The leaders of the Senate Banking Committee on Tuesday announced an agreement on legislation to wind down government-owned mortgage financiers Fannie Mae and Freddie Mac, jump-starting a long-standing debate that could still take years to resolve.» Read More
As part of the deal announced by the Justice Department and Environmental Protection Agency, the North Carolina- based home improvement retailer also pledged to adopt a compliance program for dealing with lead paint during the renovation programs offered through its more than 1,700 stores.
NASHVILLE, Tenn.— A special investigative team of the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives is looking into an explosion at a Tennessee ammunition plant that killed one person and injured three others.
WASHINGTON— Two House Democrats said Wednesday they are beginning their own inquiry into whether Tennessee state officials may have violated "or otherwise run afoul of" federal law by their alleged conduct ahead of a vote by workers at a Volkswagen factory in Chattanooga, Tenn., that rejected a bid to be represented by the United Auto Workers union.
LONDON, April 16- "What's your interest in Bill and Ben in the pick?" A basic translation of that particular line of Cockney rhyming slang, originating in London's working class East End, would run something like: "Are you a buyer or a seller of dollar/yen at the daily benchmark rate-setting fix?
*Prices fall as China growth beats expectations, stocks rise. China, the world's second-largest economy, grew 7.4 percent in the January-March quarter from a year earlier, the National Bureau of Statistics said on Wednesday. "That momentarily took the air out of that move," said Jim Vogel, an interest rate strategist at FTN Financial in Memphis, Tennessee.
NEW YORK— Miley Cyrus is canceling another concert and remains hospitalized for a severe allergic reaction to antibiotics. A representative for the 21- year-old says in a statement that Cyrus is canceling her Wednesday performance at the Scottrade Center in St. Louis. Tickets for the St. Louis concert are being refunded.
But Congress will have to act fast. Foxx's warnings this week echo ones by President Barack Obama, who cautioned in February that unless Congress finished a bill by summer's end then "we could see construction projects stop in their tracks."
The U.S. 6th Circuit Court of Appeals concluded that prosecutors presented enough evidence to back their contention that 53- year-old Christopher Cello Smith of Prestonsburg, Ky., and 58- year-old Michael D. Smith of Cookeville, Tenn., defrauded thousands of investors.
NASHVILLE, Tenn.— Tennessee revenue collections are showing signs of improvement, but are still well below expectations. The state's general fund collections came in $4 million short of projections in March, which reflects economic activity in the previous month.
Some of the best investment strategies don't come from Wall Street—they come from public pension funds.
*Ukraine's ultimatum to separatists saps risk appetite earlier. LONDON, April 14- Global equities rose on Monday on robust U.S. retail sales data, rebounding from last week's steep decline, while the euro fell, prompted by the European Central Bank's strongest signal yet that it would ease policy to cool the single currency.
*Retail sales jump 1.1 percent in March. WASHINGTON, April 14- U.S. retail sales recorded their largest gain in 1-1/ 2 years in March, in the latest sign the economy was emerging from its weather-induced slumber and on track to accelerate in the second quarter.
WASHINGTON, April 10- Three men have been indicted on charges that they defrauded a federal telephone subsidy for low-income Americans of $32 million, the first such criminal prosecution in the Lifeline program, the Justice Department said on Thursday.
WASHINGTON, April 10- Three men have been indicted on charges that they bilked $32 million from a federal program that subsidizes cell phones for poor Americans, the first such criminal fraud prosecution in the Lifeline program, the Justice Department said on Thursday.
Bill Haslam and 18 other officials as part of a challenge of a vote rejecting union representation at the Volkswagen plant in Chattanooga. The union alleges that Republican politicians interfered with a fair outcome by stating that a UAW win could imperil state incentives for future expansion of Volkswagen's lone U.S. plant.
The Coast Guard closed part of the river where it was searching for the two people, whose names hadn't been released. The barge overturned and sank at a terminal on the Arkansas side of the river near Blytheville, said Coast Guard spokesman Lt.
NASHVILLE, Tenn.— Expansion talks at Volkswagen's lone U.S. plant have ground to a halt amid disagreements about the role of organized labor at the factory in Tennessee.
NASHVILLE, Tenn.— An anti-union group on Monday raised concerns that Volkswagen could move to recognize the United Auto Workers at its Tennessee plant without a vote. A Volkswagen spokesman did not return a message seeking comment. "The UAW has a good relationship with Volkswagen and its works council leadership.
WASHINGTON— At the prodding of business organizations, House Republicans quietly secured a recent change in President Barack Obama's health law to expand coverage choices, a striking, one-of-a-kind departure from dozens of high-decibel attempts to repeal or dismember it.
SAN FRANCISCO, April 4- Tech workers in Silicon Valley debated on Friday whether Mozilla CEO Brendan Eich got the comeuppance he deserved or was himself a victim of intolerance when he resigned under pressure this week amid outrage over his opposition to same-sex marriage.