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VOL. 126 | NO. 113 | Friday, June 10, 2011

Permits Dip 21 Percent in May

While local homebuilders filed fewer permits in May than they did during the same month a year ago, average sales price – of both pulled permits and builder new-home sales – saw a significant leap.

Keeping Families ‘FIT’

Helping homeless expectant mothers just one Agape outreach effort

There are few situations as stressful as being a homeless pregnant mother, wandering weary, hungry and often hopeless from one shelter to the next with young children in tow.

Pinnacle Rolls Out PinnPro Ground Services Unit

Memphis-based Pinnacle Airlines Corp. has a rebranded business unit that provides professional ground services to other regional and charter air carriers.

Dollar General Building Store On Jackson In N. Memphis

Plans for a new Dollar General store in the city’s North submarket are under way. Ware Properties LLC purchased 9,100 square feet of vacant land at 3433 Jackson Ave. from Hector Tejeda in May for $140,000, according to the Shelby County Register of Deeds. The Shelby County Assessor of Property’s 2011 appraisal of the parcel was $109,200.

Doctors Express Takes Waiting Out of Clinic Visits

Long waits at the doctor’s office might just be a thing of the past. Doctors Express, the nation’s first urgent care franchise, opened its first location in Memphis six months ago at 5475 Poplar Ave., and so far it is delivering on its goal to be an alternative to the lengthy delays associated with doctor’s office and emergency room visits.

Local Weather
Currently
Memphis, TN
34.0°F
Fair
Wind: Northeast at 5.8 mph
Humidity: 73%

EVENTS

The Benjamin L. Hooks Central Library will host a two-day book sale Friday, June 10, and Saturday, June 11, from 10 a.m. to 5 p.m. at the library, 3030 Poplar Ave. More than 15,000 books and materials will be on sale. For more information, call 415-2840.

more events »

Delta Plan Yields More Cuts at Memphis Airport

On the way to its Labor Day goal of cutting capacity, Delta Air Lines Inc. is making more specific the moves that will cut its service at Memphis International Airport, one of Delta’s seven domestic hubs.

Lauck’s Southern Charm Brightens Little Tea Shop

The proprietor of Downtown’s Little Tea Shop, the woman behind the cash register – Suhair Lauck – in the baseball cap greeting customers by name and being affectionately greeted in return as “Sue,” is as much of a Downtown icon as her bastion of home-cooked comfort food.

LOCAL COLUMNISTS

Moby Rainbow

Lucky Catches. Last week I caught a whale. The river was too high to catch this fish, far too much trash churned and turned in its brown rush, far too distracting and suspicious for already suspicious rainbow, much less this wily old monster. I can’t catch this fish. I don’t fish, and people who do fish talk about fish like this, big enough to inspire tales, bigger still each time the tale is told.

Engaging Volunteers

Part three of a three-part series Volunteers make the world go ‘round. That is at the core of what we believe and what our experience has proven to be true. In part one of this series, we talked about the dangers of relying on staff to lead your organization’s fundraising. In part two, we focused on board members as the first group of volunteers to engage. Now we discuss engaging volunteers from outside your organization.

STATEWIDE

Tenn. Limits At-Home Care for the Disabled

NASHVILLE (AP) – Tennessee is limiting the amount of home nursing and personal assistance services for people with intellectual and developmental disabilities to reduce budget costs, which could push more people into community-based homes.

Governor Discusses Health, Wellness Task Force

NASHVILLE (AP) – Gov. Bill Haslam says Tennesseans don't take healthy behavior seriously enough and he hopes a health and wellness task force he's created will change that.

Health Care Conference Saturday in Nashville

NASHVILLE (AP) – The annual conference of the Tennessee Health Care Campaign is Saturday at Meharry Medical College in Nashville.

NATIONAL BUSINESS

High Unemployment Claims, Food Prices Slow Economy

WASHINGTON (AP) – Jobs are scarce and food prices are likely to stay high through next year, according to new data that reinforced evidence of a U.S. economy stuck in a weak patch.

Borders Could Close 51 Stores; Memphis Store Not on List

NEW YORK (AP)Borders Group Inc. says it may have to close dozens of its best-performing stores due to a requirement of its bankruptcy financing if their landlords don't agree to extend a lease-negotiation period.

Unemployment Aid Applications Stuck at High Level

WASHINGTON (AP) – The number of Americans seeking unemployment benefits hardly changed for a second straight week, stuck at a high level that points to a slowing job market.

Trade Deficit Narrows in April to $43.7 Billion

WASHINGTON (AP) – American companies sold more computers, heavy machinery and telecommunications equipment in foreign markets in April, pushing exports to a record high. Imports declined, reflecting a big drop in auto imports from Japan caused by supply disruptions from the March earthquake and tsunami.

NATIONAL POLITICS

Biden-Led Budget Talks Resume on Capitol Hill

WASHINGTON (AP) – With an early August deadline looming, Vice President Joe Biden and top lawmakers met for the sixth time Thursday on legislation blending $1 trillion or more in spending cuts with a must-do measure to allow the government to resume borrowing more than $100 billion a month to pay its bills.

Court Says Telephone Companies Must Give Access

WASHINGTON (AP) – The Supreme Court says large telephone companies have to provide their competitors discounted access to their network.

REAL ESTATE

Gov't Faults 3 Lenders Over Mortgage-Aid Efforts

WASHINGTON (AP) – The Obama administration is blaming the three largest U.S. mortgage lenders for the failures of its foreclosure-prevention program. It says they've done little to help people at risk of losing their homes.

Americans' Equity in Their Homes Near a Record Low

WASHINGTON (AP) – Falling U.S. home prices have shrunk the equity Americans have in their homes to nearly the lowest percentage since World War II.

Fixed Mortgage Rates Drop for 8th Straight Week

WASHINGTON (AP) – Fixed mortgage rates have dropped for an eighth straight week, but the low rates have done little to boost the depressed housing market.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 78 307 21,073
MORTGAGES 82 330 24,691
FORECLOSURE NOTICES 66 93 8,703
BUILDING PERMITS 0 837 43,174
BANKRUPTCIES 63 240 14,142
BUSINESS LICENSES 17 75 6,476
UTILITY CONNECTIONS 25 139 13,650
MARRIAGE LICENSES 10 77 5,146

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