Tennessee Gov. Bill Haslam argues that his state is best for business due to sound fiscal strength and investments.» Read More
WASHINGTON/ SEOUL, Sept 1- Washington is facing growing international pressure to ease its long standing ban on crude oil exports, with South Korea and Mexico joining the European Union in pressing the case for U.S. oil shipments overseas.
LOS ANGELES— The FBI said Monday it was addressing allegations that online accounts of several celebrities, including Oscar-winner Jennifer Lawrence, had been hacked, leading to the posting of their nude photographs online. Apple said Monday it was looking into whether its online photo-sharing service had been hacked to obtain the intimate images.
Thousands of acres from Arkansas to Florida and Georgia were planted in sesame this year— sometimes joining a rotation of cotton, soybeans and corn and at times spread in fields too far away from irrigation lines. The nation's traditional sesame-growing region is in Oklahoma and Texas west of Interstate 35.
The repeal movement drew support from tea party groups, but Senate President Pro Tem Del Marsh, a Republican, blocked the bills with the support of one of the state's most powerful business groups, the Business Council of Alabama.
Chief Executive Rick Dreiling said Dollar General would not relinquish its pursuit of Family Dollar Stores Inc, even though the No. 1 U.S. deep-discount retailer's bid was rejected in favor of a smaller offer from Dollar Tree Inc.. Dollar General's shares rose 1.8 percent, Family Dollar's were marginally higher and Dollar Tree's were up 1 percent.
NASHVILLE, Tenn.— Genesco Inc. on Thursday reported fiscal second-quarter earnings of $4.7 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share. Genesco cut its full-year outlook, and now expects adjusted earnings between $5.10 and $5.20 per share.
NEW YORK— Dollar General Corp. said it still wants to buy rival Family Dollar, even though its nearly $9 billion offer was rejected by the discount retailer last week. Last week, Family Dollar rejected Dollar General's $8.95 billion offer in favor of a slightly smaller one from rival Dollar Tree Inc. for about $8.5 billion.
GOODLETTSVILLE, Tenn.— Dollar General Corp. on Thursday reported earnings of $251.3 million in its fiscal second quarter. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 83 cents per share. Dollar General released its full-year outlook, with annual earnings per share expected to be in the range of $3.45 to $3.55.
DETROIT, Aug 27- General Motors Co and the United Auto Workers on Wednesday trumpeted the news that production of the Cadillac SRX would be shifted from Mexico to Tennessee, but Reuters has learned that GM also plans to move some other assembly work in the opposite direction.
DALLAS— A federal court has ruled that FedEx Corp. improperly classified about 2,300 drivers in California as independent contractors instead of employees.
DETROIT, Aug 27- General Motors Co is shifting some production of the Cadillac SRX from Mexico to Tennessee, but will partly offset that by moving some Chevrolet Equinox manufacturing from Tennessee to Mexico, an industry source told Reuters.
DETROIT, Aug 27- General Motors Co will shift production of its Cadillac SRX crossover vehicle from Mexico to its plant in Spring Hill, Tennessee, where the company once built vehicles for its defunct Saturn brand, the company and the United Auto Workers union said on Wednesday.
SPRING HILL, Tenn.— General Motors announced Wednesday that it is moving production of its next-generation Cadillac SRX crossover SUV from Mexico to its plant in Tennessee, leading United Auto Workers leaders to chide Tennessee Republicans for their opposition to the union increasing its influence in the state.
DETROIT— General Motors and government officials are expected to announce new vehicles and jobs Wednesday at a sprawling factory complex in Spring Hill, Tennessee.
DETROIT, Aug 26- Employees at the Volkswagen AG auto plant in Chattanooga, Tennessee, are attempting to form a union that will include hourly and salaried workers as a counter to the United Auto Workers Local 42 established last month, a leading anti-UAW worker said on Tuesday.
Aug 22- McDonald's Corp is replacing its U.S. president for the second time in two years, a move that suggests increased pressure on Chief Executive Don Thompson to improve sales in the fast food chain's home market.
BRISTOL, Tenn.— Roush Fenway Racing has landed Ortho as a sponsor for "roughly half" of Greg Biffle's races next season. Biffle's team is losing sponsor 3 M after this season. Roush Fenway Racing President Steve Newmark said Friday it was unclear which races will run with Ortho as the primary sponsor.
WASHINGTON— President Barack Obama's unpopular health care law is losing some of its political punch as vulnerable Democrats see it as less of an election-year minus and Republicans increasingly talk about fixing it instead of repealing.
The TVA said the plant consumes about 7,200 tons of coal daily. TVA already has announced plans to shut down coal-fired boilers at plants in Alabama, Kentucky and Tennessee. The U.S. government-owned utility supplies power to about 9 million people in Tennessee, Alabama, Mississippi, Kentucky, Georgia, North Carolina and Virginia.
Family Dollar has rejected a takeover bid from dollar-store competitor Dollar General, saying it would be too hard for the deal to pass antitrust regulators.