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VOL. 125 | NO. 140 | Wednesday, July 21, 2010

Ford Jr. Endorses Uncle for County Mayor

Former Memphis Congressman Harold Ford Jr. made it official Wednesday endorsing his uncle, Joe Ford, in the Aug. 5 race for Shelby County mayor.

Up on the Roof

Madison Hotel offers sunsets, river views and parties on Thursdays

Thursday night is party night in Memphis, at least from mid-April until the end of August on the rooftop of the Madison Hotel.

Fund Signals Memphis ‘Open for Business’

He wasn’t saying “I told you so,” but he came close.

Norfolk Southern Almost Ready To Break Ground

Norfolk Southern Corp. is about to clear the final hurdle needed to begin work on its Rossville intermodal terminal, where cargo containers will be transferred between trucks and trains.

Feds Appear Likely to Seek Death Penalty Against Petties

The federal government will apparently seek the federal death penalty against alleged drug kingpin Craig Petties.

Bass Pro Shops At Pyramid To Go Swamp

Bass Pro Shops has plans for a swamp-like base at The Pyramid according to new and still tentative plans for The Pyramid.

Kitchen Tune-Up Seeks Veteran to Give Franchise

Memphis is one of 10 cities where Kitchen Tune-Up wants to give away a franchise to a United States military veteran.

BP Oil Spill Provides Opportunities for Change

What great news! After 85 days and millions of gallons of oil spilling into the waters off Louisiana’s coast, the flow has been stopped.

Gubernatorial Candidates Brace for Home Stretch

Ron Ramsey and Zach Wamp each said last week in Memphis they are peaking at the right time in the Republican race for governor.

Crafton Joins Memphis Goodwill As Director of Marketing, PR

Kimberly Crafton has joined Memphis Goodwill Industries as director of marketing and public relations.

Discovering the Real Power of Gen Y

There are fundamental experiences we share as a collective generation – experiences that shape what our values are, how we prefer to communicate, what we buy, and what factors influence those buying decisions most.

STATEWIDE

TVA Fuel Cost Raises Bills Sixth Straight Month

KNOXVILLE (AP) – Tennessee Valley Authority customers paying a sixth straight month of higher fuel cost adjustments in August will see increases ranging between $1 and $2 on typical residential bills.

Candidates Pour Own Money Into Congressional Races

NASHVILLE (AP) – Primary contests for each of Tennessee's three open congressional seats feature at least one candidate spending a hefty amount of their own money in efforts to secure the Republican nomination.

NATIONAL BUSINESS

Unemployment Rate Falls in 39 States in June

WASHINGTON (AP) – The unemployment rate fell in most states in June, mainly because more people gave up searching for work and were no longer counted.

Home Construction Sinks to Lowest Level Since Oct.

WASHINGTON (AP) – Home construction plunged last month to the lowest level since October as the economy remained weak and demand for housing plummeted.

More Than 40 Pct. Leave Obama Mortgage-Aid Program

WASHINGTON (AP) – More than 40 percent of homeowners seeking help from the Obama administration's flagship effort to rescue those at risk of foreclosure have dropped out of the program.

NATIONAL POLITICS

SEC Chief Says Enforcement Has Increased

WASHINGTON (AP) – The head of the Securities and Exchange Commission said Tuesday that the agency has been revamped and has stepped up enforcement since the financial crisis. Agency officials are also ready to write new rules for companies affected by the sweeping legislation that is about to become law, she told House lawmakers.

Unemployment Benefits Extension Clears Hurdle

WASHINGTON (AP) – Legislation to restore unemployment benefits to millions who have been out of work for more than six months broke free of Senate Republican delaying tactics on Tuesday.

Obama Pushes Anew on Fair, Equitable Pay for Women

WASHINGTON (AP) – President Barack Obama is calling on Congress to pass the Paycheck Fairness Act, which he calls a common sense bill to ensure that women get paid as well as men for equal work.

DOT Fires Back After Airline Tarmac Delay Backlash

NEW YORK (AP) – The Transportation Department fired back at two airline consultants who say the rule that puts a three-hour limit on tarmac delays is harming travelers.

Judiciary Panel OKs Elena Kagan for Supreme Court

WASHINGTON (AP) — Pushing toward an election-year Supreme Court confirmation vote, a polarized Senate Judiciary Committee Tuesday approved Elena Kagan to be the fourth female justice.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 110 405 5,939
MORTGAGES 141 492 7,092
FORECLOSURE NOTICES 0 85 1,115
BUILDING PERMITS 0 845 12,430
BANKRUPTCIES 39 255 4,343
BUSINESS LICENSES 49 184 2,363
UTILITY CONNECTIONS 0 138 2,518
MARRIAGE LICENSES 31 108 1,235

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