Kingsport Times News Tuesday, October 21, 2014
Business & Technology

Unemployment rate tops 10 percent for first time since 1983; 190,000 jobs lost in October

November 6th, 2009 12:00 am by Associated Press

WASHINGTON (AP) -- The unemployment rate has surpassed 10 percent for the first time since 1983 - and is likely to go higher.Nearly 16 million people can't find jobs even though the worst recession since the Great Depression has apparently ended. The Labo

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Business & Technology

Local Realtors Association president applauds extension, expansion of homebuyers' tax credit

November 5th, 2009 12:00 am by Staff and wire report

Northeast Tennessee Association of Realtors President Carla Dunn applauded Congress' decision to extend the $8,000 first-time homebuyer's credit and to offer existing homehomers a new credit to continue stimulus support for the housing recovery.Congress t

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Business & Technology

Productivity gains may be bad news for job seekers

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

WASHINGTON (AP) Companies across the economy are finding ways to do more with fewer workers, dimming hopes that hiring will take off anytime soon.Employers became leaner and more efficient in the third quarter. Wages, meantime, remain flat or falling. Th

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Business & Technology

Economy places historic Moonlite Theater in peril

November 4th, 2009 12:00 am by Sharon Hayes

ABINGDON The curtain may soon close on the Moonlite Theater after more than a half century in operation. Owner William O. Booker recently closed the historic drive-in for the season and is asking for the public's help to open it again next year. The sign

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Business & Technology

Eastman spills 2,150 gallons of acetic acid into Holston River, kills fish

November 3rd, 2009 12:00 am by Staff Report

KINGSPORT An accidental spill at Eastman Chemical Co. last week apparently killed an undetermined number of fish.

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Business & Technology

Pay czar, Federal Reserve move forward on compensation plans

November 2nd, 2009 12:00 am by Associated Press

The government's "pay czar" expects compensation plans for additional employees at the seven companies getting the biggest bailouts to be in place by year's end, while the Federal Reserve will soon start its own work on banks' pay practices.

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Business & Technology

As jobs vanish, factory towns slow to see stimulus

November 1st, 2009 12:00 am by Associated Press

Many communities hit hardest by job losses, those built around dying factories and mills, have been slowest to see relief from President Barack Obama's stimulus plan, underscoring how hard it is for Washington policymakers to create lasting work in areas

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