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Oil spill panel hears about Halliburton warning

Federal investigators probing the blowout that led to the Gulf oil spill grilled a Halliburton official Tuesday about concerns the petroleum services firm raised over the potential for a severe gas flow problem if a BP plan... More>>

Stocks drop after sharp fall in July home sales

Stocks fell for a fourth day after another disappointing report on housing deepened worries that the economic recovery could be fading. Bond yields fell as investors sought out more stable investments. More>>

Low prices and rates can't slow fall in home sales

Home prices in many parts of the country scream bargain, and mortgage rates haven't been this low for decades. So why are houses across the nation sitting on the market for so long? More>>

US agency steps up probe of stalling Corolla cars

U.S. safety regulators have stepped up their investigation into complaints of stalled engines on Toyota Corolla sedans and Matrix hatchbacks, but government officials stopped short of announcing a recall. More>>

Dollar tumbles to 15-year low versus yen

The dollar tumbled to a 15-year low against the yen Tuesday as worries about a slowdown in the global economy boosted currencies seen as safer bets. More>>

Blackbaud, Inc, the leading global provider of nonprofit software and services, is rounding out the third quarter with a continued focus on its core value of "making the world a better place." More>>

Auto sales boost otherwise weak retail sector

Americans spent less at most retail stores in July and inflation remained tame as high unemployment and weak job growth fueled fears of a slowing economic recovery. More>>

US Airways to add another flight from CHS to LGA

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US Airways announced Monday the company would be adding another flight to its Charleston-to-New York City route in October. More>>

Jobs picture dims as unemployment claims rise

The economy is looking bleaker as new applications for jobless benefits rose last week to the highest level in almost six months. More>>

Honey bees make sweet deal for Ritz Carlton

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The honey bee hives might look a bit out of place perched atop one of Charlotte's most luxurious hotels, but the product never tasted so sweet. More>>

Report: SC top state for economic growth potential

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South Carolina has landed at the top of a new economic report published by "Business Facilities." The publication ranked the state as number one for economic growth potential. More>>

Synthetics firm expanding in Williamsburg Co., creating 75 jobs

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A synthetics manufacturer in Williamsburg County announced Tuesday it would be expanding its operation, generation 75 new jobs and a $7 million investment. More>>

SC court rejects nuclear plant-related rate hike

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South Carolina's highest court says SCE&G customers should not have to pay for a contingency fund to cover costs the company may incur while building nuclear reactors. More>>

The former location of Walmart in a West Ashley shopping plaza will soon be a Kohl's Department Store. More>>

SPA, Conservation League come to agreement on emissions, rail

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The South Carolina State Ports Authority and the South Carolina Coastal Conservation League have successfully concluded several months of mediation and reached a settlement, ending a years-long battle and allowing Charleston's new container terminal and port access road to proceed. More>>

Tax-free weekend underway; See what qualifies

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School is starting up right around the corner, and that means back to school shopping, because before many students head back to class, their parents head to the mall. More>>

Port of Charleston volume up 19 percent, reaches new milestone

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Deepening of Charleston Harbor, already the deepest in the Southeast, reached another milestone as container volumes in the Port of Charleston increased 19 percent in the first half of 2010. More>>

Force Protection earns $19 million contract modification

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Force Protection Industries announced Tuesday that it has received $19.9 million in a fixed contract modification for continuing field service support work in Afghanistan, Kuwait and the continental United States. More>>

Software company leaving Columbia for Lowcountry

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Avista Solutions, a company specializing in web‐based mortgage software for Community Banks, Credit Unions, and Mortgage Bankers, announced Tuesday the relocation of their corporate headquarters to Charleston from Columbia. More>>

Savannah takes another step towards cruise ship terminal

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The city of Savannah has accepted a bid on a feasability study to explore Savannah's cruise ship potential. More>>

Study approved to examine deepening Charleston harbor

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Lawmakers are looking to bring more money into the city by making the Charleston harbor deeper. A US House committee approved expedited studies of harbor deepening in the Port of Charleston through the Water Resources Development Act. More>>

Storm could take away sights and sounds of BP well

Ships relaying the sights and sounds from BP's broken oil well stood fast Friday asthe leftovers of Tropical Storm Bonnie blew straight for the spill site, threatening to force a full evacuation that would leave... More>>

Verizon posts 2Q loss on costs of employee buyout

Verizon Communications Inc. on Friday said it lost $198 million in the second quarter due to a buyout for 11,000 workers. More>>

Ford reaping solid profits after turnaround

Four years ago, Ford mortgaged everything down to the blue oval logo to save itself. Now, even as Americans remain skittish about the economy, it's reaping big rewards and stealing business from stumbling rivals. More>>

Raytheon unveils Scorpion helmet technology

As the desert landscape unfolds ahead, the jet fighter pilot glances to his right. Spotting an enemy target, a sensor attached to his helmet relays the information straight back to his flight controls, allowing him to fire... More>>

Stocks rise after Euro bank tests, earnings

Investors bought stocks again on the latest reassuring news about the economy. This time, it was about European banks. More>>

Treasury announces sale of more Citigroup stock

The Treasury Department said it will sell 1.5 billion shares of Citigroup stock over the next two months, the latest effort to recoup money from the government's $700 billion financial bailout. More>>

Auto recovery lifts Johnson Controls 3Q net income

A recovery in car and truck production helped Johnson Controls Inc. more than double its net income in the fiscal third quarter, the maker of automotive batteries and building climate-control systems said Friday. More>>

Magna shareholders approve Stronach buyout

Magna International Inc. said Friday more than 75 percent of its common shareholders approved a plan to pay founder and chairman Frank Stronach about $1 billion to give up his family's voting control of the global auto... More>>

Keys to city's parking meters slip through hole in man's pants Video included

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Someone not on the city's payroll may be walking around with all the keys to Charleston's parking meters. However, officials for the city says the meters are safe. More>>

The Ocean Course on course for 2012 PGA

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It took nearly two decades for The Ocean Course to entice the world's top golfers back to the mythic layout. Organizers want to make sure it won't take that long for the next one after the PGA Championships in 2012. More>>

Gasoline pump prices are heading higher

By SANDY SHORE AP Business Writer Drivers may want to fill up their SUVs, hybrids and motorcycles this weekend, because higher gasoline prices could be right around the corner. More>>

Obama acknowledges economic stress not so long ago

President Barack Obama said in an interview broadcast Friday he can relate to Americans striving in the struggling economy to pay bills while saving for their children's education and their own retirement. More>>

Banks, markets await European stress test results

Ninety-one banks. Twenty countries. One exam. So who's going to flunk the European stress test? More>>

Key ships ordered to leave spill site before storm

Key ships stationed over BP's crippled well in the Gulf of Mexico were ordered to evacuate Thursday ahead of Tropical Storm Bonnie, and engineers have grown so confident in the leaky cap fixed to the well head that they... More>>

Senate Democrats turn focus to Gulf spill response

Senate Democrats hope to pass a narrow energy bill next week that responds to the oil spill in the Gulf of Mexico and takes steps to improve energy efficiency, after abandoning plans for a sweeping measure that caps... More>>

Small business lending measure clears filibuster

Community banks may soon be able tap a $30 billion government fund to help them increase lending to small businesses. More>>

Kimberly-Clark 2Q net income rises with prices

Kimberly-Clark Corp., the maker of Kleenex tissues and Huggies diapers, said Friday that higher selling prices and cost cuts helped its second-quarter net income rise 24 percent. More>>

SC banks in danger of failing get federal orders to shape up

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Three South Carolina banks have failed in 2010 -- two last weekend, and another in April. The Federal Deposit Insurance Corporation is stepping in to keep some other banks from having the same fate. More>>

Charleston County is hosting the second in a three part series of free workshops for small business owners on July, 22nd. More>>

Charleston's visitors bureau could take over welcome centers

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South Carolina's cash-strapped tourism agency is looking for nonprofit organizations to take over operation of the state's nine welcome centers. More>>

BP caps leak, but will it hold?

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BP says it is encouraged by results so far from a new cap on its busted oil well in the Gulf of Mexico. More>>

BP: No oil leaking into Gulf from busted well

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BP says oil from its broken well has stopped gushing into the Gulf of Mexico for the first time since April. More>>

Blue Bell Creameries will be expanding its South Carolina operations by building a distribution center in North Charleston. More>>

Boeing picks North Charleston to build interior airplane parts facility

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Boeing has chosen North Charleston to build a new 787 Dreamliner interiors fabrication facility where employees will build and assemble interior airplane parts. More>>

Behr Heat Transfer Systems today announced the company will expand the manufacturing portfolio at its facility on Leeds Avenue in North Charleston.  Behr plans to spend three million dollars which will create about 70 jobs over the next several years. More>>

Alvin Greene on job creation: Produce Alvin Greene action figures

The buzz surrounding surprise Senate nominee Alvin Greene has gone international as Republican incumbent Jim DeMint's Democratic challenger described an unusual plan for job creation to a British newspaper this week. More>>

Grand Strand police departments swap equipment in tough times

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Police departments along South Carolina's Grand Strand are helping each other out not just with crime tips, but by sharing equipment too. More>>

Summer camps show signs of growing pains

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Some Horry County summer camps are reaching capacity in just one day, leaving some parents searching for alternatives. More>>

iPhone 4: Hiccups, problems no match for features, popularity

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What started last Thursday with lines that ranged from a dozen to several thousand deep has turned into another record for Apple and Steve Jobs who reported Monday the company sold 1.7 million iPhone 4s in its first three days of world-wide sales. More>>

Legendary country music bar to close doors in MB

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It has played host to some of country's biggest music stars, and now The Beach Wagon will be taking its final bow after nearly 30 years in business. More>>

Federal regs set to restrain Wall Street risk

Congressional negotiators struck a deal Friday on the toughest financial regulations since the Great Depression, aiming to rein in Wall Street excess and tighten rules on everything from simple debit card swipes to the most... More>>

Verizon: Droid X smart phone coming July 15

Verizon Wireless said Wednesday that it will begin selling the Droid X, the follow-up to Motorola Inc.'s popular Droid smart phone, on July 15. More>>

BP puts Bob Dudley in key Gulf clean-up role

BP put Mississippi native Bob Dudley in charge of handling the Gulf of Mexico oil spill on Wednesday, an effort to clean up its image and take the spotlight off chief executive Tony Hayward, the Englishman whose gaffes have... More>>

Fed strikes more cautious tone on US recovery

The Federal Reserve struck a more cautious tone about the strength of the U.S. economic recovery, indicating Europe's debt crisis poses a risk to it. More>>

Stocks fall on home sales slump, cautious Fed view

The stock market closed with a slight loss Wednesday after sales of new homes hit a record low and the Federal Reserve indicated that problems in Europe pose a threat to the U.S. economy. More>>

Hundreds line up to buy new iPhone in downtown Charleston Video included

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Apple Inc.'s newest iPhone was in hot demand Thursday as hundreds lined up outside stores in Charleston, Tokyo, Berlin, New York and everywhere in between, trying to become one of the first to own the device. More>>

Mt. Pleasant company lays off workers as expansion plans lag

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A biotechnology company that planned to create 120 jobs in South Carolina has laid off its workers as its expansion stalled. The Post and Courier of Charleston reported Thursday that GenPhar has laid off its 15 employees in Mount Pleasant. More>>

Financial Overhaul 101: Targeting risky mortgages

They were at the root of the financial crisis: Risky home loans made to borrowers with poor credit. And "liar loans" that let people with little incomes get big mortgages they couldn't repay. More>>

To lawyers, BP's PR strategy isn't puzzling

By CURT ANDERSON and DAVID KOENIG and RAMIT PLUSHNICK-MASTI Associated Press Writers To a nation frustrated by the Gulf oil spill, BP's attempts at damage control have sometimes been infuriatingly vague. But... More>>

Jobless claims drop but remain at elevated levels

Initial claims for jobless benefits fell by the largest number in two months last week, but remain above levels consistent with healthy job growth. More>>

Nations fail to limit whaling, Japan still hunts

An international effort to truly limit whale hunting collapsed Wednesday, leaving Japan, Norway and Iceland free to keep killing hundreds of mammals a year, even raiding a marine sanctuary in Antarctic waters unchecked. More>>

Inventory auction underway at Carolina Nurseries

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The inventory at Carolina Nurseries was sold at auction Wednesday after the almost century-old company could not secure new financing on a loan. More>>

Interest rates fall as Fed holds rates steady

Interest rates fell in the bond market Wednesday after the Federal Reserve said it will hold rates at a record low. The Fed also suggested Europe's debt crisis poses risks to the U.S. economy. More>>

GM looks to banks to finance more subprime buyers

General Motors Co. is looking to boost auto sales by lining up banks and other financial institutions to make loans and lease deals for buyers with poor credit. More>>

Toyota names new leaders at North American plants

Toyota Motor Corp. is naming new leaders at five of its factories inNorth America and replacing two Japanese executives with Americans, saying the moves will give more authority to local managers. More>>

Fannie Mae to penalize homeowners who walk away

Government-sponsored mortgage purchaser Fannie Mae is trying to encourage distressed homeowners to find alternatives to foreclosure by banning those who walk away from getting new loans for seven years. More>>

Tribune examiner asks for more time

The independent examiner in the Tribune Co. bankruptcy case is asking for more time to complete his report on the media company's 2007 leveraged buyout. More>>

Ohio tries to save jobs over environmental rule

Ohio's governor has asked state environmental regulators to come up with a way to save 214 jobs at a northwest Ohio plant that is considering a move to Indiana because of an environmental rule. More>>

SpaghettiOs, frozen dinners pulled from shelves

Two popular grocery items are being pulled off the shelves - SpaghettiOs that weren't adequately heated during processing, and Marie Callender's frozen dinners that pose a salmonella risk. More>>

SC unemployment rate drops for 4th straight month

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South Carolina's unemployment rate has dropped for the fourth month in a row, registering 11 percent in May. More>>

Chief supporter says retail incentives bill dead

Associated Press - June 18, 2010 9:05 AM ET HILTON HEAD ISLAND, S.C. (AP) - The chief supporter of a bill to create incentives for a large, upscale retail development proposed near the South... More>>

Beach bash: SC's Broadway at the Beach turns 15

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1 of South Carolina's biggest tourist attractions is celebrating its 15th birthday with a 10-day celebration. More>>

Stocks falter in last hour; trader anxiety sets in

Stocks faltered in the last hour of trading Monday after investors gave in to anxiety about Europe's economy. More>>

Cablevision in $1.4B deal for cable co. Bresnan

By DEBORAH YAO AP Business Writer Cablevision Systems Corp. said Monday it will pay $1.4 billion to expand far beyond its focus in the New York City area with the purchase of Bresnan Communications, a mid-sized... More>>

6-week slide in gasoline prices may be ending

By MARK WILLIAMS AP Energy Writer It looks like the nearly six-week run in lower gasoline prices is just about over. More>>

Obama to cap Gulf tour with Oval Office speech

President Barack Obama is capping two days in the suffering Gulf of Mexico with a solemn, high-stakes address to the nation that will lay out the enormous effort needed to right the multifaceted damage from the country's... More>>

Onyx, Bayer say Nexavar fails in lung cancer study

Bayer HealthCare and Onyx Pharmaceuticals Inc. said Monday their cancer treatment Nexavar failed to boost survival in a clinical study involving patients with a certain type of advanced lung cancer. More>>

EU companies: debt crisis is hurting recovery

European companies warned Monday that the region's debt crisis risks damaging a fragile economic recovery by hiking costs for businesses to borrow and invest. More>>

Obstacles are as vast as Afghan's mineral reserves

It could take years and possibly even a peace settlement for Afghanistan to reap profits from nearly $1 trillion in mineral resources that U.S. geologists say lie beneath its rugged terrain - some in areas currently... More>>

Spirit Airlines cancels flights through Tuesday

Spirit Airlines is canceling all of its flights through Tuesday, stranding thousands more passengers as a pilot's strike continues into its second day. More>>

SCE&G looking for $10 million cut to natural gas rates

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South Carolina Electric & Gas Company Tuesday filed with the Public Service Commission of South Carolina and the South Carolina Office of Regulatory Staff for a 2.24 percent decrease to its retail natural gas rates. More>>

Senators call on BP to set up $20B special account

Democratic senators want BP to set aside $20 billion to pay for cleanup and other costs from the Gulf oil spill. More>>

Big Ferris Wheel could come to Myrtle Beach

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The Pavilion is gone, but officials in Myrtle Beach say they could have a really big attraction for the South Carolina coast. More>>

Papers in Europe weather crisis better than US

European newspapers are weathering the media crisis better than their U.S. counterparts, a report released Monday suggested. More>>

Feds under pressure to open US skies to drones

Unmanned aircraft have proved their usefulness and reliability in the war zones of Afghanistan and Iraq. Now the pressure's on to allow them in the skies over the United States. More>>

Recharging debate, Obama expands offshore drilling

Shaking up years of energy policy and his own environmental backers, President Barack Obama threw open a huge swath of East Coast waters and other protected areas in Alaska and the Gulf of Mexico to drilling Wednesday,... More>>

Fed official: record low rates still needed

Rock-bottom interest rates are still needed to aid the economic recovery, but there's a chance that the Federal Reserve may have to start raising rates before the nation's unemployment rate drops significantly, a... More>>

Soybean, corn prices tumble after crop report

Soybeans plunged Wednesday after the government reported that stockpiles of beans are larger than expected. Corn and wheat also fell sharply in response to the Agriculture Department report. More>>

American Airlines, JetBlue form partnership

American Airlines and JetBlue Airways said Wednesday that they have formed a partnership to offer passengers connections to flights in and out of New York and Boston. More>>

Gov't set to ban texting by truck, bus drivers

The Transportation Department on Wednesday proposed a ban on text messaging at the wheel by interstate truck and bus drivers, following up on its call to reduce distractions that lead to crashes. More>>

Summary Box: Low rates still needed to aid economy

NOT READY TO BOOST RATES: Dennis Lockhart, president of the Federal Reserve Bank of Atlanta, said record-low interest rates are still need to foster the economic recovery. More>>

Feds settle suit over drilling in Rocky Mountains

The Obama administration will limit the use of an administrative shortcut that has been used to approve thousands of drilling permits across the Rocky Mountains without full environmental reviews. More>>

Lindsay posts higher fiscal 2nd-quarter profit

Lindsay Corp., which makes agricultural irrigation systems and construction safety equipment, said Wednesday that its fiscal second-quarter profit jumped sharply as revenue increased. More>>

Credit reports: Who's looking at yours? And why?

Now that it will be easier to find your free credit report, you may be curious about who else can see it and how it can be used. More>>

Fed cracks down on gift card abuses

The Federal Reserve issued new rules on Tuesday to protect Americans from getting stung by unexpected fees or restrictions on gift cards. More>>

Toyota will replace pedals for unhappy owners

Toyota owners who are dissatisfied with the repairs to their vehicles covered by a massive recall to address sticky gas pedals can have replacement accelerator pedals installed, according to a memo the company sent to... More>>

Toyota dismisses Calif. man's runaway Prius report

Toyota Motor Corp. was quiet last week when James Sikes told reporters how the gas pedal got stuck on his 2008 Prius, leading him on a wild ride on a Southern California freeway. More>>

Sony bets MJ fans won't stop 'til they get enough

The record-breaking deal in which Michael Jackson's estate will get up to $250 million in the next seven years probably isn't a huge gamble for the company that will pay the money out, Sony Music Entertainment. More>>

Recall woes show new challenges for 'Toyota Way'

Assembly lines that run like clockwork. Supplies that arrive just in time. Dedicated workers trained to spot defects, churning out quality cars in the millions. Such are the trademarks of "Toyota Way" manufacturing. More>>

Weather halts Alaska search for avalanche victim

Rain, low clouds and predicted high winds Sunday grounded searchers seeking the body of a ConocoPhillips Alaska employee missing and presumed dead in an avalanche that killed the head of the company. More>>

Kuwait's Zain said to sell Africa operations

Kuwaiti cell phone operator Zain has accepted an offer from Bharti Airtel Ltd. to sell most of its Africa businesses as it refocuses on its home market in the Middle East, the country's official news agency reported Sunday. More>>

Spanish government struggles with crisis message

Could Spain be the next Greece? The government bristles at the very thought, and points out its debt burden isn't nearly as heavy. More>>

Singapore tries luring foreigners as casino opens

Foreigners and a few Singaporeans streamed to card and dice tables and slot machines Sunday at 12:18 p.m. - the lucky minute when tightly controlled Singapore opened its first casino. More>>

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