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VOL. 125 | NO. 79 | Friday, April 23, 2010

Linebarger Sued For Charging Delinquent Taxpayers Over 10% Attorney Fees

A new class action lawsuit has been filed over the practices of a Texas law firm that’s been under fire for years over the way it collects delinquent taxes from Memphis taxpayers.

More Than Shopping

Mall lures shoppers with entertainment events

Resource Entertainment Group is a Memphis-based entertainment services company with a resume full of big names and corporate clients.

CCC Gets Report On Downtown Grocery

The Center City Commission has hired a Minneapolis-based consulting firm to analyze the potential for more grocery options Downtown.

MED Halts Spin-Off of Loop Clinics

The board for The Regional Medical Center at Memphis decided Thursday to rescind the decision to spin off its Health Loop clinics to the Memphis Health Center.

PILOT Approval Clears Way for $90M Investment at Lucite

Wednesday’s monthly meeting of the city-county Industrial Development Board brought two companies – Lucite International and Christ Community Health Services – closer to expanding their Memphis operations.

The IDB unanimously approved a 15-year payment-in-lieu-of-tax (PILOT) retention program for Lucite International to invest $90 million in its Memphis-area operation and keep 200 jobs intact.

Local Weather
Currently
Memphis, TN
41.0°F
A Few Clouds
Wind: Northwest at 3.5 mph
Humidity: 62%

EVENTS

The Small Business Chamber Breakfast Club will meet Friday from 7:30 a.m. to 9 a.m. at Parmasters, 888 S. White Station Road. For more information, call 867-7171.

more events »

Charter Commission Approves Support Services Organization

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

More Locations Help Jumpstart Early Voting

Early voting got a jolt on the first two days of balloting at 20 satellite sites and so did participation in the Republican county primaries.

Crump Makes His Name In Local Real Estate

His surname is synonymous with Memphis political history, but Patrick Crump’s passion lies in Memphis real estate.

You May Not Know Them, But They Know You

Paris.

Shelby Co. Registers Slight Unemployment Decline

The Tennessee Department of Labor on Thursday released county seasonally adjusted unemployment rates for March.

STATEWIDE

Tenn. Schools See Rise in Zero Tolerance Offenses

NASHVILLE (AP) - A new report shows the number of Tennessee school children committing zero tolerance offenses has increased 31 percent during the past decade, but there's been improvement in the past couple of years.

Bristol Palin: Hacked E-mail Meant Harassing Calls

KNOXVILLE (AP) - Bristol Palin said she received countless phone calls and hundreds of text messages when her cell number was posted online after her mother's e-mail account was hacked. Only one really scared her.

STATE LEGISLATURE

Measure to Call for Popular Election of Tenn. AG

NASHVILLE (AP) - The sponsor of a proposed constitutional amendment calling for the popular election of Tennessee's attorney general says the current process lacks accountability.

House Speaker Threatens to Remove Lawmakers

NASHVILLE (AP) - Tennessee House Speaker Kent Williams threatened to remove at least two lawmakers from the chamber on Thursday if they continued to argue over tax legislation.

REAL ESTATE

Home Sales Rise as Unemployment Claims Fall

WASHINGTON (AP) – Home sales rose sharply last month and claims for jobless benefits fell last week. The two reports Thursday sketched a picture of a modestly improving economy.

Home Sales Surge in Southern Cities

MIAMI (AP) - March home sales climbed nearly 19 percent in the South as buyers scrambled to claim federal tax credits and take advantage of affordable prices.

Selling Your Home? Price Low, Present Well, Wait

CHICAGO (AP) - You're finally ready to sell your house. But so are your neighbor and the couple down the street.

Creating Good First Impression is Key for Sellers

Curb appeal traditionally refers to how a home appears from the street. Today, with more than 90 percent of buyers shopping online, the curb is most often a virtual one. Online, a home has only seconds to grab attention before a viewer moves on; there are no do-over's for first impressions.

NATIONAL BUSINESS

Simon Says It Improved Offer For Rival

INDIANAPOLIS (AP) – Mall owner Simon Property Group says it has improved its offer to help finance the bankruptcy exit of its biggest rival, General Growth Properties.

Wholesale Prices Rise in March as Food Costs Jump

WASHINGTON (AP) - Wholesale prices rose more than expected last month as food prices surged by the most in 26 years. But excluding food and energy, prices were nearly flat.

Rosy Reports: Home Sales Jump, Jobless Claims Fall

'WASHINGTON (AP) - The U.S. economy is improving, with home sales up, jobless claims down and inflation tame. Yet there are concerns the economic rebound won't get much juice from the housing market, which is being fueled by government tax breaks.

Obama Slams Wall Street Ways While Asking Support

NEW YORK (AP) - President Barack Obama rebuked Wall Street for risky practices Thursday even as he sought its leaders' help for "updated, commonsense" banking regulations to head off any new financial crisis.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 46 229 20,995
MORTGAGES 74 248 24,609
FORECLOSURE NOTICES 0 27 8,637
BUILDING PERMITS 478 837 43,174
BANKRUPTCIES 61 177 14,079
BUSINESS LICENSES 12 58 6,459
UTILITY CONNECTIONS 29 114 13,625
MARRIAGE LICENSES 20 67 5,136

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