VOL. 123 | NO. 221 | Tuesday, November 11, 2008
First Fundraiser Next Week
"It will be a long time before that happens. We simply for legal reasons had to set up a different structure before we can spend money and raise money," Wharton said. "But I am serious about it. ... But I don't want to give the impression that I'll be on the street corner waving signs tomorrow."
One week after announcing it would close 155 of its stores, including two in the Memphis area, Circuit City Stores Inc. reported Monday that it had filed for Chapter 11 bankruptcy protection.
“Green” hotels might be all the rage on the West Coast, but they haven’t exactly caught on in the Mid-South.
Dr. Hershel Wall, chancellor of the University of Tennessee Health Science Center, is seeking $180 million in private donations so the institution can continue to grow.
FRANKFURT, Germany (AP) – German mail and logistics company Deutsche Post AG will cut 9,500 jobs at its DHL unit in the U.S. and eliminate U.S.-only domestic express shipping by land and air, the company said Monday, citing heavy losses and fierce competition.
2175 Whitten Road, Memphis, TN 38133, Loan Amount: $2 Million -
FRS Industries Inc., the company that owns and operates FRS Powersports, has filed a $2 million construction loan to build an 18,000-square-foot motorcycle and ATV shop at 2175 Whitten Road, just north of the Interstate 40 and Whitten Road interchange.
NEW YORK (AP) - Shares of paper and forest product companies fell Monday after an analyst said he expected weakening demand, lower prices and diminished earnings in the sector.
WASHINGTON (AP) – In a record bailout of a private company, the government Monday provided a new $150 billion financial-rescue package to troubled insurance giant American International Group, including $40 billion for partial ownership.
WASHINGTON (AP) - Interest rates on short-term Treasury bills fell in Monday's auction with three-month bills dropping to the lowest level on record.
The housing market may have bust, but many homeowners are still living in a bubble.
NEW YORK (AP) - Shares of specialty apparel retailers were mixed Monday, ahead of several fiscal third-quarter earnings reports.
NEW YORK (AP) - Consumers worldwide who are watching their spending bought more burgers and chicken breakfast biscuits at McDonald's in October, leading to a big rise in sales at established locations for the fast-food leader.
NEW YORK (AP) – Wall Street heads into another turbulent week with investors set to pore over a government report on retail sales and earnings from Wal-Mart Stores Inc. to get a better reading on consumers.