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General Dynamics profit rises on jet sales
General Dynamics Corp. — corporate parent of Gulfstream Aerospace — reported a rise in fourth-quarter profits of nearly 42 percent over the same quarter in 2013, with orders for Gulfstream business...
View ArticleNew statute allows savings plans for special needs individuals
Parents of children with special needs have a new option to provide for their children’s futures thanks to a new statute recently signed into law by President Obama.The Achieving a Better Life...
View ArticleUnited Community buys Tennessee bank
BLAIRSVILLE — United Community Banks has reached an agreement with MoneyTree Corp. to buy Lenoir City, Tenn.-based MoneyTree and its subsidiary, First National Bank, in a deal valued at about $52...
View ArticleUnemployment rate up slightly in metro Savannah
ATLANTA – Metro Savannah’s unemployment rate for December was 6.2 percent, up one-tenth of a percentage point from 6.1 percent in November, the Georgia Department of Labor announced Thursday. The rate...
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YMCA of Coastal Empire announces new executive director
The YMCA of Coastal Georgia has announced that Joel Smoker will become the next president and chief executive officer of the organization.The YMCA’s board of directors, acting on the recommendation of...
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It's official: Savannah harbor deepening underway
With a symbolic, echoing boom from the 1824 cannon atop Old Fort Jackson on Thursday morning, the U.S. Army Corps of Engineers officially kicked off the long-awaited construction phase of the Savannah...
View ArticleAmeris Bank reports record earnings for 2014
Ameris Bancorp on Thursday reported operating net income of $41.0 million, or $1.56 per share, for the year that ended Dec. 31, compared to $21.4 million, or $0.89 per share, in 2013.“We are proud of...
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On the Fast Track
Earlier this week, to no one’s surprise, Georgia Ports announced it had posted another record year, moving 3.3 million containers in 2014. Good for our ports — and good for anyone looking for a job in...
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Wheels for workers: Savannah Bicycle Campaign launches new mobility program
When Mohammad Wasiq moved from Kabul, Afghanistan, to Savannah with his wife and daughter four months ago, it took him nearly half an hour to walk to his job at a hotel every day.Now, thanks to a new...
View ArticleBusiness in Savannah in brief
Savannah Tech to Give Kids a Smile Savannah Technical College will host Give Kids a Smile, a free event for children ages 3 to 18, from 9 a.m. to 3 p.m. Friday, Feb. 6, in the Eckburg Auditorium, 5717...
View ArticleOur Economic Times Dodd-Frank on its way out?
Either we have forgotten which sector of the economy brought global markets to their knees in 2008, or we have succumbed to a disastrously distorted incentive structure within the political sphere. Six...
View ArticleCost pressure intensifies for Southern Co. nuclear plant
ATLANTA — The delays and cost overruns are piling up for a new plant in Georgia that was supposed to prove nuclear energy can be built affordably.Instead, the companies building first-of-their-kind...
View ArticleConsumers fuel steady U.S. economy as rest of world struggles
WASHINGTON — There’s a good reason the U.S. economy is impressing the world right now despite a slowdown in the final three months of 2014: In a word, steadiness.Companies have been hiring at healthy...
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Shareconomy gets foothold in Savannah
In the not-so-distant past, traveling on the cheap meant staying at a seedy roadside motel and deciphering cryptic bus schedules in whatever metropolis you happened to be visiting. Not anymore.Welcome...
View ArticleBusiness Events
Greater Bluffton Chamber of Commerce’s Morning Coffee NetworkingDate: Feb. 3Time: 8:30 p.m. Location: Chamber Headquarters, 217 Goethe RoadSpeaker: Jim Moore with Blue Water Development and Michelle...
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Newsmakers
ROB EDWARDSNew job title: Executive vice president and chief credit officerCompany: United Community Banks Inc.Related Work Experience: Edwards has been in the banking industry for more than 25 years...
View ArticleSeminars for growing business offered by Small Business Development Center
The Small Business Development Center (SBDC), an outreach unit of the University of Georgia, will offer a three-part series titled “Grow. Manage. Fund” at 6-8:30 p.m. beginning Wednesday, Feb. 25, at...
View ArticleBusiness in Savannah in brief
Advisory committee formed for South University programSouth University has created a program advisory committee comprised of local communications professionals who will guide the institution’s growing...
View ArticleStrong employment numbers for metro Savannah to finish 2014
About a month ago, various analysts around town, including me, were trumpeting a strong 2014 for the regional economy and predicting solid growth in 2015, too.We were making those judgments and...
View ArticleAverage Savannah gas price barely more than $2
Average retail gasoline prices in Savannah have risen 0.8 cents a gallon in the past week to $2.02 a gallon on Sunday, according to GasBuddy’s daily survey of 262 gas outlets in Savannah. The national...
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