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VOL. 123 | NO. 161 | Monday, August 18, 2008

Commission Considers Charter Amendment

The temptation remains for members of the Shelby County Board of Commissioners.

First Horizon’s Incoming CEO Makes Rounds

Bryan Jordan is a little more than two weeks away from moving into the driver’s seat at First Horizon National Corp. But his influence already can be felt throughout the banking company.

Special Election Filing Deadline Approaches

The Nov. 4 ballot will move a step closer to completion this week with Thursday’s noon filing deadline for candidates in the special Memphis City Council election and the races for five of the nine Memphis school board positions.

Southaven Gus’s Goes Cafeteria Style

As Gus’s franchise owners Joe and Belinda Webb celebrate their first year in business, the husband and wife team also is introducing the Southaven community to a new concept for the restaurant.

Industrial Output up 0.2 Percent in July

WASHINGTON (AP) – Industrial output rose in July at a slightly better pace than expected as a further rebound in the auto industry offset a big plunge in output at the nation’s utilities.

Local Weather
Currently
Memphis, TN
46.0°F
A Few Clouds
Wind: South at 6.9 mph
Humidity: 54%

EVENTS

The Engineers’ Club of Memphis Inc. will hold its weekly luncheon today at noon at the Holiday Inn-University of Memphis, 3700 Central Ave. Lewis Wood will speak on the topic “Engineering Ethics.” Cost is $12.

more events »

Banks Borrow More from Fed's Emergency Loan Window

WASHINGTON (AP) - Banks borrowed slightly more over the past week from the Federal Reserve's emergency lending program while Wall Street firms did not draw any loans for a second straight week.

Consumer Prices Surge, Job Market Remains Strained

WASHINGTON (AP) - Inflation is running at the fastest pace in 17 years, the job market is under further strain and foreclosure filings are surging.

Feds: No Sanctions over Children's Insurance

WASHINGTON (AP) - The Bush administration is backing down from a threat to penalize states enrolling middle-class children in a health program intended for the poor.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 393 21,159
MORTGAGES 94 424 24,785
FORECLOSURE NOTICES 0 93 8,703
BUILDING PERMITS 173 1,010 43,347
BANKRUPTCIES 52 292 14,194
BUSINESS LICENSES 15 90 6,491
UTILITY CONNECTIONS 28 167 13,678
MARRIAGE LICENSES 12 89 5,158

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