VOL. 128 | NO. 139 | Thursday, July 18, 2013
Through various mitigation efforts, the lending giant Wells Fargo has helped some 5,200 Memphis homeowners avoid foreclosure since 2009.
MATA reviewing proposals for Central Station’s next phase
Central Station is poised to ride Downtown’s development momentum into its next phase of life.
Look for suburban school board races probably in November now that voters in the six suburban towns and cities in Shelby County have approved forming municipal school districts.
Bass Pro Shops has changed signage plans for The Pyramid and is including a “sky ride” to the top of the building along with two new balconies outside the two-level observation deck, all part of an effort to embrace the structure’s iconic place in the city’s skyline.
Shelby County Commissioners could not find enough votes in committee sessions Wednesday, July 17, for a county property tax rate that had any chance of passing before the full commission next week.
Every version of a city budget the Memphis City Council and Mayor A C Wharton Jr. considered in June included a plan to lose 300 city employees through attrition for long-term savings toward meeting rising future debt obligations.
MEMPHIS LAW TALK
Attorney Mark Jobe has recently started working as an associate with Glankler Brown PLLC.
LOCAL COLUMNISTS
Ray’s Take The cost of long-term nursing home care is increasing at a dramatic pace. According to the latest Genworth Financial report, the median annual cost is now $83,950 and has risen 4.5 percent annually over the last five years.
ARDEN, N.C. – This suburb of Asheville is home to my newest favorite burger place. Don’t get me started on the Old-Fashioned – mustard, onions, chili, slaw. Check out frenchfryz.net.
NATIONAL BUSINESS
NEW YORK (AP) – Major U.S. banks have turned in big profit gains this season, but the news isn't all good.
NATIONAL GOVERNMENT
WASHINGTON (AP) – A bipartisan group of senators on Wednesday pressed forward with a reporter shield bill that includes new Justice Department guidelines for investigations that involve the media.
TECHNOLOGY
DALLAS (AP) – Dell Inc. is making a late push to win shareholder support for founder Michael Dell's plan to take the slumping computer maker private, an indication that Thursday's scheduled vote could be close.
REAL ESTATE
WASHINGTON (AP) – U.S. builders started work on fewer homes in June, mostly because apartment construction fell sharply. But applications for permits to build single-family houses rose to the highest level in five years, suggesting the housing recovery will continue.
HEALTH CARE
WASHINGTON (AP) – House Republicans pressed ahead Wednesday on delaying key components of President Barack Obama's signature health care law, emboldened by the administration's concession that requiring companies to provide coverage for their workers next year may be too complicated.