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VOL. 124 | NO. 202 | Wednesday, October 14, 2009

More Building Permits Bode Well for Housing Market

For the second straight quarter, homebuilders pulled more permits than the previous period, perhaps signaling the beginning of the end for the housing crisis.

BNSF Railway Preps for Intermodal Yard Opening

Evidence of Memphis’ importance to the intermodal industry can be seen throughout town, but nowhere is it more apparent than at the intersection of Lamar Avenue and Shelby Drive, where nine-story cranes now dominate the warehouse district’s industrial skyline.

Banks Anticipate More Optimistic Q3 Earnings

When local banks start rolling out third quarter earnings this month, the results might sound familiar.

Commission to Appeal Second Juvenile Court Judgeship

The battle over more than one Juvenile Court judge is on its way to the Tennessee Supreme Court.

Numbers Shift On Malpractice Costs

The Congressional Budget Office has done an about face in estimating the impact of medical malpractice expenses on health care costs with a new report that says limits on lawsuit awards could save as much as $54 billion over the next 10 years.

Local Weather
Memphis, TN
Wind: Variable at 5.8 mph
Humidity: 55%


The Memphis chapter of the Public Relations Society of America will hold its monthly luncheon today from 11 a.m. to 2 p.m. at the Holiday Inn-University of Memphis, 3700 Central Ave. The annual VOX Awards will be presented. Cost is $25 for members and $45 for nonmembers. For more information, go to www.prsamemphis.org.

more events »

Mental Health Advocate To Accept National Honor

Marian Bacon is the person on the other end of the phone line who saves people’s lives.

Schuermann Elected To Design Review Board

David Schuermann has been elected to the Center City Commission’s Design Review board.

Germantown Meeting Light Compared to Memphis Spectacle

If all the recent drama surrounding the Memphis mayor’s race is too much for you, then the politics in neighboring Germantown might offer a welcome respite.


Poll: Wharton Expanding Lead for Memphis Mayor

MEMPHIS, Tenn. (AP) - A new poll indicates A C Wharton has widened his lead going into this week's Memphis mayor's election.


Advocates Ask Judge to Block Limits on Foster Care

NASHVILLE, Tenn. (AP) - An advocacy group is asking the courts to block a new Tennessee law it claims unfairly pressures judges to keep children out of foster care.

Swine Flu Vaccine Becoming More Available

NASHVILLE, Tenn. (AP) - As swine flu vaccine becomes more available, health departments in Tennessee are opening up clinics to the public.


Voting Gets Under Way in Special House Election

NASHVILLE, Tenn. (AP) - A spirited campaign to fill a vacated state House seat is drawing to a close.


Morgan Freeman Helps Friend in Miss. Gov.'s Race

CLARKSDALE, Miss. (AP) - Academy-Award winner Morgan Freeman says Mississippi is "starving" for the right leadership, so the actor is using his celebrity status to help his friend run for governor in 2011.

United Furniture to Add 100 Jobs in Okolona

OKOLONA, Miss. (AP) - United Furniture Industries officials say the company will add 100 new jobs at its Okolona manufacturing facility, bringing much needed work to an area where the unemployment rate is in double digits.


Flyer Advocate Says Delta Obtained Hacked E-mails

ATLANTA (AP) - A passenger rights advocate accused Delta Air Lines Inc. in a federal lawsuit Tuesday of conspiring with a Virginia company to obtain hacked e-mails from her computer to help them derail her efforts to protect air travelers from lengthy tarmac delays and other inconveniences.

Pay Czar Asks AIG Not to Pay Promised Bonuses

WASHINGTON (AP) - The Obama administration's pay czar has asked American International Group to withhold some of the millions in bonuses promised to its employees.

CIT Group Says CEO Peek Plans to Resign

NEW YORK (AP) - CIT Group Inc., struggling as it continues efforts to restructure its debt, said Tuesday chairman and CEO Jeffrey M. Peek will resign at the end of the year.


Senate Committee Approves Health Care Plan

WASHINGTON (AP) - With support from a lone Republican, a key Senate committee Tuesday approved a middle-of-the-road health care plan that moves President Barack Obama's goal of wider and affordable coverage a giant step closer to becoming law.

Supreme Court Will Hear Appeal of Enron's Skilling

WASHINGTON (AP) - The U.S. Supreme Court said Tuesday it will take up former Enron CEO Jeff Skilling's appeal of his convictions for his role in the collapse of the energy giant, accepting another high-profile challenge to a favorite tool of prosecutors in white-collar and public corruption cases.

King Siblings Settle Lawsuit Over Estate

ATLANTA (AP) - After more than 14 hours of discussion, the heirs of the Rev. Martin Luther King Jr. reached a settlement late Monday that will keep the family from a public jury trial.

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PROPERTY SALES 98 238 15,862
MORTGAGES 122 284 18,332
BUILDING PERMITS 137 452 32,966
BANKRUPTCIES 62 178 10,191

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