Kingsport Times News Tuesday, September 23, 2014
Business & Technology

Tennessee's jobless rate at 26-year high - 10.7%

June 18th, 2009 12:00 am by Staff Report

Tennessee's unemployment rate is now in double digits and at a 26-year high.According to Commissioner of Labor and Workforce Development James Neeley the jobless rate for May was 10.7 percent, up 0.8 percentage point from the revised April rate of 9.9 p

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Business & Technology

New financial rules: Major changes for big, small

June 17th, 2009 12:00 am by Associated Press

WASHINGTON From simple home loans to Wall Street's most exotic schemes, the government would impose and enforce sweeping new "rules of the road" for the nation's battered financial system under an overhaul proposed Wednesday by President Barack Obama.

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Business & Technology

Housing starts rebound in May while inflation stays in check; signs of stability at low levels

June 16th, 2009 12:00 am by Associated Press

WASHINGTON (AP) -- Fresh signs that the economy is stabilizing - though at very low levels - emerged Tuesday in reports that home construction rose more than expected last month and wholesale prices remain in check.

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Business & Technology

May housing construction climbs by largest amount in 3 months, building permits also rise

June 16th, 2009 12:00 am by Associated Press

Construction of new homes jumped in May by the largest amount in three months, an encouraging sign that the nation's deep housing recession was beginning to bottom out.The Commerce Department said Tuesday that construction of new homes and apartments jump

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Business & Technology

Kingsport's PET Dairy plant closing; 120 jobs to be lost

June 15th, 2009 12:00 am by Sharon Hayes

KINGSPORT - After more than 50 years in operation, the PET Dairy plant on Konnarock Road is shutting its doors, resulting in the loss of 120 jobs. Dean Foods announced Monday it will close the facility and move production to other company locations.

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