VOL. 123 | NO. 222 | Wednesday, November 12, 2008
Key Vote On Development Agreement Is Monday
The proposal to bring Bass Pro Shops to The Pyramid hit a snag today. The development agreement for the hunting and fishing retailer to locate at The Pyramid drew a negative recommendation from a Shelby County commission committee.
Another Downtown Memphis business has closed.
Shelby County Mayor A C Wharton Jr. is running for mayor of Memphis in 2011, but in his first set of interviews about the decision he said voters won’t see him actively campaigning this far out.
Medicare officials gave volunteers tips Monday on how to choose drug benefits and get the word out to an estimated 5,485 people in Shelby County who may qualify for additional prescription benefits.
With more than two decades of experience in the logistics industry, Roger Woody brings a veteran’s savvy to his role as chairman of the board for the Council of Supply Chain Management Professionals (CSCMP).
WASHINGTON (AP) – The government and the mortgage industry are launching the most sweeping effort yet to help troubled homeowners by speeding up the process for renegotiating hundreds of thousands of delinquent loans held by Fannie Mae and Freddie Mac.
Michael Wiegert has been named vice president and mortgage production manager for Renasant Bank in Memphis.
NASHVILLE, Tenn. (AP) - Worsening state economic conditions combined with a Republican takeover of both chambers of the Tennessee Legislature have led to increasing speculation that Democratic Gov. Phil Bredesen might want to bolt for Washington.
NASHVILLE, Tenn. (AP) - The number of Republican suitors to become Tennessee's secretary of state is thinning.
NEW YORK (AP) - Shares of regional banks slid Tuesday amid more signs of weakness in the financial sector and a string of bleak corporate earnings reports.
NEW YORK (AP) - Major banks are stepping up their efforts to curtail losses from souring mortgages, with Citigroup Inc. becoming the latest institution to adopt initiatives aimed at helping at-risk borrowers remain in their homes.
LOS ANGELES (AP) - Commercial real estate services firm CB Richard Ellis Group Inc. said Tuesday it plans to offer 50 million shares of common stock in a public offering.
LONDON (AP) - British drug maker GlaxoSmithKline PLC said Tuesday it is planning to close one of its English plants, which employs 620 people, by 2013 because the majority of drugs made at the plant are losing their patent protection and facing generic competition within a year.
SEATTLE (AP) - Contract talks covering nearly 21,000 Boeing Co. engineers, scientists and technical workers have been extended because of unresolved economic and other issues.
NEW YORK (AP) - The odds of landing a part-time job at department store operator Bealls Outlet Stores Inc. this holiday season are slimmer than getting into Harvard: It's one out of every 45.