Kingsport Times News Monday, October 20, 2014
Business & Technology

High-level job cuts help Eastman's bottom line

April 24th, 2009 12:00 am by Sharon Hayes

KINGSPORT Eastman Chemical Co.'s recent job cuts included employees near the top of the corporate ladder. "The highest percentage reduction of people was at the vice president (level), and the next highest was at the director level," said Jim Rogers, who

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Business & Technology

Champions to spearhead NETWORKS five goals

April 23rd, 2009 12:00 am by Rick Wagner

BLOUNTVILLE Sullivan County's joint economic development effort has identified "champions" for five goals addressed at a February education and work force development summit.

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Business & Technology

Eastman's first quarter earnings plunge, but company still posts profit

April 23rd, 2009 12:00 am by Sharon Hayes

KINGSPORT Eastman on Thursday posted earnings from continuing operations of $2 million or 3 cents per diluted share for the first quarter vs. $133 million or $1.46 per share a year ago. The 2009 quarterly results include a $26 million restructuring charg

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Business & Technology

March jobless rates up; Kingsport 11.6%, Morristown 18.1%, Johnson City 8%, Bristol 8.5%

April 23rd, 2009 12:00 am by Don Fenley

The recent local and area layoffs drove March's unemployment rates up across the board in NE Tenn. cities above 25,000.Kingsport's unadjusted rate increased to 11.6 percent for March - an increase of 1 percent from the previous month.Morristown's rate ju

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Business & Technology

Bank bailout may hurt taxpayers, be open to fraud, report suggests

April 21st, 2009 12:00 am by Associated Press

Taxpayers are increasingly exposed to losses and the government is more vulnerable to fraud under Obama administration initiatives that have created a federal bank bailout program of "unprecedented scope," a government report finds.

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Business & Technology

Discovery Ice Cream seeking franchisee for Kingsport store

April 19th, 2009 12:00 am by Sharon Hayes

Discovery Ice Cream is looking for a franchisee for its store in downtown Kingsport. Allan Jones, founder and CEO of Discovery Ice Cream and its parent company Puffin Innovations, said he is moving the company's headquarters from Kingsport to Charleston,

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