Russell Grantham

Business Reporter

Russell Grantham has been covering banking, taxes and the Georgia economy for The Atlanta Journal-Constitution since 2000.

Latest from Russell Grantham

Gwinnett solar firm wins U.S. support for charges of unfair trade
 The U.S. International Trade Commission on Friday agreed with a bankrupt Gwinnett company’s complaint that America is being flooded with cheap imported solar cells, setting up a potential trade battle with China or other countries that export solar panels. Norcross-based Suniva said it was “gratified” by the trade commission&rsquo...

Posted: 23 minutes ago

The U.S. International Trade Commission on Friday agreed with a bankrupt Gwinnett company’s complaint that America is being flooded with cheap imported solar cells, setting up a potential trade battle with China or other countries that export solar panels. Norcross-based Suniva said it was “gratified” by the trade commission&rsquo...
Equifax apologizes for sending people to fake company website
 Equifax linked people to a fake online site that mimicked the link for its site on its massive Sept. 7 security breach that affected 143 million Americans. After the breach, which involved Social Security numbers and other key identifying information, Equifax set up a site, equifaxsecurity2017.com, that directed people to information on the...

Posted: 8 hours ago

Equifax linked people to a fake online site that mimicked the link for its site on its massive Sept. 7 security breach that affected 143 million Americans. After the breach, which involved Social Security numbers and other key identifying information, Equifax set up a site, equifaxsecurity2017.com, that directed people to information on the...
Atlanta software company says it’s adding 500 jobs
 Atlanta software company OneTrust said it expects to add 500 jobs locally over the next several years and to invest $5 million in a Fulton County expansion. The company, which currently has about 200 employees in Atlanta, London, and other locations, including Asia, produces privacy management software that helps companies comply with privacy...

Posted: 23 hours ago

Atlanta software company OneTrust said it expects to add 500 jobs locally over the next several years and to invest $5 million in a Fulton County expansion. The company, which currently has about 200 employees in Atlanta, London, and other locations, including Asia, produces privacy management software that helps companies comply with privacy...
Feds investigating Plant Vogtle nuke project’s twin in South Carolina
 SCANA Corp. said Thursday that federal investigators are seeking information on a South Carolina nuclear plant project that was shut down in late July. The South Carolina utility said it received a subpoena from the U.S. Attorney’s Office seeking “a broad range of documents related to the project.” The company...

Posted: a day ago

SCANA Corp. said Thursday that federal investigators are seeking information on a South Carolina nuclear plant project that was shut down in late July. The South Carolina utility said it received a subpoena from the U.S. Attorney’s Office seeking “a broad range of documents related to the project.” The company...
Equifax’s rapid growth probably added to its hacking risk, experts say
 Until a dozen years ago, Equifax Corp. quietly made most of its money helping banks and other lenders figure out which U.S. customers were a safe bet for a mortgage, auto loan or credit card. Then Richard Smith, was hired on as the Atlanta company’s new chief executive in 2005. The former General Electric executive quickly embarked...

Posted: a day ago

Until a dozen years ago, Equifax Corp. quietly made most of its money helping banks and other lenders figure out which U.S. customers were a safe bet for a mortgage, auto loan or credit card. Then Richard Smith, was hired on as the Atlanta company’s new chief executive in 2005. The former General Electric executive quickly embarked...
Media report: Feds investigating top Equifax executives’ stock trading
 The Department of Justice is investigating three top Equifax executives’ stock trades to see whether they violated insider trading laws, according to a media report Monday. Bloomberg reported that the federal agency probe is focused on its chief financial officer and presidents of two business units who sold a combined $1.8 million...

Posted: 4 days ago

The Department of Justice is investigating three top Equifax executives’ stock trades to see whether they violated insider trading laws, according to a media report Monday. Bloomberg reported that the federal agency probe is focused on its chief financial officer and presidents of two business units who sold a combined $1.8 million...
SEC: SunTrust pays $1.1 million for steering clients to costly funds
 SunTrust Banks agreed to pay a $1.1 million penalty after a federal agency accused the Atlanta-based bank of steering investors to more costly mutual funds and pocketing part of the money. The federal Securities and Exchange Commission said SunTrust betrayed its clients by selling them mutual fund shares that charge extra fees, called 12b-1...

Posted: 4 days ago

SunTrust Banks agreed to pay a $1.1 million penalty after a federal agency accused the Atlanta-based bank of steering investors to more costly mutual funds and pocketing part of the money. The federal Securities and Exchange Commission said SunTrust betrayed its clients by selling them mutual fund shares that charge extra fees, called 12b-1...
Two top Equifax executives step down Friday after massive data breach
 Equifax Corp. said late Friday that two of its top executives are retiring in the wake of the embattled Atlanta company’s recent disclosure that hackers got away with sensitive information, including Social Security numbers, on 143 million people. The company, which is one of the nation’s three key credit-tracking agencies, said...

Posted: 6 days ago

Equifax Corp. said late Friday that two of its top executives are retiring in the wake of the embattled Atlanta company’s recent disclosure that hackers got away with sensitive information, including Social Security numbers, on 143 million people. The company, which is one of the nation’s three key credit-tracking agencies, said...
Georgia utilities say power restored to almost 95 percent of customers
 The number of Georgia homes and businesses without power dropped below 100,000 on Friday for the first time since Tropical Storm Irma roared into the state. The storm had knocked out power to about 1.5 million customers in the state on Monday, more than a third of them in metro Atlanta. By Friday afternoon, the state’s utilities reported...

Posted: 7 days ago

The number of Georgia homes and businesses without power dropped below 100,000 on Friday for the first time since Tropical Storm Irma roared into the state. The storm had knocked out power to about 1.5 million customers in the state on Monday, more than a third of them in metro Atlanta. By Friday afternoon, the state’s utilities reported...
Equifax raiders have your data. Now what?
 It’s a modern-day nightmare. Everyone fears a massive hack in which millions of Americans’ Social Security numbers, driver’s license information and credit card numbers are compromised, leaving them vulnerable to identity thieves who seek to wreak financial havoc. That’s the reality that Atlanta-based Equifax Corp...

Posted: 7 days ago

It’s a modern-day nightmare. Everyone fears a massive hack in which millions of Americans’ Social Security numbers, driver’s license information and credit card numbers are compromised, leaving them vulnerable to identity thieves who seek to wreak financial havoc. That’s the reality that Atlanta-based Equifax Corp...
Georgia lawmakers want Equifax probe before sanctions
 The Senate’s top Democrat compared Atlanta-based credit bureau Equifax to the beleaguered company Enron on Thursday and called on Equifax’s board and CEO to step aside if they can’t commit to protecting the 143 million Americans whose personal information was compromised in a whopping data breach. Senate Minority Leader...

Posted: 7 days ago

The Senate’s top Democrat compared Atlanta-based credit bureau Equifax to the beleaguered company Enron on Thursday and called on Equifax’s board and CEO to step aside if they can’t commit to protecting the 143 million Americans whose personal information was compromised in a whopping data breach. Senate Minority Leader...