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Atlanta Prosperity Campaign, others offer benefits of earned income tax credit at news conference

Atlanta Prosperity Campaign, others offer benefits of earned income tax credit at news conference

Volunteer Income Tax Assistance Program (VITA) Sites Also Begin Offering

Free Tax Preparation to metro-Atlanta Households Earning $49,000 or Less

 

Press Conference Speakers

 Carlis Williams, Region IV Administrator, US Department Health and Human Services Administration of Children and Families

Peggy Bogadi, IRS Wage & Investment Commissioner

Bill Bolling, Executive Director, Atlanta Community Food Bank

Deborah Lum, Executive Director, Atlanta Workforce Development Agency

Karen Rogers, Director, City of Atlanta Mayor’s Office of Weed and Seed 

Jason Nguyen, Osborne High School VITA Site Representative

Bank of America adds 35 small biz bankers in Atlanta

Bank of America adds 35 small biz bankers in Atlanta

ATLANTA -- Bank of America Corp. reported Wednesday it hit its target of hiring more that 1,000 small business bankers in 2012, including 35 in Metro Atlanta.

The Charlotte, N.C.-based bank said it extended $280.2 million in credit to Georgia small businesses and $8.7 billion nationally last year. The $8.7 billion was an increase of 28 percent over 2011.

It recently reported net income of $2.8 billion for 2012. It also saw its head count shrink by about 5,000 employees to 267,190 in the fourth quarter, evidence that BofA is still trimming staff levels as it works to lower its expenses. Branches also continued to close, with BofA reporting 5,478 banking centers across its U.S. franchise at the end of the year, down from 5,702 centers a year earlier. 

Bank of America is the third-largest bank in metro Atlanta with 145 local branches and $20.4 billion in area deposits for a market share of 17 percent. 

Get involved with the Atlanta Junior Chamber International

Get involved with the Atlanta Junior Chamber International

ATLANTA -- With the beginning of a new year and New Year’s resolutions on the rise, many people may be asking what next? The Junior Chamber International of Atlanta is answering just that. JCI-Atlanta offers a wide range of opportunities and events such as community service, networking, personal development, happy hours, trips, international relations, and more.

The next event, the General Membership Meeting, will take place on Tuesday, January 22 from 6:00-8:30pm at Park Tavern in Piedmont Park. The public is invited to join the Jaycees for an hour of networking, followed by announcements and keynote speaker, Phil Minnes.

Atlanta landmark Clermont Hotel sold

ATLANTA, Ga. -- Atlanta's Clermont Hotel, a city landmark best known for its bawdy basement lounge, has been sold.

Clermont Hotel Partners LLC, a partnership whose principals include Philip Welker and Ethan Orley, purchased the property on Ponce de Leon Avenue.

They did not release the sales price.

Welker and Orley plan to redevelop the Clermont as a boutique hotel. While the hotel's strip club - the oldest in Atlanta that often attracts big-name celebrities - won't see immediate changes, its future will become clear once Welker and Orley solidify their redevelopment plans.

Welker and Orley are with with the real estate firm BNA Associates, whose offices are in Nashville and New York.

The partnership could decide on a major renovation of the Clermont Lounge, though exactly what's in store for the strip club is unclear.

Cobb, DeKalb, Fulton sue HSBC over predatory lending

Cobb, DeKalb, Fulton sue HSBC over predatory lending

ATLANTA -- Three Atlanta-area counties have filed a lawsuit claiming that British bank HSBC engaged in predatory lending that ended up costing them hundreds of millions of dollars.

Cobb, DeKalb and Fulton counties say the bank aggressively signed minorities to housing loans that were likely to fail. The counties say it caused tremendous damage, including extra expenses and lost tax revenue.

The lawsuit says the banks violated the Fair Housing Act, which provides protections against housing or renting policies or practices that discriminate on the basis of race, color, national origin, religion, sex, family status or handicap.

A lawyer for HSBC said he couldn't comment on the lawsuit, which was filed in October. A federal judge has given the bank until Jan. 25 to file a response.

Leff’s Atlanta Media launches 'News from the PR Dept.'

Leff’s Atlanta Media launches 'News from the PR Dept.'

Seven Years and Thousands of Updates Later, Leff’s Atlanta Media (www.LeffsAtlantaMedia.com) Continues to Track and Report on Atlanta’s Diverse Media Community

It’s been seven years since Atlanta public relations executive Mitch Leff launched Atlanta’s most comprehensive database of local media, Leff’s Atlanta Media (www.leffsatlantamedia.com), and the site continues to grow.  This month, the site will add a new section, “News from the PR Dept.,” tracking news items of interest to media and public relations professionals.

The new feature will appear on the Leff’s Atlanta Media blog and in the site’s monthly “Mitch’s Media Musings” newsletter and will include:

LittlePINKBook.com holds 8th Annual Fall Empowerment event

LittlePINKBook.com holds 8th Annual Fall Empowerment event

LittlePINKBook.com, the digital platform for career women, hosted its 8th Annual Fall Empowerment Event on November 13. More than 300 professional women attended the luncheon event, at the Atlanta History Center, along with more than 550 unique viewers joining via live stream. Some viewers planned gatherings of 50 or more women and leveraged the event to enhance their own business and networking meetings in cities across the globe.

The executives on the panel candidly answered questions related to their career paths to the C-Suite. Glenda Umaña, anchor at CNN en Español, was the event’s moderator. Read LittlePINKBook.com’s “Top 10 Takeaways” for favorite thoughts shared by the three panelists:

·        Teri List-Stoll, SVP and Treasurer, Procter & Gamble