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VOL. 122 | NO. 197 | Wednesday, October 17, 2007

Sunken SCHIP?

Vote to resurrect child health care bill underscored by partisan wrangling

For the past two weeks, battle lines have taken shape in Congress over what might at first seem like an unlikely topic: a piece of legislation dealing with a federally funded children's health insurance program.

Wurzburg Celebrates 100th Birthday, Seeks New CEO

Wurzburg Inc. might be reorganizing its top management and adopting new technologies, but the longtime Memphis company has no intention of changing the way it's done business since the early 1900s.

Barrett Opens Design and Marketing Firm

Stefanie Barrett has opened Barrett Creative, a full-service graphic design and marketing firm. Barrett has more than 15 years of experience. She is a member of the National Association of Women Business Owners (NAWBO), the Memphis Chamber of Commerce and Women on the Move, and serves as the marketing sponsor for the Commission on Missing and Exploited Children (COMEC) and the Small Business Chamber.

Harold Ford Jr. to Teach at University of Texas

NASHVILLE, Tenn. (AP) - Former U.S. representative from Memphis and 2006 Senate candidate Harold Ford Jr. has been named a visiting professor at the University of Texas at Austin.

Bernanke Says Slump Will Slow Economy, Wall Street Recovery

WASHINGTON (AP) - A deepening housing slump probably will be a "significant drag" on economic growth into next year and it will take time for Wall Street to fully recover from a painful credit crisis, Federal Reserve Chairman Ben Bernanke warned Monday.

Local Weather
Currently
Memphis, TN
82.0°F
Partly Cloudy
Wind: Northeast at 9.2 mph
Humidity: 63%

EVENTS

The Society of Entrepreneurs (SOE) will host its Entrepreneurs Roundtable today at noon in the Entrepreneur Hall of Honor at the Pink Palace Museum, 3050 Central Ave. Call 682-9920 or e-mail pearson@soememphis.com.

more events »

Supreme Court Rejects Microsoft, Best Buy Appeal to Dismiss Racketeering Class-Action Lawsuit

WASHINGTON (AP) - The Supreme Court Monday rejected an appeal by Microsoft Corp. and a unit of Best Buy Co. Inc. to dismiss a lawsuit alleging violation of racketeering laws through fraudulently signing up customers for Microsoft's online service.

Mortgage Executives say Housing Price Decline Expected to Stretch Into at Least 2009

BOSTON (AP) - U.S. housing prices will continue to decline at least through the end of next year and may not begin creeping upward again until 2010, executives from the nation's biggest mortgage financiers said Monday.

Study: Government Must do Better Job Protecting Mississippi River

WASHINGTON (AP) - States and the federal government need to coordinate their efforts to monitor and protect the water of the Mississippi River, a new analysis urges.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 79 396 11,921
MORTGAGES 90 443 13,870
FORECLOSURE NOTICES 10 70 1,928
BUILDING PERMITS 191 975 25,139
BANKRUPTCIES 56 289 7,762
BUSINESS LICENSES 23 184 4,083
UTILITY CONNECTIONS 22 166 4,847
MARRIAGE LICENSES 16 81 2,625

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