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VOL. 125 | NO. 92 | Wednesday, May 12, 2010

Cohen Bill Elevates Aerotropolis Concept

U.S. Rep Steve Cohen hopes his colleagues on Capitol Hill will soon become as familiar with the term “aerotropolis” as the constituents he represents in Tennessee’s 9th District.

Connecting to the City

Downtown’s ‘hidden gem’ hopes for improved access

Memphis will spend up to $1.9 million to stabilize a riverbank so a historic site, living museum and one of the city’s best spots for catching summer breezes can be protected.

Fairgrounds Plan Has New Details

Skatepark Money Survives - Beale Street Landing Takes Hit

Memphis City Council members took up a trio of high profile CIP (Capital Improvement Projects) Tuesday as they prepared for the start of the new fiscal year on July 1.

Federal, State Tax Liens Up In County

Interim Shelby County mayor Joe Ford, now the Democratic nominee for mayor in the fall general election, garnered attention last year for his personal financial woes.

Foreclosure Moratorium Could Ease Flood Relief Efforts

Before the floodwaters of May 1 rose in Shelby County, some homes in the Memphis area were already underwater.

Local Weather
Currently
Memphis, TN
75.0°F
Mostly Cloudy
Wind: Southeast at 5.8 mph
Humidity: 48%

EVENTS

The Collierville Chamber of Commerce will hold a general membership meeting Wednesday from 11:30 a.m. to 1 p.m. at the Ridgeway Country Club, 9800 Poplar Ave. Buffet lunch is $20. For reservations, call 853-1949 or www.colliervillechamber.com.

more events »

Charter Body Hashes out Tax Responsibilities

Metro Charter Commissioners are setting the stage for the most eagerly anticipated part of their work – the details of who pays for what services in a consolidated government.

Website Lets Customers, Employers Show Gratitude

The Kindness Revolution, a Memphis-based nonprofit initiative committed to raising awareness about the importance of kindness in customer service, has launched a new online forum for customers to say “thanks” for service with a smile.

ThanksforKindness.com invites visitors to submit stories about positive exchanges with businesses and organizations.

U of M School of Music Appoints Rushing Director

Dr. Randal Rushing, professor of voice and soloist of the concert and opera stage, has been appointed director for the Rudi E. Scheidt School of Music at the University of Memphis. Rushing has been a faculty member at the school for 20 years.

Plan the Funeral You’re Dying to Have

Ray’s Take:

STATEWIDE

Candidates Say Tenn. Floods Require Fed Relief

NASHVILLE (AP) — Resisting the federal government reach into state affairs has been a common theme of the Tennessee governor’s race. But not when it comes to flood relief.

Coast Guard Lifts Boating Ban, Flood Recedes

PADUCAH, Ky. (AP) — The U.S. Coast Guard has lifted a ban on recreational boating on sections of the Tennessee River and the Cumberland River.

STATE LEGISLATURE

State Appropriating Money for Tenn. Flood Victims

NASHVILLE (AP) — Gov. Phil Bredesen will find money to help Tennessee flood victims by using the state's cash reserves if necessary, the state's top fiscal officer said Tuesday.

REGIONAL

Retired Miss. Chief Justice Dan Lee Dies at 84

JACKSON, Miss. (AP) — Retired Mississippi Supreme Court Chief Justice Dan Lee has died after a lengthy illness.

Ark. Lottery Commission Chairman to Resign

LITTLE ROCK, Ark. (AP) — Arkansas Lottery Commission chairman Ray Thornton says his job in getting the lottery started is complete and he will resign.

NATIONAL BUSINESS

Wholesale Inventories and Sales Rise in March

WASHINGTON (AP) — Inventories held by wholesalers rose for a third consecutive month in March while sales increased by more than double the expected amount. Rising demand is making businesses more confident about the future, a key development needed to sustain the recovery.

Hiring Jumps, While Job Openings Edge up Slightly

WASHINGTON (AP) — New hiring rose in March to its highest level in more than a year while job openings moved up slightly, signs the job market is slowly improving.

Airlines Improve On-Time Performance in March

DALLAS (AP) — U.S. airlines are doing a better job of staying on schedule, according to the government.

FDIC Proposes New Rules on Asset-Backed Securities

WASHINGTON (AP) — Federal banking regulators on Tuesday proposed stricter rules for banks that create asset-backed securities, the bundles of loans that helped spark the market collapse in 2008 and the near-meltdown of the financial system.

Kanjorski Says Reforms Needed After Plunge

WASHINGTON (AP) — A key House lawmaker said reforms are needed to restore investor confidence and prevent the stock market from plummeting as it did last week.

HEALTH CARE

Health Overhaul Law Potentially Costs $115B More

WASHINGTON (AP) — President Barack Obama's new health care law could potentially add at least $115 billion more to government health care spending over the next 10 years, congressional budget referees said Tuesday.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 31 327 17,870
MORTGAGES 49 409 20,835
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 129 800 36,616
BANKRUPTCIES 51 243 11,925
BUSINESS LICENSES 21 117 5,677
UTILITY CONNECTIONS 0 175 12,208
MARRIAGE LICENSES 29 121 4,478

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