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VOL. 124 | NO. 203 | Thursday, October 15, 2009

UPDATE: Wharton Wins

It wasn’t ever close.

The Vote Count

A total of 109,339 Memphians voted in the Memphis mayor’s race, a 25 percent turnout of the city’s 423,049 voters.

Physician Data Stolen From BlueCross BlueShield

Personal information including tax identification numbers and, in some cases, Social Security numbers, for every doctor and medical association in the county that does business with BlueCross BlueShield Association could be breached following the theft of a laptop computer.

Foreclosures Still Pervasive in Q3

For the third quarter in a row, lenders have seized fewer homes than they did during last year’s foreclosure wave that left a scar across Shelby County’s housing market.

Colliers Takes On Tough Project

A retail portfolio hit hard by the slumping economy has a new temporary owner and a new leasing/management team. Now those entities are charged with repositioning the assets so a buyer can step in and have a better shot at building long-term success.

Local Weather
Currently
Memphis, TN
60.0°F
Overcast
Wind: Northwest at 8.1 mph
Humidity: 96%

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. Ken Kimble, director of development and marketing for Boy Scouts of America Chickasaw Council, will speak. Cost is $65 for members and $125 for nonmembers. For more information, call 684-6605 or visit www.npexcellence.org.

more events »

Justice O’Connor to Headline Peabody Luncheon

As Memphians go to the polls today, the city’s legal community will gather to hear from former U.S. Supreme Court Justice Sandra Day O’Connor.

Rules Unclear for Mental Health Act

Insurance providers could be scratching their heads in bewilderment about how to comply with a new federal law that puts mental health benefits on equal terms with other medical benefits.

U of M Students Get Head Start On Pro Bono Service

Students at the University of Memphis Cecil C. Humphreys School of Law have formed an organization encouraging volunteer work – even offering the chance to work on actual cases supervised by licensed attorneys.

Court Attorney Coupé Earns Juvenile Law Certification

Thomas W. Coupé, a staff attorney at the Juvenile Court of Memphis and Shelby County, has been certified as a juvenile law and child welfare specialist by the Tennessee Commission on Continuing Legal Education and Specialization. He is one of only 10 attorneys statewide certified in this specialty by the Tennessee Commission.

Valero Shares Fall as Analyst Downgrades Stock

NEW YORK (AP) - Shares of Valero Energy Corp. fell on Wednesday as an analyst downgraded the refiner's stock, citing a potential $1 billion asset write-down and a weak outlook for the industry.

STATEWIDE

156,000 Tennesseans Face IRS Deadline Thursday

NASHVILLE, Tenn. (AP) - The Internal Revenue Service says 156,000 Tennesseans face a deadline Thursday after requesting a six-month extension to file their 2008 tax returns.

Private Prison Reaches $1.3M Settlement with EEOC

DENVER (AP) - The operators of a Colorado private prison have agreed to pay $1.3 million to settle a lawsuit alleging that male officers forced female workers to perform sex acts to keep their jobs.

REGIONAL

Miss. Auditor Announces Auction of Contraband Cigarettes

TUPELO, Miss. (AP) - State Auditor Stacey Pickering says nearly 1 million cartons of contraband cigarettes will be auctioned off on Oct. 27.

NATIONAL BUSINESS

Wal-Mart to Pay $11M to Settle Iowa Workers' Case

CLINTON, Iowa (AP) - Wal-Mart Stores Inc. will pay up to $11 million to settle a class-action lawsuit brought on behalf of 97,000 current and former workers in Iowa over allegations that they were forced to skip breaks or work off the clock.

Fed Officials Were Conflicted Over Revival Program

WASHINGTON (AP) - Amid uncertainties about strength of the budding recovery, Federal Reserve policymakers last month were conflicted over whether to expand or cut back a program intended to drive down mortgage rates and prop up the housing market, according to a document released Wednesday.

Gov't Insurance Option Isn't Quietly Fading Away

WASHINGTON (AP) - Fears about high costs of the health care overhaul and mistrust of insurers are rekindling interest in letting the government sell health insurance as part of the plan.

Watchdog: Treasury and Fed Failed in AIG Oversight

WASHINGTON (AP) - U.S. Treasury Secretary Timothy Geithner is "ultimately responsible" for regulators' failure to rein in massive bonus payments at American International Group because he led the agencies that provided AIG's lifelines, according to a bailout watchdog.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 31 327 17,870
MORTGAGES 49 409 20,835
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 129 800 36,616
BANKRUPTCIES 51 243 11,925
BUSINESS LICENSES 21 117 5,677
UTILITY CONNECTIONS 41 215 12,248
MARRIAGE LICENSES 29 121 4,478

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