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Thursday, 06 December 2007 |
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COLUMBIA -- A Centers of Economic Excellence report presented to the Budget and Control Board finds that an important program funded by lottery money is fueling critical research in areas that will advance South Carolina's economy. The report emphasizes the collaboration of endowed professorships created by the CoEE Program from 2003-06 and credits the Endowed Chairs Program for unprecedented scientific collaboration among the three research universities, citing one-third of the CoEEs are scientific partnerships between and among S.C. public institutions.
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Wednesday, 05 December 2007 |
COLUMBIA -- Citing concerns over the amount of capital spending SCANA Corp. has planned, Moody’s Investors Service on Tuesday lowered the Columbia-based power company’s bond rating. Moody’s slid SCANA’s rating from lowest top tier (A3) to the highest second tier ranking (Baa1). Moody’s specifically highlighted SCANA’s decision to take on more debt to pay for environmental upgrades.
Read more at The (Columbia) State...
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Wednesday, 05 December 2007 |
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ANDERSON-- Demolition is expected to start this week in an extreme makeover at AnMed Health Medical Center. Several buildings are being removed as part of a four-year, $74 million renovation at the 461-bed hospital on Fant Street. The work is being done in stages and will cause minor inconveniences, hospital officials said. Hospital staff said the construction is small price to pay for the long-term improvements coming to patients’ care.
Read more at The (Anderson) Independent-Mail...
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Wednesday, 05 December 2007 |
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MOUNT PLEASANT -- South Carolina’s oldest advertising agency joined one of the state’s largest advertising and public relations firms in a merger effective Tuesday. Mount Pleasant-based Advertising Service Agency, founded in 1931, is dropping its name and merging with Columbia-based Chernoff Newman in a move that will bring the two companies’ annual billings to more than $50 million.
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Tuesday, 04 December 2007 |
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Figures released during the 27th annual Economic Outlook Conference at the University of South Carolina indicate that South Carolina’s economy is slowing amid a downturn in consumer retail spending, which is projected to grow just slightly above inflation. Douglas Woodward, director of the division of research and professor of economics at the Moore School of Business, said part of the issue is psychological.
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Tuesday, 04 December 2007 |
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CHARLESTON -- Citing the city of Charleston’s “good faith undertaking of an independent and comprehensive review” of its fire department in the wake of the catastrophic June fire that claimed the lives of nine firefighters, a state occupational safety board announced Monday it was reducing fines levied against the department by slightly less than two-thirds. The reduction of fines from $9,325 to $3,160 is the result of a settlement agreement between S.C. OSHA and the city of Charleston.
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