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Latest from J. Scott Trubey

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Cox Enterprises to sell majority stake in TV stations to Apollo
 Cox Enterprises on Friday announced a deal to sell a majority stake in its portfolio of 14 television stations, including WSB-TV/Channel 2 Action News, to an international investment firm. The TV properties will become part of a new media company headquartered in Atlanta.  Investment funds affiliated with Apollo Global Management will...

Posted: 2 days ago

Cox Enterprises on Friday announced a deal to sell a majority stake in its portfolio of 14 television stations, including WSB-TV/Channel 2 Action News, to an international investment firm. The TV properties will become part of a new media company headquartered in Atlanta.  Investment funds affiliated with Apollo Global Management will...
What does Amazon’s decision to ditch New York mean for Atlanta?
 Could New York’s loss be Atlanta’s gain?  On Thursday, the hearts of economic developers in Atlanta and across the country likely skipped a beat with the stunning news that Amazon was abandoning plans to add 25,000 jobs in New York City. In the announcement, which hit the airwaves just before noon, Amazon said it didn&rsquo...

Posted: 2 days ago

Could New York’s loss be Atlanta’s gain?  On Thursday, the hearts of economic developers in Atlanta and across the country likely skipped a beat with the stunning news that Amazon was abandoning plans to add 25,000 jobs in New York City. In the announcement, which hit the airwaves just before noon, Amazon said it didn&rsquo...
Former Reed official charged with violating open records law
 The press secretary for former Atlanta Mayor Kasim Reed has been cited for allegedly violating the Georgia Open Records Act in the first-ever criminal complaint filed in connection with the law, the state attorney general’s office announced Monday. Jenna Garland, 34, the press secretary during  Reed’s second term, is accused of...

Posted: 6 days ago

The press secretary for former Atlanta Mayor Kasim Reed has been cited for allegedly violating the Georgia Open Records Act in the first-ever criminal complaint filed in connection with the law, the state attorney general’s office announced Monday. Jenna Garland, 34, the press secretary during Reed’s second term, is accused of...
Atlanta loses two big corporate HQs, but city remains a magnet
 In the waning days of the Great Recession, Atlanta celebrated news that sparked hope for better times. Not one, but two Fortune 500 companies announced they would move their headquarters to the metro area, bringing a jolt of good-paying jobs and confirmation of Georgia’s economic promise. Ten years later, 2019 has opened with a brutal...

Posted: 8 days ago

In the waning days of the Great Recession, Atlanta celebrated news that sparked hope for better times. Not one, but two Fortune 500 companies announced they would move their headquarters to the metro area, bringing a jolt of good-paying jobs and confirmation of Georgia’s economic promise. Ten years later, 2019 has opened with a brutal...
Charlotte notches another win over Atlanta in bank wars
 Back in 1994, when college basketball’s Final Four tournament came to Charlotte, N.C., pop-up restaurants and bars were set up downtown, former Mayor Pro Tem Lynn Wheeler said. Vacant buildings were temporarily fronted by cardboard facades, almost like a movie set. The city wanted to give a sense of hustle and bustle, she recalled....

Posted: 8 days ago

Back in 1994, when college basketball’s Final Four tournament came to Charlotte, N.C., pop-up restaurants and bars were set up downtown, former Mayor Pro Tem Lynn Wheeler said. Vacant buildings were temporarily fronted by cardboard facades, almost like a movie set. The city wanted to give a sense of hustle and bustle, she recalled....
SunTrust combination with BB&T means changes for customers
 Bank mergers often shake customers out of their inertia in search of a better deal, something Atlanta’s SunTrust and Winston-Salem’s BB&T have to consider after their mega-combination. Mergers that create bigger banks tend to lead to some shifts consumers won’t like: branch closings, longer wait times and potentially less...

Posted: 9 days ago

Bank mergers often shake customers out of their inertia in search of a better deal, something Atlanta’s SunTrust and Winston-Salem’s BB&T have to consider after their mega-combination. Mergers that create bigger banks tend to lead to some shifts consumers won’t like: branch closings, longer wait times and potentially less...
SunTrust merger with BB&T means another bank HQ leaving for Charlotte
 SunTrust Banks, the last great link to Atlanta’s past as a national banking power, announced Thursday it will merge with Winston-Salem, N.C.-based rival BB&T to create the sixth-largest bank in the U.S., in a marriage that will cost Georgia a Fortune 500 headquarters. The combined bank, valued by the companies at $66 billion, will be...

Posted: 9 days ago

SunTrust Banks, the last great link to Atlanta’s past as a national banking power, announced Thursday it will merge with Winston-Salem, N.C.-based rival BB&T to create the sixth-largest bank in the U.S., in a marriage that will cost Georgia a Fortune 500 headquarters. The combined bank, valued by the companies at $66 billion, will be...
Southlake Mall in Clayton County sold to New York owners
 Southlake Mall in Clayton County has been sold to a joint venture between two New York real estate companies. CityView Commercial LLC and Jacobs Real Estate Advisors in January acquired the 100-acre property in Morrow, about 15 miles south of downtown Atlanta, from Vintage Capital Group of Los Angeles, according to a news release. The two-level...

Posted: 10 days ago

Southlake Mall in Clayton County has been sold to a joint venture between two New York real estate companies. CityView Commercial LLC and Jacobs Real Estate Advisors in January acquired the 100-acre property in Morrow, about 15 miles south of downtown Atlanta, from Vintage Capital Group of Los Angeles, according to a news release. The two-level...
U.S. Attorney suggests cooperation lacking in Atlanta City Hall probe
 U.S. Attorney Byung J. “BJay” Pak said Monday his office won’t “take shortcuts” in its corruption investigation of Atlanta City Hall, and suggested Keisha Lance Bottoms’ administration has provided less than full cooperation in a probe that pre-dates her term as mayor. The federal investigation, which dates...

Posted: 12 days ago

U.S. Attorney Byung J. “BJay” Pak said Monday his office won’t “take shortcuts” in its corruption investigation of Atlanta City Hall, and suggested Keisha Lance Bottoms’ administration has provided less than full cooperation in a probe that pre-dates her term as mayor. The federal investigation, which dates...
Atlanta boosts cell capacity to keep Super Bowl fans connected
 It’s Super Bowl week, and about the only thing worse than a dropped pass in the end zone on Sunday might be dropped calls or spotty internet service. In the ramp up to the big game, major telecommunications companies and broadband providers have spent millions of dollars making permanent and temporary upgrades to their networks...

Posted: 16 days ago

It’s Super Bowl week, and about the only thing worse than a dropped pass in the end zone on Sunday might be dropped calls or spotty internet service. In the ramp up to the big game, major telecommunications companies and broadband providers have spent millions of dollars making permanent and temporary upgrades to their networks...
NFL and partners renovate Westside Park as part of Super Bowl project
 NFL Commissioner Roger Goodell, Atlanta Falcons owner Arthur Blank and Mayor Keisha Lance Bottoms on Thursday celebrated the renovation of a park in the historic Vine City neighborhood, a gift commemorating Super Bowl 53. The NFL Foundation, the Atlanta Super Bowl Host Committee and the Arthur M. Blank Family Foundation are among supporters...

Posted: 16 days ago

NFL Commissioner Roger Goodell, Atlanta Falcons owner Arthur Blank and Mayor Keisha Lance Bottoms on Thursday celebrated the renovation of a park in the historic Vine City neighborhood, a gift commemorating Super Bowl 53. The NFL Foundation, the Atlanta Super Bowl Host Committee and the Arthur M. Blank Family Foundation are among supporters...
Georgia’s ports shake off trade worries and post record year
 Georgia’s sea ports shook off fears of global trade tensions and the early days of the partial government shutdown to post another record year of freight traffic in calendar year 2018, a sign the economy remains sound despite recent turmoil. Georgia’s inland and coastal ports are vital cogs in the state’s economy, and...

Posted: 18 days ago

Georgia’s sea ports shook off fears of global trade tensions and the early days of the partial government shutdown to post another record year of freight traffic in calendar year 2018, a sign the economy remains sound despite recent turmoil. Georgia’s inland and coastal ports are vital cogs in the state’s economy, and...
Super Bowl 53: Tuesday’s 5 faces in an Atlanta crowd of thousands
 Carlos Serrano is little bit of a rebel.  Just about everyone he knows: friends, neighbors, extended family, are die-hard soccer fans. But he’s working on winning them over to the American version of football. He persuaded a group to drive from the suburbs into downtown Atlanta to take part in Super Bowl LIII festivities on Sunday...

Posted: 19 days ago

Carlos Serrano is little bit of a rebel.  Just about everyone he knows: friends, neighbors, extended family, are die-hard soccer fans. But he’s working on winning them over to the American version of football. He persuaded a group to drive from the suburbs into downtown Atlanta to take part in Super Bowl LIII festivities on Sunday...
Old neighborhoods around Mercedes-Benz Stadium remain work in progress
 Atlanta Falcons owner Arthur Blank and city leaders made many promises in 2013 about what would become the $1.5 billion Mercedes-Benz Stadium, home to Sunday’s Super Bowl. For $200 million in upfront public financing, and several hundred million more taxpayer dollars for upkeep for three decades, the new stadium would help Atlanta land...

Posted: 19 days ago

Atlanta Falcons owner Arthur Blank and city leaders made many promises in 2013 about what would become the $1.5 billion Mercedes-Benz Stadium, home to Sunday’s Super Bowl. For $200 million in upfront public financing, and several hundred million more taxpayer dollars for upkeep for three decades, the new stadium would help Atlanta land...
APS chief objects as Fulton offers millions in development incentives
 For much of her first meeting as a board member of the Development Authority of Fulton County, Meria Carstarphen stood alone. Carstarphen, the superintendent of the Atlanta Public Schools, was the sole no vote four times Tuesday, opposing final and preliminary awards of more than $95 million in tax breaks for proposed real estate developments...

Posted: 24 days ago

For much of her first meeting as a board member of the Development Authority of Fulton County, Meria Carstarphen stood alone. Carstarphen, the superintendent of the Atlanta Public Schools, was the sole no vote four times Tuesday, opposing final and preliminary awards of more than $95 million in tax breaks for proposed real estate developments...
Two growing tech firms to add jobs in metro Atlanta
 Two technology firms on Thursday announced plans to expand their operations in metro Atlanta, creating more than 100 jobs. OneLogin, a technology security company, plans to add 50 new jobs in Gwinnett County. Smarp, a digital content firm that focuses on internal communications,, sales and marketing, plans to relocate its North American headquarters...

Posted: 30 days ago

Two technology firms on Thursday announced plans to expand their operations in metro Atlanta, creating more than 100 jobs. OneLogin, a technology security company, plans to add 50 new jobs in Gwinnett County. Smarp, a digital content firm that focuses on internal communications,, sales and marketing, plans to relocate its North American headquarters...
Reed aide who collapsed in court has sentencing hearing rescheduled
 The former city of Atlanta official who collapsed in federal court this week after learning she will spend nearly two years in prison for accepting bribes is scheduled to complete her sentencing later this month. Katrina Taylor-Parks, who was deputy chief of staff to then-Mayor Kasim Reed, is slated to return to court Jan. 28. Taylor-Parks...

Posted: 30 days ago

The former city of Atlanta official who collapsed in federal court this week after learning she will spend nearly two years in prison for accepting bribes is scheduled to complete her sentencing later this month. Katrina Taylor-Parks, who was deputy chief of staff to then-Mayor Kasim Reed, is slated to return to court Jan. 28. Taylor-Parks...
Fiserv to buy First Data in $22B deal, but Atlanta impact not clear
 Two of the nation’s biggest financial technology companies are joining forces in a $22 billion merger that could have major ramifications for metro Atlanta. Wisconsin-based Fiserv announced Wednesday it will acquire Sandy Springs-based First Data in an all-stock transaction that will create what Fiserv CEO Jeff Yabuki called the...

10:34 PM Wednesday, Jan. 16, 2019

Two of the nation’s biggest financial technology companies are joining forces in a $22 billion merger that could have major ramifications for metro Atlanta. Wisconsin-based Fiserv announced Wednesday it will acquire Sandy Springs-based First Data in an all-stock transaction that will create what Fiserv CEO Jeff Yabuki called the...
Kasim Reed’s former aide collapsed during her sentencing. Now what?
 Katrina Taylor-Parks, a top aide to former Atlanta Mayor Kasim Reed, was in the middle of being sentenced for taking bribes from a vendor when she collapsed and was taken by ambulance to a hospital Monday afternoon. The chaotic interruption in federal court left uncertain when Reed’s former deputy chief of staff will officially be sentenced...

11:10 PM Tuesday, Jan. 15, 2019

Katrina Taylor-Parks, a top aide to former Atlanta Mayor Kasim Reed, was in the middle of being sentenced for taking bribes from a vendor when she collapsed and was taken by ambulance to a hospital Monday afternoon. The chaotic interruption in federal court left uncertain when Reed’s former deputy chief of staff will officially be sentenced...
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