Kingsport Times News Saturday, July 26, 2014
Business & Technology

Stocks head higher as worries about Europe ease

January 12th, 2011 3:49 pm by Associated Press

NEW YORK (AP) Stocks rose broadly Wednesday after a successful bond auction in Portugal eased worries about Europe's debt crisis. Financial stocks jumped on hopes that banks would start raising their dividends this year.Portugal borrowed $1.6 billion at

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Business & Technology

Project could bring European-based manufacturer, 450 jobs to Kingsport

January 12th, 2011 12:43 pm by Sharon Hayes

KINGSPORT Details to bring a European-based manufacturing company to Kingsport could be ironed out this week in a deal that could create 450 jobs in the next three years.

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Business & Technology

Verizon big winner from having iPhone? Not so fast

January 11th, 2011 4:45 am by Associated Press

NEW YORK (AP) Verizon Wireless would seem to be a big winner after its expected announcement Tuesday that it will start selling the iPhone and break Apple Inc.'s monogamous relationship with AT&T Inc. in the U.S.But for several reasons, the iPhone's arri

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Business & Technology

Hershey Co. executive joins Eastman Chemical board

January 10th, 2011 8:16 pm by Staff Report

Knoxville -- An executive with one of the world's largest chocolate makers has joined the board of Eastman Chemical Co., the Kingsport, Tenn.-based specialty chemicals maker announced.Humberto Alfonso, senior vice president and chief financial officer of

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Business & Technology

Fed pays US Treasury record $78.4B last year, makes money off programs to help the economy

January 10th, 2011 1:30 pm by Associated Press

WASHINGTON (AP) -- The Federal Reserve paid a record $78.4 billion in earnings to the U.S. government last year, reflecting gains from the central bank's unconventional efforts to lift the economy.The payment to the Treasury Department is the largest sinc

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Business & Technology

Will the new talk show kings and queens come from YouTube?

January 10th, 2011 4:21 am by Staff Report

If most television networks can have talk shows featuring celebrities, why not YouTube?According to the Media Decoder in the New York Times, the "Partners Project," which started last month, is being positioned as the talk show of YouTube, featuring contr

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Business & Technology

Camera makers slash prices on new point-and-shoots

January 10th, 2011 3:44 am by Associated Press

NEW YORK To fight dwindling camera sales, manufacturers are slashing prices for point-and-shoots often below $100 and offering more features for the money.Camera makers unveiled dozens of models this week at the International Consumer Electronics Show

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Business & Technology

Can companies squeeze more out of their workers? If you're an investor, you better hope so

January 9th, 2011 3:57 pm by Associated Press

NEW YORK (AP) -- Can Corporate America continue to cut its way to profits?If you're betting that stocks will rise in 2011, the answer is critical. Profits jumped last year largely because companies ran smarter and squeezed more from workers. Sales are pic

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Business & Technology

Kingsport mall posts good holiday sales despite elevator and escalator breakdowns

January 8th, 2011 9:18 pm by Sharon Hayes

KINGSPORT Call it bad timing. A few days before Black Friday, the main elevator at the Kingsport Town Center developed a leak in its hydraulic oil line and malfunctioned.

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