Articles from the Business section archive

Sunday, July 20, 2014

New chief begins at SRNS

Just six weeks into her new job, Carol Johnson, the new chief of Savannah River Site's primary contractor, has her eye on the site's half-century old infrastructure and aging workforce.
By Meg Mirshak

Saturday, July 19, 2014

Day planner

THIS WEEK WEDNESDAY: Columbia County Chamber of Commerce Luncheon; 11:30 a.m.; Savannah Rapids Pavilion, 3300 Evans to Locks Road, Evans; $25 for members, $35 for nonmembers; (706) 651-0018

Biz Bits

Ray Chadwick was appointed to the Georgia Commission of Dispute Resolution by the Supreme Court of Georgia. He is with Chadwick Mediation Services LLC.

On The Move

Amy Cook is a new residential sales agent at Meybohm Realtors.

Upper-level jobs harder to come by

While the labor market continues on an upward trend, job seekers looking for an upper-level position might find themselves left out in the cold.
By Jenna Martin

Friday, July 18, 2014

Federal judge sends key GM case to Georgia court

DETROIT - A federal judge in Atlanta has sent an important wrongful death lawsuit against General Motors back to a Georgia court.
By Tom Krisher

Business news

A new commercial center under development in front of the Augusta Mall will bring three businesses and a bank ATM to Wrightsboro Road.

Obama opens Eastern Seaboard to oil exploration

ST. AUGUSTINE BEACH, Fla. - The Obama administration is reopening the Eastern Seaboard to offshore oil and gas exploration, approving seismic surveys using sonic cannons that can pinpoint energy ...
By Jason Dearen

Corporate eye on expansion could benefit funds

NEW YORK - After years of funneling cash to investors, companies may be looking to spend more on themselves. Mutual fund managers are cheering.
By Stan Choe

Retail building construction in front of Augusta Mall

A new center under development in front of the Augusta Mall will bring three businesses and a bank ATM to Wrightsboro Road.

Former NFL player opens Bojangles in Evans

Bojangles' franchise owner Tim Biakabutuka has opened his fourth restaurant in the metro Augusta market.
By Jenna Martin

Electrolux posts net loss in second quarter

STOCKHOLM - Swedish home appliance maker Electrolux has posted a second-quarter net loss of $13.5 million, citing large restructuring charges, but says demand in Europe and the United States is ...

Thursday, July 17, 2014

Panel discusses riverwalk improvements

Different ideas were floated Thursday on how best to enhance Riverwalk Augusta with $1 million in funding to be made available in two installments, now and in 2016.
By Jenna Martin

Senators call for GM to fire top lawyer

WASHINGTON - Lawmakers on Thursday demanded General Motors fire its chief lawyer and open its compensation plan to more potential victims as a Senate subcommittee delved deeper into GM's problems.
By Marcy Gordon

Home construction drops to slowest pace in 9 months

WASHINGTON - U.S. home construction fell in June to the slowest pace in nine months, a setback to hopes that housing is regaining momentum and will boost economic growth this year.
By Martin Crutsinger

First Community reports $1.2 million profit

First Community Corp., which merged with Augusta's Savannah River Banking Co. earlier this year, reported net income for the second quarter $1.2 million.

Augusta metro loses 2,000 jobs in June

Shedding of hospitality and state government jobs in June resulted in a net decline of 2,000 jobs for the Augusta metro area, Georgia's labor department reported Thursday.
By Tim Rausch

Fifth Third 2Q profit falls 29 percent

Fifth Third Bancorp on Thursday reported earnings that decreased by 29 percent in its second quarter.

Microsoft to cut up to 18,000 jobs over next year

REDMOND, Wash. — Microsoft is cutting up to 18,000 jobs, about 14 percent of its staff, over the next year as it works to cut down on management layers and integrate the Nokia devices business it ...

Wednesday, July 16, 2014

Bank of America takes $4 billion litigation hit

NEW YORK - Bank of America earned $2 billion in the second quarter after payments to preferred shareholders, compared with $3.6 billion in the same period a year earlier, a decline of 43 percent.
By Steve Rothwell

Biz Bits

Faye Davis was named top relocation agent for May by Century 21 Larry Miller Realty
Databases

Restaurant inspections

Search databases of the latest restaurant inspection reports for Richmond, Columbia and Aiken counties.

Construction roundup

Construction Maintenance Co.; B&S Machine Tool Co., 158 Old Wagener Road, Aiken; commercial building, $125,000

On The Move

Amy Cook is a new residential sales agent at Meybohm Realtors.

Biz Bits

Ray Chadwick was appointed to the Georgia Commission of Dispute Resolution by the Supreme Court of Georgia. He is with Chadwick Mediation Services LLC.

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