Kingsport Times News Monday, August 3, 2015
Business & Technology

Claims that federal stimulus projects came in under budget, faster than expected are put to the test

November 11th, 2010 11:28 am by Rob Farley, Politifact, and Michael Grabell, ProPublica

Obama claims most stimulus projects have come in under budget, faster than expected. There is no comprehensive federal database that tracks whether stimulus projects have come in under budget. But the White House pointed us toward Vice President Joe Biden

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Business & Technology

Tennessee sales taxes grow by highest rate since 2007

November 10th, 2010 12:40 pm by Associated Press

NASHVILLE, Tenn. (AP) Tennessee's most recent monthly sales tax collections grew at the highest rate since April 2007 and the state's general fund has now exceeded projections by $46 million through the first quarter of the budget year.Sales taxes, which

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Business & Technology

Eastman offering early retirement incentives for up to 300 employees

November 10th, 2010 10:38 am by Sharon Hayes

KINGSPORT Eastman Chemical Co. is offering an early retirement incentive program for up to 300 employees at three U.S. sites.Company spokesman Tracy Broadwater said employees who are already eligible for retirement will be able to sign up for the incenti

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Business & Technology

Job growth, fewer bankruptcies drive down Sullivan, Washington, Hawkins economic stress levels

November 10th, 2010 6:12 am by MARTIN CRUTSINGER and MIKE SCHNEIDER, Associated Press DON FENLEY, Times-News

Jobs growth and fewer bankruptcies offset more foreclosures and drove down economic stress in Sullivan, Washington and Hawkins counties during September. The average county stress score in September was 10, down from 10.3 in August. The last time the aver

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Business & Technology

Wellmont Health System reports income of $22.8 million

November 9th, 2010 9:58 pm by Staff reports

KINGSPORT Wellmont Health System more than tripled its income from operations in fiscal year 2010, posting operating income of $22.8 million vs. $7 million in 2009.

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Business & Technology

General Motors pink slips Mr. Goodwrench

November 9th, 2010 12:42 pm by Associated Press

DETROIT (AP) General Motors is asking Mr. Goodwrench to pack up his toolbox.The mechanic who served as the symbol of GM's dealer service brand for 37 years will be scrapped as of Feb. 1 in favor of "certified service" brands for each of GM's remaining fo

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Business & Technology

PNC Bank to halt mountaintop mining financing

November 9th, 2010 4:26 am by Associated Press

LOUISVILLE, Ky. (AP) PNC Bank has announced it will stop financing projects that extract coal using a controversial form of surface mining known as mountaintop removal.The Pittsburgh-based company is the latest of a group of major commercial lenders that

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Business & Technology

Business owners pack City Hall to discuss future of downtown Kingsport

November 8th, 2010 10:29 pm by Sharon Hayes

KINGSPORT It was standing room only as business owners in downtown Kingsport gathered at City Hall Monday morning to discuss the future of the downtown district."The perception is we've had a lot of businesses close in downtown and perception is everyt

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Business & Technology

Tri-Cities adds 6,000 jobs, threat of double dip recession reduced

November 8th, 2010 4:49 am by Don Fenley

ETSU economists Steb Hipple says an analysis of the Tri-Cities labor market for the third quarter shows the regional labor market has enjoyed its second consecutive quarter of improvement and the threat of a double dip recession is now substantially reduc

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Business & Technology

Potential problem crops up as TCRA explores switch to airport authority

November 7th, 2010 10:09 pm by Hank Hayes

BLOUNTVILLE One unresolved question affecting the future of Tri-Cities Regional Airport has been hanging in the air for years.

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