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VOL. 123 | NO. 54 | Tuesday, March 18, 2008

ACS Campaign Continues for Cancer Lodge

The Mid-South Division of the American Cancer Society (ACS) is in the midst of a capital campaign to help pay for a home away from home for adults who come to Memphis for cancer treatment.

MAAR Event Tailored to Commercial Property Reappraisals

Andy Raines graduated from law school at then-Memphis State University in 1980, the same year Shelby County held its first property reappraisal in nearly two decades.

Katt Worldwide Logistics To Rebuild Headquarters

4105 S. Mendenhall Road

With JPMorgan Deal to Rescue Bear Stearns, Market Wonders Which Investment Bank May Fall Next

NEW YORK (AP) - With a deal in place to save Bear Stearns from bankruptcy, the company's shares traded above the offer price Monday even as investors began turning a critical eye to other investment banks amid worries about how far the credit contagion could spread.

Northwest CEO Facing Fuel Crunch Pressure Says: "Our Passengers Will Have to Pay More"

MINNEAPOLIS (AP) - Northwest Airlines has matched fare increases announced last week by Continental and United, and signaled that belt-tightening measures are on the way, too.

Local Weather
Memphis, TN
Wind: South at 5.8 mph
Humidity: 74%


The Memphis Rotary Club will meet today at noon at the Memphis Cook Convention Center, 255 N. Main St. The speaker will be Marlin Mosby, managing director of Public Financial Management Inc. Cost is $18 at the door. R.S.V.P. to Taylor Hughes, 526-1318 or taylor@memphisrotary.org.

more events »

Bush Says the Economy is in 'Challenging Times' but Administration is ‘On Top of the Situation'

WASHINGTON (AP) - President Bush, trying to calm turmoil in financial markets, said Monday that his administration is "on top of the situation" in dealing with the slumping economy.

BRIDGES Event Should Be Big Draw

Today junior and senior high school students - some on spring break - will converge on Uptown Memphis to learn about education and job opportunities that may be available to them in the near future.

Federal Reserve Rep to Tout Curbing Payday Loan Excesses

Lyn Haralson has an answer for consumer advocates, community leaders and anyone else befuddled by what to do about the proliferation of payday lenders and other fringe financial institutions.

Sunnier Skies Could Be Ahead for Sunshine Law

National Sunshine Week began Sunday as a time to reflect on the value of open government. It also kicked off "March Madness," but Tennesseans soon could have something more to celebrate than the number of teams in a basketball tournament.

Dated Tennessee Law Not Sufficient For Dealing With E-mails

NASHVILLE (AP) - In Tennessee, the law treats government electronic communication just like any other public record. With some exceptions, e-mails dealing with public business should be open to the public - at least in theory.

Concern About Credit Crisis Leads Fed to Make Rare Move

WASHINGTON (AP) - The Federal Reserve is urgently moving to contain a deepening credit crisis and restore confidence in panicked financial markets by becoming a lender of last resort for Wall Street investment houses, which were able to secure short-term emergency loans beginning Monday.

State Bill Would Grant Students Leave to Visit Parents in Military

NASHVILLE (AP) - Students would be allowed up to 10 days of excused absences to visit a parent or guardian in the U.S. military who is on leave in another country under a bill on its way to the governor for his consideration.

Tenn. House Moves to Exempt Public Hospitals From Some Open Meetings

NASHVILLE (AP) - Public hospitals would be allowed to discuss marketing strategies in private meetings and keep written materials on those strategies private under a bill moving in the Legislature.

Amendment Would Add Hunting, Fishing Rights to State Constitution

NASHVILLE (AP) - A bill that would amend the state's Constitution to include a right to hunt and fish has passed in both houses of the General Assembly.

Tenn. Bill Aims to Thwart Ticket Scalpers

NASHVILLE (AP) - The state Legislature is taking aim at ticket scalpers.

Herenton Advances Plan to Close Libraries; Announces ‘Inevitable’ Tax Hike

Some of them are dilapidated. Others are redundant, too close to existing facilities.

City Council Puts Off Strip Club Ordinance Vote

The Memphis City Council has delayed indefinitely a final vote on a new city ordinance governing strip clubs.

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PROPERTY SALES 92 158 13,600
MORTGAGES 89 165 15,731
BUILDING PERMITS 250 250 28,008
BANKRUPTCIES 54 121 8,771

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