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Dave Flessner

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TVA is cutting its workforce by about 2,000 jobs this year as part of its ongoing effort to trim $500 million a year in operating expenses, officials said today.

TVA loses $81 million in quarter

Power sales decline this year due to USEC closing

The Tennessee Valley Authority said today it lost $81 million in the three-month period ended June 30 due to a drop in electricity sales and sightly higher operating costs.

Gas prices fell last month by the biggest amount of any July in six years and could cut local gas prices below $3 a gallon by this fall, if current trends continue.

Healthy job growth for those workers without bachelor's

Most local healthcare jobs don't require four-year degree

Dusty Sims went from lifting cartons of Coca-Cola to lifting patients at Erlanger hospital when he was looking for a better paying and more secure job three years ago.

Hutcheson Medical Center won’t go on the auction block next week as one of its competitors and former managers had planned.

A federal judge in Rome, Ga., today halted a planned foreclosure against Hutcheson Medical Center set for next Tuesday.

Three years after Erlanger Health System promised to revive Hutcheson Medical Center with a $20 million loan and new management, Chattanooga's biggest hospital has severed its management and talks with Hutcheson and plans to foreclose on the Fort Oglethorpe hospital on Tuesday to try to recover its unpaid debt.

Erlanger Health System has tapped a 27-year health care veteran to head Erlanger East and Erlanger North hospitals.

When Keith Cartright became Sequatchie County mayor two years ago, the first thing he did after being sworn into office was to call Erlanger Health System to urge the hospital to restore emergency medical service to Dunlap, Tenn.

As the Environmental Protection Agency prepares to conduct hearings today on controversial new carbon limits for power plants, Chattanooga business leaders Monday voiced support for such pollution controls and energy limits.

Jim Olson first visited Chattanooga in 1993 to ride on the historic steam locomotive at the Tennessee Valley Railroad Museum (TVRRM).

Despite a 29.4 percent increase in sales this spring, the Dixie Group, Inc., today said it lost $605,000, or 4 cents per share, from continuing operations in the second quarter.

Project: Hardwood flooring plant expansion. Location: 210 E. 11th Street, South Pittsburg, Tenn. Owner: Shaw Industries Inc.

The Tennessee Valley Authority is shuttering its award-winning LiveWell program and closing most of its employee fitness centers as part of the utility's ongoing efforts to trim $500 million in annual operating expenses.

Volkswagen isn't getting as rich of an incentive package for its next 2,000-job expansion as the German auto maker was given by local governments six years ago when it first came to Chattanooga promising an initial 2,000 jobs.

Unemployment rises in area counties

Seasonal rise in labor force swamps job gains

Employers in metropolitan Chattanooga added 670 more workers last month, but those employment gains were more than offset by the addition of 3,070 new entrants into the Chattanooga labor market.

J. Crew Factory announced today it will open a 5,652-square-foot store at Hamilton Place mall in East Brainerd.

Unemployment in Hamilton County rose last month to its highest level in six months.

The jobless rate in metropolitan Dalton rose last month to its highest level since January as more job seekers entered the local labor market.

Six more Chattanooga Internet ventures will share in another $165,400 of grants from Mozilla’s Gigabit Community Fund.

Covenant Transportation Group, Inc., nearly doubled its second quarter net income from a year ago as the Chattanooga-based trucking firm cut expenses while still raising total revenue by 0.7 percent.

Six more Chattanooga Internet ventures will share in another $165,400 of grants from Mozilla’s Gigabit Community Fund.

Astec Industries Inc. boosted earnings in the second quarter by 31 percent as sales of the Chattanooga-based paving equipment maker rose 12 percent this spring.

After a slowdown in the winter and spring, home sales began to bloom for local Realtors last month.

U.S. nuclear regulators may need to shuffle staff as fewer nuclear plants are built and financial pressures prompt utilities to shutter existing plants, U.S. Nuclear Regulatory Commission Chairwoman Allison Macfarlane said Monday.

Home sales began to bloom for local Realtors in June.

Project: New Gander Mountain store. Size: 50,000 square feet Location: In the Oak Park Town Center on Highway 153.

Keeping your home or office cool during the dog days of summer should be a bit cheaper next month than it was during July.

The parent company of First Tennessee Bank beat analysts expectations during the second quarter with earnings of $76.8 million, or 32 cents per share.

Tennessee and Georgia lost a net 20,600 jobs last month, boosting the unemployment rate in both states above the national average.

Foreclosure activity in Chattanooga has dropped to its lowest level since before the housing bubble started to burst nearly eight years ago.

Unemployment in Georgia rose in June for the second consecutive month as job growth failed to keep pace with the growing number of Georgians looking for work.

Nearly half of the $600 million expansion planned at Volkswagen's Chattanooga assembly plant will be paid for by Tennessee taxpayers under the proposed incentives package signed this week by company and government officials.

In the first major asset sale from his nursing home and senior care empire, Cleveland, Tenn.,

Life Care Centers of America is selling its home health division to a Lafayette., La.-based home health care firm for $10 million.

A deal to grow Volkswagen’s Chattanooga plant by 1,350 more jobs became richer as talks progressed between the state and the automaker, which made it clear that it’s eyeing much more U.S. sales than it has garnered to date.

Sky Ridge Medical Center in Cleveland, Tenn., will expand into Hamilton County next year by opening physician offices in a new building taking shape at Cambridge Square in Ooltewah.

Nearly half of the planned $600 million expansion of the Volkswagen assembly plant in Chattanooga will be paid for by state and local governments and utilities in Tennessee.

Volkswagen plans to invest another $600 million in its Chattanooga assembly plant and hire another 2,000 workers to start making a sports utility vehicle by the end of 2016.

Small, distributed generation could change TVA's power pricing model

TVA studies value of solar, wind generation

More than 3,000 TVA employees and contractors are working around the clock at the Watts Bar Nuclear Plant to add a second reactor capable of supplying all of the electricity demands of a city twice the size of Chattanooga.

TVA filled the new reactor vessel in the Watts Bar Nuclear Plant reactor being built near Spring City, Tenn., this week with 185,000 gallons of water in just over 23 minutes.

Even with more than 20,000 unemployed Chattanoogans looking for work, local employers still had trouble filling many technical jobs requiring science, math and engineering backgrounds last year, according to a new study of job vacancies by the Brookings Institute.

Q: I got a call from someone saying I won an $8,400 government grant. All I had to do was get a Green Dot money card, load $240 on it, give them a call back with the card numbers, and they promised the money would be released to my bank. Sounds a little off, is this a scam?

  • July 4th, 2014  |
  • By By Jim Winsett
  • Comment  |

Siskin Hospital for Physical Rehabilitation completed its purchase of the neighboring St. Barnabas Healthcare Center this week, doubling the size of Chattanooga's biggest rehabilitation hospital.

For the third time in five years, the Tennessee Valley Authority appears ready to replace one of its aging coal plants with natural gas-fired generation.

It is hard to overestimate the importance of a good credit score. So if your own credit history is less than pristine, it might be easy to fall under the spell of a so-called credit repair agency, especially one that promises to miraculously restore your standing and quickly erase negative information.

  • July 2nd, 2014  |
  • By Chris Hopkins

When President Franklin Roosevelt created the Tennessee Valley Authority in 1933, he wanted TVA to be “a corporation clothed with the power of government but possessed of the flexibility and initiative of a private enterprise.”

For the first time in its 81-year history, the Tennessee Valley Authority will no longer offer employees hired after Monday a traditional pension that pays a worker a monthly check for the rest of his or her life at retirement.

Carbon emission limits proposed by the Environmental Protection Agency should provide a boost to nuclear power, former EPA Administrator Christine Whitman said Thursday.

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