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Business & Technology

Rise in factory production lifts hopes for economy

November 17th, 2010 5:08 am by Associated Press

WASHINGTON (AP) After leading the economy out of recession last year and then flagging over the summer, manufacturers might be getting a second wind.Factories boosted their output in October by the most since July, the Federal Reserve said Tuesday. Its r

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Business & Technology

Feds sue defunct Tenn homebuilder over 401(k) plan

November 17th, 2010 4:28 am by Associated Press

FRANKLIN, Tenn. (AP) The U.S. Department of Labor is suing defunct Tennessee homebuilder Corinthian Custom Homes Inc. and its fiduciaries to restore losses suffered by participants and beneficiaries of the company's 401(k) retirement plan.According to a

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Business & Technology

Sales tax collections edge up in Sullivan County for September

November 17th, 2010 4:26 am by J. H. Osborne

BLOUNTVILLE Countywide sales tax collections, as a whole, were up slightly in September compared to a year earlier, according to a report prepared by the Sullivan County Accounts and Budgets Office. Those collections came back to the county and it

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Business & Technology

Exide adding 90 jobs at Bristol plant

November 17th, 2010 4:21 am by Kate Prahlad

BRISTOL, Tenn. The Exide Technologies plant in Bristol is adding 90 jobs to its current work force of 375, according to plant manager Jim York, who cited increased demand and new business for the added positions.

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Business & Technology

Watchdog report warns banks could lose billions due to sloppy mortgage records

November 16th, 2010 10:57 am by Associated Press

WASHINGTON (AP) The disarray stemming from flawed foreclosure documents could threaten major banks with billions of dollars in losses, deepen the disruption in the housing market and hurt the government's effort to keep people in their homes, according t

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Business & Technology

Walmart drug plan for seniors may not be best deal

November 16th, 2010 6:28 am by Associated Press

WASHINGTON (AP) Consumer alert: A new Medicare drug plan with the lowest upfront cost in the country may not be for everyone, experts say.Medicare's open enrollment season just started, and the plan from insurer Humana and retail giant Walmart is getting

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Business & Technology

Will Facebook e-mail be a Google killer?

November 16th, 2010 5:27 am by LA Times News Service

SAN FRANCISCO In a bold challenge to its rivals, Facebook Inc. is launching a messaging service for its more than half a billion users, setting off a battle that could shape the future of communication on the Internet.Facebook Messages will meld the thre

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Business & Technology

Demand for autos push retail sales to big October gain

November 15th, 2010 1:03 pm by Associated Press

WASHINGTON (AP) Retail sales, helped by strong demand for autos, increased in October by the largest amount in seven months.The Commerce Department reported Monday that retail sales rose 1.2 percent last month. That was nearly double the gain that had be

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Business & Technology

Japan is test case for Pacific-wide free trade zone

November 14th, 2010 9:07 pm by Associated Press

YOKOHAMA, Japan Although Asia-Pacific leaders have committed themselves to achieving a Pacific-wide free trade zone following an annual summit, host Japan may prove a key test case for how realistic that vision is.

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Business & Technology

Tri-Cities Regional Airport flying high with upgrade plans

November 13th, 2010 6:30 pm by Hank Hayes

BLOUNTVILLE A makeover at Tri-Cities Regional Airport that could represent a litmus test for the region's economy is taking off.

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