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VOL. 123 | NO. 159 | Thursday, August 14, 2008

Group Mobilizes to Fight Cordova Wal-Mart

It’s an old story, and it generally follows the same set of events: Wal-Mart, the world’s largest retailer, pursues a piece of real estate that catches its interest. Opponents of the retail giant gather their forces, develop an organized campaign and attempt to stop the development of a new store in its tracks.

U of M to Honor Legal Pillars Of Excellence

The University of Memphis Law School Alumni Chapter will honor four of the legal community’s leaders Saturday during its “Striving for Excellence: Pillars of Excellence” ceremony at the Holiday Inn-University of Memphis.

A More Excellent Way Promotes Healthy Relationships

Young women often form ideas about love and how women should be treated in relationships by seeing how they interact with men in their families, and how they see women in their families being treated by men. That’s why one local nonprofit organization is holding an event this weekend to promote positive relationships between fathers and daughters.

Retail Sales Drop for First Time in 5 Months

WASHINGTON (AP) – Retail sales fell in July, the weakest performance in five months, as shoppers shunned autos and other big ticket items.

Hill Discusses Pharmaceutical Practice, Increase in Colleague-Oriented Law

David Hill is an attorney with Nahon, Saharovich and Trotz PLC who focuses his practice on mass torts in the area of pharmaceutical products, personal injury and workers’ compensation claims.

Local Weather
Memphis, TN
Mostly Cloudy
Wind: West at 6.9 mph
Humidity: 85%


The Memphis Chapter of the Association of Fundraising Professionals will hold its annual professional Development Conference today at 8 a.m. at the Memphis Marriott East, 2625 Thousand Oaks Blvd. Cost is $89. Tracy Brown, president of Diversity Trends, will give the keynote presentation. For more information, contact Amanda Kohr at 272-0010, Ext. 1415, or kohra@churchhealthcenter.org.

more events »

Ameriprise to Buy H&R Block Unit for $315M

MINNEAPOLIS (AP) - Ameriprise Financial Inc. will buy H&R Block Inc.'s securities brokerage business for $315 million cash, the companies said Tuesday.

Treasurys Advance on Worries About Credit Market

NEW YORK (AP) - Treasury bond prices advanced Tuesday, driven by continued concern about credit losses from major Wall Street banks and uncertainty about the value of risky mortgage-backed securities.

Easing Inflation Could Help Bonds

NEW YORK (AP) - Investors who rushed to the relative safety of bond funds when the stock market began to stagger last year might have felt they had outrun the troubles in equities - only to face the new threat of inflation when oil prices started soaring. But with the cost of crude now falling, some fixed-income investors could now find themselves in an enviable position.

Budget Deficit Soars to $102.8 Billion in July

WASHINGTON (AP) - The federal budget deficit soared in July, pushed higher by economic stimulus payments and $15 billion in outlays to protect depositors at failed banks.

SEC Short-Selling Ban on Fannie, Freddie to End

WASHINGTON (AP) - A government order expires Tuesday that temporarily banned a certain kind of short-selling of the stocks of mortgage finance companies Fannie Mae and Freddie Mac and 17 large investment banks.

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PROPERTY SALES 80 401 13,843
MORTGAGES 99 439 16,005
BUILDING PERMITS 233 998 28,755
BANKRUPTCIES 49 276 8,926

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