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Think twice before taking out a loan from your 401(k)

Your car could break down. You might need a new furnace. You have to pay for one last term of college for your child. Whatever the reason, you may someday need a large sum of money in a hurry. And as you look around for a source of funds, your eyes might come to rest on your 401(k) plan. It's there, it's yours - why not tap into it?

March 26, 2009 | Frank Bevenour Guest Columnist | Business


Debt Relief USA to fork over $500K

ATLANTA - Joe Doyle, administrator of the Governor's Office of Consumer Affairs, announced that the agency has entered into a settlement with Debt Relief USA, Inc., a debt adjustment company, over allegations that it violated Georgia's Debt Adjustment Act.

March 26, 2009 | Staff Report | Business


State unemployment mark hits 9.3 percent

ATLANTA – The Georgia Department of Labor reported that the state's seasonally adjusted unemployment rate rose to 9.3 percent in February, the highest rate ever recorded in Georgia. The previous high was a revised 8.5 percent in January.

March 23, 2009 | Staff Report | Business


IRS to hold Super Saturday to answer tax prep questions

ATLANTA - The Internal Revenue Service and scores of its community partners will open their doors on March 21, to help people who need free tax preparation, a question answered or a payment schedule arranged. The IRS recognizes that many taxpayers in the area may be confronting financial difficulties and need additional help this tax season. Therefore, seven IRS Taxpayer Assistance Centers in Georgia, including the Atlanta site (401 W. Peachtree St. NW), will offer free tax preparation and help with tax issues on "Super Saturday", a special service day, from 9 a.m.-2 p.m.

March 19, 2009 | Staff Report | Business


Sassy Steps introducing a Kindermusik program

Sassy Steps School of Dance and Baton is offering a new musical learning program for families with children ages newborn and up - Family Time. The new curriculum, created by Kindermusik, is designed to apply musical and developmental learning in a multi-age, multi-child, family environment.

March 16, 2009 | Staff Report | Business


President’s budget sustains many SBA credit programs

WASHINGTON, D.C. - President Barack Obama's FY2010 budget overview offers full support for the U.S. Small Business Administration's credit programs, authorizing SBA to support loan guarantees of $28 billion to small businesses.

March 16, 2009 | Staff Report | Business


Initial jobless claims double

ATLANTA - The Georgia Department of Labor announced that 86,519 laid-off workers filed first-time claims for state unemployment insurance benefits in February, an increase of 111.2 percent from February 2008.

March 16, 2009 | Staff Report | Business


Sears seeking Hometown store operator

As part of its strategy to provide more convenient shopping for customers, Sears is looking for a local entrepreneur in Rincon to own and operate a Sears Hometown store.

March 16, 2009 | Staff Report | Business


SBA issues alert for scam

WASHINGTON, D.C. - The U.S. Small Business Administration issued a scam alert to small businesses, warning them not to respond to letters falsely claiming to have been sent by the SBA asking for bank account information in order to qualify them for federal tax rebates.

March 16, 2009 | Staff Report | Business


Governor proclaims Ag Awareness Day

Gov. Sonny Perdue has proclaimed March 15-21 as Georgia Agriculture Week to celebrate the industry. Gov. Perdue has designated March 17 as Georgia Ag Awareness Day. Georgia's weeklong celebration coincides with National Agriculture Week. National Agriculture Day is March 20.

March 09, 2009 | Staff Report | Business


Borrowers earn return from AgSouth

STATESBORO - AgSouth Farm Credit, a rural lending cooperative, announced earnings of $33 million during 2008, down slightly from the association's 2007 year-end figures.

March 09, 2009 | Staff Report | Business


IRS has refunds for those who didn’t file 2005 return

ATLANTA - Unclaimed refunds totaling approximately $1.3 billion are awaiting over a million people who failed to file a federal income tax return for 2005. In Georgia nearly $39 million in unclaimed refunds awaits about 44,000 individuals. However, to collect the money, a return for 2005 must be filed with an IRS office no later than April 15.

March 09, 2009 | Staff Report | Business


Jobless Georgians to get a little extra

ATLANTA - State Labor Commissioner Michael Thurmond said that the Georgia Department of Labor has begun mailing an additional $25 per week to more than 180,000 jobless Georgians who have a valid unemployment insurance claim with the Georgia Department of Labor.

March 09, 2009 | Staff Report | Business


Another new high for unemployment

ATLANTA - The Georgia Department of Labor reported that the unemployment rate in the metro Savannah area rose to a preliminary unadjusted rate of 7.5 percent in January, up 2.9 percentage points over the year from January 2008. The jobless rate in metro Savannah rose nine-tenths of a percentage point from a revised 6.6 percent in December.

March 05, 2009 | Staff Report | Business


EFACEC’s Guerra to speak at Chamber breakfast

Jorge Guerra, director of business and operations for EFACEC-USA, will be the keynote speaker for the next Effingham County Chamber of Commerce membership breakfast slated for March 11 at 7:30 a.m. at First Baptist Church-Rincon's Memorial Chapel.

March 02, 2009 | Staff Report | Business


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Articles by Section - Business


IDA to seek annexation for Research Forest parcel

The Effingham Industrial Development Authority has agreed to ask Rincon to annex a portion of the Research Forest Tract, provided the city follows through on a set of stipulations.

November 26, 2014 | By Patrick Donahue | Business


Moon River’s schedule gets the OK from IDA

The development schedule for a planned massive Effingham County movie production facility is finished and in the hands of the Effingham Industrial Development Authority.

November 24, 2014 | By Patrick Donahue | Business


Restaurant to thank customers before closing doors

It will be customer appreciation day at Baibry's Wednesday, as its owners and staff thank its legion of loyal patrons.

November 24, 2014 | By Patrick Donahue | Business


Investment firm buys EFACEC

A manufacturer of power transformers that has called Effingham County home for three years has been purchased by a private investment firm.

November 19, 2014 | Staff report | Business


Dr. William Kohloff joining Effingham Health System

Effingham Health System welcomes Dr. William J. Kolhoff as a hospitalist and primary care physician. He will be joining Dr. John Bennett and Dr. Claude Sanks in caring for Effingham Hospital's inpatients as a hospitalist and he will be the primary care physician at Effingham Family Medicine in Rincon.

November 18, 2014 | Staff report | Business


A record month for ports

The Georgia Ports Authority announced Monday that its terminals in Brunswick and Savannah moved a combined 2.79 million tons of freight in October, a record for the authority.

November 18, 2014 | Staff report | Business


IDA to review plans for Research Forest Tract

Effingham Industrial Development Authority members will meet Thursday to discuss the Research Forest Tract.

November 11, 2014 | By Patrick Donahue | Business


PSC hearings on Vogtle report to start today

The Georgia Public Service Commission will begin hearings today on the Georgia Power Company 11th Plant Vogtle construction monitoring (VCM) report in Docket 29849. The hearing will start at 10 a.m. in Room 110 at the Commission offices at 244 Washington St., S.W. Atlanta. Additional hearings are scheduled for Dec. 16 and Jan. 20, 2015.

November 05, 2014 | Staff report | Business


Storie named executive assistant at Moon River

Moon River Studios, Inc., has announced the appointment of Aubrey Storie as executive assistant to the chief executive officer.

November 05, 2014 | Staff report | Business


Georgia named No. 1 state to do business

Gov. Nathan Deal announced Monday that Georgia, for the second consecutive year, has been ranked the No. 1 state in the nation for business by Site Selection magazine, one of the nation's top economic development trade publications.

November 04, 2014 | Staff report | Business


Prospective buyer eyes purchase of EFACEC

Effingham Industrial Development Authority members have approved amending its memorandum of understanding with EFACEC and approving a transfer and assumption to a new company.

October 29, 2014 | By Patrick Donahue | Business


IDA OKs Moon River master plan

After weeks of wrangling and discussion, the Effingham Industrial Development Authority has given the go-ahead to a massive studioplex's master plan.

October 28, 2014 | By Patrick Donahue | Business


Smith named chief nursing officer at Effingham Health

Effingham Health System has appointed Betsy Smith as its chief nursing officer.

October 28, 2014 | Staff report | Business


Effingham jobless rate drops to 6.1 percent

ATLANTA - Effingham County's unemployment rate shrank in September, even as the labor force grew, according to Georgia Department of Labor statistics.

October 23, 2014 | Staff report | Business


Spencer, well-traveled flag find a home at Moon River

The flag has been in Trenton Spencer's go bag all across the globe.

October 23, 2014 | By Patrick Donahue | Business


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