Business

Business In Brief - September 26, 2007

Lawrence now certified economic developer

David Lawrence, downtown development manager for the city of Rock Hill, recently earned the designation of Certified Economic Developer.

The national CEcD exam was administered by the International Economic Development Council on in mid-September in Phoenix, Ariz.

Lawrence, who has 13 years of experience, has been with the city for 1 1/2 years. He has spearheaded the DowntownNow retail and restaurant attraction program and carried out various business development marketing initiatives. He has prior experience with industrial recruitment, business retention and expansion, and site pre-permitting activities.

CEcD candidates must pass a three-part, two-day examination, which tests a practitioner's knowledge, proficiency and judgment in key areas of economic development. There are more than 1,200 CEcDs in the United States.

Chamber 101 session to be held Thursday

Chamber 101: New Member Orientation session will be offered by the York County Regional Chamber of Commerce at 3:30 p.m. Thursday at the Rock Hill office at 116 E. Main Street.

Participants will learn about chamber benefits, meet staff and network with fellow members.

To make a reservation, contact Tosha Roberson at 324-7500 or troberson@yorkcountychamber.com.

Sharehoders approve Clear Channel buyout

SAN ANTONIO -- It took just about three weeks for the nation's biggest radio station operator, Clear Channel Communications, to accept a buyout offer after announcing last fall that it was considering "strategic alternatives."

It took another 10 months for shareholders to finally approve the deal.

On Tuesday, they gave the OK to a $19.5 billion buyout offer from a private equity group led by Thomas H. Lee Partners and Bain Capital Partners.

The offer was first announced in November but was sweetened after some large shareholders signaled they would oppose earlier offers.

The latest offer was $39.20 per share in cash or stock in what would be a privately owned company.

Amazon.com opens its digital music store

SEATTLE -- Web retailer Amazon.com launched its much-anticipated digital music store Tuesday with nearly 2.3 million songs, none of them protected against copying.

The store, Amazon MP3, lets shoppers buy and download individual songs or entire albums. The tracks can be copied to multiple computers, burned onto CDs and played on most types of PCs and portable devices, including Apple's iPod and Microsoft's Zune.

Songs cost 89 cents to 99 cents each, and albums sell for $5.99 to $9.99.

Major music labels Universal Music Group and EMI Music Publishing have signed on to sell their tracks on Amazon, as have thousands of independent labels. The company said several smaller labels are selling their music without copy protection for the first time on the Amazon store, including Rounder Records and Trojan Records.

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