Originally created 02/28/04

Business briefs



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AROUND TOWN

Health service has perfect review

Winyah Community Health Services announced it has received a perfect score on its recent annual inspection by the state Office of Regulatory Services.

The Georgetown, S.C.-based home health care company, which provides patient care in Richmond and Columbia counties, had zero deficiencies. The regulatory review included random observations and client interviews.

Representative will talk business

Rep. Max Burns, R-Ga., will be in Augusta on Monday at Richmond Hotel on Greene Street to hold a hearing of the U.S. House Committee on Small Business. The hearing, beginning at 2:30 p.m., will focus on the challenges to small business growth.

BRIEFLY

Fourth-quarter economy grows

WASHINGTON - America's economy, bolstered by brisk business spending, grew at a healthy 4.1 percent annual rate in the final quarter of 2003. The latest reading on the gross domestic product, was slightly better than the 4 percent pace estimated for the October-to-December quarter, the Commerce Department said Friday.

Prosecutors want home forfeitures

HOUSTON - Federal prosecutors are going after the lavish homes of two former top Enron Corp. executives accused of duping investors. The $4.7 million home of former CEO Jeffrey Skilling and the $950,000 residence of ex-accountant Richard Causey are among many forfeiture actions pending against defendants in Enron-related criminal cases.

State Farm shows profit for 2003

BLOOMINGTON, Ill. - Higher premiums and lower claims helped State Farm Insurance turn a $2.8 billion profit in 2003, reversing two straight years of multibillion-dollar losses. The turnaround mirrors a trend in the industry, which has bumped up premiums to compensate for investment income that sagged in 2001 and 2002.

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