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Business News (AP)

  • States digging deep to monitor water KINGSTON, N.H. (AP) -- About a quarter mile into dense woods, geologists watch as a drilling rig twists a shaft deep into the granite bedrock of southeastern New Hampshire. They are searching for water - not to drink - but to watch....
  • As retailers cut back cities confront 'ghostboxes' BISMARCK, N.D. (AP) -- Hundreds of anxious shoppers watched as city officials used power saws to cut 2-by-4s during Home Depot Inc.'s ribbon-cutting ceremony for its 102,700-square-foot building center in Bismarck. Less than three years later, the home improvement retailer shuttered the underperforming store, leaving a big orange empty eyesore on the outskirts of town....
  • Bankruptcies low in states that don't seize wages States that allow debt collectors to seize consumers' wages have sharply higher bankruptcy rates than neighboring states that prohibit or strictly limit the practice, an Associated Press analysis has found....

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BBB Warning - Scammers Cashing in on MJ's Death
Use Caution When Buying Michael Jackson Memorabilia -- Value of Items Could Only Be Sentimental Immediately following the announcement of Michael Jackson's sudden death, enterprising individuals began selling memorabilia online to take advantage of the... Full story
WTVC Cuts Salaries
Freedom Communications, Inc., the parent company of WTVC-TV NewsChannel 9, announced today an across-the-board 5% reduction in base pay for employees at all levels of the company. The reduction will be effective July 13. "We are facing the challenge... Full story
Volkswagen News -- Porsche Says ''No''
There's big news Monday out of the auto world. Porsche has rejected a bid by Volkswagen's to take a 49 percent stake in the sports carmaker.  A Porsche spokesman said the offer by VW "is not a viable option."  Volkswagen is in the process... Full story
Five Downtown Chattanooga Businesses Fail Underage Alcohol Sting
Five Chattanooga businesses failed "compliance checks" according to the Chattanooga Police Department Regulatory Bureau and the Hamilton County Anti-Drug Coalition. They groups conducted a series of compliance checks of businesses serving alcohol in... Full story
First Winners Announced in ''20 Days of Giveaways"
Two people are confirmed winners in "20 Days of Giveaways" sponsored by NewsChannel 9 and the Atlanta Convention and Visitors Bureau. Brian Robinson of Rossville won an MVP Pack and Jamie Smith of Chickamauga won a Culture Kids Pack. How do you enter? It... Full story

Market News

  • Jobless data sends stocks reeling; Dow loses 223 NEW YORK (AP) -- The stock market found little to celebrate heading into the long holiday weekend....
  • How the major stock indexes fared on Thursday A dour report on job losses in June sent stocks sharply lower Thursday....
  • Elan, NRG Energy, Boeing are big movers NEW YORK (AP) -- Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:...
  • Career Advice

    Stimulus Package to Increase Government Hiring
      The federal government will need to hire an additional 200,000 workers over the next three years as a result of President Obama's stimulus plan and additional spending included in his budget plan. That may sound like a lot of jobs, but it's... Full story
    Stimulus to Fund Thousands of New, Green Jobs
      President Obama's economic recovery program could create or save 2.5 million green jobs designing, building and maintaining renewable energy projects and increasing the energy efficiency of schools, homes and federal office buildings. The... Full story
    A Look at 15 Celebrities' Previous Jobs
    Picture it: Glamorous Hannah Montana cleaning toilets. Or even more delicious: Smart-mouthed "American Idol" judge Simon Cowell sorting mail. Before they made gazillions and became gossip-rag fodder, many celebrities had regular jobs. Take a look at some... Full story

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    CURRENT CONDITIONS: Chattanooga Airport
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