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Business

News related to money, including business and finance.

Credit card delinquency rates and balances are on the rise

Credit card delinquency rates and balances are on the rise

Credit card delinquency rates and balances increased in Q2 2023 amid a high interest-rate environment. But there are many ways to pay off debt quickly.

October 19, 2023 4:23pm EDT
Rite Aid closing nearly 100 stores as part of bankruptcy; here's the list

Rite Aid closing nearly 100 stores as part of bankruptcy; here's the list

Rite Aid has more than 2,200 locations in 17 states. The company said in its bankruptcy court filing that it also may close additional stores.

October 19, 2023 12:41pm EDT
Chick-fil-A agrees to settle lawsuit over higher delivery prices, find out out how to file a claim

Chick-fil-A agrees to settle lawsuit over higher delivery prices, find out out how to file a claim

Chick-fil-A, which is based in Atlanta, has agreed to pay $4.4 million to customers after being accused of raising the prices on food ordered through their delivery app.

October 19, 2023 8:54am EDT
Costco CEO to step down from popular wholesaler after 11 years at the helm

Costco CEO to step down from popular wholesaler after 11 years at the helm

Costco COO Ron Vachris has been tapped take over. Vachris started with the company over 40 years ago as a forklift driver and has worked his way up into management.

October 19, 2023 6:50am EDT
Solar panel company opens massive $171M plant in Georgia

Solar panel company opens massive $171M plant in Georgia

The new factory in Dalton is the largest manufacturing plant of its kind in all of the Western Hemisphere.

October 18, 2023 11:59am EDT
Here are the states with the most student loan debt

Here are the states with the most student loan debt

The average overall student debt has increased by 106% or 6.6% each year over 16 years.

October 17, 2023 5:22pm EDT
Mayor Andre Dickens announces $1M loan program to help startups

Mayor Andre Dickens announces $1M loan program to help startups

Mayor Andre Dickens has unveiled a new initiative, the Atlanta Startup Growth Loan Program (ASGL), aimed at providing financial support to local technology startups.

October 17, 2023 1:27pm EDT
Amazon, Tripadvisor and other companies team up to fight fake reviews as FTC pushes to ban them

Amazon, Tripadvisor and other companies team up to fight fake reviews as FTC pushes to ban them

Amazon and several companies are launching a coalition to look for best practices for hosting online reviews and share methods to detect fake ones.

October 17, 2023 10:14am EDT
Shopping is a scream at Calhoun’s AllStar Halloween

Shopping is a scream at Calhoun’s AllStar Halloween

Still need a few spooky supplies for your Halloween celebrations? We found a shop in North Georgia where it's Halloween 365 days a year!

October 17, 2023 9:40am EDT
Social Security COLA 2024 may impact your taxes in a big way

Social Security COLA 2024 may impact your taxes in a big way

The 2024 Social Security cost of living adjustment (COLA) increase aligns with early estimates based on inflation figures for the previous three months.

October 16, 2023 6:15pm EDT
LinkedIn announces another round of layoffs, cutting over 600 employees

LinkedIn announces another round of layoffs, cutting over 600 employees

LinkedIn is set to cut over 600 employees in a new round of layoffs, citing the need for "talent changes" to manage their business effectively.

October 16, 2023 2:19pm EDT
New viral work trend 'monk mode' has workers focusing on one task at a time to boost productivity

New viral work trend 'monk mode' has workers focusing on one task at a time to boost productivity

To achieve more productivity in the workplace, the "monk mode" term has been trending on TikTok as people discuss removing all digital distractions and share tips and advice.

October 16, 2023 10:03am EDT
Rite Aid files for bankruptcy amid falling sales, opioid-related lawsuits

Rite Aid files for bankruptcy amid falling sales, opioid-related lawsuits

In 2022, Rite Aid settled for up to $30 million to resolve lawsuits alleging pharmacies contributed to an oversupply of prescription opioids.

October 16, 2023 9:49am EDT
US companies increasingly eliminate college degrees as requirement amid 'out-of-control' school costs

US companies increasingly eliminate college degrees as requirement amid 'out-of-control' school costs

"If you are going to work for a tech company, what's more important? A college degree or practical experience that you can code," one entrepreneur said.

October 16, 2023 6:54am EDT
Microsoft closes deal to buy Call of Duty maker Activision Blizzard after antitrust fights

Microsoft closes deal to buy Call of Duty maker Activision Blizzard after antitrust fights

Microsoft completed its purchase of video game-maker Activision Blizzard for $69 billion on Friday, closing one of the most expensive tech acquisitions in history that could have repercussions across the video game industry.

October 13, 2023 4:39pm EDT
Mortgage rates headed to 8 percent territory if Fed keeps up hike pace: Freddie Mac

Mortgage rates headed to 8 percent territory if Fed keeps up hike pace: Freddie Mac

The average 30-year fixed-rate mortgage increased to 7.57% for the week ending Oct. 12, according to Freddie Mac's latest Primary Mortgage Market Survey.

October 13, 2023 3:32pm EDT
Solar power company says it will restart Georgia factory

Solar power company says it will restart Georgia factory

Six years after going bankrupt, U.S. solar manufacturer Suniva says it will restart its factory in Norcross and hire 240 people.

October 13, 2023 7:21am EDT
Walmart to build $350M milk plant in Georgia, hiring hundreds

Walmart to build $350M milk plant in Georgia, hiring hundreds

Walmart's new dairy processing plant will produce white and chocolate milk and will hire nearly 400 people in south Georgia.

October 13, 2023 6:22am EDT
Microsoft’s AI tool coming soon to Outlook, writing email replies for you

Microsoft’s AI tool coming soon to Outlook, writing email replies for you

Microsoft 365 Copilot will become generally available for corporate customers on Nov. 1 across its programs like Word, Excel, PowerPoint, Outlook and Teams, the company said.

October 12, 2023 5:32pm EDT
Chipotle plans to raise menu prices again

Chipotle plans to raise menu prices again

Chipotle is raising its prices for the fourth time in the last two years.

October 12, 2023 3:30pm EDT
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Walk for Peace reaches Decatur with Buddhist monks honored for message

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Meet Aloka, the peace dog winning hearts nationwide during Walk for Peace

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Argument at southeast Atlanta business ends in deadly gunfire

Argument at southeast Atlanta business ends in deadly gunfire

Judge denies bond for Bojangles manager in coworker’s father’s death

Judge denies bond for Bojangles manager in coworker’s father’s death

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