Business News

Fire broke out Thursday morning at the Georgia-Pacific plant here, where about 3,000 people are employed.

James Adamson, the chairman of Kmart Corp., did not appear at a scheduled media event Thursday at company headquarters.

The U.S. economy, propelled by the biggest surge in consumer spending on big-ticket goods in 15 years, grew at an annual rate of 1.4 percent in the final quarter of 2001, the government reported Thursday.

The Commerce Department says new home sales fell 14.8 percent to a seasonally-adjusted annual rate of 823,000. That's the lowest level since June 2000.

The odds of salvaging a $1 billion cruise ship project at Ingalls shipyard in Pascagoula, Miss., are sinking fast four months after American Classic Voyages Inc. filed for bankruptcy.

Fenway Park. The curse of the Bambino. The joys and burdens of a sacred New England sports trust.

BP PLC has announced it will no longer make political donations anywhere in the world, acknowledging that the relationship between corporations and government is under unprecedented scrutiny.

Almost a year after getting the request, the Energy Department will release thousands of records on Vice President Dick Cheney's energy task force on orders from a judge who criticized the agency for moving too slowly.

BB&T Corp.'s board approved on Wednesday the repurchase of up to 40 million common shares and terminated an earlier buyback plan.

Federal Reserve Chairman Alan Greenspan told Congress Wednesday that he sees increasing signs the country's first recession in a decade is coming to an end. He cautioned the rebound this year is likely to be a subdued one.