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VOL. 126 | NO. 28 | Thursday, February 10, 2011

Tn. House Approves Schools Bill

The Tennessee state House approved the schools consolidation bill Thursday on a 64-31 vote sending the legislation to the desk of Gov. Bill Haslam.

Chamber Preps Red Carpet for Mitsubishi

The Greater Memphis Chamber has begun sending out invitations to an event Monday at The Peabody hotel at which a significant announcement will be made.

Take Heart

MCAC plans annual Valentine Auction

Memphis artist Mary Long Postal is frequently asked to donate her work to raise funds for worthy causes.

U.S. Foodservice to Stay in Hickory Hill

The Memphis division of U.S. Foodservice Inc. has agreed to stay in Hickory Hill and not move to Olive Branch, Miss.

MIFA Names New Executive Director

After a three-month search, the Metropolitan Inter-Faith Association has named Sally Jones Heinz as the organization’s new top executive.

Local Weather
Today
Memphis, TN
67°F
Mostly Cloudy
Wind: 7 mph
Humidity: 90%

EVENTS

The Alliance for Nonprofit Excellence will hold a workshop Thursday from 8:30 a.m. to 3:30 p.m. at its office, 5100 Poplar Ave., suite 502. Participants will review best practices of fundraising and critical issues that must be addressed to be successful in a challenging economic environment. Cost is $99 for members, $150 for nonmembers and $89 for those in the Program for Nonprofit Excellence. For more information, call 684-6605 or visit www.npexcellence.org.

more events »

Luttrell: Amendment Rumors in Schools Standoff

Shelby County Mayor Mark Luttrell says there might be some attempt to amend the schools consolidation bill up for a vote Thursday in Nashville.

Dotzour Outlines CRE Future at MAAR Summit

For this year’s version of the commercial real estate industry to differ from 2010, the economy needs one thing – jobs.

Blues City Thrift to Bring New Retail Concept to Memphis

It was the convergence of two very different needs that brought transplanted Memphians Amy Hoyt and Peter Baur together, but now the pair is working toward a single goal: the launch of Blues City Thrift.

Next Schools Step Murky After Thursday Vote

In the Tennessee General Assembly, everything comes down to votes sooner or later.

Timing Increasingly a Factor in Schools Standoff

The schools consolidation bill crafted by Senate Republican leader Mark Norris of Collierville has had a huge impact on the far-flung local discussion and debate over a possible consolidation of the county’s two public school systems.

U of M Symposium to Discuss City’s Place in Law

Memphis over the years has been at the center of riveting, controversial and far-reaching court cases.

Ford & Harrison Beefs Up Practice With Meyers Addition

Ford & Harrison LLP has added to its Memphis office a new attorney who focuses on labor and employment law.

Should You Borrow for Your IRA?

Ray’s Take: When that first W-2 arrives you know it is tax season, which for some people will last longer than the 2011 baseball season.

Good English, Plus ‘Who am I?’

True story. It happened in front of me.

STATE LEGISLATURE

Tenn. Funding Board Sets Growth Projections

NASHVILLE (AP) – The State Funding Board has projected that Tennessee's general fund revenues could be up to $162 million more than expected this budget year.

Senate Panel to Hear Tenn. English License Bill

NASHVILLE (AP) – A measure that would require Tennessee's driver's license test to be given only in English is more likely to pass this session despite concerns from some opponents that it will hurt the state's economic development.

NATIONAL BUSINESS

JPMorgan Says it Did Nothing Wrong in Madoff Fraud

NEW YORK (AP) – The bank where Bernard Madoff kept his clients' money is defending itself against allegations that it should have done more to stop his massive fraud.

NATIONAL POLITICS

Lawmakers Oppose Federal Bailout for States

WASHINGTON (AP) – Lawmakers of both parties expressed opposition Wednesday to having federal taxpayers help state and local governments cope with widespread budget problems, underscoring the impact that Washington's crushing budget deficits are having on the appetite that Republicans and Democrats have for such aid.

Bernanke Encouraged by Sharp Drop in Unemployment

WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke told Congress on Wednesday that the sharp drop in unemployment over the last two months is encouraging but cautioned that it will take several years for hiring to return to normal.

House GOP Chairman Outlines Sweeping Spending Cuts

WASHINGTON (AP) – House Republicans proposed ending more than 60 government programs and cutting hundreds of others Wednesday in a $35 billion downpayment on their promise to rein in federal deficits.

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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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