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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


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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