Business News

Xerox Corp. reported Monday it lost $4 million in the fourth quarter, citing weak economic conditions that contributed to a 13 percent decline in revenue.

Tennessee has collected $61,000 in settlements against companies engaged in telemarketing since becoming the 13th state to pass a "don't-call" law, according to the Tennessee Regulatory Authority.

Miller Brewing Co. is reportedly discussing a merger with a pair of United Kingdom-based breweries and could announce a deal as early as March.

OfficeMax Inc. on Sunday announced it will close 29 stores instead of 40 following improved same-store sales in the fourth quarter.

Vinson & Elkins' reputation took 80 years to polish and one client to smudge.

In a ritual that has become both routine and frustrating, BellSouth Corp. will refile its application to sell long-distance service, while competitors carp that the telecommunications giant continues to rig the local phone game against them.

The sky-high cost of flying between Atlanta and the rest of Georgia is keeping cities such as Augusta and Savannah from cashing in on major business opportunities, the state's tourism commissioner said.

Bankrupt retailer Kmart Corp. said it has begun an internal investigation after receiving an anonymous letter claiming to be from employees that raised questions about its accounting.

American Airlines and British Airways walked away from a proposed alliance rather than give up takeoff and landing slots at London's Heathrow Airport.

Another large Hewlett-Packard Co. investor supports the technology giant's contentious plan to buy Compaq Computer Corporation.