Articles from the Business section archive

Wednesday, May 20, 2015

Morris Communications sells radio stations to Alpha Media

Augusta-based Morris Communications announced that it sold 36 radio stations in Alaska, Washington, Kansas, Texas and California.

Forecast: Augusta economy to grow jobs at 3.1 percent pace

Augusta's employment will grow by 3.1 percent this year, slightly ahead of the state overall, according to a forecast released Wednesday by Georgia State University.
By Walter C. Jones

ConAgra to pay $11.2M to settle Peter Pan peanut butter salmonella case

SAVANNAH, Ga. — ConAgra to pay $11.2M to settle criminal charge for shipping salmonella-tainted peanut butter.
By Russ Bynum

Augusta economy to grow

ATLANTA - Augusta's employment will grow by 3.1 percent this year, slightly ahead of the state overall, according to a forecast released Wednesday by Georgia State University.
By Walter C. Jones

Lowe's 1Q profit up on sales growth, but still disappoints

Lowe's gets a lift as housing activity picks up, just not as much as Wall Street had hoped.

Sales rise at Target for 1st quarter

Target's 1Q profit rises 52 percent as turnaround efforts start to pay off.
By Anne D'Innocenzio

Tuesday, May 19, 2015

DDA hits cap on low-interest loans

Low-interest loans available to projects that promote downtown revitalization are temporarily halted in Augusta.
By Jenna Martin

Recall on auto air bags double for Takata in US

Under pressure from U.S. safety regulators, Takata Corp. has agreed to declare 33.8 million air bags defective that will double the number of cars and trucks included in what is now the largest ...
By Macy Gordon and Tom Krisher

Fried chicken chain KFC resurrects Colonel Sanders for ads

Fried chicken chain KFC resurrects Colonel Sanders for TV ads and plans to refresh restaurants.

Verizon retailer opening in mall's RadioShack location

A Verizon retailer is moving into the old RadioShack location in the Augusta Mall.

Home Depot nails it 1Q as housing rebound emerges

DIY-powered 1Q for Home Depot and a housing outlook so bright, it's going to sell some shades.
By Michelle Chapman

Housing market awakens inert economy

US home building jumps 20.2 percent in April, strongest clip since November 2007.
By Josh Boak

Wal-Mart profit falls on currency shifts, pay raises

Currency shifts, pay raises put pressure on Wal-Mart profit as revenue declines.
By Anne D'Innocenzio

Monday, May 18, 2015

Business news

BEIJING - The owner of fashion brands Gucci and Yves Saint Laurent has accused Alibaba Group of profiting from sales of counterfeit goods despite the Chinese e-commerce giant's pledge to combat ...

Home construction coming to Olde Town

RAM Construction Group received approval from Augus­ta's Historic Preservation Com­mis­sion to add two single-family homes in the Olde Town historic district.
By Jenna Martin

Masters Week traffic drops at Daniel Field

The steep increase in private flights at Au­gusta Regional Airport during Masters Week contributed to a 14 percent decrease at Daniel Field, a small general aviation airport.
By Meg Mirshak

Parking deck delays postpone office opening

Delays in construction is attributed to a setback caused by a problem before the start of construction on the parking deck and, more recently, heavy rainfall. 
By Mike Rosier

Busy spring puts state ports on track for record fiscal year

Georgia ports on track for record fiscal year after busy spring, boost from snarled West Coast.
By Russ Bynum

US homebuilders' confidence in sales prospects ebbs

US homebuilder confidence dims as spring buying season sputters; overall outlook favorable.
By Alex Veiga

Ascena buying owner of Ann Taylor, Loft for about $2.16B

Ascena Retail Group buying owner of Ann Taylor, Loft stores for about $2.16 billion.
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On The Move

On The Move recognizes new hires and promotions.

Biz Bits

Biz Bits honor people and businesses that get awards, earn certifications or become appointed to civic boards.
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Grill burns elderly SC man

ORANGEBURG, S.C. - Officials say an elderly Eutawville man was airlifted to an Augusta burn hospital after being severely burned while trying to light a grill.
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