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Home   >   Business
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.
Ferrero may sweeten a Hershey bid for Cadbury
Web-posted 11/19/09
HARRISBURG, Pa. --- Hershey, hoping to expand its overseas presence, has lined up a potential partner as the most recognizable name in American chocolate considers starting a bidding war for British candy maker Cadbury PLC.
Delta offers $1 billion for Asia air links
Web-posted 11/19/09
TOKYO --- Delta Air Lines and its alliance partners said Wednesday they are making a billion-dollar offer to lure loss-making Japan Airlines from its affiliation with American Airlines.
Biz bits
Web-posted 11/19/09
PLANO, TEXAS --- J.C. Penney will stop publishing its twice-yearly "big book" catalogs, now that customers increasingly shop online.
Electrolux headquarters leaving Augusta
Web-posted 11/18/09
Three months after one Swedish-based company announced that it was moving its American headquarters out of Augusta, its former sister company is following suit.
Leaders inducted into CSRA Business Hall of Fame
Web-posted 11/18/09
Three businessmen and one businesswoman were honored at the CSRA Business Hall of Fame induction ceremony on Tuesday night.

D.R. Horton sees 26 perecent spike in 4Q orders
Web-posted 11/20/2009
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.

CAPITAL CULTURE: Sotomayor adds celebrity to court
Web-posted 11/20/2009
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 11/20/2009
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 11/20/2009
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.

Americans save more but earn less as rates fall
Web-posted 11/20/2009
The U.S. is finally becoming a nation of savers. Now if only we could get something for our money.

Small Florida bank shuttered, 124th this year
Web-posted 11/20/2009
Florida banking regulators on Friday shut down Commerce Bank of Southwest Florida, marking the 124th U.S. bank to succumb this year to the struggling economy and rising loan defaults.

J.M. Smucker 2nd-quarter profit soars on coffee
Web-posted 11/20/2009
J.M. Smucker Co. nearly tripled its profit in the second quarter as the addition of Folgers coffee gave a jolt to its lineup and lower commodity prices for coffee beans and other items fattened its profit margins.

Wall leads No. 4 Kentucky past Miami, Ohio 72-70
Web-posted 11/20/2009
John Wall proved to be worth the wait.

Figures on government spending and debt
Web-posted 11/20/2009
WASHINGTON
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