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  • NEW YORK, May 20- U.S. After that news and relatively hawkish comments from key Fed policymakers, the probability for a June rate hike has leapt from around 4 percent at the start of the week to 30 percent on Friday, according to CME Group's FedWatch site. "It wasn't really a surprise what wanted; it was just the veracity and pervasiveness of their desire to increase...

  • NEW YORK, May 20- U.S. After that news and relatively hawkish comments from key Fed policymakers, the probability for a June rate hike has leapt from around 4 percent at the start of the week to 30 percent on Friday, according to CME Group's FedWatch site. "It wasn't really a surprise what wanted; it was just the veracity and pervasiveness of their desire to increase...

  • SAN FRANCISCO, May 17- U.S. states owed $968 billion in unfunded pension benefits for retirees in 2013, the highest level in a decade, according to a report released Tuesday by Pew Charitable Trusts. The states also reported $587 billion in unfunded retiree health care liabilities and $518 billion in outstanding debt in 2013, according to Pew.

  • Among the states affected are Florida and Oklahoma, which have been among the leaders in executions since the U.S. Supreme Court reinstated the death penalty in 1976.. Drug scarcity is also an obstacle for Alabama, Arizona, Arkansas, Delaware, Indiana, Kentucky, Louisiana, Mississippi, South Carolina, Tennessee and Wyoming. Ohio, which has executed 53 inmates since...

  • The move from the Equal Employment Opportunity Commission aims to clear up confusion over the way two federal laws protecting employees' medical privacy apply to the popular programs, which are designed to control medical spending by reducing obesity, smoking and other risk factors. The new rules are more restrictive than those passed under the ACA, which...

  • Investing for the long haul When William Bauer, managing director of Royce, a New Jersey leather goods company, graduated from McGill University in 2014 and HEC Paris in 2015, his mother gave him 100 shares of Johnson& Johnson stock and 100 shares of Qualcomm. Rheude studied marketing at the University of Tennessee in Knoxville, driving a 2001 Audi A4 his parents...

  • OMAHA, Neb., April 29- Clayton Homes, the mobile home unit of Warren Buffett's Berkshire Hathaway Inc, said it is seeing an upturn in activity even as it defends against accusations its lending practices harm borrowers and can be racist. Berkshire paid $1.7 billion in 2003 for Clayton, and the Marysville, Tennessee- based company has since tripled its market share,...

  • Titan Pharmaceuticals Inc and privately owned Braeburn Pharmaceuticals have together developed a matchstick-sized implant that analysts expect will be approved next month, despite mixed reviews. The market for the implant could also be much bigger than first envisaged should a bill gaining bipartisan support on Capitol Hill become law.

  • National Labor Relations Board on Tuesday filed an unfair labor practices complaint against Volkswagen AG for not bargaining with a portion of plant workers at its Tennessee plant represented by the United Auto Workers union. The plant in Chattanooga has about 1,500 hourly workers. Volkswagen was at one time welcoming to the UAW at Chattanooga.

  • NEW YORK, April 26- The dollar fell on Tuesday after weaker-than-expected U.S. economic data boosted expectations the Federal Reserve would hold interest rates lower for longer, while U.S. Tuesday's economic data "plays into the idea that the Fed need not be in any rush to raise rates," said Richard Franulovich, senior currency strategist at Westpac Banking...

  • NEW YOEK, April 26- The dollar sank on Tuesday after weaker-than-expected U.S. economic data boosted expectations the Federal Reserve would hold interest rates lower for longer, while U.S. Tuesday's economic data "plays into the idea that the Fed need not be in any rush to raise rates," said Richard Franulovich, senior currency strategist at Westpac Banking...

  • Hacking hacker cyber security

    Law enforcement agencies nationwide are being hit with ransomware viruses, NBCNews reports.

  • NEW YORK, April 26- U.S. Treasury yields nudged higher on Tuesday, with the 10- year yield hitting its highest level in nearly five weeks as a weaker-than-forecast monthly rise in domestic durable goods orders offset pressure from government supply in Europe and the United States. "It is pretty much a given that the FOMC won't raise rates at this meeting, and may not...

  • DETROIT, April 25- Volkswagen AG said on Monday it would go to a U.S. federal appeals court in an effort to keep the United Auto Workers union from representing a portion of the company's plant workers in Chattanooga, Tennessee. Earlier this month, the National Labor Relations Board upheld a December vote of about 160 skilled trades workers at the plant who voted to...

  • April 22- General Motors said on Friday it will close four North American plants that primarily make cars and not SUVs or trucks, for two weeks due to a parts shortage linked to the recent earthquake in Japan. Operations at Lordstown, Ohio; Fairfax, Kansas; Spring Hill, Tennessee; and the Flex Oshawa plant in Ontario will be shut for two weeks beginning on April 25, GM...

  • April 22- General Motors said on Friday it would temporarily close four North American plants, as it assess the potential impact on its supply chain from the recent earthquakes in Japan. Operations at Spring Hill, Tennessee; the Flex Assembly in Oshawa, Ontario; Lordstown, Ohio; and Fairfax, Kansas, will be shut for two weeks beginning on April 25.

  • NEW YORK, April 21- Oil prices slipped on Thursday as producers hinted at more output, while U.S. stocks had their first loss in four sessions after a mixed bag of earnings reports. "Markets are convinced that the ECB will do more if it becomes necessary," said Sireen Harajli, currency strategist at Mizuho Corporate Bank in New York. Crude oil prices fell as Russia and...

  • NEW YORK, April 21- U.S. "The optics of higher oil led to some small lot selling yesterday that then got compounded," said Jim Vogel, an interest rate strategist at FTN Financial in Memphis, Tennessee. Weakness in high-grade European government bonds, which have supported U.S. debt, added to pressure after it was reported that Greece had a primary surplus last year.

  • April 19- Target Corp said on Tuesday that transgender employees and customers can use the bathroom that corresponds with their gender identity, taking a stand on an issue at the center of a heated national debate. North Carolina last month became the first state to require transgender people to use restrooms and locker rooms in schools and other public...

  • The U.S. Department of Transportation said on Friday it intended to grant flying rights to Norwegian Air's Irish subsidiary, potentially paving the way for cheaper fares on transatlantic flights. Norwegian Air, Europe's third-largest budget airline by passenger numbers after Ryanair and EasyJet, can afford to offer cheaper airfares than traditional...