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VOL. 125 | NO. 83 | Thursday, April 29, 2010

UPDATE: Charter Commission Tackles HR of Metro Government

The Metro Charter Commission ventured Thursday into the complex, technical and politically volatile topic of how to hire, fire and keep employees of a consolidated local government on the payroll.

Circumstantial Evidence?

Author promotes alternative Shakespeare theory

Literature and history buffs often have questioned whether William Shakespeare is a true historical figure or simply a pseudonym.

Accredo Revenues Hit $2.7 Billion

The revenues of Accredo Health Group Inc. reached $2.7 billion during the first quarter of this year, setting another record for the Memphis-based company.

Cohen Cosponsors SAFE Banking Act

Too big to fail is too big to manage, according to legislation Memphis congressman Steve Cohen is co-sponsoring.

Lease Agreement Appears Close For Bass Pro

Lease negotiations for The Pyramid are going so well, an e-mail may seal the deal, said Memphis Mayor A C Wharton Jr.

CCC Names Finalists for President Post

A field of more than 80 candidates who applied for the job of Center City Commission president and CEO has been winnowed down to three finalists.

Allen’s Legal Expertise Takes Him Places

Cannon Allen grew up with an idea that he might end up in the legal field, but a broad range of cases in commercial litigation paved the way for far-reaching experiences in entrepreneurship, transportation and logistics, and community building.

Wharton Promises ‘New Model’ in Budget Talks

Once the Memphis City Council completes its budget season, the work continues for the Wharton administration.

Early Voting Draws to Close

Early voting ends Thursday evening at 21 locations across Shelby County.

County Trustee Could Move in on City Tax Collections

A controversial Texas law firm that for years has collected delinquent property taxes for the city of Memphis may soon be out of the picture.

Businesses to Learn Social Media Voice at Approaching Conference

One could argue that the number of followers defines a successful Twitter account and that the number of friends defines a successful Facebook account.

MEMPHIS AREA

Commodities Trader Faces Wire Fraud, Other Charges

CHICAGO (AP) — Federal prosecutors say a commodities trader ran up more than $141 million in losses through the Chicago Board of Trade through unauthorized buying and selling of wheat futures.

STATE LEGISLATURE

Sponsor of 'Health Freedom Act' Disputes AG Cost

NASHVILLE (AP) — The sponsor of a proposal to allow Tennesseans to opt out of a new federal health care law said Wednesday that there shouldn't be a cost for legal action by the state's attorney general.

DUI Ignition Lock Device Bill Advances in House

NASHVILLE (AP) — A proposal that would require offenders charged with drunken driving to have ignition locking devices installed in their vehicles if they have a blood alcohol level of 0.15 is advancing in the House.

House Panel Delays Traffic Camera Proposal

NASHVILLE (AP) — A proposal to place greater restrictions on the use of traffic cameras in Tennessee has been placed among bills to be considered once the state spending plan is set.

'Super Speeders' Bill Delayed by House Panel

NASHVILLE (AP) — Legislation to impose an extra fine on motorists who drive at least 15 mph over the Tennessee speed limit has been placed among other bills that will be considered when the state's spending plan is set.

REGIONAL

Second Ban on Abortion Funding Goes to Miss. Governor

JACKSON, Miss. (AP) — Mississippi lawmakers on Wednesday sent Gov. Haley Barbour a bill to ban public funding for most abortions, a move that critics said is unnecessary because it repeats what's been in state law the past eight years.

Report: Miss. Students Delinquent on Private Loans

JACKSON, Miss. (AP) — Mississippi had the second highest private student loan delinquency rate in the fourth quarter of 2009, but also showed the most improvement.

NATIONAL BUSINESS

Deficit Fix Painful, Inaction’s Worse

WASHINGTON (AP) – The costs of solving the federal deficit problem are more than many people want to pay – higher taxes on a wide swath of Americans and cuts in benefit programs that reach into millions of homes.

Fed Keep Rates at Record Lows; Upbeat on Economy

WASHINGTON (AP) — The Federal Reserve sounded a more confident note Wednesday that the economy is strengthening but pledged to hold rates at record lows to make sure it gains traction.

GOP Poised to Abandon Stall of Banking Bill

WASHINGTON (AP) — Senate Republicans are prepared to end their stalling tactics on new banking regulations and will attempt to change the bill on the Senate floor, Republican officials said.

Rosy Earnings Show Corporate America is Back

CHICAGO (AP) — Corporate America is back.

Unemployment Falls in Majority of US Cities

WASHINGTON (AP) — Unemployment rates fell or remained level in three-quarters of the 372 largest metropolitan areas, a sign that the economic recovery is widespread.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 105 105 9,674
MORTGAGES 82 82 11,396
FORECLOSURE NOTICES 17 17 1,651
BUILDING PERMITS 134 134 20,444
BANKRUPTCIES 58 58 6,495
BUSINESS LICENSES 27 27 3,473
UTILITY CONNECTIONS 48 48 4,031
MARRIAGE LICENSES 32 32 2,211

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