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VOL. 125 | NO. 75 | Monday, April 19, 2010

Lehman Brothers Reclaims Foreclosed Midtown Acreage

The continuing saga of the Midtown land slated for a major mixed-use redevelopment took another twist Monday morning when the lender reclaimed the property for $3.15 million on the Shelby County Courthouse steps.

Unsung Heroes

Bar-Kays’ legend makes Memphis proud

It’s often said that Memphis takes its musical talent for granted.

Court Cases Stay Steady in Q1

The caseload for three of the four sets of civil courts in Shelby County remained about the same for the first three months of 2010.

Daq Beer Question Looms Larger

After one of several rounds of questions about his business last week, Keevon Morgan of Nashville said he thought he got caught in a political squeeze.

Bank of Bartlett Expects Small Q1 Profit

Bank of Bartlett chief financial officer Dale Stover said it looks like the family-run community bank that took some bruising blows in 2009 will have eked out a small profit in the first quarter of this year.

Local Weather
Currently
Memphis, TN
30.0°F
Fair
Wind: Calm mph
Humidity: 72%

EVENTS

The Greater Memphis Chamber will hold a Lunch and Learn Tuesday from 11:30 a.m. to 1 p.m. at Bethel University, 5885 Ridgeway Center Parkway. The event is free for members and prospective members. To register, contact Alexis Rutland at 543-5311 or arutland@memphischamber.com.

more events »

Orphanos Foundation Meets Needs of Orphans

The Orphanos Foundation, one of Memphis’ best-kept secrets on the nonprofit front, is more than the story of one person.

Strong Leadership: Safest Port in Storms

The best advice ever on being an effective leader came from Confucius, the great Chinese sage, in 500 B.C.: “Tell me and I will forget. Show me and I will remember. Involve me and I will understand.”

InMotion Set to Transition Leadership

Dick Tarr built the InMotion Orthopaedic Research Center from an idea into an institution, and Larry Foster intends to make sure the industry knows what it can do.

March Housing Starts Gain On Multifamily Building

WASHINGTON (AP) – Housing construction posted a better-than-expected performance in March, rising to the highest level in 16 months on the strength of multi-family homes.

Haslam Brings Tax Talk to Town

Knoxville Mayor Bill Haslam came to Memphis on tax day – April 15 – to make a pitch at AutoZone Park for fiscal conservatism.

THE MEMPHIS NEWS

Candidates Battle it Out in Democratic Primary

Before voters get to the slimmer, trimmer Aug. 5 race for Shelby County mayor, some of them must decide the three-candidate Democratic primary on the May 4 ballot.

Sheriff's Race Attracts Hard-Boiled Veterans

Most of the Democratic and Republican candidates for Shelby County sheriff gathered last month in the office of outgoing Sheriff Mark Luttrell.

Commission Races Hinge on Public Issues

Two issues figure in to the 11 competitive races for the Shelby County Commission – the future of the Regional Medical Center and local government consolidation.

Clerk Races Generate Plenty of Heat

Seven clerks' positions are on the May 4 primary ballot and incumbents are running for re-election in three of them.

Son Tries to Succeed Father In Criminal Court Run

For 20 years, the elections for Criminal Court clerk have been among the hardest fought clerks' races in the county.

Largely Misunderstood, Probate Work Still Sought After

It is the smallest office of the clerk’s positions on the May 5 primary ballot.

Abuses by Local Catholic Priests Boggle the Mind

Aweek and a half after the release of 10,000 pages of depositions and church documents about child sexual abuse and Memphis priests, it remains difficult to comprehend the magnitude of the crisis.

Huey’s ‘World-Famous’ Burger Turns 40

It might have been called “Hamburgers for Healing,” but perhaps that would be too cheesy and obvious. The 40th anniversary party of Huey’s restaurants in Memphis will offer live music and the eatery’s world-famous burgers with hope in every mouthful.

Restaurant Industry Expresses Concern Over Health Care

Few issues have divided Americans as completely as health care reform. Proponents believe that making medical care available to 32 million uninsured people will open a new era of social responsibility and fulfill the government’s covenant with its citizens, a sort of 21st Century New Deal.

Chateau Ste. Michelle Goes Against Grain

In many European countries, government rules dictate what grapes can be grown where and what grapes can be blended. In France, for example, if you’re making a wine based on the cabernet sauvignon grape, you can only blend the cabernet grapes with a specified variety of other grapes.

STATEWIDE

Heavy Fundraising in Open US House Seats in Tenn.

NASHVILLE, Tenn. (AP) - Candidates for three open congressional seats in Tennessee have reported heavy fundraising activity through the first quarter.

NATIONAL BUSINESS

33 States Saw Jobs Rise, 17 Had Losses in March

WASHINGTON (AP) - The government says that Maryland, Virginia and Pennsylvania recorded sizable gains in employment in March and were among 33 states posting increases.

Lax Regulators Helped Doom Washington Mutual

WASHINGTON (AP) - A U.S. Treasury Department watchdog is preparing to tell a Senate panel that regulators trusted the executives of Washington Mutual to correct risks at the bank but did little to force a change – leading to the biggest U.S. bank failure.

BofA Earns $2.83 Billion in Q1 on Strong Trading

CHARLOTTE, N.C. (AP) - Bank of America reported Friday its first-quarter earnings rose 0.7 percent to $2.83 billion as strong trading revenue helped the bank offset continuing losses on consumer loans.

NATIONAL POLITICS

Obama Extends Health Care Rights to Gay Partners

WASHINGTON (AP) - In a move hailed as a step toward fairness for same-sex couples, President Barack Obama is ordering that nearly all hospitals allow patients to say who has visitation rights and who can help make medical decisions, including gay and lesbian partners.

DNC to Pour $50 Million into Fall Races

WASHINGTON (AP) - The Democratic National Committee says it will spend more than $50 million in cash and other resources on the November elections, as the party struggles to limit expected losses in congressional races and possibly gubernatorial contests too.

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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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