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Georgia

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  • NEW YORK, May 23- Belgian grocer Delhaize is looking to sell two of its U.S. businesses as it continues to cut costs in the region, according to two sources familiar with the matter. The Food Lion parent has hired Lazard Ltd to sell its Harveys and Sweetbay supermarket businesses, the sources said.

  • Southern Co. CEO defends Miss. power project Thursday, 23 May 2013 | 8:51 AM ET

    PINE MOUNTAIN, Ga.-- The head of Southern Co. called the decision to write off $540 million in extra costs on a Mississippi power plant "a bitter pill for us to swallow," but he defended the project Wednesday as a long-term investment for the large utility.

  • Nearly all US states see hefty drop in teen births Thursday, 23 May 2013 | 8:42 AM ET

    But the Mountain States of Arizona, Colorado, Idaho, Nevada and Utah saw rates fall by 30 percent or more. In 22 states, teen Hispanic birth rates plunged at least 40 percent, which was described as "just amazing," by the report's lead author, Brady Hamilton of the Centers for Disease Control and Prevention.

  • May 22- Delta Air Lines is letting a wave of orders for the newest planes on the market roll by, giving the jets time to prove themselves before buying, its chief executive told Reuters on Wednesday.

  • Home Depot rises on housing data, Lowe's results Wednesday, 22 May 2013 | 2:18 PM ET

    NEW YORK-- Home Depot's stock hit an all-time high for a second straight day since reporting strong first-quarter results and boosting its full-year forecasts. Upbeat housing data and weaker-than-expected results from rival Lowe's on Wednesday helped keep Home Depot rising.

  • May 22- U.S. carrier Delta Air Lines will watch the wave of orders for the latest Airbus and Boeing planes roll on by and wait for the jets to prove themselves before ordering any, its chief executive told Reuters on Wednesday.

  • Solar industry pushes for more use in Ga. Wednesday, 22 May 2013 | 10:59 AM ET

    State utility regulators heard testimony Tuesday on the energy plans from Southern Co. subsidiary Georgia Power, which must submit new plans every three years. Advocates for the state's solar power industry and tea party leaders fault Georgia Power for not including new forms of solar energy in its planning.

  • States Bring Renewed Swagger to Top States 2013 Wednesday, 22 May 2013 | 7:46 AM ET

    CNBC has been ranking all 50 states for competitiveness since 2007. This year's report comes as states continue to get back in fighting shape—fighting for jobs, that is.

  • May 22- When it comes to managing credit, American women have a slight edge over men, according to a study of credit reports by the credit report agency Experian Plc. Experian looked at 750,000 credit reports, a sample of what it collected nationwide, and found that while women earn 23 percent less than men, they know how to handle debt.

  • Categories and Criteria Wednesday, 22 May 2013 | 12:00 AM ET

    We score all the states on 55 measures of competitiveness and 10 categories, from the cost of doing business to technology and innovation.

  • Seafood processor to expand in Virginia Tuesday, 21 May 2013 | 2:35 PM ET

    NEWPORT NEWS, Va.-- A Canadian seafood processing company will spend about $6.6 million to upgrade a facility it owns in Newport News. McDonnell's office says Virginia successfully competed against Georgia and South Carolina for the project. Virginia approved a $250,000 grant from the Governor's Opportunity Fund to assist Newport News in landing the project.

  • Record amount of cargo passes through Ga. ports Tuesday, 21 May 2013 | 11:23 AM ET

    SAVANNAH, Ga.-- A record 2.4 million tons of cargo moved through the state's ports in April, Georgia Ports Authority officials announced Monday.

  • Firm to appeal nuclear plant whistleblower case Tuesday, 21 May 2013 | 10:37 AM ET

    OSHA found it violated the whistleblower protections of the Energy Reorganization Act, OSHA said Monday. "Professionals who work in the nuclear power industry have a right and responsibility to express their professional opinion and report safety-related concerns," OSHA acting regional administrator Marcia Drumm said in a news release. "

  • Penn urges US to pressure Bolivia to free US man Tuesday, 21 May 2013 | 9:20 AM ET

    WASHINGTON-- Actor Sean Penn on Monday urged the U.S. government to pressure Bolivia to free an American businessman detained without charge since 2011 in a case that has drawn accusations he was the victim of corrupt local prosecutors. Penn said international pressure on Bolivian President Evo Morales could help free Jacob Ostreicher of New York.

  • 3 charged in LA-area bank robbery Tuesday, 21 May 2013 | 9:16 AM ET

    LOS ANGELES-- A man was charged Monday with a $565,000 bank robbery in which his girlfriend _ an assistant bank manager _ was forced to strap on a fake bomb so she would seem to be a hostage and could take the money.

  • Wisconsin bill would ban mandatory flu shots Monday, 20 May 2013 | 10:52 AM ET

    MADISON, Wis.-- Wisconsin employers, including hospitals, nursing homes and other health care agencies, could no longer require workers to get flu shots under a bill pending in the Legislature.

  • Georgia's jobless rate drops to 8.2 percent Friday, 17 May 2013 | 9:59 AM ET

    ATLANTA-- Georgia's seasonally adjusted unemployment rate dropped to 8.2 percent in April, state labor officials said Thursday. The figure is down from 8.4 percent in March, and 9.1 percent a year ago, according to the Georgia Department of Labor. Georgia's unemployment rate is now the lowest it has been since December 2008, Labor Commissioner Mark Butler said.

  • Georgia governor engaged in Bible dispute Friday, 17 May 2013 | 8:57 AM ET

    ATLANTA-- When Ed Buckner and his family went to a north Georgia state park to celebrate his son's birthday, he was surprised and concerned to find Bibles in the state-owned cabin he had rented.

  • Brady Campaign sues Ga town over mandatory gun law Friday, 17 May 2013 | 8:50 AM ET

    NELSON, Ga.-- A group that supports gun control filed suit Thursday against a north Georgia town that recently passed a law requiring gun ownership that it said is mostly symbolic. The Washington- based Brady Center to Prevent Gun Violence filed a federal lawsuit against the town of Nelson, about 50 miles north of Atlanta, claiming the law is unconstitutional.

  • NEW YORK, May 17- In the financial world, arbitrage is a trading strategy that earns profit by exploiting price differences between markets. "That's the way we look at it," says Prescher, who lives with his wife, Suzan Haskins, in an apartment with a view of Mount Imbabura. "