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Editorial Results (free)

1. Jimmy Haslam Loses Round in Deposition Fight -

MOBILE, Ala. (AP) – Cleveland Browns owner Jimmy Haslam is a step closer to having to answer questions about fraud at the Tennessee-based truck stop chain where he is president and CEO.

2. RegionSmart Details How to Prevent Erosion of Talent, Population -

During his three terms as mayor of Pittsburgh, Tom Murphy had to assume a great deal of risk in transforming the city’s economy from an industrial to an entrepreneurial base.

3. The Week Ahead: May 2-8 -

So, you think this is the “off-week” of the Memphis In May International Festival – the gap between the Beale Street Music Festival and the World Championship Barbecue Cooking Contest. But, while Tom Lee Park gets a breather, there are plenty of cultural experiences to soak up across Memphis. Here's our weekly roundup of local happenings you need to know about...

4. Absolute Storage Management Reports Q1 Growth -

Memphis-based Absolute Storage Management saw growth in its first-quarter revenue and occupancy, the self-storage management firm announced this week.

ASM, the largest private, third-party self-storage management company in the United States, said its same-store income revenue increased 10.3 percent, compared with a 9.7 percent increase in first quarter 2015. Same-store square-foot occupancy rates increased 2.3 percent year-over-year, while same-store rent per occupied unit increased 6.9 percent.

5. Memphis Banking Market Finding Renewed Equilibrium -

It took about 10 minutes for First Tennessee Bank’s parent company to wrap up its annual meeting of shareholders this week.

6. Absolute Storage Mgmt. Reports Q1 Growth -

Memphis-based Absolute Storage Management saw growth in its first-quarter revenue and occupancy, the self-storage management firm announced this week.

ASM, the largest private, third-party self-storage management company in the United States, said its same-store income revenue increased 10.3 percent, compared with a 9.7 percent increase in first quarter 2015. Same-store square-foot occupancy rates increased 2.3 percent year-over-year, while same-store rent per occupied unit increased 6.9 percent.

7. Canadian Pacific Says Railroads Will Need Mergers in Future -

OMAHA, Neb. (AP) – The CEO of Canadian Pacific still thinks railroad mergers are needed if the industry is to handle more freight, even after the company's bid for Norfolk Southern crumbled under stiff resistance.

8. Moving Dirt -

The Memphis development community is looking inward and upward to increase density in the urban core. New construction is happening across all four commercial real estate sectors, with long-anticipated projects like Trader Joe’s and the redevelopment of Central Station finally coming to fruition. Construction and operating costs continue to be a challenge as new projects hit the top of their class to command higher rents.

9. Statewide Demand Outstrips Supply of Qualified Workers -

Tennessee is surging as a major manufacturing state, bouncing back from the Great Recession by attracting billions of dollars in new investment and creating thousands of new – and often very high-paying – advanced manufacturing jobs.

10. Is Distraction Crushing Your Growth Potential? -

Business owners, marketing professionals and sales professionals – those that carry perhaps the greatest responsibility for driving company growth – are collectively facing a potentially catastrophic time epidemic.

11. SweetBio Reaches $1 Million in Secondary Funding -

The dust has settled after New Orleans Entrepreneurship Week, and several Memphis startups have returned home as winners.

“It’s like South by Southwest, but for entrepreneurs in the South,” said Kayla Rodriguez, co-founder and chief operating officer of SweetBio, of the week-long event.

12. Fred’s Set for Rebound in 2016 -

Twenty-four years ago this month, Memphis-based discount retailer Fred’s Inc. went public.Today, for a variety of reasons that include Fred’s ongoing shot at a turnaround, the company finds itself in a period of unprecedented change.

13. Sugar Services, an Elephant in South End Room, Plans to Stay -

In operation since 1969, Sugar Services is one of the last vestiges of the South End’s legacy as a heavy industrial area. While the factory has continued to process bulk sugar into liquid sugar from its site at 15 W. G.E. Patterson, at the southeast corner of Tennessee Street, developers attracted to the South Main Arts District have built condos and apartments on either side.

14. Starbucks to Offer Prepaid Cards to Boost Rewards Program -

NEW YORK (AP) – Starbucks says it will introduce a prepaid card by the end of the year that lets people earn points for its rewards program.

The Seattle-based company plans to offer the card through Chase and says people would be able to use it wherever Visa is accepted.

15. Uber Balks at Rules Proposed by World's Busiest Airport -

ATLANTA (AP) – Atlanta's airport – the world's busiest – and Los Angeles officials want to force Uber drivers to get fingerprint-based background checks to pick up passengers, but the ride-hailing service is balking.

16. Five to Watch -

“You can’t live in Memphis without some kind of side hustle, right?” That’s the way former WMC-TV reporter Lauren Squires Ready sees it. Her side hustle, the passion project she’s been pursuing in her free time separate from all the writing, reporting and live shots as an on-air news personality?

17. FedEx CEO Downplays Amazon ‘Industry Disruption’ -

FedEx Corp. founder and CEO Fred Smith never said the word “Amazon,” but the e-commerce giant was clearly on his mind Wednesday.

Smith addressed speculation about “industry disruption” by Amazon from the outset of Memphis-based FedEx’s quarterly earnings conference call. He also defended the Trans-Pacific Partnership trade agreement, noting that both of the frontrunners for the Democratic and Republican presidential nominations are opposed to it.

18. Bipartisan Skeptics Doubt Haslam’s Outsourcing Plan -

Poor timing and questionable numbers: That’s how legislators are viewing a business justification plan for outsourcing facilities management across Tennessee.

The Office of Customer Focused Government tells state senators, if all departments opt in, the state could save $35.8 million by the second year of a contract under study for building operations and services – without laying off state workers or cutting pay and benefits.

19. Last Word: Mudslide, The Deannexation Storm and Kilzer at Calvary -

Lots of news on a very rainy day including the flooding from the constant rain that closed some schools and cancelled a lot of other events. And then there was a mudslide on Riverside Drive from the bluff overlooking Tom Lee Park and the Mississippi River. The rain has also pushed the Wolf River to the point that it is now over some parts of the greenway in Germantown.

20. Google Provides Early Peek at Next Android Operating System -

SAN FRANCISCO (AP) – Google is previewing the next version of its Android operating system two months ahead of schedule in an effort to get the upgraded software on more mobile devices.

21. Snapchat, Seagate Among Companies Duped in Tax-Fraud Scam -

SAN FRANCISCO (AP) – Tax-filing season is turning into a nightmare for thousands of employees whose companies have been duped by email fraudsters. A major phishing scheme has tricked several major companies – among them, the messaging service Snapchat and disk-drive maker Seagate Technology – into relinquishing tax documents that exposed their workers' incomes, addresses and Social Security numbers.

22. Elvis Presley Estate Sues Las Vegas Casino -

LAS VEGAS (AP) – The Elvis Presley estate has filed a lawsuit against a Las Vegas casino-hotel that is holding artifacts and memorabilia involving the King as part of a leasing dispute.

23. St. Louis Cardinals Sell Majority Stake in Memphis Redbirds -

Less than two years ago, the St. Louis Cardinals finalized their purchase of their Triple-A affiliate, the Memphis Redbirds. Now, the Cardinals, pending full approval from the Pacific Coast League, have announced on Monday, March 7, that they have reached an agreement to sell a majority interest in the Redbirds to Peter B. Freund, the Principal Owner of Trinity Baseball Holdings.

24. GTx Results Show Narrowing Loss -

Memphis-based biopharmaceutical company GTx Inc. is currently enrolling patients in three clinical trials – two trials evaluating its product enobosarm as a potential treatment for women with advanced breast cancer, and another trial studying enobosarm as a potential treatment for stress urinary incontinence in postmenopausal women.

25. Target Taps Amazon Heavyweight to Overhaul Supply Chain -

NEW YORK (AP) – Target has tapped an Amazon heavyweight to lead the overhaul of its supply chain that has been stretched by the demands of online shopping.

The discounter has named Arthur Valdez as executive vice president, chief supply chain and logistics officer whose duties will include overseeing planning, distribution and transportation.

26. FBI Chief: Apple Issues Are Hardest He's Seen In Government -

WASHINGTON (AP) — The policy issues raised in the Justice Department's dispute with Apple Inc. over a locked iPhone represent the "hardest question I've seen in government and it's going to require negotiation and conversation," FBI Director James Comey said Thursday.

27. Lockdown: Apple Could Make It Even Tougher to Hack Phones -

SAN FRANCISCO (AP) – Suppose the FBI wins its court battle and forces Apple to help unlock an iPhone used by one of the San Bernardino killers. That could open all iPhones up to potential government scrutiny – but it's not the end of the story.

28. Last Word: 901Fest, First Tennessee Sues Pinnacle and EDGE Responds -

U of M Tigers 73 – UCF Knights 56 at FedExForum and on ESPN Wednesday evening.

As that was underway, Vice President Joe Biden was on his way out of the Memphis area after a visit to the Norfolk Southern intermodal facility in Rossville.
Here’s the basic web story account from Wednesday evening of Biden’s visit which comes on the seventh anniversary of the enactment of the federal stimulus act.
More on the larger themes in the visit and three-city tour by Biden in the print version that hits online Thursday afternoon.

29. US Fight Over Gunman's Locked iPhone Could Have Big Impact -

WASHINGTON (AP) – A U.S. magistrate's order for Apple Inc. to help the FBI hack into an iPhone used by the gunman in the mass shooting in San Bernardino, California, sets up an extraordinary legal fight with implications for ordinary consumers and digital privacy.

30. More Police Body Camera Details, Still No Start Date -

The city plans to hire 10 part-time video analysts to start work on April 5 in the move to police body cameras as well as in-car cameras.

But there is still no roll-out date for the body cameras, Mayor Jim Strickland’s administration said Tuesday, Feb. 16, in a meeting with Memphis City Council members.

31. Monsanto Pays $80 Million to Settle Accounting Charges -

Monsanto will pay an $80 million penalty and several executives will pay smaller amounts to settle federal allegations that the agribusiness giant misstated its earnings by not properly disclosing the costs of a rebate program for its Roundup weed-killer.

32. Ex-Exec of Haslam-Owned Chain Pleads Not Guilty to Fraud -

NASHVILLE, Tenn. (AP) – The former president of the truck stop chain owned by Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam pleaded not guilty on Tuesday to participating in a conspiracy to defraud customers.

33. Feds Find Fiat Chrysler Gear Shifters Can Confuse Drivers -

DETROIT (AP) — Electronic gear shifters on some newer Fiat Chrysler SUVs and cars are so confusing that drivers have exited the vehicles with the engines running and while they are still in gear, causing crashes and serious injuries, U.S. safety investigators have determined.

34. Growing Freelance Economy Creates Financial, Tax Implications -

Gone are the days of the traditional 9-to-5 office setting dominating the white-collar landscape.

In fact, it’s estimated that a third of the U.S. workforce now freelances in some form. In a 2015 report from nonprofit organization Freelancers Union and Upwork, a company that provides platforms for freelancers to find work, it was revealed that 54 million Americans qualify as freelancers.

35. FedEx Targets $200M in Giving By Decade’s End -

Memphis-based FedEx has decided to approach its corporate giving in a new way, one focused on figuring out how to use its assets to make the biggest possible impact in communities.

The company announced this week it’s planning to invest $200 million in more than 200 communities by the end of the decade, part of a new global giving platform – FedEx Cares – the logistics giant has unveiled.

36. Fenced Out -

There’s a major problem in Memphis when it comes to minorities: African-Americans make up 63 percent of the population but garner less than 1 percent of total business receipts within Memphis, according to the most recent U.S. Census data.

37. Ford's 2015 Pretax Profit Jumps on Stronger sales -

DEARBORN, Mich. (AP) — Higher sales in most of the world helped Ford Motor Co. achieve a record pretax profit in 2015, but investors remain skittish that the good news won't keep coming.

38. Medical Startup Trades Texas for Germantown -

David Leon’s medical device startup is the latest addition to a rapidly expanding health care, biotech and life sciences landscape in the Memphis area.

39. The 5 Applicants for Mud Island Redevelopment -

Each company that applied to redevelop Mud Island River Park has a month to submit its detailed proposal, including specific plans and how they would be financed, to the Riverfront Development Corp.

40. Five Mud Island Proposals Go Public -

A Memphis resort hotel group headed by mortgage banker and hotel manager Paul Westphal is proposing a 500-room resort hotel and spa in Mud Island River Park that would incorporate the island’s River Walk in its lobby.

41. Logistics Startup Exec: Amazon Gunning for FedEx -

The number of voices in the technology world convinced that Amazon has stuck a target on the back of FedEx – as well as its larger competitor, UPS – continues to grow.

The latest is Matthew Hertz, director of operations at package shipment startup Shyp. He took to social networking service LinkedIn in recent days to pen a commentary about why Amazon’s emergence as a significant logistics alternative appears to be a matter of when, not if.

42. OR Nurses Nationwide Donates $175,000 -

Several Memphis entities received 2015 year-end charitable gifts from OR Nurses Nationwide, which has offices in Memphis, Dallas and Houston.

Gifts of $25,000 each were given to Le Bonheur Children's Hospital, Church Health Center, Baptist College of Health Sciences School of Nursing and Youth Villages. A gift of $20,000 went to the University of Memphis' Loewenberg School of Nursing.

43. Last Word: Secrets In A Small Town, Bullard Bounce and Beale & Mud Island -

Munford! A winning Powerball ticket for the largest jackpot ever was sold in Munford and that warrants a rare exclamation mark.
Possibly two when you consider that small towns are supposed to be places where it is nearly impossible to keep a secret – at least from the other folks in the town.
The fact that it was sold at Naifeh’s, a long-standing Tipton County business institution adds to the story.
The person who bought the ticket in Munford holds one of three winning tickets which comes out to about $582 million for that ticket.
That is roughly the size of the city of Memphis operating budget.
There was a similar mystery underway Thursday in Dyersburg where someone bought a Powerball ticket worth a paltry $2 million. Probably worth an exclamation mark if I wasn’t over the limit and already feeling the unspoken disdain of my reporting brethren who are judging me harshly as you read this.

44. New Memphis COO Doug McGowen Knows Importance of Carrying Out Orders -

From age 13 until he finished college, Doug McGowen was filling in his summers and college breaks with work. Real work. Sweat-on-the-brow work.

He grew up in Meadville, a small town in northwest Pennsylvania. And there he toiled for a small family-owned construction company, doing whatever was asked.

45. ServiceMaster CEO Talks Vision, New Corporate Identity -

One of the priorities that ServiceMaster CEO Robert Gillette sees as coming with his job is the need to make sure employees know they’re “part of something special.”

The importance of that implied storytelling took on a physical form this week with the launch of ServiceMaster Experience, a 1,000-square-foot interactive “home on wheels.” Packed inside that truck, which also brandishes a new corporate identity for ServiceMaster, are things like digital kiosks and interactive exhibits that give customers tactile representations of work handled by ServiceMaster’s myriad brands.

46. Collierville Assisted Living Facility Sells for $17 Million -

601 Wolf River Blvd.
Collierville, TN 38017

Sale Amount: $17 million

Sale Date: Dec. 29, 2015

47. Tunica Casino Union Vote Delayed On Worker Pressure Charges -

JACKSON, Miss. (AP) – A vote on unionization by dealers at the MGM Gold Strike Casino in Tunica County has been put off amid charges that MGM Resorts International broke federal law while campaigning against union representation.

48. US Employers Hire at Robust Pace, Defying Global Trends -

WASHINGTON (AP) — The U.S. economy is motoring ahead despite slowing global growth that caused upheavals in financial markets around the world this week.

Employers added a robust 292,000 jobs last month, and the unemployment rate stayed low at 5 percent, the Labor Department said Friday. Job gains in the October-December quarter averaged 284,000, the best three-month increase since last January.

49. OR Nurses Nationwide Donates $175,000 -

Several Memphis entities received 2015 year-end charitable gifts from OR Nurses Nationwide, which has offices in Memphis, Dallas and Houston.

Gifts of $25,000 each were given to Le Bonheur Children's Hospital, Church Health Center, Baptist College of Health Sciences School of Nursing and Youth Villages. A gift of $20,000 went to the University of Memphis' Loewenberg School of Nursing.

50. Pilot Distribution Center Sells for $11.9 Million -

The 605,000-square-foot Pilot Distribution Center in Southeast Memphis has sold for $11.9 million.

Sealy Strategic Equity Partners LP, working as Sealy Pilot LLC, purchased the industrial warehouse at 4221 Pilot Drive from Pilot Distribution Center Inc. on Dec. 22, according to a warranty deed.

51. Netflix Expands Into 130 More Countries in Surprise Move -

SAN FRANCISCO (AP) — Netflix has already crossed off the biggest item on its New Year's list of resolutions. The Internet video service debuted in 130 countries Wednesday in a surprise move likely to reel in millions of new subscribers.

52. Pilot Distribution Center Sells for $11.9 Million -

The 605,000-square-foot Pilot Distribution Center in Southeast Memphis has sold for $11.9 million.

Sealy Strategic Equity Partners LP, working as Sealy Pilot LLC, purchased the industrial warehouse at 4221 Pilot Drive from Pilot Distribution Center Inc. on Dec. 22, according to a warranty deed.

53. Mall of Memphis Property Bought by Trucking Company -

113-Acre Former
Mall of Memphis Site
Sale Amount: $3.9 million

Sale Date: Dec. 29, 2015
Buyer: TAG Real Estate Holdings LLC
Seller: Memphis Industrial Properties LLC (Johnson Development Associates Inc.)
Loan Amount: $23 million
Loan Date: Dec. 29, 2015
Lender: Mercedes-Benz Financial Services USA LLC
Details: The 113-acre former Mall of Memphis property has a new owner. TAG Real Estate Holdings, an affiliate of Memphis-based TAG Truck Enterprises LLC, paid $3.9 million, or $34,513 an acre, to buy the property from Johnson Development Associates Inc., acting as Memphis Industrial Properties LLC.

54. The Good and Bad of Memphis’ Fortune 500 -

During a breakfast meet-and-greet with young professionals earlier this fall at International Paper’s newly opened building on its Poplar Avenue campus, IP chairman and CEO Mark Sutton recalled attending an investor day event during his first month on the job.

55. iBank Tower Sells for $19.2 Million -

The iBank Tower, located at 5050 Poplar Ave., has sold for $19.2 million, and for the first time, the same owner controls both the iBank Tower and the nearby Clark Tower at 5100 Poplar Ave.

56. Steamship Supporters Seek Exemption to Resume Cruises -

HELENA-WEST HELENA, Ark. (AP) – Supporters of the Delta Queen say they'll continue working to get Congress to approve an exemption that would allow the historic steamship to resume cruises on the Mississippi River.

57. FDA Signs Off on Medtronic Infuse Bone Graft -

The U.S. Food and Drug Administration has signed off on new spine surgery uses for Medtronic’s Infuse Bone Graft.

Once the company gets final labeling approval from the FDA for its product, Medtronic expects to start marketing the expanded use cases early next year.

58. Last Word: The Force Reawakens, Methodist Expands and Setting Up 2016 -

Last Word is a new daily online column that offers an overview of what’s happened at the end of shift, so to speak. Picture a dimly lit newsroom in the Downtown night and the last person in the place leaving a memo for the morning shift and you have a pretty good idea of what we are aiming for.

59. Next Evolution Of Social Media -

This column is the fifth in an 11-part series on the Top Ten 2016 Marketing Trends. Check back for the remainder of the series and a deep dive into each of these trends.

With the New Year almost upon us, it’s time to adjust your marketing strategy to propel your company’s growth in 2016. Reflect on what worked and what didn’t with your 2015 plan, and consider trends on the horizon that could further amplify your results.

60. The Week Ahead: Dec. 14, 2015 -

How was your weekend, Memphis? Here’s our weekly rundown of local happenings you need to know about, from the annual AutoZone shareholder convergence Downtown to the new Star Wars movie...

61. FDA Signs Off on Medtronic Infuse Bone Graft -

The U.S. Food and Drug Administration has signed off on new spine surgery uses for Medtronic’s Infuse Bone Graft.

Once the company gets final labeling approval from the FDA for its product, Medtronic expects to start marketing the expanded use cases early next year.

62. Scotts LawnService to Merge With TruGreen -

Memphis-based TruGreen Holdings Inc. is merging in a joint venture with the Scotts LawnService division of Scotts Miracle-Gro Co. of Marysville, Ohio.

63. Scotts LawnService to Merge With TruGreen -

Memphis-based TruGreen Holdings Inc. is merging in a joint venture with the Scotts LawnService division of Scotts Miracle-Gro Co. of Marysville, Ohio.

64. Shelby County Mortgage Market Up 18 Pct. in November -

When Sam Goff gets phone calls these days from prospective homebuyers wanting to start the mortgage loan process, the conversations tend to start the same way.

65. Shares of DuPont, Dow Soar on Reports of Merger Talks -

DOVER, Del. (AP) — Shares of Dow Chemical and DuPont were trading sharply higher Wednesday amid reports that the two chemical giants are in advanced merger discussions.

The Wall Street Journal reported Tuesday that the companies were planning to merge and then split into three companies focused on agriculture, specialty chemicals and materials.

66. AutoZone Profit, Sales Up in Latest Quarter -

Ahead of its annual meeting in Memphis next week, AutoZone’s fiscal first-quarter results for the period ended Nov. 21 showed the car parts retailer working to deliver on its 2016 operating mantra: “Yes, we’ve got it.”

67. ZeroTo510 startup SweetBio raises another $900,000 -

One of the most recent companies to participate in the Memphis Bioworks Foundation’s ZeroTo510 medical device accelerator program has raised another $900,000 in venture capital funding.

That new equity financing raised by SweetBio, a medical device startup specializing in wound-healing biomaterials with a dental focus, brings the venture’s total raise to more than $1 million in the past six months.

68. Memphis, North Mississippi Competition Raises Questions -

When leaders of the city-county Economic Development Growth Engine didn’t grant developers a $24 million tax abatement to build an industrial park on the site of the former Mall of Memphis, some saw it as more kindling for competition between the industrial markets of North Mississippi and Southeast Shelby County.

69. Versant Inks Office Lease at Germantown Park -

Memphis-based Versant Supply Chain is going corporate with a newly signed anchor tenant lease in the Germantown Park office development near Germantown Parkway and Walnut Grove.

The seven-year commitment is a big move for Versant, which has been operating out of built-in office space at its 4105 Mendenhall Road warehouse.

70. Hard Work Leads to Success For Aunt Key’s Apothecary -

Carla Worth was a single mom of a 2-year-old, working two jobs and going to school.

Busy would be an understatement. But Worth also had a realization: Though she had several employment opportunities, she discovered she was pretty good at cleaning houses. And it worked well with her schedule.

71. 3 Trends for the Holidays -

NEW YORK (AP) — The holiday season is upon us. Here's what shoppers can expect if they're heading out to stores at any point during the holiday shopping season:

NO FIGHTING OVER MUST-HAVE GIFTS

72. Pfizer, Allergan $160B Deal Forms World's Largest Drugmaker -

Pfizer and Allergan are joining in the biggest buyout of the year, a $160 billion stock deal that will create the world's largest drugmaker.

It's also the largest so-called inversion, where an American corporation combines with a company headquartered in a country with a lower corporate tax rate, saving potentially millions each year in U.S. taxes.

73. Payments Company Payscape Expands to Memphis -

The financial technology company Payscape has landed in Memphis, opening an office here with plans to ramp up quickly as it works to introduce the community to its merchant services and payment processing capabilities.

74. Germany's Largest Trade Union Opening US Office Near Nashville -

NASHVILLE, Tenn. (AP) — Germany's largest trade union is opening a joint office with the United Auto Workers in Tennessee to promote labor issues at German automakers and suppliers in the southern United States.

75. D1 Sports Training Facility Sells for $4.1 Million -

85 Market Center Drive
Collierville, TN 38107

Sale Amount: $4.1 million

Sale Date: Nov. 5, 2015

76. Mallory Alexander Gets Shanghai License -

Memphis-based Mallory Alexander International Logistics can begin direct operations in Shanghai with word Thursday, Nov. 5, that the company has been granted a Class A forwarder’s license.

The operations under that license will be centered in Shanghai and will mean an expansion of Mallory Alexander’s existing operations in Asia.

77. High-Tech Means Higher Sales for Many Small Retailers -

NEW YORK (AP) — An independent retailer may not look like the cutting edge of technology, but these small businesses increasingly turn to apps and sophisticated software to connect with customers.

78. New Tech901 Expands City’s Tech Field -

A new nonprofit has launched in Memphis to help guide technology job growth, while showing outside companies advantages of doing business in the Bluff City.

Tech901’s mission is to train current and potential Memphians for a variety of technology jobs while working with employers to increase the local technology job base.

79. Shelby County Mortgage Market Up 10 Percent in October -

Shelby County’s mortgage market is now mid-way through the final quarter of the year, but, judging from the market’s performance in October, the typical year-end slowdown hasn’t materialized yet.

80. Mallory Alexander Gets Shanghai License -

Memphis-based Mallory Alexander International Logistics can begin direct operations in Shanghai with word Thursday, Nov. 5, that the company has been granted a Class A forwarder’s license.

The operations under that license will be centered in Shanghai and will mean an expansion of Mallory Alexander’s existing operations in Asia.

81. Visa to Buy Visa Europe in Deal That Could Exceed $23B -

NEW YORK (AP) — Payment processing giant Visa announced plans Monday to buy its sister company, Visa Europe, in a deal that could be worth more than $23 billion and would consolidate all of Visa's operations worldwide.

82. EPA says Volkswagen Cheated a 2nd Time on Pollution Tests -

WASHINGTON (AP) — The U.S. government says Volkswagen cheated a second time on emissions tests, programming about 10,000 cars with larger diesel engines to emit fewer pollutants during testing than in real-world driving.

83. MAA Sees Growth In Third Quarter -

Mid-America Apartment Communities Inc. has reported core funds from operations at $1.38 per diluted common share for the third quarter ended Sept. 30, the company announced this week.

84. International Paper’s Q3 Off 38 Pct. From Previous Year -

International Paper Co. reported Wednesday, Oct. 28, that it earned $220 million, or 53 cents per share, in third quarter 2015.

85. Pfizer, Allergan in Deal Talks to Create Drug Giant -

TRENTON, N.J. (AP) — Pfizer and Botox maker Allergan are discussing a potential deal that could be the biggest of 2015, a year marked by a rapid-fire pace of megadeals, particularly in health care.

86. MAA Sees Growth In Third Quarter -

Mid-America Apartment Communities Inc. has reported core funds from operations at $1.38 per diluted common share for the third quarter ended Sept. 30, the company announced this week.

87. International Paper's Third-Quarter Earnings Off 38 Pct. -

International Paper Co. reported Wednesday, Oct. 28, that it earned $220 million, or 53 cents per share, in third quarter 2015.

88. Bipartisan Brakes for Governor Haslam’s Privatization Push -

Plans to put Tennessee’s real estate and government operations in the hands of private business are much further along than Gov. Bill Haslam would like people to think.

A master of downplaying big issues, Haslam says he’s simply looking for ways to make government run more efficiently and save money.

89. McDonald's US Sales Edge Up for First Time in 2 Years -

NEW YORK (AP) — McDonald's sales edged up at established U.S. locations during the third quarter, snapping a streak of about two years of quarterly declines.

The world's largest burger chain also said sales rose 4 percent on a global basis at established locations. In the U.S., the figure rose 0.9 percent, marking the first increase since the third quarter of 2013. The bump was the result of a higher average check, however, which offset a decline in traffic. That means McDonald's still has a long way to go in fixing its business.

90. McLean Wilson To Address Crosstown’s Resurgence -

Four years ago, the Sears Crosstown building started on a complete transformation into becoming a vertical urban village as Crosstown Concourse. It hasn’t been an easy journey for McLean Wilson, leader of the abandoned building’s $200 million redevelopment, but it’s one that has the potential to uplift other disinvested areas in Memphis commercial real estate.

91. Dunavant Touts Direct Sales -

Woodson Dunavant and Don Lake are used to the question now that Dunavant Enterprises is through its non-compete with Dreyfus Commodities, the company that bought its global cotton operation in 2010.

92. Memphis Health Care Staffing Company Tweaks Brand -

A female-owned, Memphis-based health care business is tweaking its brand to reflect the full scope of its footprint and convey its national ambitions.

Source One Healthcare Professionals Inc., the corporate umbrella for health care organizations in two states, is altering its OR Nurses brand in Memphis and rebranding two Texas acquisitions under its new OR Nurses Nationwide brand.

93. Government Tests Technology to Find Illegal Drone Operators -

WASHINGTON (AP) — The Federal Aviation Administration has signed an agreement to test technology that could locate the operators of small drones that are flying illegally near airports, as the government tries to crack down on near-collisions with manned aircraft.

94. Google is Latest Tech Giant to Claim Space in Mobile News -

NEW YORK (AP) — Technology giants including Apple, Facebook, Snapchat and now Google want to take charge of how we get and see news on our phones.

Google on Wednesday was the latest company to announce a news-focused tool. It is designed to speed up how fast stories appear on a phone's screen after a Google search. It's not widely available yet, but could emerge as a key source of traffic and ad revenue for publishers, and not just news providers, as people increasingly rely on their handheld gadgets.

95. Twitter Gives Co-Founder Jack Dorsey a 2nd Chance as CEO -

SAN FRANCISCO (AP) — Twitter is embracing Jack Dorsey as its CEO in hopes that its once-spurned co-founder can hatch a plan to expand the short messaging service's audience and end nearly a decade of financial losses.

96. 3M, Subsidiary Sued in Circuit Court -

A machine used to warm patients in operating rooms is at the center of a $20 million lawsuit filed Monday, Sept. 21, in Shelby County Circuit Court.

John Forsythe, a FedEx employee who lives in Byhalia, Miss., is suing The 3M Co. and its subsidiary, Arizant Healthcare Inc., claiming a Bair Hugger forced-air warming machine used during his knee surgery at Saint Francis Hospital last year was responsible for an infection he developed after leaving the hospital.

97. Caterpillar Says It Could Cut 10,000 Jobs to Reduce Costs -

Caterpillar is planning another round of job cuts that could exceed 10,000 people through 2018, as the construction and mining equipment maker adjusts to downturns in key markets.

That could amount to more than 8 percent of the 126,800 employees it had globally as of June.

98. Volkswagen CEO Steps Down, Takes Responsibility for Scandal -

BERLIN (AP) — Volkswagen CEO Martin Winterkorn resigned Wednesday, days after admitting that the world's top-selling carmaker had rigged diesel emissions to pass U.S. tests during his tenure.

99. 3M, Subsidiary Sued in Shelby County Circuit Court -

A machine used to warm patients in operating rooms is at the center of a $20 million lawsuit filed Monday, Sept. 21, in Shelby County Circuit Court.

John Forsythe, a FedEx employee who lives in Byhalia, Miss., is suing The 3M Co. and its subsidiary, Arizant Healthcare Inc., claiming a Bair Hugger forced-air warming machine used during his knee surgery at Saint Francis Hospital last year was responsible for an infection he developed after leaving the hospital.

100. Highland Row Developer Seeks Permit for Parking Garage -

Highland Row
Parking Garage
Permit Amount: $5 million

Application Date: September 2015
Completion: Late summer 2016
Owner: Poag Shopping Centers LLC
Architect: Looney Ricks Kiss
Contractor: Milhaus Development LLC
Details: Indianapolis-based developer Milhaus Development LLC and Memphis-based Poag Shopping Centers LLC have pulled a $5 million building permit as they continue developing the new Highland Row urban infill development.