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Archive By Section - Business


State initial jobless claims soaring

ATLANTA - The Georgia Department of Labor announced that 128,625 laid-off workers filed first-time claims for state unemployment insurance benefits in December, an increase of 174 percent from December 2007.

January 15, 2009 | Staff Report | Business


Perdue lays out agenda at state Eggs and Issues

ATLANTA - Gov. Sonny Perdue discussed education, economic environment and transportation Tuesday morning at the Eggs and Issues Breakfast hosted by the Georgia Chamber of Commerce at the Georgia World Congress Center.

January 15, 2009 | Staff Report | Business


24Seven living up to its name

The owners of the new 24Seven Family Fitness Center say their business lives up to its name.

January 12, 2009 | Patrick Donahue Editor | Business


Hynes joins Chamber staff

Tess Moore Hynes, a native of Effingham County and an MBA graduate of Georgia Southern University, has joined the staff of the Effingham County Chamber of Commerce, Chamber President Michael Lee announced.

January 12, 2009 | Staff Report | Business


Patient approach

Effingham Hospital Administrator Norma Jean Morgan helps hospital Board of Trustees Chairman Stephen Mobley, Dr. Joseph Ratchford and Neil Ratchford cut the ribbon Monday on the new office for Dr. Ratchford and partner Dr. Prakesh Patel. Behind them are state Rep. Jon Burns and Dr. Patel.

January 08, 2009 | Patrick Donahue Editor | Business


Hospital trustees complete state certification program

The Effingham Hospital's Board of Trustees has completed the Georgia Hospital Association (GHA) hospital authority certification program.

December 30, 2008 | Staff Report | Business


Holiday Business Tour

December 30, 2008 | Patrick Donahue Editor | Business


State’s jobless mark hits 7.5 percent

ATLANTA - The Georgia Department of Labor (GDOL) reported that the state's seasonally adjusted unemployment rate rose to 7.5 percent in November, the highest rate in more than 25 years. The jobless rate was up 3.0 percentage points from 4.5 percent at this same time last year. The November unemployment rate was up six-tenths of one percentage point from a revised 6.9 percent in October.

December 29, 2008 | Staff Report | Business


Hospital’s mammography team earns accreditation

Effingham Hospital in Springfield has been awarded a three-year term of accreditation in mammography as the result of a recent survey by the American College of Radiology (ACR).

December 26, 2008 | Staff Report | Business


CDs vs. annuities — which are right for you?

Head to head, how does a non–qualified bank certificate of deposit and single premium deferred fixed annuity compare, what are the strengths of each product. Both CDs and annuities are considered low-risk savings vehicles for investments.

December 26, 2008 | Mark Czachowski Guest Columnist | Business


Aaron's Lease and Sales opens

December 26, 2008 | Staff Report | Business


State urges caution in charity giving

ATLANTA - Georgia Secretary of State Karen Handel today offered advice to individuals planning to donate to charities during the holiday season. Secretary Handel serves as Georgia's chief charities regulator.

December 23, 2008 | Staff Report | Business


Thurmond praises passage of jobless benefits extension

ATLANTA - State Labor Commissioner Michael Thurmond commended the Georgia congressional delegation and President Bush for their decision to extend unemployment insurance benefits for jobless Americans. More than 90,000 Georgians may be eligible for the extended benefits signed into law this morning.

December 23, 2008 | Staff Report | Business


Letter from car insurance company confusing you?

That letter from your car insurance company about Uninsured Motorist Coverage got you scratching you head while you try to translate all that insurance mum boo jumbo. Well, lets see if we can simplify it some, or at least get the language into English.

December 23, 2008 | Mark Czachowski Guest Columnist | Business


Is it time to sell ... or is it time to buy?

We're in a recession, which could be severe. Several financial services companies have either collapsed or been bailed out by the government. And the stock market is down about 45 percent since hitting its peak in October 2007. Is this a "perfect storm" that should blow investors out of the market - or is it actually an opportunity for investors to jump back in?

December 23, 2008 | Frank Bevenour Guest Columnist | Business


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Articles by Section - 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


Walters named new GPA board chairman

The Georgia Ports Authority board of directors elected James A. Walters of Gainesville to serve as chairman.

June 23, 2014 | Staff report | Business


State jobless rate jumps to 7.2 percent

ATLANTA - The Georgia Department of Labor announced Thursday that Georgia's seasonally adjusted unemployment rate for May was 7.2 percent, up three-tenths of a percentage point from a revised 6.9 percent in April. The preliminary rate for April was 7.0 percent, but it was revised down one-tenth of a percentage point. The rate in May of last year was 8.4 percent.

June 19, 2014 | Staff report | Business


County renews hotel-motel tax pact with Chamber

The Effingham Chamber of Commerce's tourism efforts will get a continued boost, after the county commissioners approved extending the hotel-motel tax for another year.

June 16, 2014 | By Patrick Donahue | Business


New Medient CEO: Studio anxious to make movies

New Medient Studios chief executive officer Jake Shapiro said the company will get to the essence of its being - that of making movies.

June 16, 2014 | By Patrick Donahue | Business


WRRDA bill signing hailed as victory for harbor deepening

With President Obama's signing Tuesday of the Water Resources Reform and Development Act of 2014, the Savannah Harbor Expansion Project (SHEP) is authorized to begin construction.

June 13, 2014 | Staff report | Business


New direction for Medient

Work continued quietly Thursday afternoon at Medient Studios' office in Savannah. But behind the scenes, a day of upheaval and tumult had taken place.

June 12, 2014 | By Patrick Donahue | Business


HeritageBank of the South launches mobile check deposit

HeritageBank of the South has launched HBOS Mobile Check Deposit, a convenient new service allowing eligible customers to deposit checks directly into their HeritageBank of the South account using a smartphone or iPad.

June 12, 2014 | Staff report | Business


FSA county committee nominations set to begin

WASHINGTON - Agriculture Secretary Tom Vilsack announced that the nomination period for local Farm Service Agency county committees begins June 15.

June 09, 2014 | Staff report | Business


Report: Area economy growing fast

SAVANNAH - Armstrong Atlantic State University's latest Coastal Empire Economic Monitor reports the Savannah-area economy expanded rapidly during the first quarter of 2014 and should continue to experience strong growth throughout the year.

June 09, 2014 | Staff report | Business


Georgia Power names new coastal region manager

Georgia Power has named William Mock as plant manager of its Coastal Region electric generation facilities. In this role, Mock will oversee all operations at Plants Kraft, McIntosh, McManus and Mitchell.

June 05, 2014 | Staff report | Business


Dynacraft chooses Savannah port

Dynacraft, one of the nation's leading bicycle suppliers, has chosen the Port of Savannah as its new East Coast gateway.

June 05, 2014 | Staff report | Business


Medient to release critically-acclaimed ‘Yellow’ in August

Medient Studios, Inc., will release Nick Cassavetes' "Yellow" on Aug. 29 in New York, San Francisco, Los Angeles, Seattle and Chicago, followed by a planned expansion nationwide, the studio announced.

June 05, 2014 | Staff report | Business


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