Holeman & Finch restaurant group lays off 325 amid coronavirus closures

With the novel coronavirus pandemic paralyzing the restaurant industry, James Beard award-winning restaurateur Linton Hopkins has temporarily closed his businesses and laid off 325 employees.

“Gina and I built five tiers of [how to handle] this progressing and jumped to Tier 5 in four days,” Hopkins told Atlanta Business Chronicle.

Linton and Gina Hopkins own their eponymous Hopkins & Co. restaurant group. The company operates Holeman and Finch Public House, Holeman and Finch Bottle Shop, four…


Atlanta Business Journal
Holeman & Finch restaurant group lays off 325 amid coronavirus closures

Kia Motors Manufacturing Georgia stops production for 2 days for supply-chain issues

Kia Motors Manufacturing Georgia has cancelled production operations at its huge manufacturing plant in West Point, Ga., for two days due to supply chain issues.

In a statement, KMMG said it had cancelled production operations for March 19 and 20 “due to supply chain issues.”

Normal operations were planned to resume Monday, March 23.

Kia Motors contacts did not immediately respond to emailed questions about the production shutdown.

“KMMG will take the opportunity to perform routine maintenance…


Atlanta Business Journal
Kia Motors Manufacturing Georgia stops production for 2 days for supply-chain issues

Eye disease pharmaceutical company makes change at top permanent

There’s a new face at the head of one of metro Atlanta’s biopharmaceutical companies.

Alpharetta-based Clearside Biomedical Inc. (NASDAQ: CLSD) announced that George Lasezkay has been appointed president and CEO after serving as interim CEO since April 2019.

Lasezkay succeeded Daniel H. White, who resigned as president, CEO and a member of the Clearside board to pursue other opportunities. Lasezkay’s appointment was effective March 1.

Alpharetta-based Clearside Biomedical Inc. also announced…


Atlanta Business Journal
Eye disease pharmaceutical company makes change at top permanent

Microsoft, ICE join $300M investment into Atlanta cryptocurrency exchange

While the world economy hangs in the balance and the Dow Jones enters a bear market, one Atlanta tech company is making bank with crypto.

Bakkt, a cryptocurrency exchange and liquidity provider created by the New York Stock Exchange’s parent company Intercontinental Exchange, has raised $300 million in a Series B round. It included several notable investors: Microsoft’s M12, PayU, Boston Consulting Group, Goldfinch Partners, CMT Digital, Pantera Capital and Intercontinental Exchange. The announcement…


Atlanta Business Journal
Microsoft, ICE join 0M investment into Atlanta cryptocurrency exchange