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VOL. 125 | NO. 186 | Friday, September 24, 2010

Event Spurs Crosstown Dreams

Some dreamers hope to save the world. Others just want to change one neighborhood for the better.

Cupcake Economics

Affordability, nostalgia drive demand for sweet treat

The products have names like Prozac, Pucker Up and Pumpkin Dream Supreme.

Developers Run With Midtown Dunkin’

Editor’s note: “Inked” is a new column by real estate reporter Sarah Baker on Memphis’ commercial leasing landscape. It will appear each Friday in The Daily News and also in our weekly publication, The Memphis News.

Waddell’s Legacy Will Endure at The Daily News

Lisa Waddell was a career employee at The Daily News, beginning her work here at the age of 19. Her life story is a model of success, embodying striving for excellence through perseverance, patience and wisdom.

Memphis Heritage Cites 1912 Church Lease In CVS Dispute

Attorneys representing Memphis Heritage believe they have found wording in a 1912 deed for Union Avenue Methodist Church that might preserve the church.

Local Weather
Currently
Memphis, TN
38.0°F
Fair
Wind: Calm mph
Humidity: 70%

EVENTS

The Small Business Chamber Breakfast Club will meet Friday from 7:30 a.m. to 9 p.m. at the Office Suites Plus, 6000 Poplar Ave., suite 250. For more information, visit www.smallbusinesschamber.com.

more events »

Southwest Bringing $6M Facility to Fayette

Southwest Tennessee Community College plans to build a $6 million educational institution in Fayette County. The facility will be located about two miles from downtown Somerville on U.S. 64.

South Main Etsy Event Showcases Local Artists

The recession-era culture has seen many consumers shunning big-box retailers and mass-produced goods in favor of independently-owned shops and more sustainable products.

Women Face Challenges in Bioscience Industry

Women are poised to take on bigger roles within bioscience, but they must be prepared for the challenges of a demanding industry.

Proposed Judicial Changes Have Received Little Attention

The proposed consolidation charter on the Nov. 2 ballot would mean a name change for several courts and one less elected court clerk.

Blockbuster’s Chap. 11 Won’t Impact Memphis

NEW YORK (AP)Blockbuster Inc., once the dominant movie rental company in the U.S., filed for bankruptcy protection on Thursday, reeling from mounting losses, rising debt and competitors that have better catered to Americans' changed media habits.

Inexperience No Hurdle for Tri-State Defender’s Smith

When Bernal Smith was asked to be president and publisher of the Tri-State Defender, he was concerned that he did not have ink on his hands or the newspaper business in his blood. In other words, he had little to no relevant experience.

Playing Possum

Pogo is alive, and not well, in Memphis.

NATIONAL BUSINESS

Buffett: Recession Continues, By his Definition

OMAHA, Neb. (AP) – Billionaire Warren Buffett says the economy remains in a recession, by his definition, because most people and businesses still aren't doing as well as they were before the financial crisis.

Average Mortgage Rates Unchanged at 4.37 Pct.

NEW YORK (AP) – Rates on 30-year mortgages this week were unchanged from the previous week, staying slightly above the lowest level in decades.

Home Sales Up 7.6 pct. in August; Sales Still Weak

WASHINGTON (AP) – Sales of previously occupied homes rose last month, but not enough to keep August from being the second-worst month for sales in more than a decade.

Initial Claims for Unemployment Aid Rise to 465K

WASHINGTON (AP) – The tally of newly laid-off workers requesting unemployment benefits rose last week for the first time in five weeks as the job market remains sluggish.

NATIONAL POLITICS

GOP 'Pledge' Makes Closing Argument to Voters

STERLING, Va. (AP) – Pushing toward big gains on Nov. 2, House Republicans promised to end a slew of Democratic policies and restore Americans' trust in government as they rolled out a campaign manifesto designed to show they're listening to an angry public and are focused on creating jobs.

Senate Backs Repeal of SEC Open Records Exemptions

WASHINGTON (AP) – A proposal that would let the public get details on the government's oversight of financial services firms has cleared the Senate.

Congress to Send Small Business Bill to Obama

WASHINGTON (AP) – A long-delayed bill to help struggling small businesses with easier credit and other incentives to expand and hire new workers is poised to clear its final hurdle.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 61 331 19,904
MORTGAGES 80 391 23,305
FORECLOSURE NOTICES 0 83 8,387
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 35 231 13,335
BUSINESS LICENSES 28 76 6,213
UTILITY CONNECTIONS 0 125 13,120
MARRIAGE LICENSES 21 94 4,936

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