VOL. 127 | NO. 209 | Thursday, October 25, 2012
Thanks to a unanimous vote of approval from the NBA Board of Governors, Robert Pera is a few days away from being the new owner of the Memphis Grizzlies.
Memphis music, culture spotlighted at various exhibits worldwide
The Memphis hotel industry can thank at least 200,000 of its room nights last year to European visitors booked by tour operators.
Photo library cards the city of Memphis began issuing this summer can be used as valid identification for the Nov. 6 elections.
Memphis-based International Paper Co. posted net earnings for the third quarter of $237 million compared to $468 million the same period a year ago, a 49 percent drop.
Delta Air Lines announced Wednesday, Oct. 24, a third-quarter profit that nearly doubled for the three months that included the start of the second round of Delta air service cuts at Memphis International Airport in a year.
When the countywide school board votes next week on a resolution to endorse a half-cent countywide sales tax hike, the vote will not be unanimous.
Early voter turnout in Shelby County is lagging behind the pace set four years ago during the last presidential general election.
The Memphis Bar Association has a new section of attorneys dedicated specifically to health care law.
MEMPHIS LAW TALK
It seems like with so many people, Lee Harris’ eventual career interest was sparked by television.
LOCAL COLUMNISTS
Ray’s Take Most people tend to think provincially. We see and weigh what is closer to us more heavily than things and events that are further away. Americans in particular have long believed that what happens to the economies outside our borders doesn’t really affect us. The euro may be threatened and certain countries facing default, but we tend to believe that our economy is so massive and insulated that it won’t really bother us.
The Infield Fly Rule is neither a rule of law nor one of equity; it is a rule of baseball,” wrote William S. Stevens in “The Common Law Origins of the Infield Fly Rule,” University of Pennsylvania Law Review, vol. 123, p. 1474.
NATIONAL BUSINESS
NEW YORK (AP) — The latest federal lawsuit over alleged mortgage fraud paints an unflattering picture of a doomed lender: Executives at Countrywide Financial urged workers to churn out loans, accepted fudged applications and tried to hide ballooning defaults.
JACKSON, Miss. (AP) – A settlement conference is scheduled Thursday in a federal lawsuit brought by a man who was injured in an explosion at an International Paper Co. mill in Mississippi in 2008.
OMAHA, Neb. (AP) — Billionaire investor Warren Buffett said Wednesday that the global economy is definitely slowing because of continued problems in Europe and the decline in Asia.
JACKSON, Miss. (AP) — Trustmark Corp. says profit in 2012's third quarter rose 10.9 percent from the same three months of 2011, as it paid less interest on deposits and set aside less money to cover future bad loans.
DALLAS (AP) — US Airways turned in a strong performance during a three-month stretch that covers much of the peak summer vacation season.
NATIONAL GOVERNMENT
WASHINGTON (AP) — Two weeks before a U.S. election focused on the economy, the Federal Reserve said Wednesday that its help is still needed to increase growth and lower unemployment.
REAL ESTATE
WASHINGTON (AP) — U.S. sales of new homes jumped last month to the highest level in more than two years, further evidence of a sustained housing recovery that could help lift the lackluster economy.