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  • CHATTANOOGA, Tenn.— The head of a rival group to the United Auto Workers at the Volkswagen plant in Tennessee says his group doesn't share close links to another outfit that worked against a union election at the factory last year. The American Council of Employees was formed after the UAW narrowly lost that vote. A group called Southern Momentum organized...

  • Genesco misses Street 1Q forecasts Friday, 29 May 2015 | 7:51 AM ET

    NASHVILLE, Tenn. _ Genesco Inc. on Friday reported fiscal first-quarter net income of $9.9 million. Genesco expects full-year earnings in the range of $4.70 to $4.80 per share. Genesco shares have fallen 12 percent since the beginning of the year.

  • Nothing was said about running a loan program for Atlantic City. But as Drummon negotiated with Thigpen to purchase the Tennessee Business and Industrial Development Corp., Drummon was working with former Atlantic City Mayor Lorenzo Langford to get $3 million from the city to launch a community loan program. Atlantic City is suing to get the $3 million back,...

  • Bolan, because it ends the SEC case against him while permitting him to go back to work immediately, "he said. The settlement was reached on the eve of a trial before an SEC administrative law judge over charges the SEC first leveled against Bolan and Ruggieri in September. The SEC had alleged that Ruggieri, who worked at Wells Fargo in New York, in 2010 and 2011 traded...

  • NASHVILLE, Tenn.— Discount retailer Dollar General has named a new chief executive officer. He was promoted to chief operations officer in 2013. Before joining Dollar General, Vasos served in executive positions with Longs Drug Stores Corp.. Dollar General plans to open 730 stores this year as it expands its footprint into Maine, Oregon and Rhode Island.

  • Atlantic City sues over failed community loan program Thursday, 28 May 2015 | 9:53 AM ET

    Atlantic City is suing to get back $3 million it gave to the company that has failed to run the Community Loan Program, launched in 2013 by Lorenzo Langford, the mayor at the time. The company used most of the city money to buy a finance firm in Tennessee that has since had management of more than $6.6 million in government-backed loans taken away by the Small...

  • Fred's tops 1Q profit forecasts Thursday, 28 May 2015 | 7:58 AM ET

    MEMPHIS, Tenn. _ Fred's Inc. on Thursday reported a fiscal first-quarter loss of $29,000, after reporting a profit in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share. Three analysts surveyed by Zacks expected $510.1 million.

  • UAW rival at VW represented by 'union avoidance' expert Wednesday, 27 May 2015 | 5:10 PM ET

    NASHVILLE, Tenn.— The rival group to the United Auto Workers union at the Volkswagen plant in Tennessee brands itself as local, independent and free of outside influence or political agenda. But the American Council of Employees won't divulge how it is funded, and the lawyer who recently filed the group's overdue disclosures with the U.S. Department of Labor...

  • U.S. state April income tax revenue returns to growth Wednesday, 27 May 2015 | 3:35 PM ET

    May 27- U.S. state personal income taxes rebounded in the key revenue month of April, partly due to 2014' s strong stock market, after dropping a year ago, but collections have not fully stabilized since big increases in 2013.. Brian Sigritz, director of state fiscal studies at the National Association of State Budget Officers, said income tax revenue, boosted in part...

  • MIAMI— Since eight hurricanes whipped through Florida during back-to-back seasons a decade ago, causing $33 billion in insurance claims, the state's coastal communities have added an additional 1.5 million people and almost a half-million new houses, an Associated Press analysis shows. The improvement derives from Florida's statewide building code,...

  • BISMARCK, N.D.— An autopsy will determine whether a man had drugs or alcohol in his system when he fatally shot one worker and injured a second before killing himself at a North Dakota Wal-Mart store, police said Wednesday. Police said the shooting at the store in Grand Forks a few minutes after 1 a.m. Tuesday may have been random. Police on Wednesday identified the...

  • NEW YORK— Amazon is hiring 6,000 full-time workers to staff up across its more than 50 distribution centers in the U.S. Its $99 annual Prime membership service comes with free two-day delivery on many items. The Seattle- based company employed about 154,100 full-time and part-time workers in total at the end of 2014..

  • AutoZone beats 3Q profit forecasts Tuesday, 26 May 2015 | 7:10 AM ET

    MEMPHIS, Tenn. _ AutoZone Inc. on Tuesday reported fiscal third-quarter net income of $309.1 million. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $9.50 per share. AutoZone shares have risen 11 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly more than 3 percent.

  • Police: US airman shoots Wal-Mart workers, kills self Tuesday, 26 May 2015 | 7:08 AM ET

    The father and girlfriend of a U.S. Air Force airman accused of a deadly shooting at a Wal-Mart Supercenter in North Dakota early Tuesday are saying little about the man. Grand Forks police say 21- year-old Marcell Willis walked into the store and opened fire with a handgun, killing one worker and injuring a second before shooting himself. A U.S. airman walked into...

  • ORANGE BEACH, Ala.— With the Memorial Day holiday just around the corner, fallout from the oil spill that left Gulf Coast beaches smeared with gooey tar balls and scared away visitors in 2010 is being credited, oddly, with something no one imagined back then: An increase in tourism in the region. Questions remain about the long-term environmental impacts of the BP...

  • LOS ANGELES— Richard Martinez thinks of his son every day, and with those thoughts come the constant reminder of a young life cut tragically short by a troubled man with a gun. Martinez had just gotten off the phone with his son, Christopher Michaels-Martinez, on the night of May 23, 2014, when the sophomore English major at the University of California, Santa...

  • Private equity fund buying Cincinnati-based Frisch's Friday, 22 May 2015 | 9:07 AM ET

    Frisch's Restaurants Inc. said NRD Partners I will buy all outstanding shares for $34 each, or some $175 million. The regional chain of the Big Boy mascot and namesake two-burger sandwich owns some 95 family restaurants in Ohio, Kentucky and Indiana. Frisch's says it owns the "Big Boy" trademark in Kentucky and Indiana, and in most of Ohio and Tennessee.

  • Senate clears White House-backed trade bill Friday, 22 May 2015 | 3:08 AM ET

    WASHINGTON— In a victory for President Barack Obama, the Senate passed bipartisan legislation Friday night to strengthen the administration's hand in global trade talks, clearing the way for a highly unpredictable summer showdown in the House. A total of 48 Republicans supported the measure, but only 14 of the Senate's 44 Democrats backed a president of their...

  • The Federal Aviation Administration demonstrated the Data Communications system, called Data Comm, at New Jersey's Newark Liberty International Airport. The system has been used on a trial basis since 2013 at the Newark and Memphis, Tennessee, airports. "With Data Communications, you don't have to call a friend for directions," he said.

  • Kirkland's tops Street 1Q forecasts Thursday, 21 May 2015 | 6:54 AM ET

    BRENTWOOD, Tenn. _ Kirkland's Inc. on Thursday reported fiscal first-quarter net income of $2.5 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share. Four analysts surveyed by Zacks expected $117.8 million.