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	<title>The Biz Beat</title>
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	<link>http://blogs.ajc.com/business-beat?cxntfid=blogs_business_beat</link>
	<description>Get inside Atlanta\&#039;s and national business news and how it affects you.</description>
	<pubDate>Sat, 11 Feb 2012 16:47:48 +0000</pubDate>
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		<title>Wells Fargo offering down payment help</title>
		<link>http://blogs.ajc.com/business-beat/2012/02/11/wells-fargo-offering-down-payment-help/?cxntfid=blogs_business_beat</link>
		<comments>http://blogs.ajc.com/business-beat/2012/02/11/wells-fargo-offering-down-payment-help/#comments</comments>
		<pubDate>Sat, 11 Feb 2012 16:42:20 +0000</pubDate>
		<dc:creator>Christopher Seward</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://blogs.ajc.com/business-beat/?p=19371</guid>
		<description><![CDATA[<p>If you’re in the market for a new home and the city of Atlanta is  among the places you might be considering, Wells Fargo is offering help with your down payment Saturday.</p>
<p>The mortgage lender is hosting a free “homeownership village” at the Georgia World Congress Center from 10 a.m. to 7 p.m.</p>
<p>Spokesman Jay Lawrence said the workshop can accommodate hundreds of walk-ins.</p>
<p>“Dozens of people have already walked away today with letters  reserving $15,000 to help buy or renovate homes in the city of Atlanta,”  Lawrence told Channel 2 Action News.</p>
<p>Wells Fargo has launched an $8 million program to help people buy  and renovate homes while also helping the city reduce its high  inventory of vacant houses, many due to foreclosures. The bank is  working with nonprofits such as Resources for Residents and Communities  and NeighborWorks America, in addition to the city.</p>
<p>The state and five major lenders, including Wells Fargo,  <a href="http://blogs.ajc.com/business-beat/2012/02/10/new-mortgage-settlement-whats-in-it-for-you/">announced a big mortgage settlement</a> this week to help &#0133;</p>]]></description>
		<wfw:commentRss>http://blogs.ajc.com/business-beat/2012/02/11/wells-fargo-offering-down-payment-help/feed/</wfw:commentRss>
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		<item>
		<title>New mortgage settlement: What&#8217;s in it for you?</title>
		<link>http://blogs.ajc.com/business-beat/2012/02/10/new-mortgage-settlement-whats-in-it-for-you/?cxntfid=blogs_business_beat</link>
		<comments>http://blogs.ajc.com/business-beat/2012/02/10/new-mortgage-settlement-whats-in-it-for-you/#comments</comments>
		<pubDate>Fri, 10 Feb 2012 20:26:57 +0000</pubDate>
		<dc:creator>Christopher Seward</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://blogs.ajc.com/business-beat/?p=19352</guid>
		<description><![CDATA[<p>“What’s in it for me?” is the question many current and former  Georgia homeowners were asking Friday, a day after a major mortgage  settlement was announced between the state and five major mortgage  lenders.</p>
<p>While the answers to that question and others remain to  be worked out, there are some clear specifics to the deal, which is  designed to help stabilize the the state’s mortgage industry and provide  some relief to Georgians facing foreclosure or who have already lost  their homes to it.</p>
<p>First, Georgia&#8217;s share of the settlement will  be about $814.7 million, the majority of which banks will use to either write down balances on loans that exceed a home&#8217;s current value, or  refinance loans in a way that lowers interest rates to today&#8217;s rates and brings down monthly  payments, or compensate former customers who lost their homes improperly  to foreclosure.</p>
<p>To benefit, you must have been a customer of  Wells Fargo, Bank of America, JPMorgan Chase, Ally Financial &#0133;</p>]]></description>
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		<item>
		<title>Walmart tells parking lot squatters to bug out</title>
		<link>http://blogs.ajc.com/business-beat/2012/02/10/walmart-tells-parking-lot-squatters-to-bug-out/?cxntfid=blogs_business_beat</link>
		<comments>http://blogs.ajc.com/business-beat/2012/02/10/walmart-tells-parking-lot-squatters-to-bug-out/#comments</comments>
		<pubDate>Fri, 10 Feb 2012 14:17:42 +0000</pubDate>
		<dc:creator>David Markiewicz</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://blogs.ajc.com/business-beat/?p=19348</guid>
		<description><![CDATA[<p>Walmart.</p>
<p>Nice place to shop?</p>
<p>Better place to live?</p>
<p>For some folks in North Dakota, it&#8217;s been a big  yes to the latter.</p>
<p>Only the retail colossus says no.</p>
<p><a href="http://bismarcktribune.com/news/state-and-regional/walmart-gives-oil-workers-hours-clear-out-of-williston-parking/article_1ad29808-51e8-11e1-a8e1-0019bb2963f4.html#ixzz1lobeDJu1">According to the Bismarck (N.D.) Tribune</a>, visiting oil workers have been living in campers in a Walmart parking lot in Williston for months, and apparently accepting the accommodations.</p>
<p>But now the store is saying be on your way.</p>
<p>This week store executives warned the squatters that they&#8217;d better leave or their vehicles would be towed at their expense.</p>
<p>Some were.</p>
<p>Walmart cited safety, noise and litter as the issues.</p>
<p>A housing shortage in the area drove the workers to the parking lot, even though the accommodations were less than plush. There were no water or sewer hook-ups, for example, and many were crowded into small campers without heat or electricity. Some  lived there for weeks or months.</p>
<p>Walmart said it was concerned with the environment for its customers and employees.</p>
]]></description>
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		<title>Report: Newest iPad out in March</title>
		<link>http://blogs.ajc.com/business-beat/2012/02/09/report-newest-ipad-out-in-march/?cxntfid=blogs_business_beat</link>
		<comments>http://blogs.ajc.com/business-beat/2012/02/09/report-newest-ipad-out-in-march/#comments</comments>
		<pubDate>Thu, 09 Feb 2012 23:37:27 +0000</pubDate>
		<dc:creator>Christopher Seward</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://blogs.ajc.com/business-beat/?p=19344</guid>
		<description><![CDATA[<p>Expect the newest iPad, the iPad3, to make its debut in early March, according to the website<a href="http://allthingsd.com/20120209/apple-to-announce-ipad-3-first-week-in-march/"> AllThingsD.com. </a></p>
<p>The tech website said Apple will unveil the newest version of the  popular tablet in the first week of March in San Francisco. It could  hit stores within a week after the announcement, AllthingsD speculated.</p>
<p>As far as the changes, Apple enthusiasts can expect “a device  similar in form factor to the iPad 2, but running a much faster chip,  sporting an improved graphics processing unit, and featuring a 2048×1536  Retina Display — or something close to it,” the website said.</p>
<p>Apple said it wouldn’t comment on rumors.</p>
<p>In its first fiscal quarter ended in December, Apple said it sold  15 million iPads, a 111 percent unit increase over the same period a  year earlier. The iPad 2 starts at $499 and the price is higher  depending on the memory.</p>
]]></description>
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		<item>
		<title>FBI gathered file on Apple&#8217;s Steve Jobs</title>
		<link>http://blogs.ajc.com/business-beat/2012/02/09/fbi-kept-file-on-apples-steve-jobs/?cxntfid=blogs_business_beat</link>
		<comments>http://blogs.ajc.com/business-beat/2012/02/09/fbi-kept-file-on-apples-steve-jobs/#comments</comments>
		<pubDate>Thu, 09 Feb 2012 21:14:36 +0000</pubDate>
		<dc:creator>Christopher Seward</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://blogs.ajc.com/business-beat/?p=19336</guid>
		<description><![CDATA[<p>The FBI kept a file on Apple co-founder Steve Jobs, according to documents obtained by<a href="http://blogs.wsj.com/digits/2012/02/09/what-the-fbi-had-on-steve-jobs/"> The Wall Street Journal.</a></p>
<p>The  191-page backgrounder was gathered in 1991 at the behest of President  George H.W. Bush, who was considering Jobs for a seat on the President’s  Export Council.</p>
<p>Jobs, 56, died last October of pancreatic cancer after stepping down from Apple. The FBI file corroborates revelations that appear in Walter Isaacson’s biography of the man behind the iPhone, iPad, iPod and Mac computers.</p>
<p>The  FBI spoke with many of Jobs’ friends and associates, who “describe him  as profoundly talented, creative and hardworking. But his many faults  are also acknowledged including the fact that he neglected his daughter  for the first several years of her life and that his management  techniques were considered by many to be abusive.”</p>
<p>The  identities of those interviewed were not disclosed. One person who  identified himself as a former good friend said Jobs was “honest and  &#0133;</p>]]></description>
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		</item>
		<item>
		<title>Kodak getting out of camera business</title>
		<link>http://blogs.ajc.com/business-beat/2012/02/09/kodak-getting-out-of-camera-business/?cxntfid=blogs_business_beat</link>
		<comments>http://blogs.ajc.com/business-beat/2012/02/09/kodak-getting-out-of-camera-business/#comments</comments>
		<pubDate>Thu, 09 Feb 2012 17:38:13 +0000</pubDate>
		<dc:creator>Christopher Seward</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://blogs.ajc.com/business-beat/?p=19329</guid>
		<description><![CDATA[<p>Kodak  announced Thursday that it is ditching its digital camera  business. The company, which stopped selling film cameras in 2004, said  it will focus instead on photo printing.</p>
<p>Essentially, the company that was a household name for  generations of novice and professional photographers in the U.S. and  around the world has been done in by the digital imaging technology it created.</p>
<p>Digital cameras were the death knell for the film and disposable  cameras that were Kodak’s bread and butter for decades, and it wasn’t  able to keep up with competition from Japanese digital camera  manufacturers.</p>
<p>The company will license its brand name to other camera  manufactures. In addition to digital cameras, Kodak&#8217;s digital business  produced pocket video cameras and digital picture frames. It will also focus on home photo printers, high-speed commercial inkjet presses,  workflow software and packaging as the core of its future business, <a href="http://www.ajc.com/business/kodak-to-stop-making-1340160.html">according to the Associated Press.</a></p>
<p>Kodak has laid &#0133;</p>]]></description>
		<wfw:commentRss>http://blogs.ajc.com/business-beat/2012/02/09/kodak-getting-out-of-camera-business/feed/</wfw:commentRss>
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		<item>
		<title>Smartphones used to fight depression</title>
		<link>http://blogs.ajc.com/business-beat/2012/02/09/smartphone-used-to-fight-depression/?cxntfid=blogs_business_beat</link>
		<comments>http://blogs.ajc.com/business-beat/2012/02/09/smartphone-used-to-fight-depression/#comments</comments>
		<pubDate>Thu, 09 Feb 2012 16:54:30 +0000</pubDate>
		<dc:creator>Christopher Seward</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://blogs.ajc.com/business-beat/?p=19323</guid>
		<description><![CDATA[<p>What if your phone could send you a text message if it senses you’re  becoming depressed and urge you to get out and do things to improve your  mood?</p>
<p>Northwestern University researchers are developing such a  smartphone,  The technology involves determining the user’s state of  mind by tracking his or her whereabouts, a researcher told <a href="http://chicago.cbslocal.com/2012/02/08/researchers-develop-smart-phone-technology-to-sense-depression/">CBS radio affiliate WBBM in Chicago</a>.</p>
<p>The phone would be able to sense whether a person is staying at  home for a lengthy period, according to psychologist David Mohr, who has  been adapting phones as “virtual therapists” for depression patients.</p>
<p>“It can provide them an automated text message, or an automated  phone call to make a suggestion to give somebody a call or get out of  the house,” Mohr told CBS.</p>
<p>The conditions of eight depression patients were improved  “significantly” after getting the alerts, Mohr said. Wider tests are  planned this summer</p>
]]></description>
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		<item>
		<title>Young Americans feel harder hit by recession than elders</title>
		<link>http://blogs.ajc.com/business-beat/2012/02/09/young-americans-feel-harder-hit-by-recession-than-elders/?cxntfid=blogs_business_beat</link>
		<comments>http://blogs.ajc.com/business-beat/2012/02/09/young-americans-feel-harder-hit-by-recession-than-elders/#comments</comments>
		<pubDate>Thu, 09 Feb 2012 14:01:10 +0000</pubDate>
		<dc:creator>David Markiewicz</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://blogs.ajc.com/business-beat/?p=19319</guid>
		<description><![CDATA[<p>It&#8217;s hard to be young.</p>
<p>That&#8217;s the upshot of a new survey that looks at American attitudes post-recession.</p>
<p>According to the Pew Research Center, 41 percent of Americans believe young adults (ages 18 to 34)  &#8220;have been hit harder than any other group, compared with 29 percent who say middle-aged Americans and 24 percent who point to seniors 65 and older,&#8221; the Associated Press reports.</p>
<p>What&#8217;s more, 69 percent say it&#8217;s harder for young adults to pay for college, find a job, buy a home or save money, compared to their parents.</p>
<p>&#8220;Young workers are on the bottom of the ladder, and during a recession like we&#8217;ve had, it&#8217;s often hard for them to hold on,&#8221; said Kim Parker of Pew.</p>
<p>Parker pointed to the feelings among young adults and suggested they may have contributed to their role in the Occupy protest movement.</p>
<p>&#8220;They are clearly less satisfied with their current circumstances than they were before the recession,&#8221; she said. &#8220;This may be where some of the anger and frustration being &#0133;</p>]]></description>
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		<title>Amazon strikes video deal with Viacom</title>
		<link>http://blogs.ajc.com/business-beat/2012/02/08/amazon-strikes-streaming-video-deal/?cxntfid=blogs_business_beat</link>
		<comments>http://blogs.ajc.com/business-beat/2012/02/08/amazon-strikes-streaming-video-deal/#comments</comments>
		<pubDate>Wed, 08 Feb 2012 18:55:50 +0000</pubDate>
		<dc:creator>Christopher Seward</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://blogs.ajc.com/business-beat/?p=19308</guid>
		<description><![CDATA[<p>The battle for streaming video subscribers is intensifying with both  Amazon.com and Verizon striking up separate deals this week that could  potentially take big bites out of  Netflix’s customer base.</p>
<p>Amazon  announced Wednesday that it is teaming up with Viacom to allow Amazon  Prime subscribers and Kindle Fire users to instantly stream scores of  Viacom TV offerings, including MTV, Comedy Central, Nickelodeon, TV  Land, Spike, VH1, BET, CMT and Logo.</p>
<p>Prime subscribers now pay a  $79 annual membership fee for Amazon Prime Instant Videos, giving them  unlimited, commercial-free access to more than 15,000 movies and TV  shows. The deal with Viacom is expected to add about 2,000 more titles  that that list.</p>
<p>&#8220;This deal with Viacom brings Prime customers and  Kindle Fire users thousands of comedies, kids’ shows, reality TV and  much more from some of the best cable networks available,” said Brad  Beale, director of video content acquisition for Amazon, <a href="http://phx.corporate-ir.net/phoenix.zhtml?c=176060&#38;p=irol-newsArticle&#38;ID=1658381&#38;highlight=">said in a release.</a> &#0133;</p>]]></description>
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		<title>Costco ranked No. 1 in Consumer Reports survey</title>
		<link>http://blogs.ajc.com/business-beat/2012/02/08/costco-ranked-no-1-in-consumer-reports-survey/?cxntfid=blogs_business_beat</link>
		<comments>http://blogs.ajc.com/business-beat/2012/02/08/costco-ranked-no-1-in-consumer-reports-survey/#comments</comments>
		<pubDate>Wed, 08 Feb 2012 15:50:23 +0000</pubDate>
		<dc:creator>Fran Jeffries</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://blogs.ajc.com/business-beat/?p=19301</guid>
		<description><![CDATA[<p>Costco is the way to go when it comes to online and in-store shopping.
The retail chain store ranked No. 1 in a recent Consumer Reports survey of 10 stores &#8212; besting JCPenney, Kmart, Kohl&#8217;s, Macy&#8217;s, Meijer, Sam&#8217;s Club, Sears, Target and Wal-Mart for its overall shopping experience.</p>
<p>Costco was the only chain to earn an outstanding grade for the overall quality of its merchandise, whether in the stores or online. And it earned above-average scores for all 10</p>
<p>product categories the survey rated &#8212; including electronic entertainment, jewelry and sporting goods.</p>
<p>Surprisingly, its website did better than its walk-in stores on all counts, except product quality (the two types tied), and earned top marks for layout, product value, and checkout.</p>
<p>In-store shoppers found a few things not to like about Costco: The  chain’s walk-in stores scored below average for selection, checkout  (because of long lines), and service, and its shoppers were more likely  than those elsewhere to complain &#0133;</p>]]></description>
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