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Business/ Real Estate
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Newer stories | Older stories John P. McDermott
Latest Business HeadlinesLatest HeadlinesExperiment goes to suburbiaThursday, Aug. 28, 2008WASHINGTON — Tom Albert drove his loaner Chevrolet Equinox like any other car. He took it to work during the week, picked up groceries, and loaded up the back with bags of soil at the garden store. When his infant son was fussy, Albert drove the newborn around the block to calm him down. Read story. Spring St. to become sneaker centralThursday, Aug. 28, 2008Two boutiques are slated to open on Spring Street in September. Gustavo and Andrea Serrano, the co-owners of King Street's B'zar, are launching Suite Sole, a storefront devoted almost entirely to sneakers. Read story. Focus on better economic climateThursday, Aug. 28, 2008Business leaders proposed everything from student loan repayments to public rail transportation to focusing on pre-school education as ways to improve the local economic climate. About 70 members of the business community gathered Wednesday for an annual "grassroots" meeting at the Charleston Metro Chamber of Commerce. Read story. Business BriefsThursday, Aug. 28, 2008Odessa files for protectionThursday, Aug. 28, 2008A Mount Pleasant firm that provides property management services to more than two dozen local homeowner associations has filed for bankruptcy protection after some of its real estate investments soured. Read story. Developers propose large industrial parksThursday, Aug. 28, 2008Not one but two heavy-hitting developers from Texas — and another from New York — are proposing to build large-scale industrial parks near Summerville. Read story. Americans' confidence in economy on riseWednesday, Aug. 27, 2008NEW YORK — Americans felt better about the economy in August as a barometer of sentiment posted the biggest rise in two years amid falling gas prices. Two reports suggested a bottom could be nearing for the housing market, but economists caution that it's too early to proclaim that the worst is over. Read story. Attracting jobs gets tougherWednesday, Aug. 27, 2008Colorado-based WellDyneRX liked what it saw in the Charleston economy. While scoping out potential sites for a $20 million, 670-worker business expansion to sort and mail medications, company officials said they were impressed with the local labor costs and the availability of skilled workers. Read story. Business BriefsWednesday, Aug. 27, 2008Wall Street ended mixed Tuesday as concerns about Hurricane Gustav boosted oil prices and offset a better-than-expected reading on consumer confidence. Read story. It's not a job, it's chocolateWednesday, Aug. 27, 2008NEW YORK — As a software developer who worked with NASA, Timothy Childs built vision-tracking systems for the space shuttle. Now the former techie has a new venture he says is out of this world: chocolate. As demand for premium chocolate soars, a new crop of high-tech confectioners are changing the industry with Silicon Valley-style innovation, imported German equipment and an obsession with the simple cocoa bean. Read story. Business BriefsTuesday, Aug. 26, 2008Stocks sank in thin trading Monday as worries about American International Group touched off broader concerns that financial firms will face more trouble. Read story. 2 Sweetgrass facilities placed under bankruptcy protectionTuesday, Aug. 26, 2008Two Mount Pleasant elder-care providers were placed under bankruptcy protection last week, after the company that controls them defaulted on a $58 million loan. The 38-bed Sweetgrass Court Memory Care Community on Anna Knapp Boulevard and the 85-bed Sweetgrass Village Assisted Living Community on Mathis Ferry Road remain open. Read story. Will economy be like a 'U' or an 'L'?Tuesday, Aug. 26, 2008Wall Street, meet Sesame Street. Bulls, bears and Nobel laureates are talking a lot about letters as they try to predict the shape of the charts that will describe the economy's downturn and recovery. Will this roller coaster follow the path of a "U," a stretched-out slump with a sharp upturn? Read story. Walkways to receive overhaulTuesday, Aug. 26, 2008Terminal-to-plane walkways at the Charleston International Airport will get a multimillion-dollar overhaul, thanks to a federal grant. Officials announced Monday that the Federal Aviation Administration awarded the Charleston County Aviation Authority a $2.6 million grant to improve its 10 passenger boarding bridges. Read story. MEMOSMonday, Aug. 25, 2008Newer stories | Older stories |
Business editor John P. McDermott has covered multiple business beats, with specialties in real estate and economic development, since he joined The Post and Courier staff in 1993. He is a graduate of the University of Hawaii and previously worked for the San Diego Union, the Honolulu Advertiser, Pacific Business News and the Washington (D.C.) Business Journal. He can be reached at 843-937-5572 or 
