VOL. 123 | NO. 215 | Monday, November 3, 2008
As homebuilders and developers scramble to adapt to the sagging real estate market, Jeff Barry, owner of Memphis-based Barry Properties LLC, knows he was fortunate enough to find a niche seemingly impervious to the downturn.
“When the seas are roughest, a conservative appraisal is our anchor against fear.”
WASHINGTON (AP) – Wages and benefits paid to U.S. workers rose by a moderate amount in the third quarter, the government reported Friday, matching analysts’ estimates.
WASHINGTON (AP) – Consumer spending in the United States dropped in September by the largest amount in four years, while incomes suffered because of Hurricane Ike.
Gusmus moved into the role of interim president at FTN Financial a little more than two months ago following the departure of former FTN Financial president Mark Medford.
Sometimes a gesture of goodwill can bring unexpected rewards.
WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke said Friday that the housing finance system being constructed following the collapse of the current system will need better safeguards to allow it to function during times of stress.
NASHVILLE, Tenn. (AP) - Republican congressional candidate Monty J. Lankford and his medical equipment company are being sued for $1.8 million for what a Tennessee bank calls fraudulent practices.
FEDERAL WAY, Wash. (AP) - Weyerhaeuser Co. said Friday its third-quarter profit nearly tripled on hefty gains from the August sale of its $6 billion packaging business. But sales tumbled 37 percent and the timber and pulp company warned of continued challenges in the fourth quarter.
JACKSON, Miss. (AP) - Republican U.S. Sen. Roger Wicker told members of Mississippi's business community he needs their help to keep Democrats from gaining more ground on Capitol Hill.
WASHINGTON (AP) - After half a century as more of a curiosity than a convenience, passenger trains are getting back on track in some parts of the country.
NEW YORK (AP) - The auto industry is preparing to report yet another month of rapidly slowing sales – possibly the worst in decades – as the same toxic combination of the credit crunch and the careening economy continue to keep consumers away from dealerships.