Business News

Argentine lawmakers have given preliminary approval to an economic recovery plan that President Eduardo Duhalde hopes will attract billions of dollars in international aid.

Walter Hewlett released internal Hewlett-Packard Co. documents Thursday to back up his claim that the company has considered lavish pay plans for chief Carly Fiorina and Compaq Computer Corp. head Michael Capellas.

The Justice Department and Microsoft Corp. announced technical changes to their proposed antitrust settlement Thursday, but they did not satisfy competitors or the states still suing the software maker.

A fire whipped by strong winds broke out Thursday morning at the Georgia-Pacific plant in Crossett, Arkansas, and spread to several buildings, prompting authorities to ready air support in case help was needed to put out the blaze.

Rates for 30-year mortgages dipped again this week, staying below the 7 percent mark for the fourth week in a row, and one-year adjustable rate mortgages fell to their lowest level since 1994, according to a nationwide survey released Thursday.

With the Winter Games over, Salt Lake City is hoping it dispelled notions of Utah as an uptight Mormon backwater and is looking to capitalize on its turn in the Olympic spotlight more than Atlanta or Los Angeles ever did.

AirTran Airways today announced that the low fare airline will launch new daily nonstop service from Atlanta to Wichita Mid-Continent Airport (ICT) in Wichita, KS, the airline's 38th destination.

After testing out Asia and Europe, Starbucks Coffee Co. is now ready to get its feet wet in Latin America

OPEC is unlikely to adjust production in its March meeting, the organization's secretary general said Thursday, adding he expects oil prices to remain at current levels through the first half of the year.

Fruit of the Loom Inc. said it would close the Fayette Cotton Mill, resulting in 290 layoffs at an anchor industry that has operated since the late 1920s.