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Wednesday, 09 January 2008 |
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GREENVILLE -- The real estate industry sent out conflicting signals Tuesday about the strength of the national residential market going forward. Stable U.S. housing sales are expected nationwide in the early part of 2008, but the rate of sales should pick up significantly in the last half of the year and on into 2009, the National Association of Realtors said. But the national market looks tougher to other experts that think the decline is far from over.
Read more at The Greenville News...
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Wednesday, 09 January 2008 |
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COLUMBIA -- The number of bankruptcy filings rose about 18 percent in South Carolina last year, partly because of troubled real estate and mortgage markets. South Carolina ranked 45th nationwide on filings per capita, down from 36th from a year ago, according to Jupiter eSources. The increase in bankruptcy filings was the nation’s third lowest. Nationwide housing woes could bring state bankruptcy filings near the 12,000 mark this year.
Read more at The (Columbia) State...
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Tuesday, 08 January 2008 |
AIKEN -- Most jobs at GlaxoSmithKline, one of Aiken's largest employers, appear to be safe as the international pharmaceutical company restructures the mission at its Aiken plant, company officials said Monday. "We are not planning a considerable number of layoffs," said Carson Sublett, Aiken's site director for GlaxoSmithKline. GlaxoSmithKline employs about 400 people in Aiken. The local plant in Verenes Industrial Park opened in 1978.
Read more at The Aiken Standard...
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Tuesday, 08 January 2008 |
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COLUMBIA -- Gov. Mark Sanford proposed increasing state spending for education, health care, public safety and conservation in his fiscal 2008-’09 executive budget released Monday. The $6.8 billion plan cuts overall spending by about $326 million. The 345-page document includes spending increases for education, health care, public safety and conservation, among other areas. The governor wants to cut state spending by consolidating state agencies, boards and commissions.
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Tuesday, 08 January 2008 |
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CHARLESTON -- James D. Ward, who for nearly a decade has served as the senior civilian official and U.S. Navy’s Space and Naval Warfare Systems Center in Charleston, has told his senior staffers that he plans to retire. He reportedly informed about 50 of his senior staffers of his decision during an impromptu meeting Monday morning. As technical director of SPAWAR Charleston, an organization estimated to have an annual $1 billion impact on the local economy, Ward has been in charge of overseeing one of the largest single clusters of computer scientists and engineers in South Carolina.
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Tuesday, 08 January 2008 |
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COLUMBIA -- The S.C. House of Representatives unveiled another immigration reform bill Monday, setting up a battle with the Senate over whose version should be enacted. Leaders of both sides have said immigration will be a priority for the 2008 session. House Speaker Bobby Harrell, R-Charleston, said the House proposal is more wide-reaching than a package the Senate approved in 2007.
Read more at The (Columbia) State...
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