Business News

The Federal Reserve left a key interest rate unchanged Tuesday and began preparing Americans for the possibility that short-term rates will go higher this year as the country bounces back from recession.

CheckFree Corporation, which provides electronic payment services, said today it will consolidate some operations and eliminate 450 positions by this summer.

Pharmaceutical manufacturers currently offering prescription-drug discount cards include Eli Lilly, Glaxo-SmithKline, Pfizer and Novartis are now being accepted at Georgia Publix pharmacies.

General Motors Corp. is taking aim at manufacturing, engineering, health care and commercial costs in order to cut spending by $1.3 billion this year, a high ranking executive told automotive securities analysts Tuesday.

America's trade deficit surged to $28.5 billion in January as the nation's foreign oil bill surged and U.S. exports fell to the lowest level in more than three years.

Major airlines are going at it in a battle of strategically-chosen fare cuts.

General Motors Corp. said Tuesday that it expect to wrap up takeover talks with Daewoo Motor Co. in a matter of weeks.

Heart failure victims who get a new kind of pacemaker have only half the usual risk of being hospitalized with worsening heart trouble, researchers say.

Discount retail chain Dollar General Corp. said its fourth-quarter earnings were better than the same period a year ago thanks in part to reduced transportation and distribution costs, as well as higher sales.

General Motors Corp. has the momentum to meet increased earning targets for the first quarter and the full year, the company's chief executive told automotive securities analysts Monday.