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Top News & Analysis Georgia

  • In his first detailed budget submission to Congress on Tuesday, Trump requested major reductions to programs that help poor families afford groceries and poor and disabled people get healthcare. Some Republicans in Congress cheered Trump's budget. They're really deep, deep cuts, "said Republican Representative Hal Rogers, whose eastern Kentucky district...

  • Westinghouse, a unit of Japan's Toshiba Corp, filed for bankruptcy in March following billions of dollars in cost overruns at two nuclear power plants it designed and is constructing in Georgia and South Carolina. An attorney for Westinghouse said in U.S. bankruptcy court in New York that cash from the loan would allow the company to complete its business plan...

  • NEW YORK, May 19- With S&P 500 companies set to notch their strongest quarterly earnings growth in about six years, a weaker U.S. dollar may help keep the profit momentum rolling and support share prices in the weeks to come. After a dramatic week in Washington that rattled financial markets, one possible silver lining for stock investors was the weaker dollar,...

  • The case has increased trade tensions between the United States and Canada- along with disputes over Canadian softwood lumber and U.S. milk protein products- as both countries prepare for a possible renegotiation of the North American Free Trade Agreement under the "America First" trade policy of U.S. The Commerce Department is expected to proceed with the...

  • The case has increased trade tensions between the United States and Canada- along with disputes over Canadian softwood lumber and U.S. milk protein products- as both countries prepare for a possible renegotiation of the North American Free Trade Agreement under the "America First" trade policy of U.S. The Commerce Department is expected to proceed with the...

  • The hard drive assembly line at Western Digital.

    Western Digital has sought international arbitration to stop partner Toshiba from selling its chips arm without its consent.

  • Lidl said in February it planned to open its first 20 U.S. stores in North Carolina, South Carolina and Virginia, with 80 more to follow in the United States within the first year. Lidl is owned by Germany's privately held Schwarz Group. According to the company's website, it is hiring workers in 38 cities in the eastern U.S. states of Delaware, Georgia, Maryland, New...

  • TOKYO, May 15- Western Digital Corp has sought international arbitration to stop partner Toshiba Corp from selling its chips arm without its consent, potentially derailing a much-needed capital injection for the Japanese conglomerate. A legal battle could delay or put an end to the auction that could fetch some $18 billion and has attracted suitors such as...

  • TOKYO, May 15- Western Digital Corp has sought international arbitration to stop partner Toshiba Corp from selling its chips arm without its consent, potentially derailing a much-needed capital injection for the Japanese conglomerate. California- based Western Digital is a long-standing joint venture partner in Toshiba's main semiconductor plant in...

  • WILMINGTON, Del/ NEW YORK, May 14- The owners of the unfinished Vogtle power plant in Georgia led by Southern Co agreed to cap Toshiba Corp's responsibility for its guarantees on the much-delayed nuclear project, helping ease the Japanese electronics maker's financial stress, people familiar with the matter said on Sunday. The deal is also contingent on the...

  • WILMINGTON, Del/ NEW YORK, May 14- The owners of the Vogtle nuclear power plant in Georgia led by Southern Co agreed to cap Toshiba Corp's responsibility for guarantees for its bankrupt Westinghouse subsidiary, helping ease the Japanese electronics maker's financial stress, people familiar with the matter said Sunday. The deal is also contingent on the owners...

  • Lidl said in February it planned to open its first 20 U.S. stores in North Carolina, South Carolina and Virginia, with 80 more to follow in the United States within the first year. Lidl is owned by Germany's privately held Schwarz Group. According to the company's website, it is hiring workers in 38 cities in the eastern U.S. states of Delaware, Georgia, Maryland, New...

  • May 12- Florida's attorney general has demanded records from Koch Foods Inc, Wayne Farms LLC and other chicken companies in connection with an investigation into anticompetitive conduct within the poultry industry, according to newly released documents. The documents, obtained from Florida Attorney General Pam Bondi's office by Reuters on Thursday in...

  • Republican Greg Gianforte campaigns for Montana's House of Representatives seat vacated by the appointment of Ryan Zinke to head the Department of Interior on April 22, 2017 in Bozeman, Montana.

    The president's party tends to lose ground in midterms, attracting eye-popping sums from both sides, USA Today reports.

  • ORWELL, Ohio, May 12- Three years ago if a customer walked onto Dan Reel's used car lot seeking a late-model off-lease Ford Escape, his answer was short: tough luck. That's enough to put more than 40 percent of the inhabitants of this small northeastern Ohio town, population 1,600, into the popular crossover. "The automakers have flooded the market," said Reel, owner of...

  • WASHINGTON, May 11- A major challenge to the U.S. watchdog for consumer finances fizzled on Thursday, as Congress missed a deadline to repeal the agency's new rule on prepaid cards. The timing made the rule eligible for Congress to repeal it under the Congressional Review Act, but lawmakers only had until Thursday to kill the regulation by passing a disapproval...

  • May 8- A federal jury on Monday cleared a Florida bank and its former chief executive of U.S. Securities and Exchange Commission charges that they downplayed real estate lending risks prior to the global financial crisis. Jurors in Miami found BBX Capital Corp, a Florida company once known as BankAtlantic Bancorp, and former Chief Executive Alan Levan not...

  • May 8- Tyson Foods Inc said on Monday quarterly profit fell 21 percent, hurt by fires at two chicken plants, and that Florida's attorney general was seeking information from the company regarding a probe into possible anticompetitive behavior. Net income attributable to Tyson declined to $340 million in the quarter ended April 1 from $432 million a year...

  • Republicans in the U.S. House of Representatives voted to undo Obamacare on Thursday, but even if the bill- known as the American Health Care Act- is passed by the Senate it would not solve a critical outstanding issue for insurers looking at 2018: Will the government continue to fund the cost-sharing subsidies that help individuals pay for care?

  • *Healthcare legislation heads to Senate after narrow passage. May 4- Wall Street ended flat on Thursday as a steep fall for the energy sector countered some solid earnings reports, with major stock indexes closing little changed after the U.S. House of Representatives passed a healthcare overhaul. The House on Thursday afternoon narrowly voted to repeal major...