Charleston Business News
BUSINESS NEWS
South Carolina Manufacturers Alliance Unveils Vision for 2025
News Summary The South Carolina Manufacturers Alliance has detailed an ambitious agenda aimed at enhancing the state’s manufacturing sector through innovation, job growth, and legislative initiatives. With a focus on...
South Carolina Recognizes 20 Innovative Startups
News Summary South Carolina has recognized 20 groundbreaking startups as part of an initiative to celebrate new entrepreneurial ventures in the state. These businesses, launched within the last five years,...
South Carolina to Build First Dedicated Cancer Hospital
News Summary South Carolina will establish its first dedicated cancer hospital in Charleston, announced by MUSC. This facility aims to improve access to advanced cancer care, including surgeries and clinical...
University of South Carolina Dominates IMBA Rankings
News Summary The University of South Carolina (USC) has been recognized as the leading school for International MBA (IMBA) programs in the United States for the 11th straight year, as...
Local Business Owner Receives Statewide Recognition
News Summary Michael Haldeman, owner of SpokeWorks Bicycle Workshop in Summerville, has been honored as South Carolina’s State Small Business Person of the Year. This award highlights his business growth,...
Tim Pearson Takes Charge at Duke Energy in South Carolina
News Summary Tim Pearson has been appointed as the state president of Duke Energy’s utility operations in South Carolina. With a focus on financial performance and community relations, Pearson aims...
South Carolina’s Labor Participation Rate Remains Stagnant
News Summary South Carolina’s labor participation rate stands at 57.5%, only marginally above its all-time low. Despite claims of economic growth in major metropolitan areas, the state’s participation rate lags...
Charleston City Council Delays Decision on Rezoning Request
News Summary The Charleston City Council has postponed a ruling on the rezoning request for 126 Romney Street, where plans for a parking lot to serve a nearby vacant building...
Callie’s Hot Little Biscuit Recognized for Branding Excellence
News Summary Charleston’s Callie’s Hot Little Biscuit has been named the top independent business for branding in South Carolina by Piktochart. The survey, which polled over 3,000 customers, highlighted Callie’s...
FINANCE
Berkadia Commercial Mortgage Leases Office Space in Charleston
News Summary Berkadia Commercial Mortgage has finalized a lease for 2,625 square feet at 121 Calhoun Street, achieving full occupancy for the property. This prime location is expected to boost...
The Southern Bank Appoints Ryan Benton as EVP
News Summary The Southern Bank in Charleston has appointed Ryan Benton as the new Executive Vice President. This leadership change follows M.J. Huggins III becoming CEO, marking a new era...
Charleston County Advances Affordable Housing Initiative
News Summary Charleston County has initiated a Local Housing Trust Fund with an $8 million budget to address the affordable housing crisis in the region. This revolving loan program will...
Pensievision Selected for Prestigious Luminate NY Accelerator
News Summary Pensievision, a Charleston-based startup, has been selected to join the Luminate NY accelerator, being one of only 10 firms chosen globally. This program will bolster their innovative work...
BELAY Acquires Accountfully to Expand Outsourced Accounting in Charleston
News Summary BELAY, an Atlanta-based staffing company, has acquired local accounting firm Accountfully, enhancing outsourced accounting services for small and mid-sized businesses in Charleston. Founded in 2012, Accountfully is known...
Charleston County Paves the Way for More Affordable Housing
News Summary Charleston County has approved a $30 million sale of county-owned properties on Morrison Drive to develop affordable housing units. This unanimous decision marks a significant step in addressing...
New Financial Firm Launches in Downtown Charleston
News Summary Hudnall Capital Advisors has opened in downtown Charleston, offering a wide range of financial services including investment management, estate planning, and tax mitigation. Founded by local entrepreneur Ry...
Self-Help Credit Union Appoints New Regional Manager in Charleston
News Summary Self-Help Credit Union announces Rebecca Walker as the new regional manager for Charleston. With extensive experience in finance and community engagement, she aims to improve financial services access....
Navigating the Charleston Housing Market: A Guide for First-Time Buyers
News Summary As the Charleston housing market becomes increasingly competitive, first-time buyers face challenges due to rising prices and low supply. This guide offers insights on the local market, highlights...
CONSTRUCTION
South Carolina Recognizes 20 Innovative Startups
News Summary South Carolina has recognized 20 groundbreaking startups as part of an initiative to celebrate new entrepreneurial ventures in the state. These businesses, launched within the last five years,...
Local Business Owner Receives Statewide Recognition
News Summary Michael Haldeman, owner of SpokeWorks Bicycle Workshop in Summerville, has been honored as South Carolina’s State Small Business Person of the Year. This award highlights his business growth,...
Tim Pearson Takes Charge at Duke Energy in South Carolina
News Summary Tim Pearson has been appointed as the state president of Duke Energy’s utility operations in South Carolina. With a focus on financial performance and community relations, Pearson aims...
South Carolina Celebrates 20 Innovative Startups
News Summary South Carolina has been recognized for its thriving entrepreneurial scene, highlighting 20 outstanding startups in various sectors. The acknowledgment aims to inspire local entrepreneurs and celebrate innovation. An...
Restoration Efforts Continue in the Carolinas Post-Hurricane Helene
News Summary Over 21,000 Duke Energy workers are tirelessly restoring power across North and South Carolina after Hurricane Helene caused extensive damage. Many areas remain without power, with significant flooding...
South Carolina Honors Local Business Owner for Excellence
News Summary Michael Haldeman, owner of SpokeWorks Bicycle Workshop in Summerville, has been recognized as South Carolina’s Small Business Person of the Year by the U.S. Small Business Administration. His...
Charleston County Launches Grant Program for Affordable Housing
News Summary Charleston County has initiated a new application cycle for its Affordable Housing Land Acquisition Grant Program, allocating an additional $1.4 million to mitigate the growing housing crisis. The...
South Carolina Named Fastest-Growing State in the U.S.
News Summary South Carolina has been recognized as the fastest-growing state in the United States for 2024, according to U-Haul’s Growth Index. This marks a significant leap, moving up three...
University of South Carolina Leads in Graduate Program Rankings
News Summary The University of South Carolina’s International MBA program has been ranked the top graduate program in the U.S. for the 11th consecutive year, highlighting USC’s commitment to academic...
MARKETING
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REAL ESTATE
South Carolina Recognizes 20 Innovative Startups
News Summary South Carolina has recognized 20 groundbreaking startups as part of an initiative to celebrate new entrepreneurial ventures in the state. These businesses, launched within the last five years,...
Local Business Owner Receives Statewide Recognition
News Summary Michael Haldeman, owner of SpokeWorks Bicycle Workshop in Summerville, has been honored as South Carolina’s State Small Business Person of the Year. This award highlights his business growth,...
Charleston City Council Delays Decision on Rezoning Request
News Summary The Charleston City Council has postponed a ruling on the rezoning request for 126 Romney Street, where plans for a parking lot to serve a nearby vacant building...
South Carolina Celebrates 20 Innovative Startups
News Summary South Carolina has been recognized for its thriving entrepreneurial scene, highlighting 20 outstanding startups in various sectors. The acknowledgment aims to inspire local entrepreneurs and celebrate innovation. An...
South Carolina Honors Local Business Owner for Excellence
News Summary Michael Haldeman, owner of SpokeWorks Bicycle Workshop in Summerville, has been recognized as South Carolina’s Small Business Person of the Year by the U.S. Small Business Administration. His...
Chisolm-Alston House Hits the Market in Charleston
News Summary The historic Chisolm-Alston House, a prime example of Greek Revival architecture, is now for sale in Charleston’s prestigious South of Broad neighborhood. Built in 1834, this stunning property...
Charleston County Launches Grant Program for Affordable Housing
News Summary Charleston County has initiated a new application cycle for its Affordable Housing Land Acquisition Grant Program, allocating an additional $1.4 million to mitigate the growing housing crisis. The...
South Carolina Named Fastest-Growing State in the U.S.
News Summary South Carolina has been recognized as the fastest-growing state in the United States for 2024, according to U-Haul’s Growth Index. This marks a significant leap, moving up three...
Commercial Real Estate Prices Drop in Lowcountry
News Summary In the first quarter of 2025, the Lowcountry experienced a significant decrease in commercial real estate prices, prompting businesses to shift their leasing preferences to areas such as...
