Articles from the Business section archive

Wednesday, Aug 10, 2016

Delta CEO discusses tech issues, upgrade plan

NEW YORK - Delta Air Lines is spending $150 million this year on technology upgrades, including a better mobile app. But what CEO Ed Bastian never saw coming was a vulnerability to its ...
By Scott Mayerowitz

Suit accusing Twitter of aiding Islamic State dismissed

The families of two men killed in Jordan claimed that Twitter had contributed to their deaths by allowing the group to sign up for and use Twitter accounts. The judge agreed with Twitter that the ...
By Barbara Ortutay

US employers advertised, hired more in June

WASHINGTON - U.S. employers advertised more openings and hired more people in June, adding to evidence that the job market has rebounded from a brief soft patch in the spring.
By Christopher S. Rugaber

Leadership change ahead for SRS's largest contractor

Carol Johnson, president and CEO of Savannah River Nuclear Solutions, on Tuesday notified employees she would return to the "personal plans that were placed on hold" in June 2014 when she came out ...
By Damon Cline

Tuesday, Aug 9, 2016

Delta outage shows system flaws

ATLANTA - A computer system meltdown at Delta Air Lines' Atlanta hub forced hundreds of flight cancellations Monday and put a spotlight on how quickly such failures can cascade into a crisis that ...
By Kelly Yamanouchi

Wal-Mart buying retailer in $3.3 billion deal

NEW YORK - Wal-Mart is buying fast-growing online retailer for $3 billion in cash plus $300 million in stock, scooping up a company that launched a year ago with the intention of ...
By Anne D'Innocenzio

Contract extended for SRS manager

Savannah River Nuclear So­lu­tions' management and operating contract at Savan­nah River Site has been extended 22 months, the contractor's parent company announced Monday. Texas-based ...

Monday, Aug 8, 2016

Hulu will no longer offer free episodes as it prepares cable TV alternative

NEW YORK - Hulu is dropping the free TV episodes that it was initially known for as it works on an online television service to rival cable TV.

Sunday, Aug 7, 2016

Incomes slow Detroit's housing rebound

DETROIT - Ann and Os­car Mack had fallen behind on property taxes and knew they faced foreclosure on their home of 20 years.
By Corey Williams

Italian restaurant opens in North Augusta

The newest restaurant in Ham­mond's Ferry, DiVino Ristorante Italiano, held its grand opening Friday. Located at 465 Railroad Ave., DiVino specializes in Italian cuisine, particularly Tuscan.
By James Folker

Saturday, Aug 6, 2016

Salmonella outbreak case tied to Georgia plant nears end

SAVANNAH, Ga. - Near­ly a decade after hundreds of Americans got sick after eating Peter Pan peanut butter tainted with salmonella, ConAgra Foods appears close to settling a federal criminal ...
By Russ Bynum

Small businesses left in lurch when customers pay late

NEW YORK - Small business owners are contending with a calendar problem that becomes a cash flow problem - they're waiting longer to get paid.
By Joyce M. Rosenberg

Friday, Aug 5, 2016

Amazon unveils branded delivery plane

SEATTLE - Seattle-based Amazon is unveiling its first branded cargo plane, one of 40 jetliners that will make up the e-commerce giant's own air transportation network as it takes more control of ...
By Phuong Le

US trade deficit climbs to 10-month high

WASHINGTON — The U.S. trade deficit increased to the highest point in 10 months, driven up by a big rise in imports of oil and Chinese-made computers, cellphones and clothing.
By Martin Crutsinger

Bristol-Myers shares plunge after drug study failure

NEW YORK - A blockbuster cancer treatment failed in a key study as the drug's maker, Bristol-Myers Squibb, attempts to extend its usage for lung cancer patients.

July hiring report bolsters hopes for economy

WASHINGTON - Years of steady job gains have finally begun to benefit a wider range of Ameri­cans, including those with less education and in lower-paying jobs.
By Christopher S. Rugaber

Scuttlebiz: Military World Softball Tournament to draw 5,500 players

For the first time in its 15-year history, the 2016 Military World Softball Tournament is coming to Diamond Lakes Regional Park in south Augusta.
By Damon Cline

Thursday, Aug 4, 2016

Death triggers air bag investigations in US, Canada

Investigators are looking into a crash in the Canadian province of Newfoundland in which a woman was killed by an exploding air bag inflator made by ARC Automotive Inc. of Knoxville, Tenn.
By Tom Krisher

Dish Network offers bundle without ESPN, other sports channels

NEW YORK - Dish Network is offering a new "skinny" bundle of about 50 cable channels that doesn't include ESPN and some other sports channels, giving people who don't care about sports a way to ...

UK central bank acts to limit Brexit shock

LONDON - Britain's central bank launched a range of stimulus measures Thursday meant to jolt confidence back into an economy shocked by the vote to leave the European Union. Analysts, however, say ...
By Danica Kirka

Biz bits

Virginia Hawkins has been appointed to Aiken Technical College's governing board. Hawkins is the chief nurse officer at Aiken Regional Medical Centers.

Scuttlebiz: Development is knocking on West Lake's front door

West Lake was the boonies back when former Gov. Carl Sanders and his partners built the first homes there in the late 1960s and early 1970s. Not anymore.
By Damon Cline

Property transfers

Here are the Richmond County property transfers for July 12-15. The date indicates when the transfer was recorded in the clerk's office.
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