Holiday sales seen rising 3.7 percent

Americans are expected to spend at a slower pace than last year during the crucial winter holidays, weighed down by sluggish wage growth and other factors, according to the nation's largest retail industry trade group.
By Anne D'Innocenzio

Evans toy store closing before holiday rush

The owner of the Learning Ex­press Toys store is retiring from retail to spend more time with her family and closing the store Nov. 15.
By Tim Rausch

Budweiser maker's increased bid for Miller parent rejected

BRUSSELS — Any talk of a union between Budweiser and Miller – in fact, any talk of the creation of a beer behemoth – should be put off for now as the owners continue to haggle over the terms of a merger.
By Raf Casert and Danica Kirka

Volkswagen delays delivery of 2016 diesel models

WASHINGTON - Volks­wagen plans to withdraw applications seeking U.S. emissions certifications for its 2016 model Jettas, Golfs, Pas­sats and Beetles with diesel engines, the latest hit to the German automaker's credibility and bottom line.
By Michael Biesecker and Tom Krisher

To truly innovate, don't accept defeat, retired general says

Seeking better training methods led retired Brig. Gen. Stewart Rodeheaver down the path toward 3-D-interactive and virtual instruction.
By Tim Rausch

European data-sharing pact with US ruled invalid

LUXEMBOURG - Facebook and thousands of other companies could find it vastly more complicated to do business in Europe after a court ruled that personal data sent to U.S. servers is potentially unsafe from government spying.
By Pan Pylas

PepsiCo tops expectations, boosted by price hikes

PepsiCo tops Wall Street expectations, boosted by price hikes and cost cutting.

UAW threatens strike in contract talks with Fiat Chrysler

United Auto Workers threaten strike Wednesday night in contract talks with Fiat Chrysler.
By Tom Krisher

Study cites cybercrime's rising costs to corporations

Amid rash of breaches, cost of cybercrime rising for companies in US and abroad, study shows.
By Bree Fowler

North Augusta OKs water park measure

The city council heard from more residents Monday concerned about a water park within its limits but passed an ordinance permitting its development unanimously.
By Mike Rosier

Waffle House planned for Davis Road

The restaurant would go in a vacant lot next to The Snug if a rezoning request is approved by the Augusta Commission on Oct. 20.

Articles from the Business section archive

Monday, Sept. 28, 2015

Air bag recall could expand to 7 companies

DETROIT - Seven more companies including electric car maker Tesla Motors could be facing recalls because they use air bag inflators made by Takata Corp.
By Tom Krisher

Markets drop over China fears, drug costs

NEW YORK - Ongoing worries about the health of the Chinese economy and another big sell-off in drugmakers pushed the stock market back toward its lowest level of the year.
By Steve Rothwell

Shell will cease Alaskan Arctic exploration

ANCHORAGE, Alaska - Royal Dutch Shell has abandoned its long quest to become the first company to produce oil in Alaska's Arctic waters.
By Dan Joling and Jonathan Fahey

German prosecutors will investigate former VW boss

BERLIN - German prosecutors opened an investigation against former Volkswagen CEO Martin Winterkorn to establish what his role was in the emissions-rigging scandal.
By Geir Moulson and David Rising

Stock watch: Costco expected to post earnings gain Tuesday

Experts are expecting earnings of $1.66 per share for Costco when the company reports its quarterly results after the market closes on Tuesday.

Alcoa splitting into 2 companies

Alcoa splitting its metals segment from its better performing automotive and aerospace units.

European shares weighed down by Glencore and Volkswagen

Shares in Glencore and Volkswagen in focus as European shares start the week sharply lower.

Sunday, Sept. 27, 2015

VW scandal fuels French debate on whether to dump diesel, as polluted Paris bans cars for day

PARIS - Guidebooks rarely mention it, but Paris is one of the most polluted cities in the rich world. The Eiffel Tower is periodically shrouded in smog, and there's one key culprit: France's ...
By Angela Charlton And Sylvie Corbet

VW legal issues grow in wake of emissions scandal

WASHINGTON — Legal experts say the automaker is likely to face significant legal problems, including criminal charges, arising from its admission that millions of its vehicles contained ...
By Michael Biesecker and Eric Tucker

Indian premier touts social media plans at 'town hall'

MENLO PARK, Calif. - Indian Prime Minister Narendra Modi touted social media and his goals for developing India's tech economy on Sunday, speaking to a global audience at Facebook's headquarters.
By Brandon Bailey

Friday, Sept. 25, 2015

Board members say students need basics

Richmond County Board of Education members stessed the need for students to be exposed to "soft skills" and trades like welding and electrical work at a retreat Friday.
By Sean Gruber

Economy grew at 3.9 percent rate in spring

WASHINGTON - The U.S. economy grew at an even faster clip in the spring than previously estimated. But that growth likely slowed in the summer, held back by global headwinds and turbulent ...
By Martin Crutsinger

Business gets first crowdfunding OK

ATLANTA - Atlanta-based Groundfloor is the nation's first business with federal approval to use multi-state crowdfunding building on an innovative state law.
By Walter C. Jones

Why Europe isn't creating any major Internet startups

HELSINKI - Micha Benoliel grew up in France and launched his first technology startup there, but he never forgot the atmosphere of adventure and optimism in San Francisco, where he studied in the ...
By Matti Huuhtanen

Plant manager spends 25 years with Bridgestone

For the last year, Fran Jones has served as plant manager for Bridgestone at its Aiken County facility which employs 1,500 people. She said the company plans to hire another 100 employees in 2016.
By Mike Rosier

Hyundai recalls 470,000 Sonatas to replace engines

DETROIT — Hyundai is recalling nearly a half-million midsize cars in the U.S. to replace the engines because a manufacturing problem could cause them to fail.
By Tom Krisher

VW names veteran insider as new CEO amid growing scandal

BERLIN — Volkswagen's board appointed the head of the group's Porsche unit, as CEO on Friday — handing a longtime insider the task of trying to lead the world's top-selling automaker past a ...
By Geir Moulson and Pan Pylas

Business events scheduled for October

All times are Eastern THURSDAY, Oct. 1 WASHINGTON - Labor Department releases weekly jobless claims, 8:30 a.m.; Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m.

Nasdaq center aims to build relationships with startups

SAN FRANCISCO — Nasdaq has long been known as the "tech-heavy" stock exchange. Now, as it faces stiff competition from rival exchanges, it's reaching out to business startups before they go public.
By Brandon Bailey

On The Money: 5 things to consider about 529 plans

Saving to cover the ever-rising costs of a university education can be daunting, but one way parents can potentially bridge that gap is by investing through a 529 college savings plan.
By Alex Veiga
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Restaurant inspections

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

Churches to hear presentation on Haiti orphans

Members of several area churches will gather at Gardner Grove Baptist Church to hear about helping the abandoned children of Haiti.
By Lisa Kaylor

Biz Bits

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