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Editorial Results (free)

1. Little Rock Drops Amazon Bid In Ad: 'It's Not You, It's Us' -

LITTLE ROCK, Ark. (AP) – Arkansas' capital city pre-emptively broke up with Amazon Thursday rather than submit a long-shot bid for the e-commerce giant's second headquarters, telling the company in a full-page newspaper ad: "It's not you, it's us."

2. Amazon, Pfizer Approved for Tax Incentives -

Amazon was awarded a 15-year payment-in-lieu-of-taxes incentive by the Economic Development Growth Engine for Memphis and Shelby County at its Wednesday, Oct. 18, meeting, despite the online retailer’s proposed distribution center spurring a larger debate about the types of jobs the city should incentivize in the future.

3. Site of Amazon's HQ2 Has Much to Learn From Seattle -

SEATTLE (AP) – Memo to the many places vying for Amazon's second headquarters: It ain't all food trucks and free bananas.

For years, much of downtown Seattle has been a maze of broken streets and caution-taped sidewalks. Dozens of enormous cranes tower overhead as double-length dump trucks hauling excavated dirt rumble past pedestrians and bicyclists. The crashing and clanging of construction is the city's soundtrack on a perpetual loop.

4. Ring Partners With Conagra On PAM Spray Bottles -

Ring Container Technologies, a product packaging and plastic container manufacturing company based in Oakland, Tennessee, has completed a collaboration with Conagra Brands to create a new plastic bottle for PAM Cooking Spray.

5. Here Comes Earnings Season: Brace for a Slowdown in Growth -

NEW YORK (AP) – Earnings reporting season is getting underway, and Wall Street is getting ready to be underwhelmed.

Profit growth likely slowed sharply in the summer for U.S. companies after hurricanes and other natural disasters caused big damage. Analysts are forecasting weaker earnings for several areas of the market from a year ago, a sharp turnaround from earlier this year, when earnings were soaring by more than 10 percent and helping to drive the stock market to record heights.

6. Last Word: Corker's Touchstone, Quonset Rehab and The Methodist Chart -

More invective from the White House directed at U.S. Senator Bob Corker since we last met here. And it is now becoming a sort of political prairie fire among Republicans in the Beltway per The New York Times.

7. New Apartments, Offices Headed for Cooper-Young -

Two new development projects will get underway later this year along Cooper Street in Midtown, following their approval for 11-year PILOTs on Tuesday, Oct. 10.

Both projects received the payment-in-lieu-of-taxes incentives by the Downtown Memphis Commission’s Center City Revenue Finance Corp. board.

8. Ring Partners With Conagra on PAM Spray Bottles -

Ring Container Technologies, a product packaging and plastic container manufacturing company based in Oakland, Tennessee, has completed a collaboration with Conagra Brands to create a new plastic bottle for PAM Cooking Spray.

9. Outdoors Retailer REI Plans First Memphis Store -

In this week's Real Estate Recap, outdoors retailer REI eyes Ridgeway Trace for its first local store, Hilton Worldwide prepares to upgrade its Memphis campus, and several proposed Midtown projects seek financial incentives.

10. Administration Calls for Easing Rules for Financial Markets -

WASHINGTON (AP) – The Trump administration on Friday recommended ways to loosen the rules governing the U.S. stock, bond and derivatives markets, proposing a rollback of a variety of tougher requirements adopted in the wake of the 2008 financial crisis.

11. Week Ahead: Oct. 9-15 -

Hey, Memphis! The real NBA and college basketball seasons creep closer with teasing events this week and the schedule of fun things to do is highlighted by the second annual Memphis Food & Wine Festival Saturday evening. Here’s toasting to a great week.

12. Outdoors Retailer REI Planning First Memphis Store -

5895 Poplar Ave.
Memphis, TN 38119

Permit Amount: $900,000

Owner: Weingarten Realty

Tenant: REI

Details: Seattle, Washington-based sporting and camping goods retailer REI has filed a $900,000 building permit application for tenant improvement in the former Sports Authority building at 5895 Poplar Ave. in the Ridgeway Trace shopping center.

13. Wright Investments To Buy Up to $400M in Hotels -

Wright Investments, a Memphis-based hotel management, investment and project management company, is planning to acquire up to $400 million in hotel properties over the next two to three years by investing the firm’s newly raised Hospitality Opportunity Fund II.

14. Connecting The Pieces -

The Pinch District – a Downtown mini-neighborhood of only a few blocks sandwiched between the Memphis Cook Convention Center, Uptown, The Pyramid and the campus of St. Jude Children’s Research Hospital – has been a neglected donut hole of development for years, as investments have poured into other areas of Downtown around it.

15. 2 Cooper St. Projects In Midtown Seek Incentives -

Two separate Midtown projects, both located on Cooper Street, are seeking 11-year tax abatements from the Downtown Memphis Commission’s Center City Revenue Finance Corp. board.

16. Tigers QB Ferguson Named Campbell Trophy Semifinalist -

University of Memphis senior quarterback Riley Ferguson has been named as a semifinalist for the National Football Foundation’s William V. Campbell Trophy, presented annually to the nation’s top football scholar-athlete.

17. Two Midtown Projects Apply for Tax Incentives -

Two separate Midtown projects, both located on Cooper Street, are seeking 11-year tax abatements from the Downtown Memphis Commission’s Center City Revenue Finance Corp. board.

The first project, located at 663 and 673 Cooper St., is an office/residential mixed-use development submitted by filament LLC, the development wing of local architectural firm, archimania.

18. Buffett Buys Big Into Haslam Family's Pilot Flying J -

OMAHA, Neb. (AP) – Warren Buffett's company is acquiring a major stake in Pilot Flying J truck stops and it will take over a majority stake within about five years from the family of Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam.

19. Hotel Management Co. to Buy Up to $400M in Properties -

Wright Investments, a Memphis-based hotel management, investment and project management company, is planning to acquire up to $400 million in hotel properties over the next two to three years by investing the firm’s newly raised Hospitality Opportunity Fund II.

20. Crosstown Crossroads -

For the past 90 years, Crosstown has seen its share of ups and downs. In the beginning, it was a shining beacon for the city’s eastward expansion; at its height, it anchored several vibrant and diverse neighborhoods; and at its lowest, Crosstown became the poster child for once-great inner-city areas of Memphis that had deteriorated.

21. Realistic Returns -

Ray’s Take: It’s common among investors to fall into the “short-term mindset” with investments. The financial media tends to make things worse. If you do not see the returns you want on cue, you decide to move your funds around to the ones that are showing higher short-term returns.

22. Trump, GOP Tax Plan Would Cut Rates for Many Americans -

WASHINGTON (AP) – President Donald Trump and congressional Republicans are proposing a far-reaching, $5 trillion plan Wednesday that would cut taxes for corporations and potentially for individuals, simplify the tax system and nearly double the standard deduction used by most Americans.

23. ‘Catching Up’ -

Memphis’ desire to land Amazon’s multibillion-dollar second headquarters faces several headwinds. While many critics have pointed to the city’s insufficient labor pool and lack of direct flights to the West Coast as the most likely deal breakers, Memphis lags behind many of the consensus top contenders in another area: connectivity.

24. Target is Raising Minimum Hourly Wage to $15 by End of 2020 -

NEW YORK (AP) – Target Corp. is raising its minimum hourly wage for workers to $11 starting next month and then to $15 by the end of 2020, a move it says will help it hire and keep the best employees and make shopping a better experience for customers.

25. FedEx Takes Profit Hit From Cyberattack in Q1 -

FedEx’s earnings per share for the first quarter were down year over year, as the Memphis-based shipping company continues to feel the effects of a June 27 cyberattack on subsidiary TNT Express that ended up costing $300 million.

26. Effects of June Cyberattack Cost FedEx $300 Million in Q1 -

FedEx’s earnings per share for the first quarter were down year over year, as the Memphis-based shipping company continues to feel the effects of a June 27 cyberattack on subsidiary TNT Express that ended up costing $300 million.

27. Germantown Medical Office Sells for $16M -

1325 Wolf Park Drive, Germantown, TN 38138

Sale Amount: $15.9 million

Buyer: Global Medical REIT

28. Create an Investment Policy Statement -

Ray’s Take: Financial professionals have long used an investment policy statement for their clients. It’s a guiding set of principles, of sorts, to help make decisions along the way. It’s an excellent tool for anyone to use to keep themselves on track when it comes to financial planning.

29. Local Investor Buys NE Memphis Auto Shop -

Local entrepreneur Jose Serratos has purchased an auto repair shop in northeast Memphis where he plans to open his first Maaco Collision Repair & Auto Painting franchise.

Serratos, doing business as JAS Total Enterprises LLC, bought the building at 6397 Summer Gale Drive from PHP Investments for $412,500.

30. REIT Set to Make Fifth Downtown Memphis Investment -

Alpha Residential Trust, a Pittsburgh, Pennsylvania-based real estate investment trust, has entered into an agreement to purchase the 266 Lofts development at the corner of Front Street and Dr. Martin Luther King Jr. Boulevard.

31. Strickland: Memphis to Make Bid for Amazon HQ -

Hours after Amazon’s Thursday, Sept. 7, announcement that it plans to open a second North American headquarters, Memphis Mayor Jim Strickland said the city will be putting its name in the hat.

32. Strickland: Memphis to Make Bid for New Amazon HQ -

Hours after Amazon.com announced its plans to open a second North American headquarters, Memphis Mayor Jim Strickland said the city will be putting its name in the hat.

33. Strickland to Make Bid for New Amazon HQ -

Hours after Amazon.com announced its plans to open a second North American headquarters, Memphis Mayor Jim Strickland said Memphis will be putting its name in the hat.

34. India’s Consul General Visits Memphis -

Indian Consul General Nagesh Singh was in Memphis last week for roundtable discussion with Greater Memphis Chamber members and business leaders.

Singh is consul general for the southeast U.S. and is based in Atlanta.

35. Bartlett Retail Portfolio Sells for $2.3 Million -

A six-building retail portfolio in Bartlett has switched hands for $2.3 million.

In the deal, Kam Investments purchased the buildings, which total 34,000 square feet and are located in the 5800 block of Stage Road near the intersection of Stage and Bartlett Boulevard.

36. Financial Services Firm Takes Floor in Clark Tower -

In this week’s Real Estate Recap, a financial services firm inks a full floor in Clark Tower and Crosstown High School files a $4.1 million permit to build-out space in the Crosstown Concourse for its charter school that is scheduled to open next fall. 

37. Financial Services Firm Takes Floor in Clark Tower -

In this week’s Real Estate Recap, a financial services firm inks a full floor in Clark Tower and Crosstown High School files a $4.1 million permit to build-out space in the Crosstown Concourse for its charter school that is scheduled to open next fall. 


38. Bartlett Retail Portfolio Sells for $2.3 Million -

A six-building retail portfolio in Bartlett has switched hands for $2.3 million.

Kam Investments purchased the buildings, which total 34,000 square feet and are located in the 5800 block of Stage Road near the intersection of Stage and Bartlett Boulevard.

39. Yellen Defends Bank Regulations Passed After 2008 Crisis -

JACKSON HOLE, Wyoming (AP) – Federal Reserve Chair Janet Yellen on Friday emphatically defended the web of regulations the Fed helped enact after the 2008 financial crisis, saying it helped restore the banking system's health and disputing criticism that the rules have hurt lending.

40. New Cooper-Young Apartments Receive Green Light -

A contentious apartment complex slated for the heart of the Cooper-Young Historic District is moving forward after receiving the green light from the Memphis & Shelby County Board of Adjustment. But the board’s approval of the project Wednesday, Aug. 23, wasn’t a quick process.

41. Downtown Lofts to Begin Second Phase -

In this week’s Real Estate Recap, 266 Lofts in Downtown Memphis begins its second phase, Peak Capital closes on a massive Cordova apartment complex, and a Chattanooga-based rock climbing gym purchases land in East Memphis.

42. How Many Funds Make a Good Mix? -

Ray’s Take: When it comes to building a portfolio for retirement, your goal shouldn’t be to load up with as many different types of investments as you can in the hopes that you’ll outsmart any fluctuations in the market. Diversification, like all things, has its limits.

43. Stronger Penalties Alone Won’t Solve State’s Opioid Crisis -

Rep. Bryan Terry deals with patients from every demographic caught up in the web of opiates.

Patients have an array of tolerance to opioids, as well, from those currently addicted to those who are recovering addicts. As a result, each patient requires an “individualized” anesthetic based on their background and the procedure or surgery they’re to have, says Terry, a Murfreesboro anesthesiologist.

44. Peak Capital Closes On Memphis Apt. Purchase -

Peak Capital Partners, a Utah-based apartment investment and management firm, has closed on The Charleston apartments in Memphis, the company has announced. Peak bought the property from Tennessee-based Wesscorp Investments.

45. GTx Reports $6.4M Loss, Secures $15 Million Loan -

Memphis-based biopharmaceutical company GTx Inc. saw a net loss of $6.4 million for the second quarter, compared to $6.1 million during the same period in 2016, the company reported Monday, Aug. 14.

46. Charting a Course -

Daphne Large, founder, CEO and president of Data Facts Inc., didn’t have her company certified as a woman-owned business for 25 years. “I don’t want to be chosen because I’m a woman, but because I’m the best,” Large said, voicing a sentiment that many women business owners agree with.

47. MEMFix Sets Date for Eighth Installment -

Urban infill projects in core sections of the city are not only transforming surrounding areas, but also how Memphians view the city’s neglected assets.

Looking to build off of the momentum of such successful rehabilitation projects, MEMFix has set its sights on the intersection of Madison Avenue and Cleveland Street, where it will host its next event on Oct. 13 from 11 a.m. to 8 p.m.

48. For Electric Cars to Take Off, They'll Need Place to Charge -

DETROIT (AP) – Around the world, support is growing for electric cars. Automakers are delivering more electric models with longer range and lower prices, such as the Chevrolet Bolt and the Tesla Model 3. China has set aggressive targets for electric vehicle sales to curb pollution; some European countries aim to be all-electric by 2040 or sooner.

49. Women-Owned Businesses Chart Progress of Diversity Contracting Efforts -

Daphne Large, founder, CEO and president of Data Facts Inc., didn’t get her company certified as a woman-owned business for 25 years.

50. Postal Service May Get More Freedom To Raise Stamp Prices -

WASHINGTON (AP) – It may be time to stock up on Forever stamps.

Regulators appear likely to accept the financially beleaguered Postal Service's request for more freedom to raise the price of mailing letters. It would be the biggest change in the Postal Service's pricing system in nearly a half-century, allowing stamp prices to rise beyond the rate of inflation.

51. Casinos Embrace Esports Even as They Work to Understand It -

ATLANTIC CITY, N.J. (AP) – Casinos are slowly embracing competitive video game tournaments as a way to help their bottom lines, but the money is coming from renting hotel rooms to the young players and selling them food and drinks, not from turning them into gamblers.

52. What is MROI? -

Have you ever looked at your organization’s marketing spend and wondered, “What do I have to show for this?” Or maybe you spent the six-figure marketing budget and have to justify the same spend for the upcoming budget year. Either way, you need to calculate marketing return on investment (MROI).

53. First Day of School Begins With Greetings, Hopes -

The school year began Monday, Aug. 7, with some parents registering children on the first day, other children finding their way back into academic routines on their own and Shelby County Schools leaders awaiting the release of achievement test scores from the state that will set a new baseline for where students are academically.

54. Toyota, Mazda Plan $1.6 Billion US Plant, to Partner in EVs -

TOKYO (AP) – Japanese automakers Toyota Motor Corp. and Mazda Motor Corp. plan to spend $1.6 billion to jointly build auto manufacturing plant in the U.S. – a move that will create up to 4,000 jobs, both sides said Friday.

55. Bartlett Shopping Center Sells for $1.4 Million -

A Bartlett retail center has switched hands in a multimillion-dollar deal.

Robinwood Commercial Center, located at 6722 U.S. 70 in Bartlett, was purchased by California-based Kirama Investment Group for $1.4 million, according to paperwork filed with the Shelby County Register.

56. Last Word: Primary Care, Weirich On Twitter and Tigers Offense -

Shelby County District Attorney General Amy Weirich has been responding by Twitter for the last two days to the New York Times Magazine article about the Noura Jackson case that went up online earlier this week. Using the hashtag “ProCrimeNYTimes,” Weirich @ShelbyCountyDA -- tweeted Wednesday that the long read is “a blatant effort to create sympathy for the defendant while demonizing prosecutors.”

57. With 401(k) Accounts Booming, What Should Investors Do? -

NEW YORK (AP) – Did you notice that your toe doesn't hurt because you didn't stub it today?

We tend to pay the closest attention to things when they're going badly, and the same is true of the stock market. When stocks crashed during the financial crisis in 2008, phone lines for financial advisers and 401(k) providers were jammed with panicky investors. Now stocks are at record highs, and the market is tranquil. It's easy to feel comfortable leaving your account on autopilot.

58. Fannie Mae Posts $3.2B Profit in Q2; To Pay $3.1B Dividend -

WASHINGTON (AP) – Fannie Mae reported net income of $3.2 billion from April through June, up from a year earlier as the mortgage giant marked gains on its investments.

The government-controlled company released its second-quarter results Thursday. Washington-based Fannie Mae will pay a dividend of $3.1 billion to the U.S. Treasury next month if the company's federal regulator agrees. That payment would bring the total dividends paid by Fannie to $165.8 billion.

59. Cordova Apartment Community Sells for $27.9M -

The Charleston, a 284-unit apartment community on the east side of Houston Levee Road just south of U.S. 64, has sold for $27.9 million, marking a new chapter for a property that was built just last year.

60. Jernigan Capital Reports Strong Second Quarter -

Memphis-based self-storage financing company Jernigan Capital Inc. has “had an outstanding first half of 2017.” That’s according to its namesake chairman and CEO Dean Jernigan.

61. Bartlett Shopping Center Sells for $1.4 Million -

A Bartlett retail center has switched hands in a multimillion-dollar deal.

Robinwood Commercial Center, located at 6722 U.S. 70 in Bartlett, was purchased by California-based Kirama Investment Group for $1.4 million, according to paperwork filed with the Shelby County Register.

62. Money is Not Enough -

Nonprofits play a critical role across the Mid-South. They represent, serve and advocate for a great diversity of individuals, families and causes. They improve the quality of life, generate innovations, and give voice to the challenges unseen and needs still unmet. They are joined in this work by foundations and corporations who provide money, resources, connections and technical assistance.

63. Fully Loaded -

It’s almost like the first half of 2017 was a decade in the making, at least when it comes to commercial real estate. Throughout all four major sectors of the Memphis-area commercial real estate market – industrial, office, retail and multifamily – figures are consistently reaching or exceeding pre-recession marks.

64. Goldman Sachs, Others Push to Offer More Loans to Investors -

NEW YORK (AP) – Goldman Sachs is looking to lend wealthy investors up to $25 million, using their stocks and bonds as collateral.

The investment bank announced a partnership Thursday with Fidelity Investments under which it will offer investors loans starting at $75,000. The loans will be backed by the stocks and bonds the investors hold in Fidelity-held brokerage accounts. US Bank is also participating as a lender.

65. Gillette Out, ServiceMaster to Spin Off Unit -

To Memphians, Rob Gillette is the ServiceMaster Global Holdings Inc. leader who moved the company’s headquarters from East Memphis to Downtown and put the old Peabody Place Mall back in use.

66. Sterigenics Triples Plant Capacity in West Memphis -

Sterigenics International LLC recently wrapped up a $16.8 million expansion to its West Memphis facility, nearly tripling the site’s gamma sterilization capacity. The company is a global provider of contract sterilization, lab services, gamma technologies and medical isotopes.

67. Equity Firm Buys Publisher Of The Collierville Herald -

A Nashville-based private equity firm with no previous media investments has acquired a regional publisher that owns 12 websites, magazines and newspapers, including The Collierville Herald.

American Hometown Publishing announced Monday, July 17, it has been bought by West End Holdings. AHP, which has assets in Tennessee, Virginia, Oklahoma and Florida, said under new ownership it “will immediately begin seeking additional local media properties to add to its portfolio,” according to a release.

68. Sterigenics Triples Capacity At Its West Memphis Sterilization Facility -

Sterigenics International LLC recently wrapped up a $16.8 million expansion to its West Memphis facility, nearly tripling the site’s gamma sterilization capacity. The company is a global provider of contract sterilization, lab services, gamma technologies and medical isotopes.

69. Be Boring -

Ray’s Take: Sometimes, it’s tempting to try to beat the market through the excitement of stock picking or by choosing riskier investments with the promise of a higher return. It seems like everyone has a friend of a friend with a great investment story.

70. Wall Street's Goldman Sachs Moves Quietly Into Main Street -

NEW YORK (AP) – More homeowner, less hedge fund titan. Goldman Sachs, long known for its super-rich clients and well-connected executives, is starting to act a lot more like a neighborhood bank.

71. Nashville Equity Firm Buys Collierville Herald Publisher -

A Nashville-based private equity firm with no previous media investments has acquired a regional publisher that owns 12 websites, magazines and newspapers, including The Collierville Herald.

American Hometown Publishing announced Monday, July 17, it has been bought by West End Holdings. AHP, which has assets in Tennessee, Virginia, Oklahoma and Florida, said under new ownership it “will immediately begin seeking additional local media properties to add to its portfolio,” according to a release.

72. Bartlett Shopping Center Sells for Nearly $30M -

An Atlanta-based real estate investment firm has made its first purchase in the Memphis market with the acquisition of a 198,103-square-foot shopping center in the heart of Bartlett.

The Bartlett Towne Centre, located at 6005 Stage Road, was acquired by Branch Properties LLC from Houston-based real estate investment trust Weingarten Realty for $28.8 million.

73. Tennessee Hospitals Group Opposes GOP Health Bill Rewrite -

NASHVILLE, Tenn. (AP) – Tennessee's lobby group for hospitals says the rewritten Republican health care bill in Congress doesn't have the best interests of Tennesseans or hospitals at heart.

74. Keys to Great Financial Planning -

Ray’s Take: It would be nice if you had a magic formula or an easy trick that made it so you never had to worry about money again, but life doesn’t work that way. You need a plan to help you reach your goals, and the plan should have multiple steps.

75. Microsoft Announces Rural Broadband Initiative -

Microsoft wants to extend broadband services to rural America by using the buffer zones separating individual television channels in the airwaves.

Microsoft plans to partner with rural telecommunications providers in 12 states, from the Dakotas and Arizona to a far eastern edge of Maine. The strategy calls for a combination of private and public investments and regulatory cooperation from the Federal Communications Commission to get about 2 million rural Americans connected to high-speed internet in the next five years.

76. Mississippi's Largest Solar Facility Begins Generating Power -

SUMRALL, Miss. (AP) – Mississippi's largest solar power installation is now making electricity.

Mississippi Power Co. is contracted to buy electricity for 25 years from the $100 million Lamar County facility, owned by D.E. Shaw Renewable Investments.

77. Financing Set for New TAG Truck Center -

Financing has been completed for the new TAG Truck Center facility that will be located where the former Mall of Memphis once stood at 4451 American Way.

78. Need For Speed -

Access to high-speed broadband is a growing issue in Tennessee as technological advances in business and education become more digitally based. For the rural areas around Memphis and across the state, it is becoming a matter of disparity both on the workforce-training front and in classrooms. And the two are inextricably linked.

79. Mississippi Demands $6.4M Back From Electric Car Maker, CEO -

JACKSON, Miss. (AP) – Mississippi's state auditor on Wednesday demanded that a troubled electric car maker or its leader repay $4.9 million in state and local aid the company received, plus $1.5 million of interest.

80. Financing Set for New TAG Truck Center -

Financing has been completed for the new TAG Truck Center facility that will be located where the former Mall of Memphis once stood at 4451 American Way.

81. Jernigan Capital Hits Investment Milestones -

Jernigan Capital – a publicly traded, Memphis-based provider of capital to self-storage entrepreneurs – is on a tear at the moment.

The company in recent days has closed three new self-storage development investment commitments totaling almost $50 million, including a co-investment of $26.5 million for a proposed 1,424-unit facility in Manhattan. The other investments are for facilities in Knoxville and in the Boston metro area, and construction on all three facilities is set to be finished by the end of second quarter 2018.

82. Analyst: Fred’s Not Seen as Viable Buyer of Rite Aid Stores -

Nick Mitchell, managing director and research analyst with Northcoast Research, didn’t have to do much work or analysis in the wake of news that Memphis-based Fred’s Inc. has been cut out of a deal between Walgreens and Rite Aid.

83. GOP May Keep Some Obama Tax Hikes to Save Health Care Bill -

WASHINGTON (AP) – Top Senate Republicans on Thursday considered keeping President Barack Obama's tax increase on wealthier people's investments and using the money to bolster their proposed health care subsidies in a bid to mollify moderate GOP lawmakers and salvage the party's struggling bill.

84. New Grizzlies Ready to Work, Free Agent Picture Still Cloudy -

All across the NBA landscape, teams are trotting out their second-round draft picks and saying the same things: We had these players rated higher. We couldn’t believe they were still there. And the classic, “We’re so happy they fell to us.”

85. 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.

86. 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.

87. Saudi King Names Son Heir as New Generation Encircles Throne -

RIYADH, Saudi Arabia (AP) — Saudi Arabia's King Salman appointed his 31-year-old son Mohammed bin Salman as crown prince on Wednesday, placing him first-in-line to the throne and laying the groundwork for an entirely new generation of royals to take the reins.

88. Kresge Foundation Awards $1.3 Million in Grants -

The Kresge Foundation has announced that 10 local organizations will receive a total of $1.3 million in grant support to boost opportunity for Memphis residents.

The grants range in size from $25,000 to $150,000 per year and are expected to provide support over 12-24 months.

89. Kresge Foundation Awards $1.3 Million in Grants -

The Kresge Foundation has announced that 10 local organizations will receive a total of $1.3 million in grant support to boost opportunity for Memphis residents.

The grants range in size from $25,000 to $150,000 per year and are expected to provide support over 12-24 months.

90. Facilities, Football Fever Growing At the University of Memphis -

Somewhere, in a long-ago Division I sports galaxy far away, an athletic director could catch his breath after his college baseball team made its last out and before his football team started practice. Not so much now.

91. 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.

92. Hernando Ice Cream Parlor Preparing Crosstown Location -

1350 Concourse Ave.

Memphis, TN 38104

Permit Amount: $80,000

Application Date: June 2017

93. EDGE Approves Pair Of ICED Loans -

Two Memphis businesses are set to receive Inner City Economic Development loans to improve their facilities.

The Economic Development Growth Engine finance committee voted Wednesday, June 7, to award a $20,000 loan to HopeWorks, located at 3337 Summer Ave. in Highland Heights, and a $19,000 loan to Orca Printing, located at 1808 September Ave. in Southeast Memphis.

94. EDGE Approves Pair of Inner City Development Loans -

Two Memphis businesses are set to receive Inner City Economic Development loans to improve their facilities.

The Economic Development Growth Engine finance committee voted Wednesday, June 7, to award a $20,000 loan to HopeWorks, located at 3337 Summer Ave. in Highland Heights, and a $19,000 loan to Orca Printing, located at 1808 September Ave. in Southeast Memphis. The forgivable ICED loans will help offset the costs of physical improvements to their locations.

95. Memphis Hustle Just the Job for Glynn Cyprien -

We can debate whether the Memphis Hustle is a good name or a bad name for the Grizzlies’ minor-league affiliate that will play in Southaven this season.

Not up for debate is that Memphis Hustle is a really good description of the job that belongs to Glynn Cyprien, the team’s head coach.

96. Nordstrom Family Considering Buyout of Department Store -

NEW YORK (AP) – Members of the Nordstrom family including co-presidents Blake, Peter and Erik Nordstrom are considering making an offer to buy out the 70 percent of the department store's stock they don't already own.

97. 2 Businesses Seek Inner City Loans From EDGE to Grow -

Two local businesses that are looking to grow their footprint in traditionally underserved areas of Memphis are seeking forgivable loans for building improvements from the Economic Development Growth Engine for Memphis and Shelby County.

98. Last Word: The Jazz Cornerstone, Council Day and 100 Items at Brooks -

In Elmwood Cemetery Tuesday morning, a wreath laying ceremony at the grave of Jimmie Lunceford, the Memphis jazz giant who formed and taught the Manassas High School band known as the Chickasaw Syncopators who went professional in the jazz age of the 1920s and played The Cotton Club during the Harlem renaissance. Lunceford was the cornerstone of Memphis jazz and Manassas was its bedrock. And the story of his high school students going professional is but an early chapter in a much longer narrative of gifted musicians and artists at times literally walking out of a graduation ceremony and onto a tour bus.

99. 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.

100. 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.