Business in Savannah in brief
Colony Bankcorp Inc. announces 4Q resultsColony Bankcorp Inc., on Friday reported net income available to shareholders of $1.3 million or $0.16 per diluted share for the fourth quarter of 2014 compared...
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Making resolutions for your tourism business
We’re 24 days in, and most of the New Year’s resolutions that are going to stick are stuck. But, in tourism, we’re just coming up for air after serving guests through the holiday season. So before St....
View ArticleExpedia buys booking site Travelocity for $280M in cash
NEW YORK — Expedia has acquired travel booking site Travelocity from the Sabre Corp. for $280 million in cash.The deal adds to Expedia’s growing portfolio of websites. The Bellevue, Washington-company...
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$2 gasoline: Good times keep rolling at the pump
NEW YORK — At some point this will end, perhaps even soon. The price of gasoline will not fall to zero.But for the first time since 2009, most Americans are paying less than $2 a gallon. Just three...
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Rail still rules logistics landscape
One of the first tenants of the logistics business is this: Time is money.Nowhere is that more apparent than at our nation’s container ports, where speed and efficiency — in transit, in loading and...
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South University to host Lean Six Sigma seminarSouth University will host a Lean Six Sigma seminar for business professionals on campus from 8 a.m. to 5 p.m. Saturday, March 7.Lean Six Sigma is...
View ArticleNeed medical care? Area relies on Technical College of the Lowcountry grads
The Technical College of the Lowcountry’s high placement rate puts the school among the top three institutions in South Carolina’s 16-school technical college system.With 93.2 percent placed in a job...
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Chamber Restaurant WeekDate: Jan. 24-31Subject: Chamber Restaurant Week is presented by the Hilton Head Island-Bluffton Chamber of Commerce. The weeklong event features more than 70 member restaurants...
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Newsmakers
ANSLEY BOURNNew job title: Ocean export bookings and traffic team leaderCompany: Page InternationalDuties: Bourn will provide leadership, oversight and guidance to her team to discover and implement...
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Savannah port tops 3.3 million containers
Surging December numbers topped off a record-setting 2014 for Georgia Ports Authority, Executive Director Curtis Foltz told his board Monday.Led by a 10.2 percent increase in 20-foot container units —...
View ArticleSavannah area average gas price at $2.01
Average retail gasoline prices in Savannah have risen 1.6 cents per gallon in the past week, to $2.01 a gallon on Sunday, according to GasBuddy’s daily survey of 262 gas outlets in Savannah. The...
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Savannah area gas prices average $2.01Average retail gasoline prices in Savannah have risen 1.6 cents a gallon in the past week, to $2.01 a gallon on Sunday, according to GasBuddy’s daily survey of 262...
View ArticleHome Depot pitches in to help American Legion Post 135
As many of you know, a fire last spring caused significant damage in the rear of the first floor of the American Legion Post 135 and caused smoke damage throughout the building. The grand ballroom on...
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Low inflation likely to keep Fed 'patient' about a rate hike
WASHINGTON — The Federal Reserve ended 2014 with a pledge to be “patient” in raising interest rates from record lows. The way things are going, its patience may endure for a long while.Though the U.S....
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Historic Savannah Foundation kicks off 60th anniversary year
The Historic Savannah Foundation is kicking off its 60th anniversary with several initiatives and projects as it continues working to save Savannah’s historical buildings from the ever-present wrecking...
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Record iPhone sales drive blowout quarter for Apple
SAN FRANCISCO — Apple had another blowout quarter thanks to its new plus-sized iPhones, which helped the company smash sales records for the holiday season.Apple said Tuesday that it sold 74.5 million...
View ArticleOne paper towel can change the world
My life changed forever the day I watched my first TED talk on YouTube. The video was about paper towels. Specifically, how Americans can collectively use 571,230,000 fewer pounds of paper each year by...
View ArticleU.S. company outlooks worry investors, sending stocks lower
U.S. stocks slumped Tuesday after some of the market’s largest companies reported disappointing earnings, taking investors on a turbulent ride that deepened the losses for the year.The companies that...
View ArticleNew retailers, yoga studio coming to Broughton Street
Ben Carter Enterprises has announced a few new leases on Broughton Street as the developer continues restoration and renovation work on several of his buildings along the corridor.Among the newly inked...
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Demand for airplanes lifts Boeing's 4Q profit
DALLAS- Boeing Co.’s fourth-quarter profit rose 19 percent as demand for commercial airliners trumped weakness in its defense business.Investors looked past a muted outlook for 2015 earnings and sent...
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