Our network

Business

U-Haul ranks Atlanta No. 26 growth city

U-Haul ranks Atlanta No. 26 growth city

(ATLANTA BUSINESS CHRONICLE) -- U-Haul International, Inc. ranks Atlanta No. 26 on its annual U-Haul National Migration Trend Report released Friday that measures the nation's top growth areas for families that moved during the past year. 

Pittsburg takes the top spot with the highest percentage of growth, U-Haul said. 

"The report, reflective of growth patterns in the United States during 2012, was complied based on nationwide trends in cities of all sizes and reflects communities with more than 5,000 families moving in or out of the area," said John "J.T." Taylor, president, U-Haul International, Inc.

"Growth cities were then determined by calculating the percentage of inbound moves vs. outbound moves for each area," Taylor added.

The U-Haul 2012 Top U.S. Growth Cities Report was compiled from more than 1.6 million U-Haul one-way truck transactions, the company said. 

Perimeter Business Expo to return in 2013

Perimeter Business Expo to return in 2013

DUNWOODY, Ga. -- The second annual Greater Perimeter Business Expo will be held Thursday, May 2.

The Dunwoody and Sandy Springs/Perimeter chambers of commerce have teamed up to bring back the expo, which was enormously popular in its inaugural year.

More than 100 businesses are expected to participate in the event, which is presented in a trade show-like environment.

"Last year's Greater Perimeter Business Expo was a great way to connect with other local businesses, create awareness and engage new clients. We definitely want to exhibit again," Victoria Ishee, director of business development at Digital Corporation, said in a statement.

Visit gpbe.org to sign up your business for booth space.

The expo will be held from 8:30 a.m. to 4 p.m. May 2 at the Crowne Plaza Ravinia, which is located at 4355 Ashford Dunwoody Road in Dunwoody. Admission and parking are free.

Bank of America adds 35 small biz bankers in Atlanta

Bank of America adds 35 small biz bankers in Atlanta

ATLANTA -- Bank of America Corp. reported Wednesday it hit its target of hiring more that 1,000 small business bankers in 2012, including 35 in Metro Atlanta.

The Charlotte, N.C.-based bank said it extended $280.2 million in credit to Georgia small businesses and $8.7 billion nationally last year. The $8.7 billion was an increase of 28 percent over 2011.

It recently reported net income of $2.8 billion for 2012. It also saw its head count shrink by about 5,000 employees to 267,190 in the fourth quarter, evidence that BofA is still trimming staff levels as it works to lower its expenses. Branches also continued to close, with BofA reporting 5,478 banking centers across its U.S. franchise at the end of the year, down from 5,702 centers a year earlier. 

Bank of America is the third-largest bank in metro Atlanta with 145 local branches and $20.4 billion in area deposits for a market share of 17 percent. 

Cobb, DeKalb, Fulton sue HSBC over predatory lending

Cobb, DeKalb, Fulton sue HSBC over predatory lending

ATLANTA -- Three Atlanta-area counties have filed a lawsuit claiming that British bank HSBC engaged in predatory lending that ended up costing them hundreds of millions of dollars.

Cobb, DeKalb and Fulton counties say the bank aggressively signed minorities to housing loans that were likely to fail. The counties say it caused tremendous damage, including extra expenses and lost tax revenue.

The lawsuit says the banks violated the Fair Housing Act, which provides protections against housing or renting policies or practices that discriminate on the basis of race, color, national origin, religion, sex, family status or handicap.

A lawyer for HSBC said he couldn't comment on the lawsuit, which was filed in October. A federal judge has given the bank until Jan. 25 to file a response.

UHY Advisors adds Brenda King as senior manager in Atlanta office

UHY Advisors adds Brenda King as senior manager in Atlanta office

UHY Advisors, Inc. today announced the appointment of Brenda King as Senior Manager.  King will be based in the Atlanta office, serving UHY clients nationwide. She is responsible for developing and implementing continuous improvement activities for UHY clients as part of the Enterprise Optimization team and reports to UHY Advisors’ Managing Director in the southeast, Frank Fenello.

“As our economy struggles to climb out of the recession, companies continue to seek new ways to increase their productivity and profitability,” UHY’s Frank Fenello said.   “Brenda brings more than a decade of exceptional experience in management and continuous improvement, and her joining the UHY Advisors team will be a great asset for our clients.”

Leff’s Atlanta Media launches 'News from the PR Dept.'

Leff’s Atlanta Media launches 'News from the PR Dept.'

Seven Years and Thousands of Updates Later, Leff’s Atlanta Media (www.LeffsAtlantaMedia.com) Continues to Track and Report on Atlanta’s Diverse Media Community

It’s been seven years since Atlanta public relations executive Mitch Leff launched Atlanta’s most comprehensive database of local media, Leff’s Atlanta Media (www.leffsatlantamedia.com), and the site continues to grow.  This month, the site will add a new section, “News from the PR Dept.,” tracking news items of interest to media and public relations professionals.

The new feature will appear on the Leff’s Atlanta Media blog and in the site’s monthly “Mitch’s Media Musings” newsletter and will include:

LittlePINKBook.com holds 8th Annual Fall Empowerment event

LittlePINKBook.com holds 8th Annual Fall Empowerment event

LittlePINKBook.com, the digital platform for career women, hosted its 8th Annual Fall Empowerment Event on November 13. More than 300 professional women attended the luncheon event, at the Atlanta History Center, along with more than 550 unique viewers joining via live stream. Some viewers planned gatherings of 50 or more women and leveraged the event to enhance their own business and networking meetings in cities across the globe.

The executives on the panel candidly answered questions related to their career paths to the C-Suite. Glenda Umaña, anchor at CNN en Español, was the event’s moderator. Read LittlePINKBook.com’s “Top 10 Takeaways” for favorite thoughts shared by the three panelists:

·        Teri List-Stoll, SVP and Treasurer, Procter & Gamble