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Editorial Results (free)

1. FedEx Ramps Up Ground Operations with Plans for More Employees, Longer Workweek -

E-commerce growth is driving FedEx’s plans to add 55,000 employees this holiday season, increase workers’ hours and permanently run its U.S. ground parcel operation six days a week.

The Memphis-based company announced the moves Wednesday, Sept. 12, as it ramps up for what’s expected to be another record package volume during the peak season from Thanksgiving to Christmas.

2. Trump Administration Orders Closure of Palestinian office -

WASHINGTON (AP) — The Trump administration ordered the closure of the Palestinian diplomatic mission in Washington on Monday and threatened sanctions against the International Criminal Court if it pursues investigations against the U.S., Israel, or other allies. The moves are likely to harden Palestinian resistance to the U.S. role as a peace broker.

3. U.S. Ends Funding of UN Agency for Palestinian Refugees -

WASHINGTON (AP) — The United States is ending its decades of funding for the U.N. agency that helps Palestinian refugees, the State Department announced Friday, a week after slashing bilateral U.S. aid for projects in the West Bank and Gaza.

4. Memphis City Council Considers Surface Parking Lot at Main and Beale -

Memphis City Council members vote Tuesday, Aug. 28, on a special-use permit to turn the land on the northeast corner of South Main Street and Beale Street into a surface parking lot with landscaping.

5. Why Local One Commerce Square Owners Are Selling to Out-of-State Investors -

After successfully renovating the 29-story iBank Tower in Downtown Memphis, the work is done for a group of prominent Memphis investors as they prepare to sell the office building to a new owner with deeper pockets.

6. University of Memphis Commercial Aviation Degree Takes Flight This Fall -

After a three-year process, the University of Memphis is partnering with a local flight school to offer a Bachelor of Science in Commercial Aviation this fall. When U of M Provost Karen Weddle West went before the Tennessee Higher Education Commission for approval in July, she highlighted a “strong letter of support” from Fred Smith.

7. Iran Weighs Response as U.S. Sanctions Bite -

TEHRAN, Iran (AP) — As Iranians awoke Tuesday to renewed U.S. sanctions that had been lifted by Tehran's nuclear deal with world powers, the question on everyone's mind remained: What happens now?

8. Germantown Retail Center Sells for $13M, Orion Files Permit for New HQ -

1245 N. Germantown Parkway,
Cordova, TN 38016

Sale Amount: $12.6 million

9. Treasury Bonds, Savings Bonds are Gifts That Keep on Giving -

Ray’s Take: U.S. savings bonds were once considered the ugly duckling of personal investments. It seemed the only time people bought them was when they were feeling super patriotic or when you couldn’t think of a better gift to give someone. Growing up, I remember them being a popular gift for newborns – the thought being that as the baby grows so does the money.

10. Pathways to Growth -

A group of nonprofits and banks have created a program to increase lending to Memphis-area minority- and women-owned businesses. Last month, entrepreneurial hub Epicenter and Pathway Lending launched the $15 million Memphis Small Business Opportunity Loan Fund, which is aimed at helping small businesses improve their access to capital.

11. Last Word: The View From Early Voting, Memfix 4 and Operation Keyboard -

Local Democrats made it formal Wednesday – taking complaints about the early voting sites and hours to the Shelby County Commission. The result is a special meeting Friday afternoon of the Shelby County Election Commission to talk about this. Meanwhile, the chairman of the local Republican party was just a few feet away from the Wednesday press conference by the Democrats at the county building. He says Democrats have it backwards, that the early voting sites favor Democrats.

12. Feds Charge a Dozen in Cybercrime Targeting Real Estate Company -

A Memphis-based real estate company had its servers and email systems hacked two years ago by what federal prosecutors in Memphis describe as a “widespread Africa-based cyber conspiracy.”

13. US stocks skid as industrial and energy companies fall -

NEW YORK (AP) — U.S. stocks are lower Thursday as investors again worry about the potential effects of the U.S.-China trade dispute. German automaker Daimler lowered its annual profit forecast, partly because of higher import taxes on U.S. vehicles in China. Industrial companies are taking more losses. Energy companies are falling along with oil prices and online retailers are skidding after the Supreme Court ruled that states can force online shoppers to pay sales tax.

14. Verizon, AT&T to End Location Data Sales to Brokers -

Verizon and AT&T have pledged to stop providing information on phone owners' locations to data brokers, stepping back from a business practice that has drawn criticism for endangering privacy.

The data has apparently allowed outside companies to pinpoint the location of wireless devices without their owners' knowledge or consent. Verizon said that about 75 companies have been obtaining its customer data from two little-known California-based brokers that Verizon supplies directly – LocationSmart and Zumigo

15. Duffy-Geiger Named CFO At Monogram Foods -

Cheryl Duffy-Geiger has joined Monogram Foods as chief financial officer. In this role, Duffy-Geiger will be responsible for developing strategic business plans, partnering with operations and supply chain, building relationships with banking partners and overseeing accounting, among other duties. She joins Monogram from Kellogg Co., where she was chief financial officer for its largest global business unit, U.S. domestic snacks.

16. Lifeline for Debt -

Student loans are a big topic these days with an even bigger and growing price tag for most families in America. Thanks to a young engineer with a financial mind, there may be a place for students and their families to go before they find themselves drowning in debt.

17. Citigroup to Pay $100M to Settle Rate Manipulation Charges -

NEW YORK (AP) – Citigroup agreed Friday to pay $100 million to settle charges that its bankers manipulated an important interest rate used to price everything from credit cards to mortgages.

18. Last Word: The Politics of Summer, Perpetual Motion and Nigerian Email Scams -

Just about the time it is summer by the calendar next week as well as by the ongoing weather, you will start to see a set of one-on-one debates between the Democratic and Republican contenders for Shelby County Mayor – Lee Harris and David Lenoir, respectively.

19. Banks Team Up for Saturday Event to Help Memphians Improve Credit -

In an effort to support credit and financial counseling of Memphis residents, more than a dozen local banks that banded together last year to form the Memphis Area Community Reinvestment Act Association are preparing to host their first collective event this weekend.

20. Last Word: One for Graceland, Randy Boyd in Millington and Green Eyeshades -

From the distance of 50 years – half a century – it’s hard to relate what it was like to grow up in the 1960s – in particular the year 1968 in a city that figured prominently in the year’s turbulent trajectory.

21. New Banking Law A Step Forward For Community Banks -

Tennessee’s banks help our communities in the Volunteer State flourish. Small-business owners count on banks to provide the loans they need to succeed. Consumers depend on these financial institutions when they need a mortgage or car loan.

22. Op-Ed: New Banking Law a Step Forward for Community Banks -

Tennessee’s banks help our communities in the Volunteer State flourish. Small-business owners count on banks to provide the loans they need to succeed. Consumers depend on these financial institutions when they need a mortgage or car loan.

23. Trump Signs Bill Easing Post-2008 Crisis Restraints on Banks -

WASHINGTON (AP) – President Donald Trump on Thursday signed into law a measure that loosens key restraints for banks imposed after the 2008 financial crisis and Great Recession. Savoring the legislative triumph, he called it "the next step in America's unprecedented economic comeback."

24. How a Travel Budget Determines Destination -

Budget is an ugly word. In a perfect world, budgets wouldn’t be necessary.

But I find budgeting the most crucial task in trip planning. Figuring out a budget goes hand in hand with picking a travel destination.

25. Cadence Bank, State Bank Financial Corp. Announce Merger -

BIRMINGHAM, Ala. (AP) – Cadence Bank and State Bank Financial Corp. are announcing a merger.

26. Trump Announces US Will Exit Nuclear Accord With Iran -

WASHINGTON (AP) – President Donald Trump announced Tuesday the U.S. will pull out of the landmark nuclear accord with Iran, declaring he was making the world safer but dealing a profound blow to allies and deepening the president's isolation on the world stage.

27. Goldman Sachs to Pay $109.5 Million for Trading Violations -

NEW YORK (AP) – Goldman Sachs agreed Tuesday to pay a combined $109.5 million in fines to federal and New York state authorities to settle charges that the investment bank's currency traders unlawfully shared customers' order information with other banks in order to take advantage of the market.

28. First Tennessee to Put $4B In Community Investment -

Memphis-based First Tennessee Bank, along with its newly acquired Capital Bank, are launching a five-year, nearly $4 billion effort to expand the availability of financial resources in low- to moderate-income communities across an eight-state footprint.

29. First Horizon Starts Off 2018 With Strong Q1 Results -

The first full quarter with Capital Bank integrated into the operations of Memphis-based First Horizon National Corp. saw a pickup year-over-year in several key areas like loans, deposits and growth in net income.

30. First Tennessee Bank Launching $4 Billion Community Investment Effort -

Memphis-based First Tennessee Bank, along with its newly acquired Capital Bank, are launching a five-year, nearly $4 billion effort to expand the availability of financial resources in low- to moderate-income communities across an 8-state footprint.

31. Editorial: Universal Life a Blueprint For Building Black Wealth -

While many of us were thinking about and remembering the turbulent events of 1968, this week brought another significant nod to the past with a commitment to the future.

The Universal Life Insurance Co. building isn’t a Pyramid, though its architecture has an Egyptian theme. It’s not the tallest building in the city, but then again, the tallest building in the city is boarded up these days.

32. Universal Life Insurance Building Reopens With New Hope for Black Economic Growth -

There is still some build-out to be done on the Universal Life Insurance building at Danny Thomas Boulevard and Martin Luther King Jr. Avenue. But Memphis Mayor Jim Strickland and other dignitaries cut the ribbon Tuesday, April 3, on the formal reopening on the 1920s Egyptian-themed landmark in black business enterprise.

33. Local Experts To Tackle Health Care Changes -

Eight years after the enactment of the Affordable Care Act, health care can still spark contentious debates around the country, though there are nevertheless a few things people can agree on.

Costs keep going up. Insurers have continued to pull out of the individual ACA marketplace, leaving that market segment volatile and uncertain. And there’s still no widespread consensus on how to plug the gaps that still exist in the country’s health care system.

34. Perry Leading Fire Museum Forward as Executive Director -

Shannon Perry became executive director of the Fire Museum of Memphis earlier this year, a role that brings her back to the institution she helped launch in the 1990s, when she served as its first curator. As executive director, Perry is the Fire Museum’s only full-time employee, and she handles a range of functions – including its collection, exhibits and facilities, budgets, fundraising, public relations, special events, staff and volunteers – while also working directly with the museum’s board.

35. US Economic Growth in Q4 Revised Up to 2.9 Percent Rate -

WASHINGTON (AP) – The U.S. economy grew at a solid 2.9 percent annual rate in the final three months of last year, a sharp upward revision that caps three quarters of the fastest growth in more than a decade. The Trump administration is hoping the economy will accelerate further this year, aided by sizable tax cuts and increased government spending.

36. China Targets $3 Billion of US Goods in Tariff Spat -

BEIJING (AP) — China announced a $3 billion list of U.S. goods for possible retaliation in a tariff dispute with President Donald Trump and girded Friday for a bigger battle over technology policy as financial markets sank on fears of global disruption.

37. Fed Set to Raise Rates As Powell Gives 1st News Conference -

WASHINGTON (AP) – The Federal Reserve's first meeting under Jerome Powell's leadership will likely end Wednesday with an announcement that the Fed will resume its modest interest rate hikes.

38. Digest -

Memphis Grizzlies Suffer 15th Consecutive Loss

The Grizzlies lost their 15th straight game, 119-110 at Chicago, on Wednesday, March 7.

The team has not won since defeating the Phoenix Suns at FedExForum on Jan. 29.

39. Trey Carter Honored Among Top 35 Millennial Influencers -

Patrick “Trey” Carter III has been named one of the Top 35 Millennial Influencers in the Country by the Next Big Thing Movement, a global network of more than 20,000 young professionals and creatives. Carter, president of Olympic Career Training Institute and an active community volunteer, is the only Tennessean to be included on the list. He will be honored Saturday, March 10, at NBTM’s Forward Conference in New York City alongside other influencers, including “The Daily Show” host Trevor Noah, Teen Vogue editor Elaine Welteroth and YouTube vlogger Tyler Oakley.

40. Investors are Winners as Companies Lay Out Tax-Saving Plans -

NEW YORK (AP) – It's just what the GOP said we'd hear from a CEO after being handed a big tax break.

But when Charles Scharf announced plans last month to spend his company's tax savings on higher wages and technology, investors began selling.

41. Weaver Joins Paragon Bank As Senior Loan Officer -

Steve Weaver has been appointed senior vice president, senior loan officer, at Paragon Bank. He brings with him more than 27 years’ experience in the banking industry, most recently at Simmons Bank, where he served as Southwest Tennessee market president and spearheaded the institution’s entry into the Memphis market in 2013.

42. More Companies Providing Some Parental Leave Pay -

The federal Family and Medical Leave Act ensures that employees with over a year of employment get 12 weeks unpaid time off from their jobs, and the Tennessee Maternity Leave Act allows certain female employees four months of unpaid leave for pregnancy, childbirth, care of a newborn and adoption.

43. Details Slow Plan to Shrink UT’s Board of Trustees -

Gov. Bill Haslam’s plan to restructure the University of Tennessee board of trustees appears to be a work in progress.

Timing is critical, too, with the 2018 session of the General Assembly moving at a snail’s pace and UT President Joe DiPietro’s contract set to run out in mid-2019.

44. How the Market's Turmoil Could Affect Fed's Rate Decisions -

WASHINGTON (AP) – Wall Street has thrown a rather sour welcoming party for Jerome Powell.

45. Memphis a Hot Bed for High-Demand Jobs -

Each year the Center for Economic Research in Tennessee puts together its Labor and Education Alignment Program report detailing which jobs are most in demand statewide and for each of the state’s nine economic and community development regions.

46. Digest -

Memphis Toys R Us

To Remain Open

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

47. Last Word: Credit Hours & Tn Promise, Opioid Differences and Nikki's Hot Rebrand -

A very busy Monday and I feel like some of this is may be fueled by some of us just now getting completely over the flu or someone close who has the flu for the first time in the New Year. Whatever the case, Monday came with a curtain call of sorts by Tennessee Gov. Bill Haslam, a court order on the Confederate monuments, year-end stats on crime in Memphis and countywide… a PILOT here, a building permit or three there.

48. Fed Likely to Hold Rates Steady at Yellen's Final Meeting -

WASHINGTON (AP) – Janet Yellen's final Federal Reserve policy meeting will likely bring an uneventful end this week to her four-year tenure as Fed chair but perhaps offer hints of the central bank's approach to interest rates in the months to follow.

49. Exit Strategy -

When Kroger’s Delta Division announced last week it would shutter its stores at 1977 S. Third St. in the Southgate shopping center and 2267 Lamar Ave. near Airways Boulevard, there was already a considerable history of what might follow the Feb. 2 closing.

50. 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.

51. Attorney Wooten Joins Evans Petree as Shareholder -

Attorney William Allen Wooten has joined Evans Petree PC as a shareholder, working in the firm’s Memphis office as well as its new location at the current Wooten Law Firm in Covington, Tennessee.

52. US Economy Grew at Solid 3.2 Percent Rate in Third Quarter -

WASHINGTON (AP) – The U.S. economy grew at a solid 3.2 percent annual rate from July through September, slightly slower than previously estimated but still enough to give the country the best back-to-back quarterly growth rates in three years.

53. EPA Says Superfund Task Force Left Behind Little Paper Trail -

WASHINGTON (AP) – The Environmental Protection Agency says an internal task force appointed to revamp how the nation's most polluted sites are cleaned up generated no record of its deliberations.

54. 2017 a Year of Expansion for Memphis Banks -

The biggest banks in Memphis made aggressive pushes this year to raise their profiles and expand footprints, as competition in the sector heats up and the industry continues winning back the strength it enjoyed before the bust of 2008.

55. Shelby County Housing Market Remains Strong -

As the year winds to a close, Shelby County home sales remained strong in November, continuing the nearly uniform rise in average sales price, volume and overall units that has been indicative of the local housing market in 2017.

56. Fed Set to Raise Rates As Yellen Gives Final News Conference -

WASHINGTON (AP) – Investors seem certain about this: The Federal Reserve is going to raise interest rates this week for the third time this year.

They're less sure about what the central bank might have in store for 2018, and they will look to Janet Yellen's final news conference as Fed chair Wednesday for any clues.

57. Out-of-Town Investors Buy Gibson Guitar Factory -

145 Lt. George W. Lee Ave., Memphis, TN 38103: Investment firms in New York and Miami have purchased the Gibson Guitar Factory property in Downtown Memphis and an additional warehouse Gibson Brands Inc. owns in Nashville.

58. Blankenship Named President Of Coldwell Banker Collins Maury -

Sean Blankenship has joined Coldwell Banker Collins Maury as president, coming to the Collierville-based full-service real estate firm after serving as chief marketing officer for Coldwell Banker Real Estate LLC. In his new role, Blankenship will focus on growing the company’s presence in the greater Memphis and northern Mississippi markets.

59. Last Word: Grizz Ownership Moves, Confederate Deadline and Medical Family Tree -

As many of us were focused on Tigers football and the journey to Orlando last week, there was word that either both or one of the two minority owners of the Grizz had exercised a buy-sell provision in the NBA team’s unique ownership agreement. And what could be a fight for control of the team’s ownership is underway. The sports website The Athletic broke the story last Thursday. Here it is. It also talks about the timing of this coming with the controversial sacking of David Fizdale, an interim coach at the helm of a changing team and lead owner Robert Pera’s lack of visibility in all things Grizz around the city.

60. Former Band Director Charged With Theft -

The former band director of Collierville Middle School, Jason Seek, was arrested and charged with theft of property over $60,000 the day before Thanksgiving, according to the Tennessee Comptroller’s Office.

61. Former Collierville Band Director Charged With Theft -

The former band director of Collierville Middle School, Jason Seek, was arrested and charged with theft of property over $60,000 the day before Thanksgiving, according to the Tennessee Comptroller’s Office.

62. How Powell Could Differ From Yellen: Nominee Faces Hearing -

WASHINGTON (AP) – Jerome Powell's confirmation to be chairman of the Federal Reserve is considered all but certain. Yet when a Senate committee holds a hearing Tuesday on Powell's nomination, one question will hover above the discussions:

63. Yellen to Step Down From Federal Reserve Board -

WASHINGTON (AP) – Janet Yellen on Monday submitted her resignation from the Federal Reserve board to President Donald Trump, announcing that she will leave the board when her successor is sworn in as Fed chairman.

64. The Next Four Years -

A week before candidates for the 2018 Shelby County elections could pull qualifying petitions to run, Shelby County Commissioner David Reaves was thinking out loud on Facebook.

“Next four years,” was how it began.

65. Last Word: No County Pay Raises, Landers' Red Ink and Diversity at First Tn -

Grizz lose to the Bucks in Milwaukee Monday 110-103. They return to Beale Street Wednesday to play the Pacers. Beyond that, the football Tigers are home Saturday for the next to last game of their regular season that could clinch their athletic conference.

66. 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.

67. Trump Nominates Jerome Powell to be Next Fed Chairman -

WASHINGTON (AP) – President Donald Trump on Thursday announced his choice of Federal Reserve board member Jerome Powell to be the next chairman of the nation's central bank, succeeding Janet Yellen, the first woman to hold the position.

68. Goodin Joins Hagwood Adelman As Memphis Managing Attorney -

Michael T. Goodin has joined Hagwood Adelman Tipton PC as managing attorney of the Memphis office. In that role, he provides legal services to HAT’s clients in matters such as medical malpractice and senior housing litigation for health care providers along the continuum of care, including skilled nursing, assisted living, behavioral health, home health and hospice litigation. In addition, he assists in supervising the attorney and paraprofessional teams.

69. Last Word: Cohen on Manafort, Collierville's Growth and The Quiet Jackson -

A close one for the best team in the NBA Monday evening at the Forum but the Grizz lose only their second game of the young season to the Hornets 104 – 99. Some of you went. Some of you watched. Still others opted for the Edgar Allen Poe biography on “American Masters” while getting your costume together and then made a late run for candy. You know who you are.

70. Fed Meeting to be Eclipsed By Trump's Decision on Fed Chair -

WASHINGTON (AP) – This week's Federal Reserve policy meeting is shaping up to be an afterthought next to that other imminent Fed event of the week: President Donald Trump's announcement of who will lead the central bank for the next four years.

71. Potential Showdown in Eastern Syria Over IS-Held Territory -

BEIRUT (AP) — As U.S.-allied fighters hurtle down the eastern bank of the Euphrates River, a showdown could ensue between the U.S. and Russia, whose allies are racing to take over the same strategic oil-rich territory from the Islamic State group.

72. Last Word: Paying the Piper, Sewer Regrets and The New Incumbent's Strategy -

Grizzlies over the Rockets 98-90 after being down 12 on the road in Houston. There is just something in the Memphis sports ethos that happens at halftime or between quarters. The Grizz are 3-0 in this young season. And for the second consecutive game some extracurricular action on the court. Mario Chalmers of the Grizz and James Harden of the Rockets scuffled after Chalmers got floored by Harden after Harden got swarmed by him and James Ennis. Harden got the foul and he and Chalmers each got a technical for what followed.

73. New General Counsel Hired At Evolve Bank & Trust -

Evolve Bank & Trust has tapped a new general counsel.

Virginia Wilson, who’s been in private law practice for 28 years with banking and financial services experience, is the bank’s new senior vice president and general counsel. She comes to the bank from Butler Snow LLP in Memphis.

74. First Tennessee Parent Company Reports Positive “Stress Test” Results -

First Horizon National Corp. has submitted the results of its annual Dodd-Frank Act Stress Test to regulators, which show that the company’s management and board believes it “would maintain capital well in excess of regulatory adequate levels under severely adverse economic and financial conditions.”

75. Last Word: Tigers Make Top 25, Pfizer's Next Tax Break and Shepherds Creek -

The Tigers make the top 25 ESPN Power Rankings for college football with the Liberty Bowl victory Saturday over Navy 30 – 27. And Tigers coach Mike Norvell responds to the pre-game arrest of a player on a rape charge.

76. Equifax Breach: Criticism From Lawmakers, What People Can Do -

NEW YORK (AP) – There's no way around it: The news from credit reporting company Equifax that 143 million Americans had their information exposed is extremely serious.

Crucial pieces of personal data that criminals could use to commit identity theft – Social Security numbers, birthdates, address histories, legal names – were all obtained. That's information that cannot change. And once that data is out there, it's basically out there forever.

77. Fed Vice Chairman Fischer to Resign for 'Personal Reasons' -

WASHINGTON (AP) – Federal Reserve Vice Chairman Stanley Fischer will resign next month for personal reasons, leaving a fourth vacancy on the seven-member Fed governing board.

78. Whitehaven Boom Gets Arena Catalyst -

As she looked across Elvis Presley Boulevard from the parking lot of the new Tri-State Bank headquarters at Elvis Presley and Farrow Road last week, Memphis City Council member Patrice Robinson took in the view of the new five-bay retail strip and looked north at another new strip soon to come online, and talked about a third in the works.

79. Yellen Defends Bank Regulations Passed After 2008 Crisis -

JACKSON HOLE, Wyoming (AP) – Federal Reserve Chair Janet Yellen on Friday emphatically defended the web of regulations the Fed helped enact after the 2008 financial crisis, saying it helped restore the banking system's health and disputing criticism that the rules have hurt lending.

80. A Puzzle for Central Bankers: Solid Growth But Low Inflation -

JACKSON HOLE, Wyoming (AP) – Against a backdrop of strengthening growth but chronically low inflation, Federal Reserve Chair Janet Yellen and other central bankers are taking their measure of the global economy at their annual conference in the shadow of Wyoming's Grand Teton Mountains.

81. 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.

82. City Council Approves Beale Hotel, Parking -

The Memphis City Council approved Tuesday, Aug. 8, plans for a five-story, 101-room hotel and a five-level 103-space parking deck in the block of Beale Street between Fourth Street and Danny Thomas Boulevard. Original plans called for a six-story hotel building, but that was later changed.

83. City Council Approves Beale Hotel, Parking -

The Memphis City Council approved Tuesday, Aug. 8, plans for a five-story, 101-room hotel and a five-level 103-space parking deck in the block of Beale Street between Fourth Street and Danny Thomas Boulevard. Original plans called for a six-story hotel building, but that was later changed.

84. A Million Reasons Not to Jump Into the Tennessee Governor’s Race -

Republican gubernatorial candidate Mae Beavers is banking on the idea wealthy candidates won’t be able to buy voters in 2018.

85. Council Approves 5-Year Pact with University for Liberty Bowl Lease -

Just in time for an Aug. 31 football season opener, the University of Memphis has a new five year contract with the city of Memphis for the use of the Liberty Bowl and surrounding Fairgrounds area.

86. First Alliance Bank Inks 10-Year Lease to Move to Clark Tower -

Memphis-based First Alliance Bank has signed a 10-year lease to relocate its Poplar Avenue branch into the recently remodeled Clark Tower office building.


5100 Poplar Ave.
Memphis, TN 38137

87. First Alliance Bank Moving to Clark Tower -

Memphis-based First Alliance Bank has signed a 10-year lease to relocate its Poplar Avenue branch into a new facility inside the recently remodeled Clark Tower office building.

The new 3,920 office will be located adjacent to Clark Tower’s lobby, and will offer full banking services and a drive-through facility.

88. Last Word: 'Secular Stagnationists', CRE's Big Year in Memphis and Lakeland Prep -

Protests over the weekend in Martyr’s Park and at the federal prison facility in Mason, Tennessee for those rounded up in the ICE – Immigration and Customs Enforcement -- raids here in Memphis that began a week ago. Latino Memphis is also offering legal advice to those who believe they may be caught up in the new push. There are also several efforts to support families that find mothers and/or fathers in federal custody in the sweeps. And over the weekend, Memphis Police issued an arrest warrant for a bounty hunter who turned up on YouTube video in an apartment complex with a large Latino tenant base wearing some kind of badge and vest.

89. Fed Will Likely Focus on Low Inflation But Leave Rates Alone -

WASHINGTON (AP) – The Federal Reserve has already achieved one of its two mandates: With the unemployment rate at just 4.4 percent, the Fed has essentially maximized employment.

It's the Fed's other goal – price stability – that's stayed persistently out of reach. Inflation has been edging further below the Fed's 2 percent target. Problem is, too-low inflation tends to slow consumer spending, the U.S. economy's main fuel. Many consumers delay purchases if they think the same price – or a lower one – will be available later.

90. Pinnacle Achieves Status As SBA Preferred Lender -

Pinnacle Financial Partners has earned Preferred Lender Status from the U.S. Small Business Administration, a move that will benefit clients seeking an SBA-backed loan.

The firm also earned Community Bank of the Year honors from SBA for the state of Tennessee, an award Pinnacle has won every year since it began giving SBA loans in December 2013.

91. Pinnacle Achieves Status As SBA Preferred Lender -

Pinnacle Financial Partners has earned Preferred Lender Status from the U.S. Small Business Administration, a move that will benefit clients seeking an SBA-backed loan.

The firm also earned Community Bank of the Year honors from SBA for the state of Tennessee, an award Pinnacle has won every year since it began giving SBA loans in December 2013.

92. City Plan Closes Retirement Gap for Sanitation Workers, Keeps Social Security -

Over nearly four decades, different city council and mayors have grappled with a legacy of the 1968 sanitation workers strike.

It has endured as history has come to terms with the strike and its violent end and the site of Martin Luther King Jr.’s assassination has become a museum.

93. Memphis Announces Grants for Remaining 1968 Sanitation Workers -

A group of 14 city sanitation workers from 1968 – four still working for the city and 10 who are retired – will be getting $50,000 grants from the city, Memphis Mayor Jim Strickland announced Thursday, July 6.

94. Last Word: The List Lawsuit, Charlie Morris on 1939 and New Rules for Democrats -

This looks like the end of Grit ‘n’ Grind as we wait for the other shoe to drop following Zach Randolph’s exit from the Grizzlies to Sacramento. There were a lot of rumors Wednesday, the day after Randolph’s $24 million free agency deal, including some about Marc Gasol and the Celtics. And then Tony Allen dropped a Grizz reference from his Twitter account causing even more speculation.

95. Estate Planning – It’s Not Just Taxes -

Ray’s Take: Many people think estate planning is only for the super wealthy, but that’s not the case. Do you have a home? Children or grandchildren? Elderly parents? Bank accounts or other assets? If you have any of these, you need an estate plan. And it’s about more than just taxes.

96. Last Word: Disaster Paperwork, The Whitehaven Plan and Juvenile Justice -

On its way to Washington is the paperwork for a federal disaster declaration sent Wednesday by Tennessee Gov. Bill Haslam. It includes Shelby County and 11 other Tennessee counties. This is essentially federal funding that will reimburse local government for money they spend up front for these kinds of disasters. The state’s request also includes a call for individual assistance to Shelby County homeowners and business owners whose property was damaged in the Memorial Day weekend storms.

97. Last Word: Easy Fishing on Big River, Competing City Priorities and Durham's Fine -

The Arkansas side of the Big River Crossing opened Wednesday for the first time since May 2 when a rising Mississippi River prompted its closing while the crossing proper on the north side of the Harahan Bridge remained open. There is still some of the muddy river left on the Arkansas flood plain and several dozen cranes stopping in Wednesday afternoon for some easy fishing in the shallow waters.

98. Last Word: Foote Homes Falls, Kellogg Layoffs and The SCS Ask -

Once upon a time in South Memphis it could be difficult to tell where Foote Homes began and Cleaborn Homes ended or vice versa. The key to this was which side of Lauderdale you were looking at. The east side was Cleaborn and the west was Foote with Lauderdale as the dividing line.

99. Fed Fines Deutsche Bank $41M Over Money Laundering Controls -

WASHINGTON (AP) – The Federal Reserve has fined Germany's largest bank $41 million for failure to maintain controls against money laundering in its U.S. operations.

The U.S. regulators announced the penalty against Deutsche Bank on Tuesday, citing "unsafe and unsound practices." The global bank also agreed to an order requiring it to improve oversight by senior management in complying with anti-money-laundering laws in the U.S. operations.

100. Medical District Apartments Sell for $5.2 Million -

A medical district apartment switches hands in a multimillion-dollar deal, a Downtown developer plans an apartment complex near FedExForum, and a California investor buys a local industrial portfolio. Details in this week’s Real Estate Recap...