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VOL. 124 | NO. 23 | Wednesday, February 4, 2009

Expert: Ortho Firms, Surgeons Forgot Ethics for Perks

A lapse in ethics and professionalism by surgeons, who accepted financial rewards and other perks from orthopedics firms, compromised patient care before the government stepped in to stop the practice, Dr. Charles A. Rockwood said Monday night during a lecture.

Council Amends Rental Energy Efficiency Standards

Changes Living Wage Reporting and Greenlights ADA Work On Liberty Bowl

The Memphis City Council has given final approval to an ordinance that sets minimum energy efficiency standards for rental property.

Norfolk Southern Wrangles With Detractors Over Expansion

Economic investment during a recession typically receives a wave of support, but Norfolk Southern Corp.’s tentative plan to develop a massive intermodal yard in Fayette County has been met with a groundswell of resistance.

Sisson Remembered For Spunk, Humor

Thomas E. “Pete” Sisson’s political career in Memphis and Shelby County spanned more than 50 years in which he witnessed more change than most politicians.

Developers Sue Lakeland for Killing Project

The owners of a more than 40-acre property in Lakeland where they envisioned a large retail center that would be known as Lakeland Commons have filed a lawsuit against the town for nixing the project.

Local Weather
Currently
Memphis, TN
38.0°F
Fair
Wind: Calm mph
Humidity: 70%

EVENTS

Talk Shoppe will present “The Impact of Foreclosures & the 2009 Tax Reappraisal” by Cleo Stevenson of Chandler Reports 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 257-6536.

more events »

Report: No Sign Of Improvement In Tenn. Economy

KNOXVILLE (AP) – University of Tennessee economists see no reason to expect an improvement soon in the state or national economies, they said in an annual forecast released Tuesday.

UPS Swings To Q4 Profit, But Revenue Down

ATLANTA (AP)UPS Inc., the world’s largest shipping carrier, reported Tuesday it swung to a fourth-quarter profit of $254 million. It also said it is freezing management salaries and suspending its match for its employee retirement plans as sales slid 5.2 percent, and its chief warned that 2009 will be very difficult because “the consumer is not spending.”

Taube Named Partner At Adams and Reese

Emily Campbell Taube has been named a partner at Adams and Reese LLP. Taube is a member of the Litigation Practice Group and focuses on the areas of commercial litigation, employment litigation, product liability and estate and trust litigation.

DeBerry, Tenn. House Speaker Pro Tem, in Hospital

NASHVILLE, Tenn. (AP) - The husband of House Speaker Pro Tem Lois DeBerry says the Memphis Democrat is in stable condition at a Nashville hospital where she is undergoing some tests.

New Tenn. Comptroller Hires Legislative Manager

NASHVILLE, Tenn. (AP) - New Comptroller Justin Wilson has hired Republican operative Susie Alcorn to lead the office's legislative duties.

Tenn. Prepares for 1st Execution in 16 Months

NASHVILLE, Tenn. (AP) - A Tennessee man convicted of murdering an elderly Jackson County couple could become the state's first inmate put to death in 16 months if his execution is carried out as scheduled early Wednesday morning.

Miss. Incentives for Cooper Tire Signed Into Law

JACKSON, Miss. (AP) - A new Mississippi law signed Tuesday provides $19 million worth of incentives to keep and expand a Cooper Tire & Rubber Co. plant in a region struggling with years of decline in furniture manufacturing and other industries.

King Pharma to Cut 76 Jobs in Restructuring

BRISTOL, Tenn. (AP) - King Pharmaceuticals Inc., which last month lost patent protection on its best-selling drug, said Tuesday it will slash 22 percent of its jobs to reduce expenses.

Treasury Provides Another $1.15B to 42 Banks

WASHINGTON (AP) - The Treasury Department has provided $1.15 billion to 42 banks in new payments from the government's $700 billion financial rescue fund.

Republicans Block Boost for Road Building

WASHINGTON (AP) - Senate Republicans on Tuesday blocked Democrats from adding $25 billion for highways, mass transit, and water projects to President Barack Obama's economic recovery program.

GM to Offer Buyouts to All Hourly Employees

NEW YORK (AP) - General Motors Corp. will offer buyouts to all of its hourly employees, a spokesman confirmed Tuesday, as the troubled automaker continues to slash costs.

Miss. Court Hears Appeal in Bail Bondsmen Case

JACKSON, Miss. (AP) - The Tunica County sheriff's decision to bar names from an approved list of bail bondsmen in no way affected their licenses or rights to do business elsewhere, lawyers for the county argued Tuesday before the Mississippi Supreme Court.

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Blog News, Training & Events
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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