Business News

Software giant Microsoft Corp. tweaks its organizational structure so often that some in the industry have come to refer to the changes as the annual spring cleaning.

Tyson Foods Inc. allegedly depressed workers' wages by hiring immigrants known to be illegal, according to a lawsuit filed by four former employees.

Russia will decide in May whether to continue limiting oil exports in concert with the Organization of Petroleum Exporting Countries.

Leon Howlett, whose family owns property in Hardin County that the state wanted for a proposed Hyundai plant, sent an e-mail in February to a spokesman for the Korean automaker warning of a long legal battle if the company tried to locate there.

The San Francisco Examiner will drop its Sunday edition and replace it with an expanded Friday edition, which will include more weekend sports and entertainment information, the newspaper said.

Adelphia Communications Corp. has hired three investment banks as financial advisers to explore possible cable asset sales and other ways to reduce debt, the company announced late Thursday.

Kmart Corp.'s top executive will receive at least $1 million a year in base salary plus an extra $4 million if he brings the troubled company out of bankruptcy by July 2003, according to an employment agreement filed in U.S. Bankruptcy Court.

South African Breweries Ltd., owner of Pilsner Urquell beer and a strong player in China and other emerging markets, confirmed Thursday it is in talks with Philip Morris Cos. Inc. about buying Miller Brewing Co., the second largest U.S. brewer.

The emergence of new "smart phones" with e-mail and voice capabilities will likely get a boost by clones of the popular BlackBerry wireless e-mail devices.

Dell Computer Corp., citing surprisingly strong sales in the U.S., said Thursday it is confident of meeting raised sales targets for the quarter ending May 3.