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VOL. 124 | NO. 225 | Monday, November 16, 2009

Local ULI Leads Green Charge

Memphis might lag behind other cities when it comes to developing and connecting green spaces, but a collaboration of organizations is working to improve this community’s “greenprint,” or its collection of parks, trails and other natural areas, and then link them to regional and national green spaces.

Loan Losses Still Up at Area Banks

With a few exceptions, most major regional and community banks with a presence in the Memphis market are socking away more money these days to cover troubled parts of their loan portfolios.

Forty Carrots Provides Kitchen, Meal Help

The freezer inside Forty Carrots growls like a hungry stomach, and no matter how hard the employees of this business try, they can’t keep it completely full.

THE MEMPHIS NEWS

Out of Bounds

The August report from the NCAA calls him “student-athlete 1.” Everyone but the NCAA and the University of Memphis calls him Derrick Rose.

Local Weather
Currently
Memphis, TN
40.0°F
A Few Clouds
Wind: Northeast at 13.8 mph
Humidity: 53%

EVENTS

The Greater Memphis Chamber will hold a chamber breakfast forum Wednesday from 7:30 a.m. to 9 a.m. at the Cannon Center for the Performing Arts, 255 N. Main St. State Sen. Mark Norris, R-Collierville, will speak. Cost is $20 for members. Reservations are due today. For reservations, contact Ericka Milford at 543-3518 or emilford@memphischamber.com.

more events »

Folks Like West Set Up for Failure When They Don’t ‘Get’ Memphis

Soon-to-be former Tigers football coach Tommy West started something with what amounted to his exit interview last Monday.

West Not Shy About Giving His Side of Story

University of Memphis football coach Tommy West was fired this month after nine years on the job. The former head coach will stay with the team through the end of the season.

What You See Not Necessarily What You Get With Wine Prices

So, you’re dining at Chez Philippe, the opulent flagship restaurant in The Peabody, and in a celebratory mood – you weren’t indicted after all! – you order a bottle of Veuve Clicquot Yellow Label Non-Vintage Brut Champagne, one of the most familiar and highly marketed French Champagnes in the world.

Wall Cellars Guns Through Free Spirits

She’s a one-handed driver,

Bodine School Teacher Uses Art to Teach, Reach Students

Lori Wakefield isn’t a geography teacher, but her classroom at The Bodine School in Germantown has been morphing into a 3D map for months. As an art teacher working with students who have reading difficulties, she said getting students to invest in their work means going far beyond paint and paper.

REGIONAL

Famed Miss. Judge Gets 18 Months for Lying to FBI

ABERDEEN, Miss. (AP) - Bobby DeLaughter, a history-making prosecutor who became a judge, was sentenced Friday to 18 months for federal obstruction in a case that ended his career and brought down some of the most powerful lawyers in Mississippi.

Walmart Gives $100K for Low-Income Legal Help

LITTLE ROCK, Ark. (AP) - The Walmart Foundation and the Walmart Legal Department have donated $100,000 to provide legal services to low-income people in four east Arkansas counties.

Ark. Officials Say Cuts Won't Hinder Trauma System

LITTLE ROCK, Ark. (AP) - State health officials say a statewide trauma system remains a top priority despite budget cuts.

NATIONAL BUSINESS

Dollar General Shares Rise in IPO Debut

PORTLAND, Ore. (AP) – Shares of Dollar General rose in its first day of trading Friday as investors flocked to the highly anticipated offering of the discount retailer.

Computer Programmers Accused of Aiding Madoff Scam

NEW YORK (AP) - Two former employees for Bernard Madoff programmed an old IBM computer to generate false records that concealed the crooked financier's massive Ponzi scheme and were given hush money when they threatened to stop lying, federal prosecutors said Friday.

Weak Dollar No Quick Fix for Narrowing Trade Gap

WASHINGTON (AP) - A weaker dollar may boost the nation's economy by increasing exports and narrowing the trade gap – but that won't happen anytime soon.

Deficit Doubles for Government Pension Insurer

WASHINGTON (AP) - The government-chartered company that insures the pensions of one in seven Americans said Friday that its deficit this year nearly doubled to $22 billion.

NATIONAL POLITICS

Top White House Lawyer Greg Craig Quitting

TOKYO (AP) - The White House's top lawyer is returning to private practice and being replaced by a longtime adviser to Barack Obama.

HEALTH CARE

CDC's Swine Flu Toll: 4,000 Dead, 22 Million Ill

WASHINGTON (AP) - Estimates of deaths caused by the swine flu have grown to nearly 4,000 since April, roughly quadrupling previous estimates. But that doesn't mean swine flu suddenly has worsened.

FDA Questions Safety of Alcoholic Energy Drinks

WASHINGTON (AP) - The U.S. Food and Drug Administration is challenging makers of alcohol-infused energy drinks to prove their beverages are safe, citing complaints that the products can cause risky behavior and injury.

Weekly Snapshot

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 115 270 19,843
MORTGAGES 141 311 23,225
FORECLOSURE NOTICES 0 48 8,352
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 74 196 13,300
BUSINESS LICENSES 25 48 6,185
UTILITY CONNECTIONS 0 85 13,080
MARRIAGE LICENSES 15 73 4,915

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