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VOL. 124 | NO. 28 | Wednesday, February 11, 2009

Mississippi Medicaid Lashes Out Over MED Comments

The Mississippi Division of Medicaid issued a sharply worded response Tuesday morning to comments by Memphis officials about the state not doing enough to reimburse the Regional Medical Center at Memphis for treating its citizens.

Bioworks Adds Incubator Space, Expands Mentoring

The Memphis Bioworks Foundation has added an additional 6,000 square feet of lab space and launched a new program to aid biotechnology startups.

Bredesen Top Contender For HHS Post

WASHINGTON (AP) – Few governors know the pitfalls of soaring health costs better than Tennessee Gov. Phil Bredesen, which helps explain why President Barack Obama is reportedly considering the Democrat for U.S. health secretary.

Points Pondered Before School Funding Decision

Nancy Richie, executive director of fiscal services for Memphis City Schools, laid out some dire scenarios in her July testimony in Shelby County Chancery Court.

Influence 1 Foundation Names Hartsfield COO

Felicia Hartsfield has been named chief operating officer of Influence 1 Foundation.

Local Weather
Currently
Memphis, TN
62.0°F
Fair and Breezy
Wind: from the Southwest at 20.7 gusting to 27.6 mph
Humidity: 43%

EVENTS

Talk Shoppe will present “Alternative Funding for Business and Real Estate” by John Robertson of CashSolutionFunding.com today from 9 a.m. to 10 a.m. at the Better Business Bureau of the Mid-South, 3693 Tyndale Drive. For more information, call Jo Garner at 257-6536.

more events »

Dollar General Same-Store Sales Rise in Q4

GOODLETTSVILLE, Tenn. (AP) - Discount retailer Dollar General Corp. reported same-store sales for the fourth quarter rose 9.4 percent as total sales for the quarter rose 11.2 percent to $2.85 billion.

BofA Lewis: Moving Forward, a Week at a Time

CHARLOTTE, N.C. (AP) - Bank of America Corp. chief executive Ken Lewis is telling employees he is focused on moving his business forward, despite a depressed stock price and rumors of nationalization.

GM Cuts 10,000 Salaried Jobs, Trims Employees' Pay

NEW YORK (AP) - General Motors Corp. is planning to slash another 10,000 salaried jobs this year, saying the cuts are unavoidable with a government restructuring deadline looming and industrywide sales in one of the worst downturns in history.

Senate Passes Stimulus; Treasury Unveils Bank Help

WASHINGTON (AP) - The Senate approved President Barack Obama's giant economic stimulus measure on Tuesday, part of a string of powerful government steps that could marshal close to $3 trillion in taxpayer and private money to revive the collapsing national economy.

State Budgets Being Delayed by Stimulus Debate

NEW YORK (AP) - Uncertainty over the final scope of the $800 billion-plus economic stimulus plan in Congress has delayed budget action in some states while governors and legislators wait to see how much federal relief they can expect for their cash-strapped programs.

Senate Panel: Quick Start Uncorking Wine Proposal

NASHVILLE, Tenn. (AP) - Tennessee lawmakers are wasting little time uncorking a proposal to allow wine sales in supermarkets.

Violent Crime Up Overall in DeSoto in 2008

HERNANDO, Miss. (AP) - Violent crime as a whole was up in DeSoto County for 2008 though one city saw a drop in incidents across the board, according to recently released statistics.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 47 47 1,046
MORTGAGES 83 83 1,278
FORECLOSURE NOTICES 0 0 152
BUILDING PERMITS 0 0 1,653
BANKRUPTCIES 71 71 706
BUSINESS LICENSES 0 0 298
UTILITY CONNECTIONS 35 35 427
MARRIAGE LICENSES 0 0 82

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The Memphis News: Business, politics, and the public interest.