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Bank merger would combine Augusta's First Bank of Georgia with Atlanta financial corporation

...institutions is pending regulatory approvals and consent from Georgia-Carolina Bancshares shareholders. State Bank Financial has filed a registration statement for the proposed transaction with the U.S. Securities and Exchange Commission.
Senators investigating recalls target GM's legal staff, call for firing top lawyer

WASHINGTON - Lawmakers on Thursday demanded General Motors fire its chief lawyer and open its compensation plan to more potential victims as a Senate subcommittee delved deeper into GM's problems.
Backlash stirs in US against foreign worker visas

Amid calls for expanding the nation's so-called H-1B visa program, there is growing pushback from Americans who argue the program has been hijacked to import cheaper, lower-level workers to replace more expensive U.S. employees.
US prosecutor: Hedge fund giant SAC Capital to plead guilty to fraud in NYC, pay $1.8 billion

NEW YORK - SAC Capital Advisors will plead guilty to criminal fraud charges, stop investing money for others and pay $1.8 billion to resolve criminal and civil claims against the hedge fund giant.
Chrysler Group prepares for IPO

The automaker is proceeding with the IPO after it failed to reach an agreement on the value of the stock with the retiree trust that owns it.
SEC says Harrisburg, Pa., misled bond investors

Pennsylvania's debt-laden capital city violated federal antifraud rules for securities issuers by repeatedly giving misleading information that created risks for bond investors at a time the city's finances were rapidly deteriorating, the U.S. Securities and Exchange Commission said Monday.
Across the region

...argument. The names of the victims have not been released.In other newsDUKE ENERGY reports to the U.S. Securities and Exchange Commission that it's paying former Progress Energy CEO Bill Johnson as much as $10.3 million. Johnson was...
Ex-UGA football coach accused in Ponzi scheme

ATLANTA - The U.S. Securities and Exchange Commission is accusing former University of Georgia football coach Jim Donnan of conducting a Ponzi scheme.The S.E.C. said in a statement...
Former Georgia coach Jim Donnan accused in Ponzi scheme

ATLANTA - Former Georgia football coach Jim Donnan used his influence to get high-profile coaches and former players to invest millions into a Ponzi scheme, the U.S. SEC said Thursday.
biz bits

SEATTLE --- Boeing won massive orders in China at the Hong Kong air show Tuesday, including the largest Dreamliner order in three years.
Biz Bits | Business