VOL. 123 | NO. 189 | Friday, September 26, 2008
It would be called the Southeast Satellite Multiplex. The new name is not as snappy as Hickory Ridge Mall, but it does fit the government facility the Herenton administration proposes to retrofit into the mall severely damaged by a tornado in February.
Goodlett Commons, the retail center that will reintroduce Dunkin’ Donuts to the Memphis market, officially is under way and its developer has announced another national name for the 12,600-square-foot building at the corner of Whitten Road and Goodlett Farms Parkway.
The Alliance for Nonprofit Excellence has taken another step to offer local nonprofit executives a way to strengthen their capabilities.
WASHINGTON (AP) – Warned of a possible financial panic, key Republicans and Democrats reported agreement in principle Thursday to a $700 billion bailout of the financial industry and said they would present it to the Bush administration in hopes of a vote within days.
NEW YORK (AP) – Northwest Airlines shareholders on Thursday approved a proposed combination with Delta Air Lines, bringing the carriers one step closer to creating the world’s biggest airline.
In the late 1990s, Les Edwards was close to parlaying his love of independent and art-house films into something tangible that all of Midtown Memphis could appreciate: a new Midtown cinema.
WASHINGTON (AP) - New home sales tumbled in August to the slowest pace in 17 years, while mortgage rates spiked this week, increasing pressure on the new chief executives of Fannie Mae and Freddie Mac to help stabilize the housing market.
NASHVILLE, Tenn. (AP) - Sen. Lamar Alexander said Thursday that Volkswagen's new plant in Tennessee could be affected if the country's financial crisis isn't resolved.
WASHINGTON (AP) – Orders for big-ticket manufactured goods plunged in August by the largest amount in seven months as demand for both airplanes and autos fell sharply.
WASHINGTON (AP) – New home sales tumbled in August to the slowest pace in 17 years, while the average sales price fell by the largest amount on record, demonstrating the depth of the problem that Washington is trying to solve.
FLINT, Mich. (AP) – General Motors Corp. CEO Rick Wagoner said Thursday that the automaker should be able to put to good use its portion of a $25 billion government loan package for new technology.
CHARLOTTE, N.C. (AP) – The U.S. House of Representatives on Tuesday passed legislation that would limit surprise interest rate increases and fees for credit card users, but the bill faces an uncertain fate in the Senate.