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Coastal Georgia jobless rate hits 6 percent

ATLANTA - The Georgia Department of Labor reported that the unemployment rate in Coastal Georgia rose to a preliminary unadjusted rate of 6.0 percent in September, up 1.9 percentage points over the year from September of 2007. The jobless rate in Coastal Georgia rose one-tenth of one percentage point from a revised 5.9 percent in August.

November 14, 2008 | Staff Report | Business


Manage your savings during retirement with income investments

You've spent many years planning for retirement and since that time is finally near, you may wonder where to invest your money and whether or not your savings will last throughout retirement. Many newly retired investors think switching to a conservative investment approach is best. However, the growth of your savings after retirement is just as important as when you first started saving.

November 14, 2008 | Mark Czachowski Guest Columnist | Business


State unemployment rate hitting a 16-year peak

ATLANTA - The Georgia Department of Labor (GDOL) reported that the state's seasonally adjusted unemployment rate rose to 6.5 percent in September, the highest rate in 16 years. The jobless rate was up two percentage points from 4.5 percent at this same time last year. The September unemployment rate was up two-tenths of one percentage point from 6.3 percent in August.

November 11, 2008 | Staff Report | Business


Citizens Bank to mark 10th anniversary

Citizens Bank will celebrate its 10th anniversary this Friday with prize drawings and complimentary hot dogs, hamburgers and soft drinks at each of its offices in Springfield, Rincon, Guyton and Port Wentworth.

November 11, 2008 | Staff Report | Business


Transition to retirement — what ‘first wave’ boomers should know

If you're a "senior" member of the baby boom generation - generally defined as those born between 1946 and 1964 - you've seen a lot in your life: the Cold War, the first moon landing, the birth of the Internet and much more. But in just a few years, you may face something you probably never thought you'd see: your retirement. To make a smooth transition to this stage of your life, you'll need to become familiar with a few key financial topics.

November 11, 2008 | Frank Bevenour Guest Columnist | Business


SBA disaster loans available

ATLANTA - The U.S. Small Business Administration announces that federal economic injury disaster loans are available to small businesses, small agricultural cooperatives and most private, non-profit organizations of all sizes located in the state of Georgia as a result of drought and excessive heat that occurred on Jan. 1, 2008, and continuing.

November 11, 2008 | Staff Report | Business


SBA launches Web site for boomer entrepreneurs

WASHINGTON - The U.S. Small Business Administration unveiled a new Web site geared to the 50-plus entrepreneur, providing useful information, links and resources vital to starting, growing and expanding a small business.

November 04, 2008 | Staff Report | Business


Initial jobless claims up sharply

ATLANTA - The Georgia Department of Labor announced that 56,652 laid-off workers filed first-time claims for unemployment insurance benefits in September, an increase of 76.3 percent from September 2007.

November 04, 2008 | Staff Report | Business


Social Security offers safeguards

Each stage of life - youth, middle age, retirement - comes with its own set of financial concerns. Luckily, just by having a better understanding of the Social Security program you should be able to calm some of those concerns.

November 04, 2008 | Staff Report | Business


GeoVista to hold retirement workshop

GeoVista Credit Union will hold a workshop entitled "Investing For Your Retirement," conducted by Justin McCartney, investment advisor with CFS, on Oct. 20 at 6 p.m.

November 04, 2008 | Staff Report | Business


Former Reform Party VP pick to unveil alternative to Wall Street bailout

Former Ford administration senior economic advisor and Reform Party vice-presidential candidate Dr. Pat Choate will unveil a non-partisan alternative to the $700 billion Wall Street bailout package during a midday news conference in Savannah for John Stone for Congress on Oct. 17.

October 31, 2008 | Staff Report | Business


State DOL going to 4/10 work week

ATLANTA - State Labor Commissioner Michael Thurmond announced Tuesday that the Georgia Department of Labor (GDOL) has implemented an alternative work schedule (AWS) that shifts department staff to 10-hour work days. The AWS will expand customer service hours from 8 a.m.-5 p.m., Monday through Friday.

October 31, 2008 | Staff Report | Business


Hospital ushers in new sports medicine program

Effingham Hospital sponsored Effingham Hospital Sports Medicine Night at Rebel Field on Sept. 26, just before the football game between South Effingham High School and Effingham County High School.

October 28, 2008 | Staff Report | Business


Route 21 on its way at ribbon cutting

Father and son Steven and Tim Coleman and other family members help cut the ribbon for the Route 21 Cafe in the Goshen Commerical Park.

October 28, 2008 | Anniel Pelote | Business


SBA seeks state small business person of the year nominees

ATLANTA - The U.S. Small Business Administration is seeking nominations for the 2009 Georgia Small Business Person of the Year as well as its Small Business Champion awards.

October 28, 2008 | Staff Report | Business


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Articles by Section - Business


Medient wins round in court against former CEO

The new chief executive officer of Medient Studios said the company got the ruling in its favor from a Nevada judge Wednesday afternoon it anticipated.

July 24, 2014 | By Patrick Donahue | Business


New Medient CEO says work is ongoing

Work on what is expected to be the largest movie studio complex in the U.S. is continuing, and a revised master plan for the project is expected soon, the studio's CEO said Thursday.

July 21, 2014 | By Patrick Donahue | Business


New Medient architect familiar with area, studios

Medient Studios is bringing aboard a firm that knows something about designing massive production complexes.

July 21, 2014 | By Patrick Donahue | Business


Harvey to step down from IDA

Rose Harvey is resigning from the Effingham Industrial Development Authority.

July 21, 2014 | Staff report | 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


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