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Local boat store lights up the holidays for employees and local charities

Updated: 12/18/2008 - It's one of the largest light shows of it's kind in the country and it's right here in East Tennessee. Shadrack's Christmas Wonderland started in Bristol, but has now made it's way to Knoxville. But the amazing light show isn't just there for entertainment. It's also there so employees at Shadrack Watersports and RV keep their jobs.

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UT President, exec. staff to take pay cut, give up staff cars

Updated: 12/18/2008 - University of Tennessee President John Petersen and his entire executive staff have decided to take a voluntary pay cut as well as relinquish vehicles provided by the university, according to a University of Tennessee release. It's a move that will save the university system nearly a half million dollars, UT says.

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Eastman enters Korean joint venture

Posted: 12/18/2008 - Eastman Chemical Co. and Korea-based SK Chemicals Co. Ltd. are forming a joint venture to build a manufacturing plant that will produce cellulose acetate tow, a raw material used primarily in cigarette filters.

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Feds rank Tennessee nursing homes third worst

Posted: 12/18/2008 - The first federal effort to rate nursing homes ranked Tennessee third worst in the nation and gave 30 percent of state nursing homes the worst rating possible.

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Deputies shoot armed suspect after three separate incidents

Updated: 12/18/2008 - Knox County deputies shot a suspect who they believe is behind three separate armed assaults Wednesday night in Knox County after he reportedly opened fire on officers, according to a Knox County Sheriff's Office release.

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Cheaper to lend: more likely to borrow, spend?

Posted: 12/17/2008 - The Federal Reserve's decision to cut its "overnight" lending rate to a record low 0.25 percent likely won't find its way to your mortgage lender or bank any time soon. But rates may not be the only fear factor hindering lending or borrowing.

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East Tennessee lights up for Christmas, pt. 1

Posted: 12/17/2008 - In the first part of a a three part series to include some of the best Christmas lights done by folks here in East Tennessee, Volunteer TV takes you to a home on Ebeneezer Road.

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Halls bank robbery suspect arrested at Knoxville motel

Updated: 12/17/2008 - The man investigators believe robbed the Regions Bank branch at 7005 Maynardville Pike Tuesday morning was arrested Wednesday morning at a Manolia Avenue hotel, according to a Knox County Sheriff's Office release.

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Marines play Santa for children across East Tennessee

Updated: 12/17/2008 - For 61 years, the US Marines have been playing "Santa" for needy children all across the United States. But like a lot of programs this year, "Toys for Tots" met some struggles because of the economy.

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Fire Marshal closes three UT fraternity houses

Updated: 12/18/2008 - Residents living in three on-campus fraternity houses have voluntarily closed their doors after a Tennessee State Fire Marshal found several fire code violations during inspections.

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OPEC cuts 2.2 million barrels a day

Posted: 12/17/2008 - OPEC says it is cutting 2.2 million barrels a day from its output -- the largest ever at one time -- to stem crude prices that have plummeted over 70 percent from summer highs of nearly $150.

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