Articles from the Business section archive

Tuesday, Jan. 20, 2015

US homebuilder confidence, sales outlook slip in January

US homebuilder confidence, sales expectations slip in January; outlook still favorable overall.
By Alex Veiga

Delta reports 4Q loss of $712 million

Delta Air Lines Inc. on Tuesday reported a fourth-quarter loss of $712 million, after reporting a profit in the same period a year earlier.

Morgan Stanley misses Wall Street's expectations for 4Q

Morgan Stanley distances itself from legal charges last year, but misses 4Q expectations.
By Ken Sweet

Shake Shack plans to raise up to $80M from IPO

Burger chain Shake Shack plans to raise up to $80 million from IPO of 5 million shares.

IMF cuts growth forecasts

The International Monetary Fund lowered its forecasts for global growth over the next two years, warning that weakness in major economies will trump gains from lower oil prices.
By Elaine Kurtenbach

Monday, Jan. 19, 2015

Cookie sales go digital

Girl Scouts can take in-person cookie orders on a smartphone app, or e-mail a personalized Web site link to family and friends who pay with a credit card.
By Meg Mirshak

Authority wants extension for jobs news

Augusta committed to improve conditions at a corporate park if a major manufacturer announces plans to locate here, but the announcement is now on hold.
By Susan McCord

Partridge Inn approved for Hilton brand affiliation

The Partridge Inn, in the midst of a major renovation, is on the fast-track for affiliation with a new Hilton boutique-style brand.
By Jenna Martin

Construction roundup

COMMERCIAL BUILDING PERMITS • S.D. Clifton Construction; Circle K Properties, 3110 Deans Bridge Road, Augusta; commercial building, $350,000 • B.R.

Richest 1 percent see global wealth jump

The rich keep getting richer: Oxfam says wealth is increasingly concentrated in hands of few.
By Danica Kirka

Sunday, Jan. 18, 2015

Wait for energy stocks to hit bottom

Unless you can commit to energy stocks for the next two or three years, it's a good idea to wait on purchases for now.
By Stan Choe

With oil down, Alaska has budget woes

Oil prices that have fallen by more than half since April have put the state budget in serious condition. Officials are calling on residents to help solve the $3.5 billion deficit.
By Becky Bohrer

Milk industry braces for bust after 2014 boom

Buoyed by high demand and prices for dairy in 2014, farmers now faced an overproduction problem that is forcing down prices and has some dumping out milk.
By Dana Ferguson

In NY, debate flows over 'below minimum-wage'

A state wage board is expected to vote soon on raising the minimum wage for service workers who also receive tips to $7. Restaurants see increasing tipped wage as harmful and worry it will cause ...
By Deepti Hajela and David Klepper

Saturday, Jan. 17, 2015

On The Move

On The Move recognizes new hires and promotions.

Friday, Jan. 16, 2015

Home sales driving Augusta's mortgage market

Local mortgage professionals say that home purchases, and not refinances, are now driving the mortgage market in metro Augusta.
By Jenna Martin

Unisys starts Augusta operations next week

Unisys continues to rev up its local workforce, with operations to start next week.
By Jenna Martin

Taxes, regulations are must-do

NEW YORK - Cutting regulations and taxes are on Rep. Steve Chabot's must-do list for small businesses.

Cybersecurity contractor opens center

Maryland-based Chiron Technology Services has opened a cybersecurity development center in Augusta.
By Jenna Martin

High dollar dents company earnings

WASHINGTON — The victims vary: Fast-food colossus McDonald’s. Techno­logy giant Oracle. Medical device maker Cooper Cos. The culprit’s the same: A surging U.S. dollar.

Restaurant inspections

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

Biz Bits

Biz Bits honors people and businesses that get awards, earn certifications or become appointed to civic boards.

On The Move

On The Move recognizes new hires and promotions.
Top headlines

Builder questions city's bidding process

City projects that are bid on over and over are a waste of time and money for small businesses, said an attorney seeking to "start a dialogue" about possibly changing Augusta's procurement process.
Search Augusta jobs