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VOL. 124 | NO. 167 | Wednesday, August 26, 2009

UPDATE: Metro Charter Commission Clears Commission Test Vote

The formation of a Metro Charter Commission passed in a key test vote this morning before a committee of the Shelby County Commission.

Commissioners to Take First Pass At Consolidation Today

It’s a perennially unresolved and controversial concept that involves replacing Memphis and Shelby County governments with a single governing structure, one that’s built “from the ground up.”

Medtronic Extols Product Pipeline

The top executive for Medtronic Inc. Tuesday touted new products in the pipeline after the company released disappointing first quarter results.

‘I’m Not Some Idiot,’ Says Whalum Jr.

The Rev. Kenneth Whalum Jr. is aware that some people regard him as a vocal lightweight with zero political skills and no chance of winning the Oct. 15 special election for Memphis mayor.

DeSoto Has Most Vacant Medical Offices

DeSoto County has the highest vacancy rate for medical offices, while central Memphis ranks second, according to a report released Tuesday by CB Richard Ellis Memphis.

Local Weather
Currently
Memphis, TN
46.0°F
A Few Clouds
Wind: Northeast at 13.8 mph
Humidity: 50%

EVENTS

Talk Shoppe will present “The Master Mind Principle Success Formula” today from 9 a.m. to 10 a.m. at the Better Business Bureau of the Mid-South, 3693 Tyndale Drive. For more information, call Jo Garner at 482-0354.

more events »

Comprehensive Pharmacy Services Brings on Johnson as CFO

Brian Johnson has joined Comprehensive Pharmacy Services as chief financial officer.

Herron Makes $4,000 Fix to Campaign Finance Filing

NASHVILLE, Tenn. (AP) - Democratic gubernatorial candidate Roy Herron has filed a nearly $4,000 correction to his recent campaign finance report.

Vanderbilt to Honor Alexander for Media Work

NASHVILLE, Tenn. (AP) - Sen. Lamar Alexander, R-Tenn., is among five inductees into the Vanderbilt Student Media Hall of Fame.

Tenn. Nissan Plant to Use Methanol to Cut Costs

SMYRNA, Tenn. (AP) - In another cost-cutting move that also makes its car and truck production a little greener, Nissan North America said Tuesday it will use methanol fuel cells on some vehicles used to haul parts to assembly lines, starting at its plant in central Tennessee.

CB Richard Ellis Restructures $994M in Debt

LOS ANGELES (AP) – CB Richard Ellis Group Inc. on Tuesday reported it will modify $994 million in debt through agreements with lenders who will be able to swap existing rounds of debt for new ones with longer maturity dates or less amortization. The company has three offices in Memphis.

Index Shows Home Prices Increase From Q1 to Q2

NEW YORK (AP) – Home prices across most of the country have started to rise from the depths of the housing slump, a critical trend that will help stabilize the broader U.S. economy, according to new figures released Tuesday.

Health Care Claim Costs Expected to Rise 10.5 Pct

INDIANAPOLIS (AP) - Costs for employer-provided health plans are expected to rise more than 10 percent within the next 12 months, a jump workers may feel in their paychecks or through changes to their insurance coverage.

White House, Congress Project Record Deficits

WASHINGTON (AP) - The U.S. government faces exploding deficits and mounting debt over the next decade, White House and congressional budget officials projected Tuesday in competing but similar economic forecasts.

Obama Breaks Vacation, Keeps Bernanke at Fed

OAK BLUFFS, Mass. (AP) - President Barack Obama announced Tuesday he wants to keep Ben Bernanke on as Fed chairman, saying he shepherded America through the worst economic crisis since the Great Depression.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 78 307 21,073
MORTGAGES 82 330 24,691
FORECLOSURE NOTICES 0 27 8,637
BUILDING PERMITS 0 837 43,174
BANKRUPTCIES 63 240 14,142
BUSINESS LICENSES 17 75 6,476
UTILITY CONNECTIONS 0 114 13,625
MARRIAGE LICENSES 10 77 5,146

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