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VOL. 123 | NO. 24 | Tuesday, February 5, 2008

'A Piece of the Action'

Presidential hopeful says today's Super Tuesday contest not the end

The Tennessee presidential primary has come earlier this election year than it ever has in its 36-year history and it's never been more relevant to the battles for the presidency within both parties.

Mortgage Refinancing Business Picks Up

Low interest rates have sparked a flurry of home refinancing, giving the mortgage industry a shot in the arm it needed to cope with an anemic housing market.

Official Sale Papers Filed For Ridgeway Trace Target

Sale of land for Target, In Ridgeway Trace, Sale Amount: $14.2 million -
A roughly 10-acre lot in Ridgeway Trace Center, a nearly 30-acre retail development at 5963 Poplar Ave. near Interstate 240. Though a deal between Weingarten Realty Investors and Target was first announced in December, a document filed last week with the Shelby County Register of Deeds shows sale papers were signed in mid-January.

Word of Obama Visit False

Late Sunday night and even into Monday, Memphis-area supporters of one of the two leading Democratic presidential candidates were still trying to piece together what had occurred. So were the folks at the Memphis Center for Independent Living (MCIL), an advocacy group for people with disabilities.

Officials Deny Rumors That Peabody Place Theater to Close

Two employees at Muvico Entertainment LLC in the Peabody Place Retail and Entertainment Center shot a glance at each other when they were approached Friday and asked about the theater's imminent closure.

Local Weather
Today
Memphis, TN
70°F
Cloudy
Wind: 9 mph
Humidity: 33%

EVENTS

The Memphis Rotary Club will meet today at noon in the Steamboat Room of the Memphis Cook Convention Center, 255 N. Main St. A lunch buffet will be provided for $18. Shelby County Sherriff Mark Luttrell will speak on "What Citizens Can Do to Lower Crime." Reservations should be made to Taylor Hughes at 526-1318 or taylor@memphisrotary.org.

more events »

Can Jobless Benefits Boost Economy?

WASHINGTON (AP) - For a bipartisan majority of senators, providing three or six months of extra unemployment checks to more than 1 million jobless people is a better way to dig the economy out of a recession than just printing tax rebate checks.

Factory Sales Up in December, Down Overall for Year

U.S. factories saw demand for their products rise in December by the largest amount in five months, a spot of welcome news that failed to change the picture of an economy struggling to stay afloat.

State Senate Approves Creation of High School Civics Scholarships

NASHVILLE (AP) - The Senate has unanimously approved a bill to create civic education scholarships around the state.

Lawmakers Deny Hidden Agenda in Handling of Disputed Cable Bill

NASHVILLE (AP) - House Speaker Jimmy Naifeh on Monday denied there's been a lack of transparency in the handling of a contentious proposal to change cable permitting rules in Tennessee to encourage broadband access around the state.

Tenn. Senate Passes Exemption for Churches for 'No Smoking' Signs

NASHVILLE (AP) - The state Senate has unanimously passed a bill to exempt churches from a state law that requires "No Smoking" signs be posted at their entrances.

State Senate Votes to Excuse Students to Visit Military Parents Abroad

NASHVILLE (AP) - The state Senate has unanimously passed a proposal to give students up to 10 days of excused absence from school to visit a parent or guardian in the military who is stationed abroad.

Wilder Lends $500K to his Re-Election Campaign

NASHVILLE (AP) - If state Sen. John Wilder doesn't win re-election this year, it won't be for lack of money.

Bush's Record $3.1 Trillion Budget Would Bring Big Increase for Military – and Federal Deficit

WASHINGTON (AP) - The budget President Bush sent Congress has about as much chance of approval as he does of serving a third term. And given the fiscal nightmare facing the next president, it might seem a wonder anyone else wants the job.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 35 250 5,016
MORTGAGES 60 382 6,608
FORECLOSURE NOTICES 0 38 1,517
BUILDING PERMITS 179 720 11,979
BANKRUPTCIES 54 257 5,216
BUSINESS LICENSES 24 89 2,025
UTILITY CONNECTIONS 92 443 6,907
MARRIAGE LICENSES 16 81 1,422

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