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AJC Business News

AJC Business News

Immigrants a force in Georgia

While accurate numbers are hard to find, most estimates put the number of foreign-born residents in Georgia at nearly 1 million – the ninth-largest immigrant segment in the United States.

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AJC Business News

‘Flying pasties’ protect your privacy at airport

If you hate the idea of airline scanners staring at your private parts, there’s now a product for you.

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AJC Business News

Equifax says profit up, feeling ‘stronger momentum’

Equifax posted a 20 percent profit gain in the second quarter, and the Atlanta-based credit rating company said Wednesday it is optimistic about continued growth.

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East Point apartments sell for $39 million

An East Point apartment complex recently sold for $39 million, according to Cushman & Wakefield, the firm that brokered the deal.

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Cox Enterprises promotes trio

Cox Enterprises said it has promoted three executives to new roles at the Atlanta-based owner of cable television, auto auction and media properties.

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Air fares rise in Atlanta, nationally

Air fares are climbing again, as travelers return to the skies and airlines try to boost revenues.

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Southern Company reports higher Q2 earnings

Unusually hot weather helped counter a still struggling southeastern economy this spring, delivering a good second quarter for Atlanta-based Southern Co.

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Coca-Cola Enterprises posts higher Q2 profit

Coca-Cola Enterprises, the world’s biggest bottler of Coca-Cola products, said second quarter revenue declined slightly but profits rose because of lower costs.

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Slain soldier’s kin to lose their home

Patricia Roberts lost her son in the Iraq war. Now she’s going to lose her home. A judge informed Roberts on Monday that she had seven days to find a new place to live.

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Southern Co. CEO Ratcliffe to retire

Southern Co.’s top executive is retiring at the end of the year and will be replaced by one of his top lieutenants, the Atlanta-based utility said Tuesday.

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GWCC loses money for third year, but less than anticipated

The Georgia World Congress Center lost money in fiscal 2010, which ended June 30, but the loss wasn’t as big as anticipated.

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Asbury Automotive earnings up again, looking for acquisitions

It was less than two years ago that Duluth-based Asbury Automotive Group’s future was bleak. The recession, which led to declining vehicle sales, mounting losses and a plummeting stock price, coupled with an inefficient cost structure, had the nation’s…

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Georgian Bank shareholders sue ex-CEO, chairman

A group of investors in the parent of Georgian Bank have filed suit against two former top officials claiming they failed to disclose important information about the bank’s condition before it spiraled out of control and was shut down in September 2009.

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St. Joseph’s Health System eliminates 40 positions

St. Joseph’s Health System has eliminated 40 staff positions in areas such as accounting, food services and other administrative areas, said hospital spokeswoman Amanda Rosseter.

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Grocery rankings change again

Through no fault of its own, Publix did not last long atop the grocery rankings in metro Atlanta. It was just a month ago that Florida-based Publix completed a long climb to the No.

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May housing index up, follows trend

For the second month in a row, the S&P Case-Shiller Index for metro Atlanta shows both month-to-month and year-over-year increases in seasonally adjusted home sale prices.

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Don’t be a perfectionist in your job search

Here’s a question I sometimes pose in workshops for job seekers when I’m asked about the “right” way to do a job search: Do you want to do a perfect job search or do you want to get a job?

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Supermarkets competing with restaurants to sell take-home dinners

As more time-strapped consumers eat dinner at home, supermarkets have become an increasingly important source of prepared foods and take-out meals, according to research firm The NPD Group.

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RockTenn reports fiscal third quarter profit drops

Container and packaging maker RockTenn said profit in its fiscal third quarter fell from the prior-year comparable quarter.

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Job tips for recent college grads

Many college graduates are growing weary as they become just another number in the crowded job market.

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