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North Fulton Chamber to hold gala at St. Regis

North Fulton Chamber to hold gala at St. Regis

ATLANTA -- The Greater North Fulton Chamber of Commerce will hold this year's Chairman's Gala at the St. Regis Atlanta in Buckhead.

Northside Hospital is the title sponsor of the event, which will be on Saturday, Mar. 23 at 6 p.m.

Festivities include a cocktail reception, dinner, dancing and music from the Atlanta Soul Band. The gala is a black-tie optional event.

Several awards are scheduled to be presented at the gala, including the Harry Rucker Junior Volunteer of the Year Award, the Pioneer Award, the Board Member of the Year Award and the Ambassador of the Year Award.

Call 678-397-0556 to learn more or buy tickets.

The St. Regis Atlanta is located at 88 West Paces Ferry Road NW.

Coke partners with Firehouse Subs for national contest

Coke partners with Firehouse Subs for national contest

ATLANTA -- Coca-Cola and Firehouse Subs are partnering for a national sweepstakes centered on stock car racing.

Coca-Cola is sponsoring the Coca-Cola Photo Finish sweepstakes at Firehouse Subs locations through Apr. 21.

During the contest, life-size cutouts of participating Coca-Cola Racing Family members will be placed in FIrehouse Subs locations. Firehouse Subs guests can snap a photo with the cutout and submit it to win. Guests can submit photos via text to cocacolaphotofinish.com, or entries can be mailed.

Participating drivers include Joey Logano, representing the Georgia and Gulf region; Greg Biffle, representing the West and Central region; Danica Patrick, representing the Florida region; Denny Hamlin, representing the South region; and Tony Stewart, representing the Mid-Atlantic region.

Sam's Club, Business Savings Expo offer savings to Atlanta-area small businesses

Sam's Club, Business Savings Expo offer savings to Atlanta-area small businesses

ATLANTA -- Many Sam's Club locations near Atlanta are taking part in the Business Savings Expo through Sunday, February 17, where small businesses can get extra savings on items for their companies.

A spokeswoman for the Expo reported that savings can reach $2,500, and apply to 200 items which help business owners save more. The savings are offered at checkout, no coupons or rebates are needed. 

"Sam's Club wants to provide local business owners with the tools and goods they need to lead each day with increased confidence and optimism," Betty Marshall, vice-president for Sam's Club southeast operations said. "Everyday our associates strive to positively impact and serve small business members, who are so important to the fabric and success of our country. We hope by offering savings atop low prices that Sam's Club can contribute to increased small business success in 2013."

The nearby stores offering the savings include: 

 

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. 

Avalon to break ground Jan. 28

Avalon to break ground Jan. 28

ALPHARETTA, Ga. -- Avalon, a new mixed-use project coming to Alpharetta, is counting down the days until it breaks ground.

Demolition and site work will begin Jan. 28, according to the project's Facebook page.

The old parking structure will be "history," says the post. The project's Twitter feed is going so far as to ask people how it should be done: "Should we use a wrecking ball or excavator? You vote."

Avalon is a $600 million development planned at Ga. 400 and Old Milton Parkway.

Phase One will include 389,000 square feet of retail, 250 multi-family units, 101 single-family units and 83,000 square feet of office space, according to previous reports.

Macy's closing 6 underperforming stores around U.S.

ATLANTA (WXIA) - Macy's announced this week that they are closing six stores across the nation, in what the retailer said was a part of a normal review of business. None of the stores closing are in Georiga.

The stores closing include a Bloomingdale's Fashion Show Home Store in Las Vegas, and Macy's stores in Paseo, Colo., Belmont, Mass., Honolulu, St. Paul and Houston.

After the closings the chain will operate 798 stores in 45 states, including the Macy's Central division flagship store at Lenox Square. In Georgia, Macy's also has full-service stores at North Point, Athens, Cumberland, Greenbriar, Northlake, Perimeter, Augusta, Mall of Georgia, Columbus, North DeKalb and South DeKalb Malls, Arbor Place, Town Center, Stonecrest, Southlake, Savannah and Macon. There is one Bloomingdale's location in Lenox Square, and Macy's Furniture locations in Duluth, Alpharetta, at Town Center and at Perimieter Mall.

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.