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Editorial Results (free)

1. Obama Economic Adviser Leaving, Successor Picked -

WASHINGTON (AP) – President Barack Obama will replace Gene Sperling, his chief economic adviser and West Wing workaholic, with Jeffrey Zients, a top aide who has filled in as acting budget director and who led a White House effort to streamline government.

2. More Than 350 Economists Back Yellen for Fed Chair -

WASHINGTON (AP) – More than 350 economists have a signed a letter to President Barack Obama calling on him to nominate Federal Reserve Vice Chair Janet Yellen to be the Fed's next chairman. The letter is designed to draw attention back to Yellen amid signs that Obama is leaning toward nominating his former economic adviser Larry Summers.

3. The New One Thing -

Now that earnings season has essentially ended, the stock market needs a new muse. The next earnings season begins in early October. In between, analysts will tweak models and revise forecasts, but real data releases overpower estimate releases. In mid-September, the Fed will either reduce bond purchases or buy more time. President Obama will choose between the over-politicized Larry Summers, the over-dovish Janet Yellen or the over-qualified Don Kohn to succeed Ben Bernanke as the next Fed head. We will also soon revisit Washington’s favorite debate over the debt ceiling.

4. AP Source: No Fed Chair Pick Until the Fall -

WASHINGTON (AP) – The White House says President Barack Obama is not expected to name a new chairman of the Federal Reserve until the fall, lowering expectations for an imminent announcement.

5. Oklahoma, Arkansas Fear Repeat of 2011 Drought -

TULSA, Okla. (AP) — As extreme drought and scorching heat creep back into the Southern Plains, ranchers and state foresters fear a repeat of last summer's tinderbox conditions that turned pastures into wasteland, sparked hundreds of wildfires and ravaged countless acres of crops.

6. Kitchens Unlimited’s Kassen Wins TriStar Award -

Karen Kassen of Kitchens Unlimited has won a TriStar Award for Residential-Singular Space in the 2010 Tennessee American Society of Interior Designers Design Competition.

Work Experience: I began working at Kitchens Unlimited as an intern in 1992, and purchased the business with my family in 1998. So, I have worked at the same firm for the last 18 years.
Family:
Husband, Joe, who is involved in our business. Two sons: Hays, 11, and Wynn, 8.
Why did you pursue a career in kitchen design?
Although I began school in architecture, a kitchen designer friend got me interested in the specialization. While kitchen design involves a very technical side of interior design, I still get to work with finishes, materials, decorative arts and architectural planning. It is the best of both worlds.
What does winning the TriStar Award from ASID mean to you?
I was very proud to share this award with a talented interior designer, Julia Finnell. She and I collaborated with an involved and passionate client to create a winning kitchen in a home that had been contemplated for years. There is no better confirmation than having someone in your profession praise your work for being the best.
What do you consider your greatest professional accomplishments?
I am the only designer in Memphis to achieve the certification of Master Kitchen and Bath Designer, and one of only three people in the state of Tennessee. Last year, I was selected by National Kitchen and Bath Association and HGTV to be featured with one of my kitchen projects in a short story commercial that aired on HGTV and DIY network.
What do you most enjoy about your work?
I get to be creative every day. I love that designing a kitchen or bathroom can be so impactful on the lives of my clients. It’s so rewarding to see a project transform from a sketch to real working and functioning space. Best of all, I enjoy the collaboration of working on projects with other designers, architects and my colleagues.

7. House Democrats Reject Tax Plan Without Changes -

WASHINGTON (AP) – House Democrats voted Thursday to reject President Barack Obama's tax deal with Republicans in its current form, but it was unclear how significantly the package might need to be changed.

8. Quarterly Report: Record Earnings On Horizon -

Earnings Bonanza We have now completed a quarter of third quarter’s earnings season. Traditionally, 60 percent of the companies within the S&P 500 top earnings expectations as managements issue conservative guidance followed by better results. Many forecasted a surprise ratio below the historical norm as economic softness threatens revenue growth and efficiency gains become more difficult.

9. Obama Aide's Exit Could be Prelude to More Changes -

WASHINGTON (AP) – The departure of President Barack Obama's top economic adviser at the end of the year could provide the White House with an opportunity to revamp its economic team after the November elections, when voters are expected to take out their anxieties on Democrats.

10. Boehner Sees 'Ongoing Economic Uncertainty' -

CLEVELAND (AP) – House Republican leader John Boehner on Tuesday urged President Barack Obama to support an extension of tax cuts and to fire key economic advisers, arguing that more than a year of "government as community organizer" has failed to revive the economy.

11. Romer, Key Obama Economic Aide, Resigning -

WASHINGTON (AP) – Christina Romer, one of President Barack Obama's most pivotal economic advisers, is resigning, a change that comes as the White House struggles to show signs of clear economic gains to a hurting nation.

12. GM Pays Back Government Loans from US, Canada -

DETROIT (AP) - General Motors Co. has repaid $8.1 billion in loans it got from the U.S. and Canadian governments, a move its CEO says is a sign the automaker is on the road to recovery.

13. Rubin is Challenged on Role in Citi's Risk-Taking -

WASHINGTON (AP) - Robert Rubin, the former financial superstar once lionized for his global crisis-fighting prowess, was scolded Thursday over the mortgage-securities disaster at Citigroup Inc. when he was a top executive there. His claim he didn't know of the risks piling up drew a sharp retort.

14. Service Sector Activity, Retail Sales Disappoint -

NEW YORK (AP) – Further evidence that the economic recovery will be a slow and bumpy one emerged Thursday with reports service sector activity and retail sales unexpectedly shrank in November as consumers held back on purchases.

15. Corker Decries Auto Industry Bailout, Other Federal Moves -

U.S. Sen. Bob Corker is not only a critic of the federal stimulus package in Washington – he’s also outspoken against the federal bailout of the auto industry, especially since Tennessee is one of the top three states for auto manufacturing.

16. UAW, Chrysler and Fiat Reach Concession Deal -

DETROIT (AP) - Chrysler LLC cleared another major obstacle to its survival Sunday when it reached a tentative deal on concessions with the United Auto Workers union, helping it move closer to inking a vital alliance with Italy's Fiat Group SpA.

17. Congress Tackles Credit Cards, Health Care, Energy -

WASHINGTON (AP) - When lawmakers return to Capitol Hill this week, hammering out details of the budget passed before the spring break will be at the top of the agenda.

On Sunday Republicans continued to warn that President Barack Obama's spending plan is a "disaster" for the country, even though the federal income tax burden is at a historic low, according to the Congressional Budget Office.

18. 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.

19. AIG Bonuses Won't Stand, Dem Senators Declare -

WASHINGTON (AP) - Talking tougher by the hour, livid Democrats confronted beleaguered insurance giant AIG with an ultimatum Tuesday: Give back $165 million in post-bailout bonuses or watch Congress tax it away with emergency legislation.

20. Obama Will Broaden Bailout Spending -

WASHINGTON (AP) - President-elect Barack Obama's top economic adviser told congressional leaders Monday that the incoming president would broaden goals for using the remaining $350 billion financial bailout and insure transparency and oversight.

21. Brinkley Heights Ministries To Expand Academy -

3277 Macon Road
Memphis, TN 38122
Permit Cost: $2.4 million

Project Cost: $2.4 million

Permit Date: Applied March 2008

22. Amid Economic Turmoil, Fed Chief Consulted With Major Players in Financial World -

WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke consulted with predecessor Alan Greenspan, major financial players and even a speech consultant as he grappled with growing economic turmoil.

23. March Turns to Madness for Memphis Hoops Fans -      The NCAA men's basketball tournament is dubbed March Madness for the month it's played and for the frenzied atmosphere of its games.
     But there's more to it than slam dunks and fast break

24. Archived Article: Day Camp Bott - By STACEY PETSCHAUER Day camp proposed for Raleigh-Millington Road By STACEY PETSCHAUER The Daily News A proposed development, called For The Kingdom Planned Development, that would create a day camp/summer camp within the Memphis city limits is set...

25. Archived Article: Uofm Summer Jobs Lj - By LAURIE JOHNSON U of M summer jobs program touts science to high-schoolers By LAURIE JOHNSON The Daily News For many high school-age kids, a summer job means a stint at a fast food restaurant or music store. If they are allowed to supplement their...