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VOL. 124 | NO. 188 | Thursday, September 24, 2009

UPDATE: Herenton Income To Be Examined In Child Support Petition

The mother of a 4-year-old child who is the son of former Memphis Mayor Willie Herenton wants to know more about how he makes his money now that he’s out of work.

City Closer to Erasing Public Housing

On paper they’re called mixed-finance properties. A smaller front in the city’s 10-year effort to change the face of public housing in Memphis, they are the sites of four smaller public housing projects in different parts of the city, ranging from 100 units to nearly 300.

School Security Guard Shoots Car of Mayor’s Wife

A Memphis City Schools security guard used his black and gray Smith and Wesson .40-caliber gun to fire two shots at a pair of pit bull dogs near an MCS office Tuesday afternoon.

CN Renames Yard After Harrison

Canadian National Railway Co. has renamed its Johnston Yard freight car switching facility after retiring CEO and native Memphian E. Hunter Harrison following a $100 million renovation of the yard.

MED Eyes Mississippi for Funds, Arkansas Comes Through

Arkansas has notified The Regional Medical Center at Memphis it will send $2.3 million to offset the cost of taking care of uninsured patients from that state, and now hospital officials are hopeful Mississippi will provide funding.

Local Weather
Currently
Memphis, TN
45.0°F
A Few Clouds
Wind: Northwest at 13.8 mph
Humidity: 61%

EVENTS

The Greater Memphis Chamber will hold a breakfast forum today from 7:30 a.m. to 9 a.m. at The Peabody hotel, 149 Union Ave. Memphis City Schools Superintendent Kriner Cash will give a speech titled “Update on the State of the District.” Cost is $20 for members and $30 for nonmembers. For reservations, contact Ericka Milford at 543-3518 or emilford@memphischamber.com.

more events »

Carpenter Presents Single-Source Plan With 12-Cent County Tax Hike

Shelby County Commissioner Mike Carpenter has proposed a four year transition to single-source local education funding that would mean two county property tax hikes totaling 12 cents, a city of Memphis property tax reduction and $34 million more in funding for Shelby County schools.

Dalai Lama Calls For "Inner Peace" In Accepting NCRM Award

The Dalai Lama toured the National Civil Rights Museum Wednesday and stood and prayed on the balcony where Dr. Martin Luther King Jr. was assassinated.

Retreat Designed To Spur Civility Among Lawyers

The Memphis Bar Association’s Leadership Forum held its kickoff retreat Friday at the Lichterman Nature Center. The forum had filled all of its 25 spaces during its application period in August, and provided a place for the 2009-2010 class to meet and take part in social projects.

Goodwyn Condos In Foreclosure

Chalk up another victim to the continuing real estate crisis, this time the Goodwyn Condominiums at 127 Madison Ave.

Chandler Reports Unveils New Offerings

Real estate information company Chandler Reports, www.chandlerreports.com, has enhanced its subscription plan by allowing users to access the site from any computer with a single license.

‘Memphis’ Musical Takes Deep-Pocketed Chance

Broadway producer Sue Frost was so excited to get a shipment of barbecue recently from John Vergos, whose family owns the famed Rendezvous restaurant in Memphis, that she devoured it the next day.

Susser Reflects on 15 Years in Immigration Law

Lynn Susser, managing partner of Siskind Susser LLP, has been selected for inclusion in the 2010 edition of The Best Lawyers in America in immigration law.

MEMPHIS AREA

Union: Regional Airlines Pressure Pilots

WASHINGTON (AP) — The regional airline that operated a plane that crashed and killed 50 people in upstate New York has been pushing pilots to fly even if they say they are too sick or too tired, a union official told Congress on Wednesday.

AutoZone Q4 Profit Slips, Misses View

Memphis-based auto parts retailer AutoZone Inc. reported Wednesday its fiscal fourth-quarter profit fell 3.1 percent, missing Wall Street expectations on tough comparisons to a prior-year period that included an extra week of sales.

NATIONAL POLITICS

Fed Slows $1.45T Program to Aid Housing Market

WASHINGTON (AP) — With the U.S. economy on the mend, the Federal Reserve on Wednesday said it is slowing the pace of a program to lower mortgage rates and prop up the housing market.

Proposal Would Limit Scope of New Oversight Agency

WASHINGTON (AP) — Ceding ground amid growing business opposition, the Obama administration on Wednesday signaled a willingness to exempt retailers, real estate brokers, lawyers, auto dealers, cable companies and accountants from oversight of its proposed Consumer Financial Protection Agency.

NATIONAL BUSINESS

Where Will Banks Make Up Lost Overdraft Fees?

NEW YORK (AP) — Banks are backing off harsh overdraft fees and policies. That's the good news. The bad news is they'll probably look to make up that lost profit elsewhere.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 55 55 20,821
MORTGAGES 44 44 24,405
FORECLOSURE NOTICES 23 23 8,633
BUILDING PERMITS 196 196 42,533
BANKRUPTCIES 55 55 13,957
BUSINESS LICENSES 22 22 6,423
UTILITY CONNECTIONS 56 56 13,567
MARRIAGE LICENSES 23 23 5,092

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