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VOL. 122 | NO. 227 | Thursday, November 29, 2007

Progress on Firestone Course Proceeds at Snail's Pace

When the old Firestone tire plant in the New Chicago neighborhood of North Memphis closed in 1982, the facility that once employed thousands of area residents was left vacant and eventually became an eyesore. Economic development in the inner-city community around it screeched to a halt.

Young Lawyers Make Mark on Bar

Someday they will be partners or judges, lawmakers or law professors. But for many attorneys in the Memphis Bar Association's Young Lawyers Division, the future is now.

Counsel on Call's Branham Recognized for Pro Bono Work

Memphis attorney Andrew C. Branham has been honored by the Tennessee Bar Association for the role he played in planning its first pro bono initiative.

Some Changes Approved to Strengthen Open Records Laws

NASHVILLE (AP) - A proposal to clarify and strengthen open records laws squeaked by on a 9-8 vote Tuesday in a study committee on open government.

Shelby Farms Meetings Continue Over Weekend

The Shelby Farms Park Conservancy continues a series of public forums Saturday on a park master plan with two meetings at the Shelby Farms Park Visitors Center.

Local Weather
Currently
Memphis, TN
70.0°F
Fair
Wind: Calm mph
Humidity: 87%

EVENTS

The Memphis Regional Chamber will hold its monthly Breakfast Forum today from 7:30 a.m. to 9 a.m. at The Peabody Hotel, 149 Union Ave. Carolyn Hardy, owner of Chism Hardy Enterprises Inc., will be the speaker. For more information, contact Ericka Milford at emilford@memphischamber.com or 543-3518.

more events »

Wells Fargo Loses $1.4B on Equity Loans

SAN FRANCISCO (AP) - After avoiding major trouble most of the year, Wells Fargo & Co. has finally bogged down in the mortgage muck that's muddying one major bank after another.

Judicial Panel Delays Vote on Jury Selection Update

NASHVILLE (AP) - A judicial panel looking for ways to tighten jury duty exemptions on Tuesday delayed voting on recommendations so they can evaluate further proposals.

King Family Getting Involved in Memphis Museum Dispute

MEMPHIS (AP) - Martin Luther King III is joining critics who argue that the governing board of the National Civil Rights Museum, on the site of his father's death, is too closely tied to big business, a spokesman has said.

Fed Says Economy Logged Slower Growth as Shoppers Watched Pennies Heading Into Holiday Season

WASHINGTON (AP) - The economy grew at a slower pace in the late fall as shoppers watched their pennies heading into the busy holiday season.

Profits at Banks Dropped by 25 Percent in Third Quarter Amid Mortgage Industry Troubles

WASHINGTON (AP) - Third-quarter profits at federally insured banks and thrifts plunged to a four-year low as large institutions set aside billions to cover losses from bad mortgages, data released Wednesday show.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 209 209 16,401
MORTGAGES 252 252 18,937
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 393 393 33,519
BANKRUPTCIES 124 124 10,861
BUSINESS LICENSES 57 57 5,255
UTILITY CONNECTIONS 102 102 11,446
MARRIAGE LICENSES 70 70 3,937

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