Features
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Gov. Henry McMaster, CMS Administrator Verma Announce Launch of Healthy Connections Community Engagement Initiative
December 13, 2019
Governor Henry McMaster was joined by Centers for Medicare & Medicaid Services (CMS) Administrator Seema Verma, S.C. Department of Health and Human Services (SCDHHS) Director Joshua D. Baker, and stakeholders from around South Carolina to announce that CMS has approved South Carolina’s application to add community engagement requirements for qualifying Medicaid members.
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Exclusive: Economist Says U.S. Has ‘Less Room for Error’ in 2020
December 10, 2019
As the U.S. economic expansion continues its unprecedented length, there are mixed indicators of its health heading into 2020. Is a recession imminent?
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The South Carolina Wildlife Federation Announces Spring 2020 Dates for Conservation Dinner Series: Forks, Knives, & Spoonbills
December 10, 2019
The South Carolina Wildlife Federation (SCWF) is expanding their event “Forks Knives, and Spoonbills: A Dinner Celebrating Conservation” by hosting three dinners in the spring of 2020.
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Exclusive: USC President Outlines Construction Projects, Research Opportunities
December 09, 2019
USC President Robert Caslen outlined millions of dollars in upcoming construction spending – as well as ideas how the school can bring in millions in research dollars – in a keynote speech at the school’s recent Economic Outlook Conference.
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Executive Management Firm 98 Ventures Adding 150 Positions in SC
December 06, 2019
To accommodate this expansion and be positioned for future growth, 98 Ventures will relocate to the Poe West development in the Village of West Greenville in January of 2020, allowing the company and its affiliates to continue to provide clients with a high level of service. The company’s expansion includes a more than $600,000 building renovation investment.
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Exclusive: South Carolina Economy Expected to Continue Slow, Steady Growth
December 05, 2019
The 39th annual Economic Outlook Conference, held Tuesday at the school’s alumni center, featured economists from the Darla Moore School of Business. USC President Robert Caslen and Wells Fargo economist Sarah House also spoke.
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Small Business Wage Growth Hits New High, Job Growth Consistent in November
December 05, 2019
The tight labor market continues to positively impact wage growth, according to the latest Paychex | IHS Markit Small Business Employment Watch. Hourly earnings grew 3.11 percent among employees of small businesses, the highest level since reporting began in 2011.
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Kansas City ‘Tax Truce’ not a Match for Charlotte
December 04, 2019
South Carolina CEO spoke with multiple officials involved in economic development, both on and off the record. They said that while companies have moved from county to county or state to state around the Charlotte region, it’s typically due to business growth and the need for new facilities.
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SC Ports Awards Grants to Nonprofits, Organizations
December 02, 2019
The program provides grants to organizations in regions where S.C. Ports operates with the goal of positively impacting maritime commerce, economic development, environmental awareness, community outreach, education and workforce development efforts.
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SC Unemployment Rate Remains at All Time Low
November 21, 2019
The monthly survey of households across the state estimated the number of South Carolinians working moved substantially higher, establishing a new record of 2,318,762.
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Clemson MBA Program Launches Innovation-centric Podcast or 'Pawdcast'
November 19, 2019
10 episodes have been released featuring in-depth interviews with innovators including Leslie Schall, the human resources director of Michelin North America; Clemson MBA alumnus Richard Morris, a director of manufacturing at a major aerospace company in Southern California; Dr. Meredith Rosenthal, director of Harvard’s Advanced Leadership Initiative; and more.
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Exclusive: Demand for Warehouse Space Strong across South Carolina
November 18, 2019
Recent quarterly reports from real estate firm Colliers International indicate a need for warehouse and distribution facilities. This more or less reflects trends that are being seen nationally.
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Greater Women’s Business Council Recognizes 10 Companies Committed to the Advancement of Women-Owned Businesses at 2019 LACE Awards
November 15, 2019
The Greater Women’s Business Council (GWBC), the largest provider of certification and development resources for women business enterprises (WBEs) in Georgia, South Carolina and North Carolina, hosted its annual LACE (Ladies Achieving Continuous Excellence) Awards Gala on Nov. 8 at the St. Regis hotel in Atlanta.
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What's the Value of Landing a Portion of the NCAA Mens Basketball Tourney in South Carolina?
November 08, 2019
The March Madness weekend created an estimated $11.3 million direct impact on the Midlands, based on research conducted by Dr. Tom Regan, graduate director with the University of South Carolina College of Hospitality, Retail and Sport Management. Pre-event estimates had anticipated a $9 million impact.
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Clemson Faculty Earn Key Funds for Technology Development and Commercialization
November 07, 2019
“The program has repeatedly demonstrated that targeted, strategic investments can have a significant impact on the probability of commercial licensing, industry collaboration or follow-on research dollars. Congratulations to the recipients for their dedication to academic research and for the innovative contributions they have made to the Clemson University research enterprise.”
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New Fujifilm Technology at Clemson University's Sonoco Institute Advances Learning, Prepares Students for Industry Needs
November 06, 2019
Haley Appleby, packaging science lecturer, Clemson University; Chip Tonkin, chair of graphic communications and director of the Sonoco Institute, Clemson University; Steve Bennett, Vice President of packaging solutions, Fujifilm Graphic Systems; Tony Aquino, regional sales manager, Fujifilm Graphic Systems.
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For S&P 500 CEOs, Stock Awards Now Comprise More Than 50% of Total Compensation
November 06, 2019
A new report reveals that stock awards, which include restricted stock and performance-based shares, represented a record portion of CEO compensation in 2018. For S&P 500 CEOs, stock awards alone exceeded 50 percent for the first time. Moreover, they climbed to a record of nearly 40 percent for those in the Russell 3000.
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South Carolina First Lady Peggy McMaster Presents Tourism Scholarships to College Students
November 04, 2019
First Lady Peggy McMaster presented nine college students with South Carolina Governor’s Tourism Student Awards Wednesday during a ceremony at the Lace House in Columbia. The students were recognized for outstanding academic achievement in their culinary, hospitality and tourism studies.
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SC Chamber CEO Ted Pitts: Renters, Businesses Also Hit Hard by SC’s Flawed Property Tax Laws
November 01, 2019
The S.C. Chamber is working with the South Carolina Realtors on a data-driven study that looks at the state’s broken property tax system and ways to improve it.
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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.
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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.
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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.
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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.
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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.
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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.