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Atlanta Anti-Foreclosure Program Slow and Tricky A recent audit by the U.S. Solicitor General says that Atlanta is dragging its feet in spending money to fight foreclosures. The December report says the city has expended only a small fraction of what it was awarded to buy, fix and resell homes. City officials say things got off to a bumpy start, but insist they'll be able to complete the project on time.
AirTran Expects Growth, Atlanta to See New Service AirTran says it will increase capacity by three to four-percent this year. But will Atlanta--the carrier's biggest hub--enjoy those gains? WABE's Jim Burress reports.
Metro Atlanta Unemployment Inches Up One week after we learned of record-high unemployment in the state, the Georgia Department of Labor Thursday released numbers specific to metro Atlanta. WABE's Jim Burress reports.
Georgia Banks Fear Fallout from Commercial Loans Georgia saw more bank failures in 2009 than any other state, and the next three years may be even worse. That's what local players in the commercial real estate market told a federal panel. The Congressional Oversight Panel for the Troubled Asset Relief Program, or TARP, chaired by Harvard Law School professor Elizabeth Warren, was in Atlanta today.
Public Program to Stave Foreclosures Lags Ten months after winning more than $12 million to buy, renovate, and sell foreclosed homes, Atlanta's only put one house on the market. City officials had hoped to be further along with the federal Neighborhood Stabilization Program, but private investors are outbidding them on homes.
Initial Jobless Claims in Georgia Top 100,000 in December Just-released numbers from the state show nearly 101,000 Georgians filed new unemployment claims in December. WABE's Jim Burress reports.
UPS Announces Reductions in Spite of Profits Atlanta-based UPS today announced that its fourth quarter earnings for 2009 are expected to do far better than first thought. At the same time, though, the package shipping company said it will shed 1800 management-level jobs nationwide as part of a restructuring. WABE's Odette Yousef reports.
AirTran Opening Hub in Milwaukee AirTran Airways has scaled back flights into and out of Atlanta this year. Still, it's second only to Delta in terms of passenger volume here. Now, the discount airline is shifting part of its focus to the North, opening a second hub in Milwaukee. WABE's Jim Burress reports.
Atlanta Hotel Operators Look to New Year's Eve, 2010 to Bolster Profits After a dismal 2009, Atlanta hotels are looking to New Year's Eve for a reason to celebrate.
Dealine Approaches for 2009 Tax Deductions, Credits With just a few days left in 2009, time is running out to amass deductions and credits to claim on this year's taxes. WABE's Jim Burress has more.
State Secures Interest-Free Federal Loans to Bolster Unemployment Account On the heels of Metro Atlanta's slightly-improved jobless report released Wednesday, state officials say Washington will keep unemployment funds coming to Georgians still looking for work. WABE's Jim Burress reports.
Getting a Rebate? Read the Fine Print... If the offer of a rebate enticed you into a store this holiday shopping season, make sure you read the fine print. The Better Business Bureau of Metro Atlanta says pre-loaded plastic cards are supplanting traditiona; check rebates, and they come with a number of pitfalls. WABE's Odette Yousef reports.
Chinese Business Incubator Locates Headquarters in Atlanta Scaled-down office will provide a portal for Chinese companies looking to expand operations in the US and Latin America.
Cessna Announces Closure of Columbus, Georgia Operations Aircraft maker Cessna has announced more job cuts. The latest round involves the closure of its Columbus, Georgia facility. WABE's Jim Burress reports.
Metro Atlanta Hiring "Reserved" in 1Q 2010 A report released this morning on hiring shows metro Atlanta employers plan to use reserve when adding jobs in the 1st quarter. WABE's Jim Burress has more.
Water is top priority for 2010 Metro Atlanta Chamber Chamber looked towards the future while celebrating its 150 year history in downtown Atlanta.
Despite recession, long Black Friday lines surprise shoppers Mall of Georgia shoppers thought tough economic times would keep people away from stores despite deep discounts.
Metro Atlanta's Jobless Rate Remains Steady Numbers fail to represent entire picture, however.
Atlanta's budget is in the black 8.3 million dollars to the good because the city is only spending what it has to.
AirTran Adds Ads to Tray Tables Baggage Fees. Peak Travel Surcharges. And now, AirTran Airwaves has come up with a new way to generate revenue. WABE's Jim Burress has more.