VOL. 123 | NO. 170 | Friday, August 29, 2008
It looked like Memphis school board member Stephanie Gatewood was on her way to re-election without opposition on the Nov. 4 ballot.
Someone forgot to tell Barry Watson about the housing slump. The owner of Eads-based Barry Watson Homes LLC is having a banner year, leading all Shelby County homebuilders in sales with 58 through the end of July. That’s far ahead of his 2007 sales pace, which was just 17. Watson also has led the county in sales during four of the first seven months of 2008, ranking near the top in the other three.
Voters in the Nov. 4 election have more than names to sort through on the ballot. They also have some complex questions to decide about changing the city of Memphis charter.
Tommy Childress and his friend and co-worker, Stan Pike, were out on a hunting trip when their conversation turned toward possible business opportunities. Pike mentioned to Childress that he knew of a community where, if it was possible to get the money together, it would be a good place to open an optometry office. But not just a clinic where people pick up glasses; they wanted to focus heavily on the medical end of the spectrum.
Justice Janice M. Holder has been tapped to serve as the chief justice of the Tennessee Supreme Court. Holder will be the first woman in the state’s history to serve as the chief justice, and she currently is the third woman ever to serve on the Supreme Court in the state’s history.
WASHINGTON (AP) – The economy shifted to a higher gear in the spring, growing at its fastest pace in nearly a year as foreign buyers snapped up U.S. exports and tax rebates spurred shoppers at home.
WASHINGTON (AP) – Tom Albert drove his loaner Chevrolet Equinox like any other car.
NEW YORK (AP) - The population of renters across the country is growing, edged up in part by a slumping housing market.
SEATTLE (AP) - The next version of Microsoft Corp.'s Web browser makes it easier for people to surf the Internet without leaving a trace.
WASHINGTON (AP) - Mortgage finance giant Fannie Mae shook up its executive ranks Wednesday, after shares in it and sibling company Freddie Mac rose for the third straight day as investors appeared less certain a government bailout of the two troubled companies is imminent.
The credit crunch squeezing Detroit's Big Three auto makers is now spreading to some of their dealers, adding financial pressure to a group already strained by this year's big drop in auto sales.
NEW YORK (AP) - Union Pacific, the nation's largest railroad, is redirecting rail traffic from New Orleans to two other cities in preparation for a possible strike by Tropical Storm Gustav.