Articles from the Business section archive

Thursday, Jan. 15, 2015

Sitel adding jobs in wake of layoff notice

Just days after announcing a massive layoff at its Augusta call center, Sitel is looking to hire about 250 temp employees to work on a short-term project in February.
By Jenna Martin

Economists upbeat on jobs, growth in Georgia

Benjamin Ayers, dean of the business college at the University of Georgia, said Georgia will grow faster than the nation this year. If the prediction comes true, it would be the second year that ...
By Tim Rausch

End of holiday season boosts applications for US jobless aid

End of holiday season boosts applications for US jobless aid, but long-term trend is positive.
By Josh Boak

Target to exit Canada

Target to exit Canada, didn't foresee operations being profitable until at least 2021.

Wednesday, Jan. 14, 2015

Reports send stocks lower

NEW YORK — A dismal report on retail spending in the U.S. and signs of slowing global growth drove stocks lower and sent yields on government bonds plunging as investors sought safety.

JPMorgan Chase earnings hit by legal costs

JPMorgan Chase & Co. reported a 7 percent decline in fourth-quarter earnings Wednesday, hit by legal costs and lower trading revenue.
By Ken Sweet

Report: Wind means more jobs, more energy for Carolinas

BEAUFORT, S.C. — A report released Wednesday by an advocacy group concludes more energy and more jobs can be generated in the Carolinas by harnessing offshore wind than by drilling for fossil ...
By Bruce Smith

Mixed-use development proposed near Grovetown

A mixed-use project is in the works near Grovetown High School.
By Jenna Martin

Cotton Patch closed for renovations

The Cotton Patch is temporarily closed for renovations and so owners can complete a new restaurant in Evans.
By Jenna Martin

Holiday shopping slump: US retail sales fell in December

WASHINGTON — U.S. retail sales stumbled last month in a sign consumers remained frugal even as gas prices declined and hiring picked up.
By Christopher S. Rugaber

Tuesday, Jan. 13, 2015

Sales of Chinese cars in US still years away

DETROIT - Another Chinese automaker is showing vehicles this year at the auto show in Detroit, raising the question about when these companies might sell in the United States.
By David Runk

Smaller sodas bring makers bigger profits

NEW YORK - Americans want to cut back on soda, and they're willing to pay more to do it.
By Candice Choi

Shopping center renovation nears completion

The transformation of a once idle retail plaza on Washington Road into a lifestyle center is nearing completion.
By Jenna Martin

US job openings jump to 14-year high

US job openings jump to 14-year high in latest sign that strong hiring will continue.
By Christopher S. Rugaber

Airbus, Boeing split annual sales rivalry

Airbus took in more plane orders than Boeing in 2014, but lagged in deliveries.
By David McHugh

MetLife to challenge 'too-big-to-fail' tag

MetLife heads to court to challenge US designation as a company 'too big to fail'.

Monday, Jan. 12, 2015

Home building permits up in Columbia County; Augusta drops

Columbia County records show it issued more than three times as many home-construction permits than the industry-heavy Augusta-Richmond County.
By Wesley Brown

Plummeting fuel prices require adjustment

Cheap gas prices across the country are tempting potential buyers away from the economical toward more gas-guzzling trucks and SUVs.
By Jeff Karoub

Sitel to cut 675 Augusta jobs

Tennessee-based Sitel announced Monday that about 675 jobs will be eliminated from the Augusta call center this spring.
By Jenna Martin

Two Augusta Mall stores close

Two fashion apparel retailers for women and teens have shuttered their stores in Augusta Mall.
By Jenna Martin

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.
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