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06 января, 2011 04:01
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Stranded Travelers Improvise
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Travelers Improvise to Find a Way Home By ROBBIE BROWN Published: December 28, 2010 var articleToolsShareData = {"url":"http:\/\/www.nytimes.com\/2010\/12\/29\/us\/29atlanta.html","headline":"Travelers Improvise to Find a Way Home","description":"Holiday travelers are mixing planes, trains and taxis to get to their destinations.","keywords":"Snow...
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15 октября, 2010 20:09
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ATL gets $47M fed funding for streetcar
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Atlanta will get a streetcar thanks to persistent efforts to go after federal funding. An official announcement is expected next week, but on Friday U.S. Rep. John Lewis issued a press release saying the city will get $47 million from the U.S. Department of Transportation for the project. The Georgia Transit Connector Project would run from Centennial...
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15 октября, 2010 20:09
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U.S. withdraws 2018 World Cup bid
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The United States has withdrawn its bid to host the 2018 World Cup soccer tournament and will concentrate on trying to land the 2022 tournament. Atlanta’s Georgia Dome is among the proposed venues included in the bid to host the prestigious tournament that was staged this summer in South Africa. The USA Bid Committee said Friday that four European...
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15 октября, 2010 18:12
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Разное
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UGA enrollment dips in fall
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The University of Georgia’s 2010 total fall student body enrollment dipped 0.5 percent to 34,677. The university reported are 7,752 new students, with 4,333 first-time freshmen. Freshmen enrollment is down less than 1 percent. UGA’s total enrollment figures included 33,713 students on UGA’s main campus in Athens, a decrease of 0.25...
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15 октября, 2010 18:12
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Knology buys Sunflower
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Knology Inc. completed its $165 million deal to buy Sunflower Broadband. The West Point, Ga.-based broadband entertainment and digital telephone services provider (NASDAQ: KNOL) used $48 million of cash on hand to partially fund the transaction. It also landed a $770 million first lien credit facility to partially fund the acquisition, refinance the...
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15 октября, 2010 16:15
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Разное
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GE Energy profit flat, revenue drops
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GE Energy’s segment profit was flat and revenue dropped 14 percent in the third quarter, but parent GE said the unit “delivered as expected in a tough environment.” The Atlanta-based energy unit of General Electric Co. (NYSE: GE) had a segment profit of $1.6 billion on $8.4 billion in revenue, compared with segment profit of $1.6...
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15 октября, 2010 16:15
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Разное
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Nexidia raising $20 million
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Atlanta-based speech search company Nexidia Inc. will raise about $20 million in a new round of funding, sources told Atlanta Business Chronicle. Nexidia, which provides speech analytics software technology and services, declined comment. New investors are said to include investment firm HarbourVest Partners and BlueCross BlueShield Venture Partners,...
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15 октября, 2010 14:13
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Разное
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Genuine Parts earnings spiked in Q3
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Genuine Parts Co. posted 22 percent profit growth in the third quarter of 2010. The Atlanta-based automotive, electrical and industrial parts company (NYSE: GPC) had net income of $131.8 million and earnings of 83 cents a share, compared with net income of $107.6 million and earnings of 67 cents a share in the third quarter last year. Third-quarter...
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15 октября, 2010 14:12
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Superior Essex expands in China
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Wire and cable products company Superior Essex Inc. gained a 70 percent majority ownership in Changzhou Olong Electrical Insulating Materials Co. Ltd. in China for an undisclosed amount. Atlanta-based Superior Essex is the world’s largest maker of winding wire and, through its IVA operations, the world’s second-largest manufacturer of...
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14 октября, 2010 21:11
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Разное
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Georgia-Pacific settles in Wisconsin suit
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Wisconsin and the federal government are filing a major Superfund lawsuit against paper companies to force continued cleanup of contaminants in the Lower Fox River and Green Bay as well as other damages. The Wisconsin Department of Justice said total cleanup costs and damages are expected to exceed $1 billion, according to a press release. The agency...
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14 октября, 2010 21:11
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Разное
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Delta to set pace for huge Q3 airline profits
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With Delta Air Lines Inc. leading the way, the major players in the airline industry are poised to post a whopping $2.4 billion in profits in the third quarter, one industry analyst predicts. AirlineFinancials.com expects that the nine biggest U.S. carriers will collectively report $2.4 billion in profits on $33.3 billion in revenue, with an average...
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14 октября, 2010 21:11
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Engauge opens office in Promenade II
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Marketing firm Engauge opened an “innovation center” at Promenade II in Midtown Atlanta. The 22,000-square-foot office will research and invest in emerging media and seek solutions to consumer problems through technology. The new office will grow the Columbus, Ohio-based agency’s presence in Atlanta by 30 percent. It has 110 employees...
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14 октября, 2010 21:11
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Acuity Brands buys Winona
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Acuity Brands Inc. bought Minnesota-based Winona Lighting Inc. for an undisclosed amount. Winona is known for architectural and high-performance indoor and outdoor lighting products. “The acquisition of Winona Lighting strengthens our presence with the design community, while providing opportunities to further leverage our capabilities and broad...
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14 октября, 2010 18:24
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U.S.-Canada trade deficit grows wider
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America’s trade deficit with Canada grew wider toward the end of summer, according to a report released Thursday morning by the U.S. Bureau of Economic Analysis. The U.S.-Canadian trade gap reached $2.19 billion in August, up from $1.43 billion in July. American companies exported $21.05 billion of goods to Canadian customers in August, but...
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14 октября, 2010 18:24
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Разное
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Forbes: Ga. No. 8 state for business
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Georgia remains among the best states for business and careers and has the best regulatory environment, but its position is dropping according to Forbes magazine. The Peach State ranked eighth on Forbes 2010 “Best States for Business and Careers” list, down from sixth in 2009. Georgia’s gross state product was $324 billion, Forbes...
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14 октября, 2010 15:20
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Georgia seventh in foreclosures in Q3
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Georgia had the seventh-most foreclosures of any state in the third quarter, with one for every 98 households, according to RealtyTrac. The Peach State posted 41,231 foreclosures in the period, up 8.3 percent from the second quarter (when it ranked eighth in the nation) and up 23.5 percent form the third quarter of 2009. Foreclosures are defined as...
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14 октября, 2010 15:20
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GSU gets $3.6M literacy grant
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Georgia State University’s Reading Recovery Training Center will get $3.6 million over the next five years to improve literacy skills among struggling first graders in underperforming schools. Georgia State is one of 15 partners with The Ohio State University that won a portion of a $54 million “Investing in Innovation” federal grant...
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13 октября, 2010 22:16
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UPS had role in Chilean miner rescue
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United Parcel Service Inc. played a role in rescuing the 33 Chilean miners who were trapped underground for 69 days. The Atlanta-based package shipper was responsible for seven shipments of drill bits and heavy equipment that were mandatory for the rescue mission that began to bring the miners to the surface late Tuesday night. UPS Humanitarian Supply...
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13 октября, 2010 22:16
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ABC publisher joins new UGA Board of Visitors
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Atlanta Business Chronicle Publisher Ed Baker is among more than 30 to form The University of Georgia Board of Visitors’ inaugural class. The group said its goal is to build relationships between the university and the state’s elected officials, business leaders and community organizations. Members will serve a two-year term. The members...
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13 октября, 2010 22:16
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Разное
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Foreclosure probe launched by all 50 states
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A coalition of all 50 states and the District of Columbia said Wednesday it will investigate the validity of foreclosure documents. Alabama initially declined to be among the coalition, but it reversed course later in the day. The move intensifies the political pressure lenders are under to temporarily halt foreclosures. Lenders face mounting criticism...
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