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  • *Detroit concept model to kick off SUV offensive. DETROIT, Jan 12- Volkswagen's latest push to become more than a niche player in the United States builds on a truism the German carmaker has long ignored: if you want to crack the U.S. market, tune in to American customers. VW is aiming for leadership in global auto markets, backed by timely expansion in China and Latin...

  • *Detroit concept model to kick off SUV offensive. DETROIT, Jan 12- Volkswagen's latest push to become more than just a niche player in the United States builds on a truism the German carmaker has long ignored: tune in to U.S. customers. VW is aiming for leadership in global auto markets, backed by timely expansions in China and Latin America as well as its dominance in...

  • Where to find the next office hotspots Friday, 9 Jan 2015 | 11:48 AM ET
    Downtown skyline of Nashville, Tennessee

    Office space in New York, San Francisco and Washington has gotten pricey to buy into. Where do you go for the next opportunity?

  • NEW YORK, Jan 8- U.S. Treasury debt prices fell back on Thursday as Wall Street rallied and oil prices steadied, on growing confidence European policymakers will launch a bond-buying program to combat slowing economic growth. "With concerns that the market has that the Fed will raise rates this year, people have been more willing to go further out," said Ellis Phifer,...

  • WASHINGTON, Jan 8- U.S. House of Representatives Speaker John Boehner said on Thursday he doubted there were enough votes in the new Republican-majority Congress to raise gasoline taxes. Boehner said that when the Democrats controlled Congress, they could not find the votes to raise the gas tax, adding that "it's doubtful the votes are here to raise the gas tax...

  • Jan 8- Replenished grain supplies following a bumper North American harvest bolstered global commodities trader Cargill Inc's bottom line in its latest quarter as lower prices lifted demand for crops and padded margins on meat sales. Privately-held Cargill, based in Minnesota, reported net earnings of $784 million for the second quarter ended Nov. 30, up 41...

  • Last July, before a similar deadline, Republican Senator Bob Corker of Tennessee and Democrat Chris Murphy of Connecticut proposed raising federal gasoline and diesel taxes by 12 cents a gallon over two years from the current 18.4 cents. He said it was unlikely the measure could gain enough support for the Senate to pass it soon. Dick Durbin, the No. 2 Democrat in...

  • Landon, a partner at private investment fund Community BanCapital, was chief executive of the Bank of Hawaii from 2004 until 2010. Previously, he had worked as the bank's chief financial officer and as CFO at First American in Tennessee. Several lawmakers on Capitol Hill had urged the White House to name someone with community banking experience to one of the...

  • Federal Reserve's Board of Governors, a source briefed by the White House said on Tuesday. Landon, a partner with private investment fund Community BanCapital, served as chief executive officer of the Bank of Hawaii from 2004 until 2010. The source said the White House would announce the nomination later on Tuesday. Several lawmakers on Capitol Hill have urged...

  • WASHINGTON/ HONOLULU, Jan 4- Republicans take full control of the U.S. Congress this week with an agenda of trying to force approval of the Keystone XL oil pipeline and push back on President Barack Obama's sweeping policy shifts on Cuba and immigration. Angry over the president's moves last year to bypass Congress on issues such as immigration, Republicans have...

  • NEW YORK, Dec 31- U.S. Treasuries returned 4.95 percent in 2014 while long bonds astounded with a 27.23 percent return, according to data by Barclays from Tuesday's close. Bonds gained on Wednesday after the Institute for Supply Management-Chicago Business Barometer for December declined to 58.3, its lowest reading since July.

  • TREASURIES-Treasuries post best year since 2011 Wednesday, 31 Dec 2014 | 9:34 AM ET

    NEW YORK, Dec 31- U.S. There was the realization that economic growth at the end of 2013 wasn't going to bring upward momentum into this year, "said Jim Vogel, an interest rate strategist at FTN Financial in Memphis, Tennessee. The shooting down of a Malaysia Airlines flight over Ukraine in July also created a strong safety bid for U.S. bonds as it brought home the scale...

  • CHICAGO, Dec 29- United Parcel Service Inc and FedEx Corp are rolling out new pricing systems to curb online retailers' large package sizes, but industry experts warn many small firms are unprepared and could pay up to 50 percent more for shipping. Memphis- based FedEx will roll out the same change on Jan 5. UPS and FedEx announced the change in May and have worked to...

  • NEW YORK, Dec 26- U.S. At the same time the Treasury sold $104 billion in new intermediate-dated supply. "Anytime bonds came out for sale everyone was backing up their bids and letting prices fall to where the auctions would attract sizable overseas interest," said Jim Vogel, an interest rate strategist at FTN Financial in Memphis, Tennessee.

  • Dec 19- The U.S. Environmental Protection Agency issued rules on Friday labeling coal ash, a byproduct of coal-based power production containing toxic materials such as arsenic and lead, as non-hazardous waste. The label means that states, and not the EPA, will be the primary enforcers of the new rules, which will require the closure of some coal ash holding ponds...

  • Environmental groups say the practice of storing coal ash in holding ponds supported by permeable, earthen dikes leads both to contamination of surrounding groundwater and the risk of catastrophe when those dikes fail, as happened in Tennessee and at a site in North Carolina earlier this year. The EPA has said contaminants such as arsenic, mercury and cadmium...

  • UPDATE 3-FedEx profit misses expectations; stock down Wednesday, 17 Dec 2014 | 10:18 AM ET

    CHICAGO, Dec 17- FedEx Corp on Wednesday posted lower-than-expected quarterly earnings as results at its FedEx Ground and FedEx Freight units missed estimates, and it reiterated an outlook analysts consider conservative, sending its stock down nearly 5 percent. Both FedEx and main rival United Parcel Service Inc are in the final days of their peak holiday...

  • CHICAGO, Dec 17- Increased U.S. domestic and international volumes sparked higher quarterly profit at FedEx Corp, the package delivery company said on Wednesday, but quarterly earnings and its full-year outlook fell short of expectations. Both FedEx and main rival United Parcel Service Inc are in the final days of their holiday peak season, which has boomed...

  • CHICAGO, Dec 17- Package delivery company FedEx Corp reported lower-than-expected quarterly profit on Wednesday as U.S. domestic package and international export volumes rose, and reaffirmed its full-year profit outlook. Both FedEx and main rival United Parcel Service Inc are in the final days of their holiday peak season, which has boomed over the past...

  • CHICAGO, Dec 17- Package delivery company FedEx Corp reported a 23 percent jump in quarterly profits on Wednesday driven by higher U.S. domestic package and international export volumes, but fell short of analyst expectations. The Memphis- based company reported net income of $616 million for the quarter ending Nov. 30, compared with $500 million a year earlier.