» Subscribe Today!
More of what you want to know.
The Daily News

Forgot your password?
Skip Navigation Links
VOL. 124 | NO. 64 | Thursday, April 2, 2009

UPDATE: McPherson To Review Priest Court Records For Public Release

Circuit Court Judge Charles McPherson will determine what details should be made public in court records from a civil lawsuit involving the sexual abuse of a teenager by a Memphis priest.

Fitzgeralds Parent Company Sounds Bankruptcy Alarm

The parent company of Fitzgeralds Tunica warned this week that it may have no other option than to file for bankruptcy.

Pendergest-Holt Sues Former Stanford Atty.

Laura Pendergest-Holt, the chief investment officer of Stanford Financial Group, has filed a lawsuit against Stanford’s former attorney and his firm that claims they “hung her out to dry” and seeks damages of more than $20 million.

State Works to Identify Infant Mortality Causes

Gov. Phil Bredesen and Shelby County Mayor A C Wharton Jr. celebrated efforts to save babies’ lives Wednesday morning while announcing an initiative to better determine the cause of infant deaths.

MPA Turmoil Behind Police Indictment

The former head of the Memphis Police Association is charged with embezzling money from the police union.

Local Weather
Memphis, TN
Mostly Cloudy
Wind: Southeast at 4.6 mph
Humidity: 77%


The Alliance for Nonprofit Excellence will present two half-day seminars titled “Recruiting the Right Board Members” today from 8:30 a.m. to noon and 1 p.m. to 4:30 p.m. at the Alliance office, 5100 Poplar Ave., Suite 502. Judy Millesen, associate professor of political science at the Voinovich School of Leadership and Public Affairs at Ohio University, will lead the workshop. Cost for each seminar is $65 for members, $125 for nonmembers and $55 for those in the Program for Nonprofit Excellence. For more information, call 684-6605 or visit www.npexcellence.org.

more events »

High Court Ends Widow’s $79.5M Appeal

WASHINGTON (AP) – Ten years and a day after a jury awarded Mayola Williams almost $80 million in punitive damages in her fight with a cigarette maker, the U.S. Supreme Court said Tuesday she can collect her share.

Stimulus Dollars to be Released for Schools

WASHINGTON (AP) – The first round of school dollars from the economic stimulus law is going to states this week.

At Work or Play, Lillie’s Goal is to Help Others

Shawn R. Lillie, an attorney at Allen, Summers, Simpson, Lillie & Gresham, practices in labor relations and employment law. He represents many large national and international companies and management clients before the National Labor Relations Board, the U.S. Equal Employment Opportunity Commission, the U.S. Department of Labor and various other federal and state agencies.

VeraSun Closes Sale of 5 Ethanol Plants to Valero

SIOUX FALLS, S.D. (AP) - VeraSun Energy Corp. says it has closed on the sale of five ethanol plants and one development site to traditional refiner Valero Energy Corp.

GlaxoSmithKline Seeks New Approval for Breast Drug

TRENTON, N.J. (AP) - GlaxoSmithKline PLC on Wednesday applied for approval in the U.S. and Europe to sell an existing breast-cancer drug as a first-line treatment.

Bills to Make Information Confidential Advances

NASHVILLE, Tenn. (AP) - Proposals that would make information on crime victims and government buildings confidential is advancing in the House.

Lawmakers Advance Guns in Parks, But Not on Campus

NASHVILLE, Tenn. (AP) - Tennessee lawmakers on Wednesday moved ahead on proposals to allow handguns to be carried in state and local parks, but stopped short of allowing faculty and staff to pack heat at public colleges and universities.

Macy's CEO Got 2008 Compensation of $14.82 Million

NEW YORK (AP) - Macy's Inc.'s Chief Executive and Chairman Terry Lundgren received compensation valued at $14.82 million in 2008, much of it in stock compensation, according to an Associated Press calculation of figures disclosed in a regulatory filing. That was up 3 percent from 2007.

Jobless Rates Rise in All US Metro Areas in Feb.

WASHINGTON (AP) - Unemployment rates rose in all of the nation's largest metropolitan areas for the second straight month in February.

FDIC's Bair Urges Higher Capital for Banks

WASHINGTON (AP) - The head of the Federal Deposit Insurance Corp. says new oversight of big financial institutions deemed to be high risk should include raising their capital requirements to help protect the financial system.

Automakers Post Steep US Sales Drops for March

DETROIT (AP) - March proved to be another dismal month of steep declines for U.S. auto sales, as low consumer confidence and job uncertainty kept buyers away from showrooms.

Republicans Propose Big Tax Cuts, Spending Curbs

WASHINGTON (AP) - Republicans in the House Wednesday pressed a budget plan that would cut taxes and radically overhaul Medicare, offering a stark alternative to blueprints offered by President Barack Obama and his Democratic allies.

Miss. Senate Nixes Bill to Clear Some Convictions

JACKSON, Miss. (AP) - A proposal to ease the process of erasing some felony convictions appears likely to die in the Mississippi Legislature.

Ark. Sales Tax Holiday Sent to House Floor

LITTLE ROCK, Ark. (AP) - A House committee advanced a measure Tuesday that calls for a once-a-year sales tax holiday for certain clothing purchases, in the hopes of boosting retailers' sales and giving shoppers a small tax break.

Sign-Up For Our Free Email Edition
Get the news first with our daily email

Blog News, Training & Events
PROPERTY SALES 68 321 13,763
MORTGAGES 79 340 15,906
BUILDING PERMITS 265 765 28,522
BANKRUPTCIES 49 227 8,877

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.