Business Notebook
Local & State
Coast
Horry County fair to return?
Horry County officials are considering a change that could mean special events could run longer than a week. That might allow the return of a county fair for the first time in years as well as other events on the Grand Strand.
Current rules allow only weeklong events, The Sun News of Myrtle Beach reports.
Steve Zacharias wants to bring back a county fair next year after a six-year absence and says it needs to run at least 10 days over two weekends to attract amusement companies and their rides. Councilman Marion Foxworth says changing the rules would also allow other events. There has been talk of organizing a Christian music festival in the county as well.
Nation & World
Available jobs drop; millions quit
The number of available jobs in the U.S. fell in March, though companies filled more of their open positions in a sign they are still confident enough to hire.
The Labor Department said Tuesday that job postings fell 2.9 percent to just under a seasonally adjusted 5 million in March. Meanwhile, total hiring ticked up 1.1 percent to 5.1 million, the most since December. The number of people quitting their jobs rose to 2.78 million, roughly matching February’s total, which was the highest in nearly seven years.
IN BRIEF
▪ General Motors says it is recalling nearly 470,000 Chevrolet Malibu midsize cars from 2011 and 2012 to fix potentially weakened steel cables that link the front seat belts to the vehicle. The company also is recalling about 53,000 Chevy Colorado and GMC Canyon midsize pickup trucks 2015 models to fix seat frame hooks that weren’t installed properly during assembly.
▪ JPMorgan Chase will replace all of its customers’ debit cards with more secure chip-based cards nationwide, the bank said Tuesday, and expects to have chips on 70 percent of its debit cards by the end of 2015.
▪ The top Republican on the Senate Banking Committee unveiled legislation that would ease regulatory requirements on midsize banks. It would also give lenders the option for greater freedom from mortgage lending rules.
▪ Prices for eggs and turkey meat are rising as an outbreak of bird flu in the Midwest claims an increasing number of chickens and turkeys.
From Wire Reports.
This story was originally published May 12, 2015 at 11:05 PM with the headline "Business Notebook."