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VOL. 123 | NO. 97 | Friday, May 16, 2008

In the Tank

Realtors cut corners on mileage to stem fuel costs

As gas prices soared to another record high earlier this week, Lorraine Williams plotted ways to minimize her drive time and save some money.

City Hearing to Gauge Satisfaction Among Contractors, Vendors

Restaurants have comment cards. Newspapers have letters to the editor.

Cooper’s Foibles on Display During Ford Trial

Once the jury in the federal corruption trial of former Memphis City Council member Edmund Ford Sr. finished watching the recordings that are the centerpiece of the case this week, they got to know a lot more about the government informant behind the camera.

County Term Limits Compromise Reached

Coming soon to the Aug. 7 ballot: a compromise on term limits from the local elected body that has been warring for months on how long is too long in political service.

DOT Says Freight Activity Fell in March

WASHINGTON (AP) – Freight activity fell in March while a passenger index rose, according to government data.

Local Weather
Currently
Memphis, TN
67.0°F
Fair
Wind: from the West at 16.1 gusting to 21.9 mph
Humidity: 44%

EVENTS

Askew Hargraves Harcourt & Associates (A2H) will host the opening reception for two exhibits by glasswork artist Teresa White and painter John Graubman today from 5 p.m. to 8 p.m. at A2H, 3009 Davies Plantation Road. To R.S.V.P., contact Nicole at 372-0404 or nicolew@a2h.com.

more events »

Notification Requirement Dropped From Open Records Bill

NASHVILLE (AP) – House lawmakers have scrapped a proposal requiring public officials to be notified whenever they’re the target of an open records request.

Brian D. Philips Named FedEx Kinko's CEO

MEMPHIS (AP) - FedEx Corp. has named Brian D. Philips president and chief executive of FedEx Kinko's, the parent shipping company's office and print services division.

Verso Paper Cuts Number, Price of Shares in IPO

NEW YORK (AP) - Coated paper company Verso Paper Corp. on Wednesday pruned the number and expected price of shares to be offered in its pending initial public offering.

New Law Exempts Churches From 'No Smoking' Sign Rules

NASHVILLE (AP) - Churches in Tennessee will no longer have to post "No Smoking" signs at their entrances.

Johnson Introduced to Community In New Role at Ballet Memphis

Roger N. Johnson didn’t have Memphis on his radar as a place to move and settle down, and therefore probably never thought he’d end up working at Ballet Memphis as director of development.

Governor Signs Bill Curtailing Mandatory Carding for Beer

NASHVILLE (AP) - Tennessee's universal carding law for beer purchases lasted less than a year.

Bill to Allow Academic Study of the Bible Heads to Governor

NASHVILLE (AP) - A proposal that would allow the state Department of Education to develop a curriculum for the academic study of the Bible in public schools is on its way to the governor's desk.

Tenn. Could Cut More State Jobs if Tax Bill Fails

NASHVILLE (AP) - If lawmakers and the governor can't agree on a proposal to end a family business tax break, the legislature could replace projected savings from it by cutting more jobs.

Bernanke: Banks Need to Bolster Risk Management

WASHINGTON (AP) - Commercial banks and other financial institutions need to beef up their ability to detect and protect themselves against risks like the credit and mortgage debacles, Federal Reserve Chairman Ben Bernanke said Thursday.

Industrial Output Plunges, Second Big Drop in 2 Months

WASHINGTON (AP) - The nation's industrial output plunged in April, reflecting big cutbacks in autos and other manufacturing industries.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 128 128 17,998
MORTGAGES 155 155 20,990
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 149 149 36,765
BANKRUPTCIES 60 60 11,985
BUSINESS LICENSES 19 19 5,696
UTILITY CONNECTIONS 49 49 12,297
MARRIAGE LICENSES 40 40 4,518

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