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Editorial Results (free)

1. Couch-Smith Drives Tsunami Nuances Behind the Scenes -

Tsunami continues to reinvent itself as it approaches 20 years in business this year and is beginning 2018 with its strongest holiday season on the books.

Colleen Couch-Smith, wife of Tsunami chef Ben Smith, is instrumental to the success and world-class status of the restaurant, bringing an artistic eye, discerning palate and insightful management style to the table.

2. Earning Public Trust -

During long careers with both the U.S. Navy and Shelby County government, Harvey Kennedy is most proud of being able to maintain integrity, honesty and objectiveness, with a focus in the latter half of his career on getting the best return for the taxpayers of Shelby County.

3. Case, Vance Bringing 'Rise of the Rest' Startup Fund to Memphis This May -

The co-founder of America Online is coming to Memphis this May with his investment fund to hear pitches from local startup companies and award $100,000 in seed funding to one of them.

Steve Case, the chairman and CEO of the Washington, D.C.-based venture capital firm Revolution, and venture capitalist and author J.D. Vance are leading the second leg of the current Rise of the Rest bus tour. Rise of the Rest is also the name of the seed fund.

4. Tough Love -

For the Honorable Tim Dwyer, helping people who stumble get back on their feet and have a second chance is a trademark of his distinguished career. Dwyer is recipient of this year’s Bobby Dunavant Public Servant Awards for an elected official. He and the non-elected award winner, Shelby County Chief Administrative Officer Harvey Kennedy, will be honored at the 15th annual Dunavant Awards luncheon on Feb. 28 at the Holiday Inn-University of Memphis on Central Avenue.

5. Trump Says 'Up To' Congress to Act on Plan to Rebuild Roads -

WASHINGTON (AP) – President Donald Trump sent Congress a sweeping plan Monday to rebuild the nation's depleted roads and bridges – then immediately raised doubts about how committed he was to delivering on that campaign promise.

6. Even 'Safe' Bond Investments Falter as Markets Tumble -

NEW YORK (AP) – The stock market isn't the only thing dropping. Bonds, which are supposed to be the safe part of every investor's portfolio, have faltered, too.

In what's been a rude awakening for some investors, bond funds have lost ground these past couple of weeks, unlike in past downturns for stocks. What's different this time is that the same things undercutting stocks are hurting bond prices: worries about inflation and the possibility of much higher interest rates.

7. The Week Ahead: Feb. 12-18, 2018 -

Good morning, Memphis! The 50th anniversary of the historic sanitation workers’ strike is remembered this week, a Pulitzer Prize winning author visits to speak about innovation and we get to hear the first declaration of “Play Ball” this year by an umpire at FedExPark. Oh, and don’t forget the waffles.

8. Hotel Indigo, Trader Joe’s Move Ahead -

22 N B.B. King Blvd., Memphis, TN 38103: Atlanta-based Three P Partners has filed a $5 million building permit application with the Office of Construction Code Enforcement to construct a 118-room Hotel Indigo at the corner of North B.B. King Boulevard and Court Avenue.

9. The Metrics Mayor -

At times in the last two years, political supporters of Memphis Mayor Jim Strickland have been worried. They agree with what got him elected, his “brilliant at the basics” philosophy that makes basic services and fundamental play-it-safe financial strategies the priority at City Hall.

10. Dwyer, Kennedy to Receive Dunavant Awards -

The Honorable Judge Tim Dwyer and Shelby County Chief Administrative Officer Harvey Kennedy are the 2018 winners of the Bobby Dunavant Public Servant Awards.

11. DMC to Review Plans For New Downtown Mixed-Use Building, Midtown Apartments -

A local investment group is seeking a nine-year tax break from the Downtown Memphis Commission to construct a new mixed-use building where the Downtown Blue Monkey once stood at 529 S. Front St.

12. New Apartments Planned for Overton Square -

PMT Investments LLC, a newly formed business partnership between Aaron Petree, Cliff McLemore and Ed Thomas III, is seeking an 11-year tax abatement to construct a 16-unit apartment building on the periphery of Overton Square.

13. Last Word: MLGW Rate Hike, The May Ballot So Far and Old Dominick's Taxes -

The Tobacco Corner, a Poplar Corridor landmark, is closing in April. There was once a set of Tobacco Corners that look like the one at Poplar and Mendenhall and they included “newsrooms” – places to buy magazines, sometimes adult, and newspapers -- after buying tobacco. In almost 50 years, none of those product lines are what they once were. And the legacy of a homegrown business is disapperaring, too. 

14. US Economy Still Fundamentally Strong Despite Falling Stocks -

WASHINGTON (AP) – A wave of fear about inflation and higher interest rates has sent stock prices tumbling and raised concerns about corporate profits. Yet the rush of anxiety has obscured a fundamental fact about the U.S. economy: It's healthy.

15. UPS Posts $1.1 Billion Profit for Q4 on High Online Shopping -

DALLAS (AP) – UPS was caught off-guard by the crush of online shopping leading up to Christmas and plans to spend a chunk of its tax-cut savings to invest in its package-delivery network.

16. CDC Director Resigns Over Financial Conflicts of Interest -

NEW YORK (AP) – The director of the Centers for Disease Control and Prevention resigned Wednesday over financial conflicts of interest involving her investments in health care businesses.

17. Target Fulfillment Center Closing, Vendor Laying Off 486 Memphis Workers -

A Target fulfillment center in southeast Memphis is closing in April, resulting in 486 layoffs.

Radial, a third-party logistics firm that manages the distribution center for Target Corp., has filed notice with the Tennessee Department of Labor and Workforce Development that the permanent layoffs at its 5461 Davidson Road facility will start April 7 and continue through April 30.

18. Pfizer, Riding Tax Changes, Puts Up Huge Q4 Profit -

Pfizer's fourth-quarter profit soared to $12.27 billion thanks to a huge tax benefit related to the U.S. tax system overhaul.

The biggest U.S. drugmaker on Tuesday reported an $11.34 billion benefit, mainly from recalculating deferred tax liabilities. Pfizer also said it will take a charge of approximately $15 billion, payable to the Treasury over eight years, to cover taxes on up to $24.2 billion in cash and investments held overseas that it plans to bring back to the U.S.

19. Dunavant Set Gold Standard As Public Servant -

For the late Bobby Dunavant, who worked as Shelby County Probate Court Clerk for 40 years from 1954 to 1994, qualities like being honest, accessible, generous, empathetic and highly attentive to detail made him beloved by friends and colleagues throughout his life.

20. Target Fulfillment Center Closing, Vendor Laying Off 486 Memphis Workers -

A Target fulfillment center in southeast Memphis is closing in April, resulting in 486 layoffs.

Radial, a third-party logistics firm that manages the distribution center for Target Corp., has filed notice with the Tennessee Department of Labor and Workforce Development that the permanent layoffs at its 5461 Davidson Road facility will start April 7 and continue through April 30. 

21. Building Memphis From the Core -

When I delivered this year’s State of the City speech to the Kiwanis Club of Memphis at its meeting at the University Club, long planted at the corner of Lamar and Central, it would’ve been easy to think that the ground on which we stood had been part of Memphis from its very start.

22. FedEx to Invest $3.2B in Wages, Pension Fund, Hub Investments -

FedEx Corp. has announced it will invest $3.2 billion to enact three new programs in the wake of the U.S. Tax Cuts and Jobs Act, the first being to increase employee compensation by more than $200 million, about two-thirds of which will go to hourly employees.

23. Dunavant Awards Will Feature Hardy As Keynote -

As a lifelong Memphian and successful entrepreneur, Carolyn Hardy is all about finding new ways to grow the city.

24. JPMorgan Raising Wages, Hiring, Opening More Branches -

NEW YORK (AP) – JPMorgan announced Tuesday that it will boost wages, open new branches and hire thousands of new workers, citing improved economic performance and sweeping changes to the U.S. tax code.

25. Apple to Build 2nd Campus, Hire 20,000 in $350B Pledge -

SAN FRANCISCO (AP) – Apple is planning to build another corporate campus and hire 20,000 workers during the next five years as part of a $350 billion commitment to the U.S. that will be partially financed by an upcoming windfall from the country's new tax law.

26. New Small Cars Unveiled at Auto Show, But Will Anyone Buy? -

DETROIT (AP) – Among the many shiny models vying for attention at Detroit's North American International Auto Show are the revamped Volkswagen Jetta, Hyundai Veloster and Kia Forte.

But cars – particularly small ones – are having a tough time getting buyers to look their way as SUVs grow in popularity.

27. Nomination Deadline For Dunavant Awards Feb. 1 -

Memphis is lucky to have an abundance of residents with a passion for public service and it is time once again to honor their commitment to improving this community.

Each year the Rotary Club of Memphis East recognizes the importance of public service by hosting the Dunavant Public Servant Awards.

28. Q&A: What Facebook's Shift Could Mean to Users, Businesses -

NEW YORK (AP) – In coming days, Facebook users will see fewer posts from publishers, businesses and celebs they follow. Instead, Facebook wants people to see more stuff from friends, family and other people they are likely to have "meaningful" conversations with – something the company laments has been lost in the sea of videos, news stories (real and fake), and viral quizzes on which "Big Bang Theory" character you are.

29. Fed's Memphis Branch Makes Board Appointments -

The Federal Reserve Bank of St. Louis has announced a set of changes to its Memphis Branch board of directors, effective Jan. 1.

30. St. Louis Fed Memphis Branch Makes Board Appointments -

The Federal Reserve Bank of St. Louis has announced a set of changes to its Memphis Branch board of directors, effective Jan. 1.

31. Dunavant Awards Spotlight Public Servants -

Being a public servant often is thankless job, but each year the Rotary Club of Memphis East recognizes the importance of public service to the community by hosting the Dunavant Public Servant Awards.

32. Companies Boost Wages and More Post-Tax Reform -

Dozens of companies, many with ties to Memphis, have pledged a series of actions that include one-time employee bonuses, charitable spending and 401(k) contribution increases, among other steps, in response to savings they expect to see from recently enacted Republican tax cuts.

33. SunTrust Taking Actions In Wake of Tax Reform Bill -

SunTrust Banks Inc. has announced a set of actions it’s taking in the wake of the recently passed tax reform bill that include increasing its minimum wage and making grants to communities.

34. Start Co. Seeks Applications For Accelerator Program -

Start Co. has opened the application period for its 2018 startup accelerator program.

Founders with tech-driven business ideas are encouraged to apply to the program, which will run from May 7 to Aug. 16. Selected teams will get $25,000 in funding as well as consideration for Global Accelerator Network investment.

35. Memphis Experts See Economic Growth Building Off 2017 Into 2018 -

With resolutions made and the new year now, another annual exercise rises to the forefront – predictions on what Memphis and its economy can expect in 2018.

If 2017 taught us anything, it’s that there’s so much we won’t be able to even remotely see coming, from Memphis bidding to become the potential home for Amazon’s second headquarters to action finally being taken on the Confederate monuments in city parks and so much more.

36. Applications Open For Start Co.’s 2018 Accelerator -

Start Co. has opened the application period for its 2018 startup accelerator program, which runs from May 7 to Aug. 16.

37. A New View -

People tend to rely on the new year mark as a time to make resolutions and look ahead. But it also provides a chance to reflect upon and recognize how much we and our environment have changed in just a short year.

38. Moore Named Executive Director of Explore Bike Share -

Trey Moore has been named executive director of Explore Bike Share, the Memphis nonprofit that is preparing to launch a local bike-share system with 600 bicycles and 60 stations. Moore, who is returning to Memphis from Atlanta, Georgia, will lead Explore Bike Share’s staff in operations, fund development and community engagement activities in partnership with the organization’s board of directors.
As executive director, he also is committed to bicycling as a sustainable transportation option with access to as many Memphians as possible, and will help promote a bike-friendly culture in Memphis while encouraging exercise and healthy lifestyles.

39. Wrong Mutual Fund Can Rob Years of Retirement Income -

You may not know it, but there's a class system inside your investment portfolio.

At least there is if you own mutual funds, as nearly 55 million households do. Mutual funds are frequently divided into share classes, which essentially means different fee levels. The same fund – with the same manager, investment holdings and performance – may come at a significantly different cost, depending on the share class you're in.

40. Boyd Reports Earning $42.4M With Release of 2015, 2016 Tax Returns -

Republican contender for governor Randy Boyd has released federal and state income tax returns for 2015 and 2016 that show he and his wife earned $42.4 million from business investments across both years.

41. SunTrust Announces Actions In Wake of Tax Reform Bill -

SunTrust Banks Inc. has announced a set of actions it’s taking in the wake of the recently passed tax reform bill that include increasing its minimum wage and making grants to communities.

42. Powers of Attorney: A Big Part of the Plan -

Ray’s Take: There are multiple moving parts to a good estate plan and various powers of attorney are an important element. Power of attorney basically gives someone else the right to act on your behalf; there are two types of powers of attorney.

43. Downtown Hotel Revival; Two Companies Look to Expand in Southwest Memphis -

5050 E. Holmes Road
Memphis, TN 38118

Project Cost: $720,000

Application Date: Dec. 20, 2017

44. St. Louis Cardinals Get Safety Act Protection -

The St. Louis Cardinals have received federal certification giving the organization legal protections in the event of a terrorist attack at Busch Stadium.

Democratic Sen. Claire McCaskill announced Tuesday, Dec. 19, that the U.S. Department of Homeland Security certified the Cardinals under the Support Anti-Terrorism by Fostering Effective Technologies Act, known as the Safety Act. A DHS spokesman said the certification was approved Dec. 11.

45. Technicolor, Agilent Approved for Tax Incentives -

The Economic Development Growth Engine for Memphis and Shelby County approved a pair of tax abatements Wednesday, Dec. 20, that have the potential to affect more than 1,000 jobs in the county.

The payment-in-lieu-of-taxes agreement for California-based life sciences, diagnostics and applied chemical company Agilent Technologies would create 117 new jobs, while one for a division of multimedia production and distribution giant Technicolor would retain anywhere from 158 to 916 jobs.

46. DHS OKs St. Louis Cardinals’ Safety Act Proposal -

The St. Louis Cardinals have received federal certification giving the organization legal protections in the event of a terrorist attack at Busch Stadium.

Democratic Sen. Claire McCaskill announced Tuesday, Dec. 19, that the U.S. Department of Homeland Security certified the Cardinals under the Support Anti-Terrorism by Fostering Effective Technologies Act, known as the Safety Act. A DHS spokesman said the certification was approved Dec. 11.

47. FedEx Forecasts Record Holiday Deliveries -

It wasn’t just solid news for FedEx’s fiscal second quarter that ended Nov. 30, during which the package delivery company grew earnings 11 percent to $775 million, or $2.84 a share. That’s up from $700 million, or $2.59 per share during the year-ago period.

48. Last Word: Extradition Delay, Last Council Day of 2017 and The Skeleton Hotel -

When Sherra Wright made her first court appearance Monday in Riverside, California she was in a wheelchair. And her public defender there wants to delay an extradition hearing on the conspiracy, first degree murder and attempted first degree murder charges she faces in Memphis until a doctor can examine here. The hearing is reset for Wednesday.

49. Arts Transforming Neighborhoods -

What does an artist look like? What about a businessperson? Do they look the same? What are they doing? How do they dress? Where do they live? Here are two more questions. Which is the introvert? Which can assess the environment and create impactful solutions?

50. Disney-Fox Deal May Create a New Nerdy Nirvana -

MENLO PARK, California (AP) – The coming union of the Disney and Fox media empires is set to create a new nirvana for fanboys and -girls, one that reunites superheroes and sci-fi characters long separated by an energy barrier of corporate legalism.

51. Houston Levee Center Sells for $2.3 Million -

A 16,320-square-foot retail center in northeast Shelby County has sold for $2.3 million.

Mahmoud Faedah Jaber of Eads bought the Class B power strip at 2821 Houston Levee Road from Houston Levee Investments LLC, according to a Dec. 1 warranty deed.

52. Houston Levee Retail Center Sells for $2.3 Million -

A 16,320-square-foot retail center in northeast Shelby County has sold for $2.3 million.

Mahmoud Faedah Jaber of Eads bought the Class B power strip at 2821 Houston Levee Road from Houston Levee Investments LLC, according to a Dec. 1 warranty deed.

53. What’s Under The Tree For Your Nonprofit? -

Christmas is soon to be celebrated. We rejoice in the birth of Christ and enjoy time with family and friends. We give gifts, prepare food, travel, write cards and attend parties. We hug our loved ones, phone those who are far away and miss those who have departed.

54. Out-of-Town Investors Buy Gibson Guitar Factory -

145 Lt. George W. Lee Ave., Memphis, TN 38103: Investment firms in New York and Miami have purchased the Gibson Guitar Factory property in Downtown Memphis and an additional warehouse Gibson Brands Inc. owns in Nashville.

55. Bredesen Joins Senate Race To Succeed Bob Corker -

Former Gov. Phil Bredesen, the last Democrat to win a statewide election in Tennessee, touted his problem-fixing credentials on Thursday, Dec. 7, in announcing his bid to succeed Republican Bob Corker in the U.S. Senate.

56. Piece by Piece: Construction Projects Flourishing Throughout Mid-South -

With $11 billion spread out among more than 300 active projects in the Memphis area, according to data from brokerage firm Cushman & Wakefield/Commercial Advisors, it’s safe to say business in the region is good.

57. Bredesen Joins Senate Race To Succeed Bob Corker -

Former Gov. Phil Bredesen, the last Democrat to win a statewide election in Tennessee, touted his problem-fixing credentials on Thursday, Dec. 7, in announcing his bid to succeed Republican Bob Corker in the U.S. Senate.

58. Avoid 401(k) Loans -

Ray’s Take Many employers offer 401(k) plans that grant participants the option to take out a loan. And when times are tough – or maybe you really, really want to renovate your kitchen – it’s tempting to withdraw money from your 401(k) for a loan.

59. Lesley Brown Steers Local Education to True North -

Try not to smile when you hear Lesley Brown use the word “kiddos.” I dare you. Try not to feel an immediate rush of care for the children she’s dedicating her career to advancing and engaging.

60. Bredesen Joins Race for Corker's Senate Seat -

NASHVILLE, Tenn. (AP) – Former Gov. Phil Bredesen, the last Democrat to win a statewide election in Tennessee, touted his problem-fixing credentials on Thursday, Dec. 7, in announcing his bid to succeed Republican Bob Corker in the U.S. Senate.

61. Bredesen Joins Race to Succeed Sen. Corker in Tennessee -

NASHVILLE, Tenn. (AP) – Former Gov. Phil Bredesen, the last Democrat to win a statewide election in Tennessee, touted his problem-fixing credentials on Thursday, Dec. 7, in announcing his bid to succeed Republican Bob Corker in the U.S. Senate.

62. Investment Group Buys Collierville Hotel -

Wright Investments has purchased the Hampton Inn at 1280 W. Poplar Ave. in Collierville for $6.5 million, according to a Dec.1 warranty deed.

63. Healthy Employees Key to a Healthy Business -

Ask me how healthy a business is and my answer will usually be: “About as healthy as its team members.”

Salaries and benefits are, by far, the greatest costs for most companies, so protecting these investments is key to the success of any organization.

64. Postal Regulators Move to Let Stamp Prices Jump Higher -

WASHINGTON (AP) – Seeking to bolster the ailing U.S. Postal Service, federal regulators moved on Friday to allow bigger jumps to stamp prices beyond the rate of inflation, a move that could eventually add millions more dollars to companies' shipping rates from prescription drugs to magazine subscriptions.

65. Will Pre-K Put the City of Memphis Back in the Education Business? -

For the first time since the city of Memphis ceased funding schools after the historic merger of city and county districts, it’s looking to get back into education – by putting dollars into pre-K classrooms.

66. TAG Truck Center Prepares to Open On Former Mall of Memphis Site -

Just a few weeks before Tommy Earl’s and Gary Dodson’s new $30 million TAG Truck Center is to open at the old Mall of Memphis site on the 4400 block of American Way, Earl allows himself a moment of nostalgia.

67. Meat-Loving Arby's to Buy Buffalo Wild Wings for $2.4B -

NEW YORK (AP) – Arby's said Tuesday that it is buying Buffalo Wild Wings for about $2.4 billion, making it the latest casual restaurant chain to be taken private.

Buffalo Wild Wings, which serves chicken wings in a sports bar-like atmosphere, has reported falling sales as it and other casual restaurants lose customers to cheaper and faster chains. In the most recent quarter, it reported a 2.3 percent sales drop at its established restaurants.

68. Ice Cream That’s 'Out of This World’ -

When Karin and Steve Cubbage opened Area 51, an artisan ice cream shop in Hernando, Mississippi, in the summer of 2014 they had no idea where it would take them.

Less than four years later, they’ve opened a second location in the Crosstown Concourse in Memphis and are expanding to a larger off-site kitchen in Hernando to provide product to both stores and possibly more wholesale accounts.

69. It's Tax Time for Fund Investors, Even Those Doing Nothing -

NEW YORK (AP) – The end of the year can mean tax headaches for some mutual-fund investors, this year potentially more so than others.

Companies have started to warn investors of distributions they'll make by the end of December. For anyone with a fund outside a tax-advantaged account, these payments can trigger a tax bill, even if they never sold any shares themselves.

70. Apocalypse Not -

Much has been said about the so-called “Retail Apocalypse,” a frightening term that conjures images of a desolate landscape littered with boarded-up malls and shopping centers representing the death of American capitalism. 

71. FCC Chairman Sets Out to Repeal 'Net Neutrality' Rules -

WASHINGTON (AP) – Federal Communications Commission Chairman Ajit Pai on Tuesday followed through on his pledge to repeal 2015 regulations designed to ensure that internet service providers treat all online content and apps equally, setting up a showdown with consumer groups and internet companies who fear the move will stifle competition and innovation.

72. Chamber Chairman’s Circle Expands Leadership -

As the Greater Memphis Chamber’s Chairman’s Circle continues to grow, its founding members have decided to restructure its leadership.

Original co-chairs Gary Shorb, Richard Smith, Calvin Anderson, Carolyn Hardy, Spence Wilson Jr., Duncan Williams, Leigh Shockey and Jason Hood voted to install a new leadership structure that will include addition of a chairman, vice chairman and new co-chairs.

73. FedEx Exec Richard Smith Named Chairman of Memphis Chamber -

Richard W. Smith, president and CEO of FedEx Trade Networks and son of FedEx founder Fred Smith, is the new chairman of the board of the Greater Memphis Chamber.

74. Smith New Chairman of Greater Memphis Chamber -

Richard W. Smith, president and CEO of FedEx Trade Networks and son of FedEx founder Fred Smith, is the new chairman of the board of the Greater Memphis Chamber.

75. Walmart Sees Strong Online Sales Lift Third-Quarter Results -

NEW YORK (AP) – A surging online business and strong food sales boosted Walmart's results Thursday ahead of the holiday season, a day after its rival Target offered a cautious forecast that overshadowed progress it has made in bringing more customers to its stores.

76. Chamber Chairman’s Circle Expands Leadership -

As the Greater Memphis Chamber’s Chairman’s Circle continues to grow, its founding members have decided to restructure its leadership.

Original co-chairs Gary Shorb, Richard Smith, Calvin Anderson, Carolyn Hardy, Spence Wilson Jr., Duncan Williams, Leigh Shockey and Jason Hood voted to install a new leadership structure that will include addition of a chairman, vice chairman and new co-chairs.

77. TruGreen Honored With Environmental Award -

TruGreen has received an Environmental Stewardship Award from the National Association of Landscape Professionals (NALP).

78. Guidingpoint’s Douglas Discusses Pros, Cons of Short-Term Investing -

When folks talk about investing, they are usually referring to something for the long term: saving for retirement, stashing away money for a newborn’s college fund, that sort of thing.

But what about those who are investing for the short term, perhaps a young couple that wants to make a down payment on a house in three years?

79. TruGreen Wins Landscapers’ Environmental Award -

TruGreen has received an Environmental Stewardship Award from the National Association of Landscape Professionals (NALP).

80. Making Best Better -

More than a decade ago, Carolyn Hardy was a vice president with the Coors Brewing Co. in Memphis when she attended the Leadership Development Intensive (LDI), a personal leadership training ground stretched across 3 1/2 days.

81. Memphis Flexes Its Strengths In Improving Real Estate Market -

The evolution of e-commerce and its transformative effects on the real estate market are not just limited to the retail sector, and while many trends and topics were discussed at The Daily News’ annual Commercial Real Estate Review & Forecast Seminar on Nov. 2, this was one of the overarching themes.

82. Iconic E. Memphis Office Building Sells for $19.7M -

Nashville-based Magnolia Capital Investments has purchased the Trustmark Centre located at 5350 Poplar Ave. from Israeli investors, Faropoint Ventures. Faropoint intends to reinvest proceeds from the sale to buy other Memphis properties.

83. Trustmark Centre Sells for Nearly $20M -

An iconic East Memphis office building has switched hands for $19.7 million.

Nashville-based Magnolia Capital Investments has purchased the Trustmark Centre located at 5350 Poplar Ave. from Israeli investment group Faropoint Investments.

84. Trustmark Centre Sells for Nearly $20M -

An iconic East Memphis office building has switched hands for $19.7 million.

In the deal, Nashville-based Magnolia Capital Investments purchased the Trustmark Centre located at 5350 Poplar Ave. from Israeli investors, Farpoint Investments.

85. Protecting Wealth -

Gena Wolbrecht, who heads up the newly launched investment program at BankTennessee, encourages potential clients to make some of the same considerations they do when they turn to other non-financial specialists like a doctor.

86. Mud Island Garage Ruled Out As Convention Center Hotel Site -

The city of Memphis continues to field proposals for a second convention center hotel Downtown, but it won’t be on the city-owned site of the Mud Island parking garage, which had been at the center of at least one proposal pitched to City Hall for such a hotel in the last year.

87. BankTennessee Launches New Investment Division -

Collierville-based BankTennessee has launched an investment and wealth services division.

The bank has also tapped Gena Wolbrecht, a former Financial Industry Regulatory Authority (FINRA) arbitrator, to lead the division, which is called BTN Wealth Services, as program manager.

88. Clicking on All Cylinders -

Memphis is a city on the precipice of change as projects that were once deemed impossible – like ServiceMaster’s Downtown headquarters or Crosstown Concourse – have emboldened developers and city officials to shoot for the moon.

89. UPS Predicts Record Holiday Deliveries, Defends Price Hike -

DALLAS (AP) — UPS expects another record holiday season, with deliveries up 5 percent over last year, as online shopping continues to grow.

The company said Thursday that it expects to deliver more than 750 million packages between Thanksgiving and Dec. 31. It expects to haul at least 30 million packages on 17 of the last 21 delivery days before Christmas.

90. Last Word: Corker's Quest, Overton Park Transition and The Two Amazons -

The basic political differences between President Donald Trump and U.S. Senator Bob Corker of Tennessee returned to the top of the news cycle Tuesday with an extraordinary airing by the two leaders that went beyond Twitter, at least for Corker. Here is the basic account from Associated Press of what was a story that unfolded over the course of a work day in the Beltway. It was a day that included Trump going to Capitol Hill for a meeting with Republican Senators, including Corker.

91. U of M School of Nursing Honored for Diversity -

The University of Memphis Loewenberg College of Nursing is one of 24 health professions schools to receive the 2017 Health Professions Higher Education Excellence in Diversity (HEED) Award from INSIGHT Into Diversity magazine.

92. Fogelman Properties Adds Day As Senior VP of Investments -

Matthew Day has joined Fogelman Properties as senior vice president of investments. Day comes to the Memphis-based multifamily real estate services company with 15 years of investment experience and will spearhead its investment platform across the Southeast, Southwest and Midwest regions.

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

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

94. Amazon, Pfizer Approved for Tax Incentives -

Amazon was awarded a 15-year payment-in-lieu-of-taxes incentive by the Economic Development Growth Engine for Memphis and Shelby County at its Wednesday, Oct. 18, meeting, despite the online retailer’s proposed distribution center spurring a larger debate about the types of jobs the city should incentivize in the future.

95. Site of Amazon's HQ2 Has Much to Learn From Seattle -

SEATTLE (AP) – Memo to the many places vying for Amazon's second headquarters: It ain't all food trucks and free bananas.

For years, much of downtown Seattle has been a maze of broken streets and caution-taped sidewalks. Dozens of enormous cranes tower overhead as double-length dump trucks hauling excavated dirt rumble past pedestrians and bicyclists. The crashing and clanging of construction is the city's soundtrack on a perpetual loop.

96. Ring Partners With Conagra On PAM Spray Bottles -

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

97. Here Comes Earnings Season: Brace for a Slowdown in Growth -

NEW YORK (AP) – Earnings reporting season is getting underway, and Wall Street is getting ready to be underwhelmed.

Profit growth likely slowed sharply in the summer for U.S. companies after hurricanes and other natural disasters caused big damage. Analysts are forecasting weaker earnings for several areas of the market from a year ago, a sharp turnaround from earlier this year, when earnings were soaring by more than 10 percent and helping to drive the stock market to record heights.

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

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

99. New Apartments, Offices Headed for Cooper-Young -

Two new development projects will get underway later this year along Cooper Street in Midtown, following their approval for 11-year PILOTs on Tuesday, Oct. 10.

Both projects received the payment-in-lieu-of-taxes incentives by the Downtown Memphis Commission’s Center City Revenue Finance Corp. board.

100. Ring Partners With Conagra on PAM Spray Bottles -

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