Business News

The Federal Reserve demonstrated its worries about the U.S. economy in dramatic fashion last year by undertaking its most aggressive credit easing in nearly two decades.

Wholesale prices, led by a sharp drop in energy costs, fell by 0.7 percent in December, helping to make 2001 the tamest year for inflation at the producer level since 1986.

A panel studying Amtrak's future favors stripping the railroad of the tracks and stations it owns, but still must decide whether and how to open train operations to competition.

Production in 2001 was the worst ever for the blue crab industry in Georgia, largely because of drought and disease, officials say.

Continental Airlines is furloughing 100 more pilots in March, bringing the total number of pilots laid off since the Sept. 11 attacks to 539, or about 8 percent of its flying force.

Georgia-Pacific Corporation said Thursday it expects to post a profit in the fourth quarter instead of the loss forecast by Wall Street.

Ted Turner, in town to promote his new restaurant venture, had a reminder for those who might wonder whether bison burgers will be a hit.

The National Cattlemen's Beef Association is searching for a new chief executive.

Retailers reporting their December sales results are confirming that the discounters generally fared best. Traditional department and apparel stores were often seeing lackluster results.

The Atlanta Humane Society has filed a $75,000 defamation lawsuit against a woman who called its executive director ``Mr. Kill'' in an Internet chat room.