Whole Foods ads, IBM up to something, Long commute in ATL - CBS46 News

Whole Foods ads, IBM up to something, Long commute in ATL

Posted: Updated:

Here, there, everywhere

Whole Foods begins advertising nationally today...something the chain has always shunned in the past. It will add a new slogan to the one it already uses: America's healthiest grocery store. Now, you will see the phrase Values Matter in print, online, and broadcast ads.

Whole Foods made the decision to begin a nationwide ad campaign this summer because its sales were slumping. It is trying to fend of Walmart and Kroger, both of which have started to stock shelves with organic products.

Up to something good

IBM is apparently ready to make a major announcement today; but has not given any hint of what it will be. Though, PC World reports IBM is set to transfer chip making operations go global foundries.

IBM has been looking at ways to cut costs, as its chip-making business has never been very profitable. The official announcement come 7am Monday morning.


Loosen up, man

Fannie Mae and Freddie Mac appear to be ready to loosen borrowing restrictions, on customers with poor credit. The Wall Street Journal says the two companies are considering a plan to allow lenders to offer mortgages for down payments, of just three percent.

Credit requirements became far tougher, following the 2008 financial crisis and the real estate market has been slow to recover.


Traffic sucks

This may not come as a surprise to you: Georgia has one of the worst commute times in the country. The Census Bureau American Community survey puts Georgia as the second worst state for commute time, just behind California.

In particular, it highlights Paulding County, and other outlying communities, as having 40 minute drives to work. Nine percent of Georgia workers also drive an hour to work. Overall, it says the average commute time in Georgia is 27 minutes.


Copyright 2014 WGCL-TV (Meredith Corporation). All rights reserved.