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VOL. 125 | NO. 167 | Friday, August 27, 2010

Katrina’s Lessons Still Resonate for Local Charities

Memphis nonprofit organizations and churches that helped Hurricane Katrina evacuees five years ago have built upon that experience to set up an improved disaster response network.

‘South Main’s Got It’

Arts district thrives despite ever-changing landscape

The South Main Historic Arts District could be viewed as a microcosm of all of Downtown. In decades past, it experienced a heyday and a dramatic decline. In recent years, it’s made a slow but thorough comeback.

New CEO Says Trust One Is Eager to Loan

Trust One Bank is eager to loan money to qualified borrowers who need it, says the new president and CEO of Synovus Financial Corp.’s community bank in Memphis.

Services Won’t Overlap Under Proposed Metro Government

Memphis taxpayers will still pay two property tax rates under a consolidated local government. But the urban and general services taxing districts will not duplicate services.

Court Ruling Renews School Funding Issue

There is the installment plan and there is a special tax bill.

Local Weather
Today
Memphis, TN
91°F
Partly Cloudy
Wind: 7 mph
Humidity: 48%

EVENTS

The Ronald McDonald House of Memphis will hold the Buddy Up Fore Kids Golf Tournament Friday from 8 a.m. to 1:30 p.m. at the Links of Cottonwoods in Tunica. All proceeds will benefit Ronald McDonald House. Cost is $125 per player and $500 per group. For more information, contact Buddy Ritchey at 409-3787 or britchey@johngreen.com.

more events »

Soccer, Music Fest Adds to Mike Rose Complex Offerings

Stranger combinations have come off well – chocolate and peanut butter, poodles and golden retrievers, for example – but organizers of this week’s Soccer Rocks Festival and Copa Memphis soccer tournament hope to add soccer and rock music to the list of successful hybrids.

Mainstream Events Launches Biz With ‘Battle for a Cure’

Any contest billed as a “battle of the bands” tends to attract throngs of people who want to see how their favorite musical group stacks up to the competition.

Volunteers Sought for Diabetes Study

Diabetes for Life needs more volunteers for a five-year demonstration project funded by a $2 million grant from The Merck Co. Foundation to reduce health disparities.

Youth Isn’t a Hurdle for Red Door Founder Phillips

The scant number of years John Phillips V has under his belt relative to others in his chosen industry is not lost on him.

The Un-Fair

What’s happened to the fair just isn’t fair.

STATEWIDE

SMW Automotive to Create 170 Jobs in Tennessee

NASHVILLE (AP) – SMW Automotive will open a plant at Shelbyville and Tennessee officials say the $26 million capital investment will create 170 jobs over five years.

NATIONAL BUSINESS

New Jobless Claims Drop for First Time in 4 Weeks

WASHINGTON (AP) – New requests for unemployment benefits fell sharply last week, the first decline in a month and a hopeful sign after a raft of negative economic reports.

Mortgage Rates Hit Low of 4.36 Percent

NEW YORK (AP) – Mortgage rates fell to the lowest level in decades for the ninth time in 10 weeks, as concerns grow that the economy is weakening.

One in 10 With a Mortgage Face Foreclosure

WASHINGTON (AP) – One in 10 American households with a mortgage was at risk of foreclosure this summer as the government's efforts to help have had little impact stemming the housing crisis.

NATIONAL POLITICS

Government Appeals Ruling on FCC Indecency Rule

WASHINGTON (AP) – Federal regulators are appealing a recent court decision that struck down a 2004 government policy that says broadcasters can be fined for allowing even a single curse word to be uttered on live television.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 54 266 12,031
MORTGAGES 111 406 15,756
FORECLOSURE NOTICES 0 80 3,103
BUILDING PERMITS 0 606 28,832
BANKRUPTCIES 73 364 11,671
BUSINESS LICENSES 17 119 4,274
UTILITY CONNECTIONS 121 549 17,732
MARRIAGE LICENSES 23 104 3,668

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