Monday, October 27, 2008

Business: ATL inventor breaks through again

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Invention called 'stunning insight'
My Opinion
Thomas Oliver: Free market needs to be politics-free.

No cutbacks on Perdue pet 'Go Fish' project
Amid state employee furloughs and calls for massive spending cuts, work is set to begin this week on the $23 million Go Fish Center down the road from Gov. Sonny Perdue's home in Houston County. Discuss.
 
Super Soaker inventor breaks through again
 Lonnie Johnson, 59, the Atlanta man still known as Mr. Squirt Gun, unveils his latest invention that appears to do the impossible: generating electricity with no fuel and no moving parts.

Engineers of growth share election concerns
Small businesses are considered the backbone of the nation's economy, and many owners in metro Atlanta are worried about the same things in the upcoming elections: the economy, taxes, health care. Read what some of them have to say.

AJC reader audience rises
The Atlanta Journal-Constitution's combined reader audience in print and online rose 3.4 percent from a year ago, even as print circulation declined, the company said Friday.

Sinking home values ripple
Tumbling real estate values in metro Atlanta will cut both ways in coming months, with many property owners likely due substantial tax breaks at the expense of already cash-starved local governments.

Bankruptcy filings surge in N. Ga.
As of Friday, 283 companies and their affiliates had filed for Chapter 11 protection from creditors in Georgia's Northern District, which has offices in Atlanta, Gainesville, Newnan and Rome.
Feds paving way  to reopen closed Alpha Bank as Stearns

Stocks fall at open
 News that the Treasury plans to start distributing money to major banks this week is offering investors some room for optimism, even as economic worries remain. But investors are worried that the credit crisis has hurt the world's economy.
Treasury begins distributing cash to banks | Fed may lower rates again
Wall Street workers leaving NYC for fresh start
 
Cheap-seats fans getting a break
With stocks plunging and a steady drumbeat of layoffs, bankruptcies and foreclosures, sales efforts such as variable pricing, pay-as-you-go plans, package deals and even mandated cheap seats are growing in pro sports arena. And they're likely to only get more popular.

IMF director to keep his job despite affair
The IMF board issued a statement late Saturday saying that the actions of IMF Managing Director Dominique Strauss-Kahn, who had an affair with a married subordinate, were "regrettable and reflected a serious error of judgment."

Barnes & Noble starts social networking Web site
The superstore chain today launched "My B&N," where online shoppers can set up personal pages focusing on their interests in books, film and music. They can also share information with Facebook and other social networks.

Huffington and Brown: Paths intertwine in the blog thicket
Arianna Huffington and Tina Brown are two powerful women on opposite coasts running competing Web sites. Ms. Brown's new The Daily Beast site aims to capitalize on her knack for tastemaking. Ms. Huffington's site, The Huffington Post, is already one of the Web's biggest success stories.

Calphalon launches new electric cookware line
Rolling out a line of higher-end kitchenware might not seem like a good move at a time when consumers are being urged to cut spending. Then again, the new frugality could prompt them to spend more time in their own kitchens, where they'll want to use quality equipment.

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