Kingsport Times News Tuesday, March 31, 2015
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.

Comments
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.

Comments
News Regional & National Business & Technology
Another solid month of job gains over 200K expected for Feb.

Another solid month of job gains over 200K expected for Feb.

March 6th, 2015 7:14 am by CHRISTOPHER S. RUGABER, Economy Writer

U.S. employers are expected to follow the best three-month burst of hiring in 17 years with another solid round of job gains in February.

Comments
News Entertainment Regional & National Business & Technology
Ringling Bros. phasing out iconic elephant acts by 2018

Ringling Bros. phasing out iconic elephant acts by 2018

March 5th, 2015 2:18 pm by TAMARA LUSH, Associated Press

"There's been somewhat of a mood shift among our consumers," said Alana Feld, the company's executive vice president. "A lot of people aren't comfortable with us touring with our elephants."

Comments
News Local News Business & Technology
Eastman CEO says he's staying out of Wellmont decision

Eastman CEO says he's staying out of Wellmont decision

March 4th, 2015 7:00 pm by Hank Hayes

Two not-for-profit health systems remain in the running to either merge or align with Wellmont, with one of those widely believed to be Mountain States Health Alliance (MSHA) based in Johnson City.

Comments
Business & Technology
Stocks fall, pulling market further below record highs

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.

Comments
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.

Comments
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."

Comments
News Local News Business & Technology
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.

Comments
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.

Comments