Business News

Today Hooters of America, Inc. announces the opening of the "nearly world famous" restaurant chain's 300th location.

Delta Air Lines today announced two airport baggage procedures to help the airline achieve 100 percent checked baggage screening, a requirement of the Aviation and transportation Security Act.

Friedman's Inc., one of the leading retailers of fine jewelry in the United States, today announced record financial results for its first fiscal quarter ended December 29, 2001.

Analysts expect that Kmart, the nation's third largest discounter behind Wal-Mart Stores Inc. and Target Corp., could close as many as 200 to 400 of its approximately 2,100 stores.

Four people have sued a Waffle House restaurant in federal court, accusing employees and security of racial discrimination and mistreatment.

CNN has agreed to a four-year contract extension with talk show host Larry King that keeps him as the cable network's highest-paid personality.

Georgia farmers who hold peanut quotas organized Tuesday to fight a provision in the proposed farm bill that they say would illegally deprive them of assets and pillage their retirement incomes.

BellSouth Corporation agreed Tuesday to pay $150,000 to settle a Securities and Exchange Commission case charging the telecommunications company with improper accounting and other business practices at two Latin American subsidiaries.

Stock of Kmart Corp. plunged close to 15 percent in midafternoon trading Tuesday, fueled by concerns over a possible bankruptcy filing amid a series of downgrades by analysts and investment rating agencies.

Accounting firm Arthur Andersen says it's firing its lead Enron auditor and putting three other auditors on leave.