VOL. 123 | NO. 147 | Tuesday, July 29, 2008
Closing arguments will be heard Aug. 11 in the Shelby County Chancery Court case over the issue of local funding for Memphis City Schools. But an effort is under way by some of the parties involved in the case to make sure a political solution – rather than a court of law – puts the issue to bed.
The housing market is continuing to leave its fingerprints on already-stretched balance sheets in the Tennessee statehouse as well as on those of municipal agencies and government boards closer to home in Memphis.
A Downtown strip club owner has lost the opening round of a federal court fight with the city.
A lawsuit alleging Baptist Memorial hospitals engage in unfair pay practices has grown from two plaintiffs who filed the suit late last year to now include nearly 30 plaintiffs.
Just more than 8,000 citizens voted early through Friday in advance of Shelby County’s Aug. 7 election day.
5389 Poplar Ave., Memphis, TN 38119, Permit Cost: $2 million -
Mercedes Benz of Memphis will do a renovation of its location on Poplar Avenue just east of Estate Drive. Richard Meena, vice president of Montgomery Martin Contractors, said they will be adding a new showroom and a new car wash, as well as performing general site work improvements, including some additions to the parking lot.
WASHINGTON (AP) – Congress approved mortgage relief for 400,000 struggling homeowners Saturday as part of an election-year housing plan that also aims to calm jittery financial markets and bolster the sagging economy. President Bush said he would sign it promptly, despite reservations.
WASHINGTON (AP) - The White House on Monday lowered its forecast for economic growth this year and next and said unemployment is likely to rise as housing and financial debacles along with high energy prices take their toll.
WASHINGTON (AP) - The Bush administration and federal banking regulators joined with the nation's four largest banks Monday to endorse a new way to pump money into the battered U.S. mortgage market.