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VOL. 124 | NO. 110 | Monday, June 8, 2009

MSARC Goes To Health Department In Herenton Reversal

Less than a week after he insisted the Memphis Sexual Assault Resource Center would remain a part of city government, Memphis Mayor Willie Herenton reversed course Monday.

Renasant Executive’s Job Duties Expand to Memphis

A recent headline in The New York Times neatly summed up life for community bank executives like Rick Hart: “We’re Dull, Small Banks Say, and Have Profit to Show for It.”

May Home Sales Down Slightly From April

Home sales hit a plateau in May – even falling slightly – as the Shelby County housing market struggled to maintain whatever momentum it enjoyed the previous month.

Appeals Court Upholds Dismissal Of Mississippi Water Rights Case

A federal appeals court has upheld the dismissal of a water rights lawsuit filed by the state of Mississippi against the city of Memphis and Memphis Light, Gas and Water Division.

Decaying Heritage: Historic preservation reaches ‘tipping point’

Historic Memphis is rotting faster than the deteriorating economy.

Local Weather
Currently
Memphis, TN
78.0°F
A Few Clouds
Wind: South at 5.8 mph
Humidity: 74%

EVENTS

The Memphis Chapter of the International Association of Administrative Professionals will meet today at 6 p.m. at the Holiday Inn Select East, 5795 Poplar Ave. Cost is $22. For reservations, contact Dianne Cordaro at 287-6009 or diannecordaro@yahoo.com.

more events »

Concerted Preservation Effort Needed to Save Historic Properties

Our efforts at historic preservation resemble our efforts to chronicle our history – scattered in different places.

Company Makes Tennis Training Available to Everyone

Vaught Sports is making it possible for people to learn tennis skills who don’t live near a court or can’t afford a country club membership.

Memphis In May Founder Continues Building International Ties

When Lyman Aldrich founded the Memphis In May International Festival 33 years ago, he and others thought it was important to honor a different country every year. The tradition continues to promote cultural as well as business ties to each honored country.

Millington’s Playhouse 51 Prepares for Season Finale

Theater isn’t the exclusive territory of Midtown, say members of Playhouse 51, the only community theater group in Millington. However, as the group prepares for its season finale, the participants are concerned about much more than memorizing lines.

University Professor Announces Bid for Tenn. House Seat

CLARKSVILLE, Tenn. (AP) - An Austin Peay State University assistant professor has announced he will run next year as a Democrat for the seat held by Republican U.S. Rep. Marsha Blackburn.

Tenn. Commissioner: We'll Take Gitmo Detainees

PETROS, Tenn. (AP) - A Morgan County commissioner has drafted a proposal urging the state to consider moving terrorism suspects from the U.S. military prison at Guantanamo Bay to a recently closed state prison.

Southern Govs Meet Next Week to Discuss Energy

BILOXI, Miss. (AP) - Oil tycoon T. Boone Pickens and five governors are scheduled to appear at a conference next week to discuss the future of energy needs in the South.

National Jobless Rate Hits 9.4 Percent In May; Layoffs Slow

WASHINGTON (AP) – With companies in no mood to hire, the U.S. unemployment rate jumped to 9.4 percent in May, the highest in more than 25 years. But the pace of layoffs eased, with employers cutting 345,000 jobs, the fewest since September.

Wal-Mart: We’ll Keep Customers Gained in Recession

FAYETTEVILLE, Ark. (AP)Wal-Mart Stores Inc. executives pledged Friday to continue making changes to the company to adapt to the economy but to do so in a way that it keeps the new customers it has picked up because of the recession.

Consumer Borrowing Plunges by $15.7B in April

WASHINGTON (AP) - Borrowing by consumers fell by $15.7 billion in April as U.S. households continued to trim spending and put away their credit cards amid a severe recession.

GM to Sell Saturn Brand to Penske Dealership Chain

NEW YORK (AP) - General Motors Corp. has a tentative deal to sell its Saturn brand to former race car driver and dealership group owner Roger Penske, both companies said Friday.

Biden: White House to 'Ramp Up' Economic Recovery

WASHINGTON (AP) - Vice President Joe Biden said Friday the White House plans to "ramp up" the pace of its economic recovery efforts as the government reported the unemployment rate jumped to it highest level in over a quarter-century.

Merck's Heart Failure Drug Misses Trial Goals

WHITEHOUSE STATION, N.J. (AP) - Merck and Co. said Friday its heart failure treatment rolofylline missed its goals in a trial, failing to improve patient symptoms compared with a placebo.

Can't Refinance? Try Your Congressman

WASHINGTON (AP) - Can't afford your mortgage payment? If the bank won't take your call, your member of Congress just might.

Temp Work Helps Mask Joblessness Among Americans

TOWNSHEND, Vt. (AP) - For weeks, Greg Noel roamed the spine of the Green Mountains with a handheld GPS unit, walking dirt roads and chatting with people as he helped create a map of every housing unit in the United States.

More Minority Teachers Needed at Theology Schools

NASHVILLE, Tenn. (AP) - Minority teachers are underrepresented at theological schools and need more financial help and encouragement to become faculty, according to a prominent group of scholars dedicated to improving religious education.

Inching On Up

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 83 188 9,757
MORTGAGES 100 182 11,496
FORECLOSURE NOTICES 11 28 1,662
BUILDING PERMITS 194 328 20,638
BANKRUPTCIES 61 119 6,556
BUSINESS LICENSES 25 52 3,497
UTILITY CONNECTIONS 31 79 4,062
MARRIAGE LICENSES 31 63 2,242

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