Thursday, December 18, 2008

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Port to offer 5% carrier discount

The State Ports Authority on Wednesday announced an across-the-board rate discount for the Port of Charleston's container carrier customers. For the first three months of next year, the SPA will reduce its contract unit fees, which is what the agency charges per container moving across the pier, by 5 percent.

Horseshoe lucky for area

An odd-looking sea critter that's a familiar sight on Lowcountry beaches is doing its part to shore up the local economy. A biotechnology firm that uses the blood from horseshoe crabs to help drug makers test the safety of injectable medicines and other products said Wednesday that it will increase the size of its Charleston operations by 60 employees over the next five years.

'This is beautiful,' mortgage broker says of rate cut

Tony Jabon had an e-mail in to his mortgage broker by 10 a.m. The 35-year-old environmental consultant in Charlotte had heard about the Federal Reserve's decision to cut its key interest rate to nearly zero and wanted to refinance to something lower than 5.5 percent.

Mukasey recuses himself because his son represents key official in investment firm

WASHINGTON â€" The fraud investigation of Wall Street money manager Bernard Madoff took unusual twists Wednesday as the U.S. attorney general removed himself and the Securities and Exchange Commission looked into the relationship between Madoff's niece and a former SEC attorney who reviewed Madoff's business.

Retailers go to Web to keep market foothold

It's closing time for another local business. Global Awakening, the King Street shop that sells handicrafts and fair trade merchandise, will shut its doors in January.










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