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Groundbreaking New Jobs in North Georgia

Groundbreaking New Jobs in North Georgia

Monday, October 7 2013, 11:24 AM EDT

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Asian stocks down as Greece deadline looms, Shanghai sinks

TOKYO (AP) -- Asian stocks were mostly lower today as a deadline for Greece to make a debt payment drew near and Chinese shares plummeted after big gains in the past three months.

Japan's benchmark Nikkei 225 rose 0.4 percent to 20,551.46; the index is up nearly 10 percent in the past three months as exporter stocks benefit from a cheap yen.

Meanwhile, Greece might miss a debt payment on June 5 if it fails to receive bailout funds from creditors, who are demanding that the country make reforms to its economy. It is still unclear whether an agreement can be reached in time, but European shares got a lift from players counting on a deal being reached.

In New York yesterday, the Dow Jones industrial average rose 121.45 points, or 0.7 percent, to 18,162.99 on Wednesday. It had fallen 190 points on Tuesday. The Standard & Poor's 500 index rose 19.28 points, or 0.9 percent, to 2,123.48 and the Nasdaq composite rose 73.84 points, or 1.5 percent, to 5,106.59.

ECONOMY-THE DAY AHEAD

WASHINGTON (AP) -- Labor Department releases weekly jobless claims, 8:30 a.m.

National Association of Realtors releases pending home sales index for April, 10 a.m.

FCC ROBOCALLS

WASHINGTON (AP) -- Those automated phone calls during the dinner hour, late at night or to your wireless phone can be so frustrating -- and the government is taking note.

The head of the Federal Communications Commission is circulating a proposal aimed at closing regulatory loopholes, reaffirming current anti-robocall rules, and encouraging wireless and wireline carriers to do more to fight against unwanted telemarketing calls and spam text messages.

A key part of the plan: clearing up any confusion over whether the phone carriers can offer blocking services -- so-called robo-blocking technology that could help people stop the unwanted calls.

FCC Chairman Tom Wheeler writes in a blog post on the commission website that authorities are "giving the green light" for robocall-blocking technology.

Phone companies have said that they worry that automatic call-blocking might run afoul of laws requiring them to connect phone calls.

INTERNET GAMBLING

ATLANTIC CITY, N.J. (AP) -- Gambling industry participants and analysts agree that Internet betting is off to a slow start in the U.S.

But despite challenges including hesitation by banks to approve credit card payments for online bets, casinos say and their observers say gradual improvement is happening.

Panelists at a major gambling conference in Atlantic City said Wednesday that Internet gambling has great potential for growth.

Three states offer Internet gambling: New Jersey, Delaware and Nevada. Other states are considering doing so, including California and Pennsylvania.

In March, Morgan Stanley cut its estimate of the potential U.S. Internet gambling market by nearly half.

The firm now estimates the nationwide online betting market at $2.7 billion by 2020, down from an initial estimate of $5 billion.

IPHONE GLITCH

UNDATED (AP) -- A newly-discovered glitch in Apple's software can cause iPhones to mysteriously shut down when they receive a certain text message.

Apple says it's aware of the problem and is working on a fix. But some pranksters are sharing information about the glitch on social media and using it to crash other peoples' phones.

The problem only occurs when the iPhone receives a message with a specific string of characters, including some Arabic characters, according to several tech blogs. When an iPhone isn't being used, it typically shows a shortened version of the message on the phone's lock screen. That shortened combination of characters apparently triggers the crash.

Affected phones will restart automatically. Owners can prevent the problem by using phone settings to turn off the message "previews" feature.

CALIFORNIA OIL SPILL

GOLETA, Calif. (AP) -- The federal government has issued an order to ensure that Plains All American Pipeline finishes the cleanup of an oil spill along the California coast.

The Environmental Protection Agency and the Coast Guard issued the joint Clean Water Act order Wednesday for what the agencies call the largest coastal spill in California in the last 25 years.

They say the order is to ensure the cleanup of heavy crude on land, at the shoreline and in the ocean, to contain the oil and to prevent further contamination.

Representatives from the two agencies said at a news conference that such an order is common in spills and is not in response to any inaction by Plains All America.

BANK EARNINGS

WASHINGTON (AP) -- U.S. bank earnings rose 6.9 percent in the first quarter from a year earlier as revenues increased. At the same time, delinquent loans continued to fall and the number of "problem" banks reached a six-year low.

This information comes from a new report issued by the Federal Deposit Insurance Corp. FDCIC Chairman Martin Gruenberg tells a news conference in Washington the report shows "gradual but steady improvement" for the banking industry. Still, low interest rates continued to crimp banks' profit margins on loans during the January-March period.

The FDIC reported that U.S. banks earned $39.8 billion in the first quarter, up from $37.2 billion a year earlier.

Nearly 63 percent of banks reported an increase in profit in the first quarter from a year earlier. Only 5.6 percent of banks were unprofitable -- the lowest percentage of unprofitable institutions since the second quarter of 2005.

JAWBONE-FITBIT-LAWSUIT

NEW YORK (AP) -- In a clash of rival makers of fitness trackers, Jawbone is suing Fitbit and a group of employees who quit Jawbone to work for Fitbit, saying they stole trade secrets, business plans, market research, and other information.

Jawbone's lawsuit names Fitbit Inc. and five former Jawbone employees, and says it believes 10 other employees were also involved. The lawsuit says Fitbit recruiters contacted about 30 percent of Jawbone's employees in early 2015, and the employees who accepted Fitbit's offer took information about Jawbone's plans, products, technology and market research.

It says the employees violated agreements with Jawbone and hid their activities from the company.

Fitbit filed for an IPO worth up to $100 million this month. It did not immediately respond to a request for comment.

IRS BREACH

WASHINGTON (AP) -- IRS investigators believe the identity thieves who stole the personal tax information of more than 100,000 taxpayers from an IRS website are part of a sophisticated criminal operation based in Russia. That's according to two officials who talked to The Associated Press.

ISS Commissioner John Koskinen, meantime, has told reporters the information was stolen as part of an elaborate scheme to claim fraudulent tax refunds. He declined to say where the crime originated.

But two officials briefed on the matter tell AP the IRS believes the criminals were in Russia, based on computer data about who accessed the information. The officials spoke on condition of anonymity because they weren't authorized to publicly discuss the ongoing investigation.

The revelation highlights the global reach of many cyber criminals. And it's not the first time the IRS has been targeted by identity thieves based overseas.

RISE IN RENTERS

NEW YORK (AP) -- Renters are on the rise in America's biggest cities, but many tenants are scrambling to keep up with growing rent bills and shrinking vacancies. That's according to a new study out today.

From Boston to Miami, New York to Los Angeles, more than half of tenants are paying what experts consider unaffordable rents, says a report by New York University's Furman Center, which studies real estate and urban policy, and bank Capital One, which is a leading affordable-housing lender and financed the research.

While various housing experts have noted such trends, the study zooms in on 11 of the nation's most populous cities. Overall, it's a portrait of increasing competition and often slipping affordability. But the picture isn't universally bleak and looks noticeably different from city to city.

Capital One community finance chief Laura Baily says, "The study brings into light the limited options there are for renters."

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WTVC NewsChannel9 Stories of Honor

VW Study Says Chattanooga Plant Expansion Could Create 10K Jobs

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Verizon Wireless, Sprint Settle Allegations of Bogus Charges

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Self-Driving Cars Getting Dinged in California

Tennessee Announces New Jobs App for Smart Phones

US Employers Add Solid 223K Jobs

Local Gas Prices Continue to Climb

UAW Reports 55 Percent Membership at VW Plant in Tennessee

Comcast Abandons Time Warner Cable Bid after Gov't Pushback

Reports: VW Board Meeting Amid Leadership Spat

Hamilton County Receieves 3 AAA Bond Ratings

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Blue Bell Expands Recall of Ice Cream Made at Oklahoma Plant

Volkswagen Seeks to Increase Planned Expansion by 25 Percent

Brewery Planned for Martin Luther King Boulevard

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Tenn. Attorney General Wants Court to Set Aside Municipal Broadband Ruling

FAA Streamlines Rules to Speed Up Permits to Fly Drones

Kraft and Heinz Agree to Merge

Fed: No Rate Hike Until Job Market Improves, Inflation Rises

CHI Memorial CEO Resigns

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Apple Unveils New Details for New Watches, Notebook

Major Credit Agencies Agree to Changes Sought by Advocates

Apple to Replace AT

Expansion Underway for Volkswagen's SUV Line

Nearly 40 Percent of Walmart's US Workers to Get Pay Raises

Volkswagen Academy Now Accepting Applications

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Volkswagen Announces Financial Support for Electric Car Infastructure

Goodwill Industries Shatters Record in Serving 11,113 People in 2014

US Gains Strong 257K Jobs, Pay Jumps

Grocery Bar Closing Kitchen

City of Chattanooga Increases Business with Businesses Owned by Minorities, Women and Veterans

New Help Available for Chattanooga Small Business Owners

CBO: Budget Deficit to Sink to Lowest Level of Obama Presidency

Chattanooga Airport Announces Record Growth in 2014

US Government Investigating Ford Trucks for Stalling Problem

Cabela's Hiring 140 at Fort Oglethorpe Location

President Obama Mentions Chattanooga in Pitch to Give More U.S. Cities Broadband Access

Chattanooga Innovation District Announced

Volkswagen Announces New SUV Line

In Tennessee, President Obama Announces Manufacturing Hub

JCPenney to Close Its Dalton Outlet in 2015

Coca-Cola Announces Layoffs

Goodman Manufacturing to Close Doors in Dayton

Mercedes-Benz Moving Headquarters to Atlanta

Made in Our Hometown Big Business Wins of 2014

Keurig Recalls

Dow Tops 18,000 for the First Time

T-Mobile to Provide Customers Refunds in Settlement with FTC

Chattanooga Giving Grants to 3 Small Businesses

BlackBerry Launches Classic Smartphone in Last-ditch Effort

Mayor Berke Announces Chattanooga's First Growing Small Business Incentives

Protecting Yourself Against Identity Theft

Top Erlanger Managers Paid Bonuses

How the Upbeat Jobs Report May Not Fatten Your Wallet

German Labor Chief: VW Must Halt Anti-Union Group

J. Crew Store to Open at Warehouse Row Next Week

HTI Employment Solutions to Expand to Chattanooga, Fill 300 Jobs

Uber Arrives in Chattanooga

Warren Buffet's Company to Buy Duracell from Procter and Gamble

Mixed Messages on Volkswagen Labor Union Future

HTI Employment Solutions to Expand to Chattanooga, Fill 300 Jobs

Warren Buffet's Company to Buy Duracell from Procter and Gamble

J. Crew Store to Open at Warehouse Row Next Week

Bellhops Receives 2014 Spirit of Innovation Award

Volkswagen Sets Policy to Interact with Labor Groups

Ford Prepares to Roll Out Aluminum Pickup Trucks

'Regional Commerce Park' to Be Developed in Sweetwater

UAW Says Recognition Near at Chattanooga's Volkswagen Plant

Dunlap Company Manufactures Zippers for Ebola Hazmat Suits

Crash Test Dummies Gain Weight to Save Lives

Facebook's Advertising Revenue Soars in 3Q

Chattanooga Foreign-Trade Zone Approved for Expansion to Include 11 Counties

Walmart to Hire 95 in Fort Oglethorpe

The Cost at Watts Bar: Power, Postponement and your Pocketbook

A Small Business Owner Fights City Government

Amazon Creating 80,000 Seasonal Jobs

Amazon Hiring Thousands for the Holidays

Chattanooga-Based Plasticware Maker Adds New Jobs

You Could Benefit from Red Bull Class Action Suit

Sinclair Renews Agreements With ABC Network

Family-Owned Hixson Business Closes for Good on Tuesday

Ford Recalls 850K Cars on Short Circuit Concerns

Chattanooga Candy Company Closing at the End of the Year

A Closer Look: Ways to Hide and Secure Data on Your Smartphone

Home Depot Security Breach Affected 56 Million Credit

Startup Week Chattanooga to Feature National Figures in Innovation and Entrepreneurship

Consumer Problems and New Protections with Downloading Apple's New Software

Federal Reserve Signals It Plans to Keep Key Interest Rate at Record Low

FedEx Hiring 50,000 for Seasonal Work

Speculation Swirls Over Fed Language on Rate Hike

Chattanooga Airport Partners with EPB for Free WiFi

Small Plane from Chattanooga Crashes in Walton County, GA

Chattanooga's Mashburn Outdoor LLC Garners Prestigious Honor

McCallie Graduate Settles Lawsuit with Snapchat Co-founders

Tesla Electric Car Charging Stations Now at Chattanooga's Airport

City of Chattanooga Creating Free Wi-Fi Network for all City Buildings and Public Places

GA Dept. of Labor to Hold Job Training Fair

Apple Issues Recall for Certain iPhone 5 Batteries

New Company, $5M Investment, 35 New Jobs in Chattanooga

Data Breach at Several UPS Stores

Paper Mill Expansion Means 50 New Jobs in McMinn County

Paper Mill Expansion Means 50 New Jobs in McMinn County

Volkswagen Chattanooga Celebrates New Graduates

GM Issues Third Recall on SUVs That Can Catch Fire

PF Chang Customer Security Breach Includes Chattanooga Restaurant

New Retail Stores

3rd Annual GigTank Event Showcases Inventions, Ideas and Innovation

Hardwick Clothes Celebrates 134 Years in Business in Cleveland

Local Business Leaders Discuss Climate Change Impact

Chattanooga Choo Choo Announces Major Expansion

SL Tennessee Adding 1,000 New Jobs

Baby Monitor Recall in U.S.


VW Plans Welcome Center in Downtown Chattanooga

Gas Prices on the Decline

A Tip of the Hat to a Bull Market, VW and Derek Jeter

Belgian Floormaker Chooses Northwest GA for U.S. Headquarters

Roper Recruiting New Employees for Walker County Plant

Report: UAW to Announce Agreement with Volkswagen Thursday

Erlanger Files Notice to Foreclose on Hutcheson Medical Center Property

Taco Mac on Market Street Closing for Two Weeks for Expansion

GM Announces More Recalls

Mahindra-Chattanooga Tractors Expands

ALERT: Toyota, Mazda, Honda

Gas Prices on the Way Up in Chattanooga Area

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U.S. Reaches Agreement with SunTrust on Mortgage Cases

Hutcheson Announces Management Team Changes

'Operation Famous Salute' Reaches Record Number of Troops

Gas Prices in Chattanooga Area on the Way Down

Ground Broken for Dalton Manufacturing Facility

MAU Workforce Now Hiring in Chattanooga

Lee U. Grad Named New Southeast TN Regional Director

Bass Pro Shop to Anchor New Business in East Ridge

Chattem Plans Expansion, More Full-Time Jobs

Bass Pro Shop Coming to East Ridge

Chattanooga Company on the International Stage

New iPhone, Mac Features Unveiled

Area Gas Prices Down Slightly

Haslam: Tenn. Back in Talks with VW

U.S. Economy Shrinks at 1% Rate in 1st Quarter of 2014

Google to Build Prototype of Driverless Car

Gas Prices Drop for Post-Memorial Day Week

Chattanooga Offering Jobs to Teens, Application Deadline Tuesday

VW Workers Formally Drop Lawsuit against UAW

Plastic Omnium to Build Chattanooga Plant, Creating Almost 200 New Jobs

Mobile 'Career Coaches' Head to Several Local TN Counties to Assist Job Seekers

House Passes Bill Designed to Unlock Chickamauga Lock Funding Logjam

Erlanger Receives Advertising Awards

TN Receives $140,000 for Mine Safety Training & Accident Response

Acclaimed 3D Printing Hacker & Biotechnologist to Speak in Chattanooga

Corker Partners with Google to Help Southeast TN Small Businesses

Truck Drivers Being Recruited for Shaw Industries in Dalton

New Holiday Inn Creating New Chattanooga Jobs

Babcock & Wilcox Intech Inc. Adds 50 Jobs

Chattanooga Coca-Cola Finalizes Expansion, 43 New Jobs

Dalton’s Unemployment Rate Declines to 8.6 Percent

Grandview Medical Center in Jasper to Become Parkridge West Hospital

Morning Pointe Breaks Ground on 5th Building

Chances of Getting Audited by IRS Lowest in Years

GIGTANK Selects Startup Teams for 2014 Accelerator

Mayors Announce Spring Review Board for Mozilla Gigabit Communities Fund

Northwest Georgia's Unemployment Rate Holds at 7.3 Percent

Tennesseans to Receive $2.8 Million from E-Book Price-Fixing Agreement

New Future for The Enterprise Center in Motion

Don Welch Announces Retirement

TVA to Update Progress on Long-range Plan

TVA Employees Contribute $2.6 Million To Local Causes

Volkswagen Recalls 160,000 Passats for Light Issue

Coyote Logistics Buys Chattanooga-based Access America

Volkswagen Workers File Federal Suit to Block Company and UAW Collusion

Coca-Cola Bottling Works Toward Expanding Chattanooga Operations

EPB named Recycler of the Year

CAI, UT Offer Executive Education in Bradley County

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TAWC Names Gayle Domanski to Management Team

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TVA Reports First Quarter FY2014 Results

Free Tax Services in Hamilton County

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Legal Pot Takes Hold on Wall Street

New Marketing Director for Chambliss Law Firm

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McKee Foods Sponsors Chattanooga History Center

Volkswagen Announces $17 Million Expansion

Former City Official to Head Chattanooga Whiskey

Suggestions for a Less Stressful Shopping Season

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Average Area Gas Price back Above $3

TVA Reports Fiscal Year-End 2013 Results

Renovations and Additions to Northgate Mall

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Carol Sim Named as President and CEO of Siskin Hospital

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Grand Re-opening of Northgate Mall, Nov. 7

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Groundbreaking New Jobs in North Georgia

Wacker Plant Hit With Lawsuit

Shaw Industries Hiring

EPA Recognizes Volkswagen Chattanooga for 'Green Power'

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Apple Unveils Next Generation of iPhones

Dolly Tells Don About Her New Resort

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Innovative Packaging May be Worth Extra Cost

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La-Z-Boy Receives Award of Excellence

Erlanger Recognized by U.S. News

Legal Aid Honors Volunteer Attorneys

Metro Dalton's Unemployment Rate Rises in May

Dow Jones Average Falls Dramatically, Again

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River Gorge Explorer Earns Certificate of Excellence

Tenn. Board of Regents Committee Recommends Tuition Increases

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The Top iPhone and iPad Apps

EPB Fi TV Rates Increasing

BBB 2013 Torch Awards & Scholarship Winners

Red Cross East Tennessee Names New Regional CEO

Hutcheson $9.7 Millions Ahead Compared to Last Year

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Unum CEO Announces Retirement

Tenn. Governor Signs Grocery Tax Reduction into Law

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Memorial's Inspire Magazine Receives Awards

TVA Veteran James R. Dalrymple Named VP of Coal and Gas Operations

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TVA Reports Net Income of $54 Million in Second Quarter 2013

Greenlee Textron Acquires Sherman & Reilly, Inc

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Hot Rod Power Tour Coming to Chattanooga

Dutch Maid Bakery and Cafe Takes Home First Place

New Company Bringing 200 Jobs to McMinn County

Highest Financial Rating for Hamilton County

Tenn. Revenue Collections Up in March

Tenn. House Unanimously Approves Food Tax Reduction

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Dalton'™s Unemployment Rate Declines to 11 Percent

Brooke Pancake Signs Sponsorship Deal with Financial Group

Hunter Museum Curator Retiring

Tennessee Aquarium Expects 20 Millionth Visitor This Weekend

Whitfield County Business Expo 2013

McKee is High Bidder for Drake's Snack Cakes

Dalton Area Has Highest Unemployment in State

Tenn. January Unemployment Increases Slightly

Tenn. February revenue $5M more than state budgeted

Executive VP Leaving TVA

Memphis Hospital CEO Chosen to Run Erlanger

CBL Announces Promotions


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