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VOL. 124 | NO. 148 | Thursday, July 30, 2009

UPDATE: Storm Damage Worst In Wolfchase Area

There were no deaths or injuries reported from the storms that raked Memphis early Thursday evening. But the commercial strip of Germantown Parkway as well as some residential areas near the Wolfchase Galleria were the hardest hit areas in the city.

Uncertainty Follows Stanley’s Political Demise

On his way to the electric chair in the 1934 gangster movie “Manhattan Melodrama,” Clark Gable’s doomed character encourages a fellow prison inmate to “die like you live – all of a sudden.”

Memphis Attorney Charged With Stealing $60K from Clients

Memphis attorney J. Richard Rossie turned himself in to authorities this afternoon and was booked on theft charges.

Halbert Mulls Run for City Mayor

Another potential mayoral candidate is considering stepping into the fray.

Law Firm Alliances on the Rise

Law firms locally and nationally are more frequently forming partnerships with other firms or joining networks to help better serve their clients and use every attorney’s base of knowledge to improve overall performance.

Local Weather
Currently
Memphis, TN
77.0°F
A Few Clouds
Wind: East at 4.6 mph
Humidity: 85%

EVENTS

The Shelby County Commission’s EOC Appeal Board will meet today at 9:30 a.m. in the fourth floor committee room of the Shelby County Administration Building, 160 N. Main St. The Rules Subcommittee of the Shelby County Ethics Commission will meet at 4 p.m. in Suite 660. For more information, call Steve Summerall at 545-4301.

more events »

It’s Herenton’s Last Day at City Hall

The boxes were packed several weeks ago and most have been moved out of the seventh floor office.

Accredo Hits Record With Quarterly Revenue of $2.38B

Accredo Health Group Inc. set another record with quarterly revenue of $2.38 billion and maximized the impact of that benchmark by improving its operating income by 30.5 percent.

Divorce, Bankruptcy Attorney Finds Joy in Solo Practice

David M. Sandy is a solo practitioner at The Law Office of David Sandy. He practices primarily in family law, bankruptcy and small business. He also does some work in personal injury, appellate law and employment, and is a real estate agent.

Medtronic Consultant Didn't Disclose Company Ties

WASHINGTON (AP) - A Medtronic consultant failed to disclose that he was working for the medical device manufacturer, even while asking Congress for funding to research the company's treatments for soldiers wounded in combat, according to an influential Republican senator.

Report: Kohlberg Kravis Plans Dollar General IPO

NEW YORK (AP) - Private equity firm Kohlberg Kravis Roberts & Co., which operates KKR Financial Holdings LLC, is preparing for an initial public offering of discount retailer Dollar General Corp., according to the Wall Street Journal, which cited people familiar with the matter.

IP Division Shorewood Packaging to Cut 100 Jobs

NEWPORT NEWS, Va. (AP) - More than 100 workers at Shorewood Packaging in Newport News will lose their jobs by September.

Microsoft, Yahoo Team Up to Ding Google With Bing

SAN FRANCISCO (AP) – Microsoft Corp. has finally roped Yahoo Inc. into an Internet search partnership, capping a convoluted pursuit that dragged on for years and setting the stage for them to make a joint assault against the dominance of Google Inc.

Dozens Arrested in Medicare Fraud Busts Across US

MIAMI (AP) - Federal authorities arrested more than 30 suspects, including doctors, and were seeking others in a major Medicare fraud bust Wednesday in New York, Louisiana, Boston and Houston, targeting scams such as "arthritis kits" – expensive braces that many patients never used.

Democrat Threatens Banks to Stop Foreclosures

WASHINGTON (AP) - A senior House Democrat threatened banks Wednesday that if they don't volunteer to save more homeowners from foreclosure, Congress will make them.

Health Care Progress Seen on Capitol Hill

RALEIGH, N.C. (AP) - Congress reported progress on legislation to overhaul the nation's health care Wednesday as President Barack Obama introduced a retooled message asserting his plan would protect Americans and limit insurers' power.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 312 16,192
MORTGAGES 0 293 18,685
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 655 33,126
BANKRUPTCIES 0 237 10,737
BUSINESS LICENSES 0 112 5,198
UTILITY CONNECTIONS 0 127 11,344
MARRIAGE LICENSES 0 94 3,867

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