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Tennessee Loses Money Spending $17,500 Per Job to Lure 1,000 AllianceBernstein Employees to Nashville from New York City

Tennessee Capital building

A $17.5 million tax incentive from the state of Tennessee to lure 1,000 jobs to Nashville–$17,500 per job—came at the expense of taxpayers to lure well-paid corporate executives when they already were drawn to the state’s other features like a favorable tax structure, experts say. The Tennessee Department of Economic…

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US Steel Says It Will Add 800 Jobs Thanks to Tariffs

steel factory

US Steel is hiring in the wake of President Donald Trump’s steel tariffs, CBS Pittsburgh says, citing a CNN Money report. US Steel said Tuesday it’s restarting the second of two blast furnaces at its plant in Granite City, Illinois, near St. Louis. It will bring on 300 workers to…

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Real Estate Moguls Bill Freeman, Jimmy Webb Buy Nashville Scene and Nashville Post

Jimmy Webb, Bill Freeman

Multifamily real estate firm Freeman Webb Co. has entered the publishing business by buying the Nashville Post, the Nashville Scene and Nfocus. The Nashville Post made the announcement Friday after the deal with previous owner SouthComm, a holding company, closed. The sales price was not disclosed. SouthComm put the publications…

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Sharing o’ The Green: Americans Spent a Record-Breaking $5.9 Billion on St. Patrick’s Day

Maybe they’re tired of the winter, or suffering from political fatigue. Whatever the reason, Americans are dropping an unprecedented $5.9 billion on St. Patrick’s Day this year according to the National Retail Federation. A decade ago, Americans were spending about half that amount. “The holiday falls on a Saturday this…

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Small Businesses Carry Burden of High Taxes in Tennessee

Small business owners in Tennessee are paying the price — literally — for large corporations raking in tax breaks. “What we keep seeing is that small business owners are taking on the burden of higher taxes for governments to give their tax dollars to big businesses,” said Mark Cunningham, a…

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Trump’s Labor Secretary Targets Occupational Licensing for Elimination

Tennessee Star

Labor Secretary Alexander Acosta took on occupational licensing reform Friday, calling for the elimination of unnecessary licenses and the streamlining of those that make sense. Acosta urged while speaking at the 44th Annual Meeting of the American Legislative Exchange Council (ALEC) in Denver, Colorado, state legislators roll back burdensome occupational…

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