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VOL. 124 | NO. 156 | Tuesday, August 11, 2009

EmergeMemphis to Launch $1.3M Expansion

EmergeMemphis, the 10-year-old business incubator helping groom more than two dozen companies from its 60,000-square-foot space on Tennessee Street, is ready to grow up.

Local Homebuilding Numbers Still Depressed

Shelby County homebuilders continue chipping away at inventory by selling more homes than they start, but the industry remains mired in a slump as new home sales and permits hover at record lows.

Cohen Keeps Tabs On VA Hospital Admin Search

U.S. Rep. Steve Cohen, who requested a federal probe into the firing of a popular psychologist from the Memphis VA Medical Center, is now communicating with top officials at the U.S. Department of Veterans Affairs as the agency searches for a new administrator for the hospital.

Baptist Doctors Usher in Heart Procedure

Doctors at Baptist Memorial Hospital Memphis are among a vanguard of physicians introducing a new treatment for atrial fibrillation that puts cardiologists in the operating room with surgeons.

Politicians Out in Full Force

With back-to-school supplies to hand out and a new crop of brightly colored campaign signs, the October special election race for Memphis mayor and several other races on the 2010 ballot came alive this past weekend.

Local Weather
Memphis, TN
Partly Cloudy
Wind: Southwest at 6.9 mph
Humidity: 88%


The National Association of Women Business Owners Memphis Chapter will hold a luncheon mixer today at 11:30 a.m. at Jason’s Deli, 3473 Poplar Ave., Suite 102. Lynn V. Evans will speak on “Tips for Increasing Cash.” For reservations, e-mail nitab@memphisoriginals.com or call 413-1315.

more events »

Kohl’s Repairs Storm Damage At Cordova Department Store

2335 N. Germantown Parkway, Cordova, TN 38016, Permit Amount: $550,000 -
Kohl’s has begun work to repair the structural damage at its store at 2335 N. Germantown Parkway in Cordova sustained during the recent storm.

LLC Donations Boon to Haslam, Ramsey Campaigns

NASHVILLE, Tenn. (AP) - Special rules in Tennessee campaign finance laws for limited liability companies are providing a boost for two Republican gubernatorial candidates.

Lawsuit Alleges Medicaid Fraud by Tenn.-based Hospital Corp.

ALBUQUERQUE, N.M. (AP) - A federal whistleblower lawsuit alleges a Tennessee-based hospital corporation made more than $90 million off the Medicaid program at three New Mexico hospitals over eight years.

Troopers Cracking Down on School Zone Violations

NASHVILLE, Tenn. (AP) - The Tennessee Highway Patrol will crack down on school zone traffic violations despite encouraging statistics from recent years.

TVA Planning Dry Storage for Coal Ash

CHATTANOOGA, Tenn. (AP) - The Tennessee Valley Authority is preparing plans to convert its coal ash operations from wet storage to dry storage in the wake of a massive ash spill from a retention pond last year in Tennessee.

Ark. Gets $69M for Renovations Through Stimulus

LITTLE ROCK, Ark. (AP) - Arkansas' colleges and universities, prison system and other state buildings will use more than $69 million in federal stimulus money for renovations and energy-efficiency upgrades, Gov. Mike Beebe said Monday.

Top Insurance Lobbyist: August Key in Health Drive

WASHINGTON (AP) - August will be a make-or-break month for the drive to revamp health care, as members of Congress use the recess to either sell the need for an overhaul to voters or continue criticism of the insurance industry, the chief of the insurers' main lobbying arm said Monday.

McDonald's July Same-Store Sales Rise 4.3 Percent

NEW YORK (AP) - McDonald's Corp. said Monday its same-store sales climbed 4.3 percent in July, as the nation's biggest hamburger chain benefited from budget-conscious consumers and wide promotion of new coffee drinks.

GMAC to Offer Leases on Some Vehicles

DETROIT (AP) - GMAC Financial Services reported Monday it will offer a leasing option on select vehicles to drivers in 45 states.

EBay, GM to Start Car-Selling Trial Tuesday

SAN FRANCISCO (AP) - Hundreds of General Motors' California dealers will let consumers haggle over the prices of new cars and trucks through the eBay online marketplace under a trial that begins Tuesday.

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MORTGAGES 119 497 11,811
BUILDING PERMITS 268 1,056 21,366
BANKRUPTCIES 50 263 6,700

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