Since its founding in 1997, Teavana has called Atlanta home. But that's about to change. Starbucks, which purchased Teavana for $620-million in 2012, is moving the retailer's operations to its Seattle base.
“I think it was just a matter of time before they would consolidate those operations," says ITG restaurant analyst Steve West. "There’s really a lot more international potential for tea rather than coffee.”
In the wake of the crash of Malaysian Airlines flight 17 over the Ukraine today, Atlanta-based Delta Air Lines says it's stopped routing flights through Ukrainian airspace out of "an abundance of caution."
A well-known phone scam is cropping back up in Atlanta’s northern suburbs, and the scammers are using the Georgia Power Company as their alias.
Georgia Power says it has heard from more than 500 customers since the first of the year that they have gotten phone calls about their power bills being overdue or their payments lost in the mail.
“The caller tells the customer to go to a store that sells money cards,” says Georgia Power’s Carol Boatright. She says the utility does call customers about overdue bills but does not ask them to pay them off with debit or gift cards.
Georgia received the number one ranking after coming in first in the study in workforce and infrastructure. The state also ranked in the top half in all but two of the study’s ten categories. Scott Cohn is a senior correspondent with CNBC. He says Georgia went from eighth in last year’s study to first this year.
The Federal Export-Import Bank is in place to finance international buyers' purchases of U.S. Goods. Its charter is before Congress for re-authorization, which is proving to be a polarizing and politicized process.
It's also put Atlanta-based Delta Air Lines sqarely against Boeing, the airline's largest aircraft supplier.
Georgians are paying some of the lowest premiums in the nation for insurance on the federal healthcare marketplace, according to data released Wednesday by the federal Dept. of Health and Human Services.
The data compared 35 states that opted to let the federal government run their exchanges.
The average price in metro Atlanta today for regular unleaded gasoline is $3.61, and increase of about four cents per gallon from a week ago.
Mark Jenkins, with the American Automobile Association, says increases right now depend on the unstable situation in Iraq. “If there’s a resolution reached relatively soon, then gas prices could start to level out again,” said Jenkins. “But if things continue on, we could expect to see continue to see rising gas prices.”
More than 1,100 jobs are coming to Clayton County.
Chime Solutions is an Atlanta-based human resource, business process outsourcing firm. The company plans to bring more than 1,100 jobs to Morrow in Clayton County and repurpose a former J.C. Penney inside Southlake Mall.
Governor Nathan Deal says the announcement comes in a county where the unemployment rate has greatly exceeded the state as a whole.
“This announcement should bring hope and opportunity to that part of our state. We think it will be a precursor to opportunity that will follow soon behind.”
A new Atlanta Braves stadium and adjoining mixed use development in Cobb County is one step closer to reality. That’s after Cobb commissioners approved a final stadium deal for the project Tuesday night.
The meeting started off with several opposed or concerned about the deal objecting loudly to the fact they were not allowed to comment on the project. That’s because the number of speakers was limited to twelve, which is typical during normal meetings. Eventually, when the residents refused to quiet down, county police officers escorted them out of the meeting.
On Tuesday night, Cobb County commissioners are expected to vote on a final deal for a new Atlanta Braves stadium and adjoining mixed use development.
During the meeting, commissioners will decide whether to authorize borrowing for the project that could exceed the amount originally planned by nearly $30 million.
At tonight’s meeting, county officials will decide whether to approve the borrowing of up to $397 million dollars in revenue bonds for the project. That could stretch the county’s annual payment for the stadium as high as $25 million.
Under the deal, Delta will take over one of Virgin’s two daily flights between Los Angeles International and London-Heathrow. It marks the first time Delta’s served London out of LAX with nonstop service.
The Atlanta Falcons Monday night held a flashy groundbreaking ceremony for a new stadium to be completed in March 2017.
The ceremony took place about a hundred yards from the actual construction site and was a spectacle that included fireworks, pyrotechnics, hors d'oeuvres, an open bar, and a 3-D video tour of the new stadium projected onto a huge movie screen.
On Thursday, May 15, 2014, Cobb County officials again defended the approval process and funding for the new Braves stadium. While they were doing that, team officials were talking about the conceptual drawings for the new ballpark, which had been released the day before. The proposed stadium, and the mixed-use development around it, are set to open in April, 2017. Derek Schiller, the Braves executive vice president for sales and marketing, spoke with WABE's Denis O'Hayer.
Public Broadcasting Atlanta would like to assure WABE listeners that any changes in the Atlanta market will only strengthen our commitment to continue to provide the high quality news, arts and cultural programming that listeners have come to rely on from WABE and Public Broadcasting Atlanta.
In a press release, Braves president John Schuerholz noted that these are not the final designs. “This is a very early look at how our vision is shaping up and, even though we are still months away from final plans and drawings, we are very pleased with the progress.”
Southwest CEO Gary Kelly did not mention Atlanta Wednesday when he told investors the airline is “here to grow.”
Speaking via webcast, Kelly did single out Dallas, Houston, Ft. Lauderdale and Los Angeles.
“As long as we have a competitive advantage, it makes sense for us to be investing in these facilities where we can grow,” Kelly said. “Competitive advantage is two things: a lower price and better service.”