The Nashville MSA's unemployment rate jumped half a point in February, but remained just below 5 percent.
Powered by strong same-store sales growth and inventory controls, fourth-quarter profits at Dollar General rose almost 11 percent despite $100 million in debt costs. For the year, the retailer posted a loss of almost $13 million.
After a strong recent run, shares of BioMimetic Therapeutics sold off in a big way yesterday afternoon after the FDA said there may be a higher cancer rate among users of a Johnson & Johnson product that contains the same compound BioMimetic uses in its treatments. In a statement, BioMimetic said it hasn't heard from the FDA on this topic.
A Birmingham-based recruiting firm specializing in executive search and back-office positions has opened an office on West End.
A British celebrity magazine quotes a representative for Jessica Simpson as saying the singer/actress is not the buyer of a 11,000-square-foot Northumberland mansion.
Goldleaf Financial Solutions director David Ingram on Thursday snapped up a fistful of shares in the company. Since almost doubling over a four-week span earlier this year, the stock (Ticker: GFSI) has retreated more than 20 percent.
An Indiana manufacturer is investing $25 million in a Franklin, Ky., project that will create more than 400 jobs over two years.
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