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VOL. 125 | NO. 84 | Friday, April 30, 2010

UPDATE: Bass Pro Talks Go To Blackout

Talks continue on a lease to bring Bass Pro Shops to The Pyramid.

Urban Garden

Trolley Stop Market to sell local, organic items

An ambitious new model in green business is set to roll into Memphis’ Edge District in early May.

Lamar Building Gets Push Forward

A building that has been home to a Dixie Mart department store, a Holiday Inn technical support facility and an IRS processing center will have yet another purpose thanks to an out-of-town investment group.

Preserve Auction Adjourned to May 28

Friday’s scheduled auction of the Preserve at Southwind Apartments near Hacks Cross and Tenn. 385 in Southeast Shelby County has been adjourned to May 28 at noon.

Charter Commission Tackles HR System For 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.

Local Weather
Currently
Memphis, TN
86.0°F
Partly Cloudy
Wind: South at 10.4 mph
Humidity: 65%

EVENTS

Baptist Women’s Hospital will offer mammogram screenings Friday from 9 a.m. to 3 p.m. at Dazzle Fashion Jewelry & Accessories, 7730 Poplar Ave. Anyone who signs up for a mammogram will also receive giveaways and complimentary lunch from McAllister’s.

more events »

Hospitals Recognized for Quality Measures

The Memphis Business Group on Health Wednesday recognized area hospitals that have achieved “best odds of survival” for high-risk surgical procedures as measured by the 2009 Leapfrog Hospital Survey.

Bioworks, Innova launch Mid-South Angel Network

Innova Memphis and the Memphis Bioworks Foundation announced Thursday the launch of the Mid-South Angel Network, which will link investors with promising startup companies.

No Yearly Elections for BancorpSouth Board

Shareholders of Tupelo-based BancorpSouth voted down a proposal at the bank’s annual meeting Wednesday that would have required all board members to stand for election annually.

Ritchey, Med Foundation Get Gritty for Hospital

When Memphians and those in the surrounding areas are faced with the trauma of a gunshot wound, life-threatening burn or car crash, chances are good that they’ll end up at The Regional Medical Center at Memphis.

Howard and Bill: Two Halves Make a Whole

In the ‘60s, Howard Robertson was a black postal carrier moonlighting as a waiter at Justine’s, the capital of white money dining housed in an antebellum mansion.

Gibbons Plies Ex-Rivals With Crime Views

All three major contenders for the Republican nomination for Tennessee governor have now made the trip to the Criminal Justice Center to see Bill Gibbons.

Charter Commission Gets Advice From Nashville

At some point during every significant discussion about consolidated government in Memphis, those involved have turned to the east and bowed in the direction of Nashville.

MEMPHIS AREA

Hearing Set on Morgan Keegan Allegations

JACKSON, Miss. (AP) — Morgan Keegan & Co. has been granted an administration hearing on allegations that its brokerage firm of costing investors, including retirees, more than $2 billion through fraudulent and reckless business practices.

STATEWIDE

No Testimony Needed by Anyone Getting a Tag Number

NASHVILLE (AP) — The Tennessee Supreme Court on Thursday said that a bystander outside a crime scene who writes down a license plate number does not have to be present at trial to testify against the accused.

Palin E-Mail Jury Stuck on 1 Charge, Agreed on 3

KNOXVILLE (AP) — A federal jury in the third day of deliberating the Sarah Palin e-mail hacking case told the judge Thursday they are deadlocked on one charge after reaching unanimous decisions on three counts.

STATE LEGISLATURE

Senate Approves Hospital Fee to Avoid TennCare Cut

NASHVILLE (AP) — The Tennessee Senate on Thursday approved a bill to allow state hospitals to pay a fee to avoid $659 million in TennCare cuts.

Senate OKs Bill to Let Companies Require English

NASHVILLE (AP) — Employers could make it a requirement for their workers to be able to speak English under a bill passed by the Tennessee Senate.

REGIONAL

Barbour: Mississippi Tornado Relief Fund Created

JACKSON, Miss. (AP) — Mississippi Gov. Haley Barbour said a nonprofit fund has been established to help people affected by Saturday's tornadoes.

NATIONAL BUSINESS

Medtronic Agrees to Buy ATS Medical

NEW YORK (AP) – Medical device company Medtronic Inc. reported Thursday it has agreed to buy heart device maker ATS Medical Inc. for $350 million in cash, expanding its products for cardiac surgery.

Jobless Claims Fall to Lowest Level in 4 Weeks

WASHINGTON (AP) — The number of Americans filing claims for unemployment benefits dropped for a second consecutive week, further evidence that the job market is slowly improving.

NATIONAL POLITICS

Obama Selects Yellen as No. 2 at Federal Reserve

WASHINGTON (AP) — Putting a bigger stamp on the Federal Reserve, President Barack Obama on Thursday chose Janet Yellen as vice chairwoman of the central bank and filled two other vacancies on the board, which has enormous power over Americans' pocketbooks.

In Financial Regs Debate, Senators Look to Details

WASHINGTON (AP) — Now it's all about the details.

REAL ESTATE

Homebuyers Rush to Take Advantage of Tax Credits

Real estate agents are working seven days a week, builders are staying open late and homebuyers are scrambling to get their offers in as they rush to take advantage of tax credits that expire at midnight Friday.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 77 435 9,569
MORTGAGES 104 511 11,314
FORECLOSURE NOTICES 3 77 1,634
BUILDING PERMITS 196 1,045 20,310
BANKRUPTCIES 44 275 6,437
BUSINESS LICENSES 21 134 3,446
UTILITY CONNECTIONS 33 170 3,983
MARRIAGE LICENSES 30 115 2,179

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