Exchange in brief
Ground breaking set for Effingham movie studioMedient Studios announced Wednesday the company will hold a ground-breaking ceremony on Aug. 29 for the 1,550-acre property it’s developing in Effingham...
View ArticleGulfstream sales push General Dynamics profits up
Surging sales of Gulfstream business jets helped General Dynamics offset declining revenues in combat systems and pushed second quarter profits beyond analysts’ expectations, company CEO Phebe...
View ArticleCoca-Cola, PepsiCo see soda declines continue
NEW YORK — It seems that not even Beyonce or new, lower-calorie options can convince Americans to drink more soda.Coca-Cola Co., PepsiCo Inc. and Dr Pepper Snapple Group Inc. all sold less soda in the...
View ArticleCheaper fuel helps 2Q results at Delta, US Airways
DALLAS — Airline passengers are finding less room to stretch out on packed planes, but while their knees are aching at least they’re not paying much more for the ride.Figures released Wednesday by the...
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Spa owner stresses passion in building brand
Courtney Victor once considered the following job description a “dream:”• Position: Front desk receptionist• Location: Manhattan• Salary: $22,000 annually• Shift hours: 5:45 a.m. until“People were...
View ArticleSavannah jobless rate level year to year
Metro Savannah’s unemployment rate increased to 8.8 percent in June, up nine-tenths of a percentage point from 7.9 percent in May, the Georgia Department of Labor announced today. The rate was also 8.8...
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Colonial sells bunker operations
Colonial Group has sold its bunkering business to Chemoil Energy Limited, one of the marine fuel industry’s leading physical suppliers, according to several sources, including Ship & Bunker...
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AGL agrees to phase in pipe-replacement costs
ATLANTA — Atlanta Gas Light agreed Thursday to phase in higher customer charges totaling $275 million for the replacement of aging plastic pipe. It would raise customers’ monthly bills by roughly 45...
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Second quarter turning point for United Community BanksUnited Community Banks, Inc. (NASDAQ: UCBI), which has an office on Johnson Square in Savannah, Thursday reported net income of $230 million, or...
View ArticleNew Impala tops sedans in Consumer Reports tests
DETROIT — The first American sedan in 20 years to earn Consumer Reports top score is the Chevrolet Impala. The magazine has ranked the completely reworked 2014 version of the full-size car as its top...
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Savannah's Senior Citizens, Inc., recognizes 'summer angels'
Senior Citizens Inc. held a recognition ceremony Friday morning for middle-grade students who spent their summer break working with older citizens with different degrees of need in a variety of living...
View ArticleU.S. consumer sentiment reaches 6-year high in July
WASHINGTON — Americans are more confident about the economy than at any time since July 2007, a survey found, suggesting consumers will spend more and accelerate growth in the months ahead.The...
View ArticleFree enterprise: The power of information
If we needed a reminder of the power of information, the indictment of SAC Capital Advisors by a grand jury for insider trading was that cue.The court papers (available at http://goo.gl/HsmhAF) make...
View ArticleToyota top-selling automaker despite China slump
TOKYO — Toyota shrugged off China sales woes to stay the world’s top selling automaker for the first half of this year, outpacing U.S. rival General Motors Co., which boasted such bragging rights for...
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Pub crawl will raise money for St. Vincent’sSt. Vincent’s Academy will host a Trolley Pub Crawl from 7-10 p.m. tonight to raise funds for the school’s capital campaign.This is St. Vincent’s first...
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'Right man, right time'
When Col. Jeffrey Hall passed the colors — and command — of the Savannah District, U.S. Army Corps of Engineers to Col. Thomas J. Tickner little more than a week ago, he described his successor as “the...
View ArticleHusband, wife open third Factors Walk store
Savannah Belle has been open since late winter, but the grand opening event was just last Saturday.The newish boutique is located at 206 E. Bay St. on Factors Walk. Neighboring businesses include...
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Wells Fargo exec: small businesses need guidance
NEW YORK — When Lisa Stevens speaks about her role as head of small business banking at Wells Fargo & Co., she focuses more on how she can help her customers rather than how she can grow the bank’s...
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Leukemia society forms new committeeThe Savannah Office of The Leukemia & Lymphoma Society Georgia Chapter has announced five local business leaders will make up a new Leadership Committee for...
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Newsmakers
HIRES/PROMOTIONSJUSTIN B. DAMRONNew job title: Associate Company: Southeastern Oral & Maxillofacial Surgery Associates PCEducation: Damron attended Indiana University where he graduated with a B.A....
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