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VOL. 127 | NO. 250 | Monday, December 24, 2012

County’s Mortgage Market Up 7 Percent

If they had any worries about next year’s taxes, the fiscal cliff and economic uncertainty, the local mortgage market saw borrowers brush them aside during November.

Christmas Magic

Business is good for Santa’s many helpers

For Rick Jamison of Cordova, the transformation from corporate IT director to Santa Claus began with a hat.

Builder Permits Rise 10 Percent in November

The National Association of Homebuilders said Tuesday, Dec. 18, that sentiment across the homebuilding industry rose to its highest level since the middle of 2006.

Juvenile Court Agreement Emphasizes Details

Less than 24 hours before the U.S. Justice Department and Memphis-Shelby County Juvenile Court leaders announced a detailed set of reforms and safeguards to guarantee changes in the court, Shelby County Commissioners met behind closed doors with those involved in the local side of the deal.

Petties Drug Case Suspect Returns to U.S.

Chris Hamlet, a high-ranking member of the Memphis-based drug organization headed by Craig Petties, is back in the U.S. and on his way to a Memphis courtroom.

Local Weather
Today
Memphis, TN
78°F
Mostly Cloudy
Wind: 7 mph
Humidity: 68%

EVENTS

Chez Philippe will host a Christmas Eve dinner Monday, Dec. 24, from 6 p.m. to 10 p.m. at the restaurant, 149 Union Ave. in The Peabody. Cost is $85, plus $30 for wine pairing. Call 529-4188 for reservations.

more events »

SMALL BUSINESS SPOTLIGHT

Prodigi Arts has Designs on Growing its Business

Local animation and motion graphics company Prodigi Arts is preparing for aggressive expansion over the next two years.

REAL ESTATE RECAP

Roberts Benchmark Hotel on Union Sells for $3.2 Million

164 Union Ave.

LOCAL COLUMNISTS

The Christmas Truce

Why would a group of people who were literally trying to kill each other one day, joyfully celebrate together the very next day? And, can you learn any lessons from these people that might help you minimize or deal with conflict in your work environment?

JIFF Fights Recidivism

Last week we shared some helpful holiday safety tips, like locking car doors while pumping gas and hiding all belongings BEFORE getting to the store. Extending this theme of crime prevention, let us now highlight a local organization working with youth from in and around the juvenile justice system to equip them with the skills and support necessary to break the destructive cycle of criminal behavior: Juvenile Intervention & Faith-Based Follow-Up (JIFF).

REGIONAL

More Visitors Centers Recommended for North Mississippi

TUPELO, Miss. (AP) – A consulting firm has recommended seven to eight visitors centers to capitalize on the cultural and tourism heritage in north Mississippi.

NATIONAL BUSINESS

Olive Garden Owner Shifts Course to Focus on Deals

NEW YORK (AP) – After new ad campaigns touting the quality of its food failed to spark sales, the parent company of Olive Garden and Red Lobster is retooling its strategy to attract diners with more promotional deals.

NATIONAL GOVERNMENT

US Mint Testing New Metals to Make Coins Cheaper

PHILADELPHIA (AP) – When it comes to making coins, the Mint isn't getting its two cents worth. In some cases, it doesn't even get half of that.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 182 13,079
MORTGAGES 135 267 17,025
FORECLOSURE NOTICES 15 36 3,336
BUILDING PERMITS 366 366 30,930
BANKRUPTCIES 69 135 12,478
BUSINESS LICENSES 23 43 4,532
UTILITY CONNECTIONS 182 328 19,221
MARRIAGE LICENSES 32 67 3,976

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