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VOL. 123 | NO. 154 | Thursday, August 7, 2008

Beale Street Landing, Parks Highlight RDC’s Future

The Riverfront Development Corp.’s latest annual report is out. It includes short profiles of more than a dozen Memphians with various ties to Downtown and who enjoy the riverfront in a variety of ways.

Tentative Pact In Bass Pro Pyramid Contract Talks

The joint city county Pyramid reuse committee was told Thursday afternoon that Bass Pro Shops has agreed “in word and deed” to what the committee’s attorney described as a “pre development agreement.”

Commission Delays Courtroom Security Resolution

Budget shortfalls are a main reason Shelby County judges could begin seeking alternative courtroom security arrangements.

Ghost River Enters Microbrew World

The roots of Chuck Skypeck’s passion for handcrafted beer dates back to the late 1980s, when he began brewing at home and sharing his libations with a handful of other homebrewers at gatherings around town.

Cash Prepares for New School Year

In less than a month on the job, Memphis City Schools superintendent Dr. Kriner Cash has restructured the school system’s top ranks and proposed eliminating 142 management positions. He’s talked compromise with Memphis City Council members and prepared for the opening of schools later this month.

Local Weather
Currently
Memphis, TN
63.0°F
Thunderstorm in Vicinity
Wind: South at 6.9 mph
Humidity: 90%

EVENTS

The Mid-South Area Business Travel Association will hold a luncheon today from 11 a.m. to 1 p.m. at Fleming’s Prime Steakhouse, 6245 Poplar Ave. The luncheon topic will be “The Economy’s Impact on Business Travel.” Cost is $25 for members and $40 for guests. For more information, visit www.msabta.com.

more events »

Freddie Mac Swings to Q2 Loss

NEW YORK (AP) – Freddie Mac on Wednesday posted a second-quarter loss more than three times larger than Wall Street expected as more homeowners fell behind on their mortgages.

Butler Snow’s McAnally Receives Pro Bono Award

Melody McAnally is an attorney with the Memphis office of Butler, Snow, O’Mara, Stevens & Cannada PLLC where she practices in commercial litigation. She recently received the Mississippi Volunteer Lawyers Project (MVLP) Curtis E. Coker Access to Justice Award at the annual convention of the Mississippi Bar Association.

First Horizon Shares Fall with Broader Sector

NEW YORK (AP) - Shares of regional bank First Horizon National Corp. tumbled Wednesday morning as the broader financial services sector fell sharply amid renewed concerns about the health of the mortgage and credit markets.

European Regulators Approve Delta-Northwest Deal

ATLANTA (AP) - European regulators said Wednesday they have cleared Delta Air Lines Inc.'s proposed acquisition of Northwest Airlines Corp.

Retailers Amp Up Promotions for Back-to-School

NEW YORK (AP) - Retailers preparing for a difficult back-to-school season are getting creative in their attempts to entice shoppers into the stores - aggressively introducing new products, slashing prices and amping up marketing in the battle for parents' bucks.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 66 418 4,451
MORTGAGES 73 475 5,333
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 158 814 9,747
BANKRUPTCIES 44 285 3,467
BUSINESS LICENSES 26 163 1,735
UTILITY CONNECTIONS 37 271 3,783
MARRIAGE LICENSES 21 99 1,024

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The Memphis News: Business, politics, and the public interest.