Business

A growing PayPal could soon overshadow parent eBay

John Donahoe, eBay’s CEO, has said he expects PayPal to surpass the marketplaces business in revenue simply because PayPal targets all of electronic commerce while eBay is one of many online sales sites. Read More

East German industries thriving in West 20 years after wall falls

Many people feared it would take several decades for East to catch up with West after the wall collapsed on Nov. 9, 1989. But today, economic output of eastern Germans has surpassed 70 percent of that of western Germans — up from one third in 1991. Read More

Corporate giants like Nucor sitting on piles of cash

Nucor doesn't trust the government to reinvigorate the economy. “We’re keeping our powder dry,” says the steelmaker's CEO. Read More

Highway fatalities declining nationwide, even with motorist distractions

Texting while driving, which President Barack Obama has banned for federal employees, is clearly hazardous. But other driving distractions — like putting on make-up and road rage — are even more dangerous. At least that is the opinion of most of the 3,000 respondents to a survey by LeaseTrader.com, which manages auto lease transfers. Read More

Car Show Calendar

The 15th annual All Ford & Mustang Show, hosted by the Low Country Mustang Club, will be held at Carolina Ice Palace, 7665 Northwoods Blvd. Event hours are noon to 4 p.m. with check-in from 9 a.m. to noon. Read More

2010 Triumph Daytona 675

Top-notch manufacturing design, effort mark luxurious new sportbike

When great care and precise craftsmanship are used to create a product, the outcome can be special. Sportbikes, for the most part, have two primary strong suits, exhilarating design and exhilarating performance. As you will soon read, English motorcycle manufacturer Triumph did not subscribe to this way of thinking when they created the Daytona 675 sportbike. Similar to another English manufacturer, Triumph also added an element of quality and a touch of luxury. Read More

2010 Audi A3 Turbodiesel

New crossover exudes performance while boasting 40-plus miles per gallon fuel totals

Those maximum miles per hour figures that show up on a car speedometer — routinely 100, 150 even 200 mph — are essentially advertising ploys. They make the plodding family runabout seem fast and the sleek roadster appear even faster. But the gauge that tops out at 160 mph on the new Audi A3 turbodiesel is more than a generic marketing tool; it sends a message to buyers. Read More

Gamers prepare for battle

Big release set Tuesday for latest 'Call of Duty'

NEW YORK -- This holiday season's biggest entertainment blockbuster likely will be a sequel to a popular franchise, with jarring depictions of war and an intricate story of good versus evil. It could easily rake in more than last year's record $155 million opening weekend for "The Dark Knight." Read More

Walmart's latest foray: DVDs

Retail giant slashing prices on online preorders

NEW YORK -- First it was books. Now it's DVDs. Walmart started another price war Thursday, trimming the online preorder prices of some upcoming DVDs following its price cut on books last month. And, once again, competitors Amazon.com and Target scrambled to match the prices. Read More

Points of contact

Contractors and suppliers interested in pursuing work with Boeing's 787 assembly building in North Charleston are asked to contact Marion Kobusch, project support coordinator at BE&K's Greenville office. The phone number is 864-250-5011. The email address is BoeingSC@krb.com.... Read More

Small Georgia bank closed

WASHINGTON -- Regulators on Friday shut United Security Bank, a small bank in Georgia, bringing the number of bank failures this year to 116 amid the struggling economy and a cascade of defaults on loans. Read More

2 firms will build new Boeing plant

Companies also joined forces to construct 2 supplier factories

The same construction team that built the two original 787 supplier factories in North Charleston will take on Boeing Co.'s bigger expansion. The aerospace giant announced Friday that BE&K Building Group of Charlotte will link up with Turner Construction of New York to serve as the general contractor on the 584,000-square-foot aircraft assembly plant at Charleston International Airport. Read More

Business Briefs

Wall Street bullish despite job report Read More

Ally Bank drawing attention, depositors

NEW YORK -- Its TV and print advertisements poke fun at the bait-and-switch tactics of other banks. Its interest rates on certificates of deposit have been the most generous in the industry. Read More

Carolina Polo gets 30 day suspension for violations

Charleston tourism officials informed Carolina Polo and Carriage Co., the business previously convicted of four code violations, that they would suspend the company’s franchise agreement for 30 days. Read More