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VOL. 124 | NO. 247 | Thursday, December 17, 2009

Flintco a Shoo-in for Airport Contract

A project that will transform the look and feel of Memphis International Airport will reach an important milestone today when the Memphis-Shelby County Airport Authority’s Board of Commissioners votes to award a contract for the construction of a $110 million airport ground transportation center.

Council Vows No Tax Hike To Find $50 Million For MCS

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.

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.

Once-Embattled Wilbun to Run for Juvenile Court Clerk

The invitations urged political supporters to “Return Shep Wilbun” to the Memphis-Shelby County Juvenile Court Clerk’s office.

Sickle Cell Innovation Encouraging, But Not Silver Bullet

Nine out of 10 adults with sickle cell had the disease reversed after undergoing a new modified stem cell transplant regimen developed by researchers, but a cure still remains elusive for most people living with the illness.

Local Weather
Currently
Memphis, TN
65.0°F
Overcast
Wind: North at 11.5 mph
Humidity: 49%

EVENTS

The Memphis Bar Association will hold a continuing legal education seminar today from 8:30 a.m. to 11:45 a.m. at the MBA office, 80 Monroe Ave., Suite 220. Teresa Bullington of the Tennessee Department of Labor and Workforce Development, Stephen Libby of The Libby Law Firm and Kevin Washburn of Allen Summers Simpson Lillie & Gresham will speak about workers compensation.

more events »

Local Musicians, Artists Soon Will Have Legal Outlet

Musicians and artists in the Memphis area are now able to seek legal help through a new partnership among the Memphis Music Foundation, ArtsMemphis, Memphis Area Legal Services Inc. and others.

Gallery Survives Despite Economic Onslaught

When Hannah Davis opened her art gallery on Huling Row in the summer of 2008, the Great Recession was preparing to send the economy into cardiac arrest.

State Revokes Appraiser’s License

The Tennessee Real Estate Appraisers Commission has permanently revoked the license of Alvin R. Torrance for allegedly inflating property values at six Memphis area locations with “highly misleading or fraudulent” appraisals.

Raynor Brings In-House Hospitality Experience To Burch, Porter & Johnson

Ted C. Raynor recently joined Burch, Porter & Johnson PLLC, bringing extensive experience in the hospitality industry to the firm.

STATEWIDE

State Program Helps Revive Business Districts

NASHVILLE – The state has begun a community improvement program for cities and counties seeking to revitalize traditional commercial districts.

GM Transfers Workers from Tenn. to Mich. Plant

DELTA TOWNSHIP, Mich. (AP) - About 425 General Motors workers are transferring from a closed Tennessee plant to one west of Lansing.

REGIONAL

New Police Chief Hired in Tupelo

TUPELO, Miss. (AP) - The city council has approved a new police chief in Tupelo.

NATIONAL BUSINESS

Fed Holds Rates at Record Low to Fuel Recovery

WASHINGTON (AP) - The Federal Reserve pledged Wednesday to hold interest rates at a record low to drive down double-digit unemployment and sustain the economic recovery.

SEC Backs Broader Disclosure on Executive Pay

WASHINGTON (AP) - Federal regulators voted Wednesday to require companies to reveal more information about how they pay their executives amid a public outcry over compensation.

Intel Hit with More Antitrust Charges in FTC Suit

SAN FRANCISCO (AP) - The Federal Trade Commission piled on new antitrust charges against Intel Corp. on Wednesday, seeking to end what it described as a decade of illegal sales tactics that have crippled rivals and kept prices for computer chips artificially high.

American Proposes JAL as Exclusive NE Asia Partner

ATLANTA (AP) - American Airlines has proposed making JAL its exclusive northeast Asian partner to keep it from Delta's clutches.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 57 252 6,191
MORTGAGES 73 287 7,379
FORECLOSURE NOTICES 0 37 1,152
BUILDING PERMITS 227 556 13,147
BANKRUPTCIES 40 153 4,500
BUSINESS LICENSES 25 86 2,448
UTILITY CONNECTIONS 37 110 2,650
MARRIAGE LICENSES 16 65 1,300

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