» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation Links
VOL. 124 | NO. 217 | Wednesday, November 4, 2009

Stanford Receiver to Investors: Don’t Expect Much Back

Under the most optimistic scenario, as much as 20 cents on the dollar could be returned to victims of the investment fraud that brought down Stanford Financial Group.

FedEx Institute Plants Seeds for Patent Income, Commercial Ventures

Biomedical engineering and chemistry are two hot spots for innovation at the University of Memphis, where the FedEx Institute of Technology seeks to usher academic discoveries to the commercial marketplace.

Exchange Club Family Center Names Ratcliff Marketing, Special Events Director

Karen Ratcliff has joined the Exchange Club Family Center as director of marketing and special events.

MEMPHIS AREA

Memphis Man Second to Go to Court for Contraband Cigs

GREENVILLE, Miss. (AP) - A Memphis businessman linked to a multistate black-market cigarette operation will be in federal court in Greenville on Nov. 24 to face charges in the investigation, according to court documents.

Local Weather
Currently
Memphis, TN
75.0°F
Light Rain
Wind: West at 10.4 mph
Humidity: 84%

EVENTS

The Alliance for Nonprofit Excellence will hold a workshop today from 8:30 a.m. to noon at its office, 5100 Poplar Ave., Suite 502. Tim Bolding, founding executive director of United Housing Inc., will speak. Cost is $90 for members, $150 for nonmembers and $80 for those in the Program for Nonprofit Excellence. For more information, call 684-6605 or visit www.npexcellence.org.

more events »

STATEWIDE

TBI Proposes Crime Lab Testing Fees

NASHVILLE (AP) – The Tennessee Bureau of Investigation wants to start charging local police agencies for testing done at the state’s crime labs.

Bredesen: Stimulus Has 'Concealed' Budget Woes

NASHVILLE, Tenn. (AP) - Tennessee's budget woes will likely make layoffs of state employees unavoidable, Gov. Phil Bredesen said Tuesday.

REGIONAL

Ark. Revenues Again Fall Below Predictions

LITTLE ROCK, Ark. (AP) - Arkansas finance officials said Tuesday that the state collected $17.8 million less than expected last month, as state agencies prepared to detail their plans for cutting budgets.

Flood Causes $20K Damage to Oxford’s City Hall

OXFORD, Miss. (AP) - Oxford officials are cleaning up city hall after vandals plugged up a sink and left water running that flooded the building.

Elvis Birthday Salute Kicks Off Jan. 7

TUPELO, Miss. (AP) - The city of Tupelo will celebrate Elvis Presley's 75th birthday in January with special exhibits, art displays and concerts.

NATIONAL BUSINESS

Buffett’s Berkshire Buying Burlington Northern

NEW YORK (AP) – Warren Buffett’s Berkshire Hathaway Inc. on Tuesday agreed to buy Burlington Northern Santa Fe Corp., making a $34 billion bet on the future of the U.S. economy.

Madoff's Longtime Auditor Pleads Guilty to Fraud

NEW YORK (AP) - Bernard Madoff's longtime auditor pleaded guilty to securities fraud charges Tuesday, saying he failed to do his job to verify the disgraced money manager's financial records but did not know Madoff was running history's biggest Ponzi scheme.

Nevada Judge Approves Wal-Mart Wages Settlement

LAS VEGAS (AP) - Wal-Mart Stores Inc. received final approval on Monday of a settlement in which it will pay between $65 million and $85 million to resolve wage-and-hour violations alleged by millions of workers.

Factory Orders Rise 0.9 Percent in September

WASHINGTON (AP) - Orders to U.S. factories rebounded in September, helped by strength in autos, heavy machinery and military aircraft.

NATIONAL POLITICS

House GOP Offers 230-Page Health Bill

WASHINGTON (AP) – House Republicans have produced a health care bill to offer as an alternative to legislation by majority Democrats, focusing more on lowering costs than expanding coverage.

Races an Early Test of Obama Influence

WASHINGTON (AP) - In a very early test of President Barack Obama's political influence, two states are choosing whether to continue Democratic rule while voters elsewhere elect a handful of congressmen and big-city mayors.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 92 280 9,849
MORTGAGES 105 287 11,601
FORECLOSURE NOTICES 11 39 1,673
BUILDING PERMITS 247 575 20,885
BANKRUPTCIES 44 163 6,600
BUSINESS LICENSES 38 90 3,529
UTILITY CONNECTIONS 30 109 4,092
MARRIAGE LICENSES 16 79 2,258

Weekly Edition

Issues | About

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