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State jobless rate hits 15-year high in August

ATLANTA - The Georgia Department of Labor reported that the state's seasonally adjusted unemployment rate rose to 6.3 percent in August, the highest in 15 years. The jobless rate was up 1.9 percentage points from 4.4 percent at this same time last year. During the same period, the number of payroll jobs decreased 37,700 or nine-tenths of one percentage point.

October 10, 2008 | Staff Report | Business


State’s initial unemployment claims jump

ATLANTA - The Georgia Department of Labor announced that 59,090 laid-off workers filed first-time claims for unemployment insurance benefits in August, an increase of 72.1 percent from August 2007. From July to August, the initial claims declined from 59,165, a drop of one-tenth of one percent.

October 07, 2008 | Staff Report | Business


What a trust can do for you

First thing that you will need to know is that a trust isn't for just the rich or the dead. Basically, a trust is a legal arrangement by which you, as grantor (or creator of the trust), transfer property to a trustee which can be the trust department of a company or an individual for the benefit of one or more beneficiaries. The trust document, drafted by an attorney, is the grantors guidelines on how and when assets will be distributed to named beneficiaries and their rights, and for how long a trust will last, the powers and duties ...

October 07, 2008 | Mark Czachowski Guest Columnist | Business


Dixon joins Spine and Sport

Spine and Sport welcomes Dr. Alysha Dixon to the team. Dr. Dixon is a new physical therapist at Spine and Sport.

October 07, 2008 | Staff Report | Business


Business startup workshop coming

A workshop entitled "Thinking of Starting A Business" will be held Sept. 25 in the conference room of the Small Business Assistance Center, 111 East Liberty St., Savannah. The University of Georgia Small Business Development Center and the Service Corps of Retired Executives sponsor these events.

October 07, 2008 | Staff Report | Business


Allen, Weston named asst. VPs at Citizens Bank

Troy Allen and Glenn Weston have been named assistant vice presidents at Citizens Bank, according to an announcement by Michael T. Lee, president and CEO.

October 07, 2008 | Staff Report | Business


Local banker graduates from top consumer lending school

Marcus McBride of Springfield recently graduated from the Community Bankers Association of Georgia's Consumer Lending School, which is a part of the Community Bankers University. McBride was among 32 graduates who received a certificate of completion from this highly regarded school after an intensive week-long curriculum.

October 03, 2008 | Staff Report | Business


Congress introduces resolutions for Life Insurance Awareness Month

WASHINGTON, D.C. - Recognizing the alarming number of Americans who lack the life insurance needed to ensure their families' financial security, the U.S. House of Representatives and the U.S. Senate for the first time in 2004 passed separate resolutions recognizing September as "National Life Insurance Awareness Month." Each year these resolutions are renewed and in 2008 at the federal level, SR 602 has already been introduced in the Senate by Sens. Saxby Chambliss and Ben Nelson, and Reps. Judy Biggert and Paul Kanjorski have introduced HR 1392, the House of Representative's companion resolution.

September 30, 2008 | Staff Report | Business


Heritage Bank opening new Savannah branch

The Heritage Bank announced recently that it will open its latest full-service branch office on Stephenson Avenue in Savannah. The bank also announced that Jamie Chisolm of Savannah has joined Heritage as the Chatham market executive. Chisolm and his Savannah team are opening the new Stephenson Avenue office.

September 30, 2008 | Staff Report | Business


Tax tip — get an IRA

Ben Franklin once said, "In this world nothing is certain but death and taxes." That might be true, but Ben wasn't able to open an IRA back then. If he had this option, he might have felt a little more lighthearted about paying the taxman. Individual Retirement Accounts (IRAs) are great for people looking to save money on their tax bill and boost their retirement savings at the same time.

September 30, 2008 | Mark Czachowski Guest Columnist | Business


Malick promoted to vice president at First Chatham Bank

The board of directors of First Chatham Bank has promoted Jason R. Malick to assistant vice president for First Chatham Bank and its banking divisions.

September 30, 2008 | Staff Report | Business


50 years of Gulfstream to take the stage at Chamber breakfast

Robert Baugniet, director of corporate communications will be the keynote speaker at the Effingham Chamber of Commerce's Sept. 10 membership breakfast and will give an overview of Gulfstream's 50 years of aviation excellence.

September 26, 2008 | Staff Report | Business


Fuller takes part in Chevy’s Drive for Perfection program

Going to school just got sweeter for high school seniors at more than 40 schools in 20 Georgia counties because of the Drive for Perfection program. Drive for Perfection, an initiative presented by local Savannah Chevy dealers, including Fuller Chevrolet in Rincon, in conjunction with the Georgia Department of Education, will award two lucky students with a new 2009 Chevy Cobalt sedan for having perfect attendance during the 2008-09 school year.

September 23, 2008 | Staff Report | Business


Stone joins Spine and Sport

Dr. Trent Stone joined Spine and Sport after relocating to Savannah from Baltimore, Md., where he has practiced for the past two years.

September 23, 2008 | Staff Report | Business


Working women with families have unique retirement needs

These days it's common to find women who balance family life with active careers. That's why it's important for working women to take an active role in planning for retirement.

September 23, 2008 | Mark Czachowski Guest Columnist | Business


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Articles by Section - Business


Slight rise in unemployment for Coastal Georgia

ATLANTA - The Georgia Department of Labor announced Thursday that the unemployment rate in the Coastal Georgia region increased to 7.5 percent in May, up eight-tenths of a percentage point from 6.7 percent in April. The rate was 8.1 percent in May a year ago.

June 26, 2014 | Staff report | 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


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