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Editorial Results (free)

1. Efforts To Grow Black Business Face Wealth Gap -

The story of a business founded by maxing out personal credit cards or using home equity or both is usually told when that big financial risk works. You don’t hear a lot about when it doesn’t work.

2. Stocks emerge from wild, unpredictable first half with gains -

NEW YORK (AP) — The first half of the year was full of surprises on Wall Street.

Even experts and investors who expected more volatility after a historically calm 2017 were caught off guard by many of the developments inside and outside the markets this year, including the rapid gains stocks made in January, their abrupt descent into a "correction," and the ongoing trade tensions that threatened to undo the benefits of the GOP tax overhaul and strong corporate profits. Still, consumer-focused companies like retailers had a strong start to the year and technology companies continued to rally, while high-dividend stocks, especially phone companies and household goods makers, lagged behind.

3. Women- & Minority-Owned Biz Loan Fund Launches -

A $15 million small-business loan fund announced Monday, June 11, is aimed at improving access to capital for minority- and women-owned businesses in the Memphis area.

The loan fund is a partnership between Pathway Lending, a nonprofit regional community development financial institution, and Epicenter, the nonprofit entrepreneurial hub organization. Pinnacle Financial Partners, First Tennessee and Regions Bank are providing the initial capitalization of the Memphis Small Business Opportunity Loan Fund.

4. New Loan Fund Launches For Women-, Minority-Owned Biz -

A $15 million small-business loan fund announced Monday, June 11, is aimed at improving access to capital for minority- and women-owned businesses in the Memphis area.

The loan fund is a partnership between Pathway Lending, a nonprofit regional community development financial institution, and Epicenter, the nonprofit entrepreneurial hub organization. Pinnacle Financial Partners, First Tennessee and Regions Bank are providing the initial capitalization of the Memphis Small Business Opportunity Loan Fund.

5. New Loan Fund for Minority, Women-Owned Businesses Starts with $15M -

A $15-million small business loan fund announced Monday, June 11, is aimed at improving access to capital for minority and women-owned businesses in the Memphis area.

The loan fund is a partnership among Pathway Lending, a nonprofit regional Community Development Financial Institution and Epicenter, the nonprofit entrepreneurial hub organization. Pinnacle Financial Partners, First Tennessee and Regions Bank are providing the initial capitalization of the Memphis Small Business Opportunity Loan Fund.

6. Banks Team Up for Saturday Event to Help Memphians Improve Credit -

In an effort to support credit and financial counseling of Memphis residents, more than a dozen local banks that banded together last year to form the Memphis Area Community Reinvestment Act Association are preparing to host their first collective event this weekend.

7. Trustmark Bank Scores No. 1 Ranking In Customer Satisfaction Survey -

With intense competition in the Memphis banking market to win over new customers and keep their existing ones, customer satisfaction is key. In the most recent J.D. Power U.S. Retail Banking Satisfaction Study, Trustmark National Bank scored the highest marks for the South Central region, which includes Memphis.

8. Corporate Leaders Are True Partners -

“What can we do to help?” That was the question asked by a corporate representative at a conference we attended last week.

We were in Winston-Salem, participating in the State of Black North Carolina conference. We fell in love with the people, energy and positive, forward thinking. We were surrounded by people – including high school students and senior citizens – all of whom were asking questions, offering solutions, sharing history and strategizing.

9. US Delays Decision on Tariffs for EU, Prolonging Uncertainty -

WASHINGTON (AP) – The U.S. government will take another 30 days to decide whether to impose tariffs on imports of steel and aluminum from the European Union, Canada and Mexico, extending a period of uncertainty for businesses in those regions.

10. RegionSmart Summit To Focus On Fourth Bluff -

Since its inception, Memphis and The Fourth Chickasaw Bluff on the Mississippi River have been bound together.

So as Memphis is going through its latest growth spurt, so too is the Fourth Bluff as it was selected to be a part of a $40 million national initiative known as Reimagining the Civic Commons.

11. Regional Win -

In an increasingly interconnected world, having a cohesive economic regionalism strategy is becoming more of a must-have for successful metropolitan areas.

To facilitate this, the Urban Land Institute held Memphis’ first RegionSmart Summit in 2016 to gather all of the area’s government, economic development and community leaders in one place to collectively address some of the region’s most pressing planning and development issues.

12. Designing the Future -

Legacy banking institutions like Regions Bank increasingly want their brick-and-mortar locations to look like something other than, well, a bank.

13. Nashville-based Trust Company Opening Memphis Office -

Pendleton Square Trust Co., a Nashville-based independent trust and family office company, has hired an executive away from First Tennessee Bank to help launch and open an office in Memphis in the coming months.

14. Experts: Start Conversation Early About Move to Retirement Community -

Jim Shoemaker, president and CEO of Germantown-based financial planning firm Shoemaker Financial, had a sit-down in recent days with three sisters and their husbands, for a talk about what to do about their mother.

15. Memphis a Hot Bed for High-Demand Jobs -

Each year the Center for Economic Research in Tennessee puts together its Labor and Education Alignment Program report detailing which jobs are most in demand statewide and for each of the state’s nine economic and community development regions.

16. Fed Leaves Key Rate Unchanged At Yellen's Final Meeting -

The Federal Reserve has left its benchmark interest rate unchanged but signaled that it expects to resume raising rates gradually to reflect a healthy job market and economy.

At Janet Yellen's final meeting as chair Wednesday, the Fed kept its key short-term rate in a still-low range of 1.25 percent to 1.5 percent. It said in a statement that it expects inflation to finally pick up this year and to stabilize around the Fed's target level of 2 percent. In its previous statement, the Fed had predicted that inflation would remain below its target rate.

17. Fed Likely to Hold Rates Steady at Yellen's Final Meeting -

WASHINGTON (AP) – Janet Yellen's final Federal Reserve policy meeting will likely bring an uneventful end this week to her four-year tenure as Fed chair but perhaps offer hints of the central bank's approach to interest rates in the months to follow.

18. Humane Society Names Davis 2018 Board President -

Ted Davis has been named 2018 president of the board of directors for the Humane Society of Memphis and Shelby County. Davis, who is a wealth adviser for Regions Bank, joined the humane society board in December 2015. His first priority was a campaign inspiring adopters to become donors, which led him to being the Paw Prints Gala committee chair in 2017.

19. Companies Boost Wages and More Post-Tax Reform -

Dozens of companies, many with ties to Memphis, have pledged a series of actions that include one-time employee bonuses, charitable spending and 401(k) contribution increases, among other steps, in response to savings they expect to see from recently enacted Republican tax cuts.

20. Decade Since Recession: Thriving Cities Leave Others Behind -

As the nation's economy was still reeling from the body blow of the Great Recession, Seattle's was about to take off.

In 2010, Amazon opened a headquarters in the little-known South Lake Union district – and then expanded eight-fold over the next seven years to fill 36 buildings. Everywhere you look, there are signs of a thriving city: Building cranes looming over streets, hotels crammed with business travelers, tony restaurants filled with diners.

21. 2017 a Year of Expansion for Memphis Banks -

The biggest banks in Memphis made aggressive pushes this year to raise their profiles and expand footprints, as competition in the sector heats up and the industry continues winning back the strength it enjoyed before the bust of 2008.

22. Pinnacle Adds to Local Mortgage Teams -

Stephanie Pilkington and Ken Pruett have joined Pinnacle Financial Partners as senior vice presidents and mortgage advisers.

23. Pinnacle Adds to Local Mortgage Teams -

Stephanie Pilkington and Ken Pruett have joined Pinnacle Financial Partners as senior vice presidents and mortgage advisers.

24. Protecting Wealth -

Gena Wolbrecht, who heads up the newly launched investment program at BankTennessee, encourages potential clients to make some of the same considerations they do when they turn to other non-financial specialists like a doctor.

25. BankTennessee Launches New Investment Division -

Collierville-based BankTennessee has launched an investment and wealth services division.

The bank has also tapped Gena Wolbrecht, a former Financial Industry Regulatory Authority (FINRA) arbitrator, to lead the division, which is called BTN Wealth Services, as program manager.

26. U of M School of Nursing Honored for Diversity -

The University of Memphis Loewenberg College of Nursing is one of 24 health professions schools to receive the 2017 Health Professions Higher Education Excellence in Diversity (HEED) Award from INSIGHT Into Diversity magazine.

27. The Week Ahead: Sept. 25-Oct. 1 -

Are you ready to ride into the coming week, Memphis? There are some big two-wheel events and races to take in along with performances, fine dining, even a vintage antique market at Agricenter International. Check out more you need to know about in The Week Ahead...

28. Pinnacle Adds Senior VPs in Memphis -

Christina Arnold and Amanda Rasmussen have joined Pinnacle Financial Partners as senior vice presidents based at Pinnacle’s Memphis main office on Quail Hollow Road.

29. ICCC Program Attracts Local Business Owners -

More than 100 local entrepreneurs received mentoring and coaching on Tuesday, Aug. 29, to help them grow their small businesses. The Inner City Capital Connections program at the FedEx Institute of Technology on the University of Memphis campus returned after first coming to Memphis in August 2014.

30. Inner City Capital Connections Program Attracts Local Business Owners -

More than 100 local entrepreneurs received mentoring and coaching on Tuesday, Aug. 29, to help them grow their small businesses.

The Inner City Capital Connections program at the FedEx Institute of Technology on the University of Memphis campus returned after first coming to Memphis in August 2014. The ICCC program was developed by the Initiative for a Competitive Inner City (ICIC), a nonprofit research and strategy organization.

31. Regions, FedEx Backing Business Seminar -

Regions Bank is joining FedEx Corp. to provide financial backing for a seminar for business owners this week that will include 20 Regions bankers providing customized business coaching for entrepreneurs.

32. 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.

33. 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.

34. Insurers Continue to Hike Prices, Abandon ACA Markets -

People shopping for insurance through the Affordable Care Act in yet more regions could face higher prices and fewer choices next year as insurance companies lay out their early plans for 2018.

Blue Cross and Blue Shield of North Carolina is asking regulators for a 23 percent price hike next year because it doesn't expect crucial payments from the federal government to continue. That announcement comes a day after Blue Cross and Blue Shield of Kansas City said it will leave the individual insurance market next year, a decision that affects about 67,000 people in a 32-county area in Kansas and Missouri.

35. Bank On Memphis Effort in National Spotlight -

Shelby County Trustee David Lenoir was in the nation’s capital this week, speaking by invitation on a panel at the 2017 Bank On national conference in Washington, D.C.

36. First Tennessee Gets High Marks in Customer Satisfaction Survey -

Employees of First Tennessee Bank’s parent company got a company-wide email Thursday, May 4, that began: “This morning we are announcing the largest merger in our history.”

37. Real Estate Investor Pleads Guilty to Mortgage Fraud -

The owner of Wonderful Properties LLC pleaded guilty Wednesday, May 3, to a federal charge of bank fraud for fraudulently obtaining mortgage loans from a group of four financial institutions.

38. Real Estate Investor Pleads Guilty to Mortgage Fraud -

The owner of Wonderful Properties LLC pleaded guilty Wednesday, May 3, to a federal charge of bank fraud for fraudulently obtaining mortgage loans from a group of four financial institutions.

39. Last Word: Busy Council Day, County Property Tax Cut Call and Gas Tax Vote Nears -

The Lawsons – K.J. and Dedric – are on their way to Kansas after leaving University of Memphis basketball they announced Monday. And Markell Crawford confirmed Monday that he will be transferring too. Crawford is the sixth Tiger player to head for the door since the season’s end. What will Tigers basketball look like by the next season?

40. GOP Happy to ‘Wait and See’ on Medicaid -

Republicans say ho, Democrats say go. In the wake of Trumpcare’s congressional crash, states such as Kansas and North Carolina are joining the majority of the nation in expanding Medicaid rolls.

41. Regions Bank Unveils New Branch Design at West Tennessee Headquarters -

Physical bank branches these days are as much about technology and digital innovation as they are the garden-variety services that have always been a centerpiece of customer service, such as taking deposits and making loans.

42. Trump: Next Old Hickory or Carnival Barker -

For those who ignore the news – fake or otherwise – Donald Trump won the presidency last November.

While he didn’t capture a majority of the vote, he did win the electoral vote, causing many detractors to call for the elimination of this outdated voting method.

43. Last Word: The Governor's Race, Beale Street Complications and Southern Avenue -

A close one for the Tigers Sunday at the Forum but Houston still wins 72-71. One more home game Thursday against Tulane and a road game Saturday against SMU before March Madness begins. As that was happening here, better results in Denver Sunday where the Grizz beat the Nuggets 105-98.

44. Metropolitan CEO Explains Renasant Merger -

Not many people were racing to start up banks in 2008, with the underpinnings of the financial system teetering. One of the few who did was Curt Gabardi, a former Regions Bank executive who envisioned a bank that would focus primarily on commercial and private banking clients.

45. View From the Hill: Cooperatives Ready to Fill Broadband Void -

Rural broadband backers such as Misty O’Beirne in Rutherford County can take heart. Legislation to spread high-speed internet into cyberspace deserts is making the right connections.

46. First Horizon CEO: 2017 Brings ‘Good Growth Opportunities’ -

A week ahead of his bank’s earnings presentation to analysts – which will close the books on 2016 with a fourth quarter and full-year report – the top executive at First Tennessee Bank’s parent company is in an optimistic mood.

47. 2016: Not Too Many Banking Industry Surprises -

When shareholders of First Tennessee Bank’s Memphis-based parent company convened in April at the bank’s Downtown Memphis headquarters for their annual meeting, the whole thing wrapped up in about 10 minutes.

48. US Bank Earnings Up Nearly 13 Percent in Q3 -

WASHINGTON (AP) – U.S. banks' earnings in the July-September period jumped nearly 13 percent from a year earlier as continued growth in lending fueled interest income.

The data issued Tuesday by the Federal Deposit Insurance Corp. showed strength in the banking industry more than eight years after the financial crisis struck. However, the impact of low oil prices on energy companies led banks to continue to post bigger losses on commercial and industrial loans. Some energy companies have struggled to repay loans, causing distress for banks in oil and gas producing regions.

49. Pinnacle Taps New Memphis Area Manager -

Chad Rounder has joined Pinnacle Financial Partners as a senior vice president, financial adviser and area manager for Pinnacle’s Memphis market.

Rounder brings 11 years of experience to his role. He comes from Iberiabank, where he served as a business banker and branch manager. Previously he was a branch manager for Regions Bank in Collierville.

50. Specialized Lending Teams Helping Banks Build Business Relationships -

Standing apart from the competition in banking is not necessarily the simplest thing to do, given that key aspects of the industry – making loans, taking deposits and the like – look so similar from one institution to the next.

51. Events -

American Advertising Federation Memphis will meet Thursday, Oct. 27, at 11:30 a.m. at Lafayette’s Music Room, 2119 Madison Ave. Hummingbird Productions founder Bob Farnsworth will discuss “fusic,” or the fusion of film and music. Visit aafmemphis.org for details.

52. Claims Pushing ACA Marketplace Rates Higher, Some Providers Out -

Memphians with health care insurance through the state’s marketplace exchange or those looking to acquire health care insurance are bracing for rate increases that come on Jan. 1.

Rates for the two remaining insurers with marketplace plans available for the Memphis market next year – Cigna and Humana – are set to increase roughly 45 percent each.

53. First TN Bank Focuses On Growth With New Hires -

“Growing the business” is a mantra executives of First Tennessee Bank’s parent company have repeated often in recent weeks.

54. Green Renaissance -

As director of Shelby Farms Park Conservancy, Jen Andrews has been on the front lines of what can fairly be called a green revival in Memphis. And she is amazed at how much change has occurred over the last decade, a rebirth that spans not just across the miles but now seems embedded in the city’s psyche.

55. BlueCross Dropping ACA Coverage in Memphis Area -

BlueCross BlueShield of Tennessee is dropping its Affordable Care Act marketplace plan coverage in three major regions of the state, including Memphis, pointing to losses of nearly $500 million on such plans by the end of 2016.

56. Survey: Tenn. Consumer Sentiment Drops Sharply -

Tennessee consumers are feeling much less positive about the economy and want GOP presidential candidate Donald Trump to address economic issues, according to the most recent statewide consumer quarterly survey from Middle Tennessee State University.

57. Survey: Tenn. Consumer Sentiment Drops Sharply -

Tennessee consumers are feeling much less positive about the economy and want GOP presidential candidate Donald Trump to address economic issues, according to the most recent statewide consumer quarterly survey from Middle Tennessee State University.

58. Pinnacle Financial Expands Team in Memphis -

Pinnacle Financial Partners has added a few new professionals in Memphis.

Tiffany Burton has joined the bank as a merchant services adviser. She comes most recently from Elavon Merchant Services, where she served as an account executive for Regions Bank and a regional account executive in the Memphis and Germantown areas for First Tennessee Bank.

59. First Horizon Exec Tapped As Chair of Bankers Council -

The American Bankers Association has appointed Bryan Jordan – the chairman, president and CEO of First Tennessee Bank’s parent company First Horizon National Corp. – as chairman of its American Bankers Council for the 2016-2017 membership year.

60. First Horizon Exec Tapped As Chair of Bankers Council -

The American Bankers Association has appointed Bryan Jordan – the chairman, president and CEO of First Tennessee Bank’s parent company First Horizon National Corp. – as chairman of its American Bankers Council for the 2016-2017 membership year.

61. Pinnacle Financial Expands Team in Memphis -

Pinnacle Financial Partners has added a few new professionals in Memphis.

Tiffany Burton has joined the bank as a merchant services adviser. She comes most recently from Elavon Merchant Services, where she served as an account executive for Regions Bank and a regional account executive in the Memphis and Germantown areas for First Tennessee Bank.

62. The Fading Accuracy of Political Polling -

Joe Carr says he couldn’t believe the deficit when U.S. Rep. Diane Black trounced him in the August election to recapture Tennessee’s 6th Congressional District seat.

63. Wal-Mart Buying Online Retail Newcomer Jet.com -

NEW YORK (AP) — Wal-Mart is buying fast-growing online retailer Jet.com for $3 billion in cash plus $300 million in stock, scooping up a newcomer that launched a year ago with the intention of challenging online leader Amazon.

64. BBB Names Crowder Director Of Business Development -

Carol Crowder has joined the Better Business Bureau of the Mid-South as director of business development, responsible for increasing the number of BBB-accredited businesses and growing revenue throughout the 28 counties that BBB of the Mid-South serves. She also will work with accredited areas to help them take advantage of BBB services to help them promote and grow their businesses. Crowder has more than 20 years’ experience in sales, marketing and operations. She previously served as an associate director for ALSAC/St. Jude. 

65. Humane Society Seeks New Leader After Terminating Director’s Contract -

The Humane Society of Memphis and Shelby County has terminated executive director Andrew Jacuzzi’s contract and retained Amy Howell as consulting interim director.

66. New For-Profit Medical Schools Springing Up Across US -

BOISE, Idaho (AP) – For-profit medical schools are starting to pop up around the country, promising to create new family doctors for underserved rural regions.

Rural states like Idaho need more general practitioners, with the baby boom generation aging and expanded insurance coverage under the Affordable Care Act making health care more accessible. But critics of the new schools question whether companies can properly train the nation's next crop of doctors.

67. Fed Survey Finds Modest Growth in Many Regions -

WASHINGTON (AP) – The Federal Reserve said Wednesday that the economy grew at a modest pace in much of the country from April to mid-May, despite headwinds ranging from slower consumer spending to ongoing weakness in the manufacturing and the energy sectors.

68. Memphis Economist: 'I Don’t Believe in National Economies Anymore' -

The day after Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Randy Boyd met with officials in Shanghai as part of an economic development trip to Asia, Michael Drury shared with an audience of business professionals his idea about national economies.

69. Tennessee Leads the Nation in Bankruptcies -

Tennessee has a model program for financial literacy in its public schools. All high school students must pass a personal finance course to graduate, and even kindergartners are learning about money under a new initiative to extend the curriculum to primary school.

70. 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.

71. Events -

Mid-South Association for Financial Professionals will meet Thursday, March 24, from 11:30 a.m. to 1 p.m. at Regions Bank, 6200 Poplar Ave. Rene Bustamante, staff VP and assistant treasurer of global cash management for FedEx Corp., will present “How to Become a Strategic Treasurer Organization.” Register at midsouthafp.org.

72. Events -

Tennessee Small Business Development Center will host a workshop on government contracting Thursday, March 24, from 9 a.m. to 11 a.m. at the Renaissance Business Center, 555 Beale St. The University of Tennessee’s Procurement Technical Assistance Center will teach small-business owners how to successfully compete for government contracts. Cost is free; registration required. Visit tsbdc.org/training for details.

73. Events -

Rhodes College will host Tanisha C. Ford of the University of Massachusetts Amherst for a lecture titled “This Ain’t Yo Mama’s Civil Rights Movement: A New Perspective on the Style Politics of the 1960s” Tuesday, March 22, at 7 p.m. in Blount Auditorium of Buckman Hall on campus, 2000 North Parkway. Free and open to the public. Direct inquiries to Charles McKinney at mckinneyc@rhodes.edu or 901-843-3525.

74. Events -

Livable Memphis will unveil its “Citizens Guide for Improving Your Park” during its monthly Pizza With Planners meeting on Monday, March 21, from 5:30 p.m. to 7 p.m. at the Memphis Leadership Foundation, 1548 Poplar Ave. Copies of the guide will be available for attendees; an online version is slated for later release. Learn more and RSVP at livablememphis.org.

75. Fed Survey Finds Weaker Exports Hurting Manufacturers -

WASHINGTON (AP) – The economy was expanding in most of the country in January and February, helped by gains in consumer spending and home sales. But there were also rising headwinds from falling oil prices and a strong dollar that held back some sectors, the Federal Reserve said Wednesday.

76. 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.

77. Memphis Banking Officials Brace for Changes In New Year -

As he chatted about the Memphis banking market with a few guests in a conference room at his bank’s headquarters on Quail Hollow Road back in 2010, Magna Bank chairman, president and CEO Kirk Bailey looked into the future and imagined how local mergers must surely be on the way.

78. Expect Less and Buy Antacid: 2016 Investment Forecasts -

NEW YORK (AP) — Investing is becoming more of a grind. Expect it to stay that way.

Analysts, mutual-fund managers and other forecasters are telling investors to expect lower returns from stocks and bonds in 2016 than in past years. They're also predicting more severe swings in prices. Remember that 10 percent drop for stocks that freaked investors out in August? It likely won't take another four years for the next one.

79. Branching Out -

The building going up at 2504 Poplar Ave., where a construction crew has been making steady progress since Iberiabank filed a $750,000 building permit for it back in April, represents something a bit unusual.

80. US Home Sales Rebound in September After August Slump -

WASHINGTON (AP) — Americans snapped up more homes in September, suggesting that the U.S. housing sector remains insulated from global economic turmoil.

The National Association of Realtors said Thursday that sales of existing homes jumped 4.7 percent last month to a seasonally adjusted annual rate of 5.55 million. Buying activity rebounded after slipping in August, indicating that demand for housing continues despite a series of recent economic hits: stock market declines, falling factory orders, a slowdown in China, struggles in emerging nations such as Brazil and Turkey, and stagnation in Europe.

81. First Horizon Set to Buy Back Shares, Keep Lid on Expenses -

The week’s end found the chairman and CEO of First Tennessee Bank’s parent company in a bit of a philosophical mood about his financial institution, First Horizon National Corp., as well as the industry as a whole.

82. Magna Bank Prepares for New Memphis Identity -

Magna Bank in Memphis isn't set to open for business with a new name above the door for a couple more months, now that its acquisition by Nashville-based Pinnacle Financial Partners has officially closed.

83. Wunderlich Taps New General Counsel -

Memphis-based investment firm Wunderlich Securities has named James Ritt as its new chief compliance officer and general counsel.

He has 30 years of experience in the securities industry, including serving as general counsel for Memphis-based Morgan Keegan from 1998 to 2012. More recently, he served as general counsel and chief legal officer for Birmingham-based Sterne Agee Group from 2012 to 2014.

84. Wunderlich Taps New General Counsel -

Memphis-based investment firm Wunderlich Securities has named James Ritt as its new chief compliance officer and general counsel.

He has 30 years of experience in the securities industry, including serving as general counsel for Memphis-based Morgan Keegan from 1998 to 2012. More recently, he served as general counsel and chief legal officer for Birmingham-based Sterne Agee Group from 2012 to 2014.

85. Sisters Carry On Father’s Legacy at Bancroft Leasing -

For the Bancroft sisters, talking about best-fit leasing options for agricultural equipment comes as easily as navigating the Memphis streets they've known all their lives. Together, the pair make up the second generation of Bancroft Leasing, an equipment leasing brokerage company started by their father, Charlie Bancroft, in 1977.

86. Mark Mosteller Joins Evolve Bank & Trust -

Mark E. Mosteller Sr. recently joined Evolve Bank & Trust as executive vice president, accounting and finance.
The new role includes a variety of responsibilities, including management of the accounting and finance department team, accounting internal controls, internal and external financial reporting, budgeting and forecasting, taxes and treasury management. Mosteller also works with senior and executive management and the board on accounting, finance and operational issues.

87. Events -

Mid-South Association for Financial Professionals will meet Thursday, May 21, from 11:30 a.m. to 1 p.m. at Regions Bank, 6200 Poplar Ave. Memphis Mayor A C Wharton Jr. will discuss jobs and economic growth for the city of Memphis. Register at midsouthafp.org.

88. Events -

Sales and Marketing Society of the Mid-South will meet Wednesday, May 20, from 11:30 a.m. to 1 p.m. at Chickasaw Country Club, 3395 Galloway Ave. Bill Piper with Sandler Training will present “The Buyer Seller Dance.” Cost for nonmembers is $30 in advance or $35 at the door. Visit sms-midsouth.org.

89. Events -

The Center City Development Corp. board will meet Wednesday, May 20, at 9 a.m. in the Downtown Memphis Commission conference room, 114 N. Main St. Visit downtownmemphiscommission.com.

90. Events -

The Orpheum Theatre will present “Kinky Boots” Tuesday, May 19, through May 24 at the theater, 203 S. Main St. Visit orpheum-memphis.com or call 901-525-3000 for showtimes and tickets.

91. Events -

Dixon Gallery and Gardens will host Art After Dark: Movie Night Thursday, May 21, at Dixon, 4339 Park Ave. Bring a blanket and lawn chairs for live music at 6 p.m. and a screening of “The Big Lebowski” at 8 p.m. Free popcorn; wine, beer and soda available for purchase. Admission is free for members and $5 for nonmembers. Visit dixon.org.

92. East Tennessee’s Endangered 8 -

The East Tennessee Preservation Alliance’s list of endangered heritage sites for the region:

1. The Stonecipher-Kelly House in Morgan County was built around 1814 by the first permanent white settlers in that area, as part of a Revolutionary War land-grant.

93. Small Banks Find Ways to Compete With Giants -

Nashville’s InsBank began 15 years ago, founded by a group of insurance agents. Originally, it was known as Insurors Bank of Tennessee, its target market was independent insurance agents in the state. But that has changed somewhat over the years as the bank has evolved from that particular niche.

94. Pinnacle CEO Talks Memphis Plans in Wake of Acquisition -

Flush from its newly announced acquisition of Magna Bank and the hire of a team from First Tennessee Bank, the newest entrant into the Memphis banking market already is looking down the road, planning more hires and a careful expansion of Magna’s existing footprint.

95. US Home Sales Bounced Back in March, But Can the Gain Last? -

WASHINGTON (AP) – U.S. home sales bloomed in March after a brutal winter, a sign of possible newfound momentum for housing.

Sales of existing homes jumped 6.1 percent last month to a seasonally adjusted annual rate of 5.19 million, the National Association of Realtors said Wednesday. The gains were solid enough to suggest that housing might be returning to stable footing after enduring a boom, a bust and a stubbornly tepid recovery over the past dozen years.

96. Highland Capital Management Merges With Florida Firm -

Memphis-based investment firm Highland Capital Management has merged with a Florida-based financial firm.

Highland Capital has acquired the assets of ICC Capital Management, a combination that increases client assets under management at Highland to $2.8 billion. As a result, Highland’s parent company, Louisiana-based wealth management firm Argent Financial Group, is now responsible for client assets of more than $11 billion.

97. As Fed Weighs a Rate Hike, US Economy is Looking a Bit Paler -

WASHINGTON (AP) – Just as the Federal Reserve seems to be inching toward an interest rate hike because of the strengthening U.S. job market, its task is getting more complicated:

Several key sectors of the economy are flashing some signs of weakness.

98. Eakin: Rising Rents Hitting All of Middle Tennessee -

Selling business people on the idea of relocating to Nashville is easy for commercial real estate broker Barry R. Smith because he, too, bought into the city’s charm when he first came to town in 1981.

99. As Tastes Change, Big Food Makers Try Hipster Guises -

HUNTINGTON BEACH, Calif. (AP) – At a taco shop in Southern California, milkshakes are served in mason jars and a chalkboard menu lists "The 1%er" made with lobster meat.

The logo is a pink skull and instead of buzzers, customers are given license plates so servers can identify them when bringing out orders.

100. Ready.Fund.Grow! Offers Help for Women-Owned, Small Businesses -

Small and women-owned businesses will have new sources of capital and know-how in 2015, thanks to a new initiative, Ready.Fund.Grow!, being developed by Pathway Lending and the Tennessee Small Business Development Center (TSBDC), along with a new Women’s Business Center which will be operated by Pathways.