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  • Oak on the tongue: Bourbon boom drives demand for USA oak Thursday, 14 May 2015 | 11:12 AM ET

    OAKVILLE, Calif.— Napa Valley vintner David Duncan has been known to stick his head in an American white oak barrel to get a full hit of the vanilla-laden, fresh-baked cookie smell the emanates from the wood. In fact, his Silver Oak winery— which produces classic cabernet sauvignon from the Napa Valley and Alexander Valley— is so wedded to using only American oak to...

  • Judge says he won't toss FedEx drug indictment Thursday, 14 May 2015 | 10:25 AM ET

    SAN FRANCISCO— A judge on Thursday rejected FedEx's attempt to toss out a federal drug indictment that accuses the company of knowingly shipping illegal prescription drugs. U.S. District Court Judge Charles Breyer said the acts alleged by prosecutors do not fall under an exemption in federal drug law for transportation companies such as FedEx.

  • NEW YORK, May 14- U.S. "Trading is calming down in Europe," said Jim Vogel, an interest rate strategist at FTN Financial in Memphis, Tennessee. "Yields still aren't improving, but the frenzy is less, so that helps Treasuries disconnect from the sharp rise in Europe."

  • Customers say fraud at Haslam-owned chain went deeper Thursday, 14 May 2015 | 9:19 AM ET

    NASHVILLE, Tenn.— After a 2013 FBI raid on the truck-stop chain owned by Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam, Pilot Flying J moved quickly to settle fraud claims. Pilot has admitted that in many cases it failed to provide the promised rate— for example, tacking on an additional 3 cents per gallon rather than a promised 2 cents.

  • Customers say fraud at Haslam-owned chain went deeper Thursday, 14 May 2015 | 4:01 AM ET

    NASHVILLE, Tenn.— After a 2013 FBI raid on the truck-stop chain owned by Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam, Pilot Flying J moved quickly to settle fraud claims. Pilot has admitted that in many cases it failed to provide the promised rate— for example, tacking on an additional 3 cents per gallon rather than a promised 2 cents.

  • WASHINGTON— After the House's lopsided bipartisan vote to end the National Security Agency's bulk collection of Americans' phone records, the Senate is under considerable pressure to pass a similar measure. In the Senate, however, the legislation faces a 60- vote hurdle to begin debate. And the Senate majority leader, Republican Mitch McConnell, has expressed...

  • Top senator: Domestic surveillance needs to be ramped up Wednesday, 13 May 2015 | 11:13 AM ET

    WASHINGTON— The chairman of the Senate Foreign Relations Committee says he is shocked at how little information the National Security Agency is collecting through American phone records. Bob Corker of Tennessee said Wednesday that "it's beyond belief how little data is a part of the program." Senate leaders have introduced a bill that would allow the NSA to...

  • First Acceptance posts 1Q profit Tuesday, 12 May 2015 | 5:39 PM ET

    NASHVILLE, Tenn. _ First Acceptance Corp. on Tuesday reported first-quarter profit of $486,000. The Nashville, Tennessee- based company said it had profit of 1 cent per share. Keywords: First Acceptance, Earnings Report.

  • First Security Group posts 1Q profit Monday, 11 May 2015 | 8:24 AM ET

    CHATTANOOGA, Tenn. _ First Security Group Inc. on Monday reported net income of $540,000 in its first quarter. The bank, based in Chattanooga, Tennessee, said it had earnings of 1 cent per share. Keywords: First Security Group, Earnings Report.

  • Why homebuyers face a tough spring Monday, 11 May 2015 | 6:12 AM ET

    Eager to buy your first home this spring? Bidding wars have broken out in hot real-estate markets like Denver and Los Angeles, where there aren't enough houses to meet demand. "Inventory is still fairly low in a lot of markets across the country," said Skylar Olsen, senior economist at real estate data firm Zillow.

  • SPRING CITY, Tenn.— Tom Wallace started working at the Watts Bar nuclear plant as a young man in 1979, hoping he could eventually become a reactor operator. It remains a work-in-progress for the Tennessee Valley Authority. Meanwhile, the nuclear industry has designed a generation of entirely new plants now being built in Georgia and South Carolina.

  • WASHINGTON, May 7- Sixteen hospitals will pay $15.69 million to resolve allegations they were reimbursed from Medicare for services that were unnecessary, the U.S. Justice Department said on Thursday. As part of the settlement, Health Management Associates Inc and 14 of its formerly associated hospitals will pay $15 million, Community Health Systems and its...

  • DETROIT, May 7- The United Auto Workers said on Thursday it wants to enter new talks with Volkswagen AG about recognizing the union as collective bargaining agent for workers at the German automaker's plant in Chattanooga, Tennessee. Casteel told reporters that Chattanooga is the only VW plant without such a works council. VW said in a statement that...

  • DETROIT, May 7- The United Auto Workers said on Thursday it wants to enter new talks with Volkswagen AG about recognizing the union as collective bargaining agent for workers at the VW plant in Chattanooga, Tennessee. UAW Secretary-Treasurer Gary Casteel said the union made a renewed pitch to the German auto group after a recent filing with U.S. labor officials...

  • For the first quarter, Franklin, Tennessee- based Community Health reported net income of $79 million, or 68 cents a share, compared with a net loss of $112 million, or $1.05 cents a share, a year earlier. Competitors HCA Holdings Inc, the nation's largest hospital operator, and No. 3 Tenet Healthcare Corp this week both posted results that were boosted by growth in...

  • But investors have pushed the shares of some of those restaurants- Shake Shack Inc, Zoe's Kitchen Inc and Habit Restaurants Inc- to sky-high levels that imply growth expectations that may prove hard for the management to deliver. Shake Shack- the big outperformer- is up 260 percent since it went public at the end of January. Based on the number of locations open at...

  • WASHINGTON, May 4- Holcim Ltd, a Swiss company, and Lafarge S.A., which is based in Paris, on Monday won U.S. antitrust approval to merge after they agreed to divest assets, the Federal Trade Commission. Lafarge said previously that it would sell its Davenport cement plant in Iowa and seven terminals along the Mississippi River to Summit Materials for $450 million in...

  • Electrolux Q1 profit falls less than expected Friday, 24 Apr 2015 | 3:32 AM ET

    Home appliances maker Electrolux reported a smaller-than-expected fall in first-quarter earnings on Friday.

  • BRUNSWICK, Maine, April 21- Maine Governor Paul LePage on Tuesday proposed amending the state's constitution to eliminate the income tax, telling lawmakers the strategy was the best way to make the tax cut he desires permanent. The proposal, opposed by Democrats who control the state House of Representatives, would insert language in the state's 195- year old...

  • Blue Bell Creameries pulls all of its products Monday, 20 Apr 2015 | 11:11 PM ET
    Texas-based Blue Bell Creameries issued a voluntary recall Monday, April 20, 2015, for all of its products on the market after two samples of chocolate chip cookie dough ice cream tested positive for listeriosis.

    Texas-based Blue Bell Creameries voluntary recalls all its products after two samples tested positive for listeriosis.