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VOL. 125 | NO. 30 | Monday, February 15, 2010

Coming Soon to Downtown: New Grocery

City Market Groceries & Deli is an upscale grocery and deli planned for the ground floor of Radio Center Flats, center, the apartment development at 66 S. Main St.

Smaller Banks Prepare for Painful 2010

No one needs to remind local community bankers that an ounce of prevention is worth a pound of cure.

As Cuts Continue, Medicare Wreaks Havoc on Docs

The doctors at Stern Cardiovascular Clinic are mulling the cut of another 40 people, 25 percent of its remaining 160 employees, plus closing outreach centers in Munford, Ripley, Tenn., and Ripley, Miss.

Strong Lobby Helps in Medicare Struggles

Nine years ago, businessman Steve Coplon accomplished something thousands of doctors had been struggling with since 1983: He pulled together 20 oncology practices from across the nation, persuading Medicare to reverse planned cuts to reimbursements.

American Resource Systems Keeps Communications Going

When an important order comes due at American Resource Systems Inc., the “super-duper crew” gets the job done.

Local Weather
Currently
Memphis, TN
69.0°F
Light Rain
Wind: Southwest at 9.2 mph
Humidity: 90%

EVENTS

The Better Business Bureau of the Mid-South will hold a breakfast seminar Tuesday from 7:30 a.m. to 9 a.m. at the Better Business Bureau of the Mid-South, 3693 Tyndale Drive. Darren Howard of Dale Carnegie Training will speak. For reservations, contact Nancy Crawford at 757-8627 or ncrawford@bbbmidsouth.org.

more events »

The Business of Law

As many sectors of the economy slowly sputter back to life, the state of the legal industry is often overlooked in economic reports. This trend can be surprising because law firms and corporate legal departments provide the advice and representation necessary for many different kinds of businesses to move forward with their recovery.

Government Consolidation Possible – And Necessary – With Specific Parameters

The Metro Charter Commission still has a few housekeeping chores to tend to but is about to move into the most critical phase of its work.

A Word on Consolidation From Someone Who’s Been There

Rick Mullaney is general counsel for Jacksonville, Fla., the only consolidated local government in the state.

Wopat Presents Evening of Jazz at BPACC

For St. Valentine’s Day weekend, the Bartlett Performing Arts and Conference Center (BPACC) is bringing a well-known face from a popular early-1980s television series, but audiences may be surprised to find his talent isn’t limited to acting.

Couple Opens Up About Restaurant Closure

Richard and Barbara Farmer opened Jarrett’s in 1994.

Vividly Named Wine: Must Taste

Combining modern art with outrageous puns, an alluring wine and a fairly amazing price means the Irma La Tage Red Wine 2007 is pretty irresistible.

MEMPHIS AREA

Memphis Attorney Given 10 Years for Client Theft

MEMPHIS, Tenn. (AP) - Prosecutors say a Memphis attorney has been sentenced to 10 years for stealing thousands from clients who had given him power of attorney over their financial affairs.

STATE LEGISLATURE

Turner: GOP Taking Undue Credit for Road Repair

NASHVILLE, Tenn. (AP) - Tennessee Democratic leaders say a Republican lawmaker at the center of a controversial race during the 2008 general election is wrongfully taking credit for repairs to a Kingsport highway.

STATEWIDE

TVA Reservoirs Above Seasonal Levels

KNOXVILLE, Tenn. (AP) - Tennessee Valley Authority reservoirs are above seasonal levels because of above-average rainfall last year.

REGIONAL

Guilty Plea Entered in Biodiesel Scam Trial

ABERDEEN, Miss. (AP) - A former Tennessee lawyer has pleaded guilty to one count related to his role in defrauding the U.S. Department of Agriculture out of $2.8 million in bioenergy subsidy money.

NATIONAL BUSINESS

Retail Sales Rise in January

WASHINGTON (AP) – Retail sales posted a better-than-expected increase in January, a welcome development that could mean stronger U.S. economic growth in coming months.

Kroger, Shell Make Gas Discount Deal

CINCINNATI (AP)The Kroger Co. and Shell Oil are combining forces to offer gas discounts for grocery shoppers at Shell stations.

Judge Acquits 2 Ex-Stanford Employees

MIAMI (AP) - Citing weak evidence, a federal judge on Friday acquitted two former employees of fallen financier Allen Stanford on charges they illegally shredded thousands of company documents to hinder the federal probe into an alleged $7 billion Ponzi scheme.

Interest Rates Fall as Investors Seek Safety

NEW YORK (AP) - Interest rates fell in the bond market Friday after China said it would increase reserve requirements for its banks.

ALL BUSINESS: Strong Dollar Hurts U.S. Exports

NEW YORK (AP) - Ben Bernanke and Tim Geithner keep saying that they support a strong dollar. Now that we have it, they should eat their words.

NATIONAL POLITICS

Senate Dems Ax Bipartisan Jobs Bill

WASHINGTON (AP) - Senate Democrats scrapped a bipartisan jobs bill in favor of one they say is leaner and focused solely on putting Americans back to work, and they're all but daring Republicans to vote against it.

Administration May Abandon Civilian 9/11 Trial

WASHINGTON (AP) - Attorney General Eric Holder is leaving open the possibility of trying professed Sept. 11 mastermind Khalid Sheikh Mohammed before a military commission instead of the civilian trial originally planned for New York City.

Let the Games Begin

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 31 327 17,870
MORTGAGES 49 409 20,835
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 129 800 36,616
BANKRUPTCIES 51 243 11,925
BUSINESS LICENSES 21 117 5,677
UTILITY CONNECTIONS 41 215 12,248
MARRIAGE LICENSES 29 121 4,478

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