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VOL. 123 | NO. 206 | Tuesday, October 21, 2008

Biz Licenses Up in Q3, Down From ’07

Business licenses in Shelby County were up in the third quarter compared to the second.

Assessor Prepares For Reappraisal — And Appeals

As Shelby County assessor of property, Cheyenne Johnson’s job is the equivalent of hitting the bull’s eye on a moving target more than 350,000 times.

Early Voting Numbers Energized by Presidential Race

The limousine turned a few heads on the University of Memphis campus last week. But as a ride to the polls for early voting, it got few takers despite the efforts of some campus Obama supporters.

Poll Finds High Anxiety About Economy

WASHINGTON (AP) – With little relief in sight, people are getting more anxious about the slumping economy and how it affects them.

Bush, Bernanke Open to New Stimulus Package

WASHINGTON (AP) – Momentum increased Monday for a new economic stimulus package as Federal Reserve Chairman Ben Bernanke endorsed extra help for the ailing economy, while the White House was open to the idea.

Local Weather
Currently
Memphis, TN
52.0°F
Partly Cloudy
Wind: South at 8.1 mph
Humidity: 47%

EVENTS

Metro Business Council will host a live webcast of Tom Peter’s presentation “Achieving Excellence in a Disruptive Age” today from 7 a.m. to 1 p.m. at The Crescent Club, 6075 Poplar Ave. The presentation will come from the Gazelles Growth Conference in Atlanta and will focus on what entrepreneurs and business leaders need to thrive and survive in a rapidly changing business environment. Cost is $75 per attendee and seating is limited. For reservations, contact Michael Synk at msynk@in-synk.com or 276-0200.

more events »

Leading Indicators Rise in September

NEW YORK (AP) – The economy’s health improved for the first time in five months in September as supplier deliveries and new orders strengthened, a private research group reported Monday.

Central Gardens Condominiums Under Renovation

1676 Central Ave., Memphis, TN 38104, Loan Amount: $ 750,000 -
Belvedere Central LLC on Sept. 18 took out a $750,000 construction loan for the second phase of the Central Gardens Square Condominium renovation project at 1676 Central Ave.

Bruised Economy Likely to Limp Into Next Year

WASHINGTON (AP) - Beaten down by housing, credit and financial crises, the bruised economy is likely to drag into next year, leaving more people out of work and more businesses wary of making big investments.

Prosecutors Eyeing Wall Street Mess Look for Lies

NEW YORK (AP) - Investigators are hunting through the remains of the stock-market collapse and housing bust of 2008 for fresh signs of white-collar crime, targeting many of the same types of misdeeds that precipitated past market downturns.

Oil Settles Above $74 on Expectation of OPEC Cut

NEW YORK (AP) - Crude oil futures settled above $74 a barrel Monday on expectations that OPEC will cut output later this week, despite fears that the world's largest economies may face recession.

Miss. Casino Revenue Drops 19 Percent in Sept.

JACKSON, Miss. (AP) - The national economic slowdown and a hurricane-induced break hit Mississippi's casino industry in September as revenue dropped 19 percent from the month before, and the state's chief regulator said the dip from the economy could linger for several months.

Childers, Davis Say They'll End Negative Ads

OXFORD, Miss. (AP) - Democrat Travis Childers and Republican Greg Davis are pledging to end negative campaign ads in the waning days of the race for U.S. Representative.

Gun Control a Gray Area Between McCain, Obama

BOSTON (AP) - John McCain supports background checks for buyers at gun shows and has his name on a law restricting special-interest group advertising, two positions strongly opposed by the National Rifle Association.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 331 19,904
MORTGAGES 0 391 23,305
FORECLOSURE NOTICES 0 83 8,387
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 1 232 13,336
BUSINESS LICENSES 0 76 6,213
UTILITY CONNECTIONS 0 125 13,120
MARRIAGE LICENSES 0 94 4,936

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