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VOL. 125 | NO. 90 | Monday, May 10, 2010

Cohen Joins Fight Against Mega-Banks

Limit risk-taking.

Looking for Lift

Chicago firm chosen to complete airport area study

The Memphis Airport Area Development Corp., a nonprofit corporation dedicated to improving corridors and neighborhoods around the airport, has taken an important step toward fulfilling its mission.

Memphis Daily News Scores TAPME Awards

The Daily News Online was named the best website among Division 4 newspapers in the annual TAPME (Tennessee Associated Press Managing Editors) awards Saturday evening in Nashville.

Commission to Consider Alarm Regs

Shelby County Commissioners take their final votes on two ordinances Monday that would change the way home and business alarms are regulated and the rules of the road for bicycling.

Lyons Ridge Apartments Latest in Affordable Housing Push

A 102-unit apartment complex in South Memphis is about to go up beside Carver High School.

Local Weather
Currently
Memphis, TN
78.0°F
A Few Clouds
Wind: South at 3.5 mph
Humidity: 76%

EVENTS

The Methodist South Hospital Stroke Support Group will meet Monday at 6:30 p.m. in Suite 124 at Methodist South Hospital, 1300 Wesley Drive. Light refreshments will be served. For more information or to register, contact Heather Andresen at 516-3726 or visit www.methodisthealth.org.

more events »

Precision Healthcare Makes Entrée Into Memphis Market

At the start of 2010 the economy was weak and the health care industry was preparing for major reform, but a hidden niche in medical services opened up a vein of opportunity for an expanding business.

The Price of Admission

It is well known that business failure statistics are sobering – some 70 percent of small businesses do not last longer than seven years. Why?

Gubernatorial Hopefuls Point to Memphis to Boost Campaigns

No one from Memphis is among the four major contenders for Tennessee governor.

Memphians Celebrate City’s Good News Website

Memphians who launched a website extolling the joys of living here because they were tired of their city being bad-mouthed will celebrate on Tuesday the one-year anniversary of MemphisConnect.com.

THE MEMPHIS NEWS

Memphis in May

In 1977, Lyman Aldrich had job creation in mind when he invited Japanese businessmen to serve on the board of Memphis in May.

Tradition is Great, But MIM Needs Newer Approach

It may be time to rethink the Memphis in May International Festival.

Congressman Addresses Need for Food Labeling

Edolphus “Ed” Towns has been the congressman from New York’s 10th District for 28 years. He came to Memphis in late April as the keynote speaker for the local Democratic Party’s annual Kennedy Day Dinner.

Levitt Shell Preps for Spring Season, Big Star Tribute

The Levitt Shell in Overton Park took Memphis by storm in its inaugural season by offering free music on themed-genre nights. This season, the schedule is being thrown out the window.

Military Efficiency, Order Rule Kitchens

While you’re enjoying your fine dinner in a comfortable restaurant dining room, there’s a lot going on back in the kitchen.

Austria Presents Grooner Alternative

Education Alert! The grape is grüner veltliner, and it’s pronounced “GROOner veltLEENer.” Let’s forgo any puns about “feelin’ GrooVee” or “It’s a Grooner,” and yes, one producer in Austria, where the vines cover about 43,000 acres, is labeling a wine “Grooner” for the American market.

MEMPHIS AREA

Book Tells Story of 'Hellhound' on MLK's Trail

MEMPHIS (AP) — Author Hampton Sides wasn't sure about the guy who said he had an interesting archive all about the assassination of Martin Luther King Jr.

Main Railroad Line Out Between Memphis, Nashville

NASHVILLE (AP) — The main railroad line between Nashville and Memphis is out after two bridges washed away in weekend flooding.

STATEWIDE

Hospital Operator HCA Inc. Files for $4.6B IPO

INDIANAPOLIS (AP) — Hospital chain HCA Inc. plans to raise $4.6 billion in its third initial public offering of common stock, more than three years after it was taken private in a leveraged buyout by a group of private equity investors.

REGIONAL

Lawsuit: Miss. Prisoners' Appeals are Inadequate

JACKSON, Miss. (AP) — An attorney for 16 Mississippi death row inmates filed a lawsuit Thursday claiming a state office failed in its duty to provide adequate legal representation for prisoners' post-conviction appeals.

Ark. State University President Announces Resignation

LITTLE ROCK, Ark. (AP) — Arkansas State University System President Les Wyatt has turned down an offer of a contract extension and will resign effective June 30.

NATIONAL BUSINESS

Largest Hiring Burst in Years, But Jobless Rate Up

WASHINGTON (AP) — The economy got what it needed in April: A burst of hiring that added a net 290,000 jobs, the biggest monthly total in four years.

Consumer Borrowing Posts Unexpected Rise in March

WASHINGTON (AP) — Consumer borrowing posted an unexpected increase in March, only the second gain in the last 14 months. It could be a sign that households are feeling more confident about boosting spending, a key development needed to support a sustained economic recovery.

Obama Sends Congress Small Business Lending Bill

WASHINGTON (AP) — The Obama administration has sent Congress a proposal to create a $30 billion support program to unfreeze credit for the nation's small businesses.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 119 482 10,051
MORTGAGES 119 497 11,811
FORECLOSURE NOTICES 29 82 1,716
BUILDING PERMITS 268 1,056 21,366
BANKRUPTCIES 50 263 6,700
BUSINESS LICENSES 28 151 3,584
UTILITY CONNECTIONS 33 172 4,155
MARRIAGE LICENSES 20 111 2,290

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