Extreme trampoline park coming to Village at Sandhill
The Midlands first extreme trampoline park is coming to Plex Indoor Sports at The Village at Sandhill.
The park, dubbed HiWire, is under construction and slated to open in late fall in space leased from the owners of Plex.
Extreme trampoline parks are a new recreation trend, with nearly 80 built in the U.S. in recent years. HiWire will be the 10th built by Case Lawrence.
HiWire will feature 20,000 square feet of trampolines, including a trampoline field and a trampoline dodge ball stadium. There also will be an aerial obstacle course, a flying trapeze and high-wire slack lines – all over 50,000 cubes of soft foam.
Customers pay for jumping time, between $8 and $12 an hour.
Name change for Charleston publisher
The Evening Post Publishing Co. has changed its name to Evening Post Industries. CEO John Barnwell says the name better reflects the company’s diversified holdings and strategy to acquire holdings beyond the media. The (Charleston) Post and Courier, which is owned by Evening Post Industries, reports the Charleston-based company will remain a news and information provider. It publishes three daily newspapers and 11 weekly newspapers, mostly in South Carolina, and has a book publishing unit.
Female executives don’t get equal pay
Even the few women who have managed to advance to the C-suite don’t get equal pay.
Last year, of the five best-paid executives at each of the Standard & Poor’s 500 Index companies, 198 were women, or 8 percent of the total. Those high-achievers on average earned $5.3 million, 18 percent less than men, data compiled by Bloomberg show.
Four decades after substantial numbers of women began entering management ranks, only a handful have reached the echelons that earn the biggest compensation. Even after graduating from the same business schools, women tend to start out at lower salaries than men and many don’t catch up later in their careers. Female executives say they can be less demanding than men when it comes to pay, partly out of fear of being labeled as overly aggressive and self-centered.
Retail sales edge up in July
U.S. retail sales edged up in July despite a drop in auto sales. A category of purchases that excludes the most volatile sectors rose by the most in seven months, a sign that stronger consumer spending could boost economic growth.
The Commerce Department says retail sales increased 0.2 percent in July from June. Sales had risen 0.6 percent in June from May. The change in both months was driven by autos, which surged 2.9 percent in June but fell 1 percent in July.
Staff writer Joey Holleman, The Associated Press and Bloomberg News