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VOL. 125 | NO. 73 | Thursday, April 15, 2010

UPDATE: Charter Commission Recommends Sheriff Out Of Law Enforcement

Board of Health Revived - Med Stays As Is - Metro Attorney Goes Binding

The Metro Charter Commission has approved the idea of an appointed Metro Police Director to do the policing in a consolidated government and an elected Shelby County Sheriff to take care of the jail, serve warrants and maintain security in the courts.

Support, Coaching Fuel Mock Trial Success

Rhodes College will host the 2010 American Mock Trial Association National Championship Tournament this weekend, making Memphis only the fourth city to host the nationals.

Q1 Property Foreclosures Up Slightly

Lenders repossessed almost as many homes, apartment buildings and other properties in Shelby County during the first quarter of this year as they did during the same period in 2009.

Morgan Keegan CEO Responds to SEC Charges With Investors Letter

The CEO of Morgan Keegan & Co. Inc. has written a letter to investors in response to accusations the company was not truthful about a group of mutual funds that lost $2 billion.

Beer Board Head Reacts to Alleged Influence Ploy

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

Local Weather
Currently
Memphis, TN
41.0°F
Light Rain
Wind: East at 13.8 mph
Humidity: 96%

EVENTS

The Aging Commission of the Mid-South and the Alzheimer’s Association will hold a free education conference for caregivers today from 8:30 a.m. to 4 p.m. at the Agricenter International, 7777 Walnut Grove Road. The conference is free but space is limited. To register, call 565-0011.

more events »

Trezevant Place to Offer More Room at Senior Home

The hottest bistro on Highland Street isn’t on the strip of clubs near the University of Memphis or in Poplar Plaza.

Chandler Follows Family Legacy, Joins HF Law Group

With three generations of attorneys in the family preceding her, recent Tennessee Bar Association swear-in, Louise Chandler, has some big shoes to fill.

High Dow Numbers Don’t Reflect Low Trading Volume

Think Dow 11,000 is a big deal? Think again.

Shelby Farms Celebrates Nature With Earth Week

The annual Earth Day turns 40 on April 22, so the Shelby Farms Park Conservancy wanted to have a “birthday blowout” for the event created in 1970 to raise environmental awareness and promote eco-friendly practices.

Music Biz Panel To Share Industry Roadmap

Even in a music town like Memphis, it’s hard to find someone with more experience in the business than Mark Montgomery.

HF Law Group Moves East for Clients

The HF Law Group PLLC became the most recent business to announce its move from the central business district Downtown to the eastern part of Shelby County, when it announced last week its relocation to 3257 Sarazen’s Circle.

City, Bass Pro Clear Hurdles For Pyramid Store

When Memphis Mayor A C Wharton Jr. sits down next week with executives from Bass Pro Shops, The Pyramid will be the central topic.

City, Memphis Schools Agree to $50M Payment Plan

After months of false starts, the city of Memphis is on an installment plan with Memphis City Schools.

STATEWIDE

Ramsey's 1st Ad Promises to Give Feds 'The Boot'

NASHVILLE (AP) - Republican state Senate Speaker Ron Ramsey's first gubernatorial campaign advertisement launched Wednesday promises to give the federal government "the boot" if it runs afoul of Tennessee principles.

Tenn. Alerts Consumers About Health Scam Artists

NASHVILLE, Tenn. (AP) - Tennessee officials have warned that scam artists may be going door-to-door trying to defraud consumers about new federal health insurance reforms.

STATE LEGISLATURE

Bill to Close Handgun Records Passes House Panel

NASHVILLE, Tenn. (AP) - A proposal to close access to the names of people who hold state-issued permits to carry loaded handguns advanced in the House on Tuesday even though a similar measure failed last year.

Bill to Remove Tenn. Governor's Emergency Authority

NASHVILLE, Tenn. (AP) - A proposal that would limit the governor's authority to suspend or limit the sale of firearms during a state of emergency in Tennessee is advancing in the House.

Bill to Prohibit Tax Dollars for Abortion Services

NASHVILLE, Tenn. (AP) - Legislation that would prohibit Tennessee tax dollars from being used for abortion services is advancing in the Senate.

REAL ESTATE

Watchdog: Obama Foreclosure Plan Leaves Many Out

WASHINGTON (AP) - A watchdog panel overseeing the financial bailouts says the Obama administration's flagship mortgage aid program lags well behind the foreclosure crisis and leaves too many families out.

NATIONAL BUSINESS

Retail Sales Up In March; Consumer Prices Tame

WASHINGTON (AP) – Retail sales rose for the third straight month in March as better weather and auto incentives brought out shoppers in force.

Jobless Benefits Bill Hits Speed Bump in Senate

WASHINGTON (AP) - A measure restoring jobless benefits of up to 99 weeks for people struggling to find work after months of unemployment has hit a snag in the Senate.

Bernanke Confident on Recovery; Warns on Deficit

WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke told Congress Wednesday that he has confidence the unfolding economic recovery will have staying power, although it won't be strong enough to bring quick relief to high unemployment.

Bank of America Taps Ex-Northrop Exec for CFO Post

CHARLOTTE, N.C. (AP) - Bank of America said Wednesday it named an outsider, former Northrop Grumman executive Charles H. Noski, as its chief financial officer.

Business Inventories Up by Most in Nearly 2 Years

WASHINGTON (AP) - Businesses increased their stockpiles for the second straight month in February, a positive sign that they expect further sales gains.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 393 21,159
MORTGAGES 94 424 24,785
FORECLOSURE NOTICES 0 93 8,703
BUILDING PERMITS 173 1,010 43,347
BANKRUPTCIES 52 292 14,194
BUSINESS LICENSES 15 90 6,491
UTILITY CONNECTIONS 28 167 13,678
MARRIAGE LICENSES 12 89 5,158

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The Memphis News: Business, politics, and the public interest.