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Editorial Results (free)

1. Many Seek New Homes Near Cities But are Priced Out -

WASHINGTON (AP) – City living has been a blessing for Tim Nelson.

The Phoenix lawyer moved downtown a few months ago into a new $389,000 home with a warehouse-style floor plan, a Jacuzzi tub and kitchen counters made of Caesarstone quartz. His favorite coffee spot is three blocks away. When the Arizona Diamondbacks play on Friday nights, he can watch postgame fireworks from his deck.

2. Hillview Village Apartments Sell for $5.9 Million -

2051 E. Alcy Road
Memphis, TN 38114
Sale Amount: $5.9 million

Sale Date: March 27, 2014
Buyer: 2013 Hillview LP
Seller: Alcy Partners LP
Details: The 265-unit Hillview Village Apartments at 2051 E. Alcy Road in the Defense Depot neighborhood have sold for $5.9 million.

3. Oak Court Mall Transferred To Simon Property Spinoff -

Simon Property Group has transferred ownership of the Oak Court Mall to Washington Prime Group Inc. as part of a planned spinoff of some of its shopping centers and smaller malls.

4. Under Fire, 'Obamacare' Going Live – With Glitches -

WASHINGTON (AP) – Contentious from its conception, President Barack Obama's health care law has survived the Supreme Court, a battle for the White House and rounds of budget brinkmanship. Now comes the ultimate test: the verdict of the American people.

5. SEC Considers Tougher Rules for Money Funds -

WASHINGTON (AP) – Investors could lose principal from money market investment funds that perform poorly under regulations proposed Wednesday by the Securities and Exchange Commission. But the change would affect mainly institutional rather than individual investors.

6. Apple's Cook Faces Senate Questions on Taxes -

WASHINGTON (AP) – The Senate dragged massively profitable Apple Inc. into the debate over the U.S. tax code Tuesday, grilling CEO Tim Cook over allegations that its Irish subsidiaries help the company avoid billions in U.S. taxes.

7. US Trade Panel Finds Harm From China Solar Panels -

WASHINGTON (AP) – A federal trade panel found China responsible Wednesday for harming the U.S. solar panel industry, clearing the final hurdle for U.S. attempts to impose steep tariffs on Chinese solar companies.

8. Study: Chinese Imports Cost 96,300 Jobs in Mid-South Since 2001 -

A new report from a liberal think tank says Chinese imports caused the loss of 2.7 million jobs in the United States, including 96,300 in the Mid-South, since the industrializing nation joined the World Trade Organization in 2001.

9. New Law Gives US Companies a Break on Pensions -

WASHINGTON (AP) – A new law will let companies contribute billions of dollars less to their workers' pension funds, raising concerns about weakening the plans that millions of Americans count on for retirement.

10. ‘Washington Courtyard’ Sells For $900K -

A trio of office buildings at Washington Avenue and Danny Thomas Boulevard has traded hands for $900,000.

Investment group 301 WA LTD LLC of Arizona purchased the assets from Gregory Realty GP. Brian Califf of NAI Saig Co. represented the seller.

11. Mixed Impact on Consumers From Fed's 'Twist' -

Operation Twist doesn't give consumers much to shout about.

The Federal Reserve's latest effort to boost the economy by driving down long-term interest rates won't have a big impact on home and car buyers, savers or credit card users.

12. Working-Age Adults Make Up Record Share of US Poor -

WASHINGTON (AP) – Working-age America is the new face of poverty.

Counting adults 18-64 who were laid off in the recent recession as well as single twenty-somethings still looking for jobs, the new working-age poor represent nearly 3 out of 5 poor people – a switch from the early 1970s when children made up the main impoverished group.

13. Baltimore Wells Fargo Ruling Helps Local Cause -

The city of Baltimore’s mortgage discrimination lawsuit it filed three years ago against San Francisco-based Wells Fargo can go forward now that it has survived Wells’ motion to dismiss the case.

The federal judge presiding over the case published an opinion Friday that gave the green light to Baltimore’s fourth iteration of its suit.

14. Panel Finds Financial Crisis was Avoidable -

WASHINGTON (AP) – The government-appointed panel investigating the roots of the financial crisis says the meltdown occurred because government officials and Wall Street executives ignored warning signs and failed to manage risks.

15. Obama Orders Review of Rules to Boost Economy -

WASHINGTON (AP) — President Barack Obama, in another move to smooth frayed ties with corporate America, ordered a far-reaching review of federal regulations Tuesday with the goal of weeding out rules that hurt job growth and creation. Republicans and business groups welcomed the step but suggested he do even more.

16. Geithner to Confer With European Leaders -

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.

17. Fed Holds Rates at Record Lows to Foster Recovery -

WASHINGTON (AP) - The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery and ease high unemployment.

But the Fed's assessment of the economy was a bit more upbeat. It said the job market is stabilizing. That was an improvement from its January statement, when it said the deterioration in the labor market was abating.

18. House Panel Goes Back to Work on Health Care -

WASHINGTON (AP) - The Senate's top Republican accused Democrats of cutting Medicare to finance a "massive new government-run" health care plan, as the last of three House committees pushed its way through a compromise version of the health care overhaul Thursday.

19. Obama May Have to Wait for Health Care Passage -

WASHINGTON (AP) - Conservative House Democrats signaled on Wednesday that Congress is far from fulfilling President Barack Obama's goal of overhauling health care, just hours before the president planned another televised appeal to lawmakers to get the job done.

20. Benefits Tax Advances in Health Care Negotiations -

WASHINGTON (AP) - Taxing workers for employer-provided medical benefits could become the next big controversy for President Barack Obama in his quest to overhaul the nation's health care system.

21. Credit Card Legislation Nearing Success -

WASHINGTON (AP) - Responding to a wave of populist anger, the House moved toward passage of a consumer protection bill to rein in credit card practices and eliminate sudden interest rate increases and late fees that have entangled millions of consumers.

22. FDIC's Bair Urges Higher Capital for Banks -

WASHINGTON (AP) - The head of the Federal Deposit Insurance Corp. says new oversight of big financial institutions deemed to be high risk should include raising their capital requirements to help protect the financial system.

23. Red Flags Abounded During SEC Probe Of Stanford Cos. -

WASHINGTON (AP) – As with the Bernard Madoff case, the scandal surrounding billionaire R. Allen Stanford now seems clear and obvious in hindsight. Yet Stanford managed to run his alleged scheme even while the U.S. Securities and Exchange Commission and other regulators investigated his businesses.

24. Paulson, Bernanke Defend $700 Billion Bailout -

WASHINGTON (AP) – Treasury Secretary Henry Paulson expressed fresh reservations Tuesday about tapping a $700 billion bailout pool to provide mortgage guarantees to help stem soaring U.S. home foreclosures.

25. Fed Weighs Another Rate Reduction to Limit Fallout -

WASHINGTON (AP) - Disappearing jobs, burrowing consumers and skittish companies are reasons for the Federal Reserve to lower interest rates and brace the tottering economy.

Fed Chairman Ben Bernanke and his colleagues open a two-day meeting Tuesday afternoon – their last before the November elections – to make a fresh assessment of economic and financial conditions and decide their next move on rates. Their decision will be announced Wednesday.

26. US Moves To Jump Start Bank Rescue Effort -

WASHINGTON (AP) – The Bush administration announced Monday it is moving quickly to implement a $700 billion rescue program, including consulting with private law firms on how to buy ownership shares in banks to help thaw frozen lending and get the economy moving again.

27. A Look at Financial Developments Around the World -

A look at what happened in some stock markets around the world Monday:

___

EUROPE (AP) – European governments overcame their differences to put 1.7 trillion euros ($2.3 trillion) on the line in guarantees and other emergency measures to save the banking system, in their most unified response yet to the global financial crisis. The pledges by six countries that use the euro and Britain helped soothe stock markets, along with a promise by top central banks to provide unlimited short term dollar credits.

28. Fed Orders Emergency Rate Cut, Other Banks Follow -

WASHINGTON (AP) – The Federal Reserve, acting in coordination with other global central banking authorities, cut a key U.S. interest rate by half a percentage point Wednesday to steady a teetering economy.

29. Wall Street Crisis Could Put Fed Rate Cut in Play -

WASHINGTON (AP) - Wreckage from a massive crisis on Wall Street could prompt the Federal Reserve to do an about face and once again cut a key interest rate this week or possibly later this year, economists said Monday.

30. Drug Price Hikes Draw Scrutiny from Lawmakers -

WASHINGTON (AP) - Pharmaceutical companies are increasingly hiking the prices of specialty medications by 100 percent or more - sometimes much more - attracting scrutiny from lawmakers who have pledged to lower health care costs.

31. Federal Reserve Finds Deepening Credit Crisis -

WASHINGTON (AP) - More banks are tightening lending standards on home mortgages and other consumer and business loans as a deepening credit crisis exerts a heavier toll on the economy.

The Federal Reserve said Monday the percentage of banks reporting tighter lending standards rose across various loan types in its July survey. In April, the central bank had found that the percentage of banks reporting tighter lending standards was already near historic highs.

32. Fed Holds Rates Steady for Now -

WASHINGTON (AP) - With inflation moving higher on its worry list, the Federal Reserve held interest rates steady Wednesday, ending nearly a year of cuts to bolster the economy, and hinted that the next direction for rates could be up.

33. Sports-Related Cases Heat up in Media -

When a professional athlete goes to trial, the media shines a bright light.

And ESPN.com writer and commentator Lester Munson told a group of Memphis lawyers the light can distort appearances and even become too much of a temptation for judges.

34. Federal Reserve Reports Tighter Bank Lending Standards -

WASHINGTON (AP) - The Federal Reserve reported Monday that more banks are tightening lending standards on home mortgages, other types of consumer loans and business loans in response to a spreading credit crisis.

35. Fed Poised to Cut Rates; May Take Break After That -

WASHINGTON (AP) - Battling risky economic crosscurrents, the Federal Reserve is ready to bump down a key interest rate again to brace the wobbly economy. That rate cut could turn out to be the last one for a while as zooming energy and food prices heighten inflation concerns. The group begins its two-day meeting today.

36. MALS’ Stature Grows Under McIver’s Watch -

Harrison McIver runs a well-known Downtown law firm. The name doesn't include any partners, founders or shareholders, though. It has a prime location a block from the Shelby County Courthouse and about three blocks from the Criminal Justice Center.

37. Fed Cuts Interest Rates Bold Half-Point to Boost Ailing Economy; Wall Street Still Wary -

WASHINGTON (AP) - The Federal Reserve delivered powerful new relief to people and businesses squeezed by the ailing economy Wednesday, cutting interest rates ever deeper in an effort to avert or at least soften the blow of a recession.

38. Fed Seems Poised To Lower Interest Rates -

WASHINGTON (AP) - What a difference in economic conditions since the Federal Reserve last met in October.

Credit has become harder to obtain, Wall Street has convulsed again and the housing slump has intensified. And policymakers at the central bank now appear to have changed their minds about the need to drop interest rates again.

39. Federal Reserve Cuts Interest Rate to Help Ease Strain of Housing Slump on Economy -

WASHINGTON (AP) - The Federal Reserve sliced an important interest rate Wednesday - its second reduction in the last six weeks - to help the economy survive the strains of a deepening housing slump that is likely to crimp growth in coming months.

40. Another Fed Rate Cut Anticipated -

WASHINGTON (AP) - The message from Ben Bernanke and his Federal Reserve colleagues is clear: The housing slump will drag on well into next year as credit problems linger. What's not so apparent is how they'll deal with the crisis, although another interest rate cut could come this week.

41. As Foreclosures Surge, Mortgage Lenders Pressured to Offer Borrowers Relief -

LOS ANGELES (AP) - Countrywide Financial Corp., the nation's largest mortgage lender, said Tuesday it will begin calling borrowers to offer refinancing or modifications on $16 billion in loans with interest rates set to adjust by the end of 2008.

42. Central Parking Corp.Sells European Operations -      Central Parking Corp., a Nashville-based company, announced Friday it has completed the sale of its European operations to the APCOA Group.
     The sale includes Central's operations in the

43. Archived Article -

Properties in Collierville, Memphis,
Jackson, Tenn., and Southaven
Loan Amount: $9.3 million

Loan Date: Nov. 30, 2006

44. Archived Article: Lead - ANDY MEEK

DeSoto Incentives Lure More Business

Growth comes at Memphis expense, some owners say

ANDY MEEK

The Daily News

When Gary Moores annual membership renewal came due from the Memphis Regional Chamber, he decided he wasnt going ...