Tennessee

Tennessee Concludes Wells Fargo Investigation Following Bank's Withdrawal from Net-Zero Commitments

2 months ago

In a significant turn of events, the state of Tennessee has officially concluded its investigation into Wells Fargo & Co., following the bank's decision to discontinue its net-zero emissions goals. The Attorney General's office announced the closure of the probe, attributing the decision to Wells Fargo's recent policy shift, which has shifted the focus of the investigation and reduced allegations against the bank.

Newell Brands Plans Relocation of Production from Mexico to Tennessee

4 months ago

In a significant corporate move, Newell Brands Inc. announced its strategy to transition a portion of its manufacturing operations from Mexico to Tennessee. This reshuffling is part of a broader initiative aimed at enhancing operational efficiency and reducing costs amidst fluctuating market conditions.

Nissan to Scale Back Job Production at Mississippi and Tennessee Facilities

4 months ago

Nissan Motor Co. has announced a significant restructuring plan that will result in job cuts and a reduction in vehicle production at its facilities in Mississippi and Tennessee. This decision comes amid a broader strategy to streamline operations and adapt to fluctuating market demands, especially in the wake of changing consumer preferences and economic challenges.

BlackRock Settles Dispute with Tennessee over ESG Investment Strategy

5 months ago

In a significant development in the realm of environmental, social, and governance (ESG) investing, BlackRock, the world's largest asset manager, has reached a settlement with the state of Tennessee. This comes in light of growing scrutiny and legal challenges surrounding the firm’s commitment to ESG principles in its investment strategies.