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

Forgot your password?
Skip Navigation Links
VOL. 124 | NO. 240 | Tuesday, December 8, 2009

UPDATE: Johnson Returns As Election Commissioner

Former Shelby County election administrator James Johnson is the newest member of the Shelby County Election Commission.

Trustmark Anxious to Shed TARP Assistance

Dominating headlines in the financial press a few days ago was the news Bank of America Corp. has firmed up a plan to repay $45 billion in bailout money with the blessing of Uncle Sam.

Ford Resigns - Buehler Clears Last Hurdle - Kuhn Proposes

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

Spring Home Show To Feature G’Town’s Neshoba Grove

The Memphis Area Home Builders Association’s spring home show will be held at Neshoba Grove Subdivision in Germantown, the organization’s executive director, Don Glays, has confirmed.

Tennessee Alone In Capping Child Enrollees

Tennessee is the only state in the union that has closed its federally sponsored insurance plan for children to new enrollees, according to the Center for Children and Families at Georgetown University’s Health Policy Institute.

Local Weather
Currently
Memphis, TN
46.0°F
A Few Clouds
Wind: South at 5.8 mph
Humidity: 56%

EVENTS

Wheeler Homes with Larry Ohrberg of Signature Realty will host an open house today from 11:30 a.m. to 1:30 p.m. at the Trinity Park subdivision, 8551 N. Trinity Park Drive in Olive Branch. The event will feature model homes, food catered by Natural Born Grillers and giveaways. For more information, visit www.wheelerhomes.net or call 496-9863.

more events »

Thompson to Publish Memoir

Fred Thompson, the former Tennessee senator and 2008 Republican presidential candidate, has penned his memoir and given it a title that reflects his early days in small-town Tennessee.

French Quarter Suites Hotel Bought Back by Original Owner

2144 Madison Ave., Memphis, TN 38104, Sale Amounts: $1 Million; $300,000; $200,000 -
The first owner of the French Quarter Suites Hotel has reacquired the property for $1.5 million. FQI LLC, a limited liability company whose chief manager is Ronald L. Kirkpatrick, bought the shuttered hotel at 2144 Madison Ave. from three sellers – Lodgian Memphis Property Owner LLC, Horace and Ann Proctor, and Martha D. Sutton – in three separate warranty deeds all dated in November.

Bredesen: Democrats See Tough Race in 8th District

FRANKLIN, Tenn. (AP) – Democratic Gov. Phil Bredesen said Monday that the West Tennessee congressional seat being vacated by Rep. John Tanner won't be easy for his party to hold on to next year.

Barbour Appoints State Sen. Davis to Bench

JACKSON, Miss. (AP) – Gov. Haley Barbour has appointed state Sen. Vincent Davis to a chancery judge post representing Adams, Claiborne, Jefferson and Wilkinson counties.

NATIONAL BUSINESS

Consumer Borrowing Falls for 9th Straight Month

WASHINGTON (AP) – Americans borrowed less for a record ninth straight month in October, another sign that consumer spending will remain weak, making it harder for the economy to mount a sustained rebound.

Early Stock Gains From Bernanke Comments Evaporate

NEW YORK (AP) – Even the prospect of interest rates staying low couldn't keep buyers in the stock market.

Gold, Other Metals Pare Losses as Dollar Weakens

NEW YORK (AP) – The price of gold suffered an extreme case of whiplash as investors tried to determine the direction of interest rates, and in turn the dollar.

SEC Accuses 3 Ex-New Century Execs of Fraud

WASHINGTON (AP) – Federal regulators on Monday accused three former top executives of collapsed mortgage lender New Century Financial Corp. of fraud, saying they misled investors as the company's subprime loan business was failing in 2006.

Dollar Makes Comeback, Crude Prices Tumble

Crude prices have trended lower for well over than a month and grew even cheaper Monday, which might lead some to believe prices at the pump would follow along.

NATIONAL POLITICS

Historic EPA Finding: Greenhouse Gases Harm Humans

WASHINGTON (AP) – The Obama administration took a major step Monday toward imposing the first federal limits on climate-changing pollution from cars, power plants and factories, declaring there was compelling scientific evidence that global warming from manmade greenhouse gases endangers Americans' health.

Senate Confronts Abortion in Health Care Debate

WASHINGTON (AP) – The divisive issue of abortion emerged Monday as an obstacle to Senate passage of President Barack Obama's health care overhaul as a moderate Democrat proposed tough restrictions that liberals said they could not possibly accept.

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 86 393 21,159
MORTGAGES 94 424 24,785
FORECLOSURE NOTICES 0 93 8,703
BUILDING PERMITS 173 1,010 43,347
BANKRUPTCIES 52 292 14,194
BUSINESS LICENSES 15 90 6,491
UTILITY CONNECTIONS 28 167 13,678
MARRIAGE LICENSES 12 89 5,158

Weekly Edition

Issues | About

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