Business


Protesters gather for rally in Atlanta

A march in Atlanta, a conversation in Decatur: The aftershocks from Charlottesville are putting the issue of Confederate monuments on the streets here Saturday night. Thousands of participants are expected at Centennial Olympic Park at 6 p.m. to hear a range of speakers before marching to rally at the tomb of Martin Luther King, Jr. on Auburn Avenue, said Janel Green, co-founder of the Georgia...


Kempner: Twin DeKalb brothers pay (in fresh veggies) to use home lawns

Kempner: Twin DeKalb brothers pay (in fresh veggies) to use home lawns

Ah, front lawns. Symbol of home and nesting. Also, sweat-inducing, time-sucking money pits that make us look bad in front of the neighbors. Which is why you might want to know about Georgia Tech-trained engineers and twin brothers Roger and Reggie Ramos of DeKalb County. They “pay” to use some of homeowners’ front lawns. The soft-spoken 34-year-old brothers kill the grass and convert...
Georgia PSC wants hard numbers on Plant Vogtle project

Georgia PSC wants hard numbers on Plant Vogtle project

State utility regulators want Georgia Power to answer several questions — including how much more it will cost — when the Atlanta utility turns in its recommendation later this month on what to do with the troubled Plant Vogtle nuclear project. Georgia Power faces an Aug. 31 deadline to file its recommendation for the Vogtle expansion in the wake of the late-March bankruptcy of key...
Georgia Power told to do its homework on Vogtle nuke options

Georgia Power told to do its homework on Vogtle nuke options

Georgia’s utility regulators want Georgia Power to answer several questions — including how much more it will cost — when the Atlanta utility turns in its recommendation later this month on what to do with its troubled Plant Vogtle nuclear project. Georgia Power faces an Aug. 31 deadline to file its recommendation on what to do with its Plant Vogtle expansion in the wake of...
Trump tweets he knows CEOs to replace the 'grandstanders' who resigned from council

Trump tweets he knows CEOs to replace the 'grandstanders' who resigned from council

In a tweet Tuesday morning, President Donald Trump said he has other chief executives ready to succeed the "grandstanders" who stepped down from his manufacturing council in the aftermath of the violent protests in Charlottesville, Virginia. "For every CEO that drops out of the Manufacturing Council, I have many to take their place," the president tweeted. "Grandstanders...
Home Depot profits break record; quarter’s sales also hit all-time high

Home Depot profits break record; quarter’s sales also hit all-time high

Home Depot, Georgia’s largest company and the world's largest home improvement retailer, Tuesday announced sales of $28.1 billion for the second quarter of its fiscal year. That was up 6.2 percent from the same quarter a year ago.  Home Depot profit for the quarter was $2.7 billion, up from the net earnings of $2.4 billion a year earlier. This past quarter’s profits come out to $2...
Atlanta airport moving Uber, Lyft pickups to economy lots

Atlanta airport moving Uber, Lyft pickups to economy lots

Just months after curbside pickups by ride-share services Uber and Lyft became legal, the Atlanta airport is moving the designated pickup areas to the economy parking lots. The new pickup locations, which will require a walk across a terminal roadway and through parking garages to the economy lots, open on Wednesday. The world’s busiest airport is moving the locations because construction...
After a loss, take control of your finances

After a loss, take control of your finances

After a spouse passes away or a couple divorces, the “suddenly single” spouse may find the prospect of handling finances complicated and daunting. The financial industry is full of phrases and terminology that can be confusing. In many cases, someone else was in charge of making the financial decisions for the family. Now is the time to change your mindset around money. It’s time...
Kempner: Trump’s management style? Burn the textbook

Kempner: Trump’s management style? Burn the textbook

For anyone who has ever contemplated whether a business CEO could run the U.S. government better than a politician, we have Test Case A in the White House. Donald Trump is six months deep. So I wandered among the people most likely to have insights that could turn into books or at least heated classroom discussions on Trump’s leadership effectiveness: nearly 10,000 business professors, management...
Cox Automotive to cut 950 jobs worldwide

Cox Automotive to cut 950 jobs worldwide

Cox Automotive, which operates AutoTrader, Kelley Blue Book and other auto industry businesses, is cutting about 3 percent of its global workforce as it absorbs companies acquired in recent years. Cox Automotive, based near Perimeter Mall, said in a statement Friday that the cuts total about 950 positions. The company did not disclose how many jobs will be cut in the Atlanta area, saying reductions...
Atlanta and Savannah investigators drill alleged oil fraud scheme

Atlanta and Savannah investigators drill alleged oil fraud scheme

Federal authorities in Atlanta and Savannah said Friday that a group of conspirators ran a Ponzi scheme that tapped $15 million from investors hungry for oil riches. Richard Paul Underwood, 65, of Fort Lauderdale, Fla., and Colin P. Purcell, 56, of Simpsonville, Ky., were arrested Thursday and charged with conspiracy to commit wire fraud and mail fraud in connection with the alleged scheme, according...
Selig to transform NW Atlanta warehouses to mixed-use

Selig to transform NW Atlanta warehouses to mixed-use

A major Atlanta developer wants to turn more than three dozen buildings in northwest Atlanta, including a number of aging brick warehouses, into a mix of offices, apartments and boutique retail. Selig Development said Friday it plans to develop an 80-acre tract near the Bellwood Quarry, west of I-75, into the Works at Chattahoochee. Selig said the 10-year development plan could one day include...
Wes Moss: Do recent stock market highs, real world economy match up?

Wes Moss: Do recent stock market highs, real world economy match up?

Imagine this — you’re on a cross-country road trip. You’ve mapped the 2,800-mile distance between San Francisco and Washington, D.C., charted your course, and now you’re on the open road, cruising along at 60 mph with the wind in your hair. Life is good, right? Now imagine that you’re on the home stretch, with only 400 miles until your destination point, and traffic slows...
Plant Vogtle decision already roiling Georgia regulators

Plant Vogtle decision already roiling Georgia regulators

Georgia Power’s expected recommendation by month’s end on what to do with its troubled Plant Vogtle nuclear expansion is already spawning arguments between regulators and the company about how to handle the decision. A lawyer for Georgia Power on Thursday said that if the company recommends completing the project, and the Public Service Commission agrees, the utility will also need a definite...
Georgia business: Online shopping forcing change at UPS

Georgia business: Online shopping forcing change at UPS

The relentless rise of online shopping is causing major changes in how companies like UPS get packages delivered to doorsteps. More consumers are using smartphone apps to buy everyday goods from Amazon and other online sellers, causing massive disruption in retailing. The flood of packages and expectations of quick delivery, meanwhile, are also disrupting old business models in the shipping business...
Atlanta population: 10-county area adds nearly 80,000 since 2016

Atlanta population: 10-county area adds nearly 80,000 since 2016

Noticing a busier commute? Maybe a few more customers ahead of you to get that morning cup of coffee? It’s probably not your imagination. The Atlanta Regional Commission said Thursday the 10-county Atlanta area added more than 78,000 people from April 2016 to April this year amid a surge in new jobs. Some 4.48 million people now call the core counties of the Atlanta region their home, the...
ARC: Atlanta area adds nearly 80,000 in past year

ARC: Atlanta area adds nearly 80,000 in past year

The 10-county Atlanta region grew by more than 78,000 people in the past year, fueled in large part by a surge in new jobs, according to data released Thursday by the Atlanta Regional Commission. Some 4.48 million people now call the core counties of the Atlanta region their home, the ARC said. The highest rates of growth occurred in suburban counties, including Cherokee and Henry, and the city...
Kempner: Atlanta stadium’s roof an un-retractable business gamble

Kempner: Atlanta stadium’s roof an un-retractable business gamble

In a perfect-ish world, the super-expensive retractable roof on the new Mercedes-Benz Stadium in Atlanta would, you know, retract. That it doesn’t yet, at least not automatically, might cause a twinge of embarrassment and some extra costs for the Atlanta Falcons and Atlanta United. Rise up? How about “Open up!” But the roof and its challenges are reminders that the $1.5-billion...
Delta Dental plans 200-job Roswell expansion

Delta Dental plans 200-job Roswell expansion

A firm specializing in dental benefits is expanding its offices in Roswell with plans to add 200 jobs, largely in customer services positions, according to a news release Wednesday by the city’s economic development arm. Delta Dental Insurance Co. will lease the top two floors of the Stonebridge II building in the Sanctuary Park development in north Fulton County, the release said. The company...
Canadian giant Irving plans paper plant in Georgia, 200 jobs

Canadian giant Irving plans paper plant in Georgia, 200 jobs

A Canadian paper goods company said Wednesday it will build a new $400 million tissue plant in Macon. Irving Consumer Products, maker of Scotties tissues, Majesta toilet paper and a number of store-branded paper products, plans to hire 200 at the new complex. Construction is expected to start this summer, a news release from Gov. Nathan Deal’s office said, with completion expected in 2019. Irving...
UPS to pay $2 million to settle disability discrimination lawsuit

UPS to pay $2 million to settle disability discrimination lawsuit

Sandy Springs-based UPS has agreed to pay $2 million to 88 current and former employees to resolve a disability discrimination lawsuit and to cover related administrative charges, according to the U.S. Equal Employment Opportunity Commission. The EEOC filed the lawsuit in 2009, charging that UPS did not provide reasonable accommodations to employees with disabilities to enable them to perform their...
Big warehouse projects to bring jobs to Henry, Fulton counties

Big warehouse projects to bring jobs to Henry, Fulton counties

Metro Atlanta’s surge in warehousing, fueled largely by e-commerce, accelerated Tuesday with a pair of moves that will bring 1,600 new jobs to south Fulton County and likely hundreds more in Henry County. British online fashion giant ASOS said it will open an East Coast “fulfillment center” in Union City that will employ 1,600 people over the next five years. Panattoni Development...
U.K. e-commerce giant ASOS to hire 1,600 at new Atlanta area warehouse

U.K. e-commerce giant ASOS to hire 1,600 at new Atlanta area warehouse

The metro Atlanta area’s surge in warehousing ticked up yet another notch Tuesday with an announcement that British fashion merchant ASOS plans to open an e-commerce “fulfillment center” south of Atlanta where it says it will eventually employ 1,600. ASOS joins the ranks of Amazon, Tory Burch, Home Chef and many other brands in establishing new distribution centers...
Analysis: China, not Trump, is suddenly helping American steel

Analysis: China, not Trump, is suddenly helping American steel

American steel companies are thriving again, largely thanks to China, not President Donald Trump. Steel prices are surging. Prices in the United States are at the highest point in about three years, according to SteelBenchmarker. China is a major factor driving this "summer of steel."  The Chinese government has finally curbed some steel production, acknowledging that a glut of steel...
Perspective: This Trump real estate deal looks a lot like criminal tax fraud

Perspective: This Trump real estate deal looks a lot like criminal tax fraud

President Donald Trump clearly doesn't want to release his income tax returns to the public. Members of the public and commentators have progressed through stages of outrage, speculation and acceptance that they'll never see the goods, while others have made attempts to pry the documents free (such as proposed legislation in New York and other states that would require presidential candidates to release...
Kempner: Georgia Power’s nuclear tower teeters; EMCs ‘concerned’

Kempner: Georgia Power’s nuclear tower teeters; EMCs ‘concerned’

Our bumbling aspiration in Georgia to build more nuclear power is looking suspiciously like that wooden block game, Jenga. You know, the one where you take turns pulling out a block at a time, hoping not to topple the teetering tower. How many pieces can be pulled out before Georgia Power’s nuclear expansion at Plant Vogtle metaphorically collapses and takes with it billions of dollars in consumer...
The hidden environmental costs of dog and cat food

The hidden environmental costs of dog and cat food

Gregory Okin is quick to point out that he does not hate dogs and cats. Although he shares his home with neither — he is allergic, so his pets are fish — he thinks it is fine if you do. But if you do, he would like you to consider what their meat-heavy kibble and canned food are doing to the planet. Okin, a geographer at UCLA, recently did that, and the numbers he crunched led...
Most elder fraud is all in the family

Most elder fraud is all in the family

When you think of elder fraud, what comes to mind? If you think of Grandma getting spammed by a “Nigerian Prince” or phone-scammers who claim to be from the IRS, you aren’t alone. A recent Wall Street Journal article reported that 43 percent of older Americans exhibit one or more signs of financial victimization, but these scams that we hear so much about represent only a small portion...
Wells Fargo pays $108 million on fraud claim by Atlanta whistleblowers

Wells Fargo pays $108 million on fraud claim by Atlanta whistleblowers

Wells Fargo & Co. has agreed to pay $108 million to the federal government to settle two metro Atlanta whistleblowers’ allegations that the bank charged fraudulent fees on veterans’ home refinancing loans. The settlement award, disclosed Friday by an Atlanta firm representing the whistleblowers, is the largest so far to result from the 11-year-old lawsuit. Two former metro Atlanta mortgage...
Will Georgia make a play for a Toyota-Mazda factory?

Will Georgia make a play for a Toyota-Mazda factory?

Toyota and Mazda on Friday announced a joint venture to build a new factory in the United States, a move sure to trigger a bidding war among job-hungry states. The companies did not name a location for the new facility, but they said the $1.6 billion complex would employ 4,000. A number of car companies — particularly ones from overseas — have picked Sun Belt states for new car plants...
Georgia Business: Rinnai plans manufacturing facility in Griffin, plans to hire 300

Georgia Business: Rinnai plans manufacturing facility in Griffin, plans to hire 300

Japanese manufacturer Rinnai said Friday it will establish a manufacturing plant south of Atlanta where it plans to employ 300 in the next 10 years. Rinnai, perhaps best known in the U.S. as the maker of tank-less water heaters, said it would make components for that product at the new facility in Griffin in Spalding County. The $69 million facility will initially have 150 jobs, a news release from...
Expert: Nuke plants’ financing method increased customers’ costs, risks

Expert: Nuke plants’ financing method increased customers’ costs, risks

Customer-paid financing shifted too much risk away from the utilities building nuclear projects in Georgia and South Carolina to their customers, creating “debacles waiting to happen,” a former state and national utility regulator said Thursday. Earlier this week, the two utilities building two new reactors at the V.C. Summer plant in South Carolina decided to shut down the project. SCANA...
Secret Service vacates Trump Tower command post in lease dispute with president's company

Secret Service vacates Trump Tower command post in lease dispute with president's company

The Secret Service has vacated its command post inside Trump Tower in Manhattan following a dispute between the government and President Trump's company over the terms of a lease for the space, according to two people familiar with the discussions. Previously, the Secret Service had stationed its command post — which houses supervisors and backup agents on standby in case of an emergency...
Former eBay company says it’s hiring 1,150 seasonal workers in Georgia

Former eBay company says it’s hiring 1,150 seasonal workers in Georgia

Radial, a former unit of eBay, said it is hiring 1,150 seasonal employees ahead of the Christmas shopping season in its customer service center in Brunswick. The suburban Philadelphia firm operates call centers and distribution centers for Fortune 500 companies and other retailers such as Shoe Carnival and GameStop. Last year, the company hired about 1,150 seasonal workers at its Brunswick operation...
Atlanta rushing airport retail revamps? Some seeking contracts have concerns

Atlanta rushing airport retail revamps? Some seeking contracts have concerns

More than 100 people interested in contracts for shops at Hartsfield-Jackson International gathered Thursday to learn about the airport’s plan to revamp retail locations, with some raising concerns that the city is rushing the contracting process as Atlanta Mayor Kasim Reed’s term nears its end. The airport has more than 80 retail spots available around the domestic terminal and concourses...
Kempner: Georgia’s nuclear crisis of confidence

Kempner: Georgia’s nuclear crisis of confidence

This time, Southern Co. and Georgia Power will get their numbers right. Or so officials would like to believe. Continuing to fund the only remaining nuclear power plant under construction in the U.S. relies largely on decision-makers convincing themselves that the companies can accurately revise cost and schedule estimates for Plant Vogtle’s expansion. It’s a dicey proposition. Accuracy...
These metro Atlanta companies are making big hires this August

These metro Atlanta companies are making big hires this August

If you're looking to change jobs this August, you'll find some metro Atlanta companies, schools and agencies making big hires. Whether you'd like to work for the state Department of Juvenile Justice or want snag a position at one of Mercedes-Benz Stadium's new restaurants, you'll have plenty of jobs to choose from. Check out the following Atlanta employers who are making big hires this August...
Southern Co. says Vogtle costs to exceed $25B

Southern Co. says Vogtle costs to exceed $25B

The cost of expanding Plant Vogtle has swelled to more than $25 billion and work has slipped further behind schedule in the wake of a key contractor’s bankruptcy, according to estimates disclosed Wednesday by Southern Company. The new cost estimate is close to double the original projection when state regulators in 2009 approved plans for two new nuclear reactors at the plant near Augusta, and...
Market’s surge meets dollar’s swoon

Market’s surge meets dollar’s swoon

Six months into the Trump presidency, two symbols of American financial might — the Dow and the dollar — have taken divergent paths, highlighting the complexities that investors face as the global economy hums, while Washington is enmeshed in political turmoil. The Dow Jones industrial average on Wednesday passed the 22,000 milestone for the first time, an 11 percent surge for the year...
Southern Company: Plant Vogtle price rises to $25B

Southern Company: Plant Vogtle price rises to $25B

The full price of expanding Plant Vogtle has swelled to more than $25 billion and the project has slipped further behind schedule in the wake of a key contractor’s bankruptcy, according to estimates disclosed Wednesday by Southern Company. The Atlanta utility hasn’t made a decision about whether the troubled nuclear expansion should continue. But in comments during a conference call with...
Regulators: Georgia’s Vogtle not like S.C. nuke plant

Regulators: Georgia’s Vogtle not like S.C. nuke plant

Two of the five commissioners at Georgia’s utility regulator said the Plant Vogtle nuclear expansion is in better position to be completed than a similar South Carolina project that is being abandoned. Georgia Public Service Commissioner Doug Everett said he has “100 percent confidence” that Atlanta-based Southern Company’s nuclear arm can complete the Vogtle project,...
Regulators: Georgia’s Vogtle project not like shuttered S.C. nuke plant

Regulators: Georgia’s Vogtle project not like shuttered S.C. nuke plant

Two of the five commissioners at Georgia’s utility regulator said they believe the Plant Vogtle nuclear expansion is in a better position to be completed than a similar South Carolina project that is being abandoned. Georgia Public Service Commissioner H. Doug Everett said he has “100 percent confidence” that Atlanta-based Southern Company’s nuclear arm can complete the...
These metro Atlanta school districts have the most job openings

These metro Atlanta school districts have the most job openings

As school gets ready to start back in the metro Atlanta area, local districts still have plenty of job openings. More than 1,000 teachers are needed, but there are also many positions available for applicants with a wide variety of skill sets. The following are some of the metro Atlanta school districts with the largest number of openings: Approximate number of openings: 66 From visual...
Data center leasing hot in metro Atlanta so far in 2017

Data center leasing hot in metro Atlanta so far in 2017

Leasing of space inside data centers — the massive compounds of servers used to power the Internet and hold everything from your Instagram photos to corporate secrets — surged in metro Atlanta during the first half of the year, a report released Monday by real estate services giant JLL found. In general, the explosion of data usage — from streaming video, the Internet of Things and...
Plug being pulled on Plant Vogtle’s nuke twin in South Carolina

Plug being pulled on Plant Vogtle’s nuke twin in South Carolina

The plug is being pulled on a South Carolina nuclear project that is Plant Vogtle’s near-twin, because it would be “prohibitively expensive” to finish, the partners said. The partners in the South Carolina project, SCANA and a state-owned utility and supplier to electric cooperatives and cities, Santee Cooper, said Monday that they made the decision because of rising costs of the...
Mercedes-Benz fills skilled labor need through training push

Mercedes-Benz fills skilled labor need through training push

Steven Liu bent over the engine, leaning beneath the open hood of an S 550 model 2015 Mercedes. A technician at Mercedes-Benz of Marietta, Liu was examining a vehicle that sells for about $120,000 — roughly twice the median household income in metro Atlanta — and is equipped with all manner of Mercedes technology. There was a problem with one key component this humid and hot afternoon...
Coke seeks to ease Zero fans’ concerns

Coke seeks to ease Zero fans’ concerns

A repeat of the “New Coke” disaster, this probably isn’t. Coca-Cola announced last week that it is rolling out a new version of its popular Coke Zero brand with a new formula, look, and name. Coca-Cola Zero Sugar is supposed to taste much like regular Coke and give health-conscious people a better-tasting sugar-free alternative. But Coca-Cola kicked an ant hill with the announcement...
Kempner: How Starbucks killed a Ga. couple’s tea empire

Kempner: How Starbucks killed a Ga. couple’s tea empire

Too much caffeine does funny things to even the best of minds. Like when the espresso-sipping leaders at Starbucks said the revolution they sparked in coffee would happen with tea, too. In 2012, the Seattle-based giant struck a $620-million deal to buy Teavana, a mostly mall-based tea retailer that was built from scratch by Atlanta couple Andy and Nancy Mack. A measly five years later, Starbucks...
Ga. Power inks deal on Vogtle project oversight

Ga. Power inks deal on Vogtle project oversight

Georgia Power said it finalized an agreement to replace bankrupt contractor Westinghouse as the lead manager on its troubled Plant Vogtle nuclear expansion project. Under the agreement, Southern Nuclear, a unit of parent Southern Company, will take over the role for now. But Southern and Georgia Power, both based in Atlanta, will continue to assess how best to run the delayed project to build two...
The mysteries of auto insurance pricing

The mysteries of auto insurance pricing

With auto insurance costs spiking, Georgia drivers looking for a better deal may be focused on avoiding accidents and speeding tickets. A clean driving history, after all, is what insurers are looking for – right? These days, not so much. Insurers mine all sorts of personal information that has a huge influence on how much individuals pay for auto coverage. Consider this: A bad credit score...
Don’t want to teach? Here are 6 education gigs outside of the classroom

Don’t want to teach? Here are 6 education gigs outside of the classroom

Unless you're a teacher, a metro Atlanta school may not be the first place you'd think to apply for a job. But don't dismiss schools as possible employers since they have a wide variety of jobs that require a diverse set of skills. Here are some non-teaching gigs you can get at metro Atlanta schools: Local schools depend on thousands of bus drivers to get kids safely to and from school, sporting events...
Delta spending $437M for a piece of Air France

Delta spending $437M for a piece of Air France

Delta Air Lines is acquiring a 10 percent stake in Air France, part of a round of cross-border investments among the airline’s international partners. Atlanta-based Delta will buy the stake, worth about $437 million, in Air France-KLM, and it will gain a seat on the board. Air France will buy a 31 percent stake in Virgin Atlantic from Virgin Group, while another Delta partner, China Eastern...
Bezos surpasses Gates as world's richest ahead of Amazon results

Bezos surpasses Gates as world's richest ahead of Amazon results

A surge in Amazon.com shares Thursday morning in advance of the online retailer's earnings report has propelled founder Jeff Bezos past Bill Gates as the world's richest person. Shares of the online retailer rose 1.8 percent to $1,071.31 as of 9:30 a.m. in New York. If the gains hold through the close, Bezos, 53, could leapfrog Gates on the Bloomberg Billionaires Index. The 61-year-old Microsoft co-founder...
Delta buying stake in Air France

Delta buying stake in Air France

Delta Air Lines is acquiring a 10 percent stake in Air France, part of a round of cross-border airline investments among the airline’s partners. Atlanta-based Delta will buy the stake worth about $437 million in Air France-KLM, and will gain a seat on the board of Air France-KLM. Air France will buy a 31 percent stake in Virgin Atlantic from Virgin Group. Delta partner China Eastern is also...
Why Twitter won't ban President Donald Trump

Why Twitter won't ban President Donald Trump

Twitter has made it clear that it won't ban Donald Trump from its service, whether the president follows its rules against harassment or not. That's no surprise: The president's tweets draw attention to the struggling service, even if tweets mocking reporters and rivals undercut Twitter's stated commitment to make the service a welcoming place. The company has been cracking down on accounts that violate...
UPS sees growth in shipments in U.S., while eyeing opportunities in China

UPS sees growth in shipments in U.S., while eyeing opportunities in China

Sandy Springs-based UPS said it is handling more shipments due to e-commerce, seeing more business in Europe and looking toward growth in China. The company reported a second-quarter profit of nearly $1.4 billion, up 9.1 percent year-over-year. UPS said growth in e-commerce is driving increased revenue in its U.S. domestic segment. But closures of brick-and-mortar retail stores are slowing growth...
Wes Moss: 3 mistakes of unhappy retirees

Wes Moss: 3 mistakes of unhappy retirees

What do we talk about when discussing retirement planning? One of the most deep-seated human fears, “Will my money ever run out?” Hence, much of the discussion and debate centers on saving and investing to build a retirement war chest that will fund our post-career years. What is often overlooked, though, in this savings arms race is our quality of life in retirement. Will you be a happy...
Kempner: Atlanta-based practice offers would-be parents a sort of fertility 401(k)

Kempner: Atlanta-based practice offers would-be parents a sort of fertility 401(k)

The process of making babies is, biologically speaking, designed to be pretty dang glorious. But this isn’t a column about sex. It’s about efforts to expand the business of having babies later in life, an exercise sometimes loaded with anxiety and steep costs for would-be parents. An Atlanta-based medical practice backed by big investors wants to become a national powerhouse with a pitch...
Coca-Cola takes a chance on Coke Zero remake

Coca-Cola takes a chance on Coke Zero remake

As it grapples with consumers’ declining thirst for sugary drinks, Coca-Cola has decided to change the name, recipe and look of one of its most successful sodas, Coke Zero. The new version will be called Coca-Cola Zero Sugar, with the added word intended to underline its lack of an ingredient spurned by many. It’s also supposed to taste a bit more like regular Coke. It comes out in August...
Park over Ga. 400 in Buckhead moves forward

Park over Ga. 400 in Buckhead moves forward

An ambitious plan to build a park over Ga. 400 in the heart of Buckhead took a step forward when a self-taxing business group voted to fund the next phase of study, and to start the process to set up a nonprofit to manage development of the $250 million project. The 9-acre “deck park,” one of two proposed in Atlanta, would create green space and a central gathering place across a...
Coke: A new version of Coca-Cola Zero hits U.S. shelves next month

Coke: A new version of Coca-Cola Zero hits U.S. shelves next month

Coca-Cola said it is rolling out a new recipe, name and look in North America to replace one of its most successful products — Coca-Cola Zero. The Atlanta beverage giant announced the new version during its second-quarter earnings report. It will be called Coca-Cola Zero Sugar. The new cans and bottles, to roll out in August, will also mostly mimic Coca-Cola’s traditional red packaging...
Amazon to offer Sprouts groceries through Prime Now same-day service

Amazon to offer Sprouts groceries through Prime Now same-day service

Fresh off its announced acquisition of Whole Foods Market, Amazon said Wednesday it has now partnered with Sprouts Farmers Market to offer one- and two-hour delivery of products from the high-end grocer to its Prime members in the Atlanta area. The new offerings from Sprouts under Amazon’s Prime Now service comes as the e-commerce giant pushes deeper into its plans to offer same day delivery...
Take a look at new concepts for Buckhead park over Ga. 400

Take a look at new concepts for Buckhead park over Ga. 400

The Buckhead business district behind an ambitious plan to build a park over a portion of Ga. 400 voted Wednesday to fund the next phase of study and to set up a nonprofit organization to manage future development of the $250 million project. The 9-acre “deck park,” one of two proposed in Atlanta, would create green space and a central gathering place over a half-mile stretch of Ga...
Comcast rolls out mobile phone service in Atlanta stores

Comcast rolls out mobile phone service in Atlanta stores

Comcast said Wednesday it is rolling out its mobile phone service at its Atlanta retail stores this week as the company dives into the national cellular business. Xfinity Mobile will be sold at six Atlanta area Comcast retail outlets, and Atlanta is among the first markets in the Southeast where the communications giant is unveiling the service in its stores. “Our Atlanta customers continue...
Smoking at the MARTA station

Smoking at the MARTA station

This is the first in an occasional series of short videos documenting common challenges riders on MARTA may experience. Smokers often ignore the “no smoking” signs at stations. Even MARTA employees have been spotted smoking near this sign at MARTA’s Kensington station. This video was shot in July at that station.
Ukrainian conspirator in Atlanta hack sentenced

Ukrainian conspirator in Atlanta hack sentenced

A Ukrainian involved in a scheme that netted millions after hacking into an Atlanta payment processor was sentenced to 46 months in federal prison. Evgeny Tarasovich Levitskyy, 31, acted as one of the “cashers” who withdrew more than $9 million from 2,100 ATMs around the globe in less than 12 hours, according to the FBI. He is also known as Vinchenco, Vinch, and M.U.R.D.E.R.E.R., according...
How to get a job as a school bus driver in metro Atlanta

How to get a job as a school bus driver in metro Atlanta

As metro Atlanta students head back to school, they'll depend on a large contingent of bus drivers to safely get them to school and back home again. School bus drivers will also shuttle kids to and from field trips, athletic events and other activities. Navigating a school bus isn't always easy, but it can be rewarding work that offers a schedule that often appeals to parents, retirees, college...
Sierra Club: Georgia Power’s coal ash plan illegal

Sierra Club: Georgia Power’s coal ash plan illegal

The Sierra Club said Georgia Power’s plans to close its toxic coal ash ponds will dump heavy metal-laden wastewater into the state’s rivers and lakes and violate the federal clean water law. Georgia Power is planning to shut down 29 ponds that hold coal ash, a waste product of burning coal that can contain toxic metals such as mercury, lead, arsenic and other toxins, according to the environmental...
Sierra Club plans lawsuit over Georgia Power plants’ wastewater

Sierra Club plans lawsuit over Georgia Power plants’ wastewater

The Sierra Club said Georgia Power’s plans to close its toxic coal ash ponds will dump heavy metal-laden wastewater into the state’s rivers and lakes and violate the federal clean water law. Georgia Power is planning to shut down 29 ponds that hold coal ash, a waste product of burning coal that can contain toxic metals such as mercury, lead, arsenic and other toxins, according to the environmental...
Savannah and Brunswick ports set record for fiscal year

Savannah and Brunswick ports set record for fiscal year

The Georgia Ports Authority said Monday it broke a new record in the number of shipping containers it moved in the past fiscal year, buoyed by what its executive director described as organic growth as well as new business from larger ships plying the waters of the East Coast. The authority moved 3.85 million twenty-foot equivalent (TEU) container units in the 12 months ended in June, up 6.7...
Looking for a job? These are Atlanta’s highest-paying jobs with the most openings right now

Looking for a job? These are Atlanta’s highest-paying jobs with the most openings right now

When it comes to job hunting, Atlanta is considered a land of bountiful opportunity. And according to LinkedIn data, the most in-demand jobs in the city right now can potentially earn you an income upward of $120,000. Based on the top 100 job titles with the highest number of jobs currently listed in the Atlanta area, LinkedIn analysts found the 10 highest-paying career opportunities in...
‘We’re back,’ SunTrust exec says after stronger profits

‘We’re back,’ SunTrust exec says after stronger profits

SunTrust Banks said rising consumer lending and higher interest earnings on loans have helped the Atlanta bank’s bottom line despite slowing demand from business customers. Meanwhile, Georgia’s largest bank has been adding employees through internal growth and a 2016 acquisition, even though it is still shutting bank branches at a healthy clip. SunTrust’s workforce has grown by more...
‘We’re back,’ says SunTrust executive after stronger profits

‘We’re back,’ says SunTrust executive after stronger profits

SunTrust Banks said rising consumer lending and higher interest earnings on loans helped the Atlanta bank’s bottom line despite slowing demand from business customers. Meanwhile, Georgia’s largest bank has been adding employees through internal growth and a 2016 acquisition, even though it is still shutting bank branches at a healthy clip. SunTrust’s workforce has grown by more than...
Hartsfield-Jackson launches contracting process for new retail shops

Hartsfield-Jackson launches contracting process for new retail shops

Hartsfield-Jackson International Airport is inviting companies to submit proposals for more than 80 new retail shops around the domestic terminal and concourses. The Atlanta airport is seeking proposals for contracts for ten different packages of retail concessions locations. The airport plans to hold a pre-proposal conference for interested companies on Aug. 3 at noon at the Georgia International...
Study: Atlanta and Georgia pensions get mixed grades

Study: Atlanta and Georgia pensions get mixed grades

Despite the booming stock market in recent years, most state and local government pension plans fell further behind their retirement obligations in 2016, according to a new study released Thursday. That included some local pensions, such as Georgia's largest public pension plan, the $65.7 billion Teachers Retirement System of Georgia. The typical government pension’s funding level — or...
Ga. banks less stressed, but lending slowdown a worry

Ga. banks less stressed, but lending slowdown a worry

Judging from regulators’ recent actions and stock market movements, you might think banks big and small have made a turn onto Easy Street. All the largest U.S. banks, including Atlanta-based SunTrust Banks, recently passed this year’s Federal Reserve “stress tests” aimed at ensuring they could survive a severe recession. That unlocked their plans to boost dividends and stock...
Developer plans major renovation of Buckhead luxury hotel

Developer plans major renovation of Buckhead luxury hotel

A Texas firm plans an extensive renovation of the W Atlanta-Buckhead hotel after its recent purchase of the 12-story building. Woodbine Legacy Investments acquired the W Atlanta-Buckhead hotel on Peachtree Road near Atlanta Financial Center for $73 million. The 291-room hotel also includes the rooftop bar Whiskey Blue and Cook Hall restaurant. The Buckhead property is one of three W hotels in...
Ga. job growth bounces back in June

Ga. job growth bounces back in June

Like a tired driver with a fresh jolt of caffeine, the Georgia economy punched the gas in June and powered to a strong month of job growth and the lowest unemployment rate since the fall of 2007. The state added 27,400 jobs, while the jobless rate slipped from 4.9 percent in May to 4.8 percent in June, the state Labor Department reported Thursday. That job growth was more than double the average of...
Developer steps down from Ohio project as Atlanta deals ramp up

Developer steps down from Ohio project as Atlanta deals ramp up

Atlanta developer Carter is stepping down from its 10-year role as the lead developer in a massive project in Cincinnati, a move that comes as the group gears up for a pair of high-profile projects in its hometown. Carter said Thursday it will not serve as the master developer in future phases of The Banks in Cincinnati, an ambitious riverfront development it has led since 2007 outside stadiums for...
Court allows Trump travel ban enforcement, but says it must allow broader exemptions

Court allows Trump travel ban enforcement, but says it must allow broader exemptions

WASHINGTON — The Supreme Court on Wednesday allowed the Trump administration to enforce its refugee ban for now, but said it must allow broader exemptions to the president's travel ban for family members, including grandparents. The justices in a short order refused the administration's request that it stay a lower court's decision that said the Trump administration had too severely interpreted...
Delta plans to relaunch Atlanta-Shanghai flights

Delta plans to relaunch Atlanta-Shanghai flights

Delta Air Lines plans to relaunch flights from Atlanta to Shanghai, reinstating a crucial economic link between the Southeast and China. Atlanta-based Delta aims to launch the service a year from now, in July 2018, with 291-seat Boeing 777-200LRs. The launch of the route is subject to government approval, and Delta is submitting its application Wednesday for the route. There are currently no nonstop...
Mortgage lender to pay $4.2 million after Atlanta-based probe

Mortgage lender to pay $4.2 million after Atlanta-based probe

A former California mortgage lender agreed to pay $4.2 million to settle civil fraud allegations that its lending practices in the Southeast caused taxpayers to lose millions of dollars when homeowners defaulted on their loans after the Great Recession. The U.S. Attorney’s Office in Atlanta said that one in eight of Prospect Mortgage Company’s mortgage loans went into default...
For Delta and other companies, social media can be toxic minefield

For Delta and other companies, social media can be toxic minefield

It was the airline complaint heard ‘round the Twittersphere. Conservative pundit Ann Coulter paid $30 extra for more legroom in the exit row and pre-booked an aisle seat on a Delta Air Lines flight from New York’s LaGuardia Airport to West Palm Beach, Fla. Delta moved her from her preferred aisle seat to a window seat in the same row. On the cab ride from the airport, Coulter...
Reports: Atlanta home prices still higher than last year

Reports: Atlanta home prices still higher than last year

This week, two reports are singing harmony about the metro Atlanta housing market: there are fewer homes sold, while the ones that are selling are going for higher prices. While the reports issued by both the Atlanta Realtors Association and Re/Max Georgia differ slightly, they tell similar stories and they start the same way – with a drop in inventory. That is, the number of homes listed...
Coulter vs Delta tweetstorm continues

Coulter vs Delta tweetstorm continues

Conservative pundit Ann Coulter continued a war of words against Delta Air Lines on Monday after she was moved from a seat that she had pre-booked and paid extra for. Coulter wanted an aisle seat in the exit row with extra legroom, and reserved such a seat. Atlanta-based Delta moved her to a window seat in the same exit row. Ever since that fateful Saturday night flight, Coulter has unleashed a string...
Portman ponders two more Midtown Atlanta towers

Portman ponders two more Midtown Atlanta towers

Portman Holdings, which already has a Midtown Atlanta tower called Coda in the works, said Monday it is in “pre-development” for two additional towers at Georgia Tech’s Technology Square. The project would include a pair of skyscrapers totaling more than 610,000 square feet of office space, 140 residences, retail space, a bank and more than 1,000 parking spaces. The proposed development...
Portman considering two new towers in Midtown Atlanta near Tech Square

Portman considering two new towers in Midtown Atlanta near Tech Square

Portman Holdings already has a Midtown Atlanta tower in the works called Coda. But perhaps the tower at Georgia Tech will be more like Portman’s prelude for bigger things to come. The Atlanta-based development firm on Monday said it is in “pre-development” for two additional towers adjacent to Coda at Georgia Tech’s Technology Square. The project would include a pair of...
Wes Moss: Ignore Wall Street’s retirement numbers and create your own

Wes Moss: Ignore Wall Street’s retirement numbers and create your own

Fear is a powerful marketing tool. Yes, sex sells, but striking doubt or terror into the public’s heart can be even more effective. Need proof? Ask yourself how much you need to retire without eating cat food for dinner or greeting Wal-Mart shoppers at age 87. To hear Wall Street tell it (or sell it), you need to amass between $1 million and $2.5 million in retirement savings if you want an...
Southwest is OK being No. 2 at ATL, CEO says

Southwest is OK being No. 2 at ATL, CEO says

Southwest Airlines is the No. 2 carrier at Hartsfield-Jackson International Airport, and CEO Gary Kelly acknowledged he’s not jockeying to bump Atlanta-based Delta Air Lines from its leading position here. “We’re never going to be the No. 1 airline here in terms of the most seats or most flights or the most number of passengers, but we are a very significant No. 2,” Kelly said...
CBO: White House budget wouldn't eliminate deficit or do much to grow economy

CBO: White House budget wouldn't eliminate deficit or do much to grow economy

WASHINGTON — The Congressional Budget Office said Thursday that President Trump's first budget plan would not eliminate the deficit over 10 years or grow the economy at all by 2021, casting doubt on the administration's controversial economic assumptions that were supposed to bolster key parts of the White House's agenda over the next year. CBO projected that the sweeping spending reductions...
Why you should change your Verizon PIN right now

Why you should change your Verizon PIN right now

Verizon confirmed Wednesday that data belonging to 6 million customers was leaked online in June. News of the incident was first reported by ZDNet. In a statement on the company's website, Verizon said the leak was caused by an employee of one of the company's vendors who accidentally allowed external access to information put in a cloud storage area. ZDNet reported that the data was leaked on an...
Qatar Airways boss sorry for ‘grandmothers’ remark

Qatar Airways boss sorry for ‘grandmothers’ remark

Qatar Airways CEO Akbar Al Baker, who has sparred with Delta Air Lines executives over policy issues in recent years, is apologizing for referring to U.S. airline flight attendants as “grandmothers.” “I should like to apologize unreservedly to those offended by my recent remarks which compared Qatar Airways cabin crew with cabin crew on U.S. carriers,” Al Baker said Wednesday...
Trump trade battles could bruise NW Georgia

Trump trade battles could bruise NW Georgia

DALTON, GA. — Beneath the “Buy American” roadside signs, a globalist heart beats in this corner of northwest Georgia. In the late 1980s, factories began eagerly hiring Mexican immigrants to help fuel a boom in the so-called Carpet Capital of the World. Automation and the 2008 recession pared a lot of jobs. But now plants of all sizes are back at it, producing about half the world&rsquo...
Should job market influence what colleges teach and how?

Should job market influence what colleges teach and how?

Should colleges warn theater or philosophy majors their field of study is unlikely to lead to a good-paying job? Should career prospects and earnings become part of discussions with students enrolling in universities and colleges, which have long resisted becoming job training programs? And should trends in the job market influence what and how colleges teach? A new study out of the Georgetown University...
Georgians’ auto premiums are through the roof, say consumer researchers

Georgians’ auto premiums are through the roof, say consumer researchers

Auto insurance rates have risen by 54 percent in Georgia since 2011, faster than in any other state, according to a consumer research firm. The spike in auto premiums is more than double the national average over the last six years, and has made insurance too expensive for many Georgians to handle, said ValuePenguin in a recent report. Nationwide had the biggest rate increase (107 percent) during...
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