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| |  | Retailers' holiday outlook grim
| Two iconic small metro businesses shut down
On Thursday, Bob Carroll Appliance Co., a fixture in Decatur for decades, sat empty. And Happy Herman's, a gourmet take-out joint and quick-serve lunch counter that had been on Cheshire Bridge Road since 1948, also was dark.
•Flowers bakes up 22 percent profit increase
Credit crunch delays Emory Point project
Emory Point, which is to have apartments, condominiums and retail adjacent to Emory University, was supposed to get underway this quarter. But Gables Residential, the developer of 275 apartments in the project's first phase, has not yet found financing.
Gwinnett County to cut 93 jobs
The cuts are the result of the sagging economy and are intended to be the first steps in a comprehensive services and cost management review program aimed at cutting ongoing expenses by $35 million, county officials said.
Atlanta a Top 10 retirement destination
The metro area ranks ninth among top U.S. cities where affordable housing, low cost of living and decent job prospects loom large for retirees. Columbus, Ohio, ranked No. 1, followed by Dallas, Minneapolis, Houston and Salt Lake City.
 Georgia bankers weigh pros, cons of federal cash
About 100 bankers are expected to attend a workshop in Atlanta on today to explore the pros and cons of selling a stake in their companies to the U.S. Treasury.
Delta's passenger traffic down 2.2 percent in October
The decline included drops of more than 17 percent in domestic regional carrier traffic and more than 50 percent in Latin America regional carrier traffic. The airline's planes were 81.6 percent full in October, a record for the month.
•Delta to offer direct Paris flights from Raleigh, Pittsburgh
Obama meeting today with economic advisers
President-elect Barack Obama is seeking some economic advice from leaders of business, government and academia, making the struggling economy - the nation's No. 1 concern - his first order of public business.
•Automakers and union seek help from Pelosi
U.S. jobless rate hits 14-year high
The nation's unemployment rate jumped to 6.5 percent in October as another 240,000 jobs were cut, stark proof the economy is almost certainly in a recession. The new snapshot, released today by the Labor Department, showed the crucial jobs market deteriorating at an alarmingly rapid pace.
Survey: Americans buying fewer Christmas gifts
Among those who plan to spend less on gifts this year, only 23 percent are doing so on their pets, according to a survey released Thursday by Consumer Reports. The vast majority (84 percent) said they plan to cut back spending on themselves.
•Retailers see a broad slowdown ahead of holidays
Slowdown begins to show at stalwart Disney
The Walt Disney Company reported a 13 percent decline in quarterly earnings on weakness in nearly every part of its empire. |
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