VOL. 125 | NO. 200 | Thursday, October 14, 2010
The rate of foreclosures in the suburbs surged during the third quarter, while the problem showed signs of ebbing in some of Memphis’ hardest hit neighborhoods, according to ZIP code data compiled by real estate information company Chandler Reports, www.chandlerreports.com.
Businesses get creative with breast cancer awareness
For 20 years, the massive, brightly-colored “CMOM” building block letters on the lawn of the Children’s Museum of Memphis on Central Avenue have stood testament to the private nonprofit’s mission to inspire a passion for learning in the city’s youngest citizens.
Downtown boosters are not finished adding incentives to the mix to solidify the headquarters relocation of Pinnacle Airlines Corp. from Memphis International Airport to Downtown's One Commerce Square.
After losing a $7.1 million arbitration claim last month against Morgan Keegan & Co., the lawyer for a group of investors that includes the former chairman of the U.S. Chamber of Commerce is preparing to renew the fight against the Memphis firm in Shelby County Chancery Court.
The Tennessee Supreme Court has put off limits to hospitals medical insurance proceeds an insurer pays to third party service providers.
Starting in spring 2011, the University of Memphis will offer a breakthrough real estate graduate program that will emphasize sustainability and ways to reduce carbon footprints.
The bare bones of an expanded National Civil Rights Museum include three times more space for the Memphis chapter in the story of the civil rights movement, updated technology for exhibits and a more detailed story of how connected the events are over three centuries.
For years, the stretch of Alabama Avenue between Danny Thomas Boulevard and Poplar Avenue has been both a traffic shortcut and a hotspot for illegal drug sales and violent crime.
In August, veteran prosecutor Amy Weirich made history when she was appointed Shelby County’s first female deputy district attorney.
Ray’s Take: I’m hearing a lot of people talk about how they’ve cut back on their investments in 401(k)s, IRAs and long-term investments. The main reason they give is the poor performance of stocks over the last several years.
Workaholism is a common type of dysfunctional behavior.
WASHINGTON (AP) – Officials in 50 states and the District of Columbia have launched a joint investigation into allegations that mortgage companies mishandled documents and broke laws in foreclosing on hundreds of thousands of homeowners.
NEW YORK (AP) – Applications for mortgage refinancings jumped last week, while purchase applications fell.
NEW YORK (AP) – JPMorgan Chase's CEO says the bank has stopped using the electronic mortgage tracking system used by major financial institutions.
NEW YORK (AP) – Wal-Mart is focusing on smaller-format stores, bringing back "Action Alley" – wide aisles filled with palettes of discounted merchandise – and offering same-day pickup for online purchases in some areas in an effort to jump start sluggish U.S. sales.
WASHINGTON (AP) – Federal regulators on Wednesday proposed to cap the stake that banks and other market players can own in exchanges where the complex investments blamed for hastening the financial crisis are traded.
NEW YORK (AP) – JPMorgan Chase & Co. said Wednesday that its third-quarter profit jumped 23 percent because the banking giant was able to set aside less money to cover loan losses.
MIAMI (AP) – Investment firm 3G Capital's proposed $3.26 billion buyout of Burger King Holdings Inc. has cleared another hurdle as the 40 days that the burger chain was given to solicit third-party offers has expired.
DEERFIELD, Ill. (AP) – Drugstore chain Walgreen Co. said Wednesday it approved the repurchase of up to $1 billion in stock through the end of 2012.
WASHINGTON (AP) — President Barack Obama wants Congress to make permanent a $2,500 college tuition tax credit that's set to expire at the end of the year.