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VOL. 122 | NO. 127 | Tuesday, July 10, 2007

No Dunkin' For These Doughnuts

Though down in Q2, local business license filings appear steady over time

More than 300 people or businesses applied for new business licenses in June in Shelby County, representing a little more than 20 percent of those who filed licenses during the second quarter. During Q2, 1,458 licenses were filed with the Shelby County Clerk, according to The Daily News Online, www.memphisdailynews.com.

Deferring Taxes Important In Real Estate, Investors Say

Twenty years ago, Tom Elledge Jr. began investing in real estate on the side.

CBU Begins Work on $12M Life Sciences Center

650 E. Parkway South, Memphis, TN 38104, Permit Cost: $9.5 million -
Christian Brothers University (CBU) is building a new 32,000-square-foot science center, The Cooper-Wilson Center for Life Sciences, just inside the university's southern entrance off Central Avenue. The new three-story building will be adjoined with the current science building and will hold mostly classrooms and labs, small research areas, and faculty and administrative offices.

Talley Files Chapter 11 But Still Chats Up Sportsplex

A development entity managed by local sports businessman Chris Talley has filed for Chapter 11 bankruptcy protection.

Namer Gets Nine Years Shaved off Sentence

The mastermind of the largest securities fraud case ever tried in Memphis federal court had his sentence reduced by nine years in a re-sentencing hearing late last week.

Local Weather
Currently
Memphis, TN
58.0°F
Fair
Wind: Southwest at 8.1 mph
Humidity: 33%

EVENTS

The Memphis Rotary Club will hold its weekly meeting today at noon at the Memphis Cook Convention Center, 255 N. Main St. Bill Nations with the Federal Emergency Management Agency (FEMA) is the guest speaker. The event costs $16. For more information, call 526-1318.

more events »

Grant Program for Low-Income Students Gets $13.8 Million Boost

“Any and all money that can be pumped into this program is definitely a plus because this program serves the very financially needy students of Tennessee,” said Tim Phelps, associate executive director for grant and scholarship programs for the Tennessee Student Assistance Corp.

FedEx Refuses Comment on Speculation About Buyout Potential

"We don't comment on speculation or rumor related to corporate development activity," company spokesman Jess Bunn said.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 55 55 20,821
MORTGAGES 44 44 24,405
FORECLOSURE NOTICES 0 0 8,610
BUILDING PERMITS 0 0 42,337
BANKRUPTCIES 51 51 13,953
BUSINESS LICENSES 22 22 6,423
UTILITY CONNECTIONS 0 0 13,511
MARRIAGE LICENSES 23 23 5,092

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