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TODAY'S HEADLINES  |  Aug. 26, 2020

Upstate credit unions merge, take new name

Members of two federal credit unions in the Upstate voted to finalize a merger proposed in June under the name Spero Financial. The new entity will keep its Greenville headquarters. 

BlueCross and BlueShield donates $6.4 million to HBCUs

BlueCross and BlueShield of South Carolina contributed more than $6.4 million to aid five historically black colleges and universities across the state with technological and eLearning infrastructure, health care services and scholarships.

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Economic developers see investment spike

The country’s economic rebound from the COVID-19 pandemic may not be “V-shaped,” but investment in the Upstate has picked up over the summer, regional economic development leaders say, with an increased interest from the pharmaceutical, medical supply and food and beverage sectors.

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Benefitfocus president and CEO steps down

Raymond August has been replaced by CFO Stephen Swad, but August will stay on through the end of the year to help with the leadership transition, according to a news release. 

Cash versus credit: Businesses face several considerations

While there is no federal requirement that businesses accept cash, there are reasons some states have passed such legislation, legal observers say. A coin shortage fueled by the pandemic has brought the issue into focus.

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Digital copy available of the Aug. 10 GSA Business Report

While some of our readers may be back at their offices, we're still making digital copies of our latest edition available. This issue includes a look at how smaller airports are doing since the onset of the pandemic. Some attorneys from Ogletree Deakins take a deep dive into coronavirus-related issues that should be of concern to the executives out there.

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Get the word out about your business

GSA Business Report's online submission portal is available to all business owners, entrepreneurs and marketing professionals in the Upstate who want to get out information about a company, new hires, products, services, website launches and events. Use this link to submit your press releases to GSA Biz Wire, which also submits your item for possible publication in the print edition of the Business Report.

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