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Editorial Results (free)

1. 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.

2. Crosstown Pulls Permit For Performing Arts Center -

Crosstown Concourse contractor Grinder, Taber & Grinder Inc. has applied for an $8.4 million building permit to begin construction on a new theater and performing arts building as part of the concourse campus.

3. Beale Authority Talks Terms With 21 Beale -

The Beale Street Tourism Development Authority has sent its response to a term sheet from the principals of 21 Beale Street Inc., the only company still in the running for a contract to manage the entertainment district for the authority.

4. September 23-29: This week in Memphis history -

1995: George Strait and Faith Hill at the Mid-South Coliseum.

1966: President Lyndon Johnson nominates Memphis Circuit Court Judge Robert McRae as judge for the U.S. District Court of the Western District of Tennessee. McRae, who is an attorney in private practice as well as an assistant city attorney, fills the vacancy created by the retirement of Federal Judge Marion Speed Boyd. The nomination goes to the U.S. Senate for hearings and McRae is confirmed by the Senate the next month. He takes senior status 20 years later.

5. Beale Authority Talks Terms With 21 Beale -

The Beale Street Tourism Development Authority is sending its response to a term sheet from the principals of 21 Beale Street Inc., the only company in the running for a contract to manage the entertainment district for the authority. The authority isn’t ready to say it represents even a tentative agreement and the leader of the 21 Beale management group is expressing frustration over the process.

6. Music, Rec Facilities in the Works at U of M -

The Tennessee Board of Regents is helping pave the way for the University of Memphis to build a $44 million on-campus music center instead of an already approved biochemistry and biology building.

The TBR has granted the U of M’s request to substitute the music center building project for an earlier request to build a $36 million biochemistry and biology building. Coming in at 40,000 square feet, the music center would be located along Central Avenue, near the school’s Holiday Inn. The request was granted at the Tennessee Board of Regents’ quarterly meeting in Chattanooga Sept. 15-16.

7. Crosstown Pulls Permit For Performing Arts Center -

Crosstown Concourse contractor Grinder, Taber & Grinder Inc. has applied for an $8.4 million building permit to begin construction on a new theater and performing arts building as part of the concourse campus.

8. Crosstown Pulls Building Permit for Performing Arts Center -

Crosstown Concourse contractor Grinder, Taber & Grinder Inc. has applied for an $8.4 million building permit to begin construction on a new theater and performing arts building as part of the concourse campus.

9. Tennessee Lawmakers Not Required to Report Foreign Travel -

NASHVILLE, Tenn. (AP) – Six Tennessee state lawmakers who received an expense-paid trip to Europe did not have to report it under state campaign finance laws because the donor is not a registered lobbyist.

10. Downtown Multifamily Properties Sold to REIT -

Alpha Residential Trust LLC, a Pittsburgh-based real estate investment trust, has purchased three multifamily buildings in Downtown’s South End. The properties include Printer’s Alley Apartments at 345 and 347 S. Front St. and Cabinet Shop Lofts at 436 S. Front.

11. Bank of America Memphis Exec: ‘Everything Has Changed’ -

Mike Frick has hit the decade mark this year in his role as Memphis market president for Bank of America.

12. How to Tell If Your 401(k) is a Dud -

There's a lot to like about employer-sponsored retirement plans like the 401(k): They're convenient (funded via automatic payroll deduction), offer tax savings (contributions lower a participant's taxable income, and investments grow tax-free) and many companies sweeten the deal by pitching in their own money to encourage employees to save.

13. Kirkpatrick Named CFO At Commercial Advisors -

Lori Kirkpatrick has joined Cushman & Wakefield/Commercial Advisors as chief financial officer. In this role, Kirkpatrick oversees all finance and accounting functions at the commercial real estate services firm, including lease administration services provided to clients. 
She focuses on driving projects and innovations and ensuring quality and commitment to our clients. 

14. Downtown Multifamily Properties Sold to REIT -

Alpha Residential Trust LLC, a Pittsburgh-based real estate investment trust, has purchased three multifamily buildings in Downtown’s South End. The properties include Printer’s Alley Apartments at 345 and 347 S. Front St. and Cabinet Shop Lofts at 436 S. Front.

15. Crosstown Concourse Lands 450-Seat Performing Arts Theater -

A 450-seat theater on the Crosstown Concourse campus will attract national acts and boost the local arts scene.

“It’s a really important priority for Crosstown Arts that everything we do is additive and not directly competitive, and our hope is the same for this theater,” said Todd Richardson, co-director of Crosstown Arts.

16. EDGE Approves Trio of Inner-City Development Loans -

The Finance Committee of the Memphis-Shelby County Economic Development Growth Engine has approved three grants for inner-city businesses.

April House Premier, at 5650 Mt. Moriah Road, will receive an $8,255 Inner City Economic Development loan. The funds will go toward facade improvements and plumbing and electrical upgrades at the 3,400-square-foot restaurant. Through the Workforce Investment Network, April House Premier will also launch an apprenticeship program for young adults interested in the culinary arts.

17. $11M Theater Planned for Crosstown Concourse -

A 450-seat theater on the Crosstown Concourse campus will attract national acts and boost the local arts scene.

“It’s a really important priority for Crosstown Arts that everything we do is additive and not directly competitive, and our hope is the same for this theater,” said Todd Richardson, co-director of Crosstown Arts.

18. The Week Ahead: September 12-18 -

Happy Monday, Memphis! There’s plenty of celebrating going on in the Bluff City this week, from COGIC’s annual Founder’s Celebration to the Cooper-Young Festival and The Peabody’s birthday bash. Check out details on those and other happenings to keep on your radar this week…

19. Study: Memphis Among Cheapest Cities for Startup Costs -

A newly published national study focused on the cost of launching a startup in the U.S. has given props to the startup ecosystem in Memphis, ranking it one of the lowest-cost cities in which to launch a startup.

20. Experts: Businesses Should Prepare A Plan For New Overtime Rules -

The clock is ticking until new U.S. Department of Labor overtime wage regulations go into effect Dec. 1, and local experts say affected companies, large and small, that haven’t started preparing should begin doing so immediately.

21. Parson: ‘Customer Service is a Big Deal’ -

It sounded like a wonderful gift – Tonya Parson had just sent her mother on a Mexican cruise to celebrate a big birthday. Parson, a nurse who was working on her master’s degree at the time, says her mother came back with general malaise. She just didn’t feel good.

22. Classic Makes Strong Economic Impact and Brings Families, Friends Together -

Two years ago the Southern Heritage Classic celebrated its 25th anniversary. It was a good time to take stock of the event and so a market assessment study was prepared through the Bureau of Sports and Leisure at the University of Memphis.

23. 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.

24. Pending US Home Sales Strengthened in July -

WASHINGTON (AP) – More Americans signed contracts to purchase homes in July, a sign that demand for home ownership remains strong despite a shortage of listings on the market.

The National Association of Realtors said Wednesday that its seasonally adjusted pending home sales index rose 1.3 percent in July to 111.3, the highest reading since April. The index of upcoming sales increased 1.3 percent from a year ago. The number of signed contracts improved in the Northeast, South and West. But pending sales dipped in the Midwest.

25. How to Get Ready for Your VW Payout -

Loyal owners of Volkswagen diesel cars understandably felt betrayed when they learned the German automaker had rigged the testing process to bypass U.S. emissions standards. But many are having a change of heart after learning how much VW will pay them to turn in their cars.

26. Washington: ‘Always Take Time to Analyze’ -

It was 1996 when Alfred Washington, a lineman on the University of Memphis football team, got his first security job. U2 was in town, and the owner of a security firm asked Washington and another football friend if they would work security at the concert – escort the artists into the arena, stay backstage with them, make sure they had what they needed. The artists and their security handlers liked Washington so much they offered him a job.

27. Toast to the Achievement School District -

Somebody forgot to tell the Achievement School District it had to follow a few simple rules when the Legislature formed it a few years ago to save failing schools: Primarily, don’t party with the money.

28. Morgan Tate Promoted At River City Land Co. -

Morgan Tate has been named principal property manager of River City Land Co.’s property management division. A fourth-generation real estate professional, Tate joined the team at River City Land Co. in 2008 and began working for the firm’s property management division in 2012. 

29. Costly Financial Fees You May Not Know You're Paying -

At the supermarket, shoppers receive detailed receipts of their scanned and bagged items. After restaurant meals, wait staff hand diners itemized bills. But call out "Check, please!" to a financial services provider and the result might be a rundown of cryptic line items – 12b-1? Expense ratio? Or a passing reference to Part 2 of Form ADV.

30. Money Lessons They Don’t Teach in School -

Ray’s Take Less than half of states in the U.S. require the students at public high schools to take a personal finance class before they graduate. So, many young people learn through the “school of hard knocks” once they get out in the real world.

31. Memphis College of Art and EPIcenter Lay Groundwork for More Collaboration -

Piece by piece, organizations in Memphis keep building up and adding fresh elements to the city’s startup, creative and entrepreneurship culture here.

One of the latest examples is a “Creatives-in-Residence” partnership between Memphis College of Art and the EPIcenter organization, an effort this summer that culminated last week but is being planned to live on in a new form.

32. Last Word: One Beale Delay, Memphis Banks and The Other Anniversary -

Changing the city’s skyline comes with some challenges. That’s a reflection of ever-changing economic conditions and the terrain by the Mississippi River on which the city’s skyline is built.

33. ‘Difficult Year’ Leads To One Beale Delay -

The pair of skyscrapers meant for the corner of Beale Street and Riverside Drive have hit a few roadblocks, but Chase Carlisle hopes that construction will begin on the One Beale project within a year.

34. Last Word: Graceland's Important Day, MAA's $4 Billion Buy and Hotel Napoleon -

Before the rain did its thing Monday night at Graceland, the latest Black Lives Matter movement protest was a fact at Graceland’s annual candlelight vigil.

Some tension and lots of noise on the line at Elvis Presley and Craft where police stopped those whom they identified as protesters. And more than a few allegations of racial profiling by police.

35. Weinshanker: Graceland, Whitehaven Inextricable -

The single largest private business investment in Whitehaven, including a $45 million, 200,000-square-foot entertainment complex across from Graceland mansion, is an effort to establish Memphis as “the home of rock ’n’ roll” and to do it specifically where Elvis Presley made his home.

36. The Week Ahead: Aug. 15-21 -

Happy Monday, Memphis! If you’re looking for something to do this week, look no further. Here’s our weekly roundup of local events and other happenings you need to know about, from the Elvis Week candlelight vigil to a fun evening of craft beer and DIY art…

37. 5 Tips to Bounce Back After a Foreclosure or Short Sale -

Philip and Denise Powell lost their home in 2011 after Philip's hours as a pastor were cut in half and Denise was sidelined by a surgery. But they were determined to become homeowners again, so they rolled up their sleeves and got to work.

38. Toro: ‘Stay True to the Vision’ -

To talk to Lisa Toro at her business, the coffeehouse and retail store City & State, is to see the energy that she and her husband hoped to help activate in the Broad Avenue neighborhood when they first saw their vintage building.

39. Last Word: SEC and GMF, Wiseacre's Growth and Apartment Action -

The Securities and Exchange Commission has been investigating Global Ministries Foundation since mid-July. The revelation turned up Wednesday in a Memphis Federal Court filing by the receiver appointed to oversee and sell the Tulane and Warren apartments.

40. Last Word: Wiseacre At The Coliseum, Recession Overdue and Tubby's Schedule -

So you were at the Mid-South Coliseum every time the doors were open and you could scrape together the price of a ticket south of $10 in the city’s golden age of concerts.

But these days there aren’t that many shows to go to, the ticket prices are much higher and truth be known you probably wouldn’t go to that many shows these days.

41. Memphis Auto Insurance Rates Highest in Tenn. -

Car insurance rates are fairly low in Tennessee compared to six other states in the region, but Memphis insurance rates are the highest in the state and well above the regional average.

That’s according to data from ValuePenguin, a New York-based personal finance website that researches insurance, credit cards and other consumer expenses.

42. Kustoff Victory Caps TV, Outsider Heavy Congressional Campaign -

Former U.S. Attorney David Kustoff claimed the Republican nomination for Tennessee’s 8th Congressional district Thursday, Aug. 4, in a 15-county contest in which the eastern parts of Shelby County played a decisive role.

43. Kustoff Claims 8th GOP Primary, Todd Upset by Lovell, Jenkins Over Newsom -

Former U.S. Attorney David Kustoff claimed the Republican nomination for Tennessee’s 8th Congressional district Thursday, Aug. 4, in a 15-county contest in which the eastern parts of Shelby County played a decisive role.

44. 'Student' Credit Cards Aren't for All Students, or Even Most -

As parents prepare their rising freshmen for life at college, many are leaving out a crucial piece of information: how to build credit.

The college years are the best time to begin the process. After graduation, adults with no credit history have a harder time renting apartments, obtaining car loans or, eventually, mortgages.

45. Memphis Auto Rates Higher Than State, Region Averages -

Car insurance rates are fairly low in Tennessee compared to six other states in the region, but Memphis insurance rates are the highest in the state and well above the regional average.

That’s according to data from ValuePenguin, a New York-based personal finance website that researches insurance, credit cards and other consumer expenses.

46. HUD Serves GMF With Search Warrants -

Agents with the Inspector General’s office of the federal Department of Housing and Urban Development served search warrants Wednesday, Aug. 3, at the Memphis offices of Global Ministries Foundation and showed up at GMF-owned apartment complexes in Indianapolis, Ind., and the offices of the Gill Group, a real estate company in Dexter, Mo.

47. Jernigan Raises Outlook for Earnings -

For Jernigan Capital, the newest Memphis-based public company that provides capital to self-storage entrepreneurs, the period between April and June saw the company achieve a handful of firsts.

Among the results for the second quarter, the company grew its net income to $5.4 million, up significantly from $1.1 million in the first quarter and reversing a Q2 2015 loss of $558,000. The second quarter was also the first time since the company’s April 2015 initial public offering that total income surpassed overhead costs.

48. Haslam Drops $150K Into PAC for Tennessee Legislative Races -

NASHVILLE, Tenn. (AP) — Republican Gov. Bill Haslam has opened his wallet for state legislative campaigns throughout the state.

According to the final campaign finance reports to be filed before the Aug. 4 primary, Haslam gave $150,000 to his political action committee, Jobs4TN. The committee then contributed all but $4,000 of that amount to the campaigns of 44 lawmakers.

49. Chamber Launches Mentor Program for Small Business -

The Greater Memphis Chamber has launched a mentorship program that puts fledgling businesses in conversation with the region’s leading professionals. As part of the Advice on Tap program, small to mid-sized businesses can be mentored by experts in sectors including finance and accounting, human resources, public relations, IT, business law, marketing and sales. The 30-minute phone consultation is free and only available to chamber members. The majority of the program’s 40 advisers have more than 25 years of experience in their professions.

50. Last Word: Union Turns A Corner, Parkside's TIF and Bee Cause -

There hasn’t been this much excitement since right turn on red came to town 40 years ago.

In less than a week you will be able to make a left turn onto McLean Boulevard from Union Avenue eastbound and westbound. And the traffic signal that lets you do that will flash a yellow arrow that indicates you can turn left if there are no pedestrians and no cars coming the other way.

51. Rating Agencies, State Comptroller Tout Improved City of Memphis Finances -

The most outspoken critic of the city’s financial condition said Monday, July 25, that Memphis leaders have made a “remarkable achievement.”

“Just three years ago there was a serious question about whether the City Council would take the necessary steps to control its budget and determine Memphis’ future,” Tennessee Comptroller Justin Wilson wrote Monday to Memphis Mayor Jim Strickland and Memphis City Council chairman Kemp Conrad. “If you continue on this path, Memphis will reclaim its rightful place among the truly vibrant cities of the world.”

52. Parkside Developer Seeks TIF Designation -

The developer of the Parkside mixed-use project at Shelby Farms hopes to add a traffic light at Kirby-Whitten and Mullins Station roads and fund a portion of the Shelby Farms Parkway.

53. What Verizon's Acquisition Means for Yahoo Users -

NEW YORK (AP) – If you have a Yahoo email account or regularly visit services like Yahoo Finance and Yahoo Sports, you might be wondering what will happen to the once-venerable brand once Verizon takes over.

54. Verizon Buys Yahoo for $4.83B, Marking End of an Era -

SAN FRANCISCO (AP) – Verizon is buying Yahoo for $4.83 billion, marking the end of an era for a company that once defined the internet.

It is the second time in as many years that Verizon, extending its digital reach, has snapped up the remnants of a fallen internet star. The nation's largest wireless carrier paid $4.4 billion for AOL last year.

55. Chamber Launches Small-Business Mentorship Program -

The Greater Memphis Chamber has launched a mentorship program that puts fledgling businesses in conversation with the region’s leading professionals. As part of the Advice on Tap program, small to mid-sized businesses can be mentored by experts in sectors including finance and accounting, human resources, public relations, IT, business law, marketing and sales. The 30-minute phone consultation is free and only available to chamber members. The majority of the program’s 40 advisers have more than 25 years of experience in their professions.

56. UTHSC Names Storgion Chair Of Physician Assistant Studies -

Dr. Stephanie Storgion has been named chair of the department of physician assistant studies at the University of Tennessee Health Science Center. Storgion’s appointment comes as the department moves to the College of Medicine from the College of Health Professions, where it started two years ago. 

57. Threlkeld Says Metropolitan Bank Going Back In Time With New Advisory Service -

A conversation with Metropolitan Bank executives about a new business advisory platform the 9-year-old bank has just launched quickly turned into a talk about how much of a commodity business banking has become.

58. Funds Rolling In for 8th Congressional District Race -

Five of the six major contenders in the Republican primary for the 8th Congressional District raised a total of $1.8 million from Jan. 1 to June 30 going into the critical last month of the campaign.

59. Last Word: The Greensward Deal, Pulpit to Protest Call and Leader Federal's HQ -

There is nothing quite like a deadline to produce results.

I’m not talking about this job, although it is more than a coincidence that the closer a deadline gets the more you start to figure out how to write something.

60. Advance Memphis Aims to Provide Workers Economic Sustainability -

“I’m always thinking about things through an economic lens,” said Steve Nash, executive director of Advance Memphis, at a recent tour of the nonprofit’s new location at 575 Suzette St.

61. PILOT Moves Target Green Projects, Distressed Areas -

The Downtown Memphis Commission has approved changes to its payment-in-lieu-of-taxes program. The new policy builds in sustainability and green-energy benchmarks that were previously not required of developers seeking a freeze on their property taxes.

62. First Horizon Sees 12 Percent Gain in Net Income -

First Tennessee Bank’s parent company in the just-ended second quarter pulled a repeat of its performance in the first three months of 2016, with profit, earnings per share, loans and deposits all up over where they stood at this time last year.

63. Metropolitan Bank Starts Capital Advisory Unit -

Metropolitan Bank has launched a new business advisory platform.

The 9-year-old bank is expanding on its traditional service offerings with a new unit, Metropolitan Capital Advisors. Longtime Memphis real estate finance professional Rob Threlkeld will head up the unit as senior managing director.

64. Metropolitan Bank Launches Metropolitan Capital Advisors -

Metropolitan Bank has launched a new business advisory platform.

The 9-year-old bank is expanding on its traditional service offerings with a new unit, Metropolitan Capital Advisors. Longtime Memphis real estate finance professional Rob Threlkeld will head up the unit as senior managing director.

65. Sharkey: Know Where You Want to Go -

It’s probably not surprising that it took a while to catch up with Neko Sharkey for an in-person interview. Sharkey is a classic multitasker: An engineer by training, he’s the founder and owner of Environmental Advantage Group, which provides risk management for banks, environmental compliance for construction companies, and support for other engineering firms. Sharkey is also a pastor at New Hope Baptist Church, a husband and the father of three daughters.

66. Madison Hotel Sells to Chicago-Based Hotel Group -

79 Madison Ave.

Memphis, TN 38103

Sale Date: June 21 

Buyer: 79 Madison Avenue LLC

67. New Incentives Target Green Projects, Distressed Areas -

The Downtown Memphis Commission has approved changes to its payment-in-lieu-of-taxes program. The new policy builds in sustainability and green-energy benchmarks that were previously not required of developers seeking a freeze on their property taxes.

68. Italian Banks in Focus at Eurozone Finance Discussions -

BRUSSELS (AP) — Italy's partners in the 19-country eurozone insisted Monday that new rules governing the rescue of imperiled banks will not be relaxed, especially at a time when Europe is dealing with the fallout of Britain's decision to leave the European Union.

69. Archer Malmo Sets Record For Employee Headcount -

Memphis-based branch communications agency Archer Malmo, has announced 22 new hires in its Memphis office.

That, combined with the agency’s recent acquisition of creative agency Combustion, brings Archer Malmo’s total employee count to 205 – the largest staff in the agency’s 64-year history.

70. Madison Hotel, 3 Parcels Purchased by Chicago Firm -

A Chicago-based hotel group has closed on its purchase of the Madison Hotel and several surrounding properties.

Aparium Hotel Group, working as 79 Madison Avenue LLC, acquired the Madison and three other parcels from the hotel’s operator, Wilmont Hotel LP, in a June 21 quitclaim deed just filed with the Shelby County Register’s Office. Those other parcels include 83 Madison Ave., which houses eighty3 restaurant and office space; and a banquet center that spans 9 S. Main St. and 11 S. Main St.

71. Scramble in the 8th District -

You might call it the calm before the storm. The Aug. 4 election, for which early voting starts July 15, is calmer than usual for the election cycle before a November presidential general election – the only election that more than half of Shelby County voters regularly show up for.

72. Archer Malmo Sets Record For Employee Headcount -

Memphis-based branch communications agency Archer Malmo, has announced 22 new hires in its Memphis office.

That, combined with the agency’s recent acquisition of creative agency Combustion, brings Archer Malmo’s total employee count to 205 – the largest staff in the agency’s 64-year history.

73. Madison Hotel, Nearby Parcels Acquired by Chicago Firm -

A Chicago-based hotel group has closed on its purchase of the Madison Hotel and several surrounding properties.

Aparium Hotel Group, working as 79 Madison Avenue LLC, acquired the Madison and three other parcels from the hotel’s operator, Wilmont Hotel LP, in a June 21 quitclaim deed just filed with the Shelby County Register’s Office. Those other parcels include 83 Madison Ave., which houses eighty3 restaurant and office space; and a banquet center that spans 9 S. Main St. and 11 S. Main St.

74. Election Foes Clash Briefly About Budget -

For a few minutes last week you could see the 2018 race for Shelby County mayor as county commissioners were moving toward a resolution of their 2016 budget season.

It came as the commission began to compare what initially looked to be two different estimates of county revenues for the fiscal year that ended June 30 – one from the administration of county Mayor Mark Luttrell and the other from Trustee David Lenoir.

75. Is Your Nonprofit Legit? -

Passion for mission is at the heart of a nonprofit, but don’t forget your “business” requirements. Nonprofits must comply with many of the same regulations as businesses, and additional ones that are specific to the sector. As an executive or board member you need to be aware of these, and operate within the law.

76. Shelby County Budget Shuffle Endures -

By the end of Shelby County government’s budget season, a lot of paper was being passed around the County Commission chambers.

It was in keeping with the rules set by chairman Terry Roland going into the Wednesday, June 29, session that stretched on for seven hours: All amendments had to be put in written resolution form.

77. County Budget Done – Mostly -

Shelby County commissioners put most of their budget season to rest Wednesday, June 29, with $5 million from the county’s reserve fund after they added $13 million in amendments to the $1.1 billion county operating budget during a seven-hour session.

78. Medicare Weighs Changes to Controversial Plan on Cancer Meds -

WASHINGTON (AP) – Trying to salvage a controversial experiment to confront rising drug costs, the Obama administration Tuesday hinted at modifications to an ambitious plan that would revamp Medicare payments.

79. First Horizon CFO Touts Growth Opportunities, Conservative Approach -

The chief financial officer of First Tennessee Bank’s parent company took a message of expansion, of stronger loan portfolios and being smarter than the competition about which deals to pursue in a meeting with analysts in New York City earlier this month.

80. Last Word: Pinch Plans, Beyond the Basics and the Golden Greek -

The future of the Pinch District looks to be Memphis Mayor Jim Strickland’s first venture beyond being “brilliant at the basics.”

81. Women-Led Angel Investment Network Launches -

The husband-and-wife team behind the Broad Avenue retailer City & State – Lisa and Luis Toro – are preparing to open another business in the neighborhood, a diner-style restaurant at 2657 Broad.

82. Last Word: Lights, Camera, Demolition, Our Cautious Prosperity and City Hall Redux -

In south Memphis Wednesday, an old house on Mississippi Boulevard was demolished as part of a press conference to tout anti-blight measures in a city that has a lot of blight.

At times it seems like we have a different blight program for just about every blighted property.

83. Regional One Health Continues Building Out New East Campus -

One of the first indications that Regional One Health’s 50,000-square-foot East Campus does things a little differently is the digital map near the nurse’s station with rooms lit up in different colors and names moving around the image.

84. For Minorities, Pain is Severe Decade After Housing Peaked -

WASHINGTON (AP) – When the U.S. housing bubble peaked a decade ago, soon to burst with far-reaching consequences, the pain was particularly severe for black and Hispanic Americans.

A disproportionate number of minorities succumbed to subprime mortgages and foreclosures and lost their homes. Their collective loss of home equity and shift toward rental housing could widen America's racial and ethnic divides well into the future, according to researchers and housing advocates.

85. 10 Years After Housing Peaked, US is More of a Renter Nation -

MOUNT PLEASANT, South Carolina (AP) – It's a troublesome story playing out across America in the 10 years since the housing bubble peaked and then burst in a ruinous crash: As real estate has climbed back, homeowners are thriving while renters are struggling.

86. County Schools Funding Compromise to Be Tested -

Fragile is probably the best way to describe the compromise that emerged this week from county commissioners to fully fund the Shelby County Schools budget for the fiscal year that begins July 1.

The plan that closes a $27.4 million gap between what the school system wants and what Shelby County Mayor Mark Luttrell proposed in April had eight votes on the 13-member commission in Wednesday, June 15, committee sessions.

87. ServiceMaster Lands EDGE Incentive Package -

The final piece of ServiceMaster’s local incentive package fell into place Wednesday, June 15, at a Memphis-Shelby County Economic Development Growth Engine board meeting.

The residential- and commercial-services company, which plans to move its headquarters into the former Peabody Place mall in Downtown Memphis, received a payment-in-lieu-of-taxes incentive to offset its $9.3 million personal property investment for items such as furniture, fixtures, computers and equipment.

88. Nashville Schools Vote to Sue State Over Education Funding -

NASHVILLE, Tenn. (AP) – The Metropolitan Nashville Public Schools board has voted to sue Tennessee for a greater share in education funding.

The Tennessean (http://tnne.ws/1Uc6UAY) reports that the board approved the lawsuit Tuesday night.

89. Parking Was Key in ServiceMaster Deal -

Parking concerns for ServiceMaster Global Holdings’ move to Downtown Memphis have been resolved.

On June 14, the Downtown Parking Authority granted ServiceMaster access to the parking garage at 250 Peabody Place.

90. Last Word: ServiceMaster Details, Loflin Yard Changes and Bridge Lighting -

The ServiceMaster local incentives for the new Peabody Place headquarters have cleared the first hurdle.

That was the Center City Revenue Finance Corporation’s Tuesday meeting. It’s on to the Center City Development Corporation Wednesday and then EDGE.

91. ServiceMaster Tax Incentive Package Approved -

The Center City Revenue Finance Corp. approved a tax incentive package Tuesday, June 14, to support ServiceMaster Global Holdings’ conversion of Peabody Place mall into a multimillion-dollar headquarters.

92. Last Word: Chips Moman, ServiceMaster Incentives and Crosstown High -

Chips Moman has died. Word of his death Monday at a hospice in Georgia came two years after Moman was honored for his contributions to Memphis music and the city's history.

Those contributions were substantial and for quite a while they were overlooked – even while he was running the definition of a hit factory at American Sound Studios, a non-descript recording studio on Danny Thomas Boulevard at Chelsea Avenue in North Memphis.

93. Financial Stress to Financial Yes -

Every year Americans make $46 billion worth of payday loan transactions, with more than 40 percent of these loans processed online. Payday loans allow borrowers to withdraw cash anywhere from a few days to a couple of weeks prior to receiving their paycheck, with the intent to pay it back with interest and fees when they receive their next paycheck.

94. The Week Ahead: June 13-19 -

Let’s get this week started, Memphis! Here’s our roundup of local happenings you need to know about, from decisions about ServiceMaster incentives to the ultimate dodgeball tournament.

95. City, State Incentives Lining Up For ServiceMaster's Move Downtown -

ServiceMaster Global Holdings Inc. will be getting a lot of help with its headquarters move into the vacant Peabody Place mall.

Documents obtained by The Daily News show that mall landlord Belz Enterprises will contribute $12 million to improvements to the facility while ServiceMaster will invest $14.8 million in converting the 340,000-square-foot retail center into corporate offices with open working and research spaces.

96. Election Officials to Audit Finances of Embattled Lawmaker -

NASHVILLE, Tenn. (AP) – State election officials say they intend to audit the finances of embattled state Rep. Jeremy Durham.

97. Businesses Face Decisions to Meet New Wage Rules -

Local businesses have six months to comply with newly revised regulations from U.S. Department of Labor concerning wage exemptions that go into effect on Dec. 1. Handed down late last month, the revisions are expected to disqualify up to 10 million U.S. employees from their current exempt status before the end of this year.

98. MSCAA Reorganizes, Makes Staff Promotion -

The Memphis-Shelby County Airport Authority has promoted Angela Washington to director of Properties.

99. Workforce Officials Bringing Job Coaches to Frayser -

The Tennessee Department of Labor and Workforce Development’s mobile Career Coach will be at the North Frayser Community Center, 2555 St. Elmo Ave., on Tuesday, June 7, from noon to 4 p.m. Coach staff will help area residents complete online applications, create resumes and register on Jobs4TN.

100. Paying the Freight: A3 Freight Payment 'Re-Creates the Wheel' -

As CEO of A3 Freight Payment, Ross Harris emphasizes transparency. He speaks it, too.

“Our industry is kind of weird,” he said.