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VOL. 125 | NO. 43 | Thursday, March 4, 2010

Pension Fund Slips in January

The Shelby County pension fund that provides benefits to more than 2,800 county retirees lost about $16 million in January.

Making a Comeback

More than 100 collectible Beanie Babies will be among the items offered at a future fundraiser for Ronald McDonald House Charities Memphis, thanks to a gift from 1-800-GOT-JUNK?

Aluma-Form Prepares For Expansion

A year away from its 50th anniversary, Aluma-Form Inc. is on the verge of increasing the output of a new product line and expanding its operation.

Baker Donelson to Help Launch Memphis Homeless Clinic

The homeless community in Memphis and many other cities has grown by leaps and bounds since the housing market all but collapsed, and people left without homes and perhaps jobs struggle to meet even their most basic needs.

Ruling Clears Path For Beer Ban In Strip Clubs

Shelby County government is preparing to enforce new rules for strip clubs two years after the County Commission approved them.

Local Weather
Currently
Memphis, TN
82.0°F
Partly Cloudy
Wind: West at 6.9 mph
Humidity: 58%

EVENTS

The Greater Memphis Chamber will hold a breakfast forum titled “Business of Film & Music in Memphis: It’s Not Just Entertainment” today from 7:30 a.m. to 9 a.m. at the Memphis Cook Convention Center, 255 N. Main St. Cost is $25 for members and $35 for prospective members. To register, contact Erick Milford at 543-3518 or emilford@memphischamber.com.

more events »

Ferrell Discusses Challenges of Memphis Injury Cases in New Book

James “Jami” Ferrell, the founder of The Ferrell Law Firm, recently published a book titled “Seven Deadly Mistakes That Can Kill Your Memphis Accident Case.” A personal injury attorney, Ferrell provides first-time clients with his book, a CD about accidents in Memphis and other special reports.

Spirit of Memphis Rebuffs ‘Miserable’ Status

The Spirit of Memphis community engagement meeting Tuesday evening opened with participants raising their right hands, solemnly swearing to defend the city against “all negativity, Forbes and domestic.”

STATEWIDE

Judge Sides With State Over TNInvestco Records

NASHVILLE (AP) – A Nashville judge on Tuesday ruled that Tennessee officials don’t have to disclose yet how six firms were selected to participate in the $120 million Tennessee Small Business Investment Company Credit Act.

McWherter to Use Blind Trust if Elected Governor

NASHVILLE (AP) — Democrat Mike McWherter says he will place all of his investments in a blind trust if he is elected governor.

Tenn. Poll Finds 1 in 10 Respondents in Tea Party

NASHVILLE (AP) — Close to one in 10 respondents in a new poll by Middle Tennessee State University say they identify themselves as being part of Tea Party movement.

STATE LEGISLATURE

Bill to OK Businesses to Authorize English Only

NASHVILLE (AP) — Legislation that clarifies when small businesses in Tennessee can require their employees to speak English only in the workplace is advancing in the House.

REGIONAL

Miss. Budget Restoration Approved, Sent to Barbour

JACKSON, Miss. (AP) — The Mississippi Legislature on Wednesday approved a plan to restore about one-fifth of the money Gov. Haley Barbour had cut from the current state budget.

Miss. Senate Gives Schools Option to Reduce Days

JACKSON, Miss. (AP) — The Mississippi Senate has voted to give school districts the option of keeping children in class five fewer days for each of the next two years.

First Lady Tours Miss. Schools to Tout Health

JACKSON, Miss. (AP) — First lady Michelle Obama visited Jackson, Miss., Wednesday and watched children play on swings and a jungle gym at a school whose programs have been lauded for fighting obesity by keeping kids active.

NATIONAL BUSINESS

ISM: Service Sector Growth Increases in February

NEW YORK (AP) – Growth in the U.S. service sector accelerated in February to its fastest pace in more than two years, but jobs remained hard to find.

New Data: Most Retail Sectors Saw Gains in Feb.

NEW YORK (AP) — Most retail sectors including electronics and luxury items saw sales gains in February, data released Wednesday show, though snowstorms that shut in shoppers also chilled sales at women's clothing stores.

Fed: Economy Grows, but Snowstorms Hurt Some Areas

WASHINGTON (AP) — The economy has continued its slow growth but harsh snowstorms crimped activity along the East Coast last month, according to a Federal Reserve report.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 119 482 10,051
MORTGAGES 119 497 11,811
FORECLOSURE NOTICES 8 61 1,695
BUILDING PERMITS 268 1,056 21,366
BANKRUPTCIES 50 263 6,700
BUSINESS LICENSES 28 151 3,584
UTILITY CONNECTIONS 0 139 4,122
MARRIAGE LICENSES 20 111 2,290

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