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Business & Technology

Treasury secretary says global recession losing force

May 31st, 2009 12:00 am by Associated Press

Treasury Secretary Timothy Geithner said Monday that the global recession seemed to be losing force but that it will be critical for the United States and China to institute major economic reforms to put the world on a more sustained footing.

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Business & Technology

DKA, DBA at loggerheads over best way to promote downtown Kingsport

May 30th, 2009 12:00 am by Sharon Hayes

KINGSPORT A group of downtown business owners has launched its own business alliance to promote the central business district, and they've won the financial backing of city leaders for their efforts. But at whose expense?

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Business & Technology

Renovation of former Quebecor site could start as early as July

May 30th, 2009 12:00 am by Matthew Lane

KINGSPORT A multimillion-dollar renovation project at the Quebecor property could begin as soon as July, with the work expected to transform a large portion of the old book printing facility.

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Business & Technology

Concerts causing friction between downtown organizations

May 30th, 2009 12:00 am by Sharon Hayes

For several years now, it's drawn folks to the downtown district for free entertainment and fun. But this year, the summer concert series specifically the stage used by entertainers has become the battleground in the fight between two competing downtown

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Business & Technology

Yellow pages publisher R.H. Donnelley files Chapter 11

May 29th, 2009 12:00 am by Associated Press

CARY, N.C. Yellow pages publisher R.H. Donnelley Corp., which has been struggling to service its debt as the recession slashes its revenue, said Friday it voluntarily filed to reorganize under Chapter 11 bankruptcy law.

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Business & Technology

Unemployment declines or stays the same in all local cities except Bristol

May 28th, 2009 12:00 am by Don Fenley

Seasonally unadjusted unemployment for April declined or did not change from last month's level in all but one of the four cities in Northeast Tennessee. Morristown's jobless rate remains the highest in the region even after it dropped to 17.8 percent, an

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Business & Technology

Initial jobless claims drop, but continuing claims at record high; demand up for durable goods

May 28th, 2009 12:00 am by Assocaited Press

WASHINGTON -- The tally of newly laid-off people requesting jobless benefits fell last week, the government said Thursday, a sign that companies are cutting fewer workers.

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