VOL. 126 | NO. 220 | Thursday, November 10, 2011
The Memphis base for Delta Air Lines pilots flying McDonnell Douglas DC-9 and Airbus A320 aircraft will be closed in December 2012, according to an announcement from the airline’s flight operations department.
A federal grand jury has indicted a second person in the criminal investigation of more than $1 million taken from delinquent tax property sale accounts at the Chancery Court Clerk’s office.
Pure Barre owners find East Memphis locale better suited to demand
In just over a year, national fitness craze Pure Barre Technique has taken the Memphis market by storm.
WASHINGTON (AP) – Federal accident investigators are ordering a regional air carrier to turn over previously withheld records regarding the qualifications of the pilots involved in a deadly 2009 air crash.
The beer comes off the tables at the eight strip clubs in Memphis starting Jan. 1.
Voters in Memphis City Council District 7 on Thursday, Nov. 10, will settle the last election of 2011 as they select the only new member of the 13-member council.
A lot has been going on over the last few months at Glankler Brown PLLC – one of the largest law firms in the city.
The name is in place and so is the site, but the timetable and all the partners are not. Penny Hardaway’s FastBreak Courts, it was formally announced Tuesday, Nov. 8, at Gameday Sports Park in Cordova, will be built on Fischer Steel Road just across from the popular baseball complex.
If NBA labor negotiations could mirror the action on the court during Rudy Gay’s Charity All-Star Game Tuesday, Nov. 8, at the DeSoto Civic Center, solving the league’s lockout would be an uncontested slam dunk.
A cross-section of native Memphians and Memphians by choice spent the afternoon of Tuesday, Nov. 9, exploring the stories that shaped the city during “Memphis 101,” a free, public event held biannually at the Benjamin L. Hooks Central Library.
A new magazine aimed at the black business community makes its debut at the end of this month as part of the Tri-State Defender newspaper.
Monica Wharton, senior vice president and chief legal officer and general counsel at the Regional Medical Center at Memphis, is taking care of business since being recruited by the hospital in 2008 to lead its legal team. She was on board during a transitional period for The MED, which was in poor financial health.
Ray’s Take: Somedays the financial markets seem out of control. The truth is this: Financial markets are always out of your control. You can’t make them go up or down, and you can’t time your stock purchases to assure a good return on your investment.
“Senators urge baseball players to chew on smokeless tobacco ban,” the headline read “Chew.” Get it? I mean don’t get it. Don’t use tobacco, please. Smokeless or the other kind. From a health perspective, it’s not worth it.
As I explained a flow chart demonstrating how to restructure a client’s operations to minimize the foreign tax, regulatory and other expenses tied to its international expansion, the chief financial officer asked, “Where on that flowchart does the sale to the customer occur?” Obviously, I omitted that small and, at the time, seemingly insignificant step from the presentation. My flowchart and focus were on the inner workings of the organization after the sale occurred. Smiling, he went on to make a statement that immediately imprinted in my memory and forever changed my approach to the practice of law: “Remember, nothing good happens in business until someone sells something to someone else.”
NASHVILLE (AP) – Tennessee's sales tax revenues grew 6.5 percent in the first quarter of the budget year, and general fund collections have come in at $57 million above projections.
NASHVILLE (AP) – Tennessee Democratic Rep. Karen Camper of Memphis has been selected to attend a leadership conference at the White House.
NEW YORK (AP) – Macy's Inc.'s net income surged in the third quarter as the department store chain benefited from tailoring its merchandise to local markets.
WASHINGTON (AP) – Federal Reserve Chairman Ben Bernanke said Wednesday that small businesses are still struggling to get loans more than two years after the recession ended. He said that banks could help them by easing overly tight lending standards.
WASHINGTON (AP) – Members of a special deficit-cutting panel are getting renewed encouragement from their colleagues even as they remain far apart on taxes and cuts to so-called entitlement programs like Medicare.
WASHINGTON (AP) – A town hall meeting with Ben Bernanke and a group of military families discussing family finances wouldn't normally draw much notice.
WASHINGTON (AP) – Emails released by a House committee appear to show that a major donor to President Barack Obama's 2008 campaign discussed with White House officials a federal loan to a failed California solar company. That's despite repeated assurances by Obama administration officials that the donor, George Kaiser, didn't discuss the loan with the White House.
WASHINGTON (AP) – A Senate panel cleared legislation Wednesday overhauling federal highway programs, prompting lawmakers to talk of a looming bipartisan consensus that would end years of stalemate on repairing and expanding an aging transportation network.
WASHINGTON (AP) – Mortgage giant Fannie Mae is asking the federal government for $7.8 billion in aid to cover its losses in the July-September quarter.
WASHINGTON (AP) – Home prices dropped in nearly three quarters of U.S. cities over the summer, dragged down by a decline in buyer interest and a high number of foreclosures.
NEW YORK (AP) – Cable companies said Wednesday that they will offer Internet service for $9.95 per month to homes with children that are eligible for free school lunches.
NEW YORK (AP) — Adobe Systems Inc. is pulling its Flash software for Web video and games from the browsers of mobile devices, though Flash will still work on mobile apps and on the Web browsers of regular computers.
NEW YORK (AP) – Internet bandits devised an international scheme to hijack more than 4 million computers in more than 100 countries, manipulating traffic on Netflix, the U.S. Internal Revenue Service and other popular websites to generate at least $14 million in fraudulent advertising revenue, federal prosecutors said Wednesday.