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Editorial Results (free)

1. Verizon, AT&T to End Location Data Sales to Brokers -

Verizon and AT&T have pledged to stop providing information on phone owners' locations to data brokers, stepping back from a business practice that has drawn criticism for endangering privacy.

The data has apparently allowed outside companies to pinpoint the location of wireless devices without their owners' knowledge or consent. Verizon said that about 75 companies have been obtaining its customer data from two little-known California-based brokers that Verizon supplies directly – LocationSmart and Zumigo

2. County Commission Leaves Only Tax Rate Undone In Budget Season -

Shelby County commissioners took final action Monday, June 18, on every item in its budget season except a final approval of a $4.05 county property tax rate.

The approval of a $1.3 billion county consolidated operating budget and a $90.2 million capital budget for the fiscal year that starts July 1 came with unanimous votes by the 13-member body.

3. Bain Capital Buying Varsity Brands for $2.5B -

Memphis-based Varsity Brands Inc. is being purchased by Bain Capital Private Equity in a deal Varsity says will help it "accelerate our growth to the next level."

4. County Commission Leaves Only Tax Rate Undone in Budget Season -

Shelby County commissioners took final action Monday, June 18, on every item in its budget season except a final approval of a $4.05 county property tax rate.

The approval of a $1.3 billion county consolidated operating budget and a $90.2 million capital

5. Bird Scooter Deal on Cutting Edge of Memphis’ ‘Demand Economy’ -

Standing beside two electric scooters in Court Square last week, Memphis City Council member Kemp Conrad quoted Sun Tzu, author of the ancient Chinese military strategy tome “The Art of War.” “Opportunities are multiplied as they are seen,” he said in quoting the favorite military tactician of 21st-century American business leaders.

6. Women- & Minority-Owned Biz Loan Fund Launches -

A $15 million small-business loan fund announced Monday, June 11, is aimed at improving access to capital for minority- and women-owned businesses in the Memphis area.

The loan fund is a partnership between Pathway Lending, a nonprofit regional community development financial institution, and Epicenter, the nonprofit entrepreneurial hub organization. Pinnacle Financial Partners, First Tennessee and Regions Bank are providing the initial capitalization of the Memphis Small Business Opportunity Loan Fund.

7. New Loan Fund Launches For Women-, Minority-Owned Biz -

A $15 million small-business loan fund announced Monday, June 11, is aimed at improving access to capital for minority- and women-owned businesses in the Memphis area.

The loan fund is a partnership between Pathway Lending, a nonprofit regional community development financial institution, and Epicenter, the nonprofit entrepreneurial hub organization. Pinnacle Financial Partners, First Tennessee and Regions Bank are providing the initial capitalization of the Memphis Small Business Opportunity Loan Fund.

8. New Loan Fund for Minority, Women-Owned Businesses Starts with $15M -

A $15-million small business loan fund announced Monday, June 11, is aimed at improving access to capital for minority and women-owned businesses in the Memphis area.

The loan fund is a partnership among Pathway Lending, a nonprofit regional Community Development Financial Institution and Epicenter, the nonprofit entrepreneurial hub organization. Pinnacle Financial Partners, First Tennessee and Regions Bank are providing the initial capitalization of the Memphis Small Business Opportunity Loan Fund.

9. Int'l Paper Calls Off Bid for Smurfit Kappa -

Memphis-based International Paper Co. has called off its bid for now to acquire Smurfit Kappa Group PLC, Europe’s largest maker of cardboard boxes, IP executives announced Tuesday, June 6.

10. International Paper Calls Off Bid for Smurfit Kappa -

Memphis-based International Paper Co. has called off its bid for now to acquire Smurfit Kappa Group PLC, Europe’s largest maker of cardboard boxes, IP executives announced Tuesday, June 6.

11. International Paper Passes on Final Bid for Smurfit Kappa Acquisition -

Memphis-based International Paper Co. has called off its bid for now to acquire Smurfit Kappa Group PLC, Europe’s largest maker of cardboard boxes, IP executives announced Tuesday, June 6.

12. Few Ripples to End City Hall’s Budget Season -

The Memphis City Council gave final approval Tuesday, June 5, to a $685 million city operating budget, an $87 million capital budget and a $3.19 city property tax rate.

The votes ended City Hall’s budget season with few changes to the budget proposed by Memphis Mayor Jim Strickland for the fiscal year that begins July 1.

13. Last Word: Our Un-Signature, City Hall Beat Down and Lamar Avenue -

The first thing most people notice when they realize there is lots of development going on in Memphis but that its quite different than Nashville’s brand of development is that you don’t see nearly as many construction cranes here as you do there. It’s become an un-signature of sorts for what is an ongoing remake of Memphis. We adapt and use for new purposes. We also move institutions around, it turns out.

14. City Council Approves $685M City Budget, Takes City Tax Rate to $3.19 -

The Memphis City Council gave final approval Tuesday, June 5, to a $685 million city operating budget, an $87 million capital budget and a $3.19 city property tax rate.

The votes ended City Hall’s budget season with few changes by the council to the budget proposed by Memphis Mayor Jim Strickland for the fiscal year that begins July 1.

15. New Banking Law A Step Forward For Community Banks -

Tennessee’s banks help our communities in the Volunteer State flourish. Small-business owners count on banks to provide the loans they need to succeed. Consumers depend on these financial institutions when they need a mortgage or car loan.

16. City Council Faces Final Vote on Tax Rate -

Memphis City Council members could start to wrap up the budget season Tuesday, June 5, with third and final-reading votes on the city property tax rate and a resolution approving the city’s capital budget.

17. The Week Ahead: June 4-10 -

Good morning, Memphis. Or should we say, “Hush, y’all.” It’s time again for the annual FedEx St. Jude Classic golf tournament, a Memphis tradition that spans 60 years and has been funneling millions of dollars into the doors at St. Jude Children’s Research Hospital. 

18. 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.

19. First Horizon’s Flippin: $4B Initiative ‘Laser-Focused on Helping People’ -

Since joining First Horizon National Corp. as executive vice president and chief communications officer in January, Candace Steele Flippin has met with community leaders and organizations to identify areas that are prime candidates for the bank’s recently announced Community Benefit Plan. This $4 billion, five-year initiative earmarks funds for small-business loans, home loans, and community development in low- to moderate-income areas within the bank’s footprint.

20. Op-Ed: New Banking Law a Step Forward for Community Banks -

Tennessee’s banks help our communities in the Volunteer State flourish. Small-business owners count on banks to provide the loans they need to succeed. Consumers depend on these financial institutions when they need a mortgage or car loan.

21. Last Word: Kim Kardashian's Plea, The Duran Stay and Mid-Term Moves -

A drug case from Memphis federal court in the early 1990s was the reason Kim Kardashian West was at the White House Wednesday. Kardashian West is among those pushing for a presidential pardon for Alice Marie Johnson – serving a life sentence on a federal drug and money laundering conviction. Here is the Associated Press story.

22. US Economic Growth Revised Down to 2.2 Percent Rate in Q1 -

WASHINGTON (AP) – The U.S. economy grew at a weaker 2.2 percent annual rate in the first three months of the year, as consumers and businesses slowed their spending. But given the economy's recent performance, analysts are still looking for a solid rebound in the current quarter.

23. 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.

24. Blockchain Tech ‘is the Shiny New Penny’ -

During the General Assembly session that just ended legislators debated a number of hot-button issues: guns, abortion, Confederate statues and medical marijuana.

But tucked among the headline-grabbers was a brief bill, less than 300 words long, that attracted no controversy whatsoever.

25. International Paper Hopes for Talks In Deal to Acquire Smurfit Kappa -

After recently being given a June 6 deadline by the Irish Takeover Panel to make a final binding offer to acquire Europe’s largest cardboard box producer, Smurfit Kappa Group, Memphis-based International Paper Co. decided against a hostile takeover attempt and is instead hoping to open a dialogue with the company to determine a mutually beneficial path forward.

26. Crazy Good -

STILL CRAZY. STILL RIGHT. Lauren Crews and I sipped coffee and talked about his crazy idea. Again. I’m writing about it. Again. Maybe we’re both crazy.

We first talked about it sipping whiskey years ago at sunset on the bluff behind the Metal Museum, gazing out on the river’s big, bold bend south of the Harahan, the most dramatic river view in Memphis, dramatic enough to accommodate big, bold vision.

27. Hopson’s Schools Budget Features $12.7M Gap for County to Consider -

The school year that ends Thursday, May 24, marks five years since the historic change in public education kicked off in August 2013.

First was the one-year merger of city and county schools, followed by the demerger into seven public school systems within Shelby County.

28. Last Word: Bike Second Line Protest, Loeb's Portrait and SCS Budget Notes -

“Get on your bikes and ride.” The local bike share program begins Wednesday at 60 different Explore Bike Share stations at different points around town. The bike rental program is considered a milestone in the city’s bicycle culture. And like all milestones there has to be a ceremony. This effort to make it easier to mix bikes into your daily journeys will kick off Wednesday morning in Court Square at 9:30 a.m.

29. Hopson's Schools Budget Features $12.9 Million Gap For County To Consider -

The school year that ends Thursday, May 24, marks five school years since the historic change in public education kicked off in August 2013 with the one-year merger of city and county schools followed by the demerger into seven public school systems within the county.

30. Copenhagen Provides Good Example Of Bike Safety -

While there may be something rotten in Denmark, as Shakespeare wrote in “Hamlet,” it sure isn’t in the bicycling realm. And as Memphis embarks on its new Explore Bike Share initiative, a look at the Scandinavian country of 5.7 million people certainly offers a positive tale of cycling safety.

31. Last Word: The Bus to Shelby Farms, Sports Gaming In Tunica and Tom Lee's Story -

It hasn’t been this hot in 30 years … to the day. The high Monday of 93 degrees eclipsed the old record for the day of 91 degree in 1988. I’m not much of a thermometer watcher. But this did get my attention because I was imagining all of the big hair emergencies 30 years ago. Guys going to their closets to break out the Miami Vice pastel t-shirts and linen blazers. And of course California Raisins hysteria. And I do find it not entirely coincidental that we break a record from 1988 as there is talk of a remake of the movie “Willow.” We could break another record for all of this Tuesday and we’ll see what my mind does with the year of the old record if that’s the case.

32. What Do Statewide Candidates Say About Rural Tennessee? -

Like most of America, Tennessee’s metropolitan areas have prospered during the last eight years, while the rural areas have lagged in almost every measure. The state has 19 of its 95 counties classified as “distressed.” What can and should we do to give every Tennessean a chance to succeed?

33. Last Word: New Football League, Drone Testing and New Chandler Numbers -

The Alliance of American Football announces its presence in Memphis Thursday afternoon at the Liberty Bowl. And so begins another chapter in the city’s colorful history of start-up leagues. It is a long history dominated by football with a good stretch of the timeline taking in the city’s pursuit of an NFL franchise. Sometimes the rules are a bit different and the leagues have a history of not lasting very long. But they are fondly remembered.

34. Fall Creek Falls Project Leaves Destructive Trail -

The Fall Creek Falls Inn and Conference Center will soon be in ruins like the livelihoods of the state employees who worked there.

Fewer than half the state employees who worked at the inn found new state jobs after it closed in early April. Some are working for nearly half the pay, and some had to move away from Van Buren County or drive long distances to keep a job with the state.

35. Last Word: Veto Override Drama, Iran Reaction & Rise of the Rest Meets Soundways -

Shelby County Commissioners have a busy committee day Wednesday with a budget presentation – county mayor Mark Luttrell’s final one as the county’s chief executive, more discussions about the Graceland plan and a veto override.

36. Stengel Elected President Of Construction Counsel Association -

Evans Petree PC shareholder Elizabeth B. Stengel has been elected the first female president of the Tennessee Association of Construction Counsel, a not-for-profit professional association of Tennessee attorneys with practices related to the construction industry.

37. Fred’s Reports Another Quarter’s Bleak Results -

Joseph Anto’s first presentation of the quarterly numbers for discount retailer Fred’s Inc. lasted about 13 minutes from start to finish.

Anto, appointed last week as interim CEO of the troubled Memphis-based company, is personally approving every invoice over $5,000. The company, he said, is “maniacally” focused on cutting expenses and in the process of pursuing yet another strategy shift after a failed transition of the company’s emphasis to personal health care.

38. Why Wall Street's Worried About Tesla -

Elon Musk's track record for technological feats as chief of SpaceX has turned skeptics into believers in everything from his quest to open space travel to Mars to his desire to build a tunnel for high-speed travel between New York and Washington. As Tesla's CEO, his ambitious vision for electric cars has also earned him a faithful following.

39. First Tennessee to Lay Off 58 in Greene County -

First Tennessee Bank is laying off a few dozen employees in Greene County, Tennessee, a move that’s related to the bank’s merger with Capital Bank Financial Corp.

40. South Korean Appliance Co. Opening Plant in West Tenn. -

Dong-A Hwa Sung Co, a South Korean maker of home appliance and automotive parts, is opening its first U.S. plant in Martin, Tennessee.

41. Fred’s Fiscal Year Loss Doubles From 2016 -

Joseph Anto’s first presentation of the quarterly numbers for discount retailer Fred’s Inc. lasted about 13 minutes from start to finish.

Anto, appointed last week as interim CEO of the troubled Memphis-based company, is personally approving every invoice over $5,000. The company, he said, is “maniacally” focused on cutting expenses and in the process of pursuing yet another strategy shift after a failed transition of the company’s emphasis to personal health care.

42. Germantown To Fund School Deferred Maintenance -

Germantown Mayor Mike Palazzolo will propose more city capital funding in his upcoming budget proposal for renovation and maintenance of schools in the Germantown Municipal School District.

Palazzolo announced the move this week at the groundbreaking for construction of the new $27 million, 110,000-square-foot Germantown Elementary School on Forest Hill-Irene Road south of Poplar Pike.

43. 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.

44. Luttrell Proposes Adjusting Down County Property Tax Rate -

Shelby County Mayor Mark Luttrell is proposing a rollback of the $4.11 county property tax rate to $4.05 in his last budget proposal to the Shelby County Commission.

Luttrell will formally present the $1.3 billion consolidated county government budget to commissioners at Wednesday, May 9, committee sessions. The proposal, known as the budget book, was delivered to individual commissioners Monday.

45. First Tennessee to Lay Off 58 in Greeneville -

First Tennessee Bank is laying off a few dozen employees in Greene County, Tennessee, a move that’s related to the bank’s merger with Capital Bank Financial Corp.

46. South Korean Appliance Co. Opening Plant in West Tenn. -

Dong-A Hwa Sung Co, a South Korean maker of home appliance and automotive parts, is opening its first U.S. plant in Martin, Tennessee.

47. Nashville Voters Reject $5.4 Billion Mass Transit Plan -

NASHVILLE, Tenn. (AP) – Nashville voters on Tuesday overwhelmingly rejected a plan to pay for a $5.4 billion mass transit system that called for a new light rail system, expanded bus routes and the building of a downtown underground tunnel.

48. Last Word: Primary Results and Analysis, Bike Launch, Gibson's Bankruptcy -

The immediate headline of Tuesday’s county primary elections is Lee Harris and David Lenoir battling in the August county general to see who becomes the next county mayor. But there were lots of other stories in the results. Here's the roundup of that and the other countywide primaries.

49. First Tennessee Laying Off 58 in Greeneville -

First Tennessee Bank is laying off a few dozen employees in Greene County, Tennessee, a move that’s related to the bank’s merger with Capital Bank Financial Corp.

The layoffs come as First Tennessee has consolidated operations at the locations that remain in Greene County after First Tennessee and Capital Bank jointly agreed to divest two branches.

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

2028 Memphis Depot Pkwy.
Memphis, TN 38114

Sale Amount: $50 million

51. Memphis Industrial Park Sells for $50 Million -

The 4.2 million-square-foot Memphis Depot Industrial Park just north of Memphis International Airport has sold for $50 million.

Atlanta-based Ares Management and Mt. Kisco, New York-based Diamond Properties bought the 43-building industrial park and former U.S. Army supply depot from Mayfield Properties, the Dallas company that had owned it since 2011 under the name Memphis Depot Associates LLC.

52. Bookings for Southwest Fall After Fatal Accident -

DALLAS (AP) – Southwest Airlines says bookings are down since the fatal accident on one of its planes last week.

The company said Thursday that it expects revenue per mile, which tracks average prices, will drop between 1 percent and 3 percent in the April-through-June quarter. It said that 1 to 2 percentage points of the decline is due to slower sales since the April 17 accident that killed a passenger.

53. E. Coli Outbreak Linked to Romaine Lettuce Grows to 84 Cases -

PHOENIX (AP) – The E. coli outbreak linked to tainted romaine lettuce has grown and sickened 84 people from 19 states, U.S. health officials said Wednesday.

At least another 31 cases are believed to be tied to romaine lettuce grown in Yuma, Arizona, the U.S. Centers for Disease Control said.

54. Comcast Challenges Murdoch With Rival Bid for UK-Based Sky -

LONDON (AP) – U.S. media giant Comcast on Wednesday offered 22 billion pounds ($30.7 billion) for Sky PLC, topping a bid from Rupert Murdoch's 21st Century Fox and setting up a bidding war for Britain's biggest satellite television company.

55. Memphis Industrial Park Sells for $50 Million -

The 4.2 million-square-foot Memphis Depot Industrial Park just north of Memphis International Airport has sold for $50 million.

Atlanta-based Ares Management and Mt. Kisco, New York-based Diamond Properties bought the 43-building industrial park and former U.S. Army supply depot from Mayfield Properties, the Dallas company that had owned it since 2011 under the name Memphis Depot Associates LLC.

56. Memphis Depot Industrial Park Sells for $50 Million -

The 4.2 million-square-foot Memphis Depot Industrial Park just north of Memphis International Airport has sold for $50 million.

Atlanta-based Ares Management and Mt. Kisco, New York-based Diamond Properties bought the 43-building industrial park and former U.S. Army supply depot from Mayfield Properties, the Dallas company that had owned it since 2011 under the name Memphis Depot Associates LLC.

57. Last Word: Graceland's New Map, Weighted Caseloads and Rallings on Duran -

I’ve been thinking a lot about the term budget season and what that means in our political culture. My thought is we need to make this more season than process in the same way that we have made May more than just the last full month of spring. We should celebrate reprogramming and enterprise funds. Why hasn't someone written an ode to OPEB or at least done an OPEB mural? -- unless that was one of the ones on Willet that got painted over by mistake.

58. Mayor Strickland Takes Third Budget Proposal to City Council -

Memphis Mayor Jim Strickland takes his third budget proposal to the Memphis City Council Tuesday, April 24, opening City Hall’s budget season with what is expected to be a budget that keeps the city property tax rate stable.

59. Local Legislators Continue Efforts to Reform EDGE -

The push to reform the way the Economic Development Growth Engine for Memphis and Shelby County operates continued Friday, April 20 at a joint subcommittee meeting held by the Shelby County Commission and Memphis City Council.

60. Archer Malmo Wins Best of NAMA Awards -

Brand communications agency Archer Malmo was honored by the National Agri-Marketing Association at both the national and regional levels of the Best of NAMA awards.

The agency received a national first-place and national merit award, as well as a total of 25 regional awards.

61. Excavator Blamed for Island-Wide Blackout in Puerto Rico -

SAN JUAN, Puerto Rico (AP) — An island-wide blackout hit Puerto Rico on Wednesday as the U.S. territory struggles to repair an increasingly unstable power grid nearly seven months after Hurricane Maria. Officials said an excavator accidentally downed a transmission line.

62. The Latest: Judge Defends Right to Oppose Death Penalty -

LITTLE ROCK, Ark. (AP) — The Latest on an Arkansas judge participating in an anti-death penalty demonstration outside the governor's mansion (all times local):

12:35 p.m.

An Arkansas judge prohibited from hearing execution cases said he remains as committed to the law and his First Amendment right to express his "moral and religious" opposition to the death penalty as he was a year ago when he was disqualified for participating in an anti-capital punishment demonstration.

63. Archer Malmo Wins National, Regional Ag Industry Awards -

Brand communications agency Archer Malmo was honored by the National Agri-Marketing Association at both the national and regional levels of the Best of NAMA awards.

The agency received a national first-place and national merit award, as well as a total of 25 regional awards.

64. Luttrell Vetoes One Resolution, Refuses to Sign Another -

Shelby County Mayor Mark Luttrell has vetoed a resolution for attorney and former County Commissioner Julian Bolton to continue in his role as legislative policy adviser to the commission.

65. Luttrell Vetoes One Resolution, Refuses to Sign Another -

Shelby County Mayor Mark Luttrell has vetoed a resolution for attorney and former county commissioner Julian Bolton to continue in his role as legislative policy advisor to the commission.

66. Last Word: Parking Distrust, Early Voting Numbers and Missile Strike Reaction -

There is probably no better symbol of the distrust that has been a factor in reaching a compromise in Overton Park to end greensward parking by the Memphis Zoo. It is what happened to the idea of a walkway from the zoo plaza to the greensward with the critical juncture being where the gravel driveway is now that is used by cars to park on the greensward. We examine that and other larger points from last week’s decision by City Hall to change the design and make the amended plan the final plan.

67. First Tennessee to Put $4B In Community Investment -

Memphis-based First Tennessee Bank, along with its newly acquired Capital Bank, are launching a five-year, nearly $4 billion effort to expand the availability of financial resources in low- to moderate-income communities across an eight-state footprint.

68. Green Dot Gets $3M Loan For Bluff City High School -

Green Dot Public Schools is preparing for renovations of its Bluff City High School in Hickory Hill with a $3 million loan from Nonprofit Finance Fund and Boston Community Capital.

The loan is for further renovations, including modular buildings for classrooms and staff offices, at the charter school’s campus in what was Solid Rock Christian Church, 4100 Ross Road.

69. First Horizon Starts Off 2018 With Strong Q1 Results -

The first full quarter with Capital Bank integrated into the operations of Memphis-based First Horizon National Corp. saw a pickup year-over-year in several key areas like loans, deposits and growth in net income.

70. A Memphis Parable -

HOWARD AND BILL. One of my first columns was this very Memphis story. It’s time to tell it again. 

In the ’60s, Howard Robertson was a black postal carrier moonlighting as a waiter at the capital of white money dining in Memphis, Justine’s, housed in an antebellum mansion. Bill Loeb was a successful white businessman, owner of ubiquitous laundry branches about town, and the brother of Henry Loeb, mayor during the 1968 sanitation strike. Loeb lived in a home literally bordering the Memphis Country Club. Robertson lived in the other Memphis those of us who grew up white then never really acknowledged.

71. Green Dot Gets $3M Loan For Bluff City High School -

Green Dot Public Schools is preparing for renovations of its Bluff City High School in Hickory Hill with a $3 million loan from Nonprofit Finance Fund and Boston Community Capital.

The loan is for further renovations, including modular buildings for classrooms and staff offices, at the charter school’s campus in what was Solid Rock Christian Church, 4100 Ross Road.

72. First Tennessee Bank Launching $4 Billion Community Investment Effort -

Memphis-based First Tennessee Bank, along with its newly acquired Capital Bank, are launching a five-year, nearly $4 billion effort to expand the availability of financial resources in low- to moderate-income communities across an 8-state footprint.

73. Poo as Good Business -

Talk about nothing wasted. Behold the founding story, which reads more like a creation myth, of Poo-Pourri.

Suzy Batiz, a 40-year-old woman from Jonesboro, Arkansas, declares her second bankruptcy conventional “rules” of success did not work for her life. To heal, she renounces the world of commerce and takes a two-year spiritual quest, experimenting with alternative healing methods that included the lost art of tapping and shamanic training in Peru.

74. Workers Benefit as US Businesses Struggle to Fill Jobs -

WASHINGTON (AP) – U.S. workers are increasingly benefiting as employers struggle to fill millions of open jobs.

More people who had given up looking for work are renewing their job hunts, more employees are confident enough to quit to look for other jobs and pay is gradually picking up.

75. Airport Overhaul Hits Milestone With B Concourse Closure -

Roughly a year after Memphis International Airport first unveiled its $214 million modernization plan, the project is taking its next significant step.

On Wednesday, April 4, Memphis International officially closed the B Concourse and relocated all airline operations, restaurants and retail businesses to the A and C concourses until the project wraps up in 2021.

76. Tesla Raises Production but Falls Short of Model 3 Goals -

DETROIT (AP) – Electric car maker Tesla Inc. increased production of its Model 3 mass-market car in the first quarter but still fell far short of the numbers it promised last summer.

77. Former FHN Communications Chief Launches New Venture -

Back in the summer, Memphis-based First Tennessee Bank was listed as the fifth most reputable bank in the nation in a report from the industry-focused news publication “American Banker.”

78. Last Word: Holder in Memphis for MLK 50, EDGE Sets a Date and South City Moves -

The week of MLK50 commemorations began Monday with a speech by former U.S. Attorney General Eric Holder and the arrival Monday afternoon of Rev. Bernice King, the youngest child of Dr. Martin Luther King Jr. Meanwhile, Monday's day of free admission to the museum, underwritten by FedEx drew a long line. It also drew some remote trepidation that tends to make the situation seem worse than it is once you actually go there for yourself.

79. Analysis: Blacks Largely Left Out of High-Paying Jobs -

BOSTON (AP) – Jonathan Garland's fascination with architecture started early: He spent much of his childhood designing Lego houses and gazing at Boston buildings on rides with his father away from their largely minority neighborhood.

80. New Apartments Coming to Broad, Clark Tower Inks Another Tenant -

A multifamily project planned for Broad Avenue could provide the housing element that takes the arts district to the next level.


2542 Broad Ave.
Memphis, TN 38112

81. Community LIFT Looking to Build $5 Million Loan Pool Amid Growth -

An organization that pursues sources of financial, human and intellectual capital to strategically revitalize neighborhoods wants to build a $5 million loan pool for investing in Memphis communities and leaders.

82. McCann Launches Nonprofit Eating Disorders Association -

Teri Hardister McCann, founder and executive director of Fairhaven Treatment Center for Eating Disorders, has launched the Mid-South Eating Disorders Association, a nonprofit organization for treatment providers seeking to build community, access educational opportunities, and build awareness of treatment options for eating disorders. McCann serves as the founding president of MSEDA.

83. Frontier Gun Maker Remington Seeks Bankruptcy Protection -

Remington, the storied gun maker that began turning out flintlock rifles when there were only 19 states in the Union, has filed for bankruptcy reorganization amid years of slumping sales and legal and financial pressure over the Sandy Hook school massacre.

84. No Death Penalty Option In Lorenzen Wright Murder -

The ex-wife of former University of Memphis standout and NBA player Lorenzen Wright won’t face the death penalty if convicted of killing him more than seven years ago in Tennessee.

Shelby County prosecutor Paul Hagerman said before a hearing Monday, March 19, that Sherra Wright won’t face death if found guilty of first degree murder in her ex-husband’s shooting death. She has pleaded not guilty and is being held without bond.

85. What Do Statewide Candidates Say About Infrastructure Investment? -

Is investment in public infrastructure important? And should Tennessee have more dedicated revenue sources to pay for construction and maintenance of infrastructure across the state, or is the existing tax structure – primarily the state tax on fuel, and wheel taxes – sufficient to pay for what Tennessee needs to sustain and grow its economy?

86. CSE’s Martin Helping Students Find Their Voice -

Katie Martin’s required coursework in her dual degree master’s program at the University of Texas in Austin had the Texas native walking the length of a specific dichotomy every day.

87. Citigroup Puts Restrictions on Gun Sales -

NEW YORK (AP) – Citigroup is putting new restrictions on firearm sales by its business customers, making it the first bank to announce changes to its policies in the wake of the school shooting in Florida.

88. Scandal-Hit Weinstein Co. Files for Bankruptcy Protection -

NEW YORK (AP) – The Weinstein Co. filed for bankruptcy protection on Monday with a buyout offer in hand from a private equity firm, the latest twist in its efforts to survive the sexual misconduct scandal that brought down co-founder Harvey Weinstein, shook Hollywood and triggered a movement that spread out to convulse other industries.

89. Lorenzen Wright’s Ex-Wife Won't Face Death If Convicted -

MEMPHIS, Tenn. (AP) – The ex-wife of former NBA player Lorenzen Wright won't face the death penalty if convicted of killing him more than seven years ago in Tennessee, a prosecutor said Monday.

90. NFIB: Optimism Soaring Among Small Businesses -

Small-business owners are showing unprecedented confidence in the economy as the optimism index continues at record high numbers, rising to 107.6 in February, according to the NFIB Small Business Economic Trends Survey released Tuesday, March 13.

91. Capital Financial Group Completes Move to Tower -

Capital Financial Group has moved into the 23rd floor at Clark Tower, where it is now operating from its Memphis headquarters in 14,486 square feet.

Jerry Corless, president of Capital Financial Group, said recent improvements to the high-rise were critical factors in making the move, first reported by The Daily News last year.

92. Without Toys R Us, 30,000 Jobs, A Black Hole for Toy Makers -

NEW YORK (AP) – The demise of Toys R Us will have a ripple effect on everything from toy makers to consumers to landlords.

The 70-year-old retailer is headed toward shuttering its U.S. operations, jeopardizing the jobs of some 30,000 employees while spelling the end for a chain known to generations of children and parents for its sprawling stores and Geoffrey the giraffe mascot.

93. Capital Financial Group Completes Move to Tower -

Capital Financial Group has moved into the 23rd floor at Clark Tower, where it is now operating from its Memphis headquarters in 14,486 square feet.

Jerry Corless, president of Capital Financial Group, said recent improvements to the high-rise were critical factors in making the move, first reported by The Daily News last year.

94. NFIB: Optimism Soaring Among Small Businesses -

Small-business owners are showing unprecedented confidence in the economy as the optimism index continues at record high numbers, rising to 107.6 in February, according to the NFIB Small Business Economic Trends Survey released Tuesday, March 13.

95. Sewer Problems, Policies Test City’s ‘Brilliant at the Basics’ Resolve -

When Jim Strickland ran for Memphis mayor in 2015 on a campaign that would be “brilliant at the basics,” he probably didn’t have in mind the recent attention that sewers – the most basic of city services – have gotten in recent months.

96. Triumph Adds Bankers, Expands Into Nashville -

As its annual meeting approaches, Triumph Bank finds itself in a protracted growth spurt, with activity encompassing everything from a pickup in mortgage activity to the addition of new bankers and an expansion into Nashville.

97. Novel Approach -

The smallest of the city’s 17 public libraries is also one of its most used. The Frayser Branch library is a brick-and-glass rectangle on a half-acre at 3712 Argonne St. With some modest columns and shrubs, a few planters and cinderblock lattice work, it is shoe-horned into the side of a hill in a residential neighborhood a block from the commercial corridor of North Watkins Road still dominated by churches.

98. City Now Considering New Sewer Connections on Case-by-Case Basis -

It’s the kind of wording about a basic local government service that gets that attention of those who make sure the water runs when taxpayers turn on the faucet and the toilet flushes when taxpayers want it to.

99. AgLaunch Finds Traction In Intersection of Startups, Investors and Farmers -

Jan Bouten, a partner in Innova, the local early stage investment capital group, has some basic standards when deciding on startup companies to invest in.

He looks for “a solid team with a lot of experience in business” and the founders of AgriSync, an Iowa ag tech startup, checked that box.

100. Fed Numbers Show Local Lending Increase -

Robert Shaw is among the Memphis banking executives looking forward to what the rest of 2018 will bring. He is CEO of Memphis-based Paragon Bank, which at the end of February announced record-breaking revenue and pre-tax income for the fourth quarter of 2017. The numbers were driven by solid loan growth, a healthy net interest margin and continued attention to controlling expenses.