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Editorial Results (free)

1. 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.

2. 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.

3. 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.

4. 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.

5. 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.

6. 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.

7. 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.

8. 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.

9. 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.

10. 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.

11. 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.

12. 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.

13. 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.

14. 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.

15. 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.

16. 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.

17. 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.

18. 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.

19. 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.

20. 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.

21. 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.

22. 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. 

23. 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.

24. 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.

25. 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.

26. 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.

27. 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.

28. 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:

29. 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:

30. 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.

31. 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.

32. 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.

33. 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.

34. 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.

35. 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.

36. 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.

37. 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.

38. 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.

39. 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.

40. 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.

41. 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.

42. Hilton Will Pay $700,000 to Settle Case Over Data Breach -

NEW YORK (AP) – Hotel operator Hilton will pay $700,000 to settle an investigation into two separate data breaches that exposed more than 350,000 credit card numbers.

The New York attorney general, who conducted an investigation along with his counterpart in Vermont, said Tuesday that one breach began in November 2014 and another in April 2015 but Hilton didn't tell consumers until November 2015.

43. Campbell Clinic Invests $30M In Germantown -

Campbell Clinic is in the throes of $30 million expansion of its Germantown campus, comprised today of a 60,000-square-foot clinic and 12,000-square-foot ambulatory surgery center on 15 acres near Wolf River Boulevard and Germantown Road.

44. 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.

45. Witnessing Real Change -

We host several Innovation Bootcamps each month. After doing this work for years, you expect a predictable pattern at each session. Surprisingly, it’s not in the transformational new thinking about the enterprise and the potential value that is created.

46. Owokoniran Focuses on Quality for Medtronic Patients -

Sometimes, talking about the weather isn’t boring at all. Sometimes what a person says about the weather helps explain his life story.

When Faheed Owokoniran stepped off the plane in Memphis in late 2015 for a job interview with Medtronic, he felt an immediate sense of relief. Owokoniran, now a senior sourcing engineer at medical-equipment powerhouse Medtronic, moved here from Mankato, Minnesota, land of ever-piling snow and 40-below temperatures. But before his years in Mankato – 2008 to 2016 – Owokoniran called Lagos, Nigeria, home.

47. Memphis Candy-Maker Dinstuhl's Celebrating 115 Years -

Enduring for five generations to celebrate its 115th birthday this year was no lucky turn of events for Dinstuhl’s Fine Candy Co. Inc.

48. Pettit Joins Food Bank As Chief Development Officer -

Attorney Peter Pettit has joined Mid-South Food Bank as chief development officer following his recent retirement as a partner in the Memphis office of Bass, Berry & Sims PLC. In his new role, Pettit works closely with food bank leaders to develop strategies and relationships with major gift donors, and specifically is working to complete the $12.5 million “Hunger to Hope” capital campaign.

49. Memphis Businesses Getting Smart About Internet of Things -

As cloud-based technologies continue to advance, a growing number of Memphis companies are hooking into the Internet of Things to become more efficient while offering consumers greater convenience.

50. ACA Sales Tax to Impact Businesses, Employees Starting In January 2018 -

With ongoing premium increases small and large businesses and their employees normally experience each year, the added cost of a new sales tax on health insurance premiums that goes into effect on Jan. 1 is expected to hit particularly hard.

51. DHL Planning New Memphis Distribution Facility -

0 Tchulahoma Rd.
Memphis, TN 38118

Tenant: DHL Supply Chain

Landlord: Belz Enterprises

52. Crosstown Crossroads -

For the past 90 years, Crosstown has seen its share of ups and downs. In the beginning, it was a shining beacon for the city’s eastward expansion; at its height, it anchored several vibrant and diverse neighborhoods; and at its lowest, Crosstown became the poster child for once-great inner-city areas of Memphis that had deteriorated.

53. Last Word: Pantographs & Catenaries, Grizz Uncertainty and Tuesdays Without Morrie -

After three years off the rails, the first significant indications that the trolleys are about to return. It was just a two-block ride that includes the Memphis Area Transit Authority trolley barn on North Main and one very new trolley. But it is a start through what is a very technical and bureaucratic process involving lots of safety vests, clipboards and video cameras.

54. Mercedes-Benz to Invest $1 Billion in Alabama, Add 600 Jobs -

FRANKFURT, Germany (AP) – Carmaker Mercedes-Benz announced Thursday that it will invest $1 billion to set up electric vehicle production at its Tuscaloosa, Alabama plant and to build a battery factory nearby, moves it said would create 600 new jobs.

55. FedEx Takes Profit Hit From Cyberattack in Q1 -

FedEx’s earnings per share for the first quarter were down year over year, as the Memphis-based shipping company continues to feel the effects of a June 27 cyberattack on subsidiary TNT Express that ended up costing $300 million.

56. Boyd Drops Beale Contract, But Says It Wasn't A Conflict of Interest -

Memphis City Council chairman Berlin Boyd ended his company’s fundraising contract with the Beale Street Merchants Association Tuesday, Sept. 19. But he again insisted the contract was not a conflict of interest in his duties as a council member voting on items involving the entertainment district.

57. Effects of June Cyberattack Cost FedEx $300 Million in Q1 -

FedEx’s earnings per share for the first quarter were down year over year, as the Memphis-based shipping company continues to feel the effects of a June 27 cyberattack on subsidiary TNT Express that ended up costing $300 million.

58. AutoZone Reports Mild Fiscal Fourth Quarter -

Memphis-based auto parts retailer AutoZone Inc. continues to find itself in an environment that’s unusual for the company and one that it’s not accustomed to, with the company’s fiscal fourth quarter sales bearing that out.

59. FedEx Pledges $1M To Hurricane Irma Clean-Up -

In the wake of Hurricane Irma, Memphis-based FedEx Corp. has announced it will commit $1 million in cash and transportation support to areas affected by the storm.

60. FedEx Pledges $1M To Hurricane Irma Cleanup -

In the wake of Hurricane Irma, Memphis-based FedEx Corp. has announced it will commit $1 million in cash and transportation support to areas affected by the storm. The announcement comes a few weeks after the company donated $1 million to Hurricane Harvey relief efforts.

61. Opioid Committee on Right Track, Obstacles Remain -

Smyrna Police Chief Kevin Arnold can remember the first time his detectives brought a heroin case to him three or four years ago.

“Of course, my reaction immediately was, ‘I thought that went away in the late 70s.’ But we’re seeing it. In fact, we are averaging approximately five heroin overdoses a month just in the town of Smyrna,” adds Arnold, whose city about 10 miles southeast of Nashville has a population of nearly 48,600.

62. Apple Unveils $999 iPhone X, Loses 'Home' Button -

CUPERTINO, Calif. (AP) – "One more thing." With that phrase, Apple paid homage to its late co-founder Steve Jobs for the 10-year anniversary of the iPhone on Tuesday when it unveiled its latest – and, at $999, its most expensive – new version of the device, the iPhone X.

63. Knoxville OKs $5M Upgrades to Expand Music, Event Space -

KNOXVILLE, Tenn. (AP) – A Tennessee city will spend a combined nearly $5 million for upgrades to its former convention center and the site of the 1982 World's Fair.

WBIR-TV reports that the Knoxville City Council approved spending $3 million on the World's Fair Park and $2 million on the former Knoxville Convention Center.

64. FedEx Commits $1M For Hurricane Harvey Relief -

FedEx Corp. is donating $1 million in cash and transportation support that will be used to deliver medical aid and supplies to those affected by Hurricane Harvey.

65. FedEx Commits $1M For Hurricane Harvey Relief -

FedEx Corp. is donating $1 million in cash and transportation support that will be used to deliver medical aid and supplies to those affected by Hurricane Harvey.

66. Highwoods in Talks to Backfill MassMutual Space at Triad III -

Even with a renewed interest in the city’s core and two new office buildings under construction, Class A space in the East Submarket is about as hot as it gets right now, so it’s not a surprise that the soon-to-be-vacated space currently occupied by a Memphis-based MassMutual firm in Triad Centre III has already drawn serious interest.

67. Computer Attacks Underscore Need for Cyber Insurance -

The cyberattack that hit FedEx subsidiary TNT Express in June, temporarily disrupting the company’s worldwide information systems, was a reminder about the fragility of digital systems that Herb Davis didn’t need.

68. South City Redevelopment Activity Heating Up -

The up-and-coming South City neighborhood is enjoying a resurgence of redevelopment activity lately, with the restoration of several historic properties, new multifamily construction and talk of bringing in a grocery store. The city and the Downtown Memphis Commission have been instrumental in the renewed interest, with noteworthy projects including the Clayborn Temple, the Universal Life Building and the demolition of Foote Homes.

69. Amid Retail and Industrial Successes, DeSoto Office Market Lags -

In the last few years, DeSoto County has become a magnet not only for retail development, but also for the industrial market.

Numerous new retail ventures have opened, and several other companies have opened industrial locations there, including FedEx Supply Services, XPO Logistics and Sephora.

70. Amid Retail and Industrial Growth, DeSoto County Office Market Lags -

In the last few years, DeSoto County has become a magnet not only for retail development, but also for the industrial market.

Numerous new retail ventures have opened, and several other companies have opened industrial locations there, including FedEx Supply Services, XPO Logistics and Sephora.

71. South City Redevelopment Heats Up With Renovations, New Construction -

The up-and-coming South City neighborhood is enjoying a resurgence of redevelopment activity lately, with the restoration of several historic properties, new multifamily construction and talk of bringing in a grocery store. The city and the Downtown Memphis Commission have been instrumental in the renewed interest, with noteworthy projects including the Clayborn Temple, the Universal Life Building and the demolition of Foote Homes.

72. Remaking Crosstown -

As he was leading tours through Crosstown Concourse this month, Todd Richardson took a small group to a set of windows for a balcony view of an addition being constructed on the north side of the property.

73. Lakeland's Lake District on Hold after 'Surprise' Foreclosure Notice -

Despite unveiling a new look and layout for the proposed Lake District development at a special meeting late Thursday, developer Yehuda Netanel’s plans were put on ice by Lakeland’s Industrial Development Board. That is at least until the matter of a “surprise” foreclosure notice could be sorted out.

74. One Decade Later: Effects of Financial Crisis Still Linger -

Ten years removed from the worst financial crisis since the Great Depression, the banking industry has transformed itself and wealth managers say investors remain leery.

Among other things, First Tennessee Bank jettisoned its national mortgage operation in the wake of the crisis. It refocused its attention and efforts around being a strong regional bank, as opposed to one with aggressive national ambitions. It trimmed headcount, boosted investment in technology and began to specialize, creating new industry-specific teams in verticals like health care and music-industry banking.

75. Craft Soda Ale-8-One Expands Distribution -

A craft soda with a Southern heritage spanning more than 90 years has expanded its distribution in Tennessee and now is showing up on Kroger shelves in Memphis.

Ale-8-One Bottling Co., maker of the popular ginger and citrus-based craft soda, announced that Kroger has placed it on their store shelves in Memphis and other Tennessee cities. Ale-8 is one of the South’s oldest craft sodas and has something of a cult following across the U.S.

76. Craft Soda Ale-8-One Expands Distribution -

A craft soda with a Southern heritage spanning more than 90 years has expanded its distribution in Tennessee and now is showing up on Kroger shelves in Memphis.

Ale-8-One Bottling Co., maker of the popular ginger and citrus-based craft soda, announced that Kroger has placed it on their store shelves in Memphis and other Tennessee cities. Ale-8 is one of the South’s oldest craft sodas and has something of a cult following across the U.S.

77. EdR Sees Drop In Q2 Net Income -

Memphis-based collegiate housing management and development specialists EdR posted second-quarter net income of $6.1 million, or 7 cents per diluted share, the company announced Monday, July 31.

While this figure is much lower than the $17.7 million, or 26 cents per diluted share, from the second quarter of last year, the company attributed the decline to a $12.1 million gain from the sale of collegiate housing properties during the year-ago period.

78. Barnes Tapped As New Tennessee Press Association President -

Eric Barnes, publisher and CEO of The Daily News Publishing Co. Inc., has become the next president of the Tennessee Press Association, the trade association for the state’s newspapers.

79. Next Big Leap for Apple? – Augmented Reality -

SAN FRANCISCO (AP) – Apple's iPhone may be ready for its next big act – as a springboard into "augmented reality," a technology that projects life-like images into real-world settings viewed through a screen.

80. Summertime Blues: Car Sales Head for 7th Straight Down Month -

DETROIT (AP) – U.S. sales of new cars and trucks showed declines in July as automakers cut back on low-profit rental car sales and consumers waited for Labor Day deals.

July was likely the seventh straight month of lower sales. Analysts have been predicting lower U.S. sales this year as demand levels out after an unprecedented seven straight years of growth.

81. Flying Ace Sully Makes Case Against Privatization -

WASHINGTON (AP) – Who are you going to trust when it comes to what's best for the flying public? Members of Congress or the hero of the Miracle on the Hudson, retired Capt. Chesley "Sully" Sullenberger?

82. EdR Sees Drop In Q2 Net Income -

Memphis-based collegiate housing management and development specialists EdR posted second-quarter net income of $6.1 million, or 7 cents per diluted share, the company announced Monday, July 31.

While this figure is much lower than the $17.7 million, or 26 cents per diluted share, from the second quarter of last year, the company attributed the decline to a $12.1 million gain from the sale of collegiate housing properties during the year-ago period.

83. EdR Sees Net Income Drop in Q2 -

Memphis-based collegiate housing management and development specialists EdR posted second-quarter net income of $6.1 million, or 7 cents per diluted share, the company announced Monday, July 31.

While this figure is much lower than the $17.7 million, or 26 cents per diluted share, from the second quarter of last year, the company attributed the decline to a $12.1 million gain from the sale of collegiate housing properties during the year-ago period.

84. Mueller Posts Stable Second-Quarter Earnings -

Memphis-based Mueller Industries Inc. posted net income of $27.6 million for the second quarter of 2017, or 48 cents per diluted share. The figure released Tuesday, July 25, compares to net income of $27.8 million for the second quarter of 2016.

85. International Paper Sees Record Fluff Pulp Sales -

Memphis-based International Paper Co. reported second-quarter net earnings of $80 million, or 19 cents per share, Thursday, July 27. That compares to $40 million in net earnings for the second quarter of 2016.

86. International Paper Sees Record Fluff Pulp Sales in Q2 -

Memphis-based International Paper Co. reported second-quarter net earnings of $80 million, or 19 cents per share, Thursday, July 27. That compares to $40 million in net earnings for the second quarter of 2016.

87. Mueller Posts Stable Earnings For Second Quarter -

Memphis-based Mueller Industries Inc. posted net income of $27.6 million for the second quarter of 2017, or 48 cents per diluted share. The figure released Tuesday, July 25, compares to net income of $27.8 million for the second quarter of 2016.

88. Fred’s Appoints New Chief Financial Officer -

Memphis-based Fred’s Inc. has appointed Jason Jenne as executive vice president and chief financial officer, effective immediately.

Fred’s announced Wednesday, July 19, that Jenne will succeed Rick Hans, who the company says is leaving “to pursue other opportunities.” Hans will remain in an advisory role until Aug. 18, working with Jenne to ensure a smooth transition.

89. Fred’s Appoints New Chief Financial Officer -

Memphis-based Fred’s Inc. has appointed Jason Jenne as executive vice president and chief financial officer, effective immediately.

Fred’s announced Wednesday, July 19, that Jenne will succeed Rick Hans, who the company says is leaving “to pursue other opportunities.” Hans will remain in an advisory role until Aug. 18, working with Jenne to ensure a smooth transition.

90. AutoZone’s Engine Starting to Stall -

AutoZone’s stock price is pointed in the opposite direction it’s been accustomed to for years now. Shares of the Memphis-based auto parts retailer are down more than 30 percent since the end of January. Needless to say, that’s an unusual place for the company, which continues to open new stores at a steady clip.

91. First Horizon Sees Growth in Second Quarter -

First Tennessee Bank’s parent company saw net income climb 61 percent in the second quarter and First Tennessee itself announced the largest merger in its history, but company chairman and CEO Bryan Jordan characterized the period for analysts pretty much the way he always does during earnings presentations.

92. Summer in the City -

Saturday night on Beale Street is more than a catch phrase for businesses there.

It is chapters in old, out-of-print books like Lt. George W. Lee’s “Where The Blues Began” that you can only see in the Memphis-Shelby County Room of the Central Library. You can’t check the book out because of its rarity and age. But you can also find references to the lore of Saturday nights on Beale Street on plaques in the entertainment district that current patrons walk past without even noticing.

93. Additional Sanitation Workers May Get Benefits -

The city of Memphis had 1,100 sanitation workers when the historic strike began in February 1968, with close to 1,000 of them walking off the job following the grisly deaths of two of their own trapped in the grinder of a garbage truck in East Memphis.

94. Council Approves Sanitation Workers Benefits -

There may be more than 14 city sanitation workers from 1968 who are still alive. And the city is double-checking its list as the Memphis City Council approved Tuesday, July 11, the payment of $50,000 grants to 14 of the workers it has already identified including four still working for the city.

95. The Week Ahead: July 10-16 -

Hello, Memphis! This week, a supercentenarian World War II veteran visits the Bluff City, a classic film flies into the Orpheum, and a piece of the Downtown skyline hits the auction block again. Check out what else you need to know about in The Week Ahead...

96. Need For Speed -

Access to high-speed broadband is a growing issue in Tennessee as technological advances in business and education become more digitally based. For the rural areas around Memphis and across the state, it is becoming a matter of disparity both on the workforce-training front and in classrooms. And the two are inextricably linked.

97. Microsoft Laying Off Thousands of Workers in Sales Shakeup -

REDMOND, Wash. (AP) – Microsoft is laying off thousands of employees in a shake-up aimed at selling more subscriptions to software applications that can be used on any internet-connected device.

98. Jernigan Capital Hits Investment Milestones -

Jernigan Capital – a publicly traded, Memphis-based provider of capital to self-storage entrepreneurs – is on a tear at the moment.

The company in recent days has closed three new self-storage development investment commitments totaling almost $50 million, including a co-investment of $26.5 million for a proposed 1,424-unit facility in Manhattan. The other investments are for facilities in Knoxville and in the Boston metro area, and construction on all three facilities is set to be finished by the end of second quarter 2018.

99. Analyst: Fred’s Not Seen as Viable Buyer of Rite Aid Stores -

Nick Mitchell, managing director and research analyst with Northcoast Research, didn’t have to do much work or analysis in the wake of news that Memphis-based Fred’s Inc. has been cut out of a deal between Walgreens and Rite Aid.

100. Fred’s Cut Out of New Walgreens, Rite Aid Deal -

Walgreens Boots Alliance has struck a new deal with Rite Aid to buy 2,186 of the chain’s stores for $5.18 billion, an agreement that replaces the two rivals’ planned merger. It also nixes the component of the merger involving Memphis-based Fred’s Inc. buying hundreds of Rite Aid stores to help the now-defunct merger pass regulatory muster.