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Business/Finance
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Newer stories | Older stories Peter Hull
Latest Business HeadlinesLatest HeadlinesThefts of recyclables on rise in slowing economySunday, July 20, 2008With prices for aluminum, cardboard and newsprint going up, curbside refuse has become a hot commodity. Governments are staring to crack down. Read story. Analysis: Washington running out of economic optionsSunday, July 20, 2008The nation’s leaders are running out of answers to America’s economic crisis. The Federal Reserve has no more practical room to push interest rates lower; there’s only so much taxpayer money for shoring up housing, and if depositors lose confidence there’s little officials can do to stop a run on banks. Read story. Slow economy chokes growth of open-air retail venuesSunday, July 20, 2008Known as lifestyle centers, the properties offer small parks, fountains and cafes amid name-brand retailers selling fashion apparel, housewares and other discretionary fare. Developers raced to add new ones as they became popular with shoppers. But now, with the economy slumping and shoppers spending less, retailers that had flocked to the centers — like Chico’s FAS Inc., AnnTaylor Stores Corp. and Talbots Inc. — have begun canceling expansion plans and even shutting stores. Read story. Foreclosure feverSunday, July 20, 2008Fewer homeowners are able to keep up with loan payments on their properties, leading to higher-than-ever foreclosure rates across the Charleston area. Foreclosures in the region hovered around recent records during the second quarter as lenders filed a total of 871 foreclosure lawsuits against property owners, an analysis by The Post and Courier has found. Read story. Big Three turn to Asian countries for hybrid batteriesSaturday, July 19, 2008The future of the U.S. auto industry resembles a box of parts for hybrids, plug-in electrics and fuel cells, which promise to slash oil demand and provide jobs for another century. But that box comes with a familiar disclaimer: Batteries not included. As Detroit's automakers rush to develo... Read story. Auto shopping, insuredSaturday, July 19, 2008Known for its insurance for the military and their families, San Antonio-based USAA is branching into a new field: helping customers finance and purchase cars. The Online Auto Loan and Car Buying Service will save members an average $1,600 of the manufacturer's suggested retail price, the company... Read story. Berkeley County hires Butler to help recruit industry, new jobsSaturday, July 19, 2008A Charleston native is returning to the Lowcountry to help attract new industry and new jobs to Berkeley County. Gene Butler, 62, will take over as economic development director Aug. 18. He replaces John Scarborough, who abruptly resigned from the job earlier this year after sparring with county Supervisor Dan Davis. Read story. Car showsSaturday, July 19, 2008Today --Southern Mustang and Ford Club, in conjunction with Hooters of North Charleston, will host a car show in the 2008 Summer Sizzler Series. The show will be at Hooters restaurant near Northwoods Mall in North Charleston. Registration, which begins at 11 a.m., is $10 a vehicle. Read story. Business BriefsSaturday, July 19, 2008Wall Street closed out an impressive week with a mixed performance Friday after disappointing tech earnings punctured enthusiasm over better-than-expected bank earnings. Read story. Irritability Index going up over oilSaturday, July 19, 2008Eight months ago, this columnist recorded Spaulding's Irritability Index for the first time. The gist of the article was this nation's failure to address measures to relieve our affinity to foreign petroleum. These included 1) The failure to drill for oil in our own country's oil fields. Read story. Grand Strand puts pedal downSaturday, July 19, 2008Grand Strand puts pedal down The Myrtle Beach area, which relies on drivers to boost its tourism business, is trying a new tack to combat high fuel costs: gas incentive vacation deals. Read story. Technically, state jobless rate dipsSaturday, July 19, 2008Though unemployment dropped in just three counties statewide, and very slightly at that, South Carolina's overall jobless rate still improved in June. That's because, unlike the county rates, the state rate is adjusted for seasonal factors by taking account of predictable labor trends, such as public school recesses or temporary holiday payrolls. Read story. Students gain street smarts at local safe-driving courseSaturday, July 19, 2008Try this some time. Ring a colleague on your mobile, then chat with the device in one hand while the other guides a sport utility vehicle through a twisting road course. Rebecca Pogorzelski did just that July 12 at the Tire Rack Street Survival School in North Charleston. Read story. 2 key Lowcountry jobs filledSaturday, July 19, 2008With attendance at Patriots Point down 20 percent over the past five years, the board that runs the state-run tourist attraction said Friday that it hired a seasoned turnaround expert from inside the visitor industry. And Dick Trammell wants you to know this: "There's more to Patriots Point than just those ships." Read story. Layoff makes nearly new Jeep a gas burdenSaturday, July 19, 2008Q This will probably seem like a really stupid question, but I need professional advice. I own a one-year-old Jeep in perfect condition, which I purchased for my job. I was laid off from said job, and now I own a gas-guzzling, really nice-looking Jeep Grand Cherokee that is too big and too expensive for me to drive, especially since I no longer have a job. Read story. Newer stories | Older stories |
Peter Hull, a native of Brighton, England, holds a master's degree in humanities from Old Dominion University in Virginia and a degree in mechanical engineering from Croydon College in London. He moved to the United States in 1999 and has since worked for The Island Packet (Hilton Head Island), Inside Business (Norfolk, Va.), and The Daily Press (Newport News, Va.). He covers banking and finance.
