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VOL. 125 | NO. 54 | Friday, March 19, 2010

UPDATE: Tanner To Vote No On Obama Health Care Bill

U.S. Rep. John Tanner of Union City announced Sunday afternoon that he will vote against the White House health care reform bill.

FedEx Q3 Earnings Exceed Expectations

Positive signs abound at FedEx, the city’s largest employer.

That’s a Rap

Memphis’ hip hopostle begets hits, hard work

In the time-honored, head-scratching tradition of Memphis music, the man behind the success of Memphis-based Dedicated Music Group is a former member of hard-core rap phenom Three Six Mafia.

Consolidation Group Weighs New Parks and Libraries Divisions

The first proposal to reach the Metro Charter Commission for a new consolidated government would create two new divisions -- “parks and community enhancement” and “civilian enhancement.”

Hospital Fee Bill Could Help Struggling TennCare

The fee would generate a total of $659 million in federal and state dollars. It’s an idea put forth by the Tennessee Hospital Association to keep from losing federal money for the TennCare program.

Local Weather
Currently
Memphis, TN
51.0°F
Partly Cloudy
Wind: North at 15.0 mph
Humidity: 46%

EVENTS

Palladio Antiques and Market Central will host the annual Spring Fayre today and Saturday at Palladio, 2169 Central Ave. The event will include more than 30 guest vendors. Jackie Glisson will answer questions about interior decoration today at 1 p.m. For more information, call 276-3808.

more events »

Graceland Redevelopment Remains A Priority

Memphis Mayor A C Wharton Jr. plans to roll out his first budget proposal next week to the Memphis City Council.

Scarboro Plans to Weave ‘City Building’ Into New Talent Job

Douglas Scarboro knows that opportunity and engagement are the keys to recruiting and retaining talent.

‘Bank On Memphis’ to Reach ‘Unbanked’

Joe DiNicolantonio, West Tennessee area president for Regions Bank, was one of more than two dozen bankers who got a letter from Memphis Mayor A C Wharton Jr. in the past few weeks.

Checkpoint Redesign Moves Ahead at Airport

An $11 million project that will transform the checkpoint area of Memphis International Airport’s busiest concourse cleared an important milestone Thursday with the selection of a designer.

Moore Fights to Keep Commission Seat

Edith Moore has never run for public office.

MEMPHIS AREA

Memphis Symphony to Honor Elvis, 'Piano Men'

MEMPHIS, Tenn. (AP) - New music director Mei-Ann Chen says her Memphis Symphony Orchestra will have "a journey of discovery" during its 2010-11 season.

STATEWIDE

Unemployment Holds Steady at 10.7 in February

NASHVILLE, Tenn. (AP) - Tennessee's unemployment for February remained at 10.7 percent, unchanged from January.

TennCare Using Federal Funds To Postpone Cuts

NASHVILLE (AP) – TennCare officials said Thursday they will be able to use a federal refund of $121 million to postpone some cuts to the state’s expanded Medicaid program.

AG Opinion Questions Deputies in Political Office

NASHVILLE, Tenn. (AP) - A state attorney general's opinion addressing whether deputy sheriffs can run for and hold public office seems to have created more questions than answers.

Mergers Account for Half of Haslam 11K Jobs Claim

BELLS, Tenn. (AP) - On the campaign trail and in television ads, Republican gubernatorial candidate Bill Haslam boasts of his role in creating 11,000 jobs as an executive with family-owned Pilot Corp.

STATE LEGISLATURE

Voters to Get Constitutional Amendment on Hunting

NASHVILLE, Tenn. (AP) - A constitutional amendment to guarantee the right to hunt and fish in Tennessee will go before voters in November's general election.

REAL ESTATE

Mortgage Rates Still Below 5 Percent

WASHINGTON (AP) - Mortgage rates held below the 5 percent threshold for the third straight week as the Federal Reserve prepares to end a program that has kept rates at or near record lows.

NATIONAL BUSINESS

Gov’t Bank Auditors Got Big Bonuses Too

WASHINGTON (AP) – Banks weren’t the only ones giving big bonuses in the boom years before the worst financial crisis in generations. The government also was handing out millions of dollars to bank regulators, rewarding “superior” work even as an avalanche of risky mortgages helped create the meltdown.

Economic Mixed Bag: No Inflation But Little Hiring

WASHINGTON (AP) - The picture of an economy growing modestly without producing inflation yet struggling to create jobs emerged from government reports Thursday.

Pain in the Tank: Gas Prices Highest Since 2008

U.S. motorists are paying the highest prices for gas since October 2008. Retail gasoline prices rose on Thursday on an expected increase in demand and as more expensive spring and summer blends of gasoline make their way to the pumps.

NATIONAL POLITICS

Obama Signs Jobs Bill as Health Care Intrudes

WASHINGTON (AP) - President Barack Obama has said he wants to focus laser-like on the public's top concern: jobs. But the ongoing effort to remake the nation's health care system keeps getting in the way.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 97 295 5,829
MORTGAGES 119 351 6,951
FORECLOSURE NOTICES 11 69 1,099
BUILDING PERMITS 275 845 12,430
BANKRUPTCIES 51 216 4,304
BUSINESS LICENSES 38 135 2,314
UTILITY CONNECTIONS 23 138 2,518
MARRIAGE LICENSES 24 77 1,204

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