Bank of America's earnings soar 70 percent
NEW YORK — Bank of America says its second-quarter profits soared, helped by higher earnings from investment banking and cost-cutting.The results, reported early Wednesday, beat analysts’ expectations....
View ArticleU.S. builders start work on fewer homes in June
WASHINGTON — U.S. builders started work on fewer homes in June, mostly because apartment construction fell sharply. But applications for permits to build single-family houses rose to the highest level...
View ArticleCamry in battle to stay America's best-selling car
DETROIT — America’s top-selling car is in danger of losing its title.Toyota’s Camry has been No. 1 for more than a decade, but the company is stretching to keep it there with price cuts, rebates and...
View ArticleExchange in brief
Memorial ranked on magazine’s ‘best hospitals’ listMemorial University Medical Center was ranked the fifth best hospital in Georgia on U.S. News & World Report’s 2013-14 best hospitals list.The...
View ArticleGeorgia-Pacific class action suit to move ahead
The Georgia Court of Appeals, in a 4-3 vote, has upheld the class action certification of a lawsuit against Georgia-Pacific.Kirbi and Aaron Ratner and David and Kathy McDonald, who live near the Fort...
View ArticleSavannah job market maintains momentum in June
Summer’s start traditionally marks a mountain pass for job growth in Savannah.School lets out, resulting in a two- or three-month drop in education jobs. That dries up the tourism business, leading to...
View ArticlePortSide: Watching the river rise
When Col. Thomas Tickner takes command of the Savannah District of the U.S. Army Corp of Engineers from Col. Jeffrey Hall this morning in a ceremony overlooking the river at the Hyatt Regency Savannah,...
View ArticleClik here to view.
'Aria' ready?
Savannah’s newest musical experience is still weeks away from a first performance, yet it has already generated more attention than organizers had dared to expect.“The eyes of the opera world are on...
View ArticleExchange in brief
SunTrust second-quarter income up 35 percentATLANTA — SunTrust Banks Inc. said Friday its second-quarter net income jumped 35 percent, helped by better loan quality and lower expenses.The Atlanta-based...
View ArticleClik here to view.
Corps changes Savannah District commanders
In a change-of-command ceremony whose roots date back to the Roman Empire, Col. Jeffrey M. Hall, retiring commander of the Savannah District, U.S. Army Corps of Engineers, passed the Corps’ colors to...
View ArticleGE shares rise to post-crisis high on U.S. outlook
NEW YORK — An improving outlook for the U.S. economy and signs of stabilization in Europe sent General Electric shares to their highest level since 2008 despite modest quarterly results.“Orders in the...
View ArticleIn support of young world changers
Recently I talked with two young social entrepreneurs whose goal is to save a million people in western China from dying of pollution caused by solid fuels. They and hundreds of other young adults are...
View ArticleJobless rates jump in Beaufort, Jasper counties
COLUMBIA — Beaufort and Jasper counties both saw their unemployment rate grow more than a full percentage point from May to June. Beaufort County’s jobless rate rose from 6.8 percent in May to 7.9...
View ArticleClik here to view.
Georgia's chief innovation cheerleader
It’s been said that if you want something done right, ask a busy person.Maybe that’s why Page Siplon — director of the Georgia Center of Innovation for Logistics in Savannah and one of the busiest...
View ArticleClik here to view.
Court to hear appeal on Christ Church Anglican's proposed new home
The Bill of Rights ensures Christ Church Anglican members the freedom to worship.Different documents dictate where the congregation can build its place of worship, though. The Rev. Marc Robertson and...
View ArticleSoft Savannah economic data give reason for concern
Sometimes our senses tell us very different stories than hard numbers tell. As I make my way around town, I’m struck over and over again by the new investment and construction that we’re...
View ArticleExchange in brief
Study finds Wells Fargo ‘most generous’A study in The Chronicle of Philanthropy has found that Wells Fargo & Co. was the nation’s most generous corporate donor to charities and nonprofits in...
View ArticleClik here to view.
Newsmakers
HIRES/PROMOTIONSROSE BRENKUSNew job title: Heavenly Spa manager Company: The Westin Savannah Harbor Golf Resort & Spa Duties: Brenkus will manage the Heavenly Spa and the teams that function within...
View ArticleBusiness events
NAWIC meetingLocal Union representatives will offer insights and help to dispel certain stigmas. Date: July 22Time: 5:30 p.m.Location: The Exchange Tavern on Waters AvenueCost: $20 for memebers; $30...
View ArticleClik here to view.
Savannah Tech looks to adapt to a changing auto industry
If you want to stump today’s students training as the next generation of automotive technicians, simply ask them what a carburetor is. However, if you are curious on how to convert the number 13 into...
View Article