VOL. 123 | NO. 87 | Friday, May 2, 2008
Commercial sales still show marked decline
A retail strip center, a car dealership, land for a fitness center, two cemeteries and a hotel - in that order - ranked as Shelby County's top five commercial real estate sales in terms of dollar amount for March, proving the local market's versatility.
For cash-strapped homeowners drowning under waves of debt and sinking beneath a tide of rising mortgage costs, an event this Saturday at the Mid-South Fairgrounds aims to cast a much-needed lifeline.
A race-car driver with a habit of vacuum-sealing thousands of dollars in plastic has filled in for an exiled Memphis drug kingpin, according to federal drug agents.
The next chief justice of the Tennessee Supreme Court will be Memphis Justice Janice Holder - who will be the state Supreme Court's first woman chief justice.
For the second time in a week, a federal judge has denied an injunction to stop enforcement of the Shelby County ordinance that regulates adult-oriented businesses. But the denial by U.S. Magistrate Thomas Anderson is in the court challenge of the ordinance by two Memphis adult bookstores.
The Daily News won first place in two categories at the Tennessee Press Association's Ideas Contest awards, handed out at the recent Advertising and Circulation Conference in Gatlinburg.
WASHINGTON (AP) - While the Federal Reserve's aggressive drive to lower interest rates appears to be over, there could be benefits for consumers in other areas - such as some relief from soaring gasoline and food costs.
NASHVILLE (AP) - Tennessee's deteriorating state budget situation will require an unspecified number of state employees to be laid off, Gov. Phil Bredesen said Wednesday.
NASHVILLE (AP) - Tennessee faces a projected shortfall range of as much as $384 million this year and up to $585 million next year, state Funding Board officials said Thursday.
NASHVILLE (AP) - State Sen. Tim Burchett has been hospitalized after complaining of chest pains.
NASHVILLE (AP) - A proposal to start the state down the path of being able to offer more home and community-based care in Tennessee has passed the Senate.
NASHVILLE (AP) - The House was thrown into chaos on Thursday over a failed Republican maneuver to try to resurrect an anti-abortion amendment.
NASHVILLE (AP) - The governor has signed into a law a measure to require notaries public to be U.S. citizens or legal permanent residents.
SunTrust Banks issued 0.1562 shares of its stock for each GB&T share, resulting in 2.2 million shares issued to GB&T shareholders.
WASHINGTON (AP) - Big Wall Street investment companies are pulling back on their borrowing from the Federal Reserve's emergency lending program.