VOL. 123 | NO. 211 | Tuesday, October 28, 2008
Attorneys for two nurses suing Memphis-area hospitals over an alleged wage-fixing conspiracy have filed a motion in federal court to make the case a class action lawsuit.
Three Downtown businesses that have filed for bankruptcy protection since December collectively owe the Center City Commission more than $151,000 in unpaid loan debt.
More than 156,000 early votes were cast through Saturday in Shelby County.
In the summer of 2006, Greg Bridgers and Kevin White left their respective homebuilding companies to form Southern Serenity Homes LLC. The longtime friends – “almost like brothers,” Bridgers said – saw the partnership as a chance to forge something new: to build homes the way they wanted at the pace they wanted, about 100 to 125 homes per year.
ATLANTA (AP) – SunTrust Banks Inc. reported Monday it has received preliminary approval from the U.S. Treasury Department for a $3.5 billion investment under the government’s capital purchase program.
WASHINGTON (AP) – The Treasury Department will start doling out $125 billion to nine major banks this week to get credit flowing again, giving a lift to U.S. markets on rising confidence that the government’s moves would stave off a protracted recession.
NEW YORK (AP) – Wal-Mart Stores Inc.’s plans to navigate a consumer spending slump feared to be deep and long-lasting will be at the front of investors’ minds at the company’s two-day meeting starting Monday. The discounter is also expected to offer analysts an update on its capital expenditures forecast.
3310 Winners Circle, Germantown, TN 38138, Permit Amount: $1.3 Million -
The Aintree Farms subdivision in Germantown will rebuild its clubhouse, which burned down two years ago in an electrical fire. The neighborhood last week filed a $1.3 million permit application with the city-county Department of Construction Code Enforcement to build the 7,100-square-foot facility.
HOUSTON (AP) - Gasoline prices have fallen below $2 a gallon in some parts of the U.S. as the impact of plunging oil prices and reduced driving are finally taking hold.
SEATTLE (AP) - Negotiations to end a 51-day strike against Boeing Co. continued Sunday with no word on progress.
ST. LOUIS (AP) - Coal-producing Arch Coal Inc. said Monday its third-quarter earnings more than tripled, beating Wall Street's expectations. But the miner lowered its earnings outlook for the year, citing near-term softening of coal demand.
NEW YORK (AP) - A number of financial institutions, including Capital One inancial Corp. and SunTrust Banks Inc., have announced they will receive funds under the Treasury Department's capital purchase program.
LOUISVILLE, Ky. (AP) - Humana Inc. said Monday its third-quarter profit tumbled nearly 40 percent, dragged down by a bitter dose of investment losses and an expected decline in premiums from its Medicare prescription drug plans.
NEW YORK (AP) - Verizon Communications Inc. said Monday earnings rose 31 percent in the third quarter as wireless did better than expected, while its traditional phone business continued to decline.
WASHINGTON (AP) - Federal agents have broken up a plot by two neo-Nazi skinheads to assassinate Democratic presidential candidate Barack Obama and shoot or decapitate 102 black people, the Bureau of Alcohol, Tobacco Firearms and Explosives said Monday.