Tech Transfer Sessions Could Spawn CSRA Jobs
About 80 Georgia and South Carolina firms gathered at the Radisson Riverfront Hotel to learn how technology transfer and joint R D ventures with federal programs can create money and jobs for the Central Savannah River Area. Executives cited high risk tech and interactive video as examples while noting funding gaps hinder development.
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Augusta
CSRA
Georgia
South Carolina
Radisson Riverfront
Savannah River
Sina Oat
Intelysis Technoligica of
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Windsor Fire Debacle Pressure Eases After Truce
Windsor officials and Mayor Frank Mizell agreed to let courts settle disputes over fire department operations and public access to budgets. No elections have been held since 1980 for a three-member commission, with current rules giving firefighters control. Elder Fire Commissioner Gordon Mundy resists change, saying to run as it has for 14 years until a judge orders otherwise.
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Windsor
Frank Mizell
Ricky Mundy
Gordon Mundy
Ethons, Sala
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Fed raises rates as Wall Street cheers and Congress frets
The Federal Reserve boosted the discount rate by half a percentage point to 3.5 percent and raised the federal funds rate to 4.25 percent. Analysts foresee a two to three month hold while the impact on inflation and the economy remains watched, prompting market optimism and legislative concern.
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Washington
Federal Reserve
Wall Street
Congress
Fed
David Jones
Aubrey G. Lanston & Co
New York City
Fed Raises Rates Prompting Bank Lending Hikes
Rates climbed as the Federal Reserve lifted two key measures by a half point on Tuesday. The federal funds rate and the discount rate both increased, triggering a rise in banks prime lending rates used for business and consumer loans.
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Federal Reserve
Federal Funds
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White House Jitters Over Fed Rate Hikes And Recovery
Washington readers hear the White House tremble as the Fed lifts two key rates amid talk of higher borrowing costs. President Clinton touts job gains, lower inflation, and a shrinking deficit while skeptics warn rising rates could hurt growth and politics. The administration weighs whether higher rates signal a healthy economy or a drag on recovery.
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White House
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Federal Reserve
House Shows Compromise Plan On South Carolina Higher Ed Reform
House leaders unveil a compromise plan to reform South Carolina higher education aimed at breaking a session logjam. The plan, crafted by Rep. Townsend and colleagues, would give public colleges six CHE seats without guaranteed representation for any single institution, differing from the Senate bill’s three-seat allocation.
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House
South Carolina
Senate
Ron Townsend
D-Anderson
Townsend
Higher Education
Harry Stille
Debbeville
Rita Allison
Spartanburg
Commission of Higher Education
CHE
Former Governor Defends Military Education Policy
Former Governor James Edwards argues there was never demand for a women’s military school and supports keeping The Citadel all male. He testified during Shannon Faulkner’s bid to join the Citadel corps, saying opening admission would deny many men the opportunity.
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Charleston
South Carolina
James Edwards
Commission On Higher Education
Edwards
U.S
C. Weston Houck
Shannon Faulkner
Citadel
The
Medical University of South Carolina
Seattleskt
Faulkner
Military School
Three Fault Sheriff Faces Funds Feud Over Budget
Aiken County Sheriff Howard Sellers missed two budget meetings with County Administrator Bill Sheppard after a Monday press conference in which he criticized funding. Acting County Council Chairman Ronnie Young noted talks on pay raises, budget balance, and the capital reserve were guided by council directives, while Sellers chose not to fill certain positions and used funds to raise salaries.
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Aiken
Howard Sellers
Ronnie Young
Sellers
Bill Shepherd
Young
LaVana McKenzie
McKenzie
Eddie Butler
Butler
Ellers
Greater Effort Urged To Get More Aiken Voters To Polls
Marel Andino and Gary Baum of the Election Commission urged business leaders to boost voter registration in Aiken. They cited low registration rates despite good turnout in high profile races and toured the local office to discuss regional outreach efforts.
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Election Commission
Aiken
Marel Andino
Gary Baum
Columbia
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