×

Top News & Analysis Tennessee

  • WASHINGTON, Oct 12- Facebook Inc Chief Operating Officer Sheryl Sandberg said on Thursday the company was committed to helping U.S. congressional investigators publicly release Russia- backed political ads that ran during the 2016 U.S. election. The interview was the first by a senior Facebook executive since the company disclosed last month that it had...

  • In its monthly crop production report, USDA also raised its domestic corn production outlook as record yields in areas outside the major producing states boosted the size of the overall harvest. USDA pegged the corn harvest at 14.280 billion bushels, based on an average yield of 171.8 bushels per acre. USDA said it expected record yields in Alabama, Georgia,...

  • WASHINGTON, Oct 12- Facebook Inc Chief Operating Officer Sheryl Sandberg said on Thursday the company was fully committed to helping U.S. congressional investigators publicly release Russia- backed political ads that ran during the 2016 U.S. election. U.S. intelligence agencies have concluded that Russia used cyber-enabled means in an attempt to help Trump...

  • WASHINGTON, Oct 12- The U.S. Agriculture Department on Thursday bumped up its domestic corn production outlook as record yields in areas outside the major producing states boosted the size of the overall harvest. In its monthly crop production report, USDA pegged the corn harvest at 14.280 billion bushels, based on an average yield of 171.8 bushels per acre.

  • DETROIT/ WASHINGTON, Oct 12- General Motors Co said on Thursday it plans to scale back production at an assembly plant in Detroit starting later this month as it tries to deal with declining U.S. sedan sales. GM said in a statement that effective Oct. 20 its Detroit- Hamtramck plant "will operate under a reduced production schedule." The Hamtramck plant makes four...

  • In its monthly crop production report, USDA pegged the corn harvest at 14.280 billion bushels, based on an average yield of 171.8 bushels per acre. USDA said it expected record yields in Alabama, Georgia, Idaho, Kentucky, Louisiana, Michigan, Mississippi, Pennsylvania, South Carolina and Tennessee, all of which are outside the main crop belt. USDA also raised its...

  • DETROIT/ WASHINGTON, Oct 12- General Motors Co plans to scale back production at an assembly plant in Detroit and lay off about 1,500 workers as the company contends with a continued decline in sedan sales, according to a source familiar with the plan. The No. 1 U.S. carmaker plans to shut the Detroit- Hamtramck factory for about six weeks from mid-November and cut...

  • WASHINGTON, Oct 12- Facebook Inc Chief Operating Officer Sheryl Sandberg said on Thursday the company was fully committed to helping U.S. congressional investigators publicly release Russia- backed political ads that ran during the 2016 U.S. election. The live interview was the first by a senior Facebook executive since the company disclosed last month it...

  • DETROIT, Oct 12- General Motors Co plans to scale back production at an assembly plant in Detroit and lay off about 1,500 workers, the Wall Street Journal reported on Thursday, citing sources familiar with the plan. The No. 1 U.S. carmaker plans to shut the Detroit- Hamtramck factory for about six weeks from mid-November and cut production by roughly 20 percent once...

  • LOS ANGELES, Oct 12- President Donald Trump's administration has vowed to revive the coal industry, challenged climate-change science and blasted renewable energy as expensive and dependent on government subsidies. And yet the solar power industry is booming across Trump country, fueled by falling development costs and those same subsidies, which many...

  • The White House said in a statement that the government cannot legally continue to pay the so-called cost-sharing subsidies because they lack a formal authorization by Congress. Halting the payments would trigger a spike in premiums for next year, unless Trump reverses course or Congress authorizes the money. The top two Democrats in Congress sharply...

  • *Spain relief lifts euro, dollar limp around two-week lows. NEW YORK, Oct 11- U.S. "Third-quarter results of large banks are expected to be tepid," said Stephen Biggar, an analyst at Argus Research.

  • SAO PAULO, Oct 11- Latin American currencies strengthened on Wednesday as doubts that President Donald Trump would push through his planned tax reforms fueled bets that U.S. interest rates will rise more slowly than expected. Trump's public feud with Tennessee Senator Bob Corker, an influential fellow Republican, raised concern among investors that his push...

  • NASHVILLE, Tenn.— Twitter is reversing a decision to keep Tennessee Senate candidate Marsha Blackburn from promoting a campaign video on that platform because of the congresswoman's statements about the sale of fetal tissue for medical research. Blackburn was the chair of a Republican-run House panel created to investigate Planned Parenthood and the...

  • WASHINGTON— Several congressional Democrats who split with President Barack Obama to oppose the nuclear agreement with Iran are now urging President Donald Trump to uphold the international accord, arguing that robust enforcement is the best way to counter Tehran's malign behavior in the Middle East. The reversal underscores deep concerns among...

  • A family plays outside their home in Alexandria, Va.

    Homeowners have a deduction from their taxes for the interest on their mortgages, but Trump's tax proposal will steer some away from this tax break.

  • *Micron dips after launching $1 bln stock offering. Oct 11- Wall Street's main indexes were little changed at open on Wednesday, as a jump in shares of consumer staples were offset by a drop in financials on the eve of their financial reports. Wall Street banks JPMorgan Chase and Citigroup both report on Thursday.

  • *FOMC releases minutes from Sept policy meeting at 2:00 p.m. ET. Oct 11- Wall Street's main indexes were set to inch down at opening on Wednesday, strong results for the world's biggest asset manager, BlackRock and an upbeat mood in Europe failing to offset caution about third quarter corporate results. "Third quarter results of large banks are expected to be...

  • LONDON, Oct 11- The dollar dipped to a 12- day low against a basket of major currencies on Wednesday as uncertainty that U.S. The euro hit a two-week high of $1.1845, climbing alongside Spanish stocks and bonds, on relief that Catalonia had stopped short of formally declaring independence from the rest of Spain. The single currency was also supported by...

  • *Spain stocks, bonds rally as Catalonia fudges independence call. *Spain relief lifts euro, dollar limp around two-week lows. LONDON, Oct 11- World stocks set a record high on Wednesday, as relief that Catalonia had put off any plans to break away from Spain followed a two-decade peak for Asia's biggest share market and more upbeat predictions for the global economy.