» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation Links
VOL. 124 | NO. 227 | Wednesday, November 18, 2009

Medtronic Unveils $65M Distribution Expansion

Executives of Medtronic Inc. celebrated a $65 million expansion of its distribution center Tuesday morning that will allow the medical device company to ship additional products.

Joe Ford Claims County Mayor's Office

A long time goal of the Ford political organization was realized Tuesday afternoon when Shelby County Commissioner Joe Ford was appointed interim Shelby County Mayor effective Dec. 10.

McKesson’s Retention Rides on IDB, PILOT Tweaks

Members of the Memphis-Shelby County Industrial Development Board were told last month the board’s tax incentive program needs to be tweaked – and soon. The reason: a major economic development project coming before them in November needs the new provisions.

No Time to Lose In Biotech Shipping

Not a minute can be wasted when the product being shipped can prolong someone’s life or bring vision to the blind.

Huff Becomes Enrollment VP at University of Memphis

Betty Huff has been named vice provost of enrollment services at the University of Memphis.

Local Weather
Currently
Memphis, TN
86.0°F
Mostly Cloudy
Wind: South at 5.8 mph
Humidity: 65%

EVENTS

Rhodes College will host speaker Qubad Talabani, United States representative of the Kurdistan Regional Government of Iraq and son of the current president of Iraq, today at 7 p.m. in Blount Auditorium of Buckman Hall. Talabani will present “Iraq: As U.S. Forces Stand Down, Who is Standing Up?”

more events »

STATEWIDE

Audit Criticizes Tenn. Wildlife Groups

NASHVILLE, Tenn. (AP) - A state audit raised questions about whether two wildlife agencies are protecting two species of fish.

REGIONAL

Hinds Co. to Borrow $6M to Cover Expenses

JACKSON, Miss. (AP) - Hinds County will borrow $6 million from BancorpSouth to cover operating expenses for the first three months of this fiscal year.

NATIONAL BUSINESS

Geithner: Must Rebalance Global Economic Growth

WASHINGTON (AP) - U.S. Treasury Secretary Timothy Geithner said Tuesday the global economy is moving toward a recovery but countries can't rely on U.S. consumers to serve as the engine of worldwide growth.

Swiss Target Americans Who Hid 1M Francs at UBS

BERN, Switzerland (AP) - American clients who each hid more than 1 million Swiss francs in undeclared bank accounts with UBS AG between 2001 and 2008 could have their details turned over to the U.S. government, Swiss officials said Tuesday.

IRS Settles with 14,700 Over Foreign Accounts

MIAMI (AP) - More than 14,700 U.S. taxpayers came forward to disclose billions in offshore bank accounts in 70 countries under a voluntary Internal Revenue Service program allowing most to avoid criminal prosecution as long as they pay what they owe, IRS officials said Tuesday.

AP IMPACT: Tobacco Execs Quickly Find Tax Loophole

WASHINGTON (AP) - When President Barack Obama signed a law expanding children's health insurance this spring, he slapped tobacco companies with huge tax increases to pay for it.

NATIONAL POLITICS

Administration Widening Pursuit of Financial Fraud

WASHINGTON (AP) - The Obama administration has formed a new task force to target financial fraud – replacing an earlier corporate fraud task force.

Dems, Republicans at Odds over BofA, Merrill Deal

WASHINGTON (AP) - A senior House Democrat says the government didn't force Bank of America to take over Merrill Lynch, but a bank board member said much pressure was applied and Republicans charged that a committee inquiry was covering up the role of an Obama administration official.

HEALTH CARE

AP Poll: Tax the Rich to Pay for Health Bill

WASHINGTON (AP) – When it comes to paying for a health care overhaul, Americans see just one way to go: Tax the rich.

Vaccines on Horizon for AIDS, Alzheimer's, Herpes

MARIETTA, Pa. (AP) - Malaria. Tuberculosis. Alzheimer's disease. AIDS. Pandemic flu. Genital herpes. Urinary tract infections. Grass allergies. Traveler's diarrhea. You name it, the pharmaceutical industry is working on a vaccine to prevent it.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 66 66 13,508
MORTGAGES 76 76 15,642
FORECLOSURE NOTICES 11 11 2,150
BUILDING PERMITS 0 0 27,758
BANKRUPTCIES 67 67 8,717
BUSINESS LICENSES 21 21 4,586
UTILITY CONNECTIONS 32 32 5,425
MARRIAGE LICENSES 28 28 2,922

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.