Business News

Ford Motor Co.'s decision to slash 35,000 jobs is the latest round of bad news to hit employees at the beleaguered automaker.

Microsoft Corp. has lost its bid to settle dozens of private antitrust lawsuits by donating $1 billion worth of computers and software to the nation's poorest public schools.

The value of the Argentine peso fell by more than 39 percent in its first day as a free-floating currency.

Federal regulators are poring over the records of a Miami-based commercial bank that the government shut down for being financially unstable.

Enron Corp. took an important step Friday in getting its once-influential energy trading operation running again.

A new industry is coming to Hancock County, bringing about 300 new jobs to an area sorely in need of an economic boost.

A dispute between BellSouth and other local telephone service providers over fees charged for internet calls must be decided in state court, a federal appeals court ruled.

A federal oversight panel for financially troubled Amtrak voted Friday to recommend opening the nation's entire intercity rail system to competition.

Farmers who hold government quotas that allow them to grow and sell peanuts at inflated prices are organizing to fight a farm bill proposal that would abolish the peanut perk.

Federal Reserve Chairman Alan Greenspan said Friday that there were scattered hopeful signs that the recession could be ending, but he warned that the American economy still faces ``significant risks.''