VOL. 123 | NO. 213 | Thursday, October 30, 2008
Leaders of the Memphis Newspaper Guild meet today with Commercial Appeal executives to finalize the latest round of layoffs at the daily newspaper, which employs more than 650 people.
MINNEAPOLIS (AP) - Delta Air Lines got antitrust approval for its buyout of Northwest Airlines, one of the last hurdles to the deal it hopes to close by the end of this year.
The Tennessee Supreme Court is coming to Memphis on election day.
CINCINNATI (AP) - Scripps Networks Interactive Inc. said Wednesday that its third-quarter profit dipped 1 percent on charges related to its separation from former parent company E.W. Scripps Co.
A week away from election day, the coming presidential election served as a backdrop for this year’s Freedom Awards presented by the National Civil Rights Museum.
Venture capital fund managers gave a bleak outlook for new investments in startup health care companies at the Musculoskeletal New Ventures Conference this week, but they did note that people who choose to invest in proven companies could see big payoffs.
Two men who allegedly plotted to kill Democratic presidential nominee Barack Obama in a suicide attack make their second court appearance today in Memphis federal court.
NEW YORK (AP) – Wal-Mart Stores Inc. is navigating the global economic slowdown by scaling back its store growth and capital expenditures and, instead, focusing on remodeling existing locations and creating smaller outposts.
ROGERS, Ark. (AP) – Wal-Mart Stores Inc. is launching a new design for its supercenters, which will feature wider aisles, lower shelves and a more convenient layout.
WASHINGTON (AP) – The Federal Reserve Wednesday slashed a key interest rate by half a percentage point as it sought to revive an economy hit by a long list of maladies stemming from the most severe financial crisis in decades.
O. Douglas Shipman is a partner at Marks, Shipman & Lansky and the principal of the law office of O. Douglas Shipman PC. Marks, Shipman & Lansky is a corporate finance, real estate and banking firm.
WASHINGTON (AP) - The government is preparing to unveil a plan as soon as Thursday guaranteeing around $500 billion in loans to troubled borrowers, sources familiar briefed on the matter said.
NASHVILLE, Tenn. (AP) - A recent study shows Tennessee's state and local governments need to make improvements in the protection of Social Security numbers.
PHILADELPHIA (AP) - Comcast Corp., the nation's largest cable operator, on Wednesday reported a 38 percent increase in third-quarter earnings as a sharp drop in capital spending and higher cable TV rates buoyed its bottom line.
WASHINGTON (AP) - U.S. sales of pharmaceuticals will grow at the slowest rate on record this year, as the weakening economy compounds other factors hampering the industry, according to a report issued Wednesday.
DETROIT (AP) - General Motors Corp. is postponing nearly all of its spending on product development in 2009 and 2010 as part of a cost-cutting effort, an automotive trade publication reported Wednesday.