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Editorial Results (free)

1. Sears Closes Another 20 Stores -

NEW YORK (AP) — Sears is closing another 20 stores as the ailing retailer tries to turn around its business.

Real estate investment trust Seritage, which owns the 20 real estate properties, confirmed the closings— 18 Sears stores and two Kmart stores — in a government filing Friday.

2. Resource Label Group Paved a Road From Lamar to New Bartlett Facility -

After more than 20 years at their facility near Lamar Avenue, Resource Label Group officials wanted to move to a bigger and better place.

After looking around Shelby County, they settled on Bartlett, largely due to the suburban town’s atmosphere and family nature.

3. Community Rx -

As one of the city’s premier medical institutions, Le Bonheur Children’s Hospital stays as busy as you might expect for an organization that tries to operate on the leading edge of pediatric care.

4. Buffett's Company Lends $1.5B to Home Capital, Invests $300M -

OMAHA, Neb. (AP) — Warren Buffett's company is lending $1.5 billion to Home Capital and spending roughly $300 million to purchase nearly 40 percent of the troubled Canadian lender's stock.

5. Tennessee Gov. Haslam Taking Business Recruiting Trip to Europe -

NASHVILLE, Tenn. (AP) — Gov. Bill Haslam is headed to Europe next week to try to recruit more foreign investment in Tennessee.

Haslam and Economic and Community Development Commissioner Bob Rolfe plant to visit the United Kingdom, the Netherlands, Sweden, Finland and Germany. They are scheduled to leave on Monday and return June 30.

6. EDGE Gives Frayser Gateway Project Nod -

With all of the new development buzzing around Downtown, Midtown and East Memphis, it could be easy to overlook the addition of a new grocery store, but for some Frayser residents, it could mean everything.

7. FedEx Corp. Reports Strong Q4, Fiscal Year -

Memphis-based FedEx Corp. reported a record Q4 and full-year earnings at its fourth-quarter earnings call Tuesday, June 20.

8. Downtown Core Attracting More Corporate Tenants -

Hamida Mandani, who with her husband Sunny owns City Market at the corner of Main Street and Union Avenue, is anticipating lots of potential new customers soon for her small grocery and deli enterprise.

9. Last Word: Wahlburgers, CA For Sale and Council Day -

We really go for hot food brands around here – whether its restaurants or supermarkets. And it makes us suckers to some degree. I don’t mean that in a bad way. Memphis without being open to all possibilities and what others see as impossible is just not Memphis. But when it comes to the business of brands sometimes you start to wonder. We may be guilty of putting too much weight on a brand to solve problems that no brand anywhere can solve.

10. FedEx Declares Quarterly Dividend Payable July 6 -

FedEx Corp.’s board of directors has announced a quarterly cash dividend of 50 cents per share on its common stock.

11. ZeroTo510 Again Named Among Top Accelerators -

Memphis’ ZeroTo510 medical device accelerator program has, for the third consecutive year, has been given a Silver ranking by the Seed Accelerator Rankings Project, a designation that sets ZeroTo510 as one of the top 25 accelerators in the country.

12. Sale on Milk and Eggs: Kroger Cuts Outlook Amid Price Fight -

NEW YORK (AP) – Intense competition among grocers is forcing Kroger to slash prices on popular items like milk and eggs – staples that help sway where shoppers go.

The company, which operates Fred Meyer, Ralphs and Fry's, on Thursday reported its second straight quarter of declining sales at established locations after more than seven years of uninterrupted growth. It also cut its profit outlook for the year, citing the moves it's making to adapt to the "upheaval" in food retailing and to keep prices competitive.

13. Match Game: Employer Matching Funds -

Ray’s Take: I am amazed at how many times when I ask people how much they are contributing to their 401(k) the answer comes back, “Whatever the match my company gives is – I love free money!” There’s a much better way to make that decision, but that is a topic for another column. There are a number of reasons companies offer some form of match and they may not all be charitable.

14. Wunderlich Securities Moving Downtown -

Wunderlich Securities Inc. is preparing to move its corporate headquarters from East Memphis, where the investment firm employs 110 people, to Downtown’s One Commerce Square.

15. Wunderlich Securities Plans to Move HQ to One Commerce Square -

Wunderlich Securities Inc. is preparing to move its corporate headquarters – currently in East Memphis, where the investment firm employs 110 people – to Downtown’s One Commerce Square.

16. Medicaid Cuts Could Hit Rural Children Hardest -

As Congress fiddles with an Obamacare replacement, one likely to cut billions in Medicaid spending, health care experts warn a decrease in funding could be hard on Tennessee.

During a recent forum in Jackson, Andy Schneider of the Georgetown Center on Children and Families reported that 50 percent of Tennessee’s children in small towns and rural areas are covered by Medicaid, a higher percentage than the rest of the nation, and more than in Tennessee’s urban areas where 39 percent have Medicaid.

17. CCL-Korsini Opens $25M Collierville Plant -

One of the first things several Collierville civic leaders did when they toured CCL-Korsini LLC’s $25 million label-printing facility Wednesday, June 14, was look beyond the loading dock to the adjacent open land.

18. Pinnacle, BNC Shareholders Approve $1.9B Merger -

Shareholders of Pinnacle Financial Partners and BNC Bancorp have both approved a $1.9 billion merger of the two banks, which is expected to close soon.

Nashville-based Pinnacle, parent company of Pinnacle Bank, currently is building its Memphis headquarters in Boyle Investment Co.’s new Class A office building in Ridgeway Center in East Memphis. Pinnacle will be the building’s anchor tenant with signage rights, and plans to occupy 35,000 square feet in the 155,000-square-foot facility, along with two drive-thru banking lanes and an ATM lane on the ground floor.

19. A Brighter Economic Outlook is Giving Fed Confidence to Act -

WASHINGTON (AP) – In the United States and around the world, economic strength isn't what it used to be. But everything is relative.

The Federal Reserve is set to raise short-term interest rates Wednesday for the third time in six months – a vote of confidence in the American economy and especially in the resilience of the U.S. job market.

20. Verizon Takes Over Yahoo to Complete $4.5 Billion Deal -

SAN FRANCISCO (AP) – Verizon has taken over Yahoo, completing a $4.5 billion deal that will usher in a new management team to attempt to wring more advertising revenue from one of the internet's best-known brands.

21. $100M Wind Project Suspended Following Tennessee Moratorium -

CROSSVILLE, Tenn. (AP) – A more than $100 million wind farm project in Tennessee has been put on hold after state lawmakers passed a yearlong moratorium on new turbines being installed in the state.

22. Memphis to Start Employee Student Loan Repayment Plan July 1 -

MEMPHIS, Tenn. (AP) – A Tennessee city is starting a new program that will help employees repay their student loans.

The city of Memphis said Thursday that beginning July 1, eligible city workers will receive monthly contributions of $50 for repayment of their student loan principal.

23. Memphis to Start Employee Student Loan Repayment Plan July 1 -

MEMPHIS, Tenn. (AP) – A Tennessee city is starting a new program that will help employees repay their student loans.

The city of Memphis said Thursday that beginning July 1, eligible city workers will receive monthly contributions of $50 for repayment of their student loan principal.

24. ZeroTo510 Again Named Among Top Accelerators -

Memphis’ ZeroTo510 medical device accelerator program has, for the third consecutive year, has been given a Silver ranking by the Seed Accelerator Rankings Project, a designation that sets ZeroTo510 as one of the top 25 accelerators in the country.

25. Study Ranks Tennessee 35th-Strongest Economy -

Tennessee has the 35th best economy in the U.S. and would have ranked higher if not for the state’s overall innovation potential. That’s according to a new study by financial planning website WalletHub, which compared key economic indicators of all 50 states and the District of Columbia for performance and strength.

26. Tennessee Brewery Developers Seek Incentives for Second Phase -

The developers of the Tennessee Brewery project are seeking a 20-year tax abatement to begin construction on phase two of their Downtown Memphis mixed-use development.

William Orgel, Jay Lindy and Adam Slovis, representing 495 TN Partners, have applied to the Center City Revenue Finance Corp. for a payment-in-lieu-of-taxes incentive to build an additional 130-unit, four-story building they estimate will cost around $12.3 million.

27. Tennessee Brewery Developers Seeking Tax Incentives for Second Phase -

The developers of the Tennessee Brewery Project have applied for a 20-year tax abatement with the Center City Revenue Finance Corporation to begin construction on phase two of their Downtown Memphis mixed-use development.

28. Justice Dept. Ending Settlement Payouts to Outside Groups -

WASHINGTON (AP) – The Justice Department will no longer allow big companies and banks to settle cases by donating to outside organizations, ending a little-known practice that had become a rallying cry for some conservatives.

29. City Council Settles Budget, But Other Issues Remain -

The budget season at City Hall is over with the Tuesday, June 6, Memphis City Council vote approving a $680 million city operating budget, an $81.3 million capital budget and a $3.27 city property tax rate.

30. Study Ranks Tennessee 35th-Strongest Economy -

Tennessee has the 35th best economy in the U.S. and would have ranked higher if not for the state’s overall innovation potential. That’s according to a new study by financial planning website WalletHub, which compared key economic indicators of all 50 states and the District of Columbia for performance and strength.

31. Survey: Top CEOs Still Back Some of Trump Policy Priorities -

WASHINGTON (AP) – Leading U.S. CEOs remain supportive of some of President Donald Trump's policy initiatives despite his still-hazy plan for cutting taxes and recent actions by Trump that have intensified attention on federal investigations of his campaign.

32. Trump to Push for $1 Trillion for Roads, Bridges -

WASHINGTON (AP) – President Donald Trump is launching a major push for a $1 trillion overhaul of the nation's roads and bridges, a key item on his domestic agenda that's gained little traction amid a slew of controversies that have engulfed the White House.

33. Walmart Touts Investment in People, Technology as Advantages -

FAYETTEVILLE, Ark. (AP) – Walmart CEO Doug McMillon touted the company's investments in people and technology, but also said the company may have reached an employment peak and urged employees not to be afraid of automation.

34. Memphis Banks Build Brand Awareness Via Marketing, Community Investments -

As a complement to traditional advertising, one way banks like Regions Bank, First Tennessee Bank and Pinnacle Financial Partners promote their brands in the local community is by spreading money around to everything from charitable causes to putting their name and logos on buildings and events.

35. Winds of Change -

Humans have been harnessing the power of the wind since the first Egyptians began to use sails to move their boats along the Nile. More than 7,000 years later, wind power capacity in the U.S. alone has surpassed 82 gigawatts, or enough energy to power 20 million homes, making it the largest renewable generation capacity in the country.

36. Financial Federal Hits $500M in Assets -

Financial Federal has hit a milestone in recent weeks – reaching $500 million in assets – that bank president William Tayloe said confirms the plan the bank is following to achieve organic growth is working.

37. It's Primetime at Amazon.com ... Shares Hit $1,000 -

NEW YORK (AP) – Amazon, the internet goliath that revolutionized the way much of the world buys books, toilet paper and TVs, hit a new milestone Tuesday. Its stock surpassed the $1,000 mark for the first time.

38. Winning at Google -

The coveted first-place ranking in Google’s search-engine results is every business owner’s dream.

It sounds so easy – use the keywords your audience would use to find your site, set up great content, and then you are guaranteed top ranking in search engines. Right?

39. Last Word: Halfway Point, The Cancer-Influenza Connection and Wade Baldwin's Way -

Monday was the day that Memphis Light Gas and Water Division reached the halfway point in restoring power. There were 90,384 customers without power Monday evening, compared to 188,000 without power at the outset Saturday evening at 11 p.m. There were 126 utility crews working by Monday evening.

40. US Growth in First Quarter Upgraded to Still-Slow 1.2 Percent Rate -

WASHINGTON (AP) – The U.S. economy began 2017 with a whimper – though not quite as weak a whimper as the government had first estimated.

The gross domestic product – the broadest gauge of the economy – expanded in the January-March quarter at a 1.2 percent annual rate, the government said Friday. That was better than its initial estimate of a 0.7 percent rate but far below President Donald Trump's growth targets, which most economists consider unrealistic.

41. US Durable Goods Orders Fell for First Time in 5 Months -

WASHINGTON (AP) – U.S. orders for long-lasting manufactured goods dropped in April for the first time in five months, and a key category that tracks business investment went nowhere for the second straight month.

42. Memphis-Based MAA Thriving As Demand for Rental Housing Grows -

Since it was founded by George Cates in 1977, real estate investment trust MAA has grown from an upstart local business into a S&P 500 company with more than 100,000 units and total market capitalization of $16 billion.

43. The Buying And Selling Of Memphis -

Even before he went to federal prison for 25 years on a racketeering conviction in 1995, Danny Owens had a real estate portfolio. The strip-club kingpin who defined the industry in Memphis across a 20-year period owned the old Memphian movie theater and made possible its 1986 sale to Playhouse on the Square by donating $160,000 toward its purchase.

44. Last Word: Sessions Notes, Lakeland Elects and Golf Classic Turns 60 -

U.S. Attorney General Jeff Sessions doesn’t stick with the script he has when he makes a speech, like the one he gave Thursday at the federal building to a room full of federal prosecutors and local and state law enforcement. Some of that comes from his background as a former U.S. Attorney and Alabama’s Attorney General, not to mention his tenure as a U.S. senator.

45. As FESJC Turns 60, There's No Taking PGA Tour Event for Granted -

This year marks the FedEx St. Jude Classic’s 60th year in Memphis. For decades the annual PGA Tour stop has signaled the start of summer and the arrival of stars ranging from Lee Trevino and Jack Nicklaus to Greg Norman and Phil Mickelson.

46. Council Sets Stage for City Employee Pay Raises -

Memphis City Council members approved Tuesday, May 23, a 1 percent across-the-board pay raise for all city employees setting the stage for a final vote on budget matters at the June 6 council session.

47. Last Word: Sticker Shock Questions, Council Day Recap and Mueller's Move -

It’s not the final vote on the county property tax rate. But Monday’s acceptance by the Shelby County Commission of the state-certified property tax rate is an important insight into how the state and local governments get together on setting a tax rate that takes into account changes in overall property values from the countywide property reappraisal to set a tax rate that produces the same amount of revenue as the current rate.

48. Vaco Risk Solutions' Brian Prentice Talks Data Breaches, Safety -

Vaco Memphis has added Brian Prentice as managing partner of Vaco Risk Solutions, a national consulting firm that works with organizations that have IT security, risk or compliance needs; have had a recent breach; are moving data centers; require a penetration test; or have any other project-based risk management needs.

49. Mueller Approved for 10-Year Tax Abatement to Relocate to Collierville -

The Collierville Board of Mayor and Aldermen approved Mueller Industries’ request for a 10-year tax abatement, paving the way for the company to begin the process of relocating its corporate headquarters to Collierville.

50. Huge Cuts to Food Stamps Part of Trump's Budget Proposal -

WASHINGTON (AP) – President Donald Trump's budget would drive millions of people off of food stamps, part of a new wave of spending cut proposals that already are getting panned by lawmakers in both parties on Capitol Hill.

51. JPMorgan Chase Pumps $17M Into Summer Job Programs -

BOSTON (AP) – JPMorgan Chase has announced a five-year, $17 million investment in a summer job program to give youth the skills needed to succeed in the modern business world.

The first phase of the Summer Youth Employment Program announced Monday includes $3 million to organizations in 19 U.S. cities that provide training and work experience to the young.

52. CEO: Wunderlich Acquisition ‘A Good Thing for Memphis’ -

In providing context for his firm’s pending acquisition by a Los Angeles-based financial services firm, Wunderlich Securities Inc. CEO Gary Wunderlich explained that “there’s been a ton of consolidation in our industry,” and that “size and scale matter.”

53. Wunderlich Securities Acquired by LA Firm in $67M Deal -

Memphis-based investment firm Wunderlich Securities Inc. will be acquired by a publicly traded Los Angeles-based financial services firm, B. Riley Financial, in a $67 million deal expected to close in June.

54. FCC Vote Kicks Off a Battle Over Regulation of the Internet -

NEW YORK (AP) – A federal agency voted to kick off the repeal of "net neutrality" rules designed to keep broadband providers like AT&T, Verizon and Comcast from interfering with the internet.

55. Many Women Think Men are the Better Investors; They're Not -

NEW YORK (AP) – Many men and women think men are the better investors. They're wrong.

After checking how 8 million of its customers did during 2016, Fidelity Investments found that women did better than men by an average of 0.4 percentage points.

56. Wal-Mart Sees Online Sales Surge, More Shoppers at Stores -

BENTONVILLE, Ark. (AP) – Wal-Mart saw online sales surge as it changed up its shipping offers, and drew more shoppers to its stores as well in the most recent quarter even as retail overall is more competitive.

57. Hagerty, Trump's Japan Envoy Pick, Says He's Optimistic on Trade Deal -

WASHINGTON (AP) – The Tennessee businessman in line to be American ambassador to Japan said Thursday that he was optimistic about reaching a deal with Japan that could mean equal or better results than the Asia-Pacific agreement that President Donald Trump pulled the United States out of after taking office.

58. Uncertain Times -

Ray’s Take We live in uncertain times. There are no guarantees; there is only planning and adapting. A sound financial plan is a great hedge against uncertain times, and the inability to predict future tax rates or the direction of the stock market should not be a deterrent to having a good financial plan.

59. Innova Turns Focus Toward Agriculture Technology -

By 2050, National Geographic Magazine recently warned readers, the world will somehow have to be able to feed 2 billion more people than it does now.

Innovations in agriculture and farming technology are one way of addressing that looming challenge. Which helps explain why now felt like the right time for Memphis-based venture capital firm Innova Memphis to continue expanding the focus of its investment funds into new industry sectors like ag tech.

60. EDGE Approves Trio of Tax Incentives -

The Economic Development Growth Engine board has granted tax incentives for a pair of Presidents Island manufacturing operations and a South Memphis health care company that together will result in the creation of 126 jobs and capital investments topping $140 million.

61. Last Word: Food Changes, Tax Breaks and 'The Big Bang' -

Late hours in Washington for another night Wednesday with word of the appointment of former FBI director Robert Mueller as special prosecutor in the Trump-Russia investigation. Here is all of the reaction we had as of late Wednesday from our folks in D.C.

62. NouriTech, Cargill Awarded Tax Incentives for Memphis Facilities -

Two President’s Island manufacturing operations, NouriTech’s new gas fermentation facility and Cargill’s corn mill, were awarded a pair of PILOTs from the Economic Development Growth Engine for Memphis and Shelby County.

63. Inner City Health Care Company Earns PILOT for Expansion -

A health care company serving lower-income areas of South Memphis with a limited range of services has been granted a 15-year payment-in-lieu-of-taxes (PILOT) incentive by the Economic Development Growth Engine board to provide more expansive service.

64. US Households Owe Record Amount, Topping Pre-Recession Peak -

WASHINGTON (AP) – U.S. household debt reached a record high in the first three months of this year, topping the previous peak reached in 2008, when the financial crisis plunged the economy into a deep recession.

65. Online Platform Tracks Economic Development Goals -

The Tennessee Department of Economic and Community Development has launched a new online platform that provides the public with information measuring the department’s strategic objectives.

The platform features 40 interactive dashboards that track key performance measures related to TNECD’s long-term strategic plan. The department has set all of these goals for 2025:

66. Faropoint Acquires Massive Industrial Portfolio for $33.1M -

Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1-million-square-foot industrial portfolio for $33.1 million. Details on that and more commercial real estate news in this week's Real Estate Recap...

67. Pending Elvis Week Will Encompass New Amenities -

Graceland Plaza is just about all gone. Only a few brick storefronts remained Tuesday, May 16, in the area across Elvis Presley Boulevard from the late entertainer’s mansion. The late 1960s-era shopping center that became the entry point for tours of the mansion starting in the 1980s is being demolished to become a new entry point and green space for the $45 million Elvis Presley’s Memphis complex that opened in March.

68. U of M to Participate In Pathways to Success Summit -

On June 22, the University of Memphis will participate in the Pathways to Success: Boys and Young Men of Color Opportunity Summit hosted by My Brother’s Keeper Alliance at Memphis Cook Convention Center.

69. Innova, AgLaunch Partner On New Innovation Fund -

The venture capital firm Innova Memphis will include the venture development organization and accelerator AgLaunch in a new $31 million agriculture innovation fund.

The fund, which is Innova’s fourth since it was founded 10 years ago by Memphis Bioworks, is certified and licensed by the USDA’s Rural Business Investment Program as a rural business investment company.

70. Corky’s Targets Millennials With Store Upgrades, UberEATS -

Corky’s BBQ is chasing a new generation of customers it wants to turn into barbecue fans.

To do that, the company is making what co-owner Barry Pelts estimates is a six-figure investment in renovations for its Memphis-area eateries. That update is already basically finished at the flagship Corky’s restaurant at 5259 Poplar Ave., which features an open floor plan, three widescreen TVs, brighter interior lighting, new booths and more.

71. Cai to Lead Memphis Chamber’s International Business Efforts -

Jinliang (Jin) Cai has joined the Greater Memphis Chamber as vice president of international business development. In that role, Cai will be directing efforts both to grow foreign direct investment in Memphis and Shelby County and to increase the volume of local exports to foreign markets. 

72. Philadelphia Investor Buys Memphis Portfolio for $6M -

Philadelphia-based real estate investment firm Odin Properties, doing business as Medley Apartments, has purchased four multifamily properties from Asia Capital Real Estate for a combined $6 million, according to paperwork filed with the Shelby County Register of Deeds.

73. Losses at JC Penney Double, Sales Slide, As Do Shares -

PLANO, Texas (AP) – Losses at J.C Penney doubled in the first quarter and sales at established stores fell again, capping a terrible week for retailers.

Though the loss at first did not appear as bad as many industry analysts had expected, many soured on even that after a closer look.

74. Lamar Avenue, Austin Peay Highway Projects on Tap for Fiscal 2018 -

With a gas-tax increase approved as part of the governor’s IMPROVE Act, Shelby County will see several projects take off over the next three years, including the much-anticipated Lamar Avenue widening.

75. Two SCS Teachers to Attend Development Programs -

GP Memphis Cellulose has announced its 2017 teacher development program awardees who will participate in company-sponsored summer learning programs.

Luanne Pyron, a third-grade teacher at Arlington Elementary School, was selected to attend Keystone Science School’s 2017 “Key Issues Institute: Bringing Environmental Issues to the Classroom,” this summer in Silverthorne, Colorado.

76. Two SCS Teachers to Attend Summer Learning Programs -

GP Memphis Cellulose has announced its 2017 teacher development program awardees who will participate in company-sponsored summer learning programs.

Luanne Pyron, a third-grade teacher at Arlington Elementary School, was selected to attend Keystone Science School’s 2017 “Key Issues Institute: Bringing Environmental Issues to the Classroom,” this summer in Silverthorne, Colorado. And Nastasia Dangerfield, an eighth-grade teacher at Woodstock Middle School, has been selected to attend The Bill of Rights Institute’s 2017 “Founder’s Fellowship” program this July in Washington, D.C.

77. Last Word: Deeper on Beale, End of Session and Johnny Mathis -

Beale Street keeps its cover charge on Saturday nights during its Memphis In May peak. But the district has some complex questions to resolve about its future and who controls that future. If that wasn’t evident before, it became apparent at City Hall Tuesday. It wasn’t the council action on the Beale Street Bucks program that was significant as much as it was the council’s discussion.

78. Faropoint Acquires Massive Industrial Portfolio for $33.1M -

Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1 million-square-foot industrial portfolio for $33.1 million.

The seller was Greenfield Partners LLC, a Connecticut-based private equity firm. 

79. House Approves Education Fund Concept, But Senate Action Put on Hold -

House Minority Leader Craig Fitzhugh pushed his K-12 education fund to passage Tuesday, May 9, but the possibility of funding and Senate approval will have to wait until 2018.

Dubbed the “K-12 Block Grant Act,” the measure calls for setting aside $250 million in excess state revenue for interest-generating investment to provide grant money for school systems statewide. Each system could use the funds for state-approved programs such as reading coaches or dual enrollment, items not funded through Tennessee’s Basic Education Program.

80. Bates Gold-and-Silver Fraud Case Includes Big Numbers -

At the end of a five-week trial in Memphis federal court this month, a jury convicted a former Tennessee state representative turned religious prophet and gold-and-silver broker on 46 counts of fraud.

81. Buffett Criticizes United and Its CEO Over Dragging Incident -

NEW YORK (AP) – Warren Buffett said Monday that United Airlines bungled the case of the passenger dragged off a plane last month, and he is criticizing the CEO's handling of the incident.

82. Punching In Past 65: Older-Worker Rate Highest Since 1962 -

NEW YORK (AP) – Retire by your mid-60s? How 1960s.

More Americans age 65 and over are still punching the clock, and the last time the percentage was this high was when John F. Kennedy was in the White House.

83. Jernigan Capital Has Solid Q1, More Growth Expected -

Memphis-based Jernigan Capital Inc. is enjoying a strong start to 2017.

The company – a capital partner for self-storage entrepreneurs – saw net income attributable to common stockholders for the three months ended March 31 increase to $1.2 million, or 14 cents per share, compared to net income of $1.1 million, or 18 cents per share, for the comparable period in 2016.

84. Vining Sparks Chief Economist: Economy in Period of ‘Uncertain Optimism’ -

The same day the U.S. Senate sent a $1.1 trillion spending bill to President Trump – the first major legislation of his presidency which averts a Friday, May 5, government shutdown – Craig Dismuke was telling a Memphis audience how much his economic forecasts hinge on the new president.

85. Jernigan Capital Has Solid Q1, More Growth Expected -

Memphis-based Jernigan Capital Inc. is enjoying a strong start to 2017.

The company – a capital partner for self-storage entrepreneurs – saw net income attributable to common stockholders for the three months ended March 31 increase to $1.2 million, or 14 cents per share, compared to net income of $1.1 million, or 18 cents per share, for the comparable period in 2016.

86. Moving Enterprise Email Up to the Cloud -

Even in today’s world of texting and social media messaging, email is still an integral part of keeping in touch with clients, customers and co-workers. As a business owner, hosting your own email can be costly and managing storage can be a challenge for your I.T. team. 

87. Finnish Tiremaker Nokian to Build $360M Plant in Tennessee -

DAYTON, Tenn. (AP) – Finnish tiremaker Nokian plans to build a new $360 million plant in Tennessee, creating 400 new jobs.

State economic development officials said Wednesday the project in Dayton represents the largest investment in the history of southeastern Tennessee's Rhea County.

88. New York Firm Pays $23M for 3 Germantown Hotels -

7750 Wolf River Blvd., 9314 Poplar Pike and 9320 Poplar Pike, Germantown, TN 38138 | Sale Amount: $23 million

Sale Date: April 28, 2017

89. Eighteen Startup Teams Set to Begin ‘Summer of Acceleration’ in Memphis -

Eighteen startup teams this week have kicked off the “Summer of Acceleration,” the season of joint accelerator programming across six startup accelerators overseen by the EPIcenter, Memphis Bioworks and Start Co.

90. New York Firm Pays $23M For 3 Memphis-Area Hotels -

AR Global Investments, a New York-based asset management firm, has purchased a trio of Germantown hotels for a combined $23 million from Austin, Texas-based Summit Hotel Properties, according to three warranty deeds filed with the Shelby County Register of Deeds on April 28.

91. 2017 – The Year of Video -

If marketers had a zodiac calendar, we might call 2017 “The Year of the Video.”

Why is that? Online video is enjoying the spotlight, due in part to its increasingly crucial role in social media. Online video consumption is also at an all-time high, and that is a definite plus for video marketing.

92. Last Word: DNA Unit Trouble, 100 Years After Ell Persons and Gas Tax Hike Redux -

The suspension of Ouita Knowlton, the Memphis Police detective overseeing the MPD's DNA Unit, appears to involve more than alleged violations of police policies. The unit oversees testing and processing of all current rape kits and those left unprocessed for decades that the city is currently working its way through five years after the admission. The District Attorney General’s office is part of the investigation of Knowlton, the office confirmed Monday. There are no specifics about what is involved here. But the police investigation will go to District Attorney General Amy Weirich who will then determine if criminal laws were violated and if there is a case to be made.

93. Appeals Court Won't Reconsider Net Neutrality Ruling -

WASHINGTON (AP) – A federal appeals court said Monday it won't reconsider its ruling to uphold the government's "net neutrality" rules that require internet providers to treat all online traffic equally.

94. Choosing a Donor Management System, Part Two -

The complaints associated with using technology to support fundraising are many and varied. Unfortunately the “human factor” plays a large role in how well a specific database or tool performs. 

95. The Week Ahead: May 1-7 -

Happy Monday, Memphis! May has arrived, which means it’s time to kick off the Memphis in May International Festival with the always-popular Beale Street Music Festival – and that’s just one of the events music lovers will enjoy this week. Plus, check out where to celebrate Star Wars fans’ favorite holiday and other happenings you need to know about in The Week Ahead... 

96. Mayors and Planners Challenge Assumptions at RegionSmart -

At the end of last week’s day-long RegionSmart Summit Downtown, Tipton County Executive Jeff Huffman remarked on how roomy and comfortable the chairs at the Halloran Centre had been for the mayors, planners, developers and others who gathered for the Urban Land Institute event.

97. Start Co. Teams Hit Key Business Milestones -

Six of Start Co.’s alumni teams hit major business milestones recently.

The teams participated in the summer accelerator programs in 2013, 2014 and 2015 as well as participating in post-acceleration activities to continue to build their businesses.

98. Sediver Opens $15 Million Facility in West Memphis -

Sediver USA has cut the ribbon on its $15 million facility in West Memphis, where the company will manufacture toughened glass insulators for high-voltage transmission lines.

Peter Baumgartner, chairman of Sediver USA and CEO of its Luxembourg-based parent company, the Seves Group, was joined by Arkansas Gov. Asa Hutchinson, Clean Line Energy Partners president Michael Skelly and Seves Group chairman Joakim Olsson at the Friday, April 21, event.

99. FTB Advisors’ Chief Investment Officer: Block Out Noise; When in Doubt, Hold -

Gerald W. Laurain is chief investment officer at FTB Advisors Inc., a subsidiary of First Tennessee Bank. He oversees a large number of financial advisers that work with individual and corporate clients.

100. Investors See Benefits, Drawbacks In Access to Real-Time Technology -

Twenty years ago, if John Laughlin needed data on the stock market, he logged in to a Bloomberg terminal and started doing research.