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Business News in Atlanta, GA

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Metro Atlanta shoppers line up for Black Friday bargain hunting

Metro Atlanta shoppers braved the cold on Black Friday, lining up for hours to secure great deals. The event showcases the community's enthusiasm for holiday shopping, emphasizing local consumer behavior during the festive season.

Minority-owned & women-owned business growth surges since pandemic

Minority-owned and women-owned businesses have experienced significant growth since the pandemic, reflecting a broader trend towards inclusivity and equity in the economy. With companies like Blue’s Coffee & Tea Co. leading the charge, the article highlights the impact of individual stories tied to historic legal battles, showcasing the resilience of these enterprises.

Macy’s employee hid up to $154M in expenses; complete earnings report delayed

A Macy's employee has been implicated in hiding up to $154 million in expenses, leading to a delay in the company's complete earnings report. The incident has garnered significant attention, occurring during a week when many are focused on Macy’s annual Thanksgiving Day parade. This revelation raises concerns about financial oversight within the iconic department store chain.

UGA wants Athens-based junk removal company to stop using its alleged branding

The University of Georgia (UGA) is demanding that an Athens-based junk removal company, TopDawg Junk Removal, cease using branding that allegedly infringes on UGA's trademarks. Despite TopDawg's five-star Google rating, UGA's lawyers claim that the company's branding may mislead consumers regarding its affiliation with the university. The situation highlights ongoing issues surrounding intellectual property rights and branding in local businesses.

Atlanta-based UPS ordered to pay $45 million for over-valuing freight division

UPS has been ordered to pay $45 million after a court determined that the company misrepresented its earnings by overvaluing its freight division. The ruling highlights the company’s failure to adhere to generally accepted accounting principles, raising questions about corporate governance and accountability. This case serves as a significant reminder of the importance of transparent financial reporting.

Beloved brewery on Atlanta’s westside shutting its doors

Steady Hand Beer Co., a beloved brewery on Atlanta’s westside, has announced that it will close its doors after nearly six years of operation. The brewery's final weekend is set for this upcoming weekend, marking the end of a cherished local establishment. This news resonates deeply with the local community, highlighting the impact of changing economic conditions on small businesses.

Paper company plans $600M factory expansion in Georgia, hiring 100 more workers

A Canadian paper company is expanding its Macon mill in Georgia with a $600 million investment, which will create 100 new jobs. This significant development highlights the company's commitment to growth and the positive impact on the local economy. The expansion is expected to enhance production capabilities at the facility.

Buying a used car? Clark Howard says you need to do these things before stepping on the lot

Clark Howard shares essential tips for buying a used car, emphasizing the importance of preparation before visiting a dealership. He warns that stepping onto a lot without a clear plan can lead to unexpected costs and may result in purchasing a car that isn’t reliable.

Another Atlanta brewery to permanently shut down

Steady Hand Beer Co., a brewery in Atlanta, is set to close its doors permanently on November 24, 2024, after six years of operation. The closure adds to the growing trend of breweries shutting down in the region, reflecting challenges in the local craft beer industry.

DeKalb County woman invested almost $100K into business, but now doesn’t think it even exists

Luz Roman invested nearly $100,000 in a medical transportation business that she now believes may not exist. This shocking revelation raises concerns about potential fraud and the need for greater scrutiny in business investments. The case highlights significant issues regarding consumer protection and due diligence in financial transactions.