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Home   >   Business
Biomedical researcher says Augusta on right track
Web-posted 01/27/10
A biomedical research leader who cut his teeth by boosting the research park at Wake Forest University said Augusta is on the right track in boosting its own bioscience industry.
Delta posts small loss for fourth quarter
Web-posted 01/27/10
ATLANTA - Delta Air Lines Inc.'s corporate travel demand is picking up, its trans-Atlantic business has rebounded and it is holding its own in Asia as it closes the books on a turbulent 2009.
Home Depot to lay off 1,000
Web-posted 01/27/10
NEW YORK - Home Depot Inc., the largest U.S. home-improvement retailer, said Tuesday it is laying off 1,000 staffers as it cuts three pilot programs and cuts some support positions.
DOT bans truckers' texts
Web-posted 01/27/10
WASHINGTON --- The Transportation Department said Tuesday it is prohibiting truck and bus drivers from sending text messages on hand-held devices while operating commercial vehicles.
Toyota halts sales of 8 recalled models
Web-posted 01/27/10
WASHINGTON --- Toyota Motor Co. said Tuesday that it was suspending U.S. sales of eight recalled models to fix accelerator pedals that stick, the latest quality problem to confront the world's No. 1 automaker.
Economy moves forward on its road to recovery
Web-posted 01/27/10
While no one doubts the economy has a long way to go to come back from the recession, the reports Tuesday were signs of progress for a recovery that has proceeded in fits and starts.
December slump caps overall boost in 2009
Web-posted 01/26/10
WASHINGTON --- Sales of previously occupied homes rose in 2009 for the first time in four years, despite a December slump that was due to a tax credit that led many buyers to complete sales earlier.
Delta to spend $1B on service, fuel efficiency
Web-posted 01/26/10
ATLANTA - Delta Air Lines Inc. will invest $1 billion over the next three-and-a-half years to improve customer service, remodel existing aircraft and improve fuel efficiency instead of buying new planes like some of its competitors.
As Wall Street defers bonuses, others suffer
Web-posted 01/26/10
NEW YORK - Big bonuses are back on Wall Street, but that doesn't mean everybody's driving a new Ferrari. This year, more of the rewards are in stock that can't be redeemed for years, limiting the benefit for businesses that cater to the Masters of the Universe.
Business briefs
Web-posted 01/26/10
DETROIT - Ed Whitacre Jr. is dropping the interim from his CEO title at General Motors Co. and he reaffirmed Monday the automaker would repay in full its loans from the U.S. and Canadian governments by June.
Recovery might be at risk in Bernanke vote
Web-posted 01/25/10
WASHINGTON --- A defeat of Federal Reserve Chairman Ben Bernanke's quest for another four-year term could raise the risk of a "double dip" recession if political jousting over a successor were to drag on for months, economists warn.
Dueling numbers equal cautious hope for year
Web-posted 01/25/10
NEW YORK --- Businesses expect to boost hiring and capital spending in the first half of the year as the U.S. recovery from the recession slowly continues, according to a new survey.
Analytical skills are matched by Southern charm
Web-posted 01/25/10
Susan Hunnicutt is going through her fifth merger.
Census is providing employment opportunities
Web-posted 01/25/10
The national unemployment rate is hovering around 10 percent, but the good news is that the upcoming 2010 census will create hundreds of thousands of temporary, part-time jobs across the United States.

Toyota receives grand jury subpoena for documents
Web-posted 2/22/2010
Toyota says it received a subpoena from a federal grand jury requesting documents related to unintended acceleration of its vehicles and the braking system of its Prius hybrid.

Cost cuts, higher sales boost Lowe's 4Q results
Web-posted 2/22/2010
Costs cuts and a modest sales gain helped Lowe's Cos.' fourth-quarter profit rise 27 percent, the No. 2 home-improvement chain said Monday.

Poll: Economists see 'healthy' expansion under way
Web-posted 2/22/2010
Economists expect the recovery to remain "firmly on track" over the next two years though job growth is likely to remain slow, according to a new survey.

Stocks waver in early trading on earnings, M&A
Web-posted 2/22/2010
Stocks fluctuated Monday after another round of upbeat earnings reports and corporate dealmaking.

Obama puts forward $1 trillion health care plan
Web-posted 2/22/2010
President Barack Obama is putting forward a nearly $1 trillion, 10-year health care plan that would allow the government to deny or roll back egregious insurance premium increases that infuriated consumers.

Campbell Soup 2Q profit up; US soup sales fall
Web-posted 2/22/2010
Campbell Soup Co.'s second-quarter profit rose on cost controls and favorable exchange rates even as U.S. soup sales waned.

Oil near $80 as traders eye low interest rates
Web-posted 2/22/2010
Oil prices rose to just below $80 a barrel Monday after a three-week rally, as investors expect the U.S. central bank to keep interest rates near zero to help fuel economic growth — which would boost crude consumption.

Lufthansa pilots strike, upend airline travel
Web-posted 2/22/2010
Thousands of travelers scrambled to find flights, trains, hotel rooms or rental cars on Monday after Lufthansa pilots began a four-day walkout over job security that grounded at least 800 flights and upended travel across the continent.

Documents: Toyota boasted saving $100M on recall
Web-posted 2/22/2010
Claims by Toyota in internal documents that it saved money by obtaining a limited recall from regulators in 2007 create an even bigger challenge for the automaker's president when he testifies before U.S. lawmakers this week over quality and safety lapses.

French refinery strike raises risk of gas shortage
Web-posted 2/22/2010
Striking workers who have shuttered over half of France's oil refining capacity are threatening to expand their walkout to the rest of the country's refineries, raising the risk of gas shortages ahead of key regional elecions.



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