VOL. 124 | NO. 99 | Thursday, May 21, 2009
The 46-year-old racial desegregation lawsuit that has governed the Shelby County school system for decades is over, according to a ruling today from the Sixth U.S. Circuit Court of Appeals.
At a budget presentation and community forum Memphis City Schools will host today, nearly everyone with a stake in the year-long squabble over school funding will gather under one roof.
If you’re in the right place at the right time during May, you might glimpse a motorcade cutting through mid-day traffic, followed by a green bus with a big papier-mache boll weevil on top. Nothing hints at Memphis’ agribusiness roots like that longtime foe of the cotton plant.
Because our city is at the doorstep of the most fertile land in the world, agriculture will always be a part of the Memphis economy.
Jose Goni is Chile’s ambassador to the United States. He was in Memphis this month as part of a Chilean delegation to the Memphis In May International Festival. Chile is this year’s honored country.
When Danny Van Horn, a member of the Commercial Litigation Group at Butler, Snow, O’Mara, Stevens and Cannada PLLC, learned May 4 he was elected as the Tennessee Bar Association’s vice president/president-elect, he was busy working the Greater Memphis Chamber’s golf tournament.
Watching the new UT-Baptist Research Park go up against the Memphis skyline, I often think of the hospital that once stood there.
James Palmer Jr. has rejoined the Environmental Practice Group at Butler, Snow, O’Mara, Stevens & Cannada PLLC after completing his presidential appointment as the administrator for Region IV of the U.S. Environmental Protection Agency. Region IV is the largest of the 10 EPA regions. It includes Tennessee, Mississippi, Alabama, Kentucky, Georgia, North Carolina, South Carolina and Florida.
The Memphis Botanic Garden will kick off its ninth summer-long Live at the Garden series June 5 with a fresh, young face and some blasts from the past.
NASHVILLE, Tenn. (AP) - The House has voted to keep a county referendum option in place for whether voters want to allow distilleries to be located in their communities.
NASHVILLE, Tenn. (AP) - The state House has agreed to officially change a Democratic lawmaker's vote on a proposed constitutional amendment that would allow more restrictions to be placed on abortions.
NASHVILLE, Tenn. (AP) - A proposal that would make more students eligible for charter schools stalled in the House Education Committee after the panel adjourned without taking up the measure.
Delta Air Lines Inc., Air France and KLM signed a deal Wednesday to combine two separate joint venture agreements to create a more integrated trans-Atlantic powerhouse they said will generate $12 billion in annual revenue and provide better travel options for customers.
WASHINGTON (AP) – U.S. Treasury Secretary Timothy Geithner said Wednesday a new public-private partnership to help U.S. banks shed their bad assets will begin operating in the next six weeks.
CHARLOTTE, North Carolina (AP) - Bank of America Corp.'s chief executive Ken Lewis expects consolidation in the banking industry to pick up as the economy stabilizes, but says his bank won't be participating.
NEW YORK (AP) - Discount retailer Target Corp. reported a 13 percent decline in first-quarter profit on Wednesday as it confronts sluggish consumer spending. But the results beat analysts' estimates because of cost-control measures.
WASHINGTON (AP) - Congress has sent President Barack Obama a bill with sweeping new rules for the credit card industry that will affect just about every American.
WASHINGTON (AP) - The Federal Reserve expects the economy to improve in coming months, even as policymakers downgraded their outlook for all of 2009 and said the unemployment rate could approach 10 percent.
WASHINGTON (AP) - Treasury Secretary Timothy Geithner says banks identified in stress tests as having capital shortfalls have raised $48 billion of the $75 billion that the government said they needed to get through an adverse turn in the economy.
WASHINGTON (AP) - The former director of the government's pension agency took the Fifth Amendment at a Senate hearing where lawmakers quizzed him about allegations that he had inappropriate contacts with three Wall Street firms.
NEW YORK (AP) - A bankruptcy judge ruled Wednesday that Chrysler can use $4.96 billion in government loans to keep operating and create a bridge to the sale of its most valuable assets to Italy's Fiat Group SpA.
LONDON (AP) - The cost of three-month dollar loans slid to a new record low Wednesday after Bank of America Corp. said it had raised around $13.5 billion to shore up its capital position.