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BET enters the boxing arena with Roc Nation Sports alliance

Updated: 12:05 a.m. Thursday, April 23, 2015

BET is storming out of its corner with its first-ever rounds of professional boxing. The network, which has traditionally programmed entertainment, music, news and public affairs for the African-American audience, , told The Associated Press it has partnered with Roc Nation Sports to air up to nine live, two-hour telecasts ...
ARRIS acquiring British tech company for $2.1 billion
“We expect this merger will enable ARRIS to increase its speed of innovation,” ARRIS Chairman and Chief Executive Officer Bob Stanzione said in a statement.

Updated: 9:57 p.m. Wednesday, April 22, 2015

ARRIS Group, the Suwanee-based supplier of cable equipment including voice and data modems, announced Wednesday that it is acquiring Pace Plc, a British technology company, for $2.1 billion. The new company will be incorporated in the United Kingdom, while operational and worldwide headquarters will remain in Suwanee. Pace supplies set-top ...
Obama trade agenda wins Senate round, but House fights loom
Senate Finance Committee Chairman Sen. Orrin Hatch, R-Utah gives an opening remark on Capitol Hill in Washington, Tuesday, April 21, 2015, before the committee's hearing on fast track authority. Major labor unions and business groups clashed Tuesday over President Barack Obama's bid for "fast track" authority to advance trade deals being negotiated with numerous nations.  (AP Photo/Evan Vucci)

Updated: 9:57 p.m. Wednesday, April 22, 2015

President Barack Obama's trade agenda narrowly passed an initial Senate test late Wednesday, but many fellow Democrats hope to trip him in the House. The Senate Finance Committee endorsed Obama's request for "fast track" legislation, which would renew presidential authority to present trade deals that Congress can endorse or reject ...
Hello? Facebook launches phone-calling app for Android

Updated: 7:58 p.m. Wednesday, April 22, 2015

Hello? Anyone there? Facebook unveiled a new voice-calling app for Android phones on Wednesday, the same day that its WhatsApp messaging service introduced voice-calling for iOS devices. Phone calls, it seems, are not dead yet. Called "Hello," the stand-alone app is the seventh child of Facebook Creative Labs, the company's ...
American Airlines CEO to be paid entirely in company stock

Updated: 7:33 p.m. Wednesday, April 22, 2015

The CEO of American Airlines received compensation valued at $12.3 million last year and will stop drawing a salary and instead be paid entirely in company stock. CEO Doug Parker said Wednesday that the change started immediately and would make his compensation more in line with shareholder interests. American Airlines ...
Report: NCR examining strategic options

Updated: 7:29 p.m. Wednesday, April 22, 2015

Automated teller machine giant NCR is exploring options including selling assets, boosting its dividends or making other moves that might make its stock and balance sheet more appealing, according to a report Wednesday in the Wall Street Journal.Duluth-based NCR has been under shareholder pressure to improve performance. The company under ...
Republican House bill modestly curbs bank watchdog's budget

Updated: 7:22 p.m. Wednesday, April 22, 2015

The Republican-controlled House Wednesday passed legislation modestly curbing the growth of the Consumer Financial Protection Bureau, the agency established by the 2010 overhaul of financial regulations to enforce laws aimed at protecting consumers from unfair or illegal practices by banks, mortgage lenders and other financial services providers. The measure would ...
Boeing tops 1Q profit forecasts, airplane deliveries rise
FILE - This Feb. 11, 2013 file photo shows a Boeing 787 jet taxing following a test flight, at Boeing Field, in Seattle. Boeing Co. delivered more airliners in the first quarter, offsetting sluggish results in the defense side of its business and pushing its first-quarter earnings up 38 percent. The profit topped Wall Street expectations, but revenue was below forecasts, reported Wendesday, April 22, 2015. (AP Photo/Elaine Thompson, File)

Updated: 6:41 p.m. Wednesday, April 22, 2015

Boeing Co. delivered more commercial airliners in the first quarter, offsetting sluggish results in the defense side of its business and pushing its first-quarter earnings up 38 percent. The profit topped Wall Street expectations, but revenue was below forecasts, and production costs of the Boeing 787 jet continued to pile ...
Convention center hotel moves forward in Gwinnett

6:06 p.m. Wednesday, April 22, 2015

A long-awaited hotel project on property owned by Gwinnett County at the convention center is moving forward with a vote this week by the Convention and Visitors Bureau. At a meeting Wednesday, the group passed a resolution urging Gwinnett County commissioners to approve a ground lease that would allow for ...
House panel is told of slavery in Thai seafood industry
A photograph of imprisoned Philippine children is shown as witnesses testify before the House Committee on Foreign Affairs subcommittee on Africa, Global Health, Global Human Rights, and International Organizations hearing on the fight against human trafficking,  in Washington, Wednesday, April 22, 2015. (AP Photo/Cliff Owen)

Updated: 5:49 p.m. Wednesday, April 22, 2015

Modern-day slavery persists around the world, including the abuse of fishermen in the Thai seafood industry whose catch can end up in U.S. markets, a congressional panel was told Wednesday. "As has been reported for years, the Thai fishing industry is rife with forced labor, both on the high seas ...
McDonald's plots turnaround as sales continue to slide
FILE - This Jan. 21, 2014 file photo, cars drive past the McDonald's Golden Arches logo at a McDonald's restaurant in Robinson Township, Pa. McDonald’s first-quarter profit fell, partly because of sliding sales, costs to close underperforming restaurants and a stronger dollar, reported Wednesday, April 22, 2015  (AP Photo/Gene J. Puskar)

Updated: 4:45 p.m. Wednesday, April 22, 2015

McDonald's plans to unwrap a plan next month that it says will help turn around sales declines around the world. CEO Steve Easterbrook, who stepped into the role just last month, said Wednesday the company will share "initial details" of the plan May 4. "I think there is a hunger ...
United Community Bank merging with S.C.’s Palmetto Bank

4:16 p.m. Wednesday, April 22, 2015

Blairsville-based United Community Banks, which earlier this year acquired a Tennessee bank, announced Wednesday that it has a $240.5 million merger deal with Palmetto Bancshares in South Carolina.United, the parent of United Community Bank, said its merger with the parent of The Palmetto Bank is part of its strategy to ...
Equifax reports higher profits and revenue for first quarter

4:13 p.m. Wednesday, April 22, 2015

Equifax reported $88.3 million in profits in the first quarter, up 5 percent from the year-ago quarter’s results.The Atlanta-based credit reporting firm said its revenues rose 12 percent compared to the year-earlier quarter, to $652 million, which was at the upper end of its earlier guidance to investors.“All four business ...
Hello? 8M phone calls unanswered as IRS cut taxpayer service
FILE - In this April 15, 2015 file photo, Internal Revenue Service (IRS)  Commissioner John Koskinen testifies on Capitol Hill in Washington.   The IRS’s overloaded phone system hung up on more than 8 million taxpayers this filing season as the agency cut millions of dollars from taxpayer services. (AP Photo/Andrew Harnik)

Updated: 3:23 p.m. Wednesday, April 22, 2015

The IRS' overloaded phone system hung up on more than 8 million taxpayers this filing season as the agency cut millions of dollars from taxpayer services to help pay to enforce President Barack Obama's health law. For those who weren't disconnected, only 40 percent actually got through to a person. ...
Can government squeeze raisin growers? Justices have doubts

Updated: 3:12 p.m. Wednesday, April 22, 2015

A post-World War II-era program that forces raisin producers to give part of their annual crop to the government could soon be a relic of history. Several Supreme Court justices expressed doubts Wednesday that federal officials can legally take raisins away from farmers without full payment even if the goal ...
Top question for first lady? 'Can I have a hug?'
Anaya Brodie runs to give first lady Michelle Obama a hug during the White House’s annual "Take Our Daughters and Sons to Work Day" in the East Room on Wednesday, April 22, 2015, in Washington. Obama took questions from children of Executive Office employees, and local young people from the Boys and Girls Club and D.C. Child and Family Services. (AP Photo/Evan Vucci)

Updated: 2:27 p.m. Wednesday, April 22, 2015

The most popular question put to Michelle Obama during a question-and-answer session with the children of White House employees on Wednesday was "Can I have a hug?" It all started when a girl asked for the first lady's age. Hearing that she is 51, the girl then told Mrs. Obama ...
Deutsche Bank to take $1.6B litigation costs in 1st quarter

Updated: 1:28 p.m. Wednesday, April 22, 2015

Germany's biggest bank, Deutsche Bank AG, says it expects to book litigation costs of about 1.5 billion euros ($1.6 billion) in its first-quarter earnings report. Deutsche Bank said in a brief statement Wednesday that, despite the costs, it "will be profitable in the first quarter and will report near-record revenues." ...
Associated Press posts first revenue gain in 6 years

Updated: 12:02 p.m. Wednesday, April 22, 2015

The Associated Press boosted its revenue for the first time in six years in 2014, benefiting from special events and improved licensing of photo and video content, and the news cooperative said Wednesday that its profit soared. Revenue grew 1 percent to $604.0 million, up from $595.7 million the previous ...
Georgia-Pacific sues Aldi, 2 tissue makers over Angel Soft ‘imitation’
Georgia-Pacific, the maker of Angel Soft bath tissue, wants the court to order the destruction of “all bath  tissue, bags, boxes, labels, tags, signs, packages” and other material  associated with the Soft Touch brand. The company also wants an  accounting of Soft Touch’s profits and it is seeking damages.

Updated: 11:29 a.m. Wednesday, April 22, 2015

Atlanta-based Georgia-Pacific is suing Aldi, a major discount grocery chain, and the manufactures of a toilet tissue sold at the retailer, claiming trademark violations and unfair trade practices.In suits filed in U.S. District Court in Atlanta, Georgia-Pacific claims Batavia, Ill.-based Aldi and manufacturers Soundview Paper Holdings LLC and Solaris Paper ...
United Community Bank merging with S.C.’s Palmetto Bank
“Joining forces with Palmetto will greatly enhance our presence in these  markets, creating value for shareholders and customers of both  organizations,” said United Community Banks Chairman and Chief Executive Officer Jimmy  Tallent.

10:26 a.m. Wednesday, April 22, 2015

Blairsville-based United Community Banks Inc., which earlier this year acquired a Tennessee bank, announced Wednesday that it has a $240.5 million merger deal with Palmetto Bancshares Inc. in South Carolina.In a release, United, which is the parent of United Community Bank, said its merger with the parent of The Palmetto ...
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