Top News & Analysis Tennessee

  • President-elect Donald Trump said on Monday he would nominate retired neurosurgeon Ben Carson, a presidential rival-turned-supporter to serve as Department of Housing and Urban Development secretary. *Jon Huntsman, former Republican Utah governor and ambassador to China under President Barack Obama, ran for 2012 Republican presidential nomination in...

  • NEW YORK— Donald Trump chose retired neurosurgeon Ben Carson on Monday to be secretary of the Department of Housing and Urban Development, raising fresh concerns about the lack of experience some of Trump's Cabinet picks have with agencies they're now being chosen to lead. Nikki Haley, Trump's choice to be ambassador to the United Nations, has no foreign policy...

  • Donald Trump says that the Green Party is dropping its recount lawsuit in Pennsylvania, but that's not the whole story. Green Party presidential candidate Jill Stein has spearheaded a recount effort in Michigan, Pennsylvania and Wisconsin, states where Trump won narrowly over Democrat Hillary Clinton. Trump tweeted Sunday that "the Green Party just dropped...

  • Rep. Marsha Blackburn on Trump's 'America first' policies

    Rep. Marsha Blackburn (R-TN) shares her take on whether President-elect Donald Trump's business message is resonating.

  • NASHVILLE, Tenn. _ Genesco Inc. on Friday reported fiscal third-quarter earnings of $25.9 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share. Four analysts surveyed by Zacks expected $714.3 million.

  • NEW YORK, Dec 1- Brent crude futures rose to a 16- month high on Thursday on the heels of OPEC's agreement a day earlier to cut oil output, while Treasury yields continued to climb following the weakest monthly performance for global bonds in almost 13 years. Treasury yield jumped to its highest since July 2015 to start the month, after Bank of America Merrill...

  • *Deal for $83/ share, or $4.3 bln, including debt. Dec 1- Parker-Hannifin Corp, whose motion and control systems are used in a variety of industries, said on Thursday it would buy Clarcor Inc for about $4.3 billion, including debt, to double the size of its filtration systems business. Clarcor's high percentage of recurring after-market sales would make...

  • WASHINGTON— American consumers and businesses would pay— literally— if President-elect Donald Trump followed through on his campaign pledge to slap big taxes on imports from China and Mexico. "There are few alternative sources for the main products the U.S. buys from China," says Mark Williams, Capital Economics' chief Asia economist. He notes, for example, that...

  • Dec 1- Discount retailer Dollar General Corp reported a surprise drop in quarterly comparable sales and tempered its full-year profit forecast, hit by lower grocery prices and reduced food stamp coverage in several U.S. states. The company's shares were down 7.3 percent at $71.67 in morning trading on Thursday. "It became apparent that our incremental actions...

  • Seven deaths confirmed as Tennessee wildfires spread

    Officials say the 'human-caused' fires have killed at least seven people and burned hundreds of buildings.

  • The remains of a business smolders after a wildfire November 29, 2016 in Gatlinburg, Tennessee.

    Sevier County Mayor Larry Waters confirmed three new deaths at a news conference Wednesday afternoon, reports NBC News.

  • NEW YORK— Parker Hannifin is buying Clarcor, a maker of mobile, industrial and environmental filtration products, in a deal valued at about $4.03 billion so it can expand its filtration portfolio. Parker Hannifin Corp. will pay $83 for each Clarcor share. Clarcor's annual sales are about $1.4 billion.

  • The company's shares were down 7.6 percent at $71.48 in premarket trading on Thursday. Discount retailers have also been hit by changes in the Supplemental Nutrition Assistance Program, formerly called the food stamp program. States implementing SNAP changes this year include Florida, Georgia, Alabama and Tennessee, which have some of the highest...

  • Dec 1- Parker-Hannifin Corp, which makes motion and control systems for the industrial and aerospace markets, said on Thursday it would buy air filtration systems maker Clarcor Inc for about $4.3 billion, including debt. Clarcor's strong presence in the United States and high percentage of recurring after-market sales would benefit Parker-Hannifin, the...

  • By the end of 2016, as many as 22 states would have changed the criteria for the Supplemental Nutrition Assistance Program, formerly called the food stamp program- a move that is likely to result in about 1 million Americans losing benefits. States implementing SNAP changes this year include Florida, Georgia, Alabama and Tennessee, which have some of the highest...

  • GOODLETTSVILLE, Tenn.— Dollar General put up weak earnings numbers for the third quarter in an environment that has largely favored bargain stores, with so many people still looking to cut costs where they can. Dollar General has a strong presence in many of the states involved in the cutbacks. Profits fell 7 percent and comparable-store sales, a closely watched...

  • NEW YORK/ WASHINGTON, Nov 30- U.S. President-elect Trump's nominee for Treasury Secretary, Steven Mnuchin, on Wednesday waded into the long-running battle over the future control of Fannie Mae and Freddie Mac, the largest players in the U.S. home mortgage market, saying that the lenders should be returned to private control. The Obama administration has argued...

  • A Rosalie firefighter helps remove debris from the Rosalie Plaza after a tornado ripped through the town, Wednesday, Nov. 30, 2016, in Rosalie, Ala.

    Severe storms killed five people in Alabama and Tennessee overnight, NBC News reports.

  • GATLINBURG, Tenn.— Tennessee mayor confirms another fatality in wildfires, raising death toll to 4; about 4 dozen people hurt in fires.

  • WASHINGTON— The Latest on President-elect Donald Trump:. Vice President-elect Mike Pence says he is eager to work with Congress to move forward on President-elect Donald Trump's agenda to "get this economy moving again, rebuild our military and keep the promises" that Trump made to the American people. Air conditioning company Carrier Corp. says an agreement...