Charleston hopes to deepen its port to 52 feet

The port of Charleston — the main maritime rival for Georgia’s main port of Savannah — hopes to deepen its harbor to 52 feet to better handle the next generation of super-sized containers ships.

The U.S. Army Corps of Engineers released Tuesday a draft proposal to gouge another seven feet from Charleston’s harbor. A final decision on the $509 million project isn’t expected until 2019, at the earliest.

Georgia, meanwhile, will sign off Wednesday on its long-awaited deepening plan to lower the Savannah River’s depth by 5 feet to 47 feet. The $706 million project could get underway this year.

Gov. Nathan Deal, U.S. Sen. Johnny Isakson, Atlanta Mayor Kasim Reed and other dignitaries are expected Wednesday to tout the deepening Wednesday in Locust Grove. The state and the corps will sign a joint partnership agreement delineating each side’s engineering and financial responsibilities.

Home Depot cuts outlook amid housing slump and consumer uncertainty

Home Depot said its net income dipped to $3.6 billion during the third quarter, down 1.3% from the same period last year.

Global software firm announces Atlanta expansion with 250 new jobs

Sales software company Salesforce announced Tuesday it will invest $15 million to expand its Georgia operations, adding 250 new jobs to Fulton County by the end of 2028.

Downtown Atlanta’s Hotel Phoenix takes flight, sets opening date

The opening comes as Centennial Yards and its parent, CIM Group, push ahead on several key projects across the 50-acre site, the largest project the city has seen in decades.

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An Atlanta resident has bequeathed WABE a $3 million donation, the largest one-time individual donation in the nonprofit media operation’s 76-year history.

Usher sues business partners over failed Buckhead restaurant plan

Atlanta singer Usher wants his money back after loaning $1.7 million to music producer Bryan-Michael Cox and others to buy a Buckhead restaurant property for $6.3 million.

Braves’ original ‘Freeze’ is retired. But you probably still can’t catch him.

As the Atlanta Braves prepare to find their next sprinting mascot, Nigel Talton is enjoying his new career coaching high school athletes at McEachern High.