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Editorial Results (free)

1. Monsanto Pays $80 Million to Settle Accounting Charges -

Monsanto will pay an $80 million penalty and several executives will pay smaller amounts to settle federal allegations that the agribusiness giant misstated its earnings by not properly disclosing the costs of a rebate program for its Roundup weed-killer.

2. Ex-Exec of Haslam-Owned Chain Pleads Not Guilty to Fraud -

NASHVILLE, Tenn. (AP) – The former president of the truck stop chain owned by Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam pleaded not guilty on Tuesday to participating in a conspiracy to defraud customers.

3. Feds Find Fiat Chrysler Gear Shifters Can Confuse Drivers -

DETROIT (AP) — Electronic gear shifters on some newer Fiat Chrysler SUVs and cars are so confusing that drivers have exited the vehicles with the engines running and while they are still in gear, causing crashes and serious injuries, U.S. safety investigators have determined.

4. Growing Freelance Economy Creates Financial, Tax Implications -

Gone are the days of the traditional 9-to-5 office setting dominating the white-collar landscape.

In fact, it’s estimated that a third of the U.S. workforce now freelances in some form. In a 2015 report from nonprofit organization Freelancers Union and Upwork, a company that provides platforms for freelancers to find work, it was revealed that 54 million Americans qualify as freelancers.

5. FedEx Targets $200M in Giving By Decade’s End -

Memphis-based FedEx has decided to approach its corporate giving in a new way, one focused on figuring out how to use its assets to make the biggest possible impact in communities.

The company announced this week it’s planning to invest $200 million in more than 200 communities by the end of the decade, part of a new global giving platform – FedEx Cares – the logistics giant has unveiled.

6. Fenced Out -

There’s a major problem in Memphis when it comes to minorities: African-Americans make up 63 percent of the population but garner less than 1 percent of total business receipts within Memphis, according to the most recent U.S. Census data.

7. Ford's 2015 Pretax Profit Jumps on Stronger sales -

DEARBORN, Mich. (AP) — Higher sales in most of the world helped Ford Motor Co. achieve a record pretax profit in 2015, but investors remain skittish that the good news won't keep coming.

8. Medical Startup Trades Texas for Germantown -

David Leon’s medical device startup is the latest addition to a rapidly expanding health care, biotech and life sciences landscape in the Memphis area.

9. The 5 Applicants for Mud Island Redevelopment -

Each company that applied to redevelop Mud Island River Park has a month to submit its detailed proposal, including specific plans and how they would be financed, to the Riverfront Development Corp.

10. Five Mud Island Proposals Go Public -

A Memphis resort hotel group headed by mortgage banker and hotel manager Paul Westphal is proposing a 500-room resort hotel and spa in Mud Island River Park that would incorporate the island’s River Walk in its lobby.

11. Logistics Startup Exec: Amazon Gunning for FedEx -

The number of voices in the technology world convinced that Amazon has stuck a target on the back of FedEx – as well as its larger competitor, UPS – continues to grow.

The latest is Matthew Hertz, director of operations at package shipment startup Shyp. He took to social networking service LinkedIn in recent days to pen a commentary about why Amazon’s emergence as a significant logistics alternative appears to be a matter of when, not if.

12. OR Nurses Nationwide Donates $175,000 -

Several Memphis entities received 2015 year-end charitable gifts from OR Nurses Nationwide, which has offices in Memphis, Dallas and Houston.

Gifts of $25,000 each were given to Le Bonheur Children's Hospital, Church Health Center, Baptist College of Health Sciences School of Nursing and Youth Villages. A gift of $20,000 went to the University of Memphis' Loewenberg School of Nursing.

13. Last Word: Secrets In A Small Town, Bullard Bounce and Beale & Mud Island -

Munford! A winning Powerball ticket for the largest jackpot ever was sold in Munford and that warrants a rare exclamation mark.
Possibly two when you consider that small towns are supposed to be places where it is nearly impossible to keep a secret – at least from the other folks in the town.
The fact that it was sold at Naifeh’s, a long-standing Tipton County business institution adds to the story.
The person who bought the ticket in Munford holds one of three winning tickets which comes out to about $582 million for that ticket.
That is roughly the size of the city of Memphis operating budget.
There was a similar mystery underway Thursday in Dyersburg where someone bought a Powerball ticket worth a paltry $2 million. Probably worth an exclamation mark if I wasn’t over the limit and already feeling the unspoken disdain of my reporting brethren who are judging me harshly as you read this.

14. New Memphis COO Doug McGowen Knows Importance of Carrying Out Orders -

From age 13 until he finished college, Doug McGowen was filling in his summers and college breaks with work. Real work. Sweat-on-the-brow work.

He grew up in Meadville, a small town in northwest Pennsylvania. And there he toiled for a small family-owned construction company, doing whatever was asked.

15. ServiceMaster CEO Talks Vision, New Corporate Identity -

One of the priorities that ServiceMaster CEO Robert Gillette sees as coming with his job is the need to make sure employees know they’re “part of something special.”

The importance of that implied storytelling took on a physical form this week with the launch of ServiceMaster Experience, a 1,000-square-foot interactive “home on wheels.” Packed inside that truck, which also brandishes a new corporate identity for ServiceMaster, are things like digital kiosks and interactive exhibits that give customers tactile representations of work handled by ServiceMaster’s myriad brands.

16. Collierville Assisted Living Facility Sells for $17 Million -

601 Wolf River Blvd.
Collierville, TN 38017

Sale Amount: $17 million

Sale Date: Dec. 29, 2015

17. Tunica Casino Union Vote Delayed On Worker Pressure Charges -

JACKSON, Miss. (AP) – A vote on unionization by dealers at the MGM Gold Strike Casino in Tunica County has been put off amid charges that MGM Resorts International broke federal law while campaigning against union representation.

18. US Employers Hire at Robust Pace, Defying Global Trends -

WASHINGTON (AP) — The U.S. economy is motoring ahead despite slowing global growth that caused upheavals in financial markets around the world this week.

Employers added a robust 292,000 jobs last month, and the unemployment rate stayed low at 5 percent, the Labor Department said Friday. Job gains in the October-December quarter averaged 284,000, the best three-month increase since last January.

19. OR Nurses Nationwide Donates $175,000 -

Several Memphis entities received 2015 year-end charitable gifts from OR Nurses Nationwide, which has offices in Memphis, Dallas and Houston.

Gifts of $25,000 each were given to Le Bonheur Children's Hospital, Church Health Center, Baptist College of Health Sciences School of Nursing and Youth Villages. A gift of $20,000 went to the University of Memphis' Loewenberg School of Nursing.

20. Pilot Distribution Center Sells for $11.9 Million -

The 605,000-square-foot Pilot Distribution Center in Southeast Memphis has sold for $11.9 million.

Sealy Strategic Equity Partners LP, working as Sealy Pilot LLC, purchased the industrial warehouse at 4221 Pilot Drive from Pilot Distribution Center Inc. on Dec. 22, according to a warranty deed.

21. Netflix Expands Into 130 More Countries in Surprise Move -

SAN FRANCISCO (AP) — Netflix has already crossed off the biggest item on its New Year's list of resolutions. The Internet video service debuted in 130 countries Wednesday in a surprise move likely to reel in millions of new subscribers.

22. Pilot Distribution Center Sells for $11.9 Million -

The 605,000-square-foot Pilot Distribution Center in Southeast Memphis has sold for $11.9 million.

Sealy Strategic Equity Partners LP, working as Sealy Pilot LLC, purchased the industrial warehouse at 4221 Pilot Drive from Pilot Distribution Center Inc. on Dec. 22, according to a warranty deed.

23. Mall of Memphis Property Bought by Trucking Company -

113-Acre Former
Mall of Memphis Site
Sale Amount: $3.9 million

Sale Date: Dec. 29, 2015
Buyer: TAG Real Estate Holdings LLC
Seller: Memphis Industrial Properties LLC (Johnson Development Associates Inc.)
Loan Amount: $23 million
Loan Date: Dec. 29, 2015
Lender: Mercedes-Benz Financial Services USA LLC
Details: The 113-acre former Mall of Memphis property has a new owner. TAG Real Estate Holdings, an affiliate of Memphis-based TAG Truck Enterprises LLC, paid $3.9 million, or $34,513 an acre, to buy the property from Johnson Development Associates Inc., acting as Memphis Industrial Properties LLC.

24. The Good and Bad of Memphis’ Fortune 500 -

During a breakfast meet-and-greet with young professionals earlier this fall at International Paper’s newly opened building on its Poplar Avenue campus, IP chairman and CEO Mark Sutton recalled attending an investor day event during his first month on the job.

25. iBank Tower Sells for $19.2 Million -

The iBank Tower, located at 5050 Poplar Ave., has sold for $19.2 million, and for the first time, the same owner controls both the iBank Tower and the nearby Clark Tower at 5100 Poplar Ave.

26. Steamship Supporters Seek Exemption to Resume Cruises -

HELENA-WEST HELENA, Ark. (AP) – Supporters of the Delta Queen say they'll continue working to get Congress to approve an exemption that would allow the historic steamship to resume cruises on the Mississippi River.

27. FDA Signs Off on Medtronic Infuse Bone Graft -

The U.S. Food and Drug Administration has signed off on new spine surgery uses for Medtronic’s Infuse Bone Graft.

Once the company gets final labeling approval from the FDA for its product, Medtronic expects to start marketing the expanded use cases early next year.

28. Last Word: The Force Reawakens, Methodist Expands and Setting Up 2016 -

Last Word is a new daily online column that offers an overview of what’s happened at the end of shift, so to speak. Picture a dimly lit newsroom in the Downtown night and the last person in the place leaving a memo for the morning shift and you have a pretty good idea of what we are aiming for.

29. Next Evolution Of Social Media -

This column is the fifth in an 11-part series on the Top Ten 2016 Marketing Trends. Check back for the remainder of the series and a deep dive into each of these trends.

With the New Year almost upon us, it’s time to adjust your marketing strategy to propel your company’s growth in 2016. Reflect on what worked and what didn’t with your 2015 plan, and consider trends on the horizon that could further amplify your results.

30. The Week Ahead: Dec. 14, 2015 -

How was your weekend, Memphis? Here’s our weekly rundown of local happenings you need to know about, from the annual AutoZone shareholder convergence Downtown to the new Star Wars movie...

31. FDA Signs Off on Medtronic Infuse Bone Graft -

The U.S. Food and Drug Administration has signed off on new spine surgery uses for Medtronic’s Infuse Bone Graft.

Once the company gets final labeling approval from the FDA for its product, Medtronic expects to start marketing the expanded use cases early next year.

32. Scotts LawnService to Merge With TruGreen -

Memphis-based TruGreen Holdings Inc. is merging in a joint venture with the Scotts LawnService division of Scotts Miracle-Gro Co. of Marysville, Ohio.

33. Scotts LawnService to Merge With TruGreen -

Memphis-based TruGreen Holdings Inc. is merging in a joint venture with the Scotts LawnService division of Scotts Miracle-Gro Co. of Marysville, Ohio.

34. Shelby County Mortgage Market Up 18 Pct. in November -

When Sam Goff gets phone calls these days from prospective homebuyers wanting to start the mortgage loan process, the conversations tend to start the same way.

35. Shares of DuPont, Dow Soar on Reports of Merger Talks -

DOVER, Del. (AP) — Shares of Dow Chemical and DuPont were trading sharply higher Wednesday amid reports that the two chemical giants are in advanced merger discussions.

The Wall Street Journal reported Tuesday that the companies were planning to merge and then split into three companies focused on agriculture, specialty chemicals and materials.

36. AutoZone Profit, Sales Up in Latest Quarter -

Ahead of its annual meeting in Memphis next week, AutoZone’s fiscal first-quarter results for the period ended Nov. 21 showed the car parts retailer working to deliver on its 2016 operating mantra: “Yes, we’ve got it.”

37. ZeroTo510 startup SweetBio raises another $900,000 -

One of the most recent companies to participate in the Memphis Bioworks Foundation’s ZeroTo510 medical device accelerator program has raised another $900,000 in venture capital funding.

That new equity financing raised by SweetBio, a medical device startup specializing in wound-healing biomaterials with a dental focus, brings the venture’s total raise to more than $1 million in the past six months.

38. Memphis, North Mississippi Competition Raises Questions -

When leaders of the city-county Economic Development Growth Engine didn’t grant developers a $24 million tax abatement to build an industrial park on the site of the former Mall of Memphis, some saw it as more kindling for competition between the industrial markets of North Mississippi and Southeast Shelby County.

39. Versant Inks Office Lease at Germantown Park -

Memphis-based Versant Supply Chain is going corporate with a newly signed anchor tenant lease in the Germantown Park office development near Germantown Parkway and Walnut Grove.

The seven-year commitment is a big move for Versant, which has been operating out of built-in office space at its 4105 Mendenhall Road warehouse.

40. Hard Work Leads to Success For Aunt Key’s Apothecary -

Carla Worth was a single mom of a 2-year-old, working two jobs and going to school.

Busy would be an understatement. But Worth also had a realization: Though she had several employment opportunities, she discovered she was pretty good at cleaning houses. And it worked well with her schedule.

41. 3 Trends for the Holidays -

NEW YORK (AP) — The holiday season is upon us. Here's what shoppers can expect if they're heading out to stores at any point during the holiday shopping season:

NO FIGHTING OVER MUST-HAVE GIFTS

42. Pfizer, Allergan $160B Deal Forms World's Largest Drugmaker -

Pfizer and Allergan are joining in the biggest buyout of the year, a $160 billion stock deal that will create the world's largest drugmaker.

It's also the largest so-called inversion, where an American corporation combines with a company headquartered in a country with a lower corporate tax rate, saving potentially millions each year in U.S. taxes.

43. Payments Company Payscape Expands to Memphis -

The financial technology company Payscape has landed in Memphis, opening an office here with plans to ramp up quickly as it works to introduce the community to its merchant services and payment processing capabilities.

44. Germany's Largest Trade Union Opening US Office Near Nashville -

NASHVILLE, Tenn. (AP) — Germany's largest trade union is opening a joint office with the United Auto Workers in Tennessee to promote labor issues at German automakers and suppliers in the southern United States.

45. D1 Sports Training Facility Sells for $4.1 Million -

85 Market Center Drive
Collierville, TN 38107

Sale Amount: $4.1 million

Sale Date: Nov. 5, 2015

46. Mallory Alexander Gets Shanghai License -

Memphis-based Mallory Alexander International Logistics can begin direct operations in Shanghai with word Thursday, Nov. 5, that the company has been granted a Class A forwarder’s license.

The operations under that license will be centered in Shanghai and will mean an expansion of Mallory Alexander’s existing operations in Asia.

47. High-Tech Means Higher Sales for Many Small Retailers -

NEW YORK (AP) — An independent retailer may not look like the cutting edge of technology, but these small businesses increasingly turn to apps and sophisticated software to connect with customers.

48. New Tech901 Expands City’s Tech Field -

A new nonprofit has launched in Memphis to help guide technology job growth, while showing outside companies advantages of doing business in the Bluff City.

Tech901’s mission is to train current and potential Memphians for a variety of technology jobs while working with employers to increase the local technology job base.

49. Shelby County Mortgage Market Up 10 Percent in October -

Shelby County’s mortgage market is now mid-way through the final quarter of the year, but, judging from the market’s performance in October, the typical year-end slowdown hasn’t materialized yet.

50. Mallory Alexander Gets Shanghai License -

Memphis-based Mallory Alexander International Logistics can begin direct operations in Shanghai with word Thursday, Nov. 5, that the company has been granted a Class A forwarder’s license.

The operations under that license will be centered in Shanghai and will mean an expansion of Mallory Alexander’s existing operations in Asia.

51. Visa to Buy Visa Europe in Deal That Could Exceed $23B -

NEW YORK (AP) — Payment processing giant Visa announced plans Monday to buy its sister company, Visa Europe, in a deal that could be worth more than $23 billion and would consolidate all of Visa's operations worldwide.

52. EPA says Volkswagen Cheated a 2nd Time on Pollution Tests -

WASHINGTON (AP) — The U.S. government says Volkswagen cheated a second time on emissions tests, programming about 10,000 cars with larger diesel engines to emit fewer pollutants during testing than in real-world driving.

53. MAA Sees Growth In Third Quarter -

Mid-America Apartment Communities Inc. has reported core funds from operations at $1.38 per diluted common share for the third quarter ended Sept. 30, the company announced this week.

54. International Paper’s Q3 Off 38 Pct. From Previous Year -

International Paper Co. reported Wednesday, Oct. 28, that it earned $220 million, or 53 cents per share, in third quarter 2015.

55. Pfizer, Allergan in Deal Talks to Create Drug Giant -

TRENTON, N.J. (AP) — Pfizer and Botox maker Allergan are discussing a potential deal that could be the biggest of 2015, a year marked by a rapid-fire pace of megadeals, particularly in health care.

56. MAA Sees Growth In Third Quarter -

Mid-America Apartment Communities Inc. has reported core funds from operations at $1.38 per diluted common share for the third quarter ended Sept. 30, the company announced this week.

57. International Paper's Third-Quarter Earnings Off 38 Pct. -

International Paper Co. reported Wednesday, Oct. 28, that it earned $220 million, or 53 cents per share, in third quarter 2015.

58. Bipartisan Brakes for Governor Haslam’s Privatization Push -

Plans to put Tennessee’s real estate and government operations in the hands of private business are much further along than Gov. Bill Haslam would like people to think.

A master of downplaying big issues, Haslam says he’s simply looking for ways to make government run more efficiently and save money.

59. McDonald's US Sales Edge Up for First Time in 2 Years -

NEW YORK (AP) — McDonald's sales edged up at established U.S. locations during the third quarter, snapping a streak of about two years of quarterly declines.

The world's largest burger chain also said sales rose 4 percent on a global basis at established locations. In the U.S., the figure rose 0.9 percent, marking the first increase since the third quarter of 2013. The bump was the result of a higher average check, however, which offset a decline in traffic. That means McDonald's still has a long way to go in fixing its business.

60. McLean Wilson To Address Crosstown’s Resurgence -

Four years ago, the Sears Crosstown building started on a complete transformation into becoming a vertical urban village as Crosstown Concourse. It hasn’t been an easy journey for McLean Wilson, leader of the abandoned building’s $200 million redevelopment, but it’s one that has the potential to uplift other disinvested areas in Memphis commercial real estate.

61. Dunavant Touts Direct Sales -

Woodson Dunavant and Don Lake are used to the question now that Dunavant Enterprises is through its non-compete with Dreyfus Commodities, the company that bought its global cotton operation in 2010.

62. Memphis Health Care Staffing Company Tweaks Brand -

A female-owned, Memphis-based health care business is tweaking its brand to reflect the full scope of its footprint and convey its national ambitions.

Source One Healthcare Professionals Inc., the corporate umbrella for health care organizations in two states, is altering its OR Nurses brand in Memphis and rebranding two Texas acquisitions under its new OR Nurses Nationwide brand.

63. Government Tests Technology to Find Illegal Drone Operators -

WASHINGTON (AP) — The Federal Aviation Administration has signed an agreement to test technology that could locate the operators of small drones that are flying illegally near airports, as the government tries to crack down on near-collisions with manned aircraft.

64. Google is Latest Tech Giant to Claim Space in Mobile News -

NEW YORK (AP) — Technology giants including Apple, Facebook, Snapchat and now Google want to take charge of how we get and see news on our phones.

Google on Wednesday was the latest company to announce a news-focused tool. It is designed to speed up how fast stories appear on a phone's screen after a Google search. It's not widely available yet, but could emerge as a key source of traffic and ad revenue for publishers, and not just news providers, as people increasingly rely on their handheld gadgets.

65. Twitter Gives Co-Founder Jack Dorsey a 2nd Chance as CEO -

SAN FRANCISCO (AP) — Twitter is embracing Jack Dorsey as its CEO in hopes that its once-spurned co-founder can hatch a plan to expand the short messaging service's audience and end nearly a decade of financial losses.

66. 3M, Subsidiary Sued in Circuit Court -

A machine used to warm patients in operating rooms is at the center of a $20 million lawsuit filed Monday, Sept. 21, in Shelby County Circuit Court.

John Forsythe, a FedEx employee who lives in Byhalia, Miss., is suing The 3M Co. and its subsidiary, Arizant Healthcare Inc., claiming a Bair Hugger forced-air warming machine used during his knee surgery at Saint Francis Hospital last year was responsible for an infection he developed after leaving the hospital.

67. Caterpillar Says It Could Cut 10,000 Jobs to Reduce Costs -

Caterpillar is planning another round of job cuts that could exceed 10,000 people through 2018, as the construction and mining equipment maker adjusts to downturns in key markets.

That could amount to more than 8 percent of the 126,800 employees it had globally as of June.

68. Volkswagen CEO Steps Down, Takes Responsibility for Scandal -

BERLIN (AP) — Volkswagen CEO Martin Winterkorn resigned Wednesday, days after admitting that the world's top-selling carmaker had rigged diesel emissions to pass U.S. tests during his tenure.

69. 3M, Subsidiary Sued in Shelby County Circuit Court -

A machine used to warm patients in operating rooms is at the center of a $20 million lawsuit filed Monday, Sept. 21, in Shelby County Circuit Court.

John Forsythe, a FedEx employee who lives in Byhalia, Miss., is suing The 3M Co. and its subsidiary, Arizant Healthcare Inc., claiming a Bair Hugger forced-air warming machine used during his knee surgery at Saint Francis Hospital last year was responsible for an infection he developed after leaving the hospital.

70. Highland Row Developer Seeks Permit for Parking Garage -

Highland Row
Parking Garage
Permit Amount: $5 million

Application Date: September 2015
Completion: Late summer 2016
Owner: Poag Shopping Centers LLC
Architect: Looney Ricks Kiss
Contractor: Milhaus Development LLC
Details: Indianapolis-based developer Milhaus Development LLC and Memphis-based Poag Shopping Centers LLC have pulled a $5 million building permit as they continue developing the new Highland Row urban infill development.

71. Central Defense Security Eyes Expansion in Mississippi, Texas -

Memphis-based Central Defense Security has opened four branches in three states since first setting up shop in Memphis in July 2005.

Those offices have served the firm well for the first decade of its existence, helping it grow to employ today between 1,500 to 1,600 people, estimates chief operating officer Larry Carroll. The firm also has expanded its security plan services into an assortment of new industry categories, from hospitals to retail lots, office buildings and more.

72. FedEx Sees Weaker-Than-Expected First Quarter -

Affected by higher operating costs in its ground division and weaker demand for freight services, FedEx Corp. had to lower its projected earnings for fiscal 2016.

73. Soul Fish Cafe Expanding in Cooper-Young, Opening in Little Rock -

Memphis-based Soul Fish Cafe is cooking up an expansion, both in Memphis and beyond.

The restaurant, with three locations in Shelby County, is preparing to break ground on No. 4 next month. It’s set for downtown Little Rock, the company’s first location outside of the Memphis area as well as its first in a Downtown district.

74. $83.6 Million Rental-Home Deeds Filed With County Register -

Deeds related to New York-based Cerberus Capital Management’s purchase of more than 1,000 rental homes in Shelby County have been filed with the county Register’s Office.

Cerberus affiliate CSMA BLT LLC purchased 1,024 rental homes from BLTREJV3 Memphis LLC, an affiliate of BLT Homes, for a combined $83.6 million, according to five Aug. 31 special warranty deeds.

75. $83.6 Million Rental-Home Deeds Filed With County Register -

Deeds related to New York-based Cerberus Capital Management’s purchase of more than 1,000 rental homes in Shelby County have been filed with the county Register’s Office.

Cerberus affiliate CSMA BLT LLC purchased 1,024 rental homes from BLTREJV3 Memphis LLC, an affiliate of BLT Homes, for a combined $83.6 million, according to five Aug. 31 special warranty deeds.

76. Gescheit Joins Dunavant Logistics -

Rangi Gescheit has joined the Dunavant Logistics Group as logistics services & operations administrator, export. Gescheit, who served in the Israeli Defense Forces as a deputy in criminal special investigation, began his career at Port Elizabeth, N.J. Most recently he was a trade lane manager with DHL Global Forwarding.

77. Memphis Call Center Added As PILOT Resource -

A Memphis-based national call center has been added as a new resource for companies getting tax breaks in Memphis.

Operating in Clark Tower, at 5100 Poplar Ave., Ashaun LLC is now available to work with participating payment-in-lieu-of-taxes recipients as a diverse supplier under the “contracting services” component of the program.

78. Business Lending in Recovery Mode -

The U.S. Small Business Administration estimates that small businesses provide more than half of all American jobs.

But since the Great Recession changed the economic landscape in 2008, how those small businesses go about gaining funding to operate or upgrade has changed. In fact, while the economic downturn hit big business, it also had a major hand in reshaping the nation’s small businesses.

79. Is State’s Role to Provide a Service or Turn a Profit? -

Tennessee Gov. Bill Haslam appears to be on the brink of privatizing state government. But he won’t be able to do it without a battle, especially from university unions and Democratic lawmakers.

80. Memphis Call Center Added As PILOT Resource -

A Memphis-based national call center has been added as a new resource for companies getting tax breaks in Memphis.

Operating in Clark Tower, at 5100 Poplar Ave., Ashaun LLC is now available to work with participating payment-in-lieu-of-taxes recipients as a diverse supplier under the “contracting services” component of the program.

81. Google Tries to Woo iPhone Owners With Android Watch App -

SAN FRANCISCO (AP) — Google is introducing an application that will connect Android smartwatches with Apple's iPhone, escalating the rivals' battle to strap their technology on people's wrists.

82. FedEx Trade Networks Taps Udo Lange as New COO -

FedEx Trade Networks has appointed a new chief operating officer to help lead the freight forwarding and customs brokerage division of FedEx Corp.

83. Retailer Fred’s Discloses Information Breach -

Fred’s Inc. has disclosed a breach of two company servers through which payment card data is routed.

In a recent regulatory filing, the retailer said it made the determination after an investigation by a third-party cybersecurity firm. According to Fred’s, that investigation uncovered the presence of malware on the two servers starting March 23, operating on one server through April 8 and on the other until April 24.

84. Verso to Lay Off 600 in Maine, Kentucky -

Verso Corp. is permanently eliminating 300 jobs in Maine and laying off another 300 in Kentucky as it reduces production of coated paper and dried market pulp.

85. Target Is Getting its Groove Back: Turnaround Takes Hold -

NEW YORK (AP) — Target is on its way back.

Shoppers are visiting the company's stores more often and spending more on each trip, the Minneapolis-based discount-store chain said Wednesday. The company raised its annual profit outlook and said its second-quarter net income more than tripled.

86. Retailer Fred’s Discloses Information Breach -

Fred’s Inc. has disclosed a breach of two company servers through which payment card data is routed.

In a recent regulatory filing, the Memphis-based retailer said it made the determination after an investigation by a third-party cybersecurity firm. According to Fred’s, that investigation uncovered the presence of malware on the two servers starting March 23, operating on one server through April 8 and on the other until April 24.

87. FedEx Trade Networks Taps Udo Lange as New COO -

FedEx Trade Networks has appointed a new chief operating officer to help lead the freight forwarding and customs brokerage division of FedEx Corp.

88. Google Forms a New Holding Company, 'Alphabet' -

SAN FRANCISCO (AP) — Google is creating a new company to oversee its highly lucrative Internet business and a growing flock of other ventures, including some — like building self-driving cars and researching ways to prolong human life — that are known more for their ambition than for turning an immediate profit.

89. Moving Slowly, Growing Quickly -

Time was, crossing Lower Broadway safely only meant dodging woozy country music fans, speeding cabs and the occasional errant tour bus.

They’re all still there, but they’ve been joined by a wide and growing variety of small-motor or human-powered vehicles shuttling residents and tourists in and around downtown Nashville.

90. International Paper Reports Second-Quarter Earnings Growth -

International Paper reports its second-quarter net earnings grew while net sales for the quarter decreased slightly.

The Memphis-based company, which released its quarterly financial results Wednesday, July 29, said second-quarter net earnings totaled $227 million, or 54 cents per share. That’s up from $161 million, or 37 cents per share, in second quarter 2014, but down from $313 million, or 74 cents per share, in first quarter 2015.

91. Ford Surprises in 2Q With Record North American Profit -

DEARBORN, Michigan (AP) — Ford Motor Co.'s net income jumped 44 percent to $1.9 billion in the second quarter as global sales rose and customers paid more for new trucks and SUVs with premium features.

92. Commission Rejects Cordova Pay Day Loan Business, Spars Over Tax Collections -

Shelby County Commissioners approved Monday, July 27, renaming the Shelby County Courthouse at 140 Adams Ave. in honor of the late Circuit Court Judge and civil rights activist D’Army Bailey.

93. Dunavant Bulks Up in Memphis, Texas -

Richard McDuffie was busy working in his East Memphis office when a company representative delivered the news.

94. Ikea Buys Cordova Acreage For Planned Memphis Store -

41 Acres for
Future Ikea Store

Sale Amount: $5.7 million

Sale Date: July 10, 2015

Buyer: IKEA Property Inc.

95. Google Shareholders Revel in Record 1-Day Windfall of $65.1 Billion -

SAN FRANCISCO (AP) – Google's stock roared out of a long slumber Friday to produce the biggest shareholder windfall in U.S. history as investors rewarded the Internet company for promising to curb its spending on risky projects.

96. REIT Buys Sears Properties in Sale-Leaseback -

In part of a major transaction to increase cash flow and make their retail spaces more productive, Sears Holdings Corp. sold four Memphis properties to its newly formed public real estate investment trust, Seritage Growth Properties, for a combined $17.6 million.

97. Apple's Updates iPod Touch Amid Declining Sales -

NEW YORK (AP) – Although the iPod's popularity has waned, Apple is updating its music player for the first time in nearly three years by giving the flagship Touch model a faster processor and better cameras.

98. REIT Buys Sears Properties in Sale-Leaseback Transaction -

In part of a major transaction to increase cash flow and make its retail spaces more productive, Sears Holdings Corp. sold four Memphis properties to its newly formed public real estate investment trust, Seritage Growth Properties, for a combined $17.6 million.

99. One Beale Nabs 20-Year Tax Freeze -

The developers behind One Beale have earned key pieces of the public-private partnership they say is necessary to pursue the twin tower project overlooking the Mississippi River.

Memphis-based Carlisle Corp. on Tuesday, July 14, received a 20-year payment-in-lieu-of-taxes incentive and a $10 million contribution toward a public parking garage from the Center City Revenue Finance Corp.

100. Boner, Fate and the Summer of Shame -

Phil Bredesen knew what he was trying to do. He just didn’t know if he could accomplish it.

“I had this sense that Nashville was ready for change,” says the former Metro mayor and Tennessee governor, reflecting on his early motivation for taking on the system that had run Nashville for decades.