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VOL. 126 | NO. 56 | Tuesday, March 22, 2011

Delta Cuts to Hit City's Regional Service

Major reductions in regional and connecting flights by Delta Air Lines Inc. at Memphis International Airport will be a hard hit on an airport known for its regional routes.

Local Fare

Cheffie’s set to open in High Point Terrace near Greenline

Located in High Point Terrace just a few blocks from the Shelby Farms Greenline, the new Cheffie’s Café promises custom foods, quality beverages and a neighborhood-friendly atmosphere.

MPACT Director to Participate in Brussels Forum

Gwyn Fisher is known among Memphians as a tireless evangelist spreading an increasingly important message: that a city’s destiny is linked to its cultivation and support of young professionals and emerging leaders.

County School Board Seeks Injunction From Thursday Schools Hearing

Most of the Shelby County school board wants a court order in Memphis federal court Thursday that will stop the plan by the Shelby County Commission to appoint a new countywide school board on March 28.

Shelby GOP Names Joy New Chair

Attorney Justin Joy is the new chairman of the Shelby County Republican Party.

Local Weather
Currently
Memphis, TN
92.0°F
Mostly Cloudy
Wind: Southwest at 10.4 mph
Humidity: 58%

EVENTS

The Lipscomb & Pitts Breakfast Club will hold the Leading Tomorrow Lunch Series with the University of Memphis Tuesday from noon to 1:30 p.m. at the University Center. The event will focus on sharing a dialogue on leadership concepts, overcoming challenges and looking at opportunities. For reservations, e-mail Jeremy Park at jeremyp@lpinsurance.com.

more events »

Sekisui CEO Raises Funds For Japan Relief

It’s no surprise that the people of Memphis, ranked among the most generous cities in the nation according to the Chronicle of Philanthropy, have joined people across the world in raising money for relief efforts to help tackle the devastation wreaked by this month's earthquakes and the tsunami in Japan, and the nuclear crisis that followed.

UTHSC Event to Educate on Nanoscience Impact

The Department of Pathology and Laboratory Medicine at the University of Tennessee Health Science Center will host a daylong NanoDays celebration March 29 to educate the community about the impact of nanoscience on medicine, technology and engineering.

Biz of Memphis Music Topic of Chamber Forum

In light of a busy week for the music industry in Austin, Texas, at the 25th annual South By Southwest music festival, Memphians will hear the importance of that industry to the city this week.

Shelby Drive Apartments Sell for $1.4 Million

1500 E. Shelby Drive, Memphis, TN 38116, Sale Amount: $1.4 million -
Memphis-based Saddle Vineyards LP has bought a 124-unit apartment complex at 1500 E. Shelby Drive from Everbank for $1.4 million. The 117,456-square-foot, two-story complex has 124 units and was built in 1973. It sits on 5.8 acres on the north side of East Shelby Drive west of Mickey Drive in Southmall Manor Subdivision.

Memphis Remains a Hot Commodity

Almost daily, we see evidence that reconfirms Memphis’ position as “America’s Distribution Center.” Cotton merchants are leasing and buying affordable warehouse space in one of only a few cities certified by national commodity organizations. Major manufacturers like Electrolux and Mitsubishi have found the market offers the right combination of incentives, trained labor pool, affordability, available land, and multimodal transportation here.

Deer in the Headlights Moment

Say you are called on to give an impromptu presentation during a meeting. The boss casually turns to you and says, “John, what are your thoughts on this new multimillion-dollar initiative we’re about to launch?”

STATEWIDE

Tenn. Ethics Panel Doesn't Have Quorum to Meet

KNOXVILLE (AP) – Spokesmen for the governor and House speaker say they're working to fill vacancies on the Tennessee Ethics Commission that hasn't met since November because it doesn't have a quorum.

STATE LEGISLATURE

Haslam Finds Money for Private Prison Amid Cuts

NASHVILLE (AP) – Republican Gov. Bill Haslam has found nearly $31 million in recurring money to keep open a privately run prison in West Tennessee while making deep cuts to other areas like TennCare and higher education.

Haslam, Ramsey Post Dueling Facebook Messages

NASHVILLE (AP) – Gov. Bill Haslam and Senate Speaker Ron Ramsey have taken to Facebook to make competing arguments about education proposals pending before the General Assembly.

REAL ESTATE

Home Sales Fell 9.6 Pct. in February

WASHINGTON (AP) — Fewer Americans bought previously occupied homes in February and those who did purchased them at steep discounts. The weak sales and rise in foreclosures pushed home prices down to their lowest level in nearly 9 years.

NATIONAL BUSINESS

Loopholes on Credit Card Rules Closed

The sweeping new credit card regulations enacted last year were intended to protect consumers from numerous deceptive billing practices. But a few card issuers responded by looking for ways to get around the spirit of the rules.

AT&T to Buy T-Mobile USA for $39 Billion

NEW YORK (AP) – AT&T Inc. said Sunday it will buy T-Mobile USA from Deutsche Telekom AG in a cash-and-stock deal valued at $39 billion that would make it the largest cellphone company in the U.S.

Boeing Completes 1st Flight of New Passenger Jet

EVERETT, Wash. (AP)The Boeing Co.'s newest and largest passenger plane completed its first flight on Sunday, marking another milestone as the company prepares to get the long-haul jumbo jet ready for the market by the end of the year.

States Push Harder for Online Sales Tax Collection

SAN FRANCISCO (AP) – Tax-free shopping is under threat for many online shoppers as states facing widening budget gaps increasingly pressure Amazon.com Inc. and other Internet retailers to start collecting sales taxes from their residents.

NATIONAL POLITICS

Treasury: Will Begin Selling Mortgage Securities

WASHINGTON (AP) – The Treasury Department announced Monday that it will begin selling its remaining $142 billion in holdings of mortgage-backed securities purchased during the financial crisis.

Court Won't Stop Fed From Revealing Loan Data

WASHINGTON (AP) – The Supreme Court decided on Monday not to stop the release of Federal Reserve Board documents identifying financial companies that received Fed loans to survive the financial crisis.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 68 321 13,763
MORTGAGES 79 340 15,906
FORECLOSURE NOTICES 0 24 2,163
BUILDING PERMITS 265 765 28,522
BANKRUPTCIES 49 227 8,877
BUSINESS LICENSES 28 113 4,678
UTILITY CONNECTIONS 25 118 5,511
MARRIAGE LICENSES 16 73 2,967

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