VOL. 124 | NO. 159 | Friday, August 14, 2009
By walking to a counter at the Shelby County Election Commission Thursday and asking for a piece of paper, former Memphis Mayor Willie Herenton has again surprised political observers.
The housing market collapse and gloomy jobs outlook are causing many homeowners around the country to fall behind on their property tax bills. But those factors don’t seem to be having the same effect in Shelby County.
The Memphis City Council’s Personnel, Intergovernmental and Annexation committee is scheduled to grapple Tuesday morning with several weighty issues, including government consolidation and an update of the city’s nondiscrimination policy.
Drs. Kenneth Robinson, Scott Morris and Clay Jackson use Bibles along with stethoscopes.
After 30 years at AZO, a global manufacturing company whose North American headquarters is in Memphis, Bob Moore decided it was time to try a new challenge.
NEW YORK (AP) - Shares of AutoZone Inc. declined Thursday after an analyst downgraded the auto parts retailer, saying the do-it-yourself car repair business is showing signs of slowing.
NEW YORK (AP) - Shares of regional bank Regions Financial Corp. gained nearly 9 percent in afternoon trading Thursday after John Paulson's hedge fund purchase of 35 million shares, disclosed in a regulatory filing the day before, made Paulson & Co. the bank's No. 2 shareholder.
CHARLOTTE, N.C. (AP) - Shares of Bank of America shot up Thursday as a new executive at the bank, as well as a prominent hedge-fund manager, decided to place big bets on the company by buying up blocks of shares.
WASHINGTON (AP) – The number of U.S. households on the verge of losing their homes rose 7 percent from June to July, as the escalating foreclosure crisis continued to outpace government efforts to limit the damage.
WASHINGTON (AP) – The Federal Reserve Wednesday delivered a vote of confidence in the economy, saying it would slow the pace of an emergency rescue program and indicating the recession appears to be ending.
McLEAN, Va. (AP) - Rates on 30-year mortgages rose this week, remaining above 5 percent after reaching a record low earlier this year, Freddie Mac said Thursday.
WASHINGTON (AP) - AddictingGames – the Web site that published ripped-from-the-headlines games such as "Baseball Juiced," ''Trillion Dollar Bailout," ''Where's the Naughty Governor?" and "Hero on the Hudson" – is tackling its riskiest project yet: turning the slump in the housing market into something fun.
DEARBORN, Mich. (AP) - Ford said Thursday it will build more of its popular Focus and Escape models and boost total vehicle production later this year to help dealers restock depleted showrooms.
NEW YORK (AP) - Two consumer advocacy groups are calling on the U.S. Transportation Department to protect car buyers from questionable Cash for Clunkers deals at showrooms.