VOL. 125 | NO. 19 | Friday, January 29, 2010
Wharton racks up miles to promote city
Memphis Mayor A C Wharton Jr. is quickly evolving into a virtual one-man chamber of commerce.
The longtime Memphis-based commercial construction firm Inman Construction has been acquired by Chattanooga, Tenn.-based EMJ Corp., the companies announced Thursday.
One year into the job as executive director of Healthy Memphis Common Table, Renee Frazier has mapped out a “take charge” agenda.
Officials at Memphis International Airport spent Thursday preparing for the harsh winter weather possibly headed this way, but they also discussed ways in which the airport has been dealing with a brutal economic climate.
The issue of double taxation reared its head this week as a plan to provide $12 million in local emergency funding for the Regional Medical Center at Memphis scored $10 million.
After having made their case to Nashville powerbrokers this week for more funding for the Regional Medical Center at Memphis, officials with The MED are bracing for the news that will come Monday night.
Shelby County saw a 10.3 percent unemployment rate in December, up 0.3 percent from the November rate. Shelby County was among 91 counties that saw increases, while one county saw a decrease and in three counties, unemployment remained the same.
NASHVILLE, Tenn. (AP) - Elected officials in 28 rural Tennessee counties are eligible to apply for scholarships to educate them about economic development.
CHATTANOOGA, Tenn. (AP) - The nation's first plant that exclusively makes ethanol fuel from non-edible switchgrass and corncobs has its grand opening Friday.
NASHVILLE, Tenn. (AP) - The Tennessee Senate has voted to place a constitutional amendment guaranteeing the right to hunt and fish on the ballot in November.
JACKSON, Tenn. (AP) - Former state Sen. Don McLeary of Humboldt is seeking a rematch against the Democrat who beat him in 2006.
NASHVILLE, Tenn. (AP) - Some Tennessee lawmakers have objected to a resolution honoring late pop superstar Michael Jackson.
JACKSON, Miss. (AP) - Two brothers injured in a deadly explosion at an International Paper Co. mill in Mississippi have agreed to settle their federal lawsuit.
WASHINGTON (AP) – Reports released Thursday give evidence the economic rebound remains sluggish based on new claims for unemployment aid and orders to U.S. factories.
NEW YORK (AP) - Wal-Mart Stores Inc., the world's largest retailer, said Thursday it is realigning its U.S. operations in an effort to give more autonomy to executives in regional markets and reinvigorate U.S. growth.
WASHINGTON (AP) - Just days after President Barack Obama endorsed a partial freeze on domestic spending, his Democratic allies in the Senate have rejected a plan attempting to do pretty much the same thing.
WASHINGTON (AP) - Homeowners seeking relief under the Obama administration's mortgage aid program will be required to provide proof of their incomes upfront, a significant reversal for the problem-plagued effort to stem the foreclosure crisis.
McLEAN, Va. (AP) - Rates on 30-year mortgages remained almost flat this week as the Federal Reserve said it would keep rates near record lows to help the economy recover.