VOL. 124 | NO. 89 | Thursday, May 7, 2009
Associated Wholesale Grocers Inc., a Kansas-based grocery wholesaler, has signed a contract to acquire and develop a portion of Overton Square, The Daily News has learned.
Another round in the battle against scrap-metal theft is set for today, when the Memphis City Court hears protests from companies that haven’t complied with an ordinance requiring them to obtain a permit to recycle scrap metals such as copper and also to “tag and hold” purchased metals before processing them.
Now the attorneys begin drafting a contract.
You would think that Mayor Willie Herenton’s “resignation” last spring as he thought about trying out for Memphis City Schools superintendent would be difficult to top.
Even if Willie Herenton and Steve Cohen don’t have a showdown in 2010, major changes are under way in the community of people we elect to represent us. It is our obligation to make sure this is about more than who stays and who goes.
Claude Watts, the interim chief executive officer of The Regional Medical Center at Memphis, on Wednesday gave a timetable for negotiations to spin off the hospital’s clinics and an update on efforts to obtain more funding from neighboring states.
The recession hit hard late last year, giving many couples another reason – besides the holiday season – to put off filing for divorce.
WASHINGTON (AP) – The head of the Federal Deposit Insurance Corp. says new powers are needed to oversee companies that pose financial risks to the economy, an authority that could be shared by the FDIC and other regulators.
The city of Memphis has $2 million set aside to fund the supply of a new high-tech device for the Memphis Police Department.
The selection committee of the World Vaccine Congress put Vaxent – a startup venture in Memphis with only two employees – alongside pharmaceutical giants Merck, Wyeth, Novartis and Sanofi Pasteur as a finalist for the Best Prophylactic Vaccine award.
Mark A. Mix, president of the National Right to Work Legal Defense Foundation, will be the featured speaker at today’s 2009 Labor & Employment Conference at The Hilton Memphis on Ridge Lake Boulevard. The conference is sponsored by Kisewetter Wise Kaplan Prather PLC.
Alan Huffman is the author of a new book on the April 1865 explosion of the steamer “Sultana” on the Mississippi River.
By the pricking of Pat Halloran’s thumbs, something “Wicked” this way comes.
WASHINGTON (AP) - The nation's biggest banks that are found to need more capital after government stress tests will have one month to come up with a plan to raise the additional resources.
NASHVILLE, Tenn. (AP) - People with handgun carry permits from Tennessee and 19 other states could bring their loaded firearms into state and local parks under a bill advancing in the Senate.
NASHVILLE, Tenn. (AP) - A proposal that would limit the state of Tennessee to ownership of two airplanes has failed for the year.
MEMPHIS, Tenn. (AP) - The Peabody hotel's prized marching ducks have gained a federal court's help in protecting their professional image.
WASHINGTON (AP) - Trying to curb home foreclosures, the Senate voted on Wednesday to make it easier for homeowners with risky credit to switch to a lower-cost mortgage backed by the government.
NEW YORK (AP) - Bank of America Corp. stock rose in premarket trading after an initial decline, amid reports that it needs $34 billion in new capital.
WASHINGTON (AP) - Treasury Secretary Timothy Geithner said in February that putting the nation's biggest banks through "stress tests" was vital to getting the financial system back on solid ground.
NASHVILLE, Tenn. (AP) - Gov. Phil Bredesen's proposal to require calorie counts on menus at chain restaurants in Tennessee has failed for the year.
WASHINGTON (AP) - The Securities and Exchange Commission has made progress in tightening its procedures for managing its caseload of enforcement investigations but internal communications and use of resources still must be improved, congressional auditors have concluded in a new report.
WASHINGTON (AP) - Health insurance companies are offering new concessions, including lower rates for millions of women, as they try to persuade Congress not to set up a government health plan to compete against them.
WASHINGTON (AP) - Banks that want to pay back their federal bailout funds and free themselves from government restrictions on compensation and dividends will have to sever their ties to another financial assistance program.
NEW YORK (AP) - Bernard Madoff's longtime secretary said Wednesday that she believes the disgraced financier is not cooperating with authorities in order to protect others, and that he was a flirtatious boss who frequented massage parlors.
LONDON (AP) - GlaxoSmithKline PLC said Wednesday it is selling full commercial rights to antidepressant Wellbutrin XL in the United States to Canadian drug developer Biovail Corp. for $510 million.
NEW YORK (AP) - The judge overseeing Chrysler LLC's Chapter 11 bankruptcy protection proceedings has ruled that the automaker can start taking steps toward selling the vast majority of its assets to Italy's Fiat Group SpA. The judge also said lawyers for a dissident group of lenders have until noon (1600 GMT) Wednesday to file a list of members with the court, ruling that their identities do not need to be sealed despite reported death threats.