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Ellis Smith

Stories by Ellis

Chattanooga's biggest banks performed better than expected in the final lap of 2012, beating Wall Street estimates in spite of uncertainty related to the U.S. fiscal cliff and debt ceiling negotiations.

I've learned over the years that modern buffet restaurants bear a striking similarity to Russian roulette.

Bankruptcy trustee Jerry Farinash has asked for a restraining order to stop the family of former tax preparer Jack E. Brown from hiding assets owed to victims of his alleged Ponzi scheme.

A watchdog group claims a Chattanooga-based Internet payday lender and philanthropist may have violated federal law by funneling a $1 million donation through his long-time associate.

Jack E. Brown's alleged Ponzi scheme was a family affair that included his wife and son among the conspirators, victims said Tuesday at a bankruptcy hearing.

Accused Ponzi schemer Jack E. Brown suddenly experienced heart palpitations today as about 50 creditors waited in a basement room to hear his explanation of what happened to more than $12 million they are owed.

Krystal has announced plans to rebuild its tornado-ravaged Ringgold restaurant, having dealt with initial worries that $32 million state road project would make that impossible.

The bankrupt tax preparer accused of looting the retirement accounts of retirees and widows will not get a fresh start.

Name: Chattanooga Detail Location: 1944 Dayton Blvd., Red Bank

Name: The Pavilion at Panorama

A Soddy-Daisy tax preparer accused of engineering a massive Ponzi scheme is resisting efforts by officials to uncover millions of dollars allegedly squandered in the scam.

Like a proud parent with a picture of a baby, Comcast is ready to show off its newest creation.

The letter arrives in an official-looking envelope from what appears to be local utility Tennessee American Water.

TULLAHOMA, Tenn. — A few miles down a featureless highway, just past the sinking pond and the goose pond, there's a break in the trees.

Chattanooga-based U.S. Xpress added to its trucking empire this month, as subsidiary Arnold Transportation Services agreed to gobble up competitor LinkAmerica Corp to create the 32nd largest truckload operation in the U.S.

In one of the biggest deals of 2012, Calhoun, Ga.-based Mohawk Industries will purchase Italian tile giant The Marazzi Group for $1.5 billion.

Comcast is set to raise rates an average of 4 percent for Xfinity customers starting in 2013, and AT&T's not far behind with price hikes for its U-Verse customers.

Soddy-Daisy tax preparer Jack E. Brown will lose his firm in the first step by bankruptcy trustee Jerry Farinash to track down millions of dollars of investors' money that has disappeared.

The Mayans may be right. Prepare for the worst. In a sign that the apocalypse could occur on schedule this December, Republican Robin Smith and Democrat Albert aterhouse have together formed a new consulting agency, SmithWaterhouse Strategies.

Here's a riddle: two friends in a garage come up with an idea. Within a decade they've grown the venture to $385 million in sales and are well on their way to employing 1,000 workers.

Chattanooga-based Access America Transport will more than double in size through the next five years, the company announced Monday.

Propex has slashed 30 jobs at its Chattanooga headquarters and another 10 workers at its geotextile plants due to shrinking government spending worldwide.

Niko's Southside Grill, which helped spur Chattanooga's Southside revitalization, will permanently close its doors on Dec. 22.

A new oasis of nourishment will slice Chattanooga's food desert in half, as a new grocery store takes shape on the city's Southside.

Carter Distributing, a family-owned Miller-Coors beer distributor in Chattanooga, is elbowing its way into the liquor business.

Chattanooga executive T.J. Gentle brainstormed with President Obama's top economic advisors Thursday in an effort to help them dodge the fiscal cliff budget bullet.

EPB has launched a portal that streams video content to users through their personal computers, a service that will compete with existing offerings from Comcast and AT&T.

Name: Integra Hills.

Most people don't realize that Todd Lindstrom is completely deaf.

First they were biscuit barons, then pizza princes. Now, they've extended their restaurant empire to encompass the realm of the double-entendre.

For the first time in decades, Chattanooga's premier bicycling team won't be sponsored by a fast food company.

Chattanooga has levied the largest stormwater fine in city history -- $50,500 and counting -- against developer Don Walker.

Name: TownePlace Suites by Marriott

The sweet smell of entrepreneurship filled the fourth floor of of the Chattanooga Public Library on Thursday, as 18 presenters lobbed their best moneymaking ideas into a crowd of more than 325.

A neighborhood tax adviser may have fleeced millions of dollars from close to 40 Chattanooga-area clients in what police officials say could be the largest such crime in Soddy-Daisy history.

A trustee was appointed today in U.S. Bankruptcy Court in Chattanooga for the Brown’s Tax Service case, in which millions of dollars invested by Soddy-Daisy retirees are alleged to be missing.

Most Tennesseans would be overjoyed to stumble upon $10,000. But when two checks for $5,000 each are found littered among a stack of yellowing papers on the desk of the former internal audit director for a major state agency, it's cause for concern.

The state of Tennessee failed to keep track of almost $150 million in taxpayer dollars as part of a government program to fund startups, state auditors have found.

It's time to banish duplexes to the dustbin of history, Hilltop Neighborhood homeowners argued on Monday.

Outside of Monty Python's Holy Grail universe, there are very few instances in which it makes sense to ask whether something — or someone — will float.

Chattanooga's airport board on Friday approved a $5.07 million expansion over the objections of existing fixed-base operator TAC Air, which has blasted the expansion as a waste of taxpayer dollars.

The Dixie Group missed Wall Street expectations by a penny per share in the third quarter, even as the Chattanooga-based carpetmaker grew earnings to $265,000 from $22,000 in the third quarter of 2011, a profit of 2 cents per share. Analysts had expected earnings of 3 cents per share.

Developers on Wednesday received approval for their entire 46,000-square-foot North Shore Publix plan, adding additional retail space and rotating the building after they earlier had claimed such moves were not feasible.

Chattanooga's new Publix is either the greatest development on the Tennessee River's North Shore or the most egregious betrayal of zoning rules since the nearby Walgreens was approved in 2005, depending on the speaker.

With the vast majority of precincts reporting, Tennessee’s incumbents posted wide leads over their challengers.

Dunlap, Tenn.-based Citizens State Bank is buying four branches of the Peoples State Bank of Commerce, as well as the deposits and loans at those branches.

The Federal Reserve will continue its bond-buying program to keep interest rates near historic lows until the U.S. labor market returns to healthy levels, Federal Reserve Governor Dennis Lockhart said Thursday.

Unum experienced "a good quarter" this summer, growing income and beating analysts' expectations for profits, Unum CEO Tom Watjen said Wednesday in releasing its third quarter results.

Many restaurants in the Chattanooga area offer great service. Some price their menu items affordably. A handful also offer a wonderful wine, cheese and meat selections. You almost never get all three.

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