Articles from the Business section archive

Monday, Jan. 26, 2015

Business news

SAN FRANCISCO - IBM on Monday dismissed a report that said the technology giant plans to lay off 1 in 4 of its workers, or 100,000 people.

Study finds room for new Savannah River port

The Savannah River has enough room for cargo ships to accommodate Georgia and South Carolina adding a new port terminal downstream from the Port of Savannah.
By Russ Bynum

Government plans to shift Medicare payments

WASHINGTON - Medicare will change the way it pays hospitals and doctors to reward quality over volume in a shift that officials hope will be a catalyst.
By Ricard Alonso-Zaldivar

Augusta Mall loses Coach store

Luxury fashion retailer Coach closed Saturday at Augusta Mall.
By Jenna Martin

Sunday, Jan. 25, 2015

Company seeks rights to names of iconic Grand Canyon lodges

FLAGSTAFF, Ariz. — To those who love the Grand Canyon, the names of its historic lodges are synonymous with the national park itself. But the fate of those names is up for debate after a ...
By Felicia Fonseca

Incentives to buy electric cars persist amid low gas costs

U.S. gas prices have fallen more than $1 per gallon over the last 12 months, to a national average of $2.06, according to AAA. That makes electric cars - with their higher prices tags - a tougher ...
By Dee-Ann Durbin

Agriculture sector welcomes low diesel prices

WICHITA, Kan. — The recent plunge in fuel prices has been a welcome relief across the agricultural sector, helping ease the pain of low grain prices for growers and boosting profits for cattle ...

Friday, Jan. 23, 2015

Richmond County school board looks at job programs

Richmond County Board of Education members and school officials want to re-evaluate the school system's technical and career education programs in the face of shortages in the Georgia jobs market.
By Sean Gruber

UPS takes hit during holidays

UPS cut its outlook for the year Friday and warned that fourth-quarter earnings would come in well below Wall Street expectations.

In-flight catalog SkyMall files for bankruptcy

NEW YORK - Apparently, airline passengers aren't buying enough garden gnomes, superhero pajamas and heated cat shelters. SkyMall has filed for bankruptcy.
By Scott Mayerowitz

McDonald's vows changes after earnings fall

NEW YORK — McDonald’s isn’t lovin’ it, and it’s going to do something about it.
By Michelle Chapman

Box shares soar in market debut

SAN FRANCISCO - Shares of online storage provider Box soared 66 percent in their stock market debut Friday despite the company's decade-long history of losses, a showing that might encourage more ...
By Michael Liedtke

Stock funds gaining more believers

Last year was the second in a row that investors put more money into U.S. stock funds than they took out. Now that stocks have roughly tripled since hitting a bottom in March 2009, faith is building.
By Stan Choe

Edgefield distillery gaining share of local market

Carolina Moon Distillery in Edgefield is in expansion mode after just one year in business.
By Jenna Martin

Chamber Corner

Ribbon cutting from the Augusta Metro Chamber of Commerce.

On The Move

On The Move recognizes new hires and promotions.

Biz Bits

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

GE earnings rise despite headwinds from low oil prices

NEW YORK — General Electric Co. posted higher revenue and net income for the fourth quarter, but was held back from even better results by a sputtering performance from its expanding oil and gas ...
By Jonathan Fahey

Thursday, Jan. 22, 2015

McDonald's faces employee lawsuit

Some McDonald's workers who say they were fired because of their race are suing the fast-food giant, accusing it of dodging responsibility for the discrimination and harassment they say they endured.
By Tom Murphy

Europe unleashes aggressive stimulus

Europe's ailing economy will get a major dose of stimulus from the European Central Bank - a bond-buying program designed to make loans and exports cheaper so companies can hire and expand.
By David McHugh

Restaurant inspections

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

On The Move

On The Move recognizes new hires and promotions.

Biz Bits

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

NFL probes Falcon 'fake' crowd noise

ATLANTA -- The Atlanta Falcons are being investigated for piping in fake crowd noise through the Georgia Dome's sound system for the past two seasons.
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