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Editorial Results (free)

1. First Tennessee Parent Company Reports Positive “Stress Test” Results -

First Horizon National Corp. has submitted the results of its annual Dodd-Frank Act Stress Test to regulators, which show that the company’s management and board believes it “would maintain capital well in excess of regulatory adequate levels under severely adverse economic and financial conditions.”

2. Council OKs Homes On Emmanuel Methodist Land -

Memphis City Council members approved Tuesday, Oct. 17, a 21-lot single family residential planned development by Kircher-Uhlhorn Development LLC at 6610 Messick Road on part of the Emmanuel United Methodist Church property.

3. Tennessee SBA Loans Hit $285M in Fiscal 2017 -

U.S. Small Business Administration (SBA) loan programs placed $285 million into the hands of Tennessee small businesses during fiscal year 2017, which began Oct. 1, 2016, and concluded on Sept. 30.

4. The Ties That Bind -

When Big River Crossing was about to open a year ago, Doug Carpenter was asked often where the Tennessee-Arkansas state line is over the Mississippi River.

His marketing firm DCA has overseen publicity for the crossing from concept through construction, so he has learned much about the history of the Harahan Bridge and the mighty river below it. But the stateline wasn't marked

5. Big Question For US Cities: Is Amazon's HQ2 Worth The Price? -

WASHINGTON (AP) – Dozens of cities are working frantically to land Amazon's second headquarters, raising a weighty question with no easy answer:

Is it worth it?

Amazon is promising $5 billion of investment and 50,000 jobs over the next decade and a half. Yet the winning city would have to provide Amazon with generous tax breaks and other incentives that can erode a city's tax base.

6. Google Parent Leads $1B Lyft Investment, Deepening Uber Rift -

SAN FRANCISCO (AP) – Google's parent company is throwing its financial support behind ride-hailing service Lyft, deepening its rift with market leader Uber.

Alphabet Inc., which gets most of its money from Google's digital ad network, is leading a $1 billion investment in Lyft that values the privately held company at $11 billion. The investment is being made through Alphabet's CapitalG venture capital arm.

7. Little Rock Drops Amazon Bid In Ad: 'It's Not You, It's Us' -

LITTLE ROCK, Ark. (AP) – Arkansas' capital city pre-emptively broke up with Amazon Thursday rather than submit a long-shot bid for the e-commerce giant's second headquarters, telling the company in a full-page newspaper ad: "It's not you, it's us."

8. Tennessee SBA Loans Hit $285M in Fiscal 2017 -

U.S. Small Business Administration (SBA) loan programs placed $285 million into the hands of Tennessee small businesses during fiscal year 2017, which began Oct. 1, 2016, and concluded on Sept. 30.

9. Council Approves Homes On Emmanuel Methodist Land -

Memphis City Council members approved Tuesday, Oct. 17, a 21-lot single family residential planned development by Kircher-Uhlhorn Development LLC at 6610 Messick Road on part of the Emmanuel United Methodist Church property.

10. Seminar To Feature ULI Emerging Trends Report -

For the second straight year, ULI Memphis is partnering with The Daily News to present its 2018 Emerging Trends Report on Thursday, Nov. 2, at the Memphis Brooks Museum of Art.

The report will immediately precede TDN’s Commercial Real Estate Review & Forecast Seminar, where a panel of local real estate experts will discuss how these trends will affect the Memphis area.

11. City Lays Out Numerous Options in Confederate Monuments Controversy -

The city administration and Memphis City Council laid out numerous paths forward in the Confederate monuments controversy Tuesday, Oct. 17, that include closing Health Sciences Park entirely or building a memorial to lynching victims in the park plaza where a statue of Nathan Bedford Forrest is now the centerpiece.

12. 'Very Unusual' Mistrial in Woman's Burning Death -

BATESVILLE, Miss. (AP) – The jury in the tense murder trial of a Mississippi man charged with setting a 19-year-old friend on fire and leaving her to die handed a bailiff a note: They have reached a verdict.

13. $12M Parking, Shopping Renovations for Grand Ole Opry House -

NASHVILLE, Tenn. (AP) – The iconic Grand Ole Opry House in Tennessee's capital city will undergo a $12 million expansion to add parking, larger retail space and an enhanced area for backstage tours.

14. Pettit Joins Food Bank As Chief Development Officer -

Attorney Peter Pettit has joined Mid-South Food Bank as chief development officer following his recent retirement as a partner in the Memphis office of Bass, Berry & Sims PLC. In his new role, Pettit works closely with food bank leaders to develop strategies and relationships with major gift donors, and specifically is working to complete the $12.5 million “Hunger to Hope” capital campaign.

15. White House: $4,000 More for Families With Business Tax Cuts -

WASHINGTON (AP) – By slashing corporate tax rates, the Trump administration said Monday, the average U.S. household will get an estimated $4,000 more a year.

This stunning 5 percent increase was met with skepticism from tax experts and Democratic lawmakers who said the math was flawed. Spread across every U.S. household, the White House analysis claims it would generate "conservatively" an income jump totaling $504 billion, or about $200 billion more than the revenues currently generated by the corporate income tax.

16. Ruby Tuesday Chain to be Taken Private in $146 Million Deal -

NEW YORK (AP) – Ruby Tuesday is being acquired for about $146 million in a deal that will take the struggling chain private.

Like other sit-down restaurant chains, the Maryville, Tennessee-based chain has lost customers to cheaper, faster and more casual places. Comparable-store sales at Ruby Tuesday have fallen for six consecutive quarters and the company has not reported a quarterly profit in two years, even as it has made tweaks its menu and made small changes, like adding salad bars, in an attempt to boost traffic.

17. Memphis Hosts 15th Musculoskeletal Industry Conference -

The annual Musculoskeletal New Ventures Conference returns to Memphis this week for the 15th time, bringing together venture capitalists and industry leaders from around the country to give them a “target-rich environment” in which to network and potentially make deals.

18. Monuments, Elections, TDZ Expansion All Before Council -

Memphis City Council members take a third and final vote Tuesday, Oct. 17, on an ordinance directing the administration to act on “immediate” removal of Confederate monuments from two city parks.

19. Shelby County to Overhaul Criminal Justice Center -

201 Poplar Ave.
Memphis, TN 38103

Permit Amount: $17 million

Application Date: October 2017

20. First Tennessee Bank Parent Wraps Solid Third Quarter -

The Memphis-based parent company of First Tennessee Bank is starting to wind down 2017 optimistic about its business and the direction of the economy, which helped the company grow its net income 7 percent during the quarter.

21. Ring Partners With Conagra On PAM Spray Bottles -

Ring Container Technologies, a product packaging and plastic container manufacturing company based in Oakland, Tennessee, has completed a collaboration with Conagra Brands to create a new plastic bottle for PAM Cooking Spray.

22. Apartment Community Sells for $50 Million -

One of Memphis’ largest apartment communities, the 1,002-unit Madison Cypress Lakes Apartments, has sold for $47.8 million, or $47,704 per unit.

Rockville, Maryland-based CAPREIT, working as Tilden Fundamental Cypress Lakes Apartments LLC, bought the East Memphis property Friday, Oct. 6, from Water Grove Investors LLC, an affiliate of Philadelphia-based Madison Apartment Group LP.

23. NFIB: Tennessee Business Optimism Dips Down -

Anxiousness about congressional action on health care and tax reform were factors contributing to a decline in the NFIB Index of Small Business Optimism in Tennessee last month.

“It's too soon to know what's going to happen with these issues, so that's creating a lot of uncertainty,” said Jim Brown, Tennessee director of the National Federation of Independent Business.

24. NFIB: Tennessee Business Optimism Down in September -

Anxiousness about congressional action on health care and tax reform were factors contributing to a decline in the NFIB Index of Small Business Optimism in Tennessee last month.

“It’s too soon to know what’s going to happen with these issues, so that’s creating a lot of uncertainty,” said Jim Brown, Tennessee director of the National Federation of Independent Business.

25. Last Word: 'Seismic Shift,' Mason Village and Running A Store From A Cloud -

It doesn’t take a lot of imagination to drive through the old town part of Cordova near its one-time train station and see the potential. Now word of a new restaurant opening later this month in what is known as Farley House. The old town is an interesting mix of new development and old development including an iconic country Baptist church that not too long ago turned 100 years old. And then there is the trail head for the Shelby Farms Greenline that runs near the train station.

26. First Music Project Funded Through Memphis Slim House Loan Program -

Attendees of the Eric Hughes Band’s CD release party next week won’t see everything that goes into making a collection of tunes like the band’s latest.

The album – “Meet Me in Memphis” – and band will be feted Oct. 21 at the warehouse behind Earnestine & Hazel’s during a bash that includes live music and food by Central BBQ. Among the things that won’t be apparent amid the festivities, though, is all the work that goes into an undertaking like this, and the honing of chops that for Hughes has meant playing about 3,000 shows in Memphis since 2001.

27. Last Word: Corker's Touchstone, Quonset Rehab and The Methodist Chart -

More invective from the White House directed at U.S. Senator Bob Corker since we last met here. And it is now becoming a sort of political prairie fire among Republicans in the Beltway per The New York Times.

28. Walmart Sees the Future and It is Digital -

NEW YORK (AP) – Walmart is all about online, anticipating digital sales next fiscal year will rise about 40 percent and that it will double the number of U.S. curbside locations for online grocery shoppers at its stores.

29. Investor Buys Quince Road Apartments for $47.8 Million -

One of Memphis’ largest apartment communities, the 1,002-unit Madison Cypress Lakes Apartments, has sold for $47.8 million, or $47,704 per unit.

Rockville, Maryland-based CAPREIT, working as Tilden Fundamental Cypress Lakes Apartments LLC, bought the East Memphis property Friday, Oct. 6, from Water Grove Investors LLC, an affiliate of Philadelphia-based Madison Apartment Group LP.

30. Ring Partners With Conagra on PAM Spray Bottles -

Ring Container Technologies, a product packaging and plastic container manufacturing company based in Oakland, Tennessee, has completed a collaboration with Conagra Brands to create a new plastic bottle for PAM Cooking Spray.

31. Last Word: The Corker Tweets, Market Stabilization and The Rise of the Landshark -

In the “That Didn’t Take Long” department, whatever diplomacy there was in the relationship between President Donald Trump and U.S. Senator Bob Corker of Tennessee vanished over the weekend – vanished in the course of several tweets starting with one from Trump claiming he refused an endorsement of Corker in a re-election bid next year and that resulted in Corker’s decision not to seek re-election. He claims Corker “begged” for his endorsement. “Said he could not win without my endorsement,” Trump added. “He also wanted to be Secretary of State, I said, ‘NO THANKS.’ He is also largely responsible for the horrendous Iran Deal.”

32. Administration Calls for Easing Rules for Financial Markets -

WASHINGTON (AP) – The Trump administration on Friday recommended ways to loosen the rules governing the U.S. stock, bond and derivatives markets, proposing a rollback of a variety of tougher requirements adopted in the wake of the 2008 financial crisis.

33. Jump Around With The Fans In Madison -

Weather makes all the difference in making a destination a memorable or miserable experience. Chalk fall up as a fantastic time to visit Wisconsin.

I spent a long weekend to close out September in Madison, Wisconsin, with a quick stopover in Chicago. Specifically, I visited Madison and had a day in Chicago before flying home late Sunday night. I chose to fly direct to Chicago instead of making a connection to fly into Madison. It was cheaper and I also had friends driving up from Cincinnati. So we all drove on together from Chicago, about a two-hour drive.

34. FDIC Report Shows Top Memphis Banks -

With a few exceptions, the Top 10 banks in the Memphis metro area as ranked by deposits by the Federal Deposit Insurance Corp. in its latest annual report hasn’t changed much this time around.

35. Memphis Readies Red Carpet to Land Amazon -

With 50,000 jobs and $5 billion in capital expenditures at stake, it stands to reason that cities hoping to land Amazon.com’s second U.S. headquarters will do whatever it takes to close the “once-in-a-lifetime” deal.

36. Memphis Officials Lay Out Initial Pitch for Amazon HQ -

With 50,000 jobs and $5 billion in capital expenditures at stake, it stands to reason that cities hoping to land Amazon.com’s second U.S. headquarters will do whatever it takes to close the “once-in-a-lifetime” deal.

37. Buffett Buys Big Into Haslam Family's Pilot Flying J -

OMAHA, Neb. (AP) – Warren Buffett's company is acquiring a major stake in Pilot Flying J truck stops and it will take over a majority stake within about five years from the family of Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam.

38. Retired FedEx Exec Rodriguez Becomes City of Memphis CIO -

Mike Rodriguez recently became the city of Memphis’ director of information services and chief information officer, a role he took on after retiring from a 27-year career at FedEx Corp. Rodriguez, who most recently served as FedEx’s director of information security, was nominated as city CIO by Mayor Jim Strickland and confirmed by the Memphis City Council Sept. 23.

39. Hotel Management Co. to Buy Up to $400M in Properties -

Wright Investments, a Memphis-based hotel management, investment and project management company, is planning to acquire up to $400 million in hotel properties over the next two to three years by investing the firm’s newly raised Hospitality Opportunity Fund II.

40. ShowPlace Arena Receives $85,000 Government Grant -

The Shelby County Commission has voted to award an $85,000 Community Enhancement Grant to Agricenter International for a capital improvement project to install steps at ShowPlace Arena and finish paving the parking lot.

41. Leaders to Discuss Pinch District Progress -

Nearly a year ago state and local officials joined representatives of St. Jude Children’s Research Hospital on the hospital’s campus to announce $37 million in state and local funding into public infrastructure around the hospital.

42. US Consumer Confidence Takes a Hit From Hurricanes -

WASHINGTON (AP) – American consumers feel a bit less confident this month, their spirits pulled down by Hurricanes Harvey and Irma.

The Conference Board says its consumer confidence index fell to 119.8 in September from 120.4 in August. Conference Board economist Lynn Franco says that confidence "decreased considerably" in hurricane-hit Florida and Texas.

43. ShowPlace Arena Receives $85,000 Government Grant -

The Shelby County Commission has voted to award an $85,000 Community Enhancement Grant to Agricenter International for a capital improvement project to install steps at ShowPlace Arena and finish paving the parking lot.

44. County Delays Convention Center Funds -

Shelby County commissioners again delayed passage Monday, Sept. 25, of a resolution that would allow the city of Memphis to use surplus hotel-motel tax revenue for Memphis Cook Convention Center renovations.

45. Commission Again Delays Convention Center Hotel-Motel Tax Flow To City -

Shelby County Commissioners again delayed passage Monday, Sept. 25, of a resolution that allows the city of Memphis to use surplus hotel-motel tax revenue to go toward Memphis Cook Convention Center renovations.

46. SBA Drought Loan Deadline Nears in West Tenn. Counties -

The U.S. Small Business Administration is reminding small businesses, agricultural cooperatives and most nonprofit organizations that Oct. 23 is the filing deadline for federal economic injury disaster loans in five West Tennessee counties affected by drought conditions in late 2016.

47. Last Word: Pantographs & Catenaries, Grizz Uncertainty and Tuesdays Without Morrie -

After three years off the rails, the first significant indications that the trolleys are about to return. It was just a two-block ride that includes the Memphis Area Transit Authority trolley barn on North Main and one very new trolley. But it is a start through what is a very technical and bureaucratic process involving lots of safety vests, clipboards and video cameras.

48. GPAC Planning New Open-Air Venue -

1801 Exeter Road, Germantown, TN 38138

Owner: Germantown Performing Arts Center

49. First Horizon CEO: Banking Industry Needs Consolidation -

The CEO of First Tennessee Bank’s parent company told attendees of a financial conference in New York City in recent days that the banking industry could benefit from more consolidation.

50. Massachusetts Investor Buys Warehouse on Delp -

Wellesley, Massachusetts-based Trident Capital Group has purchased a 150,000-square-foot industrial facility in the airport submarket for $3.5 million.

Trident, doing business as TCG 4290 Delp LLC, bought the warehouse at 4290 Delp St. from a group of investors comprised of three individual entities, according to a warranty deed filed with the Shelby County Register Sept. 19. Ronald Baumgarten with RNB Interests controlled 55 percent of the selling entity, while Brett Baumgarten with BRB Interests and Brett Keeshin with BAK Interests controlled 22.5 percent each.

51. Widening The Path -

He asked to only be a small part of this story. But when you come up with an idea so good, so powerful, that it’s named as one of the top 20 ideas in the Forbes Change the World Competition, you are the story’s foundation.

52. Massachusetts Investor Buys Airport-Area Facility -

Wellesley, Massachusetts-based Trident Capital Group has purchased a 150,000-square-foot industrial facility in the airport submarket for $3.5 million.

Trident, doing business as TCG 4290 Delp LLC, bought the warehouse at 4290 Delp St. from a group of investors comprised of three individual entities, according to a warranty deed filed with the Shelby County Register Sept. 19. Ronald Baumgarten with RNB Interests controlled 55 percent of the selling entity, while Brett Baumgarten with BRB Interests and Brett Keeshin with BAK Interests controlled 22.5 percent each.

53. Not Just for Scouts: Be Prepared in IT -

Everyone knows the scout’s motto by heart. “Always be prepared” may be more likely to invoke images of campfires and merit badges, but it applies to corporate life.

September is National Preparedness Month. With the recent devastation of hurricanes Harvey and Irma, preparedness may already be on your mind. You probably already have plans in place for your home if a natural disaster hits – or at the very least a homeowners or renters insurance policy. But, have you thought about how secure the information technology system is at your office?

54. City’s Ire Raised By Stadium Droughts -

For most of the ongoing discussion about a reconfiguration of the Fairgrounds, the Liberty Bowl has been a part of the background. Much of the attention has been on what to do with the Mid-South Coliseum and what new uses or buildings will do to existing parking.

55. Highwoods Sells Southwind Portfolio for $39M -

Highwoods Properties Inc. has sold a massive portion of its portfolio in Southwind to a New York-based investment group for $39 million.

56. Toys 'R' Us Keeping Stores Open Following Bankruptcy Filing -

NEW YORK (AP) – Toys 'R' Us, the toy retailer struggling with $5 billion in debt and intense online competition, has filed for bankruptcy protection ahead of the key holiday shopping season – and says its stores will remain open for business as usual.

57. AutoZone Reports Mild Fiscal Fourth Quarter -

Memphis-based auto parts retailer AutoZone Inc. continues to find itself in an environment that’s unusual for the company and one that it’s not accustomed to, with the company’s fiscal fourth quarter sales bearing that out.

58. Beale, Bourbon Street Protocols Examined -

As the Beale Street Task Force moves toward making recommendations to the Memphis City Council on a Saturday night Beale Street cover charge, there isn’t a consensus on the $5 charge.

Task force members who have been to New Orleans and consulted other cities have found very different models for crowd control.

59. Highwoods Sells Southwind Portfolio for Nearly $40M -

Highwoods Properties has sold a massive portion of its portfolio in Southwind to a New York-based investment group for $39 million.

In the deal, Highwoods Properties, doing business as Highwoods Reality Limited Partnership, sold eight parcels of land near the intersection of Players Club Parkway and Tournament Drive to Group RMC, which purchased the property under the name of Southwind Memphis Reality LP.

60. White House, Black College Heads to Meet Amid Strained Ties -

WASHINGTON (AP) – President Donald Trump on Monday named a lawyer and former NFL player as executive director of the White House Initiative on Historically Black Colleges and Universities, as the administration faces criticism from those institutions of promises unkept.

61. Germantown Medical Office Sells for $16M -

1325 Wolf Park Drive, Germantown, TN 38138

Sale Amount: $15.9 million

Buyer: Global Medical REIT

62. Panel: Memphis a Food Town in Which Restaurants Build Community -

High Cotton Brewing Co. co-founder Brice Timmons has a quote he jokingly uses to describe the life of a beer brewer in Memphis.

63. Canadian Elevator Company Seeks PILOT For Hickory Hill Plant -

A Canadian elevator company has a contract with a “Tennessee area” machine manufacturer for $500,000 and as a result wants to build a manufacturing plant in Hickory Hill as it expands its U.S. customer base.

64. Commission Delays Votes On Finance Ordinances -

Shelby County Commissioners delayed votes Monday, Sept. 11, on a set of three resolutions dealing with county finances, citing the need for further discussion and questions.

The first of the three is a supplement to the interlocal agreement on financing the Memphis and Shelby County Sports Authority to pay the debt on FedExForum. The agreement allows revenue from a 2015 increase in the hotel-motel tax to be used to finance renovations of the Memphis Cook Convention Center as well as the debt on the arena.

65. Memphis Industrial Center Sells for $3.7 Million -

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

66. Baker Donelson Adds AI Technology to Services -

Memphis-based law firm Baker Donelson is adding artificial intelligence technology software developed by Kira Systems to provide business clients with faster, more cost-effective legal services, the company announced.

67. Wunderlich Preparing Downtown Space for HQ Move -

By this time next year, Memphis-based investment firm Wunderlich Securities Inc. will have a prominent new headquarters space Downtown,

68. Waddell & Associates Platform Looks to Turn Millennials Into Investors -

Andrew Lichliter had a few thousand dollars in a retirement account, but wanted to change that to a different type of investment.

The problem, though, was that his $5,500 wasn’t nearly enough to open a typical investment account at most firms, some of which require hundreds of thousands of dollars just to start.

69. Skipping School -

The farm field at East Shelby Drive and Sycamore Road is “growing” steel beams, classroom walls and concrete floors. Nearby, the athletic fields of the new $90 million Collierville High School are being traced and laid out at summer’s end next to the framework of the large school.

70. Baker Donelson Adds AI Technology to Services -

Memphis-based law firm Baker Donelson is adding artificial intelligence technology software developed by Kira Systems to provide business clients with faster, more cost-effective legal services, the company announced.

71. Last Word: The Monument Letter, Soulsville Gateway and Gas Tax Hike Regrets -

The Redbirds take Game 1 of the Pacific Coast League Championship series Wednesday evening with a 6-4 win over El Paso at AutoZone Park. Game 2 is noon Thursday at B.B. King and Union.

72. SE Memphis Industrial Center Sells for $3.7 Million -

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

73. Plymouth REIT Expands Memphis Portfolio -

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

74. Memphis Brooks Museum Eyes Relocation Out of Overton Park -

The Memphis Brooks Museum of Art might be leaving Midtown. The museum’s board has voted to allow the museum’s staff and the board’s long-range planning committee to evaluate locations in Memphis outside of Overton Park as possible homes for the Brooks’ permanent collection and future museum facilities.

75. Commission Delays Votes On Finance Ordinances -

Shelby County Commissioners delayed votes Monday, Sept. 11, on a set of three resolutions dealing with county finances, citing the need for further discussion and questions.

The first of the three is a supplement to the interlocal agreement on financing the Memphis and Shelby County Sports Authority to pay the debt on FedExForum. The agreement allows revenue from a 2015 increase in the hotel-motel tax to be used to finance renovations of the Memphis Cook Convention Center as well as the debt on the arena.

76. Last Word: Amazon Litmus Test, Tracing an Ascendant Foodie Scene and Exports -

There are some very interesting and unexpected things happening around Memphis these days. And it is into that atmosphere that Amazon put out what amounts to a cattle call for cities across the country to apply to be the site of its $5 billion second North American headquarters with 50,000 job over several years promised. This in a city that is about to start moving on a $9 billion expansion by St. Jude that is about $1 billion capital and the rest research and technology and programming money. This may be the ultimate litmus test of how far we are from our once legendary inferiority complex.

77. County Commission Joins City Call to Remove Confederate Monuments -

Shelby County Commissioners approved a resolution Monday, Sept. 11, backing the city’s efforts to remove Confederate monuments with a waiver from the Tennessee Historical Commission. The resolution by commissioner Walter Bailey also backs the Memphis City Council’s move to an ordinance that could take down the monuments after the Oct. 13 decision if the historical commission does not grant the waiver.

78. Apple May Test the Bounds of iPhone Love With a $1,000 Model -

SAN FRANCISCO (AP) – Apple is expected to sell its fanciest iPhone yet for $1,000, crossing into a new financial frontier that will test how much consumers are willing to pay for a device that's become an indispensable part of modern life.

79. Does Memphis Have Right Mojo for Amazon HQ? -

Amazon.com’s announcement last week that it is actively searching for a second headquarters location caught the attention of governors, mayors and development officials from all over the country hoping to hit the jackpot.

80. Last Word: Southern Heritage Recap, Funky Week Ahead and the Amazon Contest -

The 28th annual Southern Heritage Classic is in the books with a close game at the Liberty Bowl Saturday and the kind of attendance that if sustained through our civic football season – Southern Heritage, Tigers home schedule and AutoZone Liberty Bowl – promises continued growth and changes in our development. Whether there is that growth or not, 47,407 came, tailgated and saw Tennessee State beat Jackson State 17-15.

81. Evolve Taps New Assistant Vice President -

Evolve Bank & Trust has tapped Michelle Latham as its new assistant vice president and operations manager of its payment processing solutions division. Latham has more than 12 years’ experience in the payment and banking industries. She joins senior vice president Betsy Bohlen, who is leading the expansion of Evolve’s Payment Processing Solutions Division. Latham has held leadership roles at Palm Desert National Bank, Switch Commerce and First American Payment Systems, most recently served as the vice president of sales and service for Lone Star Capital Bank in San Antonio. During her tenure, she directed the implementation of a new retail product line that increased low-cost core deposits by 15 percent and acquired new high-value accounts by 5 percent.

82. Tennessee Program to Award $10M in Broadband Grants -

NASHVILLE, Tenn. (AP) – Tennessee officials are now accepting applications for $10 million worth of broadband grants.

The Tennessee Department of Economic and Community Development said in a news release Thursday it will accept applications for the Broadband Accessibility Grant until Nov. 17.

83. Small-Business Owners to Share Lessons, Insights -

One of the things that’s important to remember about a local business like High Cotton Brewing Co., says co-founder Brice Timmons, is that, yes, it’s a local brewer, but it also sees itself as producing something just as important as a great brew.

84. Tennessee Taco Opens in Former Los Compadres Space -

3295 Poplar Ave.
Memphis, TN 38111

85. Memphis Small Business Landscape Stable Amid Slow Economic Growth -

While the local small-business landscape mirrors the national environment of a slowly growing economy keeping things stable, the lack of population growth is holding the Memphis area back from truly breaking out.

86. Last Word: The Amazon Competition, Millington Shelters and Grizz Ownership Drama -

With a social media post Thursday morning, Memphis Mayor Jim Strickland said the city is ready to compete in a very public competition for the $5-billion second North American headquarters Amazon.com announced earlier Thursday. Some context here. The $5 billion investment by Amazon in what it calls HQ2 compares to the $9 billion St. Jude is investing in its expansion including about $1 billion in capital costs and the rest research, technology and other development costs included in what is more than a physical expansion.

87. Pamela Urquieta Paves Innovative Pathways -

Pamela Urquieta has worked closely with about 100 student innovators, and led workshops for another 1,000, during her two-year tenure as program coordinator at LITE Memphis. LITE, which stands for Let’s Innovate Through Education, is a Memphis-based nonprofit that focuses on connecting students with internship and entrepreneurship opportunities.

88. Belly Acres Co-Owners Open New Concept -

Ben McLean, co-owner of the Overton Square burger restaurant Belly Acres, has been thinking about expanding his Memphis-area restaurant interests for a few years now.

89. Top US Fall Destinations -

Fall is my favorite time of year. The cooling temperatures, changing colors and football season all combine to make for a fun time of year.

It’s also a great time to travel. Fall means shoulder season in many top destinations, making travel a bit more affordable. But there also are some destinations that just seem to make more sense from Labor Day to the start of the holiday season at Thanksgiving. Here are my top U.S. fall destinations on my radar for travel this year.

90. Fred’s Reports $29M Loss, Names New Board Chair -

Heath Freeman, president of New York-based investment firm Alden Global Capital, once blasted what he saw as “abysmal business decision-making” and a “country club environment in the executive suite and boardroom” at Memphis-based discount retailer Fred’s Inc.

91. Dorothy Day House Plants New Roots in Midtown -

Sister Maureen Griner, the executive director of the Memphis chapter of the Dorothy Day House, says that every night in Memphis there are about 160 families who will be sleeping in a shelter or somewhere inhabitable.

92. Video Streaming Player Pioneer Roku Seeks $100M in IPO -

SAN FRANCISCO (AP) – Video streaming player pioneer Roku is going public, hoping to raise money to expand into more households and fend off competitive threats from bigger technology companies.

Roku listed a $100 million fundraising target in a Friday regulatory filing. But that figure is likely to change after its investment bankers gauge the demand for its initial public offering of stock. Companies typically complete their IPOs two to four months after filing then getting approval from government regulators.

93. Two Apartment Complexes Sell for $11 Million -

Two apartment complexes in northern Shelby County have been purchased by a Arkansas realty group for nearly $11 million, according to a pair of warranty deeds filed with the Shelby County Register.

94. Marketing Firm Prepares For New Downtown HQ -

Oden & Associates Inc., a locally owned marketing firm, has filed a pair of permits totaling $3.6 million to renovate its future headquarters at 158 Vance Ave. in Downtown Memphis.

95. Financial Services Firm Takes Floor in Clark Tower -

In this week’s Real Estate Recap, a financial services firm inks a full floor in Clark Tower and Crosstown High School files a $4.1 million permit to build-out space in the Crosstown Concourse for its charter school that is scheduled to open next fall. 

96. Financial Services Firm Takes Floor in Clark Tower -

In this week’s Real Estate Recap, a financial services firm inks a full floor in Clark Tower and Crosstown High School files a $4.1 million permit to build-out space in the Crosstown Concourse for its charter school that is scheduled to open next fall. 


97. Tennessee Shakespeare Company Buys Ballet Memphis' Cordova Facility -

The Tennessee Shakespeare Company has its first permanent home, announcing Thursday, Aug. 31, that it has bought the Ballet Memphis facility at 7950 Trinity Road in Cordova for $1.9 million.

98. Last Word: Game Day, Corker at Southwind on Taxes and Trump and Hotel Stats -

The game is on rain or shine at the Liberty Bowl Thursday. And the start of the Tigers football season could be a very soggy start with remnants of Hurricane Harvey arriving. So while tailgating on Tiger Lane may involve umbrellas, none are allowed in the Liberty Bowl itself. Ponchos it is for your face time on CBS Thursday evening.

99. Highwoods in Talks to Backfill MassMutual Space at Triad III -

Even with a renewed interest in the city’s core and two new office buildings under construction, Class A space in the East Submarket is about as hot as it gets right now, so it’s not a surprise that the soon-to-be-vacated space currently occupied by a Memphis-based MassMutual firm in Triad Centre III has already drawn serious interest.

100. ICCC Program Attracts Local Business Owners -

More than 100 local entrepreneurs received mentoring and coaching on Tuesday, Aug. 29, to help them grow their small businesses. The Inner City Capital Connections program at the FedEx Institute of Technology on the University of Memphis campus returned after first coming to Memphis in August 2014.