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Business in Savannah in brief

This week in BiS:• Otis Morgan calls himself “a bug man.’ He got into pest control when he was 43 and, over the years, has sprayed for hundreds of peole. The key he says is “good honest work” and “good...

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Aaron's buys Progressive Finance, cuts outlook

ATLANTA — Furniture leasing company Aaron’s has agreed to buy online rent-to-own finance company Progressive Finance Holdings for $700 million in cash in a bid to turn around its business even as it...

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India market offers challenges, rewards

With a population of 1.2 billion and an annual growth rate in excess of 5 percent, India is a thriving market of 500 million middle-class consumers eager for U.S. products and services, John McCaslin...

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Plan now in case you cannot speak for yourself later

If you suffered a stroke today and lost the ability to speak, would your spouse, children or parents have the legal authority to take care of you medically or financially?May is National Stroke...

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Fashion designer Alexander Wang talks style

Internationally renowned fashion designer Alexander Wang has celebrated a handful of “firsts” in his career lately.After two years of silence on his Instagram account, the designer announced his...

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Why high oil prices are actually good for airlines

NEW YORK — Airline executives frequently complain about fuel costs. But the truth is higher prices actually have been good for business.In the past six years, airlines have overhauled the way they...

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BiS in brief: Fed survey shows inflation of 1.9 percent

Fed survey shows inflation of 1.9 percentATLANTA — Southeastern business executives expect to face a 1.9 percent inflation rate this year, according to a survey released Wednesday by the Federal...

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Computer glitch snarls port traffic

A computer glitch that twice snarled traffic around Georgia Ports Authority’s Garden City Terminal Wednesday had GPA staff scrambling to find a fix that would get the big trucks moving into the port...

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U.S. struggles parallel Roman crisis

In 2008 the world economy faced its most dangerous crisis since the Great Depression of the 1930s, an event that led to the loss of 8.8 million jobs in the United States, with 11 million people still...

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Corps gives Jaxport deepening OK

As the Port of Savannah waits for passage of the Water Resources Development Act to get the go-ahead for construction on harbor deepening, an announcement coming out of Jacksonville on Thursday could...

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From humble beginnings to second chances

Savannah’s celebrity chef, her left foot in an orthopedic boot, used her cane to hobble up to the podium Thursday at the Tourism Leadership Council’s monthly lunch meeting.“What a great opportunity...

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Georgia unemployment rate shrinks for ninth month in a row

Georgia’s seasonally adjusted unemployment rate dropped to 7 percent in March, its lowest point since September 2008, the state labor department said Thursday.The rate was down from 8.4 percent a year...

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Memorial nurse wins DAISY award

Karen Morgan, who works in Memorial University Medical Center’s cardiovascular intensive care unit, received the DAISY Award for Extraordinary Nurses on Wednesday.The award, presented in collaboration...

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Savannah-based Gulfstream named Georgia manufacturer of the year

ATLANTA – Gov. Nathan Deal has presented Gulfstream Aerospace Corporation with the Georgia Manufacturer of the Year award in the large company category (more than 500 employees).“Manufacturing...

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Savannah elementary student takes first place in manufacturing design contest

ATLANTA – Mina Smith, a fourth grader at Virginia L. Heard Elementary Academy was honored in Atlanta Thursday for her artwork supporting Georgia’s manufacturing industry.Smith took first place in her...

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Jobless rates in Beaufort, Jasper counties in S.C. edge upward

COLUMBIA, S.C. — Beaufort and Jasper counties experienced small increases in unemployment from February to March, while the state as a whole saw its jobless rate dip slightly to 5.5 percent.The last...

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Kroger, union in Atlanta division, including Savannah, reach agreement

ATLANTA — The Kroger Co.’s (NYSE: KR) Atlanta Division employees have ratified new labor agreements with UFCW Local 1996.“We are pleased to reach agreements that are good for our associates. These...

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The importance of creating leaders

“He’s a born leader.” You’ve probably heard that, but I think there is something patently untrue about that saying.Leaders are not born; they’re created.It takes much work, perseverance, and dedication...

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Conference to discuss state of small business in Savannah

A group of 11 area experts will discuss the state of small business in the Savannah area on Wednesday, April 23, during the second annual State of Small Business conference at the Savannah...

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Business in Savannah in brief

Colony Bankcorp Announces First Quarter ResultsColony Bankcorp Inc. (Nasdaq:CBAN) Friday reported net income of $814,000, or $0.10 per diluted share for the first quarter of 2014 compared to $567,000,...

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