Category Archives: Business


Cathay Pacific Airways losses double after rising fuel costs and relentless competition

Cathay Pacific’s losses more than doubled last year because of rising fuel costs and relentless competition from rival carriers, the Hong Kong airline said Wednesday. The airline posted a 1.26 billion Hong Kong dollar ($218 million) loss for 2017, compared with a HK$575m loss the year before. Revenue rose 5 per cent. “Fundamental structural changes within the airline industry continued to create a challenging operating environment for our airline businesses,”… Read Article →


After trial in Tampa, Walmart begins nationwide grocery delivery

TAMPA — After using Tampa Bay as one of its test areas for delivery, Walmart has begun offering grocery drop-offs to homes and businesses across the country. The super chain said it plans for its delivery platform to reach more than 100 metro areas — 40 percent of the country — by the end of the year. Stores that already offer grocery pick-up will be the first to unroll delivery…. Read Article →


MollerTech opens $46.3 million plant in Bibb County

German auto supplier MöllerTech cut the ribbon today on its $46.3 million plant in Woodstock, with a promise of eventually hiring 222 employees. The opening came about almost 16 months after the company announced it would build in Bibb County. Since then, Mercedes-Benz began its own projects next door at the Scott G. Davis Industrial Park. The auto maker is building a new Global Logistics Center and an after-sales North American hub in… Read Article →

self-driving vehicle

Why the liquor industry wants to get self-driving cars on the road

Automakers and tech firms have long been the ones hustling to get self-driving cars on the street. But they’ve lately been joined by a surprise ally: America’s alcohol industry. In recent weeks, two industry groups — one representing wine and liquor wholesalers, and another representing large producers — have thrown their weight behind coalitions lobbying to get autonomous vehicles on the road faster. Inherent in their support, analysts say, is… Read Article →