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Business & Technology

Drug companies may narrow Medicare coverage gap

June 20th, 2009 12:00 am by Associated Press

WASHINGTON The pharmaceutical industry would finance improved coverage under the Medicare prescription drug program and help defray the cost of President Barack Obama's health care legislation under an $80 billion deal with key lawmakers and the White Ho

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Business & Technology

NETWORKS: No jobs added since April, but new prospects on horizon

June 18th, 2009 12:00 am by Rick Wagner

BLOUNTVILLE Sullivan County's economic development efforts resulted in no additional jobs since an April report, according to the June Scorecard of the NETWORKS Sullivan Partnership.

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Business & Technology

Tennessee's jobless rate at 26-year high - 10.7%

June 18th, 2009 12:00 am by Staff Report

Tennessee's unemployment rate is now in double digits and at a 26-year high.According to Commissioner of Labor and Workforce Development James Neeley the jobless rate for May was 10.7 percent, up 0.8 percentage point from the revised April rate of 9.9 p

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Business & Technology

New financial rules: Major changes for big, small

June 17th, 2009 12:00 am by Associated Press

WASHINGTON From simple home loans to Wall Street's most exotic schemes, the government would impose and enforce sweeping new "rules of the road" for the nation's battered financial system under an overhaul proposed Wednesday by President Barack Obama.

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Business & Technology

Housing starts rebound in May while inflation stays in check; signs of stability at low levels

June 16th, 2009 12:00 am by Associated Press

WASHINGTON (AP) -- Fresh signs that the economy is stabilizing - though at very low levels - emerged Tuesday in reports that home construction rose more than expected last month and wholesale prices remain in check.

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