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VOL. 124 | NO. 241 | Wednesday, December 9, 2009

Esoteric Labs Takes Next Step for Expansion Project

After winning a tax break last month to support the development of a new business campus, American Esoteric Laboratories of Memphis now is seeking approval of design plans for the project.

Findings Pinpoint Lamar Corridor’s Troubles

Anyone who has traveled along Lamar Avenue between Interstate 240 and the Mississippi state line knows how congested it can get, with a seemingly endless line of trucks driving both directions and backing up traffic.

Area Walgreens Plan to Sell Beer at 30 Locations

Walgreens has filed an application with the Memphis Alcohol Commission to sell beer at more than 30 of its stores in the city as part of a national sales strategy.

Johnson Is Newest Election Commissioner

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

County OKs Spinoff Of MED Clinics

The Regional Medical Center at Memphis has the blessing of the Shelby County Commission to spin off its Health Loop clinics as part of a cost-cutting plan for the financially struggling hospital.

Local Weather
Currently
Memphis, TN
82.0°F
Overcast
Wind: Southwest at 8.1 mph
Humidity: 67%

EVENTS

Talk Shoppe will present “How to Avoid Being Victimized by Business and Real Estate Scams” today from 9 a.m. to 10 a.m. at the Better Business Bureau of the Mid-South, 3693 Tyndale Drive. For more information, call Jo Garner at 482-0354.

more events »

Mayor’s Homeless Strategy Meets Skepticism

Memphis Mayor A C Wharton Jr. is a regular at the Starbucks at Union Avenue and McLean Boulevard.

Kuhn Proposal Lifts Commission Mood

Shelby County Commissioners needed some levity this week as the year neared its end and the 2010 election season waited in the wings.

Baptist Health Care’s Pounds Elected to Novation Board

Don Pounds, senior vice president and chief financial officer of Baptist Memorial Health Care Corp., has been elected to serve on the board of Novation LLC, the health care supply contracting company for VHA, University HealthSystem Consortium and Provista LLC.

MEMPHIS AREA

FedEx Says Earnings Will Top Previous Guidance

FedEx Corp. on Monday raised its earnings forecast for the November quarter, citing stronger-than-expected growth in international priority and ground shipments.

STATEWIDE

Humane Society: Tennessee Lacks Resources to Fight Animal Abuse

NASHVILLE (AP) – Authorities in Tennessee have relied on help from The Humane Society of the United States more times than any other state in the past two years, illustrating a lack of local resources to rescue abused and neglected animals.

Tenn. Crop Harvest Nearly Done in 'Decent Year'

NASHVILLE, Tenn. (AP) - A dry November to cap an otherwise wet 2009 has helped Tennessee farmers gather in most of the 2009 harvest, agricultural officials said Tuesday.

NATIONAL BUSINESS

Morgan Stanley Names New CFO, Other Top Managers

NEW YORK (AP) - Morgan Stanley elevated its chief financial officer to a new role as co-chief of investment banking and global securities trading Tuesday as part of a management shake-up ahead of James Gorman's assumption of the CEO role on Jan. 1.

Kroger Reports $875M Q3 Loss on Charge at CA Chain

CINCINNATI (AP) - The Kroger Co. is hurting from California's especially soft economy and the overall bite of a dollar-by-dollar battle under way nationwide for recession-pinched households' grocery spending.

Job Openings Edge Down as Employers Hold Back

WASHINGTON (AP) - Layoffs may be slowing, but employers are hesitant to take the next step that is key to reducing the unemployment rate: hiring more workers.

NATIONAL POLITICS

Obama Offers Plan to Jolt US Economy

WASHINGTON (AP) - President Barack Obama set out fresh plans Tuesday to reinvigorate the U.S. economy, focusing on incentives to small businesses and hiring to bring down what he called the "staggering" 10 percent unemployment rate.

REAL ESTATE

Lawmakers Impatient with Obama Mortgage Plan

WASHINGTON (AP) - Only one in three homeowners who have signed up for the Obama administration's mortgage relief plan have sent back the necessary paperwork, highlighting continuing problems for the government's effort to stem the foreclosure crisis.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 83 188 9,757
MORTGAGES 100 182 11,496
FORECLOSURE NOTICES 0 17 1,651
BUILDING PERMITS 194 328 20,638
BANKRUPTCIES 61 119 6,556
BUSINESS LICENSES 25 52 3,497
UTILITY CONNECTIONS 0 48 4,031
MARRIAGE LICENSES 31 63 2,242

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