Business News

Coca-Cola chairman and chief executive Douglas Daft saw his salary increase 18 percent last year, with a compensation package that topped five million dollars and included a $500,000 jump in his annual bonus, which was $3.5 million.

The Cuban government has signed a new round of contracts to buy $32 million of food from American agricultural firms, a trade group said Monday -- a move sure to whet the appetites of U.S. food companies eager to increase their sales to the island.

There's a bit of a dustup going on at Merrill Lynch & Co., where the firm's chief economist is out with very bullish comments about stocks while its chief investment strategist is bearish.

Interest rates on short-term Treasury securities rose in Monday's auction.

Federal mediators have scheduled meetings this week between Lockheed Martin and its workers after union members overwhelmingly rejected proposed contracts with the defense contractor and voted to strike.

Six years after its last embargo, Russia has banned the import of poultry from the United States.

For eighth-grader Dale Willis Jr., getting Internet access at home means no longer having to wait in line at the library for less than a half-hour at the computer.

OPEC's secretary-general began negotiating with top Russian officials Monday to persuade the world's second-biggest oil producer to keep exports down so world prices can stabilize.

DaimlerChrysler AG will announce Monday at the Geneva Auto Show it will build a convertible version of its popular PT Cruiser, the company said.

During the Olympics, when a speed-skating fox, a bear pushing a curling stone and other cutesy images adorned the "Google" logo on the popular Internet search engine, hundreds of users wrote in to compliment the art department.