Business


Cartersville start-up Commuter Craft developing new airplane

Since Richard Hogan was a boy, watching military planes fly from the Air Force base not far from his home, he’s been drawing designs for new aircraft. He dreamed of being a pilot. But when he was 12 years old, his grandfather took him for ice cream and a frank talk. “He said, ‘Richard, your eyes aren’t good enough’” to be a pilot. His grandfather suggested he consider...


Guns seized at Hartsfield-Jackson checkpoints set national record

Guns seized at Hartsfield-Jackson checkpoints set national record

More guns have been seized at Hartsfield-Jackson International’s security checkpoints in 2018 than at any other airport in the nation, setting a record even before the year is out. The Atlanta airport has held the No. 1 spot in the nation for guns uncovered at checkpoints for the last two years.
Amazon headquarters decision: It’s not Atlanta

Amazon headquarters decision: It’s not Atlanta

In the end, Georgia didn’t convince Amazon that Atlanta is the best location for its second headquarters. Or even the second best. The Seattle-based tech giant made it official Tuesday, announcing that it will split its proposed $5 billion HQ2 project into two operations. One will be in New York’s Long Island City in Queens and the other in Arlington, Va.
UPS Freight workers approve new labor contract, avoiding strike

UPS Freight workers approve new labor contract, avoiding strike

UPS Freight workers have approved a new labor contract, averting the risk of the company’s first strike in more than two decades. The company said it will resume normal operations “and will immediately begin accepting new volume from UPS Freight customers.
Delta adding de-icing trucks to fleet at Atlanta airport

Delta adding de-icing trucks to fleet at Atlanta airport

Delta Air Lines is adding more de-icing vehicles at Hartsfield-Jackson International Airport, in a move to ease flight delays and cancellations in the winter months. Atlanta-based Delta is adding 20 new de-ice trucks at the world’s busiest airport, where it operates its largest hub.
Justice Department sues UBS over financial crisis

Justice Department sues UBS over financial crisis

U.S. Justice Department officials in Atlanta on Thursday announced a long-awaited, high-stakes lawsuit against a Swiss banking behemoth for its actions leading up to the financial crisis a decade ago. UBS and its subsidiaries had backed more than $41 billion in mortgage loans as part of a series of deals that became “catastrophic failures,” according to a statement issued by U.S....
Wes Moss: Good news for those who got slow start on retirement savings

Wes Moss: Good news for those who got slow start on retirement savings

Do you have enough saved for retirement? Probably not, if you are basing your analysis on numbers touted by Wall Street and the financial media. But it’s your retirement, not theirs. You only need enough money to be happy; however that looks to you. And a happy retirement is about more than money. A lot more.
Record number of stores will be closed Thanksgiving Day

Record number of stores will be closed Thanksgiving Day

The holiday shopping season officially kicks off the day after Thanksgiving, with many stores opening Thanksgiving Day. » Walmart to throw cookies-and-coffee party before sale begins Thanksgiving This year, however, a record number of retailers have decided not to open Thanksgiving Day. BestBlackFriday.
Walmart to throw cookies-and-coffee party before sale begins Thanksgiving

Walmart to throw cookies-and-coffee party before sale begins Thanksgiving

Walmart isn’t waiting until Black Friday to roll out its deals.  The retail giant begins introducing online deals Nov. 8, with all deals appearing on walmart.com at 10 p.m. ET on Nov. 21 — the day before Thanksgiving. You can preview the sale now.
Why more people are relocating to 'secondary' cities like Atlanta

Why more people are relocating to 'secondary' cities like Atlanta

As they began planning their future together, Ashley Brown and her fiance, Aaron Shuman, concluded that they could no longer remain in Los Angeles because it was getting much too expensive. "Our rent in L.A. was $1,500 for a tiny, 650-square-foot apartment with no amenities," says Brown, 29, a native New Yorker, actress and New York University graduate.
Delta passenger’s run-in with emotional support dog feces sparks scrutiny

Delta passenger’s run-in with emotional support dog feces sparks scrutiny

An incident in which a Delta Air Lines passenger sat in his seat on the plane and ended up with dog feces on his shoes and pants is sparking scrutiny. According to Delta, “On the previous flight, an emotional support animal became ill and the area around his seat was not appropriately cleaned following the incident.” The passenger on the Nov.
Tight race forces runoff in one Georgia PSC contest

Tight race forces runoff in one Georgia PSC contest

One of the two Public Service Commission races may be headed for a runoff. Unofficial results from the Georgia Secretary of State’s office show that none of the candidates - Republican Chuck Eaton, Democrat Lindy Miller or Libertarian Ryan Graham - garnered enough votes for a clear win on Tuesday. Eaton and Miller, the two top vote-getters, will face off again Dec. 4.
Georgia construction sector may run short on workers

Georgia construction sector may run short on workers

The construction sector in Georgia has done so well it seems to be out-pacing the economy’s ability to fuel its growth. Even while there’s murmuring about a possible recession, industry leaders say they expect the economy to keep expanding, but they have reached the point where more construction spending is testing their ability to do the work.
Delta's Election Day commercial shows different perspective

Delta's Election Day commercial shows different perspective

Delta Air Lines took the unusual step of debuting an Election Day commercial, showing aerial views of the country. Atlanta-based Delta’s CEO Ed Bastian explained the company’s decision on the national advertisement in a LinkedIn post. He closes the post by writing: “I hope you will be reminded of the opportunities we have every day to bring people together.
North GA chicken firm pays $2.25 million to settle collusion claims

North GA chicken firm pays $2.25 million to settle collusion claims

Fieldale Farms, a Baldwin, Ga., chicken producer, has agreed to pay $2.2. million to extract itself from a federal, class-action lawsuit alleging massive price fixing by the major players in the broiler industry, a conspiracy the plaintiffs say was aided by the Georgia Department of Agriculture.
Election overload: How to avoid talking politics at work

Election overload: How to avoid talking politics at work

It’s that time, again. No, not just time to vote in the midterm elections. The calendar has also arrived at the prime time that conversations move to politics in the office. There have likely been contentious political conversations chattering away in every private corner of the county − from Facebook to daycare to the corner bar.
Economy on Election Day: important, but not No. 1 concern

Economy on Election Day: important, but not No. 1 concern

After a bitter recession, metro Atlanta has added 367,000 jobs in the past five years, including 60,300 in the 12 months. Historically, that good news would have been an ace in the hole for incumbents as voters head to the polls on Tuesday. Elections often turn on the economy. But this one, not so much, political observers say.
As stock market swings, Atlanta’s money managers hold on

As stock market swings, Atlanta’s money managers hold on

For Atlanta’s money managers, the roller-coaster stock market the past two months is a test of their resolve to look beyond the daily fluctuations while constantly assessing the meaning and cause of the current ride. There’s a lot at stake – for the economy, as well as the clients whose wealth is in their hands.
Where Jeff Bezos' jet flies most - and what it might say about Amazon's second headquarters

Where Jeff Bezos' jet flies most - and what it might say about Amazon's second headquarters

Amazon.com executives toured all 20 of the finalist locations the company is considering for its second headquarters and its 50,000 jobs.  » RELATED: Amazon could make northern Virginia its second home But how many of the cities has company founder Jeff Bezos visited himself in search of the best site for his company?  It's impossible to know for sure.
Porsche boosting classic restoration, parts business

Porsche boosting classic restoration, parts business

Porsche is putting greater emphasis on its Porsche Classic business initiatives in order to capitalize on the booming auto restoration and parts market, said officials of the German sports car manufacturer.
Election day on a work day; democracy dampens productivity

Election day on a work day; democracy dampens productivity

Voting doesn’t cost money, but it does take time away from making money. Voters can be late to work because they were at the polls. Or perhaps they leave work early to get to the polls. And many workers will be sneaking peaks at online reports, reading commentary or talking with colleagues about the election.
UPS preparing for potential for strike affecting freight customers

UPS preparing for potential for strike affecting freight customers

Sandy Springs-based UPS is telling its freight customers to make alternative shipping plans because of the potential of a strike as a union contract vote looms. UPS Freight, which handles bulk shipments on pallets from shippers to stores and other businesses, has about 11,000 workers represented by the Teamsters who will vote on a re-negotiated labor deal by Nov. 11.
UPS preparing for potential for strike affecting freight customers

UPS preparing for potential for strike affecting freight customers

Sandy Springs-based UPS is telling its freight customers to make alternative shipping plans because of the potential of a strike as a union contract vote looms. UPS Freight, which handles bulk shipments on pallets from shippers to stores and other businesses, has about 11,000 workers represented by the Teamsters who will vote on a re-negotiated labor deal by Nov. 11.
Maker of off-road motorsports components to open Hall County factory

Maker of off-road motorsports components to open Hall County factory

A California company that makes high-performance specialty parts for bicycles, motorcycles and off-road vehicles plans to open a new manufacturing facility near Gainesville. Fox Factory Holding Corp. plans to open its new manufacturing plant on a 23-acre site in Hall County and hire 800 people over the next several years, the company said Wednesday.
Report: Norfolk Southern won’t move to Atlanta without Gulch deal

Report: Norfolk Southern won’t move to Atlanta without Gulch deal

The CEO of Norfolk Southern reportedly said in an interview Wednesday his company won’t move its headquarters to Atlanta if the City Council spikes a development deal for downtown’s Gulch. The ultimatum comes just days before the council is expected to vote Monday on a blockbuster $1.9 billion financing package for the planned $5 billion downtown project.
DIGGING DEEPER: Georgia Power electricity rates rising

DIGGING DEEPER: Georgia Power electricity rates rising

It used to be that millions of Georgians got a bargain on their monthly electric bills, paying Georgia Power residential rates that were nearly 10 percent lower than the national average. But in the last decade most of that advantage has slipped away.
City Council members grill Atlanta officials over Gulch project

City Council members grill Atlanta officials over Gulch project

Atlanta City Council members on Tuesday peppered the city’s negotiating team on the $5 billion Gulch development proposal, with a likely vote looming Monday that could reshape downtown. During a marathon work session at City Hall, council members sought answers about the public commitment of up to $1.
WestJet to launch flights to Atlanta

WestJet to launch flights to Atlanta

WestJet, a Canadian carrier, announced it will launch flights to Atlanta next spring. The new route to be operated by WestJet, a partner of Delta Air Lines, will be Atlanta-Calgary. It will be the only airline to fly nonstop from Atlanta to Calgary, where WestJet operates more flights than any other airline.
Atlanta home sales trend with U.S.; buyers more cautious

Atlanta home sales trend with U.S.; buyers more cautious

Atlanta’s average home prices are up 5.8 percent since last year, according to a high-profile report on the nation’s housing market issued Tuesday. Atlanta’s price increases slowed slightly at summer’s end, leaving the region ranking 10th for yearly increases among the nation’s metro areas, according to the S&P CoreLogic Case-Shiller Index.
Highly-prized Porsches net $25.8 million in sales at Atlanta auction

Highly-prized Porsches net $25.8 million in sales at Atlanta auction

Several dozen of the world’s most sought-after cars generated more than $25 million during RM Sotherby’s Porsche 70th Anniversary Auction. The event, held last weekend at Porsche’s North America headquarters in Atlanta, showcased 63 of the world’s best privately-owned vehicles.
Delta shows off new Airbus A220 jet

Delta shows off new Airbus A220 jet

On the 10-year anniversary of Delta Air Lines’ merger with Northwest Airlines, Delta employees got a glimpse of a new jet that the carrier will use to upgrade its fleet. The 109-seat Airbus A220-100 has wider seats, large overhead bins and bigger windows — there’s even a window in one of the lavatories in the back of the plane.
The Atlanta Gulch deal explained: What you need to know about the proposal

The Atlanta Gulch deal explained: What you need to know about the proposal

California-based developer CIM Group envisions a mini-city in Atlanta’s Gulch. It’s a project that has the potential to transform downtown. But it’s also a project that comes with a big price tag: up to $5 billion to construct the mixed-use complex, with the developer asking for up to $1.9 billion in public financing.
Delta’s first black flight dispatcher retires after 50-year career

Delta’s first black flight dispatcher retires after 50-year career

When Joe Jackson walked into flight control at Delta Air Lines on his first day as an assistant dispatcher in 1980, he noticed something. “I didn’t see anyone else” who was black, said Jackson, who was 32 at the time. “The first time I came in and I looked around, the only thing I saw was older white men.
BlackRock to open tech hub in Atlanta with 1,000 jobs

BlackRock to open tech hub in Atlanta with 1,000 jobs

Investment giant BlackRock, one of the world’s elite financial services and asset management companies, announced plans Thursday to open a new innovation center in Atlanta, where it expects to locate about 1,000 jobs over the next several years. The announcement by New York-based investment firm, which manages more than $6.
Atlanta jobs and wages rise — along with hopes for holiday hiring

Atlanta jobs and wages rise — along with hopes for holiday hiring

Defying the local trend of a September hiring lull, metro Atlanta’s economy added jobs last month, according to a report Thursday from the Georgia Department of Labor. Despite worries about a trade war with China or the ups and downs of the stock market, companies are adding employees and many blue-collar workers are starting to see higher wages.
BlackRock plans 1,000-job innovation center in Atlanta

BlackRock plans 1,000-job innovation center in Atlanta

Investment giant BlackRock announced plans Thursday to open a new innovation center in Atlanta, where it expects to locate about 1,000 jobs. In a press release from Gov. Nathan Deal’s office offered few details about the complex and did not say where in the city it will be located.
Hartsfield-Jackson contracts to shift with merger of concessionaires

Hartsfield-Jackson contracts to shift with merger of concessionaires

With two Atlanta-based concessionaires merging, Hartsfield-Jackson International AIrport is seeking approval to assign airport contracts held by Hojeij Branded Foods to Paradies Lagardère. Lagardère Travel Retail struck a deal to pay $330 million for Hojeij, an Atlanta-based airport restaurant operator.
Seattle company backed by Google picks Atlanta for hundreds of jobs

Seattle company backed by Google picks Atlanta for hundreds of jobs

A Seattle-based company backed by Amazon founder Jeff Bezos says it has picked Atlanta for its second big office, but the project isn’t Amazon’s hotly pursued second headquarters. Convoy, which also landed funding from Google, Microsoft’s Bill Gates and others, is hoping to shake up the nation’s trucking industry.
UPS plans to handle 800 million deliveries over holiday season

UPS plans to handle 800 million deliveries over holiday season

Sandy Springs-based UPS plans to deliver more than 800 million packages during the busy holiday period this year, up from 762 million in the same period last year. The company expects record demand between Black Friday and New Year’s Day. On peak days, UPS plans to deliver more than 30 million packages a day.
Delta to cut use of plastic straws, utensils, stir sticks and wrappers

Delta to cut use of plastic straws, utensils, stir sticks and wrappers

Delta Air Lines says it plans to cut the use of plastic straws, stir sticks, wrappers and utensils on flights and in its airport Sky Clubs.  But the shift will not be immediate. On flights, Atlanta-based Delta said it will eliminate red plastic straws and stir sticks and replace them with bamboo stirrers and birch stir sticks starting in mid-2019.
Atlanta airport pedestrian bridges to cost $55 million

Atlanta airport pedestrian bridges to cost $55 million

Hartsfield-Jackson International Airport officials are seeking approval of funding for pedestrian bridges that are expected to cost a total of $55 million. The pedestrian bridges will be built between the parking decks and the domestic terminal, allowing travelers to walk from parking to the terminal without dodging traffic.
Atlanta City Hall releases new deal terms for $5B Gulch project

Atlanta City Hall releases new deal terms for $5B Gulch project

Atlanta Mayor Keisha Lance Bottoms’ office on Tuesday released new terms for a proposed public financing package for the $5 billion development of downtown’s Gulch that removes a controversial extension of a special taxing district. The new deal reduces its dependence on bond financing, reducing long-term borrowing costs - including interest - that future tax dollars would cover.
Campaign cash flows into Georgia PSC races

Campaign cash flows into Georgia PSC races

Update: An earlier version of this story incorrectly reported the impact of a 2011 campaign finance law as it relates to the Georgia Public Service Commission (PSC). The 2011 state law addressed entities regulated by the PSC and the rules governing their political giving.
OSHA court case shows limits on safety inspections

OSHA court case shows limits on safety inspections

More employers could be emboldened to block federal workplace safety inspections after a court ruling involving a Georgia chicken plant where an inspector investigating a worker injury was told to put a box over her head to avoid seeing other hazards.
NCR to buy payment processor JetPay for $184 million

NCR to buy payment processor JetPay for $184 million

Atlanta-based NCR, which makes ATMs and checkout systems, on Monday announced a deal to buy a Pennsylvania company that processes payments. NCR said it will buy JetPay for $184 million through existing cash and credit lines, and the deal has been approved by the boards of both companies. NCR said it will add JetPay’s cloud-based payments technology into its checkout systems.
You now have until Nov. 16 to nominate your company for AJC’s Top Workplaces 

You now have until Nov. 16 to nominate your company for AJC’s Top Workplaces 

You say you work for a great company with an encouraging and inclusive atmosphere. You say you have good benefits. You say your bosses are fair, sympathetic, understanding. Then why not share the good news? And there’s still time to do it because the nomination deadline has been extended to Nov. 16.
Third Atlanta City Council vote on Gulch deal postponed

Third Atlanta City Council vote on Gulch deal postponed

Mayor Keisha Lance Bottoms’ office on Friday scrapped a planned City Council vote set for Wednesday on the controversial public financing package for downtown Atlanta’s $5 billion Gulch project, marking at least the third time a vote has been scuttled since September.
Techstars Atlanta effort to spur growth

Techstars Atlanta effort to spur growth

Tech accounted last year for nearly 300,000 jobs with average pay of $85,681 a year and a total payroll of more than $25 billion, according to the Technology Association of Georgia. The region is a leader in some tech specialties, like fintech, the software behind credit card transactions and credit processing. But much of it starts small.
Phipps Plaza breaks ground on luxury remodel, seeks tax break

Phipps Plaza breaks ground on luxury remodel, seeks tax break

Crews in hard hats are about to make Atlanta’s fanciest mall less mall-like. The $300 million remake for Phipps Plaza in Buckhead will include plenty of upscale additions, with one important exception: No new retail stores. In fact, the mall is dropping from three anchor department stores to two, with the recent closing of Belk.
UPDATED: Atlanta City Council to hold special meeting to consider Gulch deal

UPDATED: Atlanta City Council to hold special meeting to consider Gulch deal

The Atlanta City Council is expected to hold a special meeting next week to consider a public financing package for downtown’s $5 billion Gulch project.  Mayor Keisha Lance Bottoms’ office called for a noon Wednesday hearing, but as of Thursday afternoon, the council hadn’t received the final Gulch legislation.
Coca-Cola gives $2 million for youth programs in Atlanta

Coca-Cola gives $2 million for youth programs in Atlanta

The Coca-Cola Foundation has donated $2 million to support youth development programs in Atlanta. The grant to the Atlanta Police Foundation’s Vision Safe Atlanta campaign will fund programs like the At-Promise Center. The Center serves more than 300 at-risk youths who live on the city’s Westside, providing educational and professional development opportunities.
Atlanta organization says more businesswomen should run for office

Atlanta organization says more businesswomen should run for office

Her plan was to wait until she turned 40 before entering the world of politics. But at age 27, while pursuing her master’s degree in business administration and working as a lawyer, Dar’shun Kendrick saw an opening. The incumbent state representative in her district had opted not to seek reelection. Kendrick decided to go for it.
Georgia job growth strong heading toward holiday hiring

Georgia job growth strong heading toward holiday hiring

The Georgia economy added 15,300 jobs in September, the best month for hiring so far this year, according to the state’s labor department. Hiring often decelerates coming into the fall, but not this time: Georgia has now added 81,300 jobs as it heads into the fourth quarter, a period in which there is generally a flurry of hiring to cover holiday business. The state has 4.
Brian Smith appointed president of Coca-Cola

Brian Smith appointed president of Coca-Cola

The board of directors of the Coca-Cola company on Thursday announced key top leadership changes, including the appointment of Brian Smith as the company’s next president. In addition to president, Smith, currently head of the company’s Europe, Middle East and Africa group, will also take on the role of chief operating officer. He will assume his new role Jan.
Pilot job fair to be held in Atlanta

Pilot job fair to be held in Atlanta

A pilot job fair is planned for Atlanta this Saturday, with airlines hiring qualified pilots and a forum for aspiring pilots. The job fair will be held Oct. 20 by Future & Active Pilot Advisors (FAPA) at the Hilton Atlanta Downtown at 255 Courtland Street NE. From 9 a.m.
Delta Air Lines CEO says free in-flight Wi-Fi could take years

Delta Air Lines CEO says free in-flight Wi-Fi could take years

Delta Air Lines CEO Ed Bastian said he wants to eventually make in-flight Wi-Fi free, but it could be two to three years before that happens. That’s partly because the technology is not yet up to par, Bastian said. “I don’t think our customers should have to pay for Wi-Fi in the air,” Bastian said.
Atlanta home sales dive from year ago

Atlanta home sales dive from year ago

The retreat in Atlanta’s housing market is becoming a rout: the number of home sales last month took a double-digit tumble from a year ago, according to two reports issued this week. While the reports do not track exactly the same turf, they paint similar pictures of a cooling market: The Atlanta Realtors Association reports that sales were off 10.
Mayor Bottoms names Atlanta’s first chief housing officer

Mayor Bottoms names Atlanta’s first chief housing officer

Atlanta Mayor Keisha Lance Bottoms on Tuesday announced the appointment of the city’s first chief housing officer, a new cabinet position tasked with helping the mayor fulfill one of her most ambitious campaign pledges.
In aftermath of Hurricane Michael, Delta extends change fee waiver for Panama City

In aftermath of Hurricane Michael, Delta extends change fee waiver for Panama City

With Panama City, Fla. heavily battered by Hurricane Michael, Delta Air Lines has extended its waiver of change fees for travelers with flights booked to the city’s Northwest Florida Beaches International Airport. Atlanta-based Delta is extending through Oct. 20 its waiver of certain change fees for passengers with flights booked to, from or through Panama City.
Kmart plans to close its last Georgia stores

Kmart plans to close its last Georgia stores

A big national retailer is closing its last stores in Georgia, where it once reportedly considered moving its headquarters. Kmart, which in years past had dozens of stores in the state, is shutting the only two Georgia stores the chain lists online. One is in Peachtree City. The other is in Covington. A company spokesman wasn’t immediately available for comment.
Plant Vogtle at center of Ga. PSC race as incumbents fight to hold seats

Plant Vogtle at center of Ga. PSC race as incumbents fight to hold seats

The state’s Public Service Commission impacts the wallets of millions of electricity and natural gas customers, yet the five regulators are among the least known elected officials in Georgia. Still, the low-profile state body suddenly finds itself in the crosshairs of a statewide debate that has reared its head just weeks before the Nov. 6 elections. Recent news of an additional $2.
Salesforce to add 600 jobs, double presence in Atlanta

Salesforce to add 600 jobs, double presence in Atlanta

Salesforce will announce plans today to expand its Atlanta office, adding 600 jobs and doubling its presence here. The San Francisco-based software company, which has an office in Buckhead, has annual revenue of about $10 billion.
Sears bankruptcy: In metro Atlanta, few stores remain 

Sears bankruptcy: In metro Atlanta, few stores remain 

Sears, once the mightiest of American retailers, was an endangered species in metro Atlanta even before it filed for bankruptcy protection Monday. Even before waves of recent closures in the region, it had receded in the minds of shoppers, retail observers say. “Sears has been irrelevant for a number of years,” said Ken Bernhardt, a former Georgia State University marketing professor....
Atlanta mayor, CIM alter Gulch financing deal

Atlanta mayor, CIM alter Gulch financing deal

Atlanta Mayor Keisha Lance Bottoms on Monday said the city and developer CIM Group agreed to new terms on a public financing package for the $5 billion Gulch project, after the original deal appeared destined for failure before City Council.
John Selden confirmed as new Hartsfield-Jackson general manager

John Selden confirmed as new Hartsfield-Jackson general manager

The appointment of the next general manager of Hartsfield-Jackson International Airport, John Selden, has been confirmed by the Atlanta City Council. The city council approved the appointment of Selden at its meeting Monday, after votes in favor by the council’s transportation committee and committee on council.
UPS ramps up operations of massive Southeast regional hub in Atlanta

UPS ramps up operations of massive Southeast regional hub in Atlanta

Spanning the size of 19 football fields, a massive new UPS Southeast shipping hub in Atlanta is aimed at helping the company sort millions of packages as online shopping continues to skyrocket. Sandy Springs-based UPS is getting about $50 million in city, county and state tax incentives for the highly-automated regional hub next to Fulton County Airport.
UPS to hold job fairs across country Friday

UPS to hold job fairs across country Friday

UPS announced plans for a seasonal hiring blitz with job fairs across the country this Friday. The Sandy Springs-based shipping giant will hold 170 job fairs nationally with plans to hire 40,000 people in one day, which it is calling “Brown Friday.
UPDATED: Atlanta, CIM Group reach new terms on Gulch deal, mayor says

UPDATED: Atlanta, CIM Group reach new terms on Gulch deal, mayor says

UPDATE: Atlanta Mayor Keisha Lance Bottoms will present new amendments to a proposed public financing package that will shorten the length of one of the incentive programs to help fund the $5 billion redevelopment of downtown’s Gulch, the mayor’s office said Monday in a news release.
City of Atlanta, Gulch developer in talks to revise deal

City of Atlanta, Gulch developer in talks to revise deal

Developer CIM Group and the city of Atlanta are locked in 11th-hour negotiations on a public financing package to support the $5 billion project aimed at transforming downtown’s Gulch. Mayor Keisha Lance Bottoms has pushed for a Monday City Council vote on the current proposal, which calls for up to $1.75 billion in public financing. But that plan might have hit a wall.
Delta resumes flights at Panama City Beach Airport

Delta resumes flights at Panama City Beach Airport

Delta Air Lines has resumed flights at Panama City Beach Airport in the wake of Hurricane Michael. Atlanta-based Delta said Friday morning marked the arrival of its first flight at Panama City Beach since the hurricane. The airline had already resumed flights Thursday to other airports in Michael’s path.
Sudden fires: Center seeks recall of 2.9 million Kia, Hyundai vehicles

Sudden fires: Center seeks recall of 2.9 million Kia, Hyundai vehicles

A consumer watchdog group is calling for Kia and Hyundai to recall nearly three million vehicles, including some made in Georgia, over persistent concerns about sudden fires. The push Friday by the Center for Auto Safety goes beyond its earlier request for a broader federal investigation into the fires.
Gov. Deal announces plans for aviation academy at Paulding airport

Gov. Deal announces plans for aviation academy at Paulding airport

Gov. Nathan Deal unveiled plans on Friday for a $35 million aviation academy to train aircraft mechanics at the Paulding County airport, a plan that could effectively block efforts to commercialize a second airport in metro Atlanta.
Atlanta gas prices were rising even before Hurricane Michael

Atlanta gas prices were rising even before Hurricane Michael

Atlanta drivers are not getting the usual autumn discount on gas prices and that hurricane whipping through the Southeast helped insure that they won’t see that seasonal drop anytime soon. The average price of regular gasoline was $2.85 a gallon in metro Atlanta mid-week, 37 cents higher than the same time a year ago, according to AtlantaGasPrices, a subsidiary of Gas Buddy.
Andrew Young urges Atlanta City Council support for Gulch proposal

Andrew Young urges Atlanta City Council support for Gulch proposal

Former Atlanta Mayor and U.N. Ambassador Andrew Young has written a letter in support of the Gulch development as City Council prepares for a potential Monday vote on a possible $1.75 billion public financing package for the deal.
Wes Moss: What you need to understand about asset allocation

Wes Moss: What you need to understand about asset allocation

Asset allocation is probably something you’ve heard about in the game of investing. But do you truly understand it, and how you are supposed to be using it? There’s no exact dictionary definition for Asset Allocation. It’s Finance 101 jargon, sure, but it’s typically a key component of portfolio health and few really understand it.
Hurricane Michael: Atlantans face a reckoning at the beach

Hurricane Michael: Atlantans face a reckoning at the beach

Metro Atlantans are only gradually digesting just how brutally Hurricane Michael treated the Gulf Coast region they have flocked to, invested in, vacationed at, partied with and cherished for generations. It wasn’t pleasant. Paradise took a beating.
Delta reports $1.3 billion quarterly profit

Delta reports $1.3 billion quarterly profit

Delta Air Lines reported a profit of $1.3 billion for the third quarter, up 13 percent from a year ago despite higher fuel costs and a $30 million hit from Hurricane Florence. With passengers paying more for premium tickets, Delta president Glen Hauenstein said in a written statement, the company had “record revenues” in the third quarter, which ended Sept 30.
Hartsfield-Jackson to hold career fair Oct. 30

Hartsfield-Jackson to hold career fair Oct. 30

Hartsfield-Jackson International Airport plans to host a career fair Oct. 30 to fill more than 2,000 jobs at airport businesses. The event will be held from 10 a.m. to 2 p.m. at the Georgia International Convention Center.
Delta reports $1.3 billion quarterly profit

Delta reports $1.3 billion quarterly profit

Delta Air Lines reported a profit of $1.3 billion for the third quarter, up 13 percent from a year earlier despite higher fuel costs and a $30 million hit from Hurricane Florence. With passengers paying more for premium tickets, Delta president Glen Hauenstein said in a written statement that the company had “record revenues” in the third quarter ended in Sept 30.
UPS expands My Choice delivery planning service to Africa, Asia, South America

UPS expands My Choice delivery planning service to Africa, Asia, South America

UPS is expanding its My Choice delivery planning service to 96 more countries. Sandy Springs-based UPS is introducing the service in Asia, Africa, South America, Central America, the Caribbean and Oceania. After the expansion is complete later this year, UPS will have the service in a total of 112 countries.
Delta restarts flights in cities Hurricane Michael passed through

Delta restarts flights in cities Hurricane Michael passed through

Delta Air Lines said Thursday it has “largely resumed” flights in cities that Hurricane Michael passed through. However, Panama City Beach Airport remains closed until Friday afternoon due to damage to the terminal and airport infrastructure, according to Delta.
Delta cancels 80 flights due to Hurricane Michael, Hartsfield-Jackson monitoring storm

Delta cancels 80 flights due to Hurricane Michael, Hartsfield-Jackson monitoring storm

Delta Air Lines has canceled about 80 flights due to Hurricane Michael. Atlanta-based Delta said the cancellations include more flight disruptions Wednesday evening and Thursday at Tallahassee, Panama City and Destin - Fort Walton Beach. The airline canceled all of its flights Wednesday in those cities as well as in Albany, Valdosta and Dothan.
Delta cancels some flights due to Hurricane Michael

Delta cancels some flights due to Hurricane Michael

Delta Air Lines is canceling about 44 flights scheduled for Tuesday and Wednesday due to Hurricane Michael. Atlanta-based Delta said most of the flight cancellations are Wednesday at airports in Tallahassee, Pensacola, Panama City and Destin - Fort Walton Beach.
Delta waives fees for bags, pets-in-cabin at airports in Hurricane Michael’s path

Delta waives fees for bags, pets-in-cabin at airports in Hurricane Michael’s path

Delta Air Lines is temporarily waiving fees for checked baggage and pets in the cabin on flights at certain airports in the path of Hurricane Michael. Atlanta-based Delta is waiving all baggage fees including overweight and oversize fees and pet-in-cabin fees for flights to and from Panama City, Pensacola, Tallahassee and Fort Walton Beach, Fla.; and Mobile, Al. through Oct. 12.
Delta caps some air fares due to Hurricane Michael

Delta caps some air fares due to Hurricane Michael

Delta Air Lines says it is capping air fares for travel to and from certain cities in Florida and Alabama later this week due to Hurricane Michael. Atlanta-based Delta said it is capping fares at $299 each way Oct. 9-11 for coach class to and from Pensacola, Panama City, Destin - Fort Walton Beach and Tallahassee, Fla.; and Mobile, Ala.
Experian flaw, millions of consumers urged to change PIN

Experian flaw, millions of consumers urged to change PIN

After report of an online flaw with customer logins, a consumer watchdog has urged consumers to change their passwords on Experian, one of the three agencies that hold data on hundreds of millions of Americans. The company says it’s not needed. But either way, news of the problem was another reminder of consumer dependence on companies to protect their personal information.
Hartsfield-Jackson road closures at Delta curbside to begin for canopy construction

Hartsfield-Jackson road closures at Delta curbside to begin for canopy construction

Road closures are about to begin at the busy Delta Air Lines curbside at Hartsfield-Jackson International, as the airport starts construction of a massive canopy at Terminal South. Starting Saturday morning, parts of the upper roadway at Terminal South will be closed, and the entire upper roadway will be closed most nights, according to Hartsfield-Jackson.
P20 Atlanta conference to be center of global payments world

P20 Atlanta conference to be center of global payments world

The city of Atlanta will play host to Payments 20, a conference of the elite electronic transactions companies and regulators from the U.S., England and Canada in what’s been dubbed by organizers as the “Davos of payments.” The P20 conference, as it’s known for short, is in its second year, and comes to Atlanta after its inaugural conference last year in London.
Contractor to rec authority projects held fundraiser for Mayor Bottoms

Contractor to rec authority projects held fundraiser for Mayor Bottoms

A Texas CEO held a fundraiser for Keisha Lance Bottoms’ campaign for mayor last year, just months after the stadium authority she once supervised awarded his construction company a pair of contracts, an investigation by The Atlanta Journal-Constitution and Channel 2 Action News has found.
Sudden fires in Kia, Hyundai vehicles spark worry

Sudden fires in Kia, Hyundai vehicles spark worry

Kadarius Reid was returning to his Jonesboro home after work in July when the 2014 Kia Sorento he was driving began to shake. Reid pulled to the side of I-20. Within moments there was smoke, a loud “kaboom” and the car was engulfed in flames. “He was in shock,” Reid’s wife, Danielle, told The Atlanta Journal-Constitution.
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