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VOL. 125 | NO. 107 | Thursday, June 3, 2010

Hospitals Challenged on Infections

The rate of central-line associated bloodstream infection in hospitals is decreasing, according to the Centers for Disease Control and Prevention, but data on how Memphis hospitals are doing won’t be released until this summer.

Former Memphian Changes Haiti’s Future, One Child at a Time

Patrick Moynihan had it all. A six-figure salary. A comfortable home.

Effort Announced To Seed Future Philanthropy

The Community Foundation of Greater Memphis has launched GIVE 365, an initiative to grow the spirit of philanthropy in the city to younger people.

Man Seeks Appeal on Sex Abuse Case

Attorneys for a man who claims he was sexually abused more than 30 years ago by a Memphis priest will seek an appeal to the Tennessee Supreme Court.

Buck Lewis Personifies Commitment to Pro Bono Work

Dictionary.com defines pro bono as “to work for the good of the public rather than for a profit or income.” Simply put, it is providing a service without charging a fee.

Local Weather
Currently
Memphis, TN
66.0°F
Fair
Wind: South at 9.2 mph
Humidity: 54%

EVENTS

The University Libraries of the University of Memphis will present the fifth annual conference titled “The Delta: Everything Southern!” Thursday from 8:15 a.m. to 4:30 p.m. in the Fogelman Executive Conference Center. For more information or to register, visit www.memphis.edu/deltaconference.

more events »

What's Your Strategy?

Investing has little to do with reacting to today and everything to do with tomorrow.

REAL ESTATE

Tax Credits Fuel 6 Percent Rise in April Home Sales

WASHINGTON (AP) – A rush of homebuyers aiming to meet a deadline to qualify for a federal tax credit pushed the number of signed sales contracts to the highest level since October.

NATIONAL BUSINESS

Buffett Defends Rating Agencies For Missing Crisis

NEW YORK (AP) - Billionaire investor Warren Buffett said few could have predicted the depth of the housing crisis and that CEOs of rating agencies shouldn’t be fired for missing the warning signs.

AT&T Caps Phone Data Usage with New Wireless Plans

NEW YORK (AP) - AT&T Inc. will stop letting new customers sign up for its unlimited Internet data plan for smart phones and iPads, hoping to ease congestion on its network by charging the people who use the most data more.

DOT: Airlines Should Pay Bumped Passengers More

WASHINGTON (AP) - Airline passengers would receive as much as $1,300 for being bumped from a flight and would have 24 hours to cancel reservations without penalty under a series of consumer protected proposed Wednesday by the Obama administration.

Prudential Gives Up on $35.5 Billion AIA Deal

LONDON (AP) - Prudential PLC has accepted defeat in its ambitious $35.5-billion plan to acquire Asian insurance company AIA from U.S. insurance company AIG.

Cooling Down? Don't Let Energy Costs Get You Hot

NEW YORK (AP) - Temperatures aren't the only numbers that climb in the summer. With air conditioners on full blast, so do energy bills.

NATIONAL POLITICS

Obama Challenges Republicans To Help on Economy

WASHINGTON (AP) - Striking a partisan tone, President Barack Obama said Wednesday he is working to rebuild the economy without much help from Republicans, saying they have mostly “sat on the sidelines and shouted from the bleachers.”

Anti-Incumbency Takes Down Another Congressman

MONTGOMERY, Ala. (AP) - The political shooting-star otherwise known as anti-incumbency fell on Alabama, taking down a first-term congressman who switched from Democrat to Republican just last December.

NC Mostly Wins in Waste Litigation with SE States

RALEIGH, N.C. (AP) - The U.S. Supreme Court has largely ruled in favor of North Carolina in a decade-old suit with other Southeastern states about low-level radioactive waste.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 102 224 17,767
MORTGAGES 127 277 20,703
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 176 510 36,326
BANKRUPTCIES 54 146 11,828
BUSINESS LICENSES 21 80 5,640
UTILITY CONNECTIONS 27 147 12,181
MARRIAGE LICENSES 11 60 4,417

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