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AJC Business News

AJC Business News

Coca-Cola Enterprises’ CEO John Brock blogs about deal with Coca-Cola

John Brock has a couple of weighty titles, including chairman and chief executive of Coca-Cola Enterprises, the world’s biggest bottler of Coca-Cola products.

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AJC Business News

Thomas Oliver: We are crippling our young

There are some issues that we as a country seem oddly silent about. Like the unemployment rate of our young people, particularly young blacks.

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AJC Business News

Building owner countersues Cousins

BentleyForbes, the owner of Bank of America Plaza in Midtown, has filed a countersuit against Atlanta-based Cousins Properties, claiming the developer defamed BentleyForbes and its agents in public statements following the termination of Cousins’ property management agreement at the skyscraper.

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AJC Business News

Law firms bulk up their caseloads via governments

Bermuda is better known as a vacation retreat than a political hot spot. Yet the island nation is in the midst of a national debate over rewriting a nearly 90-year-old law that spells out who can vote in elections, what the government’s responsibilities are and what falls under the purview of the island’s two municipalities, Hamilton and St.

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AJC Business News

Coca-Cola hopes to buy majority of Russian juice company

Coca-Cola Co. hopes to purchase a majority stake in a Russian fruit juice company, a deal that could give the company the lead in the Russian juice market.

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AJC Business News

Delta adds Chicago to Shuttle operation

Delta Air Lines plans to add Chicago O’Hare International Airport to its Shuttle operation from New York, as it seeks to both build strength in the Big Apple and grab a bigger piece of the business travel market in the Windy City.

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AJC Business News

CNN’s Amanpour to leave for ABC News

Christiane Amanpour, longtime international correspondent for CNN, is leaving for ABC News. Atlanta-based CNN confirmed Thursday longtime rumors that Amanpour will leave at the end of April.

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AJC Business News

Coal plant backers push bill to make it hard to appeal environmental permits

A bill moving forward in the state Senate would make it harder to appeal permit decisions by the state Department of Natural Resources.

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AJC Business News

Georgia’s jobless rate edges up to 10.5 percent

Georgia’s jobless rate edged up to a record 10.5 percent in February, staying higher than the national average for the 29th straight month, the state Labor Department reported Thursday.

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AJC Business News

Homebuilder’s restoration project slowing down

Building a house and restoring a house are not the same thing, just ask John Wieland. The veteran builder has been working on a restoration project in Ansley Park for two years, while his company John Wieland Homes and Neighborhoods has built hundreds of new homes over the same period of time.

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AJC Business News

Stake in W Hotel building on auction block

A Chicago real estate investment firm is preparing to auction off its stake in the building that houses the downtown W Hotel and Residences.

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AJC Business News

Gov’t orders recall of 1.2 million high chairs

WASHINGTON – The government is announcing a recall of some 1.2 million high chairs, saying they pose a fall hazard to children.

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AJC Business News

FedEx sees economic recovery spreading

The company, considered an economic bellwether because of the variety of products it ships, said Thursday it earned $239 million, or 76 cents per share, compared with $97 million, or 31 cents per share a year earlier.

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AJC Business News

Belgian solar company chooses Atlanta

A Belgium-based solar energy company announced Thursday that Atlanta will be home for its Americas headquarters serving the Southeast, Canada and Latin America.

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AJC Business News

FDIC to decide soon on ending guarantee

WASHINGTON – The head of the Federal Deposit Insurance Corp. said Thursday the agency will decide soon whether to end a government guarantee for special deposit accounts in banks used by businesses.

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AJC Business News

Facebook virus steals bank passwords, other private information

Facebook users, there’s a new virus out there, according to multiple media reports. Anti-virus company McAfee Inc.

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Atlanta Development Authority gets new president

The Atlanta Development Authority, the economic development arm of city government, has a new president.

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AJC Business News

Hartsfield-Jackson still No. 1 in passengers

Hartsfield-Jackson International Airport has again been confirmed as the world’s busiest, but the mix of other airports near the top is changing.

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AJC Business News

FedEx says economic recovery is broadening

The company, considered an economic bellwether because of the variety of products it ships, said Thursday it earned $239 million, or 76 cents per share, compared with $97 million, or 31 cents per share a year earlier.

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AJC Business News

FDIC to decide on ending guarantee

WASHINGTON – The head of the Federal Deposit Insurance Corp. says the agency will decide soon whether to end a government guarantee for special deposit accounts in banks used by businesses.

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