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The owners of Fehn's 1891 House restaurant in Dayton, Tenn., say there's nothing mysterious about the restaurant's closing for good this weekend, which will put a bookend on almost 90 years of Fehn's restaurants.

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President Barack Obama's labor secretary plans to travel next week to Germany to meet with Volkswagen officials to learn more about the works council the company wants to start at the Chattanooga factory.

After the Polar Vortex put an extra chill in the monthly bills of many TVA ratepayers earlier this year, electricity users are getting a reprieve this fall.

First Tennessee Bank is expanding its decade-long presence in North Carolina by buying Raleigh, N.C.-based Trust-Atlantic Financial Corp., in a deal valued at $80 million.

A prime location near Chattanooga's downtown waterfront will house the first Scenic City location for Puckett's, the longstanding Nashville-area group of restaurants.

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After a full month of declines, the S&P 500 index last week came within a whisker of a so-called correction, defined as a drop of 10 percent from the previous peak.

Michael Lawley has joined Airnet Holdings as chief operating officer.

• Project: North Shore apartments. • Location: 110 Tremont St. • Developer: John Wise. • Contractor: Wise Construction Co.

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