News


Boeing delivers 31 Dreamliners in Q3

Boeing delivered 31 Dreamliners during the third quarter. Kenya Airways took delivery of its sixth 787 Dreamliner on Sunday from Boeing South Carolina in North Charleston. (Photo/Liz Segrist)Boeing has delivered 79 Dreamliners thus far in 2014, Boeing CEO Jim McNerney said during the company’s third quarter earnings call. McNerney said the 787 program has challenges as it increases 787 rates, integrates 787-9 production and prepares for 787-10 assembly.  Read More...


NewBridge Bank planning first Charleston branch on Daniel Island

Daniel Vroon (Photo/NewBridge Bank)North Carolina-based NewBridge Bank opened its first loan production office on Daniel Island and is renovating a space that will be a full-service branch in early 2015. The branch will be led by Daniel S. Vroon.  Read More...


Sens. Campbell, Grooms advocate for statewide gas tax increase

Sen. Paul Campbell says he wants the S.C. Legislature to approve a 10-cent gas tax increase this year. (Photo/Liz Segrist)Sen. Larry Grooms says he wants to increase the state gas tax by 20 cents over the next decade. (Photo/Liz Segrist) Sen. Paul Campbell wants a 10-cent gas tax increase this year and Sen. Larry Grooms wants a 20-cent increase over the next decade. The S.C. Department of Transportation has a $1.5 billion gap annually in its funding needs to repair and maintain roads, bridges and highways around the state.  Read More...


CRDA to cut 25% of staff in wake of funding cuts from tri-county governments

The Charleston Regional Development Alliance has been depleting its $650,000 operating reserve savings account at a rate of about $50,000 per month since July. The board’s finance and executive committees agreed last week that the alliance should use no more than 50% of its operating reserves this fiscal year.  Read More...