VOL. 123 | NO. 220 | Monday, November 10, 2008
Although his term as president of the Memphis Mortgage Bankers Association (MMBA) extends two more months through the end of 2008, Chris Bowers can begin to reflect on what has been a tumultuous year in his profession.
Kent J. Rubens of the West Memphis law firm Rieves, Rubens & Mayton passed away Wednesday from complications of a brain aneurysm. Although based in Arkansas, Rubens was a well-known litigator in the Memphis legal community.
Two days after the Nov. 4 elections, the final unofficial totals were finally posted by the Shelby County Election Commission. The long vote count involved absentee ballots whose count was delayed because of problems with an optical scanning machine.
DAYTON, Tenn. (AP) - Furniture maker La-Z-Boy Inc. says it's laying off 240 workers at its plant in Dayton, Tenn.
The business model for EnviroUSA Corp. is somewhere between the world of basic cleaning tips and the interesting jobs on the TV show “Dirty Jobs” on Discovery Channel.
ATLANTA (AP) - U.S. airlines' on-time performance and baggage handling improved in September, though the carriers overall posted a higher rate of domestic cancellations compared to the same month a year ago, the Transportation Department said Friday.
WASHINGTON (AP) - People looking to buy more expensive homes next year will have fewer options to find financing because Fannie Mae and Freddie Mac will have lower limits on the size of loans they can buy.
Invitations To First Fundraiser In The Mail
Shelby County Mayor A C Wharton Jr. is running for Memphis mayor in the 2011 city elections.
CHARLOTTE, N.C. (AP) - American International Group Inc. reduced the amount it owes the U.S. government by another $2.3 billion as the insurer continues to use the Federal Reserve's new commercial-paper-funding program.
WASHINGTON (AP) – The nation’s unemployment rate bolted to a 14-year high of 6.5 percent in October as another 240,000 jobs were cut, far worse than economists expected and stark proof the economy is deteriorating at an alarmingly rapid pace.
WASHINGTON (AP) - The nation's unemployment rate is at a 14-year high, General Motors reported a massive third-quarter loss and says it may run out of cash next year, and Ford is planning more job cuts after burning through billions of its own.
E.W. Scripps Co., the parent company of The Commercial Appeal, said Friday it was laying off around 400 employees nationwide.