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Business

Georgia Boosts International Trade

The Department of Economic Development is hosting a series of missions and trade shows in Cuba, Germany and Turkey to tighten trade relations.

Beazer Absorbs $60 M Loss

A Georgia-based home builder reports a loss of $60 million for its last quarter. Beazer Homes says a fall in new orders and home closings contributed to the loss.

Record Sales For Georgia Car

Kia posts record sales for Sorento. Crossover is built in Georgia. More than 10-thousand sold in October.

Sea Island Settles Bankruptcy

A bankruptcy judge has approved Sea Island Co.'s plan to sell its luxury resorts, golf courses and private clubs to settle the Georgia company's Chapter 11 case. Judge John S. Dalis noted Sea Island's creditors voted almost unanimously in favor of the $212.4 million sale as he ruled in court Thursday.

Delta Attendants Reject Union

A flight attendants' union on Wednesday lost its all-or-nothing fight to cover those workers at Delta Air Lines Inc. The results showed almost 48 percent of Delta flight attendants voted in favor of joining the Association of Flight Attendants-CWA. They needed a majority.

AGL Wants More Natural Gas Stations

PSC will consider adding natural gas stations. Compressed Natural gas not widely available. Officials hope to creat CNG corridor in Southeast.

Nuclear Energy's Next Generation

Officials at the Savannah River Site near Augusta are making plans for a nuclear energy park at the facility. The park would showcase a new breed of small reactors.

Warehouse Raid Yields Rats, Birds, Bugs

Federal authorities seized more than $700,000 worth of rice and other items from what regulators described as a rodent-infested metro Atlanta warehouse. U.S. Marshals raided the warehouse operated by Sun Hong Kai Holding Inc., which does business as United Food Service.

PSC Approves Gas Rate Hike

The Public Service Commission approved a rate increase for Atlanta Gas Light customers today. But it’s less than what the company asked for.

Savannah Names Int'l Business Task Force

A new business task force in Savannah will focus on expanding the city's reach to overseas companies. Savannah has named 19 people to the Greater Savannah International Alliance, including Brynn Grant of the Savannah Economic Development Authority. She says, a lot of new business in the US right now actually is coming from abroad.

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