Johnson City Press Sunday, September 21, 2014
Regional & National Business & Technology
Citigroup to pay $7B in subprime mortgages probe

Citigroup to pay $7B in subprime mortgages probe

July 14th, 2014 1:05 pm by ERIC TUCKER, Associated Press

The settlement stems from the sale of securities made up of subprime mortgages, which led to both the housing boom and bust that triggered the Great Recession at the end of 2007.

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VW to build new SUV in Tennessee, add 2,000 jobs

VW to build new SUV in Tennessee, add 2,000 jobs

July 14th, 2014 11:43 am by ERIK SCHELZIG and TOM KRISHER, Associated Press

The German automaker announced Monday that it will invest $600 million to expand the factory and set up a new research center that will employ about 200 engineers.

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Retail, residential may mix in plan

Retail, residential may mix in plan

July 12th, 2014 8:51 am by Nathan Baker

A Charleston, South Carolina, developer holding a contract on a corner Johnson City property asked that the rezoning of the land be put off for a month by the city Planning Commission to allow him to better understand the surrounding neighborhood.

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Work begins at rumored grocery store site

Work begins at rumored grocery store site

July 10th, 2014 9:14 pm by Nathan Baker

A construction crew started digging this week on an empty West Market Street lot where German discount grocery store Aldi has still not confirmed its intentions to build its first store in the Tri-Cities.

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Tiny home, big show: Unicoi County family set for reality TV debut

Tiny home, big show: Unicoi County family set for reality TV debut

July 9th, 2014 9:34 am by Brad Hicks

The owners of Erwin's USA Raft will be featured on a reality television series this month highlighting their 331-square-foot cabin.

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Update: Power restored in Piney Flats

Update: Power restored in Piney Flats

July 9th, 2014 8:02 am by Staff Report

Power has been restored to the homes and businesses in Piney Flats affected by a vehicle crash that damaged utility lines Wednesday morning.

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Update: NN Inc. to offer jobs starting at $75K

Update: NN Inc. to offer jobs starting at $75K

July 7th, 2014 11:51 am by Nathan Baker

A local manufacturer with an aggressive expansion plan will retain its corporate headquarters in Johnson City, with intentions of moving hundreds of high-paying jobs to the former SunTrust Bank building on the city's north side.

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Business & Technology
Rezoning request made for busy site

Rezoning request made for busy site

July 3rd, 2014 9:15 pm by Nathan Baker

A parcel of land on the northeast corner of South Roan Street and University Parkway is under consideration for a new zoning overlay, making way for an unspecified commercial project.

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No variation: BZA approves Evolve variance for 2nd time

No variation: BZA approves Evolve variance for 2nd time

July 1st, 2014 10:34 pm by Nathan Baker

Evolve Development once again has the parking variance it needs for the 216-unit apartment complex planned for construction at the former Model Mill site. But the debate over the appropriateness of the project and the intervening lawsuit go on. Which side

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GM recalls 7.6 million cars for ignition switches

GM recalls 7.6 million cars for ignition switches

June 30th, 2014 3:27 pm by Associated Press

General Motors is recalling at least 7.6 million more vehicles dating back to 1997 to fix faulty ignition switches as the company's safety crisis continues to grow.

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