Saturday December 28th, 2024 8:23PM

Business News

GE reports 10 percent increase in quarterly profits
General Electric Co. said Thursday its fourth-quarter earnings rose 10 percent, to $3.93 billion, despite a weak economy and the terrorist attacks.
10:27AM ( 22 years ago )
Troubled Kmart shakes up top management, continues reviewing finances; president is out
Amid speculation Kmart Corp. could seek bankruptcy protection, the troubled retailer announced on Thursday some sweeping management changes and said it was continuing to review its finances.
10:25AM ( 22 years ago )
USDA wants to expand new meat inspection system that may affect poultry processors
The government wants more meat processors to change the way their products are inspected, although congressional investigators say there's no proof the new system is as safe as the traditional program.
8:44AM ( 22 years ago )
Ford loses $5.07 billion in 4th quarter
Ford Motor Co. posted a $5.07 billion loss for the fourth quarter of 2001, mostly due to heavy costs related to its recently-announced restructuring plan.
8:31AM ( 22 years ago )
Delta offering credits for stranded passengers
Delta Air Lines is offering thousands of passengers stranded in Atlanta by a rare snowstorm credits for future travel as an airport task force studies how to avoid future weather woes.
7:34AM ( 22 years ago )
Alcoa plans layoffs at Jonesboro site in March
Alcoa Engineered Products will shutdown its Kawneer Co. plant in Jonesboro by the end of March, eliminating nearly 250 jobs.
7:32AM ( 22 years ago )
Georgia loses 89,000 jobs in 2001
Georgia lost 89,000 jobs in 2001 the first net loss in 10 years - the state Department of Labor said Thursday.
7:23AM ( 22 years ago )
Deadline for Crop Disaster program on Friday
Farmers who cited losses from natural disasters or weather-related problems can apply for federal aid - but the deadline is Friday.
7:22AM ( 22 years ago )
Law firm drops request for temporary restraining order against Willamette
In a brief flurry of legal papers, a law firm representing shareholders of Willamette Industries Incorporated today filed and then withdrew a temporary restraining order request seeking to block a possible deal to buy a Georgia-Pacific Corporation divisio
6:28PM ( 22 years ago )
Retailer will dump Fingerhut unit, revises earnings guidance
Federated Department Stores says it will sell or shut down its Fingerhut online retailing unit, after enduring millions of dollars in losses.
6:21PM ( 22 years ago )