Tennessee Gov. Bill Haslam argues that his state is best for business due to sound fiscal strength and investments.» Read More
SAN FRANCISCO— FedEx Corp., the latest company accused in a federal probe involving illegal online pharmacies, says it will fight the charges that it knowingly shipped drugs to people who lack valid prescriptions.
*30- year rises over 1 point; 10- year yields below 2.5 percent. NEW YORK, July 25- U.S. "We saw some flattening as a function of upcoming supply," said Kim Rupert, managing director at Action Economics in San Francisco.
NATCHEZ, Miss.— Great River Industries will expand in Natchez, Miss. and move its corporate headquarters there from Memphis, Tennessee, creating 25 jobs. Great River Industries makes storage tanks and industrial pressure vessels from steel plate.
NEW YORK, July 25- U.S. "The underlying tone of this report was disappointing," said TD Securities strategist Millan Mulraine. Treasury prices had been up moderately or flat amid weakness in European stock markets shortly before the Commerce Department report but climbed afterwards.
Diane Black, R- Tenn., who sponsored the bill. The White House says President Barack Obama supports making the tax credit permanent but that the administration opposes the bill because it would add $97 billion to the budget deficit over the next decade. The White House statement stopped short of threatening a veto.
WASHINGTON— Applications for U.S. unemployment benefits plunged last week, a sign that the economy is building strength. The Labor Department said Thursday that applications for jobless aid fell 19,000 to a seasonally adjusted 284,000. The fewest people sought benefits since February 2006, almost two years before the start of the Great Recession.
Republican lawmakers introduced legislation on Wednesday that would force President Barack Obama to submit quickly to Congress any comprehensive nuclear agreement with Iran and give lawmakers the chance to reject the deal and reimpose sanctions.
The public-private partnership includes companies, the University of Michigan, Ohio State University and research institutions. The institute will contribute to economic development in Michigan, Ohio, Indiana, Tennessee and Kentucky over the next five years, according to officials.
The U.S. 6th Circuit Court of Appeals found no mistakes in the handling of the cases of 51- year-old former attorney Bryan Coffman and 60- year-old Tennessee businessman Gary Moss Milby. The episode showed Milby giving his daughter a private helicopter ride, a new BMW and a shopping spree.
ACCOKEEK, Md.— Beretta U.S.A. announced Tuesday that company concerns over a strict gun-control law enacted in Maryland last year have made it necessary to move its weapons making out of the state to Tennessee.
New Mexico, Nevada, Louisiana and Arizona round out the bottom five states. Tennessee was one of five states that showed the biggest improvements in the last year, moving from 39th to 36th. In education, a focus of major reform in Tennessee the last few years, the state improved from 42nd to 37th.
ATLANTA— U.S. nuclear regulators may need to shuffle staff as fewer nuclear plants are built and financial pressures prompt utilities to shutter existing plants, U.S. Nuclear Regulatory Commission Chair Allison Macfarlane said Monday. Three nuclear plants are under construction in Georgia, South Carolina and Tennessee.
CHATHAM, Mass.— Its reputation as a man-eating predator aside, the great white shark is emerging as a boon for tourism on Cape Cod. Among the entrepreneurs is Justin Labdon, owner of the Cape Cod Beach Chair Company, who started selling "Chatham Whites" T-shirts after customers who were renting paddle boards and kayaks began asking whether it was safe to go to sea.
Lacey Spears, of Scottsville, Kentucky, has pleaded not guilty to charges of depraved murder and manslaughter in the January death of her son, Garnett-Paul Spears, whose sodium levels rose to an extremely dangerous level with no medical explanation.
RALEIGH, N.C.— A North Carolina company is recalling approximately 200 pounds of grilled chicken entrees because they were mislabeled and contain milk, an allergen not declared on the label. The U.S. Department of Agriculture's Food Safety and Inspection Service announced the recall by B. Roberts Foods of Charlotte, North Carolina, on Friday.
The California cities of San Jose, Vallejo and San Diego all saw a heightened threat, as new fault lines have been recently discovered, the report said. It also upgraded the risks facing parts of the central and eastern United States, singling out areas near New Madrid, Missouri, and Charleston, South Carolina.
WASHINGTON— Since the Great Recession officially ended in June 2009, the U.S. economy has generated 7.8 million jobs. North Dakota, benefiting from an oil and gas drilling boom, has created nearly 98,000 jobs over the past five years, a 27 percent increase-- by far the best in the country.
MONTGOMERY, Ala.— Alabama is the only state with a higher unemployment rate for June than a year earlier, the U.S. Bureau of Labor Statistics reported Friday. Alabama's unemployment stayed the same from May to June at 6.8 percent. Alabama recorded 6.5 percent in June 2013.
WASHINGTON— The race to succeed House Majority Leader Eric Cantor has attracted donations from Sarah Palin and Emmy-winning TV producer Jonathan Littman, as both Republican and Democratic candidates reap the benefits of Cantor's upset loss in last month's GOP primary.
FedEx was indicted for shipping packages from illegal online pharmacies despite repeated warnings from U.S. drug enforcement officials.