Latest News

Carolina Financial Corporation ranked first out of 200 banks

Carolina Financial Corporation was recently topped the American Banker’s list of Top 200 Public Traded Community Banks and Thrifts.

Rosen Hagood partner elected president of legal group's Charleston chapter

Rosen Hagood said on Wednesday that attorney Richard Rosen, a managing partner in the firm, has been elected to serve as the new president of the Charleston Chapter of the American Board of Trial Advocates (ABOTA). Rosen has much experience as a litigation attorney. He focuses his practice on probate and business cases, as well as personal-injury litigation.

Elizabeth Burwell joins Wells Fargo business banking team in Charleston

Wells Fargo & Company recently announced that Elizabeth Wooten Burwell is the new business banking manager for the Wells Fargo Charleston, South Carolina, metro market.

Mixed-use WestEdge development aims to blend research, urban lifestyles

WestEdge -- Charleston, South Carolina's "Discovery District" -- was launched last week, and city officials hope the area will quickly become a global hub for research, as well as a means of driving the city's economic development. WestEdge, located along the Ashley River, features wide, urban avenues of homes, office spaces, research and lab spaces, storefronts, restaurants and sidewalk cafes, while at the same time boasting some of the most spectacular waterfront views in Charleston. Develo

Volvo's first U.S. plant to be built in Berkeley County, S.C.

Berkeley County, South Carolina, has been chosen as the site of the first American Volvo Cars factory, Volvo said on Monday. “This new global industrial footprint and a complete product renewal form the foundation for our growth and profitability targets,” Håkan Samuelsson, president and CEO of Volvo, said. Volvo will invest up to $500 million in the new plant, which will initially produce as many as 100,000 cars annually.

Charleston Mortgage Place aims to offer lowest interest rates officials recently announced the company's intention to offer customers the lowest possible interest rates. Charleston Mortgage Place offers flexible purchase loans and top equity refinance options. While not every customer will qualify for rock-bottom rates, company officials urge potential home buyers or those wishing to refinance to come and see about getting a free, no-obligation pre-qualification or pre-commitment.

Premier One website streamlines search for homes on market

Prospective home buyers in the Charleston area have a new tool at their fingertips., a real estate brokerage website offering current property search portals for customers in the Charleston area and South Carolina, recently unveiled an interactive property search map that shows buyers properties in different zones and offers information about travel and work connectivity, nearby schools and crime rates in specific areas.

Benefitfocus CFO to present at Jefferies TMT Conference

Benefitfocus Inc., a provider of cloud-based benefits software solutions for consumer, employers and insurance carriers, on Monday announced that its chief financial officer is scheduled to present at the Jefferies 2015 TMT Conference in Miami.

Coalition to rally for North Carolina highway funding bill

On May 13 at 2 p.m., representatives from a variety of business organizations, travel and tourism groups, public safety offices and local chambers of commerce will converge on the south steps of the North Carolina State House.

Innocutis, KBI successfully exit Ballast Point Ventures

KBI sold to consortium led by JSR Group and Cipher Pharmaceuticals acquires Innocutis

APM Terminals to sell Charleston stevedoring unit to SSA Cooper

APM Terminals announced today that it will sell its Charleston, S.C., stevedoring business to SSA Cooper in order to refocus on the company´s prime business.

Fertility treatment products company to be sold

Merriton Medical LLC will be sold due to owner and president Jill Sweazy having been diagnosed with a terminal illness, according to a report on Wednesday.

Charleston business alliance chief named a Top 50 developer

Charleston Regional Development Alliance (CRDA) President and CEO David Ginn has been named one of North America's top 50 economic developers by site-selection consultants in a recent survey by Consultant Connect, a networking program for economic developers and site selectors, the alliance said this week.

S.C. industrial market grows with manufacturing and export

Manufacturing employment is on the rise, but remains below pre-recession levels.

First Citizens Bank announces new regional leaders

Raleigh, North Carolina-based First Citizens Bank this week announced that four of its top executives will be taking on new leadership roles.

SCSBIT selects new risk control manager

Tim Hinson named to new position at South Carolina School Boards Insurance Trust

Lexington County School District 1 begins working on next year's budget

Lexington County School District 1 administrators presented a proposal for funding the district’s 2015–2016 general fund operating budget Wednesday at a special workshop for the district’s board of trustees. In the workshop, administrators recommended a $228,984,170 general fund operating budget, which is approximately a 3.9 percent increase over the district's current operating budget for 2014–2015.

Big changes ahead for Irmo Chamber of Commerce

The Greater Irmo (South Carolina) Chamber of Commerce is gearing up for big changes -- including a new president, a new locale and a new overall image.

South Carolina Realtors alerts members to changes in closing process

Changes are the result of adjustments in federal laws as part of Dodd-Frank Act.

Charleston newspaper supports proposed Isle of Palms plastic-bag ban

The Charleston Post and Courier published an editorial on Monday supporting a proposal before the Isle of Palms City Council seeking to ban most single-use plastic bags from island businesses.

Metro Business Network