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Editorial Results (free)

1. FedEx Posts 7 Percent Earnings Increase -

Memphis-based FedEx Corp. posted a quarterly profit 7 percent higher than a year ago for its fiscal first quarter, ended Aug. 31.

2. Highpoint Church Buys Briarcrest’s East Memphis Campus -

After seven years of leasing space for its worship services, Highpoint Church has acquired Briarcrest Christian School Systems Inc.’s property at 6000 Briarcrest Ave. for $7.25 million.

3. Job Creation Driving Highway Bills in Congress -

WASHINGTON (AP) – The lure of roads, bridges, buses and trains isn't enough anymore to drive an expensive transportation bill through Congress. So to round up votes, congressional leaders are pitching the bills as the hottest thing around these days: job generators.

4. FDIC Could Seek Bailout from Banks -

WASHINGTON (AP) - Regulators have approached big banks about borrowing billions to shore up the dwindling fund that insures regular deposit accounts.

The loans would go to the fund maintained by the Federal Deposit Insurance Corp. that insure depositors when banks fail, said two industry officials familiar with the conversations, who requested anonymity because the plans are still evolving.

5. Republicans, Democrats at Odds Over Paying for Middle-Class Tax Relief -

WASHINGTON (AP) - Republicans say it's OK not to cover the $50 billion in revenue losses from Congress' annual alternative minimum tax fix to save millions of families from higher taxes - even as the GOP president counts on revenues from that higher levy to reduce the red ink in his budget.