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VOL. 123 | NO. 29 | Tuesday, February 12, 2008

Cincinnati Bank Proceeds With Suit Against First Horizon

Fifth Third Bank of Cincinnati wants a federal court to order Memphis-based First Horizon National Corp. not to touch Fifth Third's new signage and other property it recently installed at nine Atlanta-area bank branches.

200-Lot Subdivision Gives Hernando 'Something Different'

For 32 years, Richie Burnette has lived in Hernando and watched DeSoto County rise from a sleepy country community to a thriving metropolitan suburb.

Trumbull to Move Pathology Lab to Wolf River Medical Arts Bldg.

7550 Wolf River Blvd.

Bellevue Inn Shut Down After Daily News Investigation

The Bellevue Inn, a South Memphis motel featured in an Aug. 24 Daily News investigative story about prostitution, was closed as a public nuisance today by the Shelby County District Attorney General’s office.

Scrap Metal Companies File Claim Against City, State

Three Memphis scrap metal companies and the Tennessee Scrap Recyclers Association are taking the city of Memphis and the state of Tennessee to court over how the companies buy the metal from the public.

Local Weather
Today
Memphis, TN
60°F
Mostly Cloudy
Wind: 12 mph
Humidity: 51%

EVENTS

The National Association of Women Business Owners Memphis will host its Network Luncheon today from 11:30 a.m. to 1 p.m. at The Crescent Club, 6075 Poplar Ave., ninth floor. The topic will be "How to Build a 'Good Ole Girl' Network as Good as the 'Good Ole Boys!'" The cost is $25 for NAWBO members and $30 for nonmembers. To make a reservation, call 844-3738 or visit www.nawbomemphis.org.

more events »

Hickory Hill Residents Complain of Slow Storm Response

There was no looting last week in Hickory Hill, the section of Southeast Memphis hit harder than any other place in the city by a swarm of tornadoes that devastated a five-state region. So said Memphis Police Director Larry Godwin at a weekend meeting with about 60 area residents. "There was none," he stressed.

Poll Shows Most People Think US in Recession

WASHINGTON (AP) - Empty homes and for-sale signs clutter neighborhoods. You've lost your job or know someone who has. Your paycheck and nest egg are taking a hit.

Tennessee Primaries Provide Hints but no Solid Direction for Fall

KNOXVILLE (AP) - A week after the Super Tuesday primaries in Tennessee, political experts have combed through the numbers but are no more certain about how Volunteer State voters will swing in the presidential election in November.

Former Lt. Gov. Wilder Hospitalized With Pneumonia

NASHVILLE (AP) - Former Lt. Gov. John Wilder has been hospitalized since last week with pneumonia but his family says he's doing better and should be home soon.

Senate Votes to Extend State Commission on Indian Affairs

NASHVILLE (AP) - The state Senate has voted to extend the state's commission on Indian affairs by another year.

Thomas & Betts 4Q Earnings Fall, Predicts Lower ’08 Earnings

MEMPHIS (AP) - Electrical components maker Thomas & Betts Corp. said Monday its fourth-quarter earnings fell 5 percent, hurt by charges related to recent acquisitions. The company also issued a 2008 earning prediction under Wall Street's expectations, citing continued weakness in residential construction.

Lenders Offer Broader Mortgage Plan, Extends to Borrowers of All Loans, Not Just Subprime

WASHINGTON (AP) - Six major lenders agreed to widen their efforts to help borrowers of all loans - not just subprime - and allow seriously overdue homeowners to suspend foreclosures for 30 days while affordable loans are worked out.

Mailing a Letter Will Cost a Penny More Starting in May

WASHINGTON (AP) - It's time to stock up on Forever stamps.

Mattila Wins Trustee’s Post, Wharton Has Problems With Bass Pro Terms

Paul Mattila, a legislative assistant to the late Shelby County Trustee Bob Patterson, was appointed Monday to be the new Shelby County Trustee. In balloting by Shelby County Commissioners, Mattila beat Debra R. Gates, chief administrator under Patterson and interim Trustee since Patterson’s death last month.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 368 16,413
MORTGAGES 66 422 21,432
FORECLOSURE NOTICES 15 76 4,266
BUILDING PERMITS 176 877 39,378
BANKRUPTCIES 60 294 15,542
BUSINESS LICENSES 20 98 5,491
UTILITY CONNECTIONS 69 423 23,573
MARRIAGE LICENSES 17 95 5,035

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