LONDON (AP) — The unemployment rate across the 17 European countries that use the euro hit a record 12.2 percent in April, and the number of unemployed is on track to reach 20 million by year's end.

2. Strong US Economic Data Push World Markets Up - Wednesday, May 29, 2013

LONDON (AP) — Rising home prices and consumer confidence in the U.S. pushed global stock markets higher on Tuesday as investors welcomed evidence that the world's largest economy is improving steadily.

3. Memphis in the Meantime - Saturday, May 25, 2013

The city’s tourism and travel industry is thriving as a one-of-a-kind destination for leisure and business travelers, but industry insiders believe a larger, technologically updated convention center is needed in years to come if Memphis wants to remain competitive in bringing larger groups to town.

4. US Trade Deficit Falls to $38.8 Billion in March - Friday, May 03, 2013

WASHINGTON (AP) – The U.S. trade deficit narrowed in March for a second month as the daily flow of imported crude oil dropped to the lowest level in 17 years. The deficit with China hit a three-year low.

5. ‘Keep the Keyhole Clean’ - Thursday, April 04, 2013

In a Paul Greenberg column I met the word “mitteleuropaish” for the first time. Greenberg (winner of a Pulitzer in 1969) was discussing a recently released book, “Kafka: The Office Writings.” He wrote, “A combination attorney, actuary and all-around bureaucrat, (Kafka) seems to have carried out his duties with a combination of mitteleuropaisch flair and German efficiency.”

6. Price of Oil Drifts Upward - Monday, March 25, 2013

The price of oil drifted higher Friday, as traders waited to see what happens next in the Cyprus financial crisis.

By early afternoon Friday in New York, benchmark oil for May delivery was up 47 cents to $92.92 a barrel. Still, oil appeared headed for its first weekly loss in March.

7. Lovette Heads Career Services at Remington College - Wednesday, February 06, 2013

Demetrius “Dee” Lovette has been named director of career services at Remington College’s Memphis campus. In the role, Lovette provides job placement services to students and graduates, and works with local employers to assess their workforce needs and provide qualified applicants.

8. Oil Drops on Outlook for Europe Economy - Saturday, December 08, 2012

The price of oil is dropping after the European Central Bank predicted a bleak year ahead for the region’s economy but stopped short of offering new measures to boost growth.

9. Oil Drops on Outlook for Europe Economy - Friday, December 07, 2012

The price of oil is dropping after the European Central Bank predicted a bleak year ahead for the region’s economy but stopped short of offering new measures to boost growth.

10. It’s All Tied Up - Thursday, September 27, 2012

The markets today must reconcile two primary opposing factors. On the one hand, global economic statistics and earnings pre-announcements describe a listless global economy – not recessionary per se – but not healthy enough to really drive revenues and confidence. On the other hand, the globe’s major central banks have all committed to indefinite and unlimited monetary stimulus.

11. Examining Unknowns, Certainties - Wednesday, September 19, 2012

US Fed = Yes, ECB = Yes, US Government = Maybe, China = Unknown Last week’s announcement of “unlimited” easing from the U.S. Fed combined with the “unlimited” easing announcement by the European Central Bank extended the global rally in everything but Treasuries.

12. Fed Unveils Bold, Open-Ended Steps to Aid Economy - Friday, September 14, 2012

WASHINGTON (AP) – The Federal Reserve unleashed a series of bold and open-ended steps Thursday designed to stimulate the economy by boosting the stock market and making it cheaper for people to borrow and spend.

13. Expectations High for Fed to Announce Major Action - Thursday, September 13, 2012

WASHINGTON (AP) – If the world's investors are right, the Federal Reserve is about to take a bold new step to try to invigorate the U.S. economy.

And many expect the central bank, which began a two-day meeting Wednesday, to unleash its most potent weapon: a third round of bond purchases meant to ease long-term interest rates and spur borrowing and spending. It's called "quantitative easing," or QE.

14. Survey Finds US Competitive Ranking Down Again - Thursday, September 06, 2012

LONDON (AP) – The United States' ability to compete on the global stage has fallen for the fourth year running as confidence in the country's politicians continues to decline, an annual survey from the World Economic Forum found Wednesday.

15. Treasury Prices Edge Up After ECB Denies Report - Tuesday, August 21, 2012

U.S. government bond prices are edging up after the European Central Bank said it wasn’t planning to cap borrowing costs for the region’s struggling countries.

16. Economic Outcomes Remain Up in Air - Wednesday, August 15, 2012

Fedcasting With the markets and the politicians currently co-dependent, vacation for one implies vacation for the other. Trading volumes have collapsed. For those who are manning their trading terminals, daily market activity amounts to position-squaring ahead of September’s central bank policy proclamations.

17. What’s On, What’s Off Economic Table? - Wednesday, August 08, 2012

On the Table: Conversational Easing With the data stream lukewarm at the moment, markets needed policy support for handholding. Recent history demonstrates that when market anxieties rise, fiscal and monetary authorities intervene. We have described this as the “Punch/Counterpunch” market.

18. Markets Stay Buoyed by Jobs - Tuesday, August 07, 2012

LONDON (AP) – Financial markets remained in a buoyant mood Monday by figures showing the U.S. economy generated a greater than expected amount of jobs in July and by a growing belief that the European Central Bank could do more in the months ahead to contain the continent’s debt crisis.

19. Fed Says US Economy has Slowed, Takes No New Steps - Thursday, August 02, 2012

WASHINGTON (AP) – The Federal Reserve said Wednesday that the U.S. economy is losing strength and repeated a pledge to take further steps to boost growth if hiring remains weak.

The Fed took no new action after a two-day policy meeting. But it acknowledged in a statement released after the meeting that economic activity had slowed over the first half of the year. It also said unemployment remains elevated and consumer spending is rising at a somewhat slower pace.

20. Fed Could be Moving to More Bond Buying - Wednesday, August 01, 2012

WASHINGTON (AP) – The Federal Reserve appears to be moving toward announcing some new step to try to energize the troubled U.S. economy. The question is whether it will do so after its policy meeting this week.

21. Oil Rises on Expectations for Economic Stimulus - Monday, July 30, 2012

The price of oil climbed for a fourth day on expectations of more efforts to fix the global economy.

China is planning to pump billions of dollars into housing projects and other infrastructure to support its construction industry. The European Central Bank also hinted that more support could be in the works for Europe’s debt-ridden nations, vowing to do “whatever it takes” to preserve the euro.

22. Focus Shifts Back to the US - Wednesday, July 25, 2012

After China’s deluge of economic information took the spotlight last week, investors this week shifted their gaze back to the United States for a couple of big ticket items.

First, Federal Reserve Chairman Ben Bernanke made his way to the place that is held in high esteem by the American public: Capitol Hill. He provided his semi-annual testimony to the legislators on Tuesday and Wednesday.

23. Europe Shaken by Fear Spain Will Need Full Bailout - Tuesday, July 24, 2012

FRANKFURT, Germany (AP) – Europe is on the brink again. The region's debt crisis flared on Monday as fears intensified that Spain would be next in line for a government bailout.

A recession is deepening in Spain, the fourth-largest economy that uses the euro currency, and a growing number of its regional governments are seeking financial lifelines to make ends meet. The interest rate on Spanish government bonds soared in a sign of waning market confidence in the country's ability to pay off its debts.

24. Global Economy in Worst Shape Since 2009 - Tuesday, July 24, 2012

WASHINGTON (AP) – Mounting fears about Spain’s financial health help illustrate why the global economy is in its worst shape since 2009.

Six of the 17 countries that use the euro currency are in recession. The U.S. economy is struggling again. And the economic superstars of the developing world – China, India and Brazil – are in no position to come to the rescue. They’re slowing, too.

25. IMF Predicts Slower Economic Growth for World, US - Tuesday, July 17, 2012

WASHINGTON (AP) — The global economy will grow more slowly over the next two years, according to the International Monetary Fund's latest forecast.

And Europe's financial crisis and a potential budget crisis in the United States could slow world growth even further, the international lending organization warned.

26. Market Yields Best June in 13 Years - Wednesday, July 04, 2012

June: Boon & Lampoon After taking body blows in May, the stock market had its best June since 1999. This time, we can credit European politicians rather than American central bankers for the strong finish. That, my friends, is a welcome change.

27. Punch And Counterpunch - Wednesday, June 13, 2012

With baseline sentiment pessimistic, small changes can lead to outsized market movements. To best understand this schizophrenic environment, we must understand the forces at war. I call this the punch-counterpunch dynamic. The opponents are the economic gravitational pull of deleveraging in the developed world versus the helium provided by monetary and fiscal policy makers worldwide. Uncontested news on the deleveraging gravitational pull punches markets lower, riles pessimism, cues action from monetary and fiscal policy makers, who then counterpunch markets higher with programs and proclamations.

28. Market Party Going Strong - Tuesday, May 01, 2012

Still Growing Last week offered testimonials from three key contributors to this market’s advance. We received preliminary U.S. GDP numbers, we passed the earnings season halfway point, and we obtained policy affirmations from key global central banks. When shaken and poured, these ingredients combined into a delightful cocktail that kept the stock market party going.

29. Cuts in European Bank Lending to Drag Growth - Thursday, April 19, 2012

WASHINGTON (AP) — The International Monetary Fund warned Wednesday that European banks are under pressure to preserve capital and could cut back sharply on lending over the next two years, slowing the region’s growth.

30. FedEx Corp. in Talks to Buy French Shipper - Wednesday, April 18, 2012

Memphis-based FedEx Corp. is in negotiations to buy Tatex, a 36-year-old French shipping company that focuses on heavy shipments of parts and technology across France.

31. Steering Through Muddied Waters - Wednesday, April 18, 2012

The Flows Knows While rationality has returned to the markets, occasional bouts of volatility (as we have experienced over the last few trading days) can muddy the analytical waters. After a 30 percent advance in the S&P 500 from the October lows, a pullback seems appropriate, and the reaction to the recent pullback couldn’t be more telling.

32. FedEx in Talks to Buy French Shipper - Tuesday, April 17, 2012

Memphis-based FedEx Corp. is in negotiations to buy Tatex, a 36-year-old French shipping company that focuses on heavy shipments of parts and technology across of France.

33. FedEx to Buy Polish Courier Opek - Thursday, April 05, 2012

MEMPHIS (AP) – FedEx Corp. said Thursday that it will buy Polish courier company Opek to gain a ground delivery network with about $70 million in annual sales.

34. IMF: Global Recovery Fragile - Wednesday, April 04, 2012

WASHINGTON (AP) – The managing director of the International Monetary Fund said Tuesday that the global economy is making some advances in digging itself out of a punishing recession, but that the recovery remains very fragile, especially in Europe.

35. Economy Equal Parts Doubt, Enthusiasm - Wednesday, March 28, 2012

Chimerican Direction Markets fell back from multi-year highs last week as the recovery in expectations since August of last year may have finally eclipsed reality. While the global economic statistics show pockets of strength, they also show pockets of weakness. Add to that shifting balance the unforeseen Iran premium in the price of oil, and the recent bias favors preservation rather than accumulation.

36. Events - Friday, March 16, 2012

Muslims in Memphis will hold a health fair and legal seminar Saturday, March 17, at 10 a.m. at Kate Sexton Community Center, 1235 Brown Ave. For more information, call 576-7070.

37. Benz Repair Shop to Open On Cooper St. - Friday, March 09, 2012

A high-end automobile maintenance and repair shop soon will be added to Cooper-Young’s booming portfolio of local businesses.

Shane Herbers, founder of Midtown Motor Werks, has leased 5,000 square feet at 795 S. Cooper St. from Richard Sullivan.

38. Rates Down, Money Up Across Globe - Tuesday, March 06, 2012

Money Money Money Money To address declines in economic activity and stimulate marketplace liquidity, central banks across the globe have taken rates down and the quantity of money up. In fact, the leading global central bank balance sheets are approaching an unprecedented $9 trillion, or nearly 15 percent of global GDP.

39. Bernanke: Weak Housing has Hurt Consumer Spending - Monday, February 13, 2012

WASHINGTON (AP) – Ben Bernanke said declines in home prices have forced many Americans to cut back sharply on spending and warned that the trend could continue to weigh on the U.S. economy for years.

40. Is Bull Market in Store For New Year? - Tuesday, January 10, 2012

Predicting 2012 According to Wall Street strategists, the S&P 500 will close somewhere between 1167, for a loss of 7 percent, and 1500, for a gain of 19 percent. Assuming earnings approximate $100 for the S&P 500, then applying a simple market P/E multiple tells you where we should be by year-end. If we feel no different than we did at the end of 2011, then the S&P 500 should finish at 1272 for a 1 percent gain.

41. Economists: Obama's Policies 'Fair' or 'Poor' - Thursday, December 29, 2011

WASHINGTON (AP) – President Barack Obama gets mediocre marks for his handling of the U.S. economy, and Mitt Romney easily outpolls his Republican rivals in an Associated Press survey of economists.

42. AP Survey: Economy to Pick Up but Still Vulnerable - Wednesday, December 28, 2011

WASHINGTON (AP) – The U.S. economy will grow faster in 2012 – if it isn't knocked off track by upheavals in Europe, according to an Associated Press survey of leading economists.

43. Fed Says Economy is Healthier; Takes No New Steps - Wednesday, December 14, 2011

WASHINGTON (AP) – The Federal Reserve on Tuesday portrayed the U.S. economy as slightly healthier and held off on any new steps to boost the economy.

Hiring is picking up and consumers are spending more despite slower growth globally, the Fed said in its latest policy statement.

44. A November to Remember - Tuesday, December 06, 2011

Lots of Ways to Lose Market activity in November was astounding, driven by the cacophonous debate over Europe’s imminent death or salvation. Of the 21 trading days in November, 10 were positive and 11 were negative. The trading range in the S&P 500, from high tick to low tick, equaled 10 percent. The average daily trading range was 2 percent. By the end of the month, the S&P 500 had gone nowhere.

45. Unemployment Rate Falls to Lowest Since March 2009 - Friday, December 02, 2011

WASHINGTON (AP) – Small businesses and startups that were skittish about the economy this summer started hiring in bigger numbers this fall, helping drive the unemployment rate down to 8.6 percent in November, the lowest in two and a half years.

46. Fed Survey: Most Areas See Slow to Moderate Growth - Thursday, December 01, 2011

WASHINGTON (AP) – The economy expanded at a slow to moderate pace over the past two months in most areas of the country, but overall hiring was weak, according to a Federal Reserve survey released Wednesday.

47. Fed Announces Third Round of Bank Stress Tests - Thursday, November 24, 2011

WASHINGTON (AP) – The Federal Reserve announced on Tuesday that it will conduct a third round of stress tests to determine if major U.S. banks can withstand a downturn in the economy.

The latest round of tests comes at a time when many are concerned about U.S. banks' exposure to the European debt crisis, which could throw that region into a recession and rattle global financial markets.

48. Europe’s Unappealing Options: Print or Perish - Wednesday, November 16, 2011

Call The European crisis tour stopped in Italy last week. Bond yields climbed above the feared 7 percent, triggering immediate hysteria worldwide. Compounding the issue, Italy and Greece both had “help-wanted” ads out for prime ministers and received no applicants.

49. US to Conduct 4th Round of Bank Stress Tests - Monday, November 14, 2011

WASHINGTON (AP) – The second-ranking member of the Federal Reserve said the central bank will conduct a fourth round of stress tests in the coming weeks to determine if U.S. banks can withstand a recession.

50. MF Global's Dive Shows Few Changes on Wall Street - Friday, November 11, 2011

WASHINGTON (AP) – After countless new rules designed to make Wall Street safer, it's come to this: Another securities firm has collapsed from risky, poorly disclosed bets.

Not enough, in other words, has changed since the U.S. financial system nearly toppled three years ago.

51. In European Crisis, Obama Sees Risks Back Home - Friday, November 04, 2011

CANNES, France (AP) – His political fortunes and his nation's economy at risk, President Barack Obama on Thursday implored European leaders to swiftly work out a eurozone rescue plan, aware of the potential fallout at home if they fail.

52. Bleu Latest Addition To Downtown Dining Scene - Monday, October 24, 2011

It’s safe to say that it’s been a banner year for Downtown’s dining options. Within the past 12 months or so, restaurant openings have included Thai Bistro and The Brass Door on Madison Avenue; City Market, Krispy Krunchy Chicken and the Green Beetle on Main Street; and Rizzos Diner on G.E. Patterson Avenue, to name a few.

53. Debt Spreading Equally Across Entire World - Tuesday, October 04, 2011

The Big Game Rolling passage of the $595 billion European Financial Stability Facility (EFSF) last week emboldened the markets Monday and Tuesday, only to leave them second-guessing the efficacy of the device, its timing and the underlying economic environment. By the end of the week, the early enthusiasm waned as skepticism rose, leaving the S&P five percent lower than its Tuesday high.

54. Infrastructure Bank Could be Part of Jobs Package - Friday, September 02, 2011

WASHINGTON (AP) – A national infrastructure bank that would entice private investors into road and rail projects could be a major part of the jobs package that President Barack Obama hopes will finally bring relief to the unemployed.

55. AP Survey: No Recession but Weakness Will Endure - Wednesday, August 24, 2011

WASHINGTON (AP) – Another U.S. recession is not likely over the next 12 months. Neither is any meaningful improvement in the economy.

That's the picture that emerges from an Associated Press survey of leading economists who have grown more pessimistic in recent weeks. They say high unemployment and weak consumer spending will hold back the U.S. economy into 2012.

56. More People Sought Unemployment Benefits - Friday, August 19, 2011

WASHINGTON (AP) – The number of people applying for unemployment benefits rose back above 400,000 last week. Still, the four-week average, a more reliable gauge of the job market, fell to the lowest level since mid-April.

57. So, What Year Is This? - Tuesday, August 16, 2011

Back to the Future As investors, we view volatility as a distraction. Successful defensive strategies engage prior to drawdowns, and successful offensive strategies engage into them. Before we can settle on the right strategy, however, we must determine which game we are playing.

58. The More Things Change … - Tuesday, August 09, 2011

Change of Plans Like a car requires gas, forecasts require data. Two weeks ago, the data stack indicated that we had continued global growth, providing ample revenue opportunities for global corporations. Low earnings multiples paired with global growth indicated defensible value within the S&P 500. With current earnings trending toward $100, applying a simple conservative P/E of 13 presented 1300 as a stable base. The S&P 500 fumbled near this level frequently but seemed to find footing. On Friday of last week, however, the data stack changed.

59. New World Follows US Debt Downgrade - Tuesday, August 09, 2011

Here we go again. Markets opened Monday, Aug. 8, with the world irreversibly changed, thanks to last week’s downgrade of U.S. debt by Standard & Poor’s from AAA to AA+. It follows last week’s wild ride for the stock market, which included stomach-churning swings for investors up through Friday, the day S&P issued the press release heard round the world after markets closed.

60. US Malaise, Debt Stalemate Shake Allies Globally - Monday, August 01, 2011

BEIJING (AP) — America's debt crisis and economic malaise are shaking confidence in its global leadership.

Many governments see Washington's paralysis as political theater ahead of a presidential election and wonder how American hardliners can be allowed to hold up a deal and bring a globalized economy to the brink.

61. Elvis-Themed Eateries Coming to Europe - Thursday, July 28, 2011

Diners throughout Europe will soon be chowing down in restaurants with décor inspired by the King of Rock ‘n’ Roll.

Memphis-based Elvis Presley Enterprises Inc. has licensed the EAD International Group to open Elvis-themed restaurants throughout Eastern and Central Europe.

62. Elvis Eateries Coming to Europe - Wednesday, July 27, 2011

Diners throughout Europe will soon be chowing down in restaurants with décor inspired by the King of Rock ‘n’ Roll.

Memphis-based Elvis Presley Enterprises Inc. has licensed the EAD International Group to open Elvis-themed restaurants throughout Eastern and Central Europe.

63. Bernanke: Fed Would Supply More Stimulus if Needed - Thursday, July 14, 2011

WASHINGTON (AP) – Federal Reserve Chairman Ben Bernanke said Wednesday that the central bank is prepared to provide additional stimulus if the economic lull persists.

Delivering his twice-a-year economic report to Congress, Bernanke laid out three options the central bank would consider. One possibility, he said, was another round of Treasury bond buying. That would make the third such effort since 2009.

64. Layoffs, Housing Data Point to Chronic Problems - Friday, June 24, 2011

WASHINGTON (AP) – Sour reports Thursday on the number of people who sought unemployment benefits and buyers of new homes illustrate what Federal Reserve Chairman Ben Bernanke acknowledged Wednesday: Many factors weighing on the economy are proving to be more chronic than first imagined.

65. Fed Acknowledges Economy is Growing More Slowly - Thursday, June 23, 2011

WASHINGTON (AP) – The Federal Reserve acknowledged Wednesday that the economy is growing more slowly than it expected. But it said it will complete its $600 billion Treasury bond buying program by June 30 as planned and announced no further efforts to boost the economy.

66. The Grecian Formula - Tuesday, June 21, 2011

To use a well-worn analogy, the perceived risks of a Greek default resemble the risks of a Lehman default. When Lehman imploded, marketplace confidence collapsed, interbank lending froze, bank balance sheets shrank, violating capital covenants, leading to the rapid insolvency of a number of large-scale financial institutions.

67. Europe Debt Crisis Shadows Fed Meeting on Economy - Tuesday, June 21, 2011

WASHINGTON (AP) – If the U.S. economic slowdown weren't enough to deal with, the Federal Reserve this week must consider a new threat: a resurgent European debt crisis that could imperil the global economy.

68. Memphis-Paris Pact Kicks Off Airport Cities Conference - Tuesday, April 12, 2011

The Airport Cities World Conference & Exhibition opened informally Monday with Memphis Mayor A C Wharton Jr. and French Minister of Urban Development Maurice Leroy signing a trade pact between the cities of Memphis and Paris.

69. Memphis-Paris Pact Kicks Off Airport Cities Conference - Monday, April 11, 2011

The Airport Cities World Conference & Exhibition opened informally Monday with Memphis Mayor A C Wharton Jr. and French Minister of Urban Development Maurice Leroy signing a trade pact between the cities of Memphis and Paris.

70. Energizing Markets: What’s Next? - Tuesday, April 05, 2011

Q1 Markets Energizing!

After a first quarter of Black Swan attacks reminiscent of Alfred Hitchcock’s “The Birds,” the S&P 500 put together its best first quarter return in more than a decade. It took a lot of energy to beat the market in Q1 as only the energy and industrial sectors outperformed. The eight other sector classifications underperformed. So, Q1 provided a demonstration of market resilience in the face of adversity, with U.S. energy companies parlaying $100 oil into outsized returns for all. Now what?

71. Fed ID's Companies That Used Crisis Loan Programs - Thursday, December 02, 2010

WASHINGTON (AP) – The Federal Reserve revealed details Wednesday of more than $3 trillion in emergency aid it provided to U.S. and foreign banks during the financial crisis.

It also named the companies that used its emergency loan programs and revealed how much they borrowed. Newly released documents show the companies included Goldman Sachs & Co., Citigroup Inc., JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. They also show that foreign banks such as Barclays, Royal Bank of Scotland and Deutche Bank borrowed hundreds of billions of dollars.

72. Bernanke Defends Bond-Purchase Plan, Warns China - Monday, November 22, 2010

WASHINGTON (AP) – Federal Reserve Chairman Ben Bernanke hit back at critics, both at home and abroad, who have challenged the central bank's $600 billion bond-purchase program.

In a speech in Germany, he argued that Congress must help support the Fed's program with further stimulus aid. And he issued a stern warning to China, saying it and other emerging nations are putting the global economy at risk by keeping their currencies artificially low.

73. Fed Strikes More Cautious Tone on US Recovery - Thursday, June 24, 2010

WASHINGTON (AP) — The Federal Reserve struck a more cautious tone about the strength of the U.S. economic recovery, indicating Europe's debt crisis poses a risk to it.

Wrapping up a two-day meeting Wednesday, the Fed in a 9-1 decision retained its pledge to hold rates at record-low levels for an "extended period." Doing so will energize the rebound.

74. Geithner to Confer With European Leaders - Wednesday, May 26, 2010

WASHINGTON (AP) — Treasury Secretary Timothy Geithner will meet with European finance officials this week to review a $1 trillion rescue package that is being assembled to help stem the spreading debt crisis.

75. Stocks Trade Mixed on Europe Worries - Tuesday, May 25, 2010

Stocks traded in a tight range Monday after the rescue of a regional bank in Spain added to concerns about Europe's economy.

The Dow Jones industrial average fell about 40 points in afternoon trading. The technology-heavy Nasdaq composite index climbed after traders bought shares hit in the market's slide last week.

76. Memphis in May - Monday, May 10, 2010

In 1977, Lyman Aldrich had job creation in mind when he invited Japanese businessmen to serve on the board of Memphis in May.

Two years later, Sharp Electronics, a Japanese manufacturer, announced its intention to build its first U.S. plant in Memphis.

77. Regulator Faults Wall Street Banks on Derivatives - Friday, March 12, 2010

WASHINGTON (AP) - Wall Street banks are seeking exemptions to proposed new financial derivatives rules that could shield more than half the trades that should be subject to disclosure, a federal regulator said Thursday.

78. IMF: Global Economy Recovering But Stimulus Needed - Wednesday, January 27, 2010

WASHINGTON (AP) - The world economy is recovering at a faster-than-expected pace but still needs government stimulus efforts to keep it going, the International Monetary Fund reported Tuesday.

79. Worlds Away Opens Second Outlet in Memphis - Monday, January 11, 2010

Worlds Away, a designer of home furnishings and accessories, has opened its second outlet in the city.

Now the Memphis-based company offers a Midtown location in addition to its Downtown headquarters. Shoppers at the two outlets can buy furniture, lamps, small statuary and other items that are typically sold only to retailers.

80. Intel Hit with More Antitrust Charges in FTC Suit - Thursday, December 17, 2009

SAN FRANCISCO (AP) - The Federal Trade Commission piled on new antitrust charges against Intel Corp. on Wednesday, seeking to end what it described as a decade of illegal sales tactics that have crippled rivals and kept prices for computer chips artificially high.

81. Taking Off - Tuesday, October 13, 2009

Aviators attain flight and control the movements of their aircraft by precisely balancing the forces of lift, thrust, drag and gravity. The people piloting the aerotropolis initiative – the promotion of Memphis’ economy focused on the airport, other transportation assets and the connectivity among them – are negotiating their own set of physics in hopes of becoming airborne.

82. Taking Off - Monday, October 12, 2009

Aviators attain flight and control the movements of their aircraft by precisely balancing the forces of lift, thrust, drag and gravity. The people piloting the aerotropolis initiative – the promotion of Memphis’ economy focused on the airport, other transportation assets and the connectivity among them – are negotiating their own set of physics in hopes of becoming airborne.

83. Fed Scales Back 2 Emergency Lending Programs - Friday, September 25, 2009

WASHINGTON (AP) - The Federal Reserve on Thursday said it is further scaling back two emergency lending programs as the economy improves.

The Fed will reduce the amount of money available to banks in short-term loans under a program called the Term Auction Facility, or TAF.

84. Interbank Lending Rates Fall to Record Low - Friday, July 03, 2009

The cost of three-month euro loans between banks fell to another record low Thursday – the latest drop since last week’s €442 billion ($620 billion) 12-month money auction from the European Central Bank.

85. Dollar 3-Month Interbank Lending Rate at New Low - Tuesday, June 16, 2009

LONDON (AP) - The cost of three-month dollar loans between banks fell Monday to a new low after some cautiously optimistic comments from the finance ministers of the world's eight leading industrial nations.

86. Bernanke: Start Work Now to Curb Budget Deficit - Thursday, June 04, 2009

WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke is urging Congress and the Obama administration to start plotting a strategy to curb record-high U.S. budget deficits. Failing to do so could eventually erode investor confidence and endanger the economy's prospects for long-term health, he said.

87. Dollar 3-Month Interbank Lending Rate in Big Fall - Thursday, May 21, 2009

LONDON (AP) - The cost of three-month dollar loans slid to a new record low Wednesday after Bank of America Corp. said it had raised around $13.5 billion to shore up its capital position.

88. Dollar 3-Month Interbank Rate Falls to 6-Year Low - Friday, May 01, 2009

LONDON (AP) - The cost of three-month dollar loans between banks fell modestly to a six-year low Thursday after the U.S. Federal Reserve said the recession had eased slightly since its last meeting in mid-March, though it stressed that economic activity would likely remain weak.

89. Interbank Lending Rates Continue to Edge Lower - Friday, April 10, 2009

LONDON (AP) - The cost of three-month dollar loans between banks fell modestly Thursday amid hopes financial markets have stabilized and that government and central bank efforts to unthaw credit markets are having an effect.

90. Interbank Lending Rates Down as US Eases Bank Plan - Wednesday, April 08, 2009

The cost of three-month dollar loans between banks fell modestly Tuesday after the U.S. Treasury Department said it was making it easier for hedge funds and other private investors to participate in its plan to buy up banks’ bad assets, an acknowledgment that interest so far has been lackluster.

91. Fed Announces Credit Lines With 4 Central Banks - Tuesday, April 07, 2009

The Federal Reserve reported Monday it has expanded credit lines with the central banks of Japan, Switzerland, the United Kingdom and European Union that will provide foreign currency to U.S. banks – if needed.

92. Events - Tuesday, April 07, 2009

The Greater Memphis Chamber will host the Metro Business Council Breakfast today from 7:30 a.m. to 9 a.m. at The Racquet Club of Memphis, 5111 Sanderlin Ave. Terrance Reed, vice president of human resources for Buckeye Technologies, and Paul Morris of law firm Martin, Tate, Morrow & Marston PC will speak. Cost is $20 for members. For reservations, contact Ericka Milford at emilford@memphischamber.com or 543-3518.

93. Events - Monday, April 06, 2009

The Musculoskeletal Quarterly Lecture Series will be today at 5 p.m. at the University of Memphis’ FedEx Institute of Technology. Timothy M. Wright will speak on “Improving the Performance of Elbow Arthroplasty – An Effort in Translational Research.” For reservations, call 271-0000.

94. Signs Recession Nears Bottom, But Layoffs Persist - Friday, April 03, 2009

WASHINGTON (AP) - New signs that the recession could be nearing a bottom emerged Thursday, as factory orders were far better than expected and the Dow industrials surged over 8,000 for the first time in two months.

95. Dollar 3-Month Interbank Lending Rate Inches Higher - Thursday, February 26, 2009

LONDON (AP) - The cost of three-month dollar loans between banks rose modestly Wednesday amid concerns about the financial health of some big U.S. banks and despite assurances from U.S. Federal Reserve chairman Ben Bernanke that they would not be fully nationalized.

96. Dollar Interbank Lending Rate Edges Higher - Thursday, February 12, 2009

LONDON (AP) - The cost of three-month dollar loans between banks rose modestly Wednesday after the bank rescue plan announced by U.S. Treasury Secretary Tim Geithner failed to encourage markets.

97. 3-Month Interbank Rate Falls Modestly - Tuesday, February 10, 2009

The cost of three-month dollar loans between banks fell modestly Monday but remained relatively high amid ongoing worries that lenders continue to face funding problems despite government efforts to shore up their finances and free up credit markets.

98. 3-Month Interbank Lending Rates Unchanged - Monday, February 09, 2009

The cost of three-month dollar loans between banks remained high Friday amid ongoing worries that lenders continue to face funding problems despite government efforts to shore up their finances and free up credit markets.

99. Three-Month Dollar Interbank Lending Rate Steady - Friday, January 30, 2009

LONDON (AP) — The cost of three-month dollar loans between banks held steady Thursday after the U.S. Federal Reserve said interest rates will stay at record lows for "some time" and said it may buy Treasuries to boost the economy.

100. US 3-Month Interbank Rate Keeps Inching Higher - Monday, January 26, 2009

The cost of three-month dollar loans between banks continued to rise Friday amid concerns the global financial sector is still strapped for cash despite bailout programs.

The interbank lending rate on three-month loans in dollars – known as the London Interbank Offered Rate, or Libor – rose about 0.01 percentage points to 1.17 percent. Over the past couple of weeks, the big falls in the dollar rate experienced in the early part of the year had moderated and turned to increases as worries grew about capital shortages in banks.