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VOL. 125 | NO. 33 | Thursday, February 18, 2010

UPDATE: Mayor's Race Grows At Filing Deadline

Bailey and Johnican Resurface

Shelby County Sheriff Mark Luttrell appeared on his way to the Republican nomination for Shelby County mayor at Thursday’s noon filing deadline for candidates on the May 4 primary ballot.

Downtown’s City Market Closer to Reality

The store’s motto is “e-squared – eat and enjoy.”

Methodist Poised to Launch Hospice

Methodist Le Bonheur Healthcare is ready to break ground on a project it has been planning for years – a $7.9 million, 30-bed hospice facility on Quince Road in East Memphis.

U of M Event To Draw Top Labor Lawyers

The University of Memphis Law Review is preparing for its annual spring symposium titled “Labor and Employment Law: Evolution or Revolution?”

Norfolk Yard Lands Federal Dollars

Norfolk Southern Corp.’s plan to build a $112 million intermodal facility in neighboring Rossville received a major boost today with the announcement that it would receive $105 million in federal stimulus money under the American Recovery and Reinvestment Act of 2009’s Transportation Investment Generating Economic Recovery (TIGER) Program.

Local Weather
Currently
Memphis, TN
49.0°F
A Few Clouds
Wind: from the Northwest at 15.0 gusting to 20.7 mph
Humidity: 66%

EVENTS

Michael Drake, Amy Howell and John Simmons will present the seminar “Your Brand: Save – Protect – Promote” today from 8:30 a.m. to 10 a.m. at Kiesewetter Wise Kaplan Prather’s conference room, 3725 Champions Hill Drive, Suite 3000. The event is free but seating is limited. For reservations, call 521-1453.

more events »

Surprises Possible as Primary Filing Deadline Nears

Although today marks the filing deadline for the May 4 Shelby County primaries and independent candidates on the Aug. 5 county general election ballot, plenty of political drama remains.

Former Ambassador Touts Opportunities in Poland

Victor Ashe isn’t sure how President George W. Bush settled on him as the U.S. ambassador to Poland.

Questions Abound for Commercial Real Estate’s Future

The commercial real estate market will need to navigate its way through a host of landmines before it sees anything resembling recovery.

Comes Receives Top Student Volunteer Award From TBA

Diana Comes, a second-year law student at the University of Memphis Cecil C. Humphreys School of Law, recently was named Student Volunteer of the Year by the Tennessee Bar Association, the state’s top award for law student pro bono work. She received her bachelor’s degree in English literature from Rhodes College in 2008. Currently, Comes is a judicial extern for U.S. Magistrate Judge Tu M. Pham in Memphis federal court.

STATEWIDE

524 Take Buyout Offered by Board of Regents

NASHVILLE, Tenn. (AP) - The Tennessee Board of Regents says 524 employees have accepted a buyout offer at campuses across the state.

STATE LEGISLATURE

Sen. Ophelia Ford Returns to Tenn. Session

NASHVILLE, Tenn. (AP) - Tennessee Sen. Ophelia Ford has rejoined her colleagues after being absent because of an illness.

Bill to Modify Tenn. Weapon Confiscation Process

NASHVILLE, Tenn. (AP) - A proposal that would modify the method for confiscating weapons in Tennessee is headed to Gov. Phil Bredesen for his consideration.

Tenn. Senate Votes to Reject Health Care Mandate

NASHVILLE, Tenn. (AP) - The Tennessee Senate on Wednesday passed a bill to require the state attorney general to mount a legal challenge to any federal law to require participation in a health care system.

Bill to Change Retirement Timetable for Tenn. Troopers

NASHVILLE, Tenn. (AP) - The Senate has unanimously approved legislation that would allow Tennessee Highway Patrol officers who retire after 20 years of service to keep their service weapons.

Bill Would Include Bicycles in Motorcycle Law

NASHVILLE, Tenn. (AP) - Legislation that would require a law affecting motorcycles in Tennessee to also apply to bicycles has unanimously passed the Senate.

DUI Ignition Lock Device Bill Advancing in House

NASHVILLE, Tenn. (AP) - A proposal that would require offenders charged with drunken driving to have ignition locking devices installed in their vehicles is advancing in the House.

NATIONAL BUSINESS

Data on Industry Output, Home Building Boost Hopes

WASHINGTON (AP) – Hopes the U.S. economy can sustain its recovery drew support Wednesday from news industrial output rose for a seventh straight month and home construction hit a six-month peak in January.

Fed: Unemployment Will Stay High Over Next Two Years

WASHINGTON (AP) - The Federal Reserve expects unemployment will stay high over the next two years because recession-scarred Americans are likely to stay cautious, making for only a moderate-paced economic recovery.

FTC: Don't Be Fooled by Job-Related Scams

WASHINGTON (AP) - The Federal Trade Commission reported Wednesday that it is cracking down on con artists who target the unemployed with bogus job placement and work-at-home scams.

Walgreen to Buy NYC Drugstore Operator Duane Reade

NEW YORK (AP) - Walgreen Co. reported Wednesday it has agreed to buy the drugstore operator Duane Reade in a move that will more than quadruple the number of stores it has in the New York City metro area.

NATIONAL POLITICS

Federal Deficit at $430.69 Billion Through January

WASHINGTON (AP) - The federal deficit through the first four months of the budget year is running at a record-breaking pace even though the deficit in January was slightly smaller than expected.

GOP Sees Possible Upside in Health Care Summit

WASHINGTON (AP) - Congressional Republicans see a chance for political gain in President Barack Obama's televised health care summit next week, even though the president will be running the show.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 344 19,573
MORTGAGES 110 422 22,914
FORECLOSURE NOTICES 2 8,305 8,305
BUILDING PERMITS 207 838 40,029
BANKRUPTCIES 60 356 13,104
BUSINESS LICENSES 21 194 6,137
UTILITY CONNECTIONS 30 147 12,996
MARRIAGE LICENSES 15 65 4,842

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