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Archive By Section - Business


State jobless rate rises to 7.4 percent for June

ATLANTA - The Georgia Department of Labor announced Thursday that Georgia's seasonally adjusted unemployment rate for June was 7.4 percent, up two-tenths of a percentage point from 7.2 percent in May. The rate in June of last year was 8.4 percent.

July 17, 2014 | Staff report | Business


New Medient master plan expected soon

The revised master plan for a planned massive studioplex in Effingham County could be finished within two weeks, Industrial Development Authority members learned Thursday.

July 17, 2014 | By Patrick Donahue | Business


Chamber effort teaches businesses how to protect themselves

Many consumers recall being affected by, or at least hearing about, thieves hacking into credit and debit card data of millions of Target customers this past holiday season.

July 14, 2014 | By Paul Floeckher | Business


State high court rejects class-action suit on G-P

State Supreme Court justices ruled Friday that a group of homeowners are not entitled to bring a class-action lawsuit against Georgia-Pacific's Savannah River Mill.

July 14, 2014 | By Patrick Donahue | Business


Former Medient CEO gets hearing date for injunction

A Nevada judge has granted a temporary restraining order to the former CEO and chairman of Medient Studios.

July 10, 2014 | By Patrick Donahue | Business


Effingham IDA sets budget for upcoming fiscal year

The Effingham Industrial Development Authority has approved a $6.49 million budget for its coming fiscal year, making no significant changes to its draft budget.

June 30, 2014 | By Patrick Donahue | Business


Shareholder sues Medient

A Medient shareholder has filed suit against its current board of directors and its ousted CEO and board chairman, claiming the company has breached its fiduciary duty and the defendants are guilty of "gross mismanagement."

June 30, 2014 | By Patrick Donahue | Business


Rural Physician Bus Tour makes a stop at Effingham Health System

Effingham Health System hosted physicians, health care organization representatives and health information technology experts June 25 during a Rural Physician Bus Tour, an event designed to provide information and technical assistance on the Meaningful Use Attestation process.

June 30, 2014 | Staff report | Business


Morgan re-elected to Georgia Health Care Association board

Effingham Health System Chief Executive Officer Norma Jean Morgan recently was re-elected to the Georgia Health Care Association board of directors at the summer board meeting.

June 30, 2014 | Staff report | Business


SEC halts Medient stock trading

The ousted CEO and chairman of the board has filed suit against the remaining Medient Studios board members, and the Securities and Exchange Commission has suspended trading in Medient's stock until July 9.

June 26, 2014 | By Patrick Donahue | Business


CNBC rates Georgia tops for business

Gov. Nathan Deal is celebrating the announcement by CNBC that named Georgia as the No. 1 place for business in the nation.

June 26, 2014 | Staff report | Business


Slight rise in unemployment for Coastal Georgia

ATLANTA - The Georgia Department of Labor announced Thursday that the unemployment rate in the Coastal Georgia region increased to 7.5 percent in May, up eight-tenths of a percentage point from 6.7 percent in April. The rate was 8.1 percent in May a year ago.

June 26, 2014 | Staff report | Business


IDA holds off on Medient supplemental agreement

A supplemental project agreement between the Effingham Industrial Development Authority and a film studio planning to build a massive production facility in Effingham is on hold, as the studio reorganizes its leadership.

June 23, 2014 | By Patrick Donahue | Business


Site selector gets option on part of Treutlen site

The Effingham Industrial Development Authority has entered into a purchase option with site selector for about 21 acres at the Governor Treutlen site.

June 23, 2014 | By Patrick Donahue | Business


Foster to retire as bank’s leader

FCB Financial Holdings, Inc., parent of First Chatham Bank, has announced the retirement of Brian Foster as president and CEO of both the holding company and bank.

June 23, 2014 | Staff report | Business


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Articles by Section - Business


Curtain falls on Effingham studioplex project

The ambitious plans for a massive movie studio complex in Effingham County are now on the cutting room floor.

April 26, 2016 | By Patrick Donahue | Business


Parker's celebrating 40 years of business

The original plan for Greg Parker was to go to law school. Running a convenience store and then building one of the most successful convenience ...

April 24, 2016 | By Patrick Donahue | Business


State jobless rate rises to 5.5 percent

ATLANTA-The Georgia Department of Labor announced that the state's seasonally adjusted unemployment rate in March was 5.5 percent, up one-tenth of a ...

April 14, 2016 | Staff report | Business


Georgia Power base rates to remain flat through 2019

Georgia Power announced today that its base electric rates will remain flat through 2019.

April 14, 2016 | Staff report | Business


Give your investment portfolio a spring cleaning

Now that spring has officially sprung, you might look around your home and decide it's time for some sprucing up. But you don't ...

April 06, 2016 | By Ryan Waters | Business


Bienvenue, DRT

Surrounded by pine trees, DRT America's first U.S. facility may have a fitting environment.

April 05, 2016 | By Patrick Donahue | Business


IDA will build a road — but it may not lead to studio

The Effingham Industrial Development Authority remains committed to building an entrance road into its property north of Interstate 16 and off Old River Road. Whether ...

April 05, 2016 | By Patrick Donahue | Business


Company calls a halt to Palmetto Pipeline work

A company looking to build a controversial pipeline through much of eastern Georgia, including Effingham County, has announced it is suspending work on the project.

April 05, 2016 | By Patrick Donahue | Business


Area unemployment rates on the rise

ATLANTA-The Georgia Department of Labor announced Thursday that the unemployment rate in the Coastal Georgia region in February was 5.5 percent, up one-tenth ...

March 30, 2016 | Staff report | Business


Avoid problems by updating beneficiary designations

Like many people, you might not particularly enjoy thinking about your estate plans, but such planning is necessary to make sure your assets go where ...

March 30, 2016 | By Ryan Waters | Business


Should you retire in ‘stages’?

For many people, the concept of retirement can be scary, both emotionally and financially. If you, too, feel somewhat anxious about what awaits you, you ...

March 23, 2016 | By Ryan Waters | Business


Georgia Ports container trade up 8 percent

Georgia Ports Authority Executive Director Curtis Foltz reported 8 percent growth in containerized trade in February, compared to the same month a year ago.

March 23, 2016 | Staff report | Business


State jobless rate holds steady

ATLANTA-The Georgia Department of Labor announced that the state's seasonally adjusted unemployment rate in February was 5.4 percent, unchanged from January. The ...

March 23, 2016 | Staff report | Business


With OmniTRAX in the fold, IDA to re-look at its plans

The Effingham Industrial Development Authority's deal with a company to market and develop its Research Forest Tract could have a ripple effect on its ...

March 23, 2016 | By Patrick Donahue | Business


St. Joseph's/Candler Immediate Care opens

Effingham Chamber of Commerce representatives help St. Joseph's/Candler Immediate Care cut its ribbon. The office, at 5621 Highway 21 South, will treat children ...

March 16, 2016 | Staff report | Business


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