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Editorial Results (free)

1. Key Biologics, BCA Partner To Advance Cell Therapy -

Memphis-based Key Biologics LLC and the nation’s largest blood supply network have announced an agreement to formalize their existing business relationship and work collectively to broaden support for cell therapy and regenerative medicine.

2. A New Benchmark -

Shelby Farms Park is gearing up for the second annual Mempho Music Festival and another chance to showcase the country’s largest urban park to a diverse and wide-reaching audience.
Memphis’ newest music festival is expecting a crowd of 20,000 on Oct. 6 and 7, which is impressive for a park two years out from a $70 million renovation embarked upon in 2010 with a distant vision for such an event.
The master plan for the park was designed not only for people to recreate and relax, but as a place to build community, and a music festival can be a big part of that, said Jen Andrews, executive director of Shelby Farms Park. Andrews has always had a larger vision for the park as a place where the community could come together and take ownership and pride in the best that Memphis has to offer.
Enter another visionary, native Memphian Diego Winegardner, founder of Mempho Fest and CEO of Big River Presents, which is putting on the festival. Winegardner grew up in Memphis and now lives outside of New York City where his day job is in finance and investment management. A couple of years ago on a trip home to Memphis he met some old friends for a bike ride at Shelby Farms Park.
“I was completely blown away,” Winegardner said. “The sun was setting on Hyde Lake, and I had this lightning-bolt moment of how special it would be to bring a world-class music festival to this site.
I thought about Memphis’ place in the annals of American music as the birthplace of blues, soul and R&B and the hip hop scene that we have here.
“If you think about the labels … Sun, Stax, Royal…I was exposed to all of that growing up, and seeing B.B. King on Beale Street was just normal,” he said. “I didn’t appreciate it until I was gone. I started to get really nostalgic about my hometown.”
Winegardner is a music enthusiast who has been to most of the notable music festivals in the U.S. and many around the world. He had the resources and connections to realize his dream. Last year, the first Mempho Fest kicked off with great success with 10,000 in attendance for two days of concerts featuring a variety of bands from different music genres.
“I’ve always been a big fan of (Memphis) and its people and a big defender of the city and its history,” Winegardner said. “This music festival was born out of my passion for music and my passion for the city of Memphis.”
When Winegardner first met with Andrews two years ago to pitch his idea, she caught his vision right away.
He approached it cautiously and wanted to understand how to protect the park and still give people a good experience, she said. “We like working with Diego,” she said. “They care about the park, and like us, have a big, bold vision, and they hired a professional team who knew how to put on a safe and fun event.”
This year’s festival will feature two days of multi-genre music headlined by Grammy Award-winning artist and hip-hop superstar Post Malone as well as Beck, Phoenix, NAS and Janelle Monae. Local talent like Lucero and alternative Mac deMarco also will perform, and there will be a special tribute to Willie Mitchell’s Royal Studios featuring the label’s past and present stars.
Sunday will feature performances by crowd favorites like George Clinton and Parliament Funkadelic and Stones Throw, Chuck Laevell’s Rolling Stones’ backer band.
The festival will not only expand in attendance, but will add a larger culinary and craft beer presence in addition to on-site camping and VIP and super-VIP experiences.
“We’re trying to create more than just music on a stage,” said Winegardner, who also created a nonprofit arm called Mempho Matters that will partner with organizations that line-up with the vision of the festival, such as Oceanic Global Foundation, #BringYourSoul, Learn to Rock and the Memphis Area Women’s Council’s “Memphis Says NO MORE” campaign.
As part of Mempho’s partnership with the Oceanic Global Foundation, the festival has a 100 percent waste-free goal, which will start with its no straw policy.
“A best practice environmental policy is important to help make sure the park is as pristine when we leave as when we showed up,” said Winegardner.
The partnership promoting the Memphis Area Women’s Council’s “NO MORE” campaign is to make sure that Mempho Fest’s female attendees feel safe. Winegardner, who has a teenage daughter, knows stories about the lack of safety for females at other events, prompting him to take up the cause.
“In this day and age, you really have to take a stand and make it an institutional part of our way of doing things,” he said.
Money raised through Mempho Matters will also benefit the Memphis community through contributions to musical education in the form of free tickets for students and teachers to attend the festival as well as instruments and money for music education in local schools.
Last year, Mempho Matters gave away 2,000 tickets to students and teachers.
“We want to build bridges into the community and be as inclusive as possible,” Winegardner said. “We want to educate the children and the youth of tomorrow about the history of Memphis musically and create a sense of pride for its citizens while also attracting new people and adding another chapter to Memphis’ long, rich history.”
Andrews is optimistic about the growth of Mempho Fest this year, projecting double the attendance in its second year as well as adding 400 weekend camping permits. Those include primitive camping, RV hookups and glamping.
“The camping option is an important part of festival culture, and one of the great benefits of the park is its tremendous scale, which can accommodate that,” Andrews said.
But the plan is to grow Mempho Fest slowly, she said.
“We learned a lot the first year, and we’re applying the learning to this year’s festival,” she said. “We have a strong plan for safely managing the crowd. We want this to be a world-class festival.”
Big River Productions and Winegardner have an undisclosed agreement with Shelby Farms Park, and both entities hope to continue the relationship.
“I’m hoping that Mempho Fest will become a long-term asset for the city of Memphis,” Winegardner said.
Music remains a big driver of visitors to Memphis — 56 percent of leisure visitors come to the city for something related to music, said Kevin Kane, president and CEO of Memphis Tourism, formerly called the Memphis Convention & Visitors Bureau. “We’re supporters of (Mempho Fest),” he said. “We believe in it and want to see it grow. Music festivals have a big impact on the economy. The more events we have based in music the better, and we think it’s great to utilize Shelby Farms in this way.”

3. Haslam: Memphis Has Not Been Ignored During His Administration -

On the heels of gubernatorial candidates courting Memphis and calling for increased state involvement, Gov. Bill Haslam is defending his record, saying the Bluff City hasn’t been overlooked on his watch.

4. Haslam: Memphis Has Not Been Ignored During His Administration -

State

Haslam: Memphis Has Not Been Ignored During His Administration

Special to The Daily News

On the heels of gubernatorial candidates courting Memphis and calling for increased state involvement, Gov. Bill Haslam is defending his record, saying the Bluff City hasn’t been overlooked on his watch.

5. Construction on Concourse B At Memphis International Underway -

Memphis International Airport officials launched a $245 million modernization of Concourse B Wednesday, Sept. 12, by shoveling ceremonial dirt in a soon-to-be-demolished section between gates B1 and B2.

6. FedEx Ramps Up Ground Operations with Plans for More Employees, Longer Workweek -

E-commerce growth is driving FedEx’s plans to add 55,000 employees this holiday season, increase workers’ hours and permanently run its U.S. ground parcel operation six days a week.

The Memphis-based company announced the moves Wednesday, Sept. 12, as it ramps up for what’s expected to be another record package volume during the peak season from Thanksgiving to Christmas.

7. Some Tennessee Lawmakers Living the Life -

Early in his U.S. Senate campaign, former governor Phil Bredesen shied away from talking about his opponent, Republican U.S. Rep. Marsha Blackburn, preferring to focus instead on ideas.

8. City Panel Debates Whether to Tweak or Toss EDGE -

A seven-member city group looking at the effectiveness of EDGE – the city-county Economic Development Growth Engine – has a decision to make.

Do they recommend tweaking the body that grants tax abatement incentives or do they take the city out of the EDGE and create a city Industrial Development Board?

9. Key Biologics, Blood Centers of America Partner to Advance Cell Medicines -

Memphis-based Key Biologics LLC and the nation’s largest blood supply network have announced an agreement to formalize their existing business relationship and work collectively to broaden support for cell therapy and regenerative medicine.

10. U of M Explores Medical School at Lambuth Campus -

The University of Memphis is exploring the feasibility of adding a doctor of osteopathic medicine school to its Lambuth campus in Jackson. Students who earn a doctor of osteopathic medicine degree are fully licensed physicians who focus on primary care and wellness.

11. U of M Explores Medical School at Lambuth Campus -

The University of Memphis is exploring the feasibility of adding a doctor of osteopathic medicine school to its Lambuth campus. Students who earn a doctor of osteopathic medicine degree are fully licensed physicians who focus on primary care and wellness.

12. Developers Seek PILOT for South Downtown Project -

As drivers come across the old bridge and pedestrians and cyclists come across Big River Crossing, they soon could see an adaptive reuse of an old warehouse.

Mike Kennedy of Parachute Investment Co. has teamed up with development consultant Amelia Carkuff and York Construction to flip a three-story warehouse into 24 apartment units and 1,000 square feet of commercial space on the ground floor.

13. Karl Dean Pledges Commitment to Completing Megasite -

Pointing at the need to bolster distressed West Tennessee counties, Democratic gubernatorial candidate Karl Dean is pledging to complete the Memphis Regional Megasite and appoint an adviser to oversee the project.

14. Chicago Mayor Rahm Emanuel Won't Seek 3rd term -

CHICAGO (AP) — In a surprise announcement, Chicago Mayor Rahm Emanuel said Tuesday that he would abandon his effort to seek a third term next year and gave no reason for his sudden change of heart.

15. From Penny Press To Snapchat: Parents Fret Through The Ages -

NEW YORK (AP) — When Stephen Dennis was raising his two sons in the 1980s, he never heard the phrase "screen time," nor did he worry much about the hours his kids spent with technology. When he bought an Apple II Plus computer, he considered it an investment in their future and encouraged them to use it as much as possible.

16. Memphis Millennials in Search of American Dream Amid Competitive Market -

Crystal Carpenter and her husband, Curtis, have been trying to buy a house since July of last year. The millennials currently are living with Curtis’ father and have been searching for a two-bedroom, two-bathroom home in several Memphis neighborhoods. After seven unsuccessful bids, three of which were above asking price, they now are considering renting a condo or apartment as a short-term solution while they continue their search.

17. Caffeine Hit for Coca-Cola as it Buys Costa Coffee Chain -

LONDON (AP) — Coca-Cola is hoping for a caffeine-fueled boost with the acquisition of British coffee chain Costa.

The soda giant said Friday it is spending $5.1 billion in cash for Britain's biggest coffee company. Costa has more than 2,400 coffee shops in the U.K. and 1,400 others in more than 30 countries, including around 460 in China, its second-biggest market.

18. Funding Home Improvement Projects -

Ray’s Take: If you talk to any homeowner, he or she can probably spout a list of 10 things that need to be repaired or improved on their home – whether the home is brand new or 50 years old, it usually makes no difference. Whether it be a new deck or a new roof, at some point in your life, you will want to start a special home improvement project.

19. Even with Jeremiah Martin’s Surgery, Tiger Hoops Fans Can Be Hopeful -

The rumor turned out to be a reality. Sure enough, the best player from last season’s University of Memphis basketball team had surgery last Monday.

To be exact, Jeremiah Martin – the guard who averaged 18.9 points, 4.3 rebounds, 3.8 assists and 2.3 steals – had an inguinal hernia repaired. So confirmed a UofM press release

20. Southwest Partners with TCAT on Advanced Automotive Training -

Southwest Tennessee Community College has partnered with Tennessee College of Applied Technology at Memphis to make advanced training in automotive technology more accessible.

“This partnership represents a shift in our approach to workforce development and education in the Mid-South,” Southwest president Tracy Hall said in a press release. “We are not competitors, but partners in the quest to empower residents with credentials that lead to a better job, career and quality of life.”

21. How Memphis Can Learn from Detroit: Creating an Inclusive Comeback Story -

The City of Detroit intends to create the most inclusive comeback story America has ever told.

Detroit is the largest African-American majority city in the country with a population over 400,000. Memphis is the second largest.

22. Chamber Seeks Site Improvement Grants for 9 Sites Including Firestone -

The Greater Memphis Chamber has applied for state improvement grants for nine economic development sites in Memphis as the first step in a “Sites and Buildings Plan.”

The list of Memphis sites includes the Firestone Tire & Rubber Co. plant site in North Memphis, which is one of eight applying via the chamber to be part of the Tennessee Site Evaluation Program.

23. S&P 500, Nasdaq and Russell 2000 Close at Record Highs -

Wall Street ended a week of milestones with a few more Friday.

The benchmark S&P 500 index closed at an all-time high, just two days after the current bull market in U.S. stocks became the longest in history. The Nasdaq composite and the Russell 2000 indexes also ended the day at all-time highs.

24. Stocks Mixed Even as S&P 500 Index Marks Longest Bull Run -

The major U.S. stock indexes were mostly higher in afternoon trading Wednesday, on track for the market's bull run to become the longest in history. Gains in technology stocks, retailers and energy companies outweigh losses in industrial firms and elsewhere in the market.

25. Fed Minutes Suggest Further Rate Hikes Coming 'Soon' -

WASHINGTON (AP) — Federal Reserve officials earlier this month said that a strong economy meant that it would "likely soon be appropriate" to boost their benchmark interest rate for a third time this year.

26. 5 Tips to Drive ROI with Influencer Marketing -

Old-school word-of-mouth marketing has a new face in today’s world. It’s called influencer marketing, and it has some serious horsepower behind it. Engage the right influencers to talk about your brand through their social channels, and your message has the potential to reach brand new audiences, generally with a higher level of credibility behind the message than sheer self-promotion.

27. Bredesen Seeks Rural Broadband Access Through TVA -

Former Tennessee Gov. Phil Bredesen is calling for congressional action enabling the Tennessee Valley Authority to deliver broadband internet access to rural parts of the state, a plan his opponent, U.S. Rep. Marsha Blackburn, says would be “anti-competitive.”

28. S&P 500 Touches All-Time High as Earnings Drive Stock Gains -

U.S. stocks moved higher Tuesday afternoon, placing the S&P 500 on track for an all-time high. The benchmark index of large U.S. companies briefly traded just above its last closing high set seven months ago. The latest gains came as investors welcomed solid results from homebuilders, retailers and other companies. Technology stocks and banks also rose.

29. El Salvador, Taiwan Break Ties as China Isolates Island Foe -

TAIPEI, Taiwan (AP) — Taiwan broke off diplomatic ties with El Salvador on Tuesday as the Central American country defected to rival Beijing in the latest blow to the self-ruled island China has been trying to isolate on the global stage.

30. Stocks Jump as Hopes Rise For Progress on China Trade Talks -

NEW YORK (AP) — U.S. stocks are higher Friday as investors hope for more progress in trade talks between the U.S. and China. The Wall Street Journal reported that the countries hope to resolve their dispute by November.

31. Fogelman Completes $67 Million in Acquisitions -

In a joint venture partnership with Dallas-based Thackeray Partners, Memphis-based Fogelman Properties completed $67 million in acquisitions this month with the purchase of Legends at Charleston Park (in Charleston, South Carolina) and Westridge (in Jacksonville, Florida).

32. Compass Schools Conversion Pared From 9 Jubilee Schools to 6 -

The Shelby County Schools Board will consider adding nine new charter schools to the system in 2019-2020, including six Catholic Jubilee schools slated to become Compass Community Schools.

Compass originally planned to take over nine of the Jubilee schools in the Memphis Catholic Diocese system, but has pared that back to six. The SCS board meets in special session Wednesday, Aug. 22, so it can hit a state deadline on what is a second round of charter applications.

33. New Life -

By this time next year, the formerly blighted Frayser Plaza will become Harmony Plaza, with Memphis STEM Academy as its anchor tenant and 100 percent occupancy. It’s part of a new trend of transforming out-of-date retail shopping centers into mixed-use, walkable concepts.

34. When You Max Out Your 401(k) -

Ray’s Take: According to Bloomberg, only 41 percent of workers are saving in a 401(k) at the 79 percent of American companies that offer a plan to their employees. So if you are one of the 41 percent of Americans contributing to a 401(k), good work. And if you are contributing the maximum amount, which was $18,500 for 2018, you’re even better off, and certainly making progress towards a better retirement.

35. U.S. Newspapers to Trump: We're Not Enemies of the People -

NEW YORK (AP) — Newspapers from Maine to Hawaii pushed back against President Donald Trump's attacks on "fake news" Thursday with a coordinated series of editorials speaking up for a free and vigorous press.

36. Why Local One Commerce Square Owners Are Selling to Out-of-State Investors -

After successfully renovating the 29-story iBank Tower in Downtown Memphis, the work is done for a group of prominent Memphis investors as they prepare to sell the office building to a new owner with deeper pockets.

37. Fogelman Completes $67M in Acquisitions -

In a joint venture partnership with Dallas-based Thackeray Partners, Memphis-based Fogelman Properties completed $67 million in acquisitions this month with the purchase of Legends at Charleston Park (in Charleston, South Carolina) and Westridge (in Jacksonville, Florida).

38. Fundraising and Awareness -

Should a nonprofit invest in marketing, communications and public relations activities? Should desperately needed funds be “diverted” to non-mission-critical tasks? What about the allocation of time: should board members and an organization’s paid leaders schedule time to focus on building awareness for the organization? Our answer is yes. Here’s what we have learned through our work with nonprofits.

39. Aitken: Look Beyond Price Of New Collierville High School -

The day after the ribbon cutting, the toughest critics of the new Collierville High School got to look around – the high school’s seniors begin classes Monday, Aug. 13.

And the tour got rave reviews.

40. Service Flexibility -

More medical professionals and students across the U.S. and Canada will have the chance to learn the latest technologies, devices and surgical procedures thanks to a new mobile bioskills lab that hit the streets in recent weeks. The lab is the first owned by the Medical Education and Research Institute (MERI), which has managed similar mobile labs through medical device companies like Medtronic for the past 20 years.

41. Making a Splash -

Jen Andrews’ office is in the northwest corner of the visitor center at Shelby Farms Park. The office’s huge windows give her an expansive view of the park. But it’s also two-way glass. On the outside of that glass, at a certain height, are smudges where children have pressed their foreheads and dogs have jumped up with their paws.

42. Concern in Arkansas Town Highlights Trade Fears Across U.S. -

ARKADELPHIA, Ark. (AP) — A Chinese company's announcement two years ago that it would spend more than $1 billion and hire hundreds of workers for a paper mill on the outskirts of this rural college town was seen as a much-needed shot in the arm for the region's economy.

43. 3 Ways to Create a Tiny Masterpiece -

Video ad spend will grow 49 percent—to roughly $18 billion—in 2018, reports Vox Media. It seems everyone is on the video bandwagon. Reams of video ads jam the internet like five o’clock traffic on the expressway. Billions vie for brand leadership and the coveted click conversion, but only the best and the brightest make it to the top.

44. American Way Middle Makes Debut as an I-Zone School -

It may have been inevitable that American Way Middle School would be on the schedule of Shelby County Schools superintendent Dorsey Hopson to visit on the first day of the school year.

Earlier this year, state education officials wanted the grade 6-8 Parkway Village school turned over to the state-run Achievement School District or SCS to approve a charter to turn around the low-performing school.

45. Rick Gates Says He and Paul Manafort Disguised Foreign Income as Loans -

ALEXANDRIA, Va. (AP) — Paul Manafort's longtime deputy told jurors Tuesday how he spent years disguising millions of dollars in foreign income as loans to lower the former Trump campaign chairman's tax bill.

46. ABB Expanding Facility, Adding Jobs in Athens -

ABB, a global industrial technology company that acquired Memphis-based Thomas & Betts Corp. in 2012, will expand its operations in Athens, creating up to 70 new jobs in McMinn County, the Tennessee Department of Economic and Community Development announced Monday, Aug. 6.

47. US Unemployment Rate Falls to 3.9 Percent as Hiring Slows -

WASHINGTON (AP) — Employers pulled back on hiring in July, but the job gains were still enough to lower the U.S. unemployment rate a tick to 3.9 percent from 4 percent.

Employers added 157,000 jobs last month, a modest gain, the Labor Department said Friday. That's below the 215,000 average for the first seven months this year, but economists said the decline will likely prove temporary.

48. US Stocks Mostly Higher After Solid Jobs Report for July -

NEW YORK (AP) — U.S. stocks are mostly higher Friday after the Labor Department said hiring remained solid in July. Larger companies climbed while smaller, U.S.-focused companies lagged the rest of the market. There was little immediate reaction to China's threat to put tariffs on $60 billion in American goods. Bond prices edged higher, sending yields lower. Food companies and other big-dividend stocks climbed.

49. Amazon Proposes Tent Warehouse on McLemore -

Amazon is proposing an unusual development in South Memphis: A “permanent tent’’ to serve as a warehouse.

The world’s largest online retailer wants to build a triangular, 16,575-square-foot warehouse of taut fabric supported by steel-tube trusses and cables, according to construction documents filed with Shelby County Construction Code Enforcement Office.

50. Commercial Appeal, Amazon Eying New Locations -

262 Danny Thomas Place
Memphis, TN 38105

Permit Amount: $412 million

Project Cost: $330 million

51. Long, Winding Road -

Considered by many to be the main artery of Memphis’ robust logistical and distribution network, the Lamar Avenue Corridor has long been clogged by its own narrow lanes and outdated capacity. 

52. McKinney Assumes New Role Joining Greater Memphis Chamber -

David McKinney later this month starts his new job as senior vice president for public policy at the Greater Memphis Chamber.

The 36-year-old attorney succeeds Kelly Rayne, who left earlier this summer to become senior counsel for St. Jude ALSAC.

53. Amazon Proposes Tent Design For West McLemore Location -

Amazon is proposing an unusual development in South Memphis: A “permanent tent’’ to serve as a warehouse.

The world’s largest online retailer wants to build a triangular, 16,575-square-foot warehouse of taut fabric supported by steel-tube trusses and cables, according to construction documents filed with Shelby County Construction Code Enforcement Office.

54. Amazon Proposes a Tent Design for New West McLemore Location -

Amazon proposes an unusual development in South Memphis: A tent to serve as a warehouse for two years.

The world’s largest online retailer wants to build a triangular, 16,575-square-foot warehouse of taut fabric supported by steel-tube trusses and cables, according to construction documents filed with Shelby County Construction Code Enforcement Office.

55. Raleigh Shopping Center Purchased for $1.5 Million -

A commercial real estate firm with offices in U.S. and Canada recently purchased a 41,855-square-foot retail property in Raleigh for $1.5 million, according to Joseph W. McKibben, regional manager of the firm’s Memphis office.

56. Hale Named Principal Owner At Pickering Firm -

After 17 years with Pickering Firm Inc., James Hale has been tapped as one of the architecture and engineering firm’s principal owners. As director of finance and administration, Hale is responsible for overseeing all financial operations of the firm and the day-to-day fiscal management of the company. Hale, who is based in Pickering’s Memphis office, also oversees all accounting and administrative staff, including human resources and IT.

57. Trump administration considering tax break on capital gains -

WASHINGTON (AP) — The Trump administration is studying the idea of implementing a big tax break for wealthy Americans by reducing the taxes levied on capital gains, but no decision has been made yet on whether to proceed.

58. Chamber Taps New Economic Development SVP -

With a new focus on proactive rather than reactive recruitment, the Greater Memphis Chamber has hired Eric Miller as its new senior vice president of economic development. 

With nearly two decades of local and regional economic development experience, Miller was chosen after an extensive national search conducted by the chamber. 

59. Improved Facility Slated for Whitehaven Cheer Nonprofit -

A nonprofit that teaches gymnastics, dance and cheerleading to kids in the Whitehaven, Levi and Mitchell communities is seeking a forgivable loan to fix up its practice facility.

Regina Tappan, director of the Memphis Area Youth Association (MAYA), has applied for a three-year, $20,000 Inner City Economic Development (ICED) loan from the Economic Development Growth Engine (EDGE) of Memphis and Shelby County.

60. In His Final Months as Tennessee Governor, Haslam Reflects on His Education Legacy -

While Gov. Bill Haslam entered office as an education-minded leader intent on reforms, much of his administration’s K–12 public school work has focused on holding the line on sweeping policies launched under his predecessor.

61. US Economy Grew at a Brisk 4.1 Percent Rate Last Quarter -

WASHINGTON (AP) — The U.S. economy accelerated last quarter at an annual rate of 4.1 percent, the government estimated Friday, as consumers spent tax-cut money, businesses stepped up investment and exporters rushed to ship their goods ahead of retaliatory tariffs.

62. Bad Week in Social Media Gets Worse; Twitter Hammered -

NEW YORK (AP) — Cracking down on hate, abuse and online trolls is also hurting Twitter's standing with investors.

The company's stock plunged Friday morning after it reported a decline in its monthly users and warned that the number could fall further in the coming months. The more than 17 percent drop in share value at the opening bell comes one day after Facebook lost 19 percent of its value — its worst trading day since Facebook went public in 2012.

63. TIF Designation Could Bring Poplar Improvements -

With several office, hotel and mixed-use projects planned along the Poplar Corridor, a group of property owners want a public financing subsidy to help pay for infrastructure improvements.

The Poplar Corridor Business District Association of Owners, a nonprofit formed by several Poplar Avenue property owners for the purpose of “improving the economy, aesthetics and quality of life within the Poplar Corridor Business District,” is asking the Economic Development Growth Engine for Memphis and Shelby County board to establish a tax increment financing district immediately east and west of Interstate 240, according to documents made publicly available Monday, July 23.

64. International Paper Q2 Earnings Beat Street Expectations -

MEMPHIS, Tenn. (AP) – International Paper Co. (IP) on Thursday reported second-quarter net income of $405 million.

65. Young Gun -

While most people were still taking general education classes in college or just trying to figure out their place in the world, Cameron Ellis was investing in real estate.

66. Young Gun -

While most people were still taking general education classes in college or just trying to figure out their place in the world, Cameron Ellis was investing in real estate.

67. Caffeine Shot: Coke Bets ‘Coke Plus Coffee’ Boosts Soda -

ATLANTA (AP) – Coca-Cola thinks it may have found a new drink that will give soda sales a shot of caffeine: Coke Plus Coffee.

The company introduced the canned and bottled product in Australia last year, and has since rolled it out to Vietnam, Cambodia and Thailand. It did not say where it would next introduce the drink, but CEO James Quincey said during a call with analysts Wednesday that "early results are promising."

68. US Stock Indexes are Mostly Higher as Earnings Roll In -

U.S. stock indexes were mostly higher in afternoon trading Wednesday following a mixed batch of quarterly earnings results from General Motors, Boeing, Coca-Cola and other big companies. Gains in technology and health care stocks outweighed losses in banks and other sectors. Homebuilders slumped on government data showing sales of new U.S. homes fell in June.

69. University of Arkansas Budget Hit With Little Rock Football -

LITTLE ROCK, Ark. (AP) — A report says starting a football program at the University of Arkansas at Little Rock would require a significant financial investment beyond a budget increase for athletics.

70. De-Annexation Plan Encounters Council Resistance -

The Strickland administration’s proposal to de-annex two more parts of the city – Southwind-Windyke and Rocky Point – got bad reviews Tuesday, July 24, in city council committee sessions on their way to the first of three council votes in August.

71. Colleges Ask for a Share of Future Salary in Lieu of Loans -

MONTPELIER, Vt. (AP) – As more students balk at the debt loads they face after graduation, some colleges are offering an alternative: We'll pay your tuition if you offer us a percentage of your future salary.

72. TIF Designation Could Bring Improvements to Poplar Ave. -

With several office, hotel and mixed-use projects planned along the Poplar Corridor, a group of property owners want a public financing subsidy to help pay for infrastructure improvements.

The Poplar Corridor Business District Association of Owners, a nonprofit formed by several Poplar Avenue property owners for the purpose of “improving the economy, aesthetics and quality of life within the Poplar Corridor Business District,” is asking the Economic Development Growth Engine for Memphis and Shelby County board to establish a tax increment financing district immediately east and west of Interstate 240, according to documents made publicly available Monday, July 23.

73. Tesla Stock Skids on Reports It Asked Suppliers for Refunds -

NEW YORK (AP) – Shares of Tesla tumbled Monday on reports that the company asked suppliers for refunds to help it turn a profit.

A memo provided to The Wall Street Journal shows the electric car maker asked a supplier to return what it calls a meaningful amount of money on its payments since 2016. The memo said all suppliers were being asked to help the company become profitable.

74. Stocks End Slightly Lower as Traders Shrug Off Trade Talk -

NEW YORK (AP) — U.S. stocks inched lower Friday as bond yields jumped, a shift that helped banks but hurt companies that pay big dividends. The dollar fell after President Donald Trump said China is manipulating its currency.

75. Former Vol OL Munoz Now Protecting Game -

Loving football just wasn’t enough. The game didn’t love Michael Munoz back at times.

76. Following Merger, First Tennessee Executive Encourages Memphians to Embrace Change -

Sometimes, your career chooses you. For Darin Johnson, he always knew he wanted to combine his love of numbers and people. “Since I was a kid, I’ve loved numbers,” Johnson said. “In fact, we didn’t have voicemail when I was a kid, so I would memorize everyone who would call and all of their numbers."

77. Survey of Economists: US Sales and Employment Likely to Grow -

DETROIT (AP) – Most U.S. business economists expect corporate sales to grow over the next three months and hiring and pay to rise with them.

But a majority of the economists surveyed by the National Association for Business Economics say the corporate tax cuts that the Trump administration pushed through Congress have yet to affect their plans for hiring or investment. The administration had promoted its tax cuts, which were heavily tilted toward corporations and wealthy individuals, as likely to raise worker pay and promote corporate investment and expansion over time.

78. GOP, Dem Rivals Raise Millions in Tennessee US Senate Race -

NASHVILLE, Tenn. (AP) – Republican U.S. Rep. Marsha Blackburn narrowly outraised Democratic former Gov. Phil Bredesen last quarter in Tennessee's open contest for U.S. Senate, with Blackburn maintaining a 2-to-1 cash-on-hand advantage.

79. The Daily Memphian to Launch in Fall as Memphis' Definitive News Source -

A new seven-days-a-week news outlet called The Daily Memphian will make its debut this fall, with many of the biggest names in Memphis journalism and a unique not-for-profit funding model. The ambitious effort’s goal is to become the city’s definitive news source with reporting of, by and for Memphis.

80. Youth Villages' New Board Chair, Jimmy Lackie, Believes in the Process -

A lot has changed since 1984 when James “Jimmy” D. Lackie first became involved with the forerunner to Youth Villages. Spence Wilson, CEO of Kemmons Wilson, Inc., had asked Lackie to assist on a capital campaign at Dogwood Villages. This was two years before Dogwood merged with Memphis Boys Town to create Youth Villages.

81. JPMorgan's Profits Rise 18 Percent, Helped By Lower Taxes -

NEW YORK (AP) – JPMorgan Chase's second-quarter profits rose by 18 percent from a year ago, as the nation's largest bank by assets and revenue continues to benefit from higher interest rates and a lower tax bill following last year's passage of President Donald Trump's tax law.

82. Developers Buy Land Near FedEx HQ for Apartments -

Texas-based Vantage Communities has closed on 22 acres of land near the FedEx World Headquarters for $1.7 million.

Vantage plans to build a 288-apartment luxury community dubbed Vantage at Germantown on the property located at the corner of Tournament Drive and Hacks Cross Road.

83. Heat Wave -

After what was a banner year in many ways for Memphis commercial real estate in 2017, projections for this year were bullish. But at the halfway point of 2018, have expectations in the area risen with the temperatures or have they begun to dry out under the sweltering summer heat? 

84. Treasury Bonds, Savings Bonds are Gifts That Keep on Giving -

Ray’s Take: U.S. savings bonds were once considered the ugly duckling of personal investments. It seemed the only time people bought them was when they were feeling super patriotic or when you couldn’t think of a better gift to give someone. Growing up, I remember them being a popular gift for newborns – the thought being that as the baby grows so does the money.

85. Stocks Skid as Trade War Worsens With New Tariff Threats -

NEW YORK (AP) — Global stock indexes are sinking Wednesday after the Trump administration released a list of $200 billion in goods that could be hit with tariffs and China said it would retaliate. The dollar is climbing and oil prices are plunging. Industrial and materials companies are also falling.

86. More Than $47M Going to States to Help Veterans Find Jobs -

LOUISVILLE, Ky. (AP) — The federal government has awarded grants totaling more than $47 million to help homeless veterans find jobs.

Recipients in Tennessee were awarded more than $906,000, Kentucky awards totaled almost $775,000 and West Virginia will receive $165,000.

87. Lenoir-Harris Debate At NAACP-Sponsored Forum Illustrates Political Divide -

David Lenoir and Lee Harris brought the Shelby County mayor’s race to the National Civil Rights Museum Tuesday, July 10, after all. In his opening statement, Lenoir, the Republican nominee, talked about his request for a different moderator at the forum sponsored by the Memphis Branch NAACP.

88. Lenoir-Harris Debate at NCRM Shows Political Divide -

David Lenoir and Lee Harris brought the county mayor’s race to the National Civil Rights Museum Tuesday, July 10, after all.

89. Lenoir-Harris Debate at NCRM Shows Political Divide -

David Lenoir and Lee Harris brought the county mayor’s race to the National Civil Rights Museum Tuesday, July 10, after all.

90. Developers Buy Land Near FedEx HQ for Apartments -

Texas-based Vantage Communities has closed on 22 acres of land near the FedEx World Headquarters for $1.7 million.

Vantage plans to build a 288-apartment luxury community dubbed Vantage at Germantown on the property located at the corner of Tournament Drive and Hacks Cross Road.

91. Offline Marketing is Not Off-Target -

In marketing today, it seems it’s all about digital. You’ve no doubt seen buzzwords like SEO, re-targeting, link building and content strategy in nearly every marketing blog you’ve read this year. And that’s not surprising – these are among the top tactics in the modern marketer’s toolkit.

92. Bank of Bartlett Eyes An Expanded Footprint to Meet Consumer Demand -

Bank of Bartlett will soon consolidate its two Germantown branches into one enhanced location at Poplar and Kirby, and is eyeing Midtown and Arlington as areas for additional brick-and-mortar branches.

93. What Do Statewide Candidates Say About Education in Tennessee? -

Gov. Bill Haslam and the General Assembly have invested in education during the last eight years. Has that been a good investment and should it continue? What do the candidates propose for the next four to eight years?

94. Beale Hotel, South Main Mixed-Use Top Busy Week In Development -

It’s a busy week for the city of Memphis when it comes to economic development. The Downtown Memphis Commission has two of its affiliate boards, the Center City Revenue Finance Corp. and the Design Review Board, in action this week, while the Economic Development Growth Engine for Memphis and Shelby County is holding a meeting for its Economic Development Finance Committee.

95. Senior Living Facility Sells for $16M -

Culpepper Place Assisted Living, located at 7480 U.S. 70, has switched hands for $16.6 million.

In the deal, Bartlett Assisted Living LLC sold the 60,000-square-foot facility to Bartlett TN Senior Property LLC, a holding company that lists the same address as Bridge Investment Group’s Orlando, Florida, office.

96. Cordova Village Sells For $5.2 Million -

Cordova LLC has sold Cordova Village, a 30,000-square-foot shopping center at 1315 N. Germantown Parkway, to HAO Investment Co. for $5.2 million.

97. What Trade War? Markets Shrug Off US-China Dueling Tariffs -

Trade war? What trade war?

Wall Street shrugged off the escalation of a trade dispute between the world's two largest economies Friday after the U.S. imposed tariffs on billions in Chinese goods and China responded in kind.

98. New Beale Street Hotel, A Vehicle ‘Vending Machine,’ and New Life on Former Buccaneer Site -

380 Beale St.
Memphis, TN 38103

Project Cost: $16 million

Application Date: July 10

Owner: Miller Memphis Inc.

Tenant: TCH Memphis LLC

99. Cordova Village Sells For $5.2 Million -

Cordova LLC has sold Cordova Village, a 30,000-square-foot shopping center at 1315 N. Germantown Parkway, to HAO Investment Co. for $5.2 million.

100. Fed Officials Discuss Rate Hikes That Could Slow Growth -

WASHINGTON (AP) — Federal Reserve officials last month said they expect to keep raising interest rates and suggested that by the next year, they could be high enough that they could start slowing growth, according to minutes of their discussion released Thursday.