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Editorial Results (free)

1. Last Word: Downtown Crime Discussions, Greensward Arrests and Lead Pipes -

An after-midnight stampede on Beale Street a week after one person was killed and two other people were wounded in a random shooting a block north of the entertainment district.

Summer is here by tradition if not by the calendar just yet. And Downtown there is already a debate behind the frequent declaration that Downtown is the safest area of the city.

2. Fast Money: Banks Making It Easier to Split the Tab -

NEW YORK (AP) – Splitting the bill for those pizzas you shared with your buddies or that utility bill that is suddenly due is going to get easier and faster even if you don't all use the same bank.

3. City Council Weighing Budget Amendments -

The Memphis City Council budget committee plan to wrap up its work Tuesday, May 31, on the city operating and capital budget proposals for the fiscal year that begins July 1.

The committee meets Tuesday, May 31, at 3 p.m. and will hear from nonprofit agencies seeking city grants. Council members also will propose amendments to the budget proposals from Mayor Jim Strickland’s administration.

4. Collierville Shopping Center Sells for $3.5 Million -

2140-2150 Poplar Avenue Holdings LLC, a company of Maryland-based CW Capital Asset Management LLC, sold a Collierville shopping center in a May 20 warranty deed to PHC Country Club Collections LLC for $3.5 million.

5. City Council to Wrap Up 2016-2017 Budget Sessions -

The Memphis City Council’s budget committee meets Tuesday, May 24, for wrap-up sessions on the operating and capital budget proposals from Memphis Mayor Jim Strickland.

6. Paragon Bank Reports Another Record Quarter -

For Paragon Bank, the first quarter of 2016 was the most profitable in the bank’s more-than-10-year history.

7. Snapshot: How Memphis-Based Public Companies are Faring -

Acquisitions have been a common theme among many Memphis-based public companies the past few quarters. Here is a roundup of those transactions and other business highlights from each of the companies.

8. Editorial: Innovation Must Link Memphis’ Needs, Promise -

The innovation efforts starting to bear fruit in Memphis’ medical community didn’t just appear miraculously.

Leaders of this effort started to plow rock-hard ground years ago.

While business innovation is difficult, health and medical innovation aimed at commercial applications is much more brutal. The reward for a breakthrough at this level is greater, but so is the risk, with investors’ capital burned through quickly whether or not an idea is brought to fruition.

9. Innovating Health -

Dr. Guy Reed’s Memphis-based medical startup hit a big milestone toward the end of 2015, when Japanese pharmaceutical company Daiichi Sankyo reached a deal to license the company’s technology.

10. Collierville Shopping Center Sold For $3.5 Million -

2140-2150 Poplar Avenue Holdings LLC, a company of Maryland-based CW Capital Asset Management LLC, sold a Collierville shopping center in a May 20 warranty deed to PHC Country Club Collections LLC for $3.5 million.

11. CEO Pay Climbs Again, Even As Their Stock Prices Don't -

NEW YORK (AP) – CEOs at the biggest companies got a 4.5 percent pay raise last year. That's almost double the typical American worker's, and a lot more than investors earned from owning their stocks – a big fat zero.

12. Council Committee Probes Grant Requests -

Memphis City Council Budget Committee Chairman Edmund Ford Jr. likens it to the television show “Shark Tank.”

Instead of entrepreneurs, leaders of nonprofits made their pitches to the budget committee Tuesday, May 24, for grants from the council as part of the budget process.

13. AutoZone Third-Quarter Results Miss Expectations -

Memphis-based auto parts retailer AutoZone Inc. knows how to grow its net sales, manage its balance sheet, handle shareholder capital and do a host of other things that have helped it generate an unbroken string of double-digit earnings per share growth the past 39 quarters.

14. City Council to Wrap Up Budget Sessions -

The Memphis City Council’s budget committee meets Tuesday, May 24, for wrap-up sessions on the operating and capital budget proposals from Memphis Mayor Jim Strickland.

15. Tribune Rejects Second Gannett Bid; Sets the Stage for Talks -

NEW YORK (AP) – Tribune Publishing rejected a second takeover bid from USA Today owner Gannett, but did say Monday that it was open to further talks.

Gannett last week raised its per-share bid for the owner of the Los Angeles Times, Chicago Tribune and other newspapers to $15, from $12.25. Gannett, based in McLean, Virginia, put the total value of the revised offer at about $864 million, which includes some $385 million in debt.

16. Last Word: Graduation Day, St. Jude's New Office Tower and Another Bike Map -

The chances are pretty good that you encountered someone in a cap and gown this weekend.

It is graduation season and Shelby County Schools kicked it off Saturday with 14 high school graduations – that’s in one day.

17. Paragon Bank Reports Another Record Quarter -

For Paragon Bank, the first quarter of 2016 was the most profitable in the bank’s more-than-10-year history.

18. Haslam Names New TEMA Director -

Gov. Bill Haslam has named Ohio emergency operations administrator Patrick Sheehan as the new director of Tennessee's disaster response agency.

Sheehan takes over as director of the Tennessee Emergency Management Agency from David Purkey, who remains assistant commissioner for homeland in the state Department of Safety after previously serving in both roles.

19. Medical Device Startup Founders Flock To Memphis for ZeroTo510 Cohort -

It was during a hospital stay for severe abdominal pain while Srinath Vaddepally was studying for his master’s degree that he got an idea for the product and company that would eventually bring him to Memphis.

20. Editorial: Look at the ‘Grand Plan,’ Then Look Beyond It -

From a supermarket to a community center. From a produce section to a climbing wall. That is now the plan for a major part of the Soulsville redevelopment.

It’s easy to be skeptical at moments like this. Part of the skepticism comes from a long civic experience of well-meaning people who have come to our city with the goal of doing something for us that they believed we should do but imagined we couldn’t or wouldn’t do.

21. One Family -

An unprecedented private investment aims to restore a commercial heart to the Soulsville USA neighborhood, where a pair of sprawling buildings take up nearly a full block across from the Stax Museum of American Soul Music. It isn’t an eyesore, but inactivity within those walls has been a drag on the community.

22. Mud Island Search Becomes Dilemma -

The Riverfront Development Corp.’s time before the Memphis City Council’s budget committee this week was short.

23. EDGE OKs Fast Track PILOT Program -

The board of the Memphis-Shelby County Economic Development Growth Engine has approved a new tax incentive package designed to give Memphis a more competitive edge against North Mississippi.

The EDGE board green-lighted the Fast Track PILOT program at its Wednesday, May 18, meeting, making it EDGE’s fifth payment-in-lieu-of-taxes program.

24. Last Word: $4.8 Billion of TNT, North Parkway Complications and Graceland West -

FedEx sets a date next week for its acquisition of TNT Express – a $4.8 billion deal that was approved by TNT shareholders Wednesday.

25. Poplar Place Apartments Sell for $15.3 Million -

1669 Randolph Place
Memphis, TN 38120

Sale Amount: $15.3 million

Sale Date: May 6

Buyer: Poplar Place TN Townhomes LLC

26. City Sells Old Police Building to NCE Realty -

The company that had the only bid Tuesday, May 17, on the old Central Police Building at 128 Adams Avenue still has to close on the deal with the city of Memphis.

27. Council Sells Former Police HQ for $2 Million -

Memphis City Council members approved Tuesday, May 17, the sale of the old Central Police building at 128 Adams Ave. for $2 million to NCE Realty and Capital Group LLC for development as a boutique hotel.

28. Council Sells Former Police HQ for $2 Million -

Memphis City Council members approved Tuesday, May 17, the sale of the old Central Police building at 128 Adams Ave. for $2 million to NCE Realty and Capital Group LLC for development as a boutique hotel.

29. US Builders Increase Home Construction in April -

WASHINGTON (AP) – Builders ramped up construction of new homes in April, suggesting that the market remains solid despite sluggish economic growth at the beginning of the year.

Housing starts climbed 6.6 percent to a seasonally adjusted annual rate of 1.17 million units, the Commerce Department said Tuesday. The increase makes up for much of March's 9.4 percent drop in starts, a decline that partially reflected the volatile swings in residential construction on a monthly basis.

30. Haslam Names New TEMA Director -

Gov. Bill Haslam has named Ohio emergency operations administrator Patrick Sheehan as the new director of Tennessee’s disaster response agency.

Sheehan takes over as director of the Tennessee Emergency Management Agency from David Purkey, who remains assistant commissioner for homeland in the state Department of Safety after previously serving in both roles.

31. 5 Simply Self Storage Facilities Sell for $15M -

Oaktree Capital Management affiliates sold off more self-storage assets in five separate May 2 warranty deeds totaling more than $15 million. Five entities related to Brookfield Property Group purchased the Simply Self Storage facilities.

32. SCS Budget Quest About More Than Dollar Figures -

When the Shelby County Commission meets next week to look over the budget proposal approved Monday, May 16, by the Shelby County Schools board, there will be a debate that goes beyond the bottom line dollar figures and line items.

33. Ag-Focused Startup Accelerator Launching Cohort -

The community of startup founders launching companies in Memphis keeps getting bigger.

AgLaunch Accelerator, which will incubate six agriculture and food innovation startups in the city, is launching a new cohort in August. The program is a collaboration among the Memphis Bioworks Foundation’s Ag Innovation Development Group, the Tennessee Department of Agriculture, EPIcenter, Start Co. and a variety of other partner organizations.

34. 2 Self-Storage Facilities Sell for $5 Million -

An international real estate investment firm has sold two of its Memphis-area assets in two separate May 3 warranty deeds.

Oaktree Capital Management, acting as SSSP South Rowlett Collierville, sold a Simply Self Storage facility at 651 S. Rowlett St. in Collierville to SS South Rowlett Collierville for $3.9 million.

35. Sometimes, Adviser Just Saves Clients From Themselves -

Mike Cooper understands that the information is everywhere. Financial “experts” on radio and television offer unsolicited advice with little regard for whether the consumer is a 25-year-old single mother worried about her children’s college education or a 50-year-old man beginning to turn an eye toward retirement.

36. Council Auctions Old Police Building -

The city holds a rare auction at the Tuesday, May 17, session of the Memphis City Council, selling the old Central Police building at 128 Adams Ave. to the highest bidder.

37. Delay On Larger Pinch Plan Grows Uneasy -

When Memphis Mayor Jim Strickland met last week with representatives of Bass Pro Shops and city council member Berlin Boyd – the council member whose district includes the Pyramid, Mud Island, the Pinch District and St. Jude Children’s Research Hospital – there was a lot of turf to discuss.

38. Cordova Wingate Sells for $6 Million -

A Cordova hotel has sold for $6 million.

Amber Hospitality LLC purchased the Wingate by Wyndham hotel from Tirupati LP in a May 5 warranty deed. The three-story hotel, built in 1998 at 2270 North Germantown Parkway, bears 55,932 square feet, according to the Shelby County Assessor of Property. It most recently was appraised at $2.6 million.

39. Poplar Place Apartments Sell for $15.3 Million -

The 220-unit Poplar Place apartments in East Memphis have sold for $15.3 million, or $69,409 per unit.

Brooklyn-based Poplar Place TN Townhomes LLC purchased the complex in a May 6 warranty deed from Poplar Place Associates LLC, a company of Newton Square, Penn.-based GMH Capital Partners LP. The deed lists 1669 Randolph Place as the real property address.

40. Pieces of Schools Budget Begin to Fall Into Place -

Shelby County Commissioners on Monday, May 9, approved $33 million in capital funding among the county’s seven public school systems for the current fiscal year that ends June 30.

Shelby County Schools’ share of the funding, based on average daily attendance, is 78 percent, or $26 million. That’s what SCS superintendent Dorsey Hopson requested last month of the commission.

41. SCS Budget Plan Goes To School Board For Vote Monday -

Shelby County Schools board members meet Monday, May 16, to vote on a budget proposal that goes to the Shelby County Commission for funding.

The budget proposal up for a vote Monday has $27 million in red ink – the gap between revenues and expenses.

42. Opera Memphis: If You Sing – Anywhere – They Will Listen -

For everything else opera might be, Ned Canty has made it his business to see opera as opportunity.

The general director for Opera Memphis, when Canty came to town five years ago the company was in decline.

43. Sometimes, Financial Planner Mike Cooper Just Saves Clients From Themselves -

Mike Cooper understands that the information is everywhere. Financial “experts” on radio and television offer unsolicited advice with little regard for whether the consumer is a 25-year-old single mother worried about her children’s college education or a 50-year-old man beginning to turn an eye toward retirement.

44. RVC Outdoors Seeks Strickland’s Commitment -

Andy Cates, CEO of Memphis-based RVC Outdoor Destinations, said his redevelopment plan for Mud Island won’t require significant public dollars, but he’s looking for a commitment from the city to move forward.

45. Shelby County Schools Board Eyes Wheel Tax to Bridge Budget Gap -

Shelby County Schools board members are looking at the county wheel tax to bridge some, but not all of the $27 million gap in their still tentative budget for the new fiscal year.

The specific solution they are looking at is the half of the $32 million in annual revenue from the wheel tax that Shelby County Mayor Mark Luttrell has proposed go instead to capital projects across all seven public school systems in Shelby County. The new fiscal year begins July 1.

46. Cordova Wingate Sells for $6 Million -

A Cordova hotel has sold for $6 million.

Amber Hospitality LLC purchased the Wingate by Wyndham hotel from Tirupati LP in a May 5 warranty deed. The three-story hotel, built in 1998 at 2270 North Germantown Parkway, bears 55,932 square feet, according to the Shelby County Assessor of Property. It most recently was appraised at $2.6 million.

47. Poplar Place Apartments Sell for $15.3 Million -

The 220-unit Poplar Place apartments in East Memphis have sold for $15.3 million, or $69,409 per unit.

Brooklyn-based Poplar Place TN Townhomes LLC purchased the complex in a May 6 warranty deed from Poplar Place Associates LLC, a company of Newton Square, Penn.-based GMH Capital Partners LP. The deed lists 1669 Randolph Place as the real property address.

48. Rallings Fields Council Questions On Police Hiring, Director’s Job -

Interim Memphis Police Director Michael Rallings says he has plenty of time to apply for the job on a permanent basis.

For now, Rallings told Memphis City Council members he is focused on getting a $256.3 million budget approved as part of the overall $667 million city government operating budget, dropping crime numbers and raising the number of police on the force.

49. Pieces of Schools Budget Begin to Fall Into Place -

Shelby County Commissioners on Monday, May 9, approved $33 million in capital funding among the county’s seven public school systems for the current fiscal year that ends June 30.

Shelby County Schools’ share of the funding, based on average daily attendance, is 78 percent, or $26 million. That’s what SCS superintendent Dorsey Hopson requested last month of the commission.

50. Last Word: The Airport and Hotels, Loans and Musicians and Underground in Town -

That didn’t take long. Fired one day, hired the next for Dave Joerger now formerly of the Grizz.

51. County Commission Debates Body Cam Compromise, Minority Business Contracts -

Shelby County Commissioners approved Monday, May 9, three temporary positions for the Shelby County District Attorney General’s office toward the roll out of Memphis Police Department body cameras.

52. County Commission Debates Body Cam Compromise, Minority Business Contracts -

Shelby County Commissioners approved Monday, May 9, three temporary positions for the Shelby County District Attorney General’s office toward the roll out of Memphis Police Department body cameras.

53. The Power and Time of Volunteers -

“Give me six hours to chop down a tree and I will spend the first four sharpening the axe.”

– Abraham Lincoln

“I wish someone would take care of all the details.” Such is the lament of fundraising staff who stagger under the weight of neverending activities and details. They try to keep it all together, to “dot the I’s and cross the T’s.” And yet it feels impossible.

54. Memphis Musician Loan Program Awards First Loan -

Memphis musician and Beale Street fixture Eric Hughes is finishing his latest album with help from a non-traditional source.

55. Mayor Opposes City Funds for Mud Island -

Memphis Mayor Jim Strickland says the city may be willing to help fund a $9 billion expansion of St. Jude Children’s Research Hospital that is mostly private capital.

56. Last Word: Behind Grit N Grind, Brooks at 100 and Massacre -

This is a 12-month-a-year basketball town. There’s the season, possibly a post season, which by NBA standards is a second season. (Yep, they are still playing.) And then there is the rest of the year when whatever has been about to boil over behind the façade of sports clichés finally begins to spill out into the open.

57. Hiring Slowdown in April May Signal Caution About US Economy -

WASHINGTON (AP) – American employers signaled their caution about a sluggish economy by slowing their pace of hiring in April after months of robust job growth.

At the same time, companies raised pay, and their employees worked more hours – a combination that lifted income and, if sustained, could quicken the U.S. expansion.

58. Trustmark Bank Pursuing Share Buyback Program -

The parent company of Trustmark Bank earned $27 million in net income in the first quarter.

On the heels of its earnings announcement, Trustmark’s board also declared a quarterly cash dividend of $0.23 per share, payable June 15.

59. $5.5 Billion Company Stakes Headquarters in Memphis -

Three packaging companies are combining to create a $5.5 billion conglomerate that will locate its headquarters in Memphis.

Evergreen Packaging's consolidated global headquarters will create 70 jobs with an average salary of $176,283 and nearly $1 million in capital investment.

60. Memphis Consultant Says Airport Area ‘Gone’ for Hotel Development -

One of the last remaining hotels near Memphis International Airport has sold in foreclosure for the second time in less than five years.

Chuck Pinkowski, a local hotel consultant with Pinkowski & Co., said that a multimillion-dollar renovation couldn’t save the Holiday Inn from a declining hotel market.

61. Last Word: Mall Demo, Defining 'Fringe Element' and Herenton's New Path -

Once upon a time there were three “town centers” planned by the city of Memphis.

City facilities like libraries and police precincts would be the anchors and encourage private retail development in them.

62. Herenton Pitches Two New Schools For Juvenile Offenders -

Former Memphis Mayor Willie Herenton began Wednesday, May 4, with an appeal that got the attention of Shelby County Commissioners. “We don’t want your money,” he told 11 of the 13 commissioners in committee sessions as he pitched two new residential campuses for children in juvenile detention.

63. Startup Teams Announced for ‘Summer Of Acceleration’ -

Monday, May 2, marked Day One of Memphis’ first “summer of acceleration,” a joint program of seven startup accelerators running concurrently that have collectively drawn the participation of 18 startup teams and dozens of founders hailing from as far away as Slovenia and Israel.

64. Trustmark Bank Pursuing Share Buyback Program -

The parent company of Trustmark Bank earned $27 million in net income in the first quarter.

On the heels of its earnings announcement, Trustmark’s board also declared a quarterly cash dividend of $0.23 per share, payable June 15.

65. City Council Set for First Property Tax Rate Vote -

Memphis City Council members begin setting the stage for the approval of city operating and capital budgets when they meet Tuesday, May 3.

The council agenda includes first-reading votes on two ordinances that are placeholders for the basic passage of tax rates and the allocation of parts of the rate.

66. Luttrell’s Budget Includes More Schools Funds -

Shelby County Mayor Mark Luttrell takes a $1.16 billion county government budget proposal with no property tax hike and a possible $8.7 million in new funding for schools to Shelby County commissioners Wednesday, May 4.

67. Windfall Gifts: Blessing or a Curse? -

A windfall gift is truly a blessing. It can transform an organization, build a new law school or cancer center, pay off debt, launch new programs or expand services. If the gift is unrestricted the potential is limited only by the vision and capacity of the organization’s leadership. It can grow an endowment, increasing funds available for programs, advocacy or capital improvements for years to come.

68. Federal Regulators Close Memphis-Based Bank -

Trust Co. Bank of Memphis has failed, with state and federal regulators announcing Friday, April 29, they had closed all four branches of the West Tennessee financial institution and arranged a purchase agreement to protect depositors.

69. New City Council Learns Ways of Budget Season Quickly -

There are 3,000 miles of street curbs in Memphis. Figures like this are the basic elements of budget season at City Hall.

They are how 13 Memphis City Council members – seven of them four months into their first four-year term of office – wrap their heads around an $85.3 million capital budget proposal and a $667 million operating budget proposal.

70. The Week Ahead: May 2-8 -

So, you think this is the “off-week” of the Memphis In May International Festival – the gap between the Beale Street Music Festival and the World Championship Barbecue Cooking Contest. But, while Tom Lee Park gets a breather, there are plenty of cultural experiences to soak up across Memphis. Here's our weekly roundup of local happenings you need to know about...

71. Minority Business Council Gets Funding to Operate MBDA Center -

The Mid-South Minority Business Council will receive a federal grant to operate a U.S. Department of Commerce Minority Business Development Agency (MBDA) Business Center in Memphis, MBDA announced on Thursday, April 28.

72. Commission Approves Houston High Project -

Shelby County Commissioners approved Monday, April 25, the Germantown Municipal School Dis-trict’s use of $196,521 for a repaving project at Houston High School. The county capital funding is left from HVAC renovations at Dogwood Elementary School.

73. Financial Adviser, To Millennial Investors: Don’t Rush -

As a financial adviser with Morgan Stanley Global Wealth Management in Memphis, Kevin Kimery’s vantage point gives him visibility into the full spectrum of investment behaviors and client types – as well as common mistakes he sees new investors make.

74. Waddell & Associates Merges With International Network -

David Waddell’s Memphis-based investment firm is celebrating the third decade of its existence this year with more than just the acknowledgement of its longevity in the business of managing clients’ money.

75. Grinding Recovery -

Michael Drury is watching the current U.S. presidential season with a combination of professional detachment and an air of resignation.

Detachment, because part of his job as chief economist at Memphis-based McVean Trading & Investments is to keep abreast of what makes economies around the world tick. Part of that, of course, means at least some degree of focus on the man – or, possibly a few months from now, the woman – who sits astride the dominant global economy.

76. Haslam in Memphis Friday on Way to Asia -

Tennessee Gov. Bill Haslam will be in Memphis Friday, April 29, as Circuit Court Judge Valerie Smith takes the ceremonial oath of office.

77. Local Council Gets Funding for Minority Business Center -

The Mid-South Minority Business Council will receive a federal grant to operate a U.S. Department of Commerce Minority Business Development Agency (MBDA) Business Center in Memphis, MBDA announced on Thursday, April 28.

78. Grand Carousel’s New Home Ready for Construction -

By mid-summer 2017, the historic Memphis Grand Carousel will be spinning in its new home at the Children’s Museum of Memphis.

On April 27, designshop pllc garnered the necessary approvals from the Board of Adjustment to begin work on a 20,000-square-foot addition to the Midtown museum to house the carousel and event rentals. The new building on the northwest corner of the campus will connect to the existing museum and older administration building.

79. Fed Keeps Key Rate Unchanged; No Hint on Timing of Next Hike -

WASHINGTON (AP) – The Federal Reserve kept a key interest rate unchanged Wednesday against the backdrop of a slowdown in U.S. and global growth and provided no hint of when its next rate hike may occur.

80. US Consumer Confidence Slips in April -

WASHINGTON (AP) – U.S. consumers were feeling a little less confident in April, even though the stock market was rebounding from its February lows.

The Conference Board said Tuesday its consumer confidence index dropped to 94.2 this month after rising to 96.1 in March.

81. Commission Approves Houston High Project -

Shelby County Commissioners approved Monday, April 25, the Germantown Municipal School District’s use of $196,521 for a repaving project at Houston High School. The county capital funding is left from HVAC renovations at Dogwood Elementary School.

82. County Commission Delays Vote on Police Body Camera Positions -

Shelby County Commissioners put off a vote Monday, April 25, on funding related to police in-car and body cameras for the District Attorney General’s office.

Commissioners voted 10-1 to send the item back to committee for a discussion that will center on what the larger plan is for more than equipping Memphis Police officers with the cameras.

83. The Week Ahead -

It’s a new week that ends with Music Fest, Memphis! Here’s a roundup of other local happenings you need to know about, from some important government meetings, to corporate earnings reports and a new exhibit set to open at the Memphis Zoo.

84. One-Time Star in Solar Energy, SunEdison Seeks Protection -

NEW YORK (AP) – SunEdison, a one-time star in the alternative energy field, filed for bankruptcy protection Thursday after years of rapid-fire acquisitions left the solar company in a desperate cash situation.

85. Before Successes, Loeb Started from Zero – Twice -

Barreling down Madison Avenue in a black corduroy blazer and a pert, pink pocket square, Bob Loeb seems distracted. Then I realize: he’s editing. Move that tree, put a mural there. Tear that down, build that up.

86. EDGE Considering Fast-Track Incentive Program, Diversity Spend Changes -

The Memphis-Shelby County Economic Development Growth Engine has started work on a new tax incentive program that would help Memphis compete with North Mississippi for industrial projects.

At its April 20 meeting, EDGE board chairman Al Bright appointed a committee to evaluate a proposed Fast Track PILOT and hammer out its policies and procedures.

87. Strickland in New Seat for Budget Give-and-Take -

When Memphis Mayor Jim Strickland finished his budget address to the Memphis City Council Tuesday, April 19, council member Edmund Ford had a film clip he wanted Strickland and the rest of the council to watch.

88. $12.6M Building Permit For New Ballet Memphis HQ -

2144 Madison Ave.
Memphis, TN 38104
Permit Amount: $12.6 million

Owner: Ballet Memphis
Tenant: Ballet Memphis
Architect: Archimania
Contractor: Grinder, Taber & Grinder
Details: Ballet Memphis is setting the stage for its Overton Square headquarters as Grinder, Taber & Grinder recently applied for a $12.6 million building permit for new construction.

89. City Budget Season Begins With the Basics -

The Memphis City Council Budget Committee begins its work next week with afternoon sessions that lead to a goal of a June 7 council vote on Memphis Mayor Jim Strickland’s first budget proposal.

90. Memphis' Startup Accelerators Teaming Up This Summer -

For several years now, Memphis hasn’t been home to a unified hub of startup companies and activities so much as a collection of startup archipelagos, the disparate factions of activity sometimes duplicating the work of other groups.

91. Last Word: Budget Basics, A Peak At Greensward Mediation and Elvis & Nixon -

Spurs 94 – Grizzlies 68 in game 2 of the NBA playoffs. The TNT post-game show just showed the highlights of the game while Shaq and Charles Barkley talked about how big the women are in San Antonio. I’m not making this up. They didn’t even try to talk about the game. This is just grim.

92. Strickland Defines 'Brilliant at the Basics' $667M Budget Plan -

Memphis Mayor Jim Strickland took a $667 million operating budget proposal to Memphis City Council members Tuesday, April 19, that keeps the property rate stable at $3.40.

93. Faropoint Purchases Cordova Retail Center -

Israel-based Faropoint Investments has made its second Memphis purchase this year. The real estate investment firm, acting as Germantown Square Retail Co., bought a Cordova shopping center from NPK Cordova LLC for $9.7 million, according to an April 15 warranty deed.

94. Melzie Wilson Appointed To Commerce Advisory Committee -

Melzie Wilson, vice president of compliance at Mallory Alexander International Logistics, has been appointed to the U.S. Department of Commerce’s Advisory Committee on Supply Chain Competitiveness by secretary of commerce Penny Pritzker. In her role at Mallory Alexander, Wilson is responsible for all government regulations the company must comply with, both in the U.S. and globally.
She’s also responsible, along with a compliance team, for ensuring Mallory Alexander’s clients stay compliant.

95. Ballet Memphis Files Permit For Overton Square HQ -

Ballet Memphis is setting the stage for its Overton Square headquarters as Grinder, Taber & Grinder recently applied for a $12.6 million building permit for new construction.

In 2015, Ballet Memphis purchased the former French Quarter Inn, at the corner of Madison Avenue and North Cooper Street. Demolition on the shuttered hotel began in October.

96. Sale of Former Memphis Police Headquarters Set for May -

The tours and inspections are done for now. And City Hall’s timeline for selling the circa-1910 Memphis Police headquarters at 128 Adams Ave. is a bit behind schedule.

97. First Horizon Reverses Loss in First Quarter -

With its first quarter results, First Tennessee Bank’s parent company is off to the kind of start to the year any large banking organization would love to report – a reversal of losses, abundant capital to deploy and metrics like loans and deposits trending in the right direction.

98. Commission OKs Arlington School Capital Funding -

Shelby County Commissioners on Monday, April 11, approved $105,374 in capital funding for an Arlington Schools bus parking lot and support building.

The funding is a reallocation of existing funding the commission had approved in 2014.

99. This Week in Memphis History: April 15-21 -

2014: Memphis Police Director Toney Armstrong announces he will retire in 2017 and has enrolled in the city’s deferred retirement option plan. The retirement date depends on Memphis Mayor A C Wharton winning re-election in 2015 or Wharton’s successor keeping Armstrong on until retirement.
Wharton loses his re-election bid, and in November 2015, new mayor Jim Strickland names Armstrong interim police director while searching for a replacement. Armstrong left in February to become director of security for St. Jude Children’s Research Hospital.

100. A Look at the Numbers -

Ray’s Take: The economy is in flux and there’s a lot of uncertainty over the direction of the capital markets and interest rates. It’s a familiar refrain by this point. Volatility has increased to a numbing level where perhaps we aren’t paying attention as closely as we should to what’s happening in the financial world around us.