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VOL. 125 | NO. 108 | Friday, June 4, 2010

Glankler Brown Departs Downtown

Glankler Brown PLLC, a law firm that has been a Downtown mainstay for nearly a century, won’t renew its lease at One Commerce Square and will move to East Memphis.

City Mulls Hiking Sanitation Fees

Although there is no city property tax hike tied to the city budget the Memphis City Council will vote on next week, a $4.50 increase in the city solid waste fee is on the table as the council prepares for the new fiscal year July 1.

CVS Inks Deal for Former MAHBA HQ

CVS has chosen a busy stretch of Germantown Parkway in Cordova for its next area pharmacy.

Charter Commission Makes Tentative Division of Metro Services

The Metro Charter Commission took a first step Thursday toward defining which services of a consolidated government would go into which taxing district.

Imperial Lanes Set for Retail Makeover

A deal appears to be in the works to transform the old Imperial Lanes bowling alley at 4700 Summer Ave. into a new retail property.

Local Weather
Currently
Memphis, TN
74.0°F
Mostly Cloudy
Wind: Calm mph
Humidity: 85%

EVENTS

Gallery Fifty Six will host an opening reception for artist JC Graham Friday from 5 p.m. to 8 p.m. at the gallery, 2256 Central Ave. Graham’s show, “One Room Schoolhouse,” will run through June 30. For more information, visit www.galleryfiftysix.com.

more events »

City Rolls Out Red Carpet to Tout Assets

The Greater Memphis Chamber will give prospective businesses and national trade publications the proverbial star treatment next week when it hosts the Red Carpet Tour.

Oliphant Ready to Expand Dixon Hughes

The folks who run the Memphis office of accounting firm Dixon Hughes PLLC aren’t crossing their fingers and waiting around on new clients to walk through the door.

McLaughlin Makes Career Change at RedRover

When Trish McLaughlin received her degree from Appalachian State University in the late 1980s, she heard the words most English majors hear upon graduating.

Chew On This

Put some local teeth in our game.

Luttrell Sharpens Consolidation Stance

When Republican nominee for county mayor Mark Luttrell begins his drive to the Aug. 5 county general election this weekend, he’ll probably also field questions about the prospect of consolidation.

Exhibit Tells Stories of Women in Medicine

A month-long focus on the history of women in health care begins Friday evening at the Benjamin L. Hooks Central Library with a reception to mark the opening of “Changing the Face of Medicine: Celebrating America’s Women Physicians.”

STATEWIDE

Tenn. May Honor Isaac Hayes with Section of I-40

NASHVILLE (AP) - Legendary late soul musician Isaac Hayes may get a commemorative stretch of highway in his home state of Tennessee.

STATE LEGISLATURE

Tenn. Senate Passes 'Super Speeder' Bill

NASHVILLE (AP) – The Senate has passed a proposal that would fine motorists driving at least 25 mph over the speed limit in Tennessee as much as $500.

REAL ESTATE

Freddie Mac: Mortgage Rates Up from Yearly Lows

NEW YORK (AP) - Rates on 30-year fixed mortgages ticked up this week from the lowest level of the year.

NATIONAL BUSINESS

Trade Group Says Service Sector Grew in May

WASHINGTON (AP) – The U.S. service sector expanded in May for the fifth consecutive month, suggesting the economy will add more jobs and strengthen.

Job Hopes Rise on Flurry of Economic Reports

WASHINGTON (AP) - A handful of economic reports released Thursday raised hopes for an improving job market with fewer layoffs and more hiring.

Factory Orders Post 1.2 Percent April Increase

WASHINGTON (AP) - Orders to U.S. factories posted a moderate increase in April as a big surge in demand for commercial aircraft offset weakness in a number of other areas.

Retailers' Reports Show Tepid May for Shoppers

NEW YORK (AP) - Americans, uninspired by cool weather and feeling fresh concerns about the economy, spent with caution in May after a tepid April.

First-Time Jobless Claims Drop for Second Week

WASHINGTON (AP) - New claims for unemployment insurance fell for the second straight week, fresh evidence the job market is slowly improving.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 83 170 7,919
MORTGAGES 93 201 9,400
FORECLOSURE NOTICES 32 40 1,398
BUILDING PERMITS 113 243 16,850
BANKRUPTCIES 50 105 5,511
BUSINESS LICENSES 37 69 3,017
UTILITY CONNECTIONS 28 75 3,325
MARRIAGE LICENSES 33 70 1,758

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