Tuesday, October 28, 2008

Business: Airport opening faster security lanes

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New ballgame at Turner Sports
UPS rolls out hydraulic hybrid delivery trucks
Shipping giant UPS Inc. is bullish on the prospects of fuel savings and environmental benefits of hydraulic hybrid technology, but whether it will decide to or be able to mass produce delivery trucks with the systems is unknown.

Northwest workers to don Delta garb after merger
If the proposed merger is approved, Delta Air Lines plans to shift Northwest Airlines pilots, customer service employees and flight attendants into Delta uniforms on March 30.

Travelers prepare to zip through airport security
Hartsfield-Jackson International Airport has added more security lanes to alleviate long wait times, and is launching a new system with the Transportation Security Administration to speed frequent travelers through the lines.

As NBA season begins, so does NBA TV's new focus
Since he was hired in July to run NBA Digital at Turner Sports, Bryan Perez has hired 200 people, helped build a flashy 5,000-square-foot set for the NBA TV channel and steered a redesign of NBA.com that's centered around streaming video and other multimedia applications.
Career Sports to open New York office

SunTrust gets $3.5B in rescue funds
Suddenly flush with cash courtesy of Uncle Sam, Atlanta-based SunTrust Banks, one of the Southeast's biggest banks, may soon go bargain-hunting for weaker competitors.

Stocks surge at open
Wall Street shook off more signs of global economic troubles today and carved out a sizable rebound as investors awaited the Federal Reserve's next move on interest rates.

Home prices decline by sharpest annual rate ever
A closely watched index shows home prices in major American cities tumbled by the sharpest annual rate ever in August, though Atlanta's decline is only about half as bad.

Leader says Iceland needs $6 billion to recover
Icelandic Prime Minister Geir Haarde Haarde told The Associated Press that Iceland - whose banking sector collapsed under the weight of the credit crunch in October - will need $4 billion in addition to the $2 billion loan package announced by the International Monetary Fund.

Popeyes expands menu, gets back to Louisiana roots
The new menu items include a Big Easy Chicken Sandwich and a Big Easy Chicken Bowl, which combines red beans and rice, pulled chicken, Cajun gravy and shredded cheeses. Prices vary by location for the sandwich. The bowl will be offered for a limited time at $3.49.

Whirlpool to cut 5,000 jobs by end of 2009
The nation's largest home appliance maker also reported that its earnings fell 7 percent during the third quarter on lower global unit volumes and higher material costs. Whirlpool lowered its earnings outlook for the year.

Newspaper circulation continues to decline rapidly
New figures show sales in the spring and summer fell almost 5 percent from the previous year, deepening the financial strain on the industry. The drop occurred nearly across the board during the six months that ended Sept. 30.

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