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VOL. 127 | NO. 144 | Wednesday, July 25, 2012

City Voter ID Suit Alleges Voter Turned Away Twice

The city of Memphis wants a Nashville federal judge to order the state to accept photo library cards issued by the city since last month as a valid form of voting identification.

Beale Street Blues

Lengthy process of settling district’s management faces another delay

Last September, a working group appointed by Memphis Mayor A C Wharton Jr. completed its work on recommendations for the future of Beale Street.

Republican Voters Outnumbering Dems

U.S. Rep. Steve Cohen’s campaign sent out an email newsletter Monday, July 23, that summarized the partisan reality of early voting so far in Shelby County.

School Board Committee On Consolidation Plan Calls It A Day

The countywide school board’s ad hoc committee to review the schools consolidation plan is about to disband without acting on the plan sent to the board by the schools consolidation planning commission.

Smartphone App Helps Memphians Stay in Shape

The Shelby Farms Park Conservancy has teamed up with Baptist Memorial Health Care Corp. to launch a free wellness app called ShelbyFit, specifically designed to meet the health and fitness needs of Memphis-area residents.

Local Weather
Today
Memphis, TN
66°F
Mostly Cloudy
Wind: 6 mph
Humidity: 59%

EVENTS

BIG for Memphis will meet Wednesday, July 25, from 10:15 a.m. to 11:30 a.m. at Phelps Security, 4932 Park Ave. BIG brings together Memphis Police Department colonels and business leaders to curb crime and impact the community. Cost is free. R.S.V.P. to billy.garrett@phelpssecurity.com or 365-9728.

more events »

Indie Memphis Concert Series Returns to Shell

Indie Memphis, which has brought back its free Concert Film Series to the Levitt Shell for the event’s sophomore year, clearly is trying to give movie and music fans what they want.

ASD Welcomes Students, Parents With Block Party

The organizers of the Achievement School District chose the middle ground on a hot Saturday afternoon in Frayser.

MEMPHIS NEWSMAKERS

Magna Bank Taps Stewart To Lead SBA Division

Tom Stewart has been named senior vice president and manager of the small business administration division at Magna Bank. Since joining Magna in March, Stewart has led the bank in obtaining national preferred lending provider status. In his new role, Stewart will oversee all business development activities for the Mid-South along with portfolio management and loan servicing.

LOCAL COLUMNISTS

Decoding Prospects’ Secret Language

Part one in a two-part series Let’s face it. Prospects have a language of their own. Sometimes they say one thing when they really mean another. Shocking, right? The language differences between sellers and buyers are akin to those between men and women – often worlds apart. Fortunately, prospects have a few go-to responses that, once decoded, will put you on an even playing field.

Master the Art of Compromise In Lease Negotiations

Every lease transaction involves two key parties – a landlord and a tenant. Each party has his or her own objectives.

Focus Shifts Back to the US

After China’s deluge of economic information took the spotlight last week, investors this week shifted their gaze back to the United States for a couple of big ticket items.

NATIONAL BUSINESS

Survey: Fewer Than 1 in 4 Trust Financial System

A survey finds fewer than one in four Americans trust the financial system and that confidence in large banks is eroding.

Wal-Mart Opposed to $6B Card Fee Settlement

BENTONVILLE, Ark. (AP)Wal-Mart Stores Inc. urged retailers to reject a proposed $6 billion settlement that Visa Inc., MasterCard Inc. and major banks have agreed to pay retailers for alleged fee fixing.

UPS: Global Financial Situation Getting Worse

NEW YORK (AP) – UPS expects the global economy to get worse before it gets better. Again.

AT&T Smartphone Sales Fall in Q2, Boosting Net

NEW YORK (AP) – AT&T Inc. on Tuesday posted the best profitability ever in its wireless arm, paradoxically because it sold fewer smartphones.

NATIONAL GOVERNMENT

Airline Bid to Block Consumer Protections Rejected

WASHINGTON (AP) – The government can require airlines to show consumers a total ticket price that includes taxes and fees in print and online ads, the U.S. Court of Appeals said Tuesday, rejecting an industry challenge to a series of consumer protection regulations.

Budget Office: Obama's Health Law Reduces Deficit

WASHINGTON (AP) – Congress' budget scorekeepers are taking a new look at President Barack Obama's health care law – and they still say it is expected to reduce federal deficits.

REAL ESTATE

US Home Values Have Hit Bottom, Zillow Says

SEATTLE (AP) – U.S. home values have risen four consecutive months, Zillow.com said on Tuesday, a trend that led the housing website to declare that the market has turned the corner from its five-year slump.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 57 307 5,073
MORTGAGES 101 483 6,709
FORECLOSURE NOTICES 22 77 1,556
BUILDING PERMITS 0 720 11,979
BANKRUPTCIES 84 341 5,300
BUSINESS LICENSES 36 125 2,061
UTILITY CONNECTIONS 152 594 7,058
MARRIAGE LICENSES 36 117 1,458

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