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Business

Entrepreneur Starts Public Bus Service

A private transportation company has set up shop in Clayton County after the cash-strapped government ended local bus service. Local investor, Tywanna Albro, acquired five buses and six vans and has begun operating them on a couple of C-Tran routes.

Georgia Investigates Life Insurers

Georgia is investigating Prudential and MetLife. The probe comes after a national business magazine reported the companies were holding onto $28 billion owed to beneficiaries and making a profit from it.

Sea Island Company Files Bankruptcy

The Georgia-based Sea Island Company has filed for Chapter 11 bankruptcy protection. The coastal resort and development firm had trouble finding buyers for undeveloped land. Sea Island Company needed land buyers because it was in debt to the tune of $428 million.

Delta To Keep Brunswick Flights

Delta Airlines officials say, they'll keep flights to coastal Brunswick, but need more customers to make them profitable. Local officials met with company representatives recently to talk about the city's three-daily, five-day-a-week flights. Local officials consider their airline connection with Atlanta a lifeline for business and tourism.

Fishing "Super Bowl" Brings Big Bucks, Fans

Fishing enthusiasts are heading to Lake Lanier this week for one of the nation’s top bass tournaments. The Forrest Wood Cup is considered the “super bowl” of fishing, and organizers are expecting the event to bring in the big names – and the big bucks.

DOT Selling Ad Space on 5-1-1 Signs

Maybe you’ve noticed company logos on some 5-1-1 road signs in the state. The cash strapped Georgia Department of Transportation is letting companies advertise on their property in order to raise money.

PSC To Hold Hearings Over Rate Hike Requests

The Public Service Commission wants to know what people think about Georgia Power and Atlanta Gas Light’s recent rate hike requests. They’re holding public hearings in Macon, Savannah, Rome and Atlanta over the next few months.

75-thousand Rural Georgians Getting Broadband

Seventy-five thousand rural customers will get broadband. The 13-million dollars comes from federal stimulus funds. U.S. Secretary of Agriculture says more needs to be done.

Savannah, On Your Mark! 30,000 Visitors Coming

Savannah has landed a spot in a 14-city marathon and half-marathon event, with music, called Rock-and-Roll Marathon. The San Diego-based company putting on the event says, hotels and restaurants should expect 20,000 runners, with their friends and family members. The contract is for three years beginning in November 2011.

Bioenergy Conference Underway

Renewable energy experts are in Tifton. Bioenergy part of growing industry in Georgia. State poised to become a leader in the field.

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