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VOL. 127 | NO. 52 | Thursday, March 15, 2012

Drug Jury Must Choose ‘Whose Truth’

Someone has been lying during the trial of two alleged hit men in the Craig Petties drug organization – a trial now ending its sixth week in Memphis federal court.

100 Years of Design

Evans Taylor Foster Childress celebrates centennial

Evans Taylor Foster Childress, which celebrates its centennial in March, can trace its origins to two distinguished Memphis architectural firms.

Brass Door Looks to Bring True Irish to St. Paddy’s Day

Downtown Irish pub The Brass Door is gearing up to celebrate its first St. Patrick’s Day with live music, food and drink specials, and plenty of craic – an Irish term for having a great time.

Believe Memphis? Not if Lakers in Town

The evening started with such a great vibe. FedExForum public address announcer Rick Trotter just mentioned the visiting Los Angeles Lakers and sweet boos rained down onto the court.

76ers Acquire Sam Young From Grizzlies

PHILADELPHIA (AP) – The 76ers on Thursday acquired Sam Young from the Memphis Grizzlies in exchange for the rights to Ricky Sanchez.

Local Weather
Today
Memphis, TN
74°F
Fair
Wind: 7 mph
Humidity: 73%

EVENTS

Baker, Donelson, Bearman, Caldwell & Berkowitz PC will present a labor and employment breakfast briefing titled “Managing the Challenging Employee and Reducing Legal Risk” Thursday, March 15, from 8:30 a.m. to 9:30 a.m. at Baker Donelson, 165 Madison Ave., suite 2000. The program and breakfast are free. Email rsvp@bakerdonelson.com to register.

more events »

Regions to Repay TARP

Regions Financial Corp. will sell $900 million in stock to repay some of the $3.5 billion it received from the Treasury Department as part of the 2008 bank bailout, the company announced Wednesday, March 14.

Air Force Chief Says C-17s To Memphis In 2013

Air Force Chief of Staff General Norton A. Schwartz confirmed Wednesday, March 14, that eight C-17 aircraft will replace the C-5A fleet at the Tennessee Air National Guard base in Memphis in fiscal year 2013 which begins July 1.

Deputy MCS Superintendent Resigns Under Controversy

Deputy Memphis City Schools Superintendent Irving Hamer announced his resignation Wednesday, March 14, from the school system effective at the end of April.

MEMPHIS LAW TALK

Diggs Views Law Career As ‘People Business’

Asia Diggs, a senior associate in the Memphis office of Ford & Harrison LLP, took the long way to get to her current job – literally.

LOCAL COLUMNISTS

‘Sales’ Seldom Save Money

Ray’s Take Stores love to run sales to entice you, and everyone loves a bargain. However, don’t confuse getting a discount with saving money. Anytime you buy something you are spending money, not saving it. You might be spending a little less – maybe even substantially less – but you are still spending.

Fixing ‘All’ the Wrong ‘Ones’

The theme of the Thursday, Jan. 5, New York Times crossword, which ran in syndication Feb. 9, was:

STATE GOVERNMENT

House Panel OKs 1 Voter ID Change, Balks at Others

NASHVILLE (AP) – A House panel on Wednesday advanced one Democratic proposal to change Tennessee's new voter ID law, but rejected a second bill and delayed a third.

NATIONAL BUSINESS

Bernanke: Community Banks Strengthening

WASHINGTON (AP) – U.S. community banks are gaining strength even though the economy is improving only moderately, Federal Reserve Chairman Ben Bernanke said Wednesday, March 14.

NATIONAL GOVERNMENT

Lawmakers Debate Pay Cutoff for Budget Gridlock

WASHINGTON (AP) – Even the top sponsor of a bill that would cut off lawmakers' pay if they can't – or won't – pass a budget blueprint admits many of his colleagues think it's just a political talking point instead of a serious idea.

FTC Targets Car Dealers for Misleading Ads

WASHINGTON (AP) – Beware of car dealer ads that promise to pay off the loan on your trade-in.

Senate Leaders Drop Standoff on Judges, Jobs Bill

WASHINGTON (AP) – Senate Republican and Democratic leaders ended their standoff Wednesday over President Barack Obama's judicial nominations and agreed to debate a small-business bill that both parties favor in this presidential and congressional election year.

Senate Passes Highway, Transit Programs Overhaul

WASHINGTON (AP) – The Senate voted Wednesday to overhaul transportation programs and keep aid flowing to thousands of construction projects while strengthening highway and auto safety.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 109 433 13,330
MORTGAGES 114 591 17,349
FORECLOSURE NOTICES 11 93 3,391
BUILDING PERMITS 0 366 30,930
BANKRUPTCIES 76 352 12,695
BUSINESS LICENSES 21 108 4,597
UTILITY CONNECTIONS 77 564 19,457
MARRIAGE LICENSES 29 151 4,060

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