VOL. 123 | NO. 165 | Friday, August 22, 2008
After a prolonged and prosperous ride, commercial real estate stumbled in the past year with no signs of regaining its balance anytime soon.
But the circumstances MCS detailed in a court filing last week to show why the school district believes mediation is necessary have since changed in an important way.
A field of 11 candidates had filed by Thursday’s noon deadline for an open seat on the Memphis City Council on the Nov. 4 ballot. Four of the contenders ran for the council just a year ago. Also at the deadline, three Memphis school board members were effectively re-elected when they failed to draw any opposition.
Memphis International Airport won’t be renamed after Isaac Hayes despite a suggestion from Congressman Steve Cohen to honor the late soul singer, airport board members and executives decided Thursday.
WASHINGTON (AP) – Shares of troubled mortgage finance companies Fannie Mae and Freddie Mac stabilized Thursday in late morning trading, reversing three days of double-digit declines.
130 years ago this week, two Episcopalian nuns arrived in Memphis from New York on a journey that would become part of the city’s history. It also became a part of the tradition of the Episcopal Church.
WASHINGTON (AP) - Rates on 30-year mortgages fell slightly this week to the lowest level since mid-July.
WASHINGTON (AP) - They survived war, but for some veterans of the wars in Iraq and Afghanistan, returning to work back home hasn't been easy.
WASHINGTON (AP) - Thousands of troubled home borrowers with loans from IndyMac Federal Bank will be able to switch to fixed-rate mortgages under a new plan from federal regulators, who seized the bank last month after it became the largest regulated thrift to fail.
WASHINGTON (AP) - In lackluster economic times, not even postal workers enjoy much of a security envelope.