» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation Links
VOL. 123 | NO. 202 | Wednesday, October 15, 2008

Q3 Building Permits Plummet

Listen to homebuilders’ language and it’s easy to discern their problems. Instead of using terms such as “expanding operations” and “ramping up production” – as they did a few years ago – builders now resort to phrases like “hunkering down” and “scaling back.”

FedEx Continues Weathering Economic Storm

It is arguably the most successful business story to emerge from Memphis, and it is a company whose performance is widely regarded as a ground-level indicator of the country’s economic health.

Early Voting Begins Today

Memphians begin casting early votes for president today in advance of the Nov. 4 election.

Le Bonheur Expansion Project Proceeds in Earnest

No credit crunch or recession will keep Methodist Le Bonheur Healthcare from leading the way toward a greener future, said David Rosenbaum, vice president of facility management.

Government Moves Again To Unclog Credit Lines

WASHINGTON (AP) – The government put itself four-square into the country’s banking business Tuesday, resorting to what President Bush conceded was the unwelcome choice of a partial nationalization to loosen paralyzed channels of credit.

Local Weather
Currently
Memphis, TN
32.0°F
Fair
Wind: Calm mph
Humidity: 69%

EVENTS

The Memphis and Shelby County Health Department will observe National Latino AIDS Awareness Day today. Free HIV counseling and testing will be available from 8 a.m. to 3:30 p.m. at the Memphis and Shelby County Health Department’s Packer Clinic, 814 Jefferson Ave., Room 221. For more information, call 544-7552.

more events »

Rawson Named President Of Benefit Recover Inc.

Win Rawson has been named president of Memphis-based Benefit Recover Inc.

Credit Markets See More Gradual Improvements

NEW YORK (AP) - The government's efforts to crank open the credit markets have led to some mild improvements in lending rates and Treasury bill yields. But it will probably take months, and perhaps a few years, before lending returns to healthier levels.

Court to Hear Appeals in Landmark Tobacco Case

WASHINGTON (AP) - The tobacco industry is asking a federal appeals panel to overturn a landmark ruling that could open the door to more lawsuits from smokers claiming they were harmed because they were deceived by cigarette companies.

Lottery Sues 2 Companies over Software Error

NASHVILLE, Tenn. (AP) - Tennessee lottery officials are suing two companies they believe are responsible for a software error that resulted in the sale of about $2 million worth of unwinnable tickets last year.

Linens 'N Things to Begin Liquidation This Week

NEW YORK (AP) - Specialty retailer Linens 'n Things, which filed for bankruptcy protection in May, plans to begin liquidation sales at its stores as early as Thursday after failing to find a buyer that wanted to operate the company.

Boeing, Striking Machinists' Talks Break Down

SEATTLE (AP) - Boeing Co. says renewed negotiations with its striking machinists broke down over an issue crucial to the company's "long-term competitiveness." A labor leader says the union was being asked to bargain away 2,000 jobs.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 115 270 19,843
MORTGAGES 141 311 23,225
FORECLOSURE NOTICES 35 83 8,387
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 74 196 13,300
BUSINESS LICENSES 25 48 6,185
UTILITY CONNECTIONS 40 125 13,120
MARRIAGE LICENSES 15 73 4,915

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.