VOL. 124 | NO. 70 | Friday, April 10, 2009
$950K Awarded to Memphis Native
A Memphis native and former professional football player has won the largest award yet from a financial industry panel hearing claims involving a group of former Regions Morgan Keegan mutual funds.
Medical device manufacturers, including orthopedic companies, must prove products that have been on the market for decades are safe because they were launched before the enactment of a federal law that requires more rigorous regulatory reviews.
Out-of-town cancer patients traveling to Memphis for chemotherapy or radiation treatments will soon have a free place to stay, giving them one less thing to worry about during their visits.
The credit crunch that sank its teeth into the national economy last year has left its mark on individuals and businesses. Cities are no different.
NASHVILLE (AP) – A proposed constitutional amendment that would limit access to abortion in Tennessee has been bumped back to the House Budget Subcommittee.
The Mid-South Minority Business Council and nine corporate partners launched a holistic diversity initiative this week that targets key areas for improvement.
If anyone has any old photos or interesting stories to tell about Downtown Memphis, Pierre Kimsey wants to know about it.
NASHVILLE, Tenn. (AP) - Tennessee firearms dealers would no longer have to take the thumbprints of people buying guns under a proposal passed by the Senate.
NASHVILLE, Tenn. (AP) - A proposal that would prevent a jail facility from being decertified has passed the Senate.
NASHVILLE, Tenn. (AP) - A proposal that would require vending machines on state property to be equipped with energy efficient lights has passed the Senate.
ATLANTA (AP) - Three more foreign carriers have agreed to plead guilty to conspiring to fix prices in the air cargo industry, and they will pay a total of $214 million in fines, U.S. prosecutors said Thursday.
NEW YORK (AP) - March same-store sales fell for the sixth straight month, as U.S. consumers continued to shop cautiously and stick mostly to necessities such as food, but there were some glimmers of stabilization in retailers' reports on Thursday.
WASHINGTON (AP) - Declaring "good news" in the midst of an economic meltdown, President Barack Obama on Thursday urged families to take advantage of near-record low mortgage rates by refinancing their home loans.
NEW YORK (AP) - Wells Fargo & Co. said Thursday it expects record first-quarter earnings of $3 billion, easily surpassing analysts' estimates and providing an encouraging sign for the banking industry.
LITTLE ROCK, Ark. (AP) - A Sam's Club in Fayetteville can operate a liquor store adjoining its retail operation, potentially allowing other department store chains to follow suit, the Arkansas Supreme Court ruled Thursday.
LONDON (AP) - The cost of three-month dollar loans between banks fell modestly Thursday amid hopes financial markets have stabilized and that government and central bank efforts to unthaw credit markets are having an effect.