VOL. 123 | NO. 42 | Friday, February 29, 2008
A handful of high-dollar deals highlighted Shelby County's commercial real estate sales landscape in January, helping 2008 begin on a positive note with a total sales volume of $137.4 million.
Shelby County Mayor A C Wharton Jr. broke the news recently that the county's official budget shortfall is $2 million higher than his finance team originally had forecast. And it could climb higher still.
F. Gray Carter is many things to many people. Besides his day job as vice president of purchasing and logistics for Buckeye Technologies Inc., Carter is first and foremost a husband and a father.
In the past 12 months, singing diva Celine Dion pulled down a cool $45 million, according to Forbes. Meanwhile, country crooner Tim McGraw earned $37 million and rapper 50 Cent had to make do on $33 million.
Shelby County Board of Commissioners members and their counterparts on the Memphis City Council don't seem to be interested in seeing anymore artist renderings or PowerPoint presentations of what might be in The Pyramid.
At age 25, just two years after she graduated from the University of Memphis with a bachelor's degree in journalism, Johanna Edwards signed a six-figure book deal with New York-based Berkley Books, a division of the Penguin Group.
Former state Sen. John Ford was ordered Thursday to begin serving in the next two months his five-and-a-half year prison sentence for a bribery charge.
MINNEAPOLIS (AP) - With talks stalled between pilots at Northwest and Delta airlines, the Northwest pilots on Wednesday laid out some of the key problems that are holding up a potential airline combination, according to the latest available by press time.
NEW YORK (AP) - A rogue trader at MF Global Ltd. rang up $141.5 million in losses on the broker's account this week, the company said Thursday, a black eye that cost the company almost a fifth of its market value.
WASHINGTON (AP) - Freddie Mac on Thursday said its loss widened to $2.5 billion in the fourth quarter of 2007 as mortgage defaults mounted and falling interest rates hurt certain investments.
NASHVILLE (AP) - The state Senate has voted unanimously make it a crime for illegal immigrants to use falsified federal identification to gain employment.
NASHVILLE (AP) - The Senate has unanimously passed a bill to require companies contracting with the state to operate toll roads or bridges to be majority American owned.
NASHVILLE (AP) - The state Senate has passed a bill to increase penalties for drunken drivers if children riding in their cars are injured or killed.
NASHVILLE (AP) - The Legislature's Black Caucus has lodged a complaint with House Speaker Jimmy Naifeh about a Republican member's exclusion of a Democratic lawmaker who wanted to co-sponsor an anti-abortion resolution.
NASHVILLE - State Senate Speaker Ron Ramsey has signaled a possible compromise on lottery scholarship retention standards.
WASHINGTON (AP) - Treasury Secretary Henry Paulson said Thursday that many proposals being put forward to deal with the housing slump would do more harm than good.
WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke told Congress Thursday that the nation isn't "anywhere near" the dangerous stagflation situation of the 1970s.
WASHINGTON (AP) - To insulate commercial real estate from a still-crumbling housing market, investors need a confidence boost and Congress should help give it, industry analysts and executives told lawmakers Thursday.
NASHVILLE (AP) - A proposal to create constitutional protections for hunting in Tennessee is headed back to the House after the Senate passed a slightly changed version.