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July 24, 2008 2:23:09 PM CDT

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Stories related to: Atlanta

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  • July 2008

    • Credit Woes Move Bank to Offload $2B in Coke Shares

      newser  |  Guardian  |  Jul 23, 08 10:42 AM CDT

      Credit Woes Move Bank to Offload $2B in Coke Shares

      Continuing credit losses have prompted SunTrust Bank to offload its 43.6 million shares of Coca-Cola, breaking ties with the soft-drink maker that stretch more than 90 years and include a copy of the cola’s secret recipe stored in the bank’s Atlanta vault, the Guardian reports. SunTrust’s announcement that it would dispose of its $2 billion stake boosted Coke shares 3.5% yesterday. More »

      Tags

      mortgage crisis  • Atlanta  • Coca Cola  • subprime mortgage crisis  • SunTrust Banks

    • MLK Children: Lawsuit Defends Dad's Legacy

      newser  |  Atlanta Journal-Constitution  |  Jul 21, 08 12:52 PM CDT

      MLK Children: Lawsuit Defends Dad's Legacy

      Martin Luther King's children are blaming each other for the uncharacteristically public standoff that led two of them to sue the third over management of their father's estate, the Atlanta Journal-Constitution reports. The deaths of the family peacekeepers, mother Coretta and sister Yolanda, helped expose the rift. "Strong parents have strong children, and strong children have strong opinions, and that usually leads to conflicts that they have difficulty reconciling," says ex-Atlanta mayor Andrew Young, a longtime family friend. More »

      Tags

      lawsuit  • Atlanta  • Martin Luther King Jr.  • inheritance  • estate  • Martin Luther King III

    • New Yorkers Bolt for Warmer, Cheaper Atlanta

      newser  |  New York Sun  |  Jul 13, 08 7:57 PM CDT

      New Yorkers Bolt for Warmer, Cheaper Atlanta

      New Yorkers are flocking to the southern climes and cheaper housing of Atlanta, but encountering a range of culture shocks, the New York Sun reports. About 40,000 yanks moved to Atlanta between 2000 and 2005, drawn partly by a booming job market, and now some wonder how to move back. "Atlanta is a second-tier city," one Big Apple expat griped. "New York is cooler and more exciting in every respect." More »

      Tags

      New York  • Georgia  • real estate  • Atlanta  • job market  • lifestyle  • South  • winter weather

    • MLK Children Fight Over Estate

      newser  |  Atlanta Journal-Constitution  |  Jul 12, 08 7:36 AM CDT

      MLK Children Fight Over Estate

      Two of Martin Luther King Jr.'s three surviving children are taking their brother to court, the Atlanta Journal-Constitution reports. Bernice and Martin King III say Dexter, president of the corporation that oversees the civil rights hero's intellectual property rights, has mishandled company funds and wrongfully taken money from their parents' estates for his own use. More »

      Tags

      lawsuit  • Atlanta  • Martin Luther King Jr.  • inheritance  • estate  • Martin Luther King III

  • May 2008
  • March 2008

    • T.I. Will Get Jail Sentence in Weapons Rap

      newser  |  Associated Press  |  Mar 27, 08 4:32 PM CDT

      T.I. Will Get Jail Sentence in Weapons Rap

      Rapper T.I.—aka Clifford Harris—pleaded guilty today in Atlanta to weapons charges, the AP reports. Harris will have to spend about a year in jail but must complete 1,500 hours of community service first; he also faces three years' house arrest and a $100,000 fine. Addressing youth groups on the dangers of guns, drugs, and gangs will be his first stop. More »

      Tags

      prison  • gun  • hip-hop  • Atlanta  • rap music  • plea bargain  • community service  • automatic weapons

    • Shining Sun Belt Beckons to Rust Belt's Weary

      newser  |  Associated Press  |  Mar 27, 08 8:43 AM CDT

      Shining Sun Belt Beckons to Rust Belt's Weary

      Americans are continuing to flock to the Sun Belt, reports the AP. Almost all of the 50 fastest-growing metro areas in 2006 and 2007 were in the South and West, and four of the top 10 were in Texas. None were in the Northeast. Experts say the Sun Belt's strong economies and low house prices are drawing in people, especially from the Rust Belt. More »

      Tags

      Texas  • housing market  • Detroit  • Arizona  • Atlanta  • population  • Dallas  • migration  • cities  • Southwest

    • Gene Linked to Stress Disorder

      newser  |  Time  |  Mar 19, 08 11:16 AM CDT

      Gene Linked to Stress Disorder

      A gene that may influence an individual's susceptibility to post-traumatic stress disorder has been identified by psychologists at Emory University, Time reports. A study of low-income African-American adults in the Atlanta area, 80% of whom had experienced trauma, found that certain versions of a gene were linked to higher PTSD rates in those who had a history of earlier trauma, such as child abuse or violence. More »

      Tags

      genetics  • mental health  • Atlanta  • PTSD  • genetic screening  • Emory University

    • 2 Dead on Second Day of Ga. Storms

      newser  |  CNN  |  Mar 15, 08 8:02 PM CDT

      2 Dead on Second Day of Ga. Storms

      Waves of thunderstorms clobbered the stunned city of Atlanta today, killing two and wounding at least four others, CNN reports. The storms leveled more than 20 homes and downed power lines, leaving 40,000 people—including 10,000 in Atlanta—without power in northern Georgia. Authorities are warning people to stay home as a storm watch continues overnight. More »

      Tags

      Atlanta  • tornado  • power outage  • Georgia Dome  • thunderstorms  • property damage

    • Atlanta Cleans Up After Tornado's Mess

      newser  |  CNN  |  Mar 15, 08 9:59 AM CDT

      Atlanta Cleans Up After Tornado's Mess

      Atlanta cleaned up today after a tornado with 130mph winds ripped through the city last night, CNN reports. About 30 people were injured, though none of the injuries were believed to be life-threatening. Thousands were without power today, and about 20 homes were damaged or destroyed in the historic Cabbagetown district near downtown. The city braced for a new round of powerful storms today. More »

      Tags

      Georgia  • storm  • Atlanta  • tornado  • Southeastern Conference  • severe weather  • Georgia Dome

    • Televangelist's Husband Admits Attacking Her

      newser  |  Atlanta Journal-Constitution  |  Mar 12, 08 2:40 AM CDT

      Televangelist's Husband Admits Attacking Her

      The husband of Pentecostal televangelist Juanita Bynum pleaded guilty yesterday to assaulting her and was sentenced to three years probation. Thomas W. Weeks III, the founder of Global Destiny churches, admitted grabbing Bynum, throwing her down and kicking her in the parking lot of an Atlanta hotel in August, the Atlanta Journal-Constitution reports.  Weeks apologized to his wife in court. More »

      Tags

      Atlanta  • assault  • probation  • bishop  • pastor  • Hartsfield-Jackson International Airport  • televangelist  • Pentecostals

  • February 2008
  • January 2008
  • December 2007

    • Old Town Resurfaces as Drought Dries Ga. Lake

      newser  |  Associated Press  |  Dec 24, 07 10:03 PM CST

      Old Town Resurfaces as Drought Dries Ga. Lake

      The brutal drought hitting Georgia is drying up an artificial lake and exposing the long-dead town that lies beneath—along with mountains of trash. "It's horrendous, it's unbelievable," said one local resident. Lake Lanier's receding shores have exposed debris of all shapes and sizes, including an old dirt racing track, foundations of buildings, sunken cars and boats, even a stretch of Georgia Highway 53. More »

      Tags

      Georgia  • Atlanta  • water  • drought  • lake

    • Men Suspected of Carjacking Williams Caught

      newser  |  Atlanta Journal-Constitution  |  Dec 17, 07 9:50 PM CST

      Men Suspected of Carjacking Williams Caught

      The two men believed to be responsible for stealing the car of the Atlanta Hawk’s Shelden Williams on Saturday are being charged with armed robbery. The 18-year-olds were arrested later Saturday at an Atlanta-area mall while attempting to rob someone else. Williams’ car was stolen outside his barbershop shortly before Atlanta game against Charlotte, reports the Atlanta Journal-Constitution . More »

      Tags

      basketball  • NBA  • Atlanta Hawks  • Atlanta  • carjacking  • Shelden Williams

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