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VOL. 123 | NO. 173 | Thursday, September 4, 2008

Rock Star vs. Maverick

Obama-McCain race heats up in Tennessee

Newsweek magazine senior editor and columnist Jonathan Alter came to Memphis in November 2006 to plug his new book on the presidency of Franklin D. Roosevelt, “The Defining Moment: FDR’s Hundred Days and the Triumph of Hope.”

Jackson’s Election Signals Change In Clerk’s Office

Shelby County General Sessions Court Clerk Otis Jackson Jr. turned 48 this week and walked into the clerk’s office for the first time as the clerk.

Gatewood Stays On School Board Ballot

Memphis City Schools board member Stephanie Gatewood kept her place on the Nov. 4 ballot, and her only potential challenger lost a last-minute attempt Tuesday to get on the ballot.

Texas Investor Buys Two Parkway Village Shopping Centers

With the purchase of two Parkway Village shopping centers, a Texas investor has moved closer to his goal of owning a million square feet of commercial real estate in Memphis.

Blatteis Brings Bilingual Consular Practice To Burch, Porter & Johnson PLLC

Charles S. Blatteis has joined the firm of Burch, Porter & Johnson PLLC as a member. Blatteis has an “international consular” legal practice, in which he works as a consulting attorney for various foreign consulates, including Mexico and Peru. He is a first-generation American, and is fluent in Spanish and speaks conversational French as well.

Local Weather
Currently
Memphis, TN
79.0°F
A Few Clouds
Wind: South at 11.5 mph
Humidity: 79%

EVENTS

The Mid-South Area Business Travel Association will hold a luncheon today from 11:30 a.m. to 1 p.m. at Fleming’s Prime Steakhouse, 6245 Poplar Ave. My Harrison, special agent in charge of the Memphis Field Office of the FBI, will discuss safety and security. Cost is $25 for members and $40 for guests. For more information, visit www.msabta.com.

more events »

Factory Orders See Wide Gains

WASHINGTON (AP) – Orders to U.S. factories rose by a larger-than-expected amount in July as demand for commercial aircraft, heavy machinery and iron and steel all posted solid gains.

Freddie Mac Sells $3B in Two-Year Debt

WASHINGTON (AP) - Mortgage finance company Freddie Mac sold $4 billion in debt this week at prices that show investors' fears about the company are still elevated, but lower than last month.

Two Brokers Accused of $1B Subprime Fraud

WASHINGTON (AP) - Federal prosecutors and regulators Wednesday accused two former Wall Street brokers of defrauding customers by making more than $1 billion in unauthorized purchases of securities tied to subprime mortgages.

Think You're a Trader? IRS May Disagree

Even if you make hundreds of stock-market trades a year, that doesn't automatically make you a trader - at least in the eyes of tax collectors. And that means you wouldn't be eligible for certain breaks that traders can take.

Google Redefines Web Browser

Google has introduced a new Web browser, called Chrome, aimed at wresting dominance of the browser market from Microsoft's Internet Explorer. The move takes the Google-Microsoft rivalry to a whole new level. If Google succeeds, it will be a big deal, with major ramifications for the future of the Web.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 97 140 16,020
MORTGAGES 95 145 18,537
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 323 323 32,794
BANKRUPTCIES 65 121 10,621
BUSINESS LICENSES 29 58 5,144
UTILITY CONNECTIONS 38 90 11,307
MARRIAGE LICENSES 23 60 3,833

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