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VOL. 125 | NO. 56 | Tuesday, March 23, 2010

UPDATE: Council Reverses Self on Residency Referendum

Fairgrounds Demolition and Funding Wins Approval

Memphis city council members revisited a residency referendum it rejected two weeks ago. The result was approval of the referendum for the August ballot in the city of Memphis.

UPDATE: Web Report Says Stanton May Be U.S. Atty. Nominee

Attorney Edward Stanton is undergoing a final background check to possibly become the new U.S. attorney for the Western District of Tennessee, according to www.mainjustice.com.

Local Reaction Mixed on Health Care Vote

Doctors and business groups have divided viewpoints about the health care reform bill that passed a major hurdle Sunday in the U.S. House of Representatives.

UPDATE: Fairgrounds Plan Keeps Pipkin and Creative Arts Building

Arena Building To Be Demolished

The Arena Building at The Fairgrounds will be demolished under new plans Memphis Mayor A C Wharton will outline for Memphis City Council members today.

Memphis Health Org Ahead of Reform Curve

Hospitals here have a head start on complying with transparency and efficiency requirements in the bill passed Sunday by the U.S. House of Representatives because of the Memphis Business Group on Health.

Local Weather
Memphis, TN
Wind: South at 4.6 mph
Humidity: 68%


The Memphis Rotary Club will meet today at noon at the University Club of Memphis, 1346 Central Ave. Judge Janice Holder will speak. For reservations, e-mail Taylor Hughes at taylor@memphisrotary.org.

more events »

Kroc Center Officially Under Way

A five-year dream has become a reality for those who worked tirelessly to raise money and garner support for the multimillion-dollar Kroc Center of Memphis.

Roebuck HQ Sold Back to Bank

The Roebuck Auctions headquarters at 4932 Park Ave. has been sold back to the lender following a foreclosure of the property.

NAHB Economist Touts Homebuilding’s Reach

Elliot Eisenberg, chief economist for the National Association of Home Builders, said he was instructed to make sure last week’s speech to local builders, real estate agents and elected officials was “fun” – never an easy task when discussing today’s housing market.

Former Orgill Distribution Center Sold Following Foreclosure

2108 Latham St., Memphis, TN 38109, Sale Amount: $2.5 Million -
The 2108 Latham St. distribution center that Orgill Inc. vacated last summer sold for $2.5 million in a March 9 substitute trustee’s sale following a foreclosure of the building’s joint owners, Yong Wah Development-Texas LLP and Memphis-SCEE I LLC.

Wharton to Float Preliminary Budget

Mayor A C Wharton Jr. will take his preliminary revenue projections and a basic framework for his first city budget proposal to the City Council during today’s executive session.

Memphis City Council Agenda

The Memphis City Council will meet today at 3:30 p.m. at City Hall, 125 N. Main St. Memphis Mayor A C Wharton Jr. is scheduled to give the council a preliminary look at the city's budget for the next fiscal year. Click on the icon for a full meeting agenda.

Hunters Donate Venison for the Hungry

Thanks to the generosity of area deer hunters, plenty of venison was given to hungry folks during the 2008-2009 season.


GOP’s Ramsey Ramps Up Attacks in Tenn. Governor’s Race

PIGEON FORGE, Tenn. (AP) – State Senate Speaker Ron Ramsey has so far been the most reluctant to go on the offensive against rival candidates for the Republican nomination for Tennessee governor. No longer.

Tenn. Firm's Health Policies Draw Complaints

NASHVILLE, Tenn. (AP) - Customers of a Tennessee nonprofit are complaining that they have been scammed by its health care program, which charges customers a monthly premium.

Tenn. Woman Seeks Photos for Vietnam Memorial

JOHNSON CITY, Tenn. (AP) - A White Bluff woman is trying to gather photographs of the more than 1,300 Tennesseans who died in the Vietnam War.

Rulings on Public Housing Rent Fraud Appealed

GALLATIN, Tenn. (AP) - A district attorney is asking the Tennessee Supreme Court to let him bring criminal charges against public housing tenants who hide income to get cheaper rent.


As Farmers Move From Cotton to Corn, Jobs are Lost

LUBBOCK, Texas (AP) - Fields of white cotton once stretched as far as the eye could see across the fertile Mississippi Delta, but now many of those acres are flush with green corn stalks.


The Four Cities that Best Weathered the Recession

WASHINGTON (AP) - Call them the Final Four: The four large cities that have made it through the Great Recession with the smallest increases in unemployment.


Insurers, Doctor-Owned Hospitals Get Late Help

WASHINGTON (AP) - Tucked into President Barack Obama's health care bill are several 11th-hour changes that help major insurance companies and doctor-owned hospitals.

Geithner Says Bank Overhaul Must Protect Consumers

WASHINGTON (AP) - U.S. Treasury Secretary Timothy Geithner says the administration will not accept a financial overhaul bill that does not provide strong consumer protection and restraints on risk taking by large banks.

Bank Bill Set to Pass Committee on Party Line Vote

WASHINGTON (AP) - Republicans abandoned hope of altering Wall Street legislation in a key Senate committee on Monday, clouding prospects for a bipartisan bill and leaving the fight for the full Senate.

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PROPERTY SALES 95 253 13,695
MORTGAGES 96 261 15,827
BUILDING PERMITS 250 500 28,258
BANKRUPTCIES 57 178 8,828

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