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VOL. 125 | NO. 234 | Thursday, December 2, 2010

Bar Association Meeting Moves East

The Memphis Bar Association will announce the election of new officers at its annual meeting Thursday at The Racquet Club of Memphis in addition to handing out awards to hard-working attorneys whose professionalism, volunteer spirit and service to the profession have earned them distinction.

Protective SHIELD

Nonprofit helps those in need find permanent housing

The foreclosure crisis’ debilitating effect on the housing market is changing the meaning of the word homeless.

Donald Nominated To Sixth Circuit By Obama

U.S. District Court Judge Bernice Donald of Memphis has been nominated by President Barack Obama to the U.S. Sixth Circuit Court of Appeals.

Magna Boosts Lending Power with Q10 Affiliation

Magna Bank has joined the Q10 capital network, a prestigious affiliation that gives the Memphis bank access to many more sources of real estate capital.

Student, Teacher Development at Heart of Big Gifts

Two “seven figure gifts” to two local private schools since June have spotlighted a different path to civic issues often viewed through a political prism.

Local Weather
Currently
Memphis, TN
78.0°F
Overcast
Wind: Southeast at 10.4 mph
Humidity: 79%

EVENTS

Baker, Donelson, Bearman, Caldwell & Berkowitz PC will host a roundtable discussion with attorney Grady Garrison titled “The Application of ‘Entire Market Value Rule’ to Patent Damages Analysis” Thursday from noon to 1 p.m. at Baker Donelson’s office at 165 Madison Ave, 20th floor. For more information or to register, contact Brittany Meeker at 577-2275 or bmeeker@bakerdonelson.com.

more events »

Local Groups Provide Feel-Good Gift, Card Options

‘Tis the season for giving, and despite an uncertain economy – or perhaps because of it – many Mid-Southerners are making charitable donations to honor others this holiday.

Louisville Company Buys St. Peter Villa

St. Peter Villa Rehabilitation and Nursing Center in Memphis has been acquired by Signature HealthCARE of Louisville, Ky.

Memphis Groups Celebrate Service of Arts Access Leader

When Karen Zissoff moved to Memphis from Canada, she saw a need for an affordable dance studio.

Petties to Plead Guilty to Contraband Charges

Craig Petties is scheduled to plead guilty to charges he had contraband while in prison awaiting trial on other charges

After Serving Country, Maj. Gen. Harvey Now Serves Law

Albert Harvey’s career longevity as an attorney is rivaled only by his 39-year career with the U.S. Marine Corps and the Marine Corps Reserves.

Keep Year-End Financially Sane

Ray’s Take: The end of the year is upon us. Many of you may be mentally reviewing checklists of financial tasks you have to complete by the end of the year.

A Simple Exercise in Creative Thinking

In his book “A Whack on the Side of the Head,” author Roger von Oech relates an interesting story about creativity.

MEMPHIS AREA

New Tourism Trail Created in West Tennessee

MEMPHIS (AP) – State officials are trying to spur tourism in West Tennessee by establishing a new driving trail featuring 196 points of interest and historic sites.

REAL ESTATE

Freddie Mac Halts Home Evictions for Holidays

MCLEAN, Va. (AP) – Freddie Mac said Wednesday that it will suspend foreclosure evictions from Dec. 20 through Jan. 3 of next year.

NATIONAL BUSINESS

Construction Spending Rises 0.7 Percent in October

WASHINGTON (AP) – Construction spending rose for the second straight month in October, pushed up by growth in residential building and government projects.

2 Million Lose Jobless Benefits as Holidays Arrive

Extended unemployment benefits for nearly 2 million Americans begin to run out Wednesday, cutting off a steady stream of income and guaranteeing a dismal holiday season for people already struggling with bills they cannot pay.

Fed Survey: Economic Growth Picks Up in Most of US

WASHINGTON (AP) – The U.S. economy improved this fall as factories produced more goods and shoppers spent more money.

NATIONAL POLITICS

IRS Warns Lawmakers About Retroactive Tax Changes

WASHINGTON (AP) – IRS Commissioner Doug Shulman warned lawmakers Wednesday that retroactively changing 2010 tax laws early next year "would be extremely detrimental to the entire tax filing season and to tens of millions of taxpayers."

Fed ID's Companies That Used Crisis Loan Programs

WASHINGTON (AP) – The Federal Reserve revealed details Wednesday of more than $3 trillion in emergency aid it provided to U.S. and foreign banks during the financial crisis.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 87 87 7,836
MORTGAGES 108 108 9,307
FORECLOSURE NOTICES 6 6 1,364
BUILDING PERMITS 130 130 16,737
BANKRUPTCIES 55 55 5,461
BUSINESS LICENSES 32 32 2,980
UTILITY CONNECTIONS 47 47 3,297
MARRIAGE LICENSES 37 37 1,725

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