Michael E. Kanell
The Atlanta Journal-Constitution
Atlanta, GA, United States
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Past articles by Michael:
Derailment disaster a window on American reality of accepting risks
It is always a trade-off, said Gerard Filitti. → Read More
Leadership DeKalb open for applications
Leadership DeKalb is accepting applications for this year’s program. → Read More
Home Depot gives $1 billion in raises to front-line workers
Home Depot, the largest company based in Georgia, saw sales decelerate at the end of last year and has projected little growth for this year, officials said Tuesday. → Read More
Atlanta area cybersecurity giant Secureworks announces layoffs
Metro Atlanta cybersecurity giant Secureworks said Tuesday it would cut nearly one-tenth of its global workforce, citing the need to reduce spending and shift the focus of its business. → Read More
Atlanta area cybersecurity giant Secureworks announces layoffs
Metro Atlanta cybersecurity giant Secureworks said Tuesday it would cut nearly one-tenth of its global workforce, citing the need to reduce spending and shift the focus of its business. → Read More
Homebuyers lured by dip in mortgage rates still higher than a year ago
It wasn’t the price, it was the rate. → Read More
Microsoft’s Westside project has juiced area home values
Home values in Atlanta had been growing for several years, but Microsoft’s 2020 announcement of the project was an accelerant for the Westside. → Read More
PulteGroup reports robust growth to finish 2022; net income up 33%
Atlanta-based PulteGroup on Tuesday reported net income of $882 million for the last quarter of 2022, up 33% from the same period a year earlier. → Read More
Sandy Springs-based Newell plans to cut 13% of its global workforce
Sandy Springs-based Newell Brands, the parent company of Sharpie and Rubbermaid, has announced plans to slash 13% of its workforce, cutting thousands of jobs worldwide. → Read More
Mohawk Industries warns of shortfall; net income down 83% from year before
Mohawk Industries, one of the nation’s premier flooring companies, has warned investors that its sales and profits are taking a beating because of the housing slump of recent months. → Read More
Salesforce cutting 10% of staff; won’t disclose Atlanta impact
Salesforce, a $30 billion-a-year software firm with a hefty Atlanta presence, has announced plans to cut about 10% of its staff and close some of its offices in an effort to slash costs. → Read More
Diesel prices down, but still pinching Georgia truckers
Prices for regular unleaded and diesel have both have fallen since the painful peaks of June, but gas prices now are below their levels of a year ago, while diesel still costs about $1 a gallon more. → Read More
Pulte Group exec fired after founder’s grandson alleges online attacks
PulteGroup has fired one of its top executives after the grandson of the company’s founder charged him with creating online aliases and bots to attack him and the Pulte family. → Read More
Metro Atlanta gas prices fall to lowest levels in more than a year
A six-month decline has brought the price of metro Atlanta gasoline to its lowest level in more than a year, helping to cushion consumer finances through the holiday season. → Read More
Metro Atlanta job growth strong though jobless rate ticks up
Metro Atlanta hiring boomed in October as the region added 25,700 jobs while the region’s economy geared up for its seasonal surge, the Georgia Department of Labor reported. → Read More
Atlanta home sales and prices down as mortgage rates bite
The metro Atlanta housing market has continued to slow, as higher mortgage rates depress prices and sales. → Read More
Coca-Cola will offer buyouts in coming months, number unspecified
Coca-Cola has confirmed reports that it is planning to offer buyouts to some employees as the company moves to cut costs. → Read More
Yet another drop in unemployment; Atlanta job growth still strong
Metro Atlanta hit a record low unemployment rate last month as the region’s job machine churned forward through the headwinds of inflation and higher interest rates. → Read More
Georgia Labor Commissioner candidates clash in debate
Candidates to lead the state Department of Labor pledged to make the agency more efficient while tarring each other with either personal or political bad judgment. → Read More
Atlanta housing market now in recession, expert says
As higher mortgage rates bite harder, the number of metro Atlanta home sales in September fell and the selling prices stopped rising. → Read More