Articles from the Business section archive

Wednesday, July 16, 2014

Business news

Textron, parent company to Augusta-based E-Z-Go, said Wednesday that its second-quarter profit was 27 percent higher than a year ago on increased sales across all of its business units.

Rejected Fox bid for Time Warner shows growth mood

NEW YORK - In a move that aims to counter consolidation among TV distributors, Rupert Murdoch's Fox has made an unsolicited takeover offer for rival media giant Time Warner for about $76 billion ...
By Ryan Nakashima

Downtown building to be renovated

The renovation of a downtown building into a sushi restaurant and martini lounge is expected to start this summer.
By Jenna Martin

Construction roundup

Construction Maintenance Co.; B&S Machine Tool Co., 158 Old Wagener Road, Aiken; commercial building, $125,000

Millennials buying homes later

WASHINGTON — Younger Americans are waiting to buy homes because of changes in marital status, education and race.
By Josh Boak

E-Z-GO parents reports higher profits

Profit was $144 million, or 51 cents per share, compared to $113 million, or 40 cents per share, in the second quarter of 2013.

Tuesday, July 15, 2014

Cigarette maker Reynolds to buy Lorillard

Camel cigarette maker Reynolds American Inc.'s $25 billion deal to buy Newport maker Lorillard Inc. creates a formidable No. 2 tobacco company behind Marlboro maker Altria. 
By Michael Felberbaum

Lawn care companies rebound

Local lawn care businesses are welcoming the drier weather this summer after facing one of the wettest summers to go in Georgia's record books in 2013.
By Jenna Martin

Lay's newest flavor: Cappuccino?

Lay's newest flavor could be cappuccino; chip maker to announce new flavor finalists.
By Candice Choi

Chrysler, Saab and Harley-Davidson issue recalls

Chrysler says it is recalling 651,000 Jeep and Dodge SUVs in the U.S.

Yellen says economy still needs Fed support

Federal Reserve Chairwoman Janet Yellen says economy still needs high degree of Fed support because recovery not yet complete.
By Martin Crutsinger

SC strip clubs in trouble

MYRTLE BEACH, S.C. - The prosecutor in Horry County is asking a judge close five strip clubs, saying they have a reputation of prostitution, lewdness and are offensive to public decency.

Monday, July 14, 2014

Sales tax holiday dates set

South Carolina's back-to-school sales-tax holiday will be Aug. 1 through Aug. 3.

Citigroup to pay $7 billion over mortgages

WASHINGTON - Citigroup agreed Monday to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception.
By Eric Tucker

Overseas deals trim tax bills

A growing number of U.S. companies are looking to trim their tax bills by combining operations with foreign businesses,a trend that may cost the government billions in revenue.
By Tom Murphy

Physician adds 3rd urgent care location

Dr. Mark Newton is adding his third MedNow Urgent Care location in Augusta. He plans to add a fourth center near Grovetown in the next 12 to 18 months.
By Jenna Martin

Georgia tax collections end fiscal year up 5.2 percent

ATLANTA -- When the state's fiscal year wound up last month, tax collections were 5.2 percent above those of the previous year.

Sunday, July 13, 2014

Railroad industry fights to shape safety rules

WASHINGTON - A string of fiery train derailments across the country has triggered a high-stakes but behind-the-scenes campaign to shape how the government responds to calls for tighter safety rules.
By Joan Lowy

Who pays your doc? Coming soon to a site near you

Nearly 95 percent of U.S. physicians accept gifts, meals, payments, travel and other services from companies that make the drugs and medical products they prescribe, according to the "New England ...
By Matthew Perrone

Saturday, July 12, 2014

Biz Bits

Faye Davis was named top relocation agent for May by Century 21 Larry Miller Realty

Biz Bits

Faye Davis was named top relocation agent for May by Century 21 Larry Miller Realty
Databases

Restaurant inspections

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

Construction roundup

Construction Maintenance Co.; B&S Machine Tool Co., 158 Old Wagener Road, Aiken; commercial building, $125,000

On The Move

Amy Cook is a new residential sales agent at Meybohm Realtors.

Biz Bits

Ray Chadwick was appointed to the Georgia Commission of Dispute Resolution by the Supreme Court of Georgia. He is with Chadwick Mediation Services LLC.

Top headlines

Mother of newborn left in car to face possible indictment

Richmond County Civil and Magistrate Court Presiding Judge H. Scott Allen ruled at the conclusion of a preliminary hearing for 20-year-old Alicia Manigault that her case would be bound over to a ...
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