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VOL. 124 | NO. 220 | Monday, November 9, 2009

UPDATE: County Commission Deadlocks On Mayoral Choice

Huntzicker Emerges Briefly as Compromise Choice

Joyce Avery will serve as Shelby County Mayor until Dec. 10.

UPDATE: West Goes Out With A Bang


University of Memphis football coach Tommy West is staying to the end of the football season.

H1N1 Vaccine Now Available for People 24 and Younger

The Memphis and Shelby County Health Department announced Monday afternoon that it will begin giving free vaccines to older children and young adults.

Commission Expected to Choose County Mayor

This could take awhile.

Banks Make Strengthening Moves

A few months ago, First Horizon National Corp.’s then-chief investor relations officer was named by an industry magazine as the best IR officer among banks with a market capitalization less than $5 billion.

Local Weather
Currently
Memphis, TN
76.0°F
Fair
Wind: East at 3.5 mph
Humidity: 79%

EVENTS

The University of Memphis will host a lecture by Dr. James L. Gelvin today at 7 p.m. in Room 136 in the Fogelman Executive Center. Gelvin is a professor of modern Middle East history at UCLA and will discuss “The Global War on What, Exactly? Making Sense of Political Islam.” A reception and book signing will precede the lecture at 6 p.m.

more events »

Innova Courts Insurance Cos. For $20 Million

Instead of taking it easy during the holidays, Innova officials will be calling on the corporate offices of insurance companies in a quest to raise $20 million by Jan. 1.

Economic Pressure Behind ALSAC Layoffs

American Lebanese Syrian Associated Charities, the fundraising arm of St. Jude Children’s Research Hospital, laid off 70 employees on Friday in the organization’s biggest labor force reduction since the start of the recession.

Evergreen Art Glass Bejewels Churches, Homes

Robbie O’Kelly watches as the late afternoon sun brings the saints to life inside Evergreen Art Glass LLC.

Shelby County Commission Agenda

The Shelby County Commission will meet today at 1:30 p.m. at the Shelby County Administration Building, 160 N. Main St. Among the items on the agenda are several issues considering Memphis Mayor A C Wharton Jr.'s appointments. Click on the icon for the full meeting agenda.

THE MEMPHIS NEWS

A City in Transition

Just before sunrise on a rainy Tuesday morning, the armed officers raided the city office. They didn’t make any arrests, but they took files, interviewed employees and served search warrants. And they temporarily closed the Memphis Animal Shelter.

Cult of Personality Passé in Local Government – Now It’s About Shared Ideas, Values

By now, you may be thinking there’s no real cycle in Memphis politics – that it’s all just one big, loud, brassy parade-like spectacle on an endless loop. You may not always see the marching band and the big guys in the little car, but you can hear them wherever they happen to be.

Erving and Williams: Always ‘Rise Above’ in Life

The National Civil Rights Museum recently honored Myrlie Evers Williams and Julius Erving with its annual Freedom Awards.

'America's Fairy Tale' Hits Orpheum Stage

Ballet Memphis’ season opener offers what lately has been a rain-soaked Memphis a sight for sore eyes: a rainbow. “The Wizard of Oz,” choreographed by Steven McMahon, opens Saturday at The Orpheum Theatre and closes Sunday.

Restaurateur Determined to Thrive At New East Memphis Location

In the parlance of the sweet science, a knockdown occurs when a boxer is knocked to the mat but rises to fight again.

Hints Of Fruit Come With Dry Goodness

Last week’s wine was such a high-octane example of drool fuel that this week perhaps we should dial back the gonzo meter and try a wine you could take home to your silver-haired mother and say, “Ma, this is the wine I want to marry!”

STATEWIDE

Alternative Fuels Get Tested in Nashville Contest

NASHVILLE, Tenn. (AP) - Thirty-one colleges will line up their little vehicles in Nashville this weekend to test alternative fuels.

Stimulus Helps Nearly, Newly Homeless

NASHVILLE, Tenn. (AP) - The mother of five was at wits' end. Her husband had lost his job, their lease-to-purchase house was foreclosed on and she had only one completed sale all year as a real estate agent.

STATE LEGISLATURE

Union City Legislator Will Send Back Increase

UNION CITY, Tenn. (AP) - State Rep. Judy Barker says she won't accept an increase in the daily expense allowance lawmakers received on Oct. 1.

REGIONAL

Robinson, Hood Still Feuding Over Miss. Medicaid

JACKSON, Miss. (AP) - Weeks after exchanging sharp words about each other, Mississippi Medicaid director Bob Robinson and state Attorney General Jim Hood are publicly criticizing each other again.

Beebe: House Health Bill Could Cost Ark. $205M

LITTLE ROCK, Ark. (AP) - Gov. Mike Beebe says that a proposal in the House to overhaul the nation's health care system could add $205 million to the state's budget by 2015.

Ark. Ag Experts Put Weather Losses at $225 Million

FAYETTEVILLE, Ark. (AP) - State agriculture experts say soggy weather that drenched Arkansas during much of the harvest season will cut farm receipts statewide by nearly $225 million.

NATIONAL BUSINESS

Jobless Rate Tops 10 Percent For First Time Since ’83

WASHINGTON (AP) – The national unemployment rate has passed the psychological threshold of 10 percent for the first time since 1983 – and is likely to go higher.

Consumer Borrowing Drops $14.8B in September

WASHINGTON (AP) - Consumers borrowed less for a record eighth straight month in September amid rising unemployment and tight credit conditions. Economists worry the declines in borrowing will drag on the fledgling recovery.

AIG Posts 2nd Consecutive Quarterly Profit

NEW YORK (AP) - AIG said Friday it was profitable for the second straight quarter as its core insurance operations continue to stabilize after the company's bailout by the government last year.

NATIONAL POLITICS

Obama Signs Homebuyer, Jobless Bill Assistance

WASHINGTON (AP) - President Barack Obama signed a $24 billion economic stimulus bill into law Friday, giving tax incentives to prospective homebuyers and additional jobless benefits to those idled by the business slump.

Taxpayers Risked Trillions at Height of Crisis

WASHINGTON (AP) - Government officials put trillions of taxpayer dollars on the line to guarantee risky bank assets – a strategy that could cause permanent and costly market distortions, a government watchdog says.

Weekly Snapshot

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 312 16,192
MORTGAGES 0 293 18,685
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 655 33,126
BANKRUPTCIES 0 237 10,737
BUSINESS LICENSES 0 112 5,198
UTILITY CONNECTIONS 0 127 11,344
MARRIAGE LICENSES 0 94 3,867

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