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Business news

eflon via Flickr

American International Group Inc., one of the largest insurance companies in the nation, is closing about a dozen sales offices in Tennessee.

sh4rp_i / via Flickr

A group of Thompsons Station residents have filed a federal class-action lawsuit over slow and unreliable Internet service. They’re accusing their provider of running a monopoly.

Nissan USA

In 2015, Nissan sold more vehicles in the U.S. than it ever has — nearly 1.5 million — many of them made at its flagship plant in Smyrna. Franklin-based Nissan North America posted year-end results that were up seven percent from 2014. SUV sales drove much of the increase.

TN Photo Services

The state of Tennessee will soon be setting up shop in South Korea.

Pending final contracts, the state Department of Economic and Community Development is planning to open a new office in Seoul early next year. The goal is to recruit more Asian companies to do business in Tennessee.

And it's not the only part of the world the state is eyeing: Commissioner Randy Boyd also wants an office in southern Germany to access its automotive industry, and in northern Italy for its ceramic tile business.

Jason Baker / via Flickr

Tennessee banks are continuing to choose state-based regulators rather than federal authorities having primary oversight. It’s called a charter conversion. A dozen banks in the last five years dropped their national credentials to become state-chartered in Tennessee.

Chas Sisk / WPLN

Brassy jazz standards. Busy cash registers. The crinkle of bottles being wrapped in brown paper bags. Walk in the front door of Red Spirits & Wine in Bellevue, and you're immediately hit with the holiday rush.

This is the busy season for liquor retailers. Open houses, Christmas gifts, family visiting from out of town — they're all reasons to stock up on booze.

But the shelves in many Tennessee liquor stores don't just contain alcohol these days.

redlegsfan21 via Flickr

Officials at the Nashville International Airport say it’s due for some changes: They're planning $240 million worth of upgrades starting next year, including adding more parking and replacing the jet bridges that connect the terminal to airplanes.

Metropolitan Nashville Airport Authority

The Nashville airport is adding another nonstop flight to the Bay Area. United Airlines announced Tuesday it will start flying daily to San Francisco on May 5, about a year after Southwest Airlines launched a direct flight to Oakland.

stevendamron / via Flickr

Two of Nashville’s largest private employers plan to do away with benefits for domestic partners starting in 2017. Vanderbilt University and hospital chain HCA say they will no longer cover unwed couples. Employers around the nation are changing their policies following the Supreme Court’s ruling on same-sex marriage.

danielSTL / via Flickr

November was a ho-hum period for the Nashville housing market compared to the pace of sales earlier this year, representing the first monthly dip in closings for 2015. But the median price is still running $15,000 above last year, and potential buyers feel they've reached a tipping point.

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