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Editorial Results (free)

1. Basketball Boon -

Before the Grizzlies began their first-round playoff series with the Clippers in Los Angeles, Dennis Flanagan looked ahead to Game 3, which was to be played on Thursday night, April 25, in Memphis.

2. Launching Pad -

Eric Mathews sounded a little emotional in early February as he described what was about to happen to the organization he leads that’s at the vanguard of spurring entrepreneurship and startup activity in Memphis.

3. Improv Time -

The Orpheum Theatre Memphis’ expansion of its iconic South Main campus is being “re-energized” due to an unanticipated lack of donor dollars.

The Memphis Development Foundation, the organization that operates The Orpheum, in May closed on its $1.2 million purchase of the 0.87-acre parking lot immediately to the south of the 85-year-old theater at 203 S. Main St. from Memphis Light, Gas and Water Division.

4. Maximizing Madison -

The Downtown strip of Madison Avenue from the University of Memphis Cecil C. Humphreys School of Law to Fielder Square Apartments in its prime was the city’s financial hub.

It’s seen some successes in recent times – new businesses opening, building renovations and the removal of the makeshift wall at Main and Second streets that interrupted traffic for two years.

5. UPS Quarterly Results, 2013 Outlook Miss Estimates -

United Parcel Service Inc. says weak global trade and a disappointing holiday-shopping season slowed it down in the fourth quarter.

6. UPS Quarterly Results, 2013 Outlook Miss Estimates -

United Parcel Service Inc. says weak global trade and a disappointing holiday-shopping season slowed it down in the fourth quarter.

7. Startup Conference Billed as ‘Must Attend’ -

Scott Case, the founding chief technology officer of Priceline.com and Startup America CEO, had some words of praise for Memphis and Tennessee while on a panel at November’s Ernst & Young Strategic Growth Forum in Palm Springs, Calif.

8. Crowne Plaza Hotel Sells Out of Foreclosure -

300 N. Second St. Memphis, TN 38103

Sale Amount: $9.4 million

Sale Date: Dec. 28, 2012

9. Apple's Softer Side Emerges Under CEO Cook -

NEW YORK (AP) – "Those jobs aren't coming back."

That's what Steve Jobs reportedly told President Obama when asked at a dinner in early 2011 whether Apple would consider moving some of its manufacturing from China to the United States.

10. Brooks Brothers Relocating to Saddle Creek -

High-end clothier chain Brooks Brothers plans to open a new location at The Shops of Saddle Creek West in Germantown.

The New York City-based retailer will open in 7,500 square feet of space at 7509 Poplar Ave. by early June, taking over the two suites formerly occupied by Indigo and Talbots Men’s. Indigo last month relocated and expanded two spaces down into the old Natural Body Spa & Shoppe space.

11. UPS Says Consumers Driving Shipping Growth -

NEW YORK (AP) — UPS says online shoppers are propping up its business in a tough global economy.

The world's largest package delivery company believes that consumer demand for gadgets will drive its shipments and earnings this year, making up for slower trade between businesses.

12. Taking Stock -

The presidential race is still too close to call, the debates won’t shift things much from a statistical perspective and there’s a fair chance Democrats will retain their majority in the U.S. Senate.

13. Social Media Renders Rapid Judgment on Debate -

WASHINGTON (AP) – Big Bird is endangered. Jim Lehrer lost control. And Mitt Romney crushed President Barack Obama.

Those were the judgments rendered across Twitter and Facebook Wednesday during the first debate of the 2012 presidential contest. While millions turned on their televisions to watch the 90-minute showdown, a smaller but highly engaged subset took to social networks to discuss and score the debate as it unspooled in real time.

14. Midtown Gears Up for Largest Rock for Love Benefit -

From Overton Square to the Hi-Tone Cafe to the Levitt Shell, Midtown Memphis is gearing up to “Rock for Love.”

Now in its sixth year, the annual music-based fundraiser for Memphis’ Church Health Center – the nation’s largest faith-based health care ministry for working, uninsured people and their families – will take place over a four-day period from Thursday, Sept. 6, through Sunday, Sept. 9.

15. Planning Continues for Broad, Binghampton -

As after-school traffic made its way north and south on Tillman Street last week, a crossing guard whistled children across one of the narrow streets by Lester Community Center.

The traffic was mostly cars, but the occasional bicycle from the nearby western terminus of the Shelby Farms Greenline whizzed by as well.

16. Lee House Development Could Propel District -

In the 19th century, Victorian Village was home to Memphis’ elite.

Nowadays, the 10-square-block area in Downtown Memphis has one of the highest concentrations of historic structures in the city, with 24 properties on the National Register of Historic Places within four blocks.

17. Life as Touring Musician Preps Stockwell for PR Role -

Punk-rock musician Marvin Stockwell says life on the road touring the United States, Canada and Europe with his band Pezz uniquely prepared him for his professional role as longtime public relations manager at the Church Health Center.

18. American CEO Bashes US Airways; Calls it Desperate -

BOSTON (AP) – American Airlines CEO Tom Horton wants to set the record straight: It was he who approached US Airways CEO Doug Parker about the possibility of combining the two airlines, not the other way around.

19. UPS: Global Financial Situation Getting Worse -

NEW YORK (AP) – UPS expects the global economy to get worse before it gets better. Again.

The world’s largest package delivery company is more pessimistic about U.S. growth than many economists. It predicts global trade will grow even slower than the world’s economies — a trend not seen since the recession. It’s making cuts in its business and reducing its earnings projections.

20. Events -

TnAchieves will hold a reception for prospective mentors for the 2012-2013 school year Monday, July 9, from 5:30 p.m. to 6:30 p.m. at Leadership Memphis, 365 S. Main St. Current mentors and tnAchieves staff will talk about opportunities to mentor high school seniors planning to attend community college. Visit tnachieves.org or email Kaci Murley at kaci@tnachieves.org.

21. Wal-Mart CEO Says Co. Committed to Compliance -

FAYETTEVILLE, ARK. (AP) – Wal-Mart Stores Inc. CEO Mike Duke said Friday that the retailer is committed to integrity in the wake of recent bribery allegations in Mexico.

Duke joined other executives including chairman Robson Walton, the son of founder Sam Walton, at the company's annual meeting on Friday in pledging that Wal-Mart will get to the bottom of the allegations.

22. Regulators Probe Bank's Role in Facebook IPO -

WASHINGTON (AP) – Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative report about the company before the stock started trading.

23. Revolving Door: Yahoo Ushers Out Another CEO -

SAN FRANCISCO (AP) – Yahoo still has credibility issues, even after casting aside CEO Scott Thompson because his official biography included a college degree that he never received.

24. Tupelo to Study Entertainment District -

TUPELO, Miss. (AP) – Five Tupelo groups have partnered to pay for a market analysis that will target the possibility of building an entertainment venue in the Fairpark District.

The Northeast Mississippi Daily Journal reports the Tupelo Redevelopment Agency on Monday said it has joined with the Tupelo Convention and Visitors Bureau, the Coliseum Commission, the Community Development Foundation and the Downtown Tupelo Main Street Association for the study.

25. City Moves Forward With 25-Square Blight Strategy -

The city started a pilot program last year to clean up blight by utilizing a 25-square-block strategy.

Due to the program’s success, the 25-square strategy is being implemented as the strategy for neighborhood improvement going forward. The program entails crews working in predetermined “target zones” to mitigate grass and weed overgrowth, abandoned and dilapidated houses, litter and debris, impassable sidewalks, congested alleys, potholes and vacant lots.

26. American Makes its Case Against Union Contracts -

NEW YORK (AP) – American Airlines argued before a federal bankruptcy judge Monday that its union contracts need to be changed to make the company financially stable.

The airline lost more than $10 billion in the decade leading up to its declaration of bankruptcy in November. During that same period most of its major rivals used the bankruptcy process to cut wages and benefits, which American says has left it saddled with higher labor costs.

27. Status Update: Facebook to Go Public, Raise $5B -

NEW YORK (AP) – Facebook made a much-anticipated status update Wednesday: The Internet social network is going public eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard University.

28. Balmy Winter Brings Plenty of Economic Surprises -

NEW YORK (AP) – Out of a relatively balmy winter have sprung some economic surprises. People have more cash in their pockets because they aren't turning up the thermostat. Airlines don't have to de-ice planes or battle blizzards. And shoppers are finding great deals on coats and boots.

29. New Dishes -

Memphis’ eyes were bigger than its stomach in 2011, but in a good way.

Some local restaurateurs launched completely new concepts; others entered new submarkets with additional stores. Even a handful of national retailers entered the Memphis market after having locations elsewhere in Tennessee for years.

30. GOP Blocks Obama Nominee to Head Financial Agency -

WASHINGTON (AP) – The battle over the future of a new financial watchdog office escalated Thursday with Senate Republicans blocking confirmation of the man President Barack Obama named to head the office and Obama countering by holding out the possibility of appointing the nominee when Congress is on recess.

31. The Next Link -

The next front in the city’s greenline movement is along the floodwalls of Chelsea Avenue in North Memphis.

Greater Memphis Greenline Inc. plans to develop a 2.5-mile section of an old railway into the Chelsea Avenue Greenline, a multiuse trail that will connect Overton Park with Uptown.

32. Feds Seize Flea Market -

After they shut it down in June, law enforcement agents seized 153,634 counterfeit items from the now-defunct flea market that operated at 4233 S. Third St.

33. UPS Doesn't See US Headed for Another Recession -

UPS is sticking with its earnings forecast for the full year despite what it warns will be a "bumpy ride" for the global economy.

And although slowing U.S. growth and sliding consumer confidence are bringing up comparisons to 2008, the world's largest package delivery company doesn't think the U.S. is headed for another recession.

34. Grocery Shakeup -

Despite facing stiff competition in Memphis from discount chains and department stores that have wedged rows and rows of cheap grocery offerings into their inventories, The Kroger Co. is feeling good about its position here.

35. Analyst: Kroger 2Q Shows Grocery Chain Troubles -

NEW YORK (AP) – A Jefferies & Co. analyst said Monday that Kroger Co.'s disappointing second-quarter results illustrate the difficulties the grocery store industry is facing.

36. Kroger Buys Eight Schnucks To Reopen -

Eight Memphis area Schnucks supermarkets will become Kroger stores in a purchase of the rival stores announced Friday, Sept. 2.

Executives of Kroger’s Delta Division announced the purchase, saying the eight stores will re-open under the Kroger name within weeks after a temporary closing.

37. Kroger Buys Eight Schnucks To Reopen -

Eight Memphis area Schnucks supermarkets will become Kroger stores in a purchase of the rival stores announced Friday, Sept. 2.

Executives of Kroger’s Delta Division announced the purchase, saying the eight stores will re-open under the Kroger name within weeks after a temporary closing.

38. Loftus’ The Brass Door: ‘Pub Inside a Museum’ -

Seamus Loftus sits down for an interview on the mezzanine of his new Irish pub, The Brass Door, looks over at a ventilation duct next to him, runs a finger along one edge and purses his lips in disapproval. He calls a staff member over. “Look,” he says, “I’m not mad, and I don’t remember who’s in charge upstairs, but there’s dust all over these vents. This is unacceptable. Just bring me a rag and I’ll wipe them off.”

39. Events -

The Downtown Memphis Commission will hold a public-sector focus group meeting as part of the Downtown Memphis Design Guidelines and Sign Code update Thursday, Aug.18, at noon in the DMC conference room, 114 N. Main St. For more information, call 575-0540.

40. Events -

The Center City Development Corp. board of directors will meet Wednesday, Aug. 17, at 9 a.m. in the DMC conference room, 114 N. Main St.

41. Rock for Love: A Benefit With Edge -

Five years ago, Marvin Stockwell and Jeff Hulett, the Church Health Center’s guitar-swinging public relations duo, decided to throw a benefit concert featuring local and regional bands.

42. Plans Move Ahead For Cordova Staples -

1.7 acres in
Galleria of Memphis
Sale Amount: $850,000

Sale Date: July 26, 2011

Buyer: TN Cordova Germantown LLC

43. Endpapers -

As the market for brick-and-mortar bookstores lessens, the space that once housed big-box retailers could very well be snatched up faster than a paperback at a liquidation sale.

It was 40 years ago that the first Borders opened its doors in Ann Arbor, Mich., as one of the originators of the big-box bookseller concept. But much to local bookworms’ dismay, Borders will now be known as yet another bookseller to be defeated by the ever-increasing eReader revolution.

44. UPS Sticks to Outlook as Earnings Rise -

NEW YORK (AP) – UPS said on Tuesday that the sluggish U.S. economy will continue to impact its results this year, but it will grow earnings by raising prices and improving volume overseas.

45. Renewed Vision -

Victorian Village Inc. executive director Scott Blake has spent the past five years diligently working to revitalize the neighborhood he calls home, and a slew of recent projects indicate Victorian Village could be on the cusp of a renaissance.

46. Lynnfield Place Apartments Sell for $22.4 Million -

1400 Lynnfield Road
Memphis, TN 38119
Sale Amount: $22.4 million

Sale Date: June 14, 2011
Buyer: Lynnfield Holdings LLC
Seller: Lynnfield Place Tennessee LLC
Details: Lynnfield Place Apartments, on the east side of Lynnfield Road about halfway between Park Avenue to the north and Quince Road to the south, has sold for $22.4 million.

47. Pandora Gains Point to Healthy Internet IPO Future -

SAN FRANCISCO (AP) – Internet radio station Pandora Media's IPO struck the right chord with investors Wednesday despite the static in the overall stock market.

Pandora's shares surged by as much 63 percent in their market debut before pulling back later in the session. The stock closed at $17.42, still a decent gain amid the market's broader decline. It marked a 9 percent increase from Pandora's initial public offering price of $16 and a nearly six-fold increase from what Pandora's own board thought the stock was worth just six months ago.

48. Future of DeWitt Spain Considered -

As the Memphis-Shelby County Airport Authority began paying the first of the bills for protecting General DeWitt Spain Airport from flooding, several members of the airport board asked this week whether they should continue to operate the Frayser general aviation airport.

49. First Baptist Church Files $3.8M Permit -

First Baptist Church-Broad has filed a $3.8 million permit application with the city-county Office of Construction Code Enforcement to expand its facility at 2835 Broad Ave.

50. LinkedIn's Stock Up 90 Percent in Market Debut -

NEW YORK (AP) – LinkedIn's stock more than doubled in its market debut Thursday because of huge investor demand for the first major U.S. social networking company to go public.

The stock traded at $103 at midday under the symbol "LNKD" on the New York Stock Exchange. That puts the company on track for one of the biggest first-day gains of 2011.

51. Tunica Recovery -

Two weeks after rising Mississippi River floodwaters forced a mandatory closure of all of Tunica County’s nine casinos, the area is doing its best to recoup.

Six of Tunica County’s nine casinos and resorts remain closed. Tunica County Emergency Management officials and the Mississippi Gaming Commission are currently working with all nine casino resorts in an effort to assess flood damage, begin the clean-up process and prepare for facility re-openings.

52. Habitat Preps New Headquarters, ReStore -

Habitat for Humanity of Memphis is in the process of relocating to a much larger facility to accommodate its growing base of clients, programs and services.

The local affiliate of the organization – an international ecumenical Christian housing ministry working to provide affordable, quality shelter for all people – makes home ownership affordable for Mid-South families for whom it might otherwise be out-of-reach, by not charging interest or profit on the mortgage and keeping the cost of construction low through the use of volunteer labor.

53. Ridgeway Trace’s Success Fills ‘Huge Void’ -

A dramatic change to the retail landscape in East Memphis began in February of 2005 with one phone call.

Danny Buring, managing partner of The Shopping Center Group, made that call to the owner of the Ridgeway Trace Apartments, located on the southeast corner of Poplar Avenue and Interstate 240.

54. Pinnacle Awards Honor City’s Best Brokers -

As emcee Dan Conaway noted in his opening address Thursday night at the 10th annual Pinnacle Awards, “OK is the new great.”

55. Pinnacle Awards Honor City's Best Brokers -

As emcee Dan Conaway noted in his opening address Thursday night at the 10th annual Pinnacle Awards, “OK is the new great.”

56. Game-Changer -

The first in a series about how the iPad is revolutionizing local business.

It only weighs about a pound, it’s sleek and thin and, from a distance, could almost be mistaken for some kind of clipboard.

57. United Healthcare Community Plan Pledges $250K to Books From Birth -

Before an audience of fresh-faced young children, nonprofit leaders and elected officials at the Urban Child Institute in Memphis Tuesday, United Healthcare Community Plan CEO Scott Bowers presented the Governor’s Book from Birth Foundation with an oversized check symbolizing his company’s $250,000 pledge to support early childhood reading.

58. In Tough Economy, Rental Property Investments Shine -

With the housing market depressed and credit tight, Memphis’ home rental business doesn’t appear to be losing steam any time soon.

Last week, Memphis Investment Properties LLC hosted a three-day tour for a group of 19 New Zealand investors that bought 16 houses for a total $1.08 million.

59. 2011 CRE Outlook Cautiously Optimistic -

Optimism is in the eye of the beholder in the commercial real estate industry. In a city plagued with high vacancies and scarce speculative development, investors have Memphis on its radar – and Memphis should too.

60. Family Dollar Signs 2 Leases for Stores -

Family Dollar has signed a 12,000-square-foot lease at 2754 Lamar Ave. Shawn Massey, partner with The Shopping Center Group LLC, represented the tenant. Harold Blockman with Keller Williams Realty Inc. represented the landlord, Chong K and Dul S. Pae.

61. Long History Follows Paulette’s to Harbor Town -

Georges Falls has seen many changes come upon Overton Square since the entertainment district’s heyday in the 1970s and ’80s, but one of the most startling changes is one he is bringing himself.

Paulette’s, his Continental restaurant that has been a flagship, even a beloved attraction near Madison Avenue and Cooper Street since 1974, is moving to Harbor Town, about as far west as you can get from Midtown and not fall into the Mississippi River.

62. Obama Orders Review of Rules to Boost Economy -

WASHINGTON (AP) — President Barack Obama, in another move to smooth frayed ties with corporate America, ordered a far-reaching review of federal regulations Tuesday with the goal of weeding out rules that hurt job growth and creation. Republicans and business groups welcomed the step but suggested he do even more.

63. Added Gratuity Not Intended to Deter Large Dining Groups -

How festive to be part of a large group at a restaurant, with the conversation, the clinking glasses on extended arms, the laughter, the tasting of colleagues’ food. At this time of year, with office Christmas lunches taking place throughout the city and suburban towns, restaurants are often filled by groups of people toasting the best wishes for the holidays and exchanging presents. What fun!

64. Juicy Jim’s Brings Slice of Jersey to Highland Strip -

“Juicy” Jim Matson, proprietor of two Highland Street eateries, learned everything he knows about the pizza business from his mentor, “Greasy” Tony Giorgianni.

As a teenager growing up in New Jersey, Matson tossed dough and bused tables at Giorgianni’s famous New Brunswick eatery, which fed pizza and cheesesteak sandwiches to generations of hungry Rutgers University students.

65. Tab for Fannie, Freddie Could Soar to $259B -

WASHINGTON (AP) — The government spelled out Thursday just how much the most expensive rescue of the financial crisis will end up costing taxpayers — as much as $259 billion for mortgage buyers Fannie Mae and Freddie Mac.

66. Stimulus Spending Looms Large in Midterm Contests -

DENVER (AP) — A photo of President Barack Obama hangs on the wall in CoraFaye's Cafe, a short walk from the Denver museum where Obama signed into law the most sweeping U.S. economic package in decades in an attempt to put people back to work and end the worst downturn since the Great Depression.

67. Even in Liberal Bastions, GOP Sees Election Chance -

HYANNIS PORT, Mass. (AP) — In the congressional district that's home to the Kennedy family compound, a Kennedy public skating rink and a Kennedy museum, the heart of liberalism is beating uneasily.

68. Bouncing Back -

When Jay Myers published a book in 2007 about how his Memphis-based videoconferencing company bounced back from a close brush with collapse, the world looked a lot different than it does today.

69. Church Says ‘No’ to CVS -

Berclair Baptist Church on Wednesday night voted against selling its building to CVS Corp., but the retail pharmacy’s efforts to take over another corner church at a busy intersection in Memphis is further proof of an ongoing commercial development trend.

70. Park Progression -

The Shelby Farms Park Conservancy is gearing up to debut two new major park enhancements by the end of the year, with more on tap for early 2011 and beyond.

71. Church Says ‘No’ to CVS -

Berclair Baptist Church on Wednesday night voted against selling its building to CVS Corp., but the retail pharmacy’s efforts to take over another corner church at a busy intersection in Memphis is further proof of an ongoing commercial development trend.

72. Schnucks Closure a Sign of Market’s Struggle -

News that the Schnucks supermarket at 1150 N. Germantown Parkway is closing brought to light an important realization about today’s economy.

73. Memphis Movement -

Memphis music producer Scott Bomar considers “Wattstax,” the concert documentary about Stax Records’ 1972 concert in Los Angeles, the “pinnacle of the Memphis music business.”

74. Obama Overtures to Business Fall Flat -

WASHINGTON (AP) – Labeled antibusiness by Republicans and some corporate chiefs, President Barack Obama mounted a campaign to show he wasn't. But his charm offensive has hit a rocky patch.

Business leaders gripe about burdensome new financial and health care regulations, what they see as unfriendly tax policies and vast government spending. They were put off by Obama's harsh depiction of "fat cat bankers" and "reckless practices," a label he applied both to Wall Street and to oil-spill giant BP.

75. Events -

Small Biz Memphis will host the Cordova/Bartlett and East Memphis/Midtown Business Builders Circle meetings Tuesday and Wednesday respectively from 7:45 a.m. to 9 a.m. at 1661 International Drive, suite 400. The Germantown/Collierville meeting will be Thursday at 7:45 a.m. at 2176 West St., suite 110. For more information, call 205-9303.

76. Events -

City Auto will host a Lifeblood blood drive Monday from 11 a.m. to 2 p.m. at its location, 4932 Elmore Road. Giveaways will be provided to those who donate.

77. A Sense of Place -

June West was born with a proverbial thick skin. She said her parents blessed her with an uncanny ability to take criticism in stride, an important trait for anyone who faces the verbal abuse that West routinely absorbs as executive director of the nonprofit Memphis Heritage Inc.

78. Fed Chief to Congress: Don't End Stimulus Spending -

WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke told Congress Thursday that the fragile economy needs government stimulus spending to strengthen the recovery and help reduce unemployment.

79. Major Banking Bill Faces Final Vote This Week -

WASHINGTON (AP) — President Barack Obama on Tuesday secured the 60 votes he needs in the Senate to pass a sweeping overhaul of financial regulations, all but ensuring that he soon will sign into law one of the top initiatives of his presidency.

80. Government Tries to Recoup Some Fannie, Freddie losses -

A federal regulator is taking steps that could lead to the recovery of some losses sustained by mortgage giants Fannie Mae and Freddie Mac.

The Federal Housing Finance Agency said Monday it is looking to get back money that the two government-controlled companies have lost on mortgage securities packaged and sold by Wall Street firms.

81. Allen: Relief Well Timing Depends on Oil's Spread -

THEODORE, Ala. (AP) — A relief well being drilled deep into the seafloor of the Gulf of Mexico to shut down the gushing well could be completed ahead of a long-set deadline of mid-August only if conditions are ideal, government and BP officials said Thursday.

82. Frustrated Station Owners Want BP Help -

Tension is mounting between BP and the neighborhood retailers that sell its gasoline.

As more Americans shun BP gasoline as a form of protest over the Gulf oil spill, station owners are insisting BP do more to help them convince motorists that such boycotts mostly hurt independently owned businesses, not the British oil giant.

83. CVS Inks Deal for Former MAHBA HQ -

CVS has chosen a busy stretch of Germantown Parkway in Cordova for its next area pharmacy.

The company’s regional developer, Redd Realty Services Inc., has inked a deal with Gill Properties to build a retail store on the site of the former Memphis Area Home Builders Association headquarters at 776 N. Germantown Parkway.

84. New Bank Tax Picks Up Support in Congress -

WASHINGTON (AP) - A new tax on large banks is picking up support in Congress as Democratic lawmakers target financial institutions that benefited from the Wall Street bailout to help pay for the Democrats' election-year agenda.

85. High Dow Numbers Don’t Reflect Low Trading Volume -

Think Dow 11,000 is a big deal? Think again.

The Dow Jones industrial average has topped 11,000 for the first time in 18 months.

But Wall Street analysts who study key stock index levels have said all the attention being paid to that 11,000 number is more like a big distraction.

86. Memphis College of Art Files Permit for South Main Building Renovation -

477 S. Main St.
Memphis, TN 38103
Permit Amount: $2.2 Million

Project Cost: $3 million
Permit Date: Applied April 2010
Completion: Fall 2010 (Phase I)
Owner: Memphis College of Art
Tenant: Memphis College of Art
Contractor: Montgomery Martin Contractors LLC
Architect: Askew Nixon Ferguson Architects

87. Arizona Company Buys Midtown Applebee’s -

Phoenix-based Cole Real Estate Investments has paid $2.1 million for the Applebee’s Neighborhood Grill and Bar at 2114 Union Ave. in Midtown.

88. Raleigh-Bartlett Strip Center Fills Back Up -

ORIX Capital Markets, a Dallas-based company operating as the special servicer for a North Memphis retail center, is working to quickly turn around a property once headed for foreclosure.

Village on the Pike at 2974 Covington Pike between Raleigh and Bartlett already is on the upswing thanks to a new owner in ORIX and new leasing and management agent in CB Richard Ellis Memphis.

89. Social Media Icons -

It’s been 46 years since Marshall McLuhan declared, “The medium is the message.”

In that time, the visionary media critic’s five-word analysis has been debated and interpreted in ways even he likely couldn’t imagine.

90. Senate Approves Tax Breaks for New Hires -

WASHINGTON (AP) - Senate Democrats Wednesday delivered the first of several promised election-year jobs bills, passing a measure blending tax breaks for companies that hire unemployed workers with highway funding eagerly sought by the states.

91. Back to Life -

A new chapter is about to be written in the story of a historic Memphis neighborhood once populated by statesmen, land barons and wealthy cotton merchants.

Area stakeholders have several projects in the works to breathe new life into Victorian Village.

92. Where is "Tea Party" Heading? Leaves Are Unclear -

NASHVILLE, Tenn. (AP) - The "tea party" activists all agree: Government is too big. Spending is out of control. Individual freedom is at risk. And President Barack Obama's policies are making it all worse.

93. Dec. Home Sales Down Nearly 17 Percent -

WASHINGTON (AP) – Sales of previously occupied U.S. homes saw their largest monthly drop in more than 40 years last month, sinking more dramatically than expected after lawmakers gave homebuyers additional time to use a tax credit.

94. Obama Steps Up Campaign Against Wall Street Banks -

WASHINGTON (AP) - President Barack Obama stepped up his campaign against Wall Street on Thursday with a far-reaching proposal for tougher regulation of the biggest banks.

"We have to get this done," Obama said at the White House. "If these folks want a fight, it's a fight I'm ready to have."

95. Bonus Comeback: Bailout, Lobbying Boost Bank Pay -

NEW YORK (AP) - The fat cats were supposed to get their comeuppance.

After Wall Street's most prominent firms – by their own admission – helped cause the 2008 financial meltdown and got bailed out by the government, they were supposed to stop handing out million-dollar bonuses to their employees. No one was supposed to get seven- and eight-figure rewards, not after the Great Recession left one in 10 Americans unemployed. Not after President Barack Obama – who on Thursday called such pay "obscene" – had promised to clamp down on lavish bonuses.

96. Obama Tells Banks: 'We Want Our Money Back' -

WASHINGTON (AP) - President Barack Obama told banks Thursday they should pay a new tax to recoup the cost of bailing out foundering firms at the height of the financial crisis. "We want our money back," he said.

97. AP Source: Obama Considers Levy for Rescued Firms -

WASHINGTON (AP) - Targeting an industry whose political deafness has vexed his administration, President Barack Obama is weighing a levy aimed at recovering tax dollars from government-rescued financial institutions.

98. Migliara Buys Summer Avenue Retail Center from Las Vegas Owner -

6343 U.S. 70 (Summer Ave.)
Memphis, TN 38134
Sale Amount: $1.2 Million

Sale Date: Nov. 25, 2009
Buyer: Lawrence Migliara
Seller: Biz Point Property Group LLC
Loan Amount: $1.2 million
Loan Date: Nov. 25, 2009
Maturity Date: Dec. 5, 2014
Lender: Trustmark National Bank

99. Homecoming Approaches For ‘First Church’ -

The congregation of First United Methodist Church will return to its home campus on Dec. 13 after an absence of more than three years, since the original structure burned in an early morning fire.

100. CVS Ventures Into Local, Walgreens-Dominated Market -

CVS is already bringing one pharmacy to U.S. 64 and Houston Levee Road in Cordova, and the company last week secured the land where it will build its second Memphis store.

Woonsocket, R.I.-based CVS, the retail division of CVS Caremark, paid $1.4 million for the 7,344-square-foot retail store at 5055 Stage Road, on the southwest corner of Stage and Covington Pike in Raleigh. The building, which formerly housed a Hollywood Video store, sits on 1.1 acres near the Memphis-Bartlett border.