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VOL. 124 | NO. 181 | Tuesday, September 15, 2009

UPDATE: Council Completes Action On Metro Charter Group

Jefferson Survives as City Attorney -- Saino Appointment Defeated

The Memphis City Council has approved the creation of a Metro Charter Commission.

Byrd Enters 2010 Race for County Mayor

Seven years after he first ran for Shelby County mayor but reluctantly called off his bid, longtime Bartlett banker Harold Byrd is back.

Ex-NBA Player Gets $1.5M in RMK Fund Dispute

Four-time NBA champion Horace Grant has won almost $1.5 million in an arbitration claim he filed over his losses in the RMK funds.

Today’s Council Activities Expected to Be ‘Ugly’

One of the final battles in a political war that’s engulfed the city’s legal division since August is likely to get under way today.

Wright Gains FDA Nod for Trials of Bone Graft Product

Wright Medical Group Inc. is a step closer to full market launch of a new biologics product to promote bone growth.

Local Weather
Memphis, TN
Wind: South at 12.7 mph
Humidity: 77%


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

more events »

Old Steak & Ale Gives Way To Seafood Grill

With hopes of “bringing Destin to Memphis,” the owner of Sharky’s Gulf Grill at 6201 Poplar Ave. is counting down the days until his seafood restaurant opens.

Latino Rights Leader To Speak at CBU

Jose A. Velazquez, a former Memphian who now leads the nation’s largest Latino civil rights organization, will speak tonight at Christian Brothers University to kick off a community discussion on Hispanic issues.

It’s Now or Never for Voter Registration

Today is the last day to register to vote in the Oct. 15 special mayoral election.

Louisiana Investor Buys Arlington Retail Center

6050 Air Line Road, Arlington, TN 38002, Sale Amount: $1.8 Million -
Southeast Investments LLC of Slidell, La., has bought a 23,952-square-foot retail center at 6050 Air Line Road in Arlington for $1.8 million in a deed in lieu of foreclosure.


Tenet Raises Full-Year Outlook

DALLAS (AP) – Hospital operator Tenet Healthcare Corp. raised its estimates for 2009 on Monday, saying business in the third quarter has been stronger than expected. Tenet is the parent company of Saint Francis hospitals in Memphis and Bartlett.


Tupelo Trucking Company Continues to Grow

TUPELO, Miss. (AP) - A family-run freight brokerage business that started in Tupelo in 1990 has become bigger than its owners ever dreamed, and it's still growing.

Vote on Sunday Alcohol in Tupelo Tuesday

TUPELO, Miss. (AP) - Tupelo residents could learn Tuesday if Sunday alcohol sales will be allowed in the city's restaurants and stores.


Ketchel Hired as Spokeswoman for Tenn. GOP

NASHVILLE, Tenn. (AP) - The Tennessee Republican Party has hired a former staffer for U.S. House GOP leader John Boehner as its new spokeswoman.

Ash Spill Community to Get $40M to Restore Image

KINGSTON, Tenn. (AP) - The Tennessee Valley Authority will provide $40 million to help restore the image and economy of a Tennessee community that suffered a massive coal ash spill from a TVA power plant.


Judge Rejects Deal Between SEC, BofA Over Bonuses

NEW YORK (AP) - A federal judge has rejected a $33 million settlement between the U.S. Securities and Exchange Commission and Bank of America over bonuses paid by Merrill Lynch.

Risk-taking is Back for Banks One Year after Crisis

NEW YORK (AP) - A year after the financial system nearly collapsed, the nation's biggest banks are bigger and regaining their appetite for risk.

Bailed-Out Companies Detail New Expense Policies

WASHINGTON (AP) - Companies that received billions of dollars of government aid have published policies meant to limit lavish expenses, new rules that follow reports of costly private jets, spa retreats and other corporate excess at firms receiving taxpayer money.

Obama Touts Wall St. Changes on Lehman Anniversary

WASHINGTON (AP) - President Barack Obama is going to Wall Street on the first anniversary of the Lehman Brothers collapse to outline financial changes to avert a future crisis like the one that sent the global economy into a tailspin.

AP Poll: A Year Later, Worries Linger on Economy

WASHINGTON (AP) - One year after Wall Street teetered on the brink of collapse, seven out of 10 Americans lack confidence the federal government has taken safeguards to prevent another financial industry meltdown, according to a new Associated Press-GfK poll.

Fed's Steps to Aid Banking System Raise Risks, Too

WASHINGTON (AP) - The Federal Reserve's bold steps to prevent the banking industry from collapsing last year have injected new dangers into the financial system.

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MORTGAGES 99 439 16,005
BUILDING PERMITS 233 998 28,755
BANKRUPTCIES 49 276 8,926

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