Exchange in brief
This week in BiS:• Teresa “Tee” Hannigan, is the director of information systems for the Parker Companies. She went to work for them when there was only one store that was an old-fashioned service...
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Savannah IT firm sold to Hargray Communications HILTON HEAD ISLAND, S.C, — Beaufort County-based Hargray Communications announced Wednesday it will buy iTech, a Savannah-based managed services...
View ArticleApple's profit rocket hits air pocket
NEW YORK — Apple’s profit surge halted in the latest quarter, as a flood of new products like the iPhone 5 meant high start-up costs for new production lines.Apple posted net income for the October to...
View ArticleAerospace only 4Q money-maker for General Dynamics
Massive charges resulting from shrinking government defense spending hammered General Dynamics in the fourth quarter, as the weapons systems and aerospace giant reported a huge fourth-quarter loss of...
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Restaurateurs seize opportunity, find success
Brian and Jennifer Huskey spent the drive between Hilton Head Island and their home in the Smoky Mountains of Tennessee discussing the “how” and not the “if” of opening a restaurant in Savannah.The...
View ArticleThe sky is fallilng - again
I have read a couple of recent articles describing individual investors as fleeing the stock market, ostensibly in favor of bonds. No doubt some investors are jittery over the fiscal cliff stuff or the...
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Exchange in brief
GM named for TV stationsBroadcast veteran Les Vann has been named president and general manager of WJCL-TV and WTGS-TV, parent company LIN TV Corp. announced Thursday.Vann has nearly 20 years of...
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PortSide: Georgia leads distribution center development
What started 15 years ago as a “leap of faith” — the development of a large business park to offer shippers options for warehousing and distribution — has snowballed into a national logistics trend,...
View ArticleApple's sales slowdown tugs Nasdaq index lower
NEW YORK — A sharp drop in Apple’s stock pulled the Nasdaq down with it after the tech giant warned of weaker sales. Other stock-market indexes eked out slight gains.Apple sank $63.50 to $430.50. With...
View ArticleJob recovery in Savannah has momentum
Savannah-area employers added 5,000 jobs in 2012, and the growth shows no signs of slowing.The total number of jobs in Chatham, Bryan and Effingham counties hit a four-year high in December even as the...
View ArticleBluffton firm wins S.C. tourism marketing contract
COLUMBIA, S.C. — South Carolina’s tourism agency didn’t have to turn to Florida or Massachusetts or even South Carolina’s big cities for help.The right skills and ideas were all in Bluffton.When...
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Waterfront Association hires new senior staff
The Savannah Waterfront Association has hired two executives with extensive backgrounds in event planning and organization to head the group in a move described as an effort to bring “exceptional event...
View ArticleFree enterprise: Singing the praises of Singapore
I just returned from an economist’s dreamland. It is country, where unpopular policies advocated by economists in the name of efficiency are implemented by politicians, who then get re-elected. That...
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Goodwill opens store on West Broughton Street
Goodwill of the Coastal Empire Inc. has opened a new store at 108 W. Broughton St.A ribbon cutting for the new store was held Thursday, and the store is open to the public.“We hope to provide downtown...
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N.C. bank sold to Bank of the OzarksBank of the Ozarks Inc. (NASDAQ: OZRK), which operates a branch in Savannah, announced Friday it will buy the First National Bank of Shelby in Shelby, N.C.Little...
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Exxon passes Apple as most valuable company
NEW YORK — Exxon has once again surpassed Apple as the world's most valuable company after the iPhone and iPad maker saw its stock price falter.Apple Inc.'s stock has been on the decline since the...
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Savannah Coffee Roasters to open cafe downtown
Savannah Coffee Roasters' promised return to the local café scene is nearing fulfillment.Company CEO Lori Collins is purchasing the former Huskey Auto Parts store and warehouse on Liberty Street....
View ArticleBusiness events
Hilton Head-Bluffton Chamber restaurant weekMore than 50 member restaurants will offer special prix-fixe multi-course menus for Lowcountry diners, Jan. 26-Feb. 2.Date: Jan. 26-Feb. 2For more...
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Newsmakers
HIRES/PROMOTIONSBRIAN PURTELLNew job title: Chief financial officerCompany: Kole ManagementDuties: Purtell’s duties include directing the accounting department, managing employee benefits, strategic...
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QuickBooks questions? Ask our experts
Being a small business owner is never easy. But these days, tax changes and new regulations make it even more difficult to stay ahead of the game.One tool many entrepreneurs have turned to is...
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