RE/MAX LLC OKs 3 Independent Regions Purchase

RE/MAX, LLC has signed an agreement to purchase franchise of Georgia, Kentucky/Tennessee and Southern Ohio Regions. The acquisition is expeced to close before the end of the year.

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ArcelorMittal to sell 3 of its US steel operations

Billionaire Lakshmi Mittal-controlled ArcelorMittal is selling three of its US steel operations to Black Diamond Capital Management. As part of the sale deal, ArcelorMittal will offload three units at LaPlace in Louisiana, Harriman in Tennessee and El Paso in Texas. Both companies denied to provide terms of the deal.

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Hoverboard fire accident in Tennessee: $1 Million worth home went to ashes

Hoverboard blamed for destroying a $1 million worth home that fumed to ashes in Tennessee. The incident took place in the evening on 9th January, 2016. The fire destroyed the 4000 plus square foot home.

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Spending- why 'red' states shoulder the deepest cuts under Obama

As Washington has tightened its belt in recent years, the budget cuts have sliced most deeply in states where President Obama is unpopular, according to an analysis of federal spending by Reuters.

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American Born Moonshine pockets $6.1M in new equity

Nashville, US-based Windy Hill Spirits Inc, the maker of American Born Moonshine, pocketed $6.1 million in new equity from undisclosed investors to continue producing high quality moonshine for its customers.

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Tennessee startup Ambition wants to motivate sales teams by using fantasy football

Chattanooga, US-based startup Ambition launched a product that will help motivate sales teams by using an approach similar to fantasy football where a goal is set and teams compete with each other for a reward within a specified amount of time.

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New Jersey private equity firm DFW Capital raises $162.5M for fourth fund

New Jersey, US-based private equity firm DFW Capital Partners has closed $162.5 million for its fourth fund called DFW Capital Partners IV, shooting past its $150 million target.

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Mississippi ranks first in US construction employment growth, Tennessee drops to 44th

According to a new report by the Associated General Contractors of America, Mississippi has led the US in construction job growth third quarter of this year. Former leader Tennessee has dropped to rank number 44.

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Amazon announces 7,000 new jobs before President Obama's visit

Amazon announced that it would add 7,000 new jobs in its warehouses before the US president Barack Obama's visit.

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