US markets rebound a day after plunge

NEW YORK — U.S. stocks rebounded Wednesday, recovering a significant portion of their losses from the day earlier. Investors remain on edge after the latest market plunge, which was triggered by more signs of slowing growth in China.
By Ken Sweet

Georgia factory activity slowing

ATLANTA - Production, employment and sales at Georgia factories are braking, according to the most recent Purchasing Managers Index.

Partridge Inn officially part of Hilton boutique brand

The changeover at The Partridge Inn from independent boutique hotel to a Hilton-affiliated property is offically complete.
By Jenna Martin

Fed survery finds housing, auto sales boosting growth

WASHINGTON - While U.S. housing and auto sales showed strength over the summer, manufacturers were feeling pressure from China's economic slowdown and the oil industry was squeezed by lower energy prices.
By Martin Crutsinger

West Augusta apartments sold for $19.9 million

The 200-unit Century Hills apartment community on Alexander Drive has sold for nearly $20 million.

Toy maker Lego sees strong growth, profit in all regions

HELSINKI — Lego says its popular multi-colored toy blocks were in strong demand around the world in the first half of the year, boosting its earnings and the outlook for the full year.
By Matti Huuhtanen

Survey: US businesses hired at steady pace in August

WASHINGTON — U.S. businesses added jobs at a steady pace last month, with construction and manufacturing showing solid gains, a private survey found.
By Christopher S. Rugaber

Columbia County seeks upscale hotel

Commission Chairman Ron Cross said the hope is to create a complete convention center that will incorporate the county's $7.3 million, 47,000-square-foot Exhibition Center.
By Steve Crawford

Augusta health care company sells home care business

Augusta-based hospice and home health care company CareSouth Health System is selling its home health care business unit to Encompass Home Health for $170 million.
By Tim Rausch

NFL hall of famer seeks home for staffing agency

Former NFL player Jerome Bettis toured three hospitals in Augusta on Monday and said he came to the area to look at possible sites for his new online employee sharing company Job Pool.
By By Jenna Martin

Boutique opening Thursday in Augusta Mall

Women's retailer Apricot Lane Boutique will open Thursday on the mall's upper level across from H&M, according to a press release.

Articles from the Business section archive

Friday, Aug 28, 2015

Unisys, Medac office projects finishing up

Construction workers have been clearing land and building several industrial projects across the area, but it is the major office projects that are ready to open. 
By Tim Rausch

Thursday, Aug 27, 2015

US stocks jump after Chinese market surges

Investors were in a buying mood again on Thursday, driving U.S. stocks higher for the second day in a row as they took advantage of this month's heavy sell-off.
By Alex Veiga

Stock turmoil won't affect Augusta, report says

ATLANTA - Ignore the fluctuations in the stock market because the Augusta economy is continuing to grow and add jobs, according to a university forecast released Thursday.
By Walter C. Jones

Forecast: Stock market rollercoaster won't dampen Augusta economy

Ignore the fluctuations in the stock market because the Augusta economy is continuing to grow and add jobs, according to a university forecast released Thursday.
By Walter C. Jones

US economy surged at 3.7 percent rate in second quarter

WASHINGTON - The U.S. economy staged a far bigger rebound last quarter than first thought, outpacing the rest of the developed world and bolstering confidence that it will remain sturdy in coming ...
By Martin Crutsinger

Retail development sought near Patriots Park

William Few Parkway could see more commercial development in the near future.
By Jenna Martin

Residence Inn opening in Augusta next week

Residence Inn by Marriott is scheduled to open on Marks Church Road in Augusta on Monday.

July unemployment rises for Augusta area

A decrease in jobs in July and a higher number of people seeking work this summer drove up the metro unemployment rate to 7.1 percent.
By Tim Rausch

Chinese stock index up today

BEIJING — China's key stock market index surged 5.3 percent today, its biggest gain in eight weeks, as markets across Asia rose following Wall Street's rebound, giving investors some ...
By Joe McDonald

Wednesday, Aug 26, 2015

Airlines increasingly offer deals for off-peak travel

ABOARD AMERICAN AIRLINES FLIGHT 1223 - Don't expect widespread sales or cheap flights home for Thanksgiving.  But a number of cities are seeing ridiculously low prices at off-peak hours.
By Scott Mayerowitz

US stocks surge, snapping 6-day losing streak

The Dow Jones industrial average rocketed more than 600 points Wednesday, its biggest gain in seven years, snapping a six-day losing streak that had Americans nervously checking their investment ...
By Alex Veiga

Business news

NEW YORK - Dish said Wednesday that some channels have gone dark for more than 5 million of its customers because of a fight with the channels' owner, Sinclair Broadcasting. Dish said that 129 ...

New facility, owner for Augusta Infiniti dealership

Augusta's Infiniti dealership is in a new facility, with a new owner.
By Jenna Martin

NY Fed chief not confident in September rate hike

WASHINGTON - The head of the New York Federal Reserve Bank said Wednesday he's less inclined to support a Fed rate hike in September amid recent global turmoil, including falling oil prices and a ...
By Martin Crutsinger

Some Dish channels go dark due to spat with their owner

NEW YORK — Dish said Wednesday that 129 local stations in 79 different markets have gone dark for its customers because of a fight with the channels’ owner, Sinclair Broadcasting.

Burger King to McDonald's: Let's make a McWhopper

NEW YORK — This probably isn’t what the United Nations had in mind when it established the International Day of Peace: Burger King is asking McDonald’s to join forces to create a “McWhopper.”
By Candice Choi

Global markets stall

TOKYO — Global stock markets mostly fell today as initial euphoria over an interest rate cut by China the day before succumbed to lingering worries over longer-term problems with its ...

Tuesday, Aug 25, 2015

Augusta foreclosures higher in July

Foreclosure activity for the Augusta metro area was higher in July, according to real estate data firm RealtyTrac.

Columbia County might revise pawn law

Columbia County might revise its new ordinance regulating pawn shops and other buyers of used merchandise, after a local lawyer questioned its constitutionality.
By Steve Crawford

US consumer confidence shows sharp rebound in August

US consumer confidence shows sharp rebound in August to highest reading in 7 months.
By Martin Crutsinger
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Mayor's office helped arrange Kinder Morgan gift

When Augusta Commission members reported being blindsided and subsequently rejected a $25,000 donation from Kinder Morgan, the mayor's office and other city officials had been working to arrange ...
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