Business News

Arthur Andersen, damaged by its connections to bankrupt client Enron Corp., is reportedly talking with accounting firm Deloitte & Touche Tohmatsu about selling some or all of its operations.

Tobacco planting is weeks away, but the question of who evaluates the market-ready leaf -- a government grader or someone from a tobacco company -- will be decided in the coming days by farmers.

Lockheed Martin's unionized workers will vote Sunday on a deal that could avert the first strike at the Marietta aircraft plant in 25 years.

Nine former and current Coca-Cola employees have sued the soft drink company, alleging it bilked workers out of at least $200 million in wages over the past four years.

The U.S. decision to protect its steel industry by barring imports could encourage Latin American nations to turn their back on free trade and spark a new wave of protectionism across the region.

The California Public Employees Retirement System became the latest big Hewlett-Packard Co. investor to say it will vote against HP's $22 billion purchase of Compaq Computer Corp.

The Berkshire Hathaway Inc. investment empire controlled by billionaire Warren Buffett lost book value last year for the first time since 1965, in part because of the Sept. 11 attacks.

Fourteen of Georgia's 70 Kmart stores will closed as part of the company's bankruptcy restructuring, putting more than 1,100 people out of work, Kmart officials said Friday.

Sun Microsystems Inc. sued rival Microsoft Corp. Friday, claiming more than $1 billion in damages from the software giant's decision to make its Windows XP operating system incompatible with Sun's Java programming language.

U.S. companies added jobs for the first time in seven months in February, helping push down the unemployment rate to 5.5 percent in the strongest signal yet that the recession is over.