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Archive By Section - Business


September jobs cut is deepest in five years

WASHINGTON -- Employers slashed payrolls by 159,000 in September, the most in more than five years, a worrisome sign that the economy is hurtling toward a deep recession.

October 18, 2008 | By Jeannine Aversa Associated Press writer | Business


State of ports address talks big business

Georgia Ports Authority's Executive Director Doug J. Marchand will deliver the annual state of the port address on Thursday, Oct. 9, at the Savannah International Trade and Convention Center. He will speak about the latest developments in Savannah's maritime transportation industry and what the future holds for the Port of Savannah.

October 18, 2008 | Special to the Courier | Business


Natural gas provider files bankruptcy

ATLANTA - Natural gas marketer Catalyst Energy has filed for Chapter 11 bankruptcy after losing its required line of credit.

October 18, 2008 | Associated Press | Business


Hinesville jobless rate at 6.6% in August

ATLANTA - The Georgia Department of Labor reported that the unemployment rate in Hinesville rose to a preliminary unadjusted rate of 6.6 percent in August, up 1.5 percentage points over the year from 5.1 percent in August 2007.

October 18, 2008 | Special to the Courier | Business


Area bankers say they are solvent, strong

Community banks are facing an increased risk of insolvency, according to a measure of banks' health known as the Texas ratio. Based on data derived from

October 16, 2008 | By Alena Parker Staff writer | Business


Stock futures point to at least partial rebound

NEW YORK -- U.S. stocks headed for a partial rebound Tuesday, a day after logging their steepest losses in years when the House voted down a proposed $700 billion rescue plan for the financial sector.

October 15, 2008 | By Tim Paradis Associated Press writer | Business


Real estate transfers for Sept. 28

The following warranty deeds were filed with Liberty County Clerk of Court Barry Wilkes' office from Sept. 1-5. The listings include the names of the sellers and buyers, the book and page where the deed can be found in deed books maintained in the clerk's office, the transfer tax (which gives an estimate of the price paid, based on $1 per $1,000) and a description of the property, which may be the subdivision and/or Georgia Militia District where it is located. Refer to the accompanying map for the GMD numbers.

October 14, 2008 | Staff report | Business


Chili's launches 'create-a-pepper' to fight cancer

ATHENS – In support of National Childhood Cancer Awareness Month, Chili's Grill and Bar announced its fifth annual "Create-A-Pepper" campaign during September by inviting people to get creative and raise funds to help St. Jude find cures and help children with cancer and other childhood diseases.

October 14, 2008 | Special to the Courier | Business


Citigroup taking over Wachovia bankins

NEW YORK - In the latest byproduct of the widening global financial crisis, Citigroup Inc. will acquire the banking operations of Wachovia Corp. in a deal facilitated by the Federal Deposit Insurance Corp.

October 14, 2008 | By Sara Pepro Associated Press writer | Business


Recent industrial recruits say business is holding

Tenants in the Tradeport East Business Center have each reported progress since finding a home in Liberty County and say they expect future success.

October 14, 2008 | By Alena Parker Staff writer | Business


Work starts on Ford Plantation

RICHMOND HILL - The Ford Plantation luxury community and private sporting club recently began renovations to automobile magnate Henry Ford's historic winter mansion.

October 11, 2008 | Special to the Courier | Business


Energy, water conservation sales get tax holiday

ATLANTA - In an effort to help Georgians conserve energy and water, save money and protect the environment, Gov. Sonny Perdue announced Georgia's fourth annual Energy Star sales-tax holiday has been expanded for the first time to include WaterSense labeled products. Georgians will not pay state or local sales taxes on the purchase of energy efficient or water efficient products that cost $1,500 or less per item. The sales tax holiday begins at 12:01 a.m. Thursday, Oct. 2, and runs through midnight Sunday, Oct. 5.

October 11, 2008 | Special to the Courier | Business


Recession could hit homes here, experts say

President Bush warned Wednesday that the country could experience a recession if the federal government does not take action on the proposed $700 billion bailout, and area experts say the financial crisis can come as close as anyone's front door step.

October 11, 2008 | By Alena Parker Staff writer | Business


WaMu becomes biggest bank to fail in US history

NEW YORK -- As the debate over a $700 billion bank bailout rages on in Washington, one of the nation's largest banks - Washington Mutual Inc. - has collapsed under the weight of its enormous bad bets on the mortgage market.

October 11, 2008 | By Madlen Read Associated Press writer | Business


Bank VP on Savannah Tech board

The Coastal Bank's executive vice president and chief operating officer, Jim LaHaise, has been named to the Savannah Technical College Foundation Board of Directors. As part of Savannah Tech's board, LaHaise will help shape the vision and the future of this regional technical college.

October 11, 2008 | Staff Report | Business


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Articles by Section - Business


Political polarization is a driving force in income inequality

Once again, researchers have found that political polarization is a driving force in income inequality.

March 31, 2015 | JJ Feinauer Deseret News | Business


Barbaro hired by Chamber

Amber Barbaro has joined the Liberty County Chamber of Commerce as its membership coordinator.

March 30, 2015 | Special to the Courier | Business


Metro area’s jobless rate drops

Metropolitan Hinesville's unemployment rate for February was 6.8 percent, down 0.2 percentage point from

March 30, 2015 | Special to the Courier editor@coastalcourier.com | Business


Twitter uses venture capital to compete with Google's Android

Twitter is expanding beyond its 140 character tweets and is making a move into venture capital, investing in a company that wants to compete with Google's Android mobile operating system.

March 27, 2015 | Matthew Jelalian Deseret News | Business


How the Federal Reserve reconciles low unemployment and stagnant wages

When the Federal Reserve was established in 1913, over 30,000 different currencies were in some type of use throughout the United States. The lack of a uniform currency contributed to systemic weaknesses in the monetary system, including bank runs, unstable interest rates and prices, and an overall lack of confidence in banking institutions. Thanks to its capacity to mitigate each of the aforementioned issues, along with many others, the Federal Reserve has played a key role in stabilizing the United States economy.

March 26, 2015 | Randy Shumway Deseret News | Business


Head of area movie studio 'happy' with progress

The head of the massive movie studio complex to be built in Effingham County told members of the Effingham Industrial Development Authority that progress continues to be made on the project.

March 25, 2015 | By Patrick Donahue Correspondent | Business


Courier newsroom gets new leadership

Jason Wermers has been the named new managing editor for the Coastal Courier and CoastalCourier.com.

March 25, 2015 | Staff Report | Business


The middle class has had a rough couple of years

According to a new study released by The Pew Charitable Trusts, the percentage of homes that can claim a “middle-class” income has shrunk significantly since the year 2000.

March 24, 2015 | JJ Feinauer Deseret News | Business


'Soft skills' are important at work, and in life

It's interesting living with a high school junior.

March 23, 2015 | Greg Kratz Deseret News | Business


Property transfers for March 6-18

Deeds filed with the Liberty County Clerk of Courts from March 6-18, show the following property transfers:

March 23, 2015 | By Staff Report | Business


Why you should begin planning for retirement in your 30s

The merits of saving for retirement were instilled in Neeraj Joshi by his parents early.

March 22, 2015 | Chuck Green Deseret News | Business


In business and elsewhere, somebody's always watching you

Growing up in the 1980s, I remember liking Rockwell’s "Somebody’s Watching" Me. As far as I know, he was a one-hit wonder, but I find I still like that song. I even have it on my iTunes. At the time it was different and kind of funny.

March 20, 2015 | Jeremy Kartchner Deseret News | Business


Port gets its largest-ever ship

SAVANNAH - The Georgia Ports Authority welcomed the largest ship ever to call on the Port of Savannah on Wednesday when the ZIM Tianjin docked at Garden City Terminal.

March 19, 2015 | Special to the Courier | Business


Billions of dollars spent in March Madness

March Madness is upon us again, and most people talking about it are focused on their brackets.

March 19, 2015 | Matthew Jelalian Deseret News | Business


Take advantage of today's 'golden age' of investing on the cheap

An old conundrum holds that you can’t get a job without experience, but you can’t get experience without a job.

March 18, 2015 | Jeff Wuorio Deseret News | Business


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