Business

Airlines and Aviation
9:06 am
Mon November 24, 2014

AirTran Enters Final Month Of Four-Year Phase Out

Check-in kiosks stand at the ticket counters for Southwest and AirTran Airways at Hartsfield-Jackson airport. Soon AirTran will be phased out as Southwest Airlines completes its four-year acquisition.
Credit David Goldman / Associated Press

AirTran Airways’ final flight is now about one month away.

The airline - which for nearly two decades has maintained its primary hub here in Atlanta - is being phased out as Dallas-based Southwest Airlines completes its four-year acquisition.

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Business
6:00 am
Mon November 24, 2014

Krog Street Market Opens

Michelle Wirth WABE

After much anticipation, the Krog Street Market officially opens in Inman Park today. Developers say the new market is the first “food hall” to open in Atlanta.

Inman Park resident Lee Arno stands in front of the 30,000 square foot market. Inside there are stores, several food, retail stalls and a handful of restaurants. Arno lives just steps away and is looking forward to its opening.

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Business
6:23 am
Fri November 21, 2014

Graco Recalls 5 Million Strollers For Amputation Hazard

A safety-related concern causes Graco to recall millions of its strollers.
Credit Gracobaby.com

Graco Children’s Products is recalling 11 types of its strollers for safety related reasons.

Officials with the Atlanta-based company say a folding hinge on the sides of the strollers can close on a child’s finger, posing a potential amputation hazard.

The models in question include Aspen, Breeze, Capris, Kite, TravelMate Strollers and Travel Systems.

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Business
5:35 pm
Thu November 20, 2014

Why You'd Never Know Atlanta is Tops for Data Centers

Office parks, like this one in DeKalb County, are one place data storage centers are housed. Chances are you'd never know it, though. Companies prefer to keep their data center locations top-secret.
Credit Jim / WABE News

Big data needs big closets.

Turns out, Atlanta’s among the best when it comes to storing the stuff.

Real estate giant CBRE recently looked at the top 23 markets for data hubs, and found Atlanta is among the most cost-effective.

“You’ve got a combination of lower cost utilities and very competitive rental prices,” says Pat Lynch, CBRE’s manager of data center solutions. “The tax component is the third part.”

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Business
9:20 am
Thu November 20, 2014

UPS Store Creates App for Sending Video Messages

With the Delivering Holiday Happiness app from the UPS Store you can send customized video messages along with your packages.
Credit The UPS Store Inc.

Would you like to deliver a special video message to friends and family this Christmas?

There's an app for that.

The UPS Store Inc. is giving people a chance to "Deliver Holiday Happiness."

It's a new app, which debuted this week, that gives customers the chance to record a brief video.

The person who receives the package gets a sticker with a URL address that leads them to the video.

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Business
5:18 pm
Wed November 19, 2014

When a High Unemployment Rate Isn't Bad and Low Gas Prices Aren't Good

Joe Warner fills up his tank at a gas station in Atlanta.
Credit David Goldman / Associated Press

It might seem strange for an economist to say a state's high unemployment rate isn’t necessarily bad.

Equally flummoxing? When an economist says falling gas prices aren’t necessarily good.

But both were points Georgia State University economist Rajeev Dhawan made Wednesday during his quarterly economic forecast. 

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Business
4:43 pm
Wed November 19, 2014

Hartsfield-Jackson Airport Experiences Growth In Revenue, Jobs

The departure board for Delta's terminal at Hartsfield-Jackson International Airport.
Credit David Tulis / Associated Press

In the past four years, Atlanta’s airport has seen a boost in revenue and a growing number of jobs. Atlanta Mayor Kasim Reed touted the increases today during the release of a 2013 economic impact study released by the airport.

Mayor Reed said last year, Hartsfield-Jackson International generated more than $34 billion in direct business revenue to metro Atlanta. That includes money from airlines, concessions and local hotels. And Reed said it’s about $2 billion more than in 2009, the last time this type of study was released.

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Business
2:51 pm
Wed November 19, 2014

Animal Rights Group Calls On Chick-fil-A To Reform Supply-Chain Practices

Mercy for Animals' Matt Rice at a Wednesday press conference in Atlanta.
Credit WABE

Atlanta-based Chick-fil-A denies working with a poultry supplier accused of abusing chickens. The fast food chain claims it cut off the relationship in early 2013.

But an animal rights group says it has evidence Chick-fil-A used the supplier into this year and is calling on the company to change its practices.

Matt Rice with Mercy for Animals says abuse and torture remain rampant by Chick-fil-A’s suppliers.

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Business
11:15 am
Wed November 19, 2014

Atlanta Business Reporter Maria Saporta Remembers Herman Russell

The late Herman Russell.
Credit H.J. Russell and Company

Atlanta businessman Herman Russell passed away Saturday at the age of 83.

Russell was a pioneering African-American business leader, who forged partnerships with Atlanta's white business community during a time of racial discrimination.

Atlanta business reporter, and family friend of Russell, Maria Saporta, wrote a tribute to him after hearing of his death. Here, she talks with WABE's Martha Dalton about Russell's legacy. 

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Business
6:00 am
Tue November 18, 2014

What's in a Nickname: Murder Kroger or BeltLine Kroger

With a slew of upgrades and improvements, the Kroger on Ponce de Leon Ave. in Atlanta hopes to change its nickname from "Murder Kroger" to "BeltLine Kroger."
Credit J.C. Burns / flickr.com/jcburns

Later this week, Kroger officials will hold a grand reopening of the Ponce de Leon Avenue store.

Along with trumpeting some upgrades to both the interior and exterior, management will try to shed a rather ominous nickname that’s stuck for more than a decade: Murder Kroger.

Likely named after a woman was shot and killed in the parking lot back in the early 90s, the store even inspired a song by the local band Attractive Eighties Women.

But Kroger thinks with the changes, it should get a new nickname. 

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Business
3:11 pm
Mon November 17, 2014

Remembering Trailblazing Business Icon Herman Russell

Credit H.J. Russell and Company

Look around any street or upon any building in the city of Atlanta and there’s probably something built by H. J. Russell Construction Company.

The company was founded by Herman J. Russell, an Atlanta native who turned a small plastering business into several successful others.

Russell died in Atlanta on Saturday, Nov. 15, 2014.

And as we hear from WABE’s Rose Scott, Russell’s achievements are far beyond brick and mortar.

Perhaps in this day and age, taking $125 to start a business may seem like a long shot.

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Business
6:54 am
Fri November 7, 2014

Home Depot Hacking Affected Millions of Email Addresses

The Home Depot hacking also included millions of email addresses.
Credit John Lorinc / WABE

The headaches around the Home Depot hacking are pounding a little harder. 

Earlier this year, the Atlanta-based company announced payment card data was stolen from millions of customers. 

But, now officials say that’s not all that was taken.  

The criminals behind the Home Depot hacking also swiped files that contained roughly 53 million email addresses from customers.

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Airlines and Aviation
3:51 pm
Thu November 6, 2014

Airlines Prep for Busiest Holiday Travel Period in Years

Passengers wait for their planes during the big Thanksgiving travel season at LaGuardia Airport in New York last year.
Credit Seth Wenig / Associated Press

  If you’re flying home to grandma’s house this Thanksgiving, expect more company in the skies and more people at the airport.

The nine major U.S. airlines (including Atlanta-based Delta) expect to carry nearly 25-million passengers this holiday period. That’s a percent-and-a-half increase compared to last year, according to industry trade group Airlines for America.

To accommodate the added demand, airlines are adding seats and flights. 

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Business
5:50 am
Wed November 5, 2014

Some Retailers Shutting Doors on Thanksgiving

Retailers are getting ready for another busy holiday season.
Credit usdailyreview.com

It's still early November, but many retailers are ready for Christmas.

Black Friday, the day after Thanksgiving, is traditionally a major shopping day.

But, over the past few years, some businesses have been opening on Thanksgiving Day itself, in an attempt to boost the bottom line.

However, some are keeping their doors shut on Turkey Day. 

The include: American Girl, Costco, Dillards, Publix, T.J. Maxx and True Value.

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Business
6:56 am
Fri October 31, 2014

Haunted Houses Enjoy Boost from Halloween

For some businesses and industries, Halloween is like Christmas.
Credit National Retail Federation

It’s Halloween, and that means some companies have been “scaring” up a lot of business over the past few weeks.

"Oh my goodness, October for us is like Christmas for retail businesses.  We can make almost all of revenue for the year in just the one month of October," says Collin Cash, with the Historic Marietta Trolley Company, which includes the Ghosts of Marietta Tour.

According to a 2005 Gallup poll, nearly 40-percent of Americans believe houses can be “haunted.” 

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Business
6:00 am
Thu October 30, 2014

Tesla Expanding Georgia Presence; Facing Court Battle from Georgia Automobile Dealers Association

Decatur's Tesla showroom is scheduled to open Nov. 4, 2014.
Credit Jason Parker / WABE

Tesla, known as the electric car to the stars, is getting ready to open its second store in Georgia. At the same time, the car company is getting push-back from the state’s automobile dealers.

With entry-level pricing upwards of $70,000, not everyone is in the market for a Tesla -- even with Georgia’s $7,500 electric car incentive.

But Tesla Motors already has a showroom and service center in Marietta and is gearing up to open another one next week on Church Street in Decatur.

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Business
1:28 pm
Thu October 16, 2014

Georgia Lottery Earns Record First Quarter Profit

Credit Dan Raby / WABE

  The Georgia Lottery Corp. says it earned record revenue for state education initiatives in the first quarter of fiscal year 2015.

Officials say the lottery earned more than $227 million dollars for state education initiatives, surpassing last year's total by more than $3.2 million.

Lottery officials say the first quarter of the agency's fiscal year spanned July 1 to Sept. 30.

Officials say the lottery has raised a total of $15.7 billion for Georgia education programs since the lottery's inception in 1993.

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Business
6:21 pm
Wed October 15, 2014

AT&T to Offer Super-Fast Internet in Atlanta

Credit Bidgee / Wikimedia

AT&T this week announced plans to offer super-fast internet service to Atlanta and three other cities in Georgia. Comcast and Google are also thinking about offering a similar service.

But does Atlanta really need it? And if so, will Atlanta’s sprawled-out geography affect the roll-out?

AT&T says Atlanta, Decatur, Sandy Springs, and Newnan will be the first to get the super-fast internet service. It allows a user to download a TV show in less than three seconds and an HD movie in about half a minute.

Fast indeed, but is it necessary?

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Business
8:15 am
Tue October 14, 2014

Who Loses When Gas Prices Plummet?

Credit WABE News

Gas prices are dropping in Atlanta and across the country. But, there are some drawbacks to the price plunge.

As prices fall toward the $3/gallon mark, that’s a big win for you, the consumer. But as Patrick DeHaan, a senior petroleum analyst with gasbuddy.com, says there will inevitably be some losers.

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Business
6:00 am
Tue October 14, 2014

Developers Focus On Those Seeking 'Carless Commutes'

Credit MARTA.com

Congestion continues to be a major issue in Atlanta. And as the region’s population grows, transit experts say it could get worse. The Atlanta Regional Commission predicts by the year 2040, the Atlanta metro area will have 1.5 million more jobs. Those are among the reasons developers are building with the “carless commute” in mind.

35-year-old Jayma Koval lives in Lake Claire. Rather than get in a car, she rides MARTA daily from the Candler Park/Edgewood station to her job in Midtown Atlanta.

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Business
6:45 am
Mon October 13, 2014

Cartoon Network Launches Micro Network

Cartoon Network Anything is solely based for tablets and smartphones.
Credit CN Anything App

  Cartoon Network is taking programming to a different level.

The Atlanta-based company has debuted a micro-network just for its tablets and smartphones.

It's called Cartoon Network Anything and it offers a constant stream of exclusive, random content which lasts less than 15 seconds.

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Business
6:00 am
Tue October 7, 2014

State's High Court Sides With Brookhaven In Pink Pony Lawsuit

Credit Michelle Wirth/WABE News

If the Pink Pony wants to remain a totally nude strip club that sells alcohol it will have to relocate. That’s based on a Georgia Supreme Court ruling Monday in favor of the city of Brookhaven. In the ruling, the court upheld a lower court decision dismissing the lawsuit. The strip club sued Brookhaven after the newly created city passed a law last year prohibiting completely naked dancing combined with alcohol.

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Business
1:00 pm
Fri October 3, 2014

Retailers, Shippers Preparing for Christmas Season

There's a push to try to make the holiday shopping season move more smoothly this year.
Credit usdailyreview.com

It’s early October... but many retailers already have the holidays on their minds. 

That's because there were a lot of Americans who didn't get their Christmas presents on time last year.

Mother Nature was partly to blame for those problems.

“There was a perfect storm, no pun intended.  A short calendar and a terrible winter, of course, made the situation a lot harder for retailers and their business partners,” says National Retail Federation spokeswoman Kathy Grannis.

However, there was another big reason for late deliveries.

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Airlines and Aviation
1:25 pm
Tue September 30, 2014

Dallas-Love Field Denies Delta

Since 2008, Delta has flown directly from Atlanta to Dallas-Love Field, the city's in-town airport. In two weeks, it must stop that service.
Credit Courtesy: Aviationblog.Dallasnews.com

(Note: This updated version includes link to letter the City of Dallas gave Delta, as well as statement from Delta Air Lines.)

In two weeks, Atlanta-based Delta Air Lines will have to halt its five daily flights to Dallas-Love Field, the city's in-town airport.

To understand why, you have to venture back 35 years.

In 1979, an obscure law called the Wright Amendment became federal law. Part of its purpose was to keep the newer, bigger Dallas-Ft. Worth International Airport busy.

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Business
8:13 pm
Thu September 25, 2014

Georgia's Conflicting Job Numbers: A Conversation with GSU Economic Forecaster Dr. Rajeev Dhawan

Dr. Rajeev Dhawan, director of the Economic Forecasting Center at Georgia State University's Robinson College of Business.
Credit Georgia State University/Robinson College of Business

  On Thursday, September 25, 2014, the state Labor Department announced the unemployment rate in metro Atlanta ticked up a tenth of one percent from July to August, to 8%.  Meanwhile, the state of Georgia has the highest unemployment rate of any state in the nation, at 8.1%.  Yet, other measures show Georgia is among the nation's leaders in creating new jobs.  So can both of these seemingly contradictory measures be true?  To sort it out, WABE's Denis O'Hayer spoke with Dr.

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Business
1:09 pm
Tue September 23, 2014

UPS Store Adding More 3-D Printing Locations

The UPS Store plans to offer 3-D printing in almost 100 locations nationwide, including one in the Atlanta area.
Credit The UPS Store

The UPS Store is adding 3-D printing services to dozens more of its locations nationwide

The subsidiary of UPS says this comes following last year’s successful pilot program. 

Right now, there’s only one store right now in Georgia with this service, and it's located on Ashford Dunwoody Road in metro Atlanta.

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Prices Down Again
1:48 pm
Mon September 22, 2014

Gasoline: Less than $3 a Gallon Again?

Georgia gas prices are down for the seventh week in a row, and analysts say they are likely to keep going down.

We are currently enjoying the highest level of domestic oil production in 25 years, and that is the main reason prices at the pump are plummeting according to AAA’s Josh Carrasco. “That, and in the fall time, we generally see less people traveling, and that tends to drive the price down,” said Carrasco. “Also we’ve switched over to winter blends which are cheaper for refineries to produce.”

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Business
4:13 pm
Fri September 19, 2014

Labor Bureau: Georgia's Unemployment Highest In The Nation

The U.S. Department of Labor’s Bureau of Labor Statistics Friday gave Georgia some bad news in the form of its monthly employment reports for August.

According the report, the state now has the highest unemployment rate in the nation.

Georgia’s unemployment rate jumped to 8.1 percent, up from 7.7 percent in July. It’s nearly back to the 8.2 percent unemployment rate from one year ago.

The figures have made their way into this year’s governor’s race, in which the economy has become a key issue for both candidates.

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Business
5:40 pm
Thu September 18, 2014

A Decade in the Making, Buckhead Atlanta Opens

Dene Oliver, Atlanta Mayor Kasim Reed, and former Atlanta mayor and current president of Buckhead Coalition, Inc., Sam Massell, pose for cameras before installing a commemorative brick at Buckhead Atlanta.
Credit Katie King / katiekingphotography.com

Buckhead Atlanta, a luxury development project started nearly a decade ago as "Streets of Buckhead," finally opened Thursday.

As the elite and wealthy gathered for the celebration, a quartet played the Stevie Wonder song, “Signed, Sealed, Delivered.” It seemed fitting for a project some thought would never happen.

“Today, Buckhead Atlanta goes from being the developer’s project to being the community’s destination,” said Hunter Richardson, an executive with project developer OliverMcMillan.

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Business
7:19 am
Thu September 18, 2014

Georgia Unemployment Rate Increased in August

The Georgia Department of Labor reports the state's unemployment rate for August rose slightly from the previous month.
Credit Georgia Dept. of Labor

The state’s seasonally adjusted unemployment rate for August was 8.1%, according to the Georgia Department of Labor.

That’s up from 7.7% in July, but down from 8.2% from August 2013.

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