VOL. 123 | NO. 15 | Wednesday, January 23, 2008
Small-business filings have dropped steadily - though not drastically - since 2005, and the trend continued in 2007.
Known primarily for exporting barbecue and blues music, Memphis soon will become one of the country's largest manufacturing and distribution centers for rice.
Frank M. Holbrook, an attorney with Butler, Snow, O'Mara, Stevens & Cannada PLLC, has been certified as a civil trial specialist by the National Board of Trial Advocacy.
During the fourth quarter, when talk and speculation leaned hardest toward an impending recession and banking and loan institutions took a hit from subprime mortgage market fallout, business license filings held nearly steady, with only a 5 percent drop from Q4 2006. Filings for Q4 2007 were 1,364, compared to 1,438 in Q4 2006.
Editor's Note: The following story is a first-person account of a reporter who knew Shelby County Trustee Bob Patterson, who died Friday night at age 69 following a massive heart attack.
WASHINGTON (AP) - The Federal Reserve, confronted with a global stock sell-off fanned by increased fears of a recession, slashed a key interest rate by three-quarters of a percentage point on Tuesday and indicated further rate cuts were likely.
Tomeka Hart says all she wanted to do was get her one-year term as Memphis school board president off to a good start. So she scheduled separate meetings with Memphis Mayor Willie Herenton and Shelby County Mayor A C Wharton Jr.
ATLANTA (AP) - A particularly thorny issue for Delta Air Lines Inc. in its talks with United Airlines and Northwest Airlines about a combination with one of the carriers is where the merged company would be based and what it would be called, industry observers say.
NASHVILLE (AP) - Democratic presidential candidate Hillary Clinton plans to run television advertisements in Nashville, Memphis, Jackson, Chattanooga and Knoxville.
NAPLES, Fla. (AP) - Republican Fred Thompson, the actor-politician who attracted more attention as a potential presidential candidate than as a real one, quit the race for the White House on Tuesday after a string of poor finishes in early primary and caucus states.
NASHVILLE (AP) - Fred Thompson became the latest Tennessee Republican who couldn't translate statewide support into national success when he withdrew from the presidential race on Tuesday.
NASHVILLE (AP) - A proposal is moving through the Legislature that would make false reports of child abuse a felony.
NASHVILLE (AP) - State officials estimate that a proposed animal abuser registry in Tennessee would have little uptake.
NASHVILLE (AP) - State lawmakers are evaluating a proposal to change the cutoff date for children to be eligible for kindergarten.
WASHINGTON (AP) - For many people, the question this year isn't just which presidential candidate to vote for, it's when.
NEW YORK (AP) - Both Regions Financial Corp. and SunTrust Bank on Tuesday lowered their prime rates by three-quarters of a percentage point after the Federal Reserve cut its key interest rate.
BIRMINGHAM, Ala. (AP) - Regions Financial Corp.'s profit sank 80 percent in the fourth quarter as slipping property values hindered real estate developers from repaying loans, the bank said Tuesday.
DAVOS, Switzerland (AP) - Chief executives from New York to Tokyo are wary that a global recession could put a halt to growth at their companies, according to a survey that showed business confidence had declined among them for the first time since 2003.
MEMPHIS (AP) - Buckeye Technologies Inc., a specialty fibers maker, said Tuesday it will cut 20 to 25 staffers at a plant in British Columbia, due to a stronger Canadian dollar and high transportation costs.