GO
Loading...

Atlanta

More

  • NEW YORK— A bevy of big-name businesses including Apple, Gap and Levi Strauss are publicly speaking out against religious-objections legislation in states such as Indiana and Arkansas. The world's largest retailer and America's largest private employer, Wal-Mart Stores Inc., waded into the debate this week when its CEO urged Arkansas Gov.

  • Acuity Brands beats 2Q profit forecasts Wednesday, 1 Apr 2015 | 8:51 AM ET

    ATLANTA _ Acuity Brands Inc. on Wednesday reported fiscal second-quarter net income of $46.4 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share. Acuity Brands shares have risen 20 percent since the beginning of the year.

  • SAN DIEGO— With the American Pharmacists Association taking a stance this week, the medical community is now united in its opposition to playing any role in capital punishment killings. "What happens in the course of an execution can be extremely ugly and excruciatingly painful," said Cheryl Pilate, a Kansas City, Missouri, attorney who has represented two...

  • Hunter Newby describes himself as a real estate entrepreneur, even if he's not marketing houses or land. Newby is chief executive of Allied Fiber, a New York firm that is nearing completion of a broadband route from Miami to Atlanta. One of those weak points was exposed last month when vandals sliced a fiber-optic cable in the Arizona desert between Phoenix and...

  • Atlantic American posts 4Q profit Friday, 27 Mar 2015 | 9:58 AM ET

    ATLANTA _ Atlantic American Corp. on Friday reported fourth-quarter earnings of $1.3 million. The Atlanta- based company said it had net income of 6 cents per share. For the year, the company reported profit of $4.4 million, or 19 cents per share.

  • Mega coffee chain Starbucks wanted to spark a conversation about race when it asked baristas to write "Race Together" on customers' cups as part of a broader effort, but people standing in line for their morning java were not amused. Many voiced complaints on social media and elsewhere that they didn't want a debate with their brew and Starbucks ended the campaign...

  • Oxford Industries tops 4Q profit forecasts Thursday, 26 Mar 2015 | 4:18 PM ET

    The owner of the Tommy Bahama, Lilly Pulitzer, Ben Sherman, Lanier Clothes and Ben Sherman clothing lines posted revenue of $274.5 million in the period, which matched Street forecasts. For the current quarter ending in April, Oxford Industries expects its per-share earnings to range from $1.15 to $1.25. Analysts surveyed by Zacks had forecast adjusted...

  • ATLANTA— In the political uproar over Common Core, various myths are peddled as fact. Rand Paul slams "rotten to the core" propaganda forced on children by an initiative that has no curriculum at all. Even so, the 2016 GOP presidential prospects who are criticizing Common Core have a point— if an overstated one— when they dispute the notion that it is strictly a...

  • NEW YORK, March 25- A forecast model from the Federal Reserve of Atlanta on Wednesday suggested the U.S. economy is barely growing in the first quarter following an unexpectedly steep 1.4 percent drop in durable goods orders in February. "Following this morning's advance report on durable goods manufacturing from the U.S. Census Bureau, the nowcasts for real...

  • Bosses can't get even when staffers gripe on social media Wednesday, 25 Mar 2015 | 11:05 AM ET

    NEW YORK— Bosses can get mad when staffers vent on social media about their jobs, but they may not be able to get even. When one of Bert Martinez' employees posted gripes about her job and the boss on Facebook last year, the publicist consulted his lawyer, who said the staffer couldn't be fired. "The first lesson I learned is, employees are allowed to vent," says Martinez,...

  • Justices revive ex-UPS worker's pregnancy bias lawsuit Wednesday, 25 Mar 2015 | 10:06 AM ET

    WASHINGTON— The Supreme Court gave a former UPS driver another chance Wednesday to prove her claim of discrimination after the company did not offer her lighter duty when she was pregnant. The justices on Wednesday sided 6-3 with former driver Peggy Young in throwing out lower court rulings that rejected her lawsuit. Atlanta- based UPS Inc. maintained that it...

  • March 25- Emergent BioSolutions Inc said the U.S. Food and Drug Administration approved its treatment for inhaled anthrax, triggering a $7 million milestone payment from the Department of Health and Human Services. Emergent Bio developed the treatment, Anthrasil, as part of a $160 million contract it signed in 2005 with the Biomedical Advanced Research and...

  • Ocwen plans to sell $25B portfolio to Nationstar Tuesday, 24 Mar 2015 | 8:31 AM ET

    ATLANTA— Ocwen Financial plans to sell a portfolio of approximately $25 billion in mortgage servicing rights to a subsidiary of Nationstar Mortgage Holdings Inc.. The portfolio includes about 142,000 loans owned by Freddie Mac and Fannie Mae. It needs approval from Freddie Mac, Fannie Mae and the Federal Housing Finance Agency.

  • HD Supply reports 4Q loss Tuesday, 24 Mar 2015 | 6:21 AM ET

    ATLANTA _ HD Supply Holdings Inc. on Tuesday reported a loss of $93 million in its fiscal fourth quarter. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share. For the current quarter ending in April, HD Supply expects its per-share earnings to range from 25 cents to 31 cents.

  • Parents seeking urban lifestyles for kids Tuesday, 24 Mar 2015 | 3:26 AM ET

    SEATTLE— A small but growing number of parents are bucking a trend when it comes to raising their kids: Rather than move to suburbs as their parents once did, many are opting to stay in or near downtown. Parents in cities across the country, including Seattle, Minneapolis and Denver, are banding together to advocate for new downtown schools, more playgrounds and more...

  • WASHINGTON— Remember the Detroit man who walked 21 miles to work? A Brookings Institution report out Tuesday finds the number of jobs within typical commuting range dropped 7 percent between 2000 and 2012 in major U.S. metropolitan areas. Elizabeth Kneebone and Natalie Holmes of Brookings' Metropolitan Policy Program used U.S. Census Bureau data for 96 big...

  • ATLANTA— Graco has agreed to pay a $3 million fine to the government for being too slow to report complaints about difficulty opening car seat buckles. The company also must spend $7 million on measures to improve child seat safety, including better programs to register seat owners so they can be notified of safety problems and better procedures to identify...

  • Atlantic City rejected by voters on new Monopoly games Thursday, 19 Mar 2015 | 3:10 PM ET

    Atlantic City is where the Monopoly board game began, but voters in a global contest to pick cities for new editions of the 80- year-old game have turned their attention elsewhere. According to results released Thursday— the 80th birthday of Monopoly— Atlantic City, whose streets provided the names for the game's squares when it was created in 1935, did not make...

  • Applications for US jobless aid barely rose last week Thursday, 19 Mar 2015 | 8:32 AM ET

    WASHINGTON— The number of people seeking U.S. unemployment benefits basically held steady last week, as the job market continues to outpace broader economic growth. The Labor Department said Thursday that weekly applications for unemployment aid rose slightly by 1,000 to a seasonally adjusted 291,000. Jobless claims have been subdued for the past two...

  • March 18- Package delivery company FedEx Corp reported a better-than-expected quarterly net profit on Wednesday but forecast full-year earnings below analysts' estimates as it looked for the global economy to grow at a lackluster rate. Memphis- based FedEx also said fuel expenses were reduced by 30 percent due to low oil prices but its international...