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VOL. 125 | NO. 64 | Friday, April 2, 2010

Downtown Anticipates Residential Uptick

For Downtowner Josh Thomas, it’s about the simple things.

New & Improved

Hickory Ridge reopens with shops, community center

Just more than two years after being ravaged by a tornado, Hickory Ridge Mall will reopen this weekend under new ownership and having undergone millions in renovations.

Races Open For Two County School Board Seats

Seven Legislative Incumbents ReElected At Filing Deadline

The Aug. 5 elections will feature two races for open seats on the Shelby County school board.

Consolidation Charter Slow To Move

Not a single word of a proposed consolidation charter has been drafted.

Holtgrewe Honored as Outstanding Engineer of the Year

Josh Holtgrewe, 27, is not necessarily comfortable with having the reputation as someone “wise beyond his years.” However, he has heard the phrase many times.

Local Weather
Currently
Memphis, TN
92.0°F
Mostly Cloudy
Wind: Calm mph
Humidity: 62%

EVENTS

Launch Memphis will host a seminar titled “Bootstrapping: Business Plan Boot Camp” Saturday from 8:30 a.m. to 4 p.m. at 516 Tennessee St. Cost is $40. To register, visit bootcampmem.eventbrite.com.

more events »

Shelby County’s Unemployment Rate Drops

The Tennessee Department of Labor released its county unemployment figures Thursday. Shelby County’s unemployment for February was 10.8 percent, down from January’s rate of 11.3 percent.

STATEWIDE

Tenn. to Get $608 Million In Expanded Pell Grants

NASHVILLE (AP) – The White House says the Health Care and Education Reconciliation Act is expected to provide more than $657 million to Tennessee by academic year 2020-2021 in additional benefits for higher education.

Democrat McWherter Hits GOP's Haslam on Jobs Claim

NASHVILLE, Tenn. (AP) - Jackson businessman Mike McWherter in a speech Thursday to celebrate his being the only serious Democratic candidate to file for governor took aim at a leading Republican rival for the job.

STATE LEGISLATURE

Tenn. Rep. Donna Rowland Not Seeking Re-Election

NASHVILLE, Tenn. (AP) - The list of Tennessee House members not seeking re-election grew longer on Thursday with Republican Rep. Donna Rowland's announcement she plans to retire after a decade of service.

Republican Senator Has Emergency Appendectomy

NASHVILLE, Tenn. (AP) - State Sen. Tim Burchett is recovering from an emergency appendectomy.

Second Democrat Files to Run for Gordon Seat

NASHVILLE, Tenn. (AP) - Iraq war veteran Brett Carter is the second Democrat to file a petition to run for the congressional seat being vacated by Rep. Bart Gordon.

NATIONAL POLITICS

Administration Releases New Fuel Efficiency Rules

WASHINGTON (AP) - The Obama administration set tougher gas mileage standards for new cars and trucks Thursday, spurring the next generation of fuel-sipping gas-electric hybrids, efficient engines and electric cars.

REAL ESTATE

Construction Spending at Lowest Point Since 2002

WASHINGTON (AP) – Builders cut back on new projects at a faster-than-expected pace in February and drove down construction spending to the lowest level in eight years.

NATIONAL BUSINESS

US Manufacturing Growth Revs Up

NEW YORK (AP) – The U.S. manufacturing sector expanded in March at its strongest pace in 5 1/2 years, leading the rebound from the recession on growth in exports and inventory rebuilding.

New Claims for Unemployment Benefits Drop Slightly

WASHINGTON (AP) - Initial claims for unemployment benefits fell slightly last week as the recovering economy moves closer to generating more jobs.

Geithner: Disparity in Recovery 'Deeply Unfair'

WASHINGTON (AP) - U.S. Treasury Secretary Timothy Geithner said Thursday it's "deeply unfair" that some financial institutions that got taxpayer-paid bailouts are emerging in better shape from the recession than millions of ordinary Americans.

JPMorgan Chase CEO Says Bank Could Raise Dividend

NEW YORK (AP) - JPMorgan Chase & Co.'s CEO Jamie Dimon said the bank could hike its dividend if economic conditions improve and potential regulatory reform is settled.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 77 77 11,602
MORTGAGES 79 79 13,506
FORECLOSURE NOTICES 0 0 1,858
BUILDING PERMITS 96 96 24,260
BANKRUPTCIES 53 53 7,526
BUSINESS LICENSES 31 31 3,943
UTILITY CONNECTIONS 0 0 4,681
MARRIAGE LICENSES 20 20 2,564

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