Inspectors looking into what caused a Boeing 787 Dreamliner engine to fail during a test flight at Charleston International Airport have found a second problematic plane. The National Transportation Safety Board said Thursday its investigators had found a second engine with a cracked mid-shaft. That engine was installed on a 787 that hadn't yet flown.
Campbell Soup Co. is closing two U.S. plants and cutting more than 700 jobs as it looks to trim costs amid declining consumption of its canned soups. The world's largest soup maker said Thursday that it will close a plant in Sacramento, Calif., that has about 700 full-time workers.
Under a settlement agreement with federal labor officials, Georgia-based carpet manufacturer Mohawk Industries Inc. will increase fire protection at its four carpet pad facilities. The agreement resolves citations issued by the U.S. Department of Labor's Occupational Safety and Health Administration in June 2011. Those citations followed an investigation at the company's Johnstown, Ohio, facility.
Police say an explosion at a chemical factory in South Korea has killed four people and injured eight others. The blast occurred Thursday at an industrial complex in the southeastern city of Gumi where TV and other electronic components are made.
Sergio Marchionne thinks Europe's carmakers can only survive if they reduce their enormous overcapacity together, rather than retreating behind national borders to find piecemeal solutions. Marchionne wants the European Union to coordinate continent-wide restructuring because when individual countries get involved, they only save plants on their home turf and end up injecting money to prop up hometown companies.
The Canadian Auto Workers union agreed to a new labor contract with Chrysler on Wednesday night, ending weeks of talks with the Detroit automakers and avoiding strikes and the possibility production will move to the United States. CAW President Ken Lewenza said Chrysler matched the four-year agreements the union reached with Ford and GM this month.
China's biggest steelmaker has closed a mill in Shanghai due to lack of demand in a new sign of the country's economic malaise as companies and investors look for signs of a long-awaited rebound in growth. Baosteel Group said Thursday it was closing the facility in Shanghai's Luojing district to avoid mounting losses amid weak demand for steel plate.
The Mississippi Department of Environmental Quality has fined DuPont Co.'s DeLisle plant $117,000 after pollution control equipment broke down, allowing a smokestack to emit too much during a March 2011 test. DuPont Co., based in Wilmington, Del., makes titanium dioxide, a whitening agent used in paint, paper and plastics, at the Harrison County plant.
The company that makes Japan's bullet train cars has been selected to manufacture a fleet of next generation passenger cars for Amtrak rail corridors in the Midwest and California. Illinois, Michigan, Missouri, and California are teaming up to buy the 130 bi-level cars for $352 million from a joint venture by Nippon-Sharyo and Sumitomo Corp. of America.
About 160 people who work at a southern Ohio plant will lose their jobs when the manufacturer transfers its military production to Texas. WLWT-TV reports that it'll be the latest round of cuts at the BAE Systems plant in West Chester, north of Cincinnati. The plant has already laid off several hundred workers since losing a $3 billion military contract to a Wisconsin company.
Europe's carmakers could be forgiven for worrying that the slogan for this year's Paris Auto Show, "The Future, Now", is a threat of more hardship to come rather than a promise of prosperous times. Across the region, car sales are in their fifth straight year of decline and lots and factories are filling up with unsold cars.
The Canadian Auto Workers union says it is close to reaching a new labor deal with Chrysler. CAW spokeswoman Shannon Devine said Wednesday it is quite possible the union will reach an agreement Wednesday night. The union wants Chrysler to match the deals it has reached with Ford and GM.
Spirit AeroSystems Holdings Inc. and its unions asked a federal court Tuesday to dismiss the workers' claims against the Wichita aircraft maker, agreeing there is not enough evidence to support the class-action lawsuit it faces over pension benefits.
Sharp Corp. intends to withdraw from the solar battery business in the United States and Europe as part of efforts to streamline its money-losing operations, according to the company's restructuring plan obtained by Kyodo News. In Japan, the consumer electronics maker is looking to sell its solar battery manufacturing facilities in Nara, Osaka and Toyama prefectures to consolidate production into its plant in Sakai, Osaka Prefecture.
Metals prices were tugged in opposite directions Tuesday by conflicting signals about the economy. Copper and platinum rose slightly. Palladium and silver, which can be traded as an industrial metal, fell. The price of oil, which often mirrors industrial metals, slipped to its lowest point in nearly two months in New York trading.
ThyssenKrupp Materials North America says it plans to build a new facility in Woodstock, Ala. A news release from U.S. Rep. Spencer Bachus says the company announced Tuesday that it will spend $13 million to build a new materials processing and distribution center.
Ford Motor Co. said Tuesday it plans to cut several hundred salaried workers in Europe as part of a larger restructuring in the money-losing region. The company is offering voluntary buyout programs in Germany, the U.K. and the rest of Europe. It's also cutting temporary salaried positions and some outsourced services.
Gov. Jerry Brown rode to Google headquarters in a self-driving Toyota Prius before signing legislation Tuesday that will pave the way for driverless cars in California. The bill by Democratic Sen. Alex Padilla will establish safety and performance regulations to test and operate autonomous vehicles on state roads and highways.
Toyota Motor Corp. and other major Japanese automakers plan to reduce vehicle output in China as their local sales are dwindling amid a bilateral territorial row, industry sources said Wednesday. Movements to boycott Japanese products including cars have emerged in China, the largest auto market in the world, in protest at Japan's Sept. 11 nationalization of the Senkaku Islands claimed by China.
Research In Motion CEO Thorsten Heins is promising to restore the BlackBerry phone's stature as a trailblazing device even as many investors fret about its potential demise. Heins took the stage Tuesday at a conference for mobile applications developers to rally support for the upcoming release of BlackBerry 10, a new operating system that Research In Motion Ltd. is touting as its salvation.