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VOL. 125 | NO. 109 | Monday, June 7, 2010

Beale Street Lawsuit Settled

The city of Memphis has reached a settlement with Performa entertainment in a long running lawsuit over the flow of money from the Beale Street district.

Caravan Event A 'Blowout' Success

Two of Memphis’ biggest musical assets came together last week when Ardent Studios hosted the Beale Street Caravan’s annual Blowout fundraiser.

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.

May Home Sales Up 3 Percent

May brought torrential weather to the area with an onslaught of storms and flooding, but it also delivered a torrent of home sales, generating Shelby County’s most productive month since last fall.

Argent Gains More Space with Move East

Only weeks after landing in Memphis, scooping up Memphis-based Investment Counsel and Trust Co. and landing a temporary office space, Argent Trust Co. of Tennessee has scooted east along Poplar Avenue to a bigger home.

Local Weather
Currently
Memphis, TN
79.0°F
A Few Clouds
Wind: South at 11.5 mph
Humidity: 79%

EVENTS

The Madison Hotel will host Smoking Up High: High-Class, Low-Key, a monthly rooftop cigar event, Monday from 5:30 p.m. to 7:30 p.m. on the rooftop of the hotel, 79 Madison Ave. The event will feature a selection of cigars from the Mix Cigar Emporium, a cash bar and tapas. For reservations, call 333-1224.

more events »

Commission to Resolve Budget Debate

Shelby County Commissioners vote Monday on a budget for the fiscal year that begins July 1 and take the first of three votes on a county property tax rate.

Substitute Judge Ordered For General Sessions

When General Sessions Criminal Court Judge Ann Pugh announced her retirement at the end of May, she timed it to have an election on the Aug. 5 ballot to fill out the remaining four years on her eight-year term of office.

Medtronic Devotes Month To Service

Medtronic Inc. employees spent an afternoon in a sweltering warehouse last week packaging canned goods for the Mid-South Food Bank, the first event of a month-long community service initiative that will benefit eight nonprofit organizations.

Sutherland Clinic Joins Methodist Le Bonheur System

Sutherland Cardiology Clinic will be acquired by Methodist Le Bonheur Healthcare on July 1, becoming the only specialty practice under the hospital system’s umbrella of doctors’ clinics.

New TV Series (Almost) Comes to Memphis

The Bluff City steps into the spotlight this month as a new TV series on TNT features a quirky Memphis police detective with an intimate connection to the city, a passion for blues music and a close relationship with his mother.

Games on the Go

A gaming fan from early on, Xavier Moore’s fate was sealed when his family bought an Atari gaming console.

Self-Realization: Dunderhead

There is a time in your young life when you realize you are a mechanical dunderhead. One such realization came when I was trying to unscrew a strange screw on my bicycle that I had never seen before. It had no slot. It looked like the point of a knife would turn it, so I proceeded to break a few tips off mom’s steak knives before my dad appeared.

Memphis City Council Agenda

Click on the icon for a full agenda for the Memphis City Council's meeting today.

THE MEMPHIS NEWS

Rally Time

As soon as he heard the Memphis Redbirds were coming to town in 1998, Buddy Young bought season tickets and has renewed them every year since.

Baseball Temple Can Be Memphis Institution

At some point, the Memphis Redbirds will be sold with the terms including a requirement that the new owner keep the team in Memphis.

HUD Official Talks About Transition From Housing

With $22 million in federal funding, the city of Memphis has its sixth HOPE VI grant from the U.S. Department of Housing and Urban Development.

PEZZ Celebrates 20 Years of Rock

The untold story of the decade since Y2K is how Generation X grew up, stopped wandering and settled down with a mortgage and a couple of kids.

Hunt-Phelan Dish Steeped In Tradition – and Butter

Kjeld Petersen had no intention of “going back into the kitchen” when he and his wife, Melissa, moved to Memphis from Portland, Ore., several years ago.

Never Too Much to Say About Rosés

Let’s do another rosé this week, but a very different sort of rosé from a different part of the world than last week’s example from Bordeaux, which, of course, is in France and – Fun Fact Alert! – did you know that in France it’s against the official government wine rules to blend a white wine and a red wine to make a rosé, except in Champagne?

STATEWIDE

McWherter Criticizes Ramsey's Leadership in Senate

NASHVILLE (AP) - Democratic gubernatorial candidate Mike McWherter is criticizing Republican Ron Ramsey's performance in charge of the state Senate.

Court of the Judiciary Disciplines Cocke Judge

NEWPORT, Tenn. (AP) - A state judicial court has suspended an East Tennessee judge after a trial.

STATE LEGISLATURE

Governor: Pleased with Budget Compromise

NASHVILLE (AP) - Democratic Gov. Phil Bredesen said he's largely pleased with the latest form of the budget plan that passed the Senate Thursday night.

NATIONAL BUSINESS

Economy Adds 431K Jobs But Few in Private Sector

WASHINGTON (AP) - Job creation by private companies grew at the slowest pace of the year in May, even while the hiring of temporary census workers drove overall payrolls up 431,000. The unemployment rate dipped to 9.7 percent as many people gave up searching for work.

Wal-Mart Cheers Its Moves to Try to Improve Sales

FAYETTEVILLE, Ark. (AP) - Wal-Mart Stores Inc.'s chief executive told shareholders Friday that the company is positioning itself for 20 years of worldwide growth and that it plans to hire another half-million employees over the next five years.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 97 140 16,020
MORTGAGES 95 145 18,537
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 323 323 32,794
BANKRUPTCIES 65 121 10,621
BUSINESS LICENSES 29 58 5,144
UTILITY CONNECTIONS 38 90 11,307
MARRIAGE LICENSES 23 60 3,833

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