Tennessee Gov. Bill Haslam argues that his state is best for business due to sound fiscal strength and investments.» Read More
NASHVILLE, Tenn.— United Auto Workers leaders said Thursday they have reached a "consensus" with Volkswagen and expect the German automaker to recognize the union if they sign up enough workers at a new local for the company's assembly plant in Tennessee.
NEWARK, N.J.— The investigations into New Jersey Gov. The Republican Governors Association will report Thursday that it raised a record-breaking $26.6 million in the second quarter of 2014 under Christie's leadership.
*Southwest growth helps Nashville bounce back. As Nashville discovered, it can take years of adjustments to come to terms with an airline's decision to pull back.
NEW YORK, June 30- What would you do if you suddenly got $100,000, no strings attached? With $30 trillion set to change hands from one generation to the next over the next 30 years, many others will find themselves in a similar position, according to Accenture.
FRANKFURT, June 27- Daimler AG and Nissan Motor Co are jointly investing $1.36 billion to develop premium small cars and build a factory in Mexico, the companies said on Friday, in a step that deepens cooperation between the Mercedes-Benz and Infiniti brands.
New York Governor Andrew Cuomo, a Democrat, has backed the proposed increase to $8.50 from the current $7.25 an hour, but the bill has met heavy resistance in the state senate, where Republicans have a power sharing agreement with a breakaway group of Democrats.
June 19- Aluminum giants Alcoa Inc and Novelis Inc spent decades wooing Detroit's automakers to toss out their heavy steel vehicle bodies and overhaul their factories in order to mass produce vehicles made out of lighter aluminum.
WASHINGTON, June 18- Two U.S. senators on Wednesday proposed raising federal gasoline and diesel fuel. Senators Bob Corker, a Republican, and Chris Murphy, a Democrat, called for the tax increase, with the new revenue going to replenishing the federal Highway Trust Fund.
*Expects 2015 earnings $8.50- $9.00/ share vs est $8.75. June 18- FedEx Corp reported a better-than-expected quarterly profit as strong shipments of items ordered online boosted the ground business of world's No. 2 parcel delivery company.
*Year-ago price gain largest since October 2012. WASHINGTON, June 17- U.S. consumer prices recorded their largest increase in more than a year in May as costs for a range of goods and services rose, pointing to a steady firming of inflation pressures.
June 6- Hedge fund billionaire Carl Icahn became the largest shareholder in Family Dollar Stores Inc after reporting a 9.39 percent stake in the company on Friday, and said he may seek representation on its board. Shares of Family Dollar, struggling under declining sales, rose as much as 12 percent in extended trade on Friday.
June 6- Activist investor Carl Icahn has reported a 9.39 percent stake in Family Dollar Stores Inc and said he could push for major changes or a sale of the company. Shares of Family Dollar, struggling under declining sales and profit, rose as much as 10 percent in extended trading on Friday.
But the EPA rule does not focus on absolute emissions reductions but rather seeks a reduction of carbon intensity from 2012 levels. The EPA said every state except Vermont, which has almost no carbon emissions, still needs to reduce carbon intensity under the rule, including the dozen or so states whose emissions are already 30 percent or more below 2005 levels.
DETROIT, June 5- The United Auto Workers union said on Thursday it will announce as soon as next week a plan to organize workers at the Daimler AG Mercedes-Benz plant in Alabama. Casteel did not offer details of the UAW's plan in Alabama.
DETROIT, June 4- The United Auto Workers union elected Dennis Williams to a four-year term as its president on Wednesday, putting him in charge of a union facing tricky contract talks with Detroit's "Big Three" automakers next year.
NEW YORK, June 3- Standard& Poor's suffered a defeat Tuesday in litigation accusing it of inflating credit ratings prior to the 2008 financial crisis, as a federal judge ruled that lawsuits by 16 U.S. states and Washington, D.C. belong in state courts, not federal court.
June 3- Acadia Healthcare Co Inc, an operator of psychiatric and substance-abuse clinics in the United States, said it would buy Partnerships in Care for about $660 million to enter the UK market.
June 3- Acadia Healthcare Co Inc, which operates psychiatric and substance-abuse clinics, said it would buy Partnerships in Care for about $660 million in cash, to enter the UK market. Partnerships in Care, the second largest provider of inpatient behavioral healthcare services in the UK, had revenue of about $285 million in 2013, Acadia said in a statement.
DETROIT, June 2- Retiring United Auto Workers President Bob King said in his farewell address on Monday said that if the union is to regain the power it once had it will have to make itself a global player, including organizing foreign automakers in the United States.
*Level-pegging between Chattanooga and Mexico. BERLIN, June 2- A tug-of-war between Mexico and Tennessee over incentives is delaying Volkswagen's decision on where to build a make-or-break vehicle in North America, sources said, delaying the German group's efforts to fix its ailing U.S. business.