VOL. 122 | NO. 163 | Wednesday, August 29, 2007
While its lending rivals such as Countrywide Financial Corp. went on a tear, mortgage lending giant Bear Stearns cooled its heels in the Memphis market.
Methodist Le Bonheur Germantown Hospital is moving ahead with the preliminary steps necessary for the facility's planned expansion.
Mary Brooks has been named vice president of programs for Junior Achievement of Memphis and the Mid-South Inc. Previously, Brooks served as the director of programs for Junior Achievement. In her new position, she will oversee the operation of Exchange City, Junior Achievement's model city, which is operated for a day by area fifth-graders.
Former state Sen. John Ford was sentenced Tuesday to five years and six months in prison for taking $55,000 in bribes from undercover FBI agents in the main chapter of the Tennessee Waltz corruption sting.
Shelby County Commissioners Monday approved a contract with Porter-LeathChildren's Center to provide Head Start services to 460 children.
MEMPHIS (AP) - FedEx Express, the cargo airline of FedEx Corp., is launching new direct flights between its headquarters in Memphis and Manchester, England.
WASHINGTON (AP) - Federal Reserve policymakers meeting in early August acknowledged that they might have to take action to ease a growing credit crunch, even as they held out hope for "a return to more normal market conditions" without any intervention.