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Business

Flooring Business Grows Despite Industry Struggle

Thousands of jobs in northwest Georgia have disappeared since late 2006 when the flooring industry started to collapse alongside the housing market.

House OK's Cutting Trees By Billboards

The state house passed a bill that would allow the clear-cutting of trees in front of billboards. It's a measure bill board companies have been trying to pass for years.

Earnings Improve for Georgia’s Banks

Two-thirds of the Georgia’s banks had improved earnings in 2010 and fewer institutions operated in the red, according to the fourth-quarter banking profile from the Federal Deposit Insurance Corporation. Georgia banks lost $1.6 billion in 2010, less the half their losses in 2009. But nationwide, banks made more than $87 billion altogether last year.

Heinz Ketchup To Use Coke's Bottle

H.J. Heinz Co. says it is making its iconic ketchup bottles a bit more green.

Two More Georgia Banks Fail

Regulators have shut down two small banks in Georgia, making six banks that have failed in the state this year.

Delta Fined For Treatment of Disabled

Delta Airlines is facing the largest fine that's not safety-related in the history of the U.S. Department of Transportation.

Warm Temperatures Put Crops At Risk

Unusually cold winter means peaches and blueberries have had enough cold temperatures to produce fruit. Warm weather could make this happen early. Late freeze could be damaging.

Obama's Budget: No Money For Harbor Construction

President Obama's budget released this morning includes about $600,000 for the engineering phase of the Savannah harbor deepening. But that's only a fraction of the millions of dollars that state officials were seeking. State officials consider it the most important economic development project.

Lawmakers Consider Tax Exemption On Airplane Parts

State lawmakers from Augusta and Savannah want to renew a tax-exemption for airplane parts.

Georgia Forests Are Worth Billions

Georgia’s timber industry is worth $28 billion a year. While tax easements are an incentive to keep forests, timber is Georgia’s second-largest industry and is growing.

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