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Editorial Results (free)

1. Orders to US Factories Fell Sharply in December -

WASHINGTON (AP) — Orders to U.S. factories fell sharply in December, closing out a year in which demand for American manufactured goods retreated for the first time in six years.

Factory orders dropped 2.9 percent in December, the fourth decline in the past five months, the Commerce Department reported Thursday. Orders were down 6.6 percent for the full year, marking the first annual fall since 2009, a year when the country was struggling to emerge from the Great Recession.

2. Medical District Apartments Sell For $9.7 Million -

An apartment complex in the Memphis Medical Center has sold for $9.7 million.

Blair Tower LLC, an affiliate of Hyde Family Investments LLC, purchased the Blair Tower Apartments from Blair MCAP LLC, according to a Jan. 29 warranty deed.

3. EDGE Grants Development Loans to 4 Inner-City Businesses -

Memphis’ inner-city neighborhoods garnered $79,000 in business development loans at the Feb. 3 meeting of the Memphis-Shelby County Economic Development Growth Engine’s finance committee.

4. US Consumer Spending Flat, Savings Rate at 3-Year High -

WASHINGTON (AP) — U.S. consumers kept their spending flat in December and instead boosted their savings rate to the highest level in three years.

Consumer spending was unchanged in December after rising 0.5 percent in November, the Commerce Department reported Monday. Incomes increased 0.3 percent, matching November's gain.

5. Last Word: Groundhog Day's Long Shadow, Minority Percentage & The Value of Sports -

After the January into February weekend we had with its outbreak of spring fever, you might wonder if groundhogs are allowed to change their minds or if shadows that are the result of television lights count as a prediction on the winter’s length.
Or maybe it would be appropriate to have a weather map that includes the Groundhog Day immunity zones – areas where the long shadow of the groundhog does not venture.
Note to television meteorologists: This would in no way interfere with your right to declare large parts of your viewing areas as places of "potentially severe weather" far into the future. But you will need a different color for the Groundhog Immunity Zones.

6. The Week Ahead: Feb. 1, 2016 -

How was your weekend, Memphis? The good news is you officially made it through January. Here’s a look at what’s happening this week, from a frigid swim to a FedExForum double-header…

7. Nashville Developer Submits Plans for Downtown Memphis Housing -

Two plans recently filed with the Memphis-Shelby County Office of Planning and Development will turn empty lots into housing for disadvantaged Memphians.

Nashville developer Elmington Capital Group submitted plans for gated multifamily housing in Downtown's South End.

8. Cutting taxes, school choice, tort reform drive Sen. Kelsey -

State Sen. Brian Kelsey calls himself “a proud conservative who likes to get results.”

9. Fenced Out -

There’s a major problem in Memphis when it comes to minorities: African-Americans make up 63 percent of the population but garner less than 1 percent of total business receipts within Memphis, according to the most recent U.S. Census data.

10. Ford's 2015 Pretax Profit Jumps on Stronger sales -

DEARBORN, Mich. (AP) — Higher sales in most of the world helped Ford Motor Co. achieve a record pretax profit in 2015, but investors remain skittish that the good news won't keep coming.

11. Let’s Hear It for Christine and Patrick! -

This column should be running in late January. Ten years ago, Susan and I flew out to Park City, Utah, for our first (and probably only) Sundance Film Festival. Where “Wordplay,” the award-winning documentary about the crossword puzzle industry, had its world premiere on Jan. 21, 2006.

12. The Week Ahead: Jan. 25, 2016 -

We hope everyone survived Snow Terror ‘16 and is looking forward to a fun, productive week ahead that’s free of milk and bread runs. (Saturday’s high temp is 60 degrees – woohoo!) Here’s your weekly rundown of events and happenings worth paying attention to…

13. First Horizon CEO: 2015 Was a ‘Very Good Year’ -

The top brass at First Tennessee Bank’s parent company kicked off their first quarterly earnings presentation to analysts in 2016 with frequent allusion to some favorite themes.

14. Insider Q&A: Allianz Strategist Hooper on Market Turmoil -

WASHINGTON (AP) — Last year was the stock market's first down year since 2008, and this year has opened with a thud. The market is down 8 percent in the first two weeks of trading, the worst start to a year ever.

15. Last Word: Tri-State's Deal With First Tennessee, Matt Barnes' Fine and The Grind -

It sounds strange to refer to this as a holiday weekend – the anniversary of the birth of Dr. Martin Luther King Jr.
Holidays suggest something different than the rededication to purpose so many of us stress as our definition of this day honoring the memory of a leader whose life made it difficult to imagine what our society would be like without his presence.
That we feel compelled to express the meaning of the day through actions and a recommitment to principles buffeted by reality reflects a hope that we wish to retain as first-hand memories of King’s life fade and his legacy endures.

16. First Tennessee Invests in Tri-State Bank -

As of Dec. 31, Tri-State Bank of Memphis has secured almost $5 million in new capital, an investment fueled in part by an “unprecedented transaction” between it and First Tennessee Bank.

17. Tennessee Startups Chasing Greater Opportunities -

When it comes to launching startup companies, Tennessee is best described as “early stage.”

The less than $200 million in venture capital invested in Tennessee businesses in 2014 is a rounding error compared to the $30 billion invested in California. And when the final tally for 2015 comes out later this month, the disparity won’t be much smaller.

18. Daush Eyes Next Career Chapter -

On one hand, a long journey in the education profession will come to an end this spring for Barbara Daush.

Daush is president of St. Agnes Academy-St. Dominic School, a role she has served since 1994. She’ll retire at the end of this school year but it’s a short retirement; Daush begins work in fundraising at the University of Mississippi July 5.

19. Haslam: No Gas Tax Push, For Now -

Tennessee Gov. Bill Haslam confirmed Thursday, Jan. 14, that there won’t be a state gas tax hike proposal in this year’s session of the Tennessee Legislature.

But Haslam, who previously said he wasn’t necessarily pushing for such a tax hike as a solution to funding road projects, said that is the most likely future option.

20. Helping Memphis Make the Shift to Startups -

It’s been quite a year! We saw Memphis’ first joint Demo Day with Start Co. and Zeroto510, graduated 18 startups from accelerator programming and hosted several investors and startup enthusiasts from all over the country here for the Memphis in May World Championship Barbecue Cooking Contest. However, on a national scale, our startup community still has plenty of work to do.

21. Ballpark Digest Lauds AutoZone Park Renovations -

Extensive improvements before last baseball season earned AutoZone Park Ballpark Digest's Best Ballpark Renovation Award (over $6 million category) for 2015.

"AutoZone Park has always been one of the leading venues in Minor League Baseball, but there's no doubt it had become a dated facility," said Kevin Reichard, Ballpark Digest publisher. "With the St. Louis Cardinals coming on board as owners, it was clearly important to Cards team leaders and the Redbirds front office that the fan experience be significantly enhanced."

22. FedEx, TNT Merger Nabs Regulatory Approval in Europe -

FedEx Corp. has received the green light to proceed with its $4.8 billion acquisition of Dutch delivery company TNT Express.

23. Last Word: Council Round-Up, One Beale's Third Tower and the Battle Over the ASD -

On a clear day, the song goes, you can see forever.
In Memphis though, it seems that no two politicians will see exactly the same thing or have precisely the same opinion.
On a somewhat sunny but not necessarily clear Tuesday in our fair city there was a lot to see.

24. Mall of Memphis Property Bought by Trucking Company -

113-Acre Former
Mall of Memphis Site
Sale Amount: $3.9 million

Sale Date: Dec. 29, 2015
Buyer: TAG Real Estate Holdings LLC
Seller: Memphis Industrial Properties LLC (Johnson Development Associates Inc.)
Loan Amount: $23 million
Loan Date: Dec. 29, 2015
Lender: Mercedes-Benz Financial Services USA LLC
Details: The 113-acre former Mall of Memphis property has a new owner. TAG Real Estate Holdings, an affiliate of Memphis-based TAG Truck Enterprises LLC, paid $3.9 million, or $34,513 an acre, to buy the property from Johnson Development Associates Inc., acting as Memphis Industrial Properties LLC.

25. Tri-State Bank HQ Sale Heightens Speculation -

The northeast corner of Main and Beale streets is more than prime real estate; it’s historic ground with a direct connection to ongoing racial and economic issues.

Tri-State Bank, the city’s 70-year old black-owned bank, and Belz Investco announced Thursday, Dec. 31, that the bank was selling its headquarters, 180 S. Main St., to Belz Investco GP in a $3 million deal.

26. Ballpark Digest Lauds AutoZone Park Renovations -

Extensive improvements before last baseball season earned AutoZone Park Ballpark Digest's Best Ballpark Renovation Award (over $6 million category) for 2015.

"AutoZone Park has always been one of the leading venues in Minor League Baseball, but there's no doubt it had become a dated facility," said Kevin Reichard, Ballpark Digest publisher. "With the St. Louis Cardinals coming on board as owners, it was clearly important to Cards team leaders and the Redbirds front office that the fan experience be significantly enhanced."

27. Market Volatility Causes IPO Market to Stall Out in 2015 -

NEW YORK (AP) – The volatile trading that defined 2015 led to a very choppy market for companies wanting to go public.

The number of U.S. companies that successfully made an initial public offering of stock in 2015 dropped by more than 40 percent compared with 2014, according to a report by IPO research firm Renaissance Capital.

28. Poplar Ave. Car Wash Sells for $2.5 Million -

The Boomerang Carwash at 4831 Poplar Ave. has sold for $2.5 million

Arkansas-based Washpop LLC purchased the property from Bailey’s Tunnel Wash LLC in a Dec. 23 warranty deed. In conjunction with the sale, Washpop filed a five-year, $2.5 million mortgage with First Capital Bank.

29. Poplar Ave. Car Wash Sells for $2.5 Million -

The Boomerang Carwash at 4831 Poplar Ave. has sold for $2.5 million

Arkansas-based Washpop LLC purchased the property from Bailey’s Tunnel Wash LLC in a Dec. 23 warranty deed. In conjunction with the sale, Washpop filed a five-year, $2.5 million mortgage with First Capital Bank.

30. East Memphis Retail Strip Sells for $5.3 Million -

An East Memphis retail center has sold for $5.3 million to an out-of-town group.

Orleans Place Retail Center LLC purchased the property at 1779 Kirby Parkway and 1789 Kirby Parkway from Cohen Orleans Place LLC in a Dec. 28 warranty deed.

31. Under Pressure -

The Urban Child Institute’s research produces data. That data provides guidance for making decisions about how to best help Memphis children age 3 and younger. And The Urban Child Institute’s assets, around $150 million in 2013, offer a means to that end.

32. East Memphis Retail Strip Sells for $5.3 Million -

An East Memphis retail center has sold for $5.3 million to an out-of-town group.

Orleans Place Retail Center LLC purchased the property at 1779 Kirby Parkway and 1789 Kirby Parkway from Cohen Orleans Place LLC in a Dec. 28 warranty deed.

33. Healthy Job Market Lifts Consumer Confidence in December -

WASHINGTON (AP) – A stronger job market lifted consumer confidence in December, a business group said Tuesday.

The Conference Board's consumer confidence index rose to 96.5 this month from November's revised 92.6.

34. US Consumer Spending and Incomes Up in November -

WASHINGTON (AP) — U.S. consumer spending rebounded in November after a weak showing in October, while a key inflation gauge posted the fastest year-over-year increase in 11 months.

Spending increased 0.3 percent in November after an essentially flat reading in October and a 0.2 percent gain in September, the Commerce Department said Wednesday. Personal income rose a solid 0.3 percent in November, reflecting solid gains in wages and salaries, after a 0.4 percent October increase.

35. EPIcenter Launches Work, Business Space In Germantown -

The EPIcenter entrepreneurship organization has teamed up with the city of Germantown to open a collaborative work and business space in the Carrefour at Kirby Woods, a shopping center at the intersection of Poplar Avenue and Kirby Road.

36. Demand for Craft Beers Sparks Surge in US Hop Production -

MOXEE, Wash. (AP) — Demand from craft beer brewers led to an 11 percent increase in U.S. hop production in 2015 compared to the previous year.

The U.S. Department of Agriculture's National Agricultural Statistics Service says production totaled 78.8 million pounds.

37. Hiring of New Beale Street Manager Nears -

The Beale Street Tourism Development Authority will soon know what it has to work with in selecting a firm to run the entertainment district on a day-to-day basis.

The deadline for real estate management companies to apply to the authority’s request for proposal or RFP was Friday, Dec. 18.

38. Bioworks Broadens Focus On Agriculture -

The Memphis Bioworks Foundation is capping off another busy year as the city’s go-to organization for seeding and promoting bioscience companies and investment by expanding its executive team and incorporating a new division into the organization.

39. Proposed Used Car Lot In South City Draws Ire -

An applicant seeking to operate a used car lot at 704 Vance Ave. will go before the Shelby County Board of Adjustment Wednesday, Dec. 16, in what seemingly would be a cut-and-dry affair with the BOA staff recommending conditional approval.

40. As Rate Hike Nears, Fed's Hints on Future to be Scrutinized -

WASHINGTON (AP) — It's not about what it will do. It's about what it will say.

The worst-kept secret in the financial world is that the Federal Reserve is all but sure Wednesday to raise interest rates from record lows by a modest quarter point.

41. Avison Young to Open Memphis Office -

A new commercial real estate services firm has come to town.

Toronto, Canada-based Avison Young has hired principals Shane Soefker, who previously was an executive vice president and principal at Cushman & Wakefield/Commercial Advisors, and Jacob Biddle, who served as vice president at C&W/CA.

42. Autonomy Comes With Risk for State’s Universities -

Tennessee officials are lauding Gov. Bill Haslam’s plan to restructure higher education in an effort to meet his goals for the Drive to 55.

The FOCUS Act proposed recently by the Republican governor to make sure 55 percent of Tennesseans hold a degree or postsecondary certificate by 2025 promises to launch a new era for the state’s colleges and universities.

43. Avison Young to Open Memphis Office -

A new commercial real estate services firm has come to town.

Toronto, Canada-based Avison Young has hired principals Shane Soefker, who previously was an executive vice president and principal at Cushman & Wakefield/Commercial Advisors, and Jacob Biddle, who served as vice president at C&W/CA.

44. Obama Signs 5-Year Infrastructure Spending Bill -

WASHINGTON (AP) – A 5-year, $305-billion bill to address the nation's aging and congested transportation systems was signed into law Friday by President Barack Obama, who said it will put Americans to work and provide states with the federal help they need to commit to long-term projects.

45. ZeroTo510 startup SweetBio raises another $900,000 -

One of the most recent companies to participate in the Memphis Bioworks Foundation’s ZeroTo510 medical device accelerator program has raised another $900,000 in venture capital funding.

That new equity financing raised by SweetBio, a medical device startup specializing in wound-healing biomaterials with a dental focus, brings the venture’s total raise to more than $1 million in the past six months.

46. Yellen Confident in Economy Ahead of Expected Rate Hike -

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen on Wednesday indicated that the U.S. economy is on track for an interest rate hike this month, but she said the Fed will need to review incoming data before making a final decision.

47. US Factory Activity Drops in Nov.; First Decline in 3 Years -

WASHINGTON (AP) — U.S. factory activity plummeted last month to the lowest level in more than six years, with a stronger dollar and low oil prices cutting new orders and hurting production.

48. St. Jude Files $10 Million Construction Permit -

650 St. Jude Place
Memphis, TN 38105

Permit Amount: $10 million

Application Date: Nov. 24, 2015

Owner: St. Jude Children’s Research Hospital

Tenant: St. Jude Children’s Research Hospital

49. Southwind Hotel Sells for $7.1M -

The Four Points by Sheraton hotel in Southwind has sold for $7.1 million, according to a Nov. 20 warranty deed.

Nexus Paartnership (sic) sold the four-story hotel in southeast Memphis, at 4090 Stansell Court, to Southwind Lodging LLC.

50. Fed: Memphis Banks See Q3 Improvement -

When Memphis-based Paragon Bank recently reported record third-quarter revenue, the highest total loans in the bank’s history and a big drop in nonperforming assets, Paragon CEO Robert Shaw was unequivocal.

51. US Economy Grew at 2.1 Percent Rate in Third Quarter -

WASHINGTON (AP) — The U.S. economy grew at a slightly faster rate in the summer than previously reported, mainly because businesses restocked their goods at a stronger pace than first thought.

The overall economy, as measured by the gross domestic product, grew at an annual rate of 2.1 percent in the July-September period, the Commerce Department reported Tuesday. It previously estimated growth of 1.5 percent.

52. Southwind Hotel Sells for $7.1M -

The Four Points by Sheraton hotel in Southwind has sold for $7.1 million, according to a Nov. 20 warranty deed.

Nexus Paartnership (sic) sold the four-story hotel in southeast Memphis, at 4090 Stansell Court, to Southwind Lodging LLC.

53. Home Values Point to a Sharp Wealth Divide Within US Cities -

WASHINGTON (AP) — It's still possible in Boston for a mail carrier, an accountant and a Harvard-trained psychiatrist — basically, the crowd from "Cheers" — to live as neighbors.

That finding by the real estate brokerage Redfin makes the capital of Massachusetts a rarity at a time when neighborhoods in most U.S. cities are increasingly isolated from each other by income and home values.

54. Paragon Bank Reports Strong Third-Quarter Results -

Paragon Bank saw record revenues in the third quarter, as well as the highest total loans in the bank’s history and an improved net interest margin, the bank announced this week. The strong quarterly performance stems from a 57 percent drop in nonperforming assets, which are at their lowest levels since 2007, and the continued progress of Paragon's Atlanta-based Small Business Capital Group. Due to increases in Small Business Administration income, mortgage income and solutions product income, core non-interest income for the first three quarters of 2015 increased 82.3 percent over the same period in 2014 to $910,000. Among highlights for the third quarter: • Total revenue for the quarter was $3.3 million, an increase of 3.1 percent over the second quarter of 2015 and 11.8 percent over third quarter 2014. • Nonperforming assets dropped 57 percent during the third quarter, from $5.7 million to $2.5 million. The ratio of nonperforming assets to total assets also dropped from 1.94 percent on June 30 to 0.84 percent on Sept. 30. • Gross loans increased $5.4 million, or 9.2 percent, during the third quarter to reach $237.5 million. Total deposits also increased 8 percent as of Sept. 30, while core deposits have increased 3.3 percent. – Andy Meek Gus's Fried Chicken Named

55. Editorial: EPIcenter Adds to Memphis’ Entrepreneurial Reality -

EPIcenter’s goal of 500 new companies in a decade is ambitious, even considering the $3.75 million in capital raised since last year for 50 new companies.

The idea of bringing the city’s collective startup community together with the goal of propelling Memphis’ economy forward is valuable. But it will require all those invested in the community to play nice, so to speak.

56. Ready for Launch -

Five hundred new companies in 10 years. That’s the idea that founded EPIcenter, short for Entrepreneurship-Powered Innovation Center, an organization looking to catalyze the entrepreneurial movement in Memphis.

57. Paragon Bank Reports Strong Third-Quarter Results -

Paragon Bank saw record revenues in the third quarter, as well as the highest total loans in the bank’s history and an improved net interest margin, the bank announced this week.

58. Short-Term Market Drop Likely Following Paris Terror -

NEW YORK (AP) — The value of stocks, crude oil and the European currency will likely fall this week as investors worry about what the Paris terror attacks will do to consumer confidence and key parts of the global economy.

59. Ignite Memphis Set to Return This Month -

Downtown's new Halloran Centre later this month will host a gathering of creatives, emerging leaders and influential Memphians who come from different backgrounds but have at least one thing in common.

60. November 13-19: This week in Memphis history -

2010: Memphis City Schools board members begin talking over what Republican majorities in both chambers of the Tennessee Legislature will mean for local public education.
Some on the MCS board are certain the majorities will give Shelby County Schools permission to declare itself a special school district with its own source of funding in the county outside Memphis. Some board members advocate a move to surrender the MCS charter and effectively merge the county’s two public school systems. Others urge more talks between the systems to work out a compromise short of two special districts.
“Since I’ve been on this board, we’ve been talking. … I’m tired of talking,” says school board member Tomeka Hart. “We keep talking and every year, they get closer and closer. We won’t be able to afford the system that we have now.”

61. Haslam Uses Lamar Backdrop To Make Road Funding Case -

Tennessee Gov. Bill Haslam still thinks it’s too early to talk about how to pay for a $6.1 billion list of 181 state road projects in 62 counties across the state.

But after saying that Monday, Nov. 9, in Memphis, Haslam then made the case for a gas tax hike.

62. Haslam Uses Lamar Backdrop To Make Road Funding Case -

Tennessee Gov. Bill Haslam still thinks it’s too early to talk about how to pay for a $6.1 billion list of 181 state road projects in 62 counties across the state.

But after saying that Monday, Nov. 9, in Memphis, Haslam then made the case for a gas tax hike.

63. The Week Ahead: Nov. 9, 2015 -

How was your weekend, Memphis? Here’s our weekly rundown of local happenings you need to know about, from revenge on the Warriors to crime reduction through urban planning…

It’s still election season in 70 percent of the city, which sounds like a weather forecast – part warning and part advisory.
But the seven-day outlook calls for an increased chance of political engagement this week. Early voting in the set of five Memphis City Council runoff races continues this week at eight satellite locations as well as the Downtown site, 157 Poplar Ave.
The runoff elections in council districts 2, 3, 4, 5 and 7 will determine the identity of a council that will have at least six, possibly seven new members. Super District council members Philip Spinosa and Martavius Jones, the two confirmed new faces on the council, were elected outright on Oct. 8.

64. SEC Opens Door to Startup Investing For All -

WASHINGTON (AP) — A new form of crowdfunding is coming soon that will allow startups to raise money by selling stock to Main Street investors.

The Securities and Exchange Commission on Friday adopted rules implementing a 2012 law that opened the door to securities crowdfunding. The vote was 3-1 at a public meeting.

65. FedEx Prepares For Record Holiday Season -

FedEx Corp. is getting ready for a record holiday season with 317 million expected shipments between Black Friday and Christmas Eve. The company’s forecast is a 12.4 increase in year-over-year seasonal volume.

66. Musistic Brings Musicians Together -

Imagine being an artist who wants to collaborate with another musician who lives five states away or even on another continent.

The logistics of recording together is a nightmare at best, and impossible to get together at worst. Jimbo Lattimore and the other founders of Musistic saw the problem firsthand and realized a solution was possible.

67. Central Station Design Plans Come Into Clearer Focus -

A six-screen movie theater and nine multistoried apartment buildings with a total of about 200 units are among the updates in the recently submitted plan for the redevelopment of Central Station.

In its application to the Design Review Board, an affiliate board of the Downtown Memphis Commission, developers submitted their $55 million proposal to turn the Downtown train station into a vibrant mixed-use campus.

68. Memphis Tennis Tournament’s New Owners Hope to Rejuvenate Annual Event -

Another year, and another new owner of the Memphis men’s professional tennis tournament with big plans for restoring luster to the event – this time as the Memphis Open presented by ServiceMaster celebrates its 40th year.

69. FedEx Prepares For Record Holiday Season -

FedEx Corp. is getting ready for a record holiday season with 317 million expected shipments between Black Friday and Christmas Eve. The company’s forecast is a 12.4 increase in year-over-year seasonal volume.

70. 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.

71. U of M Extends Contract of AD Tom Bowen -

Tom Bowen, director of athletics at the University of Memphis, has received a two-year contract extension that runs through at least June 2019.

Bowen was hired as athletic director in 2012. Athletics is nearing completion of its $40 million “Time to Shine” capital campaign to improve practice and training facilities for the football and men’s basketball programs.

72. Car Buying Fuels Bump in September Retail Sales -

WASHINGTON (AP) — Americans spent cautiously at retailers in September, with stepped-up spending for cars, clothes and restaurants tempered by sales declines for gasoline, building materials and online outlets.

73. Collierville Sites Being Groomed to Attract Industrial Development -

Cartwright Farms in the Collierville Commerce Center is a 165-acre lot well positioned for new industrial activity.

It has the infrastructure and utilities capability. It is served by U.S. 72, which just underwent a $20 million five-lane expansion. It’s shovel-ready. It’s one of the largest pieces of Collierville’s 500 acres zoned industrial. All it needs is a little statewide attention.

74. U of M Extends Contract Of AD Tom Bowen -

Tom Bowen, director of athletics at the University of Memphis, has received a two-year contract extension that runs through at least June 2019.

Bowen was hired as athletic director in 2012. Athletics is nearing completion of its $40 million “Time to Shine” capital campaign to improve practice and training facilities for the football and men’s basketball programs.

75. Twitter Gives Co-Founder Jack Dorsey a 2nd Chance as CEO -

SAN FRANCISCO (AP) — Twitter is embracing Jack Dorsey as its CEO in hopes that its once-spurned co-founder can hatch a plan to expand the short messaging service's audience and end nearly a decade of financial losses.

76. Earlier Conversions Leave Lessons for Foote Homes Project -

The coming redevelopment of Foote Homes will be different from previous public housing conversions, incorporating lessons learned from relocating residents.

The last phase of neighboring Cleaborn Homes’ conversion to a mixed-use, mixed-income development is under construction on the other side of Lauderdale Street. It will create 67 multifamily units and should be completed by the end of the year.

77. Memphis Bike Share on Track for Launch Next Year -

All signs are pointing to Memphis getting a bike-sharing program. Explore Bike Share has reached the end of the trail as the local initiative has sent out a request for proposals to take public bikes-for-hire to the next level.

78. New Deputy Memphis AD Mark Alnutt Has Power Five Aspirations -

Looking back, Mark Alnutt always was an inside guy.

As a kid, this wasn’t by choice. His asthma was so bad that flare-ups would have him spending several days in hospital oxygen tents.

Not until he was in the sixth grade, when inhalers were readily available, did Alnutt get to play little league football.

79. US Home Sales Slide in August After 3 Months of Solid Gains -

WASHINGTON (AP) — U.S. home sales slid in August by the most since January as tight supplies and rising prices discouraged potential buyers.

The National Association of Realtors said Monday that sales of existing homes fell 4.8 percent from the previous month to a seasonally adjusted annual rate of 5.31 million, the lowest level since April. That's down from 5.58 million in July, which was the highest in more than eight years.

80. Is Now Time For a Fed Rate Hike? Here Are 2 Clashing Views -

WASHINGTON (AP) — For seven years — through political fights, Europe debt crises and market panic — investors could count on one thing: Short-term U.S. interest rates would stay locked near zero.

81. 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.

82. Autos, Restaurants Push US Retail Sales Higher in August -

WASHINGTON (AP) — Americans stepped up their spending on cars, restaurant meals, groceries and clothing in August, suggesting that consumers will help sustain U.S. economic growth despite a broader global slowdown.

83. As Fed Meets, Decision on Rate Hike Seems Like a Toss-Up -

WASHINGTON (AP) — Will they or won't they?

Nine years after they last raised their benchmark interest rate and after months of feverish speculation, Federal Reserve policymakers this week may finally raise that rate from a record low near zero.

84. New Tax Incentive Aims to Boost Declining Memphis Neighborhoods -

Just north of Interstate 40, the commercially empty gateways to the Frayser neighborhood between North Hollywood Street and North Watkins Street are hardly fit to accommodate the thousands of vehicles that pass by every day.

85. Council Voting on Retirement Freeze to Stem Memphis Police Exodus -

Memphis City Council members take a final vote Tuesday, Sept. 15, on a freeze of the city’s deferred retirement plan that is designed to keep the police force from dipping below 2,000 officers.

The council meets at 3:30 p.m. at City Hall, 125 N. Main St. Follow @tdnpols, www.twitter.com/tdnpols, for live coverage of the meeting and updates from committee sessions earlier in the day.

86. Tennessee Athletics Reports $13.1 Million Budget Surplus -

KNOXVILLE, Tenn. (AP) – Tennessee's athletic department has reported a $13.1 million surplus for the 2014-15 fiscal year, thanks in part to record fundraising and the launching of the SEC Network.

87. Farmers First -

After all these years – 27 weeks of Saturdays for a decade – Jill Forrester calls it a “nice routine.” And by that she means she and husband Keith getting up at 3 a.m., loading their produce, herbs and flowers, and driving to the Memphis Farmers Market downtown.

88. Jernigan Shareholders to Get Cash Dividend -

Shareholders of Jernigan Capital Inc. are getting a reward of sorts for being early investors in the newly public company.

89. 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.

90. Business Lending in Recovery Mode -

The U.S. Small Business Administration estimates that small businesses provide more than half of all American jobs.

But since the Great Recession changed the economic landscape in 2008, how those small businesses go about gaining funding to operate or upgrade has changed. In fact, while the economic downturn hit big business, it also had a major hand in reshaping the nation’s small businesses.

91. Memphis to Soon Host 13th Annual Musculoskeletal Industry Conference -

Memphis is gearing up to host what will be the 13th annual Musculoskeletal New Ventures Conference, an annual confab where surgeons, venture capitalists, angel investors, industry leaders and others gather to talk shop, and more.

92. City of Memphis, EPIcenter Get $50,000 for Startup Efforts -

When Walter Perry, director of the U.S. Small Business Administration’s Tennessee district office, joins other SBA staff in presenting Memphis officials Wednesday, Sept. 2, with a $50,000 Start Small Model prize, the ceremony will be more than a perfunctory civic affair.

93. Jernigan Capital Shareholders To Get Cash Dividend -

Shareholders of Jernigan Capital Inc. are getting a reward of sorts for being early investors in the newly public company.

94. US Economy's Second Quarter Went From Solid to Stellar -

WASHINGTON (AP) — The U.S. economy staged a far bigger rebound last quarter than first thought, outpacing the rest of the developed world and bolstering confidence that it will remain sturdy in coming months despite global headwinds.

95. Memphis' Bigger Brothers -

If spending begins with saving, then Brother Adrian Powers’ fingerprints are all over the $25 million improvement campaign at Christian Brothers High School that includes a $10 million athletic development center.

96. Southwest Adds Memphis Flights -

Southwest Airlines will add seasonal nonstop flights between Memphis and Austin, Texas, along with an additional seasonal flight to Orlando.

The nonstop service between Memphis International Airport and Austin-Bergstrom International Airport will operate on Saturdays and Sundays starting Dec. 5 and move to Saturdays only starting Jan. 9. The route will continue being offered on Saturdays through March 5.

97. Memphis Investment Professionals Preach Caution Amid Market Swings -

The 1,000-point drop at one point Monday, Aug. 24, in the Dow Jones Industrial Average – it ended the day down 588 points to close at an 18-month low – was a result of volatile trading that marked a stomach-churning start to the week for investors.

98. Cloverleaf Shopping Center Sells in $4.8 Million Deal -

5071, 5079 and 5150 Summer Ave.
761 N. White Station Road
Memphis, TN 38122

99. CBHS to Build $10M Athletics Facility -

Christian Brothers High School is building a $10 million athletics complex on its East Memphis campus.

100. University of Memphis Knows Time to Shine Is Now -

First, there was a video because in 2015 there must always be a video.

Before University of Memphis Athletics director Tom Bowen and president M. David Rudd took their turns at the lectern to talk about the public phase of a $40 million capital campaign for athletic facilities, all heads turned toward a screen.