Business News

Bank of America is heading for a courtroom to answer to a lawsuit filed by NationsBank shareholders seeking up to six billion dollars in damages from the coast-to-coast bank.

Amtrak lost $1.1 billion in 2001, the most in its 30-year history, and has not made progress toward meeting Congress' goal of self-sufficiency.

Americans, showing amazing resilience during the recession, snapped up existing homes last year and pushed sales to an all-time high.

Augusta will be one of nine cities nationwide to receive service from Atlantic Southeast Airline's new 70-seat regional jets, company officials said Thursday.

California's largest utility hopes it can shake off state regulation in bankruptcy court Friday by convincing a federal judge to let it shift its power plants and transmission systems out of the state's control.

Growth in Internet domain names slowed considerably last year as speculators who once hoped to make a fortune off easy-to-remember addresses dropped properties they couldn't unload.

Gateway Inc., the nation's fourth-largest computer maker, announced that it will eliminate 2,250 jobs and close 19 stores and several offices in an effort to cut costs as it struggles with reduced industry sales and a shrinking share of the U.S. marke

Some pilots say Airbus A300 jets should be grounded until investigators learn why American Airlines Flight 587 crashed in New York last November.

Tennessee-based Jimmy Dean Foods Inc. is voluntarily recalling approximately 3,600 pounds of frozen pork sausage products.

Edy's Grand Ice Cream on Thursday recalled 5,000 cartons of Limited Edition Girl Scouts Samoas Cookie Ice Cream because they may contain peanuts and egg.