VOL. 126 | NO. 111 | Wednesday, June 8, 2011
The board of Austin, Texas-based packaging and building materials maker Temple-Inland Inc. has adopted a shareholder rights plan, or “poison pill,” in response to a hostile takeover bid from Memphis-based rival International Paper Co.
Ghost River expands customer base through careful, steady growth
Many consumers of craft beer may not be fully aware of the operation involved behind each glass.
The city of Memphis operating budget for the fiscal year to come July 1 is $11 million from being balanced.
The Shelby County Commission will probably stay within the parameters of the budget compromise outlined by Shelby County Mayor Mark Luttrell’s administration several weeks ago.
Memphis Mayor A C Wharton Jr. is backing an 18-cent city property tax hike to balance the city’s budget.
After being diagnosed with stage 3 colon cancer in 2003 and undergoing surgery to remove a golf ball-sized tumor and part of his large intestine, Memphian Chris Wark shocked and disappointed his friends and family members when he defied doctors’ advice to undergo chemotherapy.
Tipton County home sales surged last month – up 76 percent from May 2010 totals – while Fayette County remained basically flat, with a 2 percent increase.
A printing company Downtown for nearly 30 years will close next week.
Wayne Littleton has been promoted to manager of private banking at Paragon National Bank. He also will continue to serve as president of the bank’s Saddle Creek branch, 7600 Poplar Ave.
The most recent disappointing U.S. jobs report surprised many analysts and economists. With the Fed on full throttle, why haven’t more jobs been created?
Editor’s Note: This is the second in a two-part series.
NASHVILLE (AP) – More than a year after severe flooding inundated Nashville neighborhoods, the city is receiving an additional $22.3 million in federal recovery funds.
NASHVILLE (AP) – The Tennessee Supreme court has agreed to hear a case that could decide whether a man has legal grounds to sue for being duped into supporting a child that turns out to be fathered by someone else.
BIRMINGHAM (AP) – Regions Bank on Monday said it signed a deal to buy the $1 billion portfolio of its branded credit card from a subsidiary of Bank of America.
WASHINGTON (AP) – Businesses advertised fewer jobs in April than the previous month, a sign that hiring could slow further in the coming months.
OMAHA, Neb. (AP) – Oxbow Mining says the Union Pacific and Burlington Northern Santa Fe railroads conspired to raise prices on customers like the Colorado coal mine Oxbow runs.
NEW YORK (AP) – Moody's Investor's Service maintained a positive view of the largest U.S. pharmacy benefits managers Tuesday, saying it has the highest opinion of CVS Caremark Corp.
WASHINGTON (AP) – The No. 2 Republican in the House says he's "cautiously optimistic" that ongoing budget talks led by Vice President Joe Biden will produce an agreement on budget cuts at least as large as the accompanying increase in the government's ability to borrow.
WASHINGTON (AP) – Federal Reserve Chairman Ben Bernanke noted Tuesday that the job market and the economy have weakened in recent weeks. But he said the main reasons are higher gas prices and the Japan crises – factors that should ease in coming months– and predicted growth would strengthen later this year.