MUSC Health to operate Encompass Health rehab hospital

Encompass Health’s existing inpatient rehabilitation hospital at 9181 Medcom St. in North Charleston will be renamed and will operate as MUSC Health Rehabilitation Hospital, an affiliate of Encompass Health, according to a news release.

Clemson furloughs employees starting Sept. 1

Clemson University will be furloughing employees until the end of the calendar year due to the economic impact of COVID-19. The school's president and high-salary athletic department employees took a voluntary 10% pay cut.

Benefitfocus president and CEO August steps down in Lowcountry

Raymond August has been replaced by CFO Stephen Swad, but August will stay on through the end of the year to help with the leadership transition, according to a news release.

Pandemic brings financial concerns into focus

A Columbia-based financial advisor recommends giving each dollar an assignment as a way to keep household budgets on track. Prudential’s Rosalyn Glenn also says the pandemic exposed a general lack of preparedness. 

Downtown Columbia parking demand remains high, even in pandemic

A recent report found parking in downtown Columbia is in demand even as more employees work from home. The city’s overall parking garage occupancy rate dropped slightly to 81.62% in the second quarter of 2020 from 83.86% in Q2 of 2019.

News from across South Carolina

• Report: $75 billion invested in opportunity zones
• S.C. part of $85M, multistate Honda airbag settlement 
• Fastest-growing Upstate businesses make national list
• Greenville commission to explore racial equity, economic mobility

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