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Ellis Smith

Stories by Ellis

DALTON, Ga. — The carpet industry is growing again, and the increased demand for the chemicals that supply the Carpet Capital's tufting mills has drawn new investment to Georgia.

On Tuesday, Jack E. Brown finally admitted the truth — some of it.

All it takes to destroy a vintage collection of more than 5,000 arcade cabinets and pinball machines is a leaky roof or a structure fire.

U.S. Sen. Lamar Alexander wants to repeal a chunk of the Affordable Care Act, better known as Obamacare, that could cost Tennessee manufacturers millions of dollars and lead to thousands of layoffs in the Volunteer State.

A budget amendment proposed today by U.S. Sen. Lamar Alexander (R-Tenn) would repeal a 2.3 percent federal tax on medical devices, potentially saving Tennessee manufacturers millions in future taxes stemming from the Affordable Care Act.

The Krystal Co., the feisty fast-food company founded in Chattanooga, has nearly completed its flight to the Peach State.

The battle for Aetna Mountain has spilled into court amid a continuing clash over taxpayer financing for a $500 million private development, which would be the biggest neighborhood in Chattanooga.

The largest Honda ATV and motorcycle dealership in the U.S. has agreed to pay $125,000 to settle an investigation into the sale of unrepaired, recalled vehicles.

Hungry crowds cleaned out the Red Bank eatery known for its bawdy branding and nitrogen-cooled milkshakes, forcing Sofa King Juicy Burger to close all day Wednesday after running out of grub on opening day.

A court-ordered auction will sell off a trio of prime downtown Chattanooga properties, which the defunct Tennessee Multicultural Chamber of Commerce acquired in 2008 under questionable circumstances.

Whiskey entrepreneurs Joe Ledbetter and Tim Piersant are ready to begin work on their Chattanooga distillery this month, if a law that finally reverses Prohibition in the Scenic City is passed by the Tennessee legislature.

Chattanooga-area cable customers could see their bills rise more than $13 per year under a worst-case scenario if a new law is approved by state legislators.

Nearly two dozen prominent Chattanooga restaurants closed their doors in the past year, as many of the city's old-line establishments gave way to a new generation of entrepreneurs.

The leader of Catoosa County's oldest continuous business has stepped down, Northwest Georgia Bank announced Wednesday.

Chattanooga's biggest independent bank will get a fresh start this year, after being badly battered by real estate deals that turned sour during the recession.

Chattanooga-based Fancy Rhino took home an armful of awards last week, winning the top advertising prize for an emotional sepia-toned trailer that promotes a film about the Howard School.

First Security Group, which owns FSGBank, has secured $90 million in recapitalization as part of a deal to convert the U.S. Treasury’s stake in the business into common stock, as well as sell the majority of the bank’s remaining bad loans.

A newcomer to downtown Chattanooga has taken the first step toward revitalizing the rundown southern section of South Market Street near I-24.

The mayoral candidate known for his clean image and crisp talking points deflected questions Friday about the Berke family's property holdings in areas of Chattanooga rife with crime and decay.

It smells like sawdust, epoxy and diesel exhaust in Chattanooga's biggest convention hall.

Flooring giant Mohawk Industries posted fourth-quarter earnings of $66 million, or 95 cents per share, beating analysts' expectations by 7 cents and its prior year fourth-quarter earnings by $23 million.

The country book-cooking enterprise some now call a family Ponzi scheme continued to bleed victims dry until it closed its doors in November 2012, according to a new lawsuit filed on Tuesday in U.S. Bankruptcy Court in Chattanooga.

The Internet transformed the phone into a handheld computer, rendered snail mail nearly irrelevant and opened up a worldwide shopping experience to millions of consumers. But until now, that shopping experience hasn't included a lot of building supplies.

For home improvement stores, Christmas is almost here.

The forced happy talk is gone, and the thin, tight smiles of years past have given way to genuine relief.

Chattanooga-based Unum Group continued to rake in the benefits of its billion-dollar stock buyback, bolstering its per-share earnings results even as its after-tax operating earnings remained stagnant.

Unum beat analyst expectations with a strong performance for the fourth quarter, posting after-tax operating gains of $225 million in the fourth quarter of 2012, or 82 cents per share.

Big changes are under way at the conglomerate controlled by philanthropist and payday lender Carey V. Brown.

Wake up in a college dormitory at 8 a.m., grab a quick breakfast and stumble into an office full of young, bold entrepreneurs.

Peter Pan and Captain Hook. David and Goliath. Coke and Pepsi.

An active rail line serves as a modern moat at the 22-acre estate of Jack E. Brown, who has been accused of running a Ponzi scheme.

Websites are powerful. A bad site can destroy a company, and a good one build it up from almost nothing. Just ask the Johnson brothers.

Comcast has launched a cloud-based phone service targeted at small businesses, which will compete with similar offerings from EPB and AT&T.

College buddies Adam Boeselager and Nick Macco destroyed 37 DVD burners last year.

Year after year, quarter after quarter, experts have repeated the mantra they learned during the 2007 real estate crash: "The market has hit bottom," they would say. "It can't get any worse than this."

Chattanooga's biggest banks performed better than expected in the final lap of 2012, beating Wall Street estimates in spite of uncertainty related to the U.S. fiscal cliff and debt ceiling negotiations.

I've learned over the years that modern buffet restaurants bear a striking similarity to Russian roulette.

Bankruptcy trustee Jerry Farinash has asked for a restraining order to stop the family of former tax preparer Jack E. Brown from hiding assets owed to victims of his alleged Ponzi scheme.

A watchdog group claims a Chattanooga-based Internet payday lender and philanthropist may have violated federal law by funneling a $1 million donation through his long-time associate.

Jack E. Brown's alleged Ponzi scheme was a family affair that included his wife and son among the conspirators, victims said Tuesday at a bankruptcy hearing.

Accused Ponzi schemer Jack E. Brown suddenly experienced heart palpitations today as about 50 creditors waited in a basement room to hear his explanation of what happened to more than $12 million they are owed.

Krystal has announced plans to rebuild its tornado-ravaged Ringgold restaurant, having dealt with initial worries that $32 million state road project would make that impossible.

The bankrupt tax preparer accused of looting the retirement accounts of retirees and widows will not get a fresh start.

Name: Chattanooga Detail Location: 1944 Dayton Blvd., Red Bank

Name: The Pavilion at Panorama

A Soddy-Daisy tax preparer accused of engineering a massive Ponzi scheme is resisting efforts by officials to uncover millions of dollars allegedly squandered in the scam.

Like a proud parent with a picture of a baby, Comcast is ready to show off its newest creation.

The letter arrives in an official-looking envelope from what appears to be local utility Tennessee American Water.

TULLAHOMA, Tenn. — A few miles down a featureless highway, just past the sinking pond and the goose pond, there's a break in the trees.

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