the council gives.

Ken Bennett, Streets Ministries’ self-described director of soul, founded the nonprofit ministry in 1987 with a mission of working with and encouraging young Memphians growing up in poverty in the city’s toughest and most blighted neighborhoods.

22. Council OKs Beale Street Tourism Authority -

The Memphis City Council approved on third and final reading Tuesday, March 3, an ordinance to create a Beale Street Tourism Development Authority to guide future development in the entertainment district and hire a day-to-day manager of the district between Second and Fourth Streets.

23. Council Delays Financial Votes, Approves Beale Street Authority -

Memphis City Council members approved a $4.5 million advance Tuesday, March 3, for the Memphis Area Transit Authority to get past a cash flow problem.

But the council delayed for two weeks a vote on a larger mid-fiscal year budget adjustment for city government in general.

24. Morris Explains Why He’s Leaving Downtown Memphis Commission -

Paul Morris will leave his post as president of the Downtown Memphis Commission late this year to become president of his family’s business, Jack Morris Auto Glass.

25. Memphis Equipment's Roots Go Back to World War II -

To most Memphians driving past the Memphis Equipment Co. front lot on South Third Street near E.H. Crump Boulevard, the company appears to be a small lot of vintage U.S. Army vehicles.

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

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

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

27. This week in Memphis history: February 27-March 5 -

1985: The Center City Commission declared 1984 a “record year” for Downtown, with seven residential projects totaling 500 units underway, bringing the total number of Downtown apartments and condominiums to 1,113 with almost 2,000 people living Downtown. In office development, 13 projects were underway in 1984, adding 1.3 million square feet of office space. The projects included the renovations of Brinkley Plaza and the Falls Building as well as construction of Morgan Keegan Tower and One Memphis Place.

28. Real Estate Pros Upbeat -

After finally latching on to the broader national economic recovery in 2013, the Memphis-area commercial real estate market shook of the last vestiges of the Great Recession and roared back to life in 2014 with the office, retail, industrial and apartment sectors all producing solid gains.

29. Fresh Selection -

It would seem I Love Memphis blogger Holly Whitfield was correct last year with a forecast that called for a “permanent Foodnado” in Memphis.

30. 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.

31. 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.

32. 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.

33. 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.

34. 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.”

35. 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.

36. 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.

37. 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.

38. 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.

39. 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.

40. 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.”

41. 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.

42. 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.

43. 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.

44. 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.

45. 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.

46. 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.

47. 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.

48. 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.

49. 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.”

50. 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.

51. 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.

52. 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.”

53. 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.

54. 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.

55. 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.

56. 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.

57. 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.

58. 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.

59. 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.

60. 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.

61. 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.

62. 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.

63. 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.

64. 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.

65. 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.

66. 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.

67. 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.

68. 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.

69. 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.

70. Fogelman Company Launching Retail Center in East Memphis -

6544 Poplar Ave.
Memphis, TN 38118

Permit Amount: $3.2 million

Permit Application Date: February, 2015

71. 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.

72. 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.

73. 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.

74. 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.

75. 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.

76. 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.

77. 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.

78. 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.

79. 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.

80. 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.

81. 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.

82. 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.

83. 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.

84. 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.

85. 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.

86. 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.

87. 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.

88. 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.

89. 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.

90. 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.

91. 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.

92. 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.

93. 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.

94. 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.

95. 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.

96. 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.

97. $42 Million Permit Filed For Target Fulfillment Center -

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

98. 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.

99. 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.

100. 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.