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VOL. 123 | NO. 37 | Friday, February 22, 2008

Banks, Trust Cos. Top Shelby Home Sellers

Of all the residential real estate storylines from the past year, perhaps the most intriguing was how trust companies and banks - not builders - wound up being the top home sellers in Shelby County.

RDC Seeks Remaining Approvals For Beale Street Landing

Beale Street Landing, the $29 million boat dock and riverfront attraction that has been planned for almost six years, has only a few regulatory hurdles left to clear.

Career Food Executive Finds New Employment in Reverse Mortgages

For more than 30 years, David Sorin owned and operated barbecue restaurants. Also during that time, he worked as a consultant, helping other people get their businesses up and running.

Charter Commission Greenlights Staggered Terms

The Memphis Charter Commission has approved the idea of staggered terms for City Council members.

Center City Hires Panhandler Patrol

The Center City Commission has approved the hiring of two security guards to help curb aggressive panhandling Downtown.

Local Weather
Today
Memphis, TN
60°F
Cloudy
Wind: 12 mph
Humidity: 83%

EVENTS

The National Black MBA Association Inc.will hold a "Strategy Development" workshop today at The Racquet Club of Memphis, 5111 Sanderlin Ave. "Leading Strategy into Action" will be held from 8:30 a.m. to noon, and "Competing in a Dynamic Environment" will run from 1 p.m. to 4 p.m. The event is free for members and $50 for nonmembers. Reservations are required and can be made by contacting Ann Strong-Jenkins at 679-3094 or psjenkins@comcast.net.

more events »

Wharton Says County Budget Shortfall At $16.5 Million

Breakstone, who recently paid $65,000 out of his own pocket at the closing of the sale of his home to cover the shortfall between what he owed and what the home sold for, was among those in attendance at Friday’s gathering. His situation was not the main thing Wharton intended to address reporters about at that meeting in the eighth floor conference room in the Shelby County Administration Building.

Too Much 'Rancor' Creeps in to Bass Pro Deliberations

Day two of the Bass Pro Pyramid road show came with political overtones, a quick exodus from a meeting room and agreement that the retailer probably won't pay any rent to the city and county.

Donor Buys Duplex for Agape

Thanks to a $70,000 donation from an anonymous benefactor, Agape Child and Family Services' Families in Touch (FIT) program will begin moving into new office space at the end of the month.

State Bill Would Limit Shelby Co. Officeholders to 1 Role

NASHVILLE (AP) - A proposal that would allow individuals in Shelby County to hold only a single elected office is advancing in the state Legislature.

TN Bill Would Penalize Those who Don't Report Serious Crimes

NASHVILLE (AP) - Legislation that would penalize a person for failing to report a crime that causes serious bodily injury or death is advancing in the state Legislature.

Business Group Says Economic Growth Will Weaken Further in Coming Months

NEW YORK (AP) - A gauge of future economic activity dropped for the fourth consecutive month in January, a business group said Thursday, suggesting the U.S. economy could weaken further in the near future.

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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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