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Editorial Results (free)

1. Council Reopens MLGW Rate Hike Consideration, Approves Term Limit Referendum -

Memphis City Council members decided Tuesday, Jan. 23, to take a second look at the gas and electric rate hike proposals they rejected two weeks ago. But they put off any new votes on the matter until the first council meeting in February after what is expected to be a lengthy discussion in committee earlier that same day at City Hall.

2. Hearing on Peabody Avenue Improvements Set Feb. 6 -

The city of Memphis will take public input on plans to make streetscape improvements along Peabody Avenue from Bellevue Boulevard to Cooper Street.

The hearing on Tuesday, Feb. 6, by the city engineering division is in advance of a resurfacing of Peabody in the summer financed with city capital funds.

3. Strength at FedEx Stands Out Among Memphis’ Fortune 500 Companies -

The reality confronting each of Memphis’ three publicly traded Fortune 500 companies is a little different as the year gets underway, with one of them the breakaway favorite in terms of investment and opportunity.

4. Council Talks With Head of TVA, Votes on Two More Ballot Questions -

Memphis City Council members talk with Tennessee Valley Authority president Bill Johnson Tuesday, Jan. 23, meet Mayor Jim Strickland’s nominee to replace retiring Memphis Light, Gas and Water Division president Jerry Collins and may renew discussions of electric and gas rate hikes proposed by MLGW that it voted down two weeks ago.

5. Jernigan Capital Launches Preferred Stock Offering -

Memphis-based Jernigan Capital Inc. has launched a public offering of Series B preferred stock.

The company – which provides debt and equity capital to private developers, owners and operators of self-storage facilities – said it expects to grant the underwriters a 30-day option to purchase additional shares of Series B preferred stock. And Jernigan Capital is planning to use the net proceeds from the offering to fund an investment in bridge financing related to five self-storage facilities in the Miami, Florida, metro area.

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

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

7. Christ Community Health Expanding on Broad Ave. -

Christ Community Health Services has received a $1 million federal capital grant to expand and renovate its Broad Avenue Health Center, 2861 Broad Ave., a project that includes a 2,480-square-foot addition and renovation of the existing 8,000-square-foot facility.

8. Midlife Look at Insurance Needs -

Ray’s Take: Life insurance is an important part of most overall financial plans. Replacing the capital value of the significant providers is critical should they not be able to provide. Owning the right insurance for the right price at the right time in your life is a crucial element to your financial well-being.

9. Container Apartments, Warehouse Moving Ahead -

Plans for a southeast Memphis textiles distribution facility and a Medical District apartment development made of shipping containers both took steps forward Wednesday, Jan. 17, with approvals from local boards.

10. Christ Community Health Expanding Broad Ave. Clinic -

Christ Community Health Services has received a $1 million federal capital grant to expand and renovate its Broad Avenue Health Center, 2861 Broad Ave., a project that includes a 2,480-square-foot addition and renovation of the existing 8,000-square-foot facility.

11. Christ Community Health Services Expanding Broad Ave. Clinic -

Christ Community Health Services has received a $1 million federal capital grant to expand and renovate its Broad Avenue Health Center, at 2861 Broad Ave., a project that includes a 2,480-square-foot addition and renovation of the existing 8,000 square foot facility.

12. New Small Cars Unveiled at Auto Show, But Will Anyone Buy? -

DETROIT (AP) – Among the many shiny models vying for attention at Detroit's North American International Auto Show are the revamped Volkswagen Jetta, Hyundai Veloster and Kia Forte.

But cars – particularly small ones – are having a tough time getting buyers to look their way as SUVs grow in popularity.

13. Inflation Watch: December Consumer Prices Up Just 0.1 Pct -

WASHINGTON (AP) – Consumer inflation slowed in December to a tiny 0.1 percent gain as energy costs retreated from a big jump in November.

The December increase in consumer prices followed a sharper 0.4 percent increase in November, the Labor Department reported Friday. The December gain was the smallest advance since October.

14. Some Utility Rates Could Go Down After US Corporate Tax Cuts -

OKLAHOMA CITY (AP) – Public utility regulators from Oklahoma to Massachusetts are considering lowering the rates that homeowners and businesses pay for electricity and natural gas after a federal tax overhaul signed into law by President Donald Trump reduced the corporate income tax rate by 14 percent.

15. Memphis Hilton Sale, New FedEx Hub Building Highlight Busy Week -

939 Ridge Lake Blvd.

Memphis, TN 38120

Sale Amount: $31 million

Sale Date: Jan. 3, 2018

Buyer: Linchris Hotel Corp.

Seller: Davidson Hotels and Resorts

16. Priam Purchases Primacy Parkway Property for $14M -

Nashville-based- Priam Capital has secured another East Memphis office property in a multimillion dollar deal.

In the deal, Priam Capital, doing business as Primacy III LLC bought the 130,000 square foot office building from Lone Star Funds doing business as LSREF2 Newtown for $14.1 million, according to a Jan. 9 warranty deed filed with the Shelby County Register.

17. Sears Raises $100M in New Financing, Eyes $200M in Cost Cuts -

NEW YORK (AP) – Sears has secured more financing, and is eying more cost cutting, as the beleaguered retailer reported a big sales drop during the critical holiday season.

The company, which operates Sears and Kmart stores, said Wednesday that it secured $100 million in new financing, will seek twice that from other sources, and will attempt $200 million in additional cost cuts this year unrelated to store closings. It also warned that if the company's efforts to complete these transactions are not fully successful, then the board will consider all other options to maximize the value of its assets.

18. City Council Rejects MLGW Gas, Electric Rate Hikes -

Memphis City Council members voted down proposed electric and gas rate hikes Tuesday, Jan. 9, but left the door open to reconsider that.

Approval of Memphis Light, Gas and Water Division’s annual budget, which is based in part on such rate revenue, was delayed for two weeks.

19. The Lane Ahead -

His first vision, Trey Moore says, was to become a “film and video type guy.” He had graduated Southaven High School, earned a communications degree at Memphis State, but didn’t have designs on going all-Hollywood.

20. Council Rejects MLGW Gas, Electric Rate Hikes, Dumps Frayser Landfill -

Memphis City Council members voted down proposed electric and gas rate hikes Tuesday, Jan. 9. But they left the door open to either reconsidering that or some shorter term rate hikes by delaying for two weeks approval of Memphis Light Gas and Water Division’s annual budget.

21. County Commission Wants to Firm Up Minority Contract Rules -

Shelby County commissioners approved a $1.6 million contract Monday, Jan. 8, for mobile data terminals, tablets and wireless routers for the Shelby County Sheriff’s Office.

The contract with Tate Computer Systems Inc. is an entry into a system of body cameras for sheriff’s deputies. Capital funding for the hardware came from a line item for a delayed health clinic that will be built in the next fiscal year, according to county chief administrative officer Harvey Kennedy.

22. Retail Workers Feel Disruption From Shifting Shopper Habits -

NEW YORK (AP) – With new options and conveniences, there's never been a better time for shoppers. As for workers ... well, not always.

The retail industry is being radically reshaped by technology, and nobody feels that disruption more starkly than 16 million American shelf stockers, salespeople, cashiers and others. The shifts are driven, like much in retail, by the Amazon effect – the explosion of online shopping and the related changes in consumer behavior and preferences.

23. Apple Investors Urge Action to Curb Child Gadget Addiction -

NEW YORK (AP) – Two major Apple investors have urged the iPhone maker to help curb smartphone addiction among children, highlighting growing concern about the effects of gadgets and social media on youngsters.

24. Predicting the Turn -

A Back End of Innovation 2017 Conference keynote presentation by author Dave KnoxBy living in two worlds at once – both the corporate and startup worlds – Dave sees the fruitful interplay between the two and the spaces in between.

25. City Council to Consider Ideas to Mitigate Kroger Closures -

Memphis City Council members will talk Tuesday, Jan. 9, about the decision of Kroger’s Delta Division to close two of its Memphis stores in 3 1/2 weeks.

The sudden announcement could create food deserts in those areas of the city and make it difficult of recruit replacement stores.

26. Companies Boost Wages and More Post-Tax Reform -

Dozens of companies, many with ties to Memphis, have pledged a series of actions that include one-time employee bonuses, charitable spending and 401(k) contribution increases, among other steps, in response to savings they expect to see from recently enacted Republican tax cuts.

27. AP Source: Former Uber CEO Kalanick Selling Part of Stake -

DETROIT (AP) — Uber co-founder and former CEO Travis Kalanick will sell 29 percent of his stake in the ride-hailing service, a person briefed on the deal says.

The sale is part of a transaction with investors that includes Softbank Group Corp. and would bring Kalanick about $1.4 billion, according to the person, who asked not to be identified because the sale terms are private. Kalanick had not previously sold Uber shares but decided to do so now to diversify his holdings, the person said.

28. 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.

29. Celebrating 2018 Around the World -

Best-destination travel lists often are random with no real rhyme or reason other than a particular destination doing a fantastic job marketing itself to travel writers. And yes, I’ve written a few of these lists through the years.

30. Heritage Trail Historic Effort Get $45K Federal Grant -

The National Park Service has approved a $45,000 federal grant to the city of Memphis for the continued development of the Memphis Heritage Trail area.

U.S. Rep. Steve Cohen of Memphis announced the grant Thursday, Dec. 28.

31. Gibson Guitar Factory Property Fetches $14.4M, New Midtown Tiki Bar Opening Soon -

145 Lt. George W Lee Ave.

Memphis, TN 38103

Sale Amount: $14.4 million

Sale Date: Dec. 27, 2017

Buyer: Somera Road Inc., Tricera Capital

32. Citing US Tax Reform Bill, First Horizon Pays Bonuses -

First Tennessee Bank’s parent company has joined other major U.S. employers like AT&T and Comcast in pledging bonuses for employees in the wake of the recent tax reform legislation passed by Congress.

33. Gibson Guitar Factory Sold for $14.1 Million -

A warranty deed filed Dec. 27 with the Shelby County Register of Deeds shows that buyers paid $14.4 million for the Gibson Guitar Factory property in Downtown Memphis.

The Daily News first reported that investment firms Somera Road Inc. of New York and Tricera Capital of Miami, Florida, bought the property on Dec. 5.

34. Gibson Guitar Factory Sold for $14.1 Million -

A warranty deed filed Dec. 27 with the Shelby County Register of Deeds shows that buyers paid $14.1 million for the Gibson Guitar Factory property in Downtown Memphis.

The Daily News first reported that investment firms Somera Road Inc. of New York and Tricera Capital of Miami, Florida, bought the property on Dec. 5.

35. Summer Ave. Retail Building Gets New Owner -

A 10,000-square-foot retail building on Summer Avenue has sold for $500,000.

Commercial Capital Group LLC purchased the property at 4798 Summer Ave., which currently houses Plasma Biological Services, from Irvin D. Califf, the Sue Ballin Family Trust and M.N. Silverman. NAI Saig Co. executive vice president Brian Califf and executive sales associate Daniel McPhail represented the sellers in the deal.

36. US Consumer Confidence Dips in December, Remains Strong -

WASHINGTON (AP) – Americans were a bit less confident about this economy this month than they were in November, but their spirits remained high overall during the holiday shopping season.

37. Small Retailers Capitalized on Strengths for Holiday Season -

NEW YORK (AP) – Independent retailers who've had a successful holiday season say they took advantage of the fact that there are strengths in not being huge.

Store owners report they were able to change pricing and other strategies quickly. Many offered customers more personal service and a warmer atmosphere. And they said they used social media tools designed for smaller companies, including inexpensive ads on Facebook.

38. 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.

39. Citing US Tax Reform Bill, First Horizon Pledges Bonuses -

First Tennessee Bank’s parent company has joined other major U.S. employers like AT&T and Comcast in pledging bonuses for employees in the wake of the recent tax reform legislation passed by Congress.

40. Citing Tax Reform Bill, First Tennessee Parent Co. Announces $1,000 Bonuses -

First Tennessee Bank’s parent company has joined other major U.S. employers like AT&T and Comcast in pledging bonuses for employees in the wake of the recent tax reform legislation passed by Congress.

41. US New Home Sales Skyrocket 17.5 Percent in November -

WASHINGTON (AP) – Americans stepped up their purchases of new homes at the fastest pace in more than 25 years in November, with sales skyrocketing 17.5 percent amid robust demand and a continued shortage of existing homes on the market.

42. Tenn. Unemployment Rate Below National Average -

The unemployment rate in the state of Tennessee was “significantly” lower throughout the month of November, according to the latest data released by the U.S. Department of Labor and Workforce Development.

43. UTHSC’s New Police HQ To Serve Entire Medical District -

With multiple multimillion-dollar projects sprouting up not only on the University of Tennessee Health Science Center campus but throughout the Memphis Medical District as a whole, one project hopes to tie them all together – UTHSC’s $20 million security investment.

44. Downtown Hotel Revival; Two Companies Look to Expand in Southwest Memphis -

5050 E. Holmes Road
Memphis, TN 38118

Project Cost: $720,000

Application Date: Dec. 20, 2017

45. Technicolor, Agilent Approved for Tax Incentives -

The Economic Development Growth Engine for Memphis and Shelby County approved a pair of tax abatements Wednesday, Dec. 20, that have the potential to affect more than 1,000 jobs in the county.

The payment-in-lieu-of-taxes agreement for California-based life sciences, diagnostics and applied chemical company Agilent Technologies would create 117 new jobs, while one for a division of multimedia production and distribution giant Technicolor would retain anywhere from 158 to 916 jobs.

46. Fall Creek Falls: Sound Plan or Political Payback -

Merry Christmas and Happy New Year! Now go find a job. That’s the message the state of Tennessee is sending nearly 60 employees at Fall Creek Falls State Park this joyous holiday season.

47. 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.

48. FedEx Forecasts Record Holiday Deliveries -

It wasn’t just solid news all around 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.

49. FedEx Forecasts Record Holiday Deliveries -

It wasn’t just solid news all around 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.

50. FedEx Forecasts Record Holiday Deliveries -

It wasn’t just solid news all around 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.

51. Insurer Humana Pushes Deeper Into Delivery of Health Care -

Humana will buy part of Kindred Healthcare's home health business, the latest example of a health insurer growing more involved in the delivery of care on top of handling the bills for it.

The insurer said Tuesday it will pay about $800 million in cash for a 40-percent stake in the business, which includes hospice care and serves about 130,000 patients daily. The remaining stake will be purchased by the private equity firms TPG Capital and Welsh, Carson, Anderson & Stowe.

52. 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.

53. 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.

54. City Council May Vote To Phase In MLGW Rate Hikes -

Memphis City Council members vote Tuesday, Dec. 19, on a set of water, gas and electric rate hikes recommended by Memphis Light, Gas and Water Division to take effect next month.

A council committee is recommending the electric and gas-rate increases be phased in over several years.

55. Possible Trader Joe’s Update, New $35M Airport Facility -

In this week’s Real Estate Recap, a new development in the saga of Germantown’s Trader Joe’s, Memphis International Airport begins work on a new $35 million facility, and Central BBQ announces a new a location...

56. 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.

57. Cooper-Young Historic District, Shelby Farms Mixed-Use Project Approved by LUCB -

During its last meeting of 2017, The Shelby County Land Use Control Board tackled a particularity large slate of notable projects, including a massive $142 million mixed-use development on the outskirts of Shelby Farms and the fate of Cooper-Young’s Landmarks status.

58. Plan for Retirement Health Care Costs With an HSA -

Planning for health care costs during retirement is a key component of your overall plan. According to Fidelity Benefits Consulting, a 65-year-old couple retiring this year will need an average of $275,000 (in today’s dollars) to cover medical expenses throughout retirement – and that does not include potential long-term care costs.

59. Robertson Reignites United Way’s Iconic Brand -

“All the women in my family are natural-born leaders,” Lori Spicer Robertson says as she leans forward in her desk chair. “To me, that was the norm – just what you did.”

60. Last Word: Grizz Speculation, SCS Grade Floors and Cedar Heights -

Grizz lose to the Wizards 93-87 in Washington. And ESPN columnist Zach Lowe says the team has lost its identity as well as a lot of games. CBSSports reports Marc Gasol is open to a trade but will not request one. And if you are looking to go far afield with the theories, here’s one from a Dallas Mavericks fansight, mavsmoneyball, that includes a really good graphic on the salaries of Grizz players.

61. 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.

62. Trader Joe’s Still Mystery As Developers Buy Old Kroger -

Developers planning to renovate the old Kroger location at 2130 Exeter Road in Germantown have bought out the property’s previous owners in a multimillion-dollar deal.

63. Developers of Old Kroger Site Buy Property for $8M -

The developers planning the renovations of the old Kroger location at 2130 Exeter Road have bought out the property’s previous owners in a multimillion-dollar deal.

Savannah, Georgia-based Wicker Park Capital Management, doing business as 2130 Exeter Road Holdings, has acquired the site from previous owner Robert H. Schwab for $8.1 million, according to warranty deed filed with the Shelby County Register on Dec. 11.

64. Gibson Guitar Factory Sale Clears First Hurdle -

The Center City Revenue Finance Corp. approved a lease transfer request by the new owners of the Gibson Guitar Factory in Downtown Memphis on Tuesday Dec. 12, effectively clearing the way for the lengthy redevelopment process to begin.

65. Public Art Process Getting New Brush -

The more abstract or open to interpretation public art is, the more varied the reactions will be. And for some political leaders, the more likely it is they will hear complaints from those who see it.

66. WA -

Good morning, Memphis! Dust off your robes and lightsabers, because the latest “Star Wars” movie hits theaters this week. Of course, there’s plenty more to keep you busy in the coming days. Here’s what you need to know about in The Week Ahead – no Jedi powers required.

67. Week Ahead -

Good morning, Memphis! Dust off your robes and lightsabers, because the latest “Star Wars” movie hits theaters this week. Of course, there’s plenty more to keep you busy in the coming days. Here’s what you need to know about in The Week Ahead – no Jedi powers required.

68. The Week Ahead: Dec. 11-17 -

Good morning, Memphis! Dust off your robes and lightsabers, because the latest "Star Wars" movie hits theaters this week. Of course, there's plenty more to keep you busy in the coming days. Here's what you need to know about in The Week Ahead - no Jedi powers required.

69. 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.

70. Jernigan Capital Finances Facility Near Boston -

Memphis-based Jernigan Capital Inc., a real estate investment trust that provides debt and equity capital for self-storage facilities, has closed a $8.7 million investment in a proposed multistory, climate-controlled, 719-unit facility in Salem, New Hampshire, a suburb of Boston.

71. Lesley Brown Steers Local Education to True North -

Try not to smile when you hear Lesley Brown use the word “kiddos.” I dare you. Try not to feel an immediate rush of care for the children she’s dedicating her career to advancing and engaging.

72. Jernigan Capital Finances Facility Near Boston -

Memphis-based Jernigan Capital Inc., a real estate investment trust that provides debt and equity capital for self-storage facilities, has closed a $8.7 million investment in a proposed multistory, climate-controlled, 719-unit facility in Salem, New Hampshire, a suburb of Boston.

73. 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.

74. Outside Investors to Purchase Gibson Factory in Downtown Memphis -

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.

75. First Horizon, Capital Complete $2.2B Merger -

The $2.2 billion deal between Memphis-based First Horizon National Corp. and Capital Bank Financial Corp. of Charlotte, North Carolina, has been completed, creating the fourth-largest regional bank in the Southeast.

76. City Council to Discuss Memphis Pre-K Funding -

Memphis City Council members discuss Tuesday, Dec. 5, a still-forming proposal to fund an expansion of prekindergarten services in Memphis.

The discussion during the 2:15 p.m. executive session comes with a resolution that councilman Kemp Conrad, one of the resolution’s sponsors, said last week makes the case for some degree of city funding for pre-K.

77. Coalition Taps Green & Healthy Homes Initiative -

Leaders from Memphis and Shelby County and representatives from nearly 25 partner organizations signed an agreement Thursday morning, Nov. 30, at the Benjamin L. Hooks Central Library in East Memphis to work together on Tennessee’s first Green & Healthy Homes Initiative (GHHI) led by the Baltimore-based organization.

78. 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.

79. First Horizon-Capital Bank Merger Now Complete -

The parent company of First Tennessee Bank will end 2017 as a significantly larger institution, with billions more in assets, deposits and loans, thanks to the completion Nov. 30 of its merger with Charlotte, North Carolina-based Capital Bank Financial Corp.

80. First Horizon, Capital Bank Divest Two Branches -

The parent company of First Tennessee Bank and Charlotte, North Carolina-based Capital Bank Financial Corp. have jointly agreed to sell two Capital Bank branches in East Tennessee to Apex Bank.

81. 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.

82. Coalition Signs on With Green & Healthy Homes Initiative -

Leaders from Memphis and Shelby County and representatives from nearly 25 partner organizations signed an agreement Thursday morning, Nov. 30, at the Benjamin L. Hooks Central Library in East Memphis to work together on Tennessee’s first Green & Healthy Homes Initiative (GHHI) led by the Baltimore-based organization.

83. Lake District Developer Pays Back Lender, Project 'Gathering Steam' -

A little more than a month after Gilad Development Co. began demolition of the shuttered Lakeland Factory Outlet Mall to pave way for the $375 million Lake District project, the developers have cleared another major hurdle.

84. Powell Casts Himself as a Figure of Stability for the Fed -

WASHINGTON (AP) – Jerome Powell says that if confirmed as the next chairman of the Federal Reserve, he expects the Fed to continue raising interest rates gradually to support its twin goals of maximum employment and stable prices.

85. Meat-Loving Arby's to Buy Buffalo Wild Wings for $2.4B -

NEW YORK (AP) – Arby's said Tuesday that it is buying Buffalo Wild Wings for about $2.4 billion, making it the latest casual restaurant chain to be taken private.

Buffalo Wild Wings, which serves chicken wings in a sports bar-like atmosphere, has reported falling sales as it and other casual restaurants lose customers to cheaper and faster chains. In the most recent quarter, it reported a 2.3 percent sales drop at its established restaurants.

86. First Horizon, Capital Bank Divest Two Branches -

The parent company of First Tennessee Bank and Charlotte, North Carolina-based Capital Bank Financial Corp. have jointly agreed to sell two Capital Bank branches in East Tennessee to Apex Bank.

87. Destined for Greatness -

A modest eight-unit apartment building in the shadows of the $200 million Crosstown Concourse may not carry the name value or financial gravitas of its massive neighbor, but for a group of local kids, it has the chance to change their lives.

88. It's Tax Time for Fund Investors, Even Those Doing Nothing -

NEW YORK (AP) – The end of the year can mean tax headaches for some mutual-fund investors, this year potentially more so than others.

Companies have started to warn investors of distributions they'll make by the end of December. For anyone with a fund outside a tax-advantaged account, these payments can trigger a tax bill, even if they never sold any shares themselves.

89. Council Moves Toward Alcohol on Main Street -

Memphis City Council members delayed a final vote Tuesday, Nov. 21, on an ordinance that sets out options for the removal of statues of Nathan Bedford Forrest and Jefferson Davis in city parks, but moved forward on a proposal to allow open alcohol containers and consumption on Main Street.

90. Officials Talk Bioscience Research Partnership -

Three major Memphis health care institutions including the University of Tennessee Health Science Center have established a formal partnership to help spur the commercialization of bioscience and technology breakthroughs.

91. Health Nominee Reaped Big Earnings From Drug Industry Tenure -

WASHINGTON (AP) – Newly disclosed financial records show that President Donald Trump's nominee to become Health and Human Services secretary reaped big earnings during his tenure as a top pharmaceutical executive.

92. Amazon Goes Into the Holidays With Magnified Store Presence -

NEW YORK (AP) – Amazon goes into the holiday season with a newly magnified brick-and-mortar presence, giving it more opportunities to sell its Kindle e-readers, Fire tablets and other gadgets.

93. Council to Take Final Vote on Confederate Monuments Alternatives -

Memphis City Council members are scheduled to take a final vote Tuesday, Nov. 21, on an ordinance that sets out options for the removal of Nathan Bedford Forrest and Jefferson Davis statues in city parks, and will discuss amending a city ordinance to allow the consumption of alcoholic beverages on Main Street Downtown.

94. Museum of the Bible, Built by Hobby Lobby Owner, Opens in DC -

WASHINGTON (AP) – Eight years ago, Hobby Lobby president Steve Green found a new way to express his Christian faith. His family's $4 billion arts and craft chain was already known for closing stores on Sundays, waging a Supreme Court fight over birth control and donating tens of millions of dollars to religious groups.

95. Airline Proposes 24 Round Trips Between Nashville and Tupelo -

TUPELO, Miss. (AP) – Contour Airlines is proposing 24 round trips between a Mississippi city and Tennessee's capital.

The Northeast Mississippi Daily Journal reports Contour offered the flights between Tupelo and Nashville hoping to continue the trips when its new contract goes into effect March 1. The Tupelo Airport Authority voted last month to keep Contour as the provider.

96. Fed Official: Memphis Area Banks ‘Performed Well’ in Third Quarter -

News is more positive that not these days for Memphis-based banks, according to a newly released report from the Federal Reserve Bank of St. Louis.

97. Shelby Farms Draws $142 Million, 71-Acre Development -

Elmington Capital Group has submitted plans for a 71-acre senior housing, apartment and single-family development next to Shelby Farms Park. Dwell at Shelby Farms is a new $142 million development to be located on the north side of Raleigh-LaGrange Road near the intersections of Trinity and Fischer Steel roads.

98. US Air Force Official: Missile Targeting Saudis Was Iranian -

DUBAI, United Arab Emirates (AP) — Iran manufactured the ballistic missile fired by Yemen's Shiite rebels toward the Saudi capital and remnants of it bore "Iranian markings," the top U.S. Air Force official in the Mideast said Friday, backing the kingdom's earlier allegations.

99. FedEx Projects Record-Setting Holiday Season -

FedEx Corp. is forecasting another record-setting peak holiday shipping season, with an ex-pected volume of 380 million to 400 million packages across its global network between Black Friday and Christmas Eve.

100. Faropoint Buys 2 Properties After Trustmark Centre Sale -

Fresh off of the sale of Trustmark Centre, Faropoint Ventures has acquired two more substantial office assets.

The Israeli investment firm bought the Lipscomb & Pitts Building, 2670 Union Ave. Extended, and Poplar Towers, 6263 Poplar Ave., for a combined $19.3 million using capital from the Trustmark Centre sale. The purchase also includes the high-end restaurant Fleming’s, 6245 Poplar, and an AT&T store at 6267 Poplar, both outparcels to Poplar Towers.