VOL. 123 | NO. 130 | Thursday, July 3, 2008

A Hollywood ending may be in store for a nearly two-year-old federal lawsuit filed in Memphis that deals with issues surrounding the growth of Blockbuster’s video rental empire.
A meeting of the Shelby County Circuit Court judges last week dealt, at least in part, with the attorney dress code issue that has drawn attention from the public and even the international press in recent weeks.
WASHINGTON (AP) – Orders to U.S. factories turned in the weakest performance in three months in May, reflecting slumping demand for autos, heavy machinery and steel.
NASHVILLE (AP) – Medicaid rule changes that were expected to cost Tennessee $73 million in federal funds have been rolled back by Congress, but it’s not clear if they will help state children’s workers from being laid off.
Frederick J. Lewis, a shareholder with Ogletree, Deakins, Nash, Smoak & Stewart PC, recently was ranked as a top attorney in the labor and employment field in the 2008 edition of Chambers USA.
DETROIT (AP) - A last-minute no-interest financing offer and strong sales of some cars helped General Motors Corp. keep its U.S. sales over Toyota Motor Corp. last month, but it was still the worst June for the industry in 17 years and a harbinger of more misery ahead.
FRANKFURT, Germany (AP) - Deutsche Bank AG reported Wednesday that market uncertainty and a wavering global economy was unlikely to result in a second-quarter loss.
LONDON (AP) - The United States must build a tougher regulatory system that can allow financial institutions to fail without causing wider economic turbulence, U.S. Treasury Secretary Henry Paulson said Wednesday in London.