Business News

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.

Atlanta-based InterContinental Exchange has reported significant gains in trading volume since Enron's demise. Intercontinental Exchange is off to a great start in 2002

Beginning March 1, low-income seniors will be able to buy a 30-day supply of a Pfizer prescription medicine for $15, the company announced Tuesday.

A federal anti-discrimination agency may step in to win back pay or other help for workers who have signed away the right to sue their employers.