In this week's "Power House," Adesola Badoni of Berkshire Hathaway Perimeter, looks at 3 homes in Atlanta, Georgia where the medium sales price of a home is $209,000.» Read More
PROVIDENCE, R.I.— Former Treasurer Frank Caprio is seeking a second term against a political newcomer frustrated with Rhode Island's failure to rebound from the recession. Seth Magaziner, a 31- year-old investment professional, has promised to bring a fresh perspective to state government and use the treasurer's office to promote economic growth.
Putting the cart before the horse, the U.S. Department of Energy recently asked companies for ideas on how the government should get the rail cars needed to haul 150- ton casks filled with used, radioactive nuclear fuel. The U.S. Nuclear Regulatory Commission and Department of Transportation share responsibility for regulating shipments.
The fight to repeal the standards has heated up in Ohio, with state Rep. Andy Thompson, a Republican, saying it's kind of "creepy the way this whole thing landed in Ohio with all the things prepackaged."
MILWAUKEE— Oversized mugs of beer clink together as drinkers sitting under a canopy of trees in a Milwaukee public park listen to live accordion music and proclaim "Prost!"
ATLANTA— Georgia Power said its $6.7 billion budget to build a new nuclear plant is holding steady, but it reported Thursday that builders face "challenges" sticking to the construction schedule and costs could change in the future. Georgia Power has so far spent $2.8 billion on the project, according to company filings.
LOS ANGELES— In a story Aug. 23 about the declining number of gay bathhouses The Associated Press reported erroneously that Todd Saporito, the CEO of Ohio- based Flex Spas, ran the Gay Games that were held in Cleveland. LOS ANGELES— Gay bathhouses that once remained in the shadows to stay in business are now seeking attention to keep their doors open.
NEW YORK— The corporate parent of CNN, TNT and TBS on Tuesday offered voluntary buyouts to 600 veteran employees, part of an overall cost-cutting effort at the Atlanta- based broadcasting company founded by Ted Turner. Turner Broadcasting chief executive John Martin has been talking for several months about a restructuring plan he has called Turner 2020..
MOUNTAIN VIEW, Calif.— Platinum- selling rapper Young Jeezy has been arrested on suspicion of possessing illegal firearms during an investigation into a fatal shooting at a rap concert in Silicon Valley, authorities said.
It's taken away the need to sneak into back-alley places, "said Dennis Holding, 75, who owns a Miami- based bathhouse. In the last decade, bathhouses, including ones in San Diego, Syracuse, Seattle and San Antonio, have shut down and the total nationwide is less than 70. Most patrons are older.
BRISTOL, Tenn.— Roush Fenway Racing has landed Ortho as a sponsor for "roughly half" of Greg Biffle's races next season. Biffle's team is losing sponsor 3 M after this season. Roush Fenway Racing President Steve Newmark said Friday it was unclear which races will run with Ortho as the primary sponsor.
NEW YORK— In a story Aug. 20 about lending to women-owned businesses, Maria Coyne, head of small business banking at KeyBank, was quoted by The Associated Press as saying the Federal Deposit Insurance Corp. examines banks' lending records and makes a judgment about whether they're being prudent lenders.
NEW YORK— Home Depot said Thursday that Craig Menear, the president of its U.S. retail operations, will become president and CEO of the company Nov. 1. Frank Blake has been Home Depot's chairman and CEO since 2007, and he will remain chairman of the company.
ATLANTA, Aug 21- Appearing thin but smiling, a Texas doctor who weeks ago entered an Atlanta hospital in a full-body biohazard suit to be treated for Ebola said on Thursday he was "thrilled to be alive" as doctors declared him virus-free and safe for release.
ATLANTA, Aug 21- Two American aid workers who just weeks ago were gravely ill with Ebola they contracted in Liberia now pose no health risk to the public after being cleared of the virus and released from an Atlanta hospital, one of their doctors said on Thursday.
ATLANTA, Aug 21- Two American aid workers discharged from an Atlanta hospital after being treated for Ebola pose no health risk to the public, an Emory University Hospital doctor said on Thursday.
NEW YORK— Retailer Aaron's said Thursday that longtime Chief Financial Officer Gilbert Danielson will become its interim CEO at the end of August. Aaron's announced earlier this month that CEO Ronald Allen will retire Aug. 31. Aaron's Inc. sells and leases furniture and accessories and offers flexible payment plans for people with credit problems.
ABIDJAN, Aug 21- An American doctor who contracted Ebola treating victims of the deadly virus in Liberia has recovered and will be discharged on Thursday by the U.S. hospital that treated him with an experimental drug, his charity said.
LAS VEGAS— While gay couples still can't get married in the marriage capital of the world, Las Vegas wants to let them know they— and their money— are more than welcome to the buffet of other activities Sin City has to offer.
WASHINGTON— Bank of America's record $16.65 billion settlement for its role in selling shoddy mortgage bonds— $7 billion of it geared for consumer relief— offers a glint of hope for desperate homeowners. "It is certainly better than nothing," said Bruce Marks, chief executive of the nonprofit Neighborhood Assistance Corporation of America.
Some customers of The UPS Store may have had their credit and debit card information exposed by a computer virus.