VOL. 123 | NO. 242 | Thursday, December 11, 2008
Top executives at Arlington-based Wright Medical Group expect the company to stay on track with double-digit revenue growth for the next two years despite a national recession and global economic downturn.
He did it as he stood Monday morning in Nashville flanked by Tennessee Lieutenant Gov. Ron Ramsey and former U.S. Sen. Bill Frist. He let it show in a recent letter he sent to the members of the Republican National Committee.
A man arrested in an Airport area motel room Dec. 1 was indicted Wednesday by a federal grand jury on three counts of identity theft.
The Tennessee Supreme Court has formally announced its support of the Tennessee Bar Association’s multifaceted Access to Justice, or “4ALL,” campaign, spearheaded by TBA president George “Buck” Lewis, a shareholder at the Memphis office of Baker, Donelson, Bearman, Caldwell & Berkowitz PC.
An ad hoc committee on local education funding is moving toward a vote on one of four plans for some measure of one-source funding for Memphis City and Shelby County public schools.
WASHINGTON (AP) – A congressional panel reviewing the government’s $700 billion rescue of the financial sector questioned how the money is being spent and whether it’s helping homeowners avoid foreclosure.
CHICAGO (AP) - Office Depot Inc. will close about 9 percent of its North American stores and cut 2,200 jobs over the next three months while planning to open fewer locations next year in an effort to cut costs.
Jim Summers, a founding partner at Allen, Summers, Simpson, Lillie & Gresham PLLC, has been selected for inclusion in the 2009 edition of “The Best Lawyers of America” and in the 2008 Law and Politics Mid-South SuperLawyers in the field of construction litigation.
BLYTHEVILLE, Ark. (AP) - A roughly 20-mile toll road between Northeast Arkansas and Northwest Tennessee, including a bridge spanning the Mississippi River, could be built and shave more than 20 minutes off a trip to nearby Memphis, Tenn., engineers say.
WASHINGTON (AP) - Wholesalers cut back on their inventories in October by the largest amount since the period following the 2001 terrorist attacks while they watched their sales plunge by a record amount.
WASHINGTON (AP) - The federal government registered a record budget deficit for the month of November, reflecting the impact of a recession on tax receipts and the mounting costs of the $700 billion financial rescue program.
NEW YORK (AP) - GMAC Financial Services, the financing arm of General Motors, said Wednesday that its bid to become a bank holding company and qualify for aid under the government's $700 billion bank rescue plan may be in danger because it hasn't raised the capital needed to meet federal requirements.
WASHINGTON (AP) - The U.S. auto industry's problems will cost taxpayers plenty whether or not the government helps Detroit.
KNOXVILLE, Tenn. (AP) - The University of Tennessee imposed a hiring freeze, a moratorium on new academic programs and a stop work order on building renovations Tuesday as the school anticipated demands for up to $75 million in state funding cuts.