First Look: Zoo Atlanta opens its newest event space, Savanna Hall

The historic building that once housed the Cyclorama has opened as Zoo Atlanta’s newest event venue, Savanna Hall.

The renovated space overlooks the zoo’s newest exhibit, the African Savanna which opened last August. The space provides a unique opportunity to showcase the zoo and its mission, according to Zoo Atlanta President and CEO Raymond B. King.

“Our hope is that Savanna Hall will attract many new guests who might not otherwise have thought of visiting the Zoo, bringing new friends and advocates…


Atlanta Business Journal
First Look: Zoo Atlanta opens its newest event space, Savanna Hall

Macy's moving headquarters to New York City

Macy’s Inc. is closing its downtown Cincinnati headquarters, which has 500 employees, the Business Courier has learned.

The company’s headquarters will be in New York City. Some of the employees will be relocated within the region and elsewhere, while other jobs are being lost.

Employees were informed Tuesday afternoon.

Atlanta Business Chronicle reported Monday that Macy’s could be on the verge of announcing a major expansion of its technology division in Atlanta.

Macy’s (NYSE: M) has slowly…


Atlanta Business Journal
Macy's moving headquarters to New York City

Atlanta Falcons moving on from Vic Beasley Jr

One of the main priorities for the Atlanta Falcons this offseason is improving their pass rush.

This is reinforced by their decision to not resign former eighth overall draft pick Vic Beasley Jr.

The Falcons announced Monday that they would not be negotiating on a new deal to retain Beasley, making him an unrestricted free agent when the league year starts on Mar. 18. Beasley played on the final year of his rookie deal this past season — a fifth-year option which paid him $12.8 million.

Beasley,…


Atlanta Business Journal
Atlanta Falcons moving on from Vic Beasley Jr

CenterState Bank to merge with South Carolina bank in $6 billion deal

CenterState Bank is merging with South Carolina’s South State Bank in a $6 billion deal.

The combined bank, which will operate as South State Bank and be based in Winter Haven, will have $34 billion in assets and $26 billion in deposits. Though the headquarters will remain in Florida, the bank will maintain a significant presence in Columbia and Charleston, South Carolina; Charlotte, North Carolina; and Atlanta.

The new bank will trade under the South State ticker symbol SSB on the Nasdaq.

CenterState…


Atlanta Business Journal
CenterState Bank to merge with South Carolina bank in billion deal

Truist execs outline top priorities as bank continues to combine operations

Questions remain on how Truist Financial Corp.’s (NYSE: TFC) continued integration will play out, but executives were overwhelmingly positive on today’s investor call. Charlotte-based Truist released its first quarterly earnings report this morning, exceeding analysts’ expectations.

Winston-Salem’s BB&T Corp. and SunTrust Banks Inc. of Atlanta merged on Dec. 6, forming the nation’s sixth-largest bank and establishing a corporate headquarters in Charlotte. The earnings results drew from BB&T’s numbers…


Atlanta Business Journal
Truist execs outline top priorities as bank continues to combine operations

Automotive Minute: 2020 Venue continues Hyundai's transformation

Hyundai continues to impress and its latest effort, the 2020 Hyundai Venue, is no exception to that rule. The company, once known for low prices and low quality has transformed itself into one of the better mass market automobile manufacturers in the modern marketplace.

The Venue is the smallest Hyundai SUV sold, slotting below the bigger Palisade, Tucson, Santa Fe, and Kona. It competes directly with the Nissan Kicks, Chevrolet Trax, and Ford EcoSport. The forthcoming Kia Seltos and Chevrolet Trailblazer…


Atlanta Business Journal
Automotive Minute: 2020 Venue continues Hyundai's transformation

Second Atlanta Wahlburgers restaurant opening soon

The Wahlberg bros are about ready to debut their second Atlanta restaurant.

Wahlburgers, the growing burger chain dreamed up by actors Mark and Donnie and chef Paul, will open its downtown location next Tuesday, Feb. 4, at 218 Peachtree St. NE. It will be the second Wahlburgers to open in the state of Georgia. The first landed at Cobb County’s Battery development in 2017.

Wahlburgers downtown recently hosted a VIP preview event with Mark and Paul Wahlberg in attendance. Other notable guests included…


Atlanta Business Journal
Second Atlanta Wahlburgers restaurant opening soon

Cox picks 3 Atlanta startups for inaugural Techstars Social Impact Accelerator

Cox Enterprises announced Monday the inaugural class of Techstars Social Impact Accelerator, a three-month program in Atlanta designed to provide mentoring, funding and global connections for 10 for-profit social impact startups.

Three out of the 10 startups selected are based in Atlanta: Make Music Count, Civic Dinners and EnMass Energy.

Each company selected will receive mentorship from Cox business leaders and experts to help entrepreneurs bring their ideas to market, grow their networks…


Atlanta Business Journal
Cox picks 3 Atlanta startups for inaugural Techstars Social Impact Accelerator