NASHVILLE, Tenn.-- The state House has unanimously approved Tennessee Gov. If approved by the Senate, the state's tax on groceries would drop by a quarter percentage point to 5 percent. The tax reduction is projected to cost the state about $23 million in state revenue _ or an average annual tax savings of about $3.56 for each Tennessean.
SAN FRANCISCO-- The National Rifle Association and gun manufacturers are to blame for the "disconnect" between the broad public support for gun control and the reluctance in Congress to ban assault weapons and high-capacity ammunition magazines, U.S. My view is they shouldn't go up to the Senate if they are unwilling to stand up and vote. "
NASHVILLE, Tenn.-- Legislation to allow wine to be sold in Tennessee supermarkets and convenience stores isn't quite dead yet. Douglas Henry of Nashville, who abstained on that vote now wants to vote in favor of the measure after receiving assurances that it would no longer include a provision allowing Sunday liquor sales.
WASHINGTON, April 2- Mortgage finance company Fannie Mae posted a record $7.6 billion in quarterly earnings, but it refrained from booking a tax-related gain that would have allowed the bailed-out company to repay as much as $59 billion to taxpayers. Treasury, to help pay back the roughly $117 billion that Fannie Mae owes taxpayers.
Bill Haslam's administration on Tuesday rolled out its amendment to the appropriations bill, which includes nearly $45 million to increase the amount of cash grants available to companies looking to invest in Tennessee.
NASHVILLE, Tenn.-- Shares of hospital operator Vanguard Health Systems took back some ground Wednesday after the company said it had secured a three-year contract to manage Medicaid patients in Arizona. It had said last month that Arizona wasn't renewing a bigger Medicaid contract.
NASHVILLE, Tenn.-- Legislation to allow wine to be sold in Tennessee supermarkets and convenience stores has hit another road block. Republican Senate sponsor Bill Ketron of Murfreesboro has said he wants to get the bill out of the committee in case the situation changes in the House.
NASHVILLE, Tenn.-- Opponents of a proposal that seeks to change the way injured workers' claims are considered in Tennessee say it would reduce benefits and remove impartiality from the judgment process. Bill Haslam's legislative package, was scheduled for a full Senate vote on Monday evening.
*Good month for South Korea, Japan, but Brazil, India slow. NEW YORK/ BEIJING, April 1- Strong demand at home boosted activity at Chinese factories last month, but U.S. manufacturing hit an unexpected speed bump after expanding rapidly in February, weakened by a slower pace of new orders.
*Factory activity slows in March on weak orders. WASHINGTON, April 1- U.S. factory activity slowed in March as new orders weakened, but a rebound in construction spending in February was another sign of faster economic growth in the first quarter.
NASHVILLE, Tenn.-- House Majority Leader Gerald McCormick says he favors a bill to allow wine to be sold in Tennessee supermarkets and convenience stores, but would oppose efforts to hold a re-vote in a committee where it narrowly failed.
DETROIT, March 28- The United Auto Workers union said on Thursday it added members for the third straight year in 2012, as it organized workers from casinos as well as auto parts companies in Alabama and Kentucky, the union said on Thursday. The union is active in trying to organize workers at two Tennessee auto plants and one in Mississippi.
MEMPHIS, Tenn.-- Discount store operator Fred's Inc. said Thursday that its fourth-quarter net income fell 33 percent due to some higher costs and cautious consumer spending. Net income for the three months ended Feb. 2 fell to $6.6 million, or 18 cents per share. That compares with $9.8 million, or 26 cents per share, the year before.
PHILADELPHIA-- Shares of Five Below, which operates $5- and-below stores aimed at young people, fell 5 percent in morning trading after the company said its fourth-quarter net income rose but its outlook came in below expectations.
March 27- Workers at Volkswagen AG's plant in Chattanooga, Tennessee, will decide whether they want union representation, and the United Auto Workers is just one option for them, VW's top executive in North America said on Wednesday.
March 27- Workers at Volkswagen AG's plant in Chattanooga, Tennessee, will decide whether they want union representation, and the United Auto Workers is just one option for them, VW's top executive in North America said on Wednesday.
NEW YORK, March 27- Political friction between China and Japan delayed by one year Nissan Motor Co's plan to get 10 percent market share in China, Renault-Nissan Chief Executive Carlos Ghosn told Reuters Insider on the sidelines of the New York auto show on Wednesday.
March 27- Workers at Volkswagen AG's plant in Chattanooga, Tennessee, will make the decision whether they want union representation, and the United Auto Workers is just one option for them, VW's top executive in North America told CNBC on Wednesday.
PITTSBURGH-- A 16- year-old girl who was used as a shield and stabbed by a homeless man who fled into a downtown Target Corp. store after a fight was visiting Pittsburgh with her family while on spring break from her school in Tennessee, authorities said Tuesday.
March 27- Workers at Volkswagen AG's plant in Chattanooga Tennessee will make the decision whether they want union representation, and the United Auto Workers is just one option for them, VW's top executive in North America told CNBC on Wednesday.