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
Oct 10- Package delivery company FedEx Corp. "We are operating in the most tepid post-recession recovery in the modern era," David Bronczek, chief executive of FedEx's Express unit, told a biannual analyst and investor meeting in Memphis, Tennessee.
NEW YORK-- Investors are driving up shares of FedEx Corp. after the world's second-largest package delivery company promised to boost profits by shedding jobs, aircraft and underused assets. FedEx plans to boost profit by $1.7 billion within three years. Express is where FedEx got its start in 1971, and is still the company's biggest segment by far.
NASHVILLE, Tenn.-- Tennessee's tax collections have shown marginal growth in the second month of the budget year. Sales tax collections were $2.2 million less than the estimate for September, where combined franchise and excise taxes were $54.9 million above the budgeted estimate of $254.2 million.
WASHINGTON-- Car owners whose air bags have been replaced in the past three years may have had dangerous counterfeit bags installed, the Obama administration warned Wednesday.
On Tuesday, the outbreak claimed four more lives and Florida became the latest state to report at least one death linked to the illness in a widening health scare.
Tax exemption for munis is under threat as Congress considers narrowing the U.S. budget deficit with spending cuts and new sources of revenue for the federal government. It also includes a local Tennessee official, the executive director of the National Association of Local Housing Finance Agencies and others.
WASHINGTON-- The Obama administration is preparing to warn car owners whose air bags have been replaced in the past three years that dangerous counterfeit bags may have been installed, according to auto industry officials who have been briefed by the government.
NASHVILLE, Tenn., Oct 9- A rare U.S. outbreak of fungal meningitis linked to steroid injections has claimed four more lives with Florida the latest state to report at least one death linked to the illness in a widening health scare, authorities said on Tuesday.
NASHVILLE, Tenn., Oct 9- A rare U.S. outbreak of fungal meningitis linked to steroid injections has claimed three more lives and New Jersey became the tenth state to report at least one case of the illness in a widening health scare, authorities said on Tuesday.
LEBANON, Tenn.-- Cracker Barrel Old Country Store Inc. defended its incoming chairman on Tuesday, saying statements it made about James Bradford's background were not clear, but Bradford never misrepresented himself and his experience is "beyond reproach."
NASHVILLE, Tenn., Oct 9- A rare U.S. outbreak of fungal meningitis linked to steroid injections has claimed three more lives and New Jersey became the tenth state to report at least one case of the illness in a widening health scare, health authorities said on Tuesday.
A statement from the Austin, Ky., company on the U.S. Food and Drug Administration's website says the varieties are Kentucky Rose, Kentucky Bleu, Awe-Brie and Tomme de Nena. The cheeses were sold to farmers markets, restaurants, distributors and retail stores in Florida, Indiana, Illinois, Kentucky, Ohio, Tennessee and Virginia between Aug. 22 and Sept. 25.
FORT WORTH, Texas-- Less than two weeks after announcing plans to slash its operations in Mexico, Cash America is adding new pawn shops in the U.S. The Fort Worth, Texas, company said Tuesday that it has signed two deals for 34 locations, in Tennessee, North Carolina, Kentucky and Arizona, for $68 million to $72 million.
NEW YORK-- As many as 13,000 people received steroid shots suspected in a national meningitis outbreak, health officials said Monday. Those injected in joints are not believed to be at risk for fungal meningitis, said Curtis Allen, a spokesman for the Centers for Disease Control and Prevention.
Since the Sept. 25 recall of three lots of a steroid produced by a Massachusetts company, the outbreak has spread to nine states and 105 patients, with eight people killed, the Centers for Disease Control said.
NASHVILLE, Tenn., Oct 8- About 13,000 people in 23 U.S. states may have received steroid injections linked to a rare fungal meningitis outbreak that has killed eight people, but far fewer are likely to contract the disease, the Centers for Disease Control said on Monday.
*Marathon to purchase refinery for $598 million. HOUSTON, Oct 8- Marathon Petroleum Corp is buying BP Plc's Texas City refinery, the site of a deadly industrial accident, in a $2.5 billion deal that will make it the No. 4 U.S. refiner with a bigger potential slice of lucrative exports.
NASHVILLE, Tenn., Oct 8- Some 13,000 people in 23 U.S. states may have received steroid injections linked to a rare fungal meningitis outbreak that has killed eight people, but far fewer are likely to contract the disease, the Centers for Disease Control said on Monday.
NASHVILLE, Tenn., Oct 8- U.S. health authorities scrambled on Monday to identify more cases of a rare form of meningitis, including enlisting local police to find people who might be infected by tainted steroid injections that have so far killed eight people.
The widening outbreak has alarmed federal and state health officials and focused attention on regulation of pharmaceutical compounding companies like the one that produced the drugs, the New England Compounding Center Inc in Framingham, Massachusetts.