» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation Links
VOL. 125 | NO. 94 | Friday, May 14, 2010

Memphis Attorney Paul Morris Tapped as new CCC Prez

The Center City Commission Board of Directors chose Memphis attorney Paul Morris to be the Downtown agency's new president and CEO Friday morning.

‘Change is Inevitable’

Expo encourages job seekers to adapt – even when discouraged

“They aren’t making buggy whips anymore.”

Cooper-Young’s Lux Closes Shop

Lux, a Cooper-Young clothing store known for its edgy styles, will close by July 1.

Metro Charter Commission Adopts Ethics Rules

The Metro Charter Commission has approved a set of ethics rules for a new consolidated government that include an independent ethics commission with the power to impose civil penalties.

Endowment Emphasizes Sustainability

The Fogelman name is synonymous with Memphis business and real estate.

Local Weather
Currently
Memphis, TN
50.0°F
Fair
Wind: Southwest at 9.2 mph
Humidity: 43%

EVENTS

The Center City Commission Executive Search Committee will meet Friday at 7:45 a.m. to vote on a recommendation for a new chief executive officer and president of the Center City Commission. The recommendation will be brought to the CCC board of directors at 9 a.m. Both meetings will be held at 114 N. Main St.

more events »

Funding Questions Haunt Beale Street Landing Project

The president of the Riverfront Development Corp. said earlier this week the organization may have been too aggressive in pursuing the Beale Street Landing project, even when federal stimulus funding dried up.

Service, Care at Heart of Work For Rotter

Cary Rotter’s goal is simple: to provide elderly clients and their families with the best possible in-home care.

Committees Not Needed For Creativity

Creativity goes to committee meetings to die.

Two Men Indicted for Swindling IP Out of More Than $700K

A former employee of International Paper Corp. and another man have been indicted by a Memphis federal grand jury on charges they swindled the Memphis headquarters out of $737,615.

Panel to Discuss Employer Immigration Law Compliance

A three-part program addressing employers’ compliance to immigration laws will be held at the Memphis Brooks Museum of Art on Thursday from 2 p.m. to 4:30 p.m.

Governor Candidates Place Focus on Economic Development

Contenders for Tennessee governor differ on plans for the state’s next wave of economic development.

STATEWIDE

TVA Records Refusal Prompts Rebuke

KNOXVILLE (AP) — The Tennessee Valley Authority is balking at releasing the salaries of top administrators, although the utility has divulged that information in the past.

River Gauges Damaged by Heavy Flooding in Tenn.

NASHVILLE (AP) — During severe flooding in Tennessee this May, several river gauges the National Weather Service uses to judge where flooding will occur were knocked out or unusable.

Vermont Inmates on Lockdown in Tenn. Prison

MASON, Tenn. (AP) — Correctional officials say 35 inmates from Vermont being held in a West Tennessee prison are on lockdown after refusing to get into their cells and damaging property.

STATE LEGISLATURE

Tenn. House Speaker Collapses at Session

NASHVILLE (AP) — Tennessee House Speaker Kent Williams said his collapse during the session on Thursday was a result of low blood sugar.

REGIONAL

Regions Financial Names GlobalTech CEO to Board

BIRMINGHAM, Ala. (AP) — Regions Financial Corp. said Thursday that Carolyn Byrd has been elected to its board of directors.

Miss. Consumers Have Lowest Credit Card Debt

JACKSON, Miss. (AP) — Despite the recession, Mississippians have managed to keep their credit card debt in check — at least compared to the rest of the nation.

Gulf Coast to Start Tourism Campaign

BILOXI, Miss. (AP) — Tourism officials on the Mississippi Gulf Coast will be asking BP PLC to pay $7.5 million a month for a national advertising campaign to overcome coverage of the Deepwater Horizon oil spill.

NATIONAL BUSINESS

Consumer Spending Down in April

NEW YORK (AP) – Americans pulled back from the malls in April, spending less in retail outlets than they did in March, figures released Thursday show.

New Claims for Unemployment Insurance Inch Down

WASHINGTON (AP) — New claims for unemployment benefits dipped for the fourth straight week, a sign the job market is improving at a slow but steady pace.

AP Source: NY AG Probing 8 Banks Over Securities

NEW YORK (AP) — New York's attorney general has launched an investigation into eight banks to determine whether they misled ratings agencies about mortgage securities, according to a person familiar with the inquiry.

CEO Sees Ford Continuing to Improve Into 2011

WILMINGTON, Del. (AP) — Ford's chief executive told shareholders that the second-largest U.S. automaker will see "continuing improvement" into 2011 but wouldn't say when the company might reinstate a dividend.

Kohl's Q1 Net Income Rises on Higher Revenue

NEW YORK (AP) — Department store operator Kohl's Corp.'s first-quarter net income rose 45 percent as shoppers spent more at its stores, particularly for shoes and home goods. But the company's CEO said that consumers' buying remains below what it was before the Great Recession.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 46 229 20,995
MORTGAGES 74 248 24,609
FORECLOSURE NOTICES 0 27 8,637
BUILDING PERMITS 478 837 43,174
BANKRUPTCIES 61 177 14,079
BUSINESS LICENSES 12 58 6,459
UTILITY CONNECTIONS 29 114 13,625
MARRIAGE LICENSES 20 67 5,136

Weekly Edition

Issues | About

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