VOL. 123 | NO. 33 | Monday, February 18, 2008
2007 worst year in county in 25 years
New data show 2007 was the worst year for new housing permits and home closings in Shelby County since the early 1980s, adding to the well-documented housing woes that stemmed from last year's subprime fallout and credit crunch.
As the lawsuits and arbitration claims keep piling up on behalf of investors who lost millions of dollars in several Regions Morgan Keegan mutual funds last year, another group of investors is prepping for legal action.
With makeover TV shows such as "What Not to Wear" and "Extreme Makeover: Home Edition" popularizing the concept of improvement of some sort, now is as good a time as any for a makeover. It seems the same can go for a business in need of a new image.
The owner of the city’s best known strip club owners was sentenced Friday to 18 months in prison on a federal conspiracy charge.
The power is back on in Hickory Hill. More than 200 people applied for aid from the Federal Emergency Management Agency office on its first full day of operation at the Hickory Hill Community Center. And some homeowners already have received their checks to begin repair work on homes, according to the FEMA spokesman in Memphis.
She came to federal court on Valentine's Day wearing red - her hair a slightly different shade of red than her jacket. Some of her supporters wore red as well and carried homemade signs with hearts on them.
Wright Medical Group Inc. has reported revenue in fourth quarter 2007 was up 19 percent compared to the year-ago quarter, but earnings were down 75 percent due to ongoing restructuring costs and arbitration expenses.
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.
NASHVILLE (AP) - The sponsor of a bill that would allow public-private road-building partnerships says he is withdrawing the measure from consideration this session to instead concentrate on a toll bridge proposal.
NASHVILLE (AP) - A new report examines thousands of statistics from Tennessee to try to quantify the relationship between education and quality of life issues such as jobs, health and civic participation.
ATLANTA (AP) - Regional bank SunTrust Banks Inc. said Friday James M. Wells III, the company's president and chief executive, will assume the role of chairman of the board at the company's annual meeting April 29.
NASHVILLE (AP) - Some state lawmakers are considering changing the dates for the upcoming tax-free shopping weekend after complaints from shoppers and religious leaders that it falls on Easter.