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VOL. 125 | NO. 80 | Monday, April 26, 2010

March Commercial Lending Still Slow

Commercial lending activity continues to be slow as companies either choose not to apply or are unable to qualify for loans.

Levels of Excellence

New standards could change schools’ achievement levels

The momentum surrounding school reform has rarely been higher than it is now in Memphis.

MASE Seeks Funding For Future

New leadership at the Memphis Academy of Science and Engineering (MASE) is seeking partners to support the school’s mission of transforming at-risk students into future college graduates.

Commission Begins Considering New Budget

It’s budget season on Civic Center Plaza Downtown.

Ames Plantation, Other Farms Seek New Revenue Streams

GRAND JUNCTION, Tenn. – Ames Plantation is a good place for deer with its 18,430 acres straddling the Fayette-Hardeman county lines providing the right habitat to support a healthy deer herd.

Local Weather
Currently
Memphis, TN
31.0°F
Fair
Wind: Calm mph
Humidity: 79%

EVENTS

The Memphis Orthopaedic Lecture Series will feature speakers Dr. Frederick M. Azar and Dr. Derek M. Kelly, both of the Campbell Clinic, Monday from 4 p.m. to 5 p.m. at the Hamilton Eye Institute, 930 Madison Ave., third floor. For reservations, e-mail aschuler@memphisbioworks.org or call 866-1460.

more events »

The Lamp Shade House: Lighting Up Homes

The final touch for a room undoubtedly is its accessories – the pictures, rugs, chairs and tables that put a distinctive touch on a room.

Can’t Give What You Don’t Have

Every businessperson wants more business. Every leader desires more effectiveness. Every employee needs more pay. The way to get more of what you want means you have to give more of what you have.

Proposed Consumer Protection Agency Draws Critics

In his recap of 2009 last week to shareholders in Nashville, First Horizon National Corp. president and CEO Bryan Jordan said the Memphis-based company generally supports reform of the financial industry.

Humane Society Director Out After Eight Months

The top leadership position at the Humane Society of Memphis & Shelby County is vacant again.

Shelby County Commission Agenda

The Shelby County Commission will meet today at 1:30 p.m. in the Shelby County Administration Building, 160 N. Main St. Click on the meeting icon for a full agenda.

THE MEMPHIS NEWS

Schoolhouse Shuffle

On a cold February morning, a group of excited parents clustered in a tent in back of Kate Bond Elementary School.

Hooks: A Man of the Moment Who Also Looked Forward

In his later years, Benjamin Hooks would often close his eyes and summon memories of his younger days.

Haslam: State Budget Must Be Whittled in Small Pieces

Republican gubernatorial candidate Bill Haslam says the next governor will have to make some difficult decisions about state spending.

Loebel Prepares for Memphis Symphony Finale

Maestro David Loebel, who directed the Memphis Symphony Orchestra for 11 years, will conduct the orchestra for the last time on May 1 at 8 p.m. at the Cannon Center for the Performing Arts.

Ordering Drinks: Getting Most Bang for the Buck

Perhaps this situation doesn’t come up often, but pretend you’re sitting at a bar and placed in front of you are a glass of wine and a cocktail, let’s say an Old Fashioned, to be old-fashioned about it.

Finding Beauty In Sauvignon Blanc

“In the spring,” according to Alfred Lord Tennyson, “a young man’s fancy lightly turns to thoughts of love,” But what about thoughts of sauvignon blanc, a wine that made in the right manner is thoroughly spring-like?

STATEWIDE

Ramsey Lone GOP Candidate Not to Release Schedule

NASHVILLE (AP) - Where's gubernatorial candidate Ron Ramsey? You'll have to turn to Twitter to find out.

Tenn. Gets $11.5M to Reduce Binge Drinking

NASHVILLE (AP) - Tennessee has received an $11.5 million grant to reduce alcohol binge drinking among teens and young adults.

REGIONAL

Aide to Ark. Governor to Head Delta Authority

LITTLE ROCK (AP) - A top aide to Arkansas Gov. Mike Beebe was nominated Thursday by President Barack Obama to head the Delta Regional Authority, a federal agency that works to enhance the economy of the impoverished Mississippi Delta region in eight states.

NATIONAL BUSINESS

New Home Sales Jump From Record Low

WASHINGTON (AP) – Sales of new homes surged 27 percent last month, bouncing off the previous month’s record low and blowing past expectations as government incentives and better weather boosted sales.

Credit Rating Execs: Pressure Led to High Ratings

WASHINGTON (AP) - Former credit rating industry executives told a Senate panel Friday that competitive pressures and poor internal communications led their analysts to award safe ratings to risky investments.

New Home Sales, Orders for Most Durable Goods Rise

WASHINGTON (AP) - Sales of new homes took the biggest monthly jump in 47 years in March, while orders for large manufactured products rose by the largest amount since the recession started.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 344 19,573
MORTGAGES 110 422 22,914
FORECLOSURE NOTICES 2 8,305 8,305
BUILDING PERMITS 207 838 40,029
BANKRUPTCIES 60 356 13,104
BUSINESS LICENSES 21 194 6,137
UTILITY CONNECTIONS 30 147 12,996
MARRIAGE LICENSES 15 65 4,842

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