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VOL. 124 | NO. 146 | Tuesday, July 28, 2009

Update: Stanley Resigning From State Senate Aug. 10

Tenn. Lt. Gov. Ron Ramsey's Office has released a statement that announces the resignation of State Sen. Paul Stanley, R-Germantown, effective Aug. 10.

Update: Top Legislator "Working to Resolve" Stanley Matter

State Sen. Mark Norris, R-Collierville, is the Majority Leader of the Tennessee Senate and the second Republican this week to call for the resignation of State Sen. Paul Stanley.

Shelby County GOP Chair Calls On Stanley To Resign

The first calls for the resignation of State Sen. Paul Stanley have begun within the Republican Party.

Lee Fees Caught in Legal Loop

With the predictability of a boomerang, Joseph Lee’s legal fee situation never seems to go away and keeps coming back to where it started.

MAHBA Insurance Program To Soothe Skittish Buyers

The Memphis Area Home Builders Association is launching a mortgage protection insurance program that will cover a homebuyer’s principal, interest, taxes and insurance (PITI) for one year if the buyer becomes involuntarily unemployed.

Local Weather
Currently
Memphis, TN
47.0°F
Fog/Mist
Wind: South at 4.6 mph
Humidity: 97%

EVENTS

The Memphis Rotary Club will meet today at noon at the University Club of Memphis, 1346 Central Ave. Veterinarian Kathy Mitchener will speak about stem cell research. Lunch is $18 per person and reservations are required. For reservations, e-mail Taylor Hughes at taylor@memphisrotary.org.

more events »

Study Shows Recession’s Impact On Nonprofit Orgs

A prolonged recession that increases demands on Mid-South nonprofit organizations while their revenues falter is having a severe impact, according to a report by the Alliance for Nonprofit Excellence.

U of M to Build Weight Room At Park Avenue Campus

1115 E. Getwell Loop, Memphis, TN 38111, Permit Amount: $2.1 Million -
The University of Memphis has filed a $2.1 million permit application with the city-county Office of Construction Code Enforcement to build a 12,000-square-foot weight room at the university’s Park Avenue Campus.

Appeals Court Blocks FedEx Class Action

ATLANTA (AP) - A federal appeals court ruled Monday that a group of FedEx Corp. employees who claim the company failed to pay them for all hours worked cannot form a class action group.

AG: Gun Ban Remains for School Athletic Events

NASHVILLE, Tenn. (AP) - Tennessee Attorney General Bob Cooper says people with handgun permits can't carry their weapons into parks or sports fields when they are being used by schools.

Nissan’s Tenn. Plant Cited for Energy Efficiency

SMYRNA, Tenn. (AP) - Nissan's automotive manufacturing plant southeast of Nashville has been honored by the Environmental Protection Agency for energy efficiency.

New Natchez Trace Leader Named

TUPELO, Miss. (AP) - Cameron Sholly is the new superintendent of the Natchez Trace Parkway, headquartered in Tupelo.

June New Home Sales Rise 11 Percent Nationwide

WASHINGTON (AP) – New U.S. home sales rose by the largest amount in more than eight years last month, in another sign the housing market is finally bouncing back from the worst downturn in decades.

GOP Sen. Sessions To Oppose Sotomayor

WASHINGTON (AP) – The senior Republican on the Senate Judiciary Committee says he’ll vote against U.S. Supreme Court nominee Sonia Sotomayor.

SEC Rule on 'Naked' Short-Selling Now Permanent

WASHINGTON (AP) - Federal regulators on Monday made permanent an emergency rule aimed at reducing abusive short-selling, put in at the height of last fall's market turmoil.

Gov't Plan Can Coexist with Private Insurance

WASHINGTON (AP) - A new government health insurance plan sought by President Barack Obama and congressional Democrats could coexist with private insurers without driving them out of business, an analysis by nonpartisan budget experts suggests.

Task Force Head Says Gov't Wants to Sell Car Stock

DETROIT (AP) - The Obama administration plans to sell its shares in General Motors Co. and Chrysler Group LLC as soon as it can, the head of the autos task force told a congressional panel Monday.

Trying to Sell? Clean Up Any Neighborhood Eyesores

When Vicky Black's one-story home in Port Richey, Fla., was on the market, prospective buyers told her they liked it. Unfortunately, they made negative comments about her neighbor's home, which has a stone lawn and little curb appeal.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 393 21,159
MORTGAGES 94 424 24,785
FORECLOSURE NOTICES 0 93 8,703
BUILDING PERMITS 173 1,010 43,347
BANKRUPTCIES 52 292 14,194
BUSINESS LICENSES 15 90 6,491
UTILITY CONNECTIONS 28 167 13,678
MARRIAGE LICENSES 12 89 5,158

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