Business News

It was the kind of event that the movers and shakers attending the World Economic Forum love -- a nightcap with someone even more famous, in this case Bill Clinton, with a few surprise guests showing up to add extra pizazz to the evening.

Now that he's resigned from Enron Corp.'s board of directors, Kenneth Lay is just another stockholder.

The unmanned RQ-1 Predator spy plane became a star of the war in Afghanistan in November when one operated by the CIA fired Hellfire missiles that helped destroy an al-Qaida leadership compound near Kabul.

Names of 18 Amtrak long-distance routes that could be cut in the fall, followed by the major cities they serve.

Travelers no longer could get on a train in the Northeast and connect all the way to California, or board in Florida and reach the Pacific Northwest if Amtrak goes ahead with threatened cuts to long-distance trains.

The nation's third-largest carpet maker is selling its rug division to Springs Industries Incorporated -- a home fashions manufacturer.

Burgett Mooney Jr., chairman of the News Publishing Co. and retired publisher of the Rome News-Tribune, died Monday after a short illness. He was 81.

Burgett Mooney Jr., chairman of the News Publishing Co. and retired publisher of the Rome News-Tribune, died Monday after a short illness. He was 81.

Cruise ship owner P&O Princess PLC has spurned a third takeover bid from Carnival Corp., but that didn't stop Carnival's chief executive from meeting Monday with Princess' investors, hoping to spark a shareholder mutiny that would help him cap

Lowe's Cos. said Monday its fourth-quarter earnings should be higher than previously estimated because of better than expected weather and consumer spending.