Board wants CofC to become research institution

The College of Charleston’s board of trustees approved a new mission statement and resolution last week on the status of the University of Charleston, South Carolina. (Photo Ashley Barker)The College of Charleston’s board of trustees approved a new mission statement and resolution last week on the status of the University of Charleston, South Carolina. The new statement essentially ends talks of a merger with the Medical University of South Carolina.  Read More...

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Phoenix-based tech company nFocus opens location in Charleston

NFocus Solutions of Phoenix collects and analyzes data for nonprofits and government agencies. (Photo/Provided)NFocus Solutions has opened a branch office in the Charleston Digital Corridor’s Flagship business accelerator in downtown Charleston. The software company collects and analyzes data for nonprofits and government agencies. It plans to add to its staff within a year.  Read More...

Charleston police threatening Uber drivers with fines, jail time

City spokeswoman Barbara Vaughn said drivers for ride-share companies that use smartphone apps and don’t have taxi or limousine licenses could be issued a fine of up to $1,097 and sent to jail for 30 days. Uber began operating in Charleston and three other S.C. cities on July 10.  Read More...

Boeing reports reduction in traveled work for 787 program

Boeing executives reported that traveled work for the 787 program has decreased by 33% from this time last quarter. Boeing is on track to delivery 110 787s in 2014. It has delivered 48 thus far this year. Boeing reported $22 billion in second quarter revenue.  Read More...

CresCom Bank parent company’s income down year over year for first half

Carolina Financial Corp.’s net income during the first half of 2014 was nearly $6 million less than what it reported in the same time frame last year. The corporation is the parent company of Charleston-based CresCom Bank, which also owns Atlanta-based Crescent Mortgage Co. Read More...


On the Menu for July 29, 2014

Aaron Siegel, Taylor Garrigan and Madison Ruckel of Fiery Ron’s Home Team BBQ have been invited to participate in the 2014 Meatopia U.K. Food Festival on Sept. 6-7.Aaron Siegel, Taylor Garrigan and Madison Ruckel of Fiery Ron’s Home Team BBQ have been invited to participate in the 2014 Meatopia U.K. Food Festival on Sept. 6-7 in London.  Read More...

Hot Properties for July 28, 2014

Edward Robinson of The Beach Co. – Beach Commercial represented the landlord, John Gibson Co. Inc., in the lease of retail space at 183 King St., Suite B, in Charleston to ibu LLC. Jennifer Davis of Domicile Real Estate Brokerage represented the tenant.  Read More...