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CenturyTel, EMBARQ merger gets OKs

MONROE, La. - CenturyTel, Inc. and EMBARQ announced that the Georgia, Mississippi and Nebraska Public Service Commissions and the Minnesota and Ohio Public Utilities Commissions have each granted approval of CenturyTel's pending acquisition of EMBARQ. CenturyTel operates with 31,500 access lines in Georgia.

March 06, 2009 | Special to the Courier | Business


New dental office going up in Midway

Midway soon will be home to Dr. Tad Jackson's newest dental office, proving Hinesville isn't the only municipality attracting development.

March 06, 2009 | By Alena Parker Staff writer | Business


Officials warn of solicitation scandal

ATLANTA - Georgia Secretary of State Karen Handel warned corporations recently that her office received numerous complaints about solicitations sent from a firm called "Compliance Services." The firm offers to complete corporate meeting minutes on behalf of Georgia corporations for a fee. The "Annual Minutes Requirement Statement" included in the offer is very similar to solicitations mailed during the past two years from firms named "Georgia Corporate Compliance" and "Georgia Corporate Headquarters."

March 06, 2009 | Special to the Courier | Business


Real estste transfers for March 6

The following warranty deeds were filed with Liberty County Clerk of Court Barry Wilkes' office from Jan. 26-30. The listings include the names of the sellers and buyers, the book and page where the deed can be found in deed books 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.

March 06, 2009 | Staff Report | Business


LCDA foots bill for Tradeport overage

Members of the Liberty County Development Authority said they felt forced to foot a $77,946 cost overrun from project delays to landscaping, hardscape and irrigation in Tradeport East. It is a $1.9 million project.

March 06, 2009 | By Alena Parker Staff writer | Business


Unemployment checks going up

ATLANTA - State Labor Commissioner Michael Thurmond said today that the Georgia Department of Labor has begun mailing an additional $25 per week to more than 180,000 jobless Georgians who have a valid unemployment insurance claim with the Georgia Department of Labor.

"The weekly supplement to unemployment insurance benefits comes at a good time," said Commissioner Thurmond. "This recession is expected to last longer than many economists and the Federal Reserve initially projected. The additional $25 each week will help the many thousands of Georgians who've lost their jobs through no fault of their own better weather this economic ...

March 06, 2009 | Special to the Courier | Business


Dow hits 11-year low

NEW YORK - The Dow Jones industrial average plunged below 7,000 Monday for the first time in more than 11 years as investors grow even more pessimistic about the health of banks, and in turn the economy.

A staggering $61.7 billion in quarterly losses at insurer American International Group Inc. touched off fresh fears about the health of the nation's financial system.

March 02, 2009 | By Tim Paradis AP business writer | Business


Congress OKs funds for intracoastal

WASHINGTON, D.C. - In directing nearly $1 million in funding for Georgia's portion of the Atlantic Intracoastal Waterway, Congress affirmed a recent study by the University of Georgia's Carl Vinson Institute that the channel is essential to Coastal Georgia's economy. Georgia Congressman Jack Kingston, who helped secure the funding, said it will be used to alleviate silting, which has caused transit boaters to avoid the area.

March 02, 2009 | Special to the Courier | Business


House OKs prepaying for nuke plant expansion

ATLANTA - Georgia Power customers could pay an average of $1.30 more per month on their electricity bills beginning in 2011 under a bill approved by the Legislature on Thursday.

The House voted 107-66 to approve the financing scheme that would begin collecting about $1.6 billion in costs for the utility to expand its nuclear plant near Augusta. The measure has already cleared the state Senate and now heads to Gov. Sonny Perdue for his signature.

February 27, 2009 | by Shannon McCaffrey Associated Press writer | Business


Savannah Tech stressing work-readiness

Thomas Hines, executive director of training operations for Savannah Technical College, told the Hinesville Rotary Club on Tuesday there's no doubt we're getting closer and closer to a globalized market. As a result, he said, Georgia needs to take measures to ensure we stay competitive in this new economic environment

February 27, 2009 | By Lauren Hunsberger Staff writer | Business


Appraisers urge caution selling gold

RESTON, Va. - The price of gold is once again selling at near all-time high prices. That, combined with tough economic times,

February 27, 2009 | Special to the Courier | Business


South Georgia lawyer leads litigation panel

SAVANNAH - David Michael Conner, a partner at the Savannah law firm of Bouhan, Williams & Levy LLP, has been appointed chairman for the Council on Litigation Management, a national organization dedicated to standardizing litigation practices and promoting integrity in claims handling, asset protection and legal defense pertaining to the insurance industry and corporate legal departments.

February 27, 2009 | Special to the Courier | Business


Teachers, students benefit from tax breaks

When it comes to higher education, students and their families may take advantage of credits to offset expenses like tuition and fees.

February 27, 2009 | Special to the Courier | Business


State jobless rate tops 8 percent

ATLANTA - The Georgia Department of Labor reported today that the state's seasonally adjusted unemployment rate rose to a record-high preliminary 8.6 percent in January.

February 26, 2009 | Special to the Courier | Business


Unemployment checks going up $25 a week

ATLANTA - Weekly unemployment benefits will rise by $25 a week in Georgia, state Labor Commissioner Michael Thurmond said Monday.

The boost comes from an infusion in federal stimulus money and will bring the average weekly unemployment check in Georgia to $292. The maximum check will rise to $355.

February 24, 2009 | By Shannon McCaffrey Associated Press writer | Business


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Articles by Section - 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


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