Today's Business News
Record Powerball jackpot inspires office pools
In workplaces across the nation, Americans are inviting their colleagues to chip in $2 for a Powerball ticket and a shared daydream. The office lottery pool is a way to improve your odds and have a little fun with co-workers. Read more...
A year after IPO, Facebook aims to be ad colossus
NEW YORK — It was supposed to be our IPO, the people’s public offering. Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, was going to be bigger than Amazon, bigger than McDonald’s, bigger than Coca-Cola. And it was all made possible by our friendships, photos and family ties. Then came the IPO, and it flopped. Subscribe to our e-edition to read more. Only $1/mo. for print subscribers!
Energy Department backs Texas LNG export plan
WASHINGTON — The Energy Department on Friday conditionally approved a Texas company’s proposal to export liquefied natural gas, only the second such project allowed to move forward amid a production boom that has led to glut of domestic natural gas. Subscribe to our e-edition to read more. Only $1/mo. for print subscribers!
Rising consumer demands aids organic industry sway
WASHINGTON — The organic food industry is gaining influence on Capitol Hill, prompted by its entry into traditional farm states and by increasing consumer demand. Subscribe to our e-edition to read more. Only $1/mo. for print subscribers!
Sullivan family has operated Townsend Shopping Center 66 years
Townsend Shopping Center operators have expanded their merchandise selection until it seems like a smaller version of a Walmart Superstore, since opening in 1937 as a grocery store. You can find almost anything you want or need. Subscribe to our e-edition to read more. Only $1/mo. for print subscribers!
Trentham earns honor as financial advisor
Brent Trentham has been named to the Barron’s “Top 1,000 Advisors: State-by-State Listings” list in Barron’s Magazine, a publication covering business and finance. Subscribe to our e-edition to read more. Only $1/mo. for print subscribers!
Cockrill named to UT associates program
Maryville resident and University of Tennessee alumnus David Cockrill has been selected to participate in the Chancellor’s Associates program at UT. Subscribe to our e-edition to read more. Only $1/mo. for print subscribers!
Werker is Chamber Ambassador for April
Doug Werker was named the Blount County Chamber of Commerce Ambassador of the Month for April at its monthly meeting held May 15 Subscribe to our e-edition to read more. Only $1/mo. for print subscribers!
Weigel’s to offer no-purchase gas discount card
POWELL — Weigel’s Stores is issuing a no-purchase-necessary gasoline discount card. Subscribe to our e-edition to read more. Only $1/mo. for print subscribers!
Russians attempt to topple Google in Vietnam
HANOI, Vietnam — Vietnam’s booming Internet scene is littered with failed startups that tried to take on Google and other entrenched U.S web companies. That’s not deterring a newly launched Russian-Vietnamese outfit which believes it can unseat the American search engine in this fast-growing Asian market and also contend with a jittery, authoritarian government seeking to clamp down on freedom of expression online. Subscribe to our e-edition to read more. Only $1/mo. for print subscribers!
Experts: Smartphones another avenue for hackers
MIAMI — Experts say smartphones are becoming increasingly popular not only with consumers, but also with scammers. Subscribe to our e-edition to read more. Only $1/mo. for print subscribers!
Retired couples may need $220K for health care
WASHINGTON — After years of increasing health care costs, the outlook is improving for seniors worried about paying their medical bills during retirement. For the second time in the last three years, estimated medical expenses for new retirees have fallen, according to a study released Wednesday by Fidelity Investments. Subscribe to our e-edition to read more. Only $1/mo. for print subscribers!
Cruises get good buzz from new ships, overhauls
NEW YORK — The 2013 cruise season began with a nightmare: A Carnival ship adrift with no power. But in the last month or so, several cruise companies — including Carnival — have announced major overhauls to old ships and exciting innovations on new ships, from engineering upgrades to theme park-style rides. Subscribe to our e-edition to read more. Only $1/mo. for print subscribers!
Senate panel approves massive farm bill
WASHINGTON — The Senate Agriculture Committee on Tuesday approved a massive five-year farm bill that would cut spending while also creating new subsidies for farmers. Subscribe to our e-edition to read more. Only $1/mo. for print subscribers!
Foundation gives UT Martin $100,000 for rodeo
MARTIN, Tenn. — The rodeo program at the University of Tennessee at Martin has been given a $100,000 donation to fund scholarships for the state’s only college rodeo. Subscribe to our e-edition to read more. Only $1/mo. for print subscribers!
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Hiking With Hardtack: ‘The Hitch-in-the-Get-Along Gang’ hits The Appalachian Trail at Springer Mountain
When two Army veterans hit The Appalachian Trail at Springer Mountain, Ga., with Daily Times staffers who are following a thru-hiking United Methodist chaplain, they encounter rain, ice, wind and a crowd of other hikers attempting to reach Mount Katahdin before snow arrives -- plus a whole lot more. Read more...
Hiking with Hardtack: United Methodist chaplain journeys along The Appalachian Trail
Josh "Hardtack" Lindamood, a chaplain commissioned by the Holston Conference of the United Methodist Church to serve hikers along The Appalachian Trail, begins his thru-hike of the approximate 2,183-mile footpath from Springer Mountain, Georgia, to Katahdin, Maine, on April 4, and provides a look at the first few days on The A.T. Read more...
