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VOL. 125 | NO. 8 | Wednesday, January 13, 2010

UPDATE: Appeals Court Backs MCS In Funding Lawsuit

Cash Calls For Dialogue With Council

The Tennessee Court of Appeals has ruled the city of Memphis owes the Memphis school system $50 million in funding by the end of June.

’09 Building Permits Tell Scary Tale

For anyone who thought the homebuilding numbers couldn’t get worse than they did in 2008, that year looks like a housing boom compared to 2009.

Q4 Permits Show Improvements

A familiar trend in the housing industry played out during fourth quarter 2009. Like what happened with home sales and mortgages, building permits enjoyed a rare improvement as the year drew to a close.

White Elected To State House

Mark White is the newest member of the Shelby County legislative delegation to Nashville. The Republican business owner won Tuesday’s special election for the State House District 83 seat representing parts of East Memphis and Eastern Shelby County.

Three Attorneys Break Away From Apperson Crump

A managing partner of Apperson Crump & Maxwell PLC has left the law firm to start his own firm.

Local Weather
Memphis, TN
A Few Clouds
Wind: Calm mph
Humidity: 71%


The Alliance for Nonprofit Excellence will hold a workshop today from 8:30 a.m. to 3:30 p.m. at its office, 5100 Poplar Ave., Suite 502. Jim Kovarik, professional writer and director of the Grant Editing Center at the University of Memphis, will speak. Cost is $99 for members, $150 for nonmembers and $89 for those in the Program for Nonprofit Excellence. For more information, call 684-6605 or visit www.npexcellence.org.

more events »

Commission Appointments Not Without Rancor

John Pellicciotti is pursuing his master’s degree in political science from the University of Memphis. He’s writing his thesis. And this week, after trying several times for several years, the small-business owner and consultant got some real-world experience in his degree area.

Former CFO Sues Memphis Health Center

Othello Robinson, the former chief financial officer of Memphis Health Center Inc., has filed a lawsuit accusing the clinic of falsely billing Medicaid and Medicare – allegations the organization’s chief executive officer called “ridiculous.”

Forum to Shed Light on Health Care Reform

The undercurrents in health care reform that have received little publicity but could have big ramifications for businesses will be discussed at an coming Executive Forum in the Bluff City.

Dewald Selected to Chair Life and Health Insurance Foundation

Jack Dewald will serve as chairman of the board for the Life and Health Insurance Foundation for Education.


Update: Senate Delays Requiring Paper on Voting Machines

NASHVILLE, Tenn. (AP) - The Senate on Tuesday passed a bill to delay a law requiring a paper trail on voting machines until the 2012 election cycle.

Tenn. Special Legislative Session 1st Since 2006

NASHVILLE, Tenn. (AP) - The Legislature is convening in a special session to take up a series of education proposals from Gov. Phil Bredesen.


Deadline Friday for Conservation Signups

NASHVILLE, Tenn. (AP) - This Friday is the deadline for Tennessee landowners to sign up for 2010 United States Department of Agriculture conservation programs.


Government Officials Probe 15 FHA Lenders, Including First Tenn.

WASHINGTON (AP) - Federal housing officials on Tuesday served subpoenas on 15 mortgage companies with suspiciously high default rates for loans backed by the Federal Housing Administration. The actions are part of a broad crackdown on dubious lenders as the agency tries to stem losses.


BofA Names Executive Team, Looking for New CFO

NEW YORK (AP) - Bank of America Corp. is shuffling its senior management team, moving its chief financial officer over to lead consumer and small business banking and naming a new chief risk officer.

Fed Paid Record $46.1B to Treasury Last Year

WASHINGTON (AP) - The Federal Reserve paid a record $46.1 billion in earnings to the U.S. Treasury Department last year, reflecting gains as the central bank bulked up its portfolio of securities to revive the U.S. economy and fight the financial crisis.

AP Source: Obama Considers Levy for Rescued Firms

WASHINGTON (AP) - Targeting an industry whose political deafness has vexed his administration, President Barack Obama is weighing a levy aimed at recovering tax dollars from government-rescued financial institutions.


Ex-Rep. Ford 'Strongly Considering' NY Senate Run

NEW YORK (AP) - Former U.S. Rep. Harold Ford Jr. began crafting his argument Tuesday for a potential bid to unseat Sen. Kirsten Gillibrand, reinventing himself as an independent thinker battling "Washington insiders."

Obama to Address House Democrats – and Later, GOP

WASHINGTON (AP) - President Barack Obama plans to address an issues retreat of House Democrats this week, but will also speak later to House Republicans in a fresh gesture of bipartisanship.

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Blog News, Training & Events
PROPERTY SALES 119 482 10,051
MORTGAGES 119 497 11,811
BUILDING PERMITS 268 1,056 21,366
BANKRUPTCIES 50 263 6,700

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