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VOL. 125 | NO. 13 | Thursday, January 21, 2010

County to Consider $10 Million for MED Monday

The final push is on for funding to keep The Regional Medical Center at Memphis fully operational.

Byrd Out of County Mayor's Race

Bank of Bartlett President Harold Byrd has told supporters he will not be a candidate in the May 4 Democratic primary for Shelby County Mayor.

Commercial Sales Close 2009 on High Note

Shelby County’s commercial real estate market saved its best for last in 2009, as the final month registered the highest sales total and largest dollar volume all year.

Howard-Flynn Ready To Lead AWA Group

The Association for Women Attorneys reaches a milestone today as it inducts its 30th president, Michele Howard-Flynn of the Howard-Flynn Law Group.

Ritz Questions Governor’s MED-Funding Power

Shelby County Commissioner Mike Ritz has sent a letter to area legislators asking them to take a hard look at how the governor distributes federal money that is supposed to reimburse publicly owned hospitals for uncompensated care.

Local Weather
Currently
Memphis, TN
44.0°F
Mostly Cloudy
Wind: South at 6.9 mph
Humidity: 55%

EVENTS

The Alliance for Nonprofit Excellence will hold a workshop today from 8:30 a.m. to noon at its office, 5100 Poplar Ave., Suite 502. Dione Alexander, vice president of the Nonprofit Finance Fund, Midwest Region, will speak. Cost is $65 for members, $125 for nonmembers and $55 for those in the Program for Nonprofit Excellence. For more information, call 684-6605 or visit www.npexcellence.org.

more events »

Rove Speculates About Ford Jr. at Stop in Memphis

“I’m a fireplug in a world full of dogs. How are you?”

Richards Honored With AWA’s Marion Griffin-Frances Loring Award

University of Memphis Cecil C. Humphreys School of Law Professor Janet L. Richards will be honored today by the Association for Women Attorneys with the AWA Marion Griffin-Frances Loring Award as incoming president. Memphis attorney Michele Howard-Flynn will take the helm of the association.

Cooper Young to Lose Major Tenant

THING OF THE PAST: Dish, a nightspot in the Cooper-Young district, will close Jan. 31. David Nestler, the general manager, said the business had been operating on a month-to-month lease for about a year, and the economy was a factor in the decision to close. The company that owns Dish also operates the Bluefin Restaurant, which Nestler also manages, and the Sekisui restaurants.

NATIONAL BUSINESS

BofA Loses $5.2B in Q4 as it Repays Bailout

CHARLOTTE, North Carolina (AP) - Bank of America Corp. reported Wednesday it lost $5.2 billion during the final three months of 2009 as consumers struggled to make mortgage and credit card payments and the bank repaid its government bailout money.

Wells Fargo Reports Unexpected Q4 Profit

NEW YORK (AP) - Wells Fargo & Co. on Wednesday took a more optimistic view than other banks about consumer resilience, after it reported a surprise profit for the fourth quarter.

REAL ESTATE

Home Construction Falls; Wholesale Prices Edge Up

WASHINGTON (AP) – The housing market remains a significant risk to the economy, data Wednesday showed, as bad weather across much of the country hit the construction industry.

NATIONAL POLITICS

Gut-Check for Obama and Dems on Health Care

WASHINGTON (AP) - Abandoning the health care overhaul is not an option, a senior White House official said Wednesday, after President Barack Obama's top domestic initiative took a devastating hit with the Democratic loss of the Massachusetts Senate seat.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 331 19,904
MORTGAGES 0 391 23,305
FORECLOSURE NOTICES 0 83 8,387
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 1 232 13,336
BUSINESS LICENSES 0 76 6,213
UTILITY CONNECTIONS 0 125 13,120
MARRIAGE LICENSES 0 94 4,936

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The Memphis News: Business, politics, and the public interest.