Business News

Growth in Internet domain names slowed considerably last year as speculators who once hoped to make a fortune off easy-to-remember addresses dropped properties they couldn't unload.

Gateway Inc., the nation's fourth-largest computer maker, announced that it will eliminate 2,250 jobs and close 19 stores and several offices in an effort to cut costs as it struggles with reduced industry sales and a shrinking share of the U.S. marke

Some pilots say Airbus A300 jets should be grounded until investigators learn why American Airlines Flight 587 crashed in New York last November.

Tennessee-based Jimmy Dean Foods Inc. is voluntarily recalling approximately 3,600 pounds of frozen pork sausage products.

Edy's Grand Ice Cream on Thursday recalled 5,000 cartons of Limited Edition Girl Scouts Samoas Cookie Ice Cream because they may contain peanuts and egg.

Microsoft Corporation chairman Bill Gates has purchased a stake in Cox Communications Incorporated for about $500 million.

Insurance Commissioner John Oxendine said Thursday that Humana Employers Health Care of Georgia, Inc., has been fined $400,000 for violating the state's prompt pay law.

BellSouth Corporation has agreed to pay $200,000 and enhanced retirement benefits to a former employee who alleged in a federal lawsuit she was fired because of her age.

Eli Lilly and Co. on Thursday reported a 25 percent decline in earnings for the fourth quarter as the drugmaker suffered from the loss of its patent on Prozac and the emergence of a less expensive generic version of the anti-depressant pill.

Compaq Computer Corporation said Thursday it will begin marketing high-speed Internet access from EarthLink Incorporated on its Presario consumer computers.