VOL. 126 | NO. 96 | Tuesday, May 17, 2011
As the workweek began, the Memphis riverfront was beginning to look familiar – emphasis on beginning.
Obama delivers commencement speech to BTW class of 2011
President Barack Obama left the bustle of Washington politics – on a day when the U.S. hit its debt ceiling and Donald Trump said he won’t run for president – to fly to Memphis and tell the Booker T. Washington class of 2011, “I’m so proud of each and every one of you.”
The Memphis City Council moves a step closer Tuesday to setting the budgets and tax rates for city government in the coming new fiscal year.
Dustie Zvolanek got her real estate license last August when the market was still a picture of uncertainty, but these days she’s finding strength in numbers of young, new practitioners who have banded together for peer support.
The Daily News won five awards during the 2011 Tennessee Associated Press Managing Editors contest, including three first-place finishes and a sweep of the business news category.
Something surprising happened in the first hearing in the schools consolidation federal lawsuit last week.
While Tennessee Gov. Bill Haslam was in Memphis Monday for the presidential visit, his administration was filing an amendment to the state budget with the Tennessee legislature.
Habitat for Humanity of Memphis is in the process of relocating to a much larger facility to accommodate its growing base of clients, programs and services.
5151 E. Raines Road, Memphis, TN 38118, Sale Amount: $10 million -
Blues City Brewery LLC, an affiliate of La Crosse, Wis.-based City Brewing Co., has bought the former Hardy Bottling plant, a 40-year-old Memphis beer brewery at 5151 E. Raines Road, from Chism Hardy Enterprises LLC for $10 million.
P (Price) = E (Earnings) x P/E (P/E multiple). We can occasionally seem to sound like a broken record when the subject turns to the earnings and P/E multiple stories in the markets. The news of the resurgence of corporate America on the earnings front has become so commonplace that we treat good news with a yawn and look for the next news headlines to gauge our market sentiment. As first quarter earnings season sprints to the finish line, let’s take a moment to recap the highlights.
Stanford University psychologist Philip Zimbardo parked a car on a street in Palo Alto, Calif., where it sat untouched for a week. After a week, as a part of the experiment, Zimbardo smashed one of the car’s windows with a sledgehammer. Within a few hours vandals stripped the car. What happened? Why did the broken window make a difference?
The Memphis City Council will meet today at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for a full agenda.
NASHVILLE, Tenn. (AP) — Increased state revenues will provide millions in extra funding for flood and storm relief, mental health care, and other key projects and services in Tennessee, Gov. Bill Haslam said Monday.
JACKSON, Miss. (AP) — A federal panel has given Mississippi lawmakers two choices: immediately craft a redistricting plan or run in the current districts in 2011.
BUTTE LAROSE, La. (AP) – Cajun-country towns in the path of Mississippi River floodwaters were all but deserted Monday as residents heeded warnings to seek higher ground after a major floodgate was opened for the first time in four decades.
WASHINGTON (AP) — Treasury Secretary Timothy Geithner said Monday that he will immediately halt investments in two big government pension plans so the government can continue to borrow money.
WASHINGTON (AP) — The White House is threatening to hold up final passage of three coveted free trade agreements unless lawmakers agree to expand retraining assistance for American workers who lose their jobs because of foreign competition.
NEW YORK (AP) — Stocks closed lower for a second day, dragged down by technology companies and concerns about Europe's debts.
Oil prices dropped Monday, a good sign for drivers who are finally seeing a little relief at the gas pump.