Kingsport Times News Monday, March 30, 2015
Regional & National Business & Technology
The next must-have device? Apple Watch unveiled

The next must-have device? Apple Watch unveiled

March 9th, 2015 7:13 pm by BRANDON BAILEY, AP Technology Writer

SAN FRANCISCO - Apple wants to move the Internet from your pocket to your wrist. Time will tell if millions of consumers are willing to spend $350 on up for a wearable device.

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Local News Business & Technology
Power company seeks 2.4 percent rate hike to offset costs from  storms

Power company seeks 2.4 percent rate hike to offset costs from storms

March 9th, 2015 6:57 pm by Hank Hayes

KINGSPORT - Kingsport Power Co. has filed documents with the Tennessee Regulatory Authority (TRA) seeking a 2.4 percent rate hike to recover unanticipated expenses from past storms.

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News Local News Business & Technology
'Blood from a Turnip': Hawkins IDB probably won't sue tenant farmer for breech of contract

'Blood from a Turnip': Hawkins IDB probably won't sue tenant farmer for breech of contract

March 9th, 2015 5:25 pm by Jeff Bobo

Last year, the IDB and Phipps Bend Joint Venture approved a five-year lease contract with R&C Farms based in Grainger County for 85 acres of Phipps Bend property that can't be developed because it's in the floodplain.

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Local News Business & Technology
'Buy Local' hopes to offset the snowstorm's bad effect on sales

'Buy Local' hopes to offset the snowstorm's bad effect on sales

March 9th, 2015 8:47 am by Hank Hayes

Talk of a new Buy Local campaign began after City Manager Jeff Fleming saw the city's initial report on snow removal expenses - a $350,000 hit. That number has since grown to more than $500,000.

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News Local News Business & Technology
Fee fight: Airport Authority enters spat pitting off-site parking operators against Nashville's airport

Fee fight: Airport Authority enters spat pitting off-site parking operators against Nashville's airport

March 7th, 2015 9:29 am by Hank Hayes

The Tri-Cities Airport Authority (TCAA), which governs TCRA, believes it should protect parking revenue by opposing state legislation allowing off-site airport parking companies to dictate the terms of contracts with metro airport authorities in the state

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News Regional & National Business & Technology
US job market faces hurdles even with 5.5 pct. unemployment

US job market faces hurdles even with 5.5 pct. unemployment

March 7th, 2015 9:25 am by CHRISTOPHER S. RUGABER, AP Economics Writer

Unemployment in the U.S. has dropped to a seven-year low of 5.5 percent - a level normally considered the mark of a healthy job market. Yet that number isn't as encouraging as it might sound.

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Business & Technology
NETWORKS courts five  prospects for Phipps Bend

NETWORKS courts five prospects for Phipps Bend

March 6th, 2015 11:06 pm by Jeff Bobo

Among those five, however, is a whopper that has also caught the interest of the Tennessee Valley Authority - a forging operation that represents close to $700 million in investment and more than 700 jobs.

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Business & Technology
Dow reshuffle: Apple replaces AT&T in blue-chip index

Dow reshuffle: Apple replaces AT&T in blue-chip index

March 6th, 2015 5:35 pm by Associated Press

The move isn't likely to impact the 30-stock index much, and will have no effect on the fortunes of the two companies. But market experts say it does have symbolic importance, sort of like getting an Oscar at the Academy Awards - or at least a nomination.

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Business & Technology
Stocks drop; strong jobs report raises rate hike prospect

Stocks drop; strong jobs report raises rate hike prospect

March 6th, 2015 5:20 pm by Associated Press

The dollar surged and Treasuries fell as investors factored in the possibility that the Fed could implement its first rate hike in almost a decade as soon as June. The prospects of higher interest rates sent stocks tumbling.

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News Regional & National Business & Technology Coupon Diva
U.S. trade deficit in January falls 8.3 pct. to $41.8 billion

U.S. trade deficit in January falls 8.3 pct. to $41.8 billion

March 6th, 2015 10:28 am by JOSH BOAK, AP Economics Writer

Much of the dip in imports likely came from lower oil prices and a labor dispute that disrupted shipping at West Coast ports. At the same time, the strong dollar that has made American-made goods less affordable abroad is weighing down exports.

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