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VOL. 124 | NO. 102 | Wednesday, May 27, 2009

Priest Abuse Case Goes to Higher Court

Attorneys for a man who claims he was abused by a Catholic priest more than 30 years ago are expected to file their answer this week to an appeal by the local diocese to the Tennessee Court of Appeals.

Airport Projects Continue as Economy Improves

Two of Memphis International Airport’s biggest construction projects are approaching their midway points and another is set to begin later this year, all of which will bring a new look and feel to the city’s economic engine.

Strip Club Owners Want Oversight by City, Not County

Owners of seven Memphis strip clubs who want to keep the tops off dancers and the beer taps flowing soon might have to operate under a stricter set of rules.

Drug Conspirator to Change Plea

Bobby Cole, a key conspirator in the largest drug ring ever prosecuted in Memphis federal court, is preparing to plead guilty to federal charges.

Drompp Named Faculty Dean, VP for Academic Affairs at Rhodes

Michael R. Drompp has been appointed dean of the faculty and vice president for academic affairs at Rhodes College. Drompp will provide leadership for academic departments and interdisciplinary programs in curricular, personnel and budgetary matters.

Local Weather
Currently
Memphis, TN
75.0°F
A Few Clouds
Wind: East at 3.5 mph
Humidity: 88%

EVENTS

The Alliance for Nonprofit Excellence will present a workshop titled “Ethics of Fundraising” today from 8:30 a.m. to noon at the Alliance office, 5100 Poplar Ave., Suite 502. Leo Arnoult will lead the workshop. Cost 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 »

FedEx Rises, Analyst Softens Tone After Downgrade

NEW YORK (AP) - Shares of FedEx Corp. rose Tuesday as a Stifel Nicolaus analyst who recently downgraded the stock gave a more upbeat outlook for the freight shipper, which has been hurt as recession undermines demand for shipping.

Speaker’s Credentials an Issue For GOP Candidates

NASHVILLE (AP) – Candidates seeking to lead the Tennessee Republican Party say they are more concerned about keeping their history-making majority in the Legislature than whether the House speaker should be allowed to regain his party credentials.

Tenn. Judicial Selection Proposal Headed to Full Senate

NASHVILLE, Tenn. (AP) - A proposal that changes how judges are selected in Tennessee is headed for a full Senate vote.

Struggle Over Ethics Role Led to Director’s Firing

NASHVILLE (AP) – When Bruce Androphy was hired to run the Tennessee Ethics Commission in 2006, he took to heart pronouncements that the state wanted the panel to be independent and assertive.

Court Lets Stand $13M Judgment Against Chrysler

WASHINGTON (AP) - The Supreme Court has rejected a request from Chrysler to overturn a $13 million punitive damages award to the parents of an 8-month-old boy who died in the crash of a Dodge Caravan.

Online News Fees: Financial Salvation Or Suicide?

The Arkansas Democrat-Gazette is a rarity among large U.S. newspapers – it’s selling more weekday copies than a decade ago. In Idaho, the Post Register’s circulation has remained stable, while many other print publications have lost readers to the Internet. How can this be?

US High Court to Decide on Allowing Vioxx Suits

The U.S. Supreme Court will decide whether shareholders can sue Merck & Co. over whether the drugmaker provided adequate information about the risks of its former blockbuster painkiller Vioxx before it was pulled from the market.

UAW Trust to Get 17.5 Percent of GM Shares

DETROIT (AP) - General Motors Corp. will give the United Auto Workers union 17.5 percent of its common stock, $6.5 billion of preferred shares and a $2.5 billion note to fund a trust that will take over retiree health care costs starting next year.

Make-or-Break Week for GM as Deadline Nears

MILWAUKEE (AP) - The clock is ticking on a June 1 deadline for General Motors Corp. to restructure, and this make-or-break week is expected to bring more plant closures, employee concessions and other last-minute efforts.

Banco Santander Settles with Madoff Trustee

NEW YORK (AP) - A European bank that was among the biggest losers in the Bernard Madoff swindle has agreed to pay $235 million to resolve potential legal claims by the trustee trying to unwind the massive Ponzi scheme.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 312 16,192
MORTGAGES 0 293 18,685
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 655 33,126
BANKRUPTCIES 0 237 10,737
BUSINESS LICENSES 0 112 5,198
UTILITY CONNECTIONS 0 127 11,344
MARRIAGE LICENSES 0 94 3,867

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