Top News & Analysis Atlanta

  • *Hurt by botched warehouse revamps in Germany and U.S. LONDON, Oct 16- British online fashion retailer ASOS said problems with warehouses in the United States and Germany, which were behind a 68% slump in annual profit, were largely behind it, sending its shares sharply higher on Wednesday. It cut profit forecasts in July, saying problems ramping-up warehouses in...

  • *Hurt by botched warehouse revamps in Germany and U.S. LONDON, Oct 16- British online fashion retailer ASOS said problems with warehouses in the United States and Germany, which were behind a 68% slump in annual profit, were largely behind it, sending its shares sharply higher on Wednesday. It cut profit forecasts in July, saying problems ramping-up warehouses in...

  • Oct 15- Flames engulfed two ethanol holding tanks on Tuesday at a NuStar Energy petrochemical storage facility near San Francisco, prompting health authorities to urge residents of two adjacent towns to remain indoors for much of the day while crews battled to subdue the blaze. No injuries were reported from the fire, which began shortly before 2 p.m. and spread...

  • NEW YORK, Oct 11- U.S. stocks rose sharply on Friday as hopes grew that the talks between President Donald Trump and Chinese Vice Premier Liu He would culminate in a partial trade deal and delay planned U.S. tariff increases. The Trump-Liu meeting was set for this afternoon in the White House. "There's marginal progress with trade, it looks like," Keith Lerner, chief...

  • CHICAGO, Oct 10- Delta Air Lines hopes to speed up the hiring of pilots, flight attendants, reservation and airport staff after "surprise" demand growth fueled better-than-expected third-quarter profit, Chief Executive Ed Bastian told Reuters. Atlanta- based Delta does not own the 737 MAX, which has been grounded since March after two fatal crashes.

  • LOS ANGELES, Oct 9- Electricity was shut off to nearly 750,000 California homes and workplaces on Wednesday as Pacific Gas and Electric Co imposed a string of planned power outages of unprecedented scale to reduce wildfire risks posed by extremely windy, dry weather. The power cut knocked out traffic signals, forced school closures and shut businesses and...

  • LOS ANGELES, Oct 9- Electricity was shut off to more than 500,000 California homes and workplaces on Wednesday as Pacific Gas and Electric Co imposed a planned power outage of unprecedented scale to reduce wildfire risks posed by extremely windy, dry weather. The power cut knocked out traffic signals, forced school closures and shut businesses and government...

  • *China offering extra U.S. agriculture purchases- FT. Oct 9- Wall Street rose on Wednesday on hopes of progress in U.S.- China trade talks, though stocks pared gains late after Chinese officials said Beijing had lowered expectations for negotiations this week. Investor sentiment got an early boost following a Bloomberg report that China remained open to...

  • CHICAGO, Oct 9- Delta Air Lines pilots are receiving record overtime, straining the airline's labor costs, partly as it adds more flights to take advantage of a gap in demand left by the grounding of the Boeing 737 MAX at rival carriers, union officials told Reuters. The surge in overtime highlights a split in the fortunes of U.S. airline workers as airlines like...

  • LOS ANGELES, Oct 9- Starting next year, there will be a lot more "green" in those brown UPS delivery trucks. United Parcel Service Inc on Wednesday announced plans to buy more than 6,000 natural gas-powered trucks over three years and step up purchases of renewable natural gas as part of a new $450 million investment to reduce the environmental impact of its...

  • Oct 9- Hundreds of thousands of California homes and businesses started to lose electric power early Wednesday as part of an unprecedented effort by Pacific Gas and Electric Co. to prevent wildfires, the utility said. Nearly 800,000 northern and central California homes and businesses can expect to lose electricity for up to several days, starting on...

  • Eight of every 10 passengers in Latin America traveling outside the region are bound for North America, according to industry group ALTA. Following its breakup with Chile- based LATAM last month, American Airlines quickly announced new flights next year from Miami to Chile and Peru destinations where the two had been coordinating their routes with...

  • Altria's Iqos store in Atlanta's Lenox Square mall

    Iqos isn't a vaping device or a cigarette. It heats tobacco, but doesn't burn it, giving users the same rush of nicotine as smoking.

  • NEW YORK, Oct 3- A wake-up call from the U.S. heartland has spooked Wall Street by raising fears of a recession that will push equities into a correction. After Tuesday's dire picture on manufacturing from the Institute for Supply Management, which rattled the market, investors await Thursday's ISM services report and Friday's employment report to confirm or...

  • Sept 30- Blackstone Group Inc said on Monday it would buy U.S. industrial warehouses from real estate and investment management firm Colony Capital Inc in a $5.9 billion deal, to capitalize on the e-commerce boom. Blackstone said in June it would buy U.S. industrial warehouse properties from Singapore- based logistics provider GLP for $18.7 billion, in what the...

  • DENVER, Sept 26- The Landmark Theaters chain will ban costumes and masks for moviegoers during screenings of the film "Joker", it said on Thursday, following concerns expressed by families involved in a 2012 mass shooting during a Batman film in Colorado. Landmark joins the nation's largest movie chain, Kansas- based AMC Theatres, which has banned masks in theatres...

  • *U.S.- China low-level trade talks resume on Thursday. The S&P 500 was about 10 points shy of its record high of 3,027.98, as markets also turned optimistic about low-level trade talks between the United States and China. "The market just continues to believe the Fed is going to be accommodative," said Robert Pavlik, chief investment strategist and senior...

  • HAMILTON, Bermuda, Sept 18- Hurricane Humberto knocked out power lines in Bermuda on Wednesday night, plunging nearly the whole Atlantic archipelago into darkness, as the storm whipped the British territory with powerful winds and heavy rain. Even as Hurricane Humberto was moving away, Miami- based U.S. National Hurricane Center forecast a prolonged period of...

  • HAMILTON, Bermuda, Sept 18- Hurricane Humberto knocked out power lines in Bermuda on Wednesday night, plunging half of the Atlantic archipelago into darkness, as the storm whipped the British territory with powerful winds and rain. Hurricane-force winds were expected to pummel Bermuda on Wednesday night, the Miami- based U.S. National Hurricane Center said,...

  • HAMILTON, Bermuda, Sept 18- Bermudan officials warned residents to stay off roads and prepare for possible tornadoes on Wednesday as Hurricane Humberto strengthened in approaching the Atlantic archipelago, prompting people to board up homes and businesses. Hurricane-force winds and rains were expected to hit Bermuda by Wednesday night, the Miami- based...