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VOL. 125 | NO. 67 | Wednesday, April 7, 2010

Applicants Submit Resumes to Lead CCC

A search for successors to departing Center City Commission president Jeff Sanford has generated significant local interest.

Multi-State Proceeding Filed Against Morgan Keegan

The U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority and several state agencies have filed actions against Memphis-based Morgan Keegan & Co. Inc. accusing the firm of fraud and misleading investors.

Starts With Food

Farmer’s market at heart of resurgent Hickory Hill

The arrival of Winchester Farmer’s Market at 6616 Winchester Road a number of years ago all but removed the memory of Seessel’s, the grocery stalwart that once occupied the space.

Wells Fargo Discriminatory Lending Case Amended

Memphis and Shelby County have amended their case against Wells Fargo for “unfair and unscrupulous” mortgage lending practices here in hopes of bolstering their claim the bank is guilty of “reverse redlining.”

Downtown Corner Ripe for Business

For at least a year, empty storefronts ripe for redevelopment have greeted passersby at a key Downtown intersection.

Local Weather
Currently
Memphis, TN
78.0°F
Partly Cloudy
Wind: South at 9.2 mph
Humidity: 79%

EVENTS

Talk Shoppe will present “New EPA Lead Paint Renovation Rule For Real Estate” today from 9 a.m. to 10 a.m. at the Better Business Bureau of the Mid-South, 3693 Tyndale Drive. For more information, call 482-0354.

more events »

Companies Share Space, Expertise

Bringmor Group LLC, an administrative management recruiting firm, and Eagle Medical Staffing, a temporary nursing agency, are now operating under the same roof..

Odyssey Sees Market In Dry-Eye Devices

Odyssey Medical may not be as big as Medtronic Inc. or Smith & Nephew, but it ships its products all over the world just like the bigger players in the Memphis medical device industry.

Institute of Classical Architecture Elects McClure to Chapter Board of Directors

Mark McClure has been elected to the board of directors of the Tennessee Chapter of the Institute of Classical Architecture & Classical America. He will serve a three-year term.

The Best Gift for Kids is Financial Planning

Ray’s take:

McWherter Fights to Get Ahead of Rivals

The last major candidate standing in the Democratic primary for Tennessee governor vowed this week to put Tennesseans back to work with targeted tax breaks and job training programs.

STATEWIDE

AG Questions Constitutionality of 'Health Freedom'

NASHVILLE, Tenn. (AP) - State Attorney General Bob Cooper is questioning the constitutionality of a bill to allow Tennesseans to opt out of the new federal health care law.

Haslam Gets $1.3M In First Quarter Wamp Nets $500K

NASHVILLE (AP) – Gubernatorial candidate Bill Haslam announced Monday that he raised $1.3 million in the first quarter, while fellow Republican Zach Wamp said he brought in more than $500,000 in contributions.

STATE LEGISLATURE

Bill to Give Tenn. Divorcees Equal Custody Dies

NASHVILLE, Tenn. (AP) - A proposal to grant equal custody to divorced parents in Tennessee is likely dead this session after the sponsor withdrew it from a House panel on Tuesday.

Tenn. House Delays Armed Robbery Sentencing Bill

NASHVILLE, Tenn. (AP) - A proposal to boost Tennessee sentencing requirements for armed robberies was delayed in the state House on Monday over an attempt to remove a related measure to reduce prison time for certain nonviolent crimes.

Tenn. Bill Would Expand Certificates for Stillborn

NASHVILLE, Tenn. (AP) - The Tennessee House has voted unanimously to approve a bill to expand the availability of certificates for stillborn children and sent the measure for the governor's consideration.

NATIONAL BUSINESS

Summary Box: Fed's 'Extended Period' Not Fixed

FED PLEDGE: The minutes of the central bank's March 16 deliberations show that Fed officials did not see their pledge to keep interest rates low for an "extended period" as a commitment for a specific period.

NATIONAL POLITICS

FCC Loses Key Ruling on Internet 'Neutrality'

WASHINGTON (AP) - A federal court threw the future of Internet regulations and U.S. broadband expansion plans into doubt Tuesday with a far-reaching decision that went against the U.S. Federal Communications Commission.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 92 158 13,600
MORTGAGES 89 165 15,731
FORECLOSURE NOTICES 10 21 2,160
BUILDING PERMITS 250 250 28,008
BANKRUPTCIES 54 121 8,771
BUSINESS LICENSES 33 54 4,619
UTILITY CONNECTIONS 28 60 5,453
MARRIAGE LICENSES 20 48 2,942

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