Dover Motorsports Inc., the owner of Memphis Motorsports Park, is waving the checkered flag and will end racetrack operations there, the company reported Friday.

The intersection of Union Avenue and Cooper Street is one of the busiest in Midtown, as evidenced by the steady flow of cars, the bustling Ike’s parking lot and the Playhouse on the Square construction site.
Herenton Knew In Advance Of "Secret" Recording
A federal grand jury probe believed to be an investigation of the private business affairs of former Memphis Mayor Willie Herenton heard from four witnesses Thursday.
The Shelby County pension fund saw its value climb more than $33 million in September, giving the fund a 4 percent gain for the month and continuing this year’s trend of a slow and steady rebound.
The Federal Reserve Bank of St. Louis wants Bank of Bartlett to take several steps relatively soon to strengthen the bank’s balance sheet and improve capital levels.
Demand for foot and ankle devices spurred Wright Medical Group Inc. sales to a higher-than-expected level for the third quarter, the company reported today.
Mont Blanc – the highest mountain in the Alps – has been scaled by a Memphis doctor on behalf of people trying to hold onto their memories and maintain reality.
STATEWIDE
NASHVILLE, Tenn. (AP) - The Tennessee Education Department says it's taken steps to toughen the state's achievement standards to make students more competitive.
REGIONAL
LITTLE ROCK, Ark. (AP) - The Arkansas Supreme Court on Thursday ordered a lower court to lift an injunction halting a death row inmate's execution, upholding a state law aimed at stopping his lawsuit challenging Arkansas' lethal injection procedures.
LITTLE ROCK, Ark. (AP) - Mass clinics for seasonal and swine flu vaccines are scheduled this week in every county in Arkansas.
NATIONAL BUSINESS
LOS ANGELES (AP) - Commercial realty firm CB Richard Ellis Group Inc. said Wednesday that third-quarter profits plummeted 69 percent as the recession hurt demand for office space.
WASHINGTON (AP) – An early progress report on President Barack Obama’s economic recovery plan overstates by thousands the number of jobs created or saved through the stimulus program, a mistake White House officials promise will be corrected in future reports.
WASHINGTON (AP) – The U.S. economy grew at a 3.5 percent pace in the third quarter, the best showing in two years, fueled by government-supported spending on cars and homes. It’s the strongest signal yet that the economy has entered a new, though fragile, phase of recovery and that the worst recession since the 1930s has ended.
NEW YORK (AP) - Shares of homebuilders slid Wednesday as new home sales dropped for the first time in five months.
NATIONAL POLITICS
After months of struggle, House Democrats rolled out sweeping legislation Thursday to extend health care coverage to millions who lack it and create a new option of government-run insurance. A vote is likely next week on the plan largely tailored to President Barack Obama’s liking.
WASHINGTON (AP) - U.S. Treasury Secretary Timothy Geithner said Thursday that giving the government the power to dismantle mammoth financial firms like Lehman Brothers will prevent future bailouts.