A quick peak at some hot home listings in Atlanta, Georgia, with Adesola Badon, Berkshire Hathaway.» Read More
NEW YORK— Vintage Capital Management said Thursday it is withdrawing its offer to buy retailer Aaron's, citing the company's continued struggles and its decision to buy lease-to-own furniture seller Progressive Finance.
DALLAS— Shares of Sabre Corp. ended higher Thursday, but the provider of technology services to the travel industry raised less money than it had projected in its initial public offering. Private-equity owners TPG and Silver Lake will keep about 80 percent of the company, which the IPO valued at around $4 billion.
ATLANTA— State labor officials say Georgia's unemployment rate has dropped to 7 percent, the lowest rate since September 2008. The Georgia Department of Labor announced the new seasonally adjusted jobless rate on Thursday.
In a letter to Cover Oregon's temporary leadership last week, obtained by The Associated Press, Oracle Corp. President and Chief Financial Officer Safra Catz wrote that Oracle provided "clear and repeated warnings" to Cover Oregon that the exchange website would not be ready to launch last October.
CHARLESTON, W.Va.— Scrapping to keep a West Virginia Senate seat Democratic in a state that's sprinted to the right, Natalie Tennant is counting on her allegiance to the coal industry to separate herself from an unpopular President Barack Obama. Mary Landrieu is vying for a fourth term representing Louisiana; Alaska Sen.
FARGO, North Dakota/ BANGOR, Maine, April 15- The U.S. "If you commit to keeping rates low even as the recovery is proceeding, even as we continue to recover, I think people have a sense, the Fed has the recovery's back," Minneapolis Federal Reserve Bank President Narayana Kocherlakota said at North Dakota State University.
SAN FRANCISCO— A trade group for wireless providers said Tuesday that that nation's biggest mobile device manufacturers and carriers will soon put anti-theft tools on the gadgets to try to deter rampant smartphone theft.
ATLANTA, April 15- The U.S. Federal Reserve is considering further steps to force big banks to hold more capital, and sees a case for other stability-enhancing measures for more shadowy areas of Wall Street as well, Fed Chair Janet Yellen said on Tuesday.
JACKSON, Miss.— Southern Co. says it has signed a deal with a state-owned Chinese coal and energy company to work together to develop coal technologies, based in part on the coal gasification and carbon capture technology that Southern subsidiary Mississippi Power Co. is deploying at the $5 billion Kemper County power plant.
*Rejects shareholder Vintage Capital's $2.3 bln offer. April 15- Aaron's Inc, a rent-to-own furniture and electronics retailer, rejected a $2.3 billion takeover offer from a major shareholder and instead bought a web-based retail credit financing firm for about $700 million to provide customers with easier payment terms.
REIDSVILLE, Ga.— A Georgia judge Tuesday refused to intervene in a legal battle between a prominent Vidalia onion farmer and the state's agriculture commissioner over a new regulation aimed at keeping unripe onions from reaching store shelves.
WASHINGTON— The Federal Reserve may be about to turn more aggressive in its regulation of the financial system. Fed Chair Janet Yellen suggested Tuesday that current regulatory rules might not be enough to prevent the kind of risk-taking that triggered the 2008 financial crisis and nearly toppled the entire banking system.
ATLANTA— Furniture leasing company Aaron's has agreed to buy online rent-to-own finance company Progressive Finance Holdings for $700 million in cash in a bid to turn around its business even as it cut its first-quarter outlook.
Black spent the past 18 months working with farmers on a new rule that prohibits packaging Vidalia onions for shipping before the last full week of April. Any farmer who ships onions before the official start date next Monday faces fines of up to $5,000 per bag or box, and could be banned from selling onions under the Vidalia trademark in the future.
ATLANTA— Parents of a Georgia teenager who suffered a severe brain injury in a 2009 car crash say General Motors knew of a defect in her car but took steps to conceal it.
*Appeals court says case did not belong in New Jersey. *Diane Sawyer, Michael Bloomberg, Rahm Emanuel were victims. The 3rd U.S. Circuit Court of Appeals said the prosecution of Andrew Auernheimer did not belong in New Jersey, hundreds of miles from his alleged crimes, and as a result, his November 2012 conviction and 41- month prison sentence could not stand.
NEW YORK— At a time when interest in American civil rights memorabilia is rekindled, a lifetime's worth of Rosa Parks' belongings— among them her Presidential Medal of Freedom— sits in a New York warehouse, unseen and unsold.
In chaos following the outage on CME's electronic Globex platform, some orders sent to open-outcry grain pits went unfilled because there were not enough traders to handle the influx.
April 8- American Airlines Group on Tuesday said flight cancellations due to bad weather hurt its first-quarter results, joining other carriers that blamed the weather for a drag on business during the period.
April 8- American Airlines Group on Tuesday said flight cancellations because of bad weather hurt first-quarter results. The carrier canceled more than 34,000 flights in the first three months of this year, reducing quarterly revenue by about $115 million and operating profit by about $60 million.