VOL. 123 | NO. 27 | Friday, February 8, 2008

Rebuilding, security efforts top of mind in Hickory Hill
It's not repair work. It's rebuilding in Hickory Hill. That's how the team of local emergency responders described the immediate task in the community hit harder by Tuesday evening's storms than any other part of Memphis.
For some people in Shelby County, it's no surprise when the tax man comes knocking after unpaid property taxes have begun to mount. Vince Vaghela, whose Mississippi-based development company wants to convert a Downtown Memphis high-rise into a hotel, is not one of those people.
Who freed the slaves? The answer is more complex and relevant than the question's simplicity and tense might suggest, author and Yale University history professor David W. Blight said recently.
The National Association of Manufacturers and other groups are proposing a cut to the long-term corporate capital-gains tax, but how much that move would directly benefit Memphis' manufacturing businesses remains unclear.
Working with Indianapolis-based advertising agency Young & Laramore, Memphis-based Ugly Mug Coffee Co. has put on a new face, so to speak, with a new look for its products.
1st Trust Bank for Savings officially became Magna Bank in May after the executives and directors of the eight-year-old institution decided the original name didn't stand out, but merely blended in with all the other financial institutions containing "1st" in their titles.
At least one Memphis City Council member expects changes to the tentative terms of a development agreement between local government and Bass Pro Shops for use of The Pyramid. Meanwhile, the developer of the rival Pyramid Harbor project has made some changes to his plans already.
NASHVILLE (AP) - Tennessee's overall revenues fell $110,000 below projections in January, mainly because of a drop in sales tax collections.
Memphis City Council and Memphis Charter Commission member Janis Fullilove left her colleagues on the Charter Commission puzzled Thursday afternoon following an emotional attack on the idea of term limits.
WASHINGTON (AP) - Senators on Thursday said Fannie Mae and Freddie Mac should play a bigger role in helping struggling homeowners even as they called for tighter oversight of the government-sponsored mortgage finance companies.
NASHVILLE (AP) - Tennessee lawmakers say they sympathize with Georgia's water shortages but they will oppose an effort by its lawmakers to redraw the states' border.
CHATTANOOGA (AP) - Gov. Phil Bredesen says he wants to recruit more quality teachers to the state.
The recovery effort from Tuesday’s storms that killed three people in Memphis and 32 across Tennessee is moving beyond the initial shock at week’s end over the human and property loss.
It hasn’t yet been a week since the storms that wreaked havoc across the Memphis area Tuesday produced a tornado that smashed through the Hickory Ridge Mall and tore out a wall of the mall’s Sears store, among other damage it caused.