Friday, November 21, 2008

Business: NYU allowing Coke back on campus?

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W Buckhead GM says creative packages help wow hotel guests
Metro hotels cut rates, add freebies
As the economy worsens, the usual hotel guest packages, like tickets to the Georgia Aquarium or a day of golf at select courses, are being joined by free food, spa treatments or discounts at favorite retailers as a way to make a hotel more attractive.

NYU considers allowing Coke back on campus
New York University dropped Coke products in December 2005 from vending machines and other campus outlets. It was one of the more high-profile institutions to take action as a result of a broader effort by a labor activist group, Campaign to Stop Killer Coke.

Hartsfield predicts 5 percent drop in Thanksgiving traffic
Because of the strained economy, many airlines have cut back flight schedules by 10 percent or more. And while the reductions haven't been as large in Atlanta, Delta and AirTran have still cut back at Hartsfield-Jackson.

FDIC's Atlanta office is in hiring mode
As companies across Georgia shed jobs by the thousands, at least one organization is doing some serious hiring. The federal bank regulator and insurer, is ramping up staffing to cope with a banking crisis that has hit the Southeast particularly hard.

Potential Hawks buyer's finances would've concerned NBA
Whether Texas businessman David McDavid had enough cash on hand to support the money-losing Hawks would have been a concern for the National Basketball Association had the league received his application to buy the team, an NBA executive testified Thursday.

Atlanta firms keep lid on health care costs
A nationwide survey by consulting firm Mercer found that while U.S. employers saw their health costs rise by 6.3 percent this year, employers in Atlanta had just a 2.6 percent increase.

Stocks open higher after steep sell-off
Wall Street experienced some relief early today following a report that a pounded-down Citigroup Inc. might put itself up for sale. That prospect, along with some bargain-hunting after two days of steep selling, sent stocks higher in early trading.

Foreclosures halted for holidays
Officials at mortgage finance companies Fannie Mae and Freddie Mac are suspending foreclosures for about 16,000 households during the holiday season - between Nov. 26 and Jan. 9, while they evaluate whether borrowers qualify for a new loan modification program.
Stocks drop again | Your Money

Bush signs jobless benefits extension
With no end in sight to economic bad news, President George W. Bush today ensured that millions of laid-off workers will keep getting their unemployment checks as the year-end holidays approach.

Wal-Mart names its next chief executive
The world's largest retail chain announced today that Michael T. Duke, 58, has been chosen as the next chief executive and president, succeeding H. Lee Scott Jr. Duke will take over the post on Feb. 1.

Actor Bruce Willis wants cash back from Malaysia company
A Malaysian technology conglomerate pledged today to repay $900,000 to Hollywood star Bruce Willis, but denied any wrongdoing after he took legal action to demand a refund of his investment.
DVDs, Hollywood's profit source, are sagging

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