Articles from the Business section archive

Friday, Sept. 12, 2014

Fifth Jersey Mike's to open in west Augusta

Demolition of an old Church's Chicken fast-food restaurant was completed this week at 2823 Washington Road for development of a Jersey Mike's sandwich shop, the fifth in the area.
By Jenna Martin

Small businesses are applying for more loans, executive says

NEW YORK - Based on what she's seeing among the bank's more than three million small business customers, Capital One's Keri Gohman is upbeat.

Hibbett Sports store opening on Gordon Highway

Hibbett Sporting Goods is introducing a second store to serve south Augusta in early October.

Summer home sales reach eight-year high

The number of home sales this summer rebounded to 2,360, just shy of the 2,599 homes that sold in the summer of 2006, according to data from the Greater Augusta Association of Realtors.
By Jenna Martin

Investor says Olive Garden reckless with breadsticks

In a nearly 300-page treatise on what's wrong with Olive Garden and its management, investor Starboard Value suggests the Italian restaurant chain is being reckless with its unlimited breadsticks.
By Candice Choi

US retail sales rise in August on auto sales

WASHINGTON - Auto buying drove U.S. retail sales higher in August, a possible sign that job growth in recent months has led to accelerated consumer spending.
By Josh Boak

US business stockpiles up 0.4 percent in July

WASHINGTON — Stockpiles held by U.S. businesses rose by a moderate amount in July while sales increased at the fastest pace in three months.
By Martin Crutsinger

IMF leader says women vital for global recovery

TOKYO — Empowerment of women and equal opportunities are crucial for driving a stronger global economic recovery, and for revitalizing Japan, the head of the International Monetary Fund said Friday.
By Elaine Kurtenbach

Thursday, Sept. 11, 2014

Silicon Valley struggles with regulations

WASHINGTON — From Apple’s new smartwatch that tracks heartbeats to contact lenses that measure blood sugar – Silicon Valley is pouring billions into gadgets and apps designed to transform health ...
By Matthew Perrone

Prosecutor: Georgia peanut plant owner OK'd sales

ALBANY, Ga. - The owner of a Georgia peanut plant where a deadly salmonella outbreak originated five years ago approved sales of tainted food "whatever the risk," including shipments known to have ...
By Russ Bynum

China fines Audi, Chrysler in probe

BEIJING - China on Thursday announced it will fine Audi $40.5 million and Chrysler $5.2 million in a sweeping anti-monopoly probe of the auto industry that has prompted complaints foreign ...
By Joe McDonald

DDA approves low-interest loan for Broad Street redevelopment

The Augusta Downtown Development Authority approved a low-interest loan Thursday to spur redevelopment of a Broad Street lot in the midst of a demolition project.
By Jenna Martin

RadioShack warns of possible bankruptcy

NEW YORK - RadioShack warned Thursday that it might need to file for Chapter 11 bankruptcy reorganization if it can't rework its debt or find another way to ease a cash crunch.

Applications for US unemployment rise to 315K

WASHINGTON — More people sought U.S. unemployment benefits last week, though the trend in benefit applications in the past month remained low.
By Christopher S. Rugaber

Metro foreclosures increase

A dramatic jump in the number of foreclosure auction filings in Richmond County drove higher the foreclosure activity in the Augusta metro area for August.

Wednesday, Sept. 10, 2014

Business news

A new Zaxby's restaurant is under construction near Doctors Hospital in Augusta.

Major airlines earn record profits while regional carriers struggle

DALLAS - Regional airlines' profits are shrinking, costs are rising, and they're having trouble finding enough pilots to work for the salaries they pay.
By David Koenig

Augusta restaurateur adding Italian eatery in Martinez

The operator of Kitchen 1454 in Augusta is opening Italian eatery in the former Robolli's in Martinez.
By Jenna Martin

Business and employer summit set for Sept. 30

A business sumit is planned for Sept. 30 to help business owners and managers overcome challenges in the workplace.

Dollar General goes hostile in bid for rival

Dollar General is going hostile with its $9.1 billion bid for Family Dollar after its rival repeatedly rejected previous offers.
By Tom Murphy

Biz Bits

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

Restaurant inspections

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

Biz Bits

Leland Malchow was named in Best Lawyers in America 2015, based on a peer-review survey, for personal injury litigation. He is an attorney at Nimmons & Malchow P.C. in Augusta.

On The Move

Nathan Huff is a new attorney at the Law Office of Nathan E. Huff. He previously worked for Warlick, Tritt, Stebbins and Murray LLP for three years. 

Top headlines

Many black colleges struggling

Although Paine has struggled with its own failures over the past several years, HBCUs across the nation are dealing with some of the same troubles that are threatening their missions and existence.
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