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VOL. 124 | NO. 133 | Thursday, July 9, 2009

Election Commission to Consider Mayoral Deadline

The Shelby County Election Commission today is setting the stage for the next step in the coming special election for Memphis mayor.

Hope Emerges from June Home Sales

The traditionally busy summer home-buying season got off to a slow start with June sales well off the mark from the same month a year ago.

For Kritchevsky, Advocacy Role A Goal Fulfilled

Barbara Kritchevsky will begin the new school year as the director of advocacy for the University of Memphis Cecil C. Humphreys School of Law, a position she long has hoped to see created as the competition in that area grows among U.S. law schools.

Fullilove Arrested For License Fraud

After a long day at City Hall Tuesday, Memphis City Council member Janis Fullilove was arrested Wednesday by Tennessee Highway Patrol officers on charges of driver’s license fraud and driving on a revoked license. The THP officers also seized her car.

Grants to Put More Kids on SCHIP

The federal government has made $40 million in grants available to sign up more kids for State Children’s Health Insurance Programs through outreach efforts such as one Tuesday at the Memphis Zoo.

Local Weather
Memphis, TN
Mostly Cloudy
Wind: South at 5.8 mph
Humidity: 65%


The Memphis Investors Group will meet today at 7 p.m. at Appling Manor, 1755 Appling Road. Wendy Patton will discuss leasing real estate with an option to buy. Admission is free for first-time visitors and members. Repeat visitors pay $20.

more events »

SEC Could Bring Enforcement Proceedings to CSG

At this week’s Shelby County retirement board meeting, board members didn’t appear likely to support any changes to the county’s arrangement with Memphis-based Consulting Services Group, the investment adviser to the county’s pension fund.

Kroger to Open Medical Clinics

Walgreen’s may have gotten a head start on retail medical clinics in Memphis, but now the drugstore chain has some competition from Kroger.

U of M Law Names Romantz Associate Dean of Academic Affairs

David S. Romantz, a professor at the University of Memphis Cecil C. Humphreys School of Law, has been named the school’s new associate dean of academic affairs.

Despite Speculation, Herenton Packs Office for Move

Boxes in which to pack the knickknacks, papers and personal effects accumulated over the course of 17 years as the city’s chief executive line the hallway outside Memphis Mayor Willie Herenton’s office at City Hall.

FedEx Ground Announces New $125M Chicago Hub

FedEx Ground, the small-package ground delivery unit of FedEx Corp., Wednesday announced the opening of a $125 million distribution hub in Chicago, increasing the company's presence in the Chicago area.

Fed: Consumers Trim Borrowing by $3.2B in May

WASHINGTON (AP) - Consumers trimmed borrowing in May for the fourth straight month as the recession took another bite out of investments and drove unemployment higher.

White House, Hospitals Reach Deal on Health Care

WASHINGTON (AP) - The nation's hospitals will give up $155 billion in future Medicare and Medicaid payments to help defray the cost of President Barack Obama's health care plan, a concession the White House hopes will boost an overhaul effort that's hit a roadblock in Congress.

Six Arrests in Wall Street Fraud Case

NEW YORK (AP) - Six men have been charged with conspiracy to commit securities fraud, accused in a $140 million investment fraud and stock manipulation scheme.

Judge Denies Motion to Fast-Track GM Sale Appeal

NEW YORK (AP) - The sale of most of General Motors' assets is moving closer to completion, after a bankruptcy judge denied motions by groups with asbestos and injury-related claims seeking to halt the sale and appeal directly to the 2nd Circuit Court of Appeals.

AT&T Expects to Close on Acquisition in Q3

DALLAS (AP) - AT&T Inc. said Wednesday that it expects to close on its $944 million acquisition of wireless and broadband service provider Centennial Communications Corp. during the third quarter.

Prosecutors Seek 145 Years in Prison for Lawyer

NEW YORK (AP) - A prominent lawyer trained at Harvard and Yale universities who admitted defrauding hedge funds of more than $400 million should be sentenced to 145 years in prison, prosecutors told a judge Wednesday.

Stricter Labeling Urged for Bottled Water

Consumers know less about the water they pay dearly for in bottles than what they can drink almost for free from the tap because the two are regulated differently, congressional investigators and nonprofit researchers say in new reports.

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