Utility customers can monitor bills
Georgia Power Co. is rolling out a new online feature called “My Power Usage,” which allows customers to set up e-mail alerts when their bill reaches a certain dollar amount.
The program is available once customers sign in to their account at georgiapower.com and enables them to view their energy use 24 hours a day, seven days a week, along with projected monthly bills.
Auto sales jump 8 percent during May
DETROIT — Full-size pickups once again dominated U.S. auto sales in May, as small businesses – increasingly confident in the economy – raced to replace the aging pickups they held on to during the recession.
Car buyers, too, were lured by low interest rates and Memorial Day sales. Overall, U.S. consumers bought 1.4 million vehicles in May, up 8 percent from the same month a year ago, according to Autodata Corp.
Airlines projecting big earnings gains
Packed planes should help the world’s airlines earn $12.7 billion this year, as travel demand accelerates faster than the airlines add seats, according to a new prediction from a trade group.
The estimate represents a 67 percent increase over the airlines’ $7.6 billion in profits last year.
The new estimate is a 20 percent jump over IATA’s estimate just three months ago.
IATA said that if its forecast holds, the global airline industry will have its third strongest year since 2001.
Construction rises 0.4 percent in April
WASHINGTON — Spending on U.S. construction projects rose in April despite weakness in residential projects and government spending.
Construction spending rose 0.4 percent in April, compared with March, when spending fell a revised 0.8 percent, the Commerce Department reported Monday.
Construction activity has been volatile in recent months, falling by a record 4 percent in January, but rising in February only to drop in March.
Game maker Zynga will slash 520 jobs
SAN FRANCISCO — Online game maker Zynga Inc. said Monday that it is cutting 520 jobs, about 18 percent of its workforce, in a cost-saving move designed to help it adapt to consumers shifting game play from computers to mobile devices.
Zynga expects the move to save about $70 million to $80 million in annual costs. But the San Francisco-based company behind “FarmVille” and “Words With Friends” also expects a worse loss in the second quarter than previously anticipated, as well as weak bookings.
Zynga’s stock plunged 12 percent to close at $2.99 on the Nasdaq stock market after trading was halted twice on Monday.
In other news
LULULEMON IS starting to get its Luon black yoga pants, which were pulled in March for being too sheer, back into its stores. A new company is now in charge of their production and they’re no longer see-through.
– From staff and wire reports