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Economic sanctions spare Western-tied Russian fund
President Barack Obama pauses while speaking about the economy, Iraq, and Ukraine, Thursday, Aug. 28, 2014, in the James Brady Press Briefing Room of the White House in Washington, before convening a meeting with his national security team on the militant threat in Syria and Iraq. (AP Photo/Manuel Balce Ceneta)

Updated: 5:21 p.m. Friday, Aug. 29, 2014

Western business connections are complicating efforts to bring economic sanctions against executives and companies closely aligned with Russian President Vladimir Putin's inner circle. A prime example: the Russian Direct Investment Fund, a $10 billion sovereign wealth fund that's escaped sanctions in spite of international efforts to punish Russia for its ...

What to buy in September

5:15 p.m. Friday, Aug. 29, 2014

September kicks off with Labor Day, the last major shopping holiday before Black Friday. This year, Labor Day sales started early, but there’s still time to score a deal as many sales will extend through the first week of September, says Mark LoCastro, spokesman for consumer website DealNews.com. This is ...

Lawsuits claim Kia carmaker discrimination

4:32 p.m. Friday, Aug. 29, 2014

Two recent lawsuits claim Kia Motors, the west Georgia auto maker, discriminates against women, older workers, Americans and African-Americans. And the plaintiffs, two former employees of the Korean-owned factory, say they were fired after filing complaints with the Equal Employment Opportunity Commission. Robert Tyler, a former human resources manager, claims ...

Georgia Power preps for more nuclear projects
Work is already under way on two new reactors at Plant Vogtle, near Augusta.

4:29 p.m. Friday, Aug. 29, 2014

Georgia Power is inching closer to doubling down on what few utilities in the nation are willing to bet on: building more nuclear reactors. With work on two new reactors under way at Plant Vogtle, the company is considering asking state regulators as soon as next spring to let it ...

UPDATED: Time Warner, Vice end talks regarding HLN venture

Updated: 4:17 p.m. Friday, Aug. 29, 2014

Time Warner, the parent company of Turner Broadcasting, and Vice Media have ended talks about a partnership, the head of HLN said in a memo to staff Thursday.Albie Hecht sent a note to staff saying “negotiations with Vice have ended,” adding that “I want to thank each of you for ...

Parking Panda offers to ease headaches with online reservations
Parking Panda's website and app allows patrons to find, reserve and pay for guaranteed parking spaces in real time with payment via credit card. It’s similar to similar to Expedia for travel reservations.

12:26 p.m. Friday, Aug. 29, 2014

You have college football at the Georgia Dome, the Braves and Marlins at the Ted, DragonCon at the Hyatt Regency Atlanta and tons of other events that will draw thousands of vehicles competing for parking spaces around Atlanta this weekend. Parking Panda, an online parking reservation service that expanded to ...

Fiat-Chrysler stock should be on market soon

Updated: 1:00 p.m. Friday, Aug. 29, 2014

U.S. investors should soon be able to buy stock in Chrysler for the first time in seven years. Italy's Fiat and Chrysler are merging to form Fiat Chrysler Automobiles. Fiat said in a statement Friday that an ongoing tally of investors suggests there is not enough opposition to derail the ...

Here's what Uncle Sam does with your income taxes
The biggest chunk of your federal income tax dollars goes to the military and health care services. Both get about 25 percent, according to estimates from the White House.

9:32 a.m. Friday, Aug. 29, 2014

It’s probably obvious what your Social Security and Medicare taxes fund after Uncle Sam takes the money out of your paycheck, but do you know what he does with your income taxes?

Part-time questions, full-time jobs the answer, Fed says

8:52 a.m. Friday, Aug. 29, 2014

Roughly 7.5 million American work part-time even though they want full-time jobs.As the economy has gotten stronger, more part-timers have been sliding back into full-time jobs – but the shift back to full-time has been much slower than the flow into part-time work when the economy went bad.So while the ...

Feds reviewing Reynolds' deal to buy Lorillard

Updated: 8:05 a.m. Friday, Aug. 29, 2014

Federal regulators are putting Camel cigarette maker Reynolds American Inc.'s planned $25 billion takeover of rival Newport maker Lorillard Inc. under the microscope. The nation's second-biggest tobacco company said Friday that the Federal Trade Commission has asked for additional information as part of an antitrust review of the deal. The ...

Fiat investor tally shows Chrysler deal on course

Updated: 7:49 a.m. Friday, Aug. 29, 2014

Fiat says an ongoing tally of investors suggests there are not enough opposed to a merger with Chrysler to derail the deal. This month, Fiat shareholders overwhelming approved the merger, but Italian law gives dissenters the right to cash out. Fiat said that if investors cashed out more than 500 ...

Largest UK retailer warns on profits, shares drop

Updated: 6:58 a.m. Friday, Aug. 29, 2014

Tesco shares have dropped sharply after Britain's largest retailer by revenue issued another profit warning and slashed its dividend to shareholders by 75 percent. The supermarket giant says market conditions remained challenging, cutting its forecast for 2014-2015 trading profits to between 2.4 billion pounds ($3.9 billion) and 2.5 billion pounds. ...

Chinese e-commerce rivals challenge Alibaba

Updated: 6:12 a.m. Friday, Aug. 29, 2014

China's biggest property developer, Wanda Group, and Internet giants Baidu and Tencent unveiled a new e-commerce venture Friday in a challenge to industry leader Alibaba Group ahead of its U.S. stock offering. The three companies said they will integrate online and offline selling, with e-commerce services in Wanda's 107 shopping ...

Pregame film study shifts to phones, tablets
In this photo from Aug. 14, 2014, John Wirtz, Chief Product Officer of Hudl, speaks of his company's product in Lincoln, Neb. Hudl is a software company that has developed a way to immediately get game film to coaches after games and break down and separate different plays by type. (AP Photo/Nati Harnik)

Updated: 4:05 a.m. Friday, Aug. 29, 2014

Oklahoma cornerback Zack Sanchez had just found out the Sooners would be facing Alabama in the Sugar Bowl. Shortly thereafter, his game prep began. On his cell phone. Hours of digital video of his opponent was instantly available to be seen with the swipe of a screen while he walked ...

US bank earnings up 5.2 percent in 2Q

Updated: 6:15 p.m. Thursday, Aug. 28, 2014

U.S. banks' earnings rose 5.2 percent in the April-June quarter from a year earlier, as banks reduced their expenses and lending marked its fastest pace since 2007. The data issued Thursday by the Federal Deposit Insurance Corp. showed a robust picture as the banking industry continues to recover from the ...

JPMorgan investigating possible cyberattack

Updated: 5:29 p.m. Thursday, Aug. 28, 2014

JPMorgan Chase, the nation's biggest bank by assets, is working with law enforcement officials to investigate a possible cyberattack, said a person familiar with the situation who spoke on condition of anonymity, though the bank isn't currently seeing any unusual fraud activity at the time. Jamie Dimon, the bank's CEO, ...

A look at US, European sanctions on Russia
President Barack Obama gestures in the James Brady Press Briefing Room of the White House in Washington, Thursday, Aug. 28, 2014, where he spoke about the economy, Iraq, and Ukraine, before convening a meeting with his national security team on the militant threat in Syria and Iraq. (AP Photo/Evan Vucci)

Updated: 5:24 p.m. Thursday, Aug. 28, 2014

With Russian tanks apparently crossing into southeastern Ukraine, President Barack Obama is suggesting the possibility of more sanctions on Russia. The sanctions imposed so far have not deterred Russia, but uncertainty over their long-term impact has caused economic growth forecasts to plummet, prompted investors to pull money out of the ...

Georgia banks increase jobs and loans, despite slightly lower profits

4:33 p.m. Thursday, Aug. 28, 2014

Georgia’s banks continued to show improved vital signs in the first half of the year, with more profitable banks and more jobs.But not all things were headed in the right direction in the second quarter, almost seven years after the real estate crash led to widespread loan losses and unleashed ...

Obama touts revised economic growth numbers
President Barack Obama smiles in the James Brady Press Briefing Room of the White House in Washington, Thursday, Aug. 28, 2014, where he spoke about the economy, Iraq, and Ukraine, before convening a meeting with his national security team on the militant threat in Syria and Iraq. (AP Photo/Evan Vucci)

Updated: 5:11 p.m. Thursday, Aug. 28, 2014

New evidence of economic growth is heartening and underscores that companies are investing and consumers are spending, President Barack Obama said Thursday. "There are reasons to feel good about the direction we are heading," the president told reporters at the White House. Obama said he still wanted to push Congress ...

No. 2 House Republican faces unlikely challenge
This photo taken May 21, 2014, provided by Tanya X. Leonzo shows Raul Garcia standing in a grape vineyard in Bakersfield, Calif. Garcia is a virtually unknown Central California farmworker who got on the ballot as a write-in candidate for a house seat. Garcia has a question for incumbent, House Majority Leader Kevin McCarthy of Calif., “While we are waiting for you on immigration reform, who should be harvesting America’s food?”  (AP Photo/Tanya X. Leonzo)

Updated: 3:42 p.m. Thursday, Aug. 28, 2014

Raul Garcia has a question for Kevin McCarthy, the House's No. 2 Republican: "While we are waiting for you on immigration reform, who should be harvesting America's food?" It's a provocative query and the foundation of Garcia's long-shot challenge to McCarthy, a four-term incumbent who rose to power after another ...

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