A coalition is speaking out against Georgia Power’s 1.2 billion dollar rate hike request. Groups who might normally be at odds have found themselves on the same side of the fence.
Georgia Power is asking to increase electricity rates across the board.
A federal bankruptcy judge has approved the sale of the Sea Island Company.
The sale satisfies most creditors, but leaves them pennies on the dollar.
Sea Island owes several large banks about $500 million.
They'll get about $180 million in the bankruptcy sale.
A Georgia-based home builder reports a loss of $60 million for its last quarter. Beazer Homes says a fall in new orders and home closings contributed to the loss.
Home sales are near their lowest levels in decades since the federal homebuyer tax credit expired in the spring.