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Editorial Results (free)

1. Choose901 Heads to D.C. for Recruitment -

The Choose901 organization went to the nation’s capital for a weeklong recruiting blitz.

The effort from Feb. 1-6 was aimed at attracting professionals and soon-to-be college graduates to Memphis, and as part of that Choose901 hosted networking events and information sessions to highlight job opportunities and to talk about the impact of millennials in Memphis.

2. International Paper Beats Expectations in Q4 Earnings -

International Paper Co. posted net earnings of $938 million for 2015, a 40 percent increase from the $555 million in 2014.

3. Medical District Apartments Sell For $9.7 Million -

An apartment complex in the Memphis Medical Center has sold for $9.7 million.

Blair Tower LLC, an affiliate of Hyde Family Investments LLC, purchased the Blair Tower Apartments from Blair MCAP LLC, according to a Jan. 29 warranty deed.

4. Orders to US Factories Fell Sharply in December -

WASHINGTON (AP) — Orders to U.S. factories fell sharply in December, closing out a year in which demand for American manufactured goods retreated for the first time in six years.

Factory orders dropped 2.9 percent in December, the fourth decline in the past five months, the Commerce Department reported Thursday. Orders were down 6.6 percent for the full year, marking the first annual fall since 2009, a year when the country was struggling to emerge from the Great Recession.

5. Medical District Apartments Sell For $9.7 Million -

An apartment complex in the Memphis Medical Center has sold for $9.7 million.

Blair Tower LLC, an affiliate of Hyde Family Investments LLC, purchased the Blair Tower Apartments from Blair MCAP LLC, according to a Jan. 29 warranty deed.

6. EDGE Grants Development Loans to 4 Inner-City Businesses -

Memphis’ inner-city neighborhoods garnered $79,000 in business development loans at the Feb. 3 meeting of the Memphis-Shelby County Economic Development Growth Engine’s finance committee.

7. Cates Wants Detail on Downtown Agreements -

From Mud Island River Park across the Memphis harbor to The Pyramid and further east to St. Jude Children’s Research Hospital – there are a lot of connections as the areas head toward a new incarnation.

8. International Paper Beats Expectations in Q4 Earnings -

International Paper Co. posted net earnings of $938 million for 2015, a 40 percent increase from the $555 million in 2014.

9. Exxon's 4Q and Annual Profit Plunge With Oil Prices -

DALLAS (AP) — The big plunge in crude prices is taking a toll on Big Oil.

Exxon Mobil Corp. said Tuesday that fourth-quarter profit fell 58 percent to $2.78 billion. It was the oil giant's smallest profit since the third quarter of 2002.

10. US Consumer Spending Flat, Savings Rate at 3-Year High -

WASHINGTON (AP) — U.S. consumers kept their spending flat in December and instead boosted their savings rate to the highest level in three years.

Consumer spending was unchanged in December after rising 0.5 percent in November, the Commerce Department reported Monday. Incomes increased 0.3 percent, matching November's gain.

11. Last Word: Groundhog Day's Long Shadow, Minority Percentage & The Value of Sports -

After the January into February weekend we had with its outbreak of spring fever, you might wonder if groundhogs are allowed to change their minds or if shadows that are the result of television lights count as a prediction on the winter’s length.
Or maybe it would be appropriate to have a weather map that includes the Groundhog Day immunity zones – areas where the long shadow of the groundhog does not venture.
Note to television meteorologists: This would in no way interfere with your right to declare large parts of your viewing areas as places of "potentially severe weather" far into the future. But you will need a different color for the Groundhog Immunity Zones.

12. Choose901 Heads to D.C. for Recruitment -

The Choose901 organization is headed to the nation’s capital for a weeklong recruiting blitz.

The effort from Feb. 1-6 will be to attract professionals and soon-to-be college graduates to Memphis, and as part of that Choose901 will host networking events and information sessions to highlight job opportunities and to talk about the impact of millennials in Memphis.

13. The Week Ahead: Feb. 1, 2016 -

How was your weekend, Memphis? The good news is you officially made it through January. Here’s a look at what’s happening this week, from a frigid swim to a FedExForum double-header…

14. Nashville Developer Submits Plans for Downtown Memphis Housing -

Two plans recently filed with the Memphis-Shelby County Office of Planning and Development will turn empty lots into housing for disadvantaged Memphians.

Nashville developer Elmington Capital Group submitted plans for gated multifamily housing in Downtown's South End.

15. Sports Community to Memphis: Acknowledge Our Value -

In sports, it is natural for some – maybe even many – to say what a player, coach, team or even a city can’t do. Memphis knows this well.

There were doubts about the viability of a Downtown minor-league baseball park. But 16 years after AutoZone Park opened at Third Street and Union Avenue, the ballpark is as beautiful as ever – thanks in part to some $6.5 million in upgrades following the team’s purchase by the parent St. Louis Cardinals.

16. Cutting taxes, school choice, tort reform drive Sen. Kelsey -

State Sen. Brian Kelsey calls himself “a proud conservative who likes to get results.”

17. Applications Open for Start Co. Accelerator Slots -

The window is open now for entrepreneurs to apply for $25,000 in investment capital and a spot in one of the Start Co. organization’s three startup accelerators.

18. Fenced Out -

There’s a major problem in Memphis when it comes to minorities: African-Americans make up 63 percent of the population but garner less than 1 percent of total business receipts within Memphis, according to the most recent U.S. Census data.

19. Ford's 2015 Pretax Profit Jumps on Stronger sales -

DEARBORN, Mich. (AP) — Higher sales in most of the world helped Ford Motor Co. achieve a record pretax profit in 2015, but investors remain skittish that the good news won't keep coming.

20. Let’s Hear It for Christine and Patrick! -

This column should be running in late January. Ten years ago, Susan and I flew out to Park City, Utah, for our first (and probably only) Sundance Film Festival. Where “Wordplay,” the award-winning documentary about the crossword puzzle industry, had its world premiere on Jan. 21, 2006.

21. Medical Startup Trades Texas for Germantown -

David Leon’s medical device startup is the latest addition to a rapidly expanding health care, biotech and life sciences landscape in the Memphis area.

22. Dallas Medical Device Startup Moves to Germantown -

A Dallas-based medical device startup has moved its operations to Germantown, into the EPIcenter organization’s new collaborative work and business space.

Trocar Sweep LLC is focused on the development of proprietary general surgery devices with broad application. Trocar CEO David Leon said local assets like the ZeroTo510 medical device accelerator, Memphis Bioworks, EPIcenter and Innova venture capital firm makes Memphis “an obvious choice to start and grow our company.”

23. Harvey Joins Family Safety Center -

Mia Harvey has joined the Family Safety Center as community outreach specialist, a newly created position. In that role, she recruits and trains volunteers, and organizes outreach and other special events that create greater visibility for the center. She also develops presentations on domestic violence, showcasing the many Family Safety Center programs that serve victims and their families.

24. Applications Being Taken Now For Start Co. Accelerator Slots -

The window is open now for entrepreneurs to apply for $25,000 in investment capital and a spot in one of the Start Co. organization’s three startup accelerators.

25. Logistics Startup Exec: Amazon Gunning for FedEx -

The number of voices in the technology world convinced that Amazon has stuck a target on the back of FedEx – as well as its larger competitor, UPS – continues to grow.

The latest is Matthew Hertz, director of operations at package shipment startup Shyp. He took to social networking service LinkedIn in recent days to pen a commentary about why Amazon’s emergence as a significant logistics alternative appears to be a matter of when, not if.

26. The Week Ahead: Jan. 25, 2016 -

We hope everyone survived Snow Terror ‘16 and is looking forward to a fun, productive week ahead that’s free of milk and bread runs. (Saturday’s high temp is 60 degrees – woohoo!) Here’s your weekly rundown of events and happenings worth paying attention to…

27. Equity Crowdfunding: What’s It All About? -

Ray’s Take A new avenue for investing is garnering some media attention. It’s called equity crowdfunding, and it’s a vehicle for small entrepreneurs to expand their businesses.

28. ‘Complete Gut’ Planned for Dermon Building in Downtown Memphis -

The historic Dermon Building at the northeast corner of Third Street and Court Avenue will be turned into a boutique hotel following a recent purchase.

The 46 N. Third St. structure, which was built in 1925, is listed on the National Register of Historic Places due to its art deco and Renaissance-styled architecture. Real estate and bail bonding firms have occupied the lower levels, but the 10-story building has sat completely vacant for a few years and substantially vacant for well over 10 years.

29. First Horizon CEO: 2015 Was a ‘Very Good Year’ -

The top brass at First Tennessee Bank’s parent company kicked off their first quarterly earnings presentation to analysts in 2016 with frequent allusion to some favorite themes.

30. Insider Q&A: Allianz Strategist Hooper on Market Turmoil -

WASHINGTON (AP) — Last year was the stock market's first down year since 2008, and this year has opened with a thud. The market is down 8 percent in the first two weeks of trading, the worst start to a year ever.

31. Last Word: Tri-State's Deal With First Tennessee, Matt Barnes' Fine and The Grind -

It sounds strange to refer to this as a holiday weekend – the anniversary of the birth of Dr. Martin Luther King Jr.
Holidays suggest something different than the rededication to purpose so many of us stress as our definition of this day honoring the memory of a leader whose life made it difficult to imagine what our society would be like without his presence.
That we feel compelled to express the meaning of the day through actions and a recommitment to principles buffeted by reality reflects a hope that we wish to retain as first-hand memories of King’s life fade and his legacy endures.

32. Four Beale Street Proposals Feature Different Backgrounds -

Jeff Sanford fielded inquiries from 17 or 18 companies, local and out of town, expressing some level of interest in the contract to manage the Beale Street entertainment district.

33. First Tennessee Invests in Tri-State Bank -

As of Dec. 31, Tri-State Bank of Memphis has secured almost $5 million in new capital, an investment fueled in part by an “unprecedented transaction” between it and First Tennessee Bank.

34. Tennessee Startups Chasing Greater Opportunities -

When it comes to launching startup companies, Tennessee is best described as “early stage.”

The less than $200 million in venture capital invested in Tennessee businesses in 2014 is a rounding error compared to the $30 billion invested in California. And when the final tally for 2015 comes out later this month, the disparity won’t be much smaller.

35. Daush Eyes Next Career Chapter -

On one hand, a long journey in the education profession will come to an end this spring for Barbara Daush.

Daush is president of St. Agnes Academy-St. Dominic School, a role she has served since 1994. She’ll retire at the end of this school year but it’s a short retirement; Daush begins work in fundraising at the University of Mississippi July 5.

36. Editorial: Listen to What Musicians Say, as Well as What They Play -

If you are looking for what has become of the troubadour – or where the troubadour lives when he or she isn’t on the road less traveled – you are in his or her capital.

It’s hard to think of anyone able to make a living as a musician today in Memphis who isn’t totally consumed by it, immersed in all of it.

37. 4 Applicants Up for Beale Street Gig -

A Fortune 500 corporation, the Memphis-based company behind the Delta Fair, a Memphis real estate management firm with office experience, and a newly formed group of Memphians with experience in real estate, entertainment and restaurants as well as commercial development and financing. Those are the four companies that have applied to manage the Beale Street entertainment district.

38. Haslam: No Gas Tax Push, For Now -

Tennessee Gov. Bill Haslam confirmed Thursday, Jan. 14, that there won’t be a state gas tax hike proposal in this year’s session of the Tennessee Legislature.

But Haslam, who previously said he wasn’t necessarily pushing for such a tax hike as a solution to funding road projects, said that is the most likely future option.

39. Chancellor Steps Aside, Avoids Fight -

Gov. Bill Haslam’s plan to restructure higher education didn’t take long to shake up the hierarchy.

It led to the early retirement of Board of Regents Chancellor John Morgan, who blasted the proposal in a letter to the governor, before legislation even hit the printing press. The longtime state official said he would rather step down than support a plan he feels will be detrimental to colleges and universities.

40. Another Week, Another New Destination for Memphis Airport -

Memphis International Airport has announced its second new destination in as many weeks, this time from low-cost airline Allegiant Air.

The carrier will add a twice-weekly flight from Memphis to Jacksonville, Fla., bringing its total count of destinations from Memphis to seven. Allegiant, which began operations locally last May, currently flies Memphis routes to Austin, Texas; Las Vegas, Nev.; Phoenix/Mesa, Ariz.; and Orlando/Sanford, St. Petersburg-Clearwater and Fort Lauderdale, Fla.

41. Helping Memphis Make the Shift to Startups -

It’s been quite a year! We saw Memphis’ first joint Demo Day with Start Co. and Zeroto510, graduated 18 startups from accelerator programming and hosted several investors and startup enthusiasts from all over the country here for the Memphis in May World Championship Barbecue Cooking Contest. However, on a national scale, our startup community still has plenty of work to do.

42. Are You Really Committed? -

This is the third in a series focused on the prerequisites for fundraising success.

Commitment is critical to successful fundraising. Without commitment, ideas and plans remain just that. Our experience has shown that the full commitment of the board of directors, CEO, staff and volunteer leadership is key to fundraising success.

43. Entac Medical Announces Funding Round -

Memphis-area predictive analytics company Entac Medical Inc. has surpassed initial funding objectives for its Series A funding round.

44. Ballpark Digest Lauds AutoZone Park Renovations -

Extensive improvements before last baseball season earned AutoZone Park Ballpark Digest's Best Ballpark Renovation Award (over $6 million category) for 2015.

"AutoZone Park has always been one of the leading venues in Minor League Baseball, but there's no doubt it had become a dated facility," said Kevin Reichard, Ballpark Digest publisher. "With the St. Louis Cardinals coming on board as owners, it was clearly important to Cards team leaders and the Redbirds front office that the fan experience be significantly enhanced."

45. FedEx, TNT Merger Nabs Regulatory Approval in Europe -

FedEx Corp. has received the green light to proceed with its $4.8 billion acquisition of Dutch delivery company TNT Express.

46. Last Word: Council Round-Up, One Beale's Third Tower and the Battle Over the ASD -

On a clear day, the song goes, you can see forever.
In Memphis though, it seems that no two politicians will see exactly the same thing or have precisely the same opinion.
On a somewhat sunny but not necessarily clear Tuesday in our fair city there was a lot to see.

47. Entac Medical Announces Funding Round -

Memphis-area predictive analytics company Entac Medical Inc. has surpassed initial funding objectives for its Series A funding round.

48. Mall of Memphis Property Bought by Trucking Company -

113-Acre Former
Mall of Memphis Site
Sale Amount: $3.9 million

Sale Date: Dec. 29, 2015
Buyer: TAG Real Estate Holdings LLC
Seller: Memphis Industrial Properties LLC (Johnson Development Associates Inc.)
Loan Amount: $23 million
Loan Date: Dec. 29, 2015
Lender: Mercedes-Benz Financial Services USA LLC
Details: The 113-acre former Mall of Memphis property has a new owner. TAG Real Estate Holdings, an affiliate of Memphis-based TAG Truck Enterprises LLC, paid $3.9 million, or $34,513 an acre, to buy the property from Johnson Development Associates Inc., acting as Memphis Industrial Properties LLC.

49. Tri-State Bank HQ Sale Heightens Speculation -

The northeast corner of Main and Beale streets is more than prime real estate; it’s historic ground with a direct connection to ongoing racial and economic issues.

Tri-State Bank, the city’s 70-year old black-owned bank, and Belz Investco announced Thursday, Dec. 31, that the bank was selling its headquarters, 180 S. Main St., to Belz Investco GP in a $3 million deal.

50. Tennessee Looks for Returns From Investment Program -

NASHVILLE, Tenn. (AP) – After six years, an investment program in Tennessee has become a sparkplug for startups and spurred job creation. It has put private investors on track to make millions and yielded millions in tax savings for insurance companies.

51. Ballpark Digest Lauds AutoZone Park Renovations -

Extensive improvements before last baseball season earned AutoZone Park Ballpark Digest's Best Ballpark Renovation Award (over $6 million category) for 2015.

"AutoZone Park has always been one of the leading venues in Minor League Baseball, but there's no doubt it had become a dated facility," said Kevin Reichard, Ballpark Digest publisher. "With the St. Louis Cardinals coming on board as owners, it was clearly important to Cards team leaders and the Redbirds front office that the fan experience be significantly enhanced."

52. Market Volatility Causes IPO Market to Stall Out in 2015 -

NEW YORK (AP) – The volatile trading that defined 2015 led to a very choppy market for companies wanting to go public.

The number of U.S. companies that successfully made an initial public offering of stock in 2015 dropped by more than 40 percent compared with 2014, according to a report by IPO research firm Renaissance Capital.

53. Poplar Ave. Car Wash Sells for $2.5 Million -

The Boomerang Carwash at 4831 Poplar Ave. has sold for $2.5 million

Arkansas-based Washpop LLC purchased the property from Bailey’s Tunnel Wash LLC in a Dec. 23 warranty deed. In conjunction with the sale, Washpop filed a five-year, $2.5 million mortgage with First Capital Bank.

54. Poplar Ave. Car Wash Sells for $2.5 Million -

The Boomerang Carwash at 4831 Poplar Ave. has sold for $2.5 million

Arkansas-based Washpop LLC purchased the property from Bailey’s Tunnel Wash LLC in a Dec. 23 warranty deed. In conjunction with the sale, Washpop filed a five-year, $2.5 million mortgage with First Capital Bank.

55. East Memphis Retail Strip Sells for $5.3 Million -

An East Memphis retail center has sold for $5.3 million to an out-of-town group.

Orleans Place Retail Center LLC purchased the property at 1779 Kirby Parkway and 1789 Kirby Parkway from Cohen Orleans Place LLC in a Dec. 28 warranty deed.

56. Under Pressure -

The Urban Child Institute’s research produces data. That data provides guidance for making decisions about how to best help Memphis children age 3 and younger. And The Urban Child Institute’s assets, around $150 million in 2013, offer a means to that end.

57. East Memphis Retail Strip Sells for $5.3 Million -

An East Memphis retail center has sold for $5.3 million to an out-of-town group.

Orleans Place Retail Center LLC purchased the property at 1779 Kirby Parkway and 1789 Kirby Parkway from Cohen Orleans Place LLC in a Dec. 28 warranty deed.

58. Entrepreneurs Offer Ideas for 2016 -

New Year’s resolutions tend to run from the mundane – like exercise and eating better – to more profound life goals, professional ambitions and the like. The same is true when it comes to a city like Memphis, which stands on the precipice of what looks to be a new year of consequence on a number of fronts: political, civic, entrepreneurial and more.

59. Healthy Job Market Lifts Consumer Confidence in December -

WASHINGTON (AP) – A stronger job market lifted consumer confidence in December, a business group said Tuesday.

The Conference Board's consumer confidence index rose to 96.5 this month from November's revised 92.6.

60. Google Honors Memphis Among US Digital Capitals -

Google has named Memphis its 2015 eCity of Tennessee, the search engine announced this week.

The eCity Awards recognize the strongest online business community in each state as the digital capitals of America. These cities’ businesses embrace the web to find new customers, connect with existing clients and fuel their local economies.

61. Varsity Brands Acquires Texas-Based Company -

Memphis-based Varsity Brands has acquired Allgoods LLC of Grand Prairie, Texas, an apparel school fundraising company.

62. Varsity Brands Acquires Texas-Based Company -

Memphis-based Varsity Brands has acquired Allgoods LLC of Grand Prairie, Texas, an apparel school fundraising company.

63. US Consumer Spending and Incomes Up in November -

WASHINGTON (AP) — U.S. consumer spending rebounded in November after a weak showing in October, while a key inflation gauge posted the fastest year-over-year increase in 11 months.

Spending increased 0.3 percent in November after an essentially flat reading in October and a 0.2 percent gain in September, the Commerce Department said Wednesday. Personal income rose a solid 0.3 percent in November, reflecting solid gains in wages and salaries, after a 0.4 percent October increase.

64. Danish "Graceland" Museum Changes Name After Lawsuit -

COPENHAGEN, Denmark (AP) — Denmark's Elvis museum, a replica of Presley's Graceland Mansion home in Memphis, is changing its name after a lawsuit for infringement of the "Graceland" trademark.

65. Google Honors Memphis Among US Digital Capitals -

Google has named Memphis its 2015 eCity of Tennessee, the search engine announced this week.

The eCity Awards recognize the strongest online business community in each state as the digital capitals of America. These cities’ businesses embrace the web to find new customers, connect with existing clients and fuel their local economies.

66. Blue Bell Ice Cream Returns to Stores in La., Miss. -

NEW ORLEANS (AP) — Blue Bell ice cream is back in stores in Louisiana and Mississippi, eight months after listeria contamination halted sales and prompted cleanup of production plants.

67. EPIcenter Launches Work, Business Space In Germantown -

The EPIcenter entrepreneurship organization has teamed up with the city of Germantown to open a collaborative work and business space in the Carrefour at Kirby Woods, a shopping center at the intersection of Poplar Avenue and Kirby Road.

68. Demand for Craft Beers Sparks Surge in US Hop Production -

MOXEE, Wash. (AP) — Demand from craft beer brewers led to an 11 percent increase in U.S. hop production in 2015 compared to the previous year.

The U.S. Department of Agriculture's National Agricultural Statistics Service says production totaled 78.8 million pounds.

69. Hiring of New Beale Street Manager Nears -

The Beale Street Tourism Development Authority will soon know what it has to work with in selecting a firm to run the entertainment district on a day-to-day basis.

The deadline for real estate management companies to apply to the authority’s request for proposal or RFP was Friday, Dec. 18.

70. Bioworks Broadens Focus On Agriculture -

The Memphis Bioworks Foundation is capping off another busy year as the city’s go-to organization for seeding and promoting bioscience companies and investment by expanding its executive team and incorporating a new division into the organization.

71. Proposed Used Car Lot In South City Draws Ire -

An applicant seeking to operate a used car lot at 704 Vance Ave. will go before the Shelby County Board of Adjustment Wednesday, Dec. 16, in what seemingly would be a cut-and-dry affair with the BOA staff recommending conditional approval.

72. As Rate Hike Nears, Fed's Hints on Future to be Scrutinized -

WASHINGTON (AP) — It's not about what it will do. It's about what it will say.

The worst-kept secret in the financial world is that the Federal Reserve is all but sure Wednesday to raise interest rates from record lows by a modest quarter point.

73. Memphis Slim Collaboratory Launching Loan Program for Musicians -

The Memphis Slim Collaboratory, also known as "Slim House," is launching a pilot music loan program.

The pilot will be administered by River City Capital Investment, the lending arm of Community LIFT. It will lend musicians funds for touring, recording and merchandise, and the program, in its pilot phase, will deploy $25,000 from now through next May to artists across Memphis’ music spectrum.

74. Avison Young to Open Memphis Office -

A new commercial real estate services firm has come to town.

Toronto, Canada-based Avison Young has hired principals Shane Soefker, who previously was an executive vice president and principal at Cushman & Wakefield/Commercial Advisors, and Jacob Biddle, who served as vice president at C&W/CA.

75. Rhodes Prepares to Begin Briggs Hall Renovation -

Rhodes College’s renovation of Briggs Hall into a computer science center is about to get underway in the latest phase of the college’s expansion.

Grinder, Taber & Grinder Inc. has applied for a $3.7 million construction permit with the city-county Office of Construction Code Enforcement for the project.

76. The Right Fit -

It was the middle of the season and the Tigers were rolling along at 7-0. They had climbed to No. 16 in the national polls and Paxton Lynch was being talked about as potentially the best quarterback in next spring’s NFL Draft.

77. Autonomy Comes With Risk for State’s Universities -

Tennessee officials are lauding Gov. Bill Haslam’s plan to restructure higher education in an effort to meet his goals for the Drive to 55.

The FOCUS Act proposed recently by the Republican governor to make sure 55 percent of Tennesseans hold a degree or postsecondary certificate by 2025 promises to launch a new era for the state’s colleges and universities.

78. Avison Young to Open Memphis Office -

A new commercial real estate services firm has come to town.

Toronto, Canada-based Avison Young has hired principals Shane Soefker, who previously was an executive vice president and principal at Cushman & Wakefield/Commercial Advisors, and Jacob Biddle, who served as vice president at C&W/CA.

79. Rhodes Prepares to Begin Briggs Hall Renovation -

Rhodes College’s renovation of Briggs Hall into a computer science center is about to get underway in the latest phase of the college’s expansion.

Grinder, Taber & Grinder Inc. has applied for a $3.7 million construction permit with the city-county Office of Construction Code Enforcement for the project.

80. Rhodes Prepares to Begin Briggs Hall Renovation -

Rhodes College’s renovation of Briggs Hall into a computer science center is about to get underway in the latest phase of the college’s expansion.

Grinder, Taber & Grinder Inc. has applied for a $3.7 million construction permit with the city-county Office of Construction Code Enforcement for the project.

81. Levitt Shell Modernizes With $4M In Renovations and Additions -

The Levitt Shell will add new sound and light systems and load-in area as well as a gathering place for food and concessions from two adapted trolley cars and have four permanent hilltop spaces with wooden decks for private parties.

82. Obama Signs 5-Year Infrastructure Spending Bill -

WASHINGTON (AP) – A 5-year, $305-billion bill to address the nation's aging and congested transportation systems was signed into law Friday by President Barack Obama, who said it will put Americans to work and provide states with the federal help they need to commit to long-term projects.

83. Memphis Slim Collaboratory Launching Loan Program for Musicians -

The Memphis Slim Collaboratory, also known as "Slim House," is launching a pilot music loan program.

The pilot will be administered by River City Capital Investment, the lending arm of Community LIFT. It will lend musicians funds for touring, recording and merchandise, and the program, in its pilot phase, will deploy $25,000 from now through next May to artists across Memphis’ music spectrum.

84. ZeroTo510 startup SweetBio raises another $900,000 -

One of the most recent companies to participate in the Memphis Bioworks Foundation’s ZeroTo510 medical device accelerator program has raised another $900,000 in venture capital funding.

That new equity financing raised by SweetBio, a medical device startup specializing in wound-healing biomaterials with a dental focus, brings the venture’s total raise to more than $1 million in the past six months.

85. Visible Music College Endowment Reaches $2.5M -

Thanks to an anonymous donor, Visible Music College now has a $2.5 million endowment at the Hope Christian Community Foundation, which the college will use to support $200,000 in scholarships annually for students at the Memphis campus.

86. Central Station Developers Pull $14.2M Permit for Apartments -

Within days of Memphis City Council approval of the Central Station development contract, Henry Turley Co. and general contractor Montgomery Martin Contractors LLC have filed a $14.2 million building permit application for a new apartment complex at 608 S. Front St.

87. Events -

Germantown Community Theatre will present “Miracle on 34th Street: A Live Radio Play” Friday, Dec. 4, through Dec. 20 at GCT, 3037 Forest Hill-Irene Road. Buy tickets at gctcomeplay.org.

88. Yellen Confident in Economy Ahead of Expected Rate Hike -

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen on Wednesday indicated that the U.S. economy is on track for an interest rate hike this month, but she said the Fed will need to review incoming data before making a final decision.

89. Events -

ULI Memphis, the local Urban Land Institute chapter, will present its annual Emerging Trends in Real Estate event Thursday, Dec. 3, from 8 a.m. to 10:30 a.m. at Memphis Botanic Garden, 750 Cherry Road. National and local speakers will discuss a variety of emerging real estate trends. Visit memphis.uli.org/events to register.

90. US Factory Activity Drops in Nov.; First Decline in 3 Years -

WASHINGTON (AP) — U.S. factory activity plummeted last month to the lowest level in more than six years, with a stronger dollar and low oil prices cutting new orders and hurting production.

91. Events -

Downtown Memphis Commission Design Review Board will meet Wednesday, Dec. 2, at 4 p.m. in the Downtown Memphis Commission conference room, 114 N. Main St. Visit downtownmemphiscommission.com.

92. Haslam Seeks Autonomy for 6 Public Universities in Tennessee -

NASHVILLE, Tenn. (AP) –The University of Memphis would get its own governing board separate from the Tennessee Board of Regents in a statewide proposal by Tennessee Gov. Bill Haslam that amounts to a fundamental change in what the Board of Regents does.

93. St. Jude Files $10 Million Construction Permit -

650 St. Jude Place
Memphis, TN 38105

Permit Amount: $10 million

Application Date: Nov. 24, 2015

Owner: St. Jude Children’s Research Hospital

Tenant: St. Jude Children’s Research Hospital

94. Visible Music College Endowment Reaches $2.5M -

Thanks to an anonymous donor, Visible Music College now has a $2.5 million endowment at the Hope Christian Community Foundation, which the college will use to support $200,000 in scholarships annually for students at the Memphis campus.

95. Fitch Affirms AA Rating On MLGW Bonds -

The New York bond rating agency Fitch Ratings has affirmed its AA+ rating of $460.2 million in electric utility revenue bonds issued by the city of Memphis for Memphis Light, Gas and Water Division.

96. Southwind Hotel Sells for $7.1M -

The Four Points by Sheraton hotel in Southwind has sold for $7.1 million, according to a Nov. 20 warranty deed.

Nexus Paartnership (sic) sold the four-story hotel in southeast Memphis, at 4090 Stansell Court, to Southwind Lodging LLC.

97. Methodist Forms Partnership to Improve Health Care Quality in China -

Methodist Healthcare is known as one of Memphis’ leading health care institutions, but it’s also working to spread its institutional knowledge related to things like training and health care management across the globe.

98. Fitch Affirms AA+ Rating on MLGW Bonds -

The New York bond rating agency Fitch Ratings has affirmed its AA+ rating of $460.2 million in electric utility revenue bonds issued by the city of Memphis for Memphis Light, Gas and Water Division.

99. Fed: Memphis Banks See Q3 Improvement -

When Memphis-based Paragon Bank recently reported record third-quarter revenue, the highest total loans in the bank’s history and a big drop in nonperforming assets, Paragon CEO Robert Shaw was unequivocal.

100. US Economy Grew at 2.1 Percent Rate in Third Quarter -

WASHINGTON (AP) — The U.S. economy grew at a slightly faster rate in the summer than previously reported, mainly because businesses restocked their goods at a stronger pace than first thought.

The overall economy, as measured by the gross domestic product, grew at an annual rate of 2.1 percent in the July-September period, the Commerce Department reported Tuesday. It previously estimated growth of 1.5 percent.