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VOL. 126 | NO. 131 | Thursday, July 7, 2011

Budget Issues Resurface at City Council

The Memphis City Council this week ventured back into the just closed budget season via a city charter amendment for the November 2012 ballot.

Fewer Opportunities

Commercial construction continues to struggle

During a national online news conference last month, Associated Builders & Contractors chief economist Anirban Basu said although employment in the construction industry has expanded over the past four months, the nation’s construction industry recovery may be two years away.

Carpenter Out Of Chairman’s Contest

Shelby County Commissioner Mike Carpenter won’t be seeking the chairmanship of the body next week when the commission chooses its leader for a one-year term to start Sept. 1.

Maps Marked Up At Second Madison Bike Lane Meeting

A group of more than 100 citizens got a chance to do more than just look at maps of Madison Avenue Wednesday evening.

Butler Snow Firm, Attorneys Gain Honors

Butler, Snow, O’Mara, Stevens & Cannada PLLC over the last few months has racked up a slew of honors and distinctions.

Local Weather
Currently
Memphis, TN
70.0°F
Fair
Wind: Calm mph
Humidity: 87%

EVENTS

The Madison Hotel will continue its Sunset Atop the Madison series Thursday, July 7, at 5:30 p.m. at the hotel, 79 Madison Ave. Memphis All-Stars will perform at 6 p.m. and the evening will include drinks and a special menu. Admission is $7. For more information, call 333-1200.

more events »

Shelby County Launches Discount Rx Program

Shelby County residents are now eligible to receive discounts on certain health screenings and more than 60,000 prescription drugs, thanks to a newly launched county government program.

Council to Fill Seat July 22

The Memphis City Council will meet in special session July 22 to appoint someone to fill the vacancy created by the resignation last month of District 7 council member Barbara Swearengen Ware.

Helping People Drives Campbell to Law Success

After growing up in some of the poorest neighborhoods in Memphis, Christopher Campbell now works as a partner for Harris Shelton Hanover Walsh PLLC, one of the most respected law firms in the region.

LOCAL COLUMNISTS

Think Before Buying Home

Ray’s Take: Home ownership is a bedrock of American culture with many benefits, but being a good investment is not necessarily one of them. Does that shock you? Maybe not as much now as it would have three years ago. However, it was just as true then as it is today.

Travel Back In History With These 2 Novels

If memory serves, it was about this time of year in 2008 that I found myself face to face with my favorite Latin teacher at a party.

Value of Inbound Marketing

The most effective marketing strategy is to educate the customer about why your product or service is the best value. Lowest cost is rarely an indicator in the success of a product or service. “Value” sells because it provides the best return on a customer’s investment.

STATEWIDE

Library for the Blind Commemorated in Tenn.

NASHVILLE (AP) – Gov. Bill Haslam praised the National Library Service for the Blind and Physically Handicapped for the thousands of people it has helped with audio books.

NATIONAL BUSINESS

Service Sector Grew in June at Slower Pace

WASHINGTON (AP) – The U.S. service sector, which employs nearly 90 percent of America’s work force, expanded for a 19th consecutive month in June. But growth slowed from May, a sign that the economy remains sluggish.

Auto Industry, Seeing New Life, is on Hiring Spree

DETROIT (AP) – Volkswagen opened a plant in Tennessee last month with 2,000 workers. Honda is hiring 1,000 in Indiana to meet demand for its best-selling Civic. General Motors is looking for 2,500 in Detroit to build the Chevy Volt.

CVS Caremark Will Pay Dividend of 12.5 Cents

WOONSOCKET, R.I. (AP)CVS Caremark Corp. on Wednesday declared a quarterly dividend of 12.5 cents.

Food Companies Take Veggie Cue From Sneaky Trend

It looks like Kraft Macaroni & Cheese, and Kraft says it tastes just like the original. But a new ingredient is lurking inside this version of the American family dinner staple — cauliflower.

Regions Closes Buyout of $1B Credit Card Portfolio

BIRMINGHAM (AP)Regions Bank has completed the buyout of a $1 billion portfolio of its branded credit cards from a subsidiary of Bank of America, the company said Tuesday.

NATIONAL POLITICS

GOP Backs Food Industry

WASHINGTON (AP) – House Republicans are siding with food companies resisting the Obama administration’s efforts to pressure them to stop advertising junk food for children.

Obama Takes on 'Tweeters' in Twitter Town Hall

WASHINGTON (AP) – President Barack Obama kicked off his first Twitter town hall with – what else? – a tweet.

Obama: Don't Use Debt as a Gun Against Americans

WASHINGTON (AP) – President Barack Obama says the debt ceiling should not "be used as a gun against the heads" of Americans to retain breaks for corporate jet owners or oil and gas companies.

HEALTH CARE

Lawsuit: Wyeth had Illegal Patents on Effexor

JACKSON, Miss. (AP) – A federal lawsuit in Mississippi claims a major pharmaceutical company misrepresented clinical data and used sham litigation to maintain a monopoly over a drug used to treat depression and anxiety.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 209 209 16,401
MORTGAGES 252 252 18,937
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 393 393 33,519
BANKRUPTCIES 124 124 10,861
BUSINESS LICENSES 57 57 5,255
UTILITY CONNECTIONS 102 102 11,446
MARRIAGE LICENSES 70 70 3,937

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