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VOL. 124 | NO. 128 | Thursday, July 2, 2009

TV Ad at Center of FedEx, UPS Feud

Shipping rivals FedEx Corp. and UPS Inc. will be back in Memphis federal court July 13 for a routine scheduling conference related to a lawsuit over a television commercial.

Burch Porter Touts Usefulness Of Legal Network

Burch Porter & Johnson PLLC has a solid reputation in the Memphis area, but as a member of the ALFA International Global Legal Network, the law firm is able to expand its influence throughout the U.S. and internationally.

Cohen’s War Chest Gets Deeper in June

U.S. Rep. Steve Cohen estimates his 2010 re-election campaign fund will top $600,000 after closing out June with a pair of fundraisers. The Memphis Democrat’s account stood at more than $400,000 at the start of the second quarter that ended Tuesday.

TruGreen’s Courtney Touts Benefits of In-House Practice

Tom Courtney is vice president and associate general counsel for TruGreen, TruGreen LandCare and TruGreen LawnCare, all of which are business units of Memphis-based The ServiceMaster Co. Courtney has been at ServiceMaster since January 2007. He leads a team of two lawyers and three paralegals dedicated to providing direct business unit legal advice to the TruGreen companies.

The MED to Close American Way Clinic

The Health Loop on American Way will not be part of the package when The Regional Medical Center at Memphis spins off its clinics as part of a comprehensive overhaul of the county-owned hospital.

Local Weather
Today
Memphis, TN
63°F
Cloudy
Wind: 9 mph
Humidity: 60%

EVENTS

The Tennessee Department of Revenue will hold its next free bimonthly new business workshop today from 9 a.m. to noon at the Renaissance Business Center, 555 Beale St. To register, call 213-1400 or visit www.tn.gov/revenue.

more events »

Gov. Candidates Raise Big Money In Bad Economy

NASHVILLE (AP) – Two top candidates for Tennessee’s Republican gubernatorial nomination say they expect to report large fundraising totals despite the poor economy.

Ex-Police Officer Sentenced to Life Plus 255 Years

MEMPHIS, Tenn. (AP) - A federal judge on Wednesday sentenced a former Memphis police officer convicted of stealing drugs, money and merchandise from drug dealers to a prison term of life plus 255 years.

Democratic Rep. Cobb to Resign from Tenn. House

SHELBYVILLE, Tenn. (AP) - Democratic state Rep. Curt Cobb announced Wednesday that he is resigning from his seat in the Legislature to take a judicial position in Bedford County.

Tenn. Ag Department Honored for Military Support

NASHVILLE, Tenn. (AP) - The Tennessee Department of Agriculture has been honored for supporting employees deployed as citizen soldiers.

Mississippi's Still Fattest; Tenn.'s Obesity Rate Rises

WASHINGTON (AP) - Mississippi's still king of cellulite, but an ominous tide is rolling toward the Medicare doctors in neighboring Alabama: obese baby boomers.

Attorney Says Stanford CFO Makes Plea Deal

HOUSTON (AP) - The former chief financial officer of indicted Texas financier R. Allen Stanford's business empire will plead guilty to charges alleging he helped swindle investors out of $7 billion, his attorney said Wednesday.

Construction Spending Falls More Than Expected

WASHINGTON (AP) – Construction spending fell more than expected in May, a sign the problems facing the nation’s builders are far from over.

Freddie Mac Gets Another $6.1B from Gov't

NEW YORK (AP) - Battered mortgage giant Freddie Mac received $6.1 billion in new funds from the Treasury Department to help offset its mounting liabilities, according to a regulatory filing submitted Wednesday.

SEC Approves Rule on Pay Disclosure for TARP Firms

WASHINGTON (AP) - The Securities and Exchange Commission on Wednesday unanimously approved rules requiring greater transparency for executive compensation at bailed-out firms and all public companies.

Gov't Won't Fund GM After July 10, Official Says

NEW YORK (AP) - A senior member of President Barack Obama's auto task force testified Wednesday that the U.S. government will not continue to fund General Motors Corp.'s operations if the automaker doesn't get approval to sell its assets to a new company within the next 10 days.

Gov't Foreclosure Help Will Reach More Homeowners

WASHINGTON (AP) - The Obama administration is expanding a program to stave off foreclosure for borrowers who owe more than their homes are worth.

FDA Requires Chantix, Zyban to Have Warning

NEW YORK (AP) - The U.S. Food and Drug Administration will require two smoking-cessation drugs, Chantix and Zyban, to carry the agency's strongest safety warning over side effects including depression and suicidal thoughts.

Is Twitter the News Outlet for the 21st Century?

NEW YORK (AP) - Cassy Hayes and Jasmine Coleman were among the first fans to arrive outside the Ronald Reagan UCLA Medical Center in Los Angeles where Michael Jackson was brought and later pronounced dead.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 57 307 5,073
MORTGAGES 101 483 6,709
FORECLOSURE NOTICES 22 77 1,556
BUILDING PERMITS 0 720 11,979
BANKRUPTCIES 84 341 5,300
BUSINESS LICENSES 36 125 2,061
UTILITY CONNECTIONS 152 594 7,058
MARRIAGE LICENSES 36 117 1,458

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