WCSC - NEWS Business

Australian airline canceling orders for Boeing Dreamliners

Mon, 27 Aug 2012 20:25:00 EDT

An Australian airline is canceling 35 orders for Boeing Dreamliners. Quantas says it need to cut expenses. The company says it will still purchase 15 of the 787-8 models which is a little smaller than the 787-9 model.

2 SC Boeing employees appeal case against union

Tue, 21 Aug 2012 18:39:00 EDT

Two employees at South Carolina's Boeing plant have appealed their complaint against the International Association of Machinists.

Van body manufacturer to bring 119 jobs to Charleston Co.

Cameron Easley — Wed, 15 Aug 2012 11:32:00 EDT

A walk-in van body manufacturer is bringing a new 100,000 square-foot plant to North Charleston, and is expected to generate 119 new jobs.

Government gives ok for Air India to accept Boeing 787 Dreamliner

Fri, 3 Aug 2012 18:20:00 EDT

The Indian government has given the go ahead to Air India to take the first Lowcountry built Dreamliner along with other 787's they've ordered, according to an Indian newspaper.

Businesses hope for big boosts with PGA in town

Nicole Johnson — Fri, 27 Jul 2012 12:41:00 EDT

As pro-golfers, their teams, and spectators descend upon Kiawah Island in August, nearby businesses are gearing up for a busy week.

Michelin recalls 841K BFGoodrich, Uniroyal tires

Thu, 26 Jul 2012 18:15:00 EDT

Michelin is recalling around 841,000 BFGoodrich and Uniroyal tires because the tread can separate, causing rapid air loss.

Folly Beach business taking beating over booze ban

Mark Davenport — Wed, 25 Jul 2012 20:28:00 EDT

It's been two decades and Bert's Market on East Ashley Avenue on Folly Beach is still selling. Bert's is the only grocery store on Folly and has become a staple for residents and visitors alike.

Mexican airline commits to buying 100 Boeing jets

Live 5 News Web Staff — Wed, 25 Jul 2012 15:48:00 EDT

Mexico's largest airline has committed to buying up to 100 single-aisle and twin-aisle airplanes in an expansive move, Boeing announced Wednesday.

Commerce: Boeing relationship opens doors for SC

Thu, 19 Jul 2012 13:04:00 EDT

Commerce officials say South Carolina's relationship with aerospace giant Boeing Co. opened doors for the state at a recent international airshow outside London.

Boeing commercial plane chief retiring

Tue, 26 Jun 2012 19:11:00 EDT

The head of Boeing's commercial airplanes division is retiring. Jim Albaugh has run the biggest division at Boeing for almost three years.

Cummins Inc. to expand Ladson facility, create 76 new jobs

Cameron Easley — Mon, 18 Jun 2012 15:28:00 EDT

Cummins Inc., a global power leader, is bringing some of its operations to Ladson, and it is expected to bring 76 jobs to the Lowcountry.

JBC runway to undergo reconstruction on June 18

Philip Weiss — Tue, 5 Jun 2012 17:13:00 EDT

An outdated Joint Base Charleston runway is set to receive a makeover. Runway 15/33 will undergo reconstruction beginning June 18. Construction on the 9,000 foot long runway is expected to take 9 to 12 months to complete.

Santee Cooper reaches agreement with Alcoa to save 600 jobs

Fri, 1 Jun 2012 12:19:00 EDT

A new deal helped save 600 jobs in our area. Santee Cooper says it's reached an agreement with Alcoa that extends past the upcoming June 30 deadline.

First 787 built in SC takes maiden flight

Wed, 23 May 2012 19:40:00 EDT

The first Boeing 787 manufactured in South Carolina has taken off on a test flight. The aircraft took off shortly after noon Wednesday in North Charleston for a flight scheduled to last about four hours.

Export-Import bank extension approved for Boeing

Cameron Easley — Thu, 17 May 2012 08:59:00 EDT

Boeing recently got some good news as Congress approved a three-year extension of the Export-Import Bank, a federal program that assists United States companies with selling their products overseas.

Air India pilots on strike, cite lack of Boeing 787 training opportunities

Wed, 9 May 2012 21:11:00 EDT

Air India says a court has ruled that a strike by some of its pilots is illegal. The state-owned airline's spokesman Prasad Rao said management sought the New Delhi High Court's intervention after nearly 150 of its 1,500 pilots called in sick for a second day Wednesday.

Several AC units reported stolen throughout Beaufort County

Wed, 9 May 2012 13:52:00 EDT

The Beaufort County Sheriff's Office is investigating several air conditioning unit thefts throughout northern Beaufort County over the last two months.

Charleston's restaurant industry heating up

Nicole Johnson — Wed, 9 May 2012 13:51:00 EDT

The restaurant industry in Charleston is thriving. Now many fine dining restaurant owners are opening second restaurants with a cheaper menu. "It's anything from French influences, Cajun influences, good

Blackbaud acquires Convio, Inc.

Mon, 7 May 2012 20:34:00 EDT

An exciting day for Charleston based software company Blackbaud. On Monday, officials with the company announced that they have completed their acquisition of Convio, Inc., a leading company which helps make contacts with potential donors for nonprofits.

History made as Boeing rolls out first SC-made 787 Dreamliner

Live 5 News Web Staff — Fri, 27 Apr 2012 20:31:00 EDT

History was made in the Lowcountry as Boeing rolled out its first North Charleston made 787 Dreamliner on Friday. Thousands came out to watch the unveiling of the Dreamliner 787, a plane that took almost 6,000 people to build.

Charleston billionaire predicts boom for Boeing

Harve Jacobs — Thu, 26 Apr 2012 19:27:00 EDT

Charleston billionaire Anita Zucker Thursday predicted Boeing will continue to grow as the aerospace giant rolls out the first completed 787 Dreamliner at it's North Charleston plant.

Local businesses hope for boost as Boeing Dreamliner rolls out

Nicole Johnson — Tue, 24 Apr 2012 20:08:00 EDT

The first Boeing 787 Dreamliner made in South Carolina has yet to be revealed publicly, but local businesses say they are already experiencing a boost with the airplane manufacturer in town.

31 new jobs coming to Charleston County

Live 5 News Web Staff — Wed, 16 Nov 2011 10:57:00 EST

Cummins Technical Center of Charleston announced a multi-million dollar expansion in Charleston County, which is expected to bring new jobs to the area.

Boeing to build spacecrafts at shuttle hangar

Mon, 31 Oct 2011 08:47:00 EDT

Boeing will announce plans to lease the hanger that housed the space shuttles to build similar crafts that will bring people and cargo to space.

Bridgestone investing $1.2B in SC, adding 850 jobs

Wed, 21 Sep 2011 16:49:00 EDT

Bridgestone is scheduled to make a major announcement at its Aiken County plant.

August unemployment rises in South Carolina

Fri, 16 Sep 2011 14:27:00 EDT

South Carolina's unemployment rate rose from to 11.1 percent in August. The Department of Employment and Workforce released new unemployment rates Friday, which rose from 10.9 percent in July.

Canadian firm to open housing plant in Orangeburg

Tue, 6 Sep 2011 22:27:00 EDT

A company that makes houses that can be put together in about two days is building a plant in Orangeburg County that will bring 300 jobs and an investment of about $10 million to the area over the next five years.

Mt. Pleasant to host first ever free business expo

Nicole Johnson — Tue, 6 Sep 2011 22:26:00 EDT

The town of Mount Pleasant and Mount Pleasant Business Association now partnering up to promote local shops and restaurants. On Thursday, Sept.8, the first ever Entrepreneur and Business Expo will take place.

Boeing marks two new milestones

Wed, 24 Aug 2011 20:28:00 EDT

Boeing marks two new milestones. Workers in the North Charleston plant are assembling the first new 787 to be made in South Carolina.

Fine art galleries struggle in uncertain economy

Nicole Johnson — Fri, 19 Aug 2011 20:05:00 EDT

Local artists are being hit hard, but they're doing what they can to make ends meet.

Boeing extends deadline for jobs after applicants overwhelm website

Sun, 14 Aug 2011 09:30:00 EDT

Boeing has extended the deadline for people to apply online for jobs at its North Charleston plant because more than 500 people tried to file in the first 2.5 hours, overwhelming the site.

Packaging company expanding, creating 26 jobs in Dorchester Co.

Mon, 25 Jul 2011 16:03:00 EDT

Packaging manufacturer Coastal Corrugated Inc. plans to expand its Dorchester County plant, adding 26 jobs this year.

Program helps teens get jobs, make community safer

Nicole Johnson — Fri, 15 Jul 2011 17:48:00 EDT

Since 2009, Walterboro Police say they have responded to six murders, 75 aggravated assaults with a firearm, and 56 robberies. There has been a public outcry to get something done. Now the safety program put in place to tackle crime and give teens job training graduates its first batch of students.

Gov. Haley asks Obama about SC jobs via Twitter

Philip Weiss — Wed, 6 Jul 2011 15:06:00 EDT

As President Barack Obama was preparing for the first ever Twitter National Town Hall meeting Wednesday, South Carolina Gov. Nikki Haley challenged President Obama with a question of her own.

Berkeley tire company to bring 150 jobs to Lowcountry

Live 5 News Web Staff — Wed, 29 Jun 2011 11:10:00 EDT

A tire recycling and rubber product manufacturing company is making a $25 million investment in South Carolina, which is expected to bring 150 new jobs Berkeley County. Tire International expects to have

Trident to cut 35 jobs following new legislation

Cameron Easley — Tue, 14 Jun 2011 10:35:00 EDT

Trident Health System is laying off 35 full-time employees following cuts in State Medicaid reimbursements to doctors and hospitals.

News Corp. OKs poison pill, buyback before split

Fri, 24 May 2013 19:58:00 EDT

News Corp. said its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies. The company also adopted a shareholder-rights plan designed to prevent a hostile...

FDA warns of infections tied to Tennessee pharmacy

Fri, 24 May 2013 19:28:00 EDT

Health officials are investigating cases involving patients who suffered complications after being injected with potentially contaminated medications made by a Tennessee specialty pharmacy.

Barrick fined $16m for Pascua-Lama violations

Fri, 24 May 2013 18:38:00 EDT

Chile's environmental regulator blocked Barrick Gold Corp.'s $8.5 billion Pascua-Lama project on Friday and imposed its maximum fine on the world's largest gold miner, citing "very serious" violations of its...

Schumer urges look at security in Sprint deal

Fri, 24 May 2013 17:38:00 EDT

Sen. Charles Schumer urged regulators to "use extreme caution" when reviewing the proposed acquisition of No. 3 cell carrier Sprint Nextel by Japan's Softbank, saying the Japanese company's use of Chinese networking...

Stocks barely budge; market ends week with loss

Fri, 24 May 2013 17:18:00 EDT

Major stock indexes closed out their first weekly loss in a month in quiet trading Friday.

Netflix looks to hook subscribers with 'Arrested'

Fri, 24 May 2013 16:59:00 EDT

Netflix is hoping this weekend's release of the resurrected TV series "Arrested Development" will draw more subscribers to its Internet video service.

Delta ups the ante in battle for NY travel market

Fri, 24 May 2013 16:48:00 EDT

Delta's formula for winning over New York travelers is simple: floor-to-ceiling windows, abundant power outlets and a burger joint with a cult-like following.

Stocks fade, post first weekly loss in a month

Fri, 24 May 2013 16:19:00 EDT

Stocks prices are closing mostly lower on Wall Street, giving the market its first weekly loss in a month.

Oil ends week down 2 pct on tepid demand outlook

Fri, 24 May 2013 16:08:00 EDT

The price of oil fell 2 percent this week, as oil traders worried about global demand and shared the stock market's concerns about possible changes to the Federal Reserve economic stimulus program.

Venezuela to create new workers militia

Fri, 24 May 2013 15:28:00 EDT

Venezuela's president has ordered the creation of a new workers' militia to defend the country's "Bolivarian revolution" at a time when the government faces economic problems and political turmoil.