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

Forgot your password?
Skip Navigation Links
VOL. 124 | NO. 237 | Thursday, December 3, 2009

First MED Task Force Meeting Focuses On State Funding

Shelby County Commissioner Mike Ritz identified Tennessee as the primary deadbeat for failing to pay its share to The Regional Medical Center at Memphis during the first meeting today of a special task force looking for ways to help the financially struggling hospital.

Luminetx to Be Acquired by Christie Digital Systems

Luminetx Corp. announced today that its board of directors has entered into an agreement to be acquired by Christie Digital Systems Inc., which has already loaned money to the Memphis-based company.

CBRE Report Shows Pockets of Hope in Retail Sector

The local retail market hasn’t been immune to the sluggish economy, but Memphis saw a couple of bright spots during the third quarter (July through October), according to the latest data from CB Richard Ellis.

Court Reporting Board To Provide State Rules, Licenses

Thanks to a new state law, rules, regulations and licenses soon will be required for all Tennessee court reporters.

City’s Dilemma: Fight Crime or Bust Blight?

Some Memphis City Council members question whether the city’s crackdown on crime is coming at the expense of efforts to eliminate or prevent blight in neighborhoods.

Local Weather
Currently
Memphis, TN
79.0°F
Mostly Cloudy
Wind: Southeast at 5.8 mph
Humidity: 79%

EVENTS

The Alliance for Nonprofit Excellence will hold a workshop today from 8:30 a.m. to noon at its office, 5100 Poplar Ave., Suite 502. Melissa Hanson, director of Grants & Research at Christian Brothers University, will be the facilitator. Cost is $65 for members, $125 for nonmembers and $55 for those in the Program for Nonprofit Excellence. For more information, call 684-6605 or visit www.npexcellence.org.

more events »

One Claim Dismissed For Lee, Others Linger

A judge has dismissed claims filed this summer by a private citizen against the former president and CEO of Memphis Light, Gas and Water Division and two of his attorneys.

Kelsey Cruises To Easy Victory In State Senate Run

Republican state legislator Brian Kelsey of Germantown will be returning to Nashville next month but going to the Senate chamber instead of the House.

Houston Appointed by Governor To State Court Reporting Board

Earl W. Houston II, a member of Martin, Tate, Morrow & Marston PC’s litigation section, was appointed recently to the newly formed Tennessee Board of Court Reporting by Gov. Phil Bredesen.

Catholic Diocese Takes on Diabetes – And Wins

The Catholic Diocese of Memphis has proven how employers can save money by giving diabetic employees free medicine and lifestyle coaching to improve their health.

MEMPHIS AREA

Miss. Provides Grant to Build Railroad Spur in Horn Lake

HORN LAKE, Miss. (AP) - The state of Mississippi is providing $520,000 to the city of Horn Lake for construction of a railroad spur line that will service the expansion of Newly Weds Foods.

STATE LEGISLATURE

Herron Drops Governor’s Race For Congress Bid

NASHVILLE (AP) – Democratic state Sen. Roy Herron says he is dropping his gubernatorial bid to seek the northwest Tennessee congressional seat being vacated by U.S. Rep. John Tanner.

REGIONAL

Former Tupelo Hospice Director Dropped from Lawsuit

TUPELO, Miss. (AP) - The former director of a Tupelo hospice has been dropped from a lawsuit related to a patient's 2006 death.

MEC Looks for Solutions in Tough Economic Times

JACKSON, Miss. (AP) - It's no secret, times are tough all over and Mississippi is no exception. Unemployment is up, tax revenue is down. Some believe the state budget process is broken and education isn't up to par.

Ark. Revenues Dip in November, Hurt by Tax Refunds

LITTLE ROCK, Ark. (AP) - Arkansas' revenues fell $16.2 million below expectations last month, hurt by one-time corporate and sales tax refunds, state finance officials reported Wednesday.

NATIONAL BUSINESS

Geithner Says $700B Bailout Program Will End Soon

WASHINGTON (AP) - U.S. Treasury Secretary Timothy Geithner affirmed Wednesday the U.S. administration's intent to soon end the $700 billion financial bailout program.

IRS Seeks Identities of Investors in Stanford Bank

DALLAS (AP) - The Internal Revenue Service wants the names of U.S. taxpayers who have foreign accounts with companies owned by indicted billionaire R. Allen Stanford, according to court papers filed Wednesday.

Fed Survey Finds Recovery Gaining Momentum

WASHINGTON (AP) - The economic recovery gained traction in late fall as shoppers spent a bit more and factories bumped up production. That assessment Wednesday by the Federal Reserve marked its most upbeat view since the economy tumbled into recession two years ago.

Electronics Soar; Clothing, Luxury Stumble in Nov.

NEW YORK (AP) - Electronics sellers and online merchants thrived in November, particularly on Black Friday, but clothing and luxury merchants struggled, according to estimates released Wednesday.

Unemployment Rises in Almost Half of Metro Areas

WASHINGTON (AP) - Unemployment worsened or stayed the same in most metro areas in October, the U.S. Labor Department reported Wednesday, as jobs remained scarce nationwide.

NATIONAL POLITICS

Black Lawmakers: Regulation Vote Hinges on Job Aid

WASHINGTON (AP) - Black House lawmakers are warning that they must see progress on help for the jobless in African American communities before they can be counted on to support sweeping regulations governing Wall Street.

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 52 374 8,123
MORTGAGES 52 433 9,632
FORECLOSURE NOTICES 22 103 1,461
BUILDING PERMITS 218 906 17,513
BANKRUPTCIES 45 252 5,658
BUSINESS LICENSES 0 143 3,091
UTILITY CONNECTIONS 24 152 3,402
MARRIAGE LICENSES 38 158 1,846

Weekly Edition

Issues | About

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