Business News

A U.S. Coast Guard refueling base and one of the few emergency landing spots for commercial airliners in the North Pacific could be put in jeopardy in March when a Georgia-based corporation abandons the Midway Islands.

Amtrak plans to lay off 700 workers and cut costs elsewhere to trim what it says is a $200 million shortfall this year, two sources knowledgeable about the moves said.

Kaiser Aluminum Corp. will miss a $25.5 million interest payment this week, and officials say they are talking with creditors about restructuring debt.

With just days to spare, Fox has sold out all available commercial time in Sunday's Super Bowl telecast at an average price of just under $2 million per 30-second ad.

Layoffs at a plywood plant in Randolph County will cut deep, according to many residents in the area.

United Parcel Service Inc.'s custom brokerage unit Fritz plans to sell a division that performs work entirely for FedEx Corp. to that company's Tower Group International unit.

German electronics and electrical engineering giant Siemens AG has agreed to a multiyear partnership with HealthSouth Corp., a provider of outpatient surgery, diagnostic imaging and rehabilitative health care services.

United Parcel Service Incorporated's custom brokerage unit Fritz plans to sell a division that performs work entirely for FedEx Corporation to that company's Tower Group International unit.

Some Saginaw-area telephone callers dialing the United Parcel Service are instead getting connected with a sexy chat line.

WNEG-TV 32's parent company Media General today announced fourth-quarter and full year earnings.