An international bank downgraded the stock for Spanish construction firm Ferrovial, a key player in the DriveTN group that won the bid for Tennessee’s I-24 toll lane project, citing “higher risks” associated with a promised payment to the state that dwarfed competitors’ efforts to win the job. Switzerland-based UBS lowered the company’s stock to “neutral” […]

Tennessee Sen. Brent Taylor held Chinese military stocks as part of his investment portfolio even though he says President Donald Trump endorsed him in the Republican primary for the 9th Congressional District seat because he’ll be tough on China. Taylor reported owning between $1,000 and $15,000 worth of stock in three companies connected to China, […]