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Charleston Business

#CharlestonAgenda: Income Stagnation, SC's a Site Selection Magnet, Shovels and Rope, More Super Lawyers, Mexican Sushi, 3-D Printed Hearts, Peeps

Apr 17, 2019 10:34AM ● By Chris Haire

Median Family Income Remains Stagnant in Charleston Market: The Richmond Fed's April report shows zero quarter-to-quarter growth (Q3 2018-Q4 2018) for median family income for Greenville, Charleston, and Columbia. Year to year, all three metros show positive movement, with income up 7.09% in Greenville, 4.33% in Columbia, and 8.28% in Charleston. Non-business bankruptcies also continue to fall across the state. 

Not surprising given the time of the year, new housing units were down in April, with Charleston falling -19.19%, Columbia dropping 0.8%, and Greenville plummeting 44.1%. Median home sales prices were also down for the three metros. 

Two good signs: unemployment continues to fall and the labor force rate continues to increase.
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The Ultimate S.C. Super Lawyers List: 
South Carolina law firms recently announced attorneys who have been selected as Super Lawyers and Rising Stars this year. Here is a firm-by-firm look at 2019 winners across the state. See the statewide list here. (Charleston Business Monthly)

Trump to Boeing: Pick a new name for 737 Max  (Post and Courier)

Musicians get county council to back off nightclub ordinance (GoUpstate)

Post and Courier reporters honored for feature writing, public service with 2019 Pulitzers (Post and Courier)

Plan could save SCE&G customers $1 billion after VC Summer. Dominion is fighting it (The State)

MUSC receives $3.6M to launch national telehealth research network (Becker's Hospital Review)

West Columbia’s riverfront district may look very different as soon as this summer (The State)

What constitutes success for Winthrop athletic beer sales experiment? (Rock Hill Herald)

Trident Tech’s aeronautics training center nearing completion (Post and Courier)

Dept. of Energy cleanup chief: Advanced Manufacturing Collaborative project at USC Aiken is 'very exciting' (Aiken Standard)

The hijacking of the Maersk Alabama 10 years ago: the threat is still real (Logistics Management)

How 5G is likely to put weather forecasting at risk (Hackaday)

New Effort to Exempt Crypto Currency from Certain SEC, Tax and Other Regulatory Burdens (National Law Review)

Economic burden of chronic diseases nearly 20% of U.S. GDP: report (Fierce Healthcare)

Rural safety-net hospitals seeing emergency department use increase faster than cities, report suggests (Becker's Hospital Report)

Small businesses turning far more often to online lenders: Fed (American Banker)

Army Secretary Reveals Weapons Wishlist for War with China & Russia (Defense One)

Lyft Pulls Electric Bikes Off the Road After Brake Problems (Manufacturing.Net)

Timex Is Celebrating 165 Years With a New Watch Collection That Brings Production Back to the U.S. (Ad Week)

Foxconn confirms that mass production of the iPhone will begin in India soon (Apple Insider)

Podcast 'We're probably in a crisis already': Retirement in America (American Banker)

NYC May Ban Pre-Hire Marijuana Tests for Many Job Applicants (Manufacturing News) 

Israeli scientists 3-D print a tiny, live heart made from human tissue (Israeli Innovation News)

Amazon has a major fake review problem (Fast Company)

Humor: Keebler’s Sale to Italians Hits America’s Smallest Workforce (WSJ)

The Story Behind One of the Most Controversial Candies of Our Time, Peeps (Ad Week)

The Wire
Republic DMG planning Summer Opening of Mexican sushi restaurant MESU on Upper King Street (Cision)

Multiple Programs Underway At MUSC To Improve Care For People With Autism

EDTS And EDTS Cyber Announces Private Equity Partnership And Merger With Corsica

Bank of South Carolina Corporation Announces First Quarter Earnings (Cision)

Blackbaud CTO Westmoreland Named One of Top 50 Most Powerful Women in Technology by the National Diversity Council (Cision)

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Shovels & Rope

Cary Ann Hearst and her husband Michael Trent are the award-winning Americana duo better known as Shovels & Rope. 

A Nashville native, Cary Ann Hearst moved to the Lowcountry in 1997 to study at the College of Charleston but spent more time singing on street corners than studying. After earning her degree and a loyal local following, she released two solo albums before joining forces with Trent to create Shovels & Rope in 2008. 

Career highlights include winning Song of the Year and the Emerging Artist at the 2013 Americana Awards, headlining the Spoleto Festival USA Finale in 2014, and playing venues from Austin City Limits to Coachella to the Grand Ole Opry. Their most recent album “Little Seeds” is out now.

In 2017, the band launched the inaugural two-day High Water Music Festival featuring such roots and indie rock luminaries as The Shins and The Avett Brothers. The 2018 festival included Jason Isbell, Brandi Carlile, Jeff Tweedy, and St. Paul and the Broken Bones. Headliners for the 2019 High Water Festival, April 13-14, include Leon Bridges, The Head and the Heart, Jenny Lewis, and Dr. Dog. In addition to the 22 musical acts on two stages, other draws include chef-curated dining experiences, unique cocktails, and numerous food trucks.