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VOL. 125 | NO. 213 | Tuesday, November 2, 2010

Election Day Promises Big Turnout

The final election of 2010 on Tuesday could draw nearly half of Shelby County’s 603,000 voters.

Opening Move

Lawsuits only initial step in battle against blight

The owners of 138 run-down properties sued by the city on the recommendation of code enforcement officials will soon be due in court for a series of hearings that start later this month.

Accredo Continues Record-Setting Streak

The record-breaking streak for Accredo Health Group kept rolling during the third quarter as the Memphis-based company made $2.9 billion in revenue.

Clark Bros. Stymied By Housing Woes

Partners with a renowned Memphis-based real estate development firm are experiencing the foreclosure crisis first-hand.

Memorial Quilt to Raise Money for Church Health Center

Quilts have provided warmth and comfort to people for generations, but Nelle Lewis identified a new purpose for the handmade bedding.

Local Weather
Currently
Memphis, TN
75.0°F
Mostly Cloudy
Wind: Calm mph
Humidity: 82%

EVENTS

The Greater Memphis Chamber will host a forum titled “Healthcare Reform 101: How the Historic Bill Will Affect Your Business and Your Wallet” Tuesday from 7:30 a.m. to 9:30 a.m. at the Holiday Inn Select Memphis East, 5795 Poplar Ave. For reservations, e-mail Ericka Milford at emilford@memphaischamber.com or visit www.memphischamber.com.

more events »

Corner Park Complex Sells for $558K in Foreclosure

4150 Winchester Road, Memphis, TN 38118, Sale Amount: $558,000 -
City National Bank has bought back the Corner Park apartment complex at 4150 Winchester Road from substitute trustee Stewart Title of Memphis Inc. for $558,000.

The Tsunami Comes Ashore

Rick Santelli of CNBC initiated a political tsunami by uttering the words “tea party” in his famous rant from the floor of the Chicago Mercantile Exchange on Feb. 19, 2009.

STATEWIDE

Latest Tenn. Report Shows 163 Jobs Ending

NASHVILLE (AP) – Tennessee labor officials say the state is losing 163 jobs – none in Shelby County – with planned cuts reported by companies.

HEALTH CARE

UT College of Pharmacy Studies Prescription Drug Deaths

NASHVILLE (AP) – A soon-to-be-released study found that more than 1,600 Tennesseans died from prescription drug abuse over a three-year period.

NATIONAL BUSINESS

Economy Offers Mixed Picture Day Before Election

WASHINGTON (AP) – A mixed picture of the economy emerged one day before key midterm elections that have focused on the nation's financial health.

Manufacturing Activity Surges in October

WASHINGTON (AP) – Manufacturing activity expanded last month at the fastest pace since May, driven by demand in the United States and abroad for cars, computers and other goods.

Why Growth Will Stay Too Weak to Ease Unemployment

WASHINGTON (AP) – An economy growing 2 percent a year might be tolerable in normal times. Today, it's a near-disaster.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 105 105 9,674
MORTGAGES 82 82 11,396
FORECLOSURE NOTICES 17 17 1,651
BUILDING PERMITS 134 134 20,444
BANKRUPTCIES 58 58 6,495
BUSINESS LICENSES 27 27 3,473
UTILITY CONNECTIONS 48 48 4,031
MARRIAGE LICENSES 32 32 2,211

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