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Nobel Prize winner to headline USG conference

Nobel Prize winner to headline USG conference

ATLANTA -- Nobel Prize winner Dr. Muhammad Yunus will be the keynote speaker at an economic development conference hosted by the University System of Georgia.

The Social Business and Microcredit conference will be held Oct. 17 at Georgia Tech's Ferst Center.

Yunus won the 1996 Nobel Peace Prize for his pioneering work in microcredit, which is the extension of very small loans to those in poverty, with the goal of spurring entrepreneurship.

Residential projects blocked near downtown Athens

Residential projects blocked near downtown Athens

ATHENS, Ga. -- The Athens-Clarke County Commission has temporarily banned residential development near downtown Athens.

The commissioners say they're worried that the area's roads and utility lines can't support downtown's maximum legal density of 200 bedrooms per acre.

The construction ban covers the commercial-downtown zone, such as the areas around the Foundry Park Inn on North Avenue and the Bottleworks on Prince Avenue.

It's not clear if the moratorium will affect a rumored mixed-use development planned for the seven-acre former Armstrong & Dobbs property off Oconee Street.

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UGA to hold free finance workshops for entrepreneurs

UGA to hold free finance workshops for entrepreneurs

ATHENS, Ga. -- The University of Georgia is holding free personal finance workshops for would-be entrepreneurs across the state starting later this month.

The first workshop with UGA's consumer economics expert Michael Rupured will be Sept. 21 in Tifton. Others will be held Oct. 27 in Cumming and Moultrie, Nov. 9 in DeKalb County and Ellijay and Nov. 29 in Brunswick and Perry. 

Additional workshops in Atlanta, McDonough, Marietta, Griffin, Forsyth and other cities are scheduled for early next year.

The four-hour sessions are aimed at people who want to start a new business and want to get their personal finances in order.

For details, visit UGA's Cooperative Extension website.

Judge questions ex-UGA coach's settlement

Judge questions ex-UGA coach's settlement

MACON, Ga. -- A federal bankruptcy judge is raising doubts about a settlement agreement that a former University of Georgia head football coach brokered with a company that accused him of recruiting fellow college coaches to invest in a Ponzi scheme.

RELATED: Athens widow accuses former UGA coach of bilking dying husband

U.S. Bankruptcy Judge James Smith said he was unlikely to accept the settlement Jim Donnan brokered with West Virginia-based liquidation company GLC Ltd.

Tracking programs created to bring jobs to Georgia

Tracking programs created to bring jobs to Georgia

ATLANTA -- With Georgia's unemployment rate remaining in double digits, 11Alive journalists are busy digging into three programs that promised to create jobs.

One of them is the federal stimulus program.

According to the state's Stimulus Accountability website, the federal government has granted Georgia approximately $3.2 billion in stimulus funds. Georgia's unemployment rate was around 8.8 percent just prior to the start of the stimulus program. Two years later, unemployment has risen to the current rate of 10.1 percent.

Where are the stimulus jobs?

In Paulding County, the stimulus program is getting mixed reviews.

Paulding County has received approximately $46 million in federal stimulus funds. The unemployment rate there was 6 percent in 2008 before the stimulus program. Unemployment in Paulding has risen to its current rate of 10.6 percent.

Metro Atlanta's unemployment rate dips

ATLANTA -- Metro Atlanta's preliminary unadjusted unemployment rate decreased to 10.4 percent in July, down from 10.5 percent in June and the same as a year earlier, according to the Georgia Department of Labor,

State Labor Commissioner Mark Butler said 14,000 more area residents were employed in July than in June.

RELATED: Plenty of announcements, but where are the jobs?