The state’s first bank failure of the new year came over the weekend. Georgia’s Department of Banking and Finance closed Brunswick’s Oglethorpe Bank late Friday. Deposits and assets were acquired by Bank of the Ozarks, a Little Rock, Arkansas-based institution.
The snow has kept much of the Northern half of the state paralyzed. Businesses are now weathering this second blast of winter. For a local Atlanta grocery store that has stayed open, business is better than ever.
More than 8 months have past since the state put the 17 acres of down town Augusta property up for auction.
A massive federal report on the half-billion-dollar harbor deepening project in Savannah doesn't examine the project's long-term impact on employment. Critics doubt the project will bring more jobs. Proponents say the link between the port and jobs is obvious.
Georgia’s U.S. lawmakers want the Obama Administration to bring back plans for a nuclear waste repository in Nevada. The comments come after officials looking into the country’s nuclear future visited the Savannah River Site near Augusta.
As the price of copper surges, so does the number of copper thefts from electricity transmission stations. Power companies across the state are now offering hefty rewards for information about copper thieves. $3,000 is now the going price in Georgia for information leading to the arrest and conviction of someone stealing copper. Thieves strip the metal from high voltage transmission facilities. At a going price this week of more than $3 a pound they can make hundreds of dollars selling it to scrap metal yards.
Governor Perdue announces new IT services will bring 110 jobs to Atlanta area
Georgia officials are worried about a potential monkey wrench in the Savannah harbor deepening project. South Carolina environmental officials say, they won't certify that the project meets their state's water quality standards until after a year-long review. Scientists have been studying the issue for 11 years and Georgia officials want the harbor deepened as soon as possible.
A federal panel charged with finding new ways to store high level nuclear waste will tour the Savannah River Site near Augusta Thursday. The Blue Ribbon Commission for America’s Nuclear Future was created by the Obama administration last year after it scrapped plans for a waste repository at Yucca Mountain near Las Vegas.