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VOL. 127 | NO. 135 | Thursday, July 12, 2012

Municipal Referendums Hearing Continues

The hearing in Memphis federal court to determine whether referendums on suburban municipal school districts will go ahead as scheduled looks to be an all-day affair.

Retail Transformation

Loeb updates two East Memphis properties

Two of Loeb Properties Inc.’s larger retail centers in East Memphis are in the midst of major transformations.

Alliance Helps Businesses Implement Green Practices

A public-private partnership called Team Green Zone, spearheaded by the Bartlett Area Chamber, is helping Mid-South businesses implement long-term sustainable practices to protect the environment while helping businesses boost their bottom lines.

Review Board Approves Beale Landing Sign

The Design Review Board of the Downtown Memphis Commission has approved the wall sign for Beale Street Landing as well as a directional sign on the ground in front of the Riverside Drive attraction.

More Tenn. Lawyers Doing Pro Bono Work

More attorneys in Tennessee are performing free, or pro bono, work for clients. That’s according to new data from the state Board of Professional Responsibility, which show that more than 46 percent of Tennessee attorneys reported performing pro bono work for deserving clients.

Local Weather
Today
Memphis, TN
40°F
Partly Cloudy
Wind: 6 mph
Humidity: 73%

EVENTS

The Bradley Law Firm PLLC will host a seminar on the Veterans’ Affairs Aid and Attendance Pension Improvement program Thursday, July 12, at 10 a.m. at the firm’s building in Corporate Gardens, 3107 E. Corporate Edge Drive. Email anthony@bradley-law.com or call 682-2030.

more events »

Former Principal Charged in Exam Scandal

For 15 years Clarence Mumford, a one-time assistant principal in the Memphis City Schools system and later a teacher in Tunica County schools, allegedly helped unqualified teachers pass the PRAXIS teacher exams required to teach in Tennessee, Arkansas and Mississippi by getting others to take the test in their names.

Former Southwest Twin Drive-In Coming Down

The old Southwest Twin drive-in theater at South Third Street and Raines Road is the property of the federal Homeland Security Department for the time being.

Judge Mays to Hear Schools Arguments

When U.S. District Court for the Western District of Tennessee Judge Hardy Mays gets to the motion to stop the municipal school districts referendums Thursday, July 12, he should have a thicker file and something close to 20 attorneys on his side of the bar.

MEMPHIS LAW TALK

Steinberg Honored For Supporting Women in Law

Jill Steinberg, a shareholder in the Memphis office of Baker, Donelson, Bearman, Caldwell & Berkowitz PC, has received the firm’s 2012 Susan E. Rich Award for excellence in promoting and supporting the advancement of women in the legal profession.

LOCAL COLUMNISTS

Where Do Retirement Dollars Go Further?

Ray’s Take There are many things to consider when selecting a place to spend your retirement years, or as I prefer to call them, your financial independence years. Not the least is selecting a place where your financial resources have the best odds of achieving your goals. State policies on property, income, sales, and estate taxes have a large bearing on this. However, the right combination for each retiree is different.

‘Lost’ Crosswords: Part 3

Dear J.V., “A couple weeks ago, you wrote that Locke’s Gilgamesh puzzle – in season 2 of “Lost” – was the “last” puzzle, in point of time, featured by the series. I take issue with that. In the season 6 episode, Ben Linus’ father is shown working a Sunday paper crossword – this, in the thread that assumes the H-bomb, detonated by Juliet, wiped out the island. The Linuses’ island involvement is thus cut short, as the Dharma Initiative people were evacuated. Were you planning to discuss this last crossword? I went back to the episode and cannot tell what newspaper it is. /s/ C.M.”

STATEWIDE

Atheist Group Plans to Lobby Tenn. Legislators

NASHVILLE, Tenn. (AP) — A national group of atheists plans to lobby Tennessee lawmakers on issues involving separation of church and state.

NATIONAL BUSINESS

Cadence Announces Layoffs

STARKVILLE, Miss. (AP) — Cadence Bank will lay off 17 workers at its loan operations center in Starkville.

BancorpSouth Settlement Awaits Judge's OK

TUPELO, Miss. (AP) — BancorpSouth Inc. and a group of shareholders have reached a $29.2 million settlement of a lawsuit filed in Tennessee, according to court records.

US Trade Deficit Falls in May

WASHINGTON (AP) – The U.S. trade deficit narrowed in May from April, helped by cheaper oil that lowered imports and an increase in American exports to Europe and China.

Oct. Trial Set in Miss. Suit Over Health Care Law

JACKSON, Miss. (AP) — A federal judge in Mississippi has scheduled a trial for October in a lawsuit that claims the Obama Administration's health care law is illegal, in part based on arguments that it violates individual privacy rights by forcing citizens to buy insurance.

US Wholesale Stockpiles Grew in May but Sales Fell

WASHINGTON (AP) — U.S. wholesale companies added modestly to their stockpiles in May. But sales at the wholesale level dropped by the largest amount in three years, a troubling sign for future growth.

Some Corn Farmers Mow Fields as Drought Worsens

DES MOINES, Iowa (AP) — Some cornstalks in fields around the farm where David Kellerman works stand tall, but appearances can be deceiving. When the husks are pulled back, the cobs are empty. No kernels developed as the plants struggled with heat and drought.

Oklahoma, Arkansas Fear Repeat of 2011 Drought

TULSA, Okla. (AP) — As extreme drought and scorching heat creep back into the Southern Plains, ranchers and state foresters fear a repeat of last summer's tinderbox conditions that turned pastures into wasteland, sparked hundreds of wildfires and ravaged countless acres of crops.

Oil Prices Bounce Back Near $86

NEW YORK (AP) — The price of oil rose more than 2 percent Wednesday after the Federal Reserve released a report that signaled it may take further steps to lift the economy.

NATIONAL GOVERNMENT

Democrats Block Senate Vote on Obama Tax Plan

WASHINGTON (AP) — Democrats blocked a Senate vote Wednesday on President Barack Obama's plan to extend expiring tax cuts for a year for everyone but the highest-earning Americans as the two parties maneuvered to try embarrassing each other on one of the election year's foremost issues.

GOP-Controlled House Votes to Repeal Health Law

WASHINGTON (AP) — The Republican-led House has voted to repeal President Barack Obama's health care law. But the election-year move stands no chance in the Democratic-controlled Senate.

Fed Was Split Over Policy Action at June Meeting

WASHINGTON (AP) — The Federal Reserve is open to taking further action to support the struggling U.S. economy. But minutes of the Fed's June meeting show policymakers at odds over whether the economy needs more help now.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 65 366 17,721
MORTGAGES 70 417 23,068
FORECLOSURE NOTICES 15 91 4,519
BUILDING PERMITS 210 932 42,157
BANKRUPTCIES 62 299 16,691
BUSINESS LICENSES 19 80 5,781
UTILITY CONNECTIONS 49 305 25,174
MARRIAGE LICENSES 16 96 5,381

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