Kingsport Times News Sunday, December 21, 2014
Business & Technology

Bank of America starts thaw in foreclosure freeze

October 19th, 2010 4:24 am by Associated Press

WASHINGTON (AP) The pace of U.S. home foreclosures may not slow much after all.Bank of America said Monday that it plans to resume seizing more than 100,000 homes in 23 states next week. It said it has a legal right to foreclose despite accusations that

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Business & Technology

Canada-U.S. pipeline on hold amid oil's recent woes

October 17th, 2010 11:48 pm by Associated Press

BISMARCK, N.D. The steel is staged, and crews are waiting to lay the last and most expensive leg of TransCanada Corp.'s multibillion-dollar pipeline network that would carry Canadian oil to refineries along the Gulf Coast.

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Business & Technology

Obama: End tax breaks to stop overseas hiring

October 16th, 2010 11:11 am by Associated Press

WASHINGTON (AP) President Barack Obama is renewing his call for Congress to close tax breaks that reward some U.S. companies with overseas subsidiaries, a proposal that has raised concerns among some lawmakers in the president's own party.

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Business & Technology

Dominion donates $4,500 to Norton Elementary for school greenhouse

October 15th, 2010 11:53 pm by staff reports

NORTON Dominion Resources, a facet of the electric utility building a new coal-fired power plant in Wise County, has announced educational grants to schools in nine states, including Norton Elementary School in the city of Norton.

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Business & Technology

It's official: No increase for Social Security next year

October 15th, 2010 11:24 am by Associated Press

WASHINGTON (AP) More than 58 million retirees and disabled Americans will get no increase in Social Security benefits next year, the second year in a row without a raise.

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Business & Technology

Class action lawsuit filed to stop Pfizer acquisition of King Pharmaceuticals

October 14th, 2010 11:31 pm by Sharon Hayes

BRISTOL, Tenn. One day after Pfizer announced plans to buy King Pharmaceuticals this week, a class action lawsuit was filed to halt the acquisition, alleging King's directors breached their fiduciary responsibility to get top dollar for the Bristol-based

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Business & Technology

Banks seize 288,000 homes in third quarter, but challenges await

October 14th, 2010 2:26 pm by Associated Press

LOS ANGELES (AP) Lenders seized more U.S. homes this summer than in any three-month stretch since the housing market began to bust in 2006. But many of the foreclosures may be challenged in court later because of allegations that banks evicted people wit

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Business & Technology

Stocks slide after jobs, inflation reports

October 14th, 2010 12:21 pm by Associated Press

NEW YORK (AP) Stocks dipped Thursday after concerns about another disappointing report on jobs. But losses were held in check by expectations the Federal Reserve will act soon to strengthen the economy.

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