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VOL. 124 | NO. 43 | Wednesday, March 4, 2009

Luminetx Founder at Odds With Management

Editor’s Note: On Oct. 9, 2009, it was announced that Roxane Bischofberger and Luminetx Corp. settled their dispute amicably on terms agreeable to both sides, and all claims and counterclaims have been dismissed. The litigation was resolved pursuant to a confidential settlement.

Interested Parties Want to Apply Stimulus Paddles to MED

A concerned group of men stood outside the closed doors of an intensive care unit in the Regional Medical Center at Memphis last month.

DRA Soon to Host Regional Conference In Memphis

The Delta Regional Authority will host its 2009 annual conference in Memphis, a city that serves as a commercial and cultural hub for the Mississippi Delta.

West Memphis To Get Grant For New Clinic

The cities of West Memphis and Augusta in Arkansas will receive federal grants to start new community health centers as part of a $155 million initiative President Barack Obama announced Monday.

City, County Tussle Over Funding Claims

The Herenton and Wharton administrations continue to spar over which government owes the other in past tax revenue.

Local Weather
Currently
Memphis, TN
76.0°F
Mostly Cloudy
Wind: South at 17.3 mph
Humidity: 64%

EVENTS

LunaWeb will host Social Media Expedition Breakfast today from 7 a.m. to 9:30 a.m. at the Crescent Club, 6075 Poplar Ave. The breakfast is for anyone interested in social media. For more information, call 888-5862.

more events »

ServiceMaster Cuts 155 Memphis Jobs

As an outgrowth of the announcement in December that Memphis-based ServiceMaster Co. would be outsourcing some of its information technology services to IBM, 155 ServiceMaster employees will be let go in the coming weeks.

Higher Ed Concerned Over Immigration Bill Cost

NASHVILLE (AP) – A proposal to make Tennessee’s public colleges and universities more carefully screen out illegal immigrants has been delayed in the House after higher education officials raised concerns about the cost of heightened enforcement.

Attorney Seeks To Amend Schools Funding Decision

The funding dispute between the Memphis City Council and the Memphis school system has taken its next step beyond a ruling that the council owes the school system $57 million and owes it immediately.

Saint Francis Weight Loss Center Appoints Weaver Medical Director

Virginia Weaver has been appointed medical director of the Saint Francis Center for Surgical Weight Loss.

Bill to Protect Tenn. State Employees Progresses

NASHVILLE, Tenn. (AP) - A proposal giving Gov. Phil Bredesen greater flexibility in preventing state employee layoffs is among several bills that have passed the Legislature to help an administration facing major budget cuts amid deep recession.

Bill Would Temporarily Add Members to Tenn. Panel

NASHVILLE, Tenn. (AP) - A proposal that would give Republicans control of the State Election Commission three years ahead of schedule is advancing in the Legislature.

Tenn. Bill Would Require Photo ID to Vote

NASHVILLE, Tenn. (AP) - The sponsor of legislation that would require Tennessee voters to show photo identification at the polls said Tuesday that doing so would add integrity to the process, but opponents were concerned the measure may discourage people from voting.

SunTrust Names Head of Commercial Card Services

ATLANTA (AP) - SunTrust Banks Inc. said Tuesday that Robert Blair has been appointed senior vice president of commercial card services under the Treasury & Payment Solutions division.

Prosecutors: Evidence in Obama Plot Legally Seized

JACKSON, Tenn. (AP) - Federal prosecutors say two white supremacists accused of plotting to kill President Barack Obama and dozens of other black people were armed and dangerous when West Tennessee authorities swooped down on them.

Citigroup to Lower Some Mortgage Payments

NEW YORK (AP) - Citigroup Inc. said Tuesday that it will lower mortgage payments for some homeowners to an average of $500 a month for three months as part of a new program to help the unemployed.

Fed Launches $200B Program to Spur Consumer Loans

WASHINGTON (AP) - The government launched a much-awaited program Tuesday to spur lending for autos, education, credit cards and other consumer loans by providing up to $200 billion in financing to investors to buy up the debt.

Mortgage Delinquencies Up for 8th Straight Quarter

CHICAGO (AP) - The number of people who were late making their mortgage payments shot up 53 percent in the fourth quarter of 2008 from the same period in 2007, according to data provided by TransUnion LLC.

Grenada Plant Lays Off More Workers

GRENADA, Miss. (AP) - Luvata Grenada has laid off about 100 employees.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 76 145 2,480
MORTGAGES 65 148 3,042
FORECLOSURE NOTICES 12 20 497
BUILDING PERMITS 213 310 5,313
BANKRUPTCIES 43 87 1,866
BUSINESS LICENSES 14 40 936
UTILITY CONNECTIONS 23 52 1,064
MARRIAGE LICENSES 8 21 364

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