Business
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Ken's Business Musings

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The Car Wash Factor - Optimism Abounds #
I wrote in an earlier post, early in the financial crisis (May 2008 to be exact) of the "Car Wash Factor". The premise being that the car wash at a local convenience store (Weigels) was a leading indicator of the financial health of the economy. Today, to my amazement given ...
Posted: March 1, 2010 at 12:01 a.m.
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An interest armrest article #
A good article regulating armrest wrestling.....
Posted: March 1, 2010 at 12:01 a.m.
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A Good Meeting - Pace and Tempo #
Many, many things have been written about meetings, lots of bad material and lots of good material. My take is simple. The meeting must be set to accomplish something and they must have pace and tempo.Pace is speed at which a meeting is conducted and is a tough balancing act ...
Posted: March 1, 2010 at 12:01 a.m.
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When the situation is ambiguous, do the right thing #
When the situation is ambiguous, do what's right. This is one of my absolute favorite sayings, because it embodies the basic essence of a leader. First, recognize the situation that you are in. Second, recognize what is right, in the eyes of the customer first, the business and employees second. ...
Posted: March 1, 2010 at 12:01 a.m.
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A Good Meeting - Three elements #
A good meeting is very simple. A good meeting consists of three key elements, rapid information sharing, decision making and planning for decision implementation. The best meeting consists of all three. The last component of a good meeting does not happen in the meeting, and that is implementation and enforcement ...
Posted: March 1, 2010 at 12:01 a.m.
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Knoxnews: Business

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Appeal filed to release TNInvestco documents #
A Franklin-based venture capitalist is appealing a Davidson County chancellor’s ruling that keeps government documents surrounding a $120 million state venture capital program under wraps for five years.
Posted: March 20, 2010 at 6:30 p.m.
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Signal breezes into other green sectors #
Chattanooga-based wind energy company is expanding into other renewable power sectors.
Posted: March 20, 2010 at 6:30 p.m.
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United Airlines delivers bags via FedEx in limited-time deal #
United Airlines whipped up a sizzling deal this week for people who refuse to travel light.
Posted: March 20, 2010 at 6 p.m.
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i-house hits wall of opposition #
The i-house may not land near Jackson Avenue after all. The city's Building Board of Adjustments and Appeals on Friday rejected architect John Sanders' request for a variance to allow the environmentally friendly modular structure on a parking lot overlooking Jackson Avenue.
Posted: March 20, 2010 at 12:30 a.m.
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Panel OKs site plan for Farragut market #
The Farragut Municipal Planning Commission has given the green light to plans for the Farragut Public Market.
Posted: March 20, 2010 at 12:30 a.m.
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Oakridger: Business

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First week at new store ‘going great’ #
<p>Hibbett Sports has been open in its new location on South Illinois Avenue next to The Rush for one week, and customers appear to "be excited about the store."</p>
Posted: March 7, 2010 at 8:03 p.m.
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Potential DOE, USEC pact could save jobs #
A possible new agreement between the federal government and a company with operations in Oak Ridge could save roughly 100 Tennessee jobs, U.S. Rep. Zach Wamp announced today.
Posted: March 7, 2010 at 8:03 p.m.
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Future's so bright, Oak Ridge wearing shades #
<p>About 170 or so business leaders attended a fast-paced, high energy breakfast meeting sponsored by the Oak Ridge Chamber of Commerce this week. The C. of C.'s annual "Program of Work" kickoff breakfast featured discussions regarding billion-dollar budgets and the community's "volunteer" spirit. And — as for local retail and ...
Posted: March 7, 2010 at 8:03 p.m.
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Final prom, wedding season for local store #
<p>A former Oak Ridge business that’s catered to high school students and brides-to-be for the last 25 years is closing its doors this spring.</p>
Posted: March 2, 2010 at 8 a.m.
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Financial workshop at Mount Zion #
A financial workshop will be held at Mount Zion Missionary Baptist Church from 9:30 a.m. to 2 p.m. on Jan. 30. Workshop topics include: Trusting God with Our Finances; Personal Budgets/Getting Out of Debt; Social Security/Medicare/Health Care Reforms; and Coping with Unemployment. The workshop is free and all are welcome.
Posted: March 1, 2010 at 12 a.m.
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Property Scope

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City panel gives i-rejection to i-house #
Not so fast, i-house. The city's Building Board of Adjustments and Appeals on Friday rejected architect John Sanders' request for a variance to allow the environmentally friendly modular structure on a parking lot overlooking Jackson Avenue. In an interview, board chairman Bruce Bosse said Friday that the building would have ...
Posted: March 19, 2010 at 3 p.m.
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Sales up, prices down in February #
New data from the Knoxville Area Association of Realtors show that area home and condo sales rose slightly in February, compared to the year before. A total of 643 units were sold, up 6.8 percent compared to February 2009. The median sale price of a three-bedroom home was $130,000, compared ...
Posted: March 19, 2010 at 10 a.m.
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Filmmaker, furniture designer launching Old City grocery #
From Carly Harringtons' column: If Jon Haas and Rock Hurst have their way, the wait will soon be over. The business partners plan to open AisleNine next month at 112 S. Central St. in the spot previously occupied by MagPies Bakery and Tomo Japanese Restaurant. The 2,000-square-foot store in the ...
Posted: March 19, 2010 at 9:30 a.m.
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Friday briefing #
Sign up today for free email updates from the Scope and the Bank Draft, a blog about the banking industry in Tennessee and the Southeast. Submit a request to flory@knoxvillebiz.com. Tim Hutchison counter-sues Citizens National Bank, of Athens, Tenn., alleging forged signatures. KNS Formerly homeless woman talks housing to West ...
Posted: March 19, 2010 at 9 a.m.
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Legacy of a Knoxville modernist #
In this week's Metro Pulse, Jack Neely profiles Knoxville architect Bruce McCarty. Easily Knoxville's most influential living architect, McCarty--he's still the first McCarty in McCarty Holsaple McCarty--has left his mark all over Knoxville, especially downtown and UT, since he began working here in 1949. His 61-year career would be astonishing ...
Posted: March 18, 2010 at 3 p.m.
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The Bank Draft

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Mountain National seeks blank-check authorization #
In its new proxy, Sevierville-based Mountain National Bancshares is asking shareholders for blank-check authority that would allow the company to issue one million preferred shares. The proxy said Mountain National has no present plans for the issuance of shares, but cited expectations that the economic downturn will continue into 2010. ...
Posted: March 19, 2010 at 3:30 p.m.
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First Horizon in legal tussle over Charlotte project #
The Charlotte Observer has details about a bankruptcy filing for a luxury condo project that has been the source of litigation involving First Horizon Home Loans. Check out the details here.
Posted: March 19, 2010 at 10 a.m.
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OSHA rules against TN Commerce #
NashvillePost.com has details on a ruling by the Occupational Safety and Health Administration, including an order to make a large back-wages payment to its former CFO. The Franklin-based lender plans to appeal. Check out the story here.
Posted: March 19, 2010 at 9 a.m.
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GreenBank parent announces new chief's compensation #
Stephen Rownd, who will take over as chairman and CEO of Green Bankshares on March 31, will get a base salary of $400,000, and a restricted stock grant worth $200,000. The Greeneville-based lender unveiled the pay package in an SEC filing. Rownd will also be entitled to a relocation package, ...
Posted: March 18, 2010 at 5 p.m.
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Pay rising for some bank execs #
From the Tennessean: After banks got billions in federal aid, executives at some of the Nashville area's largest banks are cashing in with higher paychecks in the midst of one of the worst banking crises in U.S. history. A Tennessean analysis of pay packages from regulatory filings at the top ...
Posted: March 18, 2010 at 4:30 p.m.
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The Bottom Line

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Mathnasium moves to larger space #
Mathnasium, a tutoring center that focuses on, you guessed it, math, has moved a few doors down to a new, larger space. The franchise, which opened in West Knoxville in January 2008, will hold a grand opening today from 5 p.m.-7 p.m. at its new location between Sami's Cafe and ...
Posted: March 16, 2010 at 1 p.m.
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Hobby Lobby announces opening date #
Arts-and-crafts retailer Hobby Lobby will open its new Turkey Creek store on March 22. The Oklahoma-based Hobby Lobby is relocating to the former Goody's Family Clothing space between Target and Old Navy from its current store near the intersection of N. Peters Road and Market Place Boulevard. The move will ...
Posted: March 15, 2010 at 12 p.m.
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Three ET businesses recognized by UT-Battelle #
Three small businesses in Knoxville and Oak Ridge have been recognized by UT-Battelle, LLC, the management and operating contractor for Oak Ridge National Laboratory. Customer Service Electric Supply, ITR-Information Technology Resources and Scientific Sales were among seven businesses to receive awards for their service during 2009. Woman-owned business Customer Service ...
Posted: March 12, 2010 at 2 p.m.
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Ruby Tuesday giving away $1 million #
Think you know college basketball? You might want to enter Ruby Tuesday's 2010 Million Dollar Bracket Challenge Sweepstakes. NCAA basketball fans and Ruby Tuesday patrons can enter to win $1 million by successfully completing a perfect bracket on the restaurant chain's Facebook page. In addition to the big prize, there ...
Posted: March 10, 2010 at 2 p.m.
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City of Knoxville vying for Google fiber #
The city of Knoxville said it plans to submit a proposal to Google Inc. in hopes of becoming a test site for its ultra-fast Internet system. "We'd love to be one of the trial locations selected and would encourage people to nominate the city," Spokesman Randy Kenner said. The city ...
Posted: March 10, 2010 at 12:30 p.m.
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The Daily Times: Business news

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Report: Coke may buy US operations of big bottler #
Coca-Cola Co. may buy the North American operations of its biggest bottler.
Posted: March 1, 2010 at 12:01 a.m.
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Only last-minute buyer will save Hummer brand #
Unless a last-minute buyer steps forward, General Motors Co.'s Hummer brand is fading into history.
Posted: March 1, 2010 at 12:01 a.m.
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Report: Coke may buy US operations of big bottler #
Coca-Cola Co. may buy the North American operations of its biggest bottler.
Posted: March 1, 2010 at 12:01 a.m.
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Toyota chief's testimony closely watched in Japan #
Japan appeared relieved Thursday that much-anticipated testimony by Toyota's chief executive before U.S. lawmakers was finally over.
Posted: March 1, 2010 at 12:01 a.m.
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Toyota chief's testimony closely watched in Japan #
Japan appeared relieved Thursday that much-anticipated testimony by Toyota's chief executive before U.S. lawmakers was finally over.
Posted: March 1, 2010 at 12:01 a.m.
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