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The Journal Gazette

Sunday, December 16, 2018 1:00 am


US fishing sales up by $100 million

News services

PORTLAND, Maine – U.S. commercial fishing generated more than $144 billion in sales in 2016, buoyed by growth in key species such as sea scallops and American lobsters, the federal government reported.

The National Oceanic and Atmospheric Administration said the total of $144.3 billion in sales from commercial fishing in 2016 was up about $100 million from the previous year. The agency Thursday released the figure as part of its annual Fisheries Economics of the United States report.

The report shows U.S. fisheries holding steady and continuing to play a critical role in the economies of states from Maine to California, said Ned Cyr, director of NOAA Fisheries Office of Science and Technology.

Norfolk Southern HQ moving to Atlanta

Railroad company Norfolk Southern Corp. is moving its headquarters from Norfolk, Virginia, to Atlanta, bringing with it 850 jobs and more than $500 million in economic investment, Georgia Gov. Nathan Deal announced.

The company plans to build a headquarters campus with 750,000 square feet of office space in the city's Midtown area, records from Atlanta's economic development authority show.

“When you consider those 850 new jobs on top of – in excess of – 4,700 jobs that are currently Norfolk Southern employees in the state of Georgia, they suddenly become a major player in our state's economy,” Deal said at a news conference last week.

Audi chooses permanent CEO

Volkswagen's Audi division named acting head Bram Schot as the brand's permanent boss after his predecessor was jailed.

Schot took over on an acting basis in June after Rupert Stadler was jailed while prosecutors investigate possible illegal manipulation of diesel engine emissions. Stadler has since left the company.

Schot, 57, was acting CEO along with his duties as marketing head at Audi, which also oversees the Volkswagen Group's Lamborghini car and Ducati motorcycle brands.

He was also appointed to Volkswagen Group's management board, its top executive body.