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VOL. 123 | NO. 75 | Wednesday, April 16, 2008

Myriad Resort Needs $70M or Bust

The effort to develop a sprawling entertainment and casino-based resort in Tunica County, a project that's unfolded in fits and starts since 2004, has come down to a $70 million gamble.

NAFTA Ramifications Reach Closer to Memphis

Busy construction sites might offer a glimpse of the future when it comes to logistics, as thousands of Mexican truck drivers make Memphis their destination.

Morris Promoted to VP At Harrah's Mid-South

Valerie Morris has been promoted to regional vice president of communications and community affairs for Harrah's Mid-South Region.

Payroll Tax Idea Rides Again

The idea of a payroll tax is back just two and a half months after it was declared dead by Shelby County Mayor A C Wharton Jr.

Commission to Take First of Three Votes On Charter - Again

The Shelby County Board of Commissioners will meet in special session one week from today to take the first of three votes on ordinances to start the process of changing the county charter.

Local Weather
Memphis, TN
Wind: West at 6.9 mph
Humidity: 100%


Talk Shoppe will meet today from 9 a.m. to 10 a.m. at the Better Business Bureau of the Mid-South, 3693 Tyndale Drive. Julia Barreda Willhite of GoBilingual.com will present "How to do Business in the Latino Market." The event is free and open to the public. For more information, call Jo Garner at 759-7808.

more events »

March Foreclosure Filings Soar 57 Percent

The onslaught of homes facing foreclosures has yet to ebb, a research report showed Tuesday, with bank repossessions skyrocketing last month as more troubled homeowners mailed in their keys and walked away.

Builders Remain Pessimistic About Slumping Housing Market

WASHINGTON (AP) - A reading of U.S. homebuilders' sentiment remained unchanged in April, just shy of its record low for the third consecutive month as the housing market failed to recover.

AP Interview: Frank Threatens Tough Mortgage Rules

WASHINGTON (AP) - Congressional Democrats and President Bush will agree on a bill to help half a million or more struggling homeowners get into lower-cost mortgages, but it won't be through the bankruptcy courts, the chairman of the House Financial Services Committee predicted Tuesday.

Wholesale Prices Soared in March

WASHINGTON (AP) - Inflation at the wholesale level soared in March at nearly triple the rate that had been forecast as energy prices kept rising and food costs posted a much bigger jump than anticipated.

Tenn. Birth Certificate Bill Taken Off Notice

NASHVILLE (AP) - A proposal that would require individuals to amend their birth certificates following a sex change likely has failed this session.

Alexander Raised $1M in First Quarter, Tuke With $225,000

NASHVILLE (AP) - Republican Sen. Lamar Alexander says his re-election campaign raised nearly $1 million in the first quarter.

State House Votes to Raise Age for Small-Motorcycle Licenses to 15

NASHVILLE (AP) - The state House has passed a measure that would keep 14-year-olds from obtaining limited licenses for small-engine motorcycles.

Breakdown of Bill Reflects Rift on Judicial Selection Process

NASHVILLE (AP) - The rejection of a bill that would have made meetings of the Tennessee Judicial Selection Commission public has exposed a rift over the panel's future.

Tennessee Takes Tax Refunds From Parents Owing Child Support

NASHVILLE (AP) - State government officials expect to nearly double the amount of child support money seized from delinquent parents in coming weeks.

After-School Civics Education Programs Likely Fail This Legislative Session

NASHVILLE (AP) - Legislation that would allow a portion of state lottery funds to be used for after-school civics education programs has likely failed this session.

Bredesen Has Signed 126 Bills Into Law

NASHVILLE (AP) - Gov. Phil Bredesen has already signed 126 bills into law, including measures requiring toll facilities in Tennessee be operated by American-owned companies, banning cars from parking on highway ramps and increasing the font size for birth dates on driver's licenses.

Herenton Proposes 58 Cent Tax Hike

Memphis Mayor Willie Herenton is proposing a 58 cent hike in the city property tax rate. He made the proposal Tuesday as he outlined for City Council members a $595.3 million operating budget for the fiscal year that begins July 1.

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