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Top News & Analysis Georgia

  • Westinghouse, a unit of Japan's Toshiba Corp, filed for bankruptcy in March following billions of dollars in cost overruns at two nuclear power plants it designed and is constructing in Georgia and South Carolina. An attorney for Westinghouse said in U.S. bankruptcy court in New York that cash from the loan would allow the company to complete its business plan...

  • Coca-Cola, AT&T and JetBlue became the latest sponsors to skip the June 11 Puerto Rican Day parade along Manhattan's Fifth Avenue. He was a member of the Armed Forces of National Liberation, or FALN, which claimed responsibility for more than 100 bombings around the U.S. and Puerto Rico in the 1970 s and 1980 s, including a blast that killed four people at New York's...

  • NEW YORK— Boxed caters to millennials looking to do their bulk buying from their phones. CEO AND CO-FOUNDER: Chieh Huang. DISTRIBUTION CENTERS: Boxed operates distribution centers in Las Vegas; Atlanta; Dallas; and Union, New Jersey.

  • NEW YORK— Boxed co-founder and CEO Chieh Huang is focusing on millennials who want bulk-sized deals on items like toilet paper and peanut butter— but who can't or won't drive to warehouse stores. Items are shipped throughout the country from distribution centers in Las Vegas, Atlanta, Dallas, and Union, New Jersey, where the company is based. Huang, 35, the son of...

  • NEW YORK, May 19- With S&P 500 companies set to notch their strongest quarterly earnings growth in about six years, a weaker U.S. dollar may help keep the profit momentum rolling and support share prices in the weeks to come. After a dramatic week in Washington that rattled financial markets, one possible silver lining for stock investors was the weaker dollar,...

  • The case has increased trade tensions between the United States and Canada- along with disputes over Canadian softwood lumber and U.S. milk protein products- as both countries prepare for a possible renegotiation of the North American Free Trade Agreement under the "America First" trade policy of U.S. The Commerce Department is expected to proceed with the...

  • The case has increased trade tensions between the United States and Canada- along with disputes over Canadian softwood lumber and U.S. milk protein products- as both countries prepare for a possible renegotiation of the North American Free Trade Agreement under the "America First" trade policy of U.S. The Commerce Department is expected to proceed with the...

  • THOMASVILLE, Ga. _ Flowers Foods Inc. on Wednesday reported first-quarter profit of $60.4 million. Flowers Foods expects full-year earnings in the range of 85 cents to 95 cents per share, with revenue in the range of $3.93 billion to $4.01 billion. Flowers Foods shares have declined roughly 3 percent since the beginning of the year.

  • Massachusetts, New York City and Philadelphia have passed laws that bar employers from asking applicants about their salary history. And several states, including California, Mississippi and Pennsylvania, have proposed similar legislation this year. "I would not be surprised if we see other states and cities consider it," says Christine Hendrickson, an...

  • WASHINGTON— U.S. household debt reached a record high in the first three months of this year, topping the previous peak reached in 2008, when the financial crisis plunged the economy into a deep recession. The Federal Reserve Bank of New York said Wednesday that household debt, which also includes home equity lines of credit, stood at $12.73 trillion in the first...

  • NEW YORK— When Snapchat went public this year, it was a reminder to many small business owners that they need to be part of the social media evolution. There's no' one size fits all,' "says Michelle Vroom, whose eponymous public relations company in the Philadelphia suburb of Horsham advises small businesses on how to use social media. "They need to think about where...

  • SAVANNAH, Ga. _ Citi Trends Inc. on Wednesday reported fiscal first-quarter profit of $8.9 million. Citi Trends shares have declined 5 percent since the beginning of the year. Keywords: Citi Trends, Earnings Report.

  • DALLAS— Prosecutors say a North Texas man must serve two years in federal prison and repay more than $1.1 million for sales tax refund fraud against The Home Depot. Henry Lamon Spruiell of Arlington was sentenced Monday in Dallas. Investigators say Spruiell, between mid-2013 and early 2016, defrauded 18 stores operated by the Atlanta- based home improvement...

  • The Commerce Department on Tuesday reported that new home construction fell for the second consecutive month in April, but that was led by a big drop in construction of apartments, a volatile sector. For the three months ended April 30, revenue climbed to $23.89 billion from $22.76 billion. Analysts surveyed by Zacks Investment Research predicted revenue of...

  • ATLANTA _ Cumulus Media Inc. on Monday reported a loss of $7.4 million in its first quarter. The Atlanta- based company said it had a loss of 25 cents per share. Keywords: Cumulus Media, Earnings Report.

  • SUWANEE, Ga. _ AdCare Health Systems Inc. on Monday reported a loss of $952,000 in its first quarter. On a per-share basis, the Suwanee, Georgia- based company said it had a loss of 14 cents. Keywords: AdCare Health Systems, Earnings Report.

  • The hard drive assembly line at Western Digital.

    Western Digital has sought international arbitration to stop partner Toshiba from selling its chips arm without its consent.

  • Lidl said in February it planned to open its first 20 U.S. stores in North Carolina, South Carolina and Virginia, with 80 more to follow in the United States within the first year. Lidl is owned by Germany's privately held Schwarz Group. According to the company's website, it is hiring workers in 38 cities in the eastern U.S. states of Delaware, Georgia, Maryland, New...

  • TOKYO, May 15- Western Digital Corp has sought international arbitration to stop partner Toshiba Corp from selling its chips arm without its consent, potentially derailing a much-needed capital injection for the Japanese conglomerate. A legal battle could delay or put an end to the auction that could fetch some $18 billion and has attracted suitors such as...

  • TOKYO, May 15- Western Digital Corp has sought international arbitration to stop partner Toshiba Corp from selling its chips arm without its consent, potentially derailing a much-needed capital injection for the Japanese conglomerate. California- based Western Digital is a long-standing joint venture partner in Toshiba's main semiconductor plant in...