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Editorial Results (free)

1. Trump's SEC Pick, an Ex-Goldman Lawyer, to Face Skepticism -

WASHINGTON (AP) – Goldman Sachs may be about to get another friend in Washington.

Jay Clayton, a well-connected Wall Street lawyer who is President Donald Trump's pick to lead the Securities and Exchange Commission, is sure to face sharp questions from Democrats at his confirmation hearing Thursday over his years of work for Goldman and other financial giants.

2. FedExFamilyHouse Breaks Ground on $12M Expansion -

918 Poplar Ave.
Memphis, TN 38105

Project Cost: $12 million 

Owners: Le Bonheur Children’s Hospital and FedEx

3. FedEx Falls Short of Q3 Profit Forecasts -

Memphis-based FedEx Corp. enjoyed record shipping levels in its peak season for deliveries, but still fell short of third-quarter profit forecasts.

In its Tuesday, March 21, earnings call, FedEx reported net income of $562 million, or $2.07 per share, for the fiscal quarter that ended Feb. 28. That was an increase from $507 million, or $1.84 per share, for the same period last year.

4. Greensward Compromise Text, Discussion Differ on Cost Split -

At the end of a surprising day at City Hall, Memphis City Council member Worth Morgan was anticipating what might happen in the three weeks until the next council session to the compromise for zoo parking in Overton Park.

5. Greensward Compromise Unravels Over Who Pays What and When -

A Memphis Zoo parking plan appears to be in question after a Tuesday, March 21, city council committee session in which Memphis Zoo leaders said they will not put up half of the $500,000 to pay for planning and design work on the reconfigured and expanded zoo parking lot.

6. FedEx Corp. Falls Short of Q3 Profit Forecasts -

Memphis-based FedEx Corp. enjoyed record shipping levels in its peak season for deliveries, but still fell short of third-quarter profit forecasts.

In its Tuesday, March 21, earnings call, FedEx reported net income of $562 million, or $2.07 per share, for the fiscal quarter that ended Feb. 28. That was an increase from $507 million, or $1.84 per share, for the same period last year.

7. FedExFamilyHouse to Break Ground on $12M Expansion -

FedEx and Le Bonheur Children’s Hospital are preparing to break ground on the expansion of FedExFamilyHouse, a home-away-from-home for families of Le Bonheur patients.

The $12 million project, which was announced last year, will triple the size of FedExFamilyHouse with the addition of a four-story tower connected to the current facility.

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

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

9. Grizzlies Make Deal With Comcast Business -

The Memphis Grizzlies have signed an agreement with Comcast Business that will bring a three-gigabit fiber connection to FedExForum.

Comcast Business will furnish the infrastructure to support “a host of emerging technology applications that add to the experience of attending games and events at the arena, including complimentary Wi-Fi access,” according to the cable provider.

10. Memphis Museums and Attractions Broaden Reach With Host of Upgrades -

Elvis Presley Enterprises made a splash in recent weeks with the grand opening of the 200,000-square-foot museum, restaurant and retail complex known as Elvis Presley’s Memphis. But the Graceland operator isn’t the only local institution upgrading what it offers visitors.

11. What’s Wrong With the 4 Percent Strategy? -

Ray’s Take: When you finally reach your retirement date, one of your first questions will be: How much of my savings can I spend?

The seat-of-the-pants guideline for retirement withdrawals has been 4 percent for many years. That’s all well and good when 10-year treasuries were yielding 6 percent. Now they are under 2.5 percent so that approach and the rule are less clear. Retirement readiness is too complex to be bound by a simple rule of thumb. Further, that rule doesn’t necessarily take into account investment expenses.

12. After The Fed: What Some Top Bond-Fund Managers Are Saying -

NEW YORK (AP) – Rising rates don't have to mean despair for bond-fund investors.

Yes, the Federal Reserve raised short-term rates Wednesday, the latest move higher in what economists expect to be a long campaign. Bond investors have historically seen rising rates as the enemy because they result in falling prices for the bonds they own.

13. Trump Budget Would Cut Small Business Administration Funding -

NEW YORK (AP) – The Trump administration's budget proposal for the next fiscal year would cut Small Business Administration funding by 5 percent, eliminating some Obama administration programs aimed at creating jobs.

14. Grizzlies Make Deal With Comcast Business -

The Memphis Grizzlies have signed an agreement with Comcast Business that will bring a three-gigabit fiber connection to FedExForum.

Comcast Business will furnish the infrastructure to support “a host of emerging technology applications that add to the experience of attending games and events at the arena, including complimentary Wi-Fi access,” according to the cable provider, which also will supply internet and cloud-based communications services for the team’s front office.

15. Will Mortgage Rates Rise? What to Know About Fed Rate Hike -

WASHINGTON (AP) – Are mortgage rates headed up? How about car loans? Credit cards?

How about those nearly invisible rates on bank CDs – any chance of getting a few dollars more?

16. Text of the Fed's Statement After its Meeting Wednesday -

WASHINGTON (AP) – Below is the statement the Fed released Wednesday after its policy meeting ended:

Information received since the Federal Open Market Committee met in February indicates that the labor market has continued to strengthen and that economic activity has continued to expand at a moderate pace. Job gains remained solid and the unemployment rate was little changed in recent months.

17. Hickory Hill Home Depot Site Sells for $15 Million -

3469 Riverdale Road
Memphis, TN 38115 

Sale Amount: $15.7 million

Sale Date: March 3, 2017

Buyer: Spirit Realty Capital

18. Volkswagen CEO: US Remains 'Core Market' for Company -

FRANKFURT, Germany (AP) – The CEO of German automaker Volkswagen says the United States remains a "core market" for the company despite its diesel emissions scandal and has underlined that it hopes to expand there.

19. Cordova Bed, Bath & Beyond Property Sells for $5 Million -

A Michigan-based real estate investment trust has purchased Bed, Bath & Beyond’s Germantown Parkway site for $5 million.

Agree Realty Corp., acting as Agree 1031 LLC, bought the Cordova property from Kimco Income REIT, doing business as KIR Memphis BBB, according to a March 9 warranty deed.

20. SCS Enters Budget Talks With Some Flexibility -

At this time of year, Shelby County Schools superintendent Dorsey Hopson confesses that he’s usually not feeling quite this optimistic.

“It’s a weird situation for me because I’m usually very frustrated and depressed,” Hopson said Monday, March 13, as he unveiled a budget proposal that goes to the school board first and then the Shelby County Commission.

21. Atlanta Developer Files $200 Million Germantown Mixed-Use Plan -

Atlanta developers have filed an outline plan with Germantown leaders for a $200 million mixed-use town village development on the 32-acre “Arthur tract” west of the Saddle Creek South retail center.

22. Five Steps to Engage Volunteers -

A well-run volunteer management program can change the life of your nonprofit. Most leaders know this and yearn for a team they can depend on. At the same time, many delay engaging volunteers because “it’s a lot of work.” That’s the truth. But it’s also true that an investment in volunteers will leverage the work of your organization in ways you can’t yet imagine. 

23. Google's Self-Driving Car Company Escalates Battle With Uber -

SAN FRANCISCO (AP) – A self-driving car company founded by Google is presenting new evidence to support allegations that a former manager stole technology sold to Uber to help the ride-hailing service build its own robot-powered vehicles.

24. Cooperation, Payments to Owners Help VW Avoid Bigger Penalty -

DETROIT (AP) – By cooperating with federal investigators and quickly agreeing to compensate car owners, Volkswagen likely will avoid a massive criminal fine for cheating on diesel emissions tests and trying to cover it up.

25. Hickory Hill Home Depot Site Sells for $15 Million -

A Dallas, Texas-based real estate investment trust has purchased a large parcel of land where a Home Depot is located in Hickory Hill for $15.7 million.

Spirit Realty Capital, doing business as Spirit Master Funding X LLC, bought the property from Allied Development of Memphis, according to a March 3 warranty deed filed with the Shelby County Register of Deeds. Mehrdad Mottahedeh signed the deed on behalf of Allied Development.

26. Millington Pouring Funds Into Projects To Attract New Businesses, Residents -

Millington, the smallest city in Shelby County, has some unique advantages and is making a comeback with millions of dollars in grants to fund infrastructure projects and a collective commitment from city leaders to revive the community and attract new businesses.

27. Hickory Hill Home Depot Site Sells for $15 Million -

A Dallas, Texas-based real estate investment trust has purchased a large parcel of land where a Home Depot is located in Hickory Hill for $15.7 million.

Spirit Realty Capital, doing business as Spirit Master Funding X LLC, bought the property from Allied Development of Memphis, according to a March 3 warranty deed filed with the Shelby County Register of Deeds. Mehrdad Mottahedeh signed the deed on behalf of Allied Development.

28. New Midtown Brewery Files $1.2M Building Permit Application -

1350 Concourse Ave.
Memphis, TN 38104 

Permit Amount: $1.2 million

Application Date: March 2017

Owner: Crosstown Concourse

29. City Seeks Convention Center Hotel Planning Consultant -

The Memphis Cook Convention Center renovation is about to get a construction manager and soon to follow will be a price estimate – how much an upgrade to the 40-plus-year-old facility can the city get for its money.

30. Councilmen Draw Lines On Safety, Deannexation -

Attorneys for the city of Memphis have filed a motion to combine two federal court lawsuits over a City Hall surveillance list and have them brought before the same federal judge.

And U.S. District Judge Jon P. McCalla has granted the motion of the American Civil Liberties Union of Tennessee to intervene in the lawsuit on the plaintiff’s side.

31. Sedgwick Approved For $10.4 Million PILOT -

The Economic Development Growth Engine for Memphis and Shelby County approved Sedgwick Claims Management Services’ application for a $10.4 million tax abatement during a special session Friday, Feb. 24.

32. Crye-Leike Opens Office In Fort Walton Beach, Florida -

Crye-Leike Real Estate Services, the nation’s fourth-largest privately held residential real estate brokerage firm, has opened Crye-Leike Premier Properties in Fort Walton Beach, Florida, marking its second franchise office in the Gulf Coast region of Florida.

33. Cheffie’s Café Opening 2nd Location in Collierville -

A popular restaurant that encourages the customer to “be the chef” is opening a second location in Collierville.

Cheffie’s Café announced it will open its newest spot at 956 Winchester Road inside of Boyle Investment Co.’s Schilling Farms community, adding roughly 15 to 20 new jobs in the area.

34. Crye-Leike Opens Office In Fort Walton Beach, Florida -

Crye-Leike Real Estate Services, the nation’s fourth-largest privately held residential real estate brokerage firm, has opened Crye-Leike Premier Properties in Fort Walton Beach, Florida, marking its second franchise office in the Gulf Coast region of Florida.

35. The Press Box: Chandler Parsons a Playa, Just Not Yet a Player -

These are headlines you could not have read:

“Chandler Parsons on Four-Game Hot Streak for Grizzlies.”

“Parsons Knee Recovery a Medical Miracle!”

“Parsons’ Play Pushes Grizz to Next Level of Title Contender.”

36. $12 Million Permit Filed For Hickman Building -

240 Madison Ave.
Memphis, TN 38103

Permit Amount: $12 million

Project Cost: $16 million

Application Date: February 2016

37. Investing Costs Fall Again: Fidelity, Schwab Cut Commissions -

NEW YORK (AP) – It keeps getting cheaper to invest.

Fidelity on Tuesday became the latest company to cut its fees in an ongoing industry battle that's helped mom-and-pop investors keep more of their own dollars. Rival Charles Schwab matched the price cut in a matter of hours.

38. Senate Passes Bill Limiting Tennessee Campaign Investments -

NASHVILLE, Tenn. (AP) – The state Senate has passed a bill seeking to prevent campaign funds from being invested in private companies.

The legislation follows the release of a Tennessee Registry of Campaign Fiance audit that found that former Rep. Jeremy Durham loaned $120,000 to a company run by prominent GOP donor Andrew Miller Jr.

39. The Art and Science Of E-Commerce Sales -

The secret to inspiring visitors to purchase from your e-commerce platform is equal parts art and science.

The science is your technology – how the e-commerce platform functions. Continuous improvements in functionality on your site are necessary to meet the growing demands of consumers.

40. $12 Million Permit Filed for Hickman Building -

Montgomery Martin Contractors has filed a $12 million building permit application with the city-county Office of Construction Code Enforcement to renovate the historic Hickman Building into a mixed-use development that will include the new headquarters of Memphis-based investment firm, SouthernSun Asset Management.

41. $12M Building Permit Pulled for Hickman Building -

Montgomery Martin Contractors has filed a $12 million building permit application with the city-county Office of Construction Code Enforcement to renovate the historic Hickman Building into a mixed-use development that will include the new headquarters of Memphis-based investment firm, SouthernSun Asset Management.

42. Sedgwick Approved For $10.4 Million PILOT -

The Economic Development Growth Engine for Memphis and Shelby County approved Sedgwick Claims Management Services’ application for a $10.4 million tax abatement during a special session Friday, Feb. 24.

43. Growing Push for More Tax Breaks in Haslam Road Funding Plan -

ALGOOD, Tenn. (AP) – As Republican Gov. Bill Haslam takes his proposal to boost transportation funding on the road, there is a growing call for his plan to include bigger tax breaks for middle-class drivers who would pay more at the pump under Tennessee's first gas tax hike since 1989.

44. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert part of a historic but long-vacant Downtown building into its new headquarters.

The $16 million project seeks to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses the Memphis-based investment firm's headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

45. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert a historic but long-vacant Downtown building into its new headquarters.

The Memphis-based investment management firm plans to invest around $16 million to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses its headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

46. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert a historic but long-vacant Downtown building into its new headquarters.

The Memphis-based investment management firm plans to invest around $16 million to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses its headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

47. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert a historic but long-vacant Downtown building into its new headquarters.

The Memphis-based investment management firm plans to invest around $16 million to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses its headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

48. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert a historic but long-vacant Downtown building into its new headquarters.

The Memphis-based investment management firm plans to invest around $16 million to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses its headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

49. Wilson Honored With Clarence Day Award -

Kemmons Wilson Cos. chairman Spence Wilson has been selected as the recipient of the Clarence Day Legacy Award at Youth Villages.

Wilson led Youth Villages’ first capital campaign in 1984, and has been actively volunteering in the community since then.

50. Waddell: 2017 a Year for ‘Shifting Gears’ -

David Waddell will be in Florida this week for a meeting with the very first client of his namesake Memphis-based investment firm, Waddell & Associates. On the same trip down there a year ago, Waddell recalls being encouraged to “be bold” in his decisions and leadership of the firm.

51. Transit Portion of Sara Kyle’s Bill Adopted by Governor -

NASHVILLE – Part of a plan by Sen. Sara Kyle and Rep. John Ray Clemmons to help local governments raise funds for mass transit projects is being adopted by Gov. Bill Haslam for his IMPROVE Act.

52. Cities, Developers Reaping Rewards of Mixed-Use Shift -

Commercial real estate is shifting to mixed-use developments designed to create a sense of place for homeowners longing for the community of days gone by, and the trend is profiting many parties as commercial developers see stronger returns and cities undergo revitalization in their core.

53. Sedgwick Approved for $10.4 Million PILOT -

The Economic Development Growth Engine for Memphis and Shelby County approved Sedgwick Claims Management Services’ application for a $10.4 million tax abatement during a special session Friday, Feb. 24.

54. Mnuchin Says Goal is to Pass Tax Reform by August -

WASHINGTON (AP) – Treasury Secretary Steven Mnuchin said Thursday the administration is committed to getting major tax reform legislation through Congress by August. He predicted that President Donald Trump's economic proposals will be able to boost growth significantly to annual rates above 3 percent.

55. Binghampton Gateway Comes to Food Desert -

The groundbreaking of a shopping center doesn’t always attract a large crowd of city officials and TV cameras, but then again not every shopping center is an oasis in the middle of a food desert.

56. Binghampton Gateway Center Spells End for Inner City Food Desert -

The groundbreaking of a shopping center doesn’t always attract a large crowd of city officials and TV cameras, but then again not every shopping center is an oasis in the middle of a food desert.

57. Wilson Honored With Clarence Day Award -

Kemmons Wilson Cos. chairman Spence Wilson has been selected as the recipient of the Clarence Day Legacy Award at Youth Villages.

Wilson led Youth Villages’ first capital campaign in 1984, and has been actively volunteering in the community since then.

58. Mid-South Mayors’ Council Announces Lineup for RegionSmart Summit -

The Mid-South Mayors’ Council, an initiative of Urban Land Institute Memphis, has release the lineup for its second annual RegionSmart summit, which will be held at the Halloran Centre for Performing Arts & Education on Thursday, April 27.

59. Mid-South Mayors’ Council Announces Lineup for RegionSmart Summit -

The Mid-South Mayors’ Council, an initiative of Urban Land Institute Memphis, has release the lineup for its second annual RegionSmart summit, which will be held at the Halloran Centre for Performing Arts & Education on Thursday, April 27.

60. Yahoo Salvages Verizon Deal With $350 Million Discount -

SAN FRANCISCO (AP) – Yahoo is taking a $350 million hit on its previously announced $4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts.

61. Scripps Networks Misses Q4 Profit Forecasts -

KNOXVILLE, Tenn. (AP) – Scripps Networks Interactive Inc. on Tuesday reported fourth-quarter net income of $52.1 million.

62. Education Realty Trust Reports Q4 Results -

MEMPHIS, Tenn. (AP) – Education Realty Trust Inc. on Tuesday reported a key measure of profitability in its fourth quarter. The results surpassed Wall Street expectations.

63. Attorney Harkavy Named To Wyatt’s Executive Committee -

Lee A. Harkavy is one of two attorneys from the Memphis office of Wyatt, Tarrant & Combs LLP to be named to the regional law firm’s executive committee. Harkavy is a commercial transactional attorney focused primarily on representing businesses in their external growth endeavors or exit strategies. In that capacity, he advises clients on mergers, acquisitions and dispositions, and capital-raising transactions.

64. Sedgwick Announces $34M Expansion, Will Create 150 New Jobs -

Sedgwick Claims Management has announced plans to expand its corporate headquarters in Memphis, which will result in the creation of 150 local jobs.

The expansion will consolidate Sedgwick’s headquarters into a single campus in Shelby County and locate research and development functions to that site, according to Ted Townsend, chief operating officer for the Tennessee Department of Economic and Community Development.

65. City Council to Take First Vote on Impasse Changes -

Memphis City Council members take their first vote Tuesday, Feb. 21, on changes to the city’s impasse ordinance.

The ordinance is a set of rules governing how the council settles deadlocked contract talks between the city administration and municipal labor unions without the council venturing into negotiations between the two sides.

66. Kraft Still Hungry For Unilever After Rejected Offer -

NEW YORK (AP) – Kraft Heinz is attempting to buy Unilever in a $143 billion deal that would join the U.S. maker of cheeses and lunch meats with the European producer of mayo, teas and seasonings in a global powerhouse.

67. Haslam Names Rolfe as Commissioner of Economic Development -

NASHVILLE, Tenn. (AP) – Republican Gov. Bill Haslam has named Nashville businessman Bob Rolfe as the new commissioner of the Tennessee Department of Economic and Community Development.

68. Last Word: Wessman Trouble, Selling 495 Union and An Underground Film Icon -

When Wessman Development came to town last year with the idea of a boutique hotel, the Palm Springs, California company was part of the flood of smaller hotel projects Memphis was seeing and is still seeing. Then the company added another hotel and just this month the redevelopment of a building on Madison west of Second Street as apartments with retail on the ground floor. In a very short period of time, Wessman has had a lot of plans for Memphis.

69. Networking Helping Propel Women-Owned Businesses To New Heights -

When Memphis middle schoolers and sisters Madison Star and Mallory Iyana went on “Shark Tank” and secured $60,000 and partnerships with both Mark Cuban and Daymond John, they took their place among the ranks of female entrepreneurs who, in large numbers these days, are showing the business world that they are a force to be reckoned with.

70. Editorial: The Water Beneath Our Feet -

Maybe we haven’t taken our water supply for granted. Let’s start with that optimistic premise. But we certainly haven’t taken the steps necessary given technological advances in recent decades to find out more about it, including where it is vulnerable to contaminated groundwater.

71. Having It Their Way -

She was working for a major petroleum company and had just been transferred to Cody, Wyoming. She was relatively new to the industry and certainly to the boots-on-the-ground oil field where on Day One she got out of her SUV wearing a long skirt and flats.

72. NuVasive Receives 11-Year PILOT, Will Invest $116 Million -

Medical device company NuVasive Inc. has been approved for an 11-year tax incentive that will allow them to invest $116 million into their southeast Memphis facility and create 15 net new jobs.

73. Luxury Apartments Begin $17 Million Expansion -

3333 Hacks Cross Road, Memphis, TN 38125: Fieldstone Apartment Homes, a gated community in southeast Memphis, is in the process of another massive expansion.

Permit Amount: $9.7 million (combined)

74. Archived Article -

3333 Hacks Cross Road

Memphis, TN 38125

Permit Amount: $9.7 million (combined)

Project Cost: $17 million

75. Critical Focus Plan Gets Good Initial Reviews -

The 19 low-performing, low-enrollment schools in Shelby County Schools’ “critical focus” group would share in 20 new behavioral specialists SCS plans to put in its budget proposal.

76. Memphis Baseball Academy Bets on HitTrax Technology -

It wasn’t that long ago that Ryan Huber, 26, was still a small-college baseball player and stepping in the batter’s box for one-on-one showdowns with pitchers.

77. Company Announces Pause for Drug After Price Criticism -

WASHINGTON (AP) – Marathon Pharmaceuticals announced Monday that it will temporarily halt the rollout of a drug to treat genetic muscle deterioration just hours after two members of Congress expressed outrage that the company planned to charge $89,000 a year for a drug that's widely available abroad for about $1,000 a year.

78. Jones To Retire From Memphis College of Art -

Ron Jones, the president of the Memphis College of Art since May 2011, is retiring effective the end of February, the MCA board announced Friday, Feb. 10.

79. MAAR Commercial Council Hosting Forecast Summit -

The Memphis Area Association of Realtors’ Commercial Council will host its 15th annual Commercial Property Forecast Summit on Thursday, Feb. 16, at the Halloran Centre for the Performing Arts & Education, 225 S. Main St.

80. Midtown High-Rise Sells For $2.3 Million -

A Central Gardens high-rise apartment switched hands for a cool $2.3 million, according to commercial real estate investment sales, financing, research and advisory company Marcus & Millichap, which brokered the deal.

81. State Of The Suburbs -

With its central location, unparalleled access to major roads, rails, runways and rivers and low cost-of-living, it’s no surprise that Memphis and the surrounding area is a popular destination for corporate headquarters, national retail brands and major industrial centers.

82. Coca-Cola Seeks Formula for Future Growth -

ATLANTA (AP) – Coca-Cola's profit fell 55 percent in the most recent quarter as it restructures with hopes of driving future growth.

Yet the company said it expects its earnings to fall this year, and shares of Coca-Cola dropped more than 2 percent Thursday.

83. MAAR’s Commercial Council Hosts Property Forecast Summit -

The Memphis Area Association of Realtors’ Commercial Council will host its 15th annual Commercial Property Forecast Summit on Thursday, Feb. 16, at the Halloran Centre for the Performing Arts & Education, 225 S. Main St.

84. Midtown High-Rise Sells For $2.3 Million -

A Central Gardens high-rise apartment switched hands for a cool $2.3 million, according to Marcus & Millichap, the commercial real estate investment sales, financing, research and advisory company that brokered the deal.

85. Exercise Care When Taking Distributions -

Ray’s Take With few exceptions, the IRS requires that investors in traditional tax-deferred accounts begin to draw them down when they reach age 70 1/2. Most people are inclined to think about required minimum distributions (RMDs) once they start having to take them. It’s a good idea to start some projections well in advance of that deadline. If you miss the deadline, the IRS will access a penalty of 50 percent of the amount you should have taken. 

86. Palazzolo Urges Slower Phase-Out of Hall Tax, More Revenue for Local Governments -

Germantown Mayor Mike Palazzolo wants Tennessee Gov. Bill Haslam to take his foot off the gas pedal when it comes to phasing out the Hall tax on dividend and investment income. And in a Wednesday, Feb. 8, letter to Haslam, Palazzolo makes a case for local governments getting a greater share of Hall tax revenues as the income tax is phased out.

87. Palazzolo Urges Governor to Keep Hall Tax Phase-Out at 5 Years -

Germantown Mayor Mike Palazzolo wants Tennessee Gov. Bill Haslam to take his foot off the gas pedal when it comes to phasing out the Hall state tax on dividend and investment income. And in a letter Wednesday, Feb. 8, to Haslam, Palazzolo makes a case for local governments getting a greater share of Hall tax revenues as the income tax is phased out.

88. View From the Hill: Legislators Feel Free to Work Against Haslam -

Democrats appear delighted about division within Republican ranks concerning Gov. Bill Haslam’s proposed fuel-tax increase, detecting a possible chink in the armor.

“How many times does the supermajority have to stab the governor in the back and undermine his core proposals before the people of the state of Tennessee wonder whether they need a different group up here?” asks Mike Stewart, House Minority Caucus chairman.

89. DMC Explores Long-Term Planning for Beale -

The leader of the Downtown Memphis Commission wants to start working toward a long-term approach to day-to-day management of the Beale Street entertainment district.

That’s what DMC president Terence Patterson told Memphis City Council members Tuesday, Feb. 7, at the council’s second discussion in three weeks about Beale Street.

90. Rewrite of City Impasse Ordinance Draws Fire from Unions -

The unions representing city of Memphis employees gave a rough reception Tuesday, Feb. 7, to a proposal to revamp the city’s impasse proceedings for stalled contract talks between the unions and the city administration.

91. Haslam Questions Call to Label Non-Permanent Residents' IDs -

NASHVILLE, Tenn. (AP) – Republican Gov. Bill Haslam is raising concerns about a bill seeking to label IDs issued to people without permanent residency status with the words "alien" or "non-U.S. citizen."

92. Analysis: Some Super Bowl Ads Score, Others Fumble -

There is no greater scrutiny that a brand faces for its marketing prowess than during the biggest U.S. sporting event of the year. Courageous brands bet big that their ad would win hearts and minds among consumers, but alas, only 40 percent of Super Bowl ads earned favorable ratings from our team of advertising professionals.

93. Trump Moves to Scale Back Financial Regulations -

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

94. General Motors Invests $47M Into Tennessee, Michigan Plants -

SPRING HILL, Tenn. (AP) – General Motors is investing $47 million into two plants in Tennessee and Michigan.

In Tennessee, the automaker says it will spend $27 million to prepare its Spring Hill plant to assemble a right-hand drive SUV that will be exported to Australia as the Holden Acadia.

95. Opponents of Gas-Tax Hike Push Alternative Plans -

NASHVILLE – Amid legislative strife over Gov. Bill Haslam’s proposal to raise gas taxes and reduce business taxes, Rep. Barbara Cooper says she is inviting the governor to “sell” his plan to her Memphis constituents.

96. Events -

The second We Mean Business Symposium, hosted by the City of Memphis Office of Business Diversity and Compliance, will be held Wednesday, Feb. 8, from 8 a.m. to 3:30 p.m. at the Tower Center at Clark Tower, 5100 Poplar Ave., 33rd floor. The primary focus is to share upcoming city bid opportunities for small and minority-owned businesses. Companies also will learn about the certification and registration process and how to leverage the city’s diversity programs. The first J.E. Walker Breaking Barriers Awards Luncheon will follow. Cost is free; RSVP required. Register at eventbrite.com.

97. Opponents of Gas-Tax Hike Push Alternative Plans -

NASHVILLE – Amid legislative strife over Gov. Bill Haslam’s proposal to raise gas taxes and reduce business taxes, Rep. Barbara Cooper says she is inviting the governor to “sell” his plan to her Memphis constituents.

98. Opponents of Proposed Gas-Tax Hike Push Alternatives -

NASHVILLE – Amid legislative strife over Gov. Bill Haslam’s proposal to raise gas taxes and reduce business taxes, Rep. Barbara Cooper says she is inviting the governor to “sell” his plan to her Memphis constituents.

99. Cost-Containment Strategies for Employers -

After wages, health care is the No. 1 cost for most employers. So, it’s no surprise that health insurance and health care costs have been making headlines for nearly 25 years. Hillarycare was introduced in 1993 and the topic has not moved out of the spotlight since. Current health care spending is over $3.2 trillion per year, which is equal to around 18 percent of our GDP.

100. Last Word: Travel Ban Protest, Other Trump React and Sierra Club Goes To Court -

Grizz over the Nuggets in Denver Wednesday 119-99. The Tigers play USF in Tampa Thursday.

Another big crowd for a Memphis march, the second in less than two weeks including the Memphis Women’s March. The Wednesday march, focused on President Donald Trump’s immigration travel ban order, was smaller than that, but still sizeable and diverse.