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Editorial Results (free)

1. Airport Authority Sets FY 2019 Budget -

The Memphis-Shelby County Airport Authority board has approved its budget for fiscal year 2019, which begins July 1 and runs through next June.

In total, the $117.9 million operations and maintenance budget for fiscal 2019 will set the fees and charges that the airlines pay and establishes spending authority for the MSCAA staff. It does not include construction project expenditures, however.

2. Graceland Arena Controversy Shows Strings as it Broadens -

Elvis Presley Enterprises and City Hall got together last week in Whitehaven on neutral ground to talk about Graceland’s expansion plan, specifically a 6,200-seat arena. And from a distance you could barely see the strings from the arena attached to the 1,000-job manufacturing facility Graceland has also talked about starting on Brooks Road.

3. Jernigan Capital Names Chief Investment Officer -

Jernigan Capital Inc., a Memphis-based real estate investment trust that provides debt and equity capital for self-storage facilities, has named Jonathan Perry executive vice president and chief investment officer. He is expected to join the company in early June.

4. Gambling, Tech Firms Scramble for Foothold in Sports Betting -

ATLANTIC CITY, N.J. (AP) – The anticipation of legal sports gambling throughout the United States has prompted a flurry of deals among gambling and technology firms who want a foothold in a market worth billions.

5. Grant Awarded For Auto Museum -

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

6. Memphis to Rebid Cook Convention Center Project -

The city will be rebidding the $175 million renovation of the Memphis Cook Convention Center, Memphis Mayor Jim Strickland said Tuesday, May 15.

7. Convention Center Overhaul and Renovation to be Rebid -

The city will be rebidding the $175 million renovation of the Memphis Cook Convention Center, Memphis Mayor Jim Strickland said Tuesday, May 15.

8. Jernigan Capital Names Chief Investment Officer -

Jernigan Capital Inc., a Memphis-based real estate investment trust that provides debt and equity capital for self-storage facilities, has named Jonathan Perry executive vice president and chief investment officer. He is expected to join the company in early June.

9. Common Table to Discuss Opioid Crisis Tuesday -

The Common Table Health Alliance will discuss “The Opioid Crisis: The Good, The Bad and The Ugly” when it holds its ninth annual Board of Directors Meeting & Awards Program Tuesday, May 15.

10. Tibbens President, CEO Of American Home Shield -

Memphis-based ServiceMaster Global Holdings Inc. has named Rex Tibbens as the president and CEO of American Home Shield in advance of the spinoff of the home warranty business.

11. Not Taking Sides -

Elvis Presley Enterprises’ push to get city and county officials to back its plans for a Whitehaven arena hasn’t made very much progress, judging from discussions this month by the Memphis City Council and the Shelby County Commission.

12. Google Showcases AI Advances at its Big Conference -

MOUNTAIN VIEW, Calif. (AP) – Google put the spotlight on its artificial intelligence smarts at its annual developers conference Tuesday, where it announced new features and services imbued with machine learning.

13. Room to Grow -

Local Checkers franchisee group Tristate Restaurants LLC is preparing to open its newest location in Memphis at 3680 Lamar Ave. by early to mid-May, and plans for as many as five more locations over the next couple of years.

14. Tibbens Named President, CEO of American Home Shield -

Memphis-based ServiceMaster Global Holdings Inc. has named Rex Tibbens as the president and CEO of American Home Shield in advance of the spinoff of the home warranty business.

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

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

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

16. FedEx Names New CEO Of FedEx Freight -

Memphis-based FedEx Corp. has named John A. Smith the president and CEO of FedEx Freight, effective Aug. 16, the company announced Tuesday, May 1. He will take over for Michael L. Ducker, who announced his retirement plans in April.

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

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

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

18. Two More Executives Resign at Fred's -

Two more senior executives are out at discount retailer Fred’s Inc., with word of their departures coming a week after the Memphis-based company’s CEO resigned.

Fred’s disclosed in a security filing today, May 3, that chief operating officer Timothy Liebmann and chief merchandising and marketing officer Mary Louise Gardner have both resigned “to pursue other opportunities.” Their departures will cost the company more $1.5 million, as that figure alone represents the severance costs of $800,000 that will go to Liebmann and $663,000 going to Gardner. They’ll also get their regular base salary through May 27.

19. The Seam in Memphis Joins EEA Blockchain Initiative -

The Seam, a provider of agribusiness software and commodities trading solutions, has joined the Enterprise Ethereum Alliance (EEA), the world’s largest open-source blockchain initiative.

The Seam joined EEA to collaborate with industry leaders on the architecture and deployment of blockchain solutions for the enterprise. As a member, The Seam will work alongside many individuals and organizations by promoting and facilitating open standards, decentralized architectures, security and best practices for Ethereum-based technologies, including smart contracts.

20. Luttrell Proposes Adjusting Down County Property Tax Rate -

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

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

21. Data Firm at Center of Facebook Privacy Scandal Will Close -

NEW YORK (AP) – Cambridge Analytica, the Trump-affiliated data firm at the center of Facebook's worst privacy scandal in history, is declaring bankruptcy and shutting down.

The London firm blamed "unfairly negative media coverage" and said it has been "vilified" for actions it says are both legal and widely accepted as part of online advertising.

22. More Businesses are Mellowing Out Over Hiring Pot Smokers -

WASHINGTON (AP) – FPI Management, a property company in California, wants to hire dozens of people. Factories from New Hampshire to Michigan need workers. Hotels in Las Vegas are desperate to fill jobs.

23. MLK-Inspired -

What today is known as the Community Foundation of Greater Memphis was born out of the city’s fallout from the Memphis sanitation workers’ strike and Dr. Martin Luther King’s assassination on April 4, 1968.

24. FedEx Names New CEO Of FedEx Freight -

Memphis-based FedEx Corp. has named John A. Smith the president and CEO of FedEx Freight, effective Aug. 16, the company announced Tuesday, May 1. He will take over for Michael L. Ducker, who announced his retirement plans in April.

25. FedEx Names New CEO of FedEx Freight -

Memphis-based FedEx Corp. has announced that John A. Smith will assume the role of president and CEO of FedEx Freight effective Aug. 16, 2018.

26. Mississippi Bank Gets New Leader as Longtime CEO Steps Aside -

TUPELO, Miss. (AP) – A regional bank based in Mississippi is getting new leadership as the longtime CEO steps aside in a planned transition.

Renasant Corp. says that on Tuesday, it will promote C. Mitchell Waycaster from executive vice president to chief executive officer. Kevin Chapman will become chief operating officer while retaining his current post of chief financial officer.

27. Sitting It Out -

An oil change concept growing like wildfire over the past couple of years will enter the Memphis-area market in Germantown in the next two to three months. Louisiana-based Take 5 Oil Change was acquired by Charlotte, North Carolina-based Driven Brands two years ago and subsequently started to grow its footprint throughout the Southeast, increasing from 60 locations to roughly 300 from Texas through Virginia.

28. Graceland Political Push Faces First Test at County Commission -

In introducing Joel Weinshanker Thursday, April 27, at a town hall meeting in Whitehaven, Graceland CEO Jack Soden talked about Weinshanker’s “appetite for risk.” The group of 150 people in the theater at Guest House at Graceland soon got a good look at Weinshanker’s emerging plan to go public in a big way with one of the city’s most sensitive economic development issues – the city and county noncompete agreement with the Memphis Grizzlies that keeps the city and county from funding any 5,000-seat and up arena that might compete with FedExForum.

29. Distracted by Technology? Microsoft Tries to Help -

Technology companies whose devices and constantly scrolling online services have driven us to distraction are beginning to acknowledge that their products can be a waste of time. Some of them now say they're trying to help.

30. Strickland and Weinshanker Trade Public Responses in Graceland Arena Controversy -

They aren’t talking directly to each other, but Memphis Mayor Jim Strickland and Graceland Holdings managing partner Joel Weinshanker traded public responses to each other Friday, April 27.

31. Web Extra: Forrest Slave Market Site Emerges From Past As Part of Heritage Trail -

The same week as the formal re-opening of the Universal Life Insurance building, Tim Huebner, a Rhodes College history professor, and the students in his “historical methods” class went to Calvary Episcopal Church to unveil a new historical marker that marks the site of a very different business success story.

32. Strickland Responds to Graceland Push for Arena Approval -

UPDATE: Memphis Mayor Jim Strickland responded Friday, April 27, to comments made by Graceland Holdings managing partner Joel Weinshanker Thursday evening at a town hall meeting about Graceland's expansion plans. Here is the statement in full.

33. A Work Home Found -

Growing up in Texas, just south of Houston, Michael Phillips always had been around people speaking Spanish. He took Spanish classes (and German, too) in high school and always liked the language.

34. Strickland Proposes Lower Property Tax Rate -

Memphis Mayor Jim Strickland is proposing a change in the city property tax rate from the current $3.27 to a $3.19 rate as part of his third budget proposal.

35. Strickland Proposes City Property Tax Rate Change After Windfall -

Memphis Mayor Jim Strickland is proposing a change in the city property tax rate from the current $3.27 to a $3.19 rate as part of his third budget proposal.

36. Ex-Yahoo Paying $35M to Settle SEC Charges Over 2014 Hack -

WASHINGTON (AP) – The company formerly known as Yahoo is paying a $35 million fine to resolve federal regulators' charges that the online pioneer deceived investors by failing to disclose one of the biggest data breaches in internet history.

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

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

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

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

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

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

40. UTHSC Set To Open New Training Facility -

In less than three weeks, the University of Tennessee Health Science Center will launch its new $39.7 million, 45,000-square-foot building packed with high-tech tools and a cutting-edge training environment.

41. Applications Open For MLK50 Grants -

The Community Foundation of Greater Memphis has unveiled MLK50: The Next Step Forward grant program. The foundation will fund organizations building on Dr. King’s platform to create real and systemic change, focused on six pillars: poverty, better jobs/higher wages, decent housing, quality education, justice and peace.

42. FedEx Freight CEO Michael Ducker to Retire -

FedEx Corp. has announced that FedEx Freight president and CEO Michael L. Ducker will retire effective Aug. 15.

43. MEM Still Ranked World’s 2nd Busiest Cargo Airport -

Memphis International Airport has cemented its status as the second busiest cargo airport in the world for another year, with more than 4.33 million metric tons of cargo passing through in 2017.

That volume of cargo marks a 0.3 increase over last year’s numbers, according to the preliminary 2017 world airport traffic rankings just released by Airports Council International.

44. Opioid Litigation, FedExForum NonCompete Top Local Law Developments -

Here are some of the legal issues making news in recent months.

NASHVILLE, Tenn. (AP) – Tennessee Attorney General Herbert Slatery says lawsuits by local prosecutors over the opioid epidemic are complicating his efforts to reach a multistate settlement with drug companies. In response, the prosecutors, who represent about half of Tennessee's counties, say local communities lose out when lawsuits like theirs are rolled into one settlement.

45. MEM Still Ranked World’s Second Busiest Cargo Airport -

Memphis International Airport has cemented its status as the second busiest cargo airport in the world for another year, with more than 4.33 million metric tons of cargo passing through in 2017.

That volume of cargo marks a 0.3 increase over last year’s numbers, according to the preliminary 2017 world airport traffic rankings just released by Airports Council International.

46. Richards Focused on Customers and Employees -

Chris Richards knows the value of a chance encounter.

As a 20-year-old sophomore at the University of Iowa, Richards traveled with her college roommate to Memphis, intending to stay for the summer and explore a new city.

47. IMC Official Discusses Transportation Challenges -

Although Memphis has long been known as America’s distribution center, simply being in the right place at the right time isn’t always enough.

For example, a driver and chassis shortage is crippling the city’s supply chain, said Donna Lemm, IMC Companies’ executive vice president of national sales.

48. Trolley Restoration Meant Rebuilding the System -

Nearly four years after two trolleys caught fire in the span of six months in late 2013, Memphis Area Transit Authority officials announced that three restored trolley cars would go into service on April 30.

49. FedEx Freight CEO Ducker to Retire -

FedEx Corp. has announced that FedEx Freight president and CEO Michael L. Ducker will retire effective Aug. 15.

50. Another Conscious Company: Which Wich -

Editor’s note: Columnist Michael Graber interviewed Jeff Sinelli, founder and “chief vibe officer” at Which Wich, about the sandwich chain’s focus on conscious capitalism. 

51. FedEx Freight President and CEO Michael L. Ducker to Retire Aug. 15 -

BUSINESS WIRE – FedEx Corp. today announced that Michael L. Ducker, president and CEO of its FedEx Freight subsidiary, will retire effective Aug. 15. Ducker took the helm at FedEx Freight in 2014 after spending close to 40 years at FedEx Express. His successor will be named later.

52. USL Memphis to Operate Memphis City FC in 2018 -

USL Memphis has acquired Memphis City FC and will operate it as a Premier Development League (PDL) franchise starting with the 2018 PDL season, with the first match set for Saturday, May 12.

Tryouts will be held on Saturday, April 21 at Memphis University School. The fee to register for tryouts is $35 and can be done at www.usl2memphis.com/pdl.

53. New Restaurant Concept Coming to Overton Square -

A new upscale restaurant called Bogard that will serve contemporary Southern-inspired dishes has signed a 3,790-square-foot lease in Overton Square, Loeb Properties Inc. has announced.

54. Overton Square Adds Two New Restaurants in One Week -

2110 Madison Ave.

Memphis, TN 38104

Lease Amount: 3,790 square feet 

Tenant: Bogard

Tenant’s Agent: Barry Maynard, LRG

Landlord: Loeb Properties Inc.

55. Link Between Overton Greensward and Zoo Defines Enduring Controversy -

It seemed like a good idea to the Powers-Hill Design firm as it was drawing up plans for a reconfigured Memphis Zoo parking lot to include a pedestrian walkway from the zoo plaza through the new parking lot to the Overton Park Greensward.

56. What Statewide Candidates Say About Opioid Crisis, Public Safety -

The spread of opioid abuse claimed over 1,600 lives in Tennessee in 2016, and it is getting worse. Methamphetamine abuse, while not getting the headlines, has increased. Gun violence and murder is increasing. What proposals do our candidates have to help Tennesseans address these public safety issues?

57. City Makes Changes in Approving Final Zoo Parking Plan In Overton Park -

The final design for the expansion of Memphis Zoo parking will move the entrance to zoo parking further north of where the tentative design earlier this year put it. And the final plan announced Thursday, April 12, by Memphis Mayor Jim Strickland will move 37 parking spaces on the north side of the Prentiss Drive entrance off McLean and create a 3-foot-high berm that eliminates any pedestrian walkway entrances between the zoo parking and the Overton Park Greensward.

58. Uber to Up its Background Checks for Drivers -

DETROIT (AP) – Uber will start doing annual criminal background checks on U.S. drivers and hire a company that constantly monitors criminal arrests as it tries to do a better job of keeping riders safe.

59. US Publishers Worry About Pricier Newsprint With New Tariffs -

MILWAUKEE (AP) – Newspaper publishers across the U.S. already strapped by years of declining revenue say they're dealing with an existential threat: Recently imposed tariffs on Canadian newsprint driving up their business costs.

60. Volkswagen Replaces CEO Mueller, Announces New Structure -

FRANKFURT, Germany (AP) – Volkswagen replaced CEO Matthias Mueller with core brand head Herbert Diess on Thursday and said it is creating a new management structure to enable faster decision-making as autonomous and electric cars transform the industry.

61. ‘Southern-Inspired’ Restaurant Coming to Overton Square -

A new upscale restaurant called Bogard that will serve contemporary Southern-inspired dishes has signed a 3,790-square-foot lease in Overton Square, Loeb Properties Inc. has announced.

62. Upscale “Southern-Inspired” Restaurant Coming to Overton Square -

Loeb Properties has announced a new upscale restaurant that will serve contempory southern-inspired dishes known BOGARD has signed a 3,790-square-foot lease in Overton Square.

Though the restaurant partially takes its name from co-owner Edward Bogard, it also an acronym for “Buying One Gives Another Rare Dish” as each meal purchased at the restaurant will provide another meal for a person in need thanks to a partnership with the Mid-South Food Bank

63. Lawmakers Can't Agree on Restrictions on Short-Term Rentals -

NASHVILLE, Tenn. (AP) – The Tennessee House has refused to agree to changes the Senate made last week in a bill that would overturn some local short-term rental bans.

It means both houses must come to some agreement if they are to pass legislation that would upend the bans.

64. Overtime Exemption Rules Not So Simple -

In today’s world, the 40-hour workweek may seem old-fashioned. Employees work remotely, answer emails on mobile devices anytime, and fewer workers clock in at nine and clock out at five. While the business climate evolves, the overtime requirement set forth in the Fair Labor Standards Act (FLSA) remains consistent: non-exempt employees must receive overtime pay – “time-and-a-half” – for any time worked beyond 40 hours in a workweek. This raises the important and complicated question, “Which employees are exempt?”

65. Bus System Overhaul Would Shift Balance of Service to More Frequency -

Consultants mapping a reconstruction of the city’s bus system are suggesting $30 million more a year in annual city funding for the system and a shift of bus service so that 70 percent of the routes have a higher frequency, reducing wait times during peak hours on major north-south and east-west corridors.

66. Swiss Giant Novartis to Buy US-Based Avexis in $8.7B Deal -

GENEVA (AP) – Swiss pharmaceuticals giant Novartis says it has agreed to buy the U.S.-based gene therapy company AveXis Inc. for $8.7 billion, part of its goal to become a leader in the treatment of neurodegenerative diseases.

67. Statewide Clinical Trials Effort Launches Out of UTHSC -

When Dr. Steven Goodman, vice chancellor for research at the University of Tennessee Health Science Center, arrived at the college more than two years ago, his ambition was to launch a statewide clinical trials network.

68. Tenn. Senate Passes Bill That Upends Some Short-Term Rental Bans -

NASHVILLE, Tenn. (AP) – The Tennessee Senate on Thursday passed a bill that overturns some local short-term rental bans after lawmakers debated for more than two hours about property rights versus local control.

69. FedEx Unveils Pilot Development Program -

FedEx Corp. subsidiary FedEx Express is rolling out a new pilot development program known as “Purple Runway – A FedEx Pathways Program” to recruit and train new pilots over the coming years.

70. UTHSC Launches Clinical Trials Network -

The University of Tennessee Health Science Center has launched the Clinical Trials Network of Tennessee.

Operating as a separate subsidiary of the University of Tennessee Research Foundation, the network was created to enable UTHSC clinical research faculty to design, solicit and conduct statewide clinical trials with the overarching goal of providing new therapeutics and medical devices aimed at improving the health of all Tennesseans.

71. Last Word: I Am A Man Plaza, Graceland Clears EDGE and Filing Deadline Action -

Sometimes the simplest concepts say more than an elaborate explanation can – even when the history it depicts is complex. A plaza dedicated to the 1,300 city sanitation workers who went on strike in 1968 formally opened Thursday on what had been a vacant lot just across Pontotoc from the south side of Clayborn Temple. And the occasion included more of the small moments that have made this week so compelling. Watching civil rights icon Rev. James Lawson walk around the plaza and discover it includes one of his quotes from the 1968 strike.

72. UTHSC Launches Clinical Trials Network -

The University of Tennessee Health Science Center has launched the Clinical Trials Network of Tennessee.

Operating as a separate subsidiary of the University of Tennessee Research Foundation, the network was created to enable UTHSC clinical research faculty to design, solicit and conduct statewide clinical trials with the overarching goal of providing new therapeutics and medical devices aimed at improving the health of all Tennesseans.

73. Airport Overhaul Hits Milestone With B Concourse Closure -

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

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

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

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

75. FedEx Unveils Pilot Development Program -

FedEx Corp. subsidiary FedEx Express is rolling out a new pilot development program known as “Purple Runway – A FedEx Pathways Program” to recruit and train new pilots over the coming years.

76. Last Word: MLK 50 Arrives, Heritage Trail and Medical Marijuana's Comeback -

This will be a big week in the national spotlight for the city. But whenever someone with a megaphone like a newspaper or a television station says that in Memphis there is something that happens that gives me pause and I think gives a lot of other Memphians pause. Some of us start to open the floodgates of our long-held need to please at all costs.

77. Nashville-based Trust Company Opening Memphis Office -

Pendleton Square Trust Co., a Nashville-based independent trust and family office company, has hired an executive away from First Tennessee Bank to help launch and open an office in Memphis in the coming months.

78. FedEx Acquires UK-Based E-Commerce Company -

FedEx Corp. has acquired P2P Mailing Limited, an e-commerce transportation solutions provider based in the United Kingdom, for $130 million.

79. Daimler, BMW to Merge Car-Sharing, Other Digital Services -

FRANKFURT, Germany (AP) – Automakers Daimler and BMW have agreed to merge their transportation services businesses so they can expand offerings in ride-hailing apps, car-sharing, parking, and charging electric cars.

80. FedEx Acquires UK-Based E-Commerce Company -

FedEx Corp. has acquired P2P Mailing Limited, an e-commerce transportation solutions provider based in the United Kingdom, for $130 million.

81. Explore Bike Share Reveals Station Locations -

The launch of Explore Bike Share is getting closer with the nonprofit revealing Wednesday, March 28, the locations of the stations for the 600-bike system.

Explore Bike Share’s 60 stations span from Downtown, South Memphis and Cooper-Young to Orange Mound, Overton Square and Crosstown. The stations and bikes are being funded through a combination of donations from foundations and individuals, plus a $2.2 million federal Congestion Mitigation Air Quality grant, said Explore Bike Share executive director Trey Moore.

82. EPE 'Disappointed' With Memphis' Stance on Arena Proposal -

Elvis Presley Enterprises plans to build a 5,000- to 6,000-seat arena with no incentives from the city of Memphis, but it’s seeking an increase in the percentage of tax increment financing from the Graceland TIF District for its other expansion plans.

83. Facebook Faces Scrutiny for Pulling Android Call, Text Data -

On the same day Facebook bought ads in U.S. and British newspapers to apologize for the Cambridge Analytica scandal, the social media site faced new questions about collecting phone numbers and text messages from Android devices.

84. Frontier Gun Maker Remington Seeks Bankruptcy Protection -

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

85. EPE Expansion in Limbo, Overton Square Restaurant Sets Opening Date -

3734 Elvis Presley Blvd.
Memphis, TN 38116

Project Cost: $22 million

Owner: Elvis Presley Enterprises

Details: Elvis Presley Enterprises’ expansion plans have been put on hold for the second straight month as the Economic Development Growth Engine for Memphis and Shelby County board continues to sort out if any implications will stem from approving bond financing for the Whitehaven project.

86. Plan to Expand Pre-K Would Leverage Private Funds -

After voters defeated two ballot questions in two years for sales tax increases – city and county – to fund an expansion of prekindergarten classrooms primarily in Memphis, the effort is back with a momentum that seemed unlikely five years ago.

87. New Maciel’s Concept Coming to Broad Avenue District -

A new Maciel’s location is in the works, coming to the site behind Rec Room on Broad Avenue that previously housed French Truck Coffee.

Set to open on April 2, it will be something of a twist on the Maciel’s concept – called Maciel’s Bodega – and smaller than the Maciel’s Highland restaurant that just opened in February. Rather than a third full-fledged Maciel’s, which also has restaurants Downtown and in the University of Memphis area, Maciel’s Bodega will be more like a location number 2.5 for the brand.

88. EPE Expansion Plans Placed on Hold Again -

Elvis Presley Enterprises’ expansion plans have been put on hold for the second straight month as the Economic Development Growth Engine for Memphis and Shelby County board continues to sort out what, if any, implications will stem from approving bond financing for the Whitehaven project.

89. Facebook Crisis-Management Lesson: What Not to Do -

NEW YORK (AP) – The crisis-management playbook is pretty simple: Get ahead of the story, update authorities and the public regularly, assume responsibility and take decisive action. Crisis-management experts say Facebook is 0-for-4.

90. Children’s Central -

The first career choice a child has in mind isn’t always the right one. Stephanie Butler, who today is the new executive director of the Children’s Museum of Memphis, thought she wanted to be a doctor.

91. Shelby County Schools Plans Wage Increase -

Shelby County Schools superintendent Dorsey Hopson will have a formal proposal in about a month to raise the pay of all Shelby County Schools employees to at least $15 an hour.

Hopson announced the plan Tuesday, March 20, at a Shelby County Schools board work session citing a National Civil Rights Museum-University of Memphis study on poverty in Memphis since 1968.

92. Hopson Proposes $15 An Hour Minimum Wage for All SCS Employees -

Shelby County Schools superintendent Dorsey Hopson will have a formal proposal in about a month to raise the pay of all Shelby County Schools employees to at least $15 an hour.

Hopson announced the plan Tuesday, March 20, at a Shelby County Schools board work session citing a National Civil Rights Museum-University of Memphis study on poverty in Memphis since 1968.

93. Archer Malmo Alums Start New Creative Agency -

Dan Price and Ben Colar have been talking about doing this for nearly five years, and now the pair of Archer Malmo alums is moving forward with their ambition to launch their own creative agency.

94. Strickland Unveils Pre-K Funding Plan Without Tax Hike or Referendum -

The city has a plan to provide $6 million of the $16 million needed to fully fund prekindergarten in Memphis for 8,500 children starting when a federal grant that currently funds 1,000 of the existing 7,000 seats runs out in 2019.

95. Capital Financial Group Completes Move to Tower -

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

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

96. Capital Financial Group Completes Move to Tower -

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

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

97. Tariffs Lift Hopes for Jobs in American Mill Towns -

In the heart of America's diminished steel country, support for President Donald Trump's tariffs on imports is broad and bipartisan. It is tempered, though, by a strong streak of realism.

Trump's tariffs are expected to raise U.S. prices for steel and aluminum. That would help domestic producers and create several hundred new steelworker jobs.

98. Holmes Surrenders Theranos, Pays $500K After ‘Massive Fraud’ -

NEW YORK (AP) – Elizabeth Holmes, a Stanford University dropout once billed as the "next Steve Jobs" has forfeited control Theranos, the blood testing startup she founded, and will pay $500,000 to settle charges that she oversaw a "massive fraud."

99. Wiuff Looks to Boost Engagement As MAAR Board President -

Lauren Harkins Wiuff, a broker at Marx-Bensdorf Realtors, has begun her tenure as the 2018 president of the Memphis Area Association of Realtors board of directors. Wiuff, who will serve a one-year term as board president, is also a lifetime member of MAAR’s Multi Million Dollar Club. At Marx-Bensdorf, she leads a team that includes her sister, Stephanie Sheahan.

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

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