Business

Business In Brief - September 28, 2007

C.J. Banks opening at Rock Hill Galleria

C.J. Banks, a new store in the Rock Hill Galleria, will have a grand opening today, according to a statement from Christopher & Banks Corp.

The 2,400-square-foot store will be located near Belk and will create eight to 10 jobs.

C.J. Banks is a Minneapolis, Minn.-based specialty retailer of women's casual apparel for sizes 14 and more.

Christopher & Banks operates 237 C.J. Banks stores in 35 states.

Hours at the Galleria off Dave Lyle Boulevard are 10 a.m. to 9 p.m. Monday through Saturday and noon to 6 p.m. Sundays.

For more information on mall events, visit www.RockHillGalleria.com.

Missy Zimmer opens driving academy

Missy Zimmer opened M&M Driving Academy in July, according to a written statement.

Zimmer was employed with the S.C. Department of Motor Vehicles for 11 years and has six years of experience as a licensed examiner. She is available to teach students and adults from the tri-county area and can pick up clients at school or home.

Classes are held the first Saturday of every month at the Hilton Garden Inn conference room at Manchester Village. The next class will be Oct. 6.

Registration begins at 7:45 a.m., with classes held from 8 a.m. to 5 p.m.

Cost, which includes the eight-hour class and six hours of driving, is $300.

For more information, contact Zimmer at 328-2285 or mandmdrivinginc@yahoo. com. References available upon request.

New-home sales slump to seven-year low

WASHINGTON -- New-homes sales tumbled in August to the lowest level in seven years, a stark sign that the credit crunch is aggravating an already painful housing slump.

Sales of new homes dropped 8.3 percent in August from July, the Commerce Department reported Thursday, driving down sales to a seasonally adjusted annual rate of 795,000. That was the lowest level since June 2000.

The home sales report came on the same day that the government reported a relatively brisk business growth rate in revised figures for the second quarter. But the 3.8 percent pace was less than previously estimated, and it occurred before the credit crisis and its repercussions across the broad spectrum of the economy had taken hold.

Microsoft seeks to block DoubleClick deal

WASHINGTON -- The chairman of a Senate antitrust panel said Thursday that Google's proposed $3.1 billion acquisition of online advertising firm DoubleClick "warrants close examination" by federal regulators.

Microsoft, which sought to acquire DoubleClick but lost out to Google, argued that the deal is bad for competition and consumer privacy.

Because the deal would combine Google's position as the leading seller of text ads with DoubleClick's dominance of graphic display ads, Sen. Herb Kohl, D-Wis., asked whether "advertisers and Internet publishers (will) have no choice but to deal with Google, giving Google a stranglehold over Internet advertising and the power to raise ad rates."

While senators can't block the deal, they can express their concerns to antitrust regulators about combinations they oppose.

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