Top News & Analysis Tennessee

  • NEW YORK, Aug 19- U.S. The United States has previously considered issuing ultra-long bonds, though the idea was shot down in 2017 by the Treasury Borrowing Advisory Committee, a group of banks and investors that advise the Treasury on its debt strategy. We had the news on Friday afternoon that Treasury is reengaging people on the possibility of an ultra-long...

  • BEIJING, Aug 18- Police in Southeast China's Fujian province have launched an investigation after a FedEx parcel sent from the United States was found to contain a handgun, the latest Chinese-related problem to affect the U.S. package delivery firm. Amid tense Sino-U.S. relations, Memphis- based FedEx is already facing scrutiny in China on suspicion it...

  • President Donald Trump said that the United States and China might not make a trade deal for now, ahead of the monthly supply/demand report. *Trump on Friday said that he was not ready to make a trade deal with China and had decided that U.S. would not do business with Chinese telecoms giant Huawei Technologies for the time being, prompting U.S. stocks to fall sharply.

  • Aug 9- Canadian energy company Enbridge Inc said it is working on a plan to put in service a couple of pipelines adjacent to the Texas Eastern natural gas pipeline in Kentucky that exploded on Aug. 1, killing one person. Enbridge said Texas Eastern has three lines between its Danville and Tompkinsville compressors in Kentucky that make up its 30- inch system.

  • Aug 9- Long before U.S. immigration authorities arrested 680 people at agricultural processing facilities in Mississippi this week, one of the five targeted companies faced allegations of serious labor violations including intimidation, harassment and exploitation of its largely immigrant work force, according to a federal lawsuit.

  • CHICAGO, Aug 8- U.S. farm incomes in the Midwest and Mid-Southern states declined yet again in the second quarter of 2019, as record floods devastated a wide swath of the Farm Belt, according to banker surveys released on Thursday by the Federal Reserve Banks of St. Louis and Kansas City. Louis Fed said the second quarter marked the 22nd consecutive quarter for farm...

  • CHICAGO, Aug 8- U.S. farm incomes in the Midwest declined yet again in the second quarter of 2019, as record floods devastated a wide swath of the Farm Belt, according to a banker survey released on Thursday by the Federal Reserve Bank of St. Louis. The floods added more pain on farmers who have also been hurt by low crop prices and the trade war between Washington and...

  • Aug 7- FedEx Corp confirmed on Wednesday it would terminate its contract with Amazon.com Inc for small-package ground deliveries, as the online retailer focuses on building out its own delivery network. Shares of FedEx were down 2% at $157.91 and Amazon shares were down 1% at $1,769.25 at midday on Wednesday. "What was a frenemy, they've now figured out is their...

  • July 31- ICE cotton futures rebounded on Wednesday on technical support after falling to a one-week low in the previous session, while negotiations between the United States and China to buy agricultural goods lent further support to prices. Prices are bouncing back from that level, "said Jim Nunn, owner of Tennessee cotton brokerage Nunn Cotton.

  • July 19- ICE cotton futures rose more than 2% on Friday as some investors bought the natural fiber after prices hit three-year lows in the previous session, on hopes that a resolution in U.S.- China trade talks would help the market battle demand woes. cent, or 2.20%, at 63.07 cents per lb. *Second month contract touched 61.66 cents, the lowest since May 2016 on...

  • LOS ANGELES, July 19- Americas biggest solar power developers are stockpiling panels to lock in a 30% federal tax credit set to start phasing out next year, a strategy that could backfire if projects do not materialize or panel prices slide substantially. North Carolina- based Duke, for example, plans to claim the maximum credit on as much as 2 gigawatts worth of...

  • Federal prosecutors in Cincinnati charged Miami-Luken Inc and four people with conspiring to distribute controlled substances in the second U.S. criminal case against a drug distributor over its role in a crisis that has killed hundreds of thousands of people. The indictment charged the Springboro, Ohio- based company; Anthony Rattini, its former president;...

  • July 16- ICE cotton futures fell over 1% on Tuesday, on good crop conditions and planting progress in major growing regions in the United States, while a robust dollar kept the natural fiber close to three-year lows touched last week. * "The conditions are very good for growing cotton all across the country," said Rogers Varner, president of Varner Brokerage in...

  • *Boeing drops on report MAX groundings could extend to 2020. July 15- Wall Street's three main indexes flitted between slight gains and losses on Monday, as declines in Boeing and bank stocks after Citigroup's quarterly report were countered by a rise in technology shares. The sequential squeeze on Citi's net interest margins by 5 basis points is a cause for...

  • DETROIT, July 15- The United Auto Workers and Ford Motor Co will officially launch talks on a four-year contract on Monday that are expected to be contentious, with rising healthcare costs, job security and the use of temporary workers expected to be major sticking points. General Motors Co and Fiat Chrysler Automobiles NV will kick off their own talks with the...

  • NEW ORLEANS, July 14- Storm Barry trudged through northwestern Louisiana on Sunday, weakening to a tropical depression but dropping up to 15 inches of rain in some places to create life-threatening flood conditions along the Mississippi River. The National Hurricane Center said 3 to 5 inches of more rain was expected across south-central Louisiana, with...

  • NEW ORLEANS, July 14- Tropical Storm Barry trudged through northwestern Louisiana on Sunday, dropping up to 15 inches of rain in some places to create life-threatening flood conditions along the Mississippi River. Fears that Barry might devastate the low-lying city of New Orleans like Hurricane Katrina did in 2005 were unfounded, but rain in the forecast...

  • *Tennessee, Kentucky among candidates for site of $1.7 bln plant-source. SEOUL/ DETROIT July 11- South Korean electric vehicle battery maker LG Chem is considering building a second U.S. factory, three people familiar with the matter said, accelerating a race to add capacity to meet growing global demand for green vehicles. Kentucky and Tennessee are among the...

  • Aerial view of traffic on highway interchange roads

    America's infrastructure needs a major overhaul, yet Washington is stalling. Despite the administration's inaction, these five states have managed to make impactful investments to ensure economic stability and improve its residents' well-being.

  • In CNBC's America's Top States for Business study, we used hard data—including health, crime, environmental quality and inclusiveness—to evaluate quality of life in all 50 states. By the numbers, these 10 states are America's worst places to live.