State Tennessee Financial News
07.05 / 11:52
Citi
Food
wellness
reports
Department
sanitizer
Investigations
A US company is fined $650,000 for illegally hiring children to clean meat processing plants
A Tennessee-based sanitation company is agreeing to pay more than half a million dollars after a federal investigation found it illegally hired children to clean dangerous meat processing facilities
06.05 / 18:39
markets
Target
Justice
reports
Department
Investigations
Scandals
TD Bank risks 'lost decade' in money-laundering scandal, Jefferies says
A veteran Canadian bank analyst says Toronto-Dominion Bank’s role in an alleged money-laundering scheme has made the “worst-case scenario” more likely — a huge fine and strict limits on the lender’s U.S. growth.
05.05 / 03:03
markets
UPS
economy
TikTok
Food
show
Videos
How TikTok is wiring Gen Z’s money brain
Americans under 30 get much of their news on TikTok. They hear about money there, too, and that’s shaping the way they save, spend and view their financial prospects, young adults and economists say. Caitlyn Sprinkle, 27 years old, describes her TikTok feed as a mix of economic gloom and consumerism gone wild.
04.05 / 20:03
UPS
Boeing
SpaceX
blues
testing
travelers
Boeing is on the verge of launching astronauts aboard new capsule, the latest entry to space travel
THE CAPSULE White with black and blue trim, Boeing's Starliner capsule is about 10 feet (3 meters) tall and 15 feet (4.5 meters) in diameter. It can fit up to seven people, though NASA crews typically will number four. The company settled on the name Starliner nearly a decade ago, a twist on the name of Boeing’s early Stratoliner and the current Dreamliner.
03.05 / 21:27
Provident
Platform
Strategy
Align
Private Advisor Group expands in Tennessee
Private Advisor Group, a large independent wealth firm based in Morristown, New Jersey, has made another addition to its network.
01.05 / 15:05
markets
Digital
Adobe
Photography
Photos
shooting
The last stock photographers await their fate under generative AI
Stock photographers who survived the disruptive advent of digital cameras and online sales are bracing themselves for the next great tech shock: generative AI. Some are predicting the worst. “The stock photography industry is going away," said Connecticut-based photographer Tony Northrup.
28.04 / 12:42
Manufacturing
Southern
wellness
President
Daimler
cover
stars
United Auto Workers reaches deal with Daimler Truck, averting potential strike in North Carolina
The deal covers workers at various plants in North Carolina.
27.04 / 01:31
COST
UPS
Bill
students
Universities
prevention
Schools
Tennessee lawmakers adjourn after finalizing $1.9B tax cut and refund for businesses
Tennessee’s GOP-controlled General Assembly has adjourned for the year, concluding months of tense political infighting that ultimately doomed Republican Gov. Bill Lee’s universal school voucher push
26.04 / 10:21
COST
Volkswagen
Election
Southern
President
show
rights
U.S. labor secretary says UAW win at Tennessee Volkswagen plant shows southern workers back unions
Acting U.S. Labor Secretary Julie Su says workers at southern auto plants should be free to unionize without employer or political interference, even as some southern states pass new laws meant to inhibit organized labor
24.04 / 19:43
Citi
CEO
Software
community
Healthcare
Bill
2020
Oracle's Larry Ellison says planned Nashville campus will be company's 'world headquarters'
Oracle Corp. CEO Larry Ellison says the business software giant’s planned campus in Nashville, Tennessee, will serve as its world headquarters and place it in a city that's a center of the health care industry
24.04 / 19:29
Provident
Target
Digital
security
Strategy
BlackRock
innovations
BlackRock unveils its answer to the looming retirement crisis
BlackRock has officially launched a new product to help American workers take on the all-encompassing problem of retirement security.
24.04 / 05:23
UPS
FIVE
Volkswagen
Election
Southern
Tennessee's GOP governor says Volkswagen plant workers made a mistake in union vote
Tennessee Republican Gov. Bill Lee says he thinks workers at a Volkswagen plant in Chattanooga made a mistake by voting to unionize under the United Auto Workers in a landslide election
23.04 / 12:25
Manufacturing
Election
President
Courts
rights
Relationships
Starbucks leads business opposition to pro-worker labor board
Starbucks heads to the Supreme Court on Tuesday in a bid to limit a government labor board that has been eager to support union drives, a case that comes as other top companies are mounting aggressive defenses against the agency. In the Biden-era, the National Labor Relations Board has pursued the boldest enforcement agenda in recent memory to bolster worker protections. The board, which referees disputes between employers and workers, has expanded pathways for forming a union and made it easier for employees to challenge workplace practices.
23.04 / 10:29
markets
COST
CEO
Action
Parke
Food
love
Tijuana Flats, Tex-Mex restaurant in 4 states, closing 11 locations, filing for bankruptcy
Inflation is falling but buying food can still be expensive. Grocery prices surged 21% in the last three years, surpassing the overall 18% pace of inflation during that same time period, according to the Bureau of Labor Statistics.
23.04 / 09:35
UPS
FIVE
Volkswagen
Election
Southern
reports
Tennessee's GOP governor says Volkswagen plant workers made a mistake in union vote
unionize under the United Auto Workers in a landslide election but acknowledged the choice was ultimately up to them. Ahead of the vote, Lee and five other Southern Republican governors spoke out publicly against the UAW's drive to organize workers at factories largely in the South, arguing that if autoworkers were to vote for union representation, it would jeopardize jobs. Instead, the union wound up pulling 73% of the vote at a facility whose workers had narrowly rejected the union in 2019 and 2014.
23.04 / 09:07
Volkswagen
Election
Southern
President
Universities
Celebrity
testing
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
The United Auto Workers union is celebrating a huge win at a Volkswagen plant in Tennessee, where workers will now be represented by the union
23.04 / 08:06
22.04 / 02:50
Provident
Career
CEO
Strategy
Pride
country
2020
Captrust M&A head Benton reveals departure plans
Rush Benton, the industry veteran who’s led Captrust’s M&A-driven growth strategy for more than decade, plans to move on. The firm’s senior director of strategic growth announced he would be leaving the firm to pursue a personal business venture.
20.04 / 22:34
UPS
Manufacturing
Volkswagen
Election
President
country
Scandals
Tennessee Volkswagen workers to vote on union membership
Employees at a Volkswagen factory in Chattanooga, Tennessee, have voted overwhelmingly in favor of joining the United Auto Workers union, boosting the UAW's nationwide effort to organize nonunion factories
19.04 / 05:59
Manufacturing
Volkswagen
Election
Southern
information
International
Workers at Mercedes factories near Tuscaloosa, Alabama, to vote in May on United Auto Workers union
Workers at Mercedes-Benz factories near Tuscaloosa, Alabama, will vote next month on whether they want to be represented by the United Auto Workers union
17.04 / 22:37
FIVE
Volkswagen
Fallout
Election
Southern
testing
Southern governors tell autoworkers that voting for a union will put their jobs in jeopardy
On the eve of a vote on union representation at Volkswagen’s Tennessee factory, Gov. Bill Lee and five other southern governors are telling workers that voting for a union will put jobs in jeopardy
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