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VOL. 123 | NO. 86 | Thursday, May 1, 2008

Ex-Weapons Inspector To Speak Tonight at CBU

One of the first items to enter the news cycle this week was the U.S. military involvement in Iraq and the possibility of conflict with Iran.

Middle Eastern Visitors Get Look At Memphis Law System

Saud y Al Sanea has seen temptation in the form of an iPod. It's not the iPod itself. The temptation is the card needed to upload music from iTunes to fill the iPod.

Dunlap Inducted as Fellow In American College of Trial Lawyers

William W. Dunlap Jr., a member at Harris Shelton Hanover Walsh PLLC, recently was inducted into the American College of Trial Lawyers as a Fellow.

Strip Clubs Get Beer Ban Reprieve

Memphis strip clubs received a reprieve this week from a beer ban the club owners claim will drive them out of business if it ever takes effect.

District Judge Todd Takes Senior Status

His replacement confirmed by the U.S. Senate last month, U.S. District Judge James D. Todd of Jackson, Tenn., announced this week that he is taking senior status effective May 20.

Local Weather
Currently
Memphis, TN
38.0°F
Fair
Wind: Calm mph
Humidity: 70%

EVENTS

The University of Memphis will host international financial expert Lynn Turner today at 7:30 a.m. at the Holiday Inn-University of Memphis, 3700 Central Ave. Turner's talk, "What Makes Markets Work or Not Work," is part of the Fogelman College of Business & Economics' 2008 Distinguished Speaker Series. Admission to the breakfast is $25 and can be paid at the door. For more information or to make a reservation, e-mail Tarranda Silas at tsilas@memphis.edu.

more events »

Open Records Bill Advances In State House

NASHVILLE (AP) - All public records requests would have to be responded to in seven business days under changes made to an open records bill advancing in the House.

Holder To Be New Chief Justice

Tennessee Supreme Court Chief Justice William Barker announced his retirement Tuesday from the high court, but the justices have already agreed on Justice Janice Holder of Memphis to be the new chief justice once Barker retires Sept. 1.

Bredesen: Budget Cuts Will Include State Worker Layoffs

NASHVILLE (AP) - Gov. Phil Bredesen said Wednesday the state budget situation will require an unspecified number of layoffs.

Fed Cuts Key Rate by a Quarter-Point

WASHINGTON (AP) - The Federal Reserve cut a key interest rate by a quarter-point Wednesday, a smaller move than the aggressive easing it undertook earlier this year. There were signs the Fed may believe it has done enough to prevent a deep recession.

Bill to Extend Sunset Provision on Charter Schools Advances

NASHVILLE (AP) - A proposal to extend the sunset provision for the creation of new public charter schools is advancing in the House.

Retirement Clears Way for State's First Female Chief Justice

NASHVILLE (AP) - Tennessee Chief Justice William M. Barker's retirement clears the way for Justice Janice M. Holder of Memphis to become the state's first female chief justice.

Economy Grows by Only 0.6 Percent in Q1

WASHINGTON (AP) - The bruised economy limped through the first quarter, growing at just a 0.6 percent pace as housing and credit problems forced people and businesses alike to hunker down.

FDIC Housing Plan Aims to Help 1M Borrowers

WASHINGTON (AP) - The government would give emergency loans to around 1 million troubled borrowers under a new housing-assistance plan developed by a federal bank regulator.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 61 331 19,904
MORTGAGES 80 391 23,305
FORECLOSURE NOTICES 0 83 8,387
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 35 231 13,335
BUSINESS LICENSES 28 76 6,213
UTILITY CONNECTIONS 0 125 13,120
MARRIAGE LICENSES 21 94 4,936

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