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NuStar selling asphalt business

NuStar Energy LP of San Antonio, Texas, announced Monday that it has entered into an agreement with an affiliate of Lindsay Goldberg LLC, a private investment firm, to divest all of its 50-percent...

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Dawers: Floyd Adams' legacy includes emphasis on blight, quality of life

It was really touching over the weekend to read so many heartfelt remembrances of Floyd Adams.For those of us who did not know him personally, the comments and stories have added new dimensions to his...

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Business in Savannah in brief

Ga. pickle plant expected to create up to 50 jobsMACON — A sliced-pickle plant planned for central Georgia is expected to create up to 50 jobs.The plant is being opened in Bibb County by Mr. Chips...

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Facebook barrels ahead on 10th anniversary

NEW YORK — It has been 10 years since a Harvard sophomore named Mark Zuckerberg created a website called Thefacebook.com to let his classmates find their friends online.They did. And in the decade...

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Finally 'we can feel comfortable'

These days, when Georgia Ports Authority Executive Director Curtis Foltz takes to the stage, it’s a pretty safe bet that he’s there to talk about the Savannah Harbor Expansion Project, a plan to deepen...

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Troubled waters for Wilmington Island marina after zoning change petition denied

A Wilmington Island marina’s expansion plan was headed for troubled waters after its petition to get a commercial zoning change was denied Tuesday. Richard Long, owner of Sail Harbor Marina on...

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Microsoft names cloud computing chief as next CEO

LOS ANGELES — Microsoft has named the head of its cloud computing business as the company’s next CEO, tapping a longtime insider to lead efforts to catch rivals in mobile devices and offer more...

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Crackdown on Airbnb hosts in Savannah prompts closer look at zoning restrictions

Cuyler-Brownsville homeowner Vickie Weaver has hosted more than 30 guests from a half dozen countries, many of whom have left glowing reviews of their stay in Savannah on the popular vacation rental...

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Business in Savannah in brief

Home prices in Savannah increaseHome prices, including distressed sales, increased by 9.6 percent in Savannah in December 2013 compared to December 2012, according to CoreLogic, a residential property...

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Savannah to lose direct flight to DC

The recently approved merger of two major air carriers will cost Savannah its direct service to Washington D.C.’s Reagan National Airport.American Airlines hasn’t announced when service will end, but...

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Panama Canal expansion stops amid dispute

PANAMA CITY — Work on the ambitious Panama Canal expansion project was halted Wednesday after talks broke down on how to settle a dispute over $1.6 billion in cost overruns.Panama Canal Authority...

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U.S. stocks end down slightly

Wall Street took a step backward Wednesday. Then a tiny step forward. Then back.The tentative dance amounted to little change for major U.S. stock indexes, which ended the day just below their prior...

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CVS Caremark plans to stop tobacco products sales

CVS Caremark to stop tobacco product sales The move, which drew praise from President Barack Obama, doctors and anti-smoking groups when it was announced on Wednesday, puts pressure on other retailers...

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Ben Carter unveils $75 million Broughton Street development plan

Developer Ben Carter outlined his plan on Thursday morning to return Broughton Street to its former glory as a shopping and dining hub before the large department stores moved out of downtown. Carter...

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Business in Savannah in brief

Step Up Savannah’s executive director quitsDaniel Dodd-Ramirez, executive director of Step Up Savannah Inc., announced Wednesday he’s resigning to accept a position in Washington, D.C.Dodd-Ramirez has...

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Navy League honors business volunteers

Last week’s wacky weather pushed the Savannah Navy League’s first meeting of 2014 from Jan. 28 to last Tuesday evening, but it didn’t dampen the celebration.Navy Leaguers recognized all the local...

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SouthCoast Medical opens Richmond Hill campus

Richmond Hill and Bryan County officials gathered with medical personnel for the ribbon-cutting of the SouthCoast Medical Group Medical Campus on Wednesday morning.John Marrero, administrator of...

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Tanger, Ben Carter announce retailers, updated plans for Pooler outlet mall

Pooler’s future outlet mall, Tanger Savannah, is coming together nicely, according to its chief developer, Ben Carter, and his new partner, Steve Tanger, president and CEO of Tanger Factory Outlet...

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Twitter stock sinks on user growth worries

NEW YORK — Twitter’s stock is sinking on worries that the short online messaging service is not popular enough.Twitter Inc. had reported stronger-than-expected revenue and adjusted earnings in its...

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Immigration overhaul unlikely

WASHINGTON — Speaker John Boehner on Thursday all but ruled out passage of immigration legislation before this fall’s elections, saying it would be difficult for the Republican-led House to act on the...

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