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VOL. 125 | NO. 50 | Monday, March 15, 2010

UPDATE: First Mayoral Debate Draws Crowd and Friction

Interim Shelby County Mayor Joe Ford declared the Regional Medical Center has been “saved.”

UPDATE: County Commission Delays Reappointments to Board of Adjustment

Shelby County Commissioners have delayed the reappointment of two members of the local Board of Adjustment, the appointed body that hears appeals of conditions of zoning ordinances.

Wolfchase Mall Loses Appeal of Higher Property Value

The most expensive property in Shelby County got even pricier in 2009.

UPDATE: Morgan Pleads Guilty In Ford Related Case

Sentencing June 23

The trial might have taken a week.

AEL Files Permit for Century Center Facility

American Esoteric Laboratories has taken another step toward building a $14.3 million lab and headquarters for its Mid-South division.

Local Weather
Currently
Memphis, TN
42.0°F
Fair
Wind: Northwest at 10.4 mph
Humidity: 53%

EVENTS

The University of Memphis will hold a ribbon-cutting ceremony for the grand opening of the new University Center today at 10 a.m. The day will include the opening of Tiger Dining’s Union Food Court and later, music and entertainment from 4 p.m. to 6 p.m.

more events »

Move With Caution

Larry Segrest, the managing partner of the Two Men and a Truck franchise in Memphis, wants the state to crack down on unlicensed movers who are providing services at lower prices but without liability protections for consumers.

Potential Reform Legislation Could Change Banking

The chief financial officer of Memphis-based First Horizon National Corp. told an audience of bank analysts last week the parent company of First Tennessee Bank is crossing its fingers over economic recovery.

Commission To Consider Gov’t Appointments

Shelby County Commissioners will take up a slate of appointments to county and joint city-county boards at today’s full commission meeting.

Memphis Could Benefit From Knoxville Investment

Instead of investing venture capital from a new state program in a Memphis company, the Innova Fund II LP made Knoxville-based TrakLok its first choice.

Cohen Works With Sebelius for The MED

U.S. Secretary of Health and Human Services Kathleen Sebelius is working with Rep. Steve Cohen, D-Memphis, on funding solutions for The Regional Medical Center at Memphis.

Main Street Dental Offers Relaxing Environment

While most patients anticipate dental appointments with anxiety or dread, clients paying a visit to Main Street Dental can look forward to a good movie or getting their hands waxed.

Ford’s County Pension Raises Flags for Malone

Interim Shelby County Mayor Joe Ford and Shelby County Commissioner Deidre Malone have crossed swords in the Democratic primary battle for mayor.

Morgan to Plead Guilty Today

A Memphis psychologist with political ties to former state Sen. John Ford is scheduled to plead guilty today to charges that he lied to federal agents.

Shelby County Commission Agenda

The Shelby County Commission will meet today at 1:30 p.m. at the Shelby County Administration Building, 160 N. Main St. On the agenda today is a consideration of several county government appointments to the Land Use Control Board, the Industrial Development Board, the Downtown Parking Authority, the county Board of Adjustment and the Center City Commission. Click on the icon for a full meeting agenda.

THE MEMPHIS NEWS

What’s Coming Up This Election Season

After a year of turbulence, the Memphis political scene continues to remake itself.

Political Landscape Teems With Possibilities This Spring, Summer, Fall – and Beyond

Most voters are realistic about the candidates they have to choose from in a given race, and this year plenty of candidates will be competing in plenty of races.

Ex-Indie Mayor Lends Voice of Experience to Consolidation

Stephen Goldsmith was the mayor of Indianapolis for two terms starting in 1992.

Women Get Role Reversal in ‘Julius Caesar’

When William Shakespeare was writing and performing his plays, he did so with an all-male cast as it was illegal for women to appear on stage. Now Germantown’s local Shakespeare authority has decided to even the gender score.

Liquor License a Sticking Point For New Restaurants

So, you want to open a restaurant. Great food, fine wine, original cocktails.

STATEWIDE

Bask in Some Argentinean Charm

The Argentine torronts grape does not make great wine, but it makes wine capable of great charm and delight.

Hemlock Qualifies 80 Tenn.-Based Companies

CLARKSVILLE, Tenn. (AP) - Hemlock Semiconductor Group has qualified 80 Tennessee-based companies to compete for construction contracts at the plant.

STATE LEGISLATURE

Tenn. Lawmakers Seek to Revive 'Crack Tax'

NASHVILLE, Tenn. (AP) - Tennessee lawmakers are trying to revive a state law taxing illegal drugs that was declared unconstitutional last year.

NATIONAL BUSINESS

Official: Obama Wants Yellen as Fed Vice Chair

WASHINGTON (AP) - President Barack Obama wants to nominate Janet Yellen, the president of the Federal Reserve Bank of San Francisco, to take over as vice chairman of the Federal Reserve, an administration official said Friday.

WaMu Says It Has Settlement with JPMorgan, FDIC

WILMINGTON, Del. (AP) - Washington Mutual Inc. says it has resolved disputes with JPMorgan Chase & Co. and the Federal Deposit Insurance Corp. over some $4 billion at issue in the bank holding company's Chapter 11 bankruptcy.

NATIONAL POLITICS

States Scramble after High Court Election Ruling

CHARLESTON, W.Va. (AP) - The U.S. Supreme Court's rejection of decades-old campaign spending limits gives states scant time to face an election-year dilemma: brace for a flood of new money in politics, or find new ways to rein it in.

REAL ESTATE

Gov't Official Warns on Home Down Payment Hikes

WASHINGTON (AP) - The head of the Federal Housing Administration is warning that boosting the minimum down payment borrowers must provide to qualify for home loans backed by the agency could threaten the housing market.

March Madness By The (Unproductive) Numbers

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 115 270 19,843
MORTGAGES 141 311 23,225
FORECLOSURE NOTICES 35 83 8,387
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 74 196 13,300
BUSINESS LICENSES 25 48 6,185
UTILITY CONNECTIONS 40 125 13,120
MARRIAGE LICENSES 15 73 4,915

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