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VOL. 125 | NO. 88 | Thursday, May 6, 2010

Matthews Sues After Radio Ouster

Thaddeus Matthews’ departure Friday as host of a 4 p.m. to 7 p.m. talk show at KWAM-AM 990 came with something frequently associated with the hot-button radio personality: fireworks.

Christie Medical Debuts New VeinViewer

Christie Medical Holdings Inc. has updated the vascular imaging device it acquired from Luminetx Corp. with the VeinViewer Vision, a more compact model that has a broader range of options.

General Assembly Passes Hospital Funding Fee

The Tennessee General Assembly has passed legislation to allow a one-time coverage fee that hospitals would pay on a per patient basis to offset losses in federal funding because of state budget cutbacks.

Pension Fund Continues Rebound

The value of Shelby County’s pension fund hit an 18-month high in March.

Port of Memphis Unaffected By Oil Spill – for Now

Like many people in the country, Don McCrory is keeping a close eye on the Gulf of Mexico.

Local Weather
Currently
Memphis, TN
55.0°F
Mostly Cloudy
Wind: South at 9.2 mph
Humidity: 47%

EVENTS

Mothers of the NILE will hold a Mother’s Day banquet Thursday at 5:30 p.m. at First Baptist Church Broad Avenue, 2935 Broad Ave. Dr. Kriner Cash will be the featured speaker. The dinner is open to the public. For reservations, call Veronica Coleman-Davis at 592-5817 or Myra Stiles at 272-3819.

more events »

Service at Heart of Practice For Morris

Ordinarily, Martin, Tate, Morrow & Marston PC attorney Paul Morris would have stepped down in 2010 as president of Memphis Area Legal Services Inc., but he felt compelled to stay for MALS’ 40th anniversary – and the opportunity it presents to promote the cause.

Retail Data Show Consumers ‘Took a Breather’ in April

Consumers bought less clothing and footwear in April than they did in the same month last year but opened their wallets for electronics, major appliances and status goods, purchase data released Wednesday show.

Ford Name Plays Into Election Victory

It didn’t work for Myron Lowery in last year’s special election for Memphis mayor.

Leonard's BBQ Applying for Beer Permit

Leonard’s BBQ is applying for a beer permit and will soon open for lunch on Saturdays.

STATEWIDE

Bredesen Pens Book on Health Care Overhaul

NASHVILLE (AP) — Tennessee Gov. Phil Bredesen has written a book about his proposal to improve the American health care system.

Mayor: Nashville Flooding Damage Tops $1 Billion

NASHVILLE (AP) — Nashville Mayor Karl Dean estimates the damage from weekend flooding could easily top $1 billion.

STATE LEGISLATURE

Bredesen Still Awaiting Republican Budget Plan

NASHVILLE (AP) — Gov. Phil Bredesen said Wednesday he's still waiting for a Republican plan to close Tennessee's budget gap, and he's hoping to "find some common ground" once he gets it.

REGIONAL

High Water, Debris Plague Tennessee River

LOUISVILLE, Ky. (AP) — The U.S. Coast Guard has banned until further notice recreational boating in both the Tennessee and Cumberland rivers, including two of the most popular lakes in western Kentucky.

Energy Grant to Help Ark. Low-Income Residents

LITTLE ROCK, Ark. (AP) — Members of the Arkansas congressional delegation are announcing a federal grant to help low-income Arkansans save on heating and cooling costs.

NATIONAL POLITICS

Government Debt Explosion Hits Turning Point

WASHINGTON (AP) — The government's explosive borrowing has hit a turning point: It's expected to drop 18 percent this year after setting a record high last year. The brighter picture is due to higher tax revenue and less government spending as the economy has improved.

Senate Removes $50 Billion Fund From Wall Street Bill

WASHINGTON (AP) — The Senate has voted to remove a $50 billion bank liquidation fund from a broad financial regulation bill.

NATIONAL BUSINESS

Service Sector Grows in April, Trade Group Says

NEW YORK (AP) – The service sector expanded in April, with business activity accelerating at the strongest pace in four years.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 73 155 19,728
MORTGAGES 95 170 23,084
FORECLOSURE NOTICES 4 11 8,315
BUILDING PERMITS 200 338 40,366
BANKRUPTCIES 50 122 13,226
BUSINESS LICENSES 14 23 6,160
UTILITY CONNECTIONS 0 52 13,048
MARRIAGE LICENSES 28 58 4,900

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