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Invest in businesses, not in Wall Street

If you're an investor, you might be shaking your head in dismay after looking at your recent brokerage statements. In fact, you might even be thinking about giving up on Wall Street altogether. But before you do, consider the following story.

December 15, 2008 | Frank Bevenour Guest Columnist | Business


State initial jobless claims jump more than 50 percent

ATLANTA - The Georgia Department of Labor announced that 74,480 laid-off workers filed first-time claims for unemployment insurance benefits in November, an increase of 54.7 percent from November of 2007.

December 15, 2008 | Staff Report | Business


Time running out on IRS moves

ATLANTA - The tax filing season is just around the corner. "Taxpayers can take the first step now by planning and reviewing tax law changes featured on the IRS Web site, www.irs.gov", according to IRS spokesman Mark Green.

December 15, 2008 | Staff Report | Business


SBA lauds Treasury move to bolster small business loans

WASHINGTON, D.C. - A plan by the Treasury Department and the Federal Reserve to improve market conditions for asset-backed securities - including those composed of SBA-backed small business loans - should be welcome news to credit-hungry small businesses across the country, said U.S. Small Business Administration Acting Administrator Sandy K. Baruah.

December 15, 2008 | Staff Report | Business


Dr. Abbott joins Redick Family and Cosmetic Dentistry

Dr. Andrew H. Abbott has joined Redick Family and Cosmetic Dentistry in the Silverwood Business Center.

December 12, 2008 | Staff Report | Business


Making arrangements for long-term care

Long-term care refers to the many services beyond medical care and nursing care used by people who have disabilities or chronic (long-lasting) illnesses. Long-term care insurance helps you pay for these services, which can be very expensive. A policy also ensures that you can make your own choices about what long-term care services you receive and where you receive them.

December 12, 2008 | Mark Czachowski Guest Columnist | Business


Record loans for small businesses

WASHINGTON - Small businesses won a record $83.2 billion in federal prime contracts in FY07, an increase of almost $6 billion from 2006, according to the U.S. Small Business Administration's annual small business procurement scorecard recently released. In addition, each socio-economic group increased its share of federal contracting dollars by at least $1 billion.

December 09, 2008 | Staff Report | Business


State’s initial jobless claims skyrocket by 75 percent

ATLANTA - The Georgia Department of Labor announced that 72,627 laid-off workers filed first-time claims for unemployment insurance benefits in October, an increase of 75 percent from October 2007.

December 09, 2008 | Staff Report | Business


Atlantic Southern posts quarterly loss

MACON - Atlantic Southern Financial Group, Inc. announced results for the nine months ended Sept. 30 and the 2008 third quarter.

December 09, 2008 | Staff Report | Business


AgSouth posts record net earnings for third quarter

STATESBORO - AgSouth Farm Credit CEO Bill Spigener recently announced that the customer-owned cooperative had record net earnings of $27.13 million during the third quarter of 2008, over a 6 percent increase over the figures from the same period during 2007.

December 09, 2008 | Staff Report | Business


Now is not the time to panic with investments

When you're in a state of panic, you can do some things really well, such as run after a bus, think up an excuse or find a last-minute gift. Other tasks, however, require a calmer approach. You don't want to be panicky when you're slicing a tomato, pouring hot coffee or preparing your taxes - and you certainly don't want to panic when you're investing for the long term.

December 09, 2008 | Frank Bevenour Guest Columnist | Business


Springs into action

With help from Effingham Chamber of Commerce members, representatives of The Springs at Effingham apartment community - Amy Calvert, Joni Hugueley, Caroline Melton-Fischer, Bernie Zemter and Sabrina Wray - cut the ribbon on the complex.

December 02, 2008 | Patrick Donahue | Business


Citizens Bank winners

December 02, 2008 | Staff Report | Business


Spatial Engineering chief to speak at Chamber breakfast

Richard Truluck, president of Spatial Engineering, will discuss his firm's role, mission and community impact at the next Effingham Chamber Membership Breakfast slated for Wednesday.

November 28, 2008 | Staff Report | Business


Hospital praised in annual audit

Effingham Hospital received overall praise for its progress in 2008 and praise for the additional services it has brought to the community during an annual audit presentation from Jim Creamer on Tuesday evening.

November 28, 2008 | Staff Report | Business


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Articles by Section - Business


Chamber welcomes new businesses

The Effingham Chamber of Commerce celebrated ribbon cuttings for Howard Family Dental and That Dress.

March 17, 2014 | Staff report | Business


Ameris to acquire The Coastal Bank

Ameris Bancorp, the parent company of Ameris Bank, announces the acquisition of The Coastal Bank (Coastal Bankshares, Inc), scheduled to close in the third quarter of 2014. Once this merger is finalized, Ameris Bank will be the largest community bank on the Georgia coast.

March 17, 2014 | Staff report | Business


Effingham jobless rate up slightly from December’s mark

ATLANTA – The Georgia Department of Labor announced Thursday that the unemployment rate in the Coastal Georgia region increased to 7.5 percent in January, up three-tenths of a percentage point from 7.2 percent in December. The rate was 8.9 percent in January a year ago.

March 13, 2014 | Staff report | Business


Savannah Tech’s impact approaches $57M

In fiscal year 2012, Savannah Technical College had an economic impact on its four-county service area of nearly $57 million with spending directly or indirectly related to the college, according to a new study released by the Terry College of Business at the University of Georgia.

March 10, 2014 | Staff report | Business


State Labor Department to help AT&T recruit wire technicians

ATLANTA - The Georgia Department of Labor will help AT&T recruit a number of wire technicians to install U-verse integrated digital TV, high-speed internet, and voice services.

March 10, 2014 | Staff report | Business


State jobless rate falls to 7.4 percent

ATLANTA - The Georgia Department of Labor announced that Georgia's seasonally adjusted unemployment rate decreased to 7.3 percent in January, down one-tenth of a percentage point from 7.4 percent in December. The rate was 8.6 percent in January a year ago.

March 10, 2014 | Staff report | Business


IDA, Chamber to work on contract agreement

Effingham Industrial Development Authority members tabled action on their contract with the Effingham Chamber of Commerce. But IDA members backed the relationship between the two organizations.

March 03, 2014 | By Patrick Donahue | Business


‘Operation: Workforce’ tries to fill mission of jobs for vets

Operation: Workforce, an online one-stop shop portal for all veteran employment issues in Georgia, is currently serving more than 1,700 veterans and 730 Georgia employers. Created in November 2012, the site was launched by the Governor's Office of Workforce Development as a part of Gov. Nathan Deal's veteran-specific initiative to help connect our heroes with meaningful employment.

March 03, 2014 | Staff report | Business


Interest builds again in IDA’s Treutlen site

The loss of a Chinese phosphate company hasn't slowed the Effingham Industrial Development Authority.

February 27, 2014 | By Patrick Donahue | Business


Effingham Women in Business to hold meet and greet, expo

Effingham Women in Business will host a meet and greet and mini business expo event March 11 from 6:30-8 p.m. at Faith Presbyterian Church's social hall. The church is located at 2000 Lexington Ave. in Rincon just past Macomber Ball Park.

February 27, 2014 | Staff report | Business


Medient expected to have master plan finished soon

Medient Studios is expected to present a master plan in the next 30 days for its planned production complex, according to Effingham Industrial Development Authority CEO John Henry.

February 24, 2014 | By Patrick Donahue | Business


PSC members support federal loans for Vogtle

Commissioners Lauren "Bubba" McDonald Jr. (R-Habersham County) and Doug Everett (R-Albany) are applauding the U.S. Energy Department's finalization of $6.5 billion in federal loan guarantees to assist Georgia Power with the construction of two new units at its Alvin W. Vogtle Nuclear Power Plant.

February 24, 2014 | Staff report | Business


Georgia Ports start off 2014 with strong month

The Georgia Ports Authority opened calendar year 2014 with a strong January, achieving gains of 12.5 percent in 20-foot equivalent container units (TEUs) and 7.3 percent in overall tonnage, compared to January 2013.

February 20, 2014 | Staff report | Business


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