Kingsport Times News Wednesday, March 4, 2015
Stocks fall, pulling market further below record highs

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Stocks fall, pulling market further below record highs

March 4th, 2015 5:26 pm by Associated Press

Given the market's recent run, it's only natural for investors to turn cautious, said Terry Sandven, senior equity strategist at U.S. Bank Wealth Management.

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Community Local News Business & Technology
Kingsport businessman and leader Wallace Alley Sr. passes away

Kingsport businessman and leader Wallace Alley Sr. passes away

March 3rd, 2015 9:32 pm by Hank Hayes

Best known for running a car dealership offering multiple brands, Alley was also a former director of Holston Valley Hospital, Holston Mental Health Center, ETSU/UT University Center Foundation and Advisory Board and the ETSU Foundation.

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Business & Technology
Stocks fall broadly a day after Nasdaq passes 5,000 mark

Stocks fall broadly a day after Nasdaq passes 5,000 mark

March 3rd, 2015 5:52 pm by Associated Press

"It's only natural we would get a little flutter after a milestone like yesterday," said Wells Fargo Funds' Chief Equity Strategist John Manley, referring to the Nasdaq closing above 5,000. "It may very well go on for a few days."

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Eastman CEO: We're not finished making acquisition deals

Eastman CEO: We're not finished making acquisition deals

March 3rd, 2015 5:30 pm by Hank Hayes

Eastman Chemical Co. remains in an acquisition mindset after buying four companies during 2014, Eastman Chairman and CEO Mark Costa advised more than 200 business people and elected officials at a Regional Leaders Breakfast on Tuesday.

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News Regional & National Business & Technology
Tennessee lawmakers: Block FCC ruling on municipal broadband

Tennessee lawmakers: Block FCC ruling on municipal broadband

March 3rd, 2015 7:21 am by ERIK SCHELZIG, Associated Press

Republican Gov. Bill Haslam and the speakers of state House and Senate had written to the FCC to urge the panel not to override a state law blocking Chattanooga's electric utility from expanding its super-fast Internet network beyond its service area.

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Sports Business & Technology
Jordan, other NBA owners join Forbes' billionaire list

Jordan, other NBA owners join Forbes' billionaire list

March 2nd, 2015 7:34 pm by Associated Press

Michael Jordan and some other NBA owners have reached new heights, landing on Forbes world list of billionaires. Forbes released its list on Monday and noted that Jordan's net worth is estimated at $1 billion.

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VEDP says it's filling the big hole created by lost coal jobs

VEDP says it's filling the big hole created by lost coal jobs

March 2nd, 2015 8:20 am by Hank Hayes

"We're on it. ... We have been at it for many, many years looking at doing our part to diversify (the Southwest Virginia economy), VEDP President and CEO Martin Briley said in a phone interview.

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Local News Business & Technology
Plans afoot for second Bojangles' in Kingsport

Plans afoot for second Bojangles' in Kingsport

March 1st, 2015 7:05 pm by Matthew Lane

KINGSPORT - It looks like Kingsport could be a two-Bojangles' town later this year.

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News Business & Technology
Samsung ditches plastic design, adds mobile pay in new phone

Samsung ditches plastic design, adds mobile pay in new phone

March 1st, 2015 4:45 pm by ANICK JESDANUN, AP Technology Writer

Following HTC's announcement of a new HTC One smartphone that sports a better camera, Samsung unveiled a stylish new flagship phone that ditches its signature plastic design for more stylish metal and glass.

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News Business & Technology
Malaysia jet mystery leads to new plane tracking test

Malaysia jet mystery leads to new plane tracking test

March 1st, 2015 1:10 pm by KRISTEN GELINEAU, Associated Press

Australia, Indonesia and Malaysia will lead a trial of an enhanced method of tracking aircraft over remote oceans to allow planes to be more easily found should they vanish like Malaysia Airlines Flight 370.

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News Regional & National Business & Technology
Spacewalking astronauts finish extensive, tricky cable job

Spacewalking astronauts finish extensive, tricky cable job

March 1st, 2015 1:01 pm by MARCIA DUNN, AP Aerospace Writer

Spacewalking astronauts successfully completed a three-day cable job outside the International Space Station on Sunday in a 260-mile-high action that unfolded 50 years to the month of the world's first spacewalk.

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