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VOL. 124 | NO. 239 | Monday, December 7, 2009

UPDATE: Ford Commission Replacement Delayed

Buehler Deal Clears Final Hurdle - Kuhn Proposes

Shelby County Commissioners have put off a vote on a new commissioner for two weeks.

Goodwyn Condo Interest Builds Quickly After Foreclosure

Momentum is building at the Goodwyn Condominiums, where Hobson Co. Realtors has inked contracts for nine of its unsold units just weeks after the property was reclaimed by the bank following a foreclosure.

Old Time Pottery To Shutter Hickory Hill Store

As part of a corporate reorganization, Murfreesboro, Tenn.-based home decorations retailer Old Time Pottery, which filed for bankruptcy in August, is closing its store at 3682 Ridgeway Road.

Fire Protection Latest Issue For Charter Commission

The Metro Charter Commission has a “project manager” to help meet its tight deadline for a consolidation charter proposal.

Banks of Bartlett, Mason in Court Over Orange Beach Project

It was envisioned as a multimillion-dollar condominium development in the Gulf Coast city of Orange Beach, Ala., a vacation getaway dotted with oceanfront condos, restaurants, hotels and shopping outlets.

Local Weather
Currently
Memphis, TN
59.0°F
Mostly Cloudy
Wind: South at 8.1 mph
Humidity: 67%

EVENTS

The InMotion Musculoskeletal Quarterly Lecture Series will be held today at 5 p.m. at the FedEx Institute of Technology on the University of Memphis campus. Dr. Harry McKellop will present “Cross-Linked Polyethylene in Hip Joint Arthroplasty: Clinical Performance at Ten Years.” The forum is free and open to the public. To register, call 271-0000.

more events »

County Commission To Fill Vacancy

Shelby County Commissioners will fill one vacancy today and make plans to fill another one.

French Quarter’s Original Owners Buy Back Property

The French Quarter Suites Hotel has come full circle, as the group that originally owned the property in the 1980s reacquired it last month for $1.5 million.

Sale of Luminetx Proposed as Company Flounders

Luminetx Corp. is operating in the red and may soon run out of money unless its shareholders agree to sell the company to Christie Digital Systems Inc.

Metro Moto Scoots In Vespa Style

People often tell Linda Casals the Italian scooters she sells make them feel like they’re in a European movie.

Memphis Bar Assn. Elects New Officers, Board Members

At the Memphis Bar Association’s Annual Meeting Thursday at The Peabody hotel, the MBA announced its 2010 officers and new members of its board of directors.

Shelby County Commission Agenda

The Shelby County Commission will meet today at 1:30 p.m. in the Shelby County Administration Building. Among the resolutions being discussed today is one approving the transfer of five MED loop health clinics from the Shelby County Healthcare Corp. to the Memphis Health Center. Click on the icon for the full agenda.

THE MEMPHIS NEWS

Tunica's New Cash Crop?

When Xiaolin “Charles” Wang was introduced at an October press conference announcing plans to build a $1 billion hybrid automotive plant in Tunica County, he was described by the emcee as a man who “dreams big and drives fast.”

Background: Tunica

Before the casinos, when the local economy was cotton and tractors, Tunica County had an unemployment rate as high as 25 percent.

People of Tunica, Make Yourselves Heard As Details of GreenTech Deal Trickle Out

When globalization reaches the cotton fields of Tunica, Miss., it becomes more than just a distant concept. Unfortunately, however, it still lacks a specific definition and history on which to make risk-free business decisions.

City Leaders Grapple With Public Safety, Blight Issues

Memphis City Council members are among civic leaders now pondering the next step beyond Blue CRUSH, the Memphis Police Department’s strategy credited with a 17 percent drop in overall crime in the city since 2006.

Rock-n-Romp Moves Indoors for Special Christmas Celebration

They won’t be playing classics such as “Rockin’ Around the Christmas Tree,” but a group of local family-friendly rock bands has plans to add a seasonal twist to a live music show.

Former Immigrant Hangs Hopes On New Restaurant in Collierville

When the Le family moved from Saigon to Memphis in 1984, they brought little with them except cooking skills and a desire to prosper in a new country.

Here's One For Your Holiday Gift-Giving

So now it’s December, and the parties begin. Often you will be called on to stroll to someone’s front door and, once it is opened, offer a token of appreciation to your host or hostess.

MEMPHIS AREA

FEMA Wants Back $2 Million from Memphis

MEMPHIS, Tenn. (AP) - The Federal Emergency Management Agency wants back part of the $13 million it gave the city of Memphis after widespread windstorm damage in the summer of 2003.

STATE LEGISLATURE

Analysts: Herron Has Slight Edge in 8th District

NASHVILLE, Tenn. (AP) - As a political battle begins taking shape in Tennessee's 8th congressional district, Democratic state Sen. Roy Herron's name recognition gives him a slight advantage over GOP newcomer Stephen Fincher, political analysts say.

STATEWIDE

Tenn. Opens High Risk Pool to Children

NASHVILLE, Tenn. (AP) - Children with chronic and acute medical conditions are now eligible to enroll in Tennessee's high risk pool for people classified as "uninsurable" by commercial insurance providers.

REGIONAL

Tupelo Hospital to Expand

TUPELO, Miss. (AP) - North Mississippi Medical Center-Tupelo has announced plans to build a new five-story patient bed tower and replace or upgrade 250 patient rooms.

Hancock Fabrics Reports Income

BALDWYN, Miss. (AP) - Hancock Fabrics had a net income of $3 million in the third quarter.

NATIONAL BUSINESS

Unexpected Drop in Jobless Rate Sparks Optimism

WASHINGTON (AP) – A surprising drop in the unemployment rate and far fewer job losses last month cheered investors Friday and raised hopes for a sustained economic recovery.

Obama: Jobs Plan Will 'Jump-Start' Hiring

ALLENTOWN, Pa. (AP) - Even as he trumpeted a slowdown in the nation's job losses Friday, President Barack Obama put finishing touches on a proposal he'll unveil next week to "jump-start" business hiring across America.

Treasury Gets $146.5M for Capital One Warrants

WASHINGTON (AP) - The U.S. Treasury Department reported Friday that it received $146.5 million for the warrants of Capital One Financial Corp. in the first auction of warrants the government received as part of the $700 billion financial system bailout.

HEALTH CARE

Drugmakers, FDA Move to Curb Painkiller Abuse

WASHINGTON (AP) - Pharmaceutical executives laid out plans Friday to prevent the misuse of prescription painkillers, under pressure from regulators trying to stop hundreds of fatal overdoses each year.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 102 224 17,767
MORTGAGES 127 277 20,703
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 176 510 36,326
BANKRUPTCIES 54 146 11,828
BUSINESS LICENSES 21 80 5,640
UTILITY CONNECTIONS 27 147 12,181
MARRIAGE LICENSES 11 60 4,417

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