Local & State
Myrtle Beach No. 1 in new home permits
The Myrtle Beach metro area led the nation in the rate of increase in new home construction permits from 2013 to this year, according to newhomesource.com, and the new residents moving into those homes are helping fuel the area’s re-blooming jobs market, recently named sixth fastest growing in the U.S. The 100 percent growth in the Myrtle Beach metro area – from 201 permits a month in 2013 to 402 in September – was more than double that in No. 2 Grand Rapids, Mich., which had a 49 percent growth, the organization said. Greenville came in third, with a 36 percent growth in new home construction permits.
Filter maker expanding in York
A York filter manufacturer plans to spend $1.5 million to expand one of its two facilities in York, creating 11 new jobs, state officials said Monday. Filtration Group will expand by buying the facility it occupies at 1200 Filbert Highway in York, which will provide space needed to expand. It already employs about 150 people there. For jobs, go to filtrationgroup.com.
Nation & World
Chief executives say they’ll boost hiring
Chief executives at the largest U.S. companies expect sales to keep growing in the next six months and also plan to step up hiring. The Business Roundtable said Tuesday that 40 percent of its member CEOs plan to hire more workers, up from 34 percent in the third quarter. Nearly three-quarters project their sales will rise, roughly the same as the previous quarter.
Hershey may replace corn syrup with sugar
Hershey is looking at replacing the high-fructose corn syrup in some of its products with sugar. Will Papa, chief research and development officer at The Hershey Co., said the company uses a mix of sugar and high-fructose corn syrup in its products but that it is “moving more toward sugar.” Many people say they avoid high-fructose corn syrup because it has gained a bad reputation for fueling weight gain and diabetes, though health experts says there’s not enough evidence to conclude it’s any worse than regular sugar.
Chicago minimum wage to hit $13 by 2019
The Chicago City Council has overwhelmingly supported a measure to increase the city’s minimum wage to $13 by 2019. Council members gave their final approval Tuesday, a day after a council committee advanced the plan to raise the current $8.25-per-hour wage. Five aldermen voted against the measure, saying businesses will be tempted to leave the city and there could be job losses.
Dockworkers back at the table
Labor strife on the West Coast waterfront isn’t going to steal Christmas. Dockworkers at 29 sea ports from San Diego to Seattle have worked without a contract since July. Negotiations over a new one turned contentious this fall. On Tuesday, full negotiating teams were meeting for the first time in nearly two weeks. Public pressure for an agreement has been mounting, though the White House has said it will not intervene.