VOL. 123 | NO. 160 | Friday, August 15, 2008
Memphis City Schools officials spent this week distancing themselves from a funding compromise with the city of Memphis that the school district’s lawyer agreed to in a private round of dealmaking with city and state education officials.
The credit crunch that’s gripped the nation’s economy and sent shivers through the housing market keeps claiming victims in the Memphis area.
The president and chief executive officer of the company that owns Elvis Presley Enterprises told several hundred Elvis fans Thursday that the pace of Graceland’s transformation into a Whitehaven tourism zone depends on local and state officials.
The Shelby County Board of Commissioners will meet twice next week for the second and third readings of two new sets of county charter changes for voters to consider.
WASHINGTON (AP) – The number of homeowners stung by the dramatic decline in the U.S. housing market jumped last month as foreclosure filings grew by more than 50 percent compared to the same month a year ago, according to data released Thursday.
Farrar “Wheel” Schaeffer Peckham has received approval from Ford Motor Co. – which until very recently owned Jaguar and Land Rover – to take over her family-owned dealership near Quince Road.
Mid-South Fairgrounds developer Henry Turley acknowledged this week that he and his group, Fair Ground LLC, are pursuing a major retailer as part of the plan that is still forming to redevelop the 170 acres of public land in Midtown.
WASHINGTON (AP) - Two Republicans are calling for an investigation into whether House lawmakers or staffers received preferential treatment from mortgage lender Countrywide Financial Corp.
DES MOINES, Iowa (AP) - Most workers are not reducing their retirement contributions even though higher fuel and food prices have prompted them to cut spending in many areas, a leading retirement investment firm said Wednesday.
ROLLA, Mo. (AP) - From cracked oil and natural gas pipelines to contaminated public water supplies, the nation's economy could be the biggest casualty of the next major Midwest earthquake, an earthquake expert warned Wednesday.
WASHINGTON (AP) - BMW AG said Wednesday it was recalling 200,000 vehicles over concerns that the front passenger air bag may not deploy in a crash.