Kingsport Times News Saturday, December 20, 2014
Business & Technology

Local company leading tanning industry in new technology

May 9th, 2009 12:00 am by Sharon Hayes

It's got the vanity market down pat. Now the tanning industry is hoping to capture health-conscious and green consumers as well, and a Kingsport-based company is leading the effort with specially designed tanning equipment that saves energy, cuts costs, a

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Business & Technology

New jobless claims unexpectedly plunge to 601,000; lowest level since January

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

New applications for jobless benefits plunged to the lowest level in 14 weeks, a possible sign that the massive wave of layoffs has peaked. Still, the number of unemployed workers getting benefits climbed to a new record.The Labor Department reported Thu

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Business & Technology

NN Inc. reports $9.5 million loss; cost-cutting may be on the way

May 7th, 2009 12:00 am by JEFF KEELING

Just six months after it was generating record profits, locally headquartered manufacturer NN Inc. reported a $9.5 million first-quarter loss Wednesday and warned of further cost-cutting as it continued to be hammered by the global recession. In ad

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Business & Technology

Sculpture Walk, band competition among top winners at Pinnacle Awards

May 6th, 2009 12:00 am by Sharon Hayes

KINGSPORT Kingsport's Sculpture Walk and the Tennessee Valley Showcase Marching Band Competition were among the top winners Wednesday at the 12th annual Pinnacle Awards, presented by the Northeast Tennessee Tourism Association.

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Business & Technology

Fed chief more optimistic, predicts turnaround in '09

May 5th, 2009 12:00 am by Associated Press

WASHINGTON Federal Reserve Chairman Ben Bernanke gave his most optimistic prediction yet Tuesday about the end of the recession, saying he expects the economy to start growing again this year although the comeback could be weak and more jobs will disapp

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Business & Technology

Ferguson's term as Eastman CEO will end Thursday

May 2nd, 2009 12:00 am by Sharon Hayes

KINGSPORT This Thursday, J. Brian Ferguson will serve his last official duty as chief executive officer of Eastman Chemical Co., presiding over the annual meeting of shareholders. And while he'll continue to serve as executive chairman of the board throu

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Business & Technology

Rogersville TRW plant shuts down temporarily due to Chrysler's financial woes

April 30th, 2009 12:00 am by Jeff Bobo

ROGERSVILLE The ripple effect of Chrysler's bankruptcy and production stoppage announcement Thursday hit Rogersville hard, as the local TRW Automotive plant followed suit with an immediate work stoppage of its own. At 3 p.m. Thursday, TRW employees in Ro

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Business & Technology

Bank lobby, voter frustration with bailouts keep Obama from wielding heavy stick on banks

April 30th, 2009 12:00 am by Associated Press

WASHINGTON (AP) -- Effective lobbying by bankers and voter frustration with taxpayer-funded "bailouts" have kept President Barack Obama from making good on his promise to wield a heavy stick against a financial industry blamed for derailing the economy.

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