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VOL. 123 | NO. 62 | Friday, March 28, 2008

Disclosure Hints at Vaunted Dinner Between Mayors

It's a seemingly run-of-the-mill entry on Shelby County Mayor A C Wharton Jr.'s latest campaign financial disclosure statement filed with the county.

County Charter Haggling Yields Term Limits

The Shelby County Board of Commissioners has completed preliminary work on a rewrite of the County Charter.

Tennessee's Small-Business Champion Plans Grand Events in Memphis

Mark White started Grand Events and Party Rentals with his brother Stan 18 years ago. They had one truck and two employees - themselves - and they worked 'round the clock to establish their nascent company as the city's premier event planner.

Senator Calls Paulson, Bernanke, Execs to Testify

WASHINGTON (AP) - Bear Stearns shareholders aren't the only ones questioning the bargain-basement buyout of the investment bank.

Family Court Plan Spotlights Pilot Debate

A family court task force set up by the Shelby County Board of Commissioners completed its work this week with a set of recommendations that call for more of a connection between the courts that deal with families in crisis and social services agencies. The report goes to the commission for further consideration.

Local Weather
Currently
Memphis, TN
34.0°F
Fair
Wind: Northeast at 5.8 mph
Humidity: 73%

EVENTS

The University of Memphis' Center for the Study of Rhetoric and Applied Communication will hold its fourth annual conference today from 10 a.m. to 5 p.m. in Room 215 of the Fogelman Executive Center, 330 Innovation Drive. This year's topic is "Health and Rhetoric." The event is free and open to the public. For more information, call Simone Wilson at 678-4164.

more events »

Rates on 30-year Mortgages Edge Down Slightly While Other Rates Rise

WASHINGTON (AP) - Rates on 30-year mortgages edged down slightly this week, staying below 6 percent, although rates on other types of mortgages rose.

Federal Reserve Gov. Kroszner Touts Mortgage Proposal

WASHINGTON (Dow Jones/AP) - Saying abusive lending practices helped send the U.S. housing market into turmoil, Federal Reserve Governor Randall Kroszner on Thursday touted a recent Fed proposal as a way to curb future deception in mortgage lending.

Jobless Claims Fall But Don't Change Overall Picture of Slower Labor Market

WASHINGTON (AP) - The government says fewer people signed up for unemployment benefits last week, although that didn't change the broader picture of a slower jobs market.

Economy Nearly Sputtered Out at End of 2007, Probably Faring Worse Now

WASHINGTON (AP) - The economy nearly sputtered out at the end of the year and is probably faring even worse now amid continuing housing, credit and financial crises.

Bill Would Require Proof of Custody Before Tattooing Minor

NASHVILLE (AP) - A proposal is advancing in the Legislature that would require an individual to provide proof of guardianship or custody when giving permission to cover up a minor's existing tattoo.

Democratic House Leaders Opposed to Retention GPA Phase in Plan

NASHVILLE (AP) - Democratic House leaders say they oppose legislation that would phase in a plan to lower the cumulative grade point average needed to maintain a lottery scholarship.

Attorney: Clark Cleared In Herenton Blackmail Probe

The attorney for a developer accused by Memphis mayor Willie Herenton of being part of a blackmail effort against him has been told by the special prosecutor investigating the case that he did not do “anything illegal.”

Federal Judge Denies Stay in County Schools Desegregation Case

U.S. District Court Judge Bernice Donald has denied a stay of her July court order restarting the racial desegregation process in the Shelby County school system. In denying the stay, Donald ordered school leaders to appoint a special master by April 26 to oversee the desegregation process.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 78 307 21,073
MORTGAGES 82 330 24,691
FORECLOSURE NOTICES 66 93 8,703
BUILDING PERMITS 0 837 43,174
BANKRUPTCIES 63 240 14,142
BUSINESS LICENSES 17 75 6,476
UTILITY CONNECTIONS 25 139 13,650
MARRIAGE LICENSES 10 77 5,146

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