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Atlanta home prices up in March

9:39 a.m. Tuesday, May 26, 2015

Metro Atlanta home prices leveled out as the critical buying season got underway, according to a closely-watched report issued this morning.Average home prices in the region during March were up 0.8 percent during the month and were 5.4 percent above the average prices a year ago, according to the S&P/Case-Shiller ...
Ford expands presence in Morocco

Updated: 9:15 a.m. Tuesday, May 26, 2015

Ford Motor Company is expanding its presence in North Africa with a new Moroccan sales office and plans to double the amount of parts purchased in the North African kingdom. The expansion of Ford's presence in Morocco is the latest boost to the country's automotive industry which has increased substantially ...
IMF official says China's yuan no longer undervalued

Updated: 6:49 a.m. Tuesday, May 26, 2015

The International Monetary Fund no longer believes China's tightly controlled currency is undervalued, an IMF official said Tuesday, a stance that might help Beijing in its wrangling with Washington over exchange rate controls. The IMF's first deputy managing director, David Lipton, also said Beijing should work toward having a floating ...
Death toll from defective GM ignition switches rises to 107

Updated: 6:40 p.m. Monday, May 25, 2015

The death toll from faulty ignition switches in small cars made by General Motors has reached 107. Victims' families are being offered compensation of at least $1 million each by attorney Kenneth Feinberg, who was hired by GM last year. In addition, GM has agreed to make offers to 199 ...
The mod squad
This 3,800-square-foot-house sits on a raised corner lot on Highland Avenue. The homeowners, who were excited about city living and being in a walkable neighborhood, requested a home design that celebrated their love of Prairie-style architecture, including large overhangs and high windows that open out from modestly sized rooms that flow into one another along the length of the house. Contributed by Dencity

12:00 a.m. Saturday, May 23, 2015

Bernard McCoy and Elayne DeLeo met in a meet-up group on modern design. In 2007, the idea-driven duo created Modern Atlanta (MA), which has evolved into Design is Human Atlanta, an annual design event that includes architecture tours, speakers, classes, panel discussions and an international design expo. The growing event ...
Retailers growing again, but cautiously
Workers finish a section of Avalon, the Alpharetta shopping-residential development, in 2014. A second phase is coming.

12:00 a.m. Saturday, May 23, 2015

LAS VEGAS —- In a secluded conference room lined with maps and renderings, Atlanta developer Jeff Fuqua pitched retailers on the Braves ballpark site and a smattering of other mixed-use communities he plans from Kennesaw to Decatur. On the convention center floor, Mark Toro, another of the metro area’s development ...
Senate approves Obama's hard-fought trade negotiating bill

Updated: 9:23 p.m. Friday, May 22, 2015

The Republican-led Senate has handed President Barack Obama a major victory by approving his request for enhanced trade negotiating authority. The bill now faces a tough battle in the House. The Senate voted 62-37 Friday to endorse Obama's request for "fast track" negotiating authority. It would let him present trade ...
Hartsfield-Jackson art exhibit focuses on human trafficking
Freedom Expressions ATL exhibit at Hartsfield-Jackson

4:55 p.m. Friday, May 22, 2015

A new art exhibit at Hartsfield-Jackson International Airport aims to raise awareness about human trafficking. » SIGN UP FOR NEW AJC ATLANTA AIR TRAVEL NEWSLETTER! The exhibit, called “Freedom Expressions ATL,” features work by professional artists on display in the domestic terminal atrium. The Center for Civil and Human Rights ...
Private equity fund buying Cincinnati-based Frisch's
A "Bog Boy" statue stands outside a Frisch's Big Boy restaurant, Friday, May 22, 2015, in Columbus, Ohio. The restaurants are being sold to a private equity fund, the company announced Friday, ending family ownership of the Cincinnati-based chain that dates to a 1939 drive-thru. (AP Photo/John Minchillo)

Updated: 4:38 p.m. Friday, May 22, 2015

Frisch's Big Boy restaurants are being sold to a private equity fund, the company announced Friday, ending family operation of the Cincinnati-based chain that dates to a 1939 drive-thru. Frisch's Restaurants Inc. said NRD Partners I will buy all outstanding shares for $34 each, or some $175 million. The regional ...
Clinton appears to rule out return of ground forces in Iraq
Democratic presidential candidate Hillary Rodham Clinton talks with Lee Lord during a tour of the Smuttynose Brewery, Friday, May 22, 2015, in Hampton, N.H. (AP Photo/Jim Cole)

Updated: 4:07 p.m. Friday, May 22, 2015

Democratic presidential contender Hillary Rodham Clinton said Friday she sees "no role whatsoever" for U.S. ground forces in Iraq despite setbacks in the struggle against Islamic State militants. The existing U.S. policy of providing air support, intelligence, surveillance and training is the right one, Clinton said, in comments that appeared ...
Piedmont adds Covington hospital to its fold
Piedmont's deal reflects consolidation among hospitals.

1:25 p.m. Friday, May 22, 2015

Piedmont Healthcare has moved to add its sixth hospital, and the Atlanta-based system may not be done yet finding new partners. Newton Medical Center in Covington will become the latest hospital in the Piedmont fold, the two organizations announced this week. The deal will involve a long-term lease of assets ...
Expedia sells stake in Chinese travel service

Updated: 12:07 p.m. Friday, May 22, 2015

Expedia sold its entire stake in eLong, a Chinese travel service, to a group of businesses based in China for roughly $671 million. The news sent shares of the online travel company up more than 5 percent in midday trading Friday. Before the market opened, Bellevue, Washington-based Expedia said that ...
Deere boosts guidance as construction offsets ag swoon
In this March 23, 2015 photo, John Deere lawn tractors are on display at a Home Depot in Robinson Township, Pa. Deere & Co. on Friday, May 22, 2015, reported fiscal second-quarter earnings of $690.5 million. (AP Photo/Gene J. Puskar)

Updated: 11:21 a.m. Friday, May 22, 2015

Solid sales of its construction equipment offset a global agricultural slowdown for Deere, the company said Friday. It also raised its outlook for the year and its shares rose nearly 4 percent Friday. Deere's most profitable business is making and selling its green tractors and other farming equipment, but with ...
Lines, crowds await holiday travelers at Atlanta airport

Updated: 9:02 a.m. Friday, May 22, 2015

Atlanta airport officials are gearing up for crowds at the world’s busiest airport as Memorial Day weekend begins, warning travelers to allow extra time to get through the airport. » SIGN UP FOR NEW AJC ATLANTA AIR TRAVEL NEWSLETTER! The Transportation Security Administration may have a record-breaking day at Hartsfield-Jackson ...
German business confidence drops slightly in May

Updated: 6:59 a.m. Friday, May 22, 2015

A closely watched survey shows German business confidence has slipped slightly as companies expressed satisfaction with their current situation but increasing worries about the future. The Ifo Institute said Friday its Business Climate Index dipped to 108.5 points for May from 108.6 points the month before. The survey of some ...
Obama's trade bill narrowly clears a key Senate hurdle
President Barack Obama waves as he walks across the South Lawn to the White House from Marine One, Wednesday, May 20, 2015, in Washington, as he returns from Connecticut where he delivered the commencement address at the United States Coast Guard Academy and attended a Democratic National Committee event. (AP Photo/Carolyn Kaster)

Updated: 10:06 p.m. Thursday, May 21, 2015

In a triumph for President Barack Obama, sweeping legislation to strengthen the administration's hand in global trade talks advanced toward Senate passage Thursday after a showdown vote that remained in doubt until the final moment. The 62-38 vote, two more than the 60 needed, came from a solid phalanx of ...
Gap's 1Q profit down 8 percent on currency fluctuations
This photo taken on May 14, 2014, shows signage outside a Gap store in the Shadyside section of Pittsburgh. The Gap Inc. reports quarterly financial results after the market closes Thursday, May 21, 2015. (AP Photo/Gene J. Puskar)

Updated: 6:27 p.m. Thursday, May 21, 2015

Gap Inc. reported an 8 percent decline in its first-quarter profit, as results were hurt by currency fluctuations and persistent sluggish sales at its Gap and Banana Republic stores. The San Francisco-based company, however, stuck with its annual profit outlook Thursday. Gap is among the companies struggling with the impact ...
Listeria: FDA finds problems at Ohio ice cream plant
FILE - In this April 24, 2015 file photo, a sign on a window at a Jeni's Splendid Ice Creams states that the store is closed, in Chagrin Falls, Ohio. A government investigation of Ohio-based Jeni's Splendid Ice Creams says there was inadequate testing and cleaning in its Columbus plant before listeria was found in some of its ice cream pints. (AP Photo/Tony Dejak, File)

Updated: 6:11 p.m. Thursday, May 21, 2015

A government investigation of Ohio-based Jeni's Splendid Ice Creams found inadequate testing and cleaning in its Columbus plant that had become contaminated with listeria. The company recalled all its products last month after listeria was discovered in some pints of Jeni's ice cream, and listeria was also found in the ...
State jobless rate holds at 6.3 percent

4:49 p.m. Thursday, May 21, 2015

Job growth continued in Georgia but a steady stream of new job-seekers hoping to find opportunities kept the unemployment rate at 6.3 percent in April, state officials said Thursday.It was the third consecutive month at 6.3 percent unemployment. A year ago, the jobless rate was 7.3 percent.The state’s economy added ...
ECB head Draghi: Growth is 'too low everywhere' in Europe
German Chancellor Angela Merkel, right, talks to Vice Chancellor and Economy Minister Sigmar Gabriel during a debate about the European Union and an Eastern Partnership with former Soviet Republics at the German parliament Bundestag, in Berlin, Germany, Thursday, May 21, 2015. (AP Photo/Markus Schreiber)

Updated: 4:39 p.m. Thursday, May 21, 2015

European Central Bank head Mario Draghi said that "growth is too low everywhere" in the 19-country eurozone despite a modest recovery. Draghi made the blunt remark as he opened a conference on the unemployment problem plaguing several of the European Union member countries that share the euro currency. "Recently, economic ...
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