Business News

Schreiber Foods Inc. today acquired the assets of the Deep South Products, Inc. plant located in Gainesville, Georgia. Deep South Products is a wholly owned subsidiary of Winn-Dixie.

Polymer Group, Inc. and the Petitioning Creditors announced today that they have reached an agreement that results in the dismissal of the Involuntary Petition filed against Polymer Group, Inc.

Adelphia Communications Corp. confirmed Wednesday that federal authorities are investigating the agreements in which the company's founding family borrowed $2.3 billion through various co-borrowers and kept the debt off the balance sheet.

Officials at Viewpointe Archive Services would like to alter a monthly ritual for the millions of Americans who pay their bills and buy groceries by writing a check.

The Hyundai Motor Co.'s decision to locate a $1 billion plant south of Montgomery, near the impoverished area known as Alabama's Black Belt, has business and government officials talking about a possible change in the area's fortunes.

McDonald's is joining Burger King, Wendy's and other fast-food chains in buying beef from overseas, citing a shortage of the U.S. meat that's lean enough to make their burgers.

As Kentuckians debated whom to blame for the lost Hyundai plant, Norma Howlett listened to the radio inside her family's brick, ranch-style home outside Glendale.

U.S. vehicle sales fell a mild 1 percent last month compared with March 2001, offering encouragement to analysts and automakers that demand will strengthen and the nation's economy will continue to improve.

Both broadcast and cable news outlets are showing healthy ratings increases over last year, an indication to networks that Sept. 11 may have gotten more people in the regular habit of watching news.

Arab hardliners have mapped out a strategy that includes cutting off diplomatic ties with Israel and oil supplies to America. But moderates, including Egypt's President Hosni Mubarak, were unlikely to let such ideas dominate a planned Arab League fore