Recent Articles from Staff Report
Interest rate for legal judgments holds steady at 7.25%
After years of dropping in response to plummeting interest rates across the country, the interest rate on money decrees and judgments in South Carolina will remain unchanged in 2022, the state’s Supreme Court announced on Jan. 6. South Carolina has its own unique formula for calculating post-judgment interest — the rate of interest that accrues from the day […]
Residential developments expand into Ravenel
This story was originally published in the Oct. 4, 2021 edition of the Charleston Regional Business Journal. A second planned unit development has been pitched for Ravenel, the rural town of 2,700 residents, showing signs that progress is now pushing outward from West Ashley. Residents are concerned the movement could fundamentally change the rural nature […]
$600,000 verdict against Ports Authority upheld
The S.C. Court of Appeals has unanimously affirmed a $600,000 award to a trucker injured by a S.C. Ports Authority crane operator, finding no evidence that the trucker breached a duty of care in an incident that left him with neck and back injuries. Curtis Mills was offloading a cargo container on the Port Authority’s […]
Mount Pleasant law firm negotiates $809.5M settlement for Twitter shareholders
Twitter has agreed to pay $809.5 million to settle a consolidated class action lawsuit alleging that the company misled investors about how much its user base was growing and how much users interacted with its platform. Mount Pleasant-based law firm Motley Rice negotiated the settlement resolving the litigation, filed in federal court in the Northern District of California, [&[...]
Organizational expert urges leaders to care for culture
Patrick Lencioni shared his thoughts on leadership, teamwork and the value of building healthy organizational cultures in the August episode of the 21st Century Business Forum. The monthly webcast features one-on-one interviews with some of the nation’s most prominent business minds and thought leaders, brought to you by SC Biz News, the Charleston Regional Business Journal and [&h[...]
ECPI receives top ranking from Military Times
ECPI University has received a top ranking from the Military Times for the third-consecutive year, the university said in a news release. ECPI University, which has a campus in North Charleston, ranked No. 1 among the best colleges and universities for veterans and military service members in the career and technical college category. The university also r[...]
Harris Teeter expanding Lowcountry fuel centers
Harris Teeter fuel centers are expanding throughout the Lowcountry, with its newest Rivertowne Fuel Center in Mount Pleasant. Customers can receive $.20 off per gallon during opening week, which is anticipated to be July 28 through Aug. 3. Beyond the inaugural week, Harris Teeter customers will receive $.03 off per gallon with the company’s membership card. Harris […]
Helping Out for June 30, 2021
Helping Out highlights some of the many charitable events and activities going on in the Charleston area. Submit your news using our online form. Our Lady of Mercy Community Outreach and Sea Island Habitat for Humanity have partnered to complete critical home repair projects across the Sea Islands and beyond. This partnership will allow Sea Island Habitat […]
Helping Out for June 16, 2021
Helping Out for June 16, 2021 Helping Out highlights some of the many charitable events and activities going on in the Charleston area. Submit your news using our online form.
Women find entrepreneurial traction despite ‘statistic’
By Teri Errico Griffis and Molly Hulsey Margaret Godowns had no idea how bored she was in her job until she left last spring and started her own company. Her role as a project manager at a Charleston technology company offered great benefits, flexibility and stability in an unpredictable time, but the pandemic accelerated a […]
Marine-focused company invests $3.7 million in Mount Pleasant expansion
A marine signage manufacturing and installation company from the Netherlands is expanding its operations in Charleston County with a $3.7 million investment, that could add 43 jobs to the region. Bourne Group will base its headquarters in Mount Pleasant at 301 Ports Authority Drive, relocating from its previous space in North Charleston’s Navy Yard, a Charleston County […]
Hot Properties for May 3, 2021
Hot Properties highlights recently sold or leased commercial properties in the Charleston region. Send in your transactions using our online form. Craig Massey, John Odom, CCIM, and James McKay of Avison Young – Charleston represented the tenant, The Whale CHS LLC, in the lease of 1,403 square feet of retail space at 1640 Meeting St., […]