IRS loses appeal on new rules for tax preparers
McLEAN, Va. — The IRS on Tuesday lost a federal appeal in a legal battle over its effort to institute competency exams and other new regulations for as many as 700,000 paid tax preparers.A three-judge...
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Medient CEO 'puts his money where his mouth is'
Manu Kumaran, chairman of the board and CEO of Medient Studios Inc., says his conversion of personal loans into common stock at book value shows his confidence in the “studioplex” planned for Effingham...
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Tourism council to present awardsThe Tourism Leadership Council will host its 16th annual awards dinner Feb. 26 at the Savannah International Trade and Convention Center.The names of the finalists for...
View ArticleSEDA, city moving on inventory tax issue
The Savannah Economic Development Authority on Tuesday updated its board on the progress of efforts to remove the inventory tax for companies located in Savannah and Pooler, a priority the organization...
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Yellen rebuffs Fed critics and pleases investors
WASHINGTON — Janet Yellen pursued a simple strategy Tuesday for handling a battery of lawmakers who came armed with skepticism about the Federal Reserve.Politely stand your ground. Be consistent....
View ArticleImagining (and creating) a brighter future for Savannah
I have been told I am crazy for believing in the power of community and that art is essential for innovation. Please let me share more about my personal delusions.As I stand at the light on Bay Street...
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Paula Deen lands $75 million investment deal
Paula Deen is cooking up quite the comeback.The celebrity chef and former Food Network star recently inked a lucrative deal with Phoenix-based private investment firm Najafi Companies worth between $75...
View ArticlePanama Canal chief reports progress in dispute
PANAMA CITY — Panama Canal Administrator Jorge Quijano said Wednesday the agency has reached tentative agreement with contractors on some of the issues that have stalled work on the biggest expansion...
View ArticleObama raises minimum wage for contract workers
WASHINGTON — President Barack Obama increased the minimum wage for a few hundred thousand federal contractors on Wednesday, then pressed the divided Congress to pass broader legislation that would...
View ArticleAmazon to hire 2,500; Verizon shake-up affects 3,000
SEATTLE — Amazon says it is hiring more than 2,500 full-time workers at its order fulfillment centers around the U.S.Amazon.com Inc. plans to announce Wednesday that the jobs are available in Chester,...
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Wet Willie's CEO talks neuroscience at BIS lunch
Founder and CEO of Savannah-based frozen daiquiri chain Wet Willie’s, Bill Dickinson, spoke at the Business in Savannah Luncheon series Wednesday, explaining the uncanny intersection of neuroscience...
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Citi Trends sales down in fourth quarterSavannah-based Citi Trends Inc. (NASDAQ: CTRN) reported Wednesday total sales in fiscal 2013, which had 52 weeks, a decrease of 5.0 percent to $622.2 million...
View ArticleFed: Businesses in Southeast expect hiring, inflation to rise
ATLANTA — Businesses in the Southeast expect to be hiring, and they’re predicting they’ll have to pay more to attract the new workers.As a result, they predict that inflation will clock in at 2 percent...
View ArticleLove is a verb; 10 ways to show you care
You’ve heard it said that actions speak louder than words.So with Valentine’s Day around the corner, how will you show your loved ones you care this year?Will you choose flowers or candy or a card?...
View ArticleGeorgia World Congress Center selected to manage Savannah International Trade...
The Georgia World Congress Center Authority has been selected to manage the Savannah International Trade & Convention Center.The board of the Georgia International Maritime and Trade Center...
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Whole Foods' 1Q profit up 8 percent
NEW YORK — Shares of Whole Foods Market Inc. dropped in after-hours trading Wednesday after the grocery chain reported fiscal first-quarter profits and revenue fell below analysts’ forecasts. The...
View ArticleWhat's on: Nielsen TV Ratings
WHAT’S ON: NIELSENTV RATINGSHere are the prime-time viewership numbers compiled by Nielsen for Feb. 3-9. Listings include the week’s ranking and viewership.1. Winter Olympics Opening Ceremony, NBC,...
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Hey Romeo, thank these guys for bringing the roses
MIAMI — If Cupid were to have a home, it would be Miami International Airport.It’s there that 85 percent of imported flowers — including most Valentine’s Day roses — arrive in the United States, many...
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Bank opens Statesboro mortgage officeThe Coastal Bank has opened a mortgage loan production office in Statesboro at 1100 Brampton Ave., Suite L. “We believe that Statesboro has a strong, growing...
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Comcast strikes deal to buy Time Warner Cable
LOS ANGELES — With a single behemoth purchase, Comcast is creating a dominant force in American entertainment and presenting federal regulators with an equally outsized quandary: How should they handle...
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