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VOL. 122 | NO. 237 | Thursday, December 13, 2007

Ardent in the Electronic Age

Legendary recording studio takes its latest act to the Internet

A little more than halfway through the set his band recorded on a recent night at Ardent Studios for a new Internet radio show, vocalist Ben Davis gave audience members in the room something they wanted besides music. In between songs, he shared a few stories from the road.

Bar Gives Arnoult its Highest Honor

Some members of the Memphis Bar Association were concerned that last week's annual meeting luncheon might be overshadowed by Monday's appearance at a bar foundation luncheon by U.S. Supreme Court Justice Antonin Scalia.

Accidental Lawyer Enjoys Work From the Bankruptcy Bench

Since her appointment more than 10 years ago as a federal judge for the U.S. Bankruptcy Court for the Western District of Tennessee, Judge Jennie D. Latta has become a staunch force rallying against abuses of the bankruptcy system.

Wright Medical Under Feds' Microscope Over Relationships With Docs

Wright Medical Group Inc. of Arlington has been included in what is a widening federal probe of the connections such orthopedic medical device companies have with surgeons who install hip and knee joint replacements.

New Innova Prez Hits Ground Running

When Ken Woody started his new job in the past couple of weeks, he already had a backlog of work, which he's more than doubled since then.

Local Weather
Currently
Memphis, TN
69.0°F
Overcast
Wind: from the South at 17.3 gusting to 29.9 mph
Humidity: 70%

EVENTS

The Regional Logistics Council will meet today from 8 a.m. to 10 a.m. at the Memphis Marriott, 2625 Thousand Oaks Blvd. Doug Duncan, CEO of FedEx Freight, will be speaking. The event is free. E-mail Beverly Davis at bdavis@memphischamber.com to confirm reservations.

more events »

SunTrust, Regions Cut Prime Rates

NEW YORK (AP) - SunTrust Bank and Regions Financial on Tuesday lowered their prime rates by one-quarter percentage point after the Federal Reserve cut its key interest rate.

Republicans, Democrats at Odds Over Paying for Middle-Class Tax Relief

WASHINGTON (AP) - Republicans say it's OK not to cover the $50 billion in revenue losses from Congress' annual alternative minimum tax fix to save millions of families from higher taxes - even as the GOP president counts on revenues from that higher levy to reduce the red ink in his budget.

Fed Works With Other Central Banks to Deal With Credit Crunch, But Wall Street Still Concerned

WASHINGTON (AP) - The Federal Reserve on Wednesday announced a novel approach to injecting money into the banking system as it struggles to combat a severe credit crunch that threatens to drag the country into a recession.

Assessor, Court Clerk Candidates Unchallenged in Primaries

Two of the four Shelby County primary elections on the Feb. 5 ballot will be one-candidate affairs.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 344 19,573
MORTGAGES 110 422 22,914
FORECLOSURE NOTICES 2 8,305 8,305
BUILDING PERMITS 207 838 40,029
BANKRUPTCIES 60 356 13,104
BUSINESS LICENSES 21 194 6,137
UTILITY CONNECTIONS 30 147 12,996
MARRIAGE LICENSES 15 65 4,842

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