Kingsport Times News Thursday, October 23, 2014
Business & Technology

GM, Chrysler leaders say dealership closings needed to preserve auto jobs

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

WASHINGTON - General Motors and Chrysler executives defended the closings of hundreds of dealerships Friday as House lawmakers questioned whether the decisions would save any money or help the troubled companies rebound.

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Business & Technology

Congress sends White House bill giving government regulators unprecedented authority over tobacco

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

WASHINGTON (AP) -- Congress sent legislation to the White House Friday granting the federal government unprecedented authority to regulate and restrict cigarettes, the single largest cause of preventable death.President Barack Obama quickly expressed his

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Business & Technology

Swedish firm taking over Bush Hog plant, 100 jobs may be saved

June 12th, 2009 12:00 am by JEFF KEELING

TELFORD Swedish engineering is coming to the Washington County Industrial Park, as agriculture equipment maker Bush Hog has found a company to take over production at its Telford plant, a move that could save more than 100 jobs. Selma, Ala.-based

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Business & Technology

US households lost $1.33 trillion in net worth in first quarter as stock, home prices fell

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

WASHINGTON (AP) -- American households lost $1.33 trillion of their wealth in the first three months of the year as the recession took a bite out of stock portfolios and dragged down home prices.The Federal Reserve reported Thursday that household net wo

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