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VOL. 125 | NO. 72 | Wednesday, April 14, 2010

UPDATE: Beer Beef Prompts Probe

The head of the Shelby County Beer Board has complained that a deputy administrator to the Shelby County Commission tried to influence the board’s decision on a Hacks Cross Road bar.

All-Around Service

Nonprofit org ‘best’ because of employee care

For most college graduates, a first job is a stepping stone to something better, but Megan Gaylord says she’s found a career path at Youth Villages.

Homebuilding Permits Up in Q1

New home permits in the first quarter rose for the fifth-straight period, further solidifying hopes of a full-scale housing recovery

City-MCS Make May-Oct. Deal on $50 Million Payment

The Wharton administration and Memphis City Schools officials have reached an agreement for the city to pay the school system $50 million starting in May.

Bass Pro Shops Sets Nov. 2011 Pyramid Opening

Lease Talks Begin Next Week

Bass Pro Shops executives have set a November 2011 opening date for their planned renovation of The Pyramid as a retail store with other attractions.

Local Weather
Currently
Memphis, TN
30.0°F
Fair
Wind: Calm mph
Humidity: 75%

EVENTS

Talk Shoppe will present “What Sales Professionals Need to Know About Facebook” today from 9 a.m. to 10 a.m. at the Better Business Bureau of the Mid-South, 3693 Tyndale Drive. For more information, call 482-0354.

more events »

Magna Strikes Balance With Conservative Approach

In baseball terms, Magna Bank’s just-released annual report depicts a bank that stepped to the plate in 2009 after several innings of bad omens and knocked a few solid base hits.

Investing In the Office Not Advised

Ray’s Take:

Hagan Presented Francis Gassner Award

Joey Hagan has been presented the Francis Gassner Award by the Memphis Chapter of the American Institute of Architects for his outstanding contributions to the quality of the built environment in Memphis.

MPO to Kick Off Imagine 2035 Public Phase

An initiative designed to give citizens and communities input in the region’s future transportation needs will reach a critical milestone next week with the first round of its public meeting phase.

Early Voting Begins As Candidate Rhetoric Sizzles

Early voting opens Wednesday in advance of the May 4 Shelby County primaries – not a moment too soon in the County Commission primary race that has generated the most political heat.

Herenton Strikes Confident Pose Against Cohen

Standing under a fiberglass swordfish at a Beale Street oyster bar Monday evening, former Memphis Mayor Willie Herenton held his first fundraiser.

Wamp Pushes ‘Memphis Matters’ Slogan

Gubernatorial candidate and U.S. Rep. Zach Wamp was in Memphis Monday to meet with one-time Republican rival Bill Gibbons and took the opportunity to tout his “Memphis matters” campaign mantra.

STATEWIDE

Democrat McWherter's Fundraising Lags His GOP Foes

NASHVILLE, Tenn. (AP) - Jackson businessman Mike McWherter has cleared the Democratic gubernatorial field. The fundraising front has proven more problematic.

2010 Tennessee Transportation Map Now Available

NASHVILLE (AP) - The official 2010 Tennessee Transportation Map is now available.

Study Sees Jobs if Tennessee Cuts Energy Demand

CHATTANOOGA (AP) - An energy efficiency study shows that reducing Tennessee's projected 15 percent increase in residential, commercial and industrial power demand in the next two decades can create 21,500 jobs.

Tenn. BlueCross Telling 447,549 More Info Stolen

CHATTANOOGA, Tenn. (AP) - BlueCross BlueShield of Tennessee said almost twice as many customers' personal information than first thought could be at risk after the theft of computer hard drives.

STATE LEGISLATURE

Tenn. General Fund Misses Projections by $9M

NASHVILLE (AP) - Tennessee's general fund tax collections have fallen about $9 million short of expectations in March.

Senate Votes to Urge AG to Join Health Lawsuit

NASHVILLE (AP) - The state Senate has voted 21-7 to pass a resolution urging the Tennessee attorney general to join states challenging the constitutionality of the federal health care overhaul.

Tenn. House to Vote on 'Health Freedom Act'

NASHVILLE (AP) - A bill seeking to allow Tennesseans to opt out of a new federal health care law is headed for a full House vote.

Amended Tenn. Equal Custody Bill Advancing

NASHVILLE (AP) - The amended version of a proposal to grant equal custody to divorced parents is once again advancing in the House.

Guns in Bars Legislation Advancing in Tenn. Senate

NASHVILLE, Tenn. (AP) - Legislation is advancing in the Senate that would allow handgun permit holders in Tennessee to carry weapons where alcoholic beverages are served unless posted otherwise.

REGIONAL

Leaders From Canada, South Discuss Development

BILOXI, Miss. (AP) – As the economy continues its struggle out of the Great Recession, governors, economic development officials and private business owners from Southeastern states are meeting with their counterparts from Canada to find new opportunities for trade and investment.

NATIONAL BUSINESS

Proposal Opposes Federally Mandated Health Plans

NASHVILLE (AP) – Tennessee lawmakers against a resolution that opposes federally mandated health care initiatives said Monday it’s unnecessary because of the recent passage of President Barack Obama’s reform legislation.

February Trade Deficit Increases to $39.7 Billion

WASHINGTON (AP) - The U.S. trade deficit widened more than expected in February as a small gain in exports to the highest level in 16 months was offset by a bigger jump in imports, reflecting increased demand for consumer goods from televisions to clothing.

Ex-WaMu CEO Defends Bank's Actions Before Failure

WASHINGTON (AP) - The former CEO of Washington Mutual, the biggest U.S. bank ever to fail, on Tuesday defended the bank's actions to reduce risks from the looming housing bust.

AP Analysis: Economic Pain Eases in Hard-Hit Areas

WASHINGTON (AP) - Economic stress declined in the nation's most troubled areas in February as unemployment stabilized and the pace of foreclosures eased, according to The Associated Press' monthly analysis of conditions in more than 3,100 U.S. counties.

Twitter to Have Paid Tweets Show Up in Searches

SAN FRANCISCO (AP) - Twitter announced Tuesday that it is introducing advertising by allowing companies to pay to have their messages show up first in searches on its site.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 128 183 20,949
MORTGAGES 130 174 24,535
FORECLOSURE NOTICES 4 27 8,637
BUILDING PERMITS 163 359 42,696
BANKRUPTCIES 61 116 14,018
BUSINESS LICENSES 24 46 6,447
UTILITY CONNECTIONS 29 85 13,596
MARRIAGE LICENSES 24 47 5,116

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