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VOL. 124 | NO. 155 | Monday, August 10, 2009

UPDATE: Cohen Hosts Packed Rowdy Townhall On Health Care Reform

An overflow crowd of several hundred people lined up for blocks and filled the Bridges building Downtown for a rowdy Saturday forum on health care reform legislation.

UPDATE: Carpenter Opens In Whitehaven On Busy Political Weekend

Memphis mayoral contender Charles Carpenter opened his Whitehaven campaign headquarters Saturday to a crowd of around a hundred supporters.

Mortgage Numbers Up Since June

One year ago, Tupelo, Miss.-based Renasant Bank had two employees working in its local mortgage division. Today, it has nine. And that 450 percent boost in staffing yielded one of Shelby County’s most impressive increases in lending activity last month.

Kyle Bid for Governor To Be Announced Tues.

Memphis attorney and state Sen. Jim Kyle brushed off a question a little less than two months ago about when he’d announce his plan to run or to sit out the 2010 governor’s race.

Community Foundation Portfolio Rebounds

The investments of the Community Foundation of Greater Memphis rebounded from several months of losses during the second quarter and posted returns that beat market indices.

Local Weather
Currently
Memphis, TN
51.0°F
Mostly Cloudy
Wind: South at 4.6 mph
Humidity: 38%

EVENTS

The Memphis Chapter of the International Association of Administrative Professionals will meet today at 6 p.m. at the Holiday Inn Select East, 5795 Poplar Ave. Dr. Ron Davis, campus dean at Strayer University, will present “Emotional Intelligence and Servant Leadership.” Cost is $20. For reservations, contact Dianne Cordaro at diannecordaro@yahoo.com or 287-6009.

more events »

County Resident Sickened by West Nile Virus

The Memphis and Shelby County Health Department is stepping up mosquito control measures and urging people to protect themselves from bites because the presence of West Nile virus has spread to 11 new ZIP codes and sickened a county resident.

New Midtown Boutique Offers Total Fashion Package To All Women

Arshula Lynn recently put up the open sign at her new business, Main Event Boutique, and then put music from the Black Eyed Peas on the stereo.

Justin's Empire: Timberlake drives business interests where it all began

Justin Timberlake might be best known for hit records, dance moves and sold-out concerts, but the 28-year-old entertainer extraordinaire is much more than a singer/dancer/performer. The award-winning, chart-topping Timberlake – or, simply, JT – has become an institution, a brand name that transcends his showbiz persona and carries as much cachet as any living celebrity.

Political Antics Will Get Comeuppance During Election

Why did Memphians go to the trouble of having the City Charter revised and updated given the quagmire that Mayor Pro Tem Myron Lowery’s 75-day tenure is becoming?

HUD Official Calls Memphis Public Housing Efforts ‘Extraordinary’

Ronald Sims, deputy secretary of the U.S Department of Housing and Urban Development, came to Memphis just days before Memphis Mayor Willie Herenton left office last month.

Memphis Native Brings Own Music Style to Small Stage

The story is not uncommon: girl discovers a guitar; girl goes after her dream; girl comes home when times get tight. But far from getting chewed out by big-city life, singer/songwriter Molly Okeon, or better known on stage as Molly Ray, said she found her forte connecting musically with the small stage.

Luminex Shares Fall on Q2 Report, Outlook

NEW YORK (AP) - Shares of Luminex Corp., which makes testing systems for biotechnology companies, fell Friday, after the company reported lower-than-expected second-quarter profit and reduced its revenue outlook for the year.

Glaxo Buys Nabi Staph Infection Vaccine for $46M

NEW YORK (AP) - Nabi Biopharmaceuticals said Thursday it sold its staph infection vaccine PentaStaph to British drugmaker GlaxoSmithKline PLC in a deal worth as much as $46 million.

Delta to Cut More Management Jobs

ATLANTA (AP)Delta Air Lines Inc., Memphis’ dominant carrier and the world’s biggest airline operator, is planning to cut more management and administrative jobs, but isn’t saying how many, according to a recorded message and a memo from top executives.

Obama Nominates Nashville Attorney to Sixth Circuit

WASHINGTON (AP) - President Obama said he was honored to nominate Nashville attorney Jane Stranch to the 6th U.S. Circuit Court of Appeals.

Job Losses Slow As Unemployment Dips

WASHINGTON (AP) – Employers sharply scaled back layoffs in July, and the unemployment rate dipped for the first time in 15 months, sending a strong signal that the worst recession since World War II is finally ending.

AIG Reports Q2 Profit, First Since 2007

American International Group Inc. reported its first quarterly profit since 2007 on Friday, as the government-controlled insurer saw the value of some of its soured assets recover.

Consumers Cut Debt for 5th Straight Month

WASHINGTON (AP) - The Federal Reserve says consumers paid down their credit cards and reduced other debt in June for the fifth straight month as they rebuild savings battered by the recession.

Gov't Reassures Schools on Staying Open with Flu

WASHINGTON (AP) - The government said Friday that schools should only close this fall if large numbers of students have swine flu, and could allow their sick kids to return 24 hours after a fever is gone.

Critical Need for Affordable Senior Housing

The Bart Harvey is just a building, but it rescued Felicity Morrison from a homeless shelter.

Taxing Rooms

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 82 82 19,655
MORTGAGES 75 75 22,989
FORECLOSURE NOTICES 0 0 8,305
BUILDING PERMITS 138 138 40,167
BANKRUPTCIES 72 72 13,176
BUSINESS LICENSES 9 9 6,146
UTILITY CONNECTIONS 52 52 13,048
MARRIAGE LICENSES 30 30 4,872

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