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BIS in brief: FDIC gives approval on bank merger

FDIC gives approval on bank merger

Banking on change: Tech startups target financial services

It may not be much longer before bank branches join video-rental stores and record shops as relics of a bygone era. Silicon Valley is pressuring banks to change their ways or risk becoming the latest industry overtaken by technology.

Robinhood, a fintech firm based in Palo Alto, Calif., was co-founded by Vlad Tenev (left) and Baiju Bhatt. Robinhood is a stock brokerage that does not charge any commissions for its more than one million customers to buy and sell shares. “During the next 10 years, we are going to create an international company that will be like nothing the financial services industry has ever seen,” Bhatt says. (AP Photo/Ben Margot)

Ken Boyd named new executive director at CCDS

Ken Boyd has big plans for the Coastal Center for Developmental Services.

Boyd

Cumberland Island property split approved

A family’s plan to build a residential compound on private land within Cumberland Island National Seashore is moving forward.

Sea Camp at Cumberland Island National Seashore is about a quarter mile from the 88-acre parcel that owners want to split into 10 lots. (Photo courtesy National Park Service)

Technology awards honor Savannah companies

The Technology Association of Georgia held its annual Business Technology Awards Thursday night at the Coastal Georgia center. The awards covered companies based in Chatham, Liberty, Bulloch, Bryan, Jasper, McIntosh and Glynn counties. All of the winners are Chatham County-based companies.

Photo special to the Savannah Morning News - Casey Herrington, Program Director Technology Association of Georgia Savannah, Martina Kolovich, Micro C Board Member and Tino Mantella, outgoing TAG President.

Coca-Cola names Quincey as next CEO, Kent stays as chairman

NEW YORK — Coca-Cola CEO Muhtar Kent will step down from that role next year and be succeeded by the company’s No. 2 executive, Chief Operating Officer James Quincey, the company announced Friday.

OWENS: Can maintaining facilities help lower crime?

When I talk about the perks of working in hospitality and tourism, I never miss the opportunity to talk about one of my favorite ones: a beautiful working environment.

GOP lawmakers kill truck safety rules

The trucking industry scored a victory this week when Republican lawmakers effectively blocked Obama administration safety rules aimed at keeping tired truckers off the highway. But there’s more coming down the road.

Portside: ILA, employers will meet informally in February for preliminary contract talks.

Representatives of both labor and management at ports along the East and Gulf coasts have indicated they will meet early next year for “informal talks” ahead of formal contract negotiations.

Truck driver killed at port identified

The truck driver killed in an accident at Georgia Ports’ Mason rail yard at Garden City Terminal Tuesday morning has been identified as 61-year-old David L. Beaver of Talahi Island in Savannah.

Hyundai recalls minivans; hoods can fly open while moving

Hyundai is recalling more than 41,000 older minivans because the hoods can fly open while they’re being driven.

Kessler breaks ground for $270 million Plant Riverside District

On Wednesday, hotelier Richard Kessler alongside local government and business leaders and dozens of others who have been involved in the project, broke ground for his $270 million, 670,000 square-foot development, The Plant Riverside District on the west end of River Street.

Attendants make their way passed the old Savannah Electric plant on the west end of River Street that Kessler broke ground on Wednesday afternoon. (Josh Galemore/Savannah Morning News)

SBAC honors Back in the Day Bakery

Griffith and Cheryl Day opened the doors of their family bakery nearly 15 years ago, but it didn’t take Back in the Day Bakery much time at all to become a household name.

Robertson: Small businesses can learn from holiday marketing

Does Black Friday still have an impact on consumer spending? Traditionally, the day after Thanksgiving was viewed as Black Friday and considered the official first day of the holiday shopping season. In recent years, however, Black Friday has morphed into something else and caused some to question its relevance.

Richmond Hill running store named one of 50 best in USA

Local running store, Georgia Game Changers Running Company, has been named one of the 50 Best Running Stores in America by Competitor Magazine.

Jamie Parker/Bryan County Now The Hot Chili Pepper 5K each summer is one the many events sponsored by Georgia Game Changers Running Company.

Time to set limits: Business owners suffer tech overload

“If you don’t set some rules, guidelines and put some technology boundaries in place on using your phone, tablet or computer, they will run your life and can very well ruin your life,” says Davis, who’s based in Douglasville, Georgia.

Air Canada to start Toronto-Savannah flights

Air Canada Airlines announced today that it will begin seasonal service to Savannah/Hilton Head International Airport from Toronto Pearson International Airport on May 1.

Get used to it: Economists see 'new normal' of slow growth

Americans should get used to a “new normal” of slow economic growth, business economists say.

Workers in May construct a high-rise building in Boston. Economists still expect economic growth to pick up in 2017, but they see a slowdown in hiring. (AP Photo/Steven Senne)

Brianna McGurran: Student debt may face changes in new year

“Ask Brianna” is a Q&A column from NerdWallet for 20-somethings or anyone else starting out. I’m here to help you manage your money, find a job and pay off student loans — all the real-world stuff no one taught us how to do in college. Send your questions about postgrad life to askbriannanerdwallet.com.

Can't buy love? Drug price hikes put sex beyond reach

TRENTON, N.J. — Imagine not being able to afford one of life’s great pleasures — sex.

For many couples, doctors say prices for the prescriptions have made sex unaffordable. (AP Photo/Gregory Bull)