
Pallidus Inc. Faces Major Layoffs and Expansion Cancellations
News Summary Pallidus Inc., a semiconductor startup in Albany, has laid off 37 employees, marking a 44% reduction in its workforce due to challenges in
Explore the economic landscape of South Carolina with in-depth business news coverage. From the booming real estate market to the innovative manufacturing sector, we track the trends, deals, and economic policies shaping the state’s economy. Our coverage includes profiles of leading companies, analyses of business climates across various industries, and updates on educational initiatives that prepare the workforce for the future. Whether you’re a business professional or interested in the state’s economic health, our news provides valuable insights into South Carolina’s business world.

News Summary Pallidus Inc., a semiconductor startup in Albany, has laid off 37 employees, marking a 44% reduction in its workforce due to challenges in

News Summary The timber industry in South Carolina is experiencing significant challenges, with recent mill closures and a marked decline in timber prices. Local families,

News Summary South Carolina and Canada have reached a historic trade milestone, with investments hitting $5 billion, the highest in a decade. This partnership has

News Summary The University of South Carolina has begun construction on a $300 million Health Sciences Campus in Columbia, set to reshape healthcare education. Expected

News Summary The impact of Hurricane Helene is reshaping North Carolina’s mountain tourism, which experiences a significant decline in visitor numbers this fall. With many

News Summary South Carolina is embarking on an ambitious $150 million infrastructure investment aimed at transforming underutilized farmland into industrial hubs. This initiative, led by

News Summary Optus Bank, the first Black-owned bank in South Carolina, is expanding its operations to the Upstate region, focusing on providing opportunities for local

News Summary The South Carolina Manufacturers Alliance has unveiled a strategic vision for the state’s manufacturing sector by 2025. This initiative aims to foster innovation,

News Summary On March 13, join the Charleston Business & Brews event at New Realm Brewing with South Carolina Lt. Gov. Pamela Evette. This interesting

News Summary The tourism industry in Spartanburg, SC, is thriving, contributing over $29 billion annually to the state’s economy, marking a 65% increase in popularity