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Jack Black discovers country music DNA on father-in-law's album

NEW YORK - Jack Black may have been schooled in rock, but now he'd like to sing at the Grand Ole Opry with wife Tanya Haden's family, who recently turned him on to bluegrass music.

Chattem Reports First Quarter Total Revenue Jumped 19.8 %

Chattem Inc. reported its adjusted net income for the first quarter of fiscal 2008 year was $20 million, and earnings per share were $1.01 surpassing forecasts of 95 cents per share.

Freddie Mac loss swells as mortgage crisis deepens

Freddie Mac, the second-biggest provider of U.S. residential mortgage funding, said on Thursday its loss widened to a record $2.5 billion in the fourth quarter as the housing crisis worsened.

Bush Visits Tornado Victims, 230 People Still Missing

U.S. President George W. Bush on Friday visited Tennessee, one of the areas that were affected by the tornadoes that swept through five states earlier this week.

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Mortgage players speed-date to lift subprime gloom

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. reviews financial aid to Pakistan

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.

Beauty queens take off their tiaras on MTV

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

Signs of progress as GM, UAW talks resume

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 slides on loss, loan issues

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 to cut 1,500 jobs by mid-2008

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 to cut 900 jobs and buy back shares

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 bulked up on risky loans in 2006

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.

Florida property market turns cold

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 enterprise, looms bigger 30 years on

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

FedEx 4Q Profit Rises, Misses Estimates

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 Shares Drop After Weaker Winter Sales

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.

FedEx Earnings Fall Short of Expectations

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 Acquires Bandag for $1.05 Billion

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

Mortgage lenders' share decline broadens

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

Company Approaches Universal Bird Flu Vaccine

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 warns first-quarter below Street

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.