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Editorial Results (free)

1. University of Memphis, UTHSC May Soon Face Outsourcing Decisions -

Forty-one state lawmakers signed a letter requesting the state put a hold on its outsourcing plans until the General Assembly can scrutinize its effect on state workers and services.

The state is set to sign a contract April 28 with Chicago-based JLL for facilities management work that could be used by universities and departments statewide. Even local government jobs could be doled out to the contractor.

2. Hitting the Ceiling -

Nearly every growing company faces a phenomenon – at multiple points in its growth trajectory – where the leadership team feels stuck, growth stalls or halts, and everything starts to feel complex. The strategies of the past that served them so well are no longer working. Revenue has plateaued and frustration is creeping into the organization.

3. Overcoming Opioids: The Quest for Less-Addictive Drugs -

Tummy tucks really hurt. Doctors carve from hip to hip, slicing off skin, tightening muscles, tugging at innards. Patients often need strong painkillers for days or even weeks, but Mary Hernandez went home on just over-the-counter ibuprofen.

4. City Council Abolishes Beale Street Authority -

The year-old Beale Street Tourism Development Authority quietly went out of business this week without a single objection to be heard at City Hall.

The authority was abolished Tuesday, April 11, by the Memphis City Council.

5. Wells Fargo Claws Back $75M From Top Execs in Sales Scandal -

NEW YORK (AP) – The problems at Wells Fargo and its overly aggressive sales culture date back at least 15 years, and management had little interest in dealing with the issue until it spiraled out of control resulting in millions of accounts being opened fraudulently, according to an investigation by the company's board of directors.

6. “Gateway’ Puzzle Begins To Come Together -

Starting last summer, a new ownership group for the city’s largest hotel by room count was undertaking its due diligence largely out of the public eye.

There were some rumblings about the Sheraton Memphis Downtown changing hands three years after a renovation of the 600-room hotel attached to the Memphis Cook Convention Center.

7. City's Largest Hotel Changes Hands In Latest 'Gateway' Puzzle Piece -

The largest hotel in the city by room count is changing hands in what is a key part of the city’s effort to remake the Memphis Cook Convention Center as a part of a larger “Gateway project” in the general convention center area.

8. Wiseacre Tables Plans to Build Brewery in Coliseum -

Wiseacre Brewing Co.'s plans to expand into the Mid-South Coliseum are off but could re-emerge somewhere down the road as the city administration renews discussions about a fuller renovation of the Mid-South Fairgrounds.

9. Memphis Continues Pursuit of New Convention Center Hotel -

More Downtown hotel rooms. Lots of them. And preferably under one roof.

“We need a big hotel,” said Chuck Pinkowski of Pinkowski & Co. “Four hundred, 500, 600, 800, 1,000. We need a big hotel at the Cook Convention Center to see more conventions. The question is: How do you fund improvements to the convention center and how do you fund a big hotel?”

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

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

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

11. Trump's Budget Priorities Set Small Businesses Strategizing -

NEW YORK (AP) – The priorities laid out in President Donald Trump's budget message have some small business owners strategizing how they might benefit from a big boost in defense spending, and others thinking about how to make up for revenue they could lose to cuts in grant programs and subsidies.

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

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

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

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

14. Trump: Next Old Hickory or Carnival Barker -

For those who ignore the news – fake or otherwise – Donald Trump won the presidency last November.

While he didn’t capture a majority of the vote, he did win the electoral vote, causing many detractors to call for the elimination of this outdated voting method.

15. Sears, Once a Stalwart, Has ‘Substantial Doubt’ About Future -

NEW YORK (AP) – Sears, a back-to-school shopping destination for generations of kids and the place newlyweds went to choose appliances, has said that after years of losing money that there is "substantial doubt" it will be able to keep its doors open.

16. FedEx Falls Short of Q3 Profit Forecasts -

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

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

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

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

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

18. Already in Peril, Rural Hospitals Unsure on Health Care Bill -

CLAXTON, Ga. (AP) – Talmadge Yarbrough had just sat down at his desk and opened a box of pecans when he let out a gasp that could have been his last breath. He'd gone into cardiac arrest in his office, a co-worker called 911, and an ambulance drove him two miles to the small hospital that serves this rural community in southeast Georgia.

19. The Seam Expanding, Moving Headquarters -

The Seam, a commodities trading and agribusiness software provider, is expanding its Memphis-area operations and moving to Southwind, the company announced Wednesday, March 15.

The company plans to open its new headquarters, located at 3400 Players Club Parkway in Southwind Office Plaza, with a ribbon cutting and open house on April 5.

20. Verso Corp. Reports Drop in Q4 Sales -

Memphis-based Verso Paper reported a 15 percent drop in net sales for the fourth quarter of 2016 compared to the fourth quarter of 2015.

The earnings numbers reported Wednesday, March 15, include net sales of $646 million compared with $756 million a year ago.

21. Verso Reports Drop in Q4 Sales Ahead of Memphis Exit -

Memphis-based Verso Paper reported a 15 percent drop in net sales for the fourth quarter of 2016 compared to the fourth quarter of 2015.

The earnings numbers reported Wednesday, March 15, include net sales of $646 million compared with $756 million a year ago.

22. The Seam Expanding, Moving Headquarters -

The Seam, a commodities trading and agribusiness software provider, is expanding its Memphis-area operations and moving to Southwind, the company announced Wednesday, March 15.

The company plans to open its new headquarters, located at 3400 Players Club Parkway in Southwind Office Plaza, with a ribbon cutting and open house on April 5.

23. Israel to Lead Greenline Group As Organization’s Focus Shifts -

Andrew Israel recently was named executive director of the Greater Memphis Greenline as the organization shifts its focus to promoting healthy lifestyles and increasing the use of trails, parks and green spaces.
As executive director, Israel is the strategic leader and the chief relationship officer for GMG. Along with creating programs and opportunities to enhance and expand the use of green spaces, GMG works at the grassroots level with neighborhood organizations and individuals to help promote their activities and expand the resources that are available. 

24. Last Word: Reappraisal Roller Coaster, Closing the Airport Post Office and District 95 -

Four years ago was a very different time in the world of property reappraisals. For the first time in the memory of most, if not all, of the local elected officials looking at how much money they would have, the 2013 reappraisal of property for tax purposes didn’t grow or at least remain level. Values were down reflecting the depths of the recession and more importantly the housing crash.

25. WikiLeaks Reveals CIA Trove Alleging Wide-Scale Hacking -

WASHINGTON (AP) – WikiLeaks published thousands of documents Tuesday described as secret files about CIA hacking tools the government employs to break into users' computers, mobile phones and even smart TVs from companies like Apple, Google, Microsoft and Samsung.

26. Uber to Hire Chief Operating Officer to Help Embattled CEO -

NEW YORK (AP) – Embattled Uber CEO Travis Kalanick says the company will hire a chief operating officer who can partner with him to write its "next chapter."

The ride-hailing company has been hit by a series of controversies, including allegations that it routinely ignores sexual harassment, and a video of Kalanick profanely berating a driver who confronted him about steep cuts in Uber's rates for a premium version of its service.

27. Last Word: Arnold's in the Alley, Haslam's Gas Tax Bill Wins A Round and Hershey -

A busy day in the City Hall list saga. The list is a lot shorter, but there is a second lawsuit over this in Memphis Federal Court. And the list itself seems to be giving way to a controversy that is all about whether police were unlawfully following and tracking protesters who broke no laws.

28. McDonald's Lays Out Plan It Hopes Can Reverse Drop in Visits -

NEW YORK (AP) – McDonald's acknowledged on Wednesday that it lost 500 million customer transactions in the U.S. since 2012 and laid out its plans to get more people back into its restaurants – including by letting them order and pay on their mobile phones by the end of the year.

29. Hershey Expects to Cut 15 Percent of Global Workforce -

NEW YORK (AP) – Hershey says it expects to cut its global workforce by about 15 percent, with the reductions coming mostly from hourly employees outside the United States.

The Pennsylvania-based maker of Reese's, Kit Kat and Twizzlers also cut its long-term sales growth forecast to between 2 percent and 4 percent, down from the previous 3 percent to 5 percent. Hershey, which gets the majority of its revenue from North America, attributed the lowered expectations to "changes in U.S. shopping habits" and challenges overseas.

30. AutoZone Reports ‘Challenging’ Q2 Results -

AutoZone’s results for the second quarter represented a bit of a slowdown for the auto parts and accessories retailer, with the company’s CEO using adjectives like “challenging” to describe the three-month period in which earnings and same-store sales were somewhat muted.

31. VW Makes $5.4 Billion Profit in 2016, Limits Executive Pay -

BERLIN (AP) – Volkswagen bounced back into the black in 2016 after suffering a loss the previous year due to the diesel emissions scandal, according to figures released by the German automaker Friday.

32. FedEx Extends Contract With US Postal Service -

FedEx Corp. announced Thursday that its FedEx Express subsidiary has extended its express air transportation contract with the U.S. Postal Service originally executed April 23, 2013, through Sept. 29, 2024.

33. FedEx Extends Contract With US Postal Service -

FedEx Corp. announced Thursday that its FedEx Express subsidiary has extended its express air transportation contract with the U.S. Postal Service originally executed April 23, 2013, through Sept. 29, 2024.

34. Sedgwick to Occupy Thomas & Betts HQ, TNB Shopping Memphis for New Home -

New details are continuing to emerge after Sedgwick Claims Management Services' blockbuster announcement Monday to consolidate and expand its corporate headquarters.

Sedgwick will apply for a 15-year Expansion PILOT that will enable the company to retain 865 jobs, create 130 new jobs, and invest $33 million into their new facility, according to papers filed with the Economic Development Growth Engine for Memphis and Shelby County.

35. Wal-Mart Keeps Working to Make Inroads Against Amazon -

NEW YORK (AP) – The nation's largest retailer keeps working to make headway against the largest online seller.

Wal-Mart drew more shoppers to its namesake stores in the United States and its online sales soared 29 percent in the fourth quarter, which covers the critical holiday shopping season. That's an indication that its efforts to lower prices and improve web services are helping it compete better against Amazon, which has built fierce loyalty with its Prime two-day shipping program.

36. Sedgwick Announces $34M Expansion, Will Create 150 New Jobs -

Sedgwick Claims Management has announced plans to expand its corporate headquarters in Memphis, which will result in the creation of 150 local jobs.

The expansion will consolidate Sedgwick’s headquarters into a single campus in Shelby County and locate research and development functions to that site, according to Ted Townsend, chief operating officer for the Tennessee Department of Economic and Community Development.

37. Duck Boats Face Increasing Calls for Improvements, Bans -

BOSTON (AP) – With their festive, party-like ambiance and ability to travel on land and in water, duck boats have long been tourist attractions for sightseers around the U.S. But a string of deadly accidents has left the industry reeling, forced safety improvements and led some advocates to call for a total ban on the vehicles.

38. Cohen Introduces Tax Preparer Fraud Bill -

U.S. Rep. Steve Cohen of Memphis has introduced federal legislation that would allow the Internal Revenue Service to take steps to ensure paid tax preparers are trained and abide by high standards of integrity.

39. Packard's Playbook Helps Women Thrive in Corporate 'Jungle Gym' -

Susan Packard’s premise is straightforward: Business is a team sport. Winning doesn’t just happen, but requires everything any team sport would – preparation, strategy, spirit, competitiveness, composure, focus, creativity and, yes, gamesmanship.

40. Cohen Introduces Tax Preparer Fraud Bill -

U.S. Rep. Steve Cohen of Memphis has introduced federal legislation that would allow the Internal Revenue Service to take steps to ensure paid tax preparers are trained and abide by high standards of integrity.

41. ARS/Rescue Rooter Names New President and COO -

Memphis-based American Residential Services has announced that Luis Orbegoso will assume the role of president and chief operating officer of ARS/Rescue Rooter.

Prior to his new role, Orbegoso was the president of ADT Business, where he established a standalone division within the company, introduced new products and services, and optimized distribution channels.

42. ARS/Rescue Rooter Names New President and COO -

Memphis-based American Residential Services has announced that Luis Orbegoso will assume the role of president and chief operating officer of ARS/Rescue Rooter.

Prior to his new role, Orbegoso was the president of ADT Business, where he established a standalone division within the company, introduced new products and services, and optimized distribution channels.

43. Bronczek to Succeed Smith As FedEx President Feb. 1 -

David Bronczek will be promoted to the role of president and chief operating officer of FedEx Corp. 11 months ahead of schedule, the shipping giant announced Monday, Jan. 23.

44. Buckman to Retire From Chemical Company April 28 -

Buckman today announced that Steven B. Buckman, president and chief executive officer, will retire effective April 28.

Buckman has led the Memphis-based company’s nine global operating companies for more than 16 years. Junai Maharaj, currently managing director of Buckman Europe, Middle East and Africa, will become the CEO of Buckman effective that same day.

45. Consolidation of Cargo Carriers Puts Ocean Freight Industry at ‘Crossroads’ -

Memphis-based Dunavant Global Logistics Group and Mallory Alexander International Logistics are prime players in the ocean freight business as non-vessel operating common carriers, otherwise known as NVOCCs. And each, according to a consultant who used to work as an executive for one of larger ocean freight lines in the industry, has a strong reputation.

46. Last Word: The Business of Local Sports, Garrison Leaves MATA and Broadband -

Marc Gasol makes the NBA’s Western Conference All Star team as a reserve, the first player in the history of the Grizz to make the All-Star Game three times.

Grizz business operations president Jason Wexler asked about Memphis hosting an NBA All-Star Game one of these days at The Daily News Sports Seminar Thursday at the Brooks. Wexler saying the city doesn’t have enough hotel rooms – the same barrier to drawing bigger conventions and meetings to the city.

47. Last Word: Connecting Downtown, Tranquil Treasure and Gas Tax Complexities -

Temple over the Tigers Wednesday in Philadelphia 77-66. East Carolina at the Forum is coming up Saturday. Grizz and Raptors at the Forum Wednesday evening and the Grizz win 101 – 99. The Grizz are on the road starting Friday against the Trail Blazers.

48. Steve Buckman to Retire From Chemical Company April 28 -

Buckman today announced that Steven B. Buckman, president and chief executive officer, will retire effective April 28.

Buckman has led the Memphis-based company’s nine global operating companies for more than 16 years. Junai Maharaj, currently managing director of Buckman Europe, Middle East and Africa, will become the CEO of Buckman effective that same day.

49. Last Word: The Grizz Farm Club Moves, Changing the NAACP and $15 An Hour -

How many of you knew the Iowa Energy was what amounts to a minor league team connected to the Grizz? How many of you knew that before Wade Baldwin and Troy Williams got sent there last month?

50. Bronczek to Succeed Smith as FedEx President Feb. 1 -

David Bronczek will be promoted to the role of president and chief operating officer of FedEx Corp. 11 months ahead of schedule, the shipping giant announced Monday, Jan. 23.

51. Metropolitan CEO Explains Renasant Merger -

Not many people were racing to start up banks in 2008, with the underpinnings of the financial system teetering. One of the few who did was Curt Gabardi, a former Regions Bank executive who envisioned a bank that would focus primarily on commercial and private banking clients.

52. First Tennessee Parent Closes Book on Solid 2016 -

First Tennessee Bank’s parent company has closed the book on 2016 with a set of quarterly and full-year results attributable to its top executive’s mantra about sticking to the basics.

53. Last Word: Humes Next, Top ZIPs in Residential and Payback in the Legislature -

Add Dave & Buster’s to the list of "it" retail hot spots. The restaurant-arcade has inked a lease in Cordova by Wolfchase Galeria with plans to open later this year, probably fourth quarter.

54. Rerouting Regulations -

With every new administration comes some degree of uncertainty when it comes to federal regulations.

But after an especially unpredictable campaign season, all eyes are now on the president-elect to see what he’ll do next. 

55. Frayser Charter Seeks to Take Over Humes Prep Academy -

Bobby White admits Humes Preparatory Academy is a “challenging situation.”

“But it’s a situation that is manageable,” he told a group of 40 people in the auditorium of the North Memphis school Wednesday, Jan. 11.

56. View From the Hill: Taxing Online Sales Not Such an Easy Fix -

Cumberland Transit owner Allen Doty isn’t sure if a rule requiring major out-of-state retailers to collect Tennessee sales taxes will create more equity for his shop.

But Doty, who has been selling everything from bicycles to kayaks and camping gear for 34 years in Nashville, is definitely tired of people shopping in his store for hours, snapping a picture of shoes they like, then going home and buying them online “just to avoid sales tax.”

57. For New Plough Center Director, Job is a Calling -

For Dr. Harry Kochat, the best parts of working in pharmaceutical development are the interactions with grateful patients. Like the one he remembers from early in his career, when Kochat – whose work has focused on the development of life-saving drugs for more than three decades – encountered a mother and her young son.

58. Huston to Lead Downtown Marketing Initiatives -

Penelope Huston has joined the Downtown Memphis Commission as vice president of marketing, communications and events. Huston has more than 20 years’ experience in advertising, marketing, public relations, and relationship management, most recently serving as director of marketing for Memphis in May.
In her new role, she will be responsible for developing the DMC’s marketing strategy; driving activities to enhance the image of Downtown and public awareness of its growth and value to the region; and lead initiatives to position Downtown as a center for culture, tourism, business and entertainment. 

59. New Wood Technology May Offer Hope for Struggling Timber -

RIDDLE, Ore. (AP) – John Redfield watches with pride as his son moves a laser-guided precision saw the size of a semi-truck wheel into place over a massive panel of wood.

Redfield's fingers are scarred from a lifetime of cutting wood and now, after decades of decline in the logging business, he has new hope that his son, too, can make a career shaping the timber felled in southern Oregon's forests.

60. Last Call: Economic Indicator Survey Closes On Dec. 31 -

Memphis-based FedEx Corp. rightfully is considered an economic bellwether because of the front-line view the package delivery giant has on economic activity thanks to consumers’ purchasing and shipping habits.

61. Great Expectations: Small Businesses Upbeat About 2017 -

NEW YORK (AP) – Donald Trump's election as president has made many small business owners more upbeat about 2017.

Dean Bingham says he's cautiously optimistic because business picked up at his auto repair shop after the election – people who had put off fixing their cars have decided it's time to get them serviced.

62. Lawsons Equip Educators with Tools for Success -

Kenda and Dominic Lawson were enemies before they were friends. Today they’re married and they run a company together. “We’re not about telling people what to do,” Kenda observes. “Our job is to find opportunities for children and empower teachers to create their own content.”

63. Browns Owner Jimmy Haslam Deposed in Pilot Lawsuit -

KNOXVILLE, Tenn. (AP) – Cleveland Browns owner Jimmy Haslam was deposed Tuesday in a civil lawsuit against the Pilot Flying J truck-stop chain owned by his brother, Tennessee Gov. Bill Haslam, and other family members.

64. Brewer Named President Of Versant Supply Chain -

Buck Brewer has been promoted to president of Memphis-based Versant Supply Chain Inc. A 20-year veteran of the supply chain industry, Brewer joined Versant six years ago and had served as its chief operating officer since January 2014.
Brewer, 40, assumes the president’s position from Richard J. Peters, who will continue to serve as Versant’s chairman.
Over the past several years, Versant has expanded from a small freight brokerage into a provider of specialized labor, freight and flexible space solutions supporting large global supply chain organizations.
The company currently has 130 full-time employees and employs 3,000 full-time-equivalent associates through its partnerships with customers.
Brewer says that while most people would say his job is to oversee the day-to-day operation and overall growth strategy of the company, he believes his job is “to support the incredibly talented individuals that truly drive the company and make it what it is today.”

65. Coca-Cola CEO Muhtar Kent to Step Down Next Year -

NEW YORK (AP) — Coca-Cola said Friday that CEO Muhtar Kent will step down as CEO next year and be replaced by Chief Operating Officer James Quincey.

The world's largest beverage maker has been under pressure to grow as people around the world drink less soda, including its flagship Coke. In October, the Atlanta company reported that its third-quarter profit fell 28 percent.

66. Starbucks to Boost Number of Shops, Add More Food to Menu -

NEW YORK (AP) – Starbucks, looking to the future as its longtime CEO moves to other projects, plans to open 12,000 new locations within five years to boost its number of coffee shops worldwide by almost 50 percent.

67. Local Mortgage Market Sees Busy November -

If mortgage bankers in Shelby County were expecting things to start winding down for the year in November, the pace of activity for the month kept them unexpectedly busy.

Purchase volume soared during November over the year-ago period, according to new figures from real estate information company Chandler Reports, www.chandlerreports.com. October had already seen a year-over-year pickup in activity to kick off the fourth quarter, and that pattern continued last month.

68. Cereal Maker General Mills to Cut as Many as 600 Jobs -

NEW YORK (AP) – General Mills, which has been struggling with weaker sales for its cereal and yogurt, plans to cut between 400 and 600 jobs around the world as it restructures its business.

69. Construction Underway On Mid-South’s First Freddy’s -

Construction is underway for the Mid-South’s newest fast-casual and frozen treat food chain, Freddy’s Frozen Custard and Steakburgers.

Crews have broken ground on the 825 N. Germantown Parkway location, which is strategically located near the Gameday Baseball Park in Cordova. The new restaurant will be the third Freddy’s in Tennessee, joining the Kingsport and Johnson City locations in East Tennessee.

70. MAA Closes Merger With Post Properties -

Memphis-based real estate investment trust MAA has completed its $4 billion merger with rival Post Properties Inc., creating a combined company with an equity market capitalization of about $11 billion and overall market cap of $15 billion.

71. Construction Underway on Mid-South’s First Freddy’s in Cordova -

Construction is underway for the Mid-South’s newest fast-casual and frozen treat food chain, Freddy’s Frozen Custard and Steakburgers.

Crews have broken ground on the 825 N. Germantown Pkwy. location, which is strategically located near the Gameday Baseball Park in Cordova. The new restaurant will be the third Freddy’s in Tennessee, joining the Kingsport and Johnson City locations in East Tennessee.

72. ServiceMaster Unit Buys Home Warranty Company -

The American Home Shield division of Memphis-based ServiceMaster announced Thursday, Dec. 1, a deal to buy Landmark Home Warranty of Salt Lake City, the second acquisition by the home warranty company this year.

73. American Home Shield Buys Salt Lake City Company -

The American Home Shield division of Memphis-based ServiceMaster announced Thursday, Dec. 1, a deal to buy Landmark Home Warranty of Salt Lake City, the second acquisition by the home warranty company this year.

74. American Home Shield Buys Salt Lake City Company -

The American Home Shield division of Memphis-based ServiceMaster announced Thursday, Dec. 1, a deal to buy Landmark Home Warranty of Salt Lake City, the second acquisition by the home warranty company this year.

75. December 2-8, 2016: This week in Memphis history -

2014: Black Lives Matter “die-in” march and protest on Beale Street draws a group of 50 protesters by the district’s Christmas tree at Beale and Rufus Thomas Boulevard.

1986: The Daily News marks its 100th anniversary with a party at The Peabody hotel that features columnist Louis Rukeyser. It is also the 100th anniversary of the Statue of Liberty, and Rukeyser decries some of the commercialism and corporate sponsorship surrounding the renovation of the monument.

76. Dunavant Expands Into China While Bolstering the Company Stateside -

With a strong presence on the Gulf Coast and in the Southeast, the acquisition of a private customs brokerage company in Mobile, Alabama, made sense for Memphis-based Dunavant Global Logistics Group LLC.

77. MAA Closes Merger With Post Properties -

Memphis-based real estate investment trust MAA has completed its $4 billion merger with rival Post Properties Inc., creating a combined company with an equity market capitalization of about $11 billion and overall market cap of $15 billion.

78. On-Demand Storage Offers Seasonal Space Relief -

With popular companies like Uber and Airbnb redefining their industries, it’s no surprise that other sectors are starting to tap into the country’s growing interest in on-demand services.

79. Massachusetts Uber, Lyft Screenings Called Toughest in US -

BOSTON (AP) — Drivers for ride-hailing companies Uber and Lyft will undergo what state officials call the most comprehensive background checks in the U.S. under agreements announced Monday by Gov. Charlie Baker's administration.

80. Verso Leaving Memphis For Miamisburg, Ohio -

Verso Corp. announced on Monday, Nov. 14, that it will be moving its Memphis headquarters to consolidate offices in Miamisburg, Ohio.

81. Unfinished Nuclear Plant Sold, Buyer Vows to Get It Running -

BIRMINGHAM, Ala. (AP) – A development company that purchased an unfinished nuclear power plant from the Tennessee Valley Authority for $111 million on Monday said it plans to spend as much as $13 billion to make the nuclear generator operational.

82. Verso Leaving Memphis For Miamisburg HQ -

Verso Corp. announced on Monday, Nov. 14, that it will be moving its Memphis headquarters to consolidate offices in Miamisburg, Ohio.

83. Disney Embraces Streaming as Ratings Sag -

NEW YORK (AP) – As more and more people get their favorite TV shows and movies online, Disney is also learning to embrace the stream.

The Walt Disney Co. once resisted offering channels like ESPN directly over the internet, preferring old-fashioned cable subscriptions. Its investors are fretting over ratings as more people cut the cord and cancel cable or satellite service. NFL game viewership is also down, and the contentious election drew viewers away from Disney networks like ABC to cable news networks.

84. Mylan is Target of 2 Probes, Has 3Q Loss Due to EpiPen Fine -

TRENTON, N.J. (AP) – The maker of EpiPen emergency allergy injectors, under a microscope for repeatedly jacking up the price of the life-saving device, revealed Wednesday that it's a target of two price-related probes by federal agencies and has had its premises searched.

85. Wendy's Profit Surges on Shift to Franchise Operations -

NEW YORK (AP) – Wendy's Co. reported a boost in profit as it dramatically cut costs while it continues to sell company-owned restaurants and shift to a more franchise-heavy operation.

86. Embattled Valeant Pharma Reports 3Q Loss, Slashes Guidance -

Former Wall Street darling Valeant Pharmaceuticals International Inc., now more of a dog for its reviled strategy of huge drug price hikes, posted dismal third-quarter results and sharply reduced its profit forecast for 2016, driving down its stock price.

87. CVS Health's 3Q Profit Jumps, But Revenue Disappoints -

CVS Health Corp. missed Wall Street's revenue expectations in the third quarter, despite sales jumping due to acquisitions. The company trimmed its profit forecast for this year, triggering a stock selloff.

88. Icahn Takes an Even Larger Stake in Herbalife -

NEW YORK (AP) – Billionaire Carl Icahn is extending a years-long proxy fight with co-billionaire Bill Ackman, upping his stake in Herbalife yet again.

The two have been battling over the legitimacy of the supplements and weight loss company since 2012, when Ackman called Herbalife a pyramid scheme and revealed a massive bet against it.

89. EdR Reports $3.5M Loss For Third Quarter -

Memphis-based EdR recorded a net loss of $3.5 million, or 5 cents per share, in the third quarter, the real estate investment trust reported Oct. 31. That compares to a net loss of $4.7 million, or 10 cents per share, during the same period a year ago.

90. Jernigan Capital Earns $5M Q3 Profit -

Dean Jernigan is one of those CEOs who’s happy to spend big chunks of earnings calls with analysts leading a deep dive into the macroeconomics of his public company’s industry.

91. EdR Reports $3.5M Loss For Third Quarter -

Memphis-based EdR recorded a net loss of $3.5 million, or 5 cents per share, in the third quarter, the real estate investment trust reported Monday, Oct. 31. That compares to a net loss of $4.7 million or 10 cents per share, during the same period a year ago.

92. First Tennessee Capital Markets Unit Acquires Houston Firm -

First Tennessee Bank’s Memphis-based capital markets business, FTN Financial, is acquiring a Houston company that specializes in Small Business Administration loans.

93. FedEx Unit To Open Memphis Facility -

FedEx subsidiary Genco is opening a 1.1 million-square-foot multitenant warehouse for health care manufacturers in Memphis along with a similar facility in Ontario, Canada.

The third-party logistics provider, which FedEx Corp. acquired for $1.4 billion in early 2015, announced the network expansion on Tuesday, Oct. 25.

94. FedEx Subsidiary Expanding With Memphis Health Care Facility -

FedEx subsidiary Genco is opening a 1.1 million-square-foot multitenant warehouse for health care manufacturers in Memphis along with a similar facility in Ontario, Canada.

The third-party logistics provider, which FedEx Corp. acquired for $1.4 billion in early 2015, announced the network expansion on Tuesday, Oct. 25.

95. SharkNinja, Dyson End Legal Battle Over Advertising Claims -

BOSTON (AP) — Two of the most well-known names in vacuum cleaners have ended a two-year legal battle over just how much their products suck.

Dyson, the British technology company known for its upscale vacuums, and SharkNinja Operating LLC, a Massachusetts-based company known for its infomercials and lower-priced vacuums, had sued each other over advertising campaigns in which they claimed their vacuums had significantly more suction or were better at deep-cleaning. Each company accused the other of violating state and federal laws through false and misleading advertising.

96. Hawes Takes on New Role At ACE Awareness Foundation -

Kiersten Hawes has been promoted to task force liaison and education coordinator at the Memphis-based ACE Awareness Foundation, which works to inform the community about the negative impact of adverse childhood experiences, or ACEs. Hawes will also continue to serve as a therapist at Universal Parenting Place’s Knowledge Quest location.
As the task force liaison, Hawes will engage the foundation board and task force in ongoing dialogue to build awareness around ACEs. Operating in a dual role as a therapist and education coordinator, she says, allows her the opportunity to speak to the impact that toxic stress and intergenerational ACEs have on a family system if not mitigated.

97. Gestalt to Exit ASD Schools in North Memphis -

The sentiment and the math are each familiar in public education in Memphis. 

When leaders of Gestalt Community Schools announced last week that the charter school company would not be running Humes Preparatory Academy Middle and Klondike Preparatory Academy Elementary schools after the end of the current school year, it was attributed to declining enrollment.

98. Last Word: The Politics of Animal Welfare, SCS On Gestalt and Chandler Numbers -

It’s not that the Memphis Animal Shelter would change as much as services outside the shelter would change and their relationship to the shelter would change. That’s what two consultants from the national nonprofit Target Zero told about 80 Memphians at the Central Library this week.

99. Green Renaissance -

As director of Shelby Farms Park Conservancy, Jen Andrews has been on the front lines of what can fairly be called a green revival in Memphis. And she is amazed at how much change has occurred over the last decade, a rebirth that spans not just across the miles but now seems embedded in the city’s psyche.

100. Allegiant Says It Has Met FAA's Safety-Related Concerns -

DALLAS (AP) – Federal aviation officials are satisfied that Allegiant Air is taking steps to address problems that inspectors found during a three-month review of the low-cost airline.