Business - Around the Region

Haslam, Boyd to travel to Asia seeking auto sector jobs

Published Apr. 28 2016

Tennessee Gov. Bill Haslam and state Economic and Community Development Commissioner Randy Boyd will travel to Asia on an economic...

Comcast to give customers 1,000 gigabytes of data per month

Published Apr. 28 2016

PHILADELPHIA (AP) — Comcast Corp. on Wednesday reported first-quarter earnings that topped Wall Street's expectations with help from an increase...

VW to set aside $8.8 billion for diesel buy-backs, fixes

Published Apr. 28 2016

Volkswagen said today it had set aside $8.8 billion to buy back or fix diesel-powered cars that had been rigged...


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Downtown Chattanooga's last shoe repair shop closing

Published Apr. 28 2016

On Friday, Cousin will close the sole survivor, the last downtown business of its kind, Kenton Shoe Repair, which he's...

Unprecedented request for tax break on Chattanooga apartment complex sparks controversy

Published Apr. 28 2016

A Chattanooga developer's unprecedented request to be given a six-year-old tax break on his nearly completed downtown apartment complex prompted...

Mayor holds event to encourage businesses to be 'family-friendly'

Published Apr. 28 2016

Mayor Andy Berke laid down a challenge Wednesday for Chattanooga businesses to be more family-friendly.

CBL operating results ahead of last year although net income drops due to disposition activity

Published Apr. 28 2016

CBL & Associates Properties, Inc. boosted its funds from operations in the first quarter by 8 percent as same store...

Business Briefs: Lawmakers blast Valeant for price-gouging tactics

Published Apr. 28 2016

Restaurant chain moves

Chattanooga-based Unum reports higher operating income

Published Apr. 27 2016

Chattanooga-based insurer Unum Group today reported higher first quarter after-tax operating income on solid levels of premium growth.

Fed keeps key rate unchanged and provides no timing hints

Published Apr. 27 2016

The Federal Reserve is keeping a key interest rate unchanged against the backdrop of a global economic slump and providing...

TVA looks to remove floating houses from state reservoirs

Published Apr. 27 2016

A federal agency wants to remove floating houses from Tennessee reservoirs after a study shows that a large number of...

Pilgrim's Pride recalls 4.6 million pounds of chicken

Published Apr. 27 2016

WACO, Texas (AP) — Pilgrim's Pride ordered a massive recall of cooked chicken products Tuesday after consumers and federal meat...


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GM making $790 million investment at Tennessee factory

Published Apr. 27 2016

General Motors announced plans today to invest another $788.7 million and create 781 new jobs for a new high-efficiency engine...

Chattanooga-based Astec Industries is paving a growth plan

Published Apr. 27 2016

Congressional approval last year of a long-delayed highway spending bill paved the way for improved domestic sales and profits for...

New Aldi grocery store will occupy $10 million Ooltewah center

Published Apr. 27 2016

Aldi is growing its Chattanooga area footprint again with a planned market in Ooltewah as grocers continue to seed more...

Troubled Hixson-based nursing home chain asks bankruptcy court for OK to sell business

Published Apr. 27 2016

New Beginnings Care LLC, a Hixson-based nursing home chain currently in Chapter 11 bankruptcy, hopes to put its troubled business...

SmartBank boosts quarterly income

Published Apr. 27 2016

SmartFinancial Inc., the parent company of SmartBank in Knoxville and Chattanooga, boosted its first quarter income to $1.3 million, up...

Astec earnings rise despite drop in international sales

Published Apr. 26 2016

Despite a 3.5 percent drop in sales, Astec Industries Inc. boosted its first quarter earnings by 18.5 percent and beat...

Chattanooga's water utility completes $18 million dewatering facility to limit sludge

Published Apr. 26 2016

Tennessee American Water Co. is pumping more water but sending less sludge to the city's sewage treatment facility.

Cameron Harbor on Chattanooga's waterfront could double to $200 million project

Published Apr. 26 2016

Cameron Harbor, one of the biggest residential and commercial projects to go up on Chattanooga's waterfront in decades, could double...

Chickamauga Lake mansion auctioned for more than $1.25 million

Published Apr. 26 2016

A nearly 10,000-square-foot mansion on Chickamauga Lake was sold at a Saturday morning auction that attracted nine bidders who proved...

Food City introduces curbside grocery pickup at four local stores

Published Apr. 26 2016

Food City officials say they're taking customer service one step further by adding curbside grocery pickup at select stores across...

These were the highest rated airlines in 2015

Published Apr. 26 2016

WalletHub analyzed major airlines for 13 metrics, including flight reliability, complaints and in-flight comfort.