RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 76 299 13,994
MORTGAGES 100 447 24,994
FORECLOSURE NOTICES 43 206 8,743
BUILDING PERMITS 143 608 28,535
RECORD TOTALS DAY WEEK YEAR
BANKRUPTCIES 100 177 15,422
BUSINESS LICENSES 23 93 4,189
UTILITY CONNECTIONS 110 434 21,183
MARRIAGE LICENSES 24 120 3,941
Vol. 123 Monday, September 08, 2008 No. 175

Architecture Month Brings Design to Forefront

For the past four years, the Memphis chapter of the American Institute of Architects and Memphis Heritage Inc. have set aside one month to give the public a unique look inside the world of architecture by offering activities, films, lectures and more.

Mortgages Decline 40 Percent In August

“New normal” is how West Beibers, president of Delta Trust Mortgage Corp., describes the state of the mortgage industry right now. With residential lending still down and no signs of improvement anywhere in sight because of tightened lending guidelines, it appears to be an apt description.

Jobless Rate Jumps To 5-Year High

WASHINGTON (AP) – The nation’s unemployment rate zoomed to a five-year high of 6.1 percent in August as employers slashed 84,000 jobs, dramatic proof of the mounting damage a deeply troubled economy is inflicting on workers and businesses alike.

Entrepreneurial Spirit Leads Williams To Create Cleaning Business

By the time she was 24, Catrina Williams knew she did not want to work for someone else.

Transportation Dept. Almost Out of Highway Funds

WASHINGTON (AP) - Transportation Secretary Mary Peters says the federal highway trust fund will run out of money this month.

LOCAL WEATHER

Today
Memphis, TN
85°F
Partly Cloudy
Wind: 7 mph
Humidity: 41%

EVENTS

The Memphis Bar Association will hold its first Bench Bar Cup-Golf Tournament & CLE today from 11:30 a.m. to 4 p.m. at Ridgeway Country Club, 9800 Poplar Ave. Jon McCalla, chief judge of the U.S. District Court for the Western District of Tennessee, will present a one-hour, dual-credit seminar. Cost for golf, continuing legal education and lunch is $130. Cost for CLE and lunch is $45 and cost for lunch only is $25. For more information, visit www.memphisbar.org or call 527-3573.

TSU Plans Layoffs to Offset Possible $6M Deficit

NASHVILLE, Tenn. (AP) - Tennessee State University officials say they may have to lay off employees, combine classes and drop students from school rolls, largely because of a weak economy and fewer out-of-state students.

Boeing, Machinists Union Meet with Mediator

SEATTLE (AP) - Representatives from Boeing Co. and the machinists union met with a federal mediator Thursday as the clock ticked on an unusual two-day contract extension after union production workers soundly rejected a contract offer and voted to strike.

Medtronic Product Linked to Surgery Problems

A potent substance used in spine-repair surgery to promote bone growth has been linked to life-threatening complications in dozens of patients.

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