Daniel Island employment benefits management platform Benefitfocus says it submitted paperwork Wednesday for an initial public offering, planning to raise $75 million. [P&C]

Heavy rains yesterday and today tied up traffic and knocked out power for more than 1,355 across the Charleston area. [P&C]

It’s high noon somewhere: Jimmy Buffett’s Margaritaville retail shop, a 15-year King Street staple, will close at the end of the month. [P&C]

Charleston hotels reported a landmark month in July, with occupancy rates near 80%, with nightly rates up 6.9% compared to a year earlier. [CRBJ]

From the P&C opinion page, Frank Wooten writes about the Veronica custody battle, “Hard case: You be the judge” [P&C]

Upstate Democratic State Rep. Mike Anthony will hold events in Union, Columbia, and North Charleston today as he announces his bid to be the next state superintendent of schools. [State, CP]

Former Art Institute of Washington president and University of Phoenix grad Todd Cunningham will head up the Art Institute of Charleston. [CRBJ]

After Folly Beach City Council voted to censure former mayor pro tem Eddie Ellis in July, the group voted Wednesday to appoint Councilman Paul Hume to the post. [Live 5]

Following a meeting Wednesday, the DHEC board praised agency Director Catherine Templeton for “her transparent and professional handling” of the TB outbreak in Greenwood County early this summer. [The State]