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VOL. 124 | NO. 121 | Tuesday, June 23, 2009

UPDATE: Jobs Liver Transplant Confirmed By Methodist

Methodist Healthcare officials confirmed this evening that Apple Computers founder Steve Jobs was indeed in Memphis for a liver transplant sometime recently. The statement, posted on the Methodist website, does not say when the surgery was performed.

Speculation Rampant About Jobs’ Transplant

The state of Tennessee has sold the $1.3 million Midtown home once used to house the chancellor of the University of Tennessee Health Science Center.

Lamar Crossing Development Faces Foreclosure

Once a promising development in a blighted area, the $11.7 million Lamar Crossing Apartments has gone the way of so many other commercial properties in town – fenced in and foreclosed.

Biocontainment Laboratory Finished, Ready for Research

Gerald Byrne, the director of the Regional Biocontainment Laboratory, walked outside the fortress-like building and stepped inside an air-conditioned tent with a smile on his face Monday as he awaited guests to take through the new $25 million research facility.

The Daily News Picks Up Six Statewide Awards

The Daily News has won six awards from the University of Tennessee-Tennessee Press Association. The awards ceremony was held Friday in Chattanooga.

Local Weather
Today
Memphis, TN
66°F
Partly Cloudy
Wind: 10 mph
Humidity: 36%

EVENTS

The Alliance for Nonprofit Excellence will present a workshop titled “Best Practices in Internal Controls” today from 8:30 a.m. to noon at the Alliance office, 5100 Poplar Ave., Suite 502. Daniel Moore will lead the workshop. Cost is $65 for members, $125 for nonmembers and $55 for those in the Program for Nonprofit Excellence. For more information, call 684-6605 or visit www.npexcellence.org.

more events »

Weekend Events Draw Politicians in Droves

Before candidates take their quests for elected office to the public, they usually give them a road test before other politicos – allies and adversaries – to see if this is really what they want to do for the next year or so.

Winbranch Apartments Sold Following Foreclosure

3595 Millbranch Road, Memphis, TN 38116, Sale Amount: $4 Million -
The 460-unit Winbranch Apartments at 3595 Millbranch Road in Whitehaven sold June 4 for $4 million in a successor trustee’s sale following a foreclosure. The sprawling multifamily complex sold on the Shelby County Courthouse steps to an entity called LBUNS 2004-C4 Millbranch Road LLC, which is a local affiliate of Miami-based LNR Partners Inc.

Baker, Ford Share Political Opinions At Bar Convention

The family trade has skipped a generation, former U.S. Sen. Howard Baker noted at last week’s Tennessee Bar Association convention at The Peabody when speaking of his three grandsons and the law firm his grandfather founded.

High Court Rules Narrowly In Voting Rights Case

WASHINGTON (AP) – The U.S. Supreme Court ruled narrowly Monday in a challenge to the landmark Voting Rights Act, siding with a small Texas governing authority but sidestepping the larger constitutional issue.

Brown Leaving Cammack's Gubernatorial Campaign

NASHVILLE, Tenn. (AP) - Democratic strategist Mark Brown is leaving the gubernatorial campaign of Nashville businessman Ward Cammack.

Tanner Announces New Social Security Call Center

UNION CITY, Tenn. (AP) - U.S. Rep. John Tanner has announced that a new call center for Social Security beneficiaries will be based in Jackson and employ about 175 workers.

Democratic Rep. John Litz to Retire in 2010

MORRISTOWN, Tenn. (AP) - Democratic state Rep. John Litz says he will retire from the General Assembly after the next legislative session.

Tenn. Sen. Beavers to Give Up Seat, Run For Mayor

LEBANON, Tenn. (AP) - Tennessee Republican Senate Judiciary Chairwoman Mae Beavers says she will run for Wilson County mayor next year instead of seeking re-election to the General Assembly.

Walgreen Fiscal Q3 Profit Falls 9 Percent

NEW YORK (AP) - Drugstore operator Walgreen Co. said Monday its profit fell 9 percent in the fiscal third quarter despite improving sales as greater expenses, including those related to its reorganization efforts, reduced its income.

FTC Requests More Info from Merck, Schering-Plough

NEW YORK (AP) - Drugmakers Merck and Co. and Schering-Plough Corp., which are in the process of a $41.1 billion tie-up, said Monday the Federal Trade Commission has asked for more information about the deal.

Obama Signs Anti-Smoking Bill, Cites Own Struggle

WASHINGTON (AP) - President Barack Obama cited his own long struggle to quit the cigarettes he got hooked on as a teenager as he signed the nation's strongest-ever anti-smoking bill Monday and praised it for providing critically needed protections for kids.

Obama Announces Agreement With Drug Companies

WASHINGTON (AP) - President Barack Obama on Monday welcomed the pharmaceutical industry's agreement to help close a gap in Medicare's drug coverage, calling the pact a step forward in the push for overhaul of the nation's health care system.

Democrats May Go It Alone on Gov't Insurance Plan

WASHINGTON (AP) - Democrats generally are standing behind their position that a health care system overhaul must include a government-sponsored plan that would be available to middle-class workers and their families.

Muni Bond Regulator Seeks Disclosure by Banks

WASHINGTON (AP) - Investment banks would be required to disclose contributions they make to municipal bond ballot drives under a proposal to be announced Monday by an industry regulator.

Talks to Resume Between Globe Union, Management

BOSTON (AP) - The Boston Globe and its largest labor union are scheduled to resume negotiations over how best to achieve $10 million in contract concessions.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 52 136 5,209
MORTGAGES 79 182 6,891
FORECLOSURE NOTICES 13 50 1,606
BUILDING PERMITS 328 328 12,307
BANKRUPTCIES 70 175 5,475
BUSINESS LICENSES 30 58 2,119
UTILITY CONNECTIONS 85 182 7,240
MARRIAGE LICENSES 19 43 1,501

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