Marathon organizers, downtown businesses work together to better capitalize...
The inaugural Rock ‘n’ Roll Savannah Marathon had an estimated $32 million economic impact.Many downtown businesses, particularly retailers, missed out on those spoils, however. Those stores had one of...
View ArticleClik here to view.
Tollison settles in at SEDA
When Steve Weathers resigned abruptly in September after two years as president of the Savannah Economic Development Authority, the SEDA board didn’t have to look far to find a new leader.Trip...
View ArticleBusiness calendar
QuickBooks SeminarsHancock Askew & Co. LLP has announced the 2012 QuickBooks Seminars in Savannah. There is no charge for these classes, which will be held in the Learning Center at 100 Riverview...
View ArticleClik here to view.
Savannah newsmakers
HIRES/PROMOTIONSTONY ANGELO New job title: Regional Vice President of the Southeast Region Company: Philadelphia Insurance Companies Duties: Angelo will oversee three PHLY offices that cover North...
View ArticleInside insurance: The Georgia report
The insurance industry in Georgia has a significant impact on the state’s economy that extends well beyond its responsibilities to collect premiums and settle claims. The Insurance Information...
View ArticleExchange in brief
Gas prices fell in SavannahAverage retail gasoline prices in Savannah fell 15.8 cents a gallon last week to $3.35 a gallon on Sunday. The national fell 9.6 cents a gallon last week to $3.56, according...
View ArticleLaHaise to lead The Coastal Bank
Longtime banking executive Jim LaHaise has been named president and CEO of The Coastal Bank, a locally owned and operated community bank headquartered in Savannah.The appointment is subject to...
View ArticleU.S. consumer spending rose 0.8 percent in September
WASHINGTON — Americans increased their spending in September at twice the rate that their income grew, a sign of confidence in the economy. Still, consumers made up the difference by saving less for a...
View ArticleWhere's the Savannah economy headed for the next four years?
Last Tuesday, I focused on ways in which the Obama administration and the federal government could have softened the impact of the housing bust.That bust is at the heart of the Savannah metro area...
View ArticleClik here to view.
Parker's opens new store, wins accolades
Parker’s, a Savannah-based regional chain, has opened a new-4,000-square-foot store at 2419 Augusta Road in Garden City.Parker’s 28th store was opened just after the company was recognized as a Market...
View ArticleClik here to view.
Northeast port closings felt in Savannah
With Hurricane Sandy closing major deepwater ports from Virginia to New York, a domino effect has delays stretching up and down the coast and into the nation’s heartland.“This storm has definitely...
View ArticleExchange in brief
Green Jet fuel powers Gulfstream flightsUOP LLC, a Honeywell (NYSE: HON) company, has announced that Honeywell Green Jet Fuel, produced using Honeywell’s UOP Renewable Jet Fuel process, powered...
View ArticleClik here to view.
Storm's cost may hit $50B
WASHINGTON — Superstorm Sandy will end up causing about $20 billion in property damages and $10-$30 billion more in lost business, according to IHS Global Insight, a forecasting firm.In the long run,...
View ArticleOur economic times: Capital gains and labor income
That taxes and job creation are garnering the most public attention two weeks before the national election is to be expected. And, correctly I believe, much focus is being paid to the revenue side of...
View ArticleGov. Deal: State money will get work started on port project
ATLANTA — Gov. Nathan Deal said Tuesday that the $181 million in state money already committed to the Savannah River channel deepening can immediately start the environmental parts of the project.As he...
View Article2,800 jobs could come to Georgia from Cat suppliers
ATLANTA — The number of jobs linked to Caterpillar’s decision to build an excavator plant in Athens could triple when the company’s suppliers build their factories in the state as well, Gov. Nathan...
View ArticleExchange in brief
Georgia Power’s Hill to chair foundation Armstrong Atlantic State University has announced the appointment of Cathy Hill, region vice president of Georgia Power, as board chair of the Armstrong...
View ArticleGM cuts European jobs, shares spike
DETROIT — Shares of General Motors surged Wednesday after the company announced big job cuts in Europe and reported third-quarter earnings that were far better than Wall Street expected.The Detroit...
View ArticleFirst Chatham Bank sells Quadrant subsidiary
CertusBank, N.A., with offices in South and North Carolina, Georgia and northern Florida, announced Wednesday it has agreed to acquire Quadrant Financial Inc., a subsidiary of Savannah-based First...
View ArticleSavannah trails in innovation
When we moved to Savannah 12 years ago, I brought with me my entire woodshop, my source of therapy and relief from the pressures of work. Among my floor tools was a grand old 1948 9-inch Model A South...
View Article