VOL. 124 | NO. 58 | Wednesday, March 25, 2009
The Fox Business Network, a cable news channel and spinoff of the Fox News Network, has filed a lawsuit in New York against the U.S. Securities and Exchange Commission related to the collapse of Stanford Financial Group.
FedEx Corp. might rescind its option to purchase $6.7 billion in Boeing aircraft if Congress passes a law that would classify the company under the National Labor Relations Act. That move, in turn, would pave the way for unionization at the shipping giant.
The Ridgeway Station of the Memphis Police Department recently was considered the most violent and crime-plagued precinct in Memphis. And as the police department began to look at crime by statistical standards, the area also stood out for the number of apartment complexes it had.
Patients are recovering from hysterectomies and surgeries for cervical cancer more quickly and with less blood loss when robots are used in the operating room, according to a study by Dr. Todd D. Tillmanns of The West Clinic.
NASHVILLE (AP) – Gov. Phil Bredesen insists he isn’t “playing any games” by linking his proposal to close a tax break for family-owned rental properties with keeping more than 300 public safety jobs on the state payroll.
WASHINGTON (AP) – Cindy Ramer works full time nursing the mentally disabled, making sure their medical needs are met.
Charles L. Treadway has joined Thomas & Betts Corporation in the newly created position of senior vice president, group president – electrical. Treadway will provide strategic and operational leadership to the company’s electrical products businesses on a global basis. The electrical segment of Thomas & Betts has approximately 60 manufacturing and distribution facilities in 11 countries and employs approximately 8,000 associates worldwide. The electrical segment reported $2.1 billion in revenues in 2008. Treadway previously served as president and chief executive officer for the Custom Sensors and Technology unit of Schneider Electric.
MEMPHIS, Tenn. (AP) - International Paper Co. said Tuesday that it recently received a tax credit in the amount of $71.6 million from the Internal Revenue Service related to its use of alternative fuel.
NASHVILLE, Tenn. (AP) - Senate Majority Leader Mark Norris says his proposal to require proof of citizenship in order to register to vote in Tennessee is not meant to restrict access to the ballot box.
SACRAMENTO, California (AP) - Two of the largest U.S. state pension funds are seeking to lead a class action lawsuit against Bank of America Corp., alleging the bank's management "misstated or omitted" important information about Merrill Lynch & Co.'s financial health to shareholders prior to the investment bank's takeover.
NEW YORK (AP) - New York Attorney General Andrew Cuomo hopes more AIG employees will return their bonuses, after 15 of the top 20 bonus recipients at the troubled insurer agreed to return their money.
NEW YORK (AP) - A group that owns Bank of America stock is waging a battle to get shareholders to vote against re-electing CEO Ken Lewis and two others to the bank's board of directors.
WASHINGTON (AP) - Treasury Secretary Timothy Geithner asked Congress on Tuesday for broad new powers to regulate nonbank financial companies like troubled insurer American International Group whose collapse could jeopardize the economy.
GENEVA (AP) - World airlines will lose $4.7 billion this year due to the economic crisis, while revenues will drop by more than after the Sept. 11, 2001 terrorist attacks in the U.S., a major industry association predicted Tuesday.