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Editorial Results (free)

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

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

2. Female CEOs See Pay Rise, But Numbers Remain Small -

For the second year in a row, female CEOs earned more than their male counterparts and received bigger raises. But only a small sliver of the largest companies are run by women, and experts say gender parity at the top remains way off.

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

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

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

4. Appeals Court Reverses Fraud Finding Against Bank of America -

NEW YORK (AP) – Bank of America Corp. was not liable for fraud and subject to a penalty of over $1.2 billion for its actions before the economy collapsed in 2008 despite a jury's finding to the contrary, a federal appeals court ruled Monday.

5. Global Ministries Continues to Take More Heat -

The receiver for the Warren and Tulane Apartments is in place with the notice filed in Memphis federal court last week that Foresite Realty Management LLC had accepted the job and that its bonding is in place.

6. Small Neighborhood Improvements Can Add Up Big -

Memphians have raised half a million dollars and counting for neighborhood improvements through a Livable Memphis and ioby strategic partnership.

“A lot of times you’re waiting for that check, that one big investment,” said John Paul Shaffer, program director for Livable Memphis. “And that can create a stasis in a neighborhood.”

7. Haslam Signs Bill to End Tax on Earnings From Investments -

NASHVILLE, Tenn. (AP) – Republican Gov. Bill Haslam has signed a bill into law that will phase out the state's Hall tax on earnings from stocks and bonds.

The law reduces the tax by 1 percentage point in the first year and then requires future reductions to eliminate the tax altogether by 2022.

8. Haslam Allows Tennessee Refugees Lawsuit to Move Forward -

NASHVILLE, Tenn. (AP) – Republican Gov. Bill Haslam has decided not to veto a resolution demanding a lawsuit be filed over the federal refugee resettlement program in Tennessee.

The governor announced Friday that despite his concerns about the measure, he was allowing it to go forward without his signature.

9. Hertz, Duncan-Williams Promote Red Nose Day -

Employees in the Forum office complex in East Memphis are sporting red noses for a good cause.

The Hertz Investment Group and Duncan-Williams Inc. launched an initiative spanning the East Memphis campus, encouraging workers to participate in Red Nose Day, a nationwide fundraiser on Thursday, May 26, to help disadvantaged children at home and abroad.

10. Global Ministries’ Bonds Downgraded for 2nd Time -

For the second time this year, S&P Global Ratings has downgraded bonds used to support Global Ministries Foundation’s apartment projects.

On May 3, S&P Global Ratings, formerly known as Standard & Poor’s Ratings Services, lowered its investment rating on 23 multifamily bonds issued on behalf of GMF. S&P removed all 23 ratings from CreditWatch, where the bonds had been placed in February, with negative implications.

11. West Cancer Doc Building Blood and Marrow Transplant Program -

As a measure of how far Dr. Yasser Khaled’s field has come, the medical director of the West Cancer Center’s recently formed Blood and Marrow Transplant Program still recalls some eye-opening statistics that date back to his early days in the field some 15 years ago.

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

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

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

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

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

14. One Family -

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

15. EDGE OKs Fast Track PILOT Program -

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

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

16. Phil Mickelson to Forfeit Nearly $1 Million in SEC Case -

NEW YORK (AP) – The professional golfer Phil Mickelson has agreed to forfeit nearly $1 million that the Securities and Exchange Commission said was unfairly earned on a tip from an insider trading scheme conducted by a former corporate director and a professional gambler.

17. Raymond James Fined $17M for Anti-Money Laundering Lapses -

WASHINGTON (AP) – Industry regulators have fined Raymond James $17 million, accusing the financial services firm of widespread failures in its controls against money laundering.

18. Hertz, Duncan-Williams Promote Red Nose Day -

Employees in the Forum office complex in East Memphis are sporting red noses for a good cause.

The Hertz Investment Group and Duncan-Williams Inc. launched an initiative spanning the East Memphis campus, encouraging workers to participate in Red Nose Day, a nationwide fundraiser on Thursday, May 26, to help disadvantaged children at home and abroad.

19. Global Ministries’ Bonds Downgraded for 2nd Time -

For the second time this year, S&P Global Ratings has downgraded bonds used to support Global Ministries Foundation’s apartment projects.

On May 3, S&P Global Ratings, formerly known as Standard & Poor’s Ratings Services, lowered its investment rating on 23 multifamily bonds issued on behalf of GMF. S&P removed all 23 ratings from CreditWatch, where the bonds had been placed in February, with negative implications.

20. Latest 'High Gear' Book Maps Success for College Grads, Millennials -

The 21 million U.S. students enrolled in postsecondary schools grew up with technology and the hourly clock of life ticking ever faster. Yet this has not always translated into a generation of young people ready to attack a world that waits for no one.

21. Court Appoints Receiver for Warren, Tulane Apartments -

The Tulane and Warren apartments are under the control of a court-appointed receiver.

U.S. District Judge Jon P. McCalla appointed Foresite Realty Management LLC of Rosemont, Ill., as the receiver of the two properties Tuesday, May 17, by a consent order.

22. Receiver Appointed for Warren and Tulane Apartments -

The Tulane and Warren Apartments are under the control of a court-appointed receiver.

U.S. District Judge Jon P. McCalla appointed Foresite Realty Management LLC of Rosemont, Illinois as the receiver of the two properties Tuesday, May 17, by a consent order.

23. Events -

Job Fair and Educational Summit for U.S. Veterans and People Living With Disabilities will be held Wednesday, May 18, from 9 a.m. to 2 p.m. at the Kroc Center, 800 East Parkway. Meet with more than 50 local employers along with 30 community services and training providers. Breakout sessions from 10 a.m. to 2 p.m. will cover interviewing tips, job preparedness skills and lifestyle issues. Cost is free. For more information, call 901-636-7940, 901-438-0412 or 901-726-6521.

24. PFM Group Promotes Lowe To Managing Director -

Lauren Lowe has been promoted to managing director of The PFM Group, a leading provider of independent financial and investment advisory services to state and local governments and not-for-profit institutions. Based in PFM’s Memphis office, Lowe serves the firm’s municipal advisory clients. Her areas of expertise include debt transactions and structuring, strategic planning, pricing and cash flow analysis as well as advising many of her local government clients on policy development.

25. SCS Budget Quest About More Than Dollar Figures -

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

26. Ag-Focused Startup Accelerator Launching Cohort -

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

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

27. 2 Self-Storage Facilities Sell for $5 Million -

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

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

28. Events -

Start Co. will offer small-business mentoring sessions Tuesday, May 17, from 2 p.m. to 6 p.m. at the Benjamin L. Hooks Central Library, 3030 Poplar Ave. This free program offers one-on-one counseling about starting or managing a small business. Visit memphislibrary.org for details.

29. Sometimes, Adviser Just Saves Clients From Themselves -

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

30. Delay On Larger Pinch Plan Grows Uneasy -

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

31. Haslam Says US Politics Were Point of Concern on Asia Trip -

NASHVILLE, Tenn. (AP) – Republican Gov. Bill Haslam said Friday that the U.S. presidential race is weighing heavily on the minds of executives that he met with on a recently concluded trade mission to Asia.

32. WIN Launches Data-Driven Initiative -

Workforce Investment Network has launched a new initiative that will use a data-driven approach to identifying a skilled workforce based on local industry needs.

The ACT Work Ready Communities initiative will use the college admissions ACT test to certify potential employees as “work ready,” according to a release from WIN.

33. Memphis Remains a Hot Market for Investors -

Local rental housing continues to be a popular buy for real estate investors. In the first quarter of 2016, 1,017 rental homes were purchased in Memphis and Shelby County, accounting for 30 percent of all home sales, according to data from Chandler Reports, a division of The Daily News Publishing Co.

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

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

35. FedEx, er, University of Memphis to Big 12? -

The slogan still resonates: When it absolutely, positively has to be there overnight.

All the world came to know that was Federal Express. I can remember knowing it was Federal Express.

36. Wilson Urges Family Philanthropic Efforts at Dunavant Awards -

When most people think of the Kemmons Wilson family, there is an image that comes to mind. It’s a black and white photo from the 1950s of the five children – three boys and two girls – of the Holiday Inn founder cutting the ribbon on the very first Holiday Inn at 4925 Summer Ave.

37. Last Word: GMF Aftermath, Cop Counts and Budgets and Richardson Towers' Fall -

More on the move by Bank of New York to have a receiver appointed for the Warren and Tulane Apartments currently owned by Global Ministries Foundation.

GMF CEO Rev. Richard Hamlet responded Wednesday to the filing in Memphis federal court saying he agrees that a receiver for the property is a good idea. But he doesn’t agree – and in fact, strongly disagrees with the claims and reasoning behind the bank’s call for the receiver.

38. Counseling Group Cancels Conference to Target Tennessee Law -

NASHVILLE, Tenn. (AP) – By canceling its conference in Tennessee next year, the American Counseling Association wants to put other states on notice that new LGBT laws can carry consequences, the group's leader said.

39. Haves, Have-Nots Get Varied Tax Relief -

Amid the rancor of bathroom and counseling bills, two major pieces of legislation slipped through the General Assembly this session with hardly a peep – elimination of the Hall tax and a partial revitalization of property tax relief for seniors and disabled veterans.

40. Nonprofit Operators Told That Failure Can Bring Long-Term Success -

“Innovation and the Courage to Fail.” That was the theme for the 11th annual conference for the nonprofit sector presented by the Alliance for Nonprofit Excellence and Nonprofit Quarterly.

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

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

42. Tribune Adopts Shareholder Rights Plan to Fend Off Gannett -

NEW YORK (AP) – Fending off an unsolicited takeover by the owner of USA Today, Chicago's Tribune Publishing has adopted a shareholder rights plan, better known as "poison pill."

Gannett offered to buy Tribune Publishing last month for more than $388 million. Tribune rejected the offer last week, saying the price was too low. The company owns the Los Angeles Time, Chicago Tribune and a number of other newspapers.

43. WIN Launches Data-Driven Initiative -

Workforce Investment Network has launched a new initiative that will use a data-driven approach to identifying a skilled workforce based on local industry needs.

The ACT Work Ready Communities initiative will use the college admissions ACT test to certify potential employees as “work ready,” according to a release from WIN.

44. What’s Your Innovation Definition? -

So many organizations set out to innovate but lose their way close to the finish line. All of the time, money and energy invested loom over them like an ominous shadow of failure ready to overtake the whole scene.

45. Memphis Musician Loan Program Awards First Loan -

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

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

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

47. $5.5 Billion Company Stakes Headquarters in Memphis -

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

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

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

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

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

49. Memphis MSA Industrial Sector Has A Strong First Quarter After Record 2015 -

The Memphis MSA industrial sector had a strong first quarter after a record-breaking year in 2015.

Last year saw a record absorption rate of 8.4 million square feet, which is 2 million square feet higher than 2006’s pre-recession levels.

50. 5 Tennessee Health Centers Getting $4 Million in Federal Funds -

NASHVILLE, Tenn. (AP) – Federal officials say five health centers in Tennessee are receiving more than $4.2 million to help them serve more patients.

The U.S. Department of Health and Human Services said Wednesday that the centers will use the funding to renovate or acquire new clinical space to provide care to an estimated 8,140 new patients in Tennessee.

51. Herenton Pitches Two New Schools For Juvenile Offenders -

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

52. Survey: US Businesses Add Jobs at Slowest Pace in 3 Years -

WASHINGTON (AP) – U.S. companies added jobs at the slowest pace in three years in April, a private survey found, a sign that slower growth and volatile financial markets could be weighing on hiring.

53. Aeropostale, One-Time Mall King, Seeks Bankruptcy Protection -

NEW YORK (AP) – Aeropostale, once the vibrant epicenter of the U.S. mall scene, is seeking Chapter 11 bankruptcy protection and closing 20 percent of its stores in North America.

The New York company said Wednesday that it is closing 113 of its 739 U.S. stores and all 41 locations in Canada. Going-out-of-business sales at those U.S. stores will begin this weekend.

54. Collierville Breaks Ground On $93.5M High School -

11605 E. Shelby Drive
Collierville, TN 38017

Project Cost: $93.5 million

Completion: August 2018

55. Metlife Fined $20M for Variable Annuities Switches -

WASHINGTON (AP) – MetLife has been fined $20 million by Wall Street's policing body for misleading customers in switching them from variable annuities contracts into more expensive ones.

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

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

57. Last Word: Budget-Mania, TNReady's Backstory and Slow Down Millenial Investors -

The Overton Park Greensward controversy moves back to City Hall Tuesday as the council talks over an ordinance that sets further in stone the council’s decision in March to give the Memphis Zoo control of two-thirds of the greensward.

58. Dallas Firm Buys Warehouse for $7.5 Million -

A warehouse near McKellar Lake has sold for $7.5 million.

W.M. Barr & Co., Inc. sold the property at 2170 Buoy St. to STORE Master Funding X, an entity of Dallas-based investment firm Argenta Partners, in an April 11 warranty deed.

59. -

EMPHASIS Securities & Investments
...

60. How Healthy is Your Organization? -

It is officially allergy season. Stuffy nose, itchy watery eyes and sore throat are all normal symptoms, but how do you know when these might point to a larger problem? Symptoms can alert us to greater underlying problems, but don’t often give us the complete story. This is also true in a business setting.

61. RegionSmart Details How to Prevent Erosion of Talent, Population -

During his three terms as mayor of Pittsburgh, Tom Murphy had to assume a great deal of risk in transforming the city’s economy from an industrial to an entrepreneurial base.

62. Federal Reserve Keeps Key Rate Unchanged -

The Federal Reserve kept a key interest rate unchanged Wednesday, April 27, against the backdrop of a slowdown in U.S. and global growth and provided no hint of when its next rate hike may occur.

In a statement after its latest policy meeting, the Fed noted that the U.S. is enjoying solid job gains but also that “economic activity appears to have slowed.”

63. Women's Foundation Honors 3 Influential Memphians -

The Women’s Foundation for a Greater Memphis is entering its 21st year as a nonprofit set on transforming the lives of underprivileged women and their families.

The Women’s Foundation hosted its annual Legends Awards Tribute Luncheon on April 29 to honor women in Memphis leadership. Honey Scheidt received the Philanthropy and Leadership Award. Beverly Robertson, the recently retired president of the National Civil Rights Museum, received the Catalyst Award, and Linn Sitler, commissioner with the Memphis-Shelby County Film & Television Commission, was recognized with the Innovation Award.

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

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

65. Waddell & Associates Merges With International Network -

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

66. -

SPECIAL EDITION Securities & Investments
...

67. LMCB Social Does the Marketing Many Small-Business Owners Can’t -

Any business has a lot of variables, unique variables that those not in the industry could never fully grasp.

But time is finite for all. So when Lisa Creswell Busby started her own one-woman shop, LMCB Social, she did so with a certainty of understanding:

68. US Economy Struggles at Start of Election Year -

WASHINGTON (AP) – It was not a great start for the U.S. economy.

With consumers and businesses turning cautious, the U.S. struggled to grow in the first three months of a presidential election year that is shining the spotlight on the economy's fitful recovery.

69. UPS 1st-Quarter Profit Rises 10 Percent, Beating Forecasts -

DALLAS (AP) – United Parcel Service Inc. said Thursday that first-quarter profit rose 10 percent to $1.13 billion, helped by an increase in both ground shipments and next-day air deliveries in the United States.

70. Haslam in Memphis Friday on Way to Asia -

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

71. Roster Remix? Grizzlies May Finally Shake Things Up -

As amazing as it was that the Memphis Grizzlies set an NBA record by using 28 players this past season, it’s almost more unbelievable that they had to sign eight different players to 11 separate 10-day contracts.

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

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

73. GM Making Investments at Tennessee and Michigan Factories -

SPRING HILL, Tenn. (AP) – General Motors is investing $790 million at its plant in Tennessee and another $118 million in Michigan.

The company said Wednesday that it will create nearly 800 jobs at the Spring Hill Manufacturing Plant as part of the new high-efficiency engine program and other modernization initiatives.

74. Women's Foundation to Honor 3 Influential Memphians -

The Women’s Foundation for a Greater Memphis is entering its 21st year as a nonprofit set on transforming the lives of underprivileged women and their families.

This week, the Women’s Foundation will host its annual Legends Awards event to honor women in Memphis leadership. At the Annual Tribute Luncheon on April 29, Honey Scheidt will receive the Philanthropy and Leadership Award. Beverly Robertson, the recently retired president of the National Civil Rights Museum, will receive the Catalyst Award and Linn Sitler, commissioner with the Memphis-Shelby County Film & Television Commission, will be recognized with the Innovation Award.

75. Last Word: The Friendly Church on the Parkway and Paxton Lynch's Mom -

He came to Memphis in the late 1950s from Chicago as the first pastor of Monumental Baptist Church, the “friendly church on the parkway” in a city that was anything but friendly to the causes of Rev. Samuel Billy Kyles.

76. Chinese Company to Build $1 Billion Mill in South Arkansas -

LITTLE ROCK, Ark. (AP) – The Chinese company Sun Paper announced plans Tuesday for a $1 billion mill in southern Arkansas, the paper company's first facility in North America.

Joined by Sun Paper officials to announce the project at the state Capitol, Gov. Asa Hutchinson said the project will create 250 jobs and is one of the largest private investments in Arkansas' history. Company and state officials said they expected the project to employ 2,000 people during its construction and create an additional 1,000 jobs indirectly in the timber industry.

77. Ikea: 'Everything's on Track' for New Memphis Store -

A construction crew of nearly 500 is at work turning what is now a steel frame into Tennessee’s first Ikea store. This week, the crew began installing Ikea’s trademark cobalt-blue walls on the western edge of what will be a self-serve warehouse.

78. Commission Debates Full Bill for Police Body Cameras -

Most Shelby County commissioners expressing an opinion say they favor body cameras for Memphis Police.

But the opinions begin to differ significantly when comes to who pays for the back-office system to handle the recordings and how much the whole bill will be.

79. Legislature Votes to Reduce, Eventually Eliminate Hall Tax -

NASHVILLE, Tenn. (AP) — The Tennessee Legislature on Friday passed a measure that would reduce and eventually eliminate the Hall tax on investment income.

The Hall tax imposes a general levy of 6 percent on investment income, with some exceptions. Lawmakers agreed to reduce it down to 5 percent before eliminating it completely. They intend to pass future legislation reducing it by 1% each year before eliminating it completely by 2022.

80. CBHS Gets $1 Million Gift, Names Business Program -

Christian Brothers High School has announced its business program will be called the Bill and Carol Marr Department of Business and Economics. The program is named in honor of the $1 million gift from alumnus Bill Marr, CBHS Class of 1964.

81. Last Word: Prince, Violent Crime Numbers, and a Parkside Post Script -

Prince. It’s hard to think of a musician with a more complete knowledge of music as a social and cultural force and the ability to let that force inhabit his music and what he wanted to accomplish.
It is that knowledge and its use from obscurity to the pinnacle of fame and acclaim to his own journey for personal fulfillment that, to me, defines what has been lost.
Music mattered to Prince unlike it had ever mattered before. All of the influences analyzed and synthesized by someone born in rock and roll’s first wave pushed forward in a sound that combined rock and roll and rhythm and blues and funk with purpose and confidence.
It wasn’t a denial or downplaying of any of those music categories – all were present sonically and culturally. No juggling or quick changes.
That was his talent and it’s hard to think of anyone who has been as knowledgeable, intentional and successful -- commercially and artistically – in that combination.
Prince is remembered here for not only playing the city’s largest arenas but for his legendary after shows on Beale Street that brought an entertainment insider cachet the district has rarely seen since its early 1980s reopening.
His was an intensity and sense of purpose rarely seen and possessed in such a way in the 60 years since rock and roll started in this very city, kicked off by both Rocket 88 and That’s Alright Mama.
So why couldn’t the city’s rock radio stations do more than talk about Prince into commercial breaks after another Nickelback rock block and actually play some of his music to acknowledge such a huge genre crossing artist?
Not cool.

82. CBHS Receives $1 Million Gift, Names New Business Program -

Christian Brothers High School has announced its business program will be called the Bill and Carol Marr Department of Business and Economics. The program is named in honor of the $1 million gift from alumnus Bill Marr, CBHS Class of 1964.

83. Financial Planning Is More Than Just Asset Management -

Ray’s take: A common confusion when looking for someone to help you make decisions about your financial future is understanding the difference between asset management and financial planning.
The alphabet soup of designations in today’s market can be confusing regarding what, specifically; a particular professional can do for you.

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

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

85. Memphis’ Shrinking Population Cause for Concern -

Even as Memphis has grown larger through annexing surrounding communities, its population has steadily dwindled due to outmigration to the surrounding suburbs. Inner-city struggles will become more pronounced if this region’s wealthiest tax base continues that outward pattern, national experts say.

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

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

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

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

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

88. Lawmakers Scramble to Conclude Tennessee Legislative Session -

NASHVILLE, Tenn. (AP) – Tennessee lawmakers are scrambling to try to conclude their business for the year on Wednesday.

The House started the day with a lengthy list of bills pending, including efforts to cut the Hall tax on investment income, to overhaul sentencing for gang violence and increase penalties for texting while driving. The Senate also had a number of measures to consider, including one that would strip the University of Tennessee's Office of Diversity and Inclusion of state funding and use the money for minority scholarships. Pending bills also included a proposal that would strengthen penalties for authority figures who commit statutory rape and a tax credit for small business investors.

89. $12.6M Building Permit For New Ballet Memphis HQ -

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

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

90. Memphis' Startup Accelerators Teaming Up This Summer -

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

91. Faropoint Purchases Cordova Retail Center -

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

92. Events -

Creative Aging will host its 2016 Senior Fun Day on Thursday, April 21, from 1 p.m. to 3 p.m. at the Memphis Jewish Community Center, 6560 Poplar Ave. Enjoy refreshments, manicures and a variety of games. Tickets are $5 cash or check at the door. Visit creativeagingmidsouth.org.

93. Events -

Start Co. will offer small-business mentoring sessions Tuesday, April 19, from 2 p.m. to 6 p.m. at the Benjamin L. Hooks Central Library, 3030 Poplar Ave. This free program offers one-on-one counseling about starting or managing a small business. Visit memphislibrary.org for details.

94. Radical Team Dynamics for The Highly Productive -

Investing in people means the conventional and expected things. You can send high performers to leadership development, provide access and time for seminars and online learning. You can reward with money, praise and attention. Yet, three aspects of people investment tend to get overlooked, leaving the most driven and brightest unmotivated and rudderless, looking for the door.

95. Waddell & Associates Teams With International Network -

Focus Financial Partners, an international partnership of independent, fiduciary wealth management firms, has added Memphis-based investment firm Waddell & Associates Inc. to its network.

96. Fayette County Chosen for Property Evaluation Program -

Fayette County is getting help from state leaders to evaluate properties that could attract new business.

The Tennessee Department of Economic and Community Development announced Fayette is one of eight counties chosen to participate in the Select Tennessee Property Evaluation Program (PEP) Spring Round. The other counties selected are Humphreys, Lawrence, Maury, Scott, Unicoi, Van Buren and White.

97. Parkinson: OK to ‘Go A Little Bit Extreme’ to Get Job Done -

With U.S. Marine Corps training, Rep. Antonio Parkinson knows how to grab people’s attention.

He did that earlier this year when he sponsored legislation to kill the Achievement School District, Tennessee’s solution for turning around struggling schools.

98. A Look at the Numbers -

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

99. Legislators Playing Expensive Game With LGBT Issues -

The silly season is in full swing on Capitol Hill, but the “bathroom bill” and any jokes surrounding it are no laughing matter anymore. It’s getting downright expensive.

Tennessee Attorney General Herbert Slatery said this week the bill dealing with transgender student use of restrooms could cost the state more than $1.2 billion in federal funds for K-12 and higher education.

100. Facebook Shows New Ways to Chat, Stream Video -

SAN FRANCISCO (AP) – Facebook says people who use its Messenger chat service will soon be able to order flowers, shop for shoes and talk with a variety of businesses by sending them direct text messages.