COLUMBIA, Mo. (AP) — A central Missouri steel fabricating plant offered state incentives earlier this year has shut down. The Columbia Daily Tribune reported (http://bit.ly/sAPWIk ) that Bonnybrook Steel Forms laid off most of its 41 employees Oct. 3 and was to hold an auction for the factory's equipment Dec.
WASHINGTON (AP) — As few as 12 different Chinese groups, largely backed or directed by the government there, do the bulk of the China-based cyberattacks stealing critical data from U.S. companies and government agencies, according to U.S. cybersecurity analysts and experts. The aggressive, but stealthy attacks, which steal billions of dollars in intellectual property and data, often carry distinct signatures allowing U.
WASHINGTON (AP) — Setting a new bar for the nation's economy, President Barack Obama said the United States unemployment rate could fall to 8 percent before he faces re-election next November. The unemployment rate, currently at 8.6 percent, hasn't been at or below 8 percent since he took office in January 2009 amid a global economic crisis.
TOKYO, Dec. 8 (Kyodo) — Nissan Motor Co. will voluntarily recall 42,041 Juke compact cars because of possible engine and door problems, the transport ministry said Friday. The doors of the cars may not shut properly if water seeps in and becomes frozen, according to the ministry.
JEFFERSON, Ga. (AP) — State officials say a Japan-based firm will construct a new $73 million manufacturing facility in northeast Georgia, creating 200 new jobs. Gov. Nathan Deal said Kubota Corp. intends to build the plant in the Jackson County town of Jefferson. Kubota is Japan's largest maker of tractors and farm equipment, and has subsidiaries and affiliates across the globe.
WASHINGTON (AP) — The number of people applying for unemployment benefits fell last week to the lowest level in nine months, that latest evidence that the job market is improving. The Labor Department said Thursday that weekly applications dropped by 23,000 to a seasonally adjusted 381,000.
DETROIT (AP) — Ford Motor Co. said Thursday it will resume paying a dividend in March, more than five years after it halted payments because of financial problems. The company's board approved a quarterly dividend of 5 cents per share. It will be paid on March 1 to shareholders of record as of Jan.
BERLIN (AP) — A German court has ruled that Apple is infringing on one of Motorola's mobile data communication patents through its sales of iPhone and iPad devices. The Mannheim state court on Friday granted Motorola unspecified damages for the use of its technology since 2003 and an injunction against sales of Apple Inc.
WASHINGTON (AP) — The National Labor Relations Board on Friday officially dropped its high-profile case challenging Boeing's decision to open a nonunion aircraft manufacturing plant in South Carolina. The board acted after the Machinists union approved a 4-year contract extension with Boeing earlier this week and agreed to withdraw its charge that the company violated federal labor laws.
DETROIT (AP) — About half of all U.S. automotive plants that have closed since 1979 are being reused, and much of that activity has come during the recent hard times for the industry and real estate market, according to a report released Thursday. The Ann Arbor, Michigan-based nonprofit Center for Automotive Research's report found that of the 267 assembly and parts plants closed during that period, 128 have found or are finding new life.
MONTGOMERY, Ala. (AP) — Alabama Republicans who pushed through the nation's toughest law against illegal immigrants are having second thoughts amid a backlash from big business, fueled by the embarrassing traffic stops of two foreign employees tied to the state's prized Honda and Mercedes plants.
HENDERSON, Ky. (AP) — A western Kentucky plastics company that operates a plant where four people were injured in a flash fire had previously been fined $26,650 by state labor officials for safety violations deemed serious, Kentucky officials said Thursday. The Kentucky Public Protection Cabinet released a series of citations issued to Polymer Partners LLC in Henderson between 2004 and 2008.
TOLEDO, Ohio (AP) — Factory workers who have been locked out for over a week accused Cooper Tire of unfair labor practices, accusing the company of asking them to approve a contract without knowing how much money they would be making. Cooper Tire & Rubber Co. locked out about 1,000 workers at its plant in Findlay on Nov.
TRENTON, N.J. (AP) — Federal inspectors say the contract manufacturer for Johnson & Johnson's cancer drug Doxil hasn't been maintaining equipment or promptly investigating defective product batches and other serious problems at its Bedford, Ohio, factory. The latest Food and Drug Administration inspection report details lax quality control, failure to follow standard procedures and even lack of follow-up about a container of urine found in the Ben Venue Laboratories Inc.
DETROIT (AP) — Ford is recalling more than 128,000 Ford Fusion and Mercury Milan sedans from the 2010 and 2011 model years because the wheels can fall off the cars. The recall affects only cars with 17-inch steel wheels built from April 1, 2009 through April 30, 2009, and from Dec.
WASHINGTON (AP) — The Obama administration wants to use the power of government purchasing to help increase the number of disabled people in the workforce. A proposed Labor Department rule would require government contractors to set a goal of having disabled workers make up at least 7 percent of their employees.
NEW YORK (AP) — Exxon expects to see more and more hybrids on the world's roads, with gas-sipping models like the Toyota Prius making up half of all vehicles by 2040. The largest publicly traded oil and gas company says in its annual energy outlook that the use of hybrids — vehicles that rely on both gas and electricity for power — and other efficiency gains will keep energy demand in check for the U.
NEW YORK (AP) — Palladium prices have hit the highest level in nearly three months on expectations that new car demand will continue to improve. Palladium for March delivery rose $14.55 to end Wednesday at $685.45 an ounce. The price has risen 20 percent in the last eight trading sessions but remains 14.
SHARON, Pa. (AP) — About 1,600 former steelworkers or their surviving spouses are getting a tiny windfall — about $33 each —from a long-forgotten bank account belonging to a bankrupt western Pennsylvania steel company. The Sharon Herald reports Thursday about $500,000 was found in the former Sharon Steel Co.
SEATTLE (AP) — Applause and cheers rang out after Unionized Boeing Machinists voted overwhelmingly to approve a four-year contract extension — a deal that grants the company labor peace and likely ends a federal complaint that had become a hot topic for Republican presidential candidates.