VOL. 123 | NO. 157 | Tuesday, August 12, 2008
The owners of five Memphis motels that were closed last week as nuisances under Tennessee law are due in Shelby County Environmental Court today.
Count the area’s homebuilders – along with Realtors and mortgage bankers – as another group that sees the Housing and Economic Recovery Act of 2008 as a salve for the ongoing real estate crisis.
The day after last week’s Shelby County general election, Paul Mattila walked into a room in the Shelby County Administration Building where employees of the Shelby County Trustee’s office had gathered in his honor.
Health care costs are expected to rise more than 10 percent into next year, according to a survey of insurers by Aon Consulting Worldwide.
CHICAGO (AP) – Corporate America may have turned its back on traditional pensions, but it appears to be embracing 401(k)s more than ever.
6990 Shelby Drive, Memphis, TN 38125, Sale Amount: Quitclaim -
Miami-based real estate investment firm Gator Investments, operating locally as Gator Shelby Partners Ltd., has entered the Memphis market with the acquisition of the Shelby Square retail strip center on the northeast corner of Riverdale Road and Shelby Drive.
WASHINGTON (AP) - More banks are tightening lending standards on home mortgages and other consumer and business loans as a deepening credit crisis exerts a heavier toll on the economy.
WASHINGTON (AP) - Pharmaceutical companies are increasingly hiking the prices of specialty medications by 100 percent or more - sometimes much more - attracting scrutiny from lawmakers who have pledged to lower health care costs.
Five of the nation's largest credit unions are reporting big paper losses on mortgage-related securities, a sign that housing-market distress is spreading even to the most risk-averse financial sectors.
MEMPHIS, Tenn. (AP) - Communications between an air traffic control center in Memphis and an unknown number of airplanes flying through its territory were disrupted on Saturday, the Federal Aviation Administration said.