Kingsport Times News Thursday, April 24, 2014
Business & Technology

Recession takes big bite out of Tri-Cities retail sales

June 8th, 2009 12:00 am by Staff Report

Retail sales in the Tri-Cities declined during the first quarter of 2009 giving the region no respite from the deepening recession.According to ETSU economists Seb Hipple Kingsport's sales were down 2.8 percent, Johnson City sales declined by 5.2 percent.

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Business & Technology

World airlines seen losing $9 billion this year

June 7th, 2009 12:00 am by Associated Press

The world's airlines will collectively lose $9 billion in 2009 with revenues to shrink by $80 billion from a year ago, as the economic crisis saps air travel and cargo demand, a key industry body warned Monday.

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Business & Technology

Deadline for switch to digital television is this Friday

June 6th, 2009 12:00 am by Sharon Hayes

If you're one of the 3.3 million U.S. households still unprepared for the switch to digital TV, you're almost out of time. This Friday, June 12, is the final deadline for the nation's full-power television stations to begin broadcasting exclusively in dig

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Business & Technology

VCEDA wins award for luring tech jobs to region

June 5th, 2009 12:00 am by Staff Report

The Virginia Coalfield Economic Development Authority (VCEDA) was honored recently by the Southwestern Virginia Technology Council (SWVTC) for the organization's strategy to attract and develop technology jobs in the region.

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Business & Technology

U.S. unemployment rate at 25-year high; pace of layoffs slowing

June 5th, 2009 12:00 am by Associated Press

WASHINGTON (AP) -- With companies in no mood to hire, the unemployment rate jumped to 9.4 percent in May, the highest in more than 25 years. But the pace of layoffs eased, with employers cutting 345,000 jobs, the fewest since September.The much smaller-th

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Business & Technology

Eastman fined for violating environmental, conservation regulations

June 4th, 2009 12:00 am by Staff Report

Eastman Chemical Co. has been fined $48,000 for violating regulations of the Tennessee Department of Environment and Conservation.

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Business & Technology

Judge says Chrysler makes good case why 789 dealerships should lose franchises

June 4th, 2009 12:00 am by Associated Press

NEW YORK (AP) -- The judge overseeing Chrysler's bankruptcy case said Thursday that the automaker has a good case for the termination of 789 of its dealer franchises as part of its ongoing restructuring.U.S. Judge Arthur Gonzalez said that under Chrysler

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