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VOL. 123 | NO. 232 | Wednesday, November 26, 2008

Decision Time Looms for Overton Square Grocery

By the end of the year, the Kansas City, Kan.-based grocery wholesaler that’s pursuing a major redevelopment of Overton Square likely will have made a stronger signal of its intentions at the site or dropped out of the project altogether.

‘Green Lane’ Smooths Path for Airport Travelers

One security checkpoint at Memphis International Airport has become easier to navigate just as this year’s holiday travel season kicks off.

Postal Police Urge Caution With Mail, Other Items

The season for postal bin diving and mailbox pilfering has arrived.

Northwest Flight Attendants’ Union Sues Delta

ATLANTA (AP) – The union that represents Northwest Airlines flight attendants is suing Delta Air Lines Inc. to block the world’s biggest carrier from starting the process to integrate the two carriers’ seniority lists until the combined group is given the opportunity to vote on union representation.

Government Announces New Loan Programs

WASHINGTON (AP) – The federal government, still struggling to manage a severe financial crisis, unveiled two new programs Tuesday that will provide $800 billion to try to help unfreeze the market for consumer debt from home mortgages to credit cards.

Local Weather
Today
Memphis, TN
71°F
Fair
Wind: 7 mph
Humidity: 29%

EVENTS

St. Jude Children’s Research Hospital will host a symposium Dec. 3 at St. Jude, 262 Danny Thomas Place. The symposium will cover advances in genetics research. Registration is due today. For more information, visit www.stjude.org/seminars or call Linda P. Taylor at 595-2235.

more events »

UT Medical Group Names Martin VP of Corporate Compliance

Linda Martin has joined UT Medical Group Inc. as vice president of corporate compliance.

Home Sales, Prices Down Again in South

MIAMI (AP) - Existing home sales in Southern states fell more than 10 percent in October compared to the same month a year ago, while the median sales price dropped nearly 6 percent to $161,000, the National Association of Realtors reported Monday.

State Hopes Federal Stimulus Would Aid VW Promise

NASHVILLE, Tenn. (AP) - Tennessee Economic and Community Development Commissioner Matt Kisber hopes any federal stimulus for states would help Tennessee fulfill its promises to Volkswagen.

Economy's Tumble Even Worse than Expected in Q3

WASHINGTON (AP) - The economy took a tumble in the summer that was worse than first thought as American consumers throttled back their spending by the most in 28 years, further proof the country is almost certainly in the throes of a painful recession.

AIG Restricts Exec Compensation, CEO Gets a Dollar

CHARLOTTE, N.C. (AP) - American International Group Inc. said Tuesday it is limiting how much it pays its top executives, including granting a $1 salary for this year and the same for 2009 to its Chief Executive Edward Liddy.

Sector Snap: Regional Bank Stocks Mixed

NEW YORK (AP) - Shares of regional banks were mixed Tuesday, after the government introduced a number of new initiatives designed to help unfreeze the credit markets.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 52 136 5,209
MORTGAGES 79 182 6,891
FORECLOSURE NOTICES 0 37 1,593
BUILDING PERMITS 328 328 12,307
BANKRUPTCIES 66 171 5,471
BUSINESS LICENSES 30 58 2,119
UTILITY CONNECTIONS 85 182 7,240
MARRIAGE LICENSES 0 24 1,482

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