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VOL. 124 | NO. 18 | Wednesday, January 28, 2009

Herenton's Son, MATA Officials Show Up At Federal Grand Jury

Memphis Area Transit Authority president and general manager Will Hudson appeared today before a federal grand jury believed to be investigating Memphis Mayor Willie Herenton’s private business dealings.

Report: County Clerk CAO, Three Others Took Gratuities and Tips

The chief administrative officer of the Shelby County Clerk’s office was taking gift cards and gift certificates from local auto dealers to help them with car titles and other auto paperwork, according to a report from the Shelby County Attorney’s office.

Keller Williams Set to Expand in Memphis

At a time when real estate companies everywhere are closing offices and agents are abandoning the profession, Keller Williams Realty is expanding.

Main Street’s Big Hole To Be Filled at Last

Center City Commission president Jeff Sanford knew some developers and others doubted anything would get built anytime soon in the big hole at Gayoso Avenue and Main Street.

Hospitals Continue Push Toward Electronic Records

Converting patient records from handwritten charts to an electronic database takes patience and money, but executives at Memphis hospitals say the investment pays off.

Local Weather
Currently
Memphis, TN
90.0°F
A Few Clouds
Wind: Northeast at 5.8 mph
Humidity: 44%

EVENTS

Talk Shoppe and the Small Business Chamber will present “Test Drive the Master Mind Principle Success Formula” today from 9 a.m. to 10 a.m. at the Better Business Bureau of the Mid-South, 3693 Tyndale Drive. For more information, call Jo Garner at 759-7808.

more events »

Contenders Focus On Stotts Vacancy

It’s on to the Tennessee Judicial Commission for some of the contenders who failed to land this week’s appointment of a new judge for General Sessions Criminal Court.

No Pink Slips for Bailed-Out Bank Execs

WASHINGTON (AP) – They’ve been bailed out, but not kicked out.

New RISE President Wants to Do More for Memphians

Linda Williams has spent more than 30 years working in social services.

Delta Reports $1.4B Q4 Loss; Shares Plunge

ATLANTA (AP)Delta Air Lines Inc., the world’s biggest carrier, said Tuesday it lost $1.4 billion in the final three months of 2008 as it recorded a massive charge related to employee stock awards and wasn’t able to benefit fully from the decline in oil prices because of bad bets on fuel hedges. Delta shares fell nearly 18 percent in early trading Tuesday.

U of M’s Heath Given Distinguished Teaching Award

Dr. Julia Heath, professor of economics at the University of Memphis, has been honored with the Kenneth G. Elzinga Distinguished Teaching Award by the Southern Economic Association.

PACs, Parties Spent $28M on Legislative Races

NASHVILLE, Tenn. (AP) - Campaign finance reports show political action committees and party organizations spent nearly $28 million over the last two years to try to influence the outcome of legislative races in Tennessee.

Delta, Golden Triangle Regional Airport Begins New Flight

COLUMBUS, Miss. (AP) - Delta Airlines will begin service from Golden Triangle Regional Airport near Columbus to Memphis in May.

Tenn. Opens Centers to File Unemployment Claims

NASHVILLE, Tenn. (AP) - Tennessee officials have created 22 centers to help relieve the state's overload of telephone claims for unemployment insurance.

Valero Energy Posts $3.28B Q4 Loss; Shuts Gas Unit

NEW YORK (AP) - Valero Energy Corp. said Tuesday it lost $3.28 billion in the fourth quarter as it absorbed a huge one-time valuation charge and a slowing economy kept profit margins tight.

UT Faculty Asks Any Tuition Hikes Go to Classrooms

KNOXVILLE, Tenn. (AP) - Professors at the University of Tennessee are asking that they be retained and that any increased tuition be used to fund classroom teaching.

Geithner Announces New Lobbying Rules for Bailout

WASHINGTON (AP) - Treasury Secretary Timothy Geithner, in his first full day on the job, announced new rules Tuesday to limit special-interest influence on the government's $700 billion financial rescue program.

NY AG Subpoenas Thain over Merrill Bonuses

NEW YORK (AP) - The New York attorney general on Tuesday issued subpoenas to former Merrill Lynch chief executive John Thain and Bank of America's chief administrative officer, J. Steele Alphin, amid an investigation into bonuses Merrill paid executives just before being sold to Bank of America.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 312 16,192
MORTGAGES 0 293 18,685
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 655 33,126
BANKRUPTCIES 0 237 10,737
BUSINESS LICENSES 0 112 5,198
UTILITY CONNECTIONS 0 127 11,344
MARRIAGE LICENSES 0 94 3,867

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