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Home   >   Business
Foreign buyers return to real estate
Web-posted 11/21/09
Canadian investor Arthur Wong is buying condos in Las Vegas and Phoenix like a shopper at Costco: in bulk, with slashed prices.
Temporary jobs muddle October's better figures
Web-posted 11/21/09
WASHINGTON --- In a sharp improvement, more than half of U.S. states added jobs in October, though economists said many of the gains likely occurred in temporary employment.
Americans save more but earn less as rates fall
Web-posted 11/21/09
NEW YORK --- The U.S. is finally becoming a nation of savers. Now if only we could get something for our money.
EBay store 'pops up'
Web-posted 11/21/09
New York shoppers browse eBay's first "pop-up" store -- so called because it is temporary for the holidays -- previewing select items and using Internet kiosks to shop.
Biz bits
Web-posted 11/21/09
NORTH CHARLESTON, S.C. --- Work has officially started on building Boeing's $750 million aircraft assembly plant in South Carolina -- the largest industrial investment in state history.
Some shoppers start early to avoid crowds
Web-posted 11/20/09
Ed Luckey doesn't like shopping in crowds, so the Augusta man started his holiday shopping early this year.
Kellogg's gets OK for $30 million in bonds
Web-posted 11/20/09
The Development Authority of Richmond County on Thursday approved the issuance of $30 million in tax-exempt bonds to finance the expansion at the Kellogg's bakery in south Augusta.
Augusta, MCG lobby with biotech industry
Web-posted 11/20/09
Georgia's profile as a place for biotech industry was raised overseas by an international convention in Atlanta and ongoing collaborations with foreign universities. Now, it is time to take advantage, the president of Georgia BIO and Medical College of Georgia leaders said.
University Hospital opts for fixed-rate bonds
Web-posted 11/20/09
University Hospital is switching $151 million in bonds from a variable to a fixed rate in hopes of getting away from a volatile and unpredictable market where rates can fluctuate from 3 percent to 15 percent at times.
Biz bits
Web-posted 11/20/09
WASHINGTON --- A gauge of future U.S. economic activity and a report on unemployment benefits signaled Thursday that the recovery likely will remain weak in the coming months.
Job losses in Georgia resist U.S. recovery
Web-posted 11/19/09
ATLANTA --- Georgia remains mired in a severe employment recession, even as the rest of the economy enjoys a modest recovery, according to an economic forecast released Wednesday that predicted Augusta's work force will shrink by 2.5 percent this year and 1.8 percent the next.
Late card payments soon to cost rewards
Web-posted 11/19/09
ATLANTA --- Another fee is coming in the new year for airline and hotel customers -- this time from your credit card company.
Cell phone cuts create a bonus for Atlanta
Web-posted 11/19/09
RALEIGH, N.C. --- Cell phone handset maker Sony Ericsson will move its North American headquarters from North Carolina to Atlanta and close a half-dozen sites worldwide as it retrenches against what it expects will be a tighter market and cuts about 1,600 jobs globally.
Home-building frets as recovery dawdles
Web-posted 11/19/09
WASHINGTON --- The budding economic recovery isn't getting much help from the home-building industry, which normally creates jobs and drives growth when a recession ends.

Russia president criticizes ruling party over vote
Web-posted 11/21/2009
Russia's President Dmitry Medvedev on Saturday sharply criticized officials in the ruling Kremlin-backed party for manipulating recent regional votes, saying it must learn to win fairly.

Historic health care bill nears key Senate vote
Web-posted 11/21/2009
In a show of unity, Senate Democrats sealed a 60-vote majority needed to advance health care legislation Saturday ahead of an evening showdown with Republicans eager to doom the bill and inflict a punishing defeat on President Barack Obama.

LyondellBasell gets buyout offer from Reliance
Web-posted 11/21/2009
LyondellBasell Industries said Saturday Reliance Industries offered to acquire a controlling interest in the beleaguered chemical company, which is under Chapter 11 bankruptcy protection.

D.R. Horton sees 26 perecent spike in 4Q orders
Web-posted 11/21/2009
Homebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares tumbling more than 15 percent Friday.

More Americans expected to travel for Thanksgiving
Web-posted 11/21/2009
The number of Americans traveling away from home for Thanksgiving will be up only slightly this year from 2008, according to a report from the AAA auto club.

CAPITAL CULTURE: Sotomayor adds celebrity to court
Web-posted 11/21/2009
Apparently, no one told Sonia Sotomayor that Supreme Court justices are supposed to be circumspect, emerging from their marble palace mainly to dispense legal wisdom to law schools, judges' conferences and lawyers' meetings.

Stocks fall for 3rd day as dollar strengthens
Web-posted 11/21/2009
Investors can't shake their fears that the economy isn't keeping up with the stock market.

Ex-Vivendi CEO: I made mistakes but never misled
Web-posted 11/21/2009
Former Vivendi CEO Jean-Marie Messier told a jury Friday he made mistakes in his troubled bid to turn the French water company into a global media giant, but he never misled shareholders about the risks.

Texas high court agrees to rehear Exxon case
Web-posted 11/21/2009
The Texas Supreme Court on Friday said it will again hear arguments in the nearly 15-year legal battle over accusations that Exxon Mobil Corp. loaded abandoned wells with junk, sludge and even explosives to keep other companies from drilling there.

Americans save more but earn less as rates fall
Web-posted 11/21/2009
The U.S. is finally becoming a nation of savers. Now if only we could get something for our money.
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