VOL. 125 | NO. 5 | Friday, January 8, 2010
Financial services industry inches out of doldrums
Don’t bother listening for the sound of champagne corks popping.
About 230 miles separate the centers of political and financial power in the United States.
There’s some irony with the turnabout in the financial services career of Jack Hogan Jr.
Memphis Mayor A C Wharton Jr. delivered his first state of the city address this week in a day crammed with several carefully planned events. Before the address at The Peabody hotel’s Skyway to the Memphis Kiwanis Club there was a meeting with students at Booker T. Washington High School. After the state of the city address, there was a jobs conference at the Benjamin L. Hooks Central Library.
In anticipation of its grand opening production of “Pippin” Jan. 29, the new three-story Playhouse on the Square near Overton Square held its first preview event this week.
A federal judge has dismissed the city of Baltimore’s first-of-its kind lawsuit against Wells Fargo Bank N.A.
NASHVILLE, Tenn. (AP) - A bust of Civil War general and early Ku Klux Klan leader Nathan Bedford Forrest has been moved from outside the doors of the Tennessee House chamber but still remains in a place of prominence on the main floor of the state Capitol.
NASHVILLE, Tenn. (AP) - Business Facilities magazine has named Tennessee the 2009 State of the Year for the number of jobs created and amount of capital investments.
JACKSON, Miss. (AP) - Mississippi Gov. Haley Barbour doesn't like a proposal by House leaders to change the way he can cut state spending.
LITTLE ROCK, Ark. (AP) - The attorney for a Memphis, Tenn., man charged with killing a soldier at a Little Rock recruiting office wants up to $30,000 from the state for the defense.
WASHINGTON (AP) – A government report Thursday on claims for unemployment aid signaled that layoffs are easing and that the U.S. economy could be on the verge of posting the first monthly gain in jobs in two years.
NEW YORK (AP) - Last-minute holiday shoppers brought relief to the nation's retailers, handing them modest sales gains for the season and prompting several chains to raise their fourth-quarter profit outlooks.
WASHINGTON (AP) - Federal banking regulators are considering a plan to link the insurance premiums U.S. banks must pay to the degree of risk-taking encouraged by their executive compensation policies.
WASHINGTON (AP) - Controversial deals that sent billions of bailout dollars to Goldman Sachs and other banks were kept quiet under pressure from the Federal Reserve Bank of New York, then led by U.S. Treasury Secretary Timothy Geithner.