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U.S. retail sales fall 0.4 percent in March

WASHINGTON — Sales at U.S. retailers fell in March from February, indicating that higher taxes and weak hiring likely made some consumers more cautious about spending.Retail sales declined a seasonally...

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Oil falls 2 percent, gas prices to keep dropping

NEW YORK — Signs that the global economy isn’t strong enough to quickly burn through the world’s ample supplies of oil and gasoline sank crude oil prices for a second straight day.Weak U.S. economic...

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Exchange in brief

Wells Fargo profit jumps in first quarterNEW YORK — Wells Fargo, the nation’s biggest mortgage lender, said its first-quarter profit surged 23 per cent after it cut expenses.The lower expenses helped...

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Harbor deepening: What happens now?

If there is anything state and port officials have learned to deal with in their quest to deepen the Savannah harbor, it’s disappointment. From delays and study rewrites to environmental issues and...

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Obama budget leaves Savannah port short: What next?

President Obama’s proposed budget has just $1.28 million for the Savannah Harbor Expansion Project, which would deepen the Savannah River channel to 47 feet to better accommodate larger vessels...

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S.C. complains of bottleneck on new Back River Bridge

South Carolina is worried about Georgia’s plan to build a new Back River Bridge to connect Savannah to Jasper County, S.C.Specifically, state and local officials are warning of a bottleneck. They fear...

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Taste of Pooler and the Westside ThursdayThe Taste of Pooler and the Westside will be held from 5-7 p.m. Thursday, April 18, at Crosswinds Golf Club, 232 James B. Blackburn Drive, near Interstate 95...

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Newsmakers

HIRES/PROMOTIONSHARVEY JOHN GILBERT, JR.New job title: Partner Company: Gilbert & Ezelle Real Estate Services Duties: Gilbert will execute a broad range of commercial real estate and brokerage...

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Business events

Digital Imaging BasicsA two-night course on photography language and equipment, scene modes and menu options and more. Date: April 16 and 23Time: 6:30-8:30 p.m.Location: The Coastal Georgia Center, 305...

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Nordic blasts into Savannah market

 Nordic Cold Storage has announced the grand opening of the first phase of its state-of-the-art storage and blast facility, located just minutes from the Port of Savannah.The site has more than 200,000...

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Savannah's Drayton Tower: High class, high price

The rebirth of Drayton Tower is great news for downtown Savannah.For the last half of the 20th century, the international style building on Liberty Street had 188 small apartments. That concentration...

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Rising costs weigh on U.S. homebuilder confidence

U.S. homebuilders are concerned that limited land and rising costs for building materials and labor will slow sales in the short term.Still, their outlook for sales over the next six months climbed to...

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Gas prices still dropping in SavannahAverage retail gasoline prices in Savannah have fallen 5.6 cents a gallon in the past week to $3.43 per gallon on Sunday, according to GasBuddy’s daily survey of...

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JCB marks record year

British global heavy equipment manufacturer JCB says 2012 was the best year in its 67-year history, with earnings reaching a new record.Earnings rose to $584 million on an EBITDA basis (earnings before...

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Joint port could save $1B

CHARLESTON, S.C. — A massive container ship terminal planned by South Carolina and Georgia is expected to cost a billion dollars less than an initial projection, but construction permits need to be...

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Savannah entrepreneur leaves for a reason

Too often the question is asked why do young talented people leave Savannah? Brittney Blackshear is a young, talented entrepreneur who recently left Savannah for a better opportunity in Nashville,...

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Gulfstream's Asia-Pacific fleet triples

Gulfstream Aerospace Corp. has more than tripled its Asia-Pacific fleet in the last six years, with the bulk of the growth coming from large-cabin aircraft, which have increased in the region from 50...

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Exchange in brief

This week in BiS:• Paul DeVivo, who owns DeVivo Marketing, has been promoting Tybee Island and Tybee businesses for 20 years along with doing social media marketing, domain name registration and...

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Exchange in brief

Savannah SCORE adds mentorTim Clemm, who spent most of his career in food service marketing and product development for food and food service manufacturers such as Campbell Soup Co. and Hormel...

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'Flyby Vintage' to open at airport

At first glance, it seems incongruous — an antiques shop in an airport.On second look, it starts to make a lot of sense. And Alton Brecker has looked long and hard at it.“Think of it — nearly 2 million...

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