Kingsport Times News Wednesday, July 30, 2014
Business & Technology

Eastman CEO outlines exit strategy

December 9th, 2008 12:00 am by Sharon Hayes

KINGSPORT Outgoing Eastman Chemical Co. Chairman and CEO Brian Ferguson began considering an exit from the company earlier this year and made up his mind last Thursday to leave next spring, despite the current economic downturn. "It's not like I'm leavin

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Business & Technology

Sony slashes 8,000 jobs to bolster bottom line

December 9th, 2008 12:00 am by Associated Press

Sony is slashing 8,000 jobs, or 4 percent of its global work force, aiming to cut costs by $1.1 billion a year as a global downturn and stronger yen batters profits at the Japanese electronics maker.

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Business & Technology

Kingsport retail sales up nearly 10 percent

December 9th, 2008 12:00 am by Sharon Hayes

Kingsport bucked the national trend in the third quarter by posting nearly double-digit retail sales growth.According to the latest retail report issued Monday by East Tennessee State University, Kingsport generated $330.9 million in retail sales in the p

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Business & Technology

Kingsport Town Center closing customer service kiosk

December 8th, 2008 12:00 am by Rick Wagner

KINGSPORT The upper-level customer service kiosk at the Kingsport Town Center will close Dec. 31 and mean the layoff of four part-time employees, a mall official said Monday.

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Business & Technology

Investor confidence keeps sinking, 72% of consumers say economy getting worse

December 8th, 2008 12:00 am by Staff Report

The Rasmussen Consumer Index stabilized on Monday after falling to a record low on Sunday. At 58.7, the Consumer Index has fallen four points since Fridayas report. It is down six points over the past month and twenty-eight points over the past three mont

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Business & Technology

State laws fail to curb teens' indoor tanning

December 8th, 2008 12:00 am by Associated Press

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