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VOL. 125 | NO. 237 | Tuesday, December 7, 2010

Council to Hear Latest MCS Payment Pitch

At the next-to-last meeting of the year, Memphis City Council members take up some complex financial and political matters.

Slice of the Market

Local pizzerias bring unique offerings to competition

The most successful locally owned Mid-South pizzerias set themselves apart from large national chains like Domino’s, Pizza Hut and Papa John’s by offering high-quality ingredients, friendly service and unique dining experiences.

Auto Parts Chain AutoZone Profit Jumps 20 Percent

MEMPHIS (AP) – Net income at AutoZone rose 20 percent during the first quarter, the company said Tuesday, as many people continued to sink money into repairing older cars rather than buying new ones.

Commission Wades Deeper Into Consolidation Waters

Commissioners Monday voted down the mostly symbolic resolution proposed by commissioner Steve Mulroy.

ULI Conference to Tackle Emerging Trends

As real estate professionals gather this week to take a look at the latest numbers and trends, they will also get a broader economic view of the recession’s effect on the industry.

Local Weather
Currently
Memphis, TN
59.0°F
Overcast
Wind: Southwest at 6.9 mph
Humidity: 46%

EVENTS

The Alliance for Nonprofit Excellence will hold a workshop Tuesday from 8:30 a.m. to 3:30 p.m. at its office, 5100 Poplar Ave., suite 502. Participants will become familiar with basic concepts in program evaluation. Cost is $99 for members, $150 for nonmembers and $89 for those in the Program for Nonprofit Excellence. For more information, call 684-6605 or visit www.npexcellence.org.

more events »

Le Bonheur Moves Patients Into New Facility

As medical staff and volunteers readied patients for the transport from Le Bonheur Children’s Hospital’s circa-1976 pediatric intensive care unit (PICU) to the brand-new, state-of-the-art facility, the writing on the wall indicated that – although optimistic about their new beginning – staff members were leaving a place marked by memories.

Keller Williams, Kendall Haney Realty Merge

Keller Williams Realty Inc. continues to expand its standing as the second-largest real estate firm in the Mid-South area by merging with a Memphis-based firm.

City School Board Runoff to be Decided Tuesday

Voters in southwest Memphis have one more election to settle in what has been a busy election year.

YMCA Buys Former Cordova Athletic Club

7950 Club Center Drive, Cordova, TN 38018, Sale Amount: $2 million -
YMCA of Memphis & the Mid-South has bought the former Cordova Athletic Club at 7950 Club Center Drive. The property is a 29,418-square-foot, one-story exercise facility built in 1996.

Recipe for a Rally Cocktail

Rally Cocktail Few things provide more cheer and meaning for the holiday season than a market rally. For those interested in the recipe for the current one, here are the key ingredients:

GOVERNMENT AGENDA

Memphis City Council Agenda

The Memphis City Council will meet today at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for a full agenda.

MEMPHIS AREA

Arkansas Sues Memphis-Based Lender Over Tax Loans

LITTLE ROCK, Ark. (AP) – Arkansas' attorney general said Monday his office had filed a lawsuit against a Memphis, Tenn., company accusing it of charging Arkansas customers improper loan fees and not disclosing how they could be avoided.

STATEWIDE

Top Haslam Aide Praised for Bipartisan Approach

CHATTANOOGA, Tenn. (AP) – Gov.-elect Bill Haslam's newly named chief of staff Claude Ramsey has some words of caution for Tennessee Republicans celebrating their new high water mark in state politics: Tides can turn quickly.

NATIONAL BUSINESS

Forecasters See Continued Recovery in Ad Spending

NEW YORK (AP) – The amount of money spent on advertising should continue to rebound over the next few years after a sharp drop during the recession.

Sprint to Start Phasing Out Nextel Network in 2013

NEW YORK (AP) Sprint Nextel Corp. said it will start phasing out the Nextel part of its network in 2013, a decision that follows near-constant subscriber losses since Sprint bought Nextel in 2005.

NATIONAL POLITICS

Democrats Meet With Obama Over Tax Cuts Deal

WASHINGTON (AP) – President Barack Obama called Democratic leaders to the White House Monday in hopes of advancing a year-end bipartisan compromise to extend expiring tax cuts for all Americans and renew jobless benefits for the long-term unemployed.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 73 155 19,728
MORTGAGES 95 170 23,084
FORECLOSURE NOTICES 12 19 8,323
BUILDING PERMITS 200 338 40,366
BANKRUPTCIES 50 122 13,226
BUSINESS LICENSES 14 23 6,160
UTILITY CONNECTIONS 33 85 13,080
MARRIAGE LICENSES 28 58 4,900

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