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Top News & Analysis Georgia

  • May 8- Tyson Foods Inc said on Monday quarterly profit fell 21 percent, hurt by fires at two chicken plants, and that Florida's attorney general was seeking information from the company regarding a probe into possible anticompetitive behavior. Net income attributable to Tyson declined to $340 million in the quarter ended April 1 from $432 million a year...

  • *Healthcare legislation heads to Senate after narrow passage. May 4- Wall Street ended flat on Thursday as a steep fall for the energy sector countered some solid earnings reports, with major stock indexes closing little changed after the U.S. House of Representatives passed a healthcare overhaul. The House on Thursday afternoon narrowly voted to repeal major...

  • May 3- Intercontinental Exchange Inc, which owns the New York Stock Exchange, reported a rise in first-quarter earnings on Wednesday, helped by higher futures volumes and data sales. Net income attributable to the exchange and clearinghouse operator rose to $502 million, or 84 cents per share, from $369 million, or 62 cents per share, a year earlier.

  • WILMINGTON, Del./ NEW YORK May 2- In 2012, construction of a Georgia nuclear power plant stalled for eight months as engineers waited for the right signatures and paperwork needed to ship a section of the plant from a factory hundreds of miles away. Those problems have led to an estimated $13 billion in cost overruns and left in doubt the future of the two plants, the...

  • WASHINGTON, May 1- The U.S. Supreme Court on Monday ruled that cities may sue banks over predatory mortgage lending to minorities that harms municipal finances, but cast doubt on whether such cases can succeed by throwing out a lower court decision that had allowed litigation brought by Miami to move forward. The Supreme Court ruling also affects a related case...

  • WASHINGTON, May 1- The U.S. Supreme Court on Monday ruled that cities may sue banks over predatory mortgage lending to minorities that harms municipal finances, but cast doubt on whether such cases can succeed by throwing out a lower court decision that had allowed litigation brought by Miami to move forward. The Supreme Court ruling also affects a related case...

  • WASHINGTON, May 1- The U.S. Supreme Court on Monday threw out a lower court ruling that had given Miami the green light to pursue lawsuits accusing major banks of predatory mortgage lending to black and Hispanic home buyers, but gave the city another chance to argue its case. The court ruled 8-0 in tossing out a ruling in favor of Miami by the Atlanta- based 11th U.S....

  • WASHINGTON, May 1- The U.S. Supreme Court on Monday threw out a lower court ruling that had given Miami the green light to pursue lawsuits accusing major banks of predatory mortgage lending to black and Hispanic home buyers, but gave the city another chance to argue its case. The court ruled 8-0 in tossing out the ruling in favor of Miami by the Atlanta- based 11th U.S....

  • WASHINGTON, May 1- The U.S. Supreme Court on Monday threw out a lower court ruling that had given Miami the green light to pursue lawsuits accusing major banks of predatory mortgage lending to black and Hispanic home buyers, but gave the city another chance to argue its case. The court ruled 8-0 in tossing out the ruling in favor of Miami by the Atlanta- based 11th U.S....

  • Workers unload United Parcel Service Inc. (UPS) cargo jets at the company's Latin America and Caribbean sorting facilities at Miami International Airport in Miami, Florida.

    A union representing 1,200 U.S. air maintenance workers at UPS turned up pressure on the company to settle a three-year contract dispute.

  • The union is taking its grievances directly to UPS shareholders, running as an advertisement an open letter to David Abney, the companys chief executive, ahead of a Thursday shareholders meeting. The letter, which has been delivered to board members, was signed by nearly 78 percent of members of Local 2727 of the Teamsters union, asking the company to maintain air...

  • The union is taking its grievances directly to UPS shareholders, running as an advertisement an open letter to David Abney, the companys chief executive officer, ahead of a Thursday shareholders meeting. The letter, which has been delivered to board members, was signed by nearly 78 percent of members of Local 2727 of the Teamsters union, asking the company to...

  • WASHINGTON/ TAIPEI, April 28- Foxconn, the world's largest contract electronics manufacturer and a major Apple Inc supplier, is planning a "capital-intensive" investment in the United States, Chairman Terry Gou said as he exited the White House on Friday. It was unclear if Gou had met personally with Trump, who had already departed the White House for a trip to...

  • WILMINGTON, Del, April 27- The owners of one of the first new U.S. nuclear power plants in decades said the half-finished reactors might not be completed without changes to a proposed $800 million loan to the bankrupt builder, Westinghouse Electric Co LLC. Westinghouse filed for bankruptcy in March, blaming billions of dollars of cost overruns at two nuclear...

  • Often seen as a bellwether of U.S. economic activity, UPS said revenue increased to $15.315 billion in the first quarter from $14.418 billion in the year-ago period, above expectations of $15.17 billion in revenue. Revenue at its domestic segment rose 5 percent to $9.535 billion from $9.084 billion. For international, revenue was also up 5 percent to $3.058...

  • CHICAGO, April 27- At least 10 major U.S. airports say their rules prevent security officers from physically removing passengers from airplanes unless a crime is committed, meaning they would normally avoid incidents such as the one involving the passenger dragged off a United Airlines flight in Chicago. Officials at 10 of the busiest U.S. airports- in Atlanta,...

  • Often seen as a bellwether of U.S. economic activity, UPS said revenue increased to $15.315 billion in the first quarter from $14.418 billion in the year-ago period, above expectations of $15.17 billion in revenue, according to Thomson Reuters I/B/E/S. Revenue at its domestic segment rose 5 percent to $9.535 billion from $9.084 billion a year ago.

  • Often seen as a bellwether of U.S. economic activity, UPS said revenue increased to $15.315 billion in the first quarter from $14.418 billion in the year-ago period. Revenue at the company's domestic segment rose 5 percent to $9.535 billion from $9.084 billion a year ago, with the company saying e-commerce demand was strong. The Atlanta- based company posted...

  • NEW YORK, April 27- United Parcel Service Inc reported a higher quarterly net profit on Thursday as revenue grew across its domestic, international and supply chain and freight segments. Often seen as a bellwether of U.S. economic activity, UPS said revenue increased to $15.315 billion in the first quarter from $14.418 billion in the year-ago period.

  • April 26- Key healthcare stakeholders, led by the World Economic Forum, plan pilot programs this year to show the value of a new model for healthcare that would track and pay for treatment based on how well it works rather than the volume of care. The first pilot, being set up in Atlanta, Georgia, will focus on treating heart failure. Signatories include Novartis AG,...