VOL. 124 | NO. 10 | Thursday, January 15, 2009
The most revealing metric for gauging the extent of the foreclosure problem in Shelby County over the course of 2008 isn’t a number at all – though the numbers point to what arguably is a disturbing trend.
While the number of foreclosure sales in Shelby County in 2008 posted a nearly 7 percent increase compared to last year, the fourth quarter of 2008 did not follow that same general trend, according to the latest numbers from real estate information company Chandler Reports, www.chandlerreports.com.
A lawsuit against Memphis hospitals over an alleged wage-fixing conspiracy is actually a union ploy to organize nurses, according to a court filing by the hospitals’ attorneys.
Two pieces of national legislation that deal with equal pay for equal work recently were passed by the U.S. House of Representatives and soon will be up for Senate consideration.
The new year brought new hope for the embattled mortgage industry, but it also brought a continuation of low interest rates, which has spurred a refinancing boom unlike any in recent memory in Memphis and elsewhere.
NASHVILLE (AP) – The surprise election of Republican Rep. Kent Williams as speaker of the Tennessee House has heightened the atmosphere of uncertainty in an already closely divided chamber.
Larry Rice, the senior member at Rice, Amundsen and Caperton PLLC, has been chosen for inclusion in the 2008 edition of Mid-South Super Lawyers. Rice is the only certified family law specialist selected for the honor.
KNOXVILLE, Tenn. (AP) - The University of Tennessee predicts a $66 million cut in state appropriations could force the elimination of 700 jobs even with a tuition increase next year.
WASHINGTON (AP) - President-elect Barack Obama's pick to head the Environmental Protection Agency promised Wednesday to immediately assess hundreds of coal ash disposal sites at power plants across the country in the wake of two spills in Alabama and Tennessee.
WASHINGTON (AP) - The U.S. economy started the new year on weaker footing as recession-shocked Americans retrenched further, forcing retailers to ring up fewer sales and factories to cut back production.
WASHINGTON (AP) - The House voted Wednesday to expand government-sponsored health care to 4 million more children of working families, making a down payment on President-elect Barack Obama's promise to provide universal health care to all Americans who want it.
NEW YORK (AP) - The original financial supermarket is dead.