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Paulding County has approved a deal for a California company to lease and eventually buy the county's film studio in Hiram, Georgia.

The county built the Atlanta Film Studio in 2011, but it has had trouble making it very profitable.

Some major productions filmed at the studio were the Jackie Robinson biographical film “42” and AMC's TV series “Halt and Catch Fire.” But much of the time, the studios have sat empty.

So last year, the county put it up for sale.

With all of the development going on in Atlanta, you might think there is not any land left on which to build a new neighborhood. But according to this week’s Atlanta Business Chronicle, real estate firm Cannon Equities plans to build a $200 million community on 44 acres along Marietta Boulevard.

The Atlanta-based company sold almost 20 acres to Pulte Homes. It plans to develop 200 townhomes, many with rooftop terraces to take advantage of views of both the downtown and Buckhead skylines.

Ebony and Jet magazines, which have chronicled African-American life for the past 71 years, have been sold to an Austin, Texas-based private equity firm.

Johnson Publishing Co. announced Tuesday that Ebony and digital-only Jet were sold to Clear View Group but didn't disclose the sale price.

The Chicago Tribune reports Johnson Publishing will retain its Fashion Fair Cosmetics business and its Ebony photo archive, which is for sale.

Ebony magazine was founded by John Johnson in 1945. It's been hit by declining circulation and revenues in recent years.

In this Feb. 27, 2013, file photo, hands type on a computer keyboard in Los Angeles.
Damian Dovarganes, File / Associated Press

There's a common complaint in Atlanta among tech startups about access to capital. It's why some startups leave.

But one venture capital firm focused on data security ─ Centerview Capital Technology ─ is coming to Atlanta to help with funding and opening its first office outside of Silicon Valley in Atlanta.

It’s welcome news for the region's growing cybersecurity industry.

Marcus Nilsson / Courtesy of Marley Spoon, Inc. via AP

Cooking like Martha Stewart is about to get easier.

The home goods mogul and cookbook author is getting into the fast-growing meal kit business. Subscribers will get a box shipped to their door with Stewart's recipes and all the ingredients needed to cook up the dishes at home, including pre-measured raw meat, fish, vegetables and spices.

"It is, I think, the way to cook for the future," Stewart said.

With his tuxedo loosened and her dress slightly askew, the couple unwinding with cocktails in a new U.S. ad for Bacardi's Havana Club evokes the openness and decadence of pre-revolution Cuba that many exiles have longed for.

By contrast, an online gallery of portraits of employees at the distillery in Cuba of a rival brand of Havana Club jointly run by Pernod Ricard and the Cuban government shows Cubans proud to show the craft and heritage their country offers now, without looking back.

Atlanta Developer Looks To Lure Trump Hotel For New Tower

Jun 10, 2016
Jae C. Hong / Associated Press

One of the nation’s top hotel brands is being wooed by developers of a proposed skyline-changing tower on Midtown’s 14th Street.

New York City-based Trump Hotels is among the targets of Olympia Heights Management, the developer behind a proposed 70-story skyscraper on Midtown’s former Symphony Center site, potentially one of the tallest buildings in the city. Architectural firm Perkins + Will is designing the project and intends to make a presentation to Midtown planners next month.

Ross D. Franklin, File / AP Photo

For the first time ever, online shoppers say they buy more items via the internet than in a traditional store.

United Parcel Service (UPS) and analytics firm comScore, Inc. polled more than 5,000 online shoppers who make at least two web-based buys (excluding groceries) in a three-month period. The shoppers polled said they make 51 percent of their purchases online now. That’s up from 48 percent in 2015 and 47 percent in 2014.

CEOs at the biggest companies got a 4.5 percent pay raise last year. That's almost double the typical American worker's, and a lot more than investors earned from owning their stocks — a big fat zero.

The typical chief executive in the Standard & Poor's 500 index made $10.8 million, including bonuses, stock awards and other compensation, according to a study by executive data firm Equilar for The Associated Press. That's up from the median of $10.3 million the same group of CEOs made a year earlier.

Jeff Chiu / Associated Press

Pickups from ride-hailing companies like Uber are not yet legal at Atlanta's Hartsfield-Jackson International Airport. But some Atlanta officials have been looking out of state to help come up with an agreement.

Officials said that a group of city and airport leaders went to Newark, New Jersey to look at the city’s agreement with ride-hailing companies. The city of Newark recently reached an agreement with companies, which included requiring Uber to pay $10 million over a decade to the city to run at the Newark Liberty International Airport. 

Turkish Airlines began direct flights from Atlanta to Istanbul on Monday. Hartsfield-Jackson Atlanta International Airport says it expects more foreign direct investment with Turkey as a result.
Courtesy of Turkish Airlines

On Monday, a new airline began operating from Hartsfield-Jackson Atlanta International Airport. Turkish Airlines began a new route with nonstop flights from Atlanta to Istanbul. 

Aviation analysts say Turkish Airlines routinely has some of the best fares in the industry because of low labor costs and that this addition could help lower international fares out of Hartsfield-Jackson across the board.

Newell Brands Inc. is moving its global headquarters from Atlanta to New Jersey.

Newell officials on Friday announced the move to Hoboken, New Jersey.

The company adopted the name Newell Brands after Newell Rubbermaid completed its purchase of Jarden Corp. in April. The purchase combined brands including Paper Mate, Sharpie, Elmer's, Rubbermaid, Lenox, Yankee Candle and Graco.

The company's statement says New Jersey's Economic Development Authority offered $27 million in tax incentives to "help offset the costs associated with the new facility."

A bond rating agency is downgrading Southern Co.'s debt, citing money the electrical utility will borrow to finance its purchase of natural gas utility AGL Resources.

Fitch Ratings cut the debt rating Thursday to A- from A, after putting the utility on watch when it announced the $8 billion purchase last year.

Southern Co. owns Georgia Power Co., Alabama Power Co., Gulf Power Co. and Mississippi Power Co.

Ric Feld / Associated Press

Alaska Airlines and JetBlue Airways still rank highest in the annual J.D. Power survey of passengers on the nine largest North American airlines, and the firm says overall traveler satisfaction with the industry is at a 10-year high.

J.D. Power said Wednesday that Alaska Airlines ranked highest among traditional airlines for the ninth straight year and JetBlue was the top-rated low-cost carrier for the 11th year in a row.

Jeff Chiu / associated press file

Wal-Mart is suing Visa Inc., charging the payment network is not allowing the retail giant to let customers verify chip-enabled debit card transactions with what it believes is a more secure method: personal identification numbers.

In a suit filed in New York State courts Tuesday, the Bentonville, Arkansas-based discounter says Visa is forcing the retailer to allow customers to use a signature when they use the chip-based debit cards.

scottpartee / www.flickr.com/partee (cropped)

A new poll says more than 40 percent of America's baby boomers stayed with their employer for more than 20 years. But it's unlikely that their children or grandchildren will experience the same job tenure.

The survey of more than 1,000 Americans 50 and older by the Associated Press-NORC Center for Public Affairs Research shows that 41 percent of those employed workers have spent two decades with the same company, including 18 percent who've stayed at least 30 years.

Jeff Chiu / associated press file

A Facebook official says the company has found no evidence to back up allegations that Facebook contractors suppressed stories of interest to conservatives in its "Trending" section.

Facebook vice president of search Tom Stocky writes in a post, "There are rigorous guidelines in place for the review team to ensure consistency and neutrality," adding that the guidelines don't permit political perspectives to be suppressed or one viewpoint or outlet to be prioritized over another.

Tennessee-based Dollar General Corp. plans a 1 million-square-foot distribution center southeast of Atlanta that will employ 500 people when the plant is fully operational, Georgia Gov. Nathan Deal announced Monday.

The new facility is expected to serve more than 1,000 stores across the southeastern U.S. The company, based in Goodlettsville, Tennessee, operates more than 650 stores, Deal said.

The distribution center is scheduled to operate at full capacity by the fall of 2017, the governor said.

Elly Yu / WABE

Gov. Nathan Deal signed a $23.7 billion budget this week, which includes money for covering the tuition costs for students working towards jobs in high-demand fields. This year, the state added the field of “industrial maintenance” to that list.

Industrial maintenance jobs have been in high demand as advanced manufacturing has grown in the state in the last several years, said Ben Hames, deputy commissioner of the workforce division at the Georgia Department of Economic Development. Currently, he said there are around 300 open jobs in this field alone.

Courtesy of Colour co-founder, Debra Shigley

Over the last few years more women of color have started wearing their hair in its natural state.

And it's had an impact on the hair care industry – including on the sale of relaxers, which consumer researching group Mintel says have dropped nearly 20 percent since 2013.

The hair care industry for women of color is big business but, in recent years, more women have gone "natural" – a phrase that describes women wearing their hair in it's natural state without using a chemical process to change the texture.

Mark Lennihan / associated press file

A federal lawsuit claims Starbucks regularly overfills its cold drinks with ice instead of using the advertised amount of coffee or other liquid in its plastic cups.

The lawsuit was filed last week in Chicago on behalf of Stacy Pincus, a local woman who accuses Starbucks of misleading consumers. The lawsuit alleges that an iced beverage advertised at 24 ounces contains about 14 ounces of fluid, and that ice isn't a fluid or beverage.

Mayor Kasim Reed and outgoing Delta CEO Richard Anderson signed a contract Wednesday, April 27, keeping Delta Air Lines in Atlanta for at least 20 years and keeping the city from operating or funding any airport other than Hartsfied-Jackson.
Alison Guillory / WABE

While the city of Atlanta just struck a new 20-year deal with Delta Air Lines over Hartsfield-Jackson Atlanta International Airport, Paulding County is moving ahead with its plans to establish commercial air service north of the city.

Michael Pugh / The Coca-Cola Co.

The Coca-Cola Co. will turn 130 years old on May 8, and there’s no company that brands Atlanta more than the beverage giant. As goes Coke, so goes Atlanta – and vice versa.

So holding this year’s annual meeting at the World of Coca-Cola for the first time was symbolic. The company was bringing its shareowners into the home they built. Not only was the meeting held there, the company opened the doors of the attraction for a special Shareowners Day at the World of Coca-Cola.

Comcast said it will bump up data limits from 300 GB to 1 TB for customers in the nine states it serves in the Southeast.
Gene J. Puskar / Associated Press

Starting in June, Comcast internet customers in metro Atlanta will no longer have to deal with 300 GB data caps.

This move affects heavy users in its Southeastern market, which includes nine states from Virginia to Florida.

The Philadelphia-based company said it plans to increase its data caps from 300 gigabytes to 1 terabyte. The company said most customers only use about 60 gigabytes of data per month, but that’s changing.

Atlanta Mayor Kasim Reed said outgoing Delta CEO Richard Anderson served as a personal mentor he called on during his early years as a fresh mayor.
Alison Guillory / WABE

Atlanta Mayor Kasim Reed and Delta Air Lines CEO Richard Anderson were wiping away tears as they signed a 20-year lease extension. 

Delta, which has called Atlanta home since 1941, committed to sticking around for at least another 20 years on Wednesday. 

Anderson was hired as Delta's CEO in 2007 and plans to retire on May 2. 

Reed said Anderson has served as his personal mentor from his early days as mayor and said he feels like the training wheels are now off. 

The founder of Atlanta-based PulteGroup Inc., Bill Pulte, continues to call for the immediate resignation of CEO Richard Dugas.
Courtesy of PulteGroup Inc.

The public internal feud within the PulteGroup Inc. doesn't appear to be hurting the bottom line so far.

The Atlanta-based homebuilding company reported strong first-quarter earnings Thursday morning with more than $83 million in net income and stronger revenues from home sales compared to 2015.  

Bob Edme / Associated Press

Georgia Power is in the middle of three days of testimony before the state’s Public Service Commission to defend how it plans to get electricity in the future and how much electricity it thinks the state will need over the next 20 years. 

Georgia Power is required to file an Integrated Resource Plan every three years, which must be approved by the commission in a months-long review process.

Steve Helber / Associated Press

Hotels are getting more aggressive in their fight to get travelers to book reservations directly with them instead of through online travel agencies such as Expedia and Priceline.

Hyatt Hotels Corp. on Monday became the latest chain to offer guests a discount for booking a room directly on its own website. Members of its Gold Passport loyalty program can save up to 10 percent at hotels in the U.S., Canada and Australia.

The move follows similar campaigns by Hilton Worldwide, Marriott International and Starwood Hotels & Resorts Worldwide.

Dan Raby / WABE

Delta Air Lines Inc. (DAL) on Thursday reported first-quarter profit of $946 million.

On a per-share basis, the Atlanta-based company said it had net income of $1.21. Earnings, adjusted for non-recurring costs, were $1.32 per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.29 per share.

The airline posted revenue of $9.25 billion in the period.

A car drives past an Allstate Insurance Co. office Wednesday, April 27, 2011, in Lyndhurst, Ohio.
Tony Dejak / Associated Press

Georgia Insurance Commissioner Ralph Hudgens has issued a rare consumer alert over a rate hike proposed by auto insurance company Allstate.

Allstate has filed to raise automobile rates statewide by 25 percent, with the rate hike going into effect May 22.  

Hudgens said that 25 percent bump is only the average rate change, and that some policyholders could see increases as high as 58.3 percent.

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