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Business


Airport squeeze: Hartsfield-Jackson expands on limited land

As Hartsfield-Jackson International Airport expands, it’s running out of space. So in order to build, the airport must demolish buildings, move critical operations, close parking lots and divert travelers during construction. That complicates the airport’s long-range, $6 billion expansion plan, now in the early stages, and turns parts of it into a giant game of Tetris as planners cram...


UPS adding surcharges for holiday deliveries

UPS adding surcharges for holiday deliveries

UPS, grappling with the effect of rising home delivery volumes, plans to start levying peak surcharges for packages shipped to homes during the busiest periods of the holiday shipping season. Sandy Springs-based UPS’s surcharges will add 97 cents per packages shipped via second-day air residential service Dec. 17-23. For next day air residential service, there will be an 81 cent surcharge per...
Tight supply stifles metro housing sales

Tight supply stifles metro housing sales

Metro Atlanta housing got a healthy dose of same-old, same-old in two new reports. Same: Rising prices. Same: Fewer homes for sale. Old: Not the lists of homes for sale – they get snapped up awfully fast, according to a report from Re/Max Georgia. In other words, the story isn’t changing much. And the imbalance between supply and demand seems to be growing worse. The average time-on-market...
Kroger takes $7 billion hit as Amazon deal compounds struggles

Kroger takes $7 billion hit as Amazon deal compounds struggles

Kroger Co. was already in trouble last week -- then Amazon said it would buy Whole Foods. The biggest U.S. supermarket chain lost more than $7 billion in market value combined on Thursday and Friday, the biggest two-day loss for the company since December 1999. The 19 percent plummet on Thursday was thanks to a lousy earnings report. The 9 percent drop the next day was courtesy of Amazon.com Inc.'s...
New Augusta center to be new training ground for cyber warfare

New Augusta center to be new training ground for cyber warfare

AUGUSTA —- A new training on the banks of the Savannah River here will help bolster Georgia and Augusta’s status as a cyber intelligence and information security hub, officials said Monday at a groundbreaking ceremony. The Georgia Cyber Innovation and Training Center, a now $60 million educational complex in downtown Augusta, will become the state’s centerpiece for cyber security...
Report: Lawmakers aim to save $800 million tax credit for Plant Vogtle

Report: Lawmakers aim to save $800 million tax credit for Plant Vogtle

House lawmakers are pushing legislation that would save federal tax credits from expiring that are worth billions to the Plant Vogtle project and a similar plant in South Carolina, according to a published report. The proposed legislation, which passed a House Ways and Means Committee vote last week, would extend the tax credit’s current 2021 deadline for the two nuclear projects to be completed...
Wes Moss: Does the stock market high spell danger?

Wes Moss: Does the stock market high spell danger?

Despite the fierce political environment in Washington, Wall Street (and Main Street) have had a solid 2017 so far. In recent weeks, all three major stock indexes have scored record closes. Although we’re in the midst of a bull market, some investors are leery. The question on their minds: Does the market at all-time highs signal danger? Why the hand-wringing? We are, after all, still living...
Amazon delivers disruption to grocery business

Amazon delivers disruption to grocery business

Amazon’s bold move to swallow Whole Foods gave rivals indigestion on Friday and prompted predictions of looming disruption for the grocery business. Shoppers in metro Atlanta could see changes as local stores rush to stay competitive by tweaking both online and in-store strategies, analysts said Friday. Atlanta for the most part is a market saturated with choices, but none of the players can...
Rising prices, loan rates seen for housing in Atlanta, U.S.

Rising prices, loan rates seen for housing in Atlanta, U.S.

DENVER — Home price increases are likely to continue to outpace wage growth and inflation, putting greater pressure on housing affordability across the country because of a shortage of supply, forecasters said Friday at the National Association of Real Estate Editors convention. Inventory remains near historic lows, while demand for new homes has risen for several years amid an improved job...
Greyhound races are practically a thing of the past, except in Florida

Greyhound races are practically a thing of the past, except in Florida

PALM BEACH, Fla. — During the third race on a recent sweltering Sunday at the Palm Beach Kennel Club, a sleek black greyhound named Atascocita Laden broke from the pack early in the 545-yard course and sprinted to a decisive victory. There was nothing overly surprising about the result: Atascocita Laden was a favorite, and the tip sheets had him picked to finish in the money. For some Americans...
Gwinnett Place Mall owner responds to criticism from business leaders

Gwinnett Place Mall owner responds to criticism from business leaders

Nick Masino was seated in the audience Thursday morning when someone asked the panel assembled before him what could be done to revive Gwinnett Place Mall. As Gwinnett County’s top economic development recruiter, Masino wasn’t bashful about standing up and taking a mic to answer the question — or about revealing that he and other folks are actively trying to get rid of...
Kempner: ‘Idle’ workers cited at Georgia’s delayed Vogtle project

Kempner: ‘Idle’ workers cited at Georgia’s delayed Vogtle project

Add “idle” workers to the list of troubles at Georgia Power’s struggling nuclear expansion at Plant Vogtle. Construction workers are supposed to be toiling away on the project that’s already three years behind schedule and falling farther behind. But a state monitor recently testified that “idle time, early quits and late starts remained high” among construction...
A global office space glut? But what about Atlanta?

A global office space glut? But what about Atlanta?

DENVER —- Many cities around the world are building too much office space, but it would seem Atlanta isn’t one of them. Kevin Thorpe, the chief economist for real estate services giant Cushman & Wakefield, told a meeting of national real estate journalists on Thursday that some 700 million square feet of office space — roughly seven Denvers’ worth of office towers – are...
Incubator may bring more business, technology to Henry County

Incubator may bring more business, technology to Henry County

Henry County officials are looking to promote entrepreneurship with an new incubator program. The county is riding a wave of business resurgence following the recession, said David Gill, president and CEO of the Henry County Chamber of Commerce, with particularly strong growth in entrepreneurship. Gill said with e-commerce diminishing the amount of investment from “big-box retailers,”...
Kempner: Robot guard will (adorably) patrol Georgia Aquarium

Kempner: Robot guard will (adorably) patrol Georgia Aquarium

The strangest beast at the Georgia Aquarium this summer won’t be in a watery tank. Instead, a distant cousin of R2-D2 will be out among us: a robot security guard patrolling the parking garage and perimeter, whirring softly, occasionally giving a sweet little whistle and maybe, eventually, raising questions again about the future of jobs for humans. Allied Universal, the nation&rsquo...
Researchers: Shareholders say ‘not so fast’ to CEO raises

Researchers: Shareholders say ‘not so fast’ to CEO raises

Chief executives’ pay raises shrink and company values go up when shareholders get to vote on top executives’ pay levels, according to a study by University of Georgia and Federal Reserve researchers. After studying pay and financial data for 17,000 public companies in 38 countries, the researchers found that CEO pay levels lagged by 7 percent in the 11 nations that adopted so-called &ldquo...
United apologizes after video shows employee pushing 71-year-old man to floor

United apologizes after video shows employee pushing 71-year-old man to floor

United Airlines issued an apology Tuesday after a video was released of a Houston-based employee pushing a 71-year-old passenger to the floor during an argument over a ticket. The man was left lying there motionless. The confrontation took place about two years ago but was detailed in a lawsuit filed last week in Harris County, Texas. The airline is still facing fallout over an incident with David...
These metro Atlanta employers are making big hires this June

These metro Atlanta employers are making big hires this June

If you're looking for a new job this summer, you'll find a number of metro Atlanta area companies and agencies adding new employees. A variety of jobs are open across many sectors, including law enforcement and sales. Here's a brief look at some of the offerings this month: The Fulton County Sheriff's Office has 120 jobs available, including permanent and entry level positions. Some are law enforcement...
Troubled Plant Vogtle project gets a boost with new deals

Troubled Plant Vogtle project gets a boost with new deals

Georgia Power has reached agreements with key contractors on its Plant Vogtle expansion that help clear the path forward for the troubled nuclear project. The project to build two new reactors at the complex near Augusta has been under a cloud since Westinghouse Electric, the main contractor, entered bankruptcy proceedings in late March. Under the new deal, Westinghouse and parent Toshiba Corp. will...
D.C., Maryland sue Trump alleging breach of constitutional oath

D.C., Maryland sue Trump alleging breach of constitutional oath

Attorneys general for the District of Columbia and the state of Maryland sued President Trump on Monday, alleging that he has violated anti-corruption clauses in the Constitution by accepting millions in payments and benefits from foreign governments since moving into the White House. The lawsuit, the first of its kind brought by government entities, centers on the fact that Trump chose to retain...
Atlanta named one of America’s ‘Tech 25’ — the nation’s top 25 cities in tech

Atlanta named one of America’s ‘Tech 25’ — the nation’s top 25 cities in tech

Watch out Silicon Valley, the Atlanta tech community is on the rise. The metro, home to the fourth largest tech hub in the United States (Atlanta Tech Village), was recently ranked among America’s “Tech 25,” a list of 25 American regions deemed the best in tech by global real estate firm Cushman & Wakefield. Researchers at the firm considered several factors to determine...
Boston Consulting Group plans Atlanta expansion and high-paying jobs

Boston Consulting Group plans Atlanta expansion and high-paying jobs

Global business management and consulting firm Boston Consulting Group plans to create a new “regional support center” in downtown Atlanta in a move that will create more than 230 new jobs. The announcement, from Gov. Nathan Deal and Atlanta Mayor Kasim Reed, said the company will create high-paying jobs in legal and information technology, finance, business support and...
Georgia Power has a new deal with Plant Vogtle contractors

Georgia Power has a new deal with Plant Vogtle contractors

Georgia Power said it reached a new agreement with Toshiba Corp. and its bankrupt subsidiary, Westinghouse Electric, that firms up billions of dollars in guarantees and support contracts for its troubled Plant Vogtle nuclear project. The project to build two new reactors at the complex near Augusta has been under a cloud since Westinghouse, the main contractor in the project, filed bankruptcy in late...
Nowhere in America can full-time minimum wage worker afford two-bedroom apartment

Nowhere in America can full-time minimum wage worker afford two-bedroom apartment

There is nowhere in this country where someone working a full-time minimum wage job could afford to rent a two-bedroom apartment, according to an annual report released Thursday documenting the gap between wages and the cost of rental housing.  Downsizing to a one-bedroom will only get you so far on minimum wage. Such housing is affordable in only 12 counties located in Arizona, Oregon and Washington...
Third-generation Aflac executive leaving Georgia-based company

Third-generation Aflac executive leaving Georgia-based company

Paul S. Amos II, son of Aflac’s chief executive and grandson of one of the founders of the Columbus-based insurer, is leaving the company in a move that apparently leaves no member of the Amos dynasty as an obvious successor. Amos, 41, has been Aflac’s president since 2007, making him the potential third-generation heir to his father Dan Amos. Paul Amos told the Columbus Ledger-Enquirer...
Vote on Georgia CEO’s pay: influential advisor gives thumbs down

Vote on Georgia CEO’s pay: influential advisor gives thumbs down

The highest paid CEO of a Georgia public company should get a negative vote on pay from shareholders, according to an influential advisory firm. Ronald Clarke, the CEO of Gwinnett County-based Fleetcor Technologies, made nearly as much last year as the CEO of Wal-Mart, the world’s biggest company, according to a ranking by Equilar, an executive research firm. Now, another firm, proxy...
Another Obama regulation to end? Retirement advice rule kicks in, but could be temporary

Another Obama regulation to end? Retirement advice rule kicks in, but could be temporary

A new federal rule aimed at protecting investors from self-serving advice from brokers and other advisers kicks in Friday. The so-called “fiduciary” rule was finalized during the Obama administration. It requires retirement investment advisers — the folks telling you what you should do with your 401k or annuities — to suggest investments that are best for you, regardless...
Report: Black women are working hard but 'our country is not working for them.'

Report: Black women are working hard but 'our country is not working for them.'

A new report about the nation's black women paints a familiar portrait of a group that is working hard on many levels to achieve the American Dream but is still falling short. Black women vote at high rates, have made significant improvement in earning college degrees and are succeeding in opening their own businesses, according to a report titled "The Status of Black Women in the United States...
The latest NSA leak is a reminder that your bosses can see your every move

The latest NSA leak is a reminder that your bosses can see your every move

It took just days for authorities to arrest and charge a federal contractor with leaking classified intelligence to the media. Court documents explain in detail how the 25-year-old woman suspected in the leak, Reality Leigh Winner, allegedly printed off a copy of a National Security Agency report on Russian tampering in the U.S. elections and mailed it to a news outlet. What helped federal authorities...
Kempner: New Atlanta neighborhood for movie cast, crew (and us)

Kempner: New Atlanta neighborhood for movie cast, crew (and us)

South of Atlanta, across the street from one of the biggest movie-making complexes in North America, the CEO of Chick-fil-A is betting he can make a real-life movie neighborhood with cool architecture and creative residents. But pulling it off may be harder than spreading fried chicken sandwiches far and wide, which is one business Dan Cathy knows really well. This movie and real estate stuff he&rsquo...
Atlanta airport, Delta Air Lines aid Flint River restoration effort

Atlanta airport, Delta Air Lines aid Flint River restoration effort

The world’s busiest airport over the years hasn’t been the friendliest neighbor to the Flint River, which flows underneath it. Now, the airport and major tenant Delta Air Lines are part of an effort to restore the river, which feeds agriculture for farmers in southwest Georgia, by reducing water use. Hartsfield-Jackson International and Delta are contributing to a project on Spring Creek...
Buy or rent? Reports show metro Atlanta renters caught in between as home prices rise

Buy or rent? Reports show metro Atlanta renters caught in between as home prices rise

As metro Atlanta home prices rise, so does the talk about renters needing to shift into homeowner mode. For many renters who think of buying a home someday, the increases may seem like a warning that by the time they are ready to buy, prices will be way out of reach. As price hikes outpace incomes, they worry they will left behind from owning -- as a commitment and an investment. Home prices on average...
SunTrust fined $1.5 million for alleged flood insurance violations

SunTrust fined $1.5 million for alleged flood insurance violations

SunTrust Banks was ordered to pay a $1.5 million civil fine for “the bank’s pattern or practice of violations” of the National Flood Insurance Act, according to the Federal Reserve. In an order signed late last month, the Federal Reserve cited violations of a regulation prohibiting banks from making real estate loans on properties in “special flood hazard” zones unless...
The 16 highest-paying jobs for new grads

The 16 highest-paying jobs for new grads

As LinkedIn puts it, “not all jobs are created equal” — and neither are their paychecks. But if you’re on the hunt for the highest-paying employment opportunities, LinkedIn researchers put together a list of the top 15 jobs based on highest salaries for entry-level positions. Company analysts studied thousands of profiles of members who graduated between 2015 and...
VIDEO: The world’s 10 most valuable brands, according to brand Z

VIDEO: The world’s 10 most valuable brands, according to brand Z

Every year, brand strategists at WPP and Kantar Millward Brown publish a report on the top 100 most valuable global brands. To determine the top brands of 2017, analysts examined more than three million customer interviews across 14 categories. Tech giants Google, Apple, Microsoft, Amazon and Facebook dominated the top five global brands. Then came AT&T, Visa, Tencent, IBM and the only restaurant...
PSC tables call to kill Vogtle charge on electric bills

PSC tables call to kill Vogtle charge on electric bills

Don’t look for a discount on your power bill any time soon. The Georgia Public Service Commission decided Tuesday to put on hold a proposal by one of its members to ask Georgia Power to stop collecting a surcharge to finance the company’s troubled Plant Vogtle nuclear expansion. Commissioner Lauren “Bubba” McDonald wants to halt the surcharge, which adds about $100 a year to...
On hold: PSC commissioner’s plan to nuke Vogtle surcharge on customers’ bills

On hold: PSC commissioner’s plan to nuke Vogtle surcharge on customers’ bills

Don’t look for a discount on your power bill any time soon. The Georgia Public Service Commission decided Tuesday to put on hold a proposal to ask Georgia Power to stop collecting a surcharge on customers’ bills that finances the company’s troubled Plant Vogtle nuclear project. Commissioner Lauren “Bubba” McDonald wants to halt the surcharge, which adds about $100 a year...
Metro Atlanta in 2040: 8 million people, a need to spend billions handling them, ARC says

Metro Atlanta in 2040: 8 million people, a need to spend billions handling them, ARC says

 The recent surge of new residents – and the expectation of a continued flow – is good for the economy, but a challenge to Atlanta’s ability to cope, said a key researcher for the region’s premier planning group. Without careful preparation and smart spending, the region will have dull its economic edge, said Mike Carnathan, manager of research and analytics division at...
PSC member: Stop Vogtle charge on electric bills

PSC member: Stop Vogtle charge on electric bills

A Georgia Public Service Commission member plans to ask Georgia Power to stop collecting a surcharge on customers’ bills that finances the company’s troubled Plant Vogtle nuclear project. But he acknowledged it may be difficult to erase the surcharge, which adds about $100 a year to the typical residential customer’s bill, because it was authorized by state lawmakers rather than...
Kempner: Georgia’s highest-paid CEO? You’ve never heard of him

Kempner: Georgia’s highest-paid CEO? You’ve never heard of him

The highest paid CEO of a Georgia public company last year wasn’t the boss at Coke, Home Depot, UPS or Delta Air Lines. No, Georgia’s $21.7-million man leads a company that most people — including its neighbors in Norcross and Peachtree Corners — probably have never heard of. Ronald Clarke’s compensation last year was so bountiful that it ranked him just behind the pay...
State regulator wants customers to quit paying ahead for Vogtle project

State regulator wants customers to quit paying ahead for Vogtle project

One of the commissioners at Georgia’s utility regulator plans to ask Georgia Power to quit collecting a surcharge on customers’ bills that finances the company’s Plant Vogtle nuclear project, according to a published report. But it may be difficult to erase the surcharge, which adds about $100 a year to the typical residential customer’s bill, because it was authorized by state...
Trump outlines plan to privatize air traffic control

Trump outlines plan to privatize air traffic control

President Donald Trump announced a plan to spin off the air traffic control system from the Federal Aviation Administration. The administration’s plan outlined Monday includes the separation of air traffic control from the FAA to speed up the modernization of the air traffic control system. It would move to a system of user fees instead of taxes. “We live in a modern age and yet our air...
How millions of cartons of 'organic' milk contain an oil brewed in industrial vats of algae

How millions of cartons of 'organic' milk contain an oil brewed in industrial vats of algae

Inside a South Carolina factory, in industrial vats that stand five stories high, batches of algae are carefully tended, kept warm and fed corn syrup. There the algae, known as schizochytrium, multiply quickly. The payoff, which comes after processing, is a substance that resembles corn oil. It tastes faintly fishy.  Marketed as a nutritional enhancement, the oil is added to millions of cartons...
Some Georgia firms say they’ll keep thinking green despite Trump move

Some Georgia firms say they’ll keep thinking green despite Trump move

Several big Georgia companies are remaining silent about their plans related to President Donald Trump’s decision this week to pull the United States out of a global climate accord, but a few say they’ll still do their bit to fight global warming. Delta Air Lines, insurance company Aflac and Atlanta-based SunTrust Banks declined to comment. Flooring manufacturer Mohawk Industries and lighting...
VIDEO: How to read a jobs report

VIDEO: How to read a jobs report

When examining a jobs report, there are a few key numbers and facts to look at. The first is the headlining number. For example, you may look at the unemployment rate, how many jobs were created and how many were lost. Secondly, you’ll want to notice any specific trends. Are the rates or numbers stronger or weaker? You’ll be able to notice trends by looking at more than just one month&rsquo...
Young homebuyers hit ‘crazy’ market in metro Atlanta

Young homebuyers hit ‘crazy’ market in metro Atlanta

For prospective buyers, venturing into the Atlanta housing market is a little like stumbling into a rapid-fire auction. They have to pay close attention, act quickly, bend a little on features and be prepared to raise their bid to win. “We knew it was a hot market,” said Mark Viglotti, 27, who recently took the plunge and wound up with a house in Brookhaven. “So we had to tamp down...
VIDEO: What are the different types of jobs reports?

VIDEO: What are the different types of jobs reports?

Ever wonder what kinds of jobs reports are dissected to get to the nitty gritty unemployment and jobs numbers? There are three releases journalists and officials pay attention to: the national report (or Employment Situation Summary), the state report and the metro report. The national report is released by the Bureau of Labor Statistics on the first Friday of every month. On the third Thursday of...
Man tied to Atlanta bribery case wants confession suppressed, if found

Man tied to Atlanta bribery case wants confession suppressed, if found

The lawyer for a Paulding County man accused of throwing a brick through the living room window of a key figure in the Atlanta City Hall bribery scandal is moving to have evidence, including a purported taped confession from his client, suppressed in the case. The attorney for Shandarrick L. Barnes filed a motion this week in Fulton County Superior Court contending he and his client haven&rsquo...
The $833 billion albatross around the necks of women with college degrees

The $833 billion albatross around the necks of women with college degrees

The burden of student debt is having an outsize effect on women, who now hold nearly two-thirds of the $1.3 trillion in outstanding education loans, according to a report from the American Association of University Women. "It's important to understand all of the challenges facing women in the United States, and in terms of their economic well-being, student debt is a big one," said Kevin...
Opinion: Here we go again: The arrogance of assumption

Opinion: Here we go again: The arrogance of assumption

Learn4Life is the latest effort in corporate America’s exploitation of public schools and their students. The problem is, at root, the arrogance of assumption. Consider three central problems with Learn4Life (not counting the idiotic use OF a number for an actual word in what is purported to be an education initiative): 1) monumental lack of expertise; 2) specious motives; and 3) mythological...
Trump move unlikely to stop ‘green’ business trend

Trump move unlikely to stop ‘green’ business trend

President Donald Trump’s decision to start backing out of the Paris climate pact drew outrage from environmentalists and the alternative energy industry, but some business experts said it may be hard to see local effects. Trump’s move is based in “ideology and not science,” said James Marlow, president and co-founder of Radiance Solar, an Atlanta-based company that installs...
Wes Moss: What Amazon’s 20 years teaches us about New American Economy

Wes Moss: What Amazon’s 20 years teaches us about New American Economy

Hard to believe that just two decades ago, when current college students were in diapers, there was no Amazon. Now it’s an integral part of the economy. Amazon ushered in massive changes in how we shop. But the company’s story contains a more important lesson about the New American Economy. Let’s consider first how Amazon has overhauled the way American consumers spend their...
Hartsfield-Jackson to revamp retail shops

Hartsfield-Jackson to revamp retail shops

Hartsfield-Jackson International Airport is preparing a major revamp of shops in its domestic terminal and concourses. More than 80 retail locations will be up for grabs in contract packages. Food concessions are not included, as many restaurant spaces were re-bid a few years ago. The goal is “to bring more Atlanta into the airport”, Hartsfield-Jackson general manager Roosevelt Council...
Amazon to hire 1,000 for metro Atlanta center

Amazon to hire 1,000 for metro Atlanta center

Amazon plans a new distribution hub in metro Atlanta that will ultimately employ about 1,000 full-time workers. The new “fulfillment center” in Jefferson, about 60 miles northeast of downtown Atlanta, will be Amazon’s second in Jackson County, and the announcement comes amid the Fortune 500 company’s push to provide rapid delivery — including same-day — to more...
Amazon plans to hire 1,000 at ‘fulfillment center’ in metro Atlanta

Amazon plans to hire 1,000 at ‘fulfillment center’ in metro Atlanta

Amazon plans to develop a new distribution hub in metro Atlanta that will ultimately employ about 1,000 full-time workers, the company said Thursday. The new “fulfillment center” in near Jefferson, northeast of Atlanta, will be its second in Jackson County, which has seen growth in its warehousing and logistics sector amid the rebound from the Great Recession and growth since that time...
Hartsfield-Jackson launching effort to revamp airport shops

Hartsfield-Jackson launching effort to revamp airport shops

Hartsfield-Jackson International Airport is preparing to launch a major revamp of the shops in its domestic terminal and concourses. More than 80 retail locations will be up for grabs in contract packages. The effort “will allow us to accommodate the ever-expanding and ever-changing demands” of travelers, said Hartsfield-Jackson general manager Roosevelt Council at an airport industry...
Kempner: Delta dumps peanuts, but Georgia goobers still soar

Kempner: Delta dumps peanuts, but Georgia goobers still soar

Delta Air Lines’ decision to drop peanuts as a regular, free in-flight snack is just the latest indignity for Georgia goobers. Worse still, Delta’s shift to new snack offerings includes almonds, the fancy-pants tree nut primarily grown in California, as opposed to the ground-burrowing peanut, the official state crop of the airline’s home state of Georgia. My colleague Kelly...
Georgia jobs and investment on line if Trump and Merkel head for trade conflict

Georgia jobs and investment on line if Trump and Merkel head for trade conflict

 If a presidential feud with Germany escalates into a trade skirmish, the economy of Georgia – especially that of metro Atlanta – will have a sizeable stake in the battle. President Trump’s visit to Europe last week ruffled some feathers, and prompted German Chancellor Angela Merkel to pointedly say that the continent could no longer depend on the United States. ...
Developers plan large distribution hub in metro Atlanta

Developers plan large distribution hub in metro Atlanta

Developers of the former Fort Gillem Army post in Clayton County said Wednesday they have broken ground on a second large speculative industrial building in a bid to woo a new regional shipping hub. The building, which will span about 1 million square feet or the size of a regional shopping mall, will target e-commerce companies and other shippers. Gillem Logistics Center developer Robinson Weeks...
Amazon to offer refunds for stuff your kid bought without permission

Amazon to offer refunds for stuff your kid bought without permission

Parents whose children made Amazon purchases on mobile apps without their permission will begin getting their money back, the Federal Trade Commission announced Tuesday. And it turns out that money could amount to more than $70 million — charges incurred between November 2011 and May 2015. The refunds bring closure to a nearly three-year legal battle surrounding complaints that the tech giant...
Short supply still boosting metro Atlanta home prices

Short supply still boosting metro Atlanta home prices

The metro Atlanta housing market rolled into the spring selling season with prices rising, according to a much-watched national survey released Tuesday. However, the ongoing imbalance of supply and demand continues to skew the market, as a low number of homes for sale fuels the price runup. The S&P/Case-Shiller House Price Index showed Atlanta prices up 0.9 percent for the month of March, 5.5...
First post-recession office projects planned at Atlantic Station

First post-recession office projects planned at Atlantic Station

A pair of major real estate firms are joining forces to develop the first two new major office projects at Atlantic Station since the Great Recession. Real estate investment and development giant Hines said Tuesday it will work with an institutional client of Invesco Real Estate to build new, ground-up buildings that have features similar to popular adaptive reuse office projects, such as those at...
Get an inside look at Trump’s West Palm Beach golf club

Get an inside look at Trump’s West Palm Beach golf club

Before it was one of the president’s weekend retreats, it was Donald Trump’s first golf course, and he wanted it to be a success. The businessman spent $40 million building Trump International Golf Club West Palm Beach, which opened in 1999 just south of Palm Beach International Airport.  The course has been home to PGA tour events, and reportedly includes celebrities...
Developers target tech firms with two Atlantic Station office projects

Developers target tech firms with two Atlantic Station office projects

Real estate investment and development giant Hines said Tuesday it has joined forces with an institutional client of Invesco Real Estate to develop two new office projects within Atlantic Station. The companies said in a news release they will team up to build T3 West Midtown, a previously announced wood-framed office building along 17th Street, as well as Atlantic Yards, a pair of mid-rise office...
Oceans of cargo fueling growth in Atlanta

Oceans of cargo fueling growth in Atlanta

If you live near Atlanta or other parts of the Southeast, chances are the shoes you bought from Amazon, the chandelier from Home Depot or the shower curtain from Walmart probably spent at least some of its life at a metro distribution center. Whether by click of a mouse or swipe of a credit card inside a store, consumer spending continues to propel growth in the region’s warehousing industry...
Want to get paid to ‘purfessionally’ cuddle cats? Now you can

Want to get paid to ‘purfessionally’ cuddle cats? Now you can

Calling all cat lovers — your dream job is officially here. The only veterinary clinic for cats in Dublin, Ireland, is seeking a professional Cat Cuddler with a soft voice, the ability of cat whispering and “gentle hands” ideal for stroking and petting the furry creatures “for long periods of time.” Not sure if this career path is the right fit for you? ...
UPS strikes joint venture with Chinese firm

UPS strikes joint venture with Chinese firm

Sandy Springs-based UPS has struck a deal for a joint venture with Chinese logistics company SF Holding. UPS expects the partnership with SF Holding, the parent company of Chinese express logistics firm SF Express, to allow it to grow international deliveries from China to the United States and eventually to other destinations. The joint venture is subject to regulatory approval. UPS said...
How a concrete company saved Atlanta’s commute

How a concrete company saved Atlanta’s commute

A soft rain peppered the worker’s orange safety vest and hard hat, but didn’t come close to snuffing the blue-flamed torch in his right hand. He signaled with his left to three other men also holding torches at intervals along the line of newly minted concrete girders. All the men leaned down, aimed their torches and burned through several of the 50 steel strands that ran for hundreds...
What are the fastest growing jobs in Georgia? Forget tech, it’s food and tobacco roasting

What are the fastest growing jobs in Georgia? Forget tech, it’s food and tobacco roasting

Georgia is quite the business hub. There are a slew of industries to choose from, but some professions are seeing more growth than others, according to a recent report.  Smart Asset recently conducted a study to determine the fastest-growing occupations in every state, and for Georgia, it’s food and tobacco roasting, baking and dry machine operator jobs.  The personal...
‘Super liens’ no longer a super threat to Georgia homeowners

‘Super liens’ no longer a super threat to Georgia homeowners

Georgia homeowners who fall behind on their property taxes now have a new protection. No longer can cunning investors quickly snatch away their homes and everything the owners had paid on it. For years, such investors and their attorneys, armed with only a piddling second unpaid bill, used a loophole in Georgia law to override safeguards designed to help struggling taxpayers. The maneuver was so powerful...
Kempner: Radioactive question looms over Georgia’s nuclear mess at Vogtle

Kempner: Radioactive question looms over Georgia’s nuclear mess at Vogtle

Georgia’s nuclear mess is about to get way messier now that the chief contractor on the Plant Vogtle expansion has fled to bankruptcy court. So a new race is underway to see who can nab enough bubble wrap to insulate themselves from a fresh round of costly shocks. So far, Georgia Power has sidestepped virtually all of the financial reckoning on its own project. Billions of dollars in past...
Enormous $2.5 billion data campus planned for metro Atlanta

Enormous $2.5 billion data campus planned for metro Atlanta

A Nevada-based tech firm plans to build an enormous data center campus in metro Atlanta in what it describes as a “multibillion-dollar” investment in the Southeastern U.S. Las Vegas-based Switch said Thursday it will develop a more than 1 million-square-foot campus it calls “The Keep” that will be among the most advanced in the nation and the fourth in what it calls its &ldquo...
Trump bumps up funds for Savannah harbor deepening, but short of hopes

Trump bumps up funds for Savannah harbor deepening, but short of hopes

The project to deepen Savannah’s harbor got a boost this week from President Donald Trump’s budget proposal, just not as much of a lift as some backers of Georgia’s ports wanted to see. Boosters had hoped for about $100 million in the fiscal 2018 budget to dredge the Savannah River, but the White House’s spending plan of $50 million, while a high-water mark...
Southern Co. CEO: More time needed for new Vogtle plan

Southern Co. CEO: More time needed for new Vogtle plan

Despite headlines about cost overruns and delays at its Georgia nuclear project and a new Mississippi plant, Southern Company “continues to perform beautifully” overall, CEO Tom Fanning told shareholders Wednesday. But Fanning also said it will take more time than expected for the Atlanta-based parent of Georgia Power and other utilities to decide whether to continue the nuclear expansion...
Looking for a summer job? Atlanta named one of America’s best cities for opportunities

Looking for a summer job? Atlanta named one of America’s best cities for opportunities

If you have the summer off and want to make some seasonal cash, Atlanta’s not a bad place to be. In fact, the metro just ranked seventh on the 2017 Best Places for Summer Jobs list by WalletHub, a personal finance website. Analysts compared the country’s 150 most populated cities across two key dimensions: youth job market and social environment/affordability. Twenty-one relevant...
Savannah to see even bigger ship after this month’s record-breaker

Savannah to see even bigger ship after this month’s record-breaker

Georgia basked in the media spotlight this month as the biggest container ship to ever call on the East Coast paid a visit to Savannah’s port. But like a Hollywood blockbuster, the sequel has to be bigger. Georgia Ports Authority Executive Director Griff Lynch said Monday that an even larger vessel, the OOCL France, is scheduled to arrive June 2, part of what is expected to be a wave of...
Georgia lumber execs cheer Trump tariff stand

Georgia lumber execs cheer Trump tariff stand

Lost in a frenzy of political news, a presidential feud with Canada might be easily overlooked. But it’s no small deal for Hal Storey in Floyd County – or for Georgia’s other lumber companies. Storey is vice president of S.I. Storey Lumber Company in Armuchee. The 97-year-old, family-owned business, whose home office is about 10 miles north of Rome, has a wholesale business that...
Five reasons to consider a 529 college plan

Five reasons to consider a 529 college plan

As graduation season approaches, the rising cost of a college education becomes more top of mind for many parents. A 2015 Gallup survey indicated that over 73 percent of parents identified paying for college as their top financial worry. With the continuing rise in record student loan debt levels, parents want to better understand how to plan for their children’s college costs without accumulating...
Wes Moss: How Atlanta escaped economic disaster after I-85 collapse

Wes Moss: How Atlanta escaped economic disaster after I-85 collapse

Upon seeing the I-85 bridge collapse, I immediately thought, “This could be a real tragedy for our city’s long-term economic health.” While traffic here is notoriously terrible, it went from bad to apocalyptic with the I-85 bridge collapse. Even before a fire took down a key piece of I-85, Atlanta was in the top five traffic problem cities based on commute times. Add to that...
5 of the best summer jobs in metro Atlanta for teens 

5 of the best summer jobs in metro Atlanta for teens 

A summer job is a rite of passage for many Atlanta teens, offering some independence and much-needed spending money. You can also gain some valuable skills, contacts and references for future jobs. The following are some of the best summer jobs for teens in Atlanta: If you love movies, working at a theater may be just the right job for you. You'll get the chance to see the latest summer blockbusters...
How to get a summer job as a lifeguard in metro Atlanta

How to get a summer job as a lifeguard in metro Atlanta

If you're a strong swimmer who's interested in being a lifeguard, summer is filled with job opportunities in the metro Atlanta area. You'll get to spend your day by the pool in a fun atmosphere, but you'll also have the responsibility of making sure that guests remain safe. Here's what you need to know about getting a summer job as a lifeguard: You'll need to be physically fit and be a strong swimmer...
Plant Vogtle: Georgia’s nuclear ‘renaissance’ now a financial quagmire

Plant Vogtle: Georgia’s nuclear ‘renaissance’ now a financial quagmire

Southern Company’s chief executive has said more than once that the giant utility’s project to build two more nuclear reactors at Plant Vogtle would be history-making. He may be right, but not in the way he meant. Years behind schedule, billions over budget, and with a key contractor’s bankruptcy clouding its future, the troubled Vogtle project near Augusta is fast becoming Exhibit...
Coca-Cola among top 50 places to work, according to LinkedIn

Coca-Cola among top 50 places to work, according to LinkedIn

Coca-Cola is among the top 50 companies where people want to work, according to data collected by LinkedIn, the business networking website. Coke is No. 34 on the list, ahead of Yelp (No. 35) and Lyft (No. 38) but behind Morgan Stanley (No. 33) and Fitbit (No. 32). While LinkedIn praises Coca-Cola as one of the world’s most valuable brands, it mentions that &ldquo...
Westside park could have potential of Historic Fourth Ward Park

Westside park could have potential of Historic Fourth Ward Park

The city of Atlanta on Friday will break ground on a park in the shadow of Mercedes-Benz Stadium that community leaders hope will help trigger a rebirth of Vine City and surrounding neighborhoods that nurtured the Civil Rights Movement. Officials tout Rodney Cook Sr. Park for its potential to foster revitalization in much the same way as its mirror project, Historic Fourth Ward Park, which hugs the...
Summer fliers to see changes at Atlanta airport

Summer fliers to see changes at Atlanta airport

A record number of travelers are expected to take to the skies this summer, according to an airline industry group. A total of 234.1 million passengers will fly on U.S. airlines from June through August, or more than 2.5 million a day, lobbying group Airlines for America said Thursday. That’s up 4 percent from last summer, amounting to 100,000 additional passengers a day. Driving the growth...
Kempner: Turner CEO gathers intel on you; Promises ‘personalized’ TV

Kempner: Turner CEO gathers intel on you; Promises ‘personalized’ TV

He’s a bit profane, adores Taco Bell and runs one of the biggest cable TV empires in the nation. Oh, and John Martin, Turner’s first-ever New York-based CEO, thinks there are too many television networks and a a bunch of “s****y” ones should die. Just not any of his. Which is probably a good thing for Atlanta, since a big chunk of Turner’s operations are here, from...
Georgia job numbers for April: More questions than answers

Georgia job numbers for April: More questions than answers

Hiring in April stalled out, even if the jobless rate dipped. This has been the third-longest economic expansion since World War II. And while there’s no particular reason to think it is ending, its very longevity raises questions. So the latest report from the state Department of Labor makes you wonder: was it a month of quirky data, a very normal pause after three strong months or was...
Atlanta to surge in population, jobs and traffic, Mayors’ report says

Atlanta to surge in population, jobs and traffic, Mayors’ report says

Metro Atlanta will keep growing, rising in the next three decades to become the sixth-largest metro area in the country, according to projections in a report released Wednesday by the U.S. Conference of Mayors. Despite losing more than 200,000 jobs during the recession, the region has turned it around and will keep expanding into the future, with a population projected at more than 8.6 million...
Delta launching SkyMiles partnership with Lyft

Delta launching SkyMiles partnership with Lyft

Delta Air Lines is launching a frequent flier program partnership with ride-hailing service Lyft, allowing travelers to earn miles for Lyft rides.  Through the partnership starting Wednesday with Delta’s SkyMiles program, travelers can also get bonus miles for rides to and from the airport where Lyft operates.  To earn the miles, Delta frequent fliers must link their Lyft account...
Atlanta’s Home Depot starts building again, but slowly 

Atlanta’s Home Depot starts building again, but slowly 

Home Depot is adding six stores this year, resuming modest expansion as it continues to outpace the troubled retail sector. “We haven’t opened a U.S. store since 2013,” said Carol Tome, chief financial officer at the Atlanta home improvement chain. Three of the new stores are in the United States — locations in Florida and Texas are already open, while another is planned in...
This Georgia city was named one of the worst cities in the US to start a career

This Georgia city was named one of the worst cities in the US to start a career

Of the 150 most populated cities in America, one Georgia city ranked among the worst places in the nation to start a career. » RELATED: These 24 Georgia companies have the most satisfied employees, according to a new ranking  In fact, Augusta (about two hours east of Atlanta) came in third to last in personal finance website WalletHub’s best and worst places to start a career in 2017...
Dollar General hiring 500 employees for new distribution center in Georgia

Dollar General hiring 500 employees for new distribution center in Georgia

Dollar General is bringing new career opportunities to Georgia, because its hiring 500 people for its new distribution center in Jackson. The discount retailer recently announced that it is hosting a hiring event Saturday, May 20 at the Red Devil Hill Gym. From 10 a.m. to 1 p.m., the company’s management team will be onsite to inform interested applicants about full-time career opportunities...
Atlanta named one of the best cities in the US to start a career

Atlanta named one of the best cities in the US to start a career

If you’re a recent college graduate or just looking to switch up your career path, you may want to consider jump-starting your profession right here in Atlanta. The bustling metro ranked sixth among the country’s 150 most populated cities in personal finance website WalletHub’s best and worst places to start a career in 2017. To come up with the results, WalletHub analysts compared...
Kempner: Uber-fighting cabbies get schooled by Ga. Supreme Court

Kempner: Uber-fighting cabbies get schooled by Ga. Supreme Court

Atlanta taxi drivers, who’ve already had their lunches eaten by Uber and Lyft, just learned a painful lesson about government regulation. You can’t count on it to save your financial neck. On Monday, the Georgia Supreme Court agreed with a lower court ruling, essentially killing a proposed class-action lawsuit brought by Atlanta cab drivers. The cabbies wanted the state to compensate...
App lets kids, distant loved ones read together

App lets kids, distant loved ones read together

MIAMI — Helping military families enjoy story time together was the inspiration for Caribu, an app enabling children and their loved ones far away to read together. Caribu started out as a class project in London. Alvaro Sabido’s MBA classmates at Imperial College in London went their separate ways after commencement, and Sabido later decided to develop it into a company and form a team...
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