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VOL. 124 | NO. 233 | Friday, November 27, 2009

Commercial Sales See Bump in October

High-dollar transactions involving a wide range of properties – vacant land, a strip center, an apartment complex and a couple of warehouses – helped Shelby County’s commercial market register a relatively decent month by 2009 standards during October.

PILOT Change Rewards Companies for Keeping Jobs

With a vote by the Shelby County Commission Monday, legislative bodies for Memphis and Shelby County now have approved a major change to the way local tax breaks are awarded to eligible companies.

Crittenden Regional Hospital’s Carter Sees Memphis Hospitals as Trauma Partners

Jamie Carter, the chief executive officer of Crittenden Regional Hospital in West Memphis, knows that state lines and political boundaries don’t matter in the business of saving lives.

MEMPHIS AREA

Shelby County Sees Slight Uptick in Unemployment

Tennessee’s October unemployment rate was 10.5 percent, unchanged from the September rate. The national unemployment rate for the month of October was 10.2 percent.

Local Weather
Currently
Memphis, TN
55.0°F
Mostly Cloudy
Wind: South at 10.4 mph
Humidity: 38%

EVENTS

The Center for Southern Folklore will host a free performance by singer and guitarist James Bonner today from noon to 1 p.m. at the center, 123 S. Main St. For more information, call 525-3655.

more events »

STATE LEGISLATURE

Bredesen Unsure in Selecting Among Severe Cuts

NASHVILLE, Tenn. (AP) - Now that Gov. Phil Bredesen has heard a series of proposals for severe budget cuts at state agencies, he's preparing for what he calls the "painful" task of crafting a spending plan.

Wamp to Release Financial Info in Governor's Bid

NASHVILLE, Tenn. (AP) - Gubernatorial candidate Zach Wamp says he will join fellow Republican and Shelby County Dist. Atty. Bill Gibbons in releasing his tax returns and other personal financial details.

REGIONAL

October Home Sales Rise 23 Pct in South

MIAMI (AP) - October home sales in the U.S. South vaulted 23 percent from last year as buyers scrambled to grab an expiring tax credit and wrestled for lower-priced homes, the National Association of Realtors said Monday.

NATIONAL BUSINESS

As Banks Gain, US Treasury Rethinks Bailout

WASHINGTON (AP) – Big U.S. banks are roaring back.

Smart Spending: When Black Friday is Worth Effort

PORTLAND, Ore. (AP) - Shopping on Black Friday can be daunting, with massive crowds, pre-dawn start times and long checkout lines.

Consumer Group Warns about Toy Hazards

WASHINGTON (AP) - Holiday shoppers should look out for toy hazards such as small parts, loud sounds, soft plastics and lead contamination, consumer advocates warned Tuesday.

Gift Guide: Tech Gadgets Can Boost Your Workouts

In simpler times, maintaining good health was a matter of joining a gym or lacing up running shoes for a loop in the park. At most, you'd buy a watch with a digital display so you could time your laps.

NATIONAL POLITICS

SPIN METER: ‘War and Peace’ In 209 Pages?

WASHINGTON (AP) – Republicans are using everything short of forklifts to show Americans that Democratic health care legislation is an unwieldy mountain of paper.

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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.