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VOL. 123 | NO. 90 | Wednesday, May 7, 2008

Hype Builds for Midtown Project

As developer Tom Marsh clicked through slides showing some of the upscale development projects his partners have created around the country, audience members at the Central Gardens Association annual meeting stared in awe.

Methodist North Slates Prostate Surgery Webcast

If they don't die first of something like heart disease or cancer, all men will eventually develop prostate cancer, meaning half the world has an interest in the next webcast from Methodist North Hospital.

York Elected President Of Memphis Tri-State Fence Association

Bill York, vice president of sales and marketing for Dillard Door and Entrance Central, has been elected president of the Memphis Tri-State Fence Association, a chapter of the American Fence Association (AFA).

Deadlock Leads To State Legislation

One of the two Memphis legislators sponsoring a bill that would keep the Shelby County charter much the same as it is now said he put the legislation in the hopper in Nashville because of fears the Shelby County Board of Commissioners would become deadlocked.

Greenstone Condo Renovation Approaches Finish Line

New York-based Blackstar Capital Partners is nearing completion on its $3.8 million renovation of Residences at The Greenstone, an 18-unit condominium redevelopment on the northeast corner of Poplar Avenue and North Waldran Boulevard.

Local Weather
Currently
Memphis, TN
67.0°F
Mostly Cloudy
Wind: Southeast at 9.2 mph
Humidity: 66%

EVENTS

Talk Shoppe will meet today from 9 a.m. to 10 a.m. at the Better Business Bureau of the Mid-South, 3693 Tyndale Drive. The topic will be "How to Find the Best Mortgage in this Topsy-Turvy Market" with Jo Garner, a loan officer with First Tennessee Bank. The event is free. For more information, call Garner at 759-7808.

more events »

CANDLE Seeks Study Participants

The University of Tennessee Health Science Center Department of Preventive Medicine needs more pregnant women to sign up for a study that will help researchers identify major factors that affect the development of children from birth to age 3.

Budget Woes Scramble Lottery Funding Plans

NASHVILLE (AP) - Legislators facing lower-than-expected lottery revenue must now decide how to fund initiatives such as providing more scholarships for students and making structural improvements to state school buildings.

Huey's CEO a Memphis Legacy

Thomas Boggs learned the restaurant trade waiting tables at the TGI Friday's in Overton Square. He learned the value of hard work as a teenager playing drums in a wildly popular early 1960s party band in Memphis. The mix helped create a Midtown institution and a family business run by his daughters.

Bernanke Urges More Action To Stem Home Foreclosure Crisis

WASHINGTON (AP) - A rising tide of late mortgage payments and home foreclosures poses considerable dangers to the national economy, Federal Reserve Chairman Ben Bernanke warned anew Monday as he urged Congress to take additional steps to alleviate the problems.

MLGW VP Ward to Resign Effective Sept. 5

Armstead Ward, the human resources vice president of Memphis Light, Gas and Water Division, submitted his resignation Tuesday to utility president and CEO Jerry Collins. Collins announced the resignation in a one-line press release that said Ward’s resignation is effective Sept. 5.

Housing Picture Worsens as Fannie Sees Price Drop

WASHINGTON (AP) - The outlook for the housing market darkened further Tuesday as the nation's largest buyer of home mortgages said it racked up more than $2 billion in quarterly losses and forecast a steeper drop in home prices this year.

Fed Auctions $75 Billion to Banks to Ease Credit Stresses

WASHINGTON (AP) - Battling to relieve stressed credit markets, the Federal Reserve said Tuesday it has provided a total of $435 billion in short-term loans to squeezed banks since December to help them overcome credit problems.

Medtronic to Cut 1,100 Jobs From Global Work Force

MINNEAPOLIS (AP) - Medical device maker Medtronic Inc. said Tuesday it is planning to cut its work force by about 1,100 jobs, or about 3 percent, during the current fiscal year as part of a global restructuring.

Bill to Allow Nonsectarian Study of the Bible Advances

NASHVILLE (AP) - A proposal that would allow the state Department of Education to develop a curriculum for the nonsectarian study of the Bible in public schools is advancing in the House.

State Bill Would Require All DUI Offenders to Serve 48 Hours

NASHVILLE (AP) - Legislation that would require all individuals convicted of drunken driving to serve at least 48 hours in jail passed the House.

Bill Would Create Pilot Convenient Voting Centers

NASHVILLE (AP) - Legislation that would create a pilot program for convenient voting centers has passed the state House.

Bill Would Eliminate Time Limits for DUI Test

NASHVILLE (AP) - Legislation that would remove limits on how much time authorities have to give drunken driving tests following a traffic stop is headed to the governor for his consideration.

Bill Would Allow Trained Personnel to Administer Medication

NASHVILLE (AP) - Legislation that would allow trained personnel to administer anti-seizure medications to high school students in emergency situations has passed the state House.

House Passes Resolutions Honoring Tigers' Championship Trip

NASHVILLE (AP) - The Tennessee House of Representatives passed resolutions honoring the Memphis Tigers for their trip to the NCAA Division I national championship.

State Legislation Would Change Jury Selection Procedures

NASHVILLE (AP) - Legislation that seeks to make changes to the current procedures for jury selection unanimously has passed the state House.

Proposal to Require Deposits for Drink Containers Stalls

NASHVILLE (AP) - A legislative proposal to require 5 cent deposits for drink containers in Tennessee is likely dead for the year.

Ignoring Flood Signs Could Bring Reckless Driving Charge

NASHVILLE (AP) - Drivers who ignore flood warning signs or barricades could be charged with reckless driving under a bill headed to the governor for his consideration.

Bill to Extend Provision on Charter Schools Advances

NASHVILLE (AP) - A proposal to extend a provision for the creation of new public charter schools has passed the House Education Committee.

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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 41 215 12,248
MARRIAGE LICENSES 29 121 4,478

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