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VOL. 123 | NO. 217 | Wednesday, November 5, 2008

Shelby Goes Obama; Conrad To Council; All 10 Charter Amends Pass

Joyner Is New Collierville Mayor; Williams Squeaks By In School Board Race

These are the unofficial election results for Shelby County. The state-wide results in the Presidential election as well as the U.S. Senate races in Tennessee and Mississippi are also included.

California Group Sues Big Foot Lodge Owner

A California-based restaurant ownership group has filed a trademark infringement lawsuit in U.S. District Court for the Western District of Tennessee against two Memphis restaurant owners who operate a similar restaurant concept here.

UT Offers New Nursing Degree

The University of Tennessee Health Science Center is making it easier for people to join the profession from other fields with a first-of-its-kind master’s degree program in Memphis.

Fitness Company to Build $8.5M Facility in G’town

Memphians will have a new place to work out once Lexington, Ky.-based Urban Active Fitness completes its plan to bring an $8.5 million, 48,000-square-foot fitness facility to Wolf Trail Cove in Germantown.

Wright Medical Group Earnings Surge

The stock of Wright Medical Group was up almost 10 percent Tuesday morning, the day after the Arlington-based medical device company announced a big increase in operating income for the third quarter.

Local Weather
Today
Memphis, TN
62°F
Mostly Cloudy
Wind: 9 mph
Humidity: 80%

EVENTS

Talk Shoppe will present “The Greening of the Mid-South: How You Can Help While Saving on Your Utility Bill” with environmental conditioning specialist Mark Cardona today from 9 a.m. to 10 a.m. at the Better Business Bureau of the Mid-South, 3693 Tyndale Drive. For more information, call Jo Garner at 759-7808.

more events »

19X Pulls Out Of Plans To Take CKX Private

NEW YORK (AP) – 19X Inc. has backed out of its plans to take CKX Inc., which holds the rights to the name and likeness of Elvis Presley and Muhammad Ali, private because of current economic conditions.

Merck: More Lawsuits, Justice Probe Over Vytorin

TRENTON, N.J. (AP) – Lawsuits against Merck & Co. and partner Schering-Plough Corp. related to their marketing of cholesterol drug Vytorin are piling up, and the U.S. Department of Justice has begun investigating the drugmakers' conduct, according to a regulatory filing.

Head Selected as Director Of SWTCC Library

Carolyn Head has been selected to serve as executive director of Library Services for Southwest Tennessee Community College.

Greenspan Denies Blame for US Crisis, Admits Flaw

WASHINGTON (AP) – Badgered by lawmakers, former Federal Reserve Chairman Alan Greenspan denied the nation's economic crisis was his fault but conceded on Thursday that the meltdown had revealed a flaw in a lifetime of economic thinking and left him in a "state of shocked disbelief."

Reward Offered in Bank Letter Threat

WASHINGTON (AP) – At least a dozen more suspicious letters turned up Wednesday at U.S. financial institutions, but all appear to be harmless, the FBI said.

FCC to Probe Pricing Policies of Cable, Verizon

PHILADELPHIA (AP) – The Federal Communications Commission has opened an investigation into the pricing policies of major cable operators and Verizon Communications Inc.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 81 217 5,290
MORTGAGES 94 276 6,985
FORECLOSURE NOTICES 22 72 1,628
BUILDING PERMITS 384 712 12,691
BANKRUPTCIES 66 241 5,541
BUSINESS LICENSES 27 85 2,146
UTILITY CONNECTIONS 52 234 7,292
MARRIAGE LICENSES 10 53 1,511

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The Memphis News: Business, politics, and the public interest.