VOL. 124 | NO. 222 | Wednesday, November 11, 2009
Baptist Memorial Health Care announced this morning that it plans to sell its hospital in Ripley, Tenn., to HMC/CAH.
The Memphis Bioworks Foundation and the city of Memphis have new incentives to lure private investment to struggling areas with a $30 million allocation of New Markets Tax Credits.
The pressure of 24 roll call votes didn’t change any minds. Attempts at persuasion between the votes didn’t change any votes on the Shelby County Commission.
Memphis’ intermodal and freight capabilities are legendary. The city has boasted the world’s busiest cargo airport for 17 straight years thanks to hometown shipping giant FedEx Corp.
The city of Memphis can switch sides in a lawsuit against the former head of the city-owned utility company in an attempt to recoup money the city paid this summer to that official, a judge decided Tuesday morning.
Although the biggest vibrations in Soulsville come from heavy equipment right now, that will soon change when grocery shoppers will be able to prance through the aisles and pick out produce to the beat of old-school classics.
Kyle M. Wiggins has joined Baker, Donelson, Bearman, Caldwell & Berkowitz PC as an associate in the Health Services & Products group. He will concentrate his practice on litigation surrounding medical malpractice defense, personal injury defense and general civil litigation.
NEW YORK (AP) - FedEx says the IRS will not impose tax penalties for 2004 through 2006 in the package delivery company's long-running battle over the classification of its FedEx Ground drivers as contractors instead of employees.
The Tennessee Department of Finance and Administration announced today that state tax collections in October fell below budgeted estimates for the third consecutive month in the fiscal year, which began July 1.
NASHVILLE, Tenn. (AP) - Gov. Phil Bredesen said Tuesday that a private investment deal is back on track following discussions between the company and the head of a legislative panel that questioned a state-backed biofuels initiative in East Tennessee.
KNOXVILLE, Tenn. (AP) - A Gatlinburg businessman accused of defrauding investors of $21 million in a wide-ranging Ponzi scheme pleaded guilty Tuesday to all charges against him.
KNOXVILLE, Tenn. (AP) - State Rep. Stacey Campfield was escorted from a University of Tennessee football game following a dispute with police over a Halloween mask.
JACKSON, Miss. (AP) - Mississippi Power Co. has received the first level of regulatory approval in its effort to build a new coal-powered generating plant in the east-central part of the state.
WASHINGTON (AP) – Unemployment likely will remain high for the next several years because the economic recovery won’t be strong enough to spur robust hiring, Federal Reserve officials warned Tuesday.
WASHINGTON (AP) - Job openings are at rock-bottom levels, according to government and private surveys released Tuesday, a trend that could keep the unemployment rate high even as layoffs slow.
CHARLOTTE, N.C. (AP) - Bank of America Corp.'s outgoing CEO Ken Lewis said Tuesday that the economy may be improving but the recovery in the financial industry remains slow.
NEW YORK (AP) - Lee Scott, former Wal-Mart Stores Inc. CEO and president, has joined the private equity firm Solamere Capital as an operating partner and a member of its investment committee.
WASHINGTON (AP) - Senate Democrats on Tuesday proposed stripping the U.S. Federal Reserve of its supervisory powers and creating instead three new federal agencies to police banks, protect consumers and dismantle failing institutions.
A real estate group says home prices fell in eight out of every 10 U.S. cities in the third quarter of this year as heavily discounted distressed sales made up 30 percent of all deals.
WASHINGTON (AP) - After a slow start, the Obama administration's mortgage relief program has reached one in five eligible homeowners, a government report says.