A tight labor market continues to headline the Southeast’s economic conditions, though the transportation industry is bracing for job cuts related to trade tariffs, according to a federal report – and that was before President Trump announced potential tariffs on Mexico.
Category: Latest News
SunTrust and BB&T close to picking name of combined bank
BB&T and SunTrust are down to a “handful” of possible names for the new merged bank, according to Bill Rogers, chairman and CEO of SunTrust Bank.Rogers said the banks likely will announce the new name by the end of the month.
SunTrust to double its investment in community to $300 million
As it prepares to merge with BB&T, Atlanta-based SunTrust Banks will double its investment in the Atlanta community each year over the next three years.“It has been $50 million for the last three years,” said Bill Rogers, SunTrust’s chairman and CEO, in an extensive interview on Tuesday. “We are going to double that amount. It will be $100 million a year for next three years for a total of $300 million.”
Emory names first diversity officer to strengthen ‘diversity, equity, inclusion’
Emory University on Tuesday announced its selection to serve as the first vice provost for diversity and inclusion, chief diversity officer and advisor to the president. The position is to help Emory fulfill its ambitions to fulfill its four pillars of academic excellence.
Georgia’s summer: Hot, dry, grazed by Republican feud over hurricane relief funding
The start of the 2019 Atlantic hurricane season finds Georgia facing ever-increasing dry conditions, even as Republicans have gotten personal in the battle over federal relief for Hurricane Michael – a record delay of 34 weeks after the storm.
Atlanta’s looking to repurpose a jail. It’s in a league with few other cities.
Cities including New York, Dallas and an area near Portland have found themselves with empty prisons or jails recently. And buyers for the big, hulking buildings.
Atlanta’s draft $2.2 billion operating budget, simplified
Much of the annual operations money comes from, and must be dedicated to, the airport, water service and garbage pickup. After that, the next biggest expense is policing.
Atlanta Hawks owner Tony Ressler calls Georgia heartbeat bill political malpractice
Tony Ressler, the majority owner of the Atlanta Hawks, said Georgia’s passage of the anti-abortion “heartbeat bill” was “really bad business” for the state.
National Trust helps improve Herndon Home in Vine City
A targeted initiative by the National Trust for Historic Preservation to preserve African American history is taking hold in Atlanta. The historic Alonzo Herndon Home Museum in Vine City is the most recent example.
Some Atlanta new rapid bus projects expected by 2025; new light rail will take a while
MARTA has come up with a draft calendar of when it’ll spend some new tax money on a list of major light rail construction, rapid bus routes, station works and other improvements.
Atlanta preparing bid for 2026 World Cup
Atlanta is beginning to prepare its official bid to host the semi-final matches of the 2026 World Cup later this summer, according to Dan Corso, president of the Atlanta Sports Council.
Corso was one of the guests who spoke to the board of the Georgia Department of Economic Development at SunTrust Park on Wednesday afternoon scheduled before a game of the Atlanta Braves.
Atlanta’s tree ordinance: Final public forums slated before final draft written
Atlanta’s potential tree ordinance is nearing completion, as next week the city is to convene the second and final round of city-wide public forums before a final draft ordinance is to be presented to the public in July or August.
Smuggling conviction shows nation’s machinery for handling illegal border crossers
The nation’s machinery for prosecuting those involved in smuggling individuals who enter the country illegally was highlighted in a federal conviction announced Tuesday in Atlanta – the case involves a traffic stop for weaving in a lane, a smuggler who was first stopped for smuggling in 1996, and 10 Latin Americans who said they’d paid to be transported to the homes of relatives on the East Coast.
South DeKalb public land swap might – or might not – be a good deal.
Plenty of people are happy getting their exercise at what’s called Intrenchment Creek Park in south DeKalb. They said so at a public meeting where the county presented the idea of trading it away for other land.
As suicide rate spikes among Georgia vets, Shepherd Center raises money to help
As the suicide rate among young Georgia veterans rises to well over twice the rate of their peers who did not serve in the military, the sixth annual event to raise money to help vets with brain injury and/or post-traumatic stress disorder is to end Memorial Day in Buckhead, when runners conclude their run from New York City to the Shepherd Center.
Seven months after Hurricane Michael, major federal relief funding nears approval
By the numbers, Georgians have waited two-and-a-half times as long for federal approval of disaster relief for Hurricane Michael as the Northeast did for Hurricane Sandy relief. In addition, Georgia’s two Republican senators endorsed the funding package that six Georgia House Republicans voted against two weeks ago. One Texas Republican House member delayed the package’s expected final approval on Friday.
Transit funding bill could mean money for region; passage seems iffy, at best
The outlook is bright for transit funding in a spending bill that on Thursday cleared a U.S. House Appropriations subcommittee. However, chances that it has a prayer of becoming law have crumbled amid the latest round of discord over the Democrats’ calls for investigations into President Trump.
Home Depot shareholders thank Arthur Blank, bid Carol Tomé farewell
A sense of nostalgia permeated the 2019 annual meeting of Home Depot shareholders Thursday morning at the Cobb Galleria.The presence of Home Depot co-founder Arthur Blank provided an opportunity for executives and shareholders alike to thank the founders for the $108 billion company that they have created.
Metro Atlanta transit authority ready to evaluate the region’s mobility ideas
Metro Atlanta’s new transit authority has decided, roughly, how it’s going decide which would be the best proposed mass transit projects across its 13-county region.
Fulton Fresh Mobile Market to begin; reminds food deserts exist throughout Fulton
The Fulton Fresh Mobile Market begins delivering produce the Tuesday after Memorial Day, and its route reminds that food deserts existing in communities generally thought of as well served with neighborhood amenities – including neighborhoods in or near Alpharetta and Chattahoochee Hills.
