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VOL. 125 | NO. 78 | Thursday, April 22, 2010

UPDATE: Charter Commission On Support Services

The Metro Charter Commission has gone for the basics in deciding what to call the consolidated government they are in the process of proposing.

Restaurateurs Find Opportunities in New Technology

Nowadays there’s a cell phone app for nearly everything – and restaurant reservations are no exception.

Allenberg Cotton Buys Dunavant HQ

The merger between two kings of Memphis cotton has cleared a major hurdle with Allenberg Cotton Co.’s purchase of the Dunavant Enterprises Inc. headquarters at 3797 New Getwell Road.

BNSF Opens New Rail Yard Site After Finishing Upgrades

Memphis has long been a railroad town.

Thompson & Co. to Fill Vacant Smooth Moves Space

A Center City Commission-affiliated board on Wednesday approved almost $270,000 in financial incentives to support developing new businesses, jobs and service providers Downtown.

Local Weather
Currently
Memphis, TN
42.0°F
Mostly Cloudy
Wind: Variable at 4.6 mph
Humidity: 55%

EVENTS

The Leadership Academy will hold the 2010 Celebrate What’s Right Luncheon Thursday from noon to 1:30 p.m. at the Holiday Inn-University of Memphis, 3700 Central Ave. Barbara Hyde will be the keynote speaker. For more information, call 527-4625.

more events »

Morrell Named Fellow of American College of Trial Lawyers

Gary Morrell’s parents stressed several important values as he grew up – education, hard work, preparation and professionalism.

Baker Donelson Sees Results From New Marketing Campaign

The marketing team at Baker, Donelson, Bearman, Caldwell & Berkowitz PC has redefined the firm’s marketing strategy, emphasizing the company’s dedication to its clients.

Charter Commission Argues Politics In Law Enforcement

The group drafting a proposed city-county consolidation charter continues Thursday to vote on and debate changes in local government.

Hooks Remembered for Trail-Blazing Life

National civil rights leader the Rev. Benjamin L. Hooks was eulogized Wednesday as an icon who lived very much in the present.

New CEO at West Clinic, Memphis Heart Clinic

Erich Mounce, who started out on the front line of health care as a paramedic in Los Angeles, has come to Memphis almost 30 years later to head two of the city’s premier specialty practices.

Author to Discuss Shakespeare Controversy

Hundreds of years later, the debate over Shakespeare’s works is still going strong.

Mayor Encourages Partnerships With Nonprofit Agencies

Memphis Mayor A C Wharton Jr. urged leaders of nonprofit organizations Wednesday to forge new partnerships and secure funding by thinking beyond their core missions.

Investors’ Biggest Mistake was Trusting Wall Street

Good sense has vanished from many areas of American life, including how families manage their money, says economist and television commentator Ben Stein.

MEMPHIS AREA

Civil Rights Leader Hooks Laid to Rest in Memphis

MEMPHIS (AP) - After years of fighting for social justice, civil rights leader Benjamin L. Hooks was laid to rest Wednesday.

STATE LEGISLATURE

House GOP Joins in Opposing End of Sales Tax Cap

NASHVILLE (AP) - House Republicans on Wednesday announced they are joining their Senate counterparts in opposing Gov. Phil Bredesen's proposal to lift a cap on sales taxes charged on big ticket items.

Bill Would Give Governor Control on Outside Lawyer

NASHVILLE (AP) - The Tennessee governor could decide to hire an outside attorney without the consent of the attorney general under a bill advancing in the Senate.

NATIONAL BUSINESS

Morgan Stanley's Profit of $1.41B Tops Forecasts

NEW YORK (AP) - Morgan Stanley reported Wednesday its first-quarter profit surged to $1.41 billion on strong results from its trading operations. The investment bank easily topped analysts' expectations.

IMF Says Global Economy to Grow 4.2 Pct This Year

WASHINGTON (AP) - The International Monetary Fund has reported the global economy, after enduring a crippling recession, should see better-than-expected growth this year, led by strength in China and other developing nations.

Government Goes High-Tech to Redesign $100 Bills

WASHINGTON (AP) - The folks who print America's money have designed a high-tech makeover of the $100 bill. It's part of an effort to stay ahead of counterfeiters as technology becomes more sophisticated and more dollars flow overseas, Federal Reserve Chairman Ben Bernanke says.

GM Pays Back Government Loans from US, Canada

DETROIT (AP) - General Motors Co. has repaid $8.1 billion in loans it got from the U.S. and Canadian governments, a move its CEO says is a sign the automaker is on the road to recovery.

NATIONAL POLITICS

Obama Seeks Court Nominee Who Backs Women's Rights

WASHINGTON (AP) - President Barack Obama, treading carefully on the explosive issue of abortion and the U.S. Supreme Court, said Wednesday he will choose a nominee who pays heed to women's rights and privacy when interpreting the Constitution.

HEALTH CARE

Doctor Groups Set New Policy to Curb Industry Sway

No more letting industry help pay for developing medical guidelines. Restrictions on consulting deals. And no more pens with drug company names or other swag at conferences.

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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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