Posted inLatest News

Martin Luther King III and Bernice King want to hold board meeting on ‘global resolution’ of their differences

By Maria Saporta

Martin Luther King III and his sister, Bernice King, would like to reach a “global resolution” to settle all legal disputes between each other and their brother, Dexter King.

But so far, Dexter King has managed to prevent the three living children of Coretta and Martin Luther King Jr. from holding a board meeting of the King Estate to consider an out-of-court settlement.

But those legal maneuvers to prevent a meeting from taking place could end on Tuesday when attorneys for the King Center will ask Fulton County Superior Court Judge Todd Markle to lift a “Temporary Restraining Order” preventing the siblings from meeting to consider an out-of-court settlement.

Posted inLatest News

Chick-fil-A’s executive moves show ongoing focus on internal succession

By Maria Saporta

By forming an expanded executive team at Chick-fil-A – a move announced Thursday, CEO Dan T. Cathy has completed a leadership transition that began in earnest 14 months ago.

It was in November 2013 when he took over as the CEO – succeeding his late father, Truett Cathy, the founder of Chick-fil-A, who had served as the company’s top executive for more than 50 years.

Cathy added five new members to the company’s executive team – evidence of how strategic Chick-fil-A is about leadership transition and succession.

Posted inLatest News

King children back in court: alliances shifting; settlement may be out of reach; Bible and Peace Prize in limbo

By Maria Saporta

Just when the legal differences between the children of Martin Luther King Jr. and Coretta Scott King couldn’t seem to get more complicated, a new wrinkle was unveiled in Fulton County Superior Court on Tuesday.

The reason the siblings were in court Tuesday was for Judge Robert McBurney to hear summary arguments about who owns the late Civil Rights leader’s traveling Bible and his 1964 Nobel Peace Prize.

Posted inLatest News

NCR Corp. relocating to Midtown, bringing 3,500 to 4,000 jobs into city

By Maria Saporta and Amy Wenk

Almost six years after moving its headquarters from Ohio to Georgia, financial technology company NCR Corp. is relocating again, this time to Midtown, bringing up to 3,500 to 4,000 jobs into the city.

NCR Corp. (NYSE: NCR) reported late Tuesday it will occupy a site at Centergy North at 8th and Spring streets, putting the company in the innovation district blossoming around Technology Square, anchored by Georgia Tech. NCR also plans to maintain a “significant” presence at a second campus in the northern suburbs.

Posted inLatest News

Atlantans turn out to support ‘Je suis Charlie’ freedoms of expression

By Maria Saporta

An estimated 2,000 Atlantans turned out for a “silent walk” Sunday afternoon as part of the “Je suis Charlie” global demonstration of sympathy for the massacre of more than a dozen Parisians on Jan. 7.

The killing including 10 journalists who worked at Charlie Hebdo, a weekly newspaper outside Paris, which had run editorial cartoons that caricatured the Prophet Muhammad. The newspaper, which was known to caricaturize people of all faiths and political leanings, knew it was a potential target of Islamic extremists and terrorists.

View a series of photos of “Je suis Charlie”sympathizers from Atlanta

Posted inLatest News

Atlanta to hold ‘Je suis Charlie’ walk in silence on Sunday in honor of French journalists and free speech

By Maria Saporta

“Je suis Charlie”

Those three simple words now convey so much more. People all around the world have adopted that slogan as a sign of solidarity for freedom of speech, freedom of expression and freedom of press.

In Atlanta, we will have our own “Je suis Charlie” gathering on Sunday, Jan. 11 from 3 p.m. to 5 p.m.

The Alliance Francaise d’Atlanta is getting the word out that “a silent walk” is being organized from Piedmont Park at the 12th Street entrance to the Alliance Francaise offices at Colony Square – 1197 Peachtree St. NE.

Posted inLatest News

MARTA Chair Robbie Ashe to ask board on Thursday to extend CEO Keith Parker’s contract by two years

By Maria Saporta

After delivering a glowing “State of MARTA” address Wednesday morning, General Manager Keith Parker received his own reward.

MARTA board chairman, Robbie Ashe, announced that at Thursday’s board meeting, Parker’s contract would be extended by another two years. Then, almost as an after-thought, Ashe added – “assuming the majority of the board votes for it.”

Posted inLatest News

Fannie Mae’s rebound means taxpayers have been repaid in full

By Maria Saporta

The U.S. Congress should use caution if it undertakes housing finance reform because of the complicated nature of the industry and because of the potential risks involved, according to Timothy Mayopoulos, president and CEO of Fannie Mae.

Mayopoulos was the guest presenter at Monday’s Rotary Club of Atlanta where he was interviewed by Rotarian Egbert Perry, founder of the Integral Group who also serves as chairman of Fannie Mae.

Posted inLatest News

Underground Atlanta sale to WRS Inc. – ‘a big day for our city’ – officials say

By Maria Saporta

Proclaiming that “today marks another milestone” for Atlanta, Mayor Kasim Reed said Wednesday during a press briefing when he announced that the city had entered into an agreement to sell Underground Atlanta to WRS Inc., a real estate investment company based in South Carolina.

WRS will pay the city $25.75 million for 12 acres of downtown real estate, which the city will use to pay off the remaining debt on the property.

Gift this article