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VOL. 126 | NO. 176 | Friday, September 9, 2011

Methodist Selects OB Hospital Build Team

Methodist Le Bonheur Healthcare has announced it has selected the design and construction team to build its new $137 million hospital in Olive Branch, and that the team is expected to break ground on the project Oct. 19.

Political Hobnobbing

Candidates gather at AutoZone Park to mingle with crowd

The group of around 100 people in the plaza of AutoZone Park Wednesday, Sept. 7, led a few passersby to think a ballgame was under way.

Substantial Deal Inked By Ontario-Based Manufacturer

A substantial lease has been signed in a formerly distressed southwest Memphis industrial park that has made leaps and bounds since it was purchased by an out-of-town investor earlier this year.

Pickler Picks Five for Consolidation Commission

Shelby County Schools Board chairman David Pickler has selected the mayor of Bartlett, a county schools parent, the longtime head of the Shelby County Education Association, a reitred county schools administrator and a former Shelby County commissioner to serve on the schools consolidation planning commission.

Commissioners Hear School Board Applicants

The Shelby County Commission’s 10-hour interview session this week with several dozen applicants for appointment to seven positions on the new countywide school board was, at times, more of an education for them than it was an introduction of them to the commission.

Local Weather
Currently
Memphis, TN
58.0°F
Fair
Wind: Southwest at 11.5 mph
Humidity: 38%

EVENTS

Literacy Mid-South, Memphis City Schools and The United Way will present an Advanced Tutor Training Brown Bag Lunch Series Friday, Sept. 9, from 11:30 a.m. to 1 p.m. at Memphis City Schools Teaching & Learning Academy, 2485 Union Ave. Dr. Beverly Cross, Lillian Morrie Moss Chair of Excellence in Urban Education at the University of Memphis, will speak on the topic “Building Effective Tutor/Student Relationships.” For more information or reservations, contact Marilyn Rabinowitz at mrabinowitz@literacymidsouth.org or 327-6000, ext. 1009.

more events »

Tennessee Center Reports Hospital Safety Improvements

Patients at Tennessee hospitals are safer on several key measures today than they were three years ago, according to information from the Tennessee Center for Patient Safety.

Delta Moves Ahead With Memphis Cuts

Labor Day isn’t just the end of summer. It is traditionally the end of the summer travel season for airports and airlines. There is another shorter travel season in October going into the holiday travel season including Thanksgiving.

Ellis Joins Kelman-Lazarov As Client Services Rep

Kristen Mattingly Ellis has seen a whirlwind of personal and professional change over the past few months.

LOCAL COLUMNISTS

Coming Home

MEMPHIS FROM THE BEACH. As you read this, I’m probably on the beach, keeping the sand out of my beer and helping my dogs stare at the ocean. It’s a big ocean – big enough to help you forget whatever you were so worried about a couple of days ago.

Federal Grants in Changing Times (Part 3)

Part three in a four-part series Federal grants play a major role in the funding of nonprofit organizations and institutions. Likewise, grant recipients play a major role in helping federal agencies fulfill their missions. While this has been true in the past, changes in the political environment and the national and global economy are impacting these partnerships and the funding that goes along with them.

STATEWIDE

Conservative Group Head Blasts Tenn. BlueCross Diversity

NASHVILLE (AP) – The head of a conservative group berated BlueCross BlueShield of Tennessee for showing a "cultural acceptance of homosexual conduct" in dealing with suppliers. A spokeswoman for the state's largest insurer said its commitment to diversity was nothing new.

REGIONAL

State of Ark. Declared Agricultural Disaster Area

LITTLE ROCK, Ark. (AP) – Arkansas has been declared an agricultural disaster area after bouts of severe weather devastated farmers across the state.

NATIONAL BUSINESS

Consumer Borrowing Up for 10th Straight Month

WASHINGTON (AP) – Americans borrowed more money in July than any other month in more than three years. But they cut back on using their credit cards.

Wal-Mart Brings Back Layaway for Holiday Shoppers

NEW YORK (AP) – Wal-Mart is bringing back something its customers have been asking for since the Great Recession: layaway.

Activist Buys Up Stake in Yahoo, Slams Board

LOS ANGELES (AP) – An activist investment fund disclosed Thursday that it has bought a 5.2 percent stake in troubled Web portal Yahoo Inc. and called for sweeping changes to the board.

Twitter Expanding the Number of Ads Shown to Users

SAN FRANCISCO (AP) – If you're on Twitter, expect to see more ads flowing through your stream of tweets in the next few months.

Google Reveals Energy Use to Show Search is Green

NEW YORK (AP) – Stung by concerns that using Google is bad for the planet, the Internet search giant has revealed exactly how much electricity the company uses and how much greenhouse gases it produces in an effort to show its business model is environmentally friendly.

More People Applied for Unemployment Benefits

WASHINGTON (AP) – The number of people seeking unemployment benefits ticked up slightly last week, evidence that the job market isn't improving.

US Trade Deficit Narrowed to $44.8 Billion in July

WASHINGTON (AP) – A record level of exports and a drop in oil prices narrowed the U.S. trade deficit in July to its lowest point in three months. The jump in exports could give the economy a lift at time when it is at risk of another recession.

Certain Dollar General Holders to Sell 25M Shares

NEW YORK (AP)Certain Dollar General Corp. shareholders are selling 25 million shares of the discount store operator's stock.

NATIONAL POLITICS

Congressional Debt Reduction Panel Kicks Off Work

WASHINGTON (AP) – In an early show of optimism, Republicans and Democrats on a powerful committee charged with cutting deficits pledged Thursday to aim higher than their $1.2 trillion target, work to boost job creation and reassure an anxious nation that Congress can solve big problems.

Bernanke Offers No Hints of Further Aid to Economy

WASHINGTON (AP) – Federal Reserve Chairman Ben Bernanke said Thursday that he's surprised by how cautious consumers remain more than two years since the recession officially ended. But he offered no hints of further steps the Fed might take to try to boost the weak economy.

Senate Nears Final Vote on Patent Overhaul Bill

WASHINGTON (AP) – The most significant overhaul of the patent system in six decades awaited final congressional action Thursday as supporters said the legislation could make it easier for innovators to get their products to market and put more people to work.

REAL ESTATE

30-Year Mortgage Falls to 4.12 Pct., Record Low

WASHINGTON (AP) – Fixed mortgage rates fell this week to the lowest levels in six decades. But few Americans can take advantage of the rates to refinance or buy a home.

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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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