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Top News & Analysis Georgia

  • ATLANTA— Georgia Power is extending an agreement to keep construction going on a new nuclear plant after the project's main builder filed for bankruptcy. About an hour before the agreement was due to expire Friday, Georgia Power issued an 11 p.m. statement saying it had been extended. Westinghouse Electric Co., the U.S. nuclear unit of Japan's Toshiba Corp., filed...

  • 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...

  • ATLANTA _ Atlantic American Corp. on Friday reported a first-quarter loss of $221,000, after reporting a profit in the same period a year earlier. The Atlanta- based company said it had a loss of 2 cents per share. Keywords: Atlantic American, Earnings Report.

  • May 12- Florida's attorney general has demanded records from Koch Foods Inc, Wayne Farms LLC and other chicken companies in connection with an investigation into anticompetitive conduct within the poultry industry, according to newly released documents. The documents, obtained from Florida Attorney General Pam Bondi's office by Reuters on Thursday in...

  • Deal visited Savannah as dockworkers were unloading the COSCO Development, a massive vessel capable of carrying 13,000 cargo containers measuring 20- feet-long apiece. Like other East Coast ports, Savannah is racing to deepen its 39- mile shipping channel so similar big ships will fit at lower tides even when fully loaded. Mackie McIntosh, the Corps' chief of...

  • Republican Greg Gianforte campaigns for Montana's House of Representatives seat vacated by the appointment of Ryan Zinke to head the Department of Interior on April 22, 2017 in Bozeman, Montana.

    The president's party tends to lose ground in midterms, attracting eye-popping sums from both sides, USA Today reports.

  • PROVIDENCE, R.I.— When an exposed concrete subway vault near the U.S. Capitol was painted white this spring, riders rejoiced at the brightened Washington Metro station. A church in Atlanta was razed this spring, and the McKeldin Fountain near Baltimore's Inner Harbor disappeared this year. Earthquake concerns in the San Francisco Bay Area doomed architect...

  • ORWELL, Ohio, May 12- Three years ago if a customer walked onto Dan Reel's used car lot seeking a late-model off-lease Ford Escape, his answer was short: tough luck. That's enough to put more than 40 percent of the inhabitants of this small northeastern Ohio town, population 1,600, into the popular crossover. "The automakers have flooded the market," said Reel, owner of...

  • FORT VALLEY, Ga. _ Blue Bird Corp. on Thursday reported fiscal second-quarter net income of $2.7 million. Blue Bird expects full-year revenue in the range of $980 million to $1.01 billion. Blue Bird shares have risen 25 percent since the beginning of the year.

  • WASHINGTON, May 11- A major challenge to the U.S. watchdog for consumer finances fizzled on Thursday, as Congress missed a deadline to repeal the agency's new rule on prepaid cards. The timing made the rule eligible for Congress to repeal it under the Congressional Review Act, but lawmakers only had until Thursday to kill the regulation by passing a disapproval...

  • The COSCO Development arrived Thursday at the Port of Savannah after cruising past dozens of onlookers who cheered and took photos of the mammoth vessel from Savannah's downtown riverfront. Its first East Coast voyage marks a new era for U.S. ports that, despite years spent anticipating the supersized ships, will struggle to accommodate them without major...

  • WASHINGTON— As farmers fret over President Donald Trump's criticism of international trade agreements, Agriculture Secretary Sonny Perdue is trying to reassure them by creating a top post to oversee trade and foreign agricultural affairs. Perdue made the announcement in Cincinnati Thursday while standing near barges that carry grain on the Ohio River.

  • ALPHARETTA, Ga. _ Neenah Paper Inc. on Wednesday reported first-quarter net income of $17.6 million. The Alpharetta, Georgia- based company said it had profit of $1.03 per share. Keywords: Neenah Paper, Earnings Report.

  • The Interior Department said it is reviewing six applications by energy companies that were rejected by the Obama administration. The regions, as defined by the Interior Department, stretch from northern Florida to Delaware. Any new drilling activity is expected to be limited to the coasts of Virginia, North and South Carolina and Georgia.

  • DULUTH, Ga. _ Primerica Inc. on Tuesday reported first-quarter earnings of $52.1 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.15 per share. Primerica shares have risen 23 percent since the beginning of the year.

  • ATLANTA _ Numerex Corp. on Tuesday reported a loss of $4 million in its first quarter. The Atlanta- based company said it had a loss of 21 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • THE WOODLANDS, Texas _ LGI Homes Inc. on Tuesday reported first-quarter net income of $11.8 million. The entry-level homebuilder in the Texas, Arizona, Florida and Georgia markets posted revenue of $162.9 million in the period, also topping Street forecasts. LGI Homes shares have increased roughly 8 percent since the beginning of the year.

  • JOHNS CREEK, Ga. _ Ebix Inc. on Tuesday reported first-quarter profit of $26.4 million. Ebix shares have climbed nearly 10 percent since the beginning of the year. Access a Zacks stock report on EBIX at https://www.zacks.com/ap/EBIX.

  • TOKYO— Japanese electronics maker Toshiba is facing resistance from its U.S. joint venture partner Western Digital over Toshiba's plans to sell its computer-chip business to anyone else, and Toshiba is fighting back. Toshiba warned Western Digital to stop interfering, according to letters obtained Tuesday by The Associated Press. The letters from the...

  • May 8- A federal jury on Monday cleared a Florida bank and its former chief executive of U.S. Securities and Exchange Commission charges that they downplayed real estate lending risks prior to the global financial crisis. Jurors in Miami found BBX Capital Corp, a Florida company once known as BankAtlantic Bancorp, and former Chief Executive Alan Levan not...