Twenty-four current and former Internal Revenue Service employees have been charged with stealing government benefits, federal prosecutors said Wednesday.» Read More
NASHVILLE, Tenn.-- Automotive supplier Van-Rob will expand its plant in Tennessee's Coffee County, adding 104 jobs. Company and state officials said Wednesday the company is spending $16.8 million to increase manufacturing in Manchester. Van-Rob, Inc. _ based in Aurora, Canada _ is a division of KIRCHHOFF Automotive.
CNBC has been ranking all 50 states for competitiveness since 2007. This year's report comes as states continue to get back in fighting shape—fighting for jobs, that is.
We score all the states on 55 measures of competitiveness and 10 categories, from the cost of doing business to technology and innovation.
LOUISVILLE, Ky.-- A longtime coal operator plans to open seven mines in the heart of the eastern Kentucky coalfields in a venture expected to create more than 250 jobs in a hard-pressed region where several thousand mining jobs have disappeared in recent years.
MEMPHIS, Tenn.-- AutoZone's third-quarter net income rose 7 percent, as acquisition costs fell and sales improved. Revenue for the Memphis, Tenn., company increased 5 percent to $2.21 billion from $2.11 billion. AutoZone Inc. had 5,109 stores worldwide at the quarter's end.
NASHVILLE, Tenn.-- Tennessee officials say banking technology company TransCard LLC plans to expand its operations in Chattanooga, adding 69 new jobs in the process. Department of Economic and Community Development Commissioner Bill Hagerty says the expansion represents a $925,000 investment in Hamilton County.
WASHINGTON, May 17- Unemployment rates dropped in 43 out of the 50 U.S. states and in the District of Columbia in April from a year before, according to Labor Department data released on Friday. A handful of states, including Illinois, Delaware, Indiana, Wisconsin, Mississippi and New Hampshire saw their jobless rates rise over the year.
Either country crooner Kree Harrison or vocal powerhouse Candice Glover will be revealed Thursday night as the 12th season champion of "American Idol."
*U.S. consumer sentiment jumps to highest in almost six years. NEW YORK, May 17- Prices for U.S. Combined with better-than-expected retail sales figures on Monday, "you could probably say maybe the consumer is in a little better shape than we were thinking," said Steve Van Order, fixed income strategist at Calvert Investments in Bethesda, Maryland.
NEW YORK, May 17- Prices for U.S. The Thomson Reuters/ University of Michigan consumer sentiment data, due to be released at 9:55 a.m. is expected to show a brighter outlook in May from April.
ATLANTA-- When Ed Buckner and his family went to a north Georgia state park to celebrate his son's birthday, he was surprised and concerned to find Bibles in the state-owned cabin he had rented.
*Consumer price index slips 0.4 percent, biggest drop since December 2008. NEW YORK, May 16- U.S.
MADISON, N.J.-- Health insurer Humana is selling a toxicology and clinical lab business, a division of its Concentra health care provider, to Quest Diagnostics Inc.. The Madison, N.J., company's first-quarter net income fell 15 percent as people cut back on medical spending and more Medicare reimbursements cut into revenue.
WASHINGTON, May 16- The U.S. economy showed fresh signs of slower growth in the second quarter, with factory activity slipping in the mid-Atlantic region while groundbreaking declined at home construction sites. We are seeing a soft start for growth in the second quarter, "said Sam Bullard, an economist at Wells Fargo in Charlotte, North Carolina.
NEW YORK, May 16- U.S. Initial claims for state unemployment benefits jumped by 32,000 to a seasonally adjusted 360,000, the Labor Department said on Thursday- the biggest jump since November.
Plains states rose 20 percent in the first quarter from a year earlier, with acreage commanding record prices because of red-hot demand for cropland in the world's biggest food-exporting nation, the Federal Reserve Bank of Kansas City said on Wednesday.
Plains states rose 20 percent in the first quarter from a year earlier, with acreage commanding record prices because of red-hot demand for cropland in the world's biggest food exporting nation, the Federal Reserve Bank of Kansas City said on Wednesday.
KINGSPORT, Tenn.-- Eastman Chemical Co. said Tuesday that James Rogers will remain chairman and CEO of the company through the end of this year, and then become executive chairman on Jan. 1. He will be succeeded as CEO by Mark Costa, who was promoted from executive vice president to president, effective immediately, and appointed to the company's board.
KNOXVILLE, Tenn.-- He's less than two weeks old, but he shows the telltale signs of a baby agitated and in pain: an open sore on his chin where he's rubbed the skin raw, along with a scratch on his left check.
But the case for reform is weak and there is little chance of a significant change owing to TVA's powerful political connections.