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VOL. 126 | NO. 85 | Monday, May 2, 2011

Tenn. Bill Would Reduce Foreclosure Notices

The judiciary committees in the House and Senate of the Tennessee General Assembly are scheduled to vote on companion bills Tuesday that would give homeowners less advance warning before their homes are foreclosed.

Business Diversification

Architecture, engineering firms find new ways to serve clients

The engineering and architectural firms that have weathered the storm over the last four years all seem to have one common thread – diversification.

Opinion: Foreclosure Bill Unjust To Homeowners, Community

As an attorney that has spent a great deal of my time over the last decade assisting consumers with mortgage lending and foreclosure problems, I cannot think of a worse idea for the Tennessee General Assembly to consider than further streamlining the foreclosure process in Tennessee. This is precisely what is currently contemplated in the bills that will be considered by the Judiciary Committees in the coming week.

Booker T. Washington High in the Running for Prez Visit

Booker T. Washington High School is one step closer to a visit from President Barack Obama.

Fayette Norfolk Southern Work Begins

Tennessee state Sen. Delores Gresham compared it to Friday’s royal wedding. “This beats any royal wedding,” the Fayette County legislator said from beneath a white tent on a leveled dirt field where the Memphis Regional Intermodal Facility in Rossville is being built.

Local Weather
Currently
Memphis, TN
89.0°F
Mostly Cloudy
Wind: Southwest at 9.2 mph
Humidity: 61%

EVENTS

St. George’s Independent School will host the second session in its early-learning speakers series titled “The Amazing Adventure: Making the Most of the Parenting Experience” Monday at 6:30 p.m. at St. George’s Germantown campus, 8250 Poplar Ave. The session will feature St. George’s Director of Early Childhood Dr. Stewart Burgess and Dr. William Fesmire, board-certified pediatrician. The series is free and open to the public for parents and educators. For more information, call 261-2390 or visit www.sgis.org.

more events »

Mays to Begin Judicial Mediation Tuesday in Schools Lawsuit

All sides in the schools consolidation lawsuit are back before federal court Judge Hardy Mays Tuesday morning.

Barbecue Decision Next for MIM; Cordova Shelter Goes to Capacity

The Beale Street Music Festival came to a close Sunday evening before the rains resumed. Now organizers of the month-long festival have a decision to make about whether to go forward with the barbecue-cooking contest that opens to the public May 12, two days after the river at Memphis is forecast to crest at 45 feet.

Memphis Engineers Make Green Progress

Environmentally speaking, Memphis engineers are making progress. Two years ago, Davis Patrikios Criswell Inc., a Memphis-based engineering firm, was in charge of the construction of the TERRA House, a structure that was built through the cooperative efforts of the University of Memphis and the United States Department of Architecture.

AIA Memphis Prez: Architecture Job Outlook ‘More Positive’

Architect Brett Ragsdale has plenty of trophies in his portfolio, but at the moment has his sights set on designing the future of his slowly recovering industry.

MBGH Hands Out Health Honors

The Memphis Business Group on Health Thursday awarded two insurance companies and five regional hospitals for their progress toward improving the quality of health care in the region during 2010.

Panel: Globalization Will Shape Economic Future

Dexter Muller, senior vice president of community development with the Greater Memphis Chamber, has a tongue-in-cheek quip at the ready to describe the manufacturing plant of the future.

Commission to Discuss Retirement Plans, Bridge Repairs

Shelby County commissioners again take up the idea of changing the retirement benefits of future county employees after several delays in voting on a proposed plan D retirement fund.

Malco Loses Franchise Tax Court Battle

Malco Theaters Inc. lost an important court battle over state franchise taxes last week at the state appeals court level.

Flood Experts Watch Wolf and Loosahatchie Warily

Gov. Bill Haslam met with U.S. Army Corps of Engineers officials Friday morning during one of several stops in Memphis.

Clark/Dixon Duo Makes Name Through Design, Dedication

Dianne Dixon and Larry Clark are the yin and yang of Memphis architecture, able to feed off each other’s creative specialties. The duo established their full-service architectural firm, Clark/Dixon Architects, in 1987, and over the years, the company has received recognition on the local and national level.

A Dog Is Entrepreneur’s Best Mentor

Is it possible most things we need to learn about business success we can learn from a dog? Not everyone owns a dog but many do. I get it. I have owned a lot of dogs. They can be brilliant business instructors.

It’s Not the Peanut Butter

Last week, we highlighted Girl Scouts Heart of the South, which is building girls of courage, confidence and character who make the world a better place. This week, we turn the spotlight on an organization that is working with youth from in and around the juvenile justice system and equipping them with the skills and support necessary to break the destructive cycle of criminal behavior: Juvenile Intervention & Faith-Based Follow-Up (JIFF).

GOVERNMENT AGENDA

Shelby County Commission Agenda

The Shelby County Commission will meet today at 1:30 p.m. in the Shelby County Administration Building, 160 N. Main St. Click on the meeting icon for a full agenda.

STATE LEGISLATURE

Bill to Help Fight Meth Production Passes Tenn. Senate

NASHVILLE (AP) – A proposal that seeks to curtail the production of methamphetamine in Tennessee through the use of an electronic tracking system is advancing in the Tennessee Legislature.

NATIONAL BUSINESS

Study: Americans Spend More on Arts Than Movies

WASHINGTON (AP) – The National Endowment for the Arts has released a new study showing that although more Americans regularly go to the movies, they spend more money on the performing arts in terms of ticket revenue.

United, Continental Pushing Fares Up Again

DALLAS (AP) – United and Continental are raising airfares on many U.S. routes by up to $20 per round trip ticket. It's the latest effort to cover spiraling fuel costs across the airline industry.

NATIONAL POLITICS

Geithner Gives Some Companies Pass on New Rules

WASHINGTON (AP) – Treasury Secretary Timothy Geithner has decided to let companies continue to trade certain contracts used to guard against swings in currency values outside regulators' view.

Bernanke Calls for More Lending to Troubled Areas

WASHINGTON (AP) – Federal Reserve Chairman Ben Bernanke on Friday called for more lending to people and small businesses in lower-income neighborhoods, saying they've been disproportionately hurt by the recession.

GE Chief has Resigned From New York Fed Board

WASHINGTON (AP) – Jeffrey Immelt, the chief executive officer for General Electric Co., has resigned from the board of the Federal Reserve Bank of New York, citing increased demands on his time.

US Consumer Spending, Incomes Both Rise in March

WASHINGTON (AP) – Americans earned and spent more in March, but much of the extra money went to pay for gas.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 83 223 16,103
MORTGAGES 62 207 18,599
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 323 32,794
BANKRUPTCIES 66 187 10,687
BUSINESS LICENSES 28 86 5,172
UTILITY CONNECTIONS 37 127 11,344
MARRIAGE LICENSES 15 75 3,848

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