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Dave Flessner

Stories by Dave

Unum Group may be the world's biggest disability insurer, but CEO Tom Watjen still sees plenty of room for growth by the Chattanooga-based company.

WASHINGTON — The House passed the closest thing so far this year to an infrastructure bill — a $12.3 billion, bipartisan measure authorizing 34 water projects, including a new funding formula that should speed completion of the Chickamauga Lock in Chattanooga and deepen the Port of Savannah in Georgia.

Unum Group may be the world's biggest disability insurer, but CEO Tom Watjen still sees plenty of opportunity for growth.

Construction on the stalled Chickamauga Lock in Chattanooga could be revived next year under a sweeping new plan for water projects set for a vote in the U.S. House today.

The improving economy is helping cut what employers in Georgia and Tennessee pay per employee to fund the states' unemployment insurance programs.

Georgia has repaid nearly $1 billion the state borrowed from the federal government in 2009 to shore up its depleted unemployment insurance fund, Gov. Nathan Deal said today.

Huntville, Ala., attorney Joe Ritch today becomes the first chairman in TVA's 81-year history who lives in Alabama.

Unemployment in Tennessee fell to the lowest level in nearly six years last month and, for the first time since 2011, matched the national jobless rate.

Georgia added 41,300 jobs during April. But with a rising workforce sparked by the improving economy, the jobless rate in Georgia last month remained unchanged from March at 7 percent.

Nathan Torgerson rushed through six home closings during the final week in April to close out the busiest sales month since the 24-year-old Realtor started selling homes three years ago.

TVA could tap into the abundant wind energy of the Great Plains to help power the Tennessee Valley with carbon-free electricity if the federal utility agrees to support one of America's biggest direct-current transmission lines.

The Dixie Group, Inc. announced today that it has priced a public offering of 2.5 million shares of its stock to yield the company $26.6 million.

Two Tennessee Republicans in Congress are questioning a proposed $2 billion project that would bring wind energy from the Great Plains to power users in the Tennessee Valley.

Eleven startup companies converged on Chattanooga Monday for the start of a 12-week accelerator program to turn tech ideas into viable, growing businesses.

The Tennessee Valley Authority is blaming vegetation growth along a 161,000-volt line on Williams Island for at least two power interruptions today that cut off power to about 32,000 homes and businesses.

For the Tennessee Valley Authority, every inch of rain is worth more than $10 million.

The third largest flour milling company in America will be headquartered in Chattanooga with a new corporate name following the merger Monday of Cereal Food Processors into Milner Milling Inc.

The Georgia Department of Labor announced today it will is trying to help Shaw Industries Group recruit 20 commercial truck drivers for the company's expanding operations in Dalton.

The Dixie Group announced today it will issue another 2.5 million share of stock to raise more than $30 million, in part, to help pay for its recent $17.5 million purchase of Atlas Carpet Mills.

Tennessee's biggest health insurer helped insure its own financial health last year by rolling up record profits.

Mike Ford can only fit 20 patrons at a time in his little log cabin restaurant in the middle of the parking lot at the Ridgewood Village shopping plaza in East Ridge.

One of Chattanooga's oldest skyscrapers has a new owner.

For the tenth year in a row, CEOs rated Texas as the No. 1 state in which to do business, according to Chief Executive magazine's annual Best & Worst States for Business survey released today.

As TVA stokes its power plants with less coal, the federal utility is looking at generating more power from natural gas and building co-generation plants with local manufacturers.

The Tennessee Valley Authority restarted its newest reactor at the Browns Ferry Nuclear Plant today after correcting a power problem that temporarily idled two recirculation pumps on Tuesday.

TVA electric rates for power cooperatives have risen above the national average for all such coops and need to be brought more in line with other utilities, the head of the Duck River Electric Membership Corp. said today.

Q. I am 65 and my wife is 62 and receiving spouse's benefits. When will she qualify for Medicare benefits?

  • May 8th, 2014  |
  • By By Gregory Holmes
  • Comment  |

The newest reactor at TVA's oldest nuclear plant automatically shut down after the power supply was temporarily interrupted to two recirculation pumps that supply water to the reactor core, TVA officials said Wednesday.

The regulatory oversight of audit companies brought about by the Sarbanes-Oxley reform measures in 2002 took a while to take root but is now helping to improve the financial reliability of the reporting from U.S. companies, a top audit regulator said Wednesday.

The newest reactor at TVA's oldest nuclear plant automatically shut down Tuesday after two recirculation pumps that supply water to the reactor core unexpectedly quit working, according to a report released today.

Mother Nature gave the Tennessee Valley Authority a winter reprieve from the shutdown of TVA's biggest industrial customer, but the head of the federal utility says more still needs to be done to cut TVA costs in response to lagging power sales.

Chattanooga is straddling the best states in America in competing for business, according to Site Selection magazine.

The Tennessee Valley Authority will cut more than 10 percent of its staff positions this year as it shutters more coal plants and trims operations to bring the federal utility more in line with competitors' staffing levels.

Chattanooga is straddling the best states in America in competing for business, according to Site Selection magazine.

The former Northgate movie theater building in Hixson is being converted into a suite of 34 hair style salons.

Kimberly-Clark is spinning off a $1.7 billion-a-year health care company that will locate its headquarters in the Atlanta suburb of Alpharetta, Ga.

The colder-than-normal winter boosted residential electricity sales for the Tennessee Valley Authority in the first three months of 2014, but those gains were offset by the loss of TVA's biggest customer last year and a drop in industrial power sales.

Chattanooga's highest paid CEO took a pay cut last year, but compensation rose for most of the city's top brass.

Nearly nine months after launching his campaign to try to unseat U.S. Sen. Lamar Alexander, R-Tenn., state Rep. Joe Carr, R-Lascassas, on Friday belatedly filed the personal financial disclosure forms required of all Senate candidates after the Times Free Press asked Carr about the filing.

Mohawk Industries has grown to the world’s biggest floorcovering company through 30 acquisitions since 2002, but the Calhoun, Ga.-based company is still planning on record levels of capital spending this year to boost efficiency and output and potentially buy still more companies.

The Tennessee Valley Authority said Friday that its newest reactor under construction at the Watts Bar Nuclear Plant remains on schedule to begin generating power by the end of next year as the first new nuclear power plant of the 21st century.

Chattanooga developer Ken Hays, the chief of staff under former Mayor Jon Kinsey and former president of River City Co., is returning to public service to head the city-backed Enterprise Center.

The Tennessee Valley Authority said toay that Watts Bar Nuclear Plant’s Unit 2 reactor remains on schedule to begin generating power by the end of next year as the first new nuclear power plant of the 21st century.

Federal regulators cited the Tennessee Valley Authority on Thursday for an emergency plan that failed to adequately staff the control room at the Browns Ferry Nuclear Power Plant in Alabama.

Federal regulators cited the Tennessee Valley Authority again today for failing to fully comply with standards for emergency plans at the Browns Ferry Nuclear Plant in Alabama.

When Orchard Knob native Darrell Freeman started his computer services business in 1991, the Tennessee Valley Authority was one of his first major contracts.

First Security Group, Inc. narrowed its first quarter losses this year after the bank was recapitalized last April.

The Dixie Group, Inc. said today that income from continuing operations grew in the first quarter to $3.3 million, or 24 cents per share, on higher sales of $85.3 million.

Adam Smith says he was a frequent buyer of items from Amazon.com — until this year.

Storms Monday night and early today toppled 38 structures supporting TVA's high-transmission electric lines in Mississippi, Alabama and Tennessee.

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