RockTenn reports record profit

RockTenn, the Norcross-based paperboard and packaging maker, reported a record profit in the fiscal third quarter despite a drop in sales.

The company, which offset the sales decline through cost containment measures, reported earnings per share of $2.24 compared with 49 cents in the year-ago quarter. The results include charges related to an alternative fuel tax credit, which expires in December.

Excluding that charge, RockTenn said it earned $1.44 per share in the quarter, compared with 70 cents for the same period last year.

-- Péralte C. Paul

Atlanta’s short-term rentals are starting to fill up for the World Cup

Airbnb is predicting about 6,000 guests will stay with Atlanta hosts during the World Cup, representing about 45,000 guest nights.

Paramount makes hostile bid for Warner Bros., including CNN, Turner networks

Days after Netflix announced its plans to acquire the storied Hollywood institution’s studio and streaming businesses, Paramount has launched an all-cash offer.

Medical company announces expansion in Columbus with 480 jobs

A medical logistics company that makes health care kits announced an expansion plan for its Columbus operations, which will add 480 new jobs to the region.

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