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VOL. 123 | NO. 171 | Tuesday, September 2, 2008

MLGW Lets Lee off Legal Fee Hook

Memphis Light, Gas and Water Division is poised to pay several hundred thousand dollars in legal fees incurred by its former president and CEO Joseph Lee over the past year.

Homebuilding Remains Strong In Winstead Farms

In 1971, six years before the city of Lakeland was founded as an amusement park, Bobby Winstead’s father had the foresight to buy a large piece of land on the north side of U.S. 70, east of Canada Road.

Workshop Participants Find Power of Words

She gives voice to those who sometimes feel like their voice has been taken from them. At least once a week, those who participate in local writer Ellen Prewitt’s group feel their voice does matter.

Council Ballot Whittled to Four

When union leader Paul Shaffer and Midtown neighborhood activist Mary Wilder had lunch last week, the two had something in common to discuss.

Gatewood’s Ballot Fate May Be Decided Today

What if there was an election and no one was on the ballot?

Local Weather
Memphis, TN
Wind: Calm mph
Humidity: 100%


The East Memphis Kiwanis Club will meet today at noon at The Racquet Club of Memphis, 5111 Sanderlin Ave. Clark Converse with La Paloma Treatment Center will speak. For more information or reservations, e-mail Mathis Young at mathis.young@bankparagon.com.

more events »

July Incomes Drop By Largest Amount in 3 Years

WASHINGTON (AP) – Personal incomes plunged in July while consumer spending slowed significantly as the impact of billions of dollars in government rebate checks began to wane.

Barboro Alley Flats Construction to Begin Oct. 1

100 S. Main St., Memphis, TN 38103, Permit Amount: $5.5 Million -
The infamous giant hole at 100 S. Main St. finally has a purpose and someone to fulfill it – or, as the case may be, to fill it.

Spring's Economic Rebound Unlikely to Last

WASHINGTON (AP) - The economy pulled out of a dangerous rough patch in the spring, thanks largely to strong exports, but the rebound isn't expected to last. Economic slowdowns overseas could make exports tail off just as Americans are hunkering down after the bracing impact of rebate checks wanes, plunging the country into another rut later this year.

UPS, FedEx Prepare Ahead of Tropical Storm Gustav

NEW YORK (AP) - Shippers UPS Inc. and FedEx Corp. said Thursday they are making plans to implement contingency procedures in the event Tropical Storm Gustav hits the U.S.

Banks Borrow More from Fed; Wall Street Takes Pass

WASHINGTON (AP) - Banks borrowed more over the past week from the Federal Reserve's emergency lending program, while Wall Street firms passed for the fourth straight week.

Boeing Sends Machinists Final Offer

Boeing Co. delivered a final contract offer to its union machinists Thursday that it said would boost pay by 11 percent on average over three years, the latest effort by the airplane maker to avoid a strike which could cost the company millions of dollars a day.

Machinist Union Rejects Boeing Contract

SEATTLE (AP) - The machinists union has rejected Boeing's final contract proposal and has called for a strike.

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Blog News, Training & Events
PROPERTY SALES 80 401 13,843
MORTGAGES 99 439 16,005
BUILDING PERMITS 233 998 28,755
BANKRUPTCIES 49 276 8,926

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