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VOL. 124 | NO. 196 | Tuesday, October 6, 2009

Investor Announces $1B Auto Plant for Tunica

TUNICA COUNTY – Renowned for growing cotton and building casinos, Tunica County soon will make a name for manufacturing cars.

Lowery Tells Rotary Forum He's Two Year Mayor

Memphis Mayor Pro Tempore Myron Lowery told an audience of 200 today that he probably would not run in the 2011 city elections if he wins the Oct. 15 special election for mayor.

City Pushes For East Parkway Facelift For Fairgrounds

The city has no new developer for a proposed overhaul of The Fairgrounds. But it will continue with the demolition of what used to be Libertyland theme park.

Doctors Group Sues AmeriChoice

Mid-South Imaging & Therapeutics PA, a hospital-based group of more than 30 radiologists, has filed suit against AmeriChoice, accusing the insurance company of “unfair and deceptive trade practices.”

New Owner Hopes to Improve Apartment Complex

Philadelphia-based Resource Real Estate Inc. has pulled the trigger on Shelby County’s third-largest commercial real estate deal of the year, paying $9.5 million for the Wyndridge Apartments in a special warranty deed.

Local Weather
Currently
Memphis, TN
75.0°F
A Few Clouds
Wind: East at 3.5 mph
Humidity: 88%

EVENTS

The Germantown Area Chamber of Commerce will hold a seminar series for business owners and executives today from 7:45 a.m. to 9:30 a.m. in the Community Room of Baptist Rehabilitation Germantown, 2100 Exeter Road. Cost is $10. Breakfast will be provided. For reservations, call 755-1200.

more events »

Council to Address Piece Of Triangle Noir Effort

It’s the real estate equivalent of alchemy: a 10-year, $1 billion plan to transform 20 blocks of Downtown blight.

Blacks, Women Strongest Early Voters

Early voting in the special election for Memphis mayor cracked the 25,000 mark over the weekend.

Wharton Turns in 10 Names for Consolidation Commission

Shelby County Mayor A C Wharton Jr. has come up with 10 appointees to a metro charter commission and has sent the names to the Shelby County Commission for approval.

First H1N1 Vaccines Given At Le Bonheur

Holly Smith, a registered nurse and mother of two young children, became the first Tennessean and one of the first people in the United States to receive the H1N1 vaccine Monday.

Golf Performance Center Slated For Timberlake’s Mirimichi

6129 Woodstock Cuba Road, Millington, TN 38053, Permit Amount: $1.3 Million -
Mirimichi golf course near Millington – the facility owned by megastar and Memphis native Justin Timberlake and his family – soon will begin work on the Callaway Performance Center, according to a $1.3 million building permit filed last week with the city-county Office of Construction Code Enforcement.

MEMPHIS AREA

Principals Charged with Failure to Report Assault

MEMPHIS, Tenn. (AP) - A Memphis high school principal and assistant principal have been charged with failure to report an assault against a student.

STATE LEGISLATURE

Tenn. GOP Chairwoman to Challenge Bart Gordon

MURFREESBORO, Tenn. (AP) - Rutherford County GOP Chairwoman Lou Ann Zelenik is seeking the Republican nomination to challenge longtime Democratic U.S. Rep. Bart Gordon.

NATIONAL BUSINESS

Government Report Questions Rescue Claims

WASHINGTON (AP) - The credibility of the government's $700 billion financial rescue program was damaged by claims a year ago that all of the initial banks receiving support were healthy, a new report contends.

AP Analysis: Signs of Recovery in Some US Areas

WASHINGTON (AP) - Signs of a slow and fitful recovery emerged in August in some communities across the country where unemployment dropped and foreclosures stabilized, according to The Associated Press' monthly analysis of economic stress in more than 3,100 U.S. counties.

Great Time for US Consumers: America is on Sale

NEW YORK (AP) - There has never been a better time to be a consumer. America is on sale.

Three Americans Share Nobel Medicine Prize

NEW YORK (AP) - Three Americans won the Nobel prize in medicine on Monday for discovering how chromosomes protect themselves as cells divide, work that has inspired experimental cancer therapies and may offer insights into aging.

NATIONAL POLITICS

U.S. Supreme Court Begins With Arguments Over Lawyer Request, Qwest Case

WASHINGTON (AP) – The U.S. Supreme Court began its 2009 term Monday, trying to decide how long a suspect’s request for a lawyer is valid.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 312 16,192
MORTGAGES 0 293 18,685
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 655 33,126
BANKRUPTCIES 0 237 10,737
BUSINESS LICENSES 0 112 5,198
UTILITY CONNECTIONS 0 127 11,344
MARRIAGE LICENSES 0 94 3,867

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