By the end of 2013, economist predict unemployment will drop to 7.4 percent, down from their earlier estimate of 7.8 percent, according to the AP Economy Survey.
French carmaker PSA Peugeot Citroen announced it is looking to raise $1.3 billion in new capital to fund its tie-up with U.S. giant General Motors.
Philippine officials say rising labor costs in China's southern coast are driving big foreign manufacturers to relocate to the country.
China's importance as a major consumer market is bringing fresh headaches for companies, and even celebrities, seeking to protect and claim brand names.
Small cars were looking more sleek and sporty at the Geneva Auto Show on Tuesday as global automakers struggling to make a profit in Europe tried to entice consumers to look past the continent's economic gloom.
A federal judge ruled that the National Labor Relations Board can require most private businesses to put up posters telling workers they have a legal right to form a union.
Federal prosecutors say Tze Chao is now cooperating with an investigation of a Chinese government-owned firm suspected of buying the information.
Two groups operating primarily out of China smuggled counterfeit items worth more than $300M to the U.S. in a ring that's one of the largest such scams ever uncovered, federal officials said.
Panasonic has finalized an agreement on the sale of its liquid crystal display manufacturing plant to a new display venture to be created by the Innovation Network Corporation of Japan.
U.S. factory orders fell in January by the most in 15 months after businesses sharply reduced orders for machinery and equipment.
Silver Springs Bottled Water said the plant will open under the name Crossroads Beverage Group LLC in an existing 324,000-square-foot facility.
A former executive for Glock Inc. was convicted Friday of stealing a pistol from the gun manufacturing giant and stealing millions of dollars from his employer with the help of a colleague.
The European Chamber of Commerce in China said it is disappointed with a proposed list for official auto purchases that includes only car models from Chinese automakers.
A major creditor of Proview Electronics, which is challenging Apple's use of the iPad trademark, has moved to have the ailing computer monitor maker liquidated, reports said.
As automakers prepare to roll out new models this week at the Geneva Auto Show, they are being forced to fight for a slice of an ever-shrinking market stricken with austerity and recession.
In his weekly radio and online address Saturday, Obama said Detroit automakers are on track to build cars that average nearly 55 miles per gallon by 2025, doubling current mileage standards.
A GM spokesman said that the company will shut down production of the Volt from until April 23, idling 1,300 workers at the Detroit-Hamtramck assembly plant.
The Pentagon has mothballed a laser-equipped jumbo jet after 15 years and $5 billion worth of research to develop an airborne missile defense system.
Boeing said Air Astana has ordered seven planes, including three of its new 787s. The order would be worth $1.3 billion at list prices.