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VOL. 123 | NO. 80 | Wednesday, April 23, 2008

Suburbs Power Tax Growth While City Idles

The modest overall growth in Shelby County's tax base eked out over the past year was due by and large to strong real estate markets in the suburbs of Arlington, Collierville and Lakeland.

Robot Makes Spinal Medicine More Precise

When engineers designed the 1,671-foot Taipei 101 skyscraper, they had to calculate stress factors such as load, the weight of materials and contents and how the building would twist under wind pressure - always mindful that Taiwan has frequent earthquakes.

Smith Hired as Regional Clinical Director Of Ageless Men's Health

Jeff Smith has been hired as regional clinical director for Memphis-based Ageless Men's Health, which provides treatment for men with low testosterone levels.

Cresthaven Building Gets $1M Facelift

Fowler Property Acquisitions needed just eight months to make its first real estate purchase in Memphis, perform an extensive renovation of the property and unveil the finished product - 58,000 square feet of modern medical/office space in the heart of East Memphis.

Council to Talk Money Again Today

Memphis City Council members resume budget hearings today after an opening session Monday evening in which cutting all the nearly $90 million in city funding for the Memphis school system was a dominant topic.

Local Weather
Memphis, TN
Partly Cloudy
Wind: Northeast at 11.5 mph
Humidity: 76%


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. This week's topic will be "What to do When Your Income Drops" with Cathy Faust, extension agent with University of Tennessee Adult Family & Consumer Services. The meeting is free and open to the public. For more information, call Jo Garner at 759-7808.

more events »

Bodies Politick Shift Pyramid Finance Issue To Third Parties

Two accounting and public finance companies have been hired to look over the finances of the two companies vying for use of The Pyramid.

Ethics Panel Fines Groups That Didn't File Lobbyist Reports

NASHVILLE (AP) - Tennessee Ethics Commission members have recommended the maximum fine for three groups that failed to file their lobbyist expenditure reports.

AutoZone CEO Exercises Options

NEW YORK (AP) - The chairman, president and chief executive of auto parts retailer AutoZone Inc. exercised options for 10,000 shares of common stock, according to a U.S. Securities and Exchange Commission filing.

Bank of America to Alter Loan Guidelines After Acquisition

CHARLOTTE, N.C. (AP) - Bank of America says it will alter its mortgage product menu once it completes its acquisition of mortgage lender Countrywide Financial.

Fed Auctions Another $50 Billion to Banks

WASHINGTON (AP) - Battling to relieve stressed credit markets, the Federal Reserve has provided a total of $360 billion in short-term loans to squeezed banks since December to help them overcome credit problems.

Northwest, Delta CEOs See DOJ Approval Without Concessions

WASHINGTON (AP) - The chief executives of Delta Air Lines and Northwest Airlines expect federal regulators to approve their proposed combination without requiring asset sales or other concessions.

Economist: Housing Slump may Exceed Depression

NEW HAVEN, Conn. (AP) - An influential economist who long predicted the housing market bubble cautioned Tuesday that the slump in the U.S. housing market could cause prices to fall more than they did in the Great Depression, and bailouts will be needed so millions don't lose their homes.

Vote on Open Records Proposal Delayed in State Senate

NASHVILLE (AP) - A proposal to add requirements for open government advocacy groups to disclose more details about their memberships has caused a Senate committee to delay a vote on a bill to expand Tennessee's public records law.

Ignoring Flood Signs Could Bring Reckless Driving Charge

NASHVILLE (AP) - Drivers who ignore flood warning signs or barricades could be charged with reckless driving under a bill passed by the Senate.

Several Anti-Smoking Bills Fail in Agriculture Committees

NASHVILLE (AP) - A proposal that would prohibit smoking within 25 yards of a hospital was among several that failed in House Agriculture committees and are likely dead for the session.

Bill Seeks to Help Individuals With Medical Conditions

NASHVILLE (AP) - A proposal that would require retailers to make their employee toilet facility available to customers with certain medical conditions is headed to the governor for his consideration.

Proposal Seeks to Privatize State Employees' Addresses

NASHVILLE (AP) - Legislation that would close public access to state and local employees' home addresses and phone numbers is headed to the governor for his consideration.

State Bill Seeks to Prevent Racial Profiling

NASHVILLE (AP) - A proposal that seeks to crack down on racial profiling by law enforcement officers is advancing in the Legislature.

State Bill Seeks to Create More Home Care Services

NASHVILLE (AP) - A proposal that seeks to improve TennCare's long-term care services is advancing in the Legislature.

Bredesen Signs River Testing, Alcohol Permit Bills Into Law

NASHVILLE (AP) - Gov. Phil Bredesen has signed into law a bill to require stricter water quality monitoring on the Pigeon River.

State Senate Measure Would Ban Lawyers From DUI Advertising

NASHVILLE (AP) - Defense attorneys would be banned from advertising their expertise with drunken-driving cases under a bill advancing in the Senate.

Senate Panel Votes to Make it Harder to Divert Gas Taxes

NASHVILLE (AP) - The Senate Finance Committee voted Tuesday to advance a bill that would make it more difficult for the state to use gas tax money for any purpose other than road projects.

State Bill to Create TennCare Personal Health Accounts Fails

NASHVILLE (AP) - A proposal to allow personal health care accounts for enrollees in the state's expanded Medicaid program has failed for the session.

Bill to Lower Age Requirement for Lottery Scholarships Fails

NASHVILLE (AP) - A proposal to lower the age requirement for a nontraditional student seeking a lottery scholarship has likely failed this session.

Bill Would Allow Nonsectarian Study of the Bible

NASHVILLE (AP) - A proposal that would allow the state Department of Education to develop a curriculum for the nonsectarian study of the Bible in public schools is headed for a vote on the Senate floor.

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PROPERTY SALES 83 363 9,932
MORTGAGES 91 378 11,692
BUILDING PERMITS 213 788 21,098
BANKRUPTCIES 50 213 6,650

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