The Knoxville News-Sentinel from Knoxville, Tennessee • 28

ce Thursday January 8 1996 The Knoxville News-Sentinel BusinesBrie Economic in Leader: Aquarium will stir other development Hiring begun for stores Kohl's has begun hiring the 480 fiiD and part-time woken that will staff its three Knoxville stone get to open in March the He also said location would be a fictoc By Georgiana Vines New Sentinel deputy imniQlno editor A Sevier County economic development leader predicted Wednesday an announcement that Ripley Entertainment of Oriando Fla plane to develop a $40 mOban aquarium will open the door fir other mqjar developmental Hue is not a pipe dream ift a Baid Allen Newton executive director cf the Sevier County Economic Development Council in SevierviDe a company such 8S that an internationally known company investing $40 million in our county it speaks with a tremendous voice about what wefoe doing Wb believe this is going to open the door fir other development" Whether it will mean other compames considering Sevier County fir an aquarium will come through wifli a similar proposal is question he said nave been aquarium proposals by There ((This Is not a pipe dream a reality It speaks with a tremendous voice about what doing We believe this is going to open the door for other development j) Altai Newtoi Executive director of the Sevier County Economic Development Council Tm not sure how viable either one Newton said He said BASlSL planned a freshwater aquarium while Ripley is planning a saltwater aquarium Ached if Sevier County could support two aquariums Newton said ne didtft know yea but not in one relative bothbel Attempts to reach spokesmen fir Kvobhiff Landing which built the Lee Greenwood Theatre and BASEL fir comment were unsuccessful Wednesday Ripleyb planned l-nrifion-gafion saltwater attraction is being considered for one of five aitea ft is scheduled to open fay Christmas 1999 Hm dtounilrwiwAwtiffi fafaAi 1 parcels in SevierviDe on Highway 66 near Interstate 40 the Govemort Crossnf devdopment between SevierviDe andPigean FbrgB and fin Gatiinburg near the old i Greystone hm Newton said the cities cf Gatiinburg Pigeon Florae and SeviervDIe had an worked an the Ripley project through bis office He eaScl Bdievefti Master Theater and Guirmeoe Records in Gatiinburg knew the market so it dkfaft take too modi selling "WeVe real excited" Newton said company announced The stores are being built near Centex the firmer East Tbwne Mall at the Centre at Deane H31 aooss from Wbst Tbwn Mall and in BuraguL Prospective employees can contact Kohls by calling its The voice-automated system vnQ then ask caDere fbr an actenraon For the East Knoxville store enter 353LTE the West Knoxville store 353LIR and the Fanagut store 353UKL About 80 percent of starecr merchandise voQ consist of apparel and footwear and the remaining 20pereent is mexchande nr the home The company bills itself as offering moderatdv-nioed nwriiHnHw inw ny fa stOTBS mnwritnivi aisles centralized checkouts and ample parking Kohfa based in Menomonee PMsl WiaL opera 21 states Finn buy property management division Wallara and Wallace Realtors announced it has purchased the Ptoperty Management Division of Prudential Ybtunteer Realty Sara Blaness and IJnda Redmond property managers for Wallace and Wallace will be responsible fir directing the enlarged division The firmh preneriy nMnagammfc diwiidwi tott numagna whtwfc 250 stogie family nomea four condominium complexes apartmefit irnipmn nffina hniMhi mvl wirirnirniiil wryWn Journal Broadcast buys 2 more stations Journal Broadcast Group toe owner of WWST-FM and WMYIHFM plana to purchase two more radiostatians in KhoxviDa Journal signed an agreement to buy WQBB-FM and WQBB-AM from Sequoyah Communications of Tbimessea If the sale is approved by the Federal Ccamnunications CommisBion Journal will begin operating the stations this soring The 12 employees at the FM big-band station end the AM talk-radio station will remain in place said Mary Alice Tierney spokeswoman fbr Journal FedEx raises US rates Federal Express Corpi w31 raise rates an average of 3 percent to 4 percent for rimmento within tire United Staten effective Si i Sunday Ffeh 15 was announoed a week the andBase mentioned one developer Base Anglers xtioned one of file Lee Greenwood Theatre Sportsman Society which in conjunction with the poaeibte relocation of da headquarters to Chattanooga (which abeaffy has Sevier County aquariumv Tf they are two different ones if mTrilar Newton said It would be the same tiring Poor airwaves auction winners get payment time By The Awoclited Free 1 WASHINGTON Cash-strapped compames that bid billions fbr wirdess phone toxMnfch reports i 9foA rfn Mhnulfa fa afftssMon 07JMW ttaoogll ytdUl pRKBttttOBB tf OBbwwttlL GtRfAlMIS iocinauniHasiuini Offered tbnugh the OT Cmcor OntaUUMMSbii Wood Auditabm Ml 544-USOfix and now carit pay fbr than wiQ get a little more time firm the government to choose payment options The Fhderal Communications Commiston on' Wednesday derive Thursday Fbbi until naffy four options of relief offered by the FCGm a plan adopted in Septam- her Winners in an airwaves auction reserved fir small businesses and conducted fat 1996 pledged $KX2 billion fir Doenses firthe next generation of wireless communication known as PCS But some of the on' tided to give companies 'until -26 rather than Thursday Jan 15 as orfei-required to select one of lhtAnmiam BtotohmCriikMyCun Jojctiyn Bden ND RBrarai8BqecBGBBtl after United Parcel Sendee announced similar Mkaa It comes as FbdEx pilots represented by the FbdEx Pflote Association prepare to vote on a contract giving them 11 permit wage increases over four yearn FbdEx which began distance- based pricing last July 1 has hot had an across-the-board increase in four to five yearn FbdEx declined to list any specific cost items as reasons fir the boost FbdEx said rates fa international priority shipments from the United States to the 211 countries it Berves remain unchanged fti Dec 31 UPS said it would raise rates on most domestic services effective Fbh 7 Bates will rise 33 bereent fir domestic air emrees service while standard ground commercial rates in the united States and Puerto Rico will increase percent States want to cooperate BRISTOL Tferm Tbrmeesee and Virginia plan to wok together topromote economic growth in northeast Tbuneesee and southwest Virginia fire govexnon of thoae states said Wednesday Goa Don Sundquist Of Tbuneesee and Gov George Allen of Virginia arnmuncea a 12-member task fine that wul study ways todothat The two governors have met in Bristol several times since 1995 to encourage regional cooperation and development Bristol KondtyJnmnU 6i45-7ri)0pia ttrfmiity Medical PtinatHafa 4005 Rxntain WDqr Drin taeisBriniLCtil! toreghta 0rt Mn Should Sbry? lonam Slritoo KD Ofadol bstnxtoc Nefidne pjahognai UTDabtfesCmtaUTliedkat Cnta Coot: $8MXL come in baric fistotes umqamt MOuL-nocn Vfltaai nnl tin ill wMi EhUm JWIlIHUfflPWi (hots Rocnotion Ctnba MkoWk CdSdMtoStor 14 9a0-10a6satee Mood pRMm nmakq InaMtumn: A Common AAOupn ND ArrirtutRoioiocuSiirgay AnodtylosaxySO ArthrititOjima AndnofAstbper JoKpfaDrfloalCr tonoowflle Ofcttiopedic Ctinie MoniooiCIt Confciuice Codec UT Hotel Grate Dm mduz Cril 470-7000 toreghte Sundquist Baid "When a company is looking fir a place to locate we want to ficus on bringing them somewhere in this fit Aifiritii Rxnditioa mdUTlfedkatCnts 5444355 unnn living with VSBallLteteND Nodical Unete OT Diibete Owte SX NFH CUE i Dincte 01 Dtibetco Cato NondretasayM SmndPtcdytcrian 100-115 La Rogm 2829EngtlinKkei AfaofingoBtjdcMiiod noeoamaUlSC ghtcoot ooocdiq cowtcw of Ufooon bn sill teMd ate tin later said they couldn't pay new mobile phone Dcersne and stead the FCC fbrrehef The FCC bee been asked to reconsider its order but Commissioners Susan Ness and Michael Riwtil said companies should not be banking on hg changes in the bailout plan "Our decision to delay the election date should not be Ness said Tt should not be read as a signal that substantial changre tome optionsdevised in September are probable Based upon the record to date I believe it be made1 Said IhweD: It would be unwise fir anyone to read into tiris extension a willingness by tiris new Mwnmiwnnn to Vary region rather then westing a lot cf energy worrying about which bub cf the state line they pick I think that approach is going to pay dividends in the long The Tbnnesseara on the task force era: United Telephone executive John Brooks Hancock County executive Mike Harrison Bloomington Broadcasting president Ken Maness Hawkins County industrial developer Ronnie Price attorney Ed Williams 'and Kingsport Times-News publisher Ketih Wilson Names in the news AppdlaMa Business Sendees an independent copier dealer in Knoxville fbr 28yean has become an authorized dealer of Tbehiba brands Owned by Ftaul Fbwleq the company ako carries Sharp branded products Laurence little and couroo in boric iBabetai nmogenoot ItaeodryaidMneaifay Ikdwoiiy Hotel Ftia at MnoiylOmlll Halft4005FoutitiiBWky MOuoxioon Driw Coot: $20to 1 ML 544-M5I to somite Wrri Hotel fchool Ihnisdqa Hood AuteriuaDT Nodical Conte Coot $2Sj00i Cd 5444355 to tejfite ApopteriiHWttaymirftgaidetDDiodidno proomtod by BT Hotel Coder badly MnnylHtanbZi 30pA 8eott iBlUgan have estahfiahad the law firm Httie ft MiDigan located in tnB Regency Buemese Ruk in KoocviDa Nondry ftbriny 23 1030-1130 lb nognra nmcamay mod original crdec QnhOMMHmBwlH Mico Village RnoeiOBinii Cd 54443S5 to roogiste Dteuw of Ac Know Sydnc AacxAy ftoSMorAderi 3dmD0otayND Ordeal AaiOad tatate Nodidne Motel Mtecte Cdo Henrofldenoo Coder iiiiiiiBiRiiiiumiiuwLmssis SzconoocdbaNoiidags Nodical 1 UTNAd Conte SZSdLCd 5444355 to aakte Hrtkof atadydafla Mate pmMhbcibodtfao find stages of mamg labor md ddwrebmtMng Jaadigt and rearing tedmkpte and too diuactedotici 73IKM0 ofanesbom orrixcomocdiw The Standard ft Rxxh list repaired most of a 14-fiDtog just 238 to rthafstadyCboi Sfar comocdivt Vodnoodte 730430 pjL UdieuityHedialFiaa muBhuC nlUE 11160 CngrionFiko $25301 Cd 544-655 to sogiite Sobndof M0ajL-330pA BbfitfahnSyoaeftyi Robcoher oouat that sooicM hospital mm nwC toSar fttedf Hotel Ilaia xvnnx nxmv llUOungUsn FQoo Cd 544-655 By Bnice Meyerion Vanrlitml Prm busineM witor NEW YORK A late surge cf bargain hunting left mt stodt measures only slightly lower Vfedneedqy ae investors continued to puade over how much US compames are being hurt by the economic crisis in Asia The Dow Janes industrial average down nearfy 160 points in early afternoon finished just 338 lovrer at 790237 after mounting an 85-point raQy over the final 15 wiiimtw of traoing The late taffy also wiped out tiie bulk of the dayb looses fir most broad-market indicators hut the technology group considered most vulnerable to me troubles overseas legged the rebound Meanwhile in a fresh reminder that the Asian backdrop may not stabilize fir mnw time Hons Kongfe main stock fadur tumbled nearly 6 percent on Wednesday ana several other markets in Southeast Asia also fill as many local currencies Bank to new Iowa Dedining issues outnumbered advancers by a 3-to-2 margin on the New rctk Stock where volume totaled 65530 mil-licn shares as of 4 pirn 73M30p A but the technology-heavy NASDAQ composite index finished 1R44 lower at 136L70l -1 Tta NYSE composite index fill 115 to 50618 the American Stock Exchange cnmpnwfa fawfar fin a74 to 67429 end the Bus-sen 2000 Tndar of anrfw companies 331 to 42979 Bends also fin Wednesday as traders secured some profits from this weekb rally The yield cm the 80-year Treasury mss to 578 percent on Wednesday lridi on wbat to expect podtiaring fie boby nailing tapubBc aid retaniiig to woik OT Hotel Crdec Cat $1030 Cd 5444355 to Kgbte- Mi SI I'I'Uk'l Sunday Mrearr 15 330430 pji BmiCmi Pfntpff DT Nodical Csta rn OT Hotel cd data sea haw toot (Mn help to tfaooMitio aVowd one ESPN Magazine targets young readers Oddmflr (agnO-lZ) Hoots oecondThuadw of oodt acute 030 pjL The magaane hopes to reach circulation of 2 milMi in four years which fay current figures would put it second to SL wiD lag those three as wdL Several ESPN Magmane Stafford including editor in chief John Rranek once waked fir SL -But ESPN Magazine targeting hopes a Upper approach will drew some readers away from its competitors and buDd a following of Magazine targeting 18-31 hopes a hip- i will drew some Third of each Hearst published 12 special ESPN Tbtal Sports issues hiring 1995 and 1996 which were successful enough nr ESPN to move full-time into print said John Skipper general manager of nmiMuinnnH A xodied bdonutba ocnioo oteed by the Ftaton Hotel Unay staff UT Nodical Conte By Erie Quinones AisociatsdPmtt busmen writer NEW YORK A new magfa xine bom from a pop-culture icon is making a loud noise in tide yeart parade of new publications ESPN Magazine touts a fresh approach and is viewed as a Ukefy success among the hundreds of new magazines that come and go every year Tbunger readers are a key focus of the Swetiffy that wDl arrive on i MardilL The magazine is hacked by Writ IKsney Got which owns 80 percent of ESPN od Hearst Corpi which owns 20 percent of tiie network In its path ft Sports Illustrated which rinrahvitfla the category with a circulation of i 33 mHw and nalW i tare Sport Inside Sports and1 Sporting News With a projected 1998 tircula-tion cf SSOyOOOraPN Magazine Onadiatfaxs with 20 healfrkifaraationtqfabycaDing34iioofa "Most sports magarines have been around a long time and don't know how to speak to the yomiger reader: We Rooney said Sports is part of popular culture todsy ana that is going to be reflected this magazma" ESPN Magazine will not focus stories in- on odwnco of sooting mould be able to bring over same of the advertisers that have been on TV but not necessarily been in said Jamie Rhind media director at ad agency Averett FVee ft Ginsberg Fbr a with such a strong presence on television and the Internet ESPNb firay into tiie meg18 industry indicates that media companies must remain weU-rounded said Samir A Husrri a journalism professor at the University cf Mjaewsipri Tt goes to mow to all these prophets of gloom and doom that print wstiD he said Heed adqniciin or epedd xetel oenice? This oenico con hdp find aptvridanneirjoiL THE UNIVERSITY Medical Cents stead leaning on broader features and previews as well as items from petsouditiBB from the net-wotkh flagship BportsCentet" Attention also wDl be paid to alternative sports such as skateboarding and mniintnin biking totittzact younger readers.