VOL. 124 | NO. 180 | Monday, September 14, 2009
Stems from driver classifications, doesn’t include interest
Memphis-based FedEx Corp. disclosed in a regulatory filing Friday morning that an audit team from the Internal Revenue Service is likely to assess $14 million in taxes and penalties against the package delivery giant. That’s not counting interest.
Several top executives of First Tennessee Bank have been moving into new offices over the past few weeks as the 145-year-old company has shuffled its upper ranks and named new heads of important business lines.
So many children with symptoms of the flu are going to the emergency department at Le Bonheur Children’s Medical Center that the hospital Friday set up an air-conditioned tent as a triage center.
Unless you know them personally, you’ve probably never heard of most of the candidates running in the Oct. 15 special election for Memphis mayor.
The Vinings at Germantown, a 63-lot development off Winchester Road, appears poised to close the book on a checkered past that includes several ownership groups and a litany of financial woes.
Two Collierville women are putting their homemaking and caregiving skills to use with a new business that caters to the needs of senior citizens.THE MEMPHIS NEWS
Rahema Barber gazed into the void of the Power House. It looked as though all the art had been wiped away: blank walls, empty rooms and silent space.
Some of the most essential elements of a healthy community don’t turn a profit. Some even will end the fiscal year in the red.
The last weekend in August, Memphis police had to be called to restore order in the parking lot of the Malco Paradiso movie theater.
Many great artists had one or more works that never saw the light of day until after the artist’s own death. Germantown Community Theatre (GCT) hopes to use one such unsung masterpiece to show a very different side of a legendary American author.MEMPHIS AREA
NEW YORK (AP) - Memphis, Tenn.-based FedEx Corp., the world's second largest package delivery company, on Friday offered a signal that the global economy is improving, as it raised its first-quarter earnings forecast on better-than-expected international shipments and cost cuts.
MEMPHIS, Tenn. (AP) - The newly elected president of one of the country's largest Baptist denominations says he's seeking unification following an election in which his opponent went to court to challenge the group's voting process.STATEWIDE
NASHVILLE, Tenn. (AP) - Tennessee's revenue collections in the new budget year are picking up where they left off – below expectations.
NASHVILLE, Tenn. (AP) - Some of the world's largest recording companies are suing "The Ellen DeGeneres Show," claiming producers violated their copyrights by playing more than 1,000 songs without permission.NATIONAL POLITICS
WASHINGTON (AP) - The federal deficit surged higher into record territory in August, hitting $1.38 trillion with one month left in the budget year.
WASHINGTON (AP) - Following President Barack Obama's offer of compromise on an issue that has long divided Washington, congressional health care negotiators are considering proposals to foster alternatives to medical malpractice lawsuits.NATIONAL BUSINESS
WASHINGTON (AP) – Businesses throughout the nation reduced inventories at the wholesale level for a record 11th consecutive month in July, although sales rose by the largest amount in more than a year, according to government data released Friday.
NEW YORK (AP) - Morgan Stanley's incoming CEO will be facing a drastically different landscape on Wall Street from when John Mack took over in 2005.
WASHINGTON (AP) - The government set expectations sky-high earlier this year when President Barack Obama launched an effort to help up 7 to 9 million homeowners avoid foreclosure.