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Editorial Results (free)

1. The Week Ahead: February 26-March 4 -

Good morning, Memphis! There are plenty of business, government and sporting events to keep your interest this week, along with the annual farm and gin show. And Shakespeare could inspire some Shelby County students to have their works published in a literary magazine.

2. First Horizon Announces Employee Raises -

A little more than a month after the parent company of First Tennessee Bank distributed one-time $1,000 bonuses to employees, the company is rolling out another employee perk.

3. EdR Reports Higher Income For Q4, Full Year 2017 -

EdR, a Memphis-based real estate investment trust focused on owning and developing collegiate housing, wrapped up 2017 on a positive note, posting higher earnings for both the fourth quarter and full year.

4. Tennessee Senate Passes Constitutional Tax Measure -

A proposal by State Sen. Brian Kelsey (R-Germantown) to amend the Tennessee Constitution to ban the Hall Income Tax passed the Senate by a vote of 26-3 on Thursday, Feb. 22.

5. Last Word: Corker & Blackburn, More Frost and Dale Watson's Move to The Haven -

It's possible around City Hall these days to get your RFQs mixed up with your RFPs. And there is a difference in requests for qualifications and requests for proposals. Usually RFQs come before RFPs – but there are exceptions – loopholes. The latest RFQ out of City Hall – album title or t-shirt slogan? – is for the adaptive reuse of the Memphis Brooks Museum of Art.

6. High Point Climbing Takes Foothold in East Memphis -

By the end of the year, a parking lot just off Walnut Grove Road and North Humphreys Boulevard will be replaced with an outdoor climbing wall – one of the signature design elements of High Point Climbing and Fitness, which just began construction of its first ground-up facility in Memphis.

7. CRE Owners Look To Reap Rewards Of New Tax Cuts -

The start of the year enjoyed a flurry of commercial real estate sales and building permits, on the heels of federal tax cuts passed late last year that are expected to benefit CRE owners and possibly impact the number of new projects and sales announced this year.

8. Not Your Father’s Office Building -

2017 was a big year for Clark Tower, with more than $9 million in physical improvements. But perhaps one of the biggest changes to the 34-story East Memphis office tower, located at 5100 Poplar Ave., is a change in perception.

9. Tennessee Senate Passes Constitutional Tax Measure -

A proposal by State Sen. Brian Kelsey (R-Germantown) to amend the Tennessee Constitution to ban the Hall Income Tax passed the Senate by a vote of 26-3 on Thursday, Feb. 22.

10. Mississippi Gives Tax Break to Hotel Tied to Trump Company -

JACKSON, Miss. (AP) – Mississippi has granted a tax break worth just over $6 million to a hotel developer affiliated with the Trump Organization.

Mississippi Development Authority spokesman Jeff Rent confirmed Thursday that the agency's board approved the tourism tax rebate Wednesday for a hotel in Cleveland, Mississippi. The state offers developers a rebate of up to 30 percent of their investment.

11. Experts to Discuss Record Highs, Lows at Chandler Reports Seminar -

Topics ranging from record high average home sale prices to historic low foreclosure numbers will be explored at Chandler Reports’ annual Real Estate Review.

The 2017 year-in-review seminar will be held Thursday, March 1, from 3:30 p.m. to 5 p.m. in the Goldsmith Room at Memphis Botanic Garden, 750 Cherry Road, and will be moderated by Eric Barnes, publisher of The Daily News and The Memphis News.

12. Donors Give $2 Million To Le Bonheur Children’s Hospital -

Le Bonheur Children’s Hospital has established the Trish Ring Endowment for Child Health and Well-Being, thanks to a $2 million gift from Trish and Carl Ring.

13. Sen. Lamar Alexander Talks Tax Reform, Trump, Guns -

The day before the U.S. Senate voted in December to pass a massive federal tax overhaul, FedEx founder, chairman and CEO Fred Smith called up U.S. Sen. Lamar Alexander and urged him to “pass that bill.”

14. Sen. Alexander Talks Tax Reform, Trump, Gun Control in Memphis -

The day before the U.S. Senate voted in December to pass a massive federal tax overhaul, FedEx founder, chairman and CEO Fred Smith called up U.S. Sen. Lamar Alexander, R-Tenn., and urged him to “pass that bill.”

15. EdR Reports Higher Income for Q4, Full Year 2017 -

EdR, a Memphis-based real estate investment trust focused on owning and developing collegiate housing, wrapped up 2017 on a positive note, posting higher earnings for both the fourth quarter and full year.

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

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

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

17. MGM Misses Q4 Profit Forecasts -

LAS VEGAS (AP) – MGM Resorts International on Tuesday reported fourth-quarter net income of $1.4 billion.

The Las Vegas-based company, whose holdings include Gold Strike Casino Resort in Tunica, said it had a profit of $2.42 per share. Earnings, adjusted for pretax gains, were less than 1 cent on a per-share basis.

18. Walmart's Bruising Battle With Amazon Saps Its Q4 Results -

NEW YORK (AP) – Walmart is getting bruised in its battle with online leader Amazon.

The world's largest retailer on Tuesday reported a smaller-than-expected fourth-quarter profit as it wrestled with slower e-commerce sales during the busiest time of the year. The results underscore the company's challenges in a fiercely competitive retail landscape.

19. The Value Of College -

College is expensive. Private college is even more. My undergraduate school is now charging approximately $50,000 per year, just for tuition. Assuming you’re paying out of pocket, that’s $200,000 for a four-year degree, not including room and board.

20. First Horizon National Corp. Announces Employee Raises -

A little more than a month after the parent company of First Tennessee Bank distributed one-time $1,000 bonuses to employees, the company is rolling out another employee perk.

21. Harris Proposes Bill to Fund Pre-K with Sunday Wine Sales -

State tax revenue from the Sunday sale of wine in stores could be used to fund prekindergarten access for low-income families.

State Senate Democratic Leader Lee Harris of Memphis announced Monday, Feb. 19, that he is sponsoring the bill, which would figure prominently in the local push for more prekindergarten classrooms in the city of Memphis.

22. Harris Proposes Bill To Fund Pre-K with Sunday Wine Sales Revenue -

State tax revenue from allowing the Sunday sale of wine in grocery stores and supermarkets and other stores could be used to fund prekindergarten access for low income families.

State Senate Democratic leader Lee Harris of Memphis announced Monday, Feb. 19, that he is sponsoring the bill, which would figure prominently in the local push for more prekindergarten classrooms in the city of Memphis.

23. Harris Proposes Bill To Fund Pre-K with Sunday Wine Sales Revenue -

State tax revenue from allowing the Sunday sale of wine in grocery stores and supermarkets and other stores could be used to fund prekindergarten access for low income families.

State Senate Democratic leader Lee Harris of Memphis announced Monday, Feb. 19, that he is sponsoring the bill, which would figure prominently in the local push for more prekindergarten classrooms in the city of Memphis.

24. First Horizon National Corp. Announces Employee Raises -

A little more than a month after the parent company of First Tennessee Bank distributed one-time $1,000 bonuses to employees, the company is rolling out another employee perk.

25. At Home Sells Winchester Property for $10 Million -

A Phoenix, Arizona-based real estate investment trust has paid $10 million for the big-box space in Southeast Memphis’ Centennial Place shopping center leased to home furnishings retailer At Home.

26. 100 N. Main Owners Buy Additional Property -

80, 86, 88 N. Main St., Memphis, TN 38103: Less than a month after the 100 North Main Building was effectively reclaimed by the lender at a foreclosure auction, New York-based real estate firm Townhouse Management Co. affiliate THM Memphis Acquisitions LLC has purchased adjacent parcels.

27. After Company-Wide Bonuses, First Tennessee Parent Co. Announces Raises -

A little more than a month after the parent company of First Tennessee Bank distributed one-time $1,000 bonuses to employees, the company is rolling out another employee perk.

Memphis-based First Horizon National Corp. is bumping up the minimum pay level of employees to $15 an hour, part of the company’s continued re-investment of savings stemming from the recent federal tax legislation.

28. Couch-Smith Drives Tsunami Nuances Behind the Scenes -

Tsunami continues to reinvent itself as it approaches 20 years in business this year and is beginning 2018 with its strongest holiday season on the books.

Colleen Couch-Smith, wife of Tsunami chef Ben Smith, is instrumental to the success and world-class status of the restaurant, bringing an artistic eye, discerning palate and insightful management style to the table.

29. Corky’s BBQ Expanding, Headed To Texas -

Corky’s BBQ is expanding its brand of pulled pork to the Lone Star State.

The company has secured an expansion and franchise agreement for multiple locations in the Houston and Dallas metro areas.

30. Two Residential Infill Projects Get Green Light -

Two residential infill projects in South Main and Midtown that will add density to the city’s core were approved for financial incentives Tuesday afternoon, Feb. 13.

A new mixed-use development slated for South Main will be headlined by a long-time Blue Monkey employee.

31. Case, Vance Bringing 'Rise of the Rest' Startup Fund to Memphis This May -

The co-founder of America Online is coming to Memphis this May with his investment fund to hear pitches from local startup companies and award $100,000 in seed funding to one of them.

Steve Case, the chairman and CEO of the Washington, D.C.-based venture capital firm Revolution, and venture capitalist and author J.D. Vance are leading the second leg of the current Rise of the Rest bus tour. Rise of the Rest is also the name of the seed fund.

32. Long-Time Blue Monkey Employee Opening Deli Downtown -

A new mixed-use development slated for South Main will be headlined by a long-time Blue Monkey employee.

Michael Johnson of Blue Monkey Enterprises told the Center City Revenue Finance Corp. on Tuesday, Feb. 13, that 18-year employee Brandon Moss will be running a deli on the bottom floor of a new three-story, 7,500-square-foot building that will be located at 529 S. Front St.

33. Beleaguered Gun Maker Remington Points to Bankruptcy Court -

MADISON, N.C. (AP) – Remington, the gun maker beset by falling sales and lawsuits tied to the Sandy Hook Elementary School massacre, has reached a financing deal that would allow it to continue operating as it seeks Chapter 11 bankruptcy protection.

34. Agency-By-Agency Highlights of Trump's 2019 Budget -

WASHINGTON (AP) – Here are highlights from President Donald Trump's budget for fiscal year 2019...

___

DEFENSE

Trump's budget for 2019 shows the administration's concern about the threat from North Korea and its missile program.

35. Trump Plan Would Study Sale of TVA’s Assets -

NASHVILLE, Tenn. (AP) – The infrastructure plan outlined by President Donald Trump on Monday suggests studying whether the nation's largest public utility should sell its transmission assets, which Tennessee Republican Sen. Lamar Alexander called "a looney idea" with "zero chance of becoming law."

36. At Home Sells Winchester Property for $10 Million -

A Phoenix, Arizona-based real estate investment trust has paid $10 million for the big-box space in Southeast Memphis’ Centennial Place shopping center leased to home furnishings retailer At Home.

37. Even 'Safe' Bond Investments Falter as Markets Tumble -

NEW YORK (AP) – The stock market isn't the only thing dropping. Bonds, which are supposed to be the safe part of every investor's portfolio, have faltered, too.

In what's been a rude awakening for some investors, bond funds have lost ground these past couple of weeks, unlike in past downturns for stocks. What's different this time is that the same things undercutting stocks are hurting bond prices: worries about inflation and the possibility of much higher interest rates.

38. Shipping Shakeup? Amazon May Deliver Its Own Packages -

Amazon has already shown that it can rattle the retail, grocery and health insurance industries, and now it is doing the same in the delivery business.

The online retailer is reportedly planning a new service to pick up packages from businesses and deliver them to consumers.

39. Jernigan Capital Invests $11.7M in Self-Storage Project -

Memphis-based Jernigan Capital Inc. has closed a $11.7 million investment in a proposed conversion of an existing building into a multistory, climate-controlled self-storage project in Minneapolis, Minnesota.

40. State Senate Committee OKs Repeal of Hall Tax -

A proposal by state Sen. Brian Kelsey of Germantown to amend the Tennessee Constitution to ban the Hall income tax passed the Senate Finance, Ways and Means Committee Tuesday, Feb. 6, by a vote of 9-2.

41. Hotel Indigo, Trader Joe’s Move Ahead -

22 N B.B. King Blvd., Memphis, TN 38103: Atlanta-based Three P Partners has filed a $5 million building permit application with the Office of Construction Code Enforcement to construct a 118-room Hotel Indigo at the corner of North B.B. King Boulevard and Court Avenue.

42. Editorial: Leadership Should Come With More Dialogue -

When two groups agree on a general goal but not the way to accomplish that goal, the differences can be overcome. When the two groups question the motives of each other, it becomes much more difficult.

43. The Metrics Mayor -

At times in the last two years, political supporters of Memphis Mayor Jim Strickland have been worried. They agree with what got him elected, his “brilliant at the basics” philosophy that makes basic services and fundamental play-it-safe financial strategies the priority at City Hall.

44. CVS Health Eyes Data, Wage Boosts With $1.5B Tax Benefit -

CVS Health's fourth-quarter earnings nearly doubled, fueled by a $1.5 billion tax benefit that will help the drugstore chain expand its growing role in customer care.

The company said Thursday that it will use the break it gets from the recently completed federal tax overhaul to raise starting pay for its hourly workers and pare debt ahead of its planned, $69 billion acquisition of the insurer Aetna.

45. DMC to Review Plans For New Downtown Mixed-Use Building, Midtown Apartments -

A local investment group is seeking a nine-year tax break from the Downtown Memphis Commission to construct a new mixed-use building where the Downtown Blue Monkey once stood at 529 S. Front St.

46. Mixed-Use Project Planned On Old Blue Monkey Site Downtown -

A local investment group is seeking a nine-year tax break from the Downtown Memphis Commission to construct a new mixed-use building where the Downtown Blue Monkey once stood at 529 S. Front St.

47. New Mixed-Use Building Planned for Former Blue Monkey Site -

A local investment group is seeking a nine-year tax break from the Downtown Memphis Commission to construct a new mixed-use building where the Downtown Blue Monkey once stood at 529 Front St.

48. State Senate Committee OKs Repeal of Hall Tax -

A proposal by state Sen. Brian Kelsey of Germantown to amend the Tennessee Constitution to ban the Hall income tax passed the Senate Finance, Ways and Means Committee Tuesday, Feb. 6, by a vote of 9-2.

49. Dunkin' Donuts Aims to Boost Afternoon Sales -

CANTON, Mass. (AP) – Will Americans run to Dunkin' later in the day? The coffee and doughnut chain hopes so.

Dunkin' Donuts said Tuesday that is working to increase sales after the morning rush, a strategy that coffee chain Starbucks recently said it was also pursuing.

50. White House to Release Infrastructure Principles on Monday -

WASHINGTON (AP) – President Donald Trump is expected to release Monday his $1.5 trillion infrastructure plan, a top administration priority in 2018 that will rely heavily on state and local governments, as well as private investors.

51. Filing, Fundraising Pace Quickens in County Elections -

Two of the five major contenders for Shelby County mayor in the May 1 primaries have six-figure campaign war chests and a third is just a few thousand dollars away.

That’s according to campaign finance statements filed last week with the Shelby County Election Commission for the period July 1, 2017, to the end of 2017.

52. Powell Sworn In as 16th Chairman of Federal Reserve -

WASHINGTON (AP) – Jerome Powell was sworn in Monday as the 16th chairman of the Federal Reserve in a brief ceremony in the Fed's board room. In a video message, Powell pledged to support continued economic growth and a healthy job market while remaining "vigilant" to any emerging economic risks.

53. Fred’s Pays $100K Hiring Bonus to Second CFO in Seven Months -

Scroll through the headlines on any financial news-related service – or just look at a stock performance chart – and the news out of Memphis-based retailer Fred’s Inc. has been, in a word, grim.

54. Big Pay Gains for US Workers Contribute to Wall St. Sell-Off -

WASHINGTON (AP) – Pay raises, the U.S. economy's Achilles' heel in its long recovery from the Great Recession, finally showed signs of accelerating last month – a trend that fanned inflation fears and sent bond yields rising and stocks sinking.

55. Embassy Suites Memphis On the Market -

Embassy Suites Memphis, 1022 S. Shady Grove Road, is on the market, according to HREC Investment Advisors.

56. Digest -

Memphis Toys R Us

To Remain Open

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

57. UPS Posts $1.1 Billion Profit for Q4 on High Online Shopping -

DALLAS (AP) – UPS was caught off-guard by the crush of online shopping leading up to Christmas and plans to spend a chunk of its tax-cut savings to invest in its package-delivery network.

58. Grizzlies About to Lose Evans, But Memphis Super Bowl Victory Just Hours Away -

Thanks, Tyreke. That’s all we can really say. As of this writing, the Grizzlies had not yet traded Tyreke Evans. But it was not a question of if, only a matter of when.

In fact, when the Grizzlies played at Indiana Wednesday, Jan. 31, Evans warmed up but did not play. Reportedly, he didn’t even stick around to watch the game. This is how it goes in the NBA as the Feb. 8 trade deadline draws near. Protect the asset you intend to move. Don’t take any chances.

59. MAA Releases Fourth-Quarter Results -

Memphis-based real estate investment trust MAA wrapped up what chief operating officer Tom Grimes called a “year of significant change for our organization” by reporting fourth-quarter net income of $122.5 million, or $1.08 per diluted common share.

60. DIY Pizza Craze -

For decades the “Big Three” – Domino’s, Pizza Hut and Papa John’s – have dominated the pizza industry, but the fast-casual dining concept is changing that.

And one of the new players disrupting the industry is PizzaRev, a fast-casual pizza restaurant with three locations in Memphis.

61. CDC Director Resigns Over Financial Conflicts of Interest -

NEW YORK (AP) – The director of the Centers for Disease Control and Prevention resigned Wednesday over financial conflicts of interest involving her investments in health care businesses.

62. Fed Leaves Key Rate Unchanged At Yellen's Final Meeting -

The Federal Reserve has left its benchmark interest rate unchanged but signaled that it expects to resume raising rates gradually to reflect a healthy job market and economy.

At Janet Yellen's final meeting as chair Wednesday, the Fed kept its key short-term rate in a still-low range of 1.25 percent to 1.5 percent. It said in a statement that it expects inflation to finally pick up this year and to stabilize around the Fed's target level of 2 percent. In its previous statement, the Fed had predicted that inflation would remain below its target rate.

63. Target Fulfillment Center Closing, Vendor Laying Off 486 Memphis Workers -

A Target fulfillment center in southeast Memphis is closing in April, resulting in 486 layoffs.

Radial, a third-party logistics firm that manages the distribution center for Target Corp., has filed notice with the Tennessee Department of Labor and Workforce Development that the permanent layoffs at its 5461 Davidson Road facility will start April 7 and continue through April 30.

64. Embassy Suites Memphis On the Market -

Embassy Suites Memphis, 1022 S. Shady Grove Road, is on the market, according to HREC Investment Advisors.

65. Pfizer, Riding Tax Changes, Puts Up Huge Q4 Profit -

Pfizer's fourth-quarter profit soared to $12.27 billion thanks to a huge tax benefit related to the U.S. tax system overhaul.

The biggest U.S. drugmaker on Tuesday reported an $11.34 billion benefit, mainly from recalculating deferred tax liabilities. Pfizer also said it will take a charge of approximately $15 billion, payable to the Treasury over eight years, to cover taxes on up to $24.2 billion in cash and investments held overseas that it plans to bring back to the U.S.

66. Amazon, Buffett And JPMorgan Join Forces on Health Care -

Three of corporate America's heaviest hitters – Amazon, Warren Buffett and JPMorgan Chase – sent a shudder through the health industry Tuesday when they announced plans to jointly create a company to provide their employees with high-quality, affordable care.

67. Report: 538 Public Records Exemptions in Tennessee Law -

NASHVILLE, Tenn. (AP) – A report has found that there are now 538 exemptions to Tennessee's public records law, about six times as many as there were three decades ago.

According to the state comptroller's office, the Tennessee Public Records Act only had two statutory exceptions when it was enacted in 1957. By 1988, a legislative committee reported there were 89 exceptions.

68. Ford Outlines Budget Process As Memphis’ New CFO -

Shirley Ford has been named chief financial officer for the city of Memphis. Ford, who was selected to be CFO by Memphis Mayor Jim Strickland and confirmed by the City Council, has served as the city’s comptroller since 2014. She has more than 30 years of financial, accounting and managerial experience. In addition, she is a certified public accountant and a certified municipal finance officer as designated by the state comptroller.

69. Mystery Surrounds Super Bowl Ads -

In another record-breaking year, with ad costs exceeding $5 million per 30-second spot, big brands are, once again, putting it all on the line. Some will score big and others will be answering to their boards about their multimillion-dollar blunders.

70. Haslam Proposes Completion Condition for Tennessee Promise -

Tennessee Gov. Bill Haslam’s final State of the State address Monday, Jan. 29, included a call to continue education reform with some changes to the administration’s signature higher education reforms.

71. Campbell Clinic Wins PILOT for $30 Million Germantown Expansion -

Campbell Clinic has been awarded an eight-year retention PILOT (payment-in-lieu-of-taxes) from the Germantown Industrial Development Board to help pave the way for its campus expansion plans, which include a $30 million, 120,000-square-foot new facility.

72. Target Fulfillment Center Closing, Vendor Laying Off 486 Memphis Workers -

A Target fulfillment center in southeast Memphis is closing in April, resulting in 486 layoffs.

Radial, a third-party logistics firm that manages the distribution center for Target Corp., has filed notice with the Tennessee Department of Labor and Workforce Development that the permanent layoffs at its 5461 Davidson Road facility will start April 7 and continue through April 30. 

73. Haslam Proposes Credit Hours Minimum on Higher Ed Access -

Tennessee Gov. Bill Haslam’s final State of the State address Monday, Jan. 29, included a call to continue the state’s reforms in education with some changes to the administration’s signature higher education reforms.

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

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

75. Tyson Foods Invests in Firm Trying to Make Meat From Cells -

SPRINGDALE, Ark. (AP) – Tyson Foods Inc. has invested in a food-tech startup that's developing methods to produce meat directly from animal cells.

76. Embody The Problems -

Much of the work of innovation takes place trying to deeply understanding the unmet needs of a particular market. As one innovation school of thought calls it, what are the “jobs to be done”? Discerning these needs, these undone jobs, takes more empathy than data, more heart than head, and it takes an investment of time and attention.

77. US Economy Grew at Solid 2.6 Percent Rate in Fourth Quarter -

WASHINGTON (AP) – The U.S. economy grew at a solid rate of 2.6 percent in the final three months of last year, helped by the fastest consumer spending since the spring of 2016 and a big rebound in home construction.

78. Jernigan Capital Launches Preferred Stock Offering -

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

The company – which provides debt and equity capital to private developers, owners and operators of self-storage facilities – said it expects to grant the underwriters a 30-day option to purchase additional shares of Series B preferred stock.

79. Sports Executives Enjoying ‘Glory Years’ of Memphis Sports -

With sports clicking on all cylinders in Memphis and a new professional team on the horizon, these days could really be seen as the glory years of Memphis sports.

That was the observation of Jason Wexler, president of business operations for the Memphis Grizzlies, who was one of four panelist Thursday, Jan. 25, at Newmakers: Memphis Sports, part of The Daily News’ Seminar Series.

80. TVA CEO Talks Water, Economic Development, Solar and Fixed Costs -

During his visit to Memphis last week, Tennessee Valley Authority CEO Bill Johnson left the door open to a change in TVA’s plans to use its own water wells when the new TVA natural gas-fired plant in southwest Memphis goes online later this year.

81. FedEx to Invest $3.2B in Wages, Pension Fund, Hub Investments -

FedEx Corp. has announced it will invest $3.2 billion to enact three new programs in the wake of the U.S. Tax Cuts and Jobs Act, the first being to increase employee compensation by more than $200 million, about two-thirds of which will go to hourly employees.

82. Trucking Taxation on Rise, But Driver Shortage Remains Largest Challenge -

Trucking companies pay one of the highest tax rates of any business sector. According to a study published by New York University, only the 27.28 percent average tax rate in the homebuilding sector was higher, with trucking second at 26.74 percent.

83. Rolling on the River -

Despite being the fifth-largest inland port in the United States, the Port of Memphis often gets outshined by its counterparts like Memphis International Airport and BNSF Railway’s intermodal facilities. 

84. MEGA HYPE -

In physics the larger an atom is, the more polarizing it can become. The same can be said of real estate development. So it’s not surprising that something referred to as a megasite can incite a range of opinions that are as vast as the site itself.

85. Southwest Gets Boost From Tax Law; Beats Street Q4 Forecasts -

DALLAS (AP) – Southwest Airlines said Thursday that fourth-quarter profit jumped to $1.89 billion as the recent tax law reduced the company's deferred tax liability and should boost 2018 earnings too.

86. Latest Economic Overview Shows Growth Across Sectors -

The Daily News has charted big moves in these pages from some of the Memphis public companies like FedEx and First Horizon that have paid employee bonuses and hinted at major investment as a result of the recent federal tax legislation.

87. Powell Taking Over as Fed Chairman at Time of Economic Calm -

WASHINGTON (AP) – It would seem like a pretty good time to take over as chairman of the Federal Reserve.

Jerome Powell has won Senate confirmation to head the U.S. central bank, inheriting an economy on a roll, a booming stock market and unemployment at a 17-year low.

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

Memphis City Council members decided Tuesday, Jan. 23, to take a second look at the gas and electric rate-hike proposals they rejected two weeks ago, but put off any new votes on the matter until February.

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

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

90. Trump Hits Solar Panels, Washing Machines With Tariffs -

WASHINGTON (AP) – President Donald Trump is signing a measure Tuesday imposing tariffs on imported solar-energy components and large washing machines in a bid to help U.S. manufacturers.

91. As US Birthrates Drop, Kimberly-Clark Feels the Pinch -

DALLAS (AP) – Americans are having fewer babies, and diaper makers are feeling the pinch.

Kimberly-Clark said Tuesday it will cut as many as 5,500 jobs, or 13 percent of its workforce, in an attempt to lower costs.

92. Disney Offering Staff $1,000 Bonuses, New Education Funding -

NEW YORK (AP) – The Walt Disney Co. will give more than 125,000 eligible employees a one-time $1,000 cash bonus and invest $50 million in an education funding program.

93. Top 10 2018 Marketing Trends, Part 2 -

Editor’s Note: This is the second in a two-part series. As a small or mid-sized company CEO, time is likely not a luxury with which you’re familiar. Staying abreast of evolving marketing technology can seem impossible in light of all of your competing priorities. That’s why this year’s top 10 marketing trends for the new year are tailor-made for companies of your size – strategies which can be practically applied in 2018 on a small to mid-sized company budget.

94. Humane Society Names Davis 2018 Board President -

Ted Davis has been named 2018 president of the board of directors for the Humane Society of Memphis and Shelby County. Davis, who is a wealth adviser for Regions Bank, joined the humane society board in December 2015. His first priority was a campaign inspiring adopters to become donors, which led him to being the Paw Prints Gala committee chair in 2017.

95. Volunteer Management: Key to Nonprofit Success -

Editor’s note: Part three of a three-part series. What if you could get eight more hours out of the day? What if you could “clone” yourself five times over? These are unspoken dreams of many a nonprofit executive or college president. While they are unlikely to come true exactly as wished for, it is possible to achieve that magical result. Here’s how.

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

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

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

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

98. Jernigan Capital Launches Preferred Stock Offering -

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

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

99. Government Shutdown Stretches Into Workweek, Sows Confusion -

WASHINGTON (AP) – A government shutdown has effectively cleaved the federal workforce in half, sowing confusion and frustration among hundreds of thousands of affected workers, including some who reported to work Monday only to turn right back around.

100. Downtown Office Tower Reclaimed at Auction; Lafayette's to Expand -

100 N. Main St.

Memphis, TN 38103

Sale Amount: $1 million

Sale Date: Jan. 11, 2018

Buyer: THM Memphis Acquisitions