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VOL. 124 | NO. 169 | Friday, August 28, 2009

UPDATE: Bailey Resigns Circuit Court Seat

Circuit Court Judge D’Army Bailey is resigning after 19 years on the bench. Bailey announced his resignation effective Sept. 15 in a letter Friday to Gov. Phil Bredesen.

Carpenter Pledges MPD Changes; Wharton’s Support Grows

For the past two years there has been a steady political drumbeat to increase the number of officers on the Memphis police force. Few have ignored it.

County Commission Preps For Consolidation Vote

Shelby County Mayor A C Wharton Jr. already has a list of possible nominees to a Metro Charter Commission. The names have been submitted by Shelby County Commissioners.

Owens Corning Plans $22.2M Investment In Memphis Facility

Owens Corning, the Toledo, Ohio-based manufacturer of residential and commercial building materials, is planning to spend millions of dollars to beef up its roofing and asphalt plant in Memphis.

Developer Files For Chapter 7 Protection

Robert G. “Bob” Williams Jr., the developer of numerous Downtown condominium and mixed-use projects, has filed for Chapter 7 bankruptcy protection after amassing a host of business debts.

Local Weather
Currently
Memphis, TN
46.0°F
Fair
Wind: West at 4.6 mph
Humidity: 56%

EVENTS

Dr. Buzz Aldrin will discuss and sign his book “Magnificent Desolation” today from 5 p.m. to 7 p.m. at Davis-Kidd Booksellers, 387 Perkins Road Extended. For more information, call 683-9801.

more events »

Deadline Nears for Medicare Policy Input

As the debate about health care reform rages on with emotional town hall meetings hosted by members of Congress, another public comment process is about to end with sooner ramifications for doctors, hospitals and patients.

Youth Jobs Program’s Growth Leads to Pay Problems

When reporters showed up at City Hall Wednesday, a dry erase board was still on an easel in the mayor’s conference room.

Accused Financier Stanford Hospitalized

HOUSTON (AP) – Texas financier R. Allen Stanford, jailed on charges of bilking investors out of $7 billion, has been hospitalized with an irregular heartbeat and high pulse, the judge in his case said Thursday.

Chumney Readies ‘Grassroots’ Campaign for Mayor

While her fellow mayoral contenders have spent the past week or so shaking hands, giving interviews, knocking on doors and making calls, Carol Chumney has not been as visible on the campaign trail.

Shelby County Unemployment Unchanged in July

County non-seasonally adjusted unemployment rates for July show the rate increased in 14 counties, decreased in 78 counties and remained the same in three counties, according to the Tennessee Department of Labor & Workforce Development. Shelby County’s unemployment rate remained unchanged from June at 10.4 percent.

Economy's Small Drop in Q2 Hints Recession Ending

WASHINGTON (AP) – Further evidence the recession is ending came in a report Thursday confirming that the economy shrank at an annual rate of just 1 percent in the spring.

Gov't Addresses 'Robocall' Annoyance With New Ban

Americans tired of having their dinners interrupted by phone calls touting car warranties or vacation packages will soon get some relief.

Banks Trim Borrowing From Emergency Fed Program

WASHINGTON (AP) – Banks reduced their borrowing from a Federal Reserve emergency lending program for the third straight week, a sign the institutions are having an easier time getting credit from private markets.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 109 490 20,766
MORTGAGES 131 556 24,361
FORECLOSURE NOTICES 6 61 8,610
BUILDING PERMITS 294 1,204 42,337
BANKRUPTCIES 63 348 13,902
BUSINESS LICENSES 18 97 6,401
UTILITY CONNECTIONS 41 216 13,511
MARRIAGE LICENSES 14 78 5,069

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