VOL. 123 | NO. 176 | Tuesday, September 9, 2008
For both shareholders and executives of FedEx Corp., the transportation giant’s expected outlook for 2009 soon will come more into focus after several months of wrestling with the housing and economic slump in the U.S.
Chris Christian had been in the homebuilding business long enough – more than 20 years – to know it was time to shake things up.
Memphis City Council members will pick an interim council member today to fill their ranks until the Nov. 4 election.
WASHINGTON (AP) – Uncle Sam has just become the 800-pound gorilla in the U.S. mortgage market.
5111 Sanderlin Ave., Memphis, TN 38117, Sale Amount: $4.4 Million -
Tennis Club of Memphis LLC – a partnership led by Doug Carpenter and Brian Sullivan of the carpenter | sullivan | sossaman advertising firm plus San Jose, Calif.-based Silicon Valley Sports & Entertainment – has bought The Racquet Club of Memphis for $4.4 million.
NEW YORK (AP) - Few outside Washington and Wall Street may understand what Fannie Mae and Freddie Mac do, but the government's bailout of the two will likely be felt in cities and suburbs across the country.
NEW YORK (AP) - Real-estate Web site Zillow.com is expanding its partnership with 282 newspapers to give national advertisers new ways to reach local markets, changes that the news companies hope will allow them to raise their fees for online ads.
VIENNA, Austria (AP) - With oil prices off nearly 30 percent from their highs of almost $150 a barrel, OPEC oil ministers are considering what was unthinkable just a few weeks ago - cutting back output to prop up the price of crude.
WASHINGTON (AP) - General Motors Corp. has recalled 314,048 Chevrolet HHR sport utility vehicles to fix a storage bin door that failed to remain closed during government testing, the automaker said Monday.
LONDON (AP) - GlaxoSmithKline PLC said Monday that the president of its North American pharmaceutical division will leave the company Dec. 1.
NEW YORK (AP) - It sounds like an arcane topic that would concern only a few, but a proposal by the Securities and Exchange Commission has generated a mini furor.