B2B Stories

B2B Stories

Party bike business to ride into Augusta

Yesterday, the Augusta Commission voted to approve Pedal Pub Bar & Patio’s plan to launch a new location in Augusta, according to Commissioner, Brandon Garrett. The business is coming to 305 12th St. based on a Facebook post from the Downtown Development Authority of Augusta. A Pedal Pub is a multi-passenger party bike that looks like a mobile bar, but the bike has no engine. Instead, the passengers move it by pedaling. The bike also has seats for those who don’t want to pedal. Pedal Pub Augusta’s Facebook page describes

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B2B Stories

Simon Says: The Economics of Medicine in Different Countries

In England, you cannot advertise prescription-only medicine to the general public via TV or print advertising. Since the 1990’s, drug manufacturers can market their products direct to consumers in the U.S. Depending on your demographic, they may be all you see in commercials! A recent article in the American Economic Journal: Microeconomics by Bradly Shapiro examined the pros and cons of these different levels of regulation. The main argument for the English position is that nothing should get in the way of the patient-doctor relationship and decision-making. Some argue that

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B2B Stories

Local photographers create unique Christmas experience for children, families

It’s still summer, but 5-year-old Jackson Williamson and his 3-year-old brother, Jones, got to spend an hour with Santa Claus Saturday morning (shown above), thanks to two local photographers. Melissa Gordon, the wife of Publisher Neil Gordon and owner of Studio Gordon, LLC, and Addie Strozier, owner of Addie Strozier Photography, LLC, have developed a unique Christmas experience for children and their families. In the past, Gordon and Strozier took quick photos of children with Santa. This is their first year doing one-hour sessions. “I love seeing the excitement on

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B2B Stories

Simon Says: Weekly earnings depend on where you live

The average weekly earnings in the Augusta Metropolitan Statistical Area (MSA) in 2021 was $898. In Atlanta, it was $1,070 and just $682 in Hinesville (see the first chart). In fact, there is quite a clear relationship between the size of MSA, as measured by population, and average weekly earnings (see the second chart). The line of best fit is clearly upward sloping, showing the positive relationship between population and earnings. Why do workers earn more in larger cities than their colleagues in smaller ones? A new paper by Theodore

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B2B Stories

Study finds college degree significantly increases lifetime earnings

How much is a college degree worth? According to the University System of Georgia, the answer is more than $1 million if you work in the state of Georgia. According to a study conducted by the Selig Center for Economic Growth at the University of Georgia, a person graduating from a college in the University System of Georgia in 2021 can expect to earn $2.55 million over the course of a career. A person with only a high school diploma is expected to earn $1.4 million during the same period.

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B2B Stories

New Jersey company moves HQ to Georgia

  Shipping container giant relocates headquarters to Georgia and Coca-Cola makes history with new CEO – Augusta Business Daily Business Update by Mike Petchenik.    

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B2B Stories

Allstate explains higher insurance rates

You’re already paying higher prices for gas, groceries, and just about everything else you buy. But if you’re an Allstate car insurance customer, you’ll soon notice a significant increase in that bill, too. ABD previously reported the company is raising its automobile insurance rates by 25 percent, effective Sept. 12 for new customers and Oct. 16 for current customers. While most insurers are currently raising their rates due to inflation and other factors, 25 percent is a very large increase. We contacted Allstate, which released a statement. “Allstate lowered its

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B2B Stories

New tourism manager blends his Big Apple experience with Aiken’s southern charm

Eric Gordon has been on the job for almost a month and is already excited about coming to work every day for the City of Aiken’s Parks, Recreation, and Tourism Department. He hails from Queens, New York, where his parents introduced him to the sights and sounds of the city, including the art museums, Broadway shows, and the New York Philharmonic. Gordon later formed his own company, Beyond Times Square, because he wanted to show visitors that beyond all the Broadway magic, there was much more to New York. His

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