Kingsport Times News Friday, July 31, 2015
Business & Technology

Oil prices in the 'danger zone' for global economic reovery

January 5th, 2011 6:04 am by Staff Report

According to the Financial Times high oil prices threaten to derail the fragile economic recovery among developed nations this year, the leading energy watchdog has warned, putting pressure on the Opec oil cartel to increase production.Over the past year

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Business & Technology

Recall investigators find Kroger pet-food grains had elevated toxin level

January 4th, 2011 6:08 am by Bonna Johnson

State agriculture investigators found elevated levels of a toxic substance in some corn grains that were used at a Tennessee facility to make a brand of pet food for the Kroger Co., which recalled the products late last month. "We took finished samples

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Business & Technology

Allcare Dental closes office as part of shutdown

January 4th, 2011 5:32 am by Kate Prahlad

Allcare Dental & Dentures is closing every single one of its offices, including its Johnson City location, with no plans to reopen, a statement from the company said.In a letter posted Monday to www.allcareinfo.com, Allcare apologized to its patients left

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Business & Technology

Dollar General will hire 6,000 for new stores this year

January 3rd, 2011 3:10 pm by Assciated Press

GOODLETTSVILLE, Tenn. (AP) Discount-store operator Dollar General plans to open 625 stores and hire more than 6,000 workers in 2011.The company said Monday the store openings will be in 35 states it currently operates in as well as in three new states: C

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Business & Technology

Report says Facebook nets $500M investment from Russian investment firm, Goldman Sachs

January 3rd, 2011 5:19 am by Associated Press

Social networking behemoth Facebook has raised $500 million from Goldman Sachs and a Russian investment firm in a deal that values the company at $50 billion, The New York Times reported.Goldman invested $450 million and Digital Sky Technologies invested

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Business & Technology

Obama aide: Don't 'play chicken' with debt ceiling

January 3rd, 2011 12:11 am by Associated Press

WASHINGTON Some Republican lawmakers said Sunday they opposed raising the ceiling on the nation's debt without tackling government spending, and President Barack Obama's top economic adviser warned against "playing chicken" on the issue.

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Business & Technology

Outlook says coal industry is a dead man walking

January 2nd, 2011 10:03 am by Staff Report

According to the Washington Post, the headline news for the coal industry in 2010 was what didn't happen: Construction did not begin on a single new coal-fired power plant in the United States for the second straight year.This in a nation where a fleet of

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Business & Technology

Kingsport poised for growth as housing market rebounds

January 1st, 2011 7:59 pm by Sharon Hayes

KINGSPORT Nationwide the housing market is still struggling to recover from the Great Recession. But when it eventually turns around, Kingsport expects to be ready.

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