VOL. 128 | NO. 193 | Thursday, October 3, 2013
David Waddell, president and CEO of Memphis-based Waddell & Associates, had a two-word response when asked what financial and economic impact there might be from the current dysfunction in the nation’s capital.
Woodland breaks ground on school expansion
Woodland Presbyterian School broke ground Monday on phase one of a church and campus overhaul and expansion, a project that will include the construction of a building to be used for seventh- and eighth-grade classrooms and a technology lab.
The suburban school board races next month come down to seven contested elections in four of Shelby County’s six suburban towns and cities.
The layoffs at Memphis-based GTx Inc., announced Tuesday, Oct. 1, came with the resignation of the drug manufacturing company’s chief financial officer and pay cuts for GTx’s top three leaders.
The city’s looming pension liability crisis and the proposed solution to it intersected Tuesday, Oct. 1, with a plan to overhaul city sanitation services and, in the process, provide a pension supplement to sanitation workers.
So far, the Nov. 7 municipal school board races in Arlington and Collierville will be a formality.
MEMPHIS LAW TALK
Joann Coston-Holloway, an associate with Baker, Donelson, Bearman, Caldwell & Berkowitz PC, is Shelby County’s district representative for the Tennessee Bar Association.
Ray’s Take You may believe your financial records are fairly well organized. However, you could unwittingly be leaving your loved ones a big mess. No one likes to dwell on dying, but one day we’ll all “make the switch,” and a little planning can greatly ease the pain for those left behind.
Bummer! I drove in from Tulsa a while ago. No big deal that my teammates and I suffered an ignominious defeat on the golf course this morning. No big deal that I opted to not listen to the football game on the radio during the drive home, which might have made the drive seem briefer.
NEW YORK (AP) – As the government's partial shutdown enters a second day, most companies across the country are doing business as usual. Yet concern is rising that a prolonged shutdown would cause some work at private companies to dry up and consumers to lose faith in the U.S. economy.
ST. LOUIS (AP) – Enterprise Holdings told The Associated Press on Wednesday that it plans to hire 11,000 new workers by the middle of next year, thanks to the success of its trio of car rental companies.
WASHINGTON (AP) – Business leaders are taking sides with Democratic President Barack Obama after failing to persuade their traditional Republican allies in Congress to avert a government shutdown.
WASHINGTON (AP) – The roiling debate over the U.S. government shutdown is extending to Twitter, Facebook and Instagram as fed-up Americans turn to social media to register their disgust with federal lawmakers for shutting down the government.
ATLANTA (AP) – After three years of bashing President Barack Obama's health care overhaul, Republican governors were surprisingly mute on the first day consumers could shop for insurance policies through online marketplaces.