Top News & Analysis Tennessee

  • *U.S., China exchange barbs in escalating trade war. NEW YORK, May 23- U.S. Treasury yields dropped across the board on Thursday as risk appetite faded amid continued concerns about global growth and a worsening trade conflict between the United States and China.

  • May 23- Cotton prices inched higher on Thursday as upbeat export sales data reassured traders of robust demand for U.S. cotton in the midst of a bitter U.S.- China trade spat, while the dollar weakened slightly. *Cotton contracts for July rose 0.73 cent, or 1.1%, to 67.48 cents per lb, as of 2:18 a.m. EDT. * "The export data and inferences regarding export...

  • May 22- The United Auto Workers union said on Wednesday it filed a new petition for a union election at Volkswagen AG's Chattanooga, Tennessee plant, after the U.S. agency in charge of enforcing labor law dismissed a previous one. Earlier today, the National Labor Relations Board asked workers at the Chattanooga plant to refile their petition, a day after three...

  • Treasury yields fell on Wednesday, weighed down by worsening trade tensions between the United States and China after a media report that the Trump administration is considering limits to Chinese video surveillance firm Hikvision's ability to buy American technology. But over the last few days, the U.S.- China trade saga has been at the front and center of...

  • CHICAGO, May 21- April, typically a big revenue month for U.S. states that levy personal income taxes, was especially robust this year, making up for subpar collections in prior months, but analysts cautioned the tax surge underscores how state budgets face greater volatility from federal tax law changes and the stock market. In California, where personal income...

  • Earlier this month, the largest German automaker won its bid to put off a union election for 1,700 workers at the Chattanooga plant until its challenge to a smaller United Auto Workers bargaining unit at the factory is settled. Senators Gary Peters and Debbie Stabenow of Michigan and Sherrod Brown of Ohio wrote to Scott Keogh, president of Volkswagen Group of...

  • The agreement, which ascribes a minimum equity value to Hulu of $27.5 billion, allows either company to trigger a sale or purchase of Comcast's 33% stake to Disney as early as January 2024. "It is important for Disney to have full control of the direction and content on Hulu," said Trip Miller, managing partner of Memphis- based hedge fund Gullane Capital Partners,...

  • DETROIT/ TOKYO, May 14- Nissan Motor Co Ltd said on Tuesday it had hit "rock bottom" with a 45% drop in annual operating profit. The automaker's troubles in the United States, including a failure to deliver on a slew of promises to dealers, are a major reason why. Under ousted chairman Carlos Ghosn, Nissan's U.S. operations gunned for ambitious sales goals by pitting...

  • NEW YORK, May 10- Wall Street's indexes fell along with bond yields on Friday after the United States raised tariffs on Chinese goods, but investors' hopes for a deal capped losses. Treasuries, longer-dated yields were hovering at five-week lows as worries about trade tension between China and the United States created demand for safety while data showed that...

  • Treasury yields dipped on Friday, with longer-dated yields hovering at five-week lows on demand for low-risk bonds spurred by worries about trade tension between China and the United States and data that showed domestic inflation remains tame. The United States escalated a tariff war with China on Friday by raising duties on $200 billion worth of Chinese...

  • It marked the 21st consecutive quarter for farm incomes dropping in the Eighth Federal Reserve District, which includes all or parts of seven Midwest and Mid-South states: Arkansas, Illinois, Indiana, Kentucky, Mississippi, Missouri and Tennessee. Agricultural credit conditions also deteriorated during the first quarter of 2019 in parts of Illinois, Indiana,...

  • CHICAGO, May 9- U.S. farm incomes in the Midwest and Mid-Southern states declined yet again in the first quarter of 2019 amid ongoing strain from low commodity prices, trade uncertainty and severe weather, according to banker surveys released on Thursday by the Federal Reserve Banks of St. Louis and Kansas City. This marks the 21st consecutive quarter for farm...

  • This marks the 21st consecutive quarter for farm incomes dropping in the Eighth Federal Reserve District, which includes all or parts of seven Midwest and Mid-South states: Arkansas, Illinois, Indiana, Kentucky, Mississippi, Missouri and Tennessee.

  • Lisa Su, CEO, AMD

    AMD CEO Lisa Su and Cray CEO Peter Ungaro join "Squawk Alley" to discuss their partnership with the U.S. Department of Energy to build a new supercomputer named Frontier.

  • May 2- ICE cotton futures fell to a seven-week low on Thursday, as investors await the outcome of trade talks between the United States and China, while a firm dollar further weighed on the prices. * "A lot depends on the trade agreement and what specifically is in there for the USA and I think the stronger dollar has helped our competitors sell cotton because of the...

  • * "Improved weather conditions across the U.S. are weighing on prices along with lower corn acreage across the southern U.S., which will likely translate in to higher cotton acreage," said Louis Rose, director of research and analytics at Tennessee- based Rose Commodity Group. *Meanwhile, White House economic adviser Larry Kudlow said he remains cautiously...

  • April 26- ICE cotton futures settled lower on Friday, extending falls for a second week, as rains across West Texas boost favorable planting conditions for the natural fibre. * "Rains across West Texas are good. This is positive for production but less so for prices, "said Louis Rose, director of research and analytics at Tennessee- based Rose Commodity Group.

  • April 24- ICE cotton futures settled at a more than one-week low on Wednesday as rain in top producing state Texas was perceived as favorable to plantation of the natural fiber crop. settled down 0.79 cent, or 1.01 percent, at 77.12 cents per lb. * "Rain in West Texas is weighing on prices," said Jim Nunn, owner of Tennessee cotton brokerage Nunn Cotton.

  • The U.S. Centers for Disease Control and Prevention said it had recorded 626 cases of the highly contagious and sometimes deadly disease in 22 states as of April 19, the highest rate of infection in five years. Iowa and Tennessee were the two states that joined the CDC list with new measles cases. More than half the cases recorded this year occurred in New York City,...

  • April 17- Carl's Jr will become the first fast food chain to sell a CBD-infused hamburger when its "Rocky Mountain High Cheeseburger Delight" goes on sale in Denver on Saturday, the company said. The Tennessee- based chain is selling the burger for just one day at one location in northeast Denver as part of its strategy to test out "bold and unexpected" flavors, the...