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VOL. 126 | NO. 189 | Wednesday, September 28, 2011

New Biz, Relocations on Tap for Poplar Plaza

One of the city’s landmark shopping centers is in the midst of major transformations.

Get Out the Vote

Early voting activity mixed across city

The overall numbers through the first two weeks of early voting seem to indicate a low overall turnout including Election Day in the set of city elections to be decided Oct. 6.

Econ Club Has Speakers On ‘Cutting Edge’

This fall’s slate of speakers coming to the city thanks to the Economic Club of Memphis includes a cyber-security expert, a prominent New York Times business columnist and a former government official who was an early supporter of “Reaganomics.”

Chisholm-Burns Named UTHSC Pharm School Dean

Dr. Marie Chisholm-Burns has been named dean of the College of Pharmacy at the University of Tennessee Health Science Center, making her the first African-American appointed to the position in the college’s 113-year history and only the second African-American to be named a dean in UTHSC history.

Settle Resigns As Chancery Court Questions Get Broader

Chancery Court Clerk Dewun Settle resigned Tuesday, Sept. 27, the day after a Shelby County Commissioner called for a broader investigation of embezzlement allegations in the clerk’s office and a week after an internal county report raised questions about why he didn’t report the problem sooner.

Local Weather
Currently
Memphis, TN
52.0°F
Fair and Breezy
Wind: from the Southwest at 21.9 gusting to 26.5 mph
Humidity: 32%

EVENTS

Talk Shoppe will present “The Mastermind Principle: From the Book ‘Think and Grow Rich’ by Napoleon Hill” Wednesday, Sept. 28, from 9 a.m. to 10 a.m. at the Better Business Bureau, 3693 Tyndale Drive. For more information, call Jo Garner at 482-0354.

more events »

Joe Ford Charged With Theft

Former interim Shelby County Mayor Joe Ford has been charged with theft of property under $10,000, according to a warrant issued Tuesday, Sept. 27.

Stone Joins Metropolitan Bank As Mortgage Specialist

Kent Stone has joined Metropolitan Bank as a mortgage specialist.

LOCAL COLUMNISTS

The Art and Science Of Advertising

Advertising opportunities are plentiful. It can be tough to discern the medium most likely to generate a strong return. Apples-to-apples comparisons are virtually impossible.

Big Corporations and Small-Biz Concepts

I recently read an article in Forbes asking, “Can Entrepreneurship be Taught to Big Business?” It seems that several business schools are trying to find a way to develop a term called “intrapreneurship,” or corporate entrepreneurship.

STATEWIDE

UT, Board of Regents Looking to Cash in on Bond Prices

Leaders at Tennessee's two higher education systems are looking to take advantage of historically low interest rates as a means of funding as much as $1.5 billion in new construction projects on college campuses across the state.

Medical Supplier Hill-Rom Makes Fraud Settlement

KNOXVILLE (AP) – Medical equipment supplier Hill-Rom Company Inc. has agreed in a fraud investigation to pay a $41.8 million settlement that federal prosecutors said is a record civil fraud recovery by the U.S. attorney's office in Knoxville.

Local Governments Face Debt Management Policies

NASHVILLE (AP) – State officials are reminding local governments that they must develop or revise their debt management policies to conform with standards issued by the State Funding Board.

NATIONAL BUSINESS

Report: Consumers Spent Less, Earned Less in 2010

WASHINGTON (AP) – Consumers earned less and spent less for a second straight year in 2010. The government report released Tuesday, Sept. 27, offered a deeper look at how Americans have adjusted their spending after the worst recession since the Great Depression.

Consumers' Confidence Remains Weak in September

NEW YORK (AP) – Consumers' confidence remained weak in September after dropping to a post-recession low during the month before. That's left economists to wonder just what it'll take to get Americans feeling good about the economy again.

Walgreen Fiscal 4th-Qtr Profit Jumps 69 Percent

INDIANAPOLIS (AP) – Drugstore operator Walgreen Co. said Tuesday its fiscal fourth-quarter earnings jumped 69 percent, boosted in part by a gain from the $525-million sale of its pharmacy benefits management business.

Google to Finance Home Solar Systems

NEW YORK (AP) – Google wants to buy solar panels for your house.

OnStar Changes Policies Over Privacy Concerns

ALBANY, N.Y. (AP) – The OnStar automobile communication service used by 6 million Americans is changing its policies after privacy issues were raised over keeping former customers connected and collecting data on driving habits.

Many Cities Imposing Broad Cuts as Revenue Shrinks

WASHINGTON (AP) – More than half of U.S. cities have cut staff, canceled construction projects or raised fees this year, according to a report from the National League of Cities that catalogs the vast damage from shrunken property- and income-tax revenue.

Amazon Expected to Launch Tablet Wednesday

NEW YORK (AP) – Amazon is expected to unveil a tablet computer Wednesday, Sept. 28, picking a fight with Apple Inc. and its iPad. The iPad has many challengers, but analysts say Amazon's could be different – it has a chance to be more than a wannabe.

Wal-Mart Stores Says Castro-Wright Retiring

BENTONVILLE, Ark. (AP) Wal-Mart Stores Inc. announced Tuesday that one of its key executives, Eduardo Castro-Wright, will retire in 2012.

NATIONAL POLITICS

US Court to Review Rules for Some Deportations

WASHINGTON (AP) – The U.S. Supreme Court has agreed to hear the Obama administration's appeal of lower court rulings in favor of immigrants who were seeking to avoid being deported.

High Court to Decide Lawyer Immunity Question

WASHINGTON (AP) – The Supreme Court prepared for its fall session Tuesday by announcing seven new cases it will hear next year, including one that will determine whether private lawyers hired as outside counsels for governments can be sued.

Judge Refuses to Extend Sale Timeline for Solyndra

WILMINGTON, Del. (AP) – A Delaware bankruptcy judge on Tuesday refused to extend the sale timeline for failed solar-panel manufacturer Solyndra LLC, which received a half-billion-dollar federal loan guarantee and was once touted by President Barack Obama in support of his administration's economic policies.

Fed Dissenter Says Latest Step Won't Help Economy

WASHINGTON (AP) Richard Fisher, president of the Federal Reserve Bank of Dallas, said he opposed the Fed's latest attempt to boost economic growth because he fears it won't work – and it could scare consumers and squeeze bank earnings.

Congress Dodges Shutdown After Disaster Aid Fight

WASHINGTON (AP) – In agreeing to an emergency spending bill to avoid a government shutdown, Congress achieved the bare minimum while finessing a fight over whether emergency disaster aid ought to be paid for with cuts elsewhere in the budget.

REAL ESTATE

Spring Buying Boosts US Home Prices for 4th Month

WASHINGTON (AP) – The depressed housing market flashed a positive signal in July, with home prices in most major U.S. cities rising for the fourth straight month

Report: Poor Review of BofA Mortgage Settlements

WASHINGTON (AP) – The Federal Housing Finance Agency failed to adequately oversee settlements between mortgage giants Fannie Mae and Freddie Mac and Bank of America, a government watchdog said Tuesday.

HEALTH CARE

Analysis: Democrats Hit Reset on Health Care

WASHINGTON (AP) – Weary of getting pounded over the new health care law, Democrats are hitting the reset button for next year's elections.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 46 229 20,995
MORTGAGES 74 248 24,609
FORECLOSURE NOTICES 0 27 8,637
BUILDING PERMITS 282 641 42,978
BANKRUPTCIES 61 177 14,079
BUSINESS LICENSES 12 58 6,459
UTILITY CONNECTIONS 29 114 13,625
MARRIAGE LICENSES 20 67 5,136

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