VOL. 127 | NO. 140 | Thursday, July 19, 2012
Shelby County’s real estate market is still feeling the effects of foreclosure activity, with a second quarter increase in activity following an even larger one in the first quarter.
Travel agents adapt to changing business landscape
This is the second in a two-part series looking at the state of the local travel agency industry. The first story ran in The Daily News June 29.
The pair of questions the Memphis City Council is considering for the Nov. 6 ballot is another chapter in the council’s nearly five-year debate about the size and role of city government.
Two weeks after the Memphis City Council approved an either/or change to auto inspections against the advice of the city administration, the council took another step as Memphis Mayor A C Wharton Jr. embraced the earlier change.
Since early voting in advance of the Aug. 2 election day began Friday, July 13, there haven’t been any reports of problems with voter identification.
Methodist Healthcare ranked No. 1 in the Memphis metropolitan area and No. 3 in the state of Tennessee in U.S. News & World Report’s Best Hospitals 2012-2013.
MEMPHIS LAW TALK
The law firm founded by Olen “Mac” Bailey Jr. with a goal of being a leading estate planning law firm in the Memphis area celebrates 16 years in business this year.
LOCAL COLUMNISTS
Ray’s Take There’s no doubt Warren Buffet is an investment genius. He’s truly one of a kind. Still, the Internet is loaded with websites insisting you can invest – and excel – just like Warren Buffet.
Two tigers – an adult and a child – are standing in the den of the older one. At hand is a recently slaughtered gazelle. The larger tiger digs in and gestures to his companion to do likewise. In Joseph Campbell’s words, “The little one backs off” and says, “I’m a vegetarian.”
STATEWIDE
NASHVILLE, Tenn. (AP) — The Tennessee Regulatory Authority will participate in a national pilot program distributing communication devices to low income deaf-blind citizens.
REGIONAL
NATCHEZ, Miss. (AP) — Mississippi and Louisiana officials are telling people to say off sandbars that have appeared with the low-water levels along the Mississippi River.
LITTLE ROCK, Ark. (AP) — Arkansas Gov. Mike Beebe said Wednesday he's still inclined to go forward with an expansion of Medicaid under the federal health care law, but that the decision will ultimately come down to a super-majority vote in the Legislature next year.
NATIONAL BUSINESS
WASHINGTON (AP) – Home construction is making a long-awaited recovery that could help energize the U.S. economy.
DALLAS (AP) — American Airlines is reaping higher fares and record revenue but still losing money.
WASHINGTON (AP) — The Obama administration's consumer watchdog agency flexed its enforcement muscles for the first time Wednesday and ordered Capital One Bank to repay millions of credit card customers allegedly tricked into buying costly add-on services.
WASHINGTON (AP) — The U.S. economy expanded modestly in June and early July, but growth and hiring slowed in several parts of the country. The key findings of the Federal Reserve survey echoed the gloomier outlook that Chairman Ben Bernanke offered to Congress this week.
NATIONAL GOVERNMENT
WASHINGTON (AP) — Chairman Ben Bernanke told lawmakers Wednesday that the Federal Reserve's efforts to bolster growth have helped lift the U.S. economy out of the Great Recession. But he acknowledged that growth remains weak and the Fed can only do so much.
BOSTON (AP) — Taking aim at what they call an abuse of the taxpayers' money, a growing number of states are blocking welfare recipients from spending their benefits on booze, cigarettes, lottery tickets, casino gambling, tattoos and strippers.