Georgia Trend Daily – Dec. 10, 2019
Dec 10, 2019 WSB Radio
Trucking company files for bankruptcy, leaving thousands without jobs
Berndt Peterson reports that thousands of trucking industry workers have lost their jobs, including drivers in metro Atlanta, after a well-known company filed for bankruptcy. Celadon is an Indiana-based trucking company. Industry experts say while the company grossed $1 billion just a few years ago, it filed for bankruptcy this week.
Dec. 10, 2019 Georgia Trend
Reaching New Heights
Patty Rasmussen reports that when it comes to the aerospace industry, Georgia is in the big league. In 2017, aerospace companies located here provided direct employment for more than 108,000 citizens.
Dec. 10, 2019 Atlanta Journal-Constitution
SunTrust Park stays — at least until early next year
Michael E. Kanell reports that the SunTrust name will remain on the gates to the home field of the Atlanta Braves at least until early next year. Although the merger of SunTrust and BB&T was finalized Monday, creating Truist, the nation’s sixth-largest bank, it will take up to two years for the now-obsolete brand names to be replaced, officials of the new entity said.
Dec. 10, 2019 Atlanta Business Chronicle
North Carolina firm becoming one of Atlanta’s largest office landlords
Douglas Sams reports that Dilweg Cos. is quickly growing into one of Atlanta’s largest office landlords. Dilweg recently acquired Northridge Commons, a collection of seven, single-story office buildings in Atlanta’s Central Perimeter, for $51.5 million, according to Fulton County property records.
Dec. 10, 2019 The Center Square
Report: Georgia, Texas cities have least sustainable credit card debt
Bethany Blankley reports that cities with the least sustainable credit card debt are in southern states, primarily in Georgia and Texas, according to a new report by the personal-finance website WalletHub. Of the top 20 cities with the most unsustainable debt, five are in Texas and four are in Georgia. Georgia cities include Buford, Canton, Cumming and Dahlonega.
Dec. 10, 2019 Savannah Morning News
Savannah area economy expands during 3Q
Katie Nussbaum reports that the regional economy experienced modest growth during the third quarter of 2019 but continues to slow as it has in recent quarters, according to the latest Coastal Empire Economic Monitor. The Monitor is a publication of the Center for Business Analytics and Economic Research under the direction of Michael Toma at Georgia Southern University’s Armstrong Campus.
Dec. 10, 2019 GPB
BB&T, SunTrust Finalize Merger, But New Name ‘Truist’ Perplexes Some
Sarah Rose reports that Atlanta-based SunTrust and Winston-Salem-based BB&T completed their planned merger Friday, becoming the sixth-largest bank in the nation. SunTrust was the largest bank in Georgia. The companies previously announced the name of the newly-created company in June of this year.
Dec. 10, 2019 Albany Herald
Scott-sponsored bill would update wildlife restoration act
Staff reports that Congressman Austin Scott, R-Ga., House Co-Chairman of the Congressional Sportsmen’s Caucus, released the following statement upon the House Committee on Natural Resources favorably passing his bipartisan legislation to modernize the Pittman-Robertson Wildlife Restoration Act: “As the number of hunters in our country continues to decline, we are losing primary funders of America’s conservation efforts, Scott’s statement said.
Dec. 10, 2019 Georgia Recorder
Report: Georgia among riskiest states for health of babies and new moms
Jill Nolin reports that Georgia has made strides in some areas of maternal and infant health, but the state still struggles with low birth weights, premature deliveries and high rates of maternal and infant deaths, according to a new report from a Georgia advocacy group. The “State of the State” report from Healthy Mothers, Healthy Babies Coalition of Georgia also found that racial disparities in maternal and infant health persist.
Dec. 10, 2019 Rome News-Tribune
GOP Candidate from outside the district eyeing Graves’ congressional seat
Diane Wagner reports that a wealthy Alpharetta businesswoman is considering a run for the 14th Congressional District seat being vacated by U.S. Rep. Tom Graves, R-Ranger. Marjorie Taylor Greene is currently challenging former U.S. Rep. Karen Handel in the District 6 Republican primary. Greene, a mother of three, and her husband, Perry Greene, are the owners of Taylor Commercial, a commercial construction and renovation company. She’s also the founder of CrossFit Passion.
Dec. 10, 2019 Dalton Daily Citizen-News, CNHI
Special election to be held following state Rep. Jay Powell’s death
Riley Bunch reports that a special election will be held for House District 171 after state Rep. Jay Powell, R-Camilla, died last month. Secretary of State Brad Raffensperger announced the special election will be held on Jan. 28 for the district. If needed, a runoff will be held on Feb. 25. House District 171 includes parts of Colquitt, Decatur and Mitchell counties.
Dec. 10, 2019 Atlanta Journal-Constitution
The Jolt: Kelly Loeffler begins her marketing push
Jim Galloway, Greg Bluestein and Tia Mitchell report that the selling of Kelly Loeffler as Georgia’s next U.S. senator began in earnest over the weekend. The cryptocurrency executive has begun calling lawmakers and activists on her personal phone, seeking advice and input from a crowd not entirely familiar with her.
