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VOL. 125 | NO. 28 | Thursday, February 11, 2010

Ritz’s Civil Rights Complaint Over Hospital Funding Irks Some Officials

Members of The MED task force questioned Shelby County commissioner Mike Ritz on Thursday about his decision to file a civil rights complaint against the state of Tennessee over how its distribution of federal health care dollars impacts minorities.

A Special Place

Methodist to open new Germantown facility

Methodist Le Bonheur Germantown Hospital on Friday will celebrate the completion of its new Women’s and Children’s Pavilion.

Ritz Claims State MED Funding Discriminatory

Shelby County Commissioner Mike Ritz has filed a formal civil rights discrimination complaint on behalf of minority populations in Memphis over Gov. Phil Bredesen’s distribution of federal reimbursements for uncompensated care at state hospitals.

CCC Expands Downtown Loan Program

Downtown development officials soon may be pumping a lot more money into a grant program to strengthen the area’s office market.

TennCare Patients Continue Fight For Services

As Tennessee moves forward with additional cuts to TennCare, the state-managed Medicaid program, seriously ill or disabled patients are fighting to keep what they believe they have earned as citizens and taxpayers.

Local Weather
Currently
Memphis, TN
55.0°F
A Few Clouds
Wind: Northwest at 5.8 mph
Humidity: 26%

EVENTS

The Memphis Business Xchange will hold a networking luncheon today from 11:30 a.m. to 1 p.m. at Bonefish Grill, 1250 N. Germantown Parkway. Cost is $30 in advance and $35 on site. To register, visit www.networktn.com.

more events »

Candidate Field Still Unclear for County Primaries

One week from the filing deadline, the May 4 Shelby County primaries are still a work in progress.

Baker Donelson’s Garrison Appointed Co-Chair Of ABA IP Subcommittee

Grady M. Garrison, of counsel at Baker, Donelson, Bearman, Caldwell & Berkowitz PC, recently was appointed to serve as co-chair of the Intellectual Property Litigation Subcommittee for the American Bar Association Litigation Section.

STATEWIDE

Tenn. Revenues $152M Below Projections in 1st Half

NASHVILLE, Tenn. (AP) - Tennessee's general fund tax collections are $152 million short of projections through the first half of the budget year.

UT Police Accredited by International Group

KNOXVILLE, Tenn. (AP) - The University of Tennessee Police Department has been accredited by the International Association of Campus Law Enforcement Administrators.

STATE LEGISLATURE

Tenn. Lawmaker Wants Midnight Curfew on Booze Sale

NASHVILLE, Tenn. (AP) - There would be a midnight curfew for crying in your beer at Tennessee honky tonks under a bill introduced in the Legislature.

Lawmakers Seek Consensus on DUI Interlock Bills

NASHVILLE, Tenn. (AP) - Tennessee lawmakers are trying to agree on legislation that would require offenders charged with drunken driving to have ignition interlock devices installed in their vehicles.

Wamp Announces Musical Headliners for Fundraisers

NASHVILLE, Tenn. (AP) - Republican gubernatorial candidate Zach Wamp is lining up a series of upcoming fundraisers hosted by country and Christian music stars.

REAL ESTATE

Fannie, Freddie to Start Buying Back Bad Loans

WASHINGTON (AP) - Government controlled mortgage finance companies Fannie Mae and Freddie Mac reported Wednesday they will buy back troubled loans contained in securities they have already sold to investors.

CB Richard Ellis Pushes Back Due Dates on Debt

LOS ANGELES (AP) - CB Richard Ellis Group Inc. said its lenders have agreed to push back due dates on about $156.6 million worth of debt by two years, allowing the commercial real estate company to preserve cash and strengthen its balance sheet.

NATIONAL BUSINESS

Trade Deficit Jumps Sharply in December

WASHINGTON (AP) – The U.S. trade deficit surged to a larger-than-expected $40.18 billion in December, the biggest imbalance in 12 months. The wider deficit reflected a rebounding economy that is pushing up demand for oil and other imports.

Bernanke Outlines Plan for Pulling in Stimulus Aid

WASHINGTON (AP) – Federal Reserve Chairman Ben Bernanke on Wednesday began to outline the central bank’s strategy for reeling in stimulus money once the economic recovery is more firmly rooted.

New Report: Consumers Spent Modestly in January

NEW YORK (AP) - Americans backed off from their holiday spending pace in January, but retail sales rose for a third month in a row compared with a year earlier, largely because of higher gas prices, according to figures released Wednesday.

Debt Woes in Europe Could Infect U.S. Recovery

WASHINGTON (AP) - The United States, which led the world into recession, may now see its fragile recovery stifled by events across the globe.

New York Times Profit Triples, Helped by Cost Cuts

NEW YORK (AP) - The New York Times Co. said Wednesday that its fourth-quarter earnings more than tripled, helped by cost cutting, an improving ad market and lower pension costs.

NATIONAL POLITICS

PROMISES, PROMISES: Jobs Bill Won't Add Many Jobs

WASHINGTON (AP) - It's a bipartisan jobs bill that would hand President Barack Obama a badly needed political victory and placate Republicans with tax cuts at the same time. But it has a problem: It won't create many jobs.

HEALTH CARE

Changes Proposed in How Psychiatrists Diagnose

WASHINGTON (AP) - Don't say "mental retardation" – the new term is "intellectual disability." No more diagnoses of Asperger's syndrome – call it a mild version of autism instead. And while "behavioral addictions" will be new to doctors' dictionaries, "Internet addiction" didn't make the cut.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 61 331 19,904
MORTGAGES 80 391 23,305
FORECLOSURE NOTICES 0 83 8,387
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 35 231 13,335
BUSINESS LICENSES 28 76 6,213
UTILITY CONNECTIONS 0 125 13,120
MARRIAGE LICENSES 21 94 4,936

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