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VOL. 124 | NO. 13 | Wednesday, January 21, 2009

Fewer Biz Licenses Issued in ’08

High fuel prices early last year led Alshad Ameen and Javaid Iqval to conclude that people would want to park their gas-guzzling vehicles in favor of alternative modes of transportation, such as motorcycles and scooters.

Business slump sped up in autumn

Although fewer businesses sought licenses to operate or renewed their existing permits throughout all of 2008, the numbers took a sharper plunge after the financial crisis froze credit markets in August and September.

In Lee Suit, Council’s Defense Still An Issue

The question of who is going to represent Memphis City Council members in a multimillion-dollar lawsuit by a former city official still does not appear to have been answered in a way that satisfies everyone involved.

BNSF Offers Express International Container Service

Already in the midst of a $200 million expansion to its Memphis intermodal yard near Lamar Avenue and Shelby Drive, BNSF Railway Co. is making another substantial investment in the city.

Much in Obama Stimulus Bill Won’t Hit Economy Soon

With many in the Memphis political community among the millions gathered in Washington Tuesday, Barack Obama took the oath of office as the 44th president of the United States.

Local Weather
Currently
Memphis, TN
9.0°F
Fair
Wind: North at 5.8 mph
Humidity: 73%

EVENTS

The Alliance for Nonprofit Excellence will hold a workshop titled “Planning and Evaluation 101” today from 8:30 a.m. to 3:30 p.m. at the Alliance office, 5100 Poplar Ave., Suite 502. The facilitator will be Karen Kitchens, who will discuss fundamental planning and evaluation tools that will equip participants to better understand a program’s impact and needs. For more information or reservations, call 684-6605 or visit www.npexcellence.org.

more events »

Airlines Threaten to Move Flights From Atlanta to Memphis

ATLANTA (AP) – Airlines that do business at the world’s busiest passenger airport are playing hardball in talks over new lease agreements, threatening to move some flights to other airports – including Memphis International Airport – if they can’t maintain competitive costs on fees they pay.

Methodist Names Brooks VP of Clinical Operations

Robert Brooks has been named vice president of clinical operations for Methodist University Hospital.

Regions Financial Records Q4 Loss on $6B Charge

BIRMINGHAM, Ala. (AP) - Regional bank Regions Financial Corp. on Tuesday reported a fourth-quarter loss due mainly to a $6 billion goodwill impairment charge to reflect declining value in its banking reporting unit.

Civil Rights Museum Crowd Watches History in Works

MEMPHIS, Tenn. (AP) - A museum dedicated to the history of the civil rights museum drew a crowd on Tuesday of people eager to see history being made in Washington.

Small Business Woes Have Big Impact on US Economy

NEW YORK (AP) - Times are tough for small business owners, those whom politicians tout as the backbone of America. As the recession marches on, it's those businesses – which employ about half of the country's private-sector workers – that are particularly vulnerable to the squeeze.

Fiat and Chrysler Sign Alliance Plan

ROME (AP) - Fiat and Chrysler said Tuesday they have agreed to form a strategic alliance that would give the Italian auto empire a 35-percent stake in the troubled U.S. carmaker and could eventually bring it full control.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 800
MORTGAGES 0 0 952
FORECLOSURE NOTICES 0 6 101
BUILDING PERMITS 0 0 1,205
BANKRUPTCIES 9 45 536
BUSINESS LICENSES 0 74 240
UTILITY CONNECTIONS 0 1 338
MARRIAGE LICENSES 0 0 82

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