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VOL. 125 | NO. 20 | Monday, February 1, 2010

Banks Find Time Right to Repay TARP

President Barack Obama made an effort to show his disdain for the taxpayer-funded bank bailout during his State of the Union address Wednesday night, likening its popularity to that of a root canal.

Two Builders Buy 50 Arlington Lots

Harry Todtman wasn’t taking any chances. When the opportunity arose to buy 25 of the 50 lots in phase two of the Arlington subdivision Windsor Place, Todtman jumped at it – even if that meant sitting on the lots until the market improves.

Help for Haiti

Cedric “Small Change” Walton lights up during a performance by Billy “Soul” Bond at a Helping Hands fundraising concert to benefit Haiti on Thursday at the Whitehaven Celebration Complex.

Obsidian Expands Space, Adds Staff

Instead of shrinking with the recession, Obsidian Public Relations is expanding.

Local Weather
Currently
Memphis, TN
41.0°F
Light Rain
Wind: East at 13.8 mph
Humidity: 96%

EVENTS

Methodist Le Bonheur Germantown Hospital’s Stroke Support Group will meet Tuesday at 4 p.m. in Suite 250 of Medical Office Building A on the campus, 7655 Poplar Ave. For more information, call Angela Riggins at 516-6929.

more events »

THE MEMPHIS NEWS

House of Cards

It’s a little more than halfway through the first meeting of the state Senate’s Commerce, Labor and Agriculture Committee in 2009, in a nondescript hearing room in Nashville’s Legislative Plaza.

Whether It Succeeds or Fails, Lawsuit Sure to Make a Point

Most civil lawsuits are settled and defendants generally do so without having to admit they did anything wrong.

Rove Talks About Bush Years, Memoir

Karl Rove is a former deputy chief of staff and senior adviser to former President George W. Bush. He is also a controversial and influential force in American politics.

Gunther Pugh to Discuss Arts Impact on Local Communities

Arts organizations, like businesses, have struggled through the past two years with falling ticket sales and donations, but one group is preparing to shed some light on how it has managed tough times.

Good Service Translates to Proper Tipping in Market

Editor’s Note: This is the final in a series about tipping in local restaurants.

Forget Grapes, Let's Talk About Hops

Every once in a while, one has to say, “Its just gotta be a beer!”

STATEWIDE

Tenn. Board Approves Bible Teaching Guidelines

NASHVILLE, Tenn. (AP) – The Tennessee Board of Education has approved guidelines on how to teach the Bible in public high schools.

NATIONAL BUSINESS

Economy Grew at 5.7 Percent Pace in 2009

WASHINGTON (AP) – The U.S. economy’s faster-than-expected growth at the end of last year, powered by companies replenishing stockpiles, is likely to weaken as consumers keep a lid on spending.

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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

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