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VOL. 126 | NO. 64 | Friday, April 1, 2011

Labor Leaders Remembrance of MLK Timely

Organized labor supporters from around the country will descend on Memphis Monday to join members of the American Federation of State, County and Municipal Employees, Local 1733 in solidarity as they march through Downtown’s streets on the anniversary of the assassination of Dr. Martin Luther King Jr.

Gaining Altitude

City to showcase airport, other transportation assets to world

April should be a busy month for officials with Memphis International Airport and the logistics industry as they promote the city’s transportation assets as a vital part of the local economy.

Ex-Fox Personality Files Overtime Lawsuit

Former WHBQ/Fox 13 sports personality Greg Gaston has filed a federal lawsuit against Fox over what the suit claims is a denial of overtime compensation.

Myers Tire Finds ‘Ideal’ Spot in Miss.

Airways Distribution Center at 8474 Marketplace Drive in Southaven is nearly at capacity with a new lease.

Brewery Traveled Long, Winding Road

Memphis Mayor A C Wharton Jr. made it clear this week that his latest economic development announcement wasn’t like the others he’s made in the last four months.

Local Weather
Currently
Memphis, TN
79.0°F
A Few Clouds
Wind: South at 3.5 mph
Humidity: 77%

EVENTS

The Lipscomb & Pitts Breakfast Club will hold a happy hour mixer Friday from 4 p.m. to 6 p.m. at Napa Cafe, 5101 Sanderlin Ave., suite 122. No reservations are required.

more events »

High-Profile District Court Judge Lets Lighter Side Show

Complicated, high-profile cases that frequently carry far-reaching significance have a knack for winding up in the lap of U.S. District Court Judge Hardy Mays.

MIFA’s Day of Reflection to Honor MLK Legacy

Memphis Inter-Faith Association will commemorate the legacy of Dr. Martin Luther King Jr. Saturday during its 12th Annual Day of Reflection and Service.

Blackwell Shines in Career and Community

Vicki Blackwell is the multifaceted vice president of Crye-Leike Realtors Inc. who excels in her career and in the community.

You Get Fries With That

Hot and fresh, all over again. The deal on Electrolux was handmade, and comes with whatever you want on it and a couple thousand jobs. Mitsubishi is going to fire up transformers bigger than doublewides, heavier than river barges, and they come with $200 million and an extra large order of fries.

How Feasibility Studies Can Help

This is the second of a two-part series. Too often organizations focus on how quickly they can begin fundraising. “We need the money now” is common. Our response is simply “it’s not how quickly you begin fundraising, it’s how quickly you reach your goal.”

STATE LEGISLATURE

Ramsey Rules Out Rematch Against Gov. Haslam

NASHVILLE (AP) – Senate Speaker Ron Ramsey is ruling out a rematch against Gov. Bill Haslam in 2014.

Mountaintop Removal Ban Dies in Tenn. Senate

NASHVILLE (AP) – This year's effort to ban mountaintop removal coal mining in Tennessee has failed in a Senate committee.

Presidential Birth Certificate Bill Fails in Tenn.

NASHVILLE (AP) – A bill to require presidential candidates to prove they were born in the United States before being allowed on the Tennessee ballot has failed in a House subcommittee.

Open Container Bill Withdrawn in Tenn. House

NASHVILLE (AP) – The House sponsor of a perennial effort to outlaw open alcohol containers in vehicles has withdrawn his proposal from consideration.

NATIONAL BUSINESS

As Ticket Prices Have Risen, So Have Some Bag Fees

NEW YORK (AP) – While higher airfares are grabbing travelers' attention, airlines have also quietly been raising their fees for checked bags.

SunTrust Repays Nearly $5B in TARP Aid to Treasury

ATLANTA (AP)SunTrust Banks Inc. said Wednesday that it completed the repayment of $4.85 billion in TARP funds from the government's financial system rescue program.

NATIONAL POLITICS

Tea Party Rallies to Keep GOP Cutting Spending

WASHINGTON (AP) – The tea partyers who helped drive GOP gains in the last election rallied in the city they love to hate Thursday, urging Republican House leaders – Speaker John Boehner above all – to resist the drive toward compromise in the protracted fight over the federal budget. Even, they say, if that means Congress fails to do its most important job: pay for the government.

Fed Names Banks That Drew Loans During Crisis

WASHINGTON (AP) – For the first time in its 98-year history, the Federal Reserve on Thursday identified banks that borrowed from its oldest lending program, naming those that drew emergency loans during the financial crisis.

Boehner Signals Compromise in Budget Talks

WASHINGTON (AP) – House Speaker John Boehner signaled Thursday that a compromise is coming with Democrats on immediate cuts in government spending, noting that Democrats control the White House and the other half of Congress. Boehner said Republicans are fighting for the biggest spending cuts they can get.

Fewer People Sought Unemployment Aid Last Week

WASHINGTON (AP) — Fewer people applied for unemployment benefits last week, a sign that layoffs are dropping and companies may be stepping up hiring.

REAL ESTATE

Rate on 30-Year Fixed Mortgage Rises to 4.86 Pct.

NEW YORK (AP) — Fixed mortgage rates rose slightly this week, but the average rate on the 30-year loan remained below 5 percent.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 312 16,192
MORTGAGES 86 293 18,685
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 332 655 33,126
BANKRUPTCIES 50 237 10,737
BUSINESS LICENSES 26 112 5,198
UTILITY CONNECTIONS 0 127 11,344
MARRIAGE LICENSES 19 94 3,867

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