VOL. 123 | NO. 61 | Thursday, March 27, 2008
More than nine months after he was assigned the task of investigating an alleged blackmail plot targeting Memphis Mayor Willie Herenton, the special prosecutor brought in to pursue that case has sent the mayor a draft report of his findings.
The road to alternative fuels is proving to be a rocky one for Memphis Biofuels LLC.
Michael P. Coury, a member of Farris Mathews Branan Bobango Hellen & Dunlap PLC, has been inducted as an American College of Bankruptcy Fellow.
WKNO broke ground Wednesday on a $10 million digital media center on a 7.69-acre site at 7151 Cherry Farms Road on land donated by Harrah's Entertainment Inc. The 39,000-square-foot building will house the public television station's offices, production and broadcast operations, two TV studios, a high-definition (HD) editing suite and new digitally equipped FM studios. The station is currently housed in a pre-World War II building on the University of Memphis' south campus.
Even though StoneCrest Investors LLC just unloaded $55.2 million worth of Cordova real estate, the Round Rock, Texas-based development company remains committed to the area, company CEO Brad Smith said this week.
The 9th Congressional District Democratic primary won't be the only challenge to an incumbent congressman whose district includes the Memphis area.
NEW YORK (AP) - Home prices plunged by record levels in January from a year ago, with almost no major cities immune from the spiraling market. Analysts worried that even the usually reliable spring selling season would fall flat.
Thanks to Asia's manufacturing volume and Memphis' distribution network, plenty of links exist between these two faraway places, but the latest display of their connection doesn't involve the movement of products throughout the world.
NASHVILLE (AP) - State Rep. Randy Rinks has announced he won't run for re-election.
NASHVILLE (AP) - A state Senate panel has revised a proposal to allow public hospital officials to meet in private.
WASHINGTON (AP) - The crash of Wall Street's once mighty Bear Stearns underscores the need to bring investment houses under the kind of federal oversight that has long been given to commercial banks, Treasury Secretary Henry Paulson said Wednesday.
NASHVILLE (AP) - Members of the Senate Education Committee on Wednesday discussed compromise legislation that would phase in a plan to lower the cumulative grade point average needed to maintain a lottery scholarship.
WASHINGTON (Dow Jones/AP) - The limit on the size of loans eligible for purchase by Fannie Mae and Freddie Mac will not fall below the current $417,000 level, the firms' regulator said Wednesday.