Airlines, unsurprisingly, are some of the companies hit hardest by sudden spikes in oil prices. But Georgia’s own Delta Airlines is better suited than any other competitor to navigate those turbulent winds by virtue of owning its own oil refinery in Pennsylvania. The refinery generated about $5 billion in revenue last year and is optimized for jet fuel, which is particularly finnicky because it’s not often held in surplus. Operational hedges like this one can be tricky to manage, but with so much uncertainty in the Middle East this one has Delta RISING…
Questions linger over Atlanta City Hall investigation
An ongoing investigation into former Atlanta Municipal Clerk Foris Webb III is hitting roadblocks, as city employees are delaying or rejecting interviews by the inspector general. Webb received more than $900,000 in consulting fees from the city for his “work” on a referendum meant to block the city’s law enforcement training center, dubbed “Cop City.” That referendum got held up in court, never wound up doing anything, and the center was built, but Webb continued to cash a $35,000 check each month. Another murky situation at Atlanta City Hall has public trust SINKING…
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