Malaysia unveiled a new auto policy Monday, offering incentives and easing curbs on the production of small, energy-efficient cars to vie for investment with neighboring rivals Thailand and Indonesia.
The government is closing its investigation into older-model Jeeps with fuel tanks that could rupture and cause fires. The National Highway Traffic Safety Administration said Friday it has "no reservations" with Chrysler Group's plans to recall the vehicles.
The company blamed for a chemical spill that left 300,000 West Virginians without safe drinking water filed for bankruptcy Friday, temporarily shielding it from dozens of lawsuits, many by businesses that were forced to shut down for days.
Boeing Co., Etihad Airways, the oil company Total, and others say they will work together on a program to develop an aviation biofuel industry in the United Arab Emirates. Boeing says the program will involve research and development and investments in production of fuels derived from plants that can power aircraft.
General Motors Co. says new CEO Mary Barra will get a base salary of $1.6 million per year as she takes over the global automaker. GM said in a filing on Friday that Barra will also be eligible for $2.8 million in short-term incentives. Her pay would climb further if GM shareholders approve a new long-term incentive plan at their next annual meeting.
In his weekly radio and Internet address, Obama says the U.S. is primed to bring back jobs lost in the recession or to overseas competitors. But he says to make that happen, the U.S. must act to create good-paying jobs and increase economic opportunity.
The modern energy marketplace is changing. Annual non-renewable energy expenditures for the industrial sector have been projected to grow from approximately $206 billion in 2010 to $584 billion in 2040. Thus manufacturers find themselves with increased bargaining power that can lead to larger savings.
The purge represents about 5 percent of the roughly 108,000 jobs that Intel had on its payroll at the end of December. The company intends to jettison the jobs without laying off workers, said Intel spokesman Bill Calder. The reductions instead will be achieved through attrition, buyouts, and early retirement offers.
An in-depth post-mortem can actually increase confidence in a business and encourage more trust. Everyone and every business makes mistakes, and often, what separates a successful one from a failed one is the way in which they respond to the unexpected. Proving that your company can do just that should be a matter of pride, not shame.
XTREME CUT 292 by QualiChem is specifically designed to overcome the challenges of working with difficult alloys such as titanium, Inconel, and stainless steel.
PumpScout is pleased to announce its recent partnership with pump manufacturer seepex. The company manufactures a wide a range of German-engineered Progressive Cavity pumps, macerators, control systems, and accessories from its facility in Enon, OH.
Mayhew Steel Products Incorporated announced today that it has completed the acquisition of the land and buildings adjacent to its facility in the Turners Falls Airport Industrial Park. The expansion creates a 12 acre smoke-free campus with over 80,000 square feet of manufacturing, warehouse, and office space.
Women now buy nearly half the new cars in the U.S., a sharp increase compared with a generation ago, and the auto industry is trying to demonstrate that it's keeping up with the times when it showcases the latest models to the public.
General Electric Co. posted increased revenue and profit for the fourth quarter on rising sales in emerging markets, higher banking profit, and stronger global sales of aircraft engines and oil and gas drilling equipment.
The security breach that hit Target Corp. during the holiday season appears to have been part of a broader and highly sophisticated scam that potentially affected a large number of retailers, according to a report published by a global cyber intelligence firm that works with the U.S. Secret Service and the Department of Homeland Security.
The December 2013 composite index improved to 67 from 66 in the September survey—the fourth straight quarterly advance and the highest level since the September 2011 reading of 67. For 17 quarters, the index has remained above the threshold of 50, the dividing line separating contraction and expansion.
The Kia GT4 Stinger, Toyota FT-1, Audi Allroad Shooting Brake, and the VW Dune concept cars stirred up a lot of buzz at the Detroit Auto Show.
Canada's foreign minister says it's time for the Obama administration to make a decision on the controversial Keystone XL pipeline even if the answer is no. John Baird said Thursday "We can't continue to live in a state of limbo" during a speech at the U.S. Chamber of Commerce in Washington.
The Energy Department issued its 25-page approval of the $1.65 billion plan that would refit a coal-fired power plant in Meredosia in western Illinois. The project would remove carbon dioxide from the coal and store it underground. The greenhouse gas is linked to climate change.
U.S. employers advertised more jobs in November and more Americans quit, positive signs for millions who are unemployed and looking for work. The Labor Department says job openings rose 1.8 percent to 4 million, the most in 5 ½ years. And the number of people quitting increased 1.9 percent to 2.4 million, a five-year high.