Georgia Republican Senator Johnny Isakson is co-sponsoring a bill aimed at mortgage underwriting. The measure would give federal loan agencies access to information that predicts a homeowner’s energy bills.
Officials at Fort Benning say a plan to expand training land at the post by 82,800 acres has been put on hold. Post officials issued a statement Thursday saying issues have arisen that make it necessary to delay a decision. The considerations include a shrinking federal budget and community concerns.
Georgia will open a second trade office in China. Governor Nathan Deal made the announcement from Beijing on Wednesday. Deal and his economic development team are in the midst of a six-day, five-city trip to boost Georgia’s economic development with China and South Korea. the office will be located in the country’s Shandong province, on China’s east coast.
State labor officials say Georgia's unemployment rate has risen to 10.3 percent, the highest level since January. The Georgia Department of Labor said the seasonally adjusted jobless rate for September was up one-tenth of a percentage point from 10.2 percent the previous month.
One of northwest Georgia's largest carpet companies has announced that it will close a manufacturing facility in Dalton, known for decades as the nation's carpet capital. The Daily Citizen reports that the closing of Shaw's plant on Riverbend Drive will be in the next 60 days, resulting in 270 layoffs.
The Georgia Sports Hall of Fame Authority has approved a license agreement with a Macon group to operate the museum for the next year, with options for two more years. The Telegraph reports authority members are scheduled to will meet on Tuesday with the State Properties Commission to complete a lease agreement with the Development Authority of Bibb County.
University System of Georgia Chancellor Henry "Hank" Huckaby says he's "cautiously optimistic" that the state's 35 public colleges and universities will get full funding next fiscal year. That could mean lower tuition increases for students and an infusion of about $100 million for cash-strapped campuses that have been cut by more than $1 billion since the economy tanked.
Camden County is considering using state prisoners as firefighters. The plan would put two state inmates into up to five county fire stations, doubling the number of firefighters per station. County officials say it could save hundreds of thousands of budget dollars with unpaid inmates filling otherwise paid shifts.
Federal regulators are suing 11 insiders at a failed Georgia bank, accusing them of gross negligence. The Federal Deposit Insurance Corp. accuses the executives and directors of Alpha Bank & Trust, in Alpharetta, of sloppy lending practices. The Atlanta Journal-Constitution reports the lawsuit seeks $23.9 million in damages.