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VOL. 125 | NO. 166 | Thursday, August 26, 2010

Tenn. Supreme Court Refuses Appeal Of MCS Funding Case

The Tennessee Supreme Court will not hear an appeal of the Memphis school funding case.

More Than a Hospital

Renowned for exceptional health care, Le Bonheur also boasts impressive art collection

With at least $1 million worth of commissioned art pieces created by more than 50 artists housed in its new state-of-the-art building, Le Bonheur Children’s Hospital isn’t just a surgery center for young people.

Preservationists Strike Up Battle Hymn

The Memphis City Council’s 10-2 vote Tuesday to approve plans for a CVS drug store on the corner of Union Avenue and Cooper Street seems to mean the demolition of Union Avenue United Methodist Church.

Losing Candidates File Suit Over Election Results

Before the polls closed Aug. 5, a clearly dismayed Shelby County Election Commission chairman Bill Giannini talked about the inevitability of some aspect of holding an election going wrong.

Edward Jones Set To Expand In Memphis

Financial services firm Edward Jones is preparing to triple its presence in the Memphis region.

Agent Launches New Realty Board

Five months after clashing with the Memphis Area Association of Realtors, real estate agent Larry Mayall has formed an independent realty organization.

USGBC Sharpens Green Building Focus

Sustainability remains a buzzword in the building trade, but industry professionals emphasize that it’s more than a passing trend – green design is here to stay.

Vacant Midtown Garage, Motel Could Get New Life

Most who drive by the vacant parking garage at Madison Avenue and Pauline Street aren’t even aware there are motel rooms atop the garage.

Festival Highlights Memphis-India Connections

When Memphians talk about India, two subjects almost always come up – overseas call centers and the film “Slumdog Millionaire.”

Memphian Pens Sleep Self-Help Book

Dr. Karin Thompson would prefer her new book on post-traumatic insomnia end up on somebody’s nightstand than a medical library.

Hard Work at Core Of Ellis’ Practice, Charter Commission Leadership

Reaching for the stars and working tirelessly are trademarks of Memphis attorney Julie Ellis.

Moving From Home Sweet Home

Ray’s Take: Aging isn’t easy. Slowly and surely, the accomplishments you made early in life, such as getting a driver’s license, owning your first car, landing your first job, carving the family’s Thanksgiving turkey, seem to be stripped away.

MEMPHIS AREA

FedEx Sues in NYC to Stop Fraud Probe

NEW YORK (AP) – FedEx sued New York Attorney General Andrew Cuomo on Tuesday to stop his fraud probe into the speedy package carrier, saying federal law trumps any state laws he may cite against it.

STATEWIDE

Loan Program to Help Tenn. Businesses Reduce Costs

NASHVILLE (AP) – Gov. Phil Bredesen on Wednesday announced the launch of a $50 million energy efficiency loan program to help Tennessee businesses reduce costs.

REGIONAL

Barbour Adds Synthetic Pot Ban to Special Session

JACKSON, Miss. (AP) — Mississippi Gov. Haley Barbour is asking legislators to outlaw the sale and possession of synthetic marijuana across the state.

Mississippi Unemployment Up in July

JACKSON, Miss. (AP) – Mississippi's unemployment rate for July rose to 11.5 percent.

NATIONAL BUSINESS

Durable Goods Orders Rise 0.3 Percent in July

WASHINGTON (AP) – Companies cut back on their investments in equipment and machines last month as the economic recovery lost momentum.

Mortgage Applications Rise 4.9 Pct. on Low Rates

NEW YORK (AP) – Mortgage applications rose 4.9 percent last week as more borrowers refinanced at the lowest rates in decades.

Wal-Mart Asks Court to Overturn Ruling in Lawsuit

WASHINGTON (AP)Wal-Mart Stores Inc. has asked the Supreme Court to throw out a massive class action lawsuit alleging gender discrimination over pay for female workers.

Analysts Pan Medtronic Fiscal Q1 Performance

INDIANAPOLIS (AP)Medtronic Inc., the world's largest medical device maker, reported fiscal first-quarter earnings Tuesday that left several analysts following the company disappointed and wary of problems like pricing pressure and a utilization slowdown.

AAA: More People Will Hit the Road This Labor Day

DENVER (AP) – More Americans will get away for the Labor Day weekend this year, yet stick closer to home as they try to get the most for their money, AAA said Wednesday.

Recovery in Danger as Firms, Homebuyers Cut Back

WASHINGTON (AP) – The economic recovery appears to be stalling as companies cut back last month on their investments in equipment and machines and Americans bought new homes at the weakest pace in decades.

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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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