Business News

Air Jordan, the most successful brand of Nike basketball shoes, is taking a vertical leap with a price of $200 a pair.

An important gauge of manufacturing activity ticked higher in January, suggesting that the battered sector is poised to emerge from its 1 1/2 year-slump, an industry group said Friday.

Delta Air Lines today announced that its flight attendants have overwhelmingly rejected an attempt by the Association of Flight Attendants (AFA) to gain representation
rights at the airline.

Sales of Ford Motor Co. vehicles dropped 12.6 percent last month compared with January 2001, the automaker reported Friday.

The accounting profession is taking steps to eliminate the appearance of conflicts of interest in the kinds of services they offer their audit clients.

Amtrak on Friday threatened to discontinue all long- distance train service in October if Congress doesn't give it $1.2 million in the next budget year.

The Atlanta Business Chronicle is reporting Kmart is ready to ax nine of its Atlanta metro area stores, according to sources, including an Atlanta Highway store in Athens.

Beaulieu Group, LLC and Springs Industries, Inc. today announced they have signed a letter of intent for the sale of Beaulieu's rug division to Springs.

Secretary of State Colin Powell told the World Economic Forum on Friday that the United States was committed not only to fighting terrorists, but to battling the poverty and hopelessness that helps breed their anger.

The nation's unemployment rate unexpectedly dropped to 5.6 percent in January as businesses slowed their job cuts to the lowest level since before the terrorist attacks.