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Editorial Results (free)

1. The New Beale -

Over the last four years, the next chapter in the development of Beale Street has been a stop-and-go affair. First would come announcements followed by silence from official channels.

Along with that silence, though, was quiet activity on the side, a movement that culminated with the March announcement of Memphis Mayor A C Wharton Jr.’s strategic planning committee’s report, “A Framework for Beale Street.”

2. Signs of Life -

Home sales activity picked up in the first quarter of this year across the Mid-South, and brokers believe the market recovery is gaining traction.

Shelby County home sales rose 6 percent during the first quarter, with 3,382 sales from January to March compared to 3,179 during the first quarter of 2012, according to real estate information company Chandler Reports, www.chandlerreports.com.

3. Rediscovering the Past -

High-rise office buildings surround it on two sides and even the multistoried rectory at St. Peter Catholic Church offers a downward view of the Magevney House on Adams Avenue, east of Third Street.

4. Reardon Cautions Downtowners About Heritage Trail -

The University of Memphis professor spearheading the opposition of demolishing the city’s last remaining public housing project in the Vance Avenue neighborhood says that while the Heritage Trail Community Redevelopment Plan appears to be on “indefinite hold,” it is not dead, and Downtowners should beware.

5. WKNO-TV to Broadcast Beale Street New Year’s Eve -

Beale Street will be home to a New Year’s Eve celebration this Dec. 31, with an outdoor concert, the traditional Guitar Drop and fireworks at the stroke of midnight.

This New Year’s Eve theme is “Celebrate 30 Years of Resurrecting the Blues.” The ribbon cutting for the rebirth of Beale Street took place in October 1982. Since that time, Beale Street has become a globally renowned entertainment district.

6. WKNO-TV to Broadcast Beale Street New Year’s Eve -

Beale Street will be home to a New Year’s Eve celebration this Dec. 31, with an outdoor concert, the traditional Guitar Drop and fireworks at the stroke of midnight.

This New Year’s Eve theme is “Celebrate 30 Years of Resurrecting the Blues.” The ribbon cutting for the rebirth of Beale Street took place in October 1982. Since that time, Beale Street has become a globally renowned entertainment district.

7. Events -

Baker, Donelson, Bearman, Caldwell & Berkowitz PC will host a labor and employment breakfast briefing Thursday, Nov. 29, from 8 a.m. to 9:30 a.m. at Holiday Inn, 280 Marathon Way in Southaven. The topic is “Preparing for 2013: A Look Back at Significant Employment Law Developments Over the Past Year and What to Expect in the New Year.” Cost is free. R.S.V.P. to rsvp@bakerdonelson.com.

8. Bioventus Inks Deal for 40,000 Square Feet -

A Durham, N.C.-based biologics company is relocating its Memphis presence, signifying a boon to the Northeast office submarket.

Bioventus LLC has inked 38,880 square feet of office and manufacturing space in Goodlett Farms Business Campus, 1900 Charles Bryan Road, in Cordova.

9. Gen X Inks State’s First Location on Austin Peay -

A trendy Vernon, Calif.-based retailer has inked its first Tennessee location in Austin Peay Plaza.

Gen X Clothing Inc. signed a 35,000-square-foot lease at 3252 Austin Peay Highway. The space was formerly occupied by Big Lots.

10. Willow Oaks Apartments Sell for $1.5 Million -

2429 Ketchum Road Memphis, TN 38114

Sale Amount: $1.5 million

Sale Date: Nov. 2, 2012

11. Owner of Mixed-Use Property Files $1.4 Million Loan -

The owner of the mixed-used property at 300 Poplar Ave. Downtown has filed a $1.4 million loan through Clayton Bank and Trust.

12. Hotel Chisca Gets New Owners, Art Facelift -

The chain-link fence surrounding the dilapidated Hotel Chisca in Downtown Memphis is a little bit easier on the eyes as of Saturday, Oct. 27.

That’s because it now boasts 30 colorful banners created by students of St. Louis Catholic School, under the leadership of art teacher Robin Durden. The art exhibit, “Memphis Music Icons,” pays tribute to the Hotel Chisca’s legacy of being the location where Elvis Presley was first played on Dewey Phillips’ “Red, Hot and Blue” radio show from the WHBQ studios in 1954.

13. Hotel Chisca Gets New Owners, Art Facelift -

The chain link fence surrounding the dilapidated Hotel Chisca in Downtown Memphis is a little bit easier on the eyes as of Saturday, Oct. 27.

That’s because it now boasts 30 colorful banners created by students of St. Louis Catholic School, under the leadership of art teacher Robin Durden. The art exhibit, “Memphis Music Icons,” pays tribute to the Hotel Chisca’s legacy of being the location where Elvis Presley was first played on Dewey Phillips’ “Red, Hot and Blue” radio show from the WHBQ studios in 1954.

14. Grassroots Effort -

Approaching the second anniversary of “New Face for an Old Broad” and the Historic Broad Avenue Business Association’s painting of its own bike lanes, the Binghampton district has seen activity increase exponentially on several fronts.

15. ‘Back in Time’ -

When local model railroaders first got together with the idea two years ago, there was little more than a dream and a dark tunnel.

Today, the light at the end of that tunnel is the 2,500-square-foot Memphis Railroad & Trolley Museum at 545 S. Main St. in Downtown.

16. LeMoyne-Owen to Begin Work on $13.5 Million Residence Hall -

869 Saxon Ave.
Memphis, TN 38126

Permit Cost: $9 million

Permit Date: Applied September 2012

17. Venson Center Work Kicks Off Heritage Trail -

The ambitious $1 billion, 10-year redevelopment project called Triangle Noir during former Memphis Mayor Willie Herenton’s administration is now called Heritage Trail.

And the first move beyond the demolition of the Cleaborn Homes public housing development is the exterior renovation of the R.Q. Venson Center high rise at Beale Street and Danny Thomas Boulevard.

18. Dot-Com Moves Distribution To Memphis -

Wilsonville, Ore.-based LinenTablecloth.com has entered the Memphis industrial market, leasing 82,500 square feet at 3046 Datsun Drive for its new distribution center.

19. Council To Consider Gas Tax Increase -

Memphis City Council members vote Tuesday, Aug. 7, on the third and final reading of a proposed local gasoline tax that would go to Memphis voters on the Nov. 6 ballot.

The council meets at 3:30 p.m. at City Hall, 125 N. Main St.

20. Nursing Home Owner Files $13 Million Loan -

3549 Norriswood Ave.
Memphis, TN 38111

Loan Amount: $13 million

Loan Date: July 13, 2012

21. Owner Files $1.3 Million Loan on Cadre Building -

Cadre Realty LLC has filed a $1.3 million loan through First Alliance Bank on the Cadre Building at 149 Monroe Ave., on the southeast corner of Monroe and South Second Street.

22. Former Southwest Twin Drive-In Coming Down -

The old Southwest Twin drive-in theater at South Third Street and Raines Road is the property of the federal Homeland Security Department for the time being.

One of the old screens is still there at the busy corner through the Westwood, Coro Lake and Indian Hills communities. But trees in front of the screen block about a third of the height of it.

23. Exeter Closes On Acquisition Of ProLogis Properties -

Pennsylvania-based Exeter Property Group has closed on its acquisition of 10 Memphis-area industrial buildings for $40 million from San Francisco-based ProLogis Inc.

24. JPMorgan CEO Says Execs May Have Pay Taken Back -

WASHINGTON (AP) – JPMorgan Chase CEO Jamie Dimon told Congress on Wednesday that senior bank executives responsible for a $2 billion trading loss will probably have some of their pay taken back by the company.

25. Graceland Marks 30th Year as Tourist Attraction -

MEMPHIS (AP) – When Graceland opened to the public 30 years ago this month, nobody knew if it would be a success. Nearly 18 million visitors later, the house where Elvis Presley once lived is a money-making business that's helped transform the city of Memphis into a top destination for music lovers.

26. Regulator: JPMorgan had 'Inadequate' Risk Controls -

WASHINGTON (AP) – A top federal regulator says JPMorgan Chase had weak controls in place to contain risk in its investment division that suffered a $2 billion-plus trading loss.

U.S. Comptroller of the Currency Thomas Curry told a Senate panel on Wednesday that the nation's largest bank began reducing the amount of hedging it was doing to minimize potential losses at the end of 2011. Curry's agency is examining JPMorgan's risk-containment policies in the weeks before it suffered the trading loss this spring.

27. 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.

28. New York Co. Buys Into Four Lenox Park Bldgs. -

3150 Lenox Park Blvd., 6750 Lenox Center Drive, 6745 Lenox Center Court and 6775 Lenox Center Court Memphis, TN 38115

29. Medicare Disruptions Seen if Health Law is Struck -

WASHINGTON (AP) – Medicare's payment system, the unseen but vital network that handles 100 million monthly claims, could freeze up if President Barack Obama's health care law is summarily overturned, the administration has quietly informed the courts.

30. 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.

31. Colonnade at Germantown Sells for $23 Million -

7491 Wyndhurst Place or 7455 Wolf River Blvd.
Germantown, TN 38138

32. Irish Stories -

Throughout the nation’s history, millions of Irish men and women – in an effort to escape poverty, famine, joblessness and English oppression at home – made the journey across the Atlantic seeking fresh starts in the “land of opportunity.”

33. Site Work for St. Jude Tower Part of Permit Application -

315 Danny Thomas Place
Memphis, TN 38105

Permit Cost: $5 million

Project Cost: $190 million

34. Memphis-Made Video Stars ‘Two Kings’ -

A new music video recently filmed in Memphis features the unlikely duo of veteran country artist Pam Tillis and Memphis native and rising rhythm and blues star Kris Thomas.

35. Honors Continue For Architect Of Memphis Sound -

Memphis music icon Willie Mitchell was honored on what would have been his 84th birthday last week with a Tennessee state historical marker at his Royal Studios.

36. Revealing Character -

Not long after the Oscar for Best Documentary Feature was awarded to “Undefeated” during the 84th annual Academy Awards, the film’s big-name executive producer excitedly sent out a flurry of tweets.

37. Will Higher Gas Prices Derail the Economy? -

NEW YORK (AP) – The price of gas has jumped 45 cents since Jan. 1 and is the highest on record for this time of year, an average of $3.73 a gallon. On Wall Street, talk has turned from the European debt crisis to another worry: Will higher gas prices derail the economic recovery?

38. Scrapping Plans -

Covered in vines and behind a chain-link fence on the corner of Plum Avenue and North Thomas Street are several white posts that are the last remnant of what was once the Lazarov junkyard in North Memphis.

39. Calvary Kicks Off Lenten Festivities -

In a Memphis tradition dating back to 1928, locals from all walks of life gather each weekday during Lent at Calvary Episcopal Church to nourish their bodies with warm, home-cooked meals and their souls with the word of God and the fellowship of neighbors.

40. Room Service -

The good news for the local hotel industry is that last year notched the most rooms ever sold on a daily basis with 4.8 million – 115,628 more than 2010 and 76,780 more than the previous high set in 2007.

41. The Coach’s Calling -

Earlier this week, Manassas High School principal James Griffin was shopping at a Sam’s Club store and was stopped by several people raving about “Undefeated,” the Oscar-nominated documentary about one season in a hard-fought turnaround of the Manassas football program that could earn an Academy Award this weekend.

42. Equipment Shortage Possible by Mid-Summer -

Some local construction companies could be scrambling by summertime in search of heavy equipment like cranes, scissor lifts and backhoes for their projects.

With a number of large commercial construction projects ramping up across the city between now and then, equipment is expected to be in short supply and high demand.

43. Trading Hands -

It’s been something of a roller coaster ride for a little more than six months in the drawn-out process by Regions Financial Corp. to sell Morgan Keegan & Co. Inc., its Memphis-based investment unit.

44. Council to Delve Into Electrolux Incentives -

Memphis City Council members will talk Tuesday, Jan. 17, about getting more information from the mayor’s office about financial incentives used to bring companies to the city.

A resolution asking the administration to give the council a summary sheet of any executed contracts requiring a city investment of more than $250,000 is the topic of the first chairman’s meeting at 10 a.m.

45. Delta Shares Up on Report of Interest in AMR -

FORT WORTH, Texas (AP) – Shares of Delta Air Lines Inc. rose Thursday after a report that the world's second-biggest airline may try to buy American Airlines parent AMR Corp.

46. Raymond James statement on Morgan Keegan acquisition -

Raymond James Financial's official statement about the Morgan Keegan acquisition:

RAYMOND JAMES TO ACQUIRE MORGAN KEEGAN & COMPANY

ST. PETERSBURG, Fla. – Raymond James Financial, Inc. announced today that it has entered into a definitive stock purchase agreement to acquire Morgan Keegan & Company, Inc. and related affiliates from Regions Financial for $930 million, expanding both its private client wealth management and capital markets businesses.

47. Land Use Board Considers Multifamily Space -

The Memphis-Shelby County Land Use Control Board will meet Thursday, Jan. 12, to discuss a special permit allowing 50 multifamily residential homes for the elderly on 4 acres on the east side of North Seventh Street south of Wells Street in Downtown Memphis.

48. Council Delays Scrap Yard Vote -

Plans for a 68-acre scrap and junk facility at Thomas Street and Royal Avenue in North Memphis took a step back this week at City Hall.

49. 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.

50. Dunkin' Brands' Net Income Falls on Charges -

NEW YORK (AP) – Dunkin' Brands Group Inc. said Tuesday its net income plummeted 61 percent in the quarter that it became a public company, as its efforts to pay down debt and big fees to the private-equity firms that used to own it offset revenue gains.

51. Takeovers, Anticipated European Deal Lift Stocks -

NEW YORK (AP) — Stocks gained steadily Monday on a round of corporate takeovers and reports that Europe's bailout fund will be larger than anticipated. The Dow Jones industrial average was up nearly 130 points in the late afternoon. The Nasdaq composite index turned positive for the year.

52. A Look Back, A Look Ahead -

Now that you know the past and present of the company that publishes The Daily News and The Memphis News, what should you expect in the future?

Here are a few predictions about our city in general – something to agree or disagree with, or have a good laugh. And maybe keep a copy of to compare with what actually happens between now and then.

53. Lease on Former Three Alarm Studio in Foreclosure Again -

The leasehold on a former Downtown Memphis fire station with a checkered 25-year history and a strategic location – 200 Linden Ave. – is facing foreclosure again.

54. Retailers Report Solid Sales Gains for July -

NEW YORK (AP) – Many retailers posted solid sales during the kickoff to the back-to-school season as discounts and high temperatures in July drove shoppers to air-conditioned malls. But merchants worry that momentum won't continue through the remainder of the second-biggest shopping period of the year as the weather gets cold and the deals dry up.

55. LensRentals.com Moves Into Trinity Ridge -

A local camera- and lens-rental company is expanding into a significant amount of space in the already tight Northeast submarket.

LensRentals.com has signed a 16,800-square-foot lease in Cordova’s Trinity Ridge Business Center, 7730 A Trinity Road, suite 110.

56. 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.

57. ‘Off Night’ No Excuse For Bad Dining Experience -

The mantra seems to be: “Every restaurant has an off night.”

So that excuses everything?

You drop a hundred or two hundred bucks on a meal that never cohered and the service was lackadaisical and the atmosphere sort of not on point and you’re supposed to walk out and say to your companion, “Well, I guess every restaurant has an off night,” and you both shake your heads wisely and ruefully?

58. Commission Approves Balanced Budget -

No county property tax hike. No 2 percent pay raise for county employees. The full $400,000 in funding for the county office of early childhood and youth, and no cuts in funding to the Greater Memphis Chamber or Shelby Farms Park.

59. Cycling Progress -

After a detour through some continuing controversy involving Madison Avenue, the idea of bike lanes in Midtown is back to near unanimous public support for the lanes on North Parkway between Front Street and Overton Park.

60. Cordova’s Parkway Place Hits 100 Pct -

Two recent leases at Parkway Place Office have brought the center to 100 percent occupancy. Guardian Community Living LLC signed a 10,500-square-foot lease in the 70,000-square-foot office annex that is situated in Cordova.

61. Annesdale Snowden Plows On With Home Show -

Stanton Thomas isn’t an actor, but he’s willing to play a role to draw attention to homes in the Annesdale Snowden Historic District where he lives. The neighborhood’s annual home tour is still viable, he said, though others have fallen by the wayside.

62. Businesses Now Hiring at Fastest Pace Since 2006 -

WASHINGTON (AP) – American companies are on a hiring spree.

Businesses delivered a jolt of strength to the economy by creating 268,000 jobs in April, the biggest monthly total in more than five years. The gains were solid across an array of industries, even beleaguered construction.

63. Memphis Pride Signs Lease At Trinity Ridge -

An up-and-coming Mid-South cheer and tumbling company has signed a new lease to expand its business, a move that will benefit the facility’s students and parents alike.

Memphis Pride is relocating from a 5,000-square-foot space in Cordova Industrial Park to 16,080-square-foot lease at 7740 B Trinity Road, suite 126.

64. ‘Homage’ to Musical Greats on Display -

After the echoes of this weekend’s Memphis in May Beale Street Music Festival fade away, the images of some of its top 2011 performers will remain in a Downtown gallery.

“Homage,” a photographic exhibition by Leon Morris, reveals the passion of musicians like Betty Lavette, Jerry Lee Lewis and Magic Slim in the process of creating their art.

65. Council Sets Rules for Food Trucks -

The Memphis City Council gave final approval Tuesday to an ordinance that sets new rules for mobile food vendors including food trucks.

The ordinance sets hours, times and rules for where the vendors can park or set up their mobile stands. It also establishes distances from existing restaurants in the Downtown area and in the rest of the city.

66. Council to Consider Budget, Schools Tax -

Memphis Mayor A C Wharton Jr. takes a $687.4 million city operating budget Tuesday to the Memphis City Council.

And the council will talk over a special school tax rate of 39 cents Tuesday.

The budget proposal is $22.7 million in the red.

67. Black Equip. Supply Grows Memphis Presence -

Black Equipment Supply is relocating its Memphis presence to a space that nearly doubles the size of the firm’s former location.

The company will vacate its 14,000-square-foot space off Cherry Road and has signed a 25,372-square-foot lease at Shelby Air Park, 4570 Shelby Air Drive, suite 8.

68. Batter Up -

Opening Day is right around the corner for the Memphis Redbirds, who will open the 2011 campaign with improvements to both its ballpark and its financial outlook.

The Redbirds, the minor league Triple-A affiliate of the St. Louis Cardinals, on Thursday begin their 14th season in Memphis and 12th at AutoZone Park following the move from Tim McCarver Stadium in 2000.

69. Renovations Begin at Pinnacle Headquarters -

40 S. Main St.
Memphis, TN 38103
Permit Amount: $8.7 Million

Project Cost: $8.7 million
Permit Date: Applied February 2011
Owner: Memphis Commerce Square Partners
Tenant: Pinnacle Airlines Corp.
Contractor: Grinder, Taber & Grinder Inc.

70. Mississippi LLCs Finance Three Self-Storage Sites -

Three limited liability companies affiliated with Gulfport, Miss.-based Tellus Equity GP have financed self-storage facilities the LLCs bought last year. All the loans were taken out through Standard Insurance Co. with a maturity date in March 2036.

71. Republicans: Report on Financial Crisis was Biased -

WASHINGTON (AP) – Republicans criticized a government report on the causes of the 2008 financial crisis as biased and political on Wednesday. Democrats fired back that Republicans want to roll back federal regulations of the financial industry.

72. Obama Says White House, CEOs Must Work Together -

WASHINGTON (AP) – President Barack Obama prodded American businesses to do their share to help the economy, calling on executives to “get in the game” and begin investing nearly $2 trillion accumulating on their balance sheets.

73. 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.

74. Cleaborn Homes Tops Council’s Agenda -

The first Memphis City Council meeting of 2011 features a light agenda.

Among the items is approval of a $3 million appropriation of federal funding for the redevelopment of the Cleaborn Homes public housing development.

75. EMHC Moving to Appling Farms, Doubling in Size -

Emergency Mobile Health Care is more than doubling the size of its Memphis corporate headquarters.

EMHC has signed a 14,200-square-foot lease at 6972 Appling Farms Parkway. EMHC currently occupies 6,900 square feet at 5071 Wilfong Road, and also has an office in Jackson, Tenn.

76. CCHS, Donlon Help City’s Underserved -

When Rick Donlon and three other newly minted doctors came to Memphis in the mid-1990s, they were attracted by circumstances most might not find so attractive: the largest concentration of medically-underserved communities in the state.

77. B.I.G. Idea -

With crime on a downward spiral in Memphis, a new initiative seeks to amplify this trend by forging partnerships between business leaders and police precincts.

Business Interest Group (B.I.G.) Uniting for a Better Memphis is asking people to step outside their office walls to learn what’s really happening in nearby neighborhoods. Likewise, precinct commanders are coming into conference rooms to present crime statistics and answer questions.

78. Center Stage -

Last week Kallen Esperian sent her world-renowned operatic soprano soaring through Calvary Episcopal Church.

The week before Ruby Wilson proved once again that she’s the Queen of Beale by beling out bluesy renditions at the historic church.

79. Shelby County Court Filings See Sharp Dropoff From Q2 -

Court filings in Circuit, Chancery and Probate Courts for the third quarter of 2010 were relatively unchanged from the same quarter of 2009 and down significantly from the second quarter of this year

80. Alabama Avenue Could Become Residential Corridor -

For years, the stretch of Alabama Avenue between Danny Thomas Boulevard and Poplar Avenue has been both a traffic shortcut and a hotspot for illegal drug sales and violent crime.

For the last year, there has been some very different activity.

81. D. Canale Site Sells as Part of Hand Purchase -

45 E.H. Crump Blvd.
Memphis, TN 38106
Sale Amount: $4 million

Sale Date: Sept. 24, 2010
Buyer: The Hand Family Realty Co. LLC
Seller: D. Canale Beverages LLC
Loan Amount: $48.4 million
Loan Date: Sept. 27, 2010
Maturity Date: n/a
Lender: Branch Banking and Trust Co.

82. Circa Slated for Regalia Space -

Circa by John Bragg restaurant plans to open its East Memphis location at Regalia shopping center, Boyle Investment Co. recently announced.

83. Elvis Presley Enterprises Buys 3716 Elvis Presley Blvd. -

Elvis Presley Enterprises Inc. has bought a 3,500-square-foot building at 3716 Elvis Presley Blvd. from JBC Financial Group for $1.1 million. Built in 1976, the building sits on 0.56 acres on the east side of Elvis Presley Boulevard north of Dolan Street.

84. Events -

Baker, Donelson, Bearman, Caldwell & Berkowitz, PC will present “How the New National Labor Relations Board Will Impact Your Business” Thursday from 8 a.m. to 9 a.m. at its office, 165 Madison Ave., 20th floor. The event is free and breakfast will be provided. To register, contact Nicolette Thomas at 577-2328 or nthomas@bakerdonelson.com.

85. Events -

Center City Development Corp. Board of Directors will meet Wednesday at 9 a.m. in the CCC conference room, 114 N. Main St. For more information, call 575-0574.

86. Honoring Heritage -

Judy Peiser has a good idea of how Memphians define Memphis, but the catch is that her definition lasts only one year at best.

This weekend, the Memphis Music and Heritage Festival, hosted by the Center for Southern Folklore, gives Memphians a chance to live Memphis’ identity and cultural legacy on the streets of Downtown.

87. Taking Care of Business -

A diverse mix of Memphis businesses is defying the odds and finding success spanning multiple family generations. Grant & Co., Champion Awards, Jim’s Place East, Barden Stone and Broadway Pizza are among the Memphis institutions thriving under second- and third-generation ownership and management.

88. DriveTime Car Sales Buys Former Bud Davis Dealership -

2177 Covington Pike
Memphis, TN 38128
Sale Amount: $1.3 million

Sale Date: Aug. 13, 2010
Buyer: DriveTime Car Sales Co. LLC
Seller: First Tennessee Bank NA

89. Events -

Baker, Donelson, Bearman, Caldwell & Berkowitz PC will present “Workforce Expense Reductions” Thursday from 8 a.m. to 9 a.m. at Baker Donelson’s office, 165 Madison Ave., 20th floor. For more information or to register, contact Nicolette Thomas at 577-2328 or nthomas@bakerdonelson.com.

90. Events -

The National Black MBA Association will hold a breakfast meeting Wednesday at 7 a.m. at 860 Ridge Lake Blvd. The topic of the meeting is “The Brand You: Perception vs. Reality.” For more information, visit www.nbmbaa.org.

91. 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.”

92. Mississippi Company Buys Storage Facility on Raines -

A Gulfport, Miss., company has bought a third self-storage facility, this one at 6504 Raines Road near the northwest corner of Kirby Parkway and Raines Road.

93. 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.

94. Methodist Le Bonheur Healthcare Buys Sutherland Cardiology Clinic -

7460 Wolf River Blvd.
Germantown, TN 38138
Sale Amount: $13.3 Million

Sale Date: July 1, 2010
Buyer: Methodist Healthcare-Memphis Hospitals
Seller: The Sutherland Cardiology Clinic Rental Co. LLC

95. Mississippi Co. Buys Two Self-Storage Facilities -

A Gulfport, Miss.-based company has bought two Memphis self-storage facilities for a total $2.9 million.

Northwest and Southern Self Storage Partnership sold its facility at 3891 Thomas St. to TSRE III Northwest LLC for $1.5 million. The purchase was financed with a $1.1 million loan through Virtus Storage Investment III LP. The same seller sold its 4740 Getwell Road facility to TSRE III Southern LLC for $1.4 million. It was financed through Virtus for $1 million.

96. Irish Soul Man Promotes Memphis Music Tourism -

Chris Maher is one of Memphis soul music’s greatest ambassadors.

The 35-year-old disc jockey hosts a radio show called The Soul Train, he’s the founding CEO of a major soul music festival and he’s the creator of a charity – inspired by the Stax Music Academy – aimed at providing music education for urban children.

97. SunTrust Files Permit for Uptown “St. Jude” Branch -

600 A.W. Willis Ave.
Memphis, TN 38103
Permit Amount: $720,000

Project Cost: TBA
Permit Date: Applied June 2010
Completion: First Quarter 2011
Owner: SunTrust Banks Inc.
Tenant: SunTrust Banks Inc.
Contractor: TBA

98. Fed Strikes More Cautious Tone on US Recovery -

WASHINGTON (AP) — The Federal Reserve struck a more cautious tone about the strength of the U.S. economic recovery, indicating Europe's debt crisis poses a risk to it.

Wrapping up a two-day meeting Wednesday, the Fed in a 9-1 decision retained its pledge to hold rates at record-low levels for an "extended period." Doing so will energize the rebound.

99. Landmark Overhauls May Not Help Democrats at Polls -

WASHINGTON (AP) - Anxious and angry, Americans are not in a congratulatory mood. That's bad news for President Barack Obama and his Democratic allies.

After winning a landmark health care overhaul earlier this year, Obama now stands on the brink of seeing Congress approve the most far-reaching overhaul of Wall Street regulations since the 1930s. Democrats aim to put it on his desk by July 4.

100. LUCB to Consider Checkers Plan -

Among the items on tap at Thursday’s Memphis-Shelby County Land Use Control Board meeting is site plan approval for a Checkers restaurant on the south side of Winchester Road east of County Gate Road.