October 2019 Features

  • NCAA Opens Door to Student-athletes Making More

    October 31, 2019

    On Oct. 29, the NCAA Board of Governors voted to allow student-athletes to benefit financially from their name, image and likeness. The board has asked for rules to be in place by January 2021.

  • Small Business Wage Growth Gains Momentum, Job Growth Holds Steady in October

    October 31, 2019

    The tight labor market positively impacted wage growth in October, according to the latest Paychex | IHS Markit Small Business Employment Watch. Hourly earnings are on the rise, reaching 3.00 percent ($0.80) growth in October.

  • Nexsen Pruet Launches NP general counsel360

    October 30, 2019

    Nexsen Pruet, one of the most respected regional law firms in South Carolina, is reinforcing its commitment to providing innovative legal services solutions and broader access to holistic risk management with the launch of its NP general counsel360.

  • Dominion Energy Acquires Solar Project: One of the Largest Solar Arrays in South Carolina

    October 28, 2019

    Construction on the 72-megawatt solar facility has already begun on about 630 acres of land in Beaufort County, S.C. When it is completed, Seabrook Solar will be one of the largest solar arrays in the Palmetto State. The company's contracted generation business also owns and operates two facilities powered by the sun in Jasper County, S.C.

  • Nextra Solutions Grows, Welcomes New Director

    October 25, 2019

    Nextra Solutions, an end-to-end information management service provider, is proud to announce the addition of Angela O’Neal as Director. Skilled in the entire eDiscovery process, with nearly two decades of experience as a litigator and NCAA investigator, O’Neal will oversee a team of seasoned information management professionals.

  • South Carolina’s Record Employment Numbers Include Growth In Government Jobs

    October 24, 2019

    South Carolina continues to set employment records and while public-sector jobs are making a slow comeback from the Great Recession across the nation, government workers in the Palmetto State appear to be doing better.

  • Deloitte: Retailers Can Expect Jolly Holiday Shopping Season

    October 24, 2019

    For the 34th year, Deloitte commissioned a national survey of 4,410 consumers to better understand spending for the upcoming holiday season. Conducted online, Sept. 6-13, by an independent research company, the survey provides key insights into consumer behavior and what retailers can expect from shoppers as they tackle their holiday shopping.

  • S.C. Ports Growing Cargo, Enhancing Infrastructure in Big-ship Era

    October 22, 2019

    South Carolina Ports Authority President and CEO Jim Newsome has always had a vision for S.C. Ports, ensuring its best days are ahead. SCPA handled nearly 2.4 million twenty-foot equivalent container units (TEUs) in fiscal year 2019, up 8.8% from the year prior.

  • Facing Some Economic Uncertainty, US Executives Focus on Building Resiliency

    October 21, 2019

    US executives are taking action to futureproof their organizations amid economic, geopolitical and regulatory uncertainty. Supported by stable pipelines and deal-closing intentions, 83% of US executives say they expect the domestic M&A market to improve, though only 46% plan to actively pursue M&A in the next year, according to the EY 21st Capital Confidence Barometer (CCB).

  • SC Chamber Announces 2019 Excellence In Workplace Diversity and SC Branded Award Winners

    October 18, 2019

    The South Carolina Chamber of Commerce announced the winner of two award categories – the Excellence in Workplace Diversity Awards and the SC Branded Awards. These awards are given annually and the winners are honored at the Chamber’s Annual Summit, this year on November 20-21 at Wild Dunes Resort on Isle of Palms.

  • New Research Finds Public Investment in Trails, Walking and Biking Infrastructure Delivers Potential Economic Benefits of $138.5B Annually

    October 16, 2019

    Rails-to-Trails Conservancy released findings from "Active Transportation Transforms America," the nation's most comprehensive analysis of the quantifiable impact of trails, walking and biking on the places we live.

  • Porsche and Boeing to Partner on Premium Urban Air Mobility Market

    October 11, 2019

    Porsche and Boeing signed a Memorandum of Understanding to explore the premium urban air mobility market and the extension of urban traffic into airspace. With this partnership, both companies will leverage their unique market strengths and insights to study the future of premium personal urban air mobility vehicles.

  • SBA Small Business Lending Reflects Strong Economic Trends

    October 11, 2019

    The U.S. Small Business Administration announced FY19 lending numbers showing that it guaranteed over $28 billion to entrepreneurs that otherwise would not have access to capital to start, grow, or expand their small businesses.

  • SCPA Sees Strong Cargo Growth in September

    October 10, 2019

    SCPA handled nearly 195,000 twenty-foot equivalent container units (TEUs) at the Wando Welch and North Charleston container terminals in September, up 12.5% from a year ago. The Port has handled 638,600 TEUs in the first three months of fiscal year 2020, up 10% year-over-year.

  • Special Report: Economic Development Experts Laud South Carolina Incentives

    October 09, 2019

    Industry experts rank South Carolina No. 1 when it comes to economic development incentives, according to a recent survey. The Palmetto State led the “business incentive programs” category in Area Development magazine’s annual Top States for Doing Business rankings. Local economic development pros say ease of use is a big factor in South Carolina’s incentives program.

  • SC Chamber Announces 2019 Business Leader, Public Servant, and Sgt. William Jasper Freedom Award Winners

    October 04, 2019

    The South Carolina Chamber of Commerce announced the honorees for the 2019 Business Leader of the Year, Public Servant of the Year and the Sgt William Jasper Freedom Awards - Dr. Harris Pastides, Former President, University of South Carolina - Mr. Joseph Blanchard, President, Blanchard Machinery Company - The Honorable Lindsey Graham, U.S. Senator - South Carolina.

  • Exclusive Report: South Carolina Gas Tax Credit to Rise

    October 03, 2019

    South Carolina motorists will be eligible for a larger break on their gasoline taxes for 2019, based on figures released by the state Revenue and Fiscal Affairs Office. The credit will come out to 3.84 cents per gallon, compared to 1.902 cents per gallon during the 2018 tax year.

  • UofSC Research Partnerships Generating over $790M for the Palmetto State

    October 03, 2019

    When the University of South Carolina’s Office of Economic Engagement (OEE) first launched six years ago, its goal was to build relationships between researchers and industry partners. True to its mandate, the university has forged ties with global industry giants and is driving hundreds of millions of dollars into the state’s economy.

  • SC Parks, Recreation and Tourism Accepting Letters of Intent for Tourism Grant

    October 01, 2019

    The program assists non-profit organizations and communities with the development of publicly owned tourism products and attractions that will encourage visitation to South Carolina. The grant can help cover the implementation of existing plans or the expansion or enhancement of an existing tourism product.

  • U.S. Metro Areas Continue To Drive Nation's Economic Growth, Post Fifth Consecutive Year Of Increase

    October 01, 2019

    The U.S. Conference of Mayors (USCM) released its 18th annual report and forecast on U.S. Metro Economies, showing that cities and metro regions continue to be the engines of U.S. economic growth. In 2018, these areas were home to 85.9% of the nation's population and 91.1% of real gross domestic product (GDP). The influence and contribution of metro economies to U.S. economic growth increased for the fifth consecutive year.