Rome News-Tribune: Business

default avatar
Welcome to the site! Login or Signup below.
|
||
Logout|My Dashboard

Business

Latest News

Coffee Break previews next month's Confluence conference

Amazing developments in technology will take center stage at the DeSoto Theatre next month for the Greater Rome Chamber of Commerce Confluence conference.

  • icon Posted: January 31

More From Latest News

Recent Headlines

Tuesday 01/27/2015
Metro Atlanta areas picked for high speed Google Internet
Posted: January 27, 2015

ATLANTA (AP) — Google plans to bring its ultra-fast fiber optic Internet service to the city of Atlanta and eight communities in the metro area.

The company announced Tuesday that the nine Atlanta metro areas cities are part of a larger expansion in the Southeast, along with Nashville, Tennessee and Raleigh-Durham and Charlotte, North Carolina.

Each community provided Google with information about utilities, permitting and other expected issues for design and construction. That process is just getting started and expected to take years.

Google Fiber Marketing Director Scott Levitan says every mile of the new network needs to be planned and will take hundreds of trucks and workers.

The metro areas chosen are: Atlanta, Avondale Estates, Brookhaven, College Park, Decatur, East Point, Hapeville, Sandy Springs and Smyrna.

Rome Braves games to be broadcast on 99.5 the Jock
Posted: January 27, 2015

The Rome Braves and Rome Radio Partners announce that a multiyear radio broadcasting agreement has been reached. Fans will be able to hear all regular season games on 99.5 FM the Jock. The station’s Sports Director Kevin Karel will handle play-by-play duties for all 140 games and will be joined by Clarke Johnson as color analyst during the home broadcasts.

Old Shannon mill office offered for sale via Internet auction
Posted: January 27, 2015

The old mill office in Shannon — occupied at different times through the years by Brighton, Burlington, Klopman and Galey & Lord — is being offered for sale through an Internet auction being conducted by Dempsey Auction Co.

Rome-based Big Time Products rises to No. 37 on Forbes list
Updated: January 27, 2015 - 9:40 am

As the leading supplier of work, garden, high-performance and cleaning gloves in the world, Rome-based Big Time Products was recently named one of America’s Most Promising Companies by Forbes for the second consecutive year.

Monday 01/26/2015
Study: Savannah River has room for Ga., SC to build new port
Posted: January 26, 2015

SAVANNAH, Ga. (AP) — A study says the Savannah River has enough room for cargo ships that Georgia and South Carolina could add a new port terminal downstream from the busy Port of Savannah.

The neighboring states for years have been working slowly toward building a jointly owned, $3 billion shipping terminal in Jasper County, South Carolina, just across the river from Savannah. Before moving forward, South Carolina's delegation wanted to make sure a second port could operate without causing traffic jams on the water.

Consultants went over results of their study with port officials from both states who met Monday for the first time since May. Their findings showed a second port would only slightly increase how frequently ships using the river encounter delays and would make those delays a few minutes longer.

Georgia ports seeing growth from West Coast labor problems
Posted: January 26, 2015

SAVANNAH, Ga. (AP) — Georgia's seaports handled record-breaking cargo volumes in the first half of the 2015 fiscal year in part because of labor disputes that have bogged down trade on the West Coast.

The Georgia Ports Authority reported Monday that overall cargo tonnage in Savannah and Brunswick was up nearly 7 percent in the six-month period from July 1 through Dec. 31. Savannah, the nation's fourth-busiest container port, handled 1.75 million cargo containers, an increase of more than 13 percent compared to the same period a year ago.

Curtis Foltz, the port authority's executive director, attributed a chunk of that growth to shippers diverting imports of retail goods to the East Coast as ports on the West Coast have struggled with congestion after months of unresolved contract talks with dockworkers.

Sunday 01/25/2015
Romans' cleaning business cleaning up across 4 states
Posted: January 25, 2015

Barry and Larry Alford have taken their Rome-based ServiceMASTER by Twins to three adjacent states over the last 25 years.

Saturday 01/24/2015
United Community Bank ranked 14th on Forbes list of America’s Best Banks
Updated: January 24, 2015 - 12:57 am

United Community Banks Inc. has been recognized as one of America’s best performing banks by Forbes magazine.

Friday 01/23/2015
Stocks fall, snapping 4-day winning streak; UPS slumps
Updated: January 23, 2015 - 4:22 pm

NEW YORK (AP) — The stock market is finishing lower, snapping a four-day winning streak, as U.S. companies report mixed quarterly results.

Floyd County unemployment initial claims up drastically over the month, down since last year
Posted: January 23, 2015

First-time claims for unemployment benefits filed by Floyd County residents shot up sharply from November to December.

UPS takes a hit during the holidays, cuts outlook
Posted: January 23, 2015

NEW YORK (AP) — The huge cost of ensuring timely deliveries cost UPS during the holidays and the shipping company is now cutting its outlook for the year.

Shares plunged nearly 10 percent in premarket trading Friday.

The Atlanta company hired more workers and boosted capacity at its facilities during the busy holiday season to avoid a repeat of 2013, when shippers struggled with a deluge of orders.

UPS Inc. now expects 2014 earnings of $4.75 per share, down from its previous forecast of between $4.90 and $5 per share. Industry analysts had been looking for earnings of $4.96 per share, according to FactSet. For the fourth quarter, UPS expects earnings of $1.25 per share, well below the $1.47 per share analysts had projected.

Shares of FedEx Corp. are down more than 2 percent.

6 groups submit proposals for hospital property
Posted: January 23, 2015

Local architects and engineering firms are among the six that submitted proposals to the city of Rome to redevelop the 133-acre tract housing the defunct Northwest Georgia Regional Hospital.

Chamber names Small Business of the Year
Posted: January 23, 2015

Whittington, Jones & Rudert, a firm of certified public accountants and business advisors, was honored as the Greater Rome Chamber of Commerce Small Business of the Year Thursday night.

Heritage First Bank buys Wells Fargo building on Broad Street for $1.9 million
Updated: January 23, 2015 - 12:27 am

Heritage First Bank has purchased the Wells Fargo building at 501 Broad St. from First State Financial of Pennsylvania.

Thursday 01/22/2015
US stocks erase year's losses after Europe unveils stimulus
Updated: January 22, 2015 - 4:14 pm

NEW YORK (AP) — The stock market is closing with a big gain after Europe's central bank offered an aggressive plan to revive that region's weak economy.

GDOL will help Mohawk recruit manufacturing workers in Calhoun Jan. 30
Updated: January 22, 2015 - 3:56 pm

The Georgia Department of Labor will help Mohawk Industries recruit 90 workers for the company’s manufacturing facilities in Gordon County.

Demolition of antique mall on North Broad underway
Updated: January 22, 2015 - 9:42 pm

Demolition of the Smart Shop Antique Mall and Flea Market in North Rome is underway from the back side of the building, working toward North Broad Street.

UPDATE: GuardTop buys Rockmart manufacturing facility
Updated: January 22, 2015 - 11:04 am

An California-based company is looking to expand their Southeasten sales following the purchase of a Rockmart asphault manufacturing facility.

Report: Otis Raybon to return to Rome News-Tribune
Updated: January 29, 2015 - 1:09 am

Former Rome News-Tribune publisher Otis Raybon is expected to return to a position at the newspaper, according to a report by The Daily Leader of Brookhaven, Mississippi.

Tuesday 01/20/2015
US stock market ends slightly higher, oil down
Updated: January 20, 2015 - 4:41 pm

NEW YORK (AP) — The U.S. stock market is ending higher, helped by gains in technology companies and airlines.