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Editorial Results (free)

1. 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.

2. 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.

3. 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.

4. Lehman-Roberts’ Moore Lauded By Asphalt Industry Group -

Rick Moore, who is retiring as chairman of Lehman-Roberts Co. March 31 after 46 years with the company, has been named the National Asphalt Pavement Association’s Man of the Year. 

5. Dean Brings Business Focus to Nonprofit Alliance as Interim CEO -

In 1995 when Nancy McGee became executive director of what is now known as the Alliance for Nonprofit Excellence, it was just a small grant-writing center. It grew into a holistic nonprofit support organization that offers management services to more than 200 members.

6. Fred’s Brings on New Board Members -

Change continues to be the operative word at Memphis-based retailer Fred’s Inc., which has made some key additions to its board in recent days as the company continues pursuing a major turnaround that includes completing its acquisition of 865 Rite Aid stores.

7. Veteran Attorney Bartlett Joins Shea, Moskovitz & McGhee -

Attorney Gray Bartlett has joined Shea, Moskovitz & McGhee, where his practice areas include criminal defense, asset forfeiture and federal criminal law. Prior to joining the firm, Bartlett practiced for 17 years with Ballin, Ballin & Fishman PC.

8. Norris Seeks to Curb Senior Abuse With New Laws -

NASHVILLE – Calling elderly abuse a “silent crisis,” state Sen. Mark Norris is leading a legislative effort to stop physical, mental and financial abuse of vulnerable adults with bills to expand protections and increase penalties.

9. YWCA to Hold 20th Annual Benefit Luncheon March 8 -

The YWCA of Greater Memphis will feature Grammy Award nominee Michel’le at its 20th annual benefit luncheon for domestic violence, scheduled for March 8.

Known for her childlike speaking voice, Michel’le’s 1989 debut album sold more than 1.5 million copies and produced such hits as “Turn off the Lights,” “Nicety” and “Something in My Heart.” Decades later, she returned to the limelight as a reality TV star on “R&B Divas: LA,” which aired on TV One from 2013 until 2015.

10. Norris Seeks to Curb Senior Abuse With New Laws -

NASHVILLE – Calling elderly abuse a “silent crisis,” state Sen. Mark Norris is leading a legislative effort to stop physical, mental and financial abuse of vulnerable adults with bills to expand protections and increase penalties.

11. Moorman Named Chief Scientist at Ducks Unlimited -

Tom Moorman has been named chief scientist of Memphis-based Ducks Unlimited, the world’s largest nonprofit dedicated to conserving North American waterfowl habitats. Moorman, who will take over from retiring chief scientist Scott Yaich on March 1, has worked for DU for more than 25 years, most recently serving as head of its 13-state Southern Region.
As chief scientist, Moorman will serve as DU’s leader on waterfowl and habitat science, provide vision and direction in addressing DU’s science needs and ensure it maintains its standing and credibility as a top-notch science-based organization.

12. Trump Moves to Scale Back Financial Regulations -

WASHINGTON (AP) – President Donald Trump is taking his first steps aimed at scaling back financial services regulations, and the Republican-run Congress cast a vote early Friday signaling that it's eager to help.

13. Dean to Replace McGee As CEO of Nonprofit Alliance -

Nancy McGee, who has given 25 years of service to the Alliance for Nonprofit Excellence, is retiring as CEO of the organization, but will remain with the alliance as CEO emeritus through April.

14. McGee Retiring, Dean Named CEO of Nonprofit Alliance -

Nancy McGee, who has given 25 years of service to the Alliance for Nonprofit Excellence, is retiring as CEO of the organization, but will remain with the alliance as CEO emeritus through April.

15. Hart’s Tenure as AD Has Been Mostly Good for Vols -

While we wait – and wait and wait and wait – for the University of Tennessee to hire its next athletics director, let’s ponder the man who soon will walk out the door.

Dave Hart is leaving the UT athletics department better than he found it. He got things back on solid financial footing. He brought a measure of stability.

16. Nonprofit Alliance CEO Nancy McGee Retiring -

Nancy McGee, who has given 25 years of service to the Alliance for Nonprofit Excellence, is retiring as CEO of the organization but will remain with the alliance as CEO emeritus through April of this year.

17. Nonprofit Alliance CEO Nancy McGee Retiring -

Nancy McGee, who has given 25 years of service to the Alliance for Nonprofit Excellence, is retiring as CEO of the organization but will remain with The Alliance as CEO emeritus through April of this year.

18. View From the Hill: Haslam Plan Tilts Broadband Playing Field -

State Reps. Pat Marsh and Art Swann emerged from a meeting underwhelmed by Gov. Bill Haslam’s legislation to spread broadband internet access across Tennessee.

“I thought there would be a lot more to it,” says Marsh, a Shelbyville Republican, calling the proposal “a drop in the bucket” financially but at least a starting point.

19. Stanifer Takes On Creative Role at Hollywood Feed -

Hollywood Feed has promoted Katherine Stanifer to graphic art manager, a role that includes serving as the lead graphic designer for brand assets for the retailer’s 50 locations across the Southeast. Stanifer works closely with Hollywood Feed’s director of advertising & creative, Billie Claire Darby, on a variety of projects ranging from internal training videos to monthly sales catalogs.

20. Ernest Strickland Takes On Workforce Role at Chamber -

The Greater Memphis Chamber has promoted Ernest Strickland to senior vice president of workforce development, a newly created role. Strickland, who has worked at the chamber since 2006, previously served as vice president of international and business partnerships.
In his new position, he is responsible for creating and implementing the chamber’s workforce development strategy. His department serves as a liaison, working directly with existing and prospective businesses to ensure they are able to attract and retain a qualified workforce today and in the future.

21. 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.

22. First Horizon CEO: 2017 Brings ‘Good Growth Opportunities’ -

A week ahead of his bank’s earnings presentation to analysts – which will close the books on 2016 with a fourth quarter and full-year report – the top executive at First Tennessee Bank’s parent company is in an optimistic mood.

23. With Trump's Victory, GOP Hopes to Overhaul Medicaid -

ATLANTA (AP) – When President-elect Donald Trump takes office in January, Republicans will have the opportunity to pull off something they have wanted to do for years – overhaul Medicaid, the program that provides health care to tens of millions of lower-income and disabled Americans.

24. AP Investigation: Eric Trump Foundation Flouts Charity Standards -

A charity operated by one of Donald Trump's sons flouts philanthropic standards by financially benefiting charities connected to the Trump family and members of the charity's board, an Associated Press investigation shows.

25. Trump Says He's Leaving Businesses to Avoid Conflicts -

NEW YORK (AP) – President-elect Donald Trump declared Wednesday he will leave his business empire behind to focus on his presidency. But the prospect that he could simply shift more control to three of his adult children looked too cozy to some business-ethics specialists who suggest the arrangement could bring unprecedented conflicts of interest into the Oval Office.

26. Trump's Illegal Immigration Stance May Boost Private Prisons -

BOISE, Idaho (AP) – The population of American prisons is likely to rise for the first time in nearly a decade with President-elect Donald Trump's promise to detain and deport millions of immigrants who are in the country illegally and his selection of tough-on-crime Sen. Jeff Sessions to the nation's highest law enforcement post.

27. Daniels Rejoins Mahaffey Tent As Director of Operations -

John “Jack” Daniels has rejoined Mahaffey Tent & Event Rentals as director of operations, a role he has previously held. Daniels brings more than 20 years of experience in event planning and operations. He most recently was a service manager at NES Rentals’ Cordova and Memphis branches. He also currently owns EventOps, an event company that specializes in corporate events and managing event budgets.

28. Baker Donelson to Merge With Ober/Kaler Law Firm -

Baker Donelson is merging with national law firm Ober/Kaler effective Jan. 1, creating one of the 50 largest law firms in the country.

The combined company will retain the Baker Donelson name.

29. Baker Donelson to Merge With Ober/Kaler Law Firm -

Baker Donelson is merging with national law firm Ober/Kaler effective Jan. 1, creating one of the 50 largest law firms in the country.

The combined company will retain the Baker Donelson name.

30. Baker Donelson Merging With Ober/Kaler of Baltimore -

Baker Donelson is merging with national law firm Ober/Kaler effective Jan. 1, creating one of the 50 largest law firms in the country.

The combined company will retain the Baker Donelson name.

31. 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.

32. Women’s Foundation Has 2-Generation Approach to Reduce Poverty in 38126 -

The Women’s Foundation for a Greater Memphis has a big goal to reduce poverty by 5 percent over the next five years in the 38126 ZIP code in South Memphis.

Its Vision 2020 Strategic Plan is how it will tackle that challenge head on. And on Thursday, Oct. 27, the foundation will hold Power of the Purse, a combination silent and live auction event benefitting the Vision 2020 effort. The event takes place from 6:30 p.m. to 8:30 p.m. at The University Club of Memphis.

33. First Horizon Grows Third Quarter Net Income -

The parent company of the largest bank based in Memphis is marching toward year’s end increasingly confident about its financials and outlook.

Results from the third quarter for First Horizon National Corp. released Friday, Oct. 14, show why that’s the case.

34. Haslam Appoints 8 to New University of Memphis Board -

Tennessee Gov. Bill Haslam has appointed eight business leaders, including a former University of Memphis interim president and the CEO of J.C. Penney Co., to the newly formed governing board of the University of Memphis.

35. Litigator Kimberly Hodges Joins Ogletree Deakins -

Kimberly Hodges has joined Ogletree, Deakins, Nash, Smoak & Stewart P.C., one of the largest labor and employment law firms representing management, as a shareholder in the Memphis office. Hodges has 16 years’ experience as an attorney focused on employment law counseling and litigation. She comes to Ogletree Deakins from Federal Express Corp., where she served as lead counsel – litigation and employment.

36. Morgan Promoted to CFO At Pyro’s Fire Fresh Pizza -

Marty Morgan has been promoted to chief financial officer at Pyro’s Fire Fresh Pizza amid the Memphis-based company’s expansion into other regional markets. In his new role, Morgan will oversee corporate functions at the Memphis headquarters and continue to build out the personnel and technology infrastructure needed to support regional growth while making sure financial performance stays on track.

37. Oyler Named City of Memphis’ Bike/Ped Program Manager -

Nicholas Oyler has been named bikeway and pedestrian program manager for the city of Memphis, tasked with establishing walking and biking as safe, convenient and realistic forms of transportation in the city. The wide scope of the position includes tasks such as expanding Memphis’ network of bike lanes, implementing new pedestrian safety projects and educating individuals on the role of walking and biking.

38. Analysts See M&A in First Horizon Future -

After Bryan Jordan, the top executive at First Tennessee Bank’s parent company, had talked for about 30 minutes earlier this month at the 2016 Barclays Global Financial Services Conference, audience members were polled.

39. Events -

Mid-South Association for Financial Professionals will meet Thursday, Sept. 22, at 11:30 a.m. at the University of Memphis Fogelman Executive Center, 330 Innovation Drive. Kevin Bye, senior manager, tax services at EY, will discuss tax and politics. AFP is waiving guest fees for this meeting. Register at midsouthafp.org.

40. Events -

Talk Shoppe will meet Wednesday, Sept. 21, from 9 a.m. to 10 a.m. at the University of Phoenix’s Memphis campus, 65 Germantown Court, first floor. Juanita Hamilton of the city of Memphis will discuss the city’s down payment assistance programs. Cost is free. Visit talkshoppe.biz or call Jo Garner at 901-482-0354.

41. OB-GYN Shweta Patel Joins Adams Patterson Gynecology -

Dr. Shweta Patel has joined Adams Patterson Gynecology & Obstetrics as a board-certified obstetrician and gynecologist. Patel, who’s a lieutenant commander of the Medical Corps of the United States Navy, comes to Adams Patterson after serving as a naval medical officer and sexual assault response liaison at Walter Reed National Military Medical Center.

42. House Panel to Probe Wells Fargo Opening of Accounts -

WASHINGTON (AP) – A House panel is starting an investigation of Wells Fargo amid a growing scandal over its opening of millions of unauthorized accounts.

The House Financial Services Committee on Friday announced an investigation of the allegedly illegal activity by Wells Fargo employees to meet aggressive sales goals as well as the role of federal regulators in the debacle.

43. Pinnacle Financial Expands Team in Memphis -

Pinnacle Financial Partners has added a few new professionals in Memphis.

Tiffany Burton has joined the bank as a merchant services adviser. She comes most recently from Elavon Merchant Services, where she served as an account executive for Regions Bank and a regional account executive in the Memphis and Germantown areas for First Tennessee Bank.

44. SEACAP Financial Helping Clients Navigate Economic Waves -

What, a prospective client might fairly wonder, is a Memphis-based business advisory group doing with the name SEACAP Financial? Don’t they realize their nearest shore is beside the Mississippi River?

45. Wells Fargo Cutting Sales Goal in Wake of Hefty Fine -

NEW YORK (AP) – Wells Fargo is cutting its aggressive product sales goals for retail bankers, the bank announced Tuesday after state and federal regulators fined it $185 million last week for allegedly opening millions of unauthorized accounts to meet those targets.

46. Pinnacle Financial Expands Team in Memphis -

Pinnacle Financial Partners has added a few new professionals in Memphis.

Tiffany Burton has joined the bank as a merchant services adviser. She comes most recently from Elavon Merchant Services, where she served as an account executive for Regions Bank and a regional account executive in the Memphis and Germantown areas for First Tennessee Bank.

47. New Type of Subdivision to Replace Foote Homes -

Memphis’ last traditional public housing complex is coming down and a new kind of subdivision will rise in its place.

The Land Use Control Board formally accepted the site plan for the South City development at its Thursday, Sept. 8, meeting. With the help of a $30 million federal Choice Neighborhoods grant, the Memphis Housing Authority plans to raze the 420 units of Foote Homes that date back to the 1940s to make way for Memphis’ first sustainable subdivision.

48. Enoble Business Capital Offices Sell in Foreclosure -

813 Ridge Lake Blvd.

Memphis, TN 38120

Sale Amount: $9.6 million

Sale Date: Aug. 31, 2016

Buyer: Merchants Capital Real Estate LLC

49. Mallory Alexander Adds To Executive Team -

Robert “Bob” E. Mallory has been appointed chief administrative officer for Memphis-based supply chain specialist Mallory Alexander International Logistics.

Mallory will be based in Memphis and will focus on developing programs to drive company growth through expansion and acquisitions. He is a member of the fifth-generation family that owns the Mallory Alexander company, and he has more than 20 years of international sales experience in former positions at Morgan Keegan & Co. and Raymond James Financial.

50. How to Prepare for a Board Meeting -

Editor’s note: Part two of a two-part interview with Kim Moss. The board of directors plays a critical role in the life of a nonprofit. While each board is unique, best practices can increase a board’s effectiveness.

51. Mallory Alexander Adds To Executive Team -

Robert “Bob” E. Mallory has been appointed chief administrative officer for Memphis-based supply chain specialist Mallory Alexander International Logistics.

Mallory will be based in Memphis and will focus on developing programs to drive company growth through expansion and acquisitions. He is a member of the fifth-generation family that owns the Mallory Alexander company, and he has over 20 years of international sales experience in former positions at Morgan Keegan & Co. and Raymond James Financial.

52. Target Cuts Outlook as It Sees Fewer Customers in Stores -

NEW YORK (AP) – Target Corp. cut its profit forecast and a key sales outlook Wednesday as it saw fewer customers in its stores and acknowledged it didn't push the second part of its "Expect More, Pay Less" slogan.

53. Westminster Names Sparks Head of Upper School -

Amanda Sparks has joined Westminster Academy as the head of upper school for the 2016-17 school year. Sparks, who previously was principal of Haw River Christian Academy in Pittsboro, N.C., will lead the upper school faculty and staff in providing classical academics and a Christian culture for grades 7-12.

54. DeafConnect Gets New Director, Website -

A local nonprofit dedicated to deaf, deaf-blind and hard of hearing resources, is welcoming some big changes this month with a new executive director and a fresh website platform.

De Linda Brite steps in as DeafConnect of the Mid-South’s new executive director, succeeding Teresa Wilson, who spent five years leading the organization.

55. Wal-Mart Buying Online Retail Newcomer Jet.com -

NEW YORK (AP) — Wal-Mart is buying fast-growing online retailer Jet.com for $3 billion in cash plus $300 million in stock, scooping up a newcomer that launched a year ago with the intention of challenging online leader Amazon.

56. BBB Names Crowder Director Of Business Development -

Carol Crowder has joined the Better Business Bureau of the Mid-South as director of business development, responsible for increasing the number of BBB-accredited businesses and growing revenue throughout the 28 counties that BBB of the Mid-South serves. She also will work with accredited areas to help them take advantage of BBB services to help them promote and grow their businesses. Crowder has more than 20 years’ experience in sales, marketing and operations. She previously served as an associate director for ALSAC/St. Jude. 

57. Humane Society Seeks New Leader After Terminating Director’s Contract -

The Humane Society of Memphis and Shelby County has terminated executive director Andrew Jacuzzi’s contract and retained Amy Howell as consulting interim director.

58. Task Force’s New Health Plan Promising -

A 3-Star Healthy Task Force appointed to propose a method for catching Tennesseans in a health care coverage gap is taking a politically safe road to reach the same goal as Insure Tennessee.

Yet the route, a TennCare expansion with “triggers” and “circuit breakers,” holds so much uncertainty it’s hard to figure out if the panel will find its destination.

59. Kevin Dean Leaves Legacy at Literacy Mid-South for ‘New Adventure’ -

After five years of leading the charge for building a stronger community of skilled readers, Thursday, June 30, is Kevin Dean’s last day as executive director of Literacy Mid-South. He leaves behind a legacy of milestones he orchestrated for the nonprofit organization, which aims to provide literary resources to all backgrounds and ages.

60. Events -

The Booksellers at Laurelwood will host Susan Branch, author of “Martha’s Vineyard – Isle of Dreams,” for a discussion and book signing Wednesday, June 22, at 6:30 p.m. at the bookstore, 387 Perkins Road Extended. Line tickets are required to meet the author and are free with the purchase of the book. Visit thebooksellersatlaurelwood.com.

61. Events -

Talk Shoppe will meet Wednesday, June 22, from 9 a.m. to 10 a.m. at the University of Phoenix–Memphis campus, 65 Germantown Court, first floor. Bradley Harris will present “‘Me Talk Real Good’: Confessions of a Toastmaster.” Cost is free. Visit talkshoppe.biz.

62. Events -

HireLive will host a sales and management career fair Tuesday, June 21, from 9 a.m. to 12:30 p.m. at the DoubleTree by Hilton, 5069 Sanderlin Ave. Email your resume to 12028-21-mh2006@apply.maxhire.net and bring 10-15 resumes to the event. Visit hirelive.com for details.

63. Last Word: A Different Aftermath and Trolleys Aren't Just for Tourists -

A week that will likely end with the funeral of a Memphis Police officer began with a discussion about violent crime that is even at this early point proving to be different from the past discussions we’ve had at times like these.

64. Outlook Dims for Mall Stores as Online Shopping Intensifies -

WASHINGTON (AP) – Online shopping is reaching such a critical mass with American households that many of the icons of the traditional mall –from Macy's to The Gap and J.C. Penney – face an increasingly uncertain future.

65. Hiring Slowdown in April May Signal Caution About US Economy -

WASHINGTON (AP) – American employers signaled their caution about a sluggish economy by slowing their pace of hiring in April after months of robust job growth.

At the same time, companies raised pay, and their employees worked more hours – a combination that lifted income and, if sustained, could quicken the U.S. expansion.

66. Women's Foundation Honors 3 Influential Memphians -

The Women’s Foundation for a Greater Memphis is entering its 21st year as a nonprofit set on transforming the lives of underprivileged women and their families.

The Women’s Foundation hosted its annual Legends Awards Tribute Luncheon on April 29 to honor women in Memphis leadership. Honey Scheidt received the Philanthropy and Leadership Award. Beverly Robertson, the recently retired president of the National Civil Rights Museum, received the Catalyst Award, and Linn Sitler, commissioner with the Memphis-Shelby County Film & Television Commission, was recognized with the Innovation Award.

67. Women's Foundation to Honor 3 Influential Memphians -

The Women’s Foundation for a Greater Memphis is entering its 21st year as a nonprofit set on transforming the lives of underprivileged women and their families.

This week, the Women’s Foundation will host its annual Legends Awards event to honor women in Memphis leadership. At the Annual Tribute Luncheon on April 29, Honey Scheidt will receive the Philanthropy and Leadership Award. Beverly Robertson, the recently retired president of the National Civil Rights Museum, will receive the Catalyst Award and Linn Sitler, commissioner with the Memphis-Shelby County Film & Television Commission, will be recognized with the Innovation Award.

68. United Housing Gets $1.1M Boost From Banks -

United Housing Inc. has gotten a boost from area financial institutions in recent days to the tune of $1.1 million.

69. Gaskins Leads Engineering Office -

Wain Gaskins has joined consulting engineering firm Cannon & Cannon Inc. as manager of the company’s new Memphis office as well as director of West Tennessee operations and business development. 

70. Tri-State Bank Prepares For Big Year -

The way longtime Memphis banking executive Christine Munson sees it, a small community bank has to carve out a clearly defined identity for itself - something that sets it apart from the myriad competitors of similar size, with comparable products and rates - if it wants to be successful.

71. Engineer Jonnye McElyea Joins Allen & Hoshall -

Jonnye McElyea has joined Allen & Hoshall as a structural engineer. McElyea, who designs structures such as buildings, bridges and retaining walls, is among the 19 percent of engineers who are women. Her previous experience includes time at Parsons Corporation and AFRAM Corp.

72. Target Taps Amazon Heavyweight to Overhaul Supply Chain -

NEW YORK (AP) – Target has tapped an Amazon heavyweight to lead the overhaul of its supply chain that has been stretched by the demands of online shopping.

The discounter has named Arthur Valdez as executive vice president, chief supply chain and logistics officer whose duties will include overseeing planning, distribution and transportation.

73. Duke Takes Reins at Friends for Life -

Longtime nonprofit administrator Diane Duke recently took the helm of Friends for Life as its new executive director. In her new role, the Los Angeles native leads and oversees an organization that’s helping those affected by HIV/AIDS through the provision of education, housing, food, transportation and healthy life skills training.

74. Last Word: 901Fest, First Tennessee Sues Pinnacle and EDGE Responds -

U of M Tigers 73 – UCF Knights 56 at FedExForum and on ESPN Wednesday evening.

As that was underway, Vice President Joe Biden was on his way out of the Memphis area after a visit to the Norfolk Southern intermodal facility in Rossville.
Here’s the basic web story account from Wednesday evening of Biden’s visit which comes on the seventh anniversary of the enactment of the federal stimulus act.
More on the larger themes in the visit and three-city tour by Biden in the print version that hits online Thursday afternoon.

75. Thomas Rejoins Bass, Berry & Sims -

Attorney Oscar L. Thomas has rejoined Bass, Berry & Sims’ Memphis office as counsel after serving as vice president of business affairs for MRI Interventions Inc., a medical device manufacturer based in Irvine, Calif.

76. Meeting the Demands of a Rapidly Aging Population -

When Gov. Bill Haslam gave his annual State of the State address on February 1, he proposed a $34.8 billion plan providing new spending on colleges and universities, road projects and a large deposit into Tennessee’s emergency budget reserves.

77. Morris Marketing Group Built on Strong Relationships -

In some respects, Valerie Morris’ career prepared her to open a PR and marketing agency, even if it didn’t always seem so obvious.

78. Council OKs Strickland's Directors, He Defends Pay Raises -

Memphis City Council members approved Mayor Jim Strickland’s slate of 12 division chiefs and directors Tuesday, Jan. 5, at the first council meeting of 2016. And Strickland defended the pay raises for some of those positions compared to the salaries those appointed positions paid in the Wharton administration.

79. What 2016 Will Do to Your Checkbook: Rent, Food, Gas, Raises -

Wondering how you will fare financially in 2016? Below are what experts think next year will hold for financial matters close to home: Raises, rent, gas, food and health.

WILL YOU GET A RAISE NEXT YEAR?

80. Crestview Collection Makes New HQ in Oakhaven -

4300 Concorde Road
Memphis, TN 38118

Sale Amount: $6.9 million

Sale Date: Dec. 15

Buyer: CLI Inc.

Seller: Lester McMahan Partnership

Loan Amount: $6 million

81. What 2016 Will Do to Your Checkbook: Rent, Food, Gas, Raises -

Wondering how you will fare financially in 2016? Below are what experts think next year will hold for financial matters close to home: Raises, rent, gas, food and health.

WILL YOU GET A RAISE NEXT YEAR?

82. Collison Joins Kemmons Wilson Insurance -

Eric Collison has joined Kemmons Wilson Insurance Group as insurance sales manager. In his new role, Collison’s duties will include development and mentoring of the current and new sales force, marketing campaigns and initiatives, developing and fostering carrier relationships, and identifying new profitable areas for growth within the agency.

83. Holiday Inn Express Ready To Rise Near Graceland -

3411 Elvis Presley Blvd.
Memphis, TN 38116

Loan Amount: $4.8 million

84. A List of Mayor-Elect Jim Strickland’s Appointments So Far -

Memphis Mayor elect Jim Strickland still has some appointments to make, but he is methodically filling key positions in his administration ahead of taking office Jan. 1.

85. Strickland Names 6 Chiefs to Report Directly To Mayor -

Memphis Mayor-elect Jim Strickland rounded out his team of top advisers and division directors with six appointees who will report directly to him – a structural change to how previous mayoral administrations have worked.

86. Ball to Lead New Division at Evolve Bank -

Thomas Ball has joined Memphis-based Evolve Bank & Trust as president of the newly formed Equipment Finance Division. In this role, Ball will create and grow a product line focused on equipment loans and leases to businesses across the U.S.

87. Roundup: Memphis Financial Firms Stay Busy -

Here’s a look at some of what’s kept Memphis’ financial community busy in recent weeks, from deals to new products and services to personnel changes.

• Lenders in Memphis and Shelby County had a decent October, according to the latest numbers from real estate information company Chandler Reports, www.chandlerreports.com. Purchase loan activity was up 11 percent for the month on a volume basis.

88. Burst of Hiring: US Employers Added 271,000 Jobs in October -

WASHINGTON (AP) — U.S. hiring roared back in October after two weak months, with employers adding a robust 271,000 jobs and likely setting the stage for the Federal Reserve to raise interest rates next month.

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

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

90. O’Brien Joins Sullivan’s Creative Team -

Chris O’Brien has joined Sullivan Branding’s creative team as group creative director. In this role, O’Brien specializes in the design, development, and implementation of creative campaigns. He’s also responsible for overseeing the agency’s creative operations and product.

91. Dress for Success Gives ‘Extra Push’ Many Women Need -

Tyria Perkins knows things have changed. A lot. “As an ex-hiring manager myself, it’s totally different now,” said Perkins, the professional women’s group coordinator for Dress for Success Memphis. “Back in my day, slacks were totally unacceptable for a job interview.”

92. Modest Rise Gives Stocks a Third Straight Week of Gains -

U.S. stocks closed modestly higher Friday, giving the market its third straight week of gains.

Consumer staples and health care stocks were among the biggest risers as investors assessed the latest company earnings and economic news.

93. Commercial Real Estate Veteran Joins Butler Snow as Principal -

A former Highwoods Properties Inc. executive has joined the Memphis office of Butler Snow Advisory Services.

94. Last-Minute Negotiations Secure $30 Million Foote Homes Grant -

The Foote Homes public housing development is still standing with word Monday, Sept. 28, that the city of Memphis has secured a $30 million federal grant to convert it to a mixed-use, mixed-income development.

95. Memphis Nabs $30 Million South City Grant After Last-Minute Negotiations -

The Foote Homes public housing development is still standing with word Monday, Sept. 28, that the city of Memphis has secured a $30 million federal grant to convert it to a mixed-use, mixed-income development.

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

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

97. Mathes Takes Helm at Community Legal Center -

Longtime attorney Anne Mathes has been named executive director of the nonprofit Community Legal Center, which has been providing civil legal services to lower-income Memphians for more than 20 years. In addition to civil cases and divorces, the CLC collaborates with other agencies to serve victims of domestic violence and elder abuse. They also take some immigration cases.

98. Duncan-Williams Launches Asset-Management Business -

A new standalone financial firm has launched out of Duncan-Williams Inc. that has its own name and website and will soon move into its own Poplar Avenue office space.

99. Health Care Suffers As Rural Hospitals Continue Slow Fade -

Fayette County is the latest victim of hospital closings in Tennessee as many rural health care facilities continue to struggle financially.

Methodist Healthcare-Fayette Hospital closed in late March, bringing to four the number of shuttered hospitals in West Tennessee after Gibson General, Humboldt General and Haywood Park Community called it quits in 2014.

100. US Jobless Rate Falls to 7-Year Low; Fed Move Still Unclear -

WASHINGTON (AP) — The U.S. unemployment rate fell to a seven-year low in August as employers added a modest 173,000 jobs, a key piece of evidence for the Federal Reserve in deciding whether to raise interest rates from record lows later this month.