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VOL. 124 | NO. 204 | Friday, October 16, 2009

Update: City Attorney Elbert Jefferson Resigns

The day after Shelby County Mayor AC Wharton Jr. beat his rivals handily in the city mayoral special election, embattled City Attorney Elbert Jefferson Jr. offered his resignation.

Wharton Wins In A Walk

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.

Weathering the Storm

DeSoto holds its own in down times

The commercial real estate story in DeSoto County is much broader than a single retail property, but the myriad departures and arrivals at the open-air Southaven Towne Center perhaps sum up the county’s market better than anything else.

Residential Market Shows Recovery

DeSoto County’s housing market isn’t any different than the rest of the Mid-South or even the nation. Fewer homes are being sold as a result of the recession, and real estate professionals are coping with the slowdown as much as they can.

Local Weather
Currently
Memphis, TN
26.0°F
Fair
Wind: South at 6.9 mph
Humidity: 69%

EVENTS

The University of Memphis College of Communication and Fine Arts will recognize filmmaker Craig Brewer today at 11:30 a.m. at Charles Vergos Rendezvous, 52 S. Second St. Brewer will receive the 2009 Distinguished Achievement Award in the Creative and Performing Arts. Cost is $50 per person and $350 for a table of eight. For reservations, call 678-5086 or 678-4372.

more events »

Local Party Heads Look to New Gov’t Beginnings

In a debate at East High School Tuesday night, Lang Wiseman and Van Turner engaged in their own version of the political showdown over health care reform playing out among national lawmakers.

Roberts Mixes Real Estate, Tigers Passions

More than likely, Chuck Roberts’ name is familiar to anyone who has seen a “for sale” sign outside a DeSoto County commercial property. Without a doubt, his voice is familiar to anyone who has attended a Memphis Tigers basketball or football game.

Bankruptcy Filings See Slight Bump in Q3

The Great Recession and its aftermath are keeping bankruptcy attorneys and the clerks and judges at the local bankruptcy court loaded up with work.

Job Crunch Hits Disabled Workers

Josh Wilbanks spends his Thursdays and Fridays intently folding boxes – a monotonous chore for most workers – but he does it with a smile.

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.

MEMPHIS AREA

Herenton Holding Off on Fundraising Until January

NASHVILLE, Tenn. (AP) - Former Memphis Mayor Willie Herenton says he doesn't plan to start fundraising for Tennessee's 9th Congressional District race until early next year and he's not concerned about the advantage that might give his opponent.

STATE LEGISLATURE

Tenn. Congressional Candidates File Fundraising Records

Former Memphis Mayor Willie Herenton says he doesn't plan to begin fundraising for the 9th Congressional District race until early next year and he's not concerned about the advantage that might give his opponent.

Some Candidates Self-Financing in 3rd District

CHATTANOOGA, Tenn. (AP) - Some Republicans campaigning to be Rep. Zach Wamp's successor in Tennessee's 3rd congressional district are relying heavily on their own money so far, 10 months before the primary voting.

STATEWIDE

Tenn.’s Sept. Unemployment Rate Falls Slightly from August

Tennessee Commissioner of Labor & Workforce Development James Neeley announced today Tennessee’s unemployment rate for September was 10.5 percent, down 0.2 percentage point from the August revised rate of 10.7 percent.

Annual State Conference on Insects Under Way

NASHVILLE, Tenn. (AP) - Top scientists in the state who specialize in studying insects are gathered for their annual meeting.

Trooper Under Investigation for Racist E-mail

NASHVILLE, Tenn. (AP) - A Tennessee Highway Patrol trooper is under investigation into allegations that he forwarded a racist e-mail on the state's computer system.

NATIONAL BUSINESS

Southwest Chases Other Add-Ons Besides Bag Fees

Southwest Airlines Co. is the only big U.S. airline that doesn't charge baggage fees, but that's not going to stop it from looking for other add-ons to sell to travelers, its CEO said on Thursday.

South Benefits from Stimulus Construction Boost

WASHINGTON (AP) - U.S. businesses reported creating or saving more than 30,000 jobs in the first months of President Barack Obama's stimulus program, with military construction leading the way and states in the South and Southwest seeing the biggest boost, according to a government oversight board.

NATIONAL POLITICS

US House Panel Votes to Regulate Derivatives

WASHINGTON (AP) - A U.S. House of Representatives' panel voted Thursday to regulate for the first time privately traded derivatives, the kind of exotic financial instruments that helped bring down Lehman Brothers and nearly toppled American International Group.

Pelosi Makes Case for Government-Run Health Option

WASHINGTON (AP) - House Speaker Nancy Pelosi said Thursday that the case is growing stronger for allowing the government to sell health insurance in competition with private companies, contending recent attacks from the industry should dispel any doubts.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 90 90 890
MORTGAGES 131 131 1,083
FORECLOSURE NOTICES 24 51 146
BUILDING PERMITS 187 319 1,524
BANKRUPTCIES 38 85 576
BUSINESS LICENSES 0 74 240
UTILITY CONNECTIONS 27 28 365
MARRIAGE LICENSES 0 0 82

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