Business | The Augusta Chronicle

Articles from the Business section archive

Thursday, June 6, 2013

Unemployment benefit applications fall

The number of Americans seeking unemployment benefits fell 11,000 last week to a seasonally adjusted 346,000, a level consistent with steady job growth.

By Christopher S. Rugaber

Census bureau shares daytime population shifts in cities

A new U.S. Census Bureau study sheds light on daytime population shifts that occur in communities with heavy commuter traffic.

By Rob Pavey

Wednesday, June 5, 2013

Treasury to sell 30 million shares of GM stock

The Treasury Department will set the price for the shares after the markets close on Thursday, with the sale taking place shortly thereafter. A United Auto Workers retiree health care trust fund ...

By Tom Krisher

SEC considers tough rules for money funds

The SEC voted 5-0 to advance the plan, which would require shares of some money-market funds to "float", instead of having a fixed value of $1 per share.

By Marcy Gordon

Weak signals on economy send stocks plunging

The Dow Jones industrial average fell 217 points and finished at 14,960, a drop of 1.4 percent. It's the first close below 15,000 since May 6 and the biggest decline in seven weeks.

By Steve Rothwell

Reality star opens boutique in Augusta

Grammy-award winning songwriter and Real Housewives of Atlanta star Kandi Burruss opens a TAGS Boutique on Wrightsboro Road in Augusta.

By Jenna Martin

On The Move

DR.

Biz Bits

PATTI CORNETTE Award/honor: Received Agent of the Month for Prudential Beazley Real Estate in May. THOMAS BURNSIDE III Award/honor: Received professional distinction from Super Lawyers. Details: ...

Tuesday, June 4, 2013

US home prices rise 12.1 percent

U.S. home prices soared 12.1 percent in April from a year earlier, the biggest gain since February 2006, as more buyers competed for fewer homes.

By Christopher S. Rugaber

Chrysler refuses recall request

A defiant Chrysler is refusing to recall about 2.7 million Jeeps the government says are at risk of a fuel tank fire in a rear-end collision.

By Dee-Ann Durbin

Monday, June 3, 2013

VeryVera will close doors

The VeryVera cafe and retail store on Washington Road will close June 28. Owner Vera Stewart is also closing her mail order operation to focus on her cookbook and family.

Alexander Drive apartments get go-ahead

A proposed 252-unit apartment complex on Alexander Drive, which is highly contested by neighbors in National Hills, was approved Monday by Augusta Planning Commission.

By Jenna Martin

Georgia factories growth slows

ATLANTA - Georgia's manufacturing sector of the economy grew at a slightly slower rate in May, according to figures released Monday by the Econometric Center at Kennesaw State University.

Sunday, June 2, 2013

Family takes its love of water to work

Steve and Leslie Wright own Savannah Rapids Kayak Rental with their 22-year-old daughter, Katie Wright.

By Jenna Martin

Friday, May 31, 2013

Stocks plummet late but end May higher

After moving between small losses and gains for most of the day, the Dow Jones industrial average plunged in the final hour of trading.

By Steve Rothwell

Aiken Mall won't go to auction Monday

The Aiken Mall, in the throes of foreclosure, was pulled off the auction list Friday. Bidding was scheduled to begin Monday at the Aiken County courthouse.

By Jenna Martin

Chamber announces top young professionals list

The Augusta Metro Chamber of Commerce highlights 10 young professionals in the region.

Manufacturing leading local temp jobs

Several Augusta-based staffing agencies are finding the greatest local demand for temporary workers falls within the manufacturing sector.

By Jenna Martin

Thursday, May 30, 2013

Automakers cut electric-car lease prices

DETROIT — Honda announced Thursday that it's slashing the monthly lease cost of its tiny Fit EV by one third, following similar moves by other automakers.

By Tom Krisher

US economic growth modest

The U.S. economy grew at a modest 2.4 percent annual rate from January through March, slightly slower than initially estimated. Consumer spending was stronger than first thought, but businesses ...

By Martin Crutsinger