» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation Links
VOL. 123 | NO. 148 | Wednesday, July 30, 2008

Downtown Market Study Mostly Favorable

At more than 90 pages long, a new market study prepared by a pair of research firms provides a look at Downtown Memphis by the numbers.

MED Board to Choose Helper Firm Today

The board of the Regional Medical Center at Memphis today will make a decision its leaders say they hope will put the hospital on the road to becoming more financially stable.

Cordova Industrial Site Bound for Auction

It’s not every day that a 10-acre industrial site is put on the auction block – selling absolute to the highest bidder, no less – but a Cordova property zoned for heavy industrial use and about 80 percent occupied goes to bid next week.

S&P: Home Prices Drop By Record 15.8 Percent in May

NEW YORK (AP) – Home prices tumbled by the steepest rate ever in May, according to a closely watched housing index released Tuesday, as the housing slump deepened nationwide.

Americans’ Economic Outlook Remains Gloomy

NEW YORK (AP) – Amid the gloom of higher gas and food prices and a slumping housing market, Americans appear to be looking for a bit of hope.

Local Weather
Currently
Memphis, TN
86.0°F
A Few Clouds
Wind: Southwest at 8.1 mph
Humidity: 67%

EVENTS

The Shelby County Board of Commissioners will hold committee meetings today beginning at 8:30 a.m. on the lobby level in the commission chambers, 160 N. Main St. For more information, including a complete agenda, visit http://agendapub.shelbycountytn.gov or call 545-4301.

more events »

Wilson Named CBU Dean Of Graduate, Professional Studies

Dr. Patrick Wilson has been named dean of the Graduate and Professional Studies program at Christian Brothers University.

Court Reverses Whole Foods-Wild Oats Ruling

WASHINGTON (AP) - Whole Foods' long-running effort to acquire its rival organic supermarket chain Wild Oats isn't completely out of the legal woods yet.

Merrill to Sell Troubled Assets, Raise Capital

NEW YORK (AP) - Merrill Lynch & Co., in a broad move to clean up its troubled balance sheet, said Monday it will sell a big slice of its toxic asset-backed securities and issue new stock to raise $8.5 billion of fresh capital.

Businesses Owe $58 Billion in Withheld Taxes

WASHINGTON (AP) - More than a million and a half businesses owe the government about $58 billion in taxes they were supposed to withhold from employees' paychecks but never forwarded to the IRS, congressional investigators said in a report made public Monday.

Meeting Focuses on New Mississippi River Bridge

MEMPHIS, Tenn. (AP) - A top state official says a toll road may be the only way to go if motorists want a new bridge over the Mississippi River at Memphis.

Official Downplays Importance of Housing Plan

WASHINGTON (AP) - A top Bush administration official Tuesday downplayed the importance of a homeowner rescue plan passed by Congress over the weekend, arguing that efforts already in place will help more borrowers.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 83 223 16,103
MORTGAGES 62 207 18,599
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 323 32,794
BANKRUPTCIES 66 187 10,687
BUSINESS LICENSES 28 86 5,172
UTILITY CONNECTIONS 0 90 11,307
MARRIAGE LICENSES 15 75 3,848

Weekly Edition

Issues | About

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