VOL. 124 | NO. 88 | Wednesday, May 6, 2009
Memphis City Council members Tuesday approved an $8.5 million deal giving the city complete ownership of The Pyramid and providing a last installment of city funding for the local Health Department.
The medical practice Dr. Willis Campbell founded in Memphis in 1909 ushered the medical device industry into the city and continues to keep the Mid-South at the forefront of orthopedics.
U.S. regulators are investigating whether R. Allen Stanford, the financier accused of running an $8 billion fraud, has violated a federal court order freezing his assets.
The selection committee of the World Vaccine Congress put Vaxent – a startup venture in Memphis with only two employees – alongside pharmaceutical giants Merck & Co., Wyeth, Novartis and Sanofi Pasteur, the vaccines division of sanofi-aventis Group, as a finalist for the “Best Prophylactic Vaccine” award.
WASHINGTON (AP) – Federal Reserve Chairman Ben Bernanke told Congress Tuesday that the economy should pull out of a recession and start growing again later this year.
NEW YORK (AP) – Online retailers are shifting their marketing from traditional advertising to less expensive tools such as Facebook, Twitter and e-mail as they seek market share or just work to retain customers, according to an industry study released Tuesday.
Dr. Chrysanthe Preza has received a more than $740,000 National Science Foundation Faculty Early Career Development Award for her research to improve live cell imaging. Preza is an assistant professor in the Department of Electrical and Computer Engineering at the University of Memphis’ Herff College of Engineering.
NASHVILLE, Tenn. (AP) - A proposal to reduce Tennessee regulatory authority over natural gas prices has failed for the year in a House committee.
NASHVILLE, Tenn. (AP) - Handgun permit holders would be allowed to bring their loaded weapons into all state and local parks in Tennessee under a bill debated in a Senate committee Tuesday.
NASHVILLE, Tenn. (AP) - Legislation that would require Tennessee's public colleges and universities to more carefully screen out illegal immigrants is dead for the session.
NASHVILLE, Tenn. (AP) - Legislation that creates a procedure for individuals subject to an order of protection for domestic violence to surrender their weapons is headed for a vote on the House floor.
NASHVILLE, Tenn. (AP) - The Tennessee Department of Health has announced the second confirmed case of swine flu in the state.
NASHVILLE, Tenn. (AP) - A resolution urging the erection of statutes on the Tennessee Capitol grounds of the state's two Nobel Peace Prize winners, Al Gore and Cordell Hull, is on its way to a full Senate vote.
WASHINGTON (AP) - President Barack Obama is turning to South Carolina's former school superintendent to head an expanded Consumer Product Safety Commission, an embattled agency that has been criticized by advocates for being too cozy with industry.
WASHINGTON (AP) - The head of the Securities and Exchange Commission said Tuesday she is making the issue of new rules restricting short-selling a priority as the agency heard from an array of interests about ways to limit trades that bet against a stock.
BUNKER HILL, W.Va. (AP) - Embarking on a "listening tour," Education Secretary Arne Duncan asked teachers, parents and students Tuesday how they would improve No Child Left Behind, the controversial education law championed by former President George W. Bush.
NEW YORK (AP) - Weyerhaeuser Co.'s first-quarter loss deepened as a near-dormant housing market knocked down sales of its lumber and wood panels.
NEW YORK (AP) - Credit ratings agency Standard & Poor's is reviewing whether to cut the ratings of 23 regional and national banks.