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Top News & Analysis Georgia

  • A worry for Prime Minister Shinzo Abe is that a bankruptcy would give President Donald Trump cause to criticise Japanese firms operating in the United States. "Westinghouse is a major employer and nuclear industry company with ongoing nuclear new build projects in two different states, one of which is supported by U.S. Department of Energy loan guarantees,"...

  • TOKYO, March 27- Toshiba Corp's U.S nuclear unit could file for Chapter 11 protection from creditors as early as Tuesday, according to a source with direct knowledge of the matter, hoping to ring fence losses ahead of the end of its financial year. Separate sources with knowledge of the matter said last Friday Toshiba had informed its main banks that it was...

  • RALEIGH, N.C.— The Associated Press used dozens of interviews and multiple public records requests to determine that North Carolina's "bathroom bill" will cost the state more than $3.76 billion in lost business over a dozen years. A state Commerce Department analysis shows officials expected a planned Charlotte PayPal operations center to contribute more...

  • NEW YORK, March 24- The death of the Republican healthcare reform may not prove to be the knife to the heart of the bull market some had feared, but to keep the Trump Trade alive investors should temper expectations for the breadth of expected tax cuts. "The market believes it raises the probability of a tax cut later this year since Trump is showing more strategic...

  • NEW YORK, March 24- A federal judge on Friday held United Parcel Service Inc liable for having illegally shipped hundreds of thousands of cartons of untaxed cigarettes in New York, depriving the state and New York City of millions of dollars of taxes. District Judge Katherine Forrest in Manhattan said the state and city are entitled to compensatory damages and...

  • NEW YORK— A federal judge ruled Friday that UPS ignored "red flags" that its brown trucks were being used to transport untaxed cigarettes from Indian reservations, but stopped short of imposing a $873 million penalty that regulators sought in the civil case. District Judge Katherine B. Forrest in Manhattan found Atlanta- based United Parcel Service Inc. liable...

  • NEW YORK, March 24- A federal judge on Friday said United Parcel Service Inc is liable for having illegally shipped hundreds of thousands of cartons of untaxed cigarettes in New York, depriving the state and New York City of millions of dollars of taxes. District Judge Katherine Forrest in Manhattan said the state and city are entitled to compensatory damages...

  • WASHINGTON— House Speaker Paul Ryan guaranteed a win on the Republican plan to dismantle Barack Obama's health care law. The episode is a danger point for the relationship between Trump and Ryan, who had an awkward pairing during the campaign but worked in tandem on the GOP health measure. With a Republican in the White House, passage seemed almost guaranteed.

  • Reversing a lower court ruling, the 7th U.S. Circuit Court of Appeals in Chicago said Alisha Bromfield's mother may pursue claims that Home Depot should not have employed the supervisor, given his known history of sexually harassing, verbally abusing and physically intimidating female subordinates. Home Depot spokesman Stephen Holmes said the Atlanta-...

  • SUWANEE, Ga. _ AdCare Health Systems Inc. on Friday reported fourth-quarter net income of $1.5 million, after reporting a loss in the same period a year earlier. The Suwanee, Georgia- based company said it had profit of 2 cents per share. For the year, the company reported that its loss narrowed to $7.5 million, or 74 cents per share.

  • ATLANTA _ Oxford Industries Inc. on Thursday reported fiscal fourth-quarter profit of $10 million. Five analysts surveyed by Zacks expected $267.2 million. For the current quarter ending in May, Oxford Industries expects its per-share earnings to range from $1 to $1.10.

  • Denver Health Medical Center, for example, opened a new $26.9 million clinic in the city's southwest in 2016 to provide care to an area lacking in health services and saw more patients within six months than it had expected over two years. But since November's election, when Republicans swept the White House and Congress, Denver Health has deferred $73.7 million-...

  • March 23- Financial market concerns are rising about the pace of policymaking in Washington under U.S. President Donald Trump and fellow Republicans in Congress, with investors focused on knock-on effects from any setbacks in Trump's Obamacare rollback plan. April 3: Senate Judiciary Committee expected to vote on Supreme Court nominee Neil Gorsuch, sending...

  • March 22- Financial market concerns are rising about the pace of policymaking in Washington under U.S. President Donald Trump and fellow Republicans in Congress, with investors focused on knock-on effects from any setbacks in Trump's Obamacare rollback plan. April 3: Senate Judiciary Committee expected to vote on Supreme Court nominee Neil Gorsuch, sending...

  • NEW YORK— As the indignities of modern air travel go, the latest ban on laptops and tablets on some international flights falls somewhere between having to take off your ratty shoes at the security checkpoint and having your baby food and milk tested for bomb residue. asked Kelsey Norman, a doctoral student who plans to fly home Friday to Los Angeles from Beirut—...

  • DALLAS— A new security measure banning many electronic devices on flights from 10 mostly Muslim countries is leading travelers to reconsider their plans to fly through some airports in the Middle East and Africa. Paula Berger, an energy-company manager, and a co-worker have tickets to fly from the U.S. through Dubai to Hyderabad, India, where her company has an...

  • ATLANTA _ Coca-Cola Enterprises Inc. on Tuesday reported fourth-quarter profit of $13 million. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 46 cents per share. Three analysts surveyed by Zacks expected $2.81 billion.

  • CAIRO— The Latest developments related to the U.S. government move to bar passengers in eight Muslim-majority countries from bringing laptops and other electronics onboard direct flights to the United States:. Royal Jordanian flies from the Jordanian capital of Amman to New York, Chicago and Detroit. The official says Middle East Airlines, Lebanon's...

  • WASHINGTON— U.S. and British officials said Tuesday the decision to bar laptops and tablets from the cabins of some international flights wasn't based on any specific threat but on longstanding concerns about terrorists targeting jetliners. The U.S. ban affects flights from Amman, Jordan; Kuwait City, Kuwait; Cairo; Istanbul; Jeddah and Riyadh, Saudi Arabia;...

  • March 20- Westinghouse Electric Co LLC, the nuclear power plant developer owned by Japanese electronics company Toshiba Corp, is taking offers for a financing package to help it go through U.S. bankruptcy, people familiar with the matter said on Monday. Should it file for bankruptcy, the money would allow Westinghouse to continue to pay employees and build four...