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VOL. 123 | NO. 144 | Thursday, July 24, 2008

Eastview Blight Lawsuit Could Be Settled

A relatively obscure Tennessee state statute is being used to put some legal muscle behind an effort to reverse one Memphis neighborhood’s decline.

Probate Court Alters Workweek

Shelby County Probate Court will switch to a new schedule and workweek on a trial basis for its employees effective Aug. 1.

Trolley Lambasted During Main Street Mall Meeting

The idea of allowing car traffic on the Main Street Mall Downtown was panned at the first public hearing held by the Center City Commission this week.

Northwest Posts $377M Q2 Loss

MINNEAPOLIS (AP) – Northwest Airlines Corp. reported a second-quarter loss of $377 million on Wednesday as it took another large accounting charge and fuel expenses continued to rise sharply.

Bush Drops Opposition to Housing Bill

WASHINGTON (AP) – President Bush dropped his opposition Wednesday to a broad housing package aimed at bolstering the sagging economy, despite his objections to including $3.9 billion for neighborhoods hit hardest by foreclosures. The House was expected to vote on the bill Wednesday, and it could become law as early as this week.

Local Weather
Currently
Memphis, TN
75.0°F
Partly Cloudy
Wind: South at 3.5 mph
Humidity: 96%

EVENTS

Take Steps for Crohn’s & Colitis Music City Walk and Festival will be held today from 4 p.m. to 7:30 p.m. at Shelby Farms Park & Conservancy. Take Steps is the nation’s largest event dedicated to finding a cure for digestive diseases. For more information, call Nicole or Drew at 615-356-0444 or visit www.cctakesteps.org.

more events »

Raines Recognized for Real Estate Practice

Richard C. Raines is a member of Wyatt, Tarrant & Combs LLP and a part of its Real Estate and Construction Service Team.

Government: Airfares in U.S. Rose 4.4 Percent in Q1

ATLANTA (AP) - Average domestic airfares rose 4.4 percent in the first quarter of 2008 compared to the same period a year earlier, the government said Wednesday in an analysis that was based on a small sample of itineraries and excluded some high-priced destinations.

Fed: Slower Growth, Rising Prices Slam Economy

WASHINGTON (AP) - The country slogged through slower economic growth and rising prices during the summer, packing a double whammy to people and businesses alike.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 80 401 13,843
MORTGAGES 99 439 16,005
FORECLOSURE NOTICES 19 63 2,202
BUILDING PERMITS 233 998 28,755
BANKRUPTCIES 49 276 8,926
BUSINESS LICENSES 23 136 4,701
UTILITY CONNECTIONS 23 141 5,534
MARRIAGE LICENSES 15 88 2,982

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