GM plans $5B stock buyback, averts showdown with hedge funds
DETROIT — General Motors announced a $5 billion stock buyback as part of a plan to return more cash to investors. In return, an activist shareholder decided to drop a potentially divisive bid for a...
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Two local professors launch crowdfunding campaign for board game based on...
Georgia Southern University history professor Robert Batchelor was doing book research at Oxford University’s Bodleian Library in 2008 when he came across a reference in a text to an ancient 17th...
View ArticleThree Savannah firms top 'flavor of Georgia' rankings
ATLANTA — Savannah food marketers ranked at the top of three categories in the University of Georgia’s 2015 Flavor of Georgia Food Product Contest.The Savannah winners and their categories included:•...
View ArticleWorking with interns in an insta-feedback world
The age of Instagram, Twitter and Snap Chat is the age of insta-feedback. Today, people tweet, post and chat then immediately watch for the likes, shares and comments to rise like a thermometer’s...
View ArticleBusiness in Savannah in brief
Job recruitment for Family Dollar set ThursdayFamily Dollar will interview potential workers Thursday to fill about 209 jobs at two stores in the Savannah area.The recruitment will be 10 a.m. to 2 p.m....
View ArticleU.S. stocks fall sharply on fears the Fed may soon raise rates
U.S. stocks fall sharply on fears the Fed may soon raise rates NEW YORK — The seventh year of the U.S. bull market is off to a rocky start.U.S. stocks fell sharply on Tuesday, wiping out this year’s...
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Paula Deen Enterprises launches first mobile game
Paula Deen Ventures announced Wednesday that Deen has launched her first free mobile game, Paula Deen’s Recipe Quest, on the iOS platform.Players in the game embark on a cooking adventure where they...
View ArticleSavannah economy to pace overall state trends
ATLANTA – The Savannah economy is tracking the state again in growth, according to Georgia State University, which released its quarterly forecast Wednesday.The outlook by the university’s Economic...
View ArticleSavannah Historic Board approves two Broughton Street redevelopment projects
An ambitious infill development on West Broughton Street sailed through a key vote at the Historic District Board of Review on Wednesday, one of several new upscale developments reviewed for downtown....
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Trade center to reevaluate water ferries
The organization that runs Savannah’s Trade and Convention Center has completed its legal obligation to fund the deficits incurred by the water ferries that shuttle passengers back and forth between...
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Specialty drugs save lives, come with daunting price tags
Mati Munoz lost her liver to hepatitis C, and the virus was attacking its transplanted replacement last year when her doctor prescribed a drug combination that could save the organ.She just needed...
View ArticleTempted by Detroit's $500 properties? 5 things to know
DETROIT — Sixty-two thousand properties have faced foreclosure in Detroit this year over unpaid taxes. About half will likely be auctioned for $500 apiece this fall.Buying homes or vacant lots for $500...
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Flying cars, robot petting zoo: It's South by Southwest time
Flying cars and a robot petting zoo. Mobile wallets and net neutrality. The most outlandish ideas of the future and tech trends shaping the world today will be in focus as the freewheeling South by...
View ArticleMetro Savannah unemployment rate down from January 2014
ATLANTA — Metro Savannah’s unemployment rate for January was 6.4 percent, down from 7.4 percent in the same month in 2014 but up three-tenths of a percentage point from 6.1 percent in December, the...
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Bi-Lo to close Garden City, Sandfly stores
Bi-Lo Holdings plans to close two stores in the Savannah area, according to a spokeswoman.The grocery outlet will close its Sandfly location on Skidaway Road and its Garden City store on Augusta...
View ArticleSavannah's Fashion Night postponed
Organizers behind Savannah’s Fashion Night, an outdoor celebration of the local fashion scene, have announced they are postponing this year’s event. In a press release sent Thursday, organizers said...
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Iconic Savannah builder J.T. Turner Construction closing its doors
One of the Savannah area’s best-known names in high-end homebuilding, historic renovation and commitment to the community is ceasing operations after nearly four decades.“Unfortunately, J.T. Turner...
View ArticleSavannah area home sales surge in February
Metro Savannah home sales surged in February with 392 units sold in Bryan, Effingham and Chatham counties, according to latest figures from real estate tracker Savannah Multi-List Corp.That number is a...
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USS McFaul coming home for St. Pat's
The Savannah Council of the Navy League is always happy to welcome Navy ships and crews when they come into port. But even they will concede this one is special.The USS McFaul was commissioned in...
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With cremations up, urn artists look for the beauty in death
APEX, N.C. — Of all the pieces Julie Moore crafts in her home studio, the most popular is a brightly colored fabric vessel she calls “the party jar.”But in this case, the guest of honor is inside the...
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