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VOL. 125 | NO. 170 | Wednesday, September 1, 2010

Female CRE Pros Have Local Home

Carol Slone knows it takes networking to secure new clients and to close deals.

Business Sense

Incoming Shelby County mayor emphasizes economic development

Shelby County’s new mayor got an early start on letting the county’s business community know it will have an ally in the big office at 160 N. Main St.

Zoo to Open Ice Skating Rink in November

Memphians soon will have a reason to get their ice skates out of the closet or to even go buy new ones.

Power Center Partners With A2H On Marina Cove Project

A Hickory Hill community development corporation unveiled a five phase plan Tuesday evening for developing the old Marina Cove Apartments.

Strickland Community Center Plan Draws Hostile Response

Memphis City Council member Jim Strickland put his idea of offering to let non profits run some or all of the city’s community centers to a tough test Tuesday evening at the Gaisman Park Community Center.

Vaco Banks on City’s Logistics Strength

Vaco, a specialized upper-management and executive staffing and consulting firm based in Nashville with 24 offices around the country, including Memphis, has seen tremendous growth since its founding in 2002.

City Dealing With Nepotism Controversy

Nepotism happens in government, but it had nothing to do with the firing of the city’s public records coordinator, said city Chief Administrative Officer George Little.

Grubb & Ellis’ deWitt Appointed To MAAR Commercial Council

Greg deWitt of Grubb & Ellis Co. has been appointed to the Memphis Area Association of Realtors Commercial Council. He will take over one of the council’s director seats next year before becoming the council’s vice president in 2012.

St. Jude Gets NFL Spotlight

FOX Sports has chosen St. Jude Children’s Research Hospital for its charitable initiative during this year’s NFL Season.

Two Lines of Insurance Can Attract Employees

As a small-business owner, you do your best to attract and keep good employees. One benefit you can offer that might set you apart from other employers is insurance.

Be a Seller, Not a Beggar

Picture this. You deliver a great sales pitch. Your prospect gives you strong buying signals. As the meeting ends, your prospect says that they are likely to move forward and will call in a couple days to finalize things. Swoosh! Nothing but net!

STATEWIDE

Study Shows Healthy Lottery Scholarship Outlook

NASHVILLE (AP) — A recent study shows that Tennessee Education Lottery Scholarship programs are healthier than previously thought.

NATIONAL BUSINESS

Americans’ Economic Confidence Ticks Up Slightly

NEW YORK (AP) – Americans’ confidence in the economy improved slightly in August, but the mood is still gloomy amid job worries, according to a monthly survey.

Home Prices Rise In 17 Cities in June

WASHINGTON (AP) – Home prices rose in June for a third straight month as now-expired tax credits inspired a burst of home-buying. But prices are expected to fall through the rest of the year now that demand has faded.

SEC Warns Agencies Against Deceptive Ratings

WASHINGTON (AP) – Federal regulators are warning credit rating agencies that they could face civil fraud charges for giving inaccurate ratings to investments.

Stock Investors Brace for Another Ugly September

CHICAGO (AP) – The economy is weakening, home sales are plunging and stocks are on a long slide. Now comes something even scarier for investors – the beginning of what is traditionally the worst month in the market.

NATIONAL POLITICS

Fed officials discussed further stimulus steps

WASHINGTON (AP) — Federal Reserve officials signaled at their August meeting that they would consider going beyond a modest program to purchase government debt if necessary to boost the economy.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 75 255 11,693
MORTGAGES 72 295 15,274
FORECLOSURE NOTICES 3 71 2,982
BUILDING PERMITS 0 392 27,646
BANKRUPTCIES 62 280 11,242
BUSINESS LICENSES 35 98 4,136
UTILITY CONNECTIONS 94 516 17,000
MARRIAGE LICENSES 18 80 3,544

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