WBIR.com | Knoxville, TN | News

FedEx 3Q profit more than doubles

The company, considered an economic bellwether because of the variety of products it ships, said Thursday it earned $239 million compared with $97 million a year earlier.

Senate OKs jobs bill for Obama signature

It would provide a temporary payroll tax holiday to companies that hire and would pump $20 billion into the federal highway construction fund to make up for low gasoline tax revenues.

Rock slide throws Dragon businesses a curve

Both lanes of US 129 near the popular stretch of road known as the "Tail of the Dragon" remain closed after Sunday's rock slide. Until it reopens, local businesses that cater to motorcycle riders are stuck at a road block.

FCC wants more access to affordable high-speed Internet

Federal regulators have unveiled an ambitious plan to bring high-speed Internet service to millions of Americans who can't get it today, while boosting delivery speeds and lowering prices for 200 million current subscribers.

Honda recalls 410,000 vans, trucks for brake problem

The recall includes 344,000 Odysseys and 68,000 Elements from the 2007 and 2008 model years.

SEC basketball fans spend $12M in Nashville

During the four-day SEC Men's Basketball Tournament downtown, one restaurant sold more ribs than it ever had before, and another bar went through 360 cases of beer.

One month to the IRS tax filing deadline, learn what you need to do

Not much has changed for the tax code in 2009, but your own financial picture may have changed. So you may be eligible for credits and deductions that you weren't eligible for in the past.

Railroad's suit claims TN fuel tax exemption gives trucks an unfair edge

A railroad company has challenged a state tax that it claims gives trucking companies an unfair advantage in the freight hauling business in Tennessee.

Demand for chicken wings spreads; prices soar

With restaurants of all kinds cashing in on chicken wings, the price has increased an arm and a leg for many distributors.

California prosecutor sues Toyota over defects

The Orange County district attorney's office accuses the automaker of knowingly selling hundreds of thousands of vehicles with acceleration defects.

Budget crisis to shutter nearly half of Kansas City's public schools

It's part of a transformation plan to help the district in the superintendent's words, "rise from the ashes."

Angry crowd berates Nashville school salary cuts

Police officers guarded the Metro Nashville Public Schools boardroom Thursday as hundreds of angry bus drivers and custodians showed up with their families to protest salary cuts in the district's 2010-11 budget.

2009 proves profitable: U.S. millionaires up 16%

A report issued this week from a Chicago based marketing firm found the number of American millionaires rose 16% in 2009, despite the recession.

Kansas City, Mo., faces mass school closures

Administrators say the closures are necessary to keep the district from plowing through what little is left of the $2 billion it received as part of a groundbreaking desegregation case.

IdleAire no longer idle?

The West Knoxville-based company's Web site is announcing the "great news" that a new group is interested in restarting the company that went bankrupt and shut its doors in January.

Money News