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VOL. 124 | NO. 16 | Monday, January 26, 2009

Wilson Is New General Sessions Criminal Court Judge

Attorney Lee Wilson is the new judge of Division 10 General Sessions Criminal Court.

SunTrust Welcomes Change of Scenery

By now, it should be obvious that the business landscape of the banking world has changed dramatically. The physical landscape is changing, too, and a flurry of changes within the Memphis market of Atlanta-based SunTrust Banks Inc. offers some examples of that.

Commission to Vote On New Judge

The candidates will outnumber commissioners today when the Shelby County Board of Commissioners votes on a new General Sessions Criminal Court judge.

State Reaches Settlement With Countrywide

An estimated 6,900 borrowers in Tennessee who were saddled with risky and high-cost home loan products may be eligible for relief as part of a settlement the Tennessee Attorney General’s office has reached with Countrywide Home Loans and Countrywide Financial Corp.

District Attorney To Add Burglary Focus

Shelby County District Attorney General Bill Gibbons plans to assign five prosecutors to exclusively handle burglary cases and will also push for law changes to keep burglars behind bars.

Local Weather
Currently
Memphis, TN
77.0°F
Mostly Cloudy
Wind: South at 5.8 mph
Humidity: 85%

EVENTS

A Town Hall Meeting hosted by City Council members Joe Brown, Janis Fullilove, Myron Lowery and Barbara Swearengen Ware will be held today from 6 p.m. to 7:30 p.m. at the Brickford Community Center, 233 Henry Ave. Representatives from the Shelby County District Attorney’s office, Memphis Police Department and the Division of Housing and Community Development will address crime concerns and future economic development projects in the North Memphis area.

more events »

New Road Brings West Memphis Possibilities

West Memphis added another piece to its burgeoning logistics and distribution puzzle Friday with the completion of South Loop Drive, the $8 million, restricted-access truck route that connects the city’s port with rail and logistics facilities plus Interstates 40 and 55.

BancorpSouth's Earnings Drop

TUPELO, Miss. (AP) - BancorpSouth says its earnings for 2008 dropped to $120.4 million, or $1.45 per diluted share, compared with $137.9 million, or $1.69 per diluted share, for 2007.

Obama Asks Lawmakers To Back Stimulus Bill

WASHINGTON (AP) – President Barack Obama and congressional Democrats sought to ease Republican complaints about a massive economic stimulus plan Friday, meeting with GOP leaders in the White House and promising to consider some of their recommendations.

Business Markets People to Employers

The Franklin Group of America connects people with new employers, but don’t call it a headhunting agency or a recruitment company.

Bredesen: Lawmakers Won't Like Tenn. Budget Cuts

NASHVILLE, Tenn. (AP) - Gov. Phil Bredesen is warning Tennessee lawmakers that deep, difficult budget cuts that include significant layoffs of state employees are coming this legislative session.

Lawmaker Still Considering English Driver's Tests

NASHVILLE, Tenn. (AP) - The sponsor of legislation that would require all written driver's license tests be given in English says he's optimistic about its chances despite a failed proposal to make English the mandatory language for all government business in Nashville.

GE Profit Drops 46 Pct as Finance Unit Struggles

WASHINGTON (AP) - In a discouraging report for the American economy, General Electric Co. posted a 46 percent drop in fourth-quarter earnings on Friday and warned of a tough environment this year as it struggles with its ailing finance business.

Harley to Cut 1,100 Jobs as Q4 Profit Falls

NEW YORK (AP) - Harley-Davidson Inc. said Friday it will cut 1,100 jobs over two years, close some facilities and consolidate others as it grapples with a slowdown in motorcycle sales.

Watching History

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 85 317 11,842
MORTGAGES 99 353 13,780
FORECLOSURE NOTICES 41 60 1,918
BUILDING PERMITS 304 784 24,948
BANKRUPTCIES 54 233 7,706
BUSINESS LICENSES 64 161 4,060
UTILITY CONNECTIONS 26 144 4,825
MARRIAGE LICENSES 17 65 2,609

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