Booming tech sector needs workers, infrastructure

Sparc CEO Eric Bowman and Charleston Digital Corridor Executive Director Ernest Andrade closed out the Power Breakfast this morning. (Photo/Kim McManus)The tech sector needs thousands more qualified workers over the next few years, and more training programs, affordable housing choices and better public transit options can help recruit, retain and grow a tech and entrepreneurial workforce, speakers said this morning at the Business Journal’s Power Breakfast.  Read More...

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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...

Ports Authority sees 8% cargo increase from fiscal 2013 to fiscal 2014

The Port of Charleston handled around 1.68 million 20-foot equivalent units in fiscal year 2014, up 8% from fiscal 2013. The ports authority attributed investments in infrastructure and port users’ growth to a strong fiscal 2014.  Read More...


Fashion Plate for July 24, 2014

Pronovias wedding gowns will now be available at The Gown Boutique of Charleston.The Gown Boutique of Charleston is adding Pronovias wedding dresses to its collection. To celebrate Pronovias’ first venture into South Carolina, Gown Boutique of Charleston is showcasing more than 30 of its dresses this weekend.  Read More...

Helping Out for July 23, 2014

carolina youth developmentFour representatives from Cummins Inc.’s Columbus, Ind.-based corporate responsibility team visited the Carolina Youth Development Center Bakker Career Center on July 18 to learn more about local Cummins employees’ involvement in Freedom Schools and Bakker Summer BizCamp programs at CYDC.  Read More...