New housing starts up

Housing starts for single family homes nationwide increased 3.2 percent in May, the Mortgage Bankers Association reported Tuesday.

Multi-family starts, which had surged in recently, were down from 236,000 units in April to 179,000 in May.

The number of new building permits issued, a strong indicator of future construction, were up 4 percent for single family homes in May.

--Christopher Quinn

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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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Donor leaves WABE $3 million, largest individual gift in station’s history

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.