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VOL. 132 | NO. 65 | Friday, March 31, 2017

Daily Digest

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People Names St. Jude One of '50 Companies That Care'

People magazine has named St. Jude Children’s Research Hospital as one of its “50 Companies That Care.”

The ranking highlights U.S. companies with 1,000 or more employees that succeed in business while demonstrating respect, compassion and concern for their communities, employees and the environment.

With a ranking of No. 7, St. Jude is the only Memphis organization, and one of two Tennessee-based organizations to be included. Nashville-based Pinnacle Financial Partners came in at No. 20.

The list is based on nearly 370,000 employees’ responses to survey questions, which asked them to rate how their companies treat them on a day-to-day basis, along with personal stories about the difference their workplaces have made in their lives and communities. Other factors included the generosity of an organization’s benefits, financial donations and volunteerism.

The inclusion of St. Jude in the “50 Companies That Care” ranking follows the hospital’s seventh consecutive year being selected for Fortune magazine’s “100 Best Companies to Work For” list.

– Daily News staff

Section of Interstate 55 Closing Over Weekend

A section of Interstate 55 where an abandoned Union Pacific Railroad bridge crosses over the interstate will be closed starting Friday, March 31, at 7 p.m. until Monday at 6 a.m.

The closing is to remove the section of rail bridge.

During the closing, I-55 northbound traffic will be detoured at the I-55/I-240 junction. Southbound traffic will be detoured at the Interstate 40/I-55 junction.

I-55 southbound local traffic will detour at Exit 11, which is the West McLemore Avenue/Presidents Island exit.

Northbound local traffic on I-55 will use Exit 10, the South Parkway West exit.

– Bill Dries

Rack Room Opens In Shops at Millington Farms

Family footwear retailer Rack Room Shoes opened the doors to its newest location on Thursday, March 30, in the Shops at Millington Farms.

Located just off U.S. 51, the new 6,000-square-foot store is part of a recent expansion in the shopping center.

Rack Room Shoes is known for its ongoing “Buy One Get One 50 Percent Off” promotion and carries a wide selection of brand-name shoes for men, women and children.

“Previously, families in the area had a 25-mile drive to our nearest store,” regional manager Allen McClure said in a release. “We’re looking forward to offering a new footwear destination for residents who want to stay and shop locally in their community.”

Store hours are Monday through Saturday, 10 a.m. to 9 p.m., and Sunday, noon to 6 p.m.

– Daily News staff

Evolve Bank & Trust Announces New CFO

Memphis-based Evolve Bank & Trust has named Mark Mosteller as its new executive vice president and chief financial officer.

Mosteller has been with the bank since May 2015 and has been leading the company’s finance and accounting group. He has more than 25 years of experience in leading finance and accounting organizations, and over the course of his career has served as the CFO of GTx Inc., the COO of Union Planters Mortgage and was audit senior manager for Ernst & Young.

Evolve currently operates three bank loan production offices and four full-service retail bank branches in Arkansas and Tennessee and has more than 30 mortgage production offices across the country.

– Andy Meek

FedEx Express Hosting Job Fair

FedEx Express will host a job fair Saturday, April 1, from 8:30 a.m. to 3 p.m. at 2874 Business Park Drive, Building D.

The company said 1,000 permanent part-time positions are available.

Hourly rates start at $12.62 per hour with a minimum of 17.5 hours per week guaranteed, plus medical, vision and dental benefits, tuition assistance and opportunities for growth within the company.

Applicants must be at least 18 years old, be able to lift 75 pounds, and are subject to a criminal background check and drug test. There are no minimum education requirements.

– Patrick Lantrip

Feast on the Farm Set June 10 at Agricenter

Agricenter International’s Feast on the Farm will be held from 6 p.m. to 11 p.m. on June 10 at Agricenter’s Expo Center.

All proceeds from the event will support Agricenter International, which is a nonprofit dedicated to agricultural research, education and conservation and has educated tens of thousands of students.

The evening will feature food prepared by some of the area’s finest chefs. There will also be live and silent auctions, musical entertainment, dancing and more.

VIP tables of eight are $1,500 and come with preferred event seating, wine at the table, and valet parking. Individual tickets are $125 and are open seating.

Visit agricenter.org/feast for more information or to purchase tickets.

– Don Wade

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 101 603 9,602
MORTGAGES 92 538 10,616
FORECLOSURE NOTICES 3 40 1,289
BUILDING PERMITS 215 1,282 20,958
BANKRUPTCIES 51 408 6,108
BUSINESS LICENSES 20 154 3,939
UTILITY CONNECTIONS 31 124 2,892
MARRIAGE LICENSES 21 111 2,021