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

Forgot your password?
Skip Navigation Links
VOL. 124 | NO. 246 | Wednesday, December 16, 2009

Barnes and Noble to Close Winchester Location

Citing a downturn in customer traffic, Barnes and Noble is closing one of its four Memphis stores at the end of this month.

UPDATE: Council Set To Vote On MCS Funding Without Tax Hike Option

Memphis city council members have a framework for paying the Memphis school system $50 million by the end of the current fiscal year in July.

Main Street’s ‘Big Hole’ Reaches Symbolic Milestone

Today’s topping off ceremony for what once was a giant hole at 100 S. Main St. represents a milestone. By next summer, the property will be the site of a parking garage and 92 apartment units.

MERI Works to Become World-Renowned Training Facility

The reach of the Medical Education and Research Institute expands far beyond the former post office it occupies on Cleveland Avenue.

MED May Offer CEO Job To Coopwood

Dr. Reginald Coopwood, who leads a publicly owned hospital system in Nashville, has emerged as the leading candidate to be the new chief executive officer at The Regional Medical Center at Memphis.

Local Weather
Currently
Memphis, TN
45.0°F
Fair
Wind: from the South at 17.3 gusting to 33.4 mph
Humidity: 40%

EVENTS

The Memphis Botanic Garden will host “Career Class: Finding a Job in a Challenging Economy” with Dr. Fred Dorn today from 7 a.m. to 8:30 a.m. and from 3 p.m. to 4:30 p.m. at the garden, 750 Cherry Road. Cost is $159 for members and $179 for nonmembers. Call 636-4128 to register.

more events »

Petties Drug Case Reaches Pivotal Juncture

The largest drug case ever presented in Memphis federal court reaches a critical phase today when U.S. Attorney Larry Laurenzi begins a series of meetings with attorneys for five of the nine defendants.

Stephens Named Executive Director Of Exceptional Foundation of West Tenn.

Jeni Stephens has been named the executive director of the Exceptional Foundation of West Tennessee.

STATEWIDE

Audit: Too Few Biofuel Pumps For State Cars

NASHVILLE (AP) – Most state agencies will miss a Jan. 1 goal of cutting gas and diesel use in official vehicles by 20 percent because of gaps in the supply of biofuels around Tennessee, according to a new state audit.

STATE LEGISLATURE

Source: Bredesen Wants Special Session on Schools

NASHVILLE, Tenn. (AP) - A person familiar with conversations between Gov. Phil Bredesen and Tennessee lawmakers says the governor plans to call a special legislative session to take up education issues next month.

REGIONAL

Brokers: Oxford Home Sales Showing Steady Growth

OXFORD, Miss. (AP) - Real estate brokers say home sales in the north Mississippi university town of Oxford are slowly perking up after a rough drop last year.

NATIONAL BUSINESS

Fed is Expected to Leave Rates at Record Low

WASHINGTON (AP) - The Federal Reserve is expected to leave interest rates at a record low this week. The big question is whether Chairman Ben Bernanke and his colleagues will hint about when they will reverse course and start boosting rates.

Foreign Demand for Long-Term US Assets Slows

WASHINGTON (AP) - Foreign demand for long-term U.S. financial assets slowed in October and China's holdings of U.S. Treasury securities were unchanged.

NATIONAL POLITICS

House Dem: Short-Term Debt Limit Hike Will Pass

WASHINGTON (AP) - The No. 2 Democrat in the House said Tuesday that Congress will pass a two-month, $200-billion-plus increase in the government's ability to borrow as one of its final acts before closing shop for Christmas.

NATIONAL POLITICS

Homebuilder Sentiment Index Dips in December

LOS ANGELES (AP) - Even a holiday gift from Uncle Sam couldn't brighten the homebuilders' outlook in December.

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 46 229 20,995
MORTGAGES 74 248 24,609
FORECLOSURE NOTICES 0 27 8,637
BUILDING PERMITS 282 641 42,978
BANKRUPTCIES 61 177 14,079
BUSINESS LICENSES 12 58 6,459
UTILITY CONNECTIONS 0 85 13,596
MARRIAGE LICENSES 20 67 5,136

Weekly Edition

Issues | About

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