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VOL. 125 | NO. 162 | Friday, August 20, 2010

Schnucks Closure a Sign of Market’s Struggle

News that the Schnucks supermarket at 1150 N. Germantown Parkway is closing brought to light an important realization about today’s economy.

Downtown Incentives

New South Main businesses open with CCC’s aid

Two unique, upscale retailers have opened their doors in the South Main Historic Arts District with the help of financial incentives from the Center City Commission.

Highland Row Still in the Works

Lifestyle center developer Poag & McEwen remains committed to Highland Row, the mixed-use development the company is pursuing next to the University of Memphis, company representatives said Thursday.

White Station Principal, Former School Administrator Indicted

The principal and former assistant principal of White Station High School have been indicted by the Shelby County grand jury for their failure to report to police an assault on a student during the 2009-2010 school year.

Whalum and Webb Draw Challengers In School Board Races

Memphis school board members Betty Mallott and Martavius Jones were unopposed at Thursday’s filing deadline for the four Memphis school board races on the Nov. 2 ballot. Noon was the deadline for candidates to file their qualifying petitions in the school board races as well as three sets of municipal elections in Bartlett, Collierville and Germantown.

Local Weather
Currently
Memphis, TN
65.0°F
Overcast and Windy
Wind: from the Northwest at 32.2 gusting to 46.0 mph
Humidity: 73%

EVENTS

Small Biz Memphis will hold its Small Biz Celebration Friday from 7:30 a.m. to 9 a.m. at Shirt Bistro, 4966 Poplar Ave. For more information, call 205-9303.

more events »

Aug. 5 Election Results Certified

The Shelby County Election Commission has certified the results of the Aug. 5 election.

Wharton’s Edge Grows With Time in Office

Memphis Mayor A C Wharton Jr. is developing an edge – at least an edge that is more noticeable lately in his public statements.

Spirit Fest Attracts Wide Array of Vendors, Speakers

Energy healers, tarot readers and crystal dealers from as far away as Illinois and Florida are preparing to set up shop this weekend at Spirit Fest 2010, which organizers and vendors expect to be the Mid-South’s most eclectic and expansive mind-body-spirit event.

Tupelo Furniture Market’s Reach Felt in Memphis

Richard “Butch” Baber will spend this weekend on a huge shopping trip. He and some of his associates at Royal Furniture Co., where Baber serves as president, will make a daily 200-mile round trip to the Tupelo Furniture Market.

Bradley’s Publishing Business is Family Affair

Chris Bradley’s family doesn’t waste any time training the next generation in the family business.

Cargo Numbers Continue to Climb at Memphis International

Memphis International Airport began its new fiscal year with lower passenger counts but a healthy increase in cargo shipments.

Ford Recounts Political Education At Book Signing

Former U.S. Rep. Harold Ford Jr. says politics moves faster than it did when he watched his father work as the city’s congressman and got his basic political education.

1955: Good Old Days Weren’t So Good

Learn. Don’t return.

A Life Insurance Love Letter

I have the honor of serving as the 2010 chairman of the Life and Health Insurance Foundation for Education.

NATIONAL BUSINESS

Workplace Deaths Fall to Lowest Level Since 1992

WASHINGTON (AP) – The number of workers who died on the job fell by 17 percent last year to the lowest level in nearly two decades, as workers logged fewer hours during the recession, the Labor Department said Thursday.

Jobless Claims Rise to Highest Level in 9 Months

WASHINGTON (AP) – Employers appear to be laying off workers again as the economic recovery weakens. The number of people applying for unemployment benefits reached the half-million mark last week for the first time since November.

Leading Indicators Rise 0.1 Percent in July

NEW YORK (AP) – A private research group said its gauge of future economic activity edged up in July, suggesting growth will be sluggish for the rest of the year.

A Year After Bankruptcy, GM Plans Stock Sale

DETROIT (AP) – Thirteen months ago, General Motors was fighting for its life in bankruptcy court. Now, the automaker is laying the groundwork to sell stock to the public once again with the eventual goal of ridding itself of government ownership.

NATIONAL POLITICS

Obama to GOP: Stop Blocking Small Business Bill

WASHINGTON (AP) – President Barack Obama is urging Republican congressional leaders to stop blocking a bill aimed at helping small businesses hire more people.

Budget Analysts See 2010 Deficit at $1.3 Trillion

WASHINGTON (AP) – This year's federal deficit will exceed $1.3 trillion, Congress' official budget analysts projected Thursday in a report underscoring election year perils both parties face as they struggle to balance conflicting demands to trim budget shortfalls, spark the economy and cut taxes.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 344 19,573
MORTGAGES 110 422 22,914
FORECLOSURE NOTICES 2 8,305 8,305
BUILDING PERMITS 207 838 40,029
BANKRUPTCIES 60 356 13,104
BUSINESS LICENSES 21 194 6,137
UTILITY CONNECTIONS 30 147 12,996
MARRIAGE LICENSES 15 65 4,842

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