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VOL. 125 | NO. 240 | Friday, December 10, 2010

More Time Needed for Projects Seeking IDB Approval

All of the items on the Memphis-Shelby County Industrial Development Board’s special meeting Friday were lacking one major detail: time.

Civic Boost

Williams promotes city as unofficial ambassador

Duncan-Williams Inc. has earned its place as one of the premier broker-dealer firms in the Southeast U.S. over the course of its more than 40-year existence.

November Home Sales Slide 24 Percent

The Shelby County housing market continued to tumble last month, with November home sales falling 24 percent compared with the same month a year ago.

Skyline Grows Local Footprint on Vantech Dr.

Skyline Exhibits MidSouth is expanding its presence at East Pointe Business Center.

Concord Academy Holds “Chilly Chili Walk-a-Thon”

Memphis special-needs school Concord Academy is holding its first “Chilly Chili Walk-a-Thon” event Saturday from 11 a.m. to 1 p.m. at the Holy Communion Church Track. Proceeds will benefit the Concord Academy enrichment fund for scholastic achievement.

IDB to Consider $14.3M PILOT for US Foodservice

The Memphis-Shelby County Industrial Development Board will consider a seven-year, $14.3 million payment-in-lieu-of-taxes (PILOT) Friday for a Hickory Hill distribution facility.

Gibbons Tapped for Haslam’s Cabinet

Bill Gibbons began his political journey as an aide to Lamar Alexander when Alexander was governor.

After Interning at Mayo, Fountain Brings Neurosurgical Skills Home

Memphis surgeon Dr. Todd Fountain jokes that in Rochester, Minn., where he was an intern and resident at the Mayo Clinic, the weather was always 70 degrees and fluorescent.

But Seriously

If you’re going to brand my city, get serious.

Nonprofit Holiday Gift List

Ah, the holiday season is upon us! When people spend money they don’t have and receive gifts they don’t need. When we all get cranky with the overcrowded parking lots and stores and become stressed trying to figure out what to give that relative or friend when we don’t have a clue.

MEMPHIS AREA

FedEx Renews Retail Printing Deal With Government

WASHINGTON (AP)FedEx Corp. said Thursday it renewed a deal to provide discounted printing and business services to federal agencies.

STATE LEGISLATURE

Harwell Names Fellow Lawmaker McCord as Clerk

NASHVILLE (AP) – Republican state Rep. Beth Harwell, the GOP nominee for state House speaker, has named a fellow lawmaker who didn't seek re-election this year as chief parliamentarian of the lower chamber.

HEALTH CARE

Medtronic Gets Neurostimulation Device Subpoena

MINNEAPOLIS (AP) Medtronic Inc. disclosed Wednesday that has received a subpoena related to its sales of neurostimulation devices and reimbursement to physicians who used the products.

Life Expectancy Slips, Stroke Dips to No. 4 Killer

NEW YORK (AP) – U.S. life expectancy has dropped slightly – by about a month – after mostly inching up for many years, the government reported Thursday.

NATIONAL BUSINESS

Jobless Claims Fall, Near Lowest Level of the Year

WASHINGTON (AP) – Applications for unemployment benefits dropped last week to the second-lowest level this year, fresh evidence that companies are cutting fewer jobs.

Mortgage Rates Hit 4.61 Pct.; Refis Could Slow

NEW YORK (AP) – Rates on fixed mortgages rose for the fourth straight week this week. The surge could slow refinancings and further hamper the housing market.

Procter & Gamble Moves From Soap Operas to Tweets

CINCINNATI (AP) – Goodbye, "Guiding Light." Hello, YouTube.

NATIONAL POLITICS

Massive Budget Bill Faces Opposition in Senate

WASHINGTON (AP) – The fate of House legislation to freeze the budgets of most Cabinet departments and fund the war in Afghanistan for another year is now in the hands of the Senate, where it faces uncertain prospects.

House Democrats Reject Tax Plan Without Changes

WASHINGTON (AP) – House Democrats voted Thursday to reject President Barack Obama's tax deal with Republicans in its current form, but it was unclear how significantly the package might need to be changed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 61 331 19,904
MORTGAGES 80 391 23,305
FORECLOSURE NOTICES 0 83 8,387
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 35 231 13,335
BUSINESS LICENSES 28 76 6,213
UTILITY CONNECTIONS 0 125 13,120
MARRIAGE LICENSES 21 94 4,936

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