Atlanta Business News

• Facebook stock finishes flat in debut May 19, 2012
  NEW YORK - In the hours before Facebook's stock began trading on the Nasdaq Stock Market for the first time, CEO Mark Zuckerberg reminded the company's 3,500 employees not to get caught up in the hoopla surrounding its long-awaited initial public offering. […]
• FACEBOOK IPO LIVE: The social network goes public May 18, 2012
  It's Facebook's big day. The site, which was born in a dorm room eight years ago and has grown into a worldwide network of almost a billion people, is making the most talked-about stock market debut in years. […]
• SunTrust online banking experiencing problems May 18, 2012
  SunTrust is experiencing intermittent technical issues that have left its online banking and some other products unavailable since Friday morning. […]
• Delta cutting staff, trimming flights May 17, 2012
  About 2,000 workers at Atlanta-based Delta Air Lines are taking early retirement offers, allowing the company to reduce its staff while it also announced more flight cuts. […]
• Delta ranks last for award seat availability May 17, 2012
  Atlanta-based Delta Air Lines ranked last among airlines in availability of certain mileage award seats, according to a recent survey. […]
• Regulator subpoenas Georgia bank May 17, 2012
  The third-largest bank based in Georgia has received a notice of formal investigation and a subpoena from federal regulators for information about the way the institution accounts for certain assets. […]
• Mortgage rates at another low May 17, 2012
  Average interest rates for 30-year fixed-rate mortgages dropped from 3.91 in April to 3.79 percent  for the week ending May 17, according to Freddie Mac, the government sponsored loan buyer and consolidator. […]
• Georgia's ports tally tens of thousands of jobs, big economic impact May 17, 2012
  Georgia’s ports directly support 153,884 jobs statewide -- an addition of 25,000 jobs since 2009 -- according to a University of Georgia report released Thursday. […]
• Developer, Westmoreland cry foul at FDIC deals May 16, 2012
  WASHINGTON – An Atlanta developer and a Coweta County-based Congressman lashed out Wednesday against a program to buy up failed bank assets from the federal government. […]
• New Yorkers who defrauded Atlanta investors convicted May 16, 2012
  Two New Yorkers who defrauded metro Atlantans and others out of more than $12 million face prison after a federal jury Wednesday convicted them of running a Ponzi investment scheme. […]