Business News

The accounting profession is taking steps to eliminate the appearance of conflicts of interest in the kinds of services they offer their audit clients.

Amtrak on Friday threatened to discontinue all long- distance train service in October if Congress doesn't give it $1.2 million in the next budget year.

The Atlanta Business Chronicle is reporting Kmart is ready to ax nine of its Atlanta metro area stores, according to sources, including an Atlanta Highway store in Athens.

Beaulieu Group, LLC and Springs Industries, Inc. today announced they have signed a letter of intent for the sale of Beaulieu's rug division to Springs.

Secretary of State Colin Powell told the World Economic Forum on Friday that the United States was committed not only to fighting terrorists, but to battling the poverty and hopelessness that helps breed their anger.

The nation's unemployment rate unexpectedly dropped to 5.6 percent in January as businesses slowed their job cuts to the lowest level since before the terrorist attacks.

A U.S. Coast Guard refueling base and one of the few emergency landing spots for commercial airliners in the North Pacific could be put in jeopardy in March when a Georgia-based corporation abandons the Midway Islands.

Amtrak plans to lay off 700 workers and cut costs elsewhere to trim what it says is a $200 million shortfall this year, two sources knowledgeable about the moves said.

Kaiser Aluminum Corp. will miss a $25.5 million interest payment this week, and officials say they are talking with creditors about restructuring debt.

With just days to spare, Fox has sold out all available commercial time in Sunday's Super Bowl telecast at an average price of just under $2 million per 30-second ad.