Articles from the Business section archive

Friday, April 10, 2015

Chamber Corner

Ribbon cuttings from the Metro Augusta Chamber of Commerce.

Day Planner

Tuesday: Columbia County Chamber of Commerce Business Before Hours; 8 a.m.; chamber office, 1000 Business Blvd., Evans; free for members, $10 for nonmembers; (706) 651-0018

Historic Partridge Inn revamped

One of Augusta's most historic landmarks has gone through some major changes in the past year.
By Jenna Martin

GA, Fla., S.C. rank 8, 9, 10 on economic-momentum

A new report ranks Georgia, Florida and South Carolina among the best performing states in terms of economic momentum, outpacing both the rest of the country and other states in the South.

Japan's Mitsubishi sets sights on niche in aircraft sector

Mitsubishi's commercial aircraft plans dovetail with Japan's ambitions to be aviation power.
By Elaine Kurtenbach

Stronger US economy and dollar tighten Latin American ties

Strong economy, dollar and Cuba breakthrough give US a chance to regain clout in Latin America.
By Paul Wiseman

On The Money: When new cars are unveiled, prices can fall on old models

DETROIT — When auto companies roll out exciting new models like they did at last week’s New York auto show, the unveilings can sometimes push down the price of cars already on sale.
By Tom Krisher

Computer users face hard choice: Pay ransom or lose files

Pay a ransom or lose your files - hackers force computer users to make a hard choice.
By Joyce M. Rosenberg

Of Mutual Interest: Will shrinking earnings halt the stock market's run?

A streak may end; Do shrinking company earnings mean the end for the stock market's bull run?
By Steve Rothwell

GE pares off financial unit and returns to industrial roots

General Electric will sell most of GE Capital as it turns its focus more to its industrial business and away from a big money generator that also made some investors nervous.

Thursday, April 9, 2015

Business news

SAN FRANCISCO - California regulators approved a record $1.6 billion penalty Thursday against PG&E for a 2010 gas pipeline explosion that killed eight people and destroyed more than three ...

Walgreens aims to close about 200 US stores

Walgreens will shutter about 200 U.S. stores as part of an expanded cost reduction push, but the nation’s largest drugstore chain has no plans to shrink in the wake of its combination with ...
By Tom Murphy

Applications for US jobless aid rise but still at low level

WASHINGTON — More Americans sought unemployment benefits last week, but applications for jobless aid overall remain low — a reassuring sign after hiring slowed last month.
By Christopher S. Rugaber

Average US rate on 30-year mortgage falls to 3.66 percent

WASHINGTON — Average long-term U.S. mortgage rates declined this week, approaching historically low levels with the spring home-buying season underway.

'Cathedral of golf' helps showcase state to business prospects

Augusta and the Masters Tournament became a marketing tool for the state Thursday for the Red Carpet tour.
By Tim Rausch

Wednesday, April 8, 2015

Mylan offers to buy rival generic drugmaker

NEW YORK - In a deal that would combine two generic drugmakers that recently left the U.S. for Europe, Mylan says it wants to buy Perrigo for $205 per share, or $28.86 billion.

Fed officials split on timing of rate increase

Fed officials disagreed widely when they met last month on when they would be ready to lift interest rates from record lows.
By Martin Crutsinger

Shopgirl: HBO Now cuts the cable for viewers

We're one step closer to putting cable television companies out of business, thanks to HBO's new HBO Now product. HBO Now is like HBO Go, without requiring the subscriber to have a traditional ...
By Gracie Shepherd

Eighth area Barney's Pharmacy set to open in May

Local independent pharmacy retail chain Barney's Pharmacy will open its eighth metro area location at the end of May inside a former Kentucky Fried Chicken restaurant on Furys Ferry Road.
By Tim Rausch

Shell's $70 billion takeover could herald wave of mergers

LONDON — Oil and gas company Shell has agreed to buy British rival BG Group for $69.7 billion, in a deal that may signal a new wave of mega-mergers as the energy industry tries to adapt to lower ...
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Second lunch with mayor gives me more to share

Mayor Hardie Davis and I went to lunch again last week and celebrated his first 100 days in office. This time, I didn't forget my tape recorder.
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