Kingsport Times News Friday, October 24, 2014
Business & Technology

Amex, Discover to end fees for exceeding credit limit

August 11th, 2009 12:00 am by Associated Press

NEW YORK American Express and Discover customers will soon be free of fees for charging over their credit limits. The two companies said separately Tuesday they will soon end the charges that have generated widespread criticism from consumers.

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Business & Technology

Watchdog says bad assets still threaten banks

August 10th, 2009 12:00 am by Associated Press

Despite signs that the financial system has stabilized, banks remain threatened by billions of dollars of bad loans on their balance sheets, and more could fail if the economy worsens, a congressional watchdog reports.

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Business & Technology

Kingsport looks out of town for $2.25 million in architectural work

August 9th, 2009 12:00 am by Matthew Lane

The city of Kingsport plans to spend more than $2.25 million with out-of-town firms for architectural and engineering services on five major projects taking place in the Model City.

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Business & Technology

KEDB moves to acquire old Kingsport Foundry site

August 7th, 2009 12:00 am by Sharon Hayes

KINGSPORT It's one of the gateways into downtown Kingsport and it's been an eyesore for years. Now the city is hoping to change the view. The Kingsport Economic Development Board has voted to acquire the old Kingsport Foundry property on Main Street for

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Business & Technology

TVA prefers site near Rogersville for new plant

August 7th, 2009 12:00 am by Staff Report

The Tennessee Valley Authority announced Friday that the preferred location for its proposed 880 megawatt combined-cycle gas plant in Northeast Tennessee is adjacent to the existing John Sevier Fossil Plant near Rogersville.

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Business & Technology

Employers cut 247,000 jobs in July; jobless rate dips, strong signal recession ending

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

WASHINGTON (AP) -- Employers throttled back on layoffs in July, cutting just 247,000 jobs, the fewest in a year, and the unemployment rate dipped to 9.4 percent, its first decline in 15 months.It was a better-than-expected showing that offered a strong si

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Business & Technology

New jobless claims drop more than expected in sign that layoffs are slowing

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

WASHINGTON (AP) -- The number of newly-laid off workers seeking unemployment insurance fell last week, the government said Thursday, fresh evidence that layoffs are easing.

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Business & Technology

Pavilion's developers working to secure financing to add theater, restaurants, shops

August 5th, 2009 12:00 am by Sharon Hayes

KINGSPORT Developers of the Kingsport Pavilion are hoping to start phase II of the commercial complex in the near future, bringing a theater, more shops and restaurants to the site.But securing financing for the project is the challenge."It's a little ch

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