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Editorial Results (free)

1. 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.

2. 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.

3. 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.

4. 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.

5. 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. 

6. 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.

7. 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.

8. 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.

9. 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.

10. 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.

11. 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.

12. ‘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.

13. 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?”

14. 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.

15. 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.

16. 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.

17. 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.

18. 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.

19. 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.

20. 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.

21. 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.

22. 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.

23. 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.

24. 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.

25. 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.

26. 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.

27. 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.

28. 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."

29. 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.

30. Memphis Tile and Marble A Family Affair for 50 Years -

Back in the 1960s, Hugo Kumitz had a tile and marble company in Memphis. His top employee was a man named Thomas Cox.

After several years, Kumitz had a suggestion for Cox that bordered on an order: Go out on your own, Kumitz told him, you’re too good at this to not start your own company.

31. Reynolds American Gives Bonuses, Keeps 99 Pct. of Tax Cuts -

WINSTON-SALEM, N.C. (AP) – Reynolds American Inc. is giving most of its 5,500 employees a $1,000 bonus and keeping more than 99 percent of its earnings windfall from corporate tax reductions.

32. Memphis Pedigree -

Hollywood Feed’s newest Memphis store is officially open for business at the corner of Collins Street and Sam Cooper Boulevard. This 5,000-square-foot built-to-suit space replaces their flagship store on Broad Avenue, which currently houses the pet specialty retail chain’s corporate offices and distribution warehouse.

33. S2N Offers Free Website For Local Nonprofit -

Branding and digital agency S2N will provide a free, mobile-responsive website to a local nonprofit organization in celebration of the agency’s 10-year anniversary.

Beginning Monday, Feb. 26, any nonprofit interested in participating in the giveaway should submit their community mission, along with an explanation of how a new website would help further their mission, to www.s2ndesign.com/non-profit-website-giveaway.

34. Uber Starts Offering Rides to the Doctor -

Uber is driving deeper into health care by offering to take patients in every U.S. market where it operates to their next medical appointment.

The ride-hailing service said Thursday its Uber Health business will handle rides set up by doctor's offices or other health care providers and then bill that business, not the patient, for the service. The company said rides can be set up within a few hours or days in advance. Patients won't need access to a smartphone to use the service.

35. AutoZone Selling Two Business Segments -

Memphis-based AutoZone Inc. is selling two of its business segments: Interamerican Motor Corp., a distributor of replacement parts for imported vehicles, and AutoAnything, an online-only retailer that specializes in accessories, performance and replacement parts.

36. White House Downgrades Kushner's Security Clearance -

WASHINGTON (AP) – The security clearance of White House senior adviser and presidential son-in-law Jared Kushner has been downgraded, significantly reducing his access to classified information, according to two people informed of the decision.

37. Year of Milestones, Major News for First Horizon -

Ahead of its annual meeting of shareholders next month, First Tennessee Bank announced this week customers had given it top grades in the Phoenix-Hecht 2018 Quality Index for Middle Market Banking, an index that includes businesses with revenue between $20 million and $500 million.

38. AutoZone Selling 2 Businesses; Earnings Miss Street Forecasts -

Memphis-based AutoZone Inc. is selling two of its business segments: Interamerican Motor Corp., a distributor of replacement parts for imported vehicles, and AutoAnything, an online-only retailer that specializes in accessories, performance and replacement parts.

39. S2N Offers Free Website For Local Nonprofit -

Branding and digital agency S2N will provide a free, mobile-responsive website to a local nonprofit organization in celebration of the agency’s 10-year anniversary.

Beginning Monday, Feb. 26, any nonprofit interested in participating in the giveaway should submit their community mission, along with an explanation of how a new website would help further their mission, to www.s2ndesign.com/non-profit-website-giveaway.

40. EdR Reports Higher Income For Q4, Full Year 2017 -

EdR, a Memphis-based real estate investment trust focused on owning and developing collegiate housing, wrapped up 2017 on a positive note, posting higher earnings for both the fourth quarter and full year.

41. CRE Owners Look To Reap Rewards Of New Tax Cuts -

The start of the year enjoyed a flurry of commercial real estate sales and building permits, on the heels of federal tax cuts passed late last year that are expected to benefit CRE owners and possibly impact the number of new projects and sales announced this year.

42. EdR Reports Higher Income for Q4, Full Year 2017 -

EdR, a Memphis-based real estate investment trust focused on owning and developing collegiate housing, wrapped up 2017 on a positive note, posting higher earnings for both the fourth quarter and full year.

43. Beleaguered Gun Maker Remington Points to Bankruptcy Court -

MADISON, N.C. (AP) – Remington, the gun maker beset by falling sales and lawsuits tied to the Sandy Hook Elementary School massacre, has reached a financing deal that would allow it to continue operating as it seeks Chapter 11 bankruptcy protection.

44. Twitter Makes Money for First Time Ever, But Problems Remain -

NEW YORK (AP) – Twitter made money for the first time in its nearly 12-year history, a milestone that satisfied investors in the short term but might not resolve the company's broader problems any time soon.

45. Customer-Focused Government Not Always a Pleaser -

Gov. Bill Haslam is fond of saying government should run more like a business, and during his eighth and final State of the State address he invoked the term “customer-focused” at least twice in a victory lap.

46. Tax Cut, Bonuses for Workers? Many Businesses Not Sure Yet -

NEW YORK (AP) – Small business owners may want to hand out bonuses and raises now that there's a new tax law, but many don't know if they'll have any wealth to share.

"We didn't base any raises or bonuses on the tax situation because, quite frankly, until it actually happens, no one's sure what's going to happen," says Rod Hughes, a vice president at Kimball Hughes Public Relations in Blue Bell, Pennsylvania. The company gave its seven full-time employees year-end bonuses last month.

47. GM Likely to Expand Subsidized Loans if Interest Rates Rise -

DETROIT (AP) – If auto loan interest rates rise as expected this year, General Motors and others are likely to make more subsidized loans, including zero-percent financing, to keep car sales flowing.

48. Pizza, Donuts and Pinnacle Planned For Midtown -

1350 Concourse Ave., Memphis, TN 38104: Two local restaurateurs are looking to carve out their own slice of the Crosstown Concourse with the opening of Elemento’s Neapolitan Pizza.

49. Memphis Toys R Us To Remain Open -

A representative with Toys R Us has confirmed to The Daily News that the retailer’s Memphis location, at 7676 Polo Ground Blvd., won’t close after all.

50. Digest -

Memphis Toys R Us

To Remain Open

A representative with Toys R Us has confirmed to The Daily News that the retailer’s Memphis location, at 7676 Polo Ground Blvd., won’t close after all.

51. Memphis Toys R Us To Remain Open -

A representative with Toys R Us has confirmed to The Daily News that the retailer’s Memphis location, at 7676 Polo Ground Blvd., won’t close after all.

52. Memphis Toys R Us to Remain Open -

A representative with Toys R Us has confirmed to the Daily News that the retailer’s Memphis location at 7676 Polo Ground Blvd. will now remain open.

53. Toys R Us Closing Store in Memphis -

New Jersey-based Toys R Us will be closing 182 stores nationwide, including its 7676 Polo Ground Blvd. location in Memphis, as part of its Chapter 11 bankruptcy restructuring, according to court documents filed Tuesday, Jan. 23.

54. JNJ Express Enjoys Latest Growth Spurt -

Family-owned and operated JNJ Express is a bona fide Memphis success story. Last year, the asset-based transportation and logistics provider celebrated its 25th anniversary, and the company is set to grow by as many as 100 new trucks this year while also scouting sites for a new facility.

55. Bite Squad Pool Of Memphis Restaurants Tops 150 -

Competition in the on-demand meal delivery space is heating up in Memphis with the online and mobile food ordering and delivery service Bite Squad adding more than 30 new restaurants to its stable in Memphis, bringing its total to more than 150 here.

56. Toys R Us Closing Store in Memphis -

New Jersey-based Toys R Us will be closing 182 stores nationwide, including its 7676 Polo Ground Blvd. location in Memphis, as part of its Chapter 11 bankruptcy restructuring, according to court documents filed Tuesday, Jan. 23.

57. Toys R Us Closing Memphis Store -

New Jersey-based Toys R Us will be closing 180 stores nationwide including its 7676 Polo Ground Blvd. location in Memphis as part of its Chapter 11 bankruptcy restructuring, according to court documents filed Tuesday, Jan. 23.

58. Humane Society Names Davis 2018 Board President -

Ted Davis has been named 2018 president of the board of directors for the Humane Society of Memphis and Shelby County. Davis, who is a wealth adviser for Regions Bank, joined the humane society board in December 2015. His first priority was a campaign inspiring adopters to become donors, which led him to being the Paw Prints Gala committee chair in 2017.

59. First Tennessee Parent Company Caps Busy Fourth Quarter and 2017 -

Investors and analysts who cover the Memphis-based publicly traded parent company of First Tennessee Bank had a lot of news to digest during the bank’s fourth quarter.

60. Grizzlies’ Pranica Named TN Sportscaster of the Year -

Memphis Grizzlies television play-by-play announcer Pete Pranica of FOX Sports Southeast was voted the 2017 Tennessee State Sportscaster of the Year, the National Sports Media Association has announced.

61. Virginia-Based Brewery Brings its Beers to Memphis -

A Virginia-based brewery, Devils Backbone Brewing Co., has kicked off its 10th anniversary year with a launch of its product in Memphis and a series of events around the city this week.

62. FedEx Realigns Businesses Under Trade Networks -

FedEx is preparing to realign its specialty logistics and e-commerce solutions in a structure that will beef up its FedEx Trade Networks division.

The new organization, which is effective March 1, will roll in FedEx’s Custom Critical, Cross Border and Supply Chain businesses; FedEx Trade Networks Transport & Brokerage; and a new company called FedEx Forward Depots that has responsibility for several areas, including 3-D printing and the company’s packaging lab.

63. FedEx Realigns Specialty Companies Under Trade Networks -

FedEx Corp. has announced that effective March 1, the company will realign its specialty logistics and e-commerce solutions under FedEx Trade Networks Inc. and FTN CEO Richard W. Smith.

64. Mortgage Market Slows in December, Up 8 Pct. in ’17 -

Buoyed in part by solid numbers for 2017, bankers in Memphis like David Umsted are already looking ahead to what they foresee will be another busy year for the mortgage business locally thanks to a mix of underlying strengths for the market.

65. This week in Memphis History: Jan. 12-18 -

2008: The campaign of Democratic presidential nominee Barack Obama opens its Memphis headquarters in the Eastgate Shopping Center three weeks before the Feb. 5 Super Tuesday Tennessee presidential primary. Obama and U.S. Sen. Hillary Clinton of New York are competing for the nomination. In the February primary, Clinton will carry Tennessee but Obama will take Shelby County’s base of Democratic primary voters, the largest base of Democrats in a single county in the state.

66. Apple Apologizes For Slowing Older iPhones -

Apple apologized for secretly slowing down older iPhones, a move it said was necessary to avoid unexpected shutdowns related to battery fatigue.

Many customers had interpreted the move as a way to for Apple to juice demand for newer iPhone models, their suspicions fueled by the fact that the company didn’t initially disclose the slowdowns or its reasons for them.

67. Company Looking Beyond Frayser for Landfill Site -

Memphis Wrecking Co. (MWC) is looking at new areas throughout the city of Memphis in lieu of expanding its current landfill operations in Frayser.

68. 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.

69. AP Explains: Who's Affected by Computer Chip Security Flaw -

Technology companies are scrambling to fix serious security flaws affecting computer processors built by Intel and other chipmakers and found in many of the world's personal computers and smartphones.

70. Company Looking Beyond Frayser for Landfill Expansion -

Memphis Wrecking Co. is looking at new areas throughout the city of Memphis in lieu of expanding its current landfill operations in Frayser.

71. Attorney, Former Political Activist Lewis Donelson Dies at 100 -

In a century of life that began in Memphis, Lewis Donelson was many things including an attorney, politician and strategist. In all of those pursuits and others, he was one of the city’s most influential citizens and a force in some of the most historic moments in the city’s history as well as the state’s history.

72. Vice Suspends 2 Top Execs After Sexual Misconduct Report -

NEW YORK (AP) – Vice has suspended two top executives after a New York Times report on sexual misconduct at the digital media company.

Vice Media put its president, Andrew Creighton, and chief digital officer Mike Germano on leave as it investigates allegations against them, according to a company memo sent to employees Tuesday. A Vice spokesman declined to comment.

73. Apple Apologizes for Secretly Slowing Older iPhones -

Apple apologized for secretly slowing down older iPhones, a move it said was necessary to avoid unexpected shutdowns related to battery fatigue.

Many customers had interpreted the move as a way to for Apple to juice demand for newer iPhone models, their suspicions fueled by the fact that the company didn’t initially disclose the slowdowns or its reasons for them.

74. Eastman Expects to Reopen Tenn. Plant in Early ’18 -

A company expects its Tennessee chemical plant to be operating at full production in early 2018 after coal gas explosions in October.

Eastman Chemical Co. said this week that it has completed work on the coal gasification plant in Kingsport and is in the process of restarting it.

75. Democrats Look to Cooperate on Key Issues -

With the state’s budget projected to be tight and lawmakers lining up to run for re-election in 2018, the coming legislative session isn’t expected to yield many surprises.

But the 110th General Assembly still has a long row to hoe as the session starts Jan. 9 with new legislative offices and committee rooms in the renovated Cordell Hull Building in downtown Nashville.

76. Energy Savings Fuel Entegrity’s Growth -

With environmental issues becoming a more common consideration and saving money always in vogue, it’s a great time to be in the construction industry. Those are the sentiments of Entegrity Partners, which has benefitted from an industry shift in recent years to more sustainable buildings.

77. Memphis Sound at 60 -

As Stax Records and Royal Studios both wrap up a year of celebrating their 60th anniversary, The Memphis News looks back at the creators and purveyors of the Memphis sound and its significance, both in its heyday and today.

78. 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.

79. Tenet Looks to Sell Conifer Business, Cut More Costs -

Tenet Healthcare aims to expand its cost-cutting plan, sell a business and continue shaking up its board mix as the hospital chain seeks firmer financial footing.

Tenet’s holdings include Saint Francis Hospital-Memphis and Saint Francis Hospital-Bartlett.

80. To Be or Not to Be: Tennessee Shakespeare Company Expanding With New Facility -

Dan McCleary is the founder of the Tennessee Shakespeare Company. But that hasn’t obscured his view of reality, of the fact that many people were first introduced to Shakespeare in a high school classroom in a less than engaging way.

81. Put Managed IT Services on Your Holiday Wish List -

Business owners of all sizes have to tackle technology systems and infrastructure at some level. This can be daunting, time consuming and expensive if you’re not an IT expert. In fact, a recent survey by Alinean Inc., an ROI consultancy, found that the average small business spends 6.9 percent of its annual revenue on IT compared with larger companies, which only spend 3.2 percent of revenue on the same services. 

82. Fred’s Ends 2017 Where it Began: Amid a Turnaround, Looking for Growth -

You wouldn’t know it from walking into a Fred’s store like the one at 5016 Summer Ave., with the big sign above it outside that says Fred’s in red letters on a white background accompanied by signs announcing “Low Price Leader” and “Pharmacy” on either side.

83. NouriTech Ready to Construct Fish Feed Facility -

It’s been a little more than a year since Cargill and California-based Calysta announced the two companies would partner to bring an old corn mill on Presidents Island back to life with a brand new $120 million, state-of-the-art facility.

84. First Horizon Foresees Bigger Savings from Capital Bank Deal -

The parent company of First Tennessee Bank thinks it will save even more money than originally thought after its acquisition of North Carolina-based Capital Bank Financial Corp.

85. Apple Orchestrates Deal for Song-Recognition App Shazam -

SAN FRANCISCO (AP) – Apple has bought Shazam, the maker of a song-recognition app that Apple's digital assistant Siri has already been using to help people identify the music playing on their iPhones.

86. Dixie Cafe Closing All Locations, 2 in Memphis -

Dixie Cafe has abruptly announced the closure of all 17 restaurants in the chain, including two in the Memphis area.

The Southern-style home-cooking restaurant company, based in Little Rock, has restaurants at 2861 Bartlett Blvd. in Bartlett and 4699 Poplar Ave. in Memphis. Its restaurants extend across Tennessee, Arkansas and Oklahoma, and the company has been in business for 35 years.

87. Committee Outlines MLGW Proposals to Hike Rates -

Memphis City Council members paved the way Tuesday, Dec. 5, for a vote in two weeks on proposed increases to Memphis Light, Gas and Water Division electric, gas and water rates in the new year.

A council committee is recommending the following:

88. Committee Outlines MLGW Rate Hike Recommendations -

Memphis City Council members paved the way Tuesday, Dec. 5, for a vote in two weeks on proposed increases to Memphis Light, Gas and Water Division electric, gas and water rates in the new year.

A council committee is recommending the following:

89. Dixie Cafe Closing All Locations -

Dixie Cafe has abruptly announced the closure of all 17 restaurants in the chain, including two in the Memphis area.

The Southern-style home-cooking restaurant company, based in Little Rock, Arkansas, has restaurants at 2861 Bartlett Blvd. in Bartlett and 4699 Poplar Ave. in Memphis. Its restaurants extend across Tennessee, Arkansas and Oklahoma, and the company has been in business for 35 years.

90. AutoZone Posts Positive Q1 2018 Results -

A few weeks ahead of its annual meeting here set for Dec. 20, Memphis-based auto parts retailer AutoZone Inc. has kicked off its fiscal 2018 with better-than-expected earnings for the first three months of the year.

91. FedEx Agrees to Buy At Least 50 Cessna Planes -

FedEx Corp. subsidiary FedEx Express has entered into a purchase agreement with Textron Aviation Inc. to buy 50 Cessna SkyCourier 408 planes, with an option to purchase up to 50 more. The purchase is part of FedEx’s strategy to modernize its fleet of feeder aircraft, which allow the Memphis-based shipping giant to provide fast, economical service to small and medium-sized markets.

92. Trucking Technology Accelerates With Promise of Better Safety, Efficiency -

The notion of thousands of electric and autonomous semitractor-trailers sharing the road with more traditional passenger vehicles may seem like a scene from a futuristic movie, but that future could be much closer than it seems.

93. Memphis Fusion -

With more than 40 life science companies operating in the Greater Memphis area and Shelby County ranking second in the U.S. for orthopedic device manufacturing, the Mid-South can stake its claim as one of the top medical device markets in the world.

94. FedEx Agrees to Buy At Least 50 Cessna Planes -

FedEx Corp. subsidiary FedEx Express has entered into a purchase agreement with Textron Aviation Inc. to buy 50 Cessna SkyCourier 408 planes, with an option to purchase up to 50 more. The purchase is part of FedEx’s strategy to modernize its fleet of feeder aircraft, which allow the Memphis-based shipping giant to provide fast, economical service to small and medium-sized markets.

95. Collins Leaving as City's Chief Financial Officer -

City of Memphis chief financial officer Brian Collins is leaving the post he’s held for the last five years across two mayoral administrations to become executive director of the Illinois Municipal Retirement Fund, Collins announced Friday, Nov. 17. He is leaving City Hall in January and starts his new job Jan. 8.

96. Ignite Memphis Coming to New Ballet Memphis Digs -

If it was possible to create a mixtape of Memphis creativity, it might look like an event set to take place this week at Ballet Memphis.

The 11th edition of Ignite Memphis moves to Ballet Memphis’ new Overton Square space on Thursday, Nov. 16, bringing its signature slideshow-based presentation format to the ballet company’s Midtown digs. Organizers look for spaces like this – big enough to hold a crowd of around 300, and buzzy enough that people want to go there, be there and absorb what Ignite has to offer.

97. First Tennessee’s Walker Leading Push To Infuse Diversity Throughout Bank -

Memphis-based First Tennessee Bank is already the biggest bank in the state and award-winning for its work atmosphere. But the company isn’t resting on its laurels, instead forging ahead with unique strategies to better reflect the communities it is serving through a top-down, baked-in approach to ensuring diversity at every level of the organization.

98. Sports Complex Remains Driver of Fairgrounds Redevelopment Plan -

Parts of the city’s tentative plan for redevelopment of the Mid-South Fairgrounds may still come and go and the cost estimates could vary. But Memphis Mayor Jim Strickland’s administration made it clear at a Monday, Nov. 6, public meeting to unveil the most specific plan yet that a youth sports tournament complex is the anchor and driver of the financing for a redevelopment covering 175 acres.

99. CVS Bulks Up Delivery Service; Tops 3Q Earnings Expectations -

CVS Health is cranking up prescription deliveries to customer homes or workplaces, as the drugstore chain tries to squeeze more of an edge from a massive store network that puts 70 percent of the U.S. population within three miles of one of its locations.

100. Tenet Healthcare To Lay Off 1,300 Workers -

The parent company of Saint Francis Hospital in Memphis and Bartlett has announced a company-wide cost reduction effort intended to lower operating expenses by $150 million and will include cutting about 1,300 positions, including contractors.