Monday, December 8, 2008

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State budget crisis dims hope for runway extension

A few thousand feet of runway would go a long way around here. Extending the two Air Force-owned strips at Charleston International Airport could lure foreign flights, plus all the tourist dollars they carry on board, supporters say. A longer runway system also could attract new aerospace businesses to expand on the aviation "cluster" launched at the airport by Vought Aircraft Industries Inc. and Global Aeronautica. And it could ensure the region's role as a strategic military-transport hub.

Whole market a better bet for long-term investors

John C. "Jack" Bogle, founder of The Vanguard Group Inc., is 79, and has seen 10 bear markets in more than five decades in the investment business. So is he questioning his fundamental beliefs amid a U.S. recession that was officially declared last Monday and has erased trillions of dollars in stock market value?

Crooks on the prowl for holiday shoppers

Holiday shopping has begun and everyone is out looking for a steal. And that includes criminals.

Burger Shack business soaring

For 35 years, McClellanville residents and visitors dined at The Crab Pot, 10024 U.S. Highway 17, just south of the blinking light.

Executive Items

William Berry has been promoted to executive vice president and director of consumer lending at First Citizens Bank & Trust Co. Inc. He previously was senior vice president and director of credit review. He has a bachelor's degree in financial management from Clemson University.










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