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VOL. 123 | NO. 155 | Friday, August 8, 2008

Cohen Crushes Tinker - Jackson Upsets Turner - Charter Changes Pass-Fail

The upset of the evening was the general election contest for General Sessions Court Clerk where Democratic challenger Otis Jackson beat Republican incumbent Chris Turner.

Plenty Beneath Surface of MCS Funding Dispute

The Memphis City Schools funding dispute has played out in full view of the public and a lawsuit over the issue remains pending in Shelby County Chancery Court.

Experts Explain Movement of Crime

The crescent has moved, according to maps and charts the Memphis City Council examined this week.

Pre Development Agreement Announced In Bass Pro Contract Talks

The joint city county Pyramid reuse committee was told Thursday afternoon that Bass Pro Shops has agreed “in word and deed” to what the committee’s attorney described as a “pre development agreement.”

New Binghampton Senior Facility Planned

Two generations ago, Darrell Cobbins’ grandfather developed one of Memphis’ first black middle-income communities called Lakeview Gardens.

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


Les Passees will host its second Family Night event today from 6 p.m. to 11 p.m. at Golf & Games Family Park, 5484 Summer Ave. A portion of the wristband sales will go to Les Passees, which provides advocacy and support to children and families in Memphis. Les Passees wristbands are available for the pre-sale price of $15 and can be bought at Les Passees headquarters, 5489 Murray Road or at Cheer Station, 7740 Trinity Road, No. B, Suite 126. The rain date will be Aug. 15.

more events »

Gregory Leads, Serves Family Members of Fallen Officers

When Linda Moon Gregory’s brother, who was a sheriff with the Jacksonville, Fla., Sheriff’s office, was killed in the line of duty in 1971, her family didn’t have the support of an organization that could help them deal with their grief.

But about six years ago, Gregory’s mother, Bessie Moon, was contacted by the Jacksonville chapter of Concerns of Police Survivors Inc. (C.O.P.S.) and invited to participate in some of their activities.

Small Business Owners Have Many Learning Options

NEW YORK (AP) - An entrepreneur who's mystified by accounting or putting a marketing plan together can get some help, and soon, with the arrival of the fall semester. Schools, colleges and universities around the country offer a variety of courses aimed at small business owners, and many cost little or nothing.

Treasury Rules Against Pension Plan Transfers

WASHINGTON (AP) - The Bush administration dealt a blow to the already reeling financial services sector Wednesday, ruling that companies can't transfer their pension plans to large banks to be managed for a profit.

Jobless Claims Highest Since March 2002

WASHINGTON (AP) – The number of newly laid off people signing up for jobless benefits last week climbed to its highest point in more than six years as companies cut back given the faltering economy.

Post Office Posts $1 Billion Loss

WASHINGTON (AP) – The U.S. Postal Service had a net loss of more than a billion dollars in the third quarter of the fiscal year, the agency has announced.

Miss. AG Settles Lawsuit Against State Farm

Mississippi Attorney General Jim Hood said Wednesday that his office has settled its dispute with State Farm Insurance Cos. over how the insurer handled Hurricane Katrina damage claims in Mississippi.

Nationwide Financial Agrees to $2.4 Billion Buyout

COLUMBUS, Ohio (AP) - Nationwide Mutual Insurance Co. said Wednesday that it will buy out its publicly traded retirement savings company Nationwide Financial Services Inc. for about $2.4 billion.

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PROPERTY SALES 90 140 15,764
MORTGAGES 100 162 18,210
BUILDING PERMITS 194 315 32,829
BANKRUPTCIES 57 116 10,129

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