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Toyota to pay $1.2B to settle criminal probe

WASHINGTON — Toyota agreed to pay $1.2 billion to settle an investigation by the U.S. government, admitting that it hid information about defects that caused Toyota and Lexus vehicles to accelerate...

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Cheerios get no lift from GMO switch

NEW YORK — Plain old Cheerios are no longer made with genetically modified ingredients, but the switch hasn’t yet translated to a boost in sales.General Mills, the company that makes the cereal, in...

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Business in Savannah in brief

Mortgage company opens Savannah office San Diego-based Guild Mortgage Co. has opened a branch in Savannah as part of a planned expansion in the Southeast.Brenda Harden, who worked with Brand Mortgage...

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Our economic times: EITCJ and minimum wage most effective together

The great debate on poverty reduction in America has pivoted towards the relative impact of expanding the Earned Income Tax Credit (EITC) versus raising the minimum wage. President Obama’s recent...

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Gov. Deal: 'Future bright for Georgia ports'

ATLANTA — Gov. Nathan Deal, addressing the Georgia Logistics Summit Wednesday, sounded a decidedly positive note on the future of the Savannah Harbor Expansion Project — a 15-year effort to deepen the...

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Gov. Deal to sign budget with $35 million more for Savannah port deepening

The $35 million in additional port deepening funds proposed by Georgia Gov. Nathan Deal has been approved by the state legislature and now awaits the governor’s signature.Along with previous funding,...

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Developer Ben Carter, with interests in Savannah and Pooler, to sell his...

Atlanta-based developer Ben Carter — who’s involved in significant projects in Pooler and along Savannah’s Broughton Street — is considering selling his half of the St. Johns Town Center retail complex...

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IRS has $28 million for Georgians who have not filed 2010 tax returns

ATLANTA — Refunds totaling almost $760 million may be waiting for an estimated 918,600 taxpayers who did not file a federal income tax return for 2010, In Georgia, over $28 million in unclaimed refunds...

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Starbucks to roll out beer, wine to more cafes

The coffee company says it is looking to expand alcohol sales to “thousands of select stores” over the next several years, although it didn’t provide details on an exact timeline.The chain first...

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Business in Savannah in brief

House sends airplane parts bill to governorATLANTA — Companies that repair airplanes won’t have to worry about out-of-state customers paying sales tax on the parts if Gov. Nathan Deal signs a bill that...

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Hobart closing Richmond Hill plant

The Hobart plant that has operated in Richmond Hill for more than 30 years will close during the fourth quarter of 2014, company officials confirmed Thursday.Employees had been notified Wednesday of...

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Deal: 'We've done our part'

With another $35 million in port deepening funds awaiting Gov. Nathan Deal’s signature, Georgia will have allocated $266 million, fulfilling the state’s portion of the Savannah Harbor Expansion Project...

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Savannah Music Festival to give tourism boost

As the punchy sounds of flamenco guitar and jazz piano start to fill venues around town for the 25th annual Savannah Music Festival, a record number of visitors may also be filling up hotels.Rob...

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Owners of three Savannah TV stations announce merger

The parent companies of Savannah-area stations WSAV, WJCL and WTGS announced a $1.6 billion merger Friday, creating the second largest broadcasting group in the country in number of stations. LIN...

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S.C. lawmakers want to ease restrictions on golf carts

COLUMBIA — South Carolina lawmakers want to make it easier for people who rent beach houses and attend major sporting events to ride in golf carts. A Senate committee advanced legislation that would...

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Georgia Southern launches research partnership with Irish university

STATESBOROGeorgia Southern University and the Waterford Institute of Technology, along with the Georgia Historical Society and the John F. Kennedy Trustin New Ross, County Wexford, Ireland, have formed...

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Armstrong gets OK to offer new economics degree

The University System of Georgia Board of Regents, meeting in Atlanta Wednesday, approved Armstrong Atlantic State University’s request to offer a new Bachelor of Science degree in business economics...

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Slow St. Patrick's didn't mean slow for Savannah city services

This was not the strongest St. Patrick’s Day Festival our city has hosted, which comes as little surprise to those in the tourism industry.With the parade falling on a Monday and rain that didn’t seem...

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Business in Savannah in brief

Program designed for young companiesYoung companies and entrepreneurs in the planning stages of their business are invited to take part in the Small Business Development Center’s upcoming SBDC...

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Savannah Mall seeks new identity as entertainment niche

Philip McConnell, general manager of the Savannah Mall, can sum up his biggest challenge in one word: perception.“It’s been perceived as going down for years,” said McConnell of the 23-year-old...

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