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VOL. 124 | NO. 166 | Tuesday, August 25, 2009

Redevelopment Ahead for Poplar-Colonial Intersection

Change is coming to a busy East Memphis intersection, where a car wash will soon be built as the first piece of a larger redevelopment plan.

Herenton Says He’s Not Running for Mayor

Seemingly putting to rest speculation that surrounded his intention to run in the October mayoral special election, Willie Herenton told a radio talk show host Monday afternoon he will not run.

Study Shows Glaring Child Health Disparities in Tenn.

A study that divided Tennessee into three distinct regions reveals gaping differences in health problems for young children and access to care for expecting mothers.

New Restaurant to Open In Cooper-Young Area

Ben Vaughn, a former chef and partner at East Memphis’ River Oaks Restaurant, over the weekend let his Facebook followers know he’d be opening his own eatery in Cooper-Young in late October.

Mayor’s Race Gets ‘Crazy’ As Election Day Approaches

“It’s crazy now,” Memphis Mayor Pro Tem Myron Lowery told members of the Downtown Neighborhood Association last week.

Local Weather
Memphis, TN
A Few Clouds
Wind: South at 6.9 mph
Humidity: 79%


The Memphis Rotary Club will meet today at noon at the University Club of Memphis, 1346 Central Ave. Mike Moffatt, governor of Rotary District 6800, will speak. Lunch is $18 per person and reservations are required. For reservations, e-mail Taylor Hughes at taylor@memphisrotary.org.

more events »

Enclave Partnership Files Loan For 19 Lots of Enclave at Sparkle Creek

Enclave at Sparkle Creek Planned Development, Unincorporated Shelby County, Loan Amount: $1.5 Million -
The Enclave Partnership has filed a $1.5 million loan through Merchants & Planters Bank on its remaining 19 lots in The Enclave at Sparkle Creek Planned Development, a 33-lot, 106-acre development on Pisgah Road in unincorporated Shelby County near Cordova.

Study: Energy Efficiency Could Boost South

ATLANTA (AP) - An aggressive strategy to replace aging equipment with more energy efficient products throughout the South would reduce the need to build more coal-fired power plants in the region through 2020, according to a Georgia Tech study released Monday.

Wal-Mart Spent $2.6 Million Lobbying in Q2

WASHINGTON (AP) - Wal-Mart Stores Inc., the world's largest retailer, spent nearly $2.6 million lobbying in the second quarter on a wide range of issues from health care reform to organized crime and labor union issues, according to a recent disclosure report.

Report: Goldman Providing Tips to Certain Clients

NEW YORK (AP) - Goldman Sachs Group Inc. provides some of its biggest clients stock tips that come out of regular meetings held by analysts and traders at the investment bank, according to a Wall Street Journal report.

Remember Me? Wall Street Repackages Debt for Sale

WASHINGTON (AP) - Wall Street may have discovered a way out from under the bad debt and risky mortgages that have clogged the financial markets. The would-be solution probably sounds familiar: It's a lot like what got banks in trouble in the first place.

Reader's Digest Files Ch. 11 Bankruptcy Protection

Reader's Digest Association Inc., publisher of the iconic general interest magazine that began gracing American homes in 1922 and now reaches a worldwide audience of 130 million, filed for Chapter 11 bankruptcy protection Monday as it faces falling print circulation in the Internet age and looming debt payments.

Consumer Strain: Pens and Notebooks Put on Layaway

NEW YORK (AP) - To gauge consumers' strain, look no further than the rows and rows of plastic bags awaiting layaway payments at Kmart. They are filled with back-to-school basics – not just T-shirts and jeans but notebooks, magic markers and pencils.

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PROPERTY SALES 77 435 9,569
MORTGAGES 104 511 11,314
BUILDING PERMITS 196 1,045 20,310
BANKRUPTCIES 44 275 6,437

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