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Business & Technology

Recession takes bite out of fourth-quarter sales across the Tri-CIties

March 4th, 2009 12:00 am by Staff report

The recession took a bite out of Tri-Cities fourth quarter sales but the local data was not as bad as state and national data, according to data released today by ETSU economists Steb Hipple.

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Business & Technology

Mountain Region Family Medicine buying Quebecor property for redevelopment

March 3rd, 2009 12:00 am by Sharon Hayes

Mountain Region Family Medicine has exercised an option to purchase two-thirds of the old Quebecor property from the Kingsport Economic Development Board for $350,000.

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Business & Technology

Edwards & Associates lays off 50 in Sullivan County

March 2nd, 2009 12:00 am by NET News Service

A local manufacturer affiliated with Bell Helicopter has laid off 50 employees 45 at a Piney Flats subsidiary and five at its Bristol headquarters citing a declining demand for its "helicopter completion services."

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Business & Technology

Dow dips below 7,000; Expert says stock 'game-changer will come when housing market stabilizes'

March 2nd, 2009 12:00 am by Assocaited Press

The Dow Jones industrial average plunged below 7,000 Monday for the first time in more than 11 years as investors grow even more pessimistic about the health of banks, and in turn the economy.

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Business & Technology

Fleet Feet Sports opening Kingsport store this month

March 2nd, 2009 12:00 am by Staff Report

Owners Phil and Melissa Horner plan to open the store early this month at Reedy Creek Terrace, across from Panera Bread and Starbucks. The specialty retailer will carry running shoes, apparel and related accessories.

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