‘We’ve been living in a tinderbox’: Local leaders react to weekend of Atlanta protests

Local business and legislative leaders are expressing a variety of reactions to the weekend of protests that rocked Atlanta over the weekend.

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College Football Hall of Fame moves forward after damage from protest

The downtown attraction was one of many businesses damaged during the protests.

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Q&A with Steve Salbu, professor of law and ethics at Georgia Tech's Scheller College of Business

Steve Salbu says he has seen his university’s and other MBA programs evolve over the last decade to include more discussion of corporate responsibility, including today during the coronavirus pandemic.

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Atlanta Business Chronicle parent company joins lawsuit seeking PPP data

American City Business Journals has joined a lawsuit that seeks detailed information about the $659 billion Paycheck Protection Program.

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Was it worth it? Small businesses that took PPP loans sound off

Many small business owners have pingponged between worried or confused about the PPP program.

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'Dramatic decrease': Railcar service company lays off more than 130 employees

The Cartersville facility modifies and maintains equipment for shipping cars by rail.

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Pinnacle Financial opens first office in Atlanta, announces new hires

The Nashville-based bank announced plans to expand into the Atlanta market in December 2019.

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Atlanta 'creative city' secures $1.75M in loans, sets site-work date

The owners of the historic Pratt-Pullman Yard have secured federal funding to start environmental rehab of the 27-acre property that they're transforming into an entertainment district.

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West Midtown neighborhoods back 340-unit apartment development near Atlanta BeltLine

The Novel West Midtown project would join other new developments already underway in the Blandtown West Midtown area including the West Town townhome development, Apex West Midtown apartments, the Chelsea townhomes and the Avana Westside apartments.

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Here's why PPP borrowers don't have to worry about all the eligibility and forgiveness rules

As the U.S. Small Business Administration and the U.S. Treasury keep adding caveats to the forgiveness rules relating to Paycheck Protection Program loans, businesses must understand not all the rules are meant for them.

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Tech-savvy, value-seeking millennials seek their MBAs

As the biggest age group enrolling in MBA programs, millennials are demanding — and increasingly getting — an educational experience that is technologically enabled, culturally diverse and open to new ideas.

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Executive Profile: Harvey Wadsworth leads the new Portman Residential

When Portman Holdings launched its high-rise residential division, the company picked a young star within Atlanta development circles to lead it.

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'It's Complicated' podcast: Edible Brands makes it cheaper to become a franchise owner

In this week's podcast, we talk strategies to network during quarantine, designing for distance and growth strategies for an Atlanta-based franchise company.

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Georgia's 25 Largest Property and Casualty Insurance Companies

Rank Company Direct premiums written in Georgia in 2019 Market share Direct premiums earned in Georgia in 2019 Direct losses incurred in Georgia in 2019 State of domicile 1 State Farm Mutual Automobile Insurance Co., 11350 Johns Creek Pkwy., Duluth, GA 30098, 770-418-5000, statefarm.com 2005486503 9.24 1979762498 1342626620 Illinois 2 State Farm Fire and Casualty Co., 11350 Johns Creek Pkwy., Duluth, GA 30098, 770-418-5000, statefarm.com 1267607983 5.84 1204082801 679553755 Illinois 3 Progressive...

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Mental Health: Building Resilience in the Workplace

Industry experts discuss the growing negative impact of stress and explore the importance of resilience training and healthy workforce strategies.

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American Dreams Disrupted: Small-business owners fighting to survive

A global pandemic. An economic crisis. The resilience of millions.

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Portman Holdings has dramatic redevelopment plan for North Avenue station

MARTA has sought a developer for the North Avenue Station over the past several months. It may have found one.

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Atlanta software startup raises $10M

The new investment brings the company’s total funding to $67 million.

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Georgia Gov. Kemp relaxes more coronavirus restrictions, lets bars and nightclubs reopen

Bars and nightclubs can reopen as soon as June 1 following an executive order signed by Georgia Gov. Brian Kemp

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Atlanta developer proposes mixed-use redevelopment of blighted East Cobb center (Images)

Atlantic Residential is behind such projects as Lumen Grant Park and Azure on the Park in Atlanta.

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Atlanta United moves one step closer to returning to play

The league-wide moratorium on full team training remains in place through June 1 but players can now begin training in small groups.

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IT manager gets prison for sabotaging computer network of Atlanta's BlueLinx

In a court filing, the feds say two employees decided to sabotage BlueLinx's computers after its March 2018 acquisition of wholesale products distributor Cedar Creek Holdings for $413 million.

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Home Depot appoints corporate controller to new C-suite role

The change formalizes the function of the company's principal accounting officer.

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Chinese flooring manufacturer to locate plant in Northwest Georgia, create 315 jobs

A Chinese flooring manufacturer is set to open a plant in Murray County and create 315 jobs at a time when unemployment rates are at an all-time high in the northwest region of Georgia.

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A math error may explain why many PPP loans will fall short of forgiveness. But there are fixes.

Congress and the SBA have offered different definitions of a "month."

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The number of full-time employees will affect your PPP loan forgiveness. Here are 4 things to know.

New guidance from the SBA clarifies some aspects of turning your PPP loan into a grant.

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Denver-based hotel management company lays off employees at Midtown hotel

Operations at the hotel remained suspended this week, a spokeswoman said. The company said the Covid-19 pandemic had "crippled" its business.

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For-sale townhome development wins favor in Lenox Park in Brookhaven

Atlanta-based Minerva USA LLC has gotten the go-ahead from Brookhaven city officials to build a 62 for-sale townhome development in Lenox Park, adjacent to the AT&T corporate office campus on the Buckhead border.

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Atlanta's cashless future is here. Now what?

“We need our small businesses to have a strong economy, but on the other side of the continuum is that we don’t want to create a burden for those who may be unbanked or have difficulties navigating in the cashless space."

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'No one does anything great alone': The Village Market ATL pivots with purpose

Lakeysha Hallmon finds herself trying to balance The Village Market’s mission to do a social good by supporting black-owned businesses with education resources and funding, while simultaneously generating revenue that keeps her small business sustainable.

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'No one has the answers': Radix Health puts goals on hold

Arun Mohan was ready for serious growth at Radix Health in 2020. The pandemic put those goals on hold, but also provided an opportunity for the company to help health-care providers across the country.

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'Embrace the weird': Atlanta Tech Village paves way to a sense of home — again

How is Atlanta Tech Village moving forward in the age of Covid-19? With a mixture of caution, ambition and confidence.

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'People are counting on me': Pollock Commercial navigates challenging Atlanta real estate scene

Jeff Pollock is leading his firm through a challenging time in real estate, a business with a long history in Atlanta where trust is developed face-to-face. But, in the Covid-19 world, you can't even shake hands.

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'Community isn't canceled': The Gathering Spot provides stage to voice concerns, hopes

The Gathering Spot is located near the convergence of Atlanta’s historic black colleges and Georgia Tech, the intersection of innovation, entrepreneurship and community.

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'A bridge to our history': Atlanta Eagle searches for path forward

Richard Ramey, owner of the Atlanta Eagle, struggles to find a path forward for the bar and nightclub that is deeply rooted to the city's LGBT past.

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Living off goodwill: Sid and Ann Mashburn rely on relationships to survive

The Mashburns are known for their style. Their clothes are preppy and chic. But, when the pandemic hit, their tailor shop converted to making masks to save lives.

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Atlanta software startup raises $1.6M

The funding will primarily go towards hiring additional engineers, a sales team and continue to develop a brand presence.

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Automotive Minute: 2021 BMW 5 Series Sedan delivery exactly what’s expected in its debut (Photos)

BMW debuted its seventh-generation 5 Series Sedan, which will come in seven variants when it arrives on dealer lots later this year.

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Restaurants and retail owners struggled with PPP loans. But a fix may be on the way.

Congress may look to overhaul key aspects of the program in response to restaurant and hospitality industry complaints.

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Atlanta-area battery manufacturer files for Chapter 11 bankruptcy protection

In Chapter 11, a business remains open while it tries to restructure its debts. The Milton, Ga.-based company said its liquidity deteriorated further from the impact of the Covid-19 pandemic.

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Baird Capital leads Atlanta cancer treatment analytics startup's $28M funding round

An Atlanta-based data-driven utilization management company with a focus on oncology has raised $28 million in a Series C round led by Baird Capital.

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How Atlanta innovators are fueling efforts to return to the office

“There is no silver bullet. There’s not one technology that’s going to give people full confidence to return to these work environments.”

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Exclusive: Paces Ferry mansion once owned by Tyler Perry sells for a record price — again (Photos)

The 35,000-square-foot home sits on 17 acres with frontage along the Chattahoochee River and direct river access.

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Mercedes-Benz Stadium looks to change the way you order food, beer

One year after installing a stadium-wide cashless system, AMB Group executives have turned their attention to the next potential food and beverage option.

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Exhibit & event company's Atlanta division laying off 300 employees

The company said it's been affected by the cancellation of projects for conferences, conventions and other events due to efforts to curb the spread of Covid-19.

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Mytex Polymers US Corps to invest $7M to expand Newton County plant

The expansion is expected to create 15 new jobs.

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Cousins files plans for multimillion-dollar Buckhead Plaza renovations

A couple of Buckhead dining staples will see exterior updates as part of the project.

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SBA officially weighs in on using PPP for bonuses. Here's what it says.

The agency's latest guidance ends months of speculation on the hot topic.

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Circa of America, maker of fine leather accessories, files for bankruptcy

Founded in 1967, the company moved its headquarters to Atlanta in 2019.

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Great Wolf resorts joins growing number of hotels under cash pressure from pandemic

A $1.7 billion loan backed by 17 Great Wolf Resorts Inc. hotels and water parks was flagged for concerns after the borrower said the pandemic could create cash flow challenges.

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Automotive Minute: New 2020 Ford ST-Line bridges gap between Edge, Edge ST

Since its 2018 introduction, sales have outperformed the previous Edge Sport model, with nearly double the number sold.

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Census: Large cities in the South continue to grow faster than cities in any other region

Since 2010, the population of the city of Atlanta grew by 18.7% to about 506,800, the Census Bureau reported May 21.

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Marriott hotel in Atlanta announces employee furloughs due to Covid-19

The hotel operating company said it could not guarantee the furloughs would not be permanent.

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Regulators OK 1st new community bank inside Atlanta Perimeter in 12 years

Craft Bank will be located at the Atlanta Technology Center on Northside Drive.

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#WFH Chronicles: Happy is as happy does

For those of us naturally inclined to look for what's wrong, maybe it's time to flip our thinking around,

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Atlanta's Greenlight Financial sues CFO candidate who took job with competitor

The candidate later accepted a position as CFO of Step Mobile, an early-stage Silicon Valley financial technology company that is a direct competitor of Greenlight.

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Here are 25 of Georgia's highest-paid female executives of 2019

They are in top leadership roles at companies including Cumulus Media Inc., Veritiv Corp., Genuine Parts Co. and Equifax Inc.

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Developer pays almost $16M for the site of its latest Atlanta apartment tower

Mill Creek Residential has already developed apartment towers in the Buckhead Village and Midtown.

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Real Estate Notebook: Companies are leasing space at two Atlanta suburban office projects

Leasing deals have picked up at two suburban Atlanta office projects.

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Fulton authorities set to give Lidl tax break to build new Roswell store

The new store would replace an aging and largely vacant strip mall and add up to 50 full-time jobs, according to Fulton officials.

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Atlanta advisors weigh in: Financial planning during and after a pandemic

Atlanta Business Chronicle asked leading financial advisors from metro Atlanta to weigh in on some of the issues their high-net-worth clients are concerned about, and offered advice for readers in various stages of the retirement and estate planning process.

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At Waffle House HQ, Pence says business owners may receive PPP loan extensions

Pence spoke at a roundtable discussion hosted by Waffle House CEO Walt Ehmer Friday.

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'Precipitous drop': Bus line lays off 78 employees in Atlanta

The employees worked at a bus terminal and at a maintenance facility in Atlanta.

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National retail REIT proposes adding 41 townhomes to Cobb County shopping center

The proposal also calls for adding additional retail to replace more than 67,000 square feet of vacancy.

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'Scrutinized for years:' PPP loan investigations could last a long time

PPP loan recipients need to keep diligent records, because you never know who will ask for what and when.

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City's top accounting firms rely on client relationships, innovation

While many other industries have contracted and shed workers over the years, Atlanta’s top accounting firms have grown, adding workers and branching into other areas such as tax and advisory services.

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Fulton development authority approves $500K grant to build new waffle plant

At full capacity, the plant could produce 580 million waffles a year.

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Executive Profile: Atlanta natives see entrepreneurship opportunity in 'new normal'

It may not seem like the best time to start a business, but two Atlanta natives saw an opportunity in the Covid-19 crisis.

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Real Estate Notebook: This firm went back to the office. Here's how they did it.

Rundown of the top stories and deals in Atlanta's real estate and development sectors.

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Travel infrastructure likely to see long-lasting effects from pandemic

Here's what it's been through already, and what we might expect in the months to come.

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Sports Biz: Atlanta golf retailer eyes JC Penney stores, Former Mercedes Benz CEO leads AMB Group response

Eric Jackson picks the top sports business stories of the week.

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Atlanta Inno: Micro venture fund moves to Atlanta; Startup raises $37.4M

A new micro venture capital fund will focus on investment opportunities in the Southeast. Meanwhile, an Atlanta and U.K.-based fraud protection and risk management startup has raised a $37.4 million.

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SoftBank-owned investment group acquires Krystal Restaurants

The deal took effect Monday, May 18.

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Restaurants & Hospitality: Ford Fry reopens two restaurants for dine-in

Rundown of the area's top restaurant and hospitality stories.

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Civic Atlanta: Meet Woodruff's new trustees

The top stories from Atlanta's world of philanthropy.

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Atlanta mayor announces city's reopening plan in wake of coronavirus pandemic

Atlanta is currently in Phase 1 and could move to Phase 2 next week.

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'It's Complicated: Doing Business During Coronavirus' podcast

This week's podcast includes the SBA's new efforts to fund minority-owned businesses, tech tools to make post-pandemic offices safe and virtual events.

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Viewpoint: Not all hope for Georgia's economy is lost

Looking at the broad economic picture, Georgia is better positioned for a recovery, relative to other states, than we were in the real estate and banking crash of the Great Recession, writes Atlanta public affairs pro Brad Alexander.

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Atlanta's Largest Life Insurance Agencies

Rank Business name 2019 total production credits for Georgia MDRT qualifiers Number of producers Total staff Primary life company represented Chief Atlanta officer 1 Northwestern Mutual, 3438 Peachtree Rd., Phipps Tower, #1200, Atlanta, GA 30326, 404-846-3000, buckhead.nm.com 3452279300 60 127 337 Northwestern Mutual John Wright II 2 Peachtree Planning, 5040 Roswell Rd., Atlanta, GA 30342, 404-260-1600, peachtreeplanning.com 1454712853 32 90 133 Guardian Life Insurance Co., Park Avenue Securities Darrell...

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Coronavirus casts shadows on Atlanta's nightlife, events businesses

Gov. Brian Kemp recently eased coronavirus restrictions on many businesses, but extended the shutdown of the nightlife industry through at least June 1.

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Outdoor seating, tiny restaurants ... living sneeze guards? What Covid-19 means for the future of Atlanta dining.

In good times, the restaurant industry is perilous with tight profit margins. The economic fallout caused by the pandemic will force chefs and restaurateurs to tap into their naturally creative sides.

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Macy's cancels plan for 630-job tech unit at Atlantic Station, as company faces 'challenging time'

In Atlanta, Macy's signed a lease for almost 108,000 square feet at a new 7-story building in Atlantic Station called T3 West Midtown,

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#WFH Chronicles: Here's what I won't miss

There's plenty to love about working from home — and a few things I'll be glad to leave behind.

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10 places people most want to visit in the US once travel can resume

from Atlanta Convention and Visitors Bureau https://www.businessinsider.com/popular-us-travel-destinations-booking
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Movie Biz: Remembering Fred Willard, who was too original, too spontaneous for shtick

An appreciation of Fred Willard, the comic genius who passed away at the age of 86.

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Emory Healthcare to furlough 1,500 employees as it faces $660M shortfall due to pandemic

Emory Healthcare announced May 21 it would be furloughing up to 1,500 employees as it faces a $660 million revenue shortfall due to the Covid-19 pandemic.

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Magic Johnson-affiliated contractor for Atlanta's Delta Sky Club laid off nearly 250 employees

The company said Delta Air Lines expects to return to modified operations at a future, unspecified date.

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You have the PPP money; this is how you save the country from economic meltdown

In about 12 short years, the U.S has embarked on two historic business bailout programs to avoid an economic meltdown. One was a success. What can we expect from the other?

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Halcyon adds locally owned wine shop in Forsyth Co.

The shop is targeting an opening sometime this year.

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Here’s why we could see a surge of minority-owned businesses get PPP

“We could lose an entire generation of entrepreneurs if we do not get this right.”

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Atlanta-based 'philanthropic vacation club' G2G Collection files for bankruptcy

The G2G Collection LLC, which allowed members to travel to "breathtaking destinations" worldwide while donating to their favorite charities

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Havertys raises $70M by selling three warehouses

The purchaser will lease the properties in Texas, Florida and Virginia back to the furniture company.

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How college football can help reboot Atlanta's hospitality industry

Atlanta's travel and tourism sector could receive a jolt this fall, even if season goes on with limited fans.

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Ponce City Market restaurants to begin reopening for dine-in

Some — but not all — will reopen Friday, May 22.

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Teleoperated fleet of e-scooters launches at Curiosity Lab

An innovation center created by the City of Peachtree Corners launched one of the world’s first fleet of teleoperated e-scooters ready for public use.

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Hastings Nursery site on Peachtree Road in Brookhaven expected to sell for $15M

A developer plans to build a 6-story mixed-use project named Porter Square on the site with ground-floor retail and nearly 300 apartments.

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Steps to Prevent Mold After a Basement Flood

Basements often are the first to get flooded after rain storm or a broken pipe. Here are steps to prevent mold after a basement flood. Pump Alarm published some step to prevent mold. Here is the source of the article: https://www.pumpalarm.com/7-steps-to-prevent-mold-after-a-basement-flood

Mold Removal Actions and Precautions

According to the CDC, “In 2004 the Institute of Medicine (IOM) found there was sufficient evidence to link indoor exposure to mold with upper respiratory tract symptoms, cough, and wheeze in otherwise healthy people.”

Spring showers and summer humidity place a huge toll on your basement especially its moisture levels.  One of the most damaging parts of moisture is the mold that thrives in the wet conditions.

Mold is an extremely potent allergen because the spores it releases affect the upper respiratory system.  Symptoms include headaches, nasal congestion, throat irritation itchy eyes, and skin irritations.  Luckily, there are tried and true methods of preventing this annoying fungus and removing its spores from the air.

The number one rule in preventing mold is the 48-hour rule– if furnishings or walls get wet from a storm or burst pipe, you need to dry it out within 48 hours to prevent mold from attacking.

Ideally you will want to prevent water from reaching your walls or furnishings, especially in a basement during rainy season. Want to know the best tips for a dry basement? Follow these 7 tips for a Dry Basement. You’ll definitely want to have a sump pump alarm that sends a text message, like the Pit Boss. This will act as a final warning should your sump pump stop working.  A good alarm will allow you to place a sensor inside your sump pit and warn you before your sump pit overflows.  This will give you ample time to respond to the warning.

If you already have water in your basement you’ll want to follow these 7 tips to dry your walls and furnishings:

1. Turn off the electricity.  Water, electricity, and human skin do not play nice together, please steer clear and turn off the electricity to your home before proceeding into the basement.  Since it will be dark down there, you’ll want to have a high powered battery operated flashlight.  New LED versions give you ample lumens and are priced affordably.
2. Pump the water out of your basement.  Using a gas-powered water pump, pump the high water out of your basement.  The water pump will probably leave a little standing water on your floor, but will allow you to get back into your basement.  You can then try to fix your sump pump and have it pump the remainder of the water out or you can use a wet/dry vac to pump the water out.  Remember to remove your vac’s filter if it has one as it’s not made to get wet and will be ruined by the water.
3. Remove all your wet items.  This is painful, but necessary.  Move everything out of your basement to a dry location.  Your garage or even your driveway to dry out will work out best.  You’ll want to clear up ample space for the next few steps.  Recruit help from friends and family for this step as you’ll be moving furniture and/or loads of boxes; either way you’ll probably have a lot to carry and help will get the job done quicker (you only have 48 hours).
4. Clean the walls and floor.  Use warm soapy water and clean the walls and floors, be sure to give them a good scrub down to remove any dirt and grime.   If you have soaking wet carpet, you’ll want to pull it up and let it dry separate by moving it in the garage or outside.  You’ll also need to pull up the padding as well, since acts like a huge sponge and holds a lot of water.  Create  a tent with the carpets and pads to help air travel over both sides.
5. Get the air moving and remove excess moisture.  Once all the water is removed from the basement you’ll need to get some airflow moving to remove the excess moisture.  Industrial blowers work the quickest, but if you are tight on money, then you can use fans, but they need to be powerful and close to the floor.  You’ll also want to get a dehumidifier working to wick the excess moisture from the air.  Be sure to change your dehumidifier pan regularly, as a flooded basement will create a lot of air moisture and the pan will fill quickly.
6. Look for mold and return your items to the basement.  After a few days you know if you have mold either by seeing or smelling it.  You’ll want to hit any moldy areas with a bleach solution to kill the spores.  Once you complete that step you can have your carpets re-installed and you’ll want to rent a carpet cleaner to clean them as well.  Then bring your furniture and other belongings back to the basement.
7. Keep a dehumidifier and air cleaner in the basement. The dehumidifier will keep moisture levels in check creating a dry environment that naturally prevents mold. A HEPA air cleaner will grab any residual spores and other allergens and filter them out of the air. These two devices will ensure your basement is a dry, cozy, and comfortable space for the entire family to enjoy.

Ultimately you’ll want to avoid cleaning up after a basement flood by having a sound sump pump system with a backup pump and a pump alarm.  When the inevitable happens and you’re forced to dry your basement after a flood, the 6 steps above will help prevent mold spores and keep your indoor air quality crisp and clean. 

if there is a large amount of mold. Most times, there will only be a little mold growth and this will be behind the walls. If you keep the basement dry, the mold will not start growing again. Mold can be a problem to those with sensitivity or allergies, but mold only affects people because of the spores it puts out. If the mold is dead and not growing, it isn’t putting out any spores. Most types of mold are harmless. If there is visible mold growth, there is no reason to have it tested. If you see mold, you already know it is there and you have no need to find out what kind of mold it is because the remediation will be the same.

>If you do get mold growth, DO NOT use bleach to clean or kill it. The EPA has determined that bleach is NOT an effective fungicide for mold growth on drywall and wood and bleach puts out harmful fumes when used in large quantities. There are much more effective (and less harmful to humans and pets!) fungicides available at the major home stores. Spray them directly on the affected areas (following the label directions) and let them kill the mold. These products will soak into the wood and drywall get to the roots of the mold, killing it completely. When the wood in the walls is completely dry, cover it with a mold encapsulating paint. This will seal up the mold and keep it from growing further.

If you have extensive mold growth,DO NOT TRY TO GO ON THE CHEAP! Hire a professional and certified mold remediation Atlanta Georgia company to clean the mess up. Sure, I know this can be expensive, but doing the cheap and easy thing is ALWAYS more expensive, in the long run. Stay away from handymen or the proverbial “Two guys in a white van”. Mold remediation is a complex and technical trade, requiring a great deal of specialized training and certification. If notdone properly, the mold will come back, and much worse! Do it right. The EPA standards state that if the mold is plainly visible, there is no reasonto have the mold tested, however, it is highly recommended that the affected areas be air sample tested one week after the remediation isdone by an independent mold testing professional, NOT by the remediation contractor. This testing will determine if the remediation work was properly completed. Remember, test AFTER and have the testing professional be independent.

When all is dry (keep the basement windows closed and run the de-humidifiers, usually, for about a week or two to ensure complete dryness), it helps for your to call a licensed and certified home inspector who is also specifically trained and certified to perform mold testing. If you can hire an inspector who is also specially trained in thermal imaging, that will help to verify that thebasement is fully dry. Ask the inspector for a mold clearance test, which is an air sample that ensures that mold spores are not present in the air. Make sure that the inspector does not also do mold remediation work, and that any mold remediation company you hire does not do the testing. This is a conflict of interest. If there are mold spores present, call a professional, licensed and certified mold remediation company. When they are done cleaning up, have the area re-tested by an independent mold inspector. For large or long sitting (you were flooded while away on vacation, for example) it is also wise to hire a licensed, certified and professional industrial hygienist to evaluate the problem and prepare a clean-up plan. Most professional mold remediation companies have industrial hygienists on their staff.

Hire Mold Remediation Company

If all fails doing your Do it yourself mold removal please feel free to call Mold Remediation Pros. (470) 205-4188

 

The post Steps to Prevent Mold After a Basement Flood appeared first on Mold Remediation Pros ATL.

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James Quincey: Majority of Coca-Cola will work remotely through end of summer

In late March, Coca-Cola's CEO said he was counting on a V-shaped recovery but preparing for a U-shape. Now he sees a "U or an extended-U recovery."

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3.7 million-square-foot industrial park proposed outside Savannah

The project would have an estimated value of $220 million when completed, according to a filing with the state of Georgia.

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'Crisis time now' for many small businesses, Atlanta Fed CEO tells Nashville chamber

Bostic finds reason to hope: "I think the third and fourth quarters can actually be quite positive and we can get fairly close to where we were at the beginning of this, before too long."

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Atlanta golf retailer expanding, eyeing soon-to-be vacant J.C. Penney properties

Atlanta golf retailer is regaining business fast after reopening stores with modifications.

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Wellstar furloughs more than 1,000 employees as health care system faces up to $600M in losses due to Covid-19

Marietta-based Wellstar Health System, one of the largest health care systems in Georgia, announced May 19 it has furloughed more than 1,000 employees as it faces financial losses between $400 million to $600 million through the end of December.

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Truist, with $125M invested in branding, not backing down in trademark battle

Truist Financial Corp. said it has invested millions of dollars in its new brand as the trademark lawsuit with Truliant Federal Credit Union continues.

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Delta to offer buyouts, early retirement package

More than 40,000 Delta employees have thus far signed up for unpaid voluntary leave.

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Ready to use PPP funds to pay big bonuses? Read this first

The forgiveness application sheds some light on a question that's on the minds of many small-business owners.

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Attention PPP borrowers: Before forgiveness, your loan could soon be sold to someone you don't know

With more than 4.3 million businesses already immersed in the Paycheck Protection Program, the loan portfolios are now beginning to change hands – much before the start of the forgiveness process.

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Home Depot reports strong sales for first quarter, as Covid-19 costs ding profits

"The robust and flexible interconnected infrastructure that we have invested in for over a decade allowed us to quickly adapt," Home Depot's CEO says.

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New 2020 Fortune 500 list has two big changes for Georgia companies

The 2020 list includes 18 Georgia-based companies, the same number as in 2019.

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Meet the man leading the Covid-19 response at Mercedes-Benz Stadium

Former Mercedes-Benz president has been tasked with creating measures to fight Covid-19 at the venue which bares the automaker's name.

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Trammell Crow Residential latest developer trying to join Summerhill's revitalization

Trammell Crow filed with the city of Atlanta for demolition permits. Two homes remain on the site.

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Who's Who in Metro Atlanta Education: Meet our top 100 leaders

Our Who's Who in Education section features 100 leaders in the field of eduction in metro Atlanta.

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Big new apartment, restaurant/commercial project proposed in Chamblee (Renderings)

"The property provides a prime opportunity to bring new residential uses and limited restaurant/commercial space in close proximity to the core of Chamblee's downtown and adjacent restaurant/retail uses on Peachtree Road," the developers say.

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Automotive Minute: Toyota redesigns Sienna as hybrid-only modern minivan, brings back Venza

Toyota has virtually debuted a redesigned 2021 Toyota Sienna minivan and a fresh take on the Venza crossover.

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Chick-fil-A flies to top 3 in restaurant sales rankings

Chick-fil-A continues its ascent of the fast-food hierarchy.

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Micro venture capital fund moves HQ to Atlanta

“Atlanta has always been this interesting market… I was just waiting on it to finally arrive on the scene in VC, entrepreneurship, high tech and startups. It all came together recently."

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J.C. Penney files for Chapter 11 bankruptcy protection

J.C. Penney has filed for bankruptcy. The legacy retailer addresses phased store closures, the potential exploration of a third-party sale process and more.

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Small businesses note another flaw in SBA's PPP as reopening costs mount

Small business owners say the loans don't help with a key escalating expense.

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Microsoft confirms 1,500 job expansion in Midtown, will occupy new project at Atlantic Station

Microsoft’s expansion has been discussed in economic development and real estate circles since last October.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/15/microsoft-confirms-1-500-job-expansion-in-midtown.html?ana=brss_609
Mold Remediation Pros

$2B High Street project in Dunwoody gets second extension to negotiate tax breaks

The developer of the long-planned and massive High Street mixed-use project in Dunwoody has received a second extension to negotiate the contract for an estimated $19 million tax break with city officials.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/15/high-street-in-dunwoody-gets-second-extension.html?ana=brss_609
Mold Remediation Pros

Cox Automotive furloughing 12,500 employees as Covid-19 slams brakes on auto sales

U.S. consumers have slammed the brakes on car buying as millions lost their jobs or were furloughed because of the Covid-19 pandemic.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/15/cox-automotive-furloughing-12-500-employees.html?ana=brss_609
Mold Remediation Pros

Atlanta Botanical Garden and Zoo Atlanta ready to reopen with precautions in place

Options for outdoor activities in Atlanta are growing as Zoo Atlanta and the Atlanta Botanical Garden in Midtown announced they are ready to reopen to the public after being shut down for months due to the Covid-19 pandemic.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/15/atlanta-botanical-garden-zoo-atlanta-ready-to-open.html?ana=brss_609
Mold Remediation Pros

Executive Profile: Miller Union's Steven Satterfield plans to stick around

"Our mission has been to help shape and influence policy and legislation on the Hill to protect independent restaurants. We are uniquely vulnerable because we are businesses that are designed to be gathering places and, during this time of sheltering in place and other restrictions, we could be negatively impacted for years to come."

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/15/miller-unions-steven-satterfield-plans-to-stick-a.html?ana=brss_609
Mold Remediation Pros

A-ha! Moment: Atlanta's Sock Fancy pivots to match the Covid-19 fashion statement

“We saw some great channels of growth until March when everything started to flip on its head."

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/15/sock-fancy-atlanta-pivots-to-face-mask-sales.html?ana=brss_609
Mold Remediation Pros

ATP Tour to extend suspension: Here's what that means for Truist Atlanta Open

The tennis tournament at Atlantic Station was scheduled for July 25-Aug 2.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/15/truist-atlanta-atp-tennis-suspension.html?ana=brss_609
Mold Remediation Pros

Winners & Finalists: Health Care Heroes 2020

Nominated by their peers and colleagues and chosen by members of Atlanta Business Chronicle’s editorial staff, these health-care professionals are our Health Care Heroes for 2020.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/15/health-care-heroes-2020.html?ana=brss_609
Mold Remediation Pros

Viewpoint: Healthcare workers need support during Covid-19 pandemic

Dr. Judy Monroe, president and CEO of the CDC Foundation, says the good work of the nearly 18 million U.S. healthcare workers sometimes goes unnoticed. The Covid-19 pandemic has changed that.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/15/healthcare-workers-need-support-during-pandemic.html?ana=brss_609
Mold Remediation Pros

This Atlanta firm is going back to the office on Monday. Here's how they'll do it.

Lee & Associates spent about $4,000 on the upgrades and safety protocols.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/15/this-atlanta-firm-is-going-back-to-the-office.html?ana=brss_609
Mold Remediation Pros

Real Estate Notebook: Portman releases details; What can we learn from New York?

Recap of the top stories from Atlanta's real estate and development scene.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/15/real-estate-notebook-portman-releases-details.html?ana=brss_609
Mold Remediation Pros

Restaurants & Hospitality: Prominent Atlanta chef closing his two longest-running restaurants

Rundown of the top stories from the restaurants and hospitality beat.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/15/atlanta-restaurants-hospitality-blog-rathbuns.html?ana=brss_609
Mold Remediation Pros

Atlanta's 10 Largest Office Furniture Dealers

Rank Company 2019 Atlanta commercial sales volume Number of metro Atlanta locations No. of full-time Atlanta employees Total sq. ft. of Atlanta showroom space Partial listing of specialty services Chief Atlanta officer(s) 1 Bizchair.com, 4350 Ball Ground Hwy., Canton, GA 30114, 770-721-8200, bizchair.com 294000000 NA 385 NA embroidery and upholstery services Joseph Rainone Jason Shrefrin 2 Carithers-Wallace-Courtenay LLC (C-W-C), 4343 Northeast Expy., Atlanta, GA 30340, 770-493-8200, c-w-c.com 101000000 1.0 137 178000 space...

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/subscriber-only/2020/05/15/atlantas-10-largest-office-furniture.html?ana=brss_609
Mold Remediation Pros

Atlanta Business Chronicle launches podcast 'It's Complicated: Doing Business During Coronavirus'

Listen to our first podcast: "It's Complicated: Doing Business During Coronavirus."

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/15/atlanta-business-chronicle-launches-podcast.html?ana=brss_609
Mold Remediation Pros

Sports Biz: Coronavirus has 'devastating' impact on Georgia youth sports business; Atlanta pro teams accept, decline and await PPP

Here's some of the top sports business stories in Atlanta.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/15/sports-biz-how-georgia-youth-sports-have-been-imp.html?ana=brss_609
Mold Remediation Pros

Georgia's farms face 'a very sobering time' as food demand craters

Georgia’s dairy industry has taken the hardest hit, while poultry production has not seen a serious impact.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/15/georgias-farms-face-a-very-sobering-time.html?ana=brss_609
Mold Remediation Pros

Unsung heroes of Georgia's Covid-19 pandemic: Meet 5 people on the front lines

Dareja Finney, Dr. Melhim Bou Alwan, Jeannine Wright, Sena Able and Jerry Lewis are among the health-care practitioners and support staff on the front lines as the Covid-19 pandemic arrived in Georgia.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/15/unsung-heroes-of-georgias-covid-19-pandemic.html?ana=brss_609
Mold Remediation Pros

Stack Infrastructure to more than double digital infrastructure capacity with Alpharetta data center expansion

Company representatives say the decision to grow is due to an “outsized demand in Atlanta.”

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/15/stack-infrastructure-expand-alpharetta-data-center.html?ana=brss_609
Mold Remediation Pros

Governor Kemp gives go-ahead for NASCAR return to Atlanta Motor Speedway

The Folds of Honor QuikTrip 500 was postponed in March over coronavirus concerns.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/15/nascar-atlanta-racing-speedway.html?ana=brss_609
Mold Remediation Pros

#WFH Chronicles: Is this just a game to you?

As the weeks drag on in this work-from-home adventure, it may be time to up our game.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/14/wfh-chronicles-is-this-just-a-game-to-you.html?ana=brss_609
Mold Remediation Pros

PPP fixes and tax breaks. Here's what's in the HEROES Act for small business

The legislation shows that small-business concerns are top of mind as lawmakers debate the next set of stimulus measures.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/14/ppp-heroes-act-small-business-tax-credit.html?ana=brss_609
Mold Remediation Pros

Southwest Airlines to offer employees separation packages as it tries to reduce headcount

Southwest Airlines is looking for ways to voluntarily reduce its headcount as demand remains low.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/14/southwest-airlines-separation-agreement.html?ana=brss_609
Mold Remediation Pros

Tennis without fans? Fan revenue is a big slice of the tennis pie

The USTA’s openness to a U.S. Open without fans illustrates how different the financial reality of tennis’ four Grand Slam tournaments is compared to the other 122 total events on the currently suspended ATP and WTA tours.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/14/tennis-without-fans-fan-revenue-is-a-big-slice.html?ana=brss_609
Mold Remediation Pros

The Movie Biz: 'Hamilton' the movie will be a good test

Covid-19 has put its nasty stamp on “Hamilton” — just as it has on everything from the Masters to your nephew’s graduation. Then again, "Cats" probably didn't help.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/14/hamilton-the-movie-will-be-a-good-test.html?ana=brss_609
Mold Remediation Pros

Equifax creates new C-Suite role focused on product strategy

CEO Mark Begor says new product innovation is at "the center of our strategy."

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/14/equifax-creates-new-c-suite-role-focused-on.html?ana=brss_609
Mold Remediation Pros

Delta tabs 'iconic' Boeing planes for early retirement

The retirement will remove 18 planes from Delta's fleet.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/14/delta-boeing-777-early-retirement-coronavirus.html?ana=brss_609
Mold Remediation Pros

NASCAR legend Richard Petty signs with Atlanta-based talent agency

CSE will work closely with the Petty family to build his brand and legacy.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/13/richard-petty.html?ana=brss_609
Mold Remediation Pros

Reality TV personality charged with bank fraud over PPP loan

Approximately $1.5 million in PPP funding was allegedly used to purchase jewelry, lease a luxury vehicle, pay down debt and contribute to child support.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/13/ppp-loan-fraud-maurice-fayne.html?ana=brss_609
Mold Remediation Pros

Amazon completes second huge lease this month, expands to 11.5 million square feet in ATL

Amazon continues a swift expansion of its fulfillment center network across Atlanta, leasing an additional 2 million square feet this month.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/13/amazon-swiftly-expanding-north-georgia-network.html?ana=brss_609
Mold Remediation Pros

Gov. Kemp relaxes restrictions on restaurants; bars, music venues remain shut through end of May

Restaurants can now seat more customers in their dining rooms thanks to Gov. Brian Kemp’s new executive order relaxing restrictions on the industry that has suffered tremendous losses during the coronavirus pandemic. But the governor extended the mandated closure of bars, nightclubs and live music venues.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/13/gov-kemp-relaxes-restrictions-on-restaurants.html?ana=brss_609
Mold Remediation Pros

Shifting SBA guidance could create ‘legal mess’ for PPP recipients

Small business applicants have to pay special attention to which version of SBA guidance applies to them.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/13/ppp-sba-guidance-could-create-legal-mess.html?ana=brss_609
Mold Remediation Pros

PPP round 2 update: Approvals slow in the second week and loan amounts get even smaller

Georgia ranks eighth in the nation for the number of loans approved in the second round.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/13/ppp-round-two-update-georgia.html?ana=brss_609
Mold Remediation Pros

Readers win breaks on rents, mortgages as pressures build in office market

The big takeaway: Requests for rent relief mounted — and in most cases were granted — as the economy transitioned from slight turbulence during the pandemic's early days to a full-blown state of crisis.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/13/office-market-tenants-landlords-coronavirus-relief.html?ana=brss_609
Mold Remediation Pros

Senator David Perdue: Why we need to continue opening the economy

"If we continue to gradually reopen the economy at our current pace and keep our citizens healthy and safe, we could see a return to the historic economic turnaround we were previously experiencing," writes Georgia's senior U.S. Senator.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/13/david-perdue-why-we-need-to-continue-opening-econ.html?ana=brss_609
Mold Remediation Pros

Georgia-Pacific to lay off 300 workers in Oregon for a week

The company is taking the action due to lack of demand, a spokesman said.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/13/georgia-pacific-temporarily-closes-oregon-plant.html?ana=brss_609
Mold Remediation Pros

More restaurants reopening as Gov. Kemp updates guidelines

'If you feel like getting out for dinner, let us know and make a reservation.'

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/13/atl-restaurants-reopening-coronavirus-guidelines.html?ana=brss_609
Mold Remediation Pros

Tyler Perry sets Atlanta production restart date for two TV series

The series "Sistas" and "The Oval" will begin production in July under standards set by Perry, according to the BET network.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/13/tyler-perry-sets-atlanta-production-restart-date.html?ana=brss_609
Mold Remediation Pros

U.S. airline traffic fell by 51% in March

The decline broke a streak of 29 consecutive months of year-over-year traffic increases.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/13/airline-travel-decrease-coronavirus-pandemic.html?ana=brss_609
Mold Remediation Pros

National restaurant group notifies Georgia it cut hours 'significantly' for more than 3,200 workers

About half the affected workers are in the greater Atlanta area. The company said it has not terminated any employee and did not have plans to do so as of late April.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/13/bloomin-brands-cuts-hours-for-georgia-employees.html?ana=brss_609
Mold Remediation Pros

How the youth sports business in Georgia has been impacted by COVID-19

Here's how the pandemic has impacted the local youth sports landscape.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/13/how-youth-sports-in-georgia-hae.html?ana=brss_609
Mold Remediation Pros

Metro Atlanta housing sales plunge almost 26% in April due to coronavirus, but prices went up

The single-family residential housing market in metro Atlanta continued to take a beating in April due to the coronavirus pandemic, with total home sales plummeting 25.8% compared to last year’s numbers.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/12/metro-atlanta-housing-sales-plunge-in-april.html?ana=brss_609
Mold Remediation Pros

Woodruff Arts Center elects new trustees, Doug Hertz elected chairman

Douglas Hertz, president and CEO of United Distributors, was elected the Woodruff Arts Center's chairman.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/12/woodruff-arts-center-elects-new-trustees.html?ana=brss_609
Mold Remediation Pros

Goodwill of North Georgia to reopen all of its stores, but hold the donations for now

Don't rush to bring your gently used goods to Goodwill just yet.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/12/goodwill-of-north-georgia-to-reopen-stores.html?ana=brss_609
Mold Remediation Pros

Asana Partners redeveloping Beltline-adjacent Stove Works property

The property will further integrate with the Eastside Trail.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/12/stove-works-redevelopment-beltline-asana-partners.html?ana=brss_609
Mold Remediation Pros

Got a PPP loan? You might get hit with a bigger tax bill

One U.S. senator called the issue a "gut punch" for small businesses.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/12/sba-ppp-loan-might-mean-bigger-tax-bill.html?ana=brss_609
Mold Remediation Pros

SBA, Treasury may change forgiveness rules, 8-week period for PPP borrowers, after all

The growing tension between lawmakers and federal agencies that oversee the historic business bailout program may be coming to a head.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/12/hold-sba-treasury-may-change-forgiveness-rules.html?ana=brss_609
Mold Remediation Pros

YMCA of Metro Atlanta to reopen seven sites May 15. Here are the dates when all will reopen.

The YMCA of Metro Atlanta will reopen seven locations with limited amenities on May 15 as part of a phased in approach to open back up its other branches on May 25 and June 1. All branches closed in mid-March due to the Covid-19 pandemic.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/12/ymca-to-reopen.html?ana=brss_609
Mold Remediation Pros

Here's how much stimulus money area health care groups and senior living facilities secured

Hospitals across Georgia were recipients of millions of dollars in federal relief funds meant to assist health care providers impacted by the Covid-19 pandemic, but the list also includes hospice care and nursing home facilities, eye care clinics and ambulance services.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/12/cares-act-stimulus-money-health-care-providers.html?ana=brss_609
Mold Remediation Pros

Portman reveals detailed plans for 36-story Midtown tower on historic site

The entire redevelopment will feature three towers.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/12/portman-reveals-detailed-plans-for-36-story-tower.html?ana=brss_609
Mold Remediation Pros

'We're all in this together' — Georgia businesses find silver linings amid Covid-19's dark economic outlook

Despite an economy ravaged by the Covid-19 pandemic, some local businesses are finding ways to pivot and fill niche areas where there is demand.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/11/were-all-in-this-together-georgia-businesses-find.html?ana=brss_609
Mold Remediation Pros

#WFH Chronicles: Where are our manners?

As things start to open back up across the country, people are emerging with pent-up energy. Don't let this #WFH adventure turn you into someone you typically wouldn't be proud of.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/11/wfh-chronicles-where-are-our-manners.html?ana=brss_609
Mold Remediation Pros

SBA failed to give guidance to ensure underserved and rural markets had access to PPP, report finds

Businesses owned by women and people of color or in rural areas may have been left out of PPP loans.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/11/sba-failed-to-give-guidance-to-ensure-underserved.html?ana=brss_609
Mold Remediation Pros

One of Atlanta’s biggest startup events plans to go virtual

Since Venture Atlanta began, companies that have attended the conference have gone on to raise $2 billion.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/11/one-of-atlanta-s-biggest-startup-events-plans-to.html?ana=brss_609
Mold Remediation Pros

Atlanta-based homebuilder PulteGroup to cut $100M a year in costs; top strategy exec leaves

"While order rates have improved, our net new orders for the month of April were still down approximately 50% from the prior year," PulteGroup says.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/11/atlanta-based-homebuilder-pultegroup-to-cut-100m-a.html?ana=brss_609
Mold Remediation Pros

Rathbun's, Krog Bar closing: 'I had such a good run'

Kevin Rathbun's first restaurant and the adjacent wine bar will not reopen.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/11/rathbuns-closing-krog-bar-kevin-rathbun.html?ana=brss_609
Mold Remediation Pros

Atlanta pro sports teams accept, decline and await relief funding

Here's how three Atlanta sports teams are navigating the loan process during the pandemic.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/11/atlanta-pro-sports-teams-accept-decline-and-await.html?ana=brss_609
Mold Remediation Pros

Buffalo Wild Wings introduces take-out and delivery-only restaurant in Atlanta

Buffalo Wild Wings food without the sports bar atmosphere.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/11/buffalo-wild-wings-go-take-out-delivery.html?ana=brss_609
Mold Remediation Pros

PPP loans have slowed to a trickle. The SBA thinks it knows why

Both the number and volume of PPP loans have slowed. The SBA said a number of factors are to blame.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/11/sba-ppp-loans-have-slowed-to-a-trickle.html?ana=brss_609
Mold Remediation Pros

Can’t get PPP funds? Tax professionals break down other CARES Act options

If a company doesn’t qualify for a Paycheck Protection Program loan or has yet to receive approval from a bank, there are other options outlined in coronavirus legislation designed to free up cash for organizations of all sizes.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/11/can-t-get-ppp-funds-tax-professionals-break-down.html?ana=brss_609
Mold Remediation Pros

Marriott says it's been 'dramatically impacted' by Covid-19 pandemic

The hotel giant's profits for the first quarter of 2020 plunged nearly 92 percent from the same period last year.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/11/marriott-says-its-been-dramatically-impacted-by.html?ana=brss_609
Mold Remediation Pros

Delta suspends service in 11 airports

Delta consolidated its operations in several markets served by multiple airports while passenger volume remains low.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/11/delta-suspends-service-in-11airports.html?ana=brss_609
Mold Remediation Pros

Amazon.com expands with new 1.1-million-square-foot logistics project in Atlanta

Amazon.com is building-out its fulfillment center engine across Atlanta.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/11/amazon-com-expands-with-new-1-1million-square-foot.html?ana=brss_609
Mold Remediation Pros

$155 million Atlanta hotel sale may become a victim of COVID-19 pandemic

A planned sale of the 522-room Renaissance Atlanta Waverly Hotel & Convention Center -- set to close in July -- remains stalled.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/11/155-million-atlanta-hotel-sale-may-become-a.html?ana=brss_609
Mold Remediation Pros

Sweet Tomatoes, the all-you-can-eat salad bar restaurant, says it is closing for good

There were four locations in metro Atlanta.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/11/sweet-tomatoes-the-all-you-can-eat-salad-bar.html?ana=brss_609
Mold Remediation Pros

Watch: Atlanta senior living parade helps 'create some connection' in midst of social distancing

Watch this Mother's Day parade, which provided a respite for members of an Atlanta senior living community.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/11/watch-atlanta-senior-living-parade-helps-create.html?ana=brss_609
Mold Remediation Pros

Senator David Perdue restructures his retirement savings, advisors to stop trading individual stocks

Perdue filed his April financial report, which shows that last month he and his wife Bonnie sold shares in dozens of companies and purchased shares in exchange traded funds, mutual funds and municipal bonds.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/08/senator-david-perdue-restructures-his-retirement.html?ana=brss_609
Mold Remediation Pros

Mailchimp undertaking significant expansion at former headquarters

The company is growing at Carriage Works.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/08/mailchimp-expansion-carriage-works-atlanta.html?ana=brss_609
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Here are 6 things business owners should consider before reopening

There is no single set of protocols that will work for every business.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/08/covid-19-reopening-business-owners.html?ana=brss_609
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Atlanta apartment landlords: Nearly 85% paid May rent

Landlords with newer properties generally fared better, but still saw a drop from last May. Garden apartments, which are more common in the suburbs, saw the steepest decline.

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Worried about Covid-19 lawsuits? Battle lines form over whether businesses should be liable.

As economies and businesses reopen, the potential grounds for lawsuits will become a defining debate during the next congressional stimulus discussions.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/08/worried-about-covid-19-lawsuits-battle-lines-form.html?ana=brss_609
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Small businesses in Clayton Co. search for strategies during pandemic

The Clayton County Chamber of Commerce is fielding a lot of calls these days.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/08/small-businesses-in-clayton-co-search-for.html?ana=brss_609
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Viewpoint: New book tells life story of Atlanta businessman R.K. Sehgal

The book is part biography and part how-to guide for your professional and personal lives.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/08/viewpoint-new-book-tells-life-story-of-atlanta.html?ana=brss_609
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Real Estate Notebook: Future of urbanization, COVID-19 impacts, April rents

“We believe in Sunbelt markets," Highwoods CEO Ted Klinck said. "All the things we've been touting for years are going to continue to serve us well and attract a lot of companies."

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/08/real-estate-notebook-future-of-urbanization-covid.html?ana=brss_609
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PPP loan forgiveness rules keep changing. Here's the latest guidance from 5 experts.

With the SBA updating PPP guidance almost daily, we asked accounting and consulting experts what business owners should - and shouldn’t - do to put themselves in the best position possible to receive forgiveness.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/08/ppp-loan-forgiveness-rules-keep-changing-heres-the.html?ana=brss_609
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Restaurants & Hospitality: Ponce City Market renovation would add 'multiple food kiosks'

Chris Fuhrmeister provides a rundown of the top stories on the restaurants and hospitality beat.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/08/restaurants-hospitality-ponce-city-market.html?ana=brss_609
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Workforce development initiatives underway in Clayton County

While Covid-19 interrupted some of the workforce development initiatives in Clayton County, organizations and individuals continue their efforts to help the unemployed and develop talent for local companies.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/08/workforce-development-initiatives-underway-in.html?ana=brss_609
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Fiserv board puts company in hands of former First Data CEO

The company reported first quarter revenue of $3.77 billion Thursday, which beat estimates of 3.52 billion and was a 151% increase from year-ago quarter revenue of $1.5 billion.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/08/fiserv-board-puts-company-in-hands-of-former-first.html?ana=brss_609
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Sports Biz: Atlanta doctors weigh in on fans in stadiums; Updates on season tickets

Here's the recent top sports business stories in Atlanta.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/08/sports-biz-atlanta-doctors-weigh-in-on-fans-in.html?ana=brss_609
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Ed Bastian: Coronavirus testing, tracing key to bringing travelers back to airports

Bastian won Emory University's Global Leadership Award and was a keynote speaker Thursday.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/08/ed-bastian-interview-coronavirus-testing-tracing.html?ana=brss_609
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Q&A: Clayton government workers are being taken care of

Jeffrey Turner, chairman of the Clayton County Board of Commissioners, answered questions from Atlanta Business Chronicle about how its government closures have impacted the county and its economic development.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/08/q-a-clayton-government-workers-are-being-taken.html?ana=brss_609
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Executive Profile: Kimberly Schoon has shoe-selling down to a science

Kimberly Schoon's shoe store, One Step at a Time KIDS, recently moved from a small storefront in Decatur to a much larger space off Decatur Square ... and then the Covid-19 pandemic hit.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/08/kimberly-schoon-has-shoe-selling-down-to-a-science.html?ana=brss_609
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Atlanta Inno: Terminus buys Atlanta chat solution

Terminus, an account-based marketing platform in Atlanta, has acquired another local company.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/08/atlanta-inno-terminus-buys-atlanta-chat-solution.html?ana=brss_609
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Clayton County’s strongest industries are hiring

Clayton County, which is a stronghold of manufacturing and distribution, has an abundance of services considered essential.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/08/claytoncounty-s-strongest-industries-are-hiring.html?ana=brss_609
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Georgia’s trucking industry slams brakes due to coronavirus pandemic

Trucking employs nearly 266,000 people, or one out of every 14 jobs in the state.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/08/georgia-s-trucking-industry-slams-brakes-due-to.html?ana=brss_609
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Gov. Kemp asks all Georgians, even those with no symptoms, to be screened for Covid-19

Georgia has ranked at the bottom of states providing tests per capita, but the record number of tests in recent weeks have bumped Georgia up from 43rd in the country to 29rd, according to Gov. Brian Kemp.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/08/gov-kemp-asks-all-georgians-even-those-with-no.html?ana=brss_609
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#WFH Chronicles: The things I dream about

Working from home has brought my dream life a little closer. My hope is that it will stay that way when this #WFH adventure is over.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/07/wfh-chronicles-the-things-i-dream-about.html?ana=brss_609
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TPA Group plans new 120,000-square-foot building at its Alpharetta '360 Tech Village'

In late 2019, TPA Group disclosed it was in late-stage negotiations with a Fortune 500 company at the project.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/07/tpa-group-plans-new-120-000-square-foot-building.html?ana=brss_609
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Despite work-from-home hype, CEOs want employees in the office

Although current technology has made it easier to work from home, most business leaders are starting to hate it.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/07/ceos-want-employees-in-the-office.html?ana=brss_609
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Braves revenue dips but Liberty Media CEO prediction looms even larger

Baseball revenue declined 14% between January-March amid the health crisis.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/07/braves-revenue-dips-but-liberty-media.html?ana=brss_609
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For PPP recipients: You may be subject to whistleblower lawsuits under false claims law

For the vast majority of small businesses that received money under the Paycheck Protection Program (PPP) initiative, the structure of the loan terms may have inadvertently exposed them to a well-known, but rarely used, federal law.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/07/for-ppp-recipients-you-may-be-subject-to.html?ana=brss_609
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It's official: Neiman Marcus files for bankruptcy

The luxury retailer has started Chapter 11 proceedings.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/07/neiman-marcus-bankruptcy.html?ana=brss_609
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Exclusive: Hotels shut their doors in 'the most challenging crisis the industry has ever endured'

Temporary closure has never happened before, industry experts said.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/07/exclusive-hotels-shut-their-doors-in-the-most.html?ana=brss_609
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What Avison Young buying this top consulting firm says about the future of your office

COVID-19 is forcing companies to re-imagine the workplace. That's one reason Avison Young bought this top real estate consulting group.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/07/what-avison-young-buying-this-top-consulting-firm.html?ana=brss_609
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Georgia's net tax collections for April show steep decline due to Covid-19 pandemic

The state of Georgia’s April net tax collections totaled nearly $1.84 billion for a decrease of $1.03 billion compared to April 2019 figures, according to officials.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/06/georgias-net-tax-collections-for-aprilshow-steep.html?ana=brss_609
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UGA-born bioplastics startup raises $133M, plans $260M facility in Athens

A biodegradable plastics startup based in Athens and Singapore, has raised a two-stage Series B round.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/06/uga-born-bioplastics-startup-raises-133m-plans.html?ana=brss_609
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The Movie Biz: What to do about all those extras

Extras are, in essence, the living wallpaper of a movie. Still, they're essential. Aren't they?

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/06/the-movie-biz-what-to-do-about-all-those-extras.html?ana=brss_609
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Office or residential? New mixed-use development proposed in booming West Midtown

More redevelopment is being planned in booming West Midtown, but what exactly it would include — commercial and office space or commercial space and apartments — is up in the air.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/06/office-or-residentialnew-mixed-use-development.html?ana=brss_609
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Chick-fil-A eyeing new location near Ponce City Market

The location would sit next door to a fast-food chicken rival.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/06/chick-fil-a-new-location-atlanta-ponce-popeyes.html?ana=brss_609
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Truist selects Global Payments to provide credit card processing services

Truist is expected to begin conversion-related activities in late 2021 in order to begin using TSYS’ issuer processing services in 2022.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/06/truist-global-payments-credit-card-processing.html?ana=brss_609
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Delta caps First Class seating in newest round of reductions

The change follows Delta's decisions to stop selling all middle seats and to pause automatic, advance complimentary upgrades for Medallion members.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/06/delta-caps-first-class-seating-in-newest-round-of.html?ana=brss_609
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Georgia-Pacific closing Louisiana plant, laying off 188

The Atlanta-based wood products manufacturer announced the closure May 2 on Facebook.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/06/georgia-pacific-closing-louisiana-plant-laying-off.html?ana=brss_609
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Airport hotel lays off nearly 60 employees

The 378-room Virginia Avenue hotel is one of Atlanta's largest.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/06/airport-hotel-lays-off-nearly-60-employees.html?ana=brss_609
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Massive west Georgia auto plant gears back up with limited production

Tease: The plant has suspended production two times since mid-March, with the second suspension extended twice.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/06/massive-west-georgia-auto-plant-gears-back-up-with.html?ana=brss_609
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Atlanta Falcons give fans time to decide on extra home game

The trip across the pond has been canceled so the Falcons will get another home game in Atlanta.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/05/atlanta-falcons-give-fans-time-to-decide-on-extra.html?ana=brss_609
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BizSpotlight: The Workplace Coach, LLC

For the second year in a row, The Workplace Coach,

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/press-release/detail/3512/The-Workplace-Coach-LLC?ana=brss_609
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Atlanta doctors weigh in on fans at stadiums: 'It would scare the dickens out of me'

The possibility of Atlanta sports without fans in attendance is a tough pill to swallow — here's what some prominent area doctors have to say about it.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/05/atlanta-doctors-weigh-in-on-fans-at-stadiums-it.html?ana=brss_609
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Jamestown started a $50M fund to help its tenants. Here’s why.

The effort from Jamestown comes as Georgia small businesses impacted by the Covid-19 pandemic just received an additional $4.7 billion in PPP loans.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/05/jamestown-started-a-50m-fund-to-help-its-tenants.html?ana=brss_609
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Big Brother is eyeing some PPP loans. Here's why it might be time to give the money back.

Public blowback against some larger companies caused the SBA to issue new guidance, altering the PPP landscape, experts say.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/05/big-brother-is-eyeing-some-ppp-loans-heres-why-it.html?ana=brss_609
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Lyft pauses 'shared rides' in Atlanta, launches new affordable service

A major player in Atlanta's ride-sharing landscape is shifting course in response to Covid-19.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/05/lyft-pauses-shared-rides-in-atlanta-launches-new.html?ana=brss_609
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Starbucks will reopen majority of US stores this week. This is what it will look like.

The Seattle-based coffee chain is using its experience in China as its roadmap to reopening stores in the U.S.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/05/starbucks-will-reopen-85-of-u-s-stores-this-week.html?ana=brss_609
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Children's clothing chain Carter's to begin reopening some stores, as sales fall 12% due to COVID-19

Atlanta-based Carter's operates 1,100 stores in North America, including 860 U.S. retail stores.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/05/childrens-clothing-chain-carters-to-begin.html?ana=brss_609
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#WFH Chronicles: Can I bake you a cake?

Even with the pressure and stress of this #WFH adventure, apparently some of us don't have enough to do. Fortunately, there's a world of stuff to learn out there.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/04/wfh-chronicles-can-i-bake-you-a-cake.html?ana=brss_609
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Atlanta United provides update on season tickets

Season-ticket holders were able to hear from the club directly in a recent video chat meeting.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/04/atlanta-united-gives-update-on-season-tickets.html?ana=brss_609
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Here’s what workers say they need to feel safe in the office again

No one knows exactly what the post-pandemic office will look like, but a new survey from one of the world's largest staffing firms might provide a clue.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/05/04/here-s-what-workers-say-they-need-to-feel-safe-in.html?ana=brss_609
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