VOL. 123 | NO. 118 | Tuesday, June 17, 2008
Since Friday, members of the Memphis City Schools Board of Education and the Memphis City Council have continued haggling over the council’s decision earlier this month to withhold more than $70 million from the school district’s budget.
Green building isn’t an instant salve for the ailing real estate market, but some local builders are moving in that direction as they continue to cope with slumping home sales.
3972 Jackson Ave., Memphis, TN 38128, Sale Amount: $1 Million -
Joseph Sy has added the final piece of the puzzle for his forthcoming open-air flea market on Jackson Avenue. Sy, a developer who spends time in Nevada and Memphis, has bought a 17,686-square-foot retail center at 3792 Jackson Ave., south of the Jackson–Interstate 40 interchange.
NASHVILLE (AP) – Tennessee used more than $3 million in incentives to lure Walt Disney Pictures to film “Hannah Montana: The Movie” in the state.
WASHINGTON (AP) – Bolstering the performance of the U.S. health care system is one of the biggest challenges facing the country, said Federal Reserve Chairman Ben Bernanke Monday.
MEMPHIS (AP) - Former state Sen. Kathryn Bowers of Memphis has begun serving her federal prison sentence for bribery.
KNOXVILLE (AP) - U.S. Sen. Lamar Alexander, the third-ranking Republican in the Senate and one of the chamber's wealthiest members, reports personal assets ranging from $13.2 million to more than $42 million.
CHATTANOOGA (AP) - Animal protection advocates in Tennessee consider this year's legislative session to be a success, including a new law that requires a bittering agent in antifreeze.
LOS ANGELES (AP) - Homebuilders say business is looking as grim as they did back in December, when a monthly survey of hundreds of builders hit a record low.
WASHINGTON (AP) - Mortgage companies are pledging to let troubled borrowers know whether they're approved for help within 45 days of receiving a homeowner's application.