TENNESSEE

Freddie Mac expects to see credit losses of $10 billion to $12 billion on the book of mortgages it currently owns, the mortgage finance company's chief executive said on Tuesday. Freddie Mac has already recorded many of those losses from recently failing loans and had previously disclosed its expectation of multi-billion dollar write-offs, an analyst said.

Hackers have broken into a top U.S. military laboratory possibly leaking personal information about visitors, the lab said Friday.

It's not just for lonely hearts anymore. Speed-dating a way for busy singles to meet was on the event list at a distinctly unromantic venue, the Information Management Network's ABS East conference, in a bid to bring together investors and issuers still reeling from this year's U.S. subprime mortgage meltdown.

U.S. Secretary of State Condoleezza Rice said on Sunday the United States would review billions of dollars in financial aid to ally Pakistan after President Pervez Musharraf declared emergency rule.

Several of the beauty queens will take part in a new MTV reality show which shows what happens when their crowns come off.

Contract talks between General Motors Corp and the United Auto Workers union resumed on Sunday, a day before tens of thousands of GM factory workers were due to return to work at the No. 1 U.S. automaker in the absence of a new contract.

First Acceptance Corp shares fell more than 30 percent on Friday after the automobile insurance provider posted a quarterly loss and had its access to capital reduced as it failed to comply with terms of a credit agreement.

First Horizon National Corp, the largest bank in Tennessee, said on Wednesday it plans to eliminate at least 1,500 jobs by the middle of next year as it slashes its mortgage sales force and closes branches.

EarthLink Inc said on Tuesday it will cut about 900 jobs, or nearly half its staff, as part of a restructuring to reduce costs at the Internet service provider.

Fannie Mae, the nation's largest source of home loan funding, increased its holdings of risky subprime loans in 2006 while its profits fell that year, the company said on Thursday in a long-delayed report.

Phone books that were delivered but never opened rot away next to empty driveways and overgrown lawns, telltale signs that once-booming southwest Florida is now the center of the U.S. housing storm.

Elvis, the man, has passed away. The legend - and the marketing - live on.

Package delivery company FedEx Corp. on Wednesday reported a profit that missed analysts' forecast and said earnings growth would fall short of expectations due to continued softness in the U.S. economy.

CBRL Group, Inc. shares were down significantly on Tuesday after it reported poor March sales due to bad winter weather at its Cracker Barrel Old Country Store restaurants and gift shops.

Fed Ex Corp. (NYSE: FDX) reported Wednesday that its net profit rose in its second fiscal quarter for 2006 but fell short of Wall Street expectations.

BridgeStone Americas Holding Inc. announced on Tuesday that it would acquire Bandag Inc. (BDGA, NYSE) for approximately $1.05 billion.

The U.S. housing slowdown may threaten the biggest providers of loans, not just those catering to subprime borrowers.

A bird flu vaccine being developed by San Diego-based Vical Incorporated protects mice and ferrets against the feared H5N1 avian influenza virus, the company said on Tuesday.

HCA Inc., the biggest U.S. hospital company, on Monday said it will report lower-than-expected quarterly results, amid a weak flu season, slowing patient admissions in major markets and more uninsured customers.