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VOL. 125 | NO. 173 | Tuesday, September 7, 2010

Ford’s Pension: $747 a Month

The Shelby County Retirement Board has awarded former interim mayor Joe Ford a monthly pension of a little more than $747.

Giving Back

Initiative helps longtime nonprofit

Corporate giving is alive in Memphis despite the economy.

Banking Shows Quarterly Improvement

Tennessee’s banking industry is coming back to life, with robust profit and balance sheet improvement to show for it.

Conference Helps Create Sustainable Communities

An upcoming conference will highlight the partnerships among the local, state and federal stakeholders working to make communities more sustainable.

Blues Foundation Eyes Permanent Digs

The Blues Foundation, the organization that keeps Memphis at the forefront of the music genre, wants a lasting home in the city.

Local Weather
Currently
Memphis, TN
92.0°F
A Few Clouds
Wind: Southwest at 3.5 mph
Humidity: 46%

EVENTS

Small Biz Memphis will host the Cordova/Bartlett and East Memphis/Midtown Business Builders Circle meetings Tuesday and Wednesday, respectively, from 7:45 a.m. to 9 a.m. at 1661 International Drive, suite 400. The Germantown/Collierville meeting will be held Thursday at 7:45 a.m. at 2176 West St. For more information, call 205-9303.

more events »

Public Employees Challenge Politicians’ Ideas

Memphis City Council member Jim Strickland has withdrawn a proposal to solicit bids by nonprofit organizations to run some of the city’s community centers.

State Systems Promotes Safety with First Aid Division

Dave Tamburrino, director of warehouse operations at Kele Inc., a HVAC control products distributor in Bartlett, realized that having first aid kits on the walls was common sense.

What Are You Telling Yourself?

Entrepreneurs can get themselves into trouble because they just won’t tell themselves the truth but, rather, an incomplete version that leaves off the reality sentence of the story.

Galloway Gardens Apartments Sells for $1.1 Million

1565 Galloway Ave., Memphis, TN 38112, Sale Amount: $1.1 Million -
Galloway Gardens LLC has bought the 45-unit Galloway Gardens Apartments from California-based Steve Benetti and Virginia Benetti for $1.1 million. The complex, which was built in 1970, sits in the Evergreen Historic District in Midtown, on the south side of Galloway Avenue between North Willett Street to the west and North Avalon Street to the east.

‘No’: A Blessing Disguised as Rejection

Nothing shortens the sales cycle more dramatically than getting to the right person right off the bat.

THE MEMPHIS NEWS

Fan Friendly

The Mid-South Fairgrounds may be the most unlikely landscape for a civic project that has succeeded in catching the eye of skeptical Memphians.

Marina Cove Renewal Could Spark Hickory Hill

The plans for the decaying Marina Cove Apartments in Hickory Hill would be ambitious even in better economic times.

City Works to Resolve MCS Funding Issue

The Tennessee Supreme Court has made its long-awaited decision in the Memphis school funding case. The decision is not to hear the appeal of the city of Memphis.

Germantown’s ‘Godspell’ Steeped With Everyday Life

It’s not uncommon for theater directors to couch old standards in new, quirky settings, but when quirks are a play’s hallmark, sometimes simplicity makes for a welcome change.

Ishii Celebrates 10 Years of SPR

The waiter at Sekisui Pacific Rim brings to the table a large bowl brimming with a rich broth filled with sauteed soba noodles, shrimp, scallops and crawfish, and explains that it’s the lunchtime-sized serving.

Port House Shines With Twisted 2007

About 20 or 25 years ago, producers of vintage port – made in Portugal’s Douro Valley – faced a crisis: Their sweet, intense, fortified, long-lived after-dinner wines, prestigious, rare and costly, were falling out of favor. How, the question was, could these primarily family-owned concerns continue making vintage port and still make profits?

NATIONAL BUSINESS

Companies Add 67K Workers, but Jobless Rate Rises

WASHINGTON (AP) – Private employers hired more workers over the past three months than first thought, a glimmer of hope for the weak economy ahead of the Labor Day weekend. But the unemployment rate rose because not enough jobs were created to absorb the growing number of people looking for work.

Service Sector Grows at Slower Pace in August

NEW YORK (AP) – The U.S. service sector, the nation's predominant job generator, expanded for the eighth straight month in August although the pace of growth slowed, according to a trade group survey.

NATIONAL POLITICS

Obama: New Jobs Numbers 'Positive' but Not Enough

WASHINGTON (AP) – President Barack Obama says that a new jobs report showing private sector growth in August is positive but more needs to be done for the economy.

Obama Planning New Package of Economic Aid

WASHINGTON (AP) – Eager to jumpstart the economy ahead of crucial midterm elections, President Barack Obama said Friday he intends to unveil a new package of proposals, including tax cuts and targeted spending, to spark job growth.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 90 140 15,764
MORTGAGES 100 162 18,210
FORECLOSURE NOTICES 0 13 2,418
BUILDING PERMITS 194 315 32,829
BANKRUPTCIES 57 116 10,129
BUSINESS LICENSES 25 50 5,228
UTILITY CONNECTIONS 35 64 6,213
MARRIAGE LICENSES 26 50 3,463

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