Chick-fil-A coming to Pendleton Village
FORT MILL -- Chick-fil-A has announced plans to locate at Pendleton Village, a 25-acre commercial development near I-77 and S.C. 160 across from Baxter Village.
The restaurant is scheduled to open in January. Site work is under way for 31,000 square feet of retail space and two additional outparcels, which will open during the fall of next year.
Lowe's Home Improvement anchors the village center, which was developed by Crosland LLC. The 140,000-square-foot store opened in June.
Staffing service celebrating 5 years
New Horizons Homecare and Staffing Services will celebrate its fifth anniversary with food and music from 3 to 6 p.m. Friday at Cherry Park.
The event will be held at the shelter next to the playground.
The service, located at 2025 Ebenezer Ave., Suite B, employs about 140 people who provide nursing assistance to patients at home and in hospitals and nursing homes. For more information, call 366-5005.
Office professionals to meet Tuesday
The Rock Hill Area Chapter of the International Association of Administrative Professionals will meet at 6:30 p.m. Tuesday at the School of the Deaf and the Blind, Midlands Outreach Center, 197 Piedmont Blvd., Suite 202.
The meeting topic will be "New Member Orientation."
Two join Coldwell Banker's Rock Hill office
Dianne Rummage and Ken Rummage have been hired for the Rock Hill office of Coldwell Banker United, Realtors, Carolinas Region.
Coldwell Banker United has 17 offices and 624 associates in the Carolinas, including Rock Hill, Lancaster and Fort Mill.
Warner Music sees losses as listeners go digital
LOS ANGELES -- Warner Music Group, one of the world's largest recording companies, said Tuesday its fiscal third-quarter loss widened as more people bought digital music rather than CDs.
The loss for the quarter ended in June was $17 million, or 12 cents per share, versus a prior-year loss of $14 million, or 10 cents per share. Excluding nonrecurring items related to a corporate restructuring and settlement, the loss in the 2007 quarter was $29 million, or 20 cents per share.
Consumers add to credit card debt in June
WASHINGTON -- Consumers boosted their borrowing more than expected in June, reflecting another hefty jump in credit card debt.
The Federal Reserve reported Tuesday that consumer credit rose at an annual rate of 6.5 percent in June. It marked the second straight sizable gain. Consumer credit rose by an even larger 7.9 percent in May.
The increase was led by an 8.4 percent rate of increase for revolving credit, the category that includes credit card debt. The category that includes auto loans rose at a 5.3 percent rate, the same as in May.
Total consumer credit rose by $13.2 billion in June to a record $2.459 trillion.
American workers' productivity doubles
WASHINGTON -- The productivity of American workers rebounded in the spring while wage pressures eased, favorable economic developments that analysts worried might prove only temporary.
The Labor Department reported Tuesday that worker efficiency rose at an annual rate of 1.8 percent in the April-June quarter, more than double the 0.7 percent pace of the first three months of the year.
Meanwhile, unit labor costs rose at a 2.1 percent rate, marking the second consecutive quarter that wage pressures have eased. While higher wages are good for workers, if wages rise too quickly they can spur unwanted inflation.