VOL. 125 | NO. 203 | Tuesday, October 19, 2010
Incentives boost DeSoto commercial real estate market
With significant commercial real estate progress in 2010, DeSoto County’s stamina has no end in sight, industry professionals say.
The DeSoto County residential market seems to be leveling off after several years of declining numbers. Sales figures for the year-to-date are slightly up, showing small surges and dropoffs after possibly bottoming out in 2008 and 2009.
The spring and summer of 2010 will go down as seasons to remember in Olive Branch.
Since the establishment of the DeSoto County Economic Development Council in 1978, the county has seen the development of numerous industries, jobs and capital investment.
Entrepreneurship in Shelby County dipped in the third quarter from the same period a year ago with the number of business privilege licenses decreasing by 15 percent.
Shelby County Mayor Mark Luttrell has appointed Tom Needham as the new county director of public works. Needham heads a list of mayoral appointments changing the leadership of the department.
For most of this year, the consolidation charter effort was just under the political radar.
The federal government has so far turned a nearly $93 million profit from the investment of emergency capital into Memphis-area banks as part of its larger rescue of the nation’s financial system in 2008.
3810 Hacks Cross Road, Memphis, TN 38125, Sale Amount: $1.9 Million -
Hariom Enterprise Inc. has bought a strip shopping center called The Shoppes at Misty Meadows at 3810 Hacks Cross Road from The Bank of New York Mellon Trust Co. NA, as trustee, for $1.9 million.
As currency skirmishes and unorthodox central bank activity force theory into practice, new economics chapters are being written daily. For this week’s submission I will try to clarify 2010’s Federal Reserve strategy in textbook fashion…circa 2020.
LAS VEGAS (AP) — Harrah's Entertainment Inc., the world's largest casino company, says it plans to become a public company again nearly three years after it was taken private.
NASHVILLE, Tenn. (AP) — More than 150,000 people have cast ballots through the first four days of early voting in Tennessee.
NASHVILLE, Tenn. (AP) — Gov. Phil Bredesen says maintaining a strong relationship with Japan will benefit Tennessee and other Southern states as the economy starts to improve.
NEW YORK (AP) — GE plans to spend $432 million to establish four U.S.-based refrigeration design and manufacturing centers that will be the focus for its new energy efficient line of refrigerators and other appliances.
JACKSON, Miss. (AP) — Mississippi businesses and consumers who struggle to gain credit can turn to nearly a dozen lenders in the state that have received more than $250 million in low-cost capital from the Treasury Department under the Troubled Asset Relief Program.
LITTLE ROCK, Ark. (AP) — A $500,000 federal grant to the Arkansas Crime Information Center will be used to upgrade a website for crime victims.
BLYTHEVILLE, Ark. (AP) — Construction has resumed on the new Greyhound station in Blytheville.
WASHINGTON (AP) — Sluggish spending by businesses and consumers is causing factories to cool their production after they helped lift the economy out of recession.
WASHINGTON (AP) — The public panned it. Republicans obstructed it. Many Democrats fled from it. Even so, the session of Congress now drawing to a close was the most productive in nearly half a century.