Business News

Burgett Mooney Jr., chairman of the News Publishing Co. and retired publisher of the Rome News-Tribune, died Monday after a short illness. He was 81.

Burgett Mooney Jr., chairman of the News Publishing Co. and retired publisher of the Rome News-Tribune, died Monday after a short illness. He was 81.

Cruise ship owner P&O Princess PLC has spurned a third takeover bid from Carnival Corp., but that didn't stop Carnival's chief executive from meeting Monday with Princess' investors, hoping to spark a shareholder mutiny that would help him cap

Lowe's Cos. said Monday its fourth-quarter earnings should be higher than previously estimated because of better than expected weather and consumer spending.

Priceline.com, the name-your-own-price Internet company, reported a fourth-quarter net loss of $1.3 million Monday, far smaller than the same period a year ago despite a weakened airline industry.

Arthur Andersen LLP, the auditor under fire for its handling of Enron Corp.'s financial books, says it has brought in former Federal Reserve Chairman Paul Volcker to help it make fundamental changes in the way it does business.

Enron Corp. executives pocketed large amounts of money in running complex partnerships used to disguise the troubled energy company's financial problems while top managers and auditors provided little oversight, an internal probe found.

Metro Atlanta has the highest rate of bankruptcy among major metro areas, according to a newspaper's analysis of personal bankruptcy filings in more than 3,000 metro counties nationwide.

It was a rare Super Bowl where the game may have been more entertaining than the commercials.

Like so many other laid-off Enron Corp. employees, Sue Nix had been looking forward to hearing its embattled former leader explain what happened.