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Editorial Results (free)

1. Community Rx -

As one of the city’s premier medical institutions, Le Bonheur Children’s Hospital stays as busy as you might expect for an organization that tries to operate on the leading edge of pediatric care.

2. Buffett's Company Lends $1.5B to Home Capital, Invests $300M -

OMAHA, Neb. (AP) — Warren Buffett's company is lending $1.5 billion to Home Capital and spending roughly $300 million to purchase nearly 40 percent of the troubled Canadian lender's stock.

3. Saudi King Names Son Heir as New Generation Encircles Throne -

RIYADH, Saudi Arabia (AP) — Saudi Arabia's King Salman appointed his 31-year-old son Mohammed bin Salman as crown prince on Wednesday, placing him first-in-line to the throne and laying the groundwork for an entirely new generation of royals to take the reins.

4. Kresge Foundation Awards $1.3 Million in Grants -

The Kresge Foundation has announced that 10 local organizations will receive a total of $1.3 million in grant support to boost opportunity for Memphis residents.

The grants range in size from $25,000 to $150,000 per year and are expected to provide support over 12-24 months.

5. Kresge Foundation Awards $1.3 Million in Grants -

The Kresge Foundation has announced that 10 local organizations will receive a total of $1.3 million in grant support to boost opportunity for Memphis residents.

The grants range in size from $25,000 to $150,000 per year and are expected to provide support over 12-24 months.

6. Facilities, Football Fever Growing At the University of Memphis -

Somewhere, in a long-ago Division I sports galaxy far away, an athletic director could catch his breath after his college baseball team made its last out and before his football team started practice. Not so much now.

7. Medicaid Cuts Could Hit Rural Children Hardest -

As Congress fiddles with an Obamacare replacement, one likely to cut billions in Medicaid spending, health care experts warn a decrease in funding could be hard on Tennessee.

During a recent forum in Jackson, Andy Schneider of the Georgetown Center on Children and Families reported that 50 percent of Tennessee’s children in small towns and rural areas are covered by Medicaid, a higher percentage than the rest of the nation, and more than in Tennessee’s urban areas where 39 percent have Medicaid.

8. Hernando Ice Cream Parlor Preparing Crosstown Location -

1350 Concourse Ave.

Memphis, TN 38104

Permit Amount: $80,000

Application Date: June 2017

9. EDGE Approves Pair Of ICED Loans -

Two Memphis businesses are set to receive Inner City Economic Development loans to improve their facilities.

The Economic Development Growth Engine finance committee voted Wednesday, June 7, to award a $20,000 loan to HopeWorks, located at 3337 Summer Ave. in Highland Heights, and a $19,000 loan to Orca Printing, located at 1808 September Ave. in Southeast Memphis.

10. EDGE Approves Pair of Inner City Development Loans -

Two Memphis businesses are set to receive Inner City Economic Development loans to improve their facilities.

The Economic Development Growth Engine finance committee voted Wednesday, June 7, to award a $20,000 loan to HopeWorks, located at 3337 Summer Ave. in Highland Heights, and a $19,000 loan to Orca Printing, located at 1808 September Ave. in Southeast Memphis. The forgivable ICED loans will help offset the costs of physical improvements to their locations.

11. Memphis Hustle Just the Job for Glynn Cyprien -

We can debate whether the Memphis Hustle is a good name or a bad name for the Grizzlies’ minor-league affiliate that will play in Southaven this season.

Not up for debate is that Memphis Hustle is a really good description of the job that belongs to Glynn Cyprien, the team’s head coach.

12. Nordstrom Family Considering Buyout of Department Store -

NEW YORK (AP) – Members of the Nordstrom family including co-presidents Blake, Peter and Erik Nordstrom are considering making an offer to buy out the 70 percent of the department store's stock they don't already own.

13. 2 Businesses Seek Inner City Loans From EDGE to Grow -

Two local businesses that are looking to grow their footprint in traditionally underserved areas of Memphis are seeking forgivable loans for building improvements from the Economic Development Growth Engine for Memphis and Shelby County.

14. Last Word: The Jazz Cornerstone, Council Day and 100 Items at Brooks -

In Elmwood Cemetery Tuesday morning, a wreath laying ceremony at the grave of Jimmie Lunceford, the Memphis jazz giant who formed and taught the Manassas High School band known as the Chickasaw Syncopators who went professional in the jazz age of the 1920s and played The Cotton Club during the Harlem renaissance. Lunceford was the cornerstone of Memphis jazz and Manassas was its bedrock. And the story of his high school students going professional is but an early chapter in a much longer narrative of gifted musicians and artists at times literally walking out of a graduation ceremony and onto a tour bus.

15. Walmart Touts Investment in People, Technology as Advantages -

FAYETTEVILLE, Ark. (AP) – Walmart CEO Doug McMillon touted the company's investments in people and technology, but also said the company may have reached an employment peak and urged employees not to be afraid of automation.

16. Memphis Banks Build Brand Awareness Via Marketing, Community Investments -

As a complement to traditional advertising, one way banks like Regions Bank, First Tennessee Bank and Pinnacle Financial Partners promote their brands in the local community is by spreading money around to everything from charitable causes to putting their name and logos on buildings and events.

17. Winds of Change -

Humans have been harnessing the power of the wind since the first Egyptians began to use sails to move their boats along the Nile. More than 7,000 years later, wind power capacity in the U.S. alone has surpassed 82 gigawatts, or enough energy to power 20 million homes, making it the largest renewable generation capacity in the country.

18. AutoZone Downgraded After Disappointing Q3 -

Analysts downgraded shares of auto parts retail giant AutoZone on Tuesday, May 23, after the company reported a second straight quarter of weaker earnings and sales for its fiscal third quarter.

Raymond James Financial Inc. lowered its rating on AutoZone’s stock from “strong buy” – which it attached to AutoZone back in September 2007 – to “market perform.”

19. JPMorgan Chase Pumps $17M Into Summer Job Programs -

BOSTON (AP) – JPMorgan Chase has announced a five-year, $17 million investment in a summer job program to give youth the skills needed to succeed in the modern business world.

The first phase of the Summer Youth Employment Program announced Monday includes $3 million to organizations in 19 U.S. cities that provide training and work experience to the young.

20. Trucking Companies Say Additional Fuel Costs Worth It for Improved Infrastructure -

Donnie Caldwell figures that the increase in the state gas tax that will begin this summer will cost his company more than $315,000 a year.

21. CEO: Wunderlich Acquisition ‘A Good Thing for Memphis’ -

In providing context for his firm’s pending acquisition by a Los Angeles-based financial services firm, Wunderlich Securities Inc. CEO Gary Wunderlich explained that “there’s been a ton of consolidation in our industry,” and that “size and scale matter.”

22. Memphis Retail Brokers Preparing for Largest Event of the Year in Vegas -

This week more than 37,000 retail real estate professionals from 58 countries will gather in Las Vegas for the International Council of Shopping Centers’ annual RECon convention.

At the event, which will run May 21-24, there will be no shortage of representatives from the Bluff City who run the gamut from brokers, developers and landlords looking to attract the next big restaurant, hotel or store, to Memphis-based companies like AutoZone and FedEx Office looking to grow their global footprint.

23. Many Women Think Men are the Better Investors; They're Not -

NEW YORK (AP) – Many men and women think men are the better investors. They're wrong.

After checking how 8 million of its customers did during 2016, Fidelity Investments found that women did better than men by an average of 0.4 percentage points.

24. Uncertain Times -

Ray’s Take We live in uncertain times. There are no guarantees; there is only planning and adapting. A sound financial plan is a great hedge against uncertain times, and the inability to predict future tax rates or the direction of the stock market should not be a deterrent to having a good financial plan.

25. Innova Turns Focus Toward Agriculture Technology -

By 2050, National Geographic Magazine recently warned readers, the world will somehow have to be able to feed 2 billion more people than it does now.

Innovations in agriculture and farming technology are one way of addressing that looming challenge. Which helps explain why now felt like the right time for Memphis-based venture capital firm Innova Memphis to continue expanding the focus of its investment funds into new industry sectors like ag tech.

26. EDGE Approves Trio of Tax Incentives -

The Economic Development Growth Engine board has granted tax incentives for a pair of Presidents Island manufacturing operations and a South Memphis health care company that together will result in the creation of 126 jobs and capital investments topping $140 million.

27. NouriTech, Cargill Awarded Tax Incentives for Memphis Facilities -

Two President’s Island manufacturing operations, NouriTech’s new gas fermentation facility and Cargill’s corn mill, were awarded a pair of PILOTs from the Economic Development Growth Engine for Memphis and Shelby County.

28. Winning and Losing Legislation in Tennessee in 2017 -

NASHVILLE, Tenn. (AP) – Here is a look and some of the winning and losing bills of the 2017 session of the Tennessee General Assembly:

WINNERS

ABORTION BAN-20 WEEKS: Enforces a 20-week abortion ban if the fetus is deemed viable. HB1189

29. Innova, AgLaunch Partner On New Innovation Fund -

The venture capital firm Innova Memphis will include the venture development organization and accelerator AgLaunch in a new $31 million agriculture innovation fund.

The fund, which is Innova’s fourth since it was founded 10 years ago by Memphis Bioworks, is certified and licensed by the USDA’s Rural Business Investment Program as a rural business investment company.

30. AT&T Invested $225M in Memphis Over Past 3 Years -

AT&T reports it spent more than $225 million on its Memphis wireless and wired networks between 2014 and 2016.

Those investments, the company says, “enhance reliability, coverage, speed and overall performance for residents and businesses,” among other benefits. The company says it’s also speeding its wired and wireless buildout plans in Tennessee, allocating “hundreds of millions of dollars” to improve its network, paving the path for 5G mobile services in the coming years.

31. Postal Service, Citing Losses, Seeks Higher Stamp Prices -

WASHINGTON (AP) – The U.S. Postal Service is hoping it can soon raise stamp prices by a penny or more.

The postal service on Wednesday reported a quarterly loss of $562 million, despite growth in package delivery, due to continued erosion in the use of first-class mail as well as expensive mandates for its retiree health care obligations. It also attributed losses to a forced reduction in stamp prices last year.

32. Tennessee Senate Approves $37B Budget -

The state Senate approved a $37 billion budget Monday complete with the governor’s IMPROVE Act package of fuel tax increases and tax reductions.

Senators passed the measure 28-2 and sent it to the governor despite opposition led by Democratic Sen. Lee Harris of Memphis, who argued the body would be breaking the Copeland cap, a law prohibiting the spending of revenue that exceeds the state economy’s growth rate.

33. Buffett Criticizes United and Its CEO Over Dragging Incident -

NEW YORK (AP) – Warren Buffett said Monday that United Airlines bungled the case of the passenger dragged off a plane last month, and he is criticizing the CEO's handling of the incident.

34. Punching In Past 65: Older-Worker Rate Highest Since 1962 -

NEW YORK (AP) – Retire by your mid-60s? How 1960s.

More Americans age 65 and over are still punching the clock, and the last time the percentage was this high was when John F. Kennedy was in the White House.

35. Jernigan Capital Has Solid Q1, More Growth Expected -

Memphis-based Jernigan Capital Inc. is enjoying a strong start to 2017.

The company – a capital partner for self-storage entrepreneurs – saw net income attributable to common stockholders for the three months ended March 31 increase to $1.2 million, or 14 cents per share, compared to net income of $1.1 million, or 18 cents per share, for the comparable period in 2016.

36. Kemmons Wilson Cos. Continues in the Spirit of its Founder -

McLean T. Wilson has a statistic he likes to keep top of mind: 94 percent of third-generations businesses fail. Kemmons Wilson Cos. (KWC), the enterprise founded by McLean’s grandfather, Kemmons Wilson, is in the other 6 percent.

37. Jernigan Capital Has Solid Q1, More Growth Expected -

Memphis-based Jernigan Capital Inc. is enjoying a strong start to 2017.

The company – a capital partner for self-storage entrepreneurs – saw net income attributable to common stockholders for the three months ended March 31 increase to $1.2 million, or 14 cents per share, compared to net income of $1.1 million, or 18 cents per share, for the comparable period in 2016.

38. Study: TVA System Creates Nearly $12B Impact on Region -

KNOXVILLE, Tenn. (AP) – A new study estimates the Tennessee Valley Authority's managed river system created an $11.9 billion economic impact in the Tennessee Valley last year.

The Chattanooga Times Free Press reports (http://bit.ly/2oVYzI9) that the University of Tennessee Institute of Agriculture's study examines the total effect from the recreational and visitor uses of TVA's 49 reservoirs. TVA is the nation's largest public utility and provides electricity to about 9 million people in Tennessee, Alabama, Mississippi, Kentucky, Georgia, North Carolina and Virginia.

39. New York Firm Pays $23M for 3 Germantown Hotels -

7750 Wolf River Blvd., 9314 Poplar Pike and 9320 Poplar Pike, Germantown, TN 38138 | Sale Amount: $23 million

Sale Date: April 28, 2017

40. House GOP Takes First Steps to Undo Financial Law -

WASHINGTON (AP) – House Republicans worked to undo former President Barack Obama's law overhauling the nation's financial rules, arguing that it is undermining economic growth. Democrats countered that the GOP effort risked a repeat of the 2008 meltdown that pushed the economy to the brink of collapse.

41. New York Firm Pays $23M For 3 Memphis-Area Hotels -

AR Global Investments, a New York-based asset management firm, has purchased a trio of Germantown hotels for a combined $23 million from Austin, Texas-based Summit Hotel Properties, according to three warranty deeds filed with the Shelby County Register of Deeds on April 28.

42. Lawmakers Settle on $1T Plan to Avoid US Gov't Shutdown -

WASHINGTON (AP) – Lawmakers on Monday unveiled a huge $1 trillion-plus spending bill that would fund most government operations through September but would deny President Donald Trump money for a border wall and rejects his proposed cuts to popular domestic programs.

43. FTB Advisors’ Chief Investment Officer: Block Out Noise; When in Doubt, Hold -

Gerald W. Laurain is chief investment officer at FTB Advisors Inc., a subsidiary of First Tennessee Bank. He oversees a large number of financial advisers that work with individual and corporate clients.

44. Investors See Benefits, Drawbacks In Access to Real-Time Technology -

Twenty years ago, if John Laughlin needed data on the stock market, he logged in to a Bloomberg terminal and started doing research.

45. Third-Party Litigation Financing Grows Into Popular, High-Stakes Trend -

Two decades ago, commercial third-party litigation financing was as small and uncommon as to be “negligible,” in Charles Agee’s words. Maybe $100 million in such funding per year.

46. EDGE Board Approves Two PILOTs, GMACW Merger -

The Economic Development Growth Engine for Memphis and Shelby County on Wednesday, April 19, granted tax abatements for a pair of companies with capital investment plans totaling $34 million and approved a resolution that allows the Greater Memphis Alliance for a Competitive Workforce to merge into EDGE.

47. Shops of Wolflake Near Wolfchase Sells for $4.8M -

2965 N. Germantown Parkway
Bartlett, TN 38133 

Sale Amount: $5 million

Sale Date: March 31

Buyer: WFL Retail LLC

48. Career Interference -

The job market often offers twists and turns you’d never expect. My first twist happened during college.

I grew up in the ’90s, along with the internet. Companies like AOL were just starting. With a “fast” dial-up modem, you could connect through your phone line. It was just the sort of thing a teenager dying to go to college out of state needed. It was an exciting time. Everything and everyone suddenly seemed magically intertwined in a new way.

49. Shops of Wolflake Sells for $4.8 Million -

A Germantown Parkway shopping center near Wolfchase Galleria has switched hands for nearly $5 million, according to a warranty deed filed with the Shelby County Register of Deeds March 31.

Called the Shops of Wolflake, the Bartlett shopping center is located between St. Francis Hospital-Bartlett and the Wolfchase mall and is anchored by Eat Well Sushi and Grill.

50. Growth Funds for Tax Efficiency -

Ray’s Take When it comes to real return, it’s not what you make, but what you keep after taxes and inflation that counts. 

Being mindful of taxes is more important than ever. Tax-efficiency in taxable portfolios is imperative, whether they’re pre-retirement accumulation accounts or retirement distribution portfolios. It’s incumbent upon investors to understand the tax implications for the various funds in their portfolios to plan the best strategy for their retirement.

51. Last Word: Lawsons Exit, LaRose Lessons and No Medicaid Expansion This Year -

The Lawson Brothers exit Tigers basketball seeking a release from the University of Memphis. The statement from Dedric and K.J. Lawson was all sweetness and light and apparently about as sincere as one of those interviews where players and coaches declare that if they will just play hard and put more points on the board than the other team then they should win.

52. Shops of Wolflake Near Wolfchase Sold for $4.8M -

A Germantown Parkway shopping center near Wolfchase Galleria has switched hands for nearly $5 million, according to a warranty deed filed with the Shelby County Register of Deeds March 31.

Called the Shops of Wolflake, the Bartlett shopping center is located between St. Francis Hospital-Bartlett and the Wolfchase mall and is anchored by Eat Well Sushi and Grill.

53. Malco Moving Forward With Downtown Theater -

45 E. G.E. Patterson Ave.
Memphis, TN 38103 

Permit Amount: $5 million

Project Cost: $55 million

Application Date: March 2017

54. Collierville Mayor Stan Joyner Says Political Path Kept Calling -

Before he ever ran for anything in Collierville, Stan Joyner spent a dozen years on the town’s planning commission. And he was an elected alderman for another 12 years before he ran for and was elected mayor of the town of 48,000 people.

55. DCA Founder Buys Historic Nabisco Building Downtown -

Doug Carpenter, founder and principal of the creative communications consulting firm DCA, has bought a historic Downtown building he will convert into his company’s new office.

Originally built as a National Biscuit Company (Nabisco) distribution center, the circa-1910 building sits on roughly half an acre at 11 W. Huling Ave. in the South Main Arts District.

56. DCA Founder Buys Historic Nabisco Building Downtown -

Doug Carpenter, founder and principal of the creative communications consulting firm DCA, has bought a historic Downtown building he will convert into his company’s new office.

Originally built as a National Biscuit Company (Nabisco) distribution center, the circa-1910 building sits on roughly half an acre at 11 W. Huling Ave. in the South Main Arts District.

57. Community Groups Working to Bridge Economic Development Gaps -

When a $1 million award for North Memphis was announced recently, it signaled an opportunity to bring change to those communities.

North Memphis received a $1 million award through the Strong, Prosperous, And Resilient Communities Challenge (SPARCC) that went to the Memphis Partners for Resilient Communities. But in the Klondike and Smokey City neighborhoods of North Memphis, work has been underway for years to support the people who live and work there in the form of the Klondike Smokey City Community Development Corp.

58. EDGE's ICED Loan Program Gives Small-Business Owners a Hand Up -

Camy Archer had built a loyal following of customers at her eponymous Midtown restaurant over the course of two decades and business was good.

But when her landlord struck a deal with another tenant in 2015, she was suddenly scrambling to find a new home for her business before she ended up losing everything she worked so hard to create.

59. Lawmakers Blast Haslam Administration for Process Toward JLL Contract -

The Tennessee Department of General Services is set to award a statewide contract for facility management services to Jones Lang LaSalle, a company that already handles 10 percent of state office space and estimates a 15.9 percent savings if all higher education institutes participate.

60. Penn National Gaming to Buy 2 Tunica Casinos for $44M -

1450 Bally Blvd.
Robinsonville, MS 38664 

Sale Amount: $44 million

Sale Date: March 28, 2017

61. Penn National Gaming to Buy 2 Tunica Casinos for $44M -

A Pennsylvania-based gaming company is planning to add to its Tunica-area holdings by buying the gaming operations of Bally’s Casino Tunica and Resorts Casino Tunica.

Penn National Gaming Inc. announced Tuesday, March 28, it has entered into a definitive agreement to acquire RIH Acquisitions MS I LLC and RIH Acquisitions MS II LLC, the holding companies for the two casinos, for approximately $44 million in cash. The transaction, which is expected to close in the second quarter of 2017, still has to be approved by the Mississippi Gaming Commission.

62. Limits on Tennessee Campaign Investments Headed to Governor -

NASHVILLE, Tenn. (AP) – A bill to prevent campaign funds from being invested in private companies is headed for Republican Gov. Bill Haslam's desk.

The legislation was introduced following reports that expelled Rep. Jeremy Durham heavily invested campaign funds in a company owned by prominent GOP donor Andy Miller Jr.

63. Bill to Ban Outsourcing Sails Through Committee -

A Senate panel approved legislation Monday prohibiting the outsourcing of jobs at state parks less than a week after the State Building Commission renewed plans for rebuilding and privatizing the inn at Fall Creek Falls.

64. Inn Construction, Private Management Plan Draw Ire of State Sen. Lee Harris -

State Sen. Lee Harris is criticizing Gov. Bill Haslam’s decision to renew an outsourcing plan for development and operations at Fall Creek Falls State Park, calling it a move to bolster profits for a private company.

65. FedEx Corp. Falls Short Of Q3 Profit Forecasts -

Memphis-based FedEx Corp. enjoyed record shipping levels in its peak season for deliveries, but still fell short of third-quarter profit forecasts.

66. Bill Would Let Students Illegally in US Pay In-State Tuition -

NASHVILLE, Tenn. (AP) – A bill that would let immigrant students who are in the country illegally pay in-state college tuition advanced in the Tennessee Legislature on Wednesday.

The Tuition Opportunity Bill passed by a 7-to-2 vote in the Senate Education Committee.

67. FedEx Falls Short of Q3 Profit Forecasts -

Memphis-based FedEx Corp. enjoyed record shipping levels in its peak season for deliveries, but still fell short of third-quarter profit forecasts.

In its Tuesday, March 21, earnings call, FedEx reported net income of $562 million, or $2.07 per share, for the fiscal quarter that ended Feb. 28. That was an increase from $507 million, or $1.84 per share, for the same period last year.

68. FedEx Corp. Falls Short of Q3 Profit Forecasts -

Memphis-based FedEx Corp. enjoyed record shipping levels in its peak season for deliveries, but still fell short of third-quarter profit forecasts.

In its Tuesday, March 21, earnings call, FedEx reported net income of $562 million, or $2.07 per share, for the fiscal quarter that ended Feb. 28. That was an increase from $507 million, or $1.84 per share, for the same period last year.

69. Hopson, Caldwell Plan for SCS Long-Term -

Five years into historic changes in public education locally, the rapid pace of change is starting to give way to longer-term views and plans.

“This has been the first year since the merger that we actually are in a position to do some strategic investments in our schools,” Shelby County Schools superintendent Dorsey Hopson said on the WKNO/Channel 10 program “Behind The Headlines.”

70. Memphis Museums and Attractions Broaden Reach With Host of Upgrades -

Elvis Presley Enterprises made a splash in recent weeks with the grand opening of the 200,000-square-foot museum, restaurant and retail complex known as Elvis Presley’s Memphis. But the Graceland operator isn’t the only local institution upgrading what it offers visitors.

71. After The Fed: What Some Top Bond-Fund Managers Are Saying -

NEW YORK (AP) – Rising rates don't have to mean despair for bond-fund investors.

Yes, the Federal Reserve raised short-term rates Wednesday, the latest move higher in what economists expect to be a long campaign. Bond investors have historically seen rising rates as the enemy because they result in falling prices for the bonds they own.

72. SCS Enters Budget Talks With Some Flexibility -

At this time of year, Shelby County Schools superintendent Dorsey Hopson confesses that he’s usually not feeling quite this optimistic.

“It’s a weird situation for me because I’m usually very frustrated and depressed,” Hopson said Monday, March 13, as he unveiled a budget proposal that goes to the school board first and then the Shelby County Commission.

73. Hopson Proposes Balanced SCS Budget with $47M Turn-Around Effort -

Shelby County Schools superintendent Dorsey Hopson took a $945.2 million budget proposal to SCS board members Monday, March 1, that includes $47 million in additional funding for his new set of 19 “critical focus” schools and other school turnaround measures including a pay raise for teachers and hiring of more classroom interventionists and specialists.

74. Verizon Sought $925 Million Penalty for Yahoo's Lax Security -

SAN FRANCISCO (AP) – Verizon initially thought the biggest data breaches in internet history merited a $925 million discount on its acquisition of Yahoo's online services, nearly three times more than the two companies finally agreed upon.

75. New Midtown Brewery Files $1.2M Building Permit Application -

1350 Concourse Ave.
Memphis, TN 38104 

Permit Amount: $1.2 million

Application Date: March 2017

Owner: Crosstown Concourse

76. Regency Buys 70 Acres In Germantown for $2 Million -

Regency Homebuilders LLC has bought a 70-acre parcel of land in Germantown from Goodwin Farms L.P. for roughly $2 million, according to a Feb. 27 warranty deed filed with the Shelby County Register of Deeds.

77. Regency Homebuilders Buys 70 Acres in Germantown -

Regency Homebuilders LLC has bought a 70-acre parcel of land in Germantown from Goodwin Farms L.P. for roughly $2 million, according to a Feb. 27 warranty deed filed with the Shelby County Register of Deeds.

78. $12 Million Permit Filed For Hickman Building -

240 Madison Ave.
Memphis, TN 38103

Permit Amount: $12 million

Project Cost: $16 million

Application Date: February 2016

79. Investing Costs Fall Again: Fidelity, Schwab Cut Commissions -

NEW YORK (AP) – It keeps getting cheaper to invest.

Fidelity on Tuesday became the latest company to cut its fees in an ongoing industry battle that's helped mom-and-pop investors keep more of their own dollars. Rival Charles Schwab matched the price cut in a matter of hours.

80. Senate Passes Bill Limiting Tennessee Campaign Investments -

NASHVILLE, Tenn. (AP) – The state Senate has passed a bill seeking to prevent campaign funds from being invested in private companies.

The legislation follows the release of a Tennessee Registry of Campaign Fiance audit that found that former Rep. Jeremy Durham loaned $120,000 to a company run by prominent GOP donor Andrew Miller Jr.

81. Bills Aimed at Raising Permanent Funding For Road Projects Collide Again This Week -

NASHVILLE – The chairwoman of the House Transportation Subcommittee is defiant in her handling of legislation that could have derailed Gov. Bill Haslam’s fuel-tax plan, a high-profile measure on the panel’s calendar again Wednesday, March 1.

82. Bills Aimed at Raising Road Project Funding Collide Again This Week -

NASHVILLE – The chairwoman of the House Transportation Subcommittee is defiant in her handling of legislation that could have derailed Gov. Bill Haslam’s fuel-tax plan, a high-profile measure on the panel’s calendar again Wednesday, March 1.

83. Arkansas State University Revises Mexican Campus Contract -

LITTLE ROCK, Ark. (AP) – Arkansas State University is finalizing plans to open a campus in Mexico.

A new agreement between the university in Jonesboro and its Mexico campus will reset the length of the partnership to a decade and give the Arkansas school a chance to earn more from it, the Arkansas Democrat-Gazette reported Sunday (http://bit.ly/2lTXEoS).

84. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert part of a historic but long-vacant Downtown building into its new headquarters.

The $16 million project seeks to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses the Memphis-based investment firm's headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

85. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert a historic but long-vacant Downtown building into its new headquarters.

The Memphis-based investment management firm plans to invest around $16 million to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses its headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

86. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert a historic but long-vacant Downtown building into its new headquarters.

The Memphis-based investment management firm plans to invest around $16 million to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses its headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

87. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert a historic but long-vacant Downtown building into its new headquarters.

The Memphis-based investment management firm plans to invest around $16 million to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses its headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

88. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert a historic but long-vacant Downtown building into its new headquarters.

The Memphis-based investment management firm plans to invest around $16 million to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses its headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

89. Transit Portion of Sara Kyle’s Bill Adopted by Governor -

NASHVILLE – Part of a plan by Sen. Sara Kyle and Rep. John Ray Clemmons to help local governments raise funds for mass transit projects is being adopted by Gov. Bill Haslam for his IMPROVE Act.

90. Cities, Developers Reaping Rewards of Mixed-Use Shift -

Commercial real estate is shifting to mixed-use developments designed to create a sense of place for homeowners longing for the community of days gone by, and the trend is profiting many parties as commercial developers see stronger returns and cities undergo revitalization in their core.

91. What are Capacity and Infrastructure? -

Knowing your mission, vision and proposed impact is critical to your success as an organization. Equally important is the process of building your capacity and infrastructure. But what exactly are these things?

92. NuVasive Receives 11-Year PILOT, Will Invest $116 Million -

Medical device company NuVasive Inc. has been approved for an 11-year tax incentive that will allow them to invest $116 million into their southeast Memphis facility and create 15 net new jobs.

93. Experts Provide Recruiting Tips For Increasingly Active Job Market -

Qualified job seekers should see more career options opening up this year, as nearly 50 percent of employers are expecting to increase staffing in 2017, according to Employer Associations of America.

94. Regency Homebuilders Buys Land in Bartlett -

Music City Investments LLC sold two parcels of vacant land in Bartlett to Regency Homebuilders LLC for $1.8 million, according to a Feb. 1 warranty deed filed with the Shelby County Register of Deeds.

95. State Of The Suburbs -

With its central location, unparalleled access to major roads, rails, runways and rivers and low cost-of-living, it’s no surprise that Memphis and the surrounding area is a popular destination for corporate headquarters, national retail brands and major industrial centers.

96. Exercise Care When Taking Distributions -

Ray’s Take With few exceptions, the IRS requires that investors in traditional tax-deferred accounts begin to draw them down when they reach age 70 1/2. Most people are inclined to think about required minimum distributions (RMDs) once they start having to take them. It’s a good idea to start some projections well in advance of that deadline. If you miss the deadline, the IRS will access a penalty of 50 percent of the amount you should have taken. 

97. Tennessee Democrats Push to Phase Out Grocery Tax -

Calling the governor’s fuel-tax plan a “slap in the face” of working Tennesseans, legislative Democrats are making a move to offset increased costs at the pump by phasing out the grocery tax.

98. State Democrats Propose Eliminating the Grocery Tax -

NASHVILLE – Calling the governor’s fuel-tax plan a “slap in the face” of working Tennesseans, legislative Democrats are making a move to offset increased costs at the pump by phasing out the grocery tax.

99. Regency Homebuilders Buys Land in Bartlett -

Music City Investments LLC sold two parcels of vacant land in Bartlett to Regency Homebuilders LLC for $1.8 million, according to a Feb. 1 warranty deed filed with the Shelby County Register of Deeds.

100. Analysis: Some Super Bowl Ads Score, Others Fumble -

There is no greater scrutiny that a brand faces for its marketing prowess than during the biggest U.S. sporting event of the year. Courageous brands bet big that their ad would win hearts and minds among consumers, but alas, only 40 percent of Super Bowl ads earned favorable ratings from our team of advertising professionals.