Kingsport Times News Sunday, August 30, 2015
Business & Technology

Fed acknowledges economy is growing more slowly

June 22nd, 2011 1:01 pm by Associated Press

WASHINGTON (AP) The Federal Reserve acknowledged Wednesday that the U.S. economy is growing more slowly than it expected. But it said it will complete its $600 billion Treasury bond buying program by June 30 and announced no further efforts to boost the

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Business & Technology

Eastman to acquire Sterling Chemicals for $100 million in cash

June 22nd, 2011 9:20 am by staff report

KINGSPORT, Tenn. - Eastman Chemical Company today announced that it has entered into a definitive merger agreement to acquire Sterling Chemicals, Inc., a single site North American petrochemical producer, for $100 million in cash, subject to modest deduct

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Business & Technology

Bankers say their recovery outpaces economy's

June 22nd, 2011 4:42 am by Associated Press

That's despite banks' struggles to replace the revenue lost after Congress and regulators imposed strict new limits on certain fees and speculative investment.Outside of the financial industry, however, bankers see more tough times. More than 60 percent s

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Business & Technology

Fed still faces challenges keeping economy growing

June 22nd, 2011 4:20 am by Associated Press

WASHINGTON (AP) We may be into the second year of the economic recovery, but Federal Reserve Chairman Ben Bernanke and his colleagues are still facing plenty of challenges as they try to keep a fragile expansion on track.

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Business & Technology

Haslam: It's a 'buyer's market' for business expansion in Tennessee

June 22nd, 2011 4:19 am by Hank Hayes

Gov. Bill Haslam says it's a "buyer's market" in Tennessee for relocating and expanding businesses.

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Business & Technology

Pawn shops expand in slow economic times

June 21st, 2011 2:18 pm by Associated Press

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Business & Technology

FDA issues graphic cigarette labels

June 21st, 2011 1:57 pm by Associated Press

RICHMOND, Va. (AP) Rotting teeth. Diseased lungs. A corpse of a smoker.Nine new warning labels featuring graphic images that convey the dangers of smoking will be required by the Food and Drug Administration to be on U.S. cigarette packs by 2012. Other i

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Business & Technology

Oil near $94 as IEA warns crude costs hurt economy

June 21st, 2011 4:37 am by Associated Press

SINGAPORE (AP) Oil prices inched higher to near $94 a barrel Tuesday in Asia as a top energy industry expert warned higher fuel costs could undermine the global economic growth.

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