VOL. 124 | NO. 239 | Monday, December 7, 2009
Buehler Deal Clears Final Hurdle - Kuhn Proposes
Shelby County Commissioners have put off a vote on a new commissioner for two weeks.
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.
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.
The Metro Charter Commission has a “project manager” to help meet its tight deadline for a consolidation charter proposal.
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.
Shelby County Commissioners will fill one vacancy today and make plans to fill another one.
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.
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.
People often tell Linda Casals the Italian scooters she sells make them feel like they’re in a European movie.
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.
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
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.”
Before the casinos, when the local economy was cotton and tractors, Tunica County had an unemployment rate as high as 25 percent.
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.
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.
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.
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.
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, 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.
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.
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.
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.
BALDWYN, Miss. (AP) - Hancock Fabrics had a net income of $3 million in the third quarter.
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.
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.
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.
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.