VOL. 125 | NO. 116 | Wednesday, June 16, 2010
FedEx Corp. closed the fiscal year on a high note with strong fourth-quarter earnings, but the global shipping giant issued a conservative outlook as it gears up for the next 12 months.
Le Bonheur celebrates 58 years with new hospital
The floats told the story of Le Bonheur Children’s Hospital on Tuesday as it celebrated its 58th birthday with the opening celebration for a new $340 million pediatric medical center.
With green rakes and hard hats, city leaders broke ground Wednesday for the $15 million Tiger Lane project at the Mid-South Fairgrounds.
The property that houses the Memphis Biofuels LLC biodiesel production facility has been foreclosed and will be sold on the courthouse steps, according to a notice that appears on Page 24 of Wednesday’s print edition of The Daily News and also at The Daily News Online, www.memphisdailynews.com.
A new investment management and consulting firm is preparing to set up shop Downtown after considering spaces in Midtown and in East Memphis’ Ridgeway Center.
An out-of-town company has pulled the trigger on the largest multifamily deal of 2010 with the $16.3 million purchase of the Arbors of River Oaks.
Moya Fulbright-Dent has been named to the First Tennessee Bank private client team.
Let’s face it – consumers are simply bombarded with marketing clutter everywhere they turn. Standing out from the pack takes ingenuity, which is at the heart of guerrilla marketing.
Millington Mayor Richard Hodges missed some meetings of the Metro Charter Commission because of the early May floods. Millington got the worst of the flooding in Shelby County.
STATEWIDE
NASHVILLE (AP) - Republican Bill Haslam's campaign says the Knoxville mayor has topped $8 million in contributions for his gubernatorial bid.
NASHVILLE (AP) - Local bar associations are celebrating Law Day Tuesday by honoring local attorneys who defended the rights of lunch counter sit-in demonstrators in Nashville in 1960.
REAL ESTATE
WASHINGTON (AP) – Homebuilders are losing confidence in the housing market now that government incentives that spurred home sales have ended.
NATIONAL BUSINESS
WASHINGTON (AP) - China boosted its holdings of U.S. Treasury debt in April for the second straight month as total foreign holdings of U.S. government debt increased.
NATIONAL POLITICS
PENSACOLA, Fla. (AP) - Laying the groundwork for an evening speech to the nation, President Barack Obama walked a pristine stretch of sand on Florida's shoreline Tuesday and pledged to "fight back with everything we've got" against the spreading oil lurking offshore.
WASHINGTON (AP) - Members of Congress chastised the largest oil companies Tuesday, accusing them of being no better prepared than BP to avert an environmental catastrophe.
DES MOINES, Iowa (AP) – Who would choose to buy something without knowing exactly how much it costs? Few people would. Yet that’s what millions of investors do when they sign up for a 401(k) plan.