VOL. 124 | NO. 126 | Tuesday, June 30, 2009
Lipscomb To Stay In Community Development Role
Incoming Memphis Mayor Myron Lowery has named his transition team.
Joseph Lee appears set to get the six-figure sum he’s long awaited to cover his legal expenses incurred during a 2007 federal corruption investigation.
The director of the troubled city division of Public Services and Neighborhoods will be leaving City Hall with Mayor Willie Herenton on July 10.
Commercial real estate suffered a sharp decline in May, with sales falling dramatically from the same month a year ago and the previous month.
The Lamar Crossing Apartments are facing a foreclosure sale on the Shelby County Courthouse steps July 16, but the group that developed them is hoping for another chance to salvage the $11.7 million project.
The institution that should be the bedrock of stability for any disaster needs more community support to fulfill that mission.
2957 Canada Road, Lakeland, TN 38002, Sale Amount: $2 Million -
A one-acre outparcel of the Corner Shops retail center at 2957 Canada Road in Lakeland has been sold for $2 million to a pair of California-based trusts. Corner Shops LLC, whose principal is developer Kevin Hyneman, sold the parcel June 19. The one-acre property has a land lease with Regions Bank to build a branch there. Each of the buyers took 50 percent ownership of the parcel.
NASHVILLE, Tenn. (AP) - Tennessee is not raising college faculty salaries at the same rate most Southeastern states have over the past decade.
WASHINGTON (AP) – The U.S. Supreme Court said Monday that state attorneys general can investigate national banks for discrimination and other crimes, but only with a court’s help.
NEW YORK (AP) - Convicted Wall Street swindler Bernard Madoff was sentenced to 150 years in prison Monday for a fraud that the judge called so "extraordinarily evil" that he needed to send a message to potential copycats and to victims who demanded harsh punishment.
HOUSTON (AP) - A federal judge says he will decide by Tuesday afternoon on whether to revoke a bond for Texas financier R. Allen Stanford that would let him be free while he awaits trial on charges he swindled investors out of $7 billion.
WASHINGTON (AP) - The U.S. Supreme Court has refused to allow victims of the Sept. 11 attacks to pursue lawsuits against Saudi Arabia and four Saudi princes over charitable donations allegedly funneled to al-Qaida.
WASHINGTON (AP) - Rates for 30-year home loans edged up this week, remaining above record lows reached over the spring.
COLORADO SPRINGS, Colorado (AP) - Homeless teenagers at a central Colorado shelter are feeling the effect of the U.S. government's economic stimulus package. It's the feeling of a dentist's drill.