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Editorial Results (free)

1. Nidec Motor Co. To Expand In Lexington -

Nidec Motor Co. will expand its electric motor plant in Lexington, Tennessee, with an $18 million project, the company announced Friday, June 15.

2. Midstate Transit Future is Paved With Tired Ideas -

If you ask state Rep. William Lamberth, Davidson County voters gave a resounding answer on the future of mass transit in this region. Based on their overwhelming defeat of an early May referendum, they don’t want to raise taxes for mass transit, preferring to be more like Atlanta and Los Angeles and less like New York.

3. US Imposes New Security Measures on Incoming Cargo Shipments -

U.S. authorities are requiring airlines to give them more notice about certain types of cargo that officials believe may pose a security risk.

The new measure took effect Tuesday.

Carriers operating planes with commercial cargo now must send certain information about that cargo to U.S. Customs and Border Protection before loading the plane.

4. Science Panel Says FAA is Too Tough on Drones -

Science advisers to the federal government say safety regulators should do more to speed the integration of commercial drones into the nation's airspace.

The National Academies of Science, Engineering and Medicine said in a report Monday that federal safety regulators are often "overly conservative" and need to balance the overall benefits of drones instead of focusing only on their risk to airplanes and helicopters.

5. Last Word: Firestone's Legacy, Malco In Lakeland and Alexander on Cell Phones -

What about Firestone? That’s the quick way of getting into the latest turn in our ongoing civic discussion about whether there should be changes to how Memphis approaches economic development and the growth it brings. Eric Robertson, the president of Community LIFT, which works with community development corporations across the city, says the definition of economic development should be broader and the approach to it should go beyond answering the questions of site consultants to keep them from walking away to the next city on their list.

6. The Push for Place -

By the end of July, the group that works to connect the dots among the city’s community development corporations plans to have a report that looks at how other cities are connecting the dots in a much broader way.

7. Highly Visible -

Sometimes in business timing is everything. And when it comes to the relationship between FirstBank and Gill Properties that’s certainly the case. When Jeff Hudson was hired three years ago, one of his goals was to relocate FirstBank’s commercial offices and regional headquarters into a highly trafficked area with good visibility and easy access for their clientele.

8. One Beale, St. Jude, Sedgwick Projects Move Forward -

263 Wagner Place, Memphis, TN 38103: Carlisle Corp.’s expanded plans for One Beale received unanimous approval from the Center City Revenue Finance Corp. on Tuesday, May 29.

9. Gregory Realty Grows Industrial Portfolio -

Memphis-based Gregory Realty has acquired more than 53,000 square feet of industrial/flex space at 3920 S. Perkins Road and 3900 Perkins Cut Off Road for $1.6 million.

10. Tacos 4 Life Opening First Tenn. Location in Jackson -

Tacos 4 Life, an Arkansas-grown taco restaurant with a mission to help end world hunger, is opening its first restaurant in Tennessee in Jackson as part of the Columns II development. The restaurant is expected to open in late June.

11. Trustmark Bank Scores No. 1 Ranking In Customer Satisfaction Survey -

With intense competition in the Memphis banking market to win over new customers and keep their existing ones, customer satisfaction is key. In the most recent J.D. Power U.S. Retail Banking Satisfaction Study, Trustmark National Bank scored the highest marks for the South Central region, which includes Memphis.

12. Pinnacle Bank Maps More Growth, Additional Hires in Memphis Market -

With new bank branches and loan production offices planned locally, new hires and increased production numbers, Nashville-based Pinnacle Financial Partners is making an impact on the Memphis banking market following its acquisition of Magna Bank in 2015.

13. 100 North Main -

The city’s tallest building, the 37-story 100 North Main Building – may or may not become the city’s second convention center hotel. But the skyscraper that has been vacant for four years and counting is the centerpiece of a 3-acre planned commercial complex anchored by a 600-room hotel, no matter where it winds up in the footprint. The complex, as much as the hotel, promises to change more than the city’s convention business.

14. Tacos 4 Life Opening First Tenn. Restaurant in Jackson -

Tacos 4 Life, an Arkansas-grown taco restaurant with a mission to help end world hunger, is opening its first restaurant in Tennessee in Jackson as part of the Columns II development. The restaurant is expected to open in late June.

15. Gregory Realty Grows Industrial Portfolio -

Memphis-based Gregory Realty has acquired more than 53,000 square feet of industrial/flex space at 3920 S. Perkins Road and 3900 Perkins Cut Off Road for $1.6 million.

16. Brown-Forman CEO to Retire at Year's End -

LOUISVILLE, Ky. (AP) – Paul C. Varga, who has led Brown-Forman Corp. for more than a decade, will retire at year's end, and will be succeeded as CEO by another executive at the spirits company best known for its Jack Daniel's Tennessee Whiskey brand.

17. Tackling Transit, Reappraisal at Once Not Smart -

Nashville’s Metro Council is taking the hit for falling asleep at the wheel in a period of unprecedented prosperity and waking up to a budget shortfall in mid-2018.

“We’ve been drunken by our growth and the label of the It City,” Councilwoman Tanaka Vercher admits. “But this is what happens in growth. It stabilizes.”

18. Gregory Realty Grows Industrial Portfolio -

Gregory Realty has acquired more than 53,000 square feet of industrial/flex space at 3920 S. Perkins Rd. and 3900 Perkins Cut Off Rd. for just over $1.6 million.

19. Revamped One Beale Plans Get City Board Approval -

Carlisle Corp.’s revamped plans for One Beale received unanimous approval from the Center City Revenue Finance Corp. on Tuesday, May 29.

20. Bayer Selling $9B in Ag Business Ahead of Monsanto Merger -

WASHINGTON (AP) – German pharmaceutical giant Bayer AG has agreed to the U.S. government's demand that it sell about $9 billion in agriculture businesses as condition for acquiring Monsanto Co., a U.S. seed and weed-killer maker.

21. Merging Past, Present -

The Medical Arts Building at the corner of Madison Avenue and Fourth Street in Downtown Memphis, much like its hometown, has seen its share of ups and downs for nearly a century.

But as the city continues to reinvent itself, Walk-Off Properties, the building’s current owner, is also in the process of reimaging the iconic property.

22. Memphis Manufacturer Classic American Hardwoods Still Thriving -

Classic American Hardwoods could just as easily be called Classic American Success Story. The latter name fits just about as well as the former.

The privately held company in late April received the Small Business Exporter of the Year Award from the Washington, D.C.-based Export-Import Bank of the United States.

23. Last Word: After The Tom Lee Storm, Tiger Lane Changes and Crosstown Growth -

A year ago many of you were without power in the wake of a sudden and violent storm that has come to be known as the Tom Lee Storm. It is the third most powerful storm, according to Memphis Light Gas and Water Division, in terms of those without power and the damage done. It’s called the Tom Lee storm because the 1950s-era Tom Lee memorial in Tom Lee Park – the obelisk – was toppled and shattered as the obelisk fell from the base. A year later, the base that proclaims Tom Lee “a worthy Negro” remains and the obelisk is in storage.

24. Week Ahead: May 28-June 3 -

Happy Memorial Day, Memphis! Once a grand hotel and commercial skyscraper to be located at the base of Beale Street near Riverside Drive, a scaled-back version of the One Beale project is still alive and goes before a key city board for a closing extension this week.

25. Trane US Renews 23,000 SF Lease -

Trane U.S. Inc. has renewed its 23,000-square-foot lease at 1775 Pyramid Place in Nonconnah Corporate Center for an additional seven years.

26. NAI Saig’s Martin Elected To SIOR Board of Directors -

Hank Martin, vice president of NAI Saig Co., has been elected southeast regional director of the Society of Industrial and Office Realtors.

27. Developer Pulls Permit For Tennessee Brewery Phase 2 -

Developers of the Tennessee Brewery redevelopment project have filed a $12.7 million building permit application with the Office of Construction Code Enforcement to move forward with phase two of their Brewery District plans.

28. Safe and Sound -

Entrepreneur Jim Turner is enjoying the recent growth of his MedixSafe drug security cabinet business, which sprouted from his successful security-based business, Electronic Security Specialists & Cabling (ESSC). This year, MedixSafe will top $1 million in sales for the first time and will account for one-third of ESSC’s overall business.

29. Sleep Out Louie Returns, Tennessee Brewery Preps for Phase II -

150 Peabody Place, Memphis, TN 38103: After more than a decade, Sleep Out Louie, Memphis’ favorite fictional vagabond, is returning to the Bluff City.

30. FedEx Rolls Out the Purple Runway For Its Next Generation of Pilots -

FedEx Express is paving a runway for the pilots of tomorrow – a direct pipeline to flying for the Memphis-based delivery services company on the Fortune 500 list.

The subsidiary of FedEx Corp. (NYSE: FDX) announced Purple Runway – A FedEx Pathways Program this spring to address an industry-wide shortage of up-and-coming pilots.

31. GTx Reports Positive Results in Using Enobosarm to Treat Incontinence -

Memphis-based biopharmaceutical company GTx Inc. has deep roots in Memphis, with AutoZone founder Pitt Hyde being a primary backer of the company since its inception in 1997. In recent years, GTx’s research into the muscle-building compound enobosarm has shifted from patients with breast and lung cancer to women with stress urinary incontinence.

32. Crosstown Crossroads -

When Octavia Young opened Midtown Crossing Grill in 2014, the area around what would eventually become the Crosstown Concourse was a lot different than it is now.

Though there were some agreements in place at the time, there were no guarantees that the wildly ambitious but risky project would a success, and even if it was, there was no telling how long it would take for that success to spill out into the surrounding neighborhood.

33. Last Word: St. Jude's Reach Across A Divide, One Beale Numbers and Draft Math -

To no one’s surprise the legal skirmish over Confederate monuments is on its way to the Tennessee Court of Appeals. Sons of Confederate Veterans and the Forrest family filed notice Thursday of their appeal of the Davidson County Chancery Court ruling of last week holding that the city of Memphis broke no laws in selling two parks, including the monuments in them, to a private nonprofit which then had the monuments removed.

34. Developers Plan Six-Story Building in South End -

A new six-story mixed-use building near Loflin Yard may soon be dotting the South Main skyline. Developers Hamilton & Holliman are seeking a 15-year PILOT (payment-in-lieu-of-tax) from the Center City Revenue Finance Corp. to construct the building on a currently vacant lot located at 27 W. Carolina St.

35. One Beale Developers Present New Plan to DMC -

The developer of the ambitious One Beale project has again reworked its plans and is seeking a deadline extension from the Downtown Memphis Commission to close on the nine-figure deal.

Carlisle Corp.’s latest proposal to the Center City Revenue Finance Corp. comes more than a decade after its founder, the late Gene Carlisle, first proposed the massive mixed-use project.

36. If Only Legislators Could Focus on Important Issues -

A year-old law enabling Tennessee colleges and universities to keep secret the “proprietary” fees they pay money managers for handling risky investments is likely to be reviewed this year.

37. Tennessee Brewery Developer Pull $12M Permit for Phase 2 -

Developers of the Tennessee Brewery redevelopment project have filed a $12.7 million building permit application with the Office of Construction Code Enforcement to move forward with phase two of their Brewery District plans.

38. Office Vacancy, Asking Rents Both Rise -

Despite an uptick in the vacancy rate, direct asking prices continued to rise in the Memphis office market during the first quarter of 2018, according to research complied by commercial real estate firm Avison Young.

39. NAI Saig’s Martin Appointed To SIOR Board of Directors -

Hank Martin, vice president of NAI Saig Co., has been elected southeast regional director of the Society of Industrial and Office Realtors.

40. Last Word: Pete & Sam's and Barbecue, Neutral Turf and Ralph Wiley on Penny -

Pete & Sam’s, one of the city’s long running restaurants in a vibrant culinary scene, reopens Monday afternoon on Park Avenue following an extensive renovation following a major fire this past December. There should be lots of curiosity about what change looks like in a restaurant devoted to sticking with the past so much so that at times Pete & Sam’s and its reputation have been debated vocally among foodies. Kind of like the debate that occasionally surfaces over the Rendezvous and its place in our local world of barbecue.

41. Faropoint, Belz Sell of Part of Retail Portfolio -

7501 Goodman Road, Olive Branch, MS 38654 and 7685 Hacks Cross Road, Olive Branch, MS 38654:  Faropoint Ventures continues to remain active in the Greater Memphis Area with the sale of two Olive Branch retail centers for a combined $9.24 million.

42. Gestalt Purchases Shopping Center from Belz Enterprises -

A Belz-owned shopping center in southeast Memphis has been purchased by a longtime tenant in a multimillion-dollar deal.

Gestalt Community Schools, a charter school organization, purchased Mendenhall Square Shopping Center, located on the northeast corner of Mendenhall and Winchester roads, for $8.9 million.

43. May 18-24, 2018: This week in Memphis history -

1993: On the front page of The Daily News, The Memphis-Shelby County Sports Authority is readying its public relations campaign for an NFL team in Memphis. Memphis is competing with St. Louis; Baltimore; Charlotte, North Carolina; and Jacksonville, Florida. All of the cities except Memphis would eventually get an NFL franchise and the bid would be the city’s last effort at landing an NFL team.

44. Penny Mania -

Derek Jett was coming home from a business trip on the West Coast and making a connection at the airport in Dallas. It was football season, and because it was football season (and not basketball season), he was wearing his University of Memphis cap.

45. Last Word: Bar-B-Foo, Grizz Draft Prospects and The Hampline -

Alleged sightings of Dave Grohl at the barbecue contest Thursday in Tom Lee Park and a photograph from a distance that might or might not be the head Foo Fighter. This does happen at the barbecue contest – celebrities quietly coming in with a team. Sometimes not so quietly as when Vice President Al Gore returned in the 1990s to a contest he had a booth at during his time as a U.S. Senator.

46. Wells Fargo Reportedly Altered Customer Docs; Exec Retires -

NEW YORK (AP) – Wells Fargo employees in its wholesale banking business allegedly improperly altered information on documents related to corporate customers, The Wall Street Journal reports.

47. Dot Transportation To Open Terminal In West Memphis -

With a new distribution terminal opening in West Memphis this month, Dot Transportation, an affiliate of Dot Foods Inc., is looking to hire new truck drivers to add to its fleet.

48. Grant Awarded For Auto Museum -

A facade improvement grant for a new automotive museum near Sun Studio was approved by the Downtown Memphis Commission’s Center City Development Corp. on Wednesday, May 16, clearing the way for Richard Vining’s $1.4 million renovation project at 645 Marshall Ave. to begin.

49. Tom Wolfe, Pioneering 'New Journalist,' Dead At 88 -

NEW YORK (AP) – Tom Wolfe, the white-suited wizard of "New Journalism" who exuberantly chronicled American culture from the Merry Pranksters through the space race before turning his satiric wit to such novels as "The Bonfire of the Vanities" and "A Man in Full," has died. He was 88.

50. Davos on the Delta Puts Memphis At Center of Agriculture World -

The annual raucous Memphis in May Festival has arrived for its 41st year. And in its shadow is the much more sedate second annual Davos on the Delta conference at the nearby Peabody hotel, within earshot of the festival and olfactory stimulation of its sprawling barbecue competition.

51. 12 Communities Picked for Tennessee Downtowns Program -

NASHVILLE, Tenn. (AP) – State officials say 12 communities in Tennessee will participate in a program aimed at revitalizing their downtown commercial districts.

Department of Economic and Community Development Commissioner Bob Rolfe said Friday that the communities will receive a $15,000 grant to complete a commercial improvement project as part of their inclusion in the Tennessee Downtowns program.

52. Gestalt Purchases Mendenhall Square Shopping Center from Belz -

A Belz-owned shopping center in southeast Memphis has been purchased by a longtime tenant in a multimillion-dollar deal.

Gestalt Community Schools, a charter school organization, purchased the Mendenhall Square Shopping Center, located on the northeast corner of Mendenhall and Winchester roads, from Belz for $8.9 million.

53. Second Convention Center Hotel Has Footprint Beyond City’s Tallest Building -

After four years as an emptied out eyesore and lots of promises with very little follow up, the city’s tallest building is at the center of a tentative deal to make it the second convention center hotel.

54. Convention Center Hotel Footprint Bigger Than 100 North Main -

Details of a tentative plan for a second convention center hotel at the 100 North Main Building show the conversion of the 53-year old skyscraper is just part of a plan that would have a larger footprint, taking in more Downtown real estate.

55. Last Word: Singletary to Memphis, County Budget Notes and Buying NIN Tickets -

It’s not a done deal yet. But there is at least the framework of a plan for the city’s tallest building. The city has signed a letter of intent with the current owners to convert the 100 North Main Building to a convention center hotel with retail, meeting space and a parking garage with a timeline to have this built and open for business by the end of 2022 – two years after the $175 million renovation of the Memphis Cook Convention Center is to be completed.

56. Irony, Thy Name Is Tennessee -

NEW STATUE PROPOSED. Last week in advance of the primary, I read with interest multiple accounts of the Shelby County Republican Party’s outrage with the candidacy of one of their own, Keith Alexander, for property assessor.

57. Local Entrepreneur Bringing Old Properties Back To Life One Building at a Time -

Being a developer is something that local entrepreneur Eduardo Sanchez Borja has always been interested in, but has never really had the time to do.

But with his two staffing companies, Inspire Hotel Staffing and Supreme Staffing, doing well, he figured the time was right to take a leap of faith.

58. Bolton Legal Bills Kept Under Wraps -

Shelby County commissioners appeared on their way to a public records controversy before a Wednesday special meeting on a potential veto override.

The new controversy emerged Tuesday, May 8, as two un-named county commissioners requested to see how much former county commissioner Julian Bolton has billed the county in legal fees as the commission’s legislative policy advisor.

59. Last Word: Making Memphis Easier, Strickland on Graceland and Construction Jobs -

Some of the BSMF reviews in from this past weekend are thumbs up for the way Memphis In May has ramped up what you might call its infrastructure around Uber, Lyft and little items like muddy boots for the increasing number of Memphians and visitors who are ready to go no matter what the weather is doing. And they may opt for some other way into Downtown beyond driving a car and finding a parking place and walking, especially when there’s a drop off at the northern end of the music festival. Even a fire hydrant water flow to take the mud off your boots. We can make Memphis easier with less effort than we think at the outset.

60. Two Large Industrial Portfolios in Southeast Memphis Sold -

4049 Willow Lake Blvd., Memphis, TN 38118 (portfolio)

Sale Amount: $21.8 million

Buyer: Faropoint Ventures

Buyer Rep: Brian Califf, NAI Saig Co.

61. -

EMPHASIS Commercial Real Estate
...

62. Rapid Expansion -

For the fifth time in a little more than two years, commercial real estate brokerage Avison Young is growing in Memphis. Now the rapidly expanding local franchise, which started out as two men in a temporary office and currently employs 15, will be occupying 5,200 square feet in an iconic building along the Poplar corridor, more than doubling its previous footprint.

63. Conscious Capitalism: A Conversation With Selim Bassoul -

Editor’s note: Selim Bassoul is CEO of The Middleby Corp., an Elgin, Illinois-based manufacturer of commercial kitchen equipment, residential appliances and systems for industrial processing.

64. Gibson Building Owners to Partner with Orgel Family -

The new owners of the Gibson Guitar Factory building in Downtown Memphis have partnered with a prominent local family to bring the prime parcel of land back to life. 

On Monday, April 30, New York-based real estate investment firm Somera Road Inc., which purchased the 150,000-plus-square-foot building and showroom located at 145 Lt. George W. Lee Ave. for $14.4 million in January, announced it would be partnering with Billy and Benjamin Orgel’s Orgel Family LP to redevelop the guitar factory.

65. Memphis Army Depot, CA Building Get New Owners -

2028 Memphis Depot Pkwy.
Memphis, TN 38114

Sale Amount: $50 million

66. Triumph Bank Chairman: We Expect Record Earnings in 2018 -

Triumph Bank’s leadership has laid out some ambitious goals the fast-growing bank will be pursuing through the rest of 2018 as well as some longer-term targets it will try and hit over the next five years.

67. Sleep Mode? Tech Giants' Kids' 'Fixes' Amount to Baby Steps -

NEW YORK (AP) – Facebook is adding a "sleep" mode to its Messenger Kids service to let parents limit when their kids can use it.

It's the latest concession that tech companies are making as critics question whether they should be targeting kids at all. Among their chief concerns: The effects on kids are not yet known, and companies might not have children's best interests at heart when tech for kids is such a lucrative market.

68. Commercial Appeal Building Sells for $2.8M -

The Commercial Appeal building, 495 Union Ave., has been sold to a New York investment company for $2.8 million.

69. Nonprofit Inks Lease For New HQ Downtown -

Campaign for School Equity will have a new home in Downtown Memphis, as the local nonprofit has inked a 2,959-square-foot sublease at 100 Peabody Place.

70. Poag Names New Chief Strategy Officer -

Poag Shopping Centers has promoted Brian Smith to chief strategy officer and executive vice president of leasing for the Memphis-based commercial real estate company, which specializes in the leasing, development and management of open-air retail complexes across the United States.

71. Poag Names New Chief Strategy Officer -

Poag Shopping Centers has promoted Brian Smith to chief strategy officer and executive vice president of leasing for the Memphis-based commercial real estate company, which specializes in the leasing, development and management of open-air retail complexes across the United States.

72. Opioid Treatment Gap in Medicare: Methadone Clinics -

One in three older Americans with Medicare drug coverage is prescribed opioid painkillers, but for those who develop a dangerous addiction there is one treatment Medicare won't cover: methadone.

Methadone is the oldest, and experts say, the most effective of the three approved medications used to treat opioid addiction. It eases cravings without an intense high, allowing patients to work with counselors to rebuild their lives.

73. Our College Athletes Are Americans, Too, So Let’s Treat Them That Way -

If you spilled an entire carton of milk on your kitchen table, you could count on the 12-member Commission on College Basketball to rush in and … not actually clean it up, just dab around the edges and leave a large and smelly stain in the center of your table cloth.

74. Q1 Economic Overview Underscores Optimism -

Buoyed by everything from a big cut in tax rates to the performance of the stock market of late, Mike McManus, co-founder of wealth management firm McManus Reilly Financial, says his clients have been acknowledging a resurgence in optimism these days. About everything from the economy to the state of their own financial affairs – a sentiment that the latest data and local economic indicators helps underscore.

75. Nonprofit Inks Lease For New HQ Downtown -

Campaign for School Equity will have a new home in Downtown Memphis, as the local nonprofit has inked a 2,959-square-foot sublease at 100 Peabody Place.

76. Last Word: The City's Windfall, Chandler Parsons' Knees and Keith Sykes on Flying -

When you think of economic engines that drive the Memphis economy there are a lot of corporate names past and present that come to mind. One further down the list is the Memphis Defense Depot in southeast Memphis more than 20 years after the Army closed up shop. Along the stretch of Airways near Memphis International Airport are the blue collar neighborhoods built by the hub for Army supplies that located here in the early 1940s on 4.2 million square feet of land.

77. Commercial Appeal Building Sells for $2.8 Million -

The Commercial Appeal building, 495 Union Ave., has been sold to a New York investment company for $2.8 million.

78. Graceland Map Shows New Arena, Convention Center and Manufacturing Center -

A new map of plans for the Graceland campus in Whitehaven shows two “exhibit buildings” of 80,000 square feet each on either side of a “live event center” Elvis Presley Enterprises wants to build on the western border behind its Elvis Presley’s Memphis entertainment complex.

79. US Appeals Court Rejects Copyright Suit Over Monkey Selfies -

SAN FRANCISCO (AP) – U.S. copyright law does not allow lawsuits claiming animals have copyrights to photographs, a U.S. appeals court ruled Monday in a case over selfies taken by a monkey.

80. Local, State and Federal Election Cycles Blend On Last Weekend of Early Voting -

Candidates in the August and November elections were out on the last weekend of early voting in Shelby County in advance of the May 1 election day for county primaries.

The events were a mix of candidates from all three elections on the calendar in 2018.

81. CA Sells Land, CBRE Inks New Office Deal -

597 Beale St., Memphis, TN 38103: Gannett Co. Inc., The Commercial Appeal’s parent company, has sold 5 acres adjacent to the CA’s 495 Union Ave. location to a New York-based investment company that specializes in acquiring underperforming and underutilized locations from legacy newspapers.

82. Commercial Appeal Sells 5 Acres to Investment Firm -

Gannett Co. Inc., The Commercial Appeal’s parent company, has sold 5 acres adjacent to its 495 Union Ave. location to a New York-based investment company that specializes in acquiring underperforming and underutilized locations from legacy newspapers.

83. Electronic Security Firm Buys Select Frase Accounts -

Memphis-based Electronic Security Specialists (ESSC), a licensed low-voltage contractor that installs and services electronic security equipment, has purchased required commercial fire alarm accounts from Frase Protection.

84. IMC Gives Drivers Largest Pay Increase in Its History -

In response to a critical driver shortage, Memphis-based IMC Companies has enacted the largest pay raise in the company’s history, effective April 15.

The pay increase for drivers in the Intermodal Cartage Co. division will average more 30 percent.

85. IMC Giving Drivers Largest Pay Increase in Company’s History -

In response to a critical driver shortage, Memphis-based IMC Companies has enacted the largest pay raise in the company’s history, effective April 15.

The pay increase for drivers in the Intermodal Cartage Co. division will average more 30 percent.

86. Electronic Security Specialists Buys Frase Fire Alarm Accounts -

Memphis-based Electronic Security Specialists & Cabling (ESSC), a licensed low-voltage contractor that installs and services electronic security equipment, has purchased required commercial fire alarm accounts from Frase Protection.

87. Fred’s Delays Earnings, Annual Report Due to Specialty Pharmacy Unit Sale -

A couple of hours before Memphis-based discount retailer Fred’s Inc. was due to begin its fourth quarter and fiscal year 2017 earnings presentation for analysts, the company pulled the plug.

Scheduled for Wednesday, April 18, Fred’s has postponed not only the earnings presentation but the release of its annual report. Both have been delayed about two weeks due to a decision Fred’s board of directors made in the fourth quarter to sell the company’s specialty pharmacy business.

88. Last Word: Failed Test, Trolley Back Story and Violent Crime Down City and County -

The state’s third problem with online student achievement testing in three years is gathering political force in Nashville. And that force is aimed for the most part at testing in general and the role it plays in evaluating teachers and students.

89. Commercial Appeal Sells Land To New York Investment Firm -

Gannett Co. Inc., The Commercial Appeal’s parent company, has sold 5 acres adjacent to its 495 Union Ave. location to a New York-based investment company that specializes in acquiring underperforming and underutilized locations from legacy newspapers.

90. Commercial and Critical Darling Kendrick Lamar Wins Pulitzer -

NEW YORK (AP) — Kendrick Lamar has won the Pulitzer Prize for music, making history as the first non-classical or jazz artist to win the prestigious prize.

91. The Latest: Lawyer for Men Hopeful on Meeting With Starbucks -

PHILADELPHIA (AP) — The Latest on arrest of two black men at a Philadelphia Starbucks (all times local):

3 p.m.

The lawyer for the two black men arrested at a Philadelphia Starbucks store and later released without charges says he hopes "something productive for the community" can come out of their meeting with the company.

92. Raymond James Sues Landlord Over Elevators -

Raymond James & Associates Inc., the name tenant of the Raymond James building at 50 North Front St., is suing its landlord at the building over elevator problems in a lawsuit first filed in Chancery Court in February that has since been transferred to Memphis federal court.

93. ‘Food as Medicine’: Church Health grows robust nutrition services at Crosstown -

Health care patients often need as much care and coaching on their nutrition, fitness, or mental health as they may need in dealing with a chronic disease or injury.

Church Health integrates all of those things into its model of care and now trains medical students, residents and practitioners in culinary medicine.

94. Last Word: Bakery Rising, Legislative Notes From Nashville and Jazz Messiah -

Some call it the Bakery Project – others Wonder Bread. Whatever you call it the redevelopment project that is centered on the old Wonder Bread bakery on Monroe between Downtown and the Medical District is moving with a building permit this week for what developer Gary Prosterman and his team call the Cadillac Building … because it was once a Cadillac dealership. That’s part of the code being used for places that have been out of action or barely functioning for decades and are now under development.... very post-apocalyptic. 

95. Prosterman Talks Trends for Wonder Bread Project and Phase Two ‘Jewel’ -

As a fourth-generation Memphian, Gary Prosterman is familiar with the drive to and from work on Union, Monroe or Madison avenues.

He called for an informal show of hands at the Memphis Rotary Club luncheon Tuesday, April 10, of how many also drive the streets daily and a lot of hands went up.

96. Uber, Lyft Add Programs At Memphis International -

Ride-share companies Lyft and Uber have introduced a new “Rematch” program at Memphis International Airport designed to reduce wait times and provide drivers with more flexibility.

Rematch allows drivers to accept ride requests immediately after dropping off a customer. Previously, drivers were required to return to the airport’s cellphone lot after drop-off, and be placed in a queue for ride requests.

97. Child Advocates Ask FTC to Investigate YouTube -

The fine print of YouTube's terms of service has a warning that goes unheeded by millions of children who visit YouTube to watch cartoons, nursery rhymes, science experiments or videos of toys being unboxed.

98. Grizzlies Set to Pick in Top Five; Bickerstaff’s Future Cloudy -

On Wednesday, the Memphis Grizzlies will play their last game of this difficult season at Oklahoma City. They are on track to finish with the second-worst record in the NBA and to have just under a 20 percent chance in the NBA Lottery to wind up with the overall No. 1 pick.

99. EDGE Advances Both of EPE’s Graceland Expansion Requests -

After multiple delays, lawsuits and revamped plans, the next phase of Elvis Presley Enterprises’ Graceland expansion have been approved by the Economic Development Growth Engine for Memphis and Shelby County.

100. Out of Flowers? Flour? Businesses Contend With Supply Crises -

NEW YORK (AP) – When heavy rain pelted Central America, Shane Pliska couldn't get shipments of taupe-colored roses he needed for clients' weddings.

"Of course, this was the season when everyone wanted champagne- and gold-themed weddings, and the champagne part was all taupe roses," says Pliska, owner of Planterra, a commercial florist and owner of a wedding venue where the decor is all about flowers and plants.