News

No end in sight for downtown Macon’s fast-pace commercial, residential growth

Macon Telegraph : Business News - Sat, 07/06/2013 - 22:19
Downtown Macon’s upswing of the past five to 10 years is continuing as new businesses open and contractors rehab historic buildings.

Permit for proposed Cherry Street nightclub filed

Macon Telegraph : Business News - Sat, 07/06/2013 - 21:58
A conditional use permit to open a bar/nightclub at 557 Cherry St. has been submitted to the Macon-Bibb County Planning and Zoning Commission.

Oil train derails, 1 dead in Quebec town

Macon Telegraph : Business News - Sat, 07/06/2013 - 20:30
A train carrying crude oil derailed Saturday in eastern Quebec, sparking several explosions and a blaze that destroyed the center of the town of Lac-Megantic and killed at least one person. An unspecified number of people were reported missing.

Asiana Airlines connects major technology markets

Macon Telegraph : Business News - Sat, 07/06/2013 - 19:15
Asiana Airlines was relatively unknown in the United States before Saturday's crash landing at San Francisco International Airport. But South Korea's second-largest carrier has been growing steadily over the past 25 years and connects two of the world's biggest technology markets.

Facebook's Sheryl Sandberg nearly on plane that crashed at SFO

Macon Telegraph : Business News - Sat, 07/06/2013 - 18:50
Facebook Chief Operating Officer Sheryl Sandberg took to Facebook to let friends and others know she, her family and colleagues were booked on the Asiana flight that crashed and burned upon landing at San Francisco International Airport Saturday morning, but had switched to United to get frequent-flyer miles.

Asiana Airlines at a glance

Macon Telegraph : Business News - Sat, 07/06/2013 - 18:11
Asiana Airlines is South Korea's second-largest airline. It has recently tried to expand its presence in the United States, and joined the Star Alliance, which is anchored in the U.S. by United Airlines.

2 years after immigration laws, Ga., Ala., stable

Macon Telegraph : Business News - Sat, 07/06/2013 - 13:30
Two years after Georgia and Alabama passed laws designed to drive away people living in the country illegally, the states' agricultural areas are still heavily populated with foreign workers, many of whom don't have legal authorization to be here.

US adds 195,000 jobs in June

Macon Telegraph : Business News - Fri, 07/05/2013 - 20:50
Surprisingly resilient job growth in the past three months has raised the likelihood that the Federal Reserve will start pulling back its massive bond-buying stimulus this fall, but the near-term employment outlook may not be as bright as the latest numbers look.

Morningstar: Client credit card data may be leaked

Macon Telegraph : Business News - Fri, 07/05/2013 - 18:50
Morningstar Inc. says it discovered an illegal intrusion into its systems that may have compromised some of its clients' personal information, including email addresses, passwords, and credit card numbers.

Stocks rebound as jobs report boosts optimism on economy

Macon Telegraph : Business News - Fri, 07/05/2013 - 17:50
Stocks jumped 1 percent as the federal government reported the labor market was gaining strength, overshadowing fears of the Federal Reserve winding down its stimulus.

Motoring Q&A: Cause of brake system failure requires sleuthing

Macon Telegraph : Business News - Fri, 07/05/2013 - 17:35
QUESTION: I was driving my 2008 Ford Escape hybrid in rush-hour traffic when my brake system failed. The ABS warning light and a message on the information panel told me to check the brake system. When this happened I lost most of my stopping power, although I had some braking left by pushing hard on the pedal. At my garage, the technician inspected the vehicle and read the failure codes - C1479 and C1481, which read "plausible brake pressure incorrect." They were unable to re-create the failure mode and the vehicle worked flawlessly in their tests.

Their specialty: Saving your belongings from storms

Macon Telegraph : Business News - Fri, 07/05/2013 - 17:30
If your business is looking for the ultimate protection against hurricane damage, a Miami-based company - American Business Continuity Domes - can build you a steel-reinforced concrete dome the company says can survive winds of more than 250 miles per hour, as well as seismic activity, water and fires.

Tesla fans petition US to allow direct sales

Macon Telegraph : Business News - Fri, 07/05/2013 - 17:10
A petition to the White House to allow Tesla Motors Inc. to sell its electric vehicles straight to consumers throughout the U.S. surpassed the 100,000-signature threshold it needed this week to prompt a response from the Obama administration.

Why gloomy 2Q earnings outlook might not be so dim

Macon Telegraph : Business News - Fri, 07/05/2013 - 16:35
For Corporate America, it's the season of low expectations.

Stocks end with strong gains after jobs report

Macon Telegraph : Business News - Fri, 07/05/2013 - 16:25
The U.S. stock market is closing higher after a bumpy start, with investors encouraged by a big uptick in hiring.

U.S. reports strong job growth in June, 2 prior months

Macon Telegraph : Business News - Fri, 07/05/2013 - 16:15
Hiring has broken out to a new, higher level as employers added a better-than-expected 195,000 jobs in June and the prior two months were revised upward, a government said Friday in a firecracker of a report.

Dell slips on report buyout offer won't be raised

Macon Telegraph : Business News - Fri, 07/05/2013 - 15:55
Shares of Dell are falling on reports that founder Michael Dell and Silver Lake Partners don't plan on raising their $24.4 billion buyout offer for the company.

Moody's places RBS ratings on review for downgrade

Macon Telegraph : Business News - Fri, 07/05/2013 - 15:50
Moody's Investors Service on Friday placed its ratings for Britain's taxpayer-owned Royal Bank of Scotland and its parent holding company on review for downgrade, after the nation's Treasury appointed an adviser to asses a potential split of the bank.

A tale of 2 employment surveys, at a glance

Macon Telegraph : Business News - Fri, 07/05/2013 - 15:35
The U.S. economy added 195,000 jobs in June, a healthy gain. And more jobs were added in April and May than earlier estimated. But the unemployment rate didn't change: It was 7.6 percent for the second straight month.
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