TOKYO (AP) — The big danger for Toyota isn't the cost of the massive U.S. recall to replace gas pedals, but instead shrinking income from the surging yen, a top executive said Friday. Toyota Motor Corp. Executive Vice President Yukitoshi Funo acknowledged the cost was considerable for replacing gas pedals on about 4 million vehicles to prevent a problem of floor mats getting stuck and possibly causing sudden acceleration.
LONDON (AP) — Britain's Corus, Europe's second-largest steel producer and a subsidiary of India's Tata Steel, said Friday it will lay off 1,700 workers in northeast England in January because a major customer has broken a contract. Corus said a consortium of four companies has ended a 10-year contract signed in 2004 to buy about 80 percent of the output from Redcar Blast Furnace, Lackenby steelmaking and the South Bank Coke Ovens.
LOS ANGELES, Dec. 3 /PRNewswire-FirstCall/ -- Fiesta Movement agents and their Twitter friends gathered at the Palladium in West Hollywood Tuesday night and set a new Guinness World Record for the "most attendees at a tweetup" Ford's Fiesta Movement Awards Celebration provided attendees with a sneak peek of the North American Fiesta in advance of its reveal at the Los Angeles Auto Show Fiesta Movement agents have traveled more than 1.
December 2, 2009 DEARBORN, Mich. (AP) — Ford Motor Co.'s big U.S. gamble on small cars begins Wednesday when it formally unveils American versions of the new Fiesta subcompact at the Los Angeles Auto Show. Ford is hoping that the Fiesta and the U.S. version of the European Focus will take sales from the competition as the market shifts toward well-appointed smaller, more efficient vehicles.
December 2, 2009 DETROIT (AP) — The leader of the new General Motors was done in by an old problem at the nation's largest car maker: Change wasn't happening fast enough. GM's board and CEO Fritz Henderson parted ways Tuesday, the board upset that the automaker's turnaround wasn't moving more swiftly and Henderson frustrated with second-guessing, two people close to the former CEO said.
December 2, 2009 RALEIGH, N.C. (AP) — Workplace inspectors cited ConAgra Foods Inc. and a contractor for dozens of serious safety violations in the June explosion at a Slim Jim plant that killed four people, the state Labor Department said Tuesday. Most of the citations against ConAgra Foods and Energy Systems Analysts Inc.
December 2, 2009 HARRISBURG, Pa. (AP) — Workers at the Harley-Davidson plant in south-central Pennsylvania are poised to vote on whether to accept a labor contract that could keep the plant there. However, the contract up for a vote Wednesday also would pave the way for deep job cuts at the York plant.
December 2, 2009 FRANKFURT (AP) — German carmaker Daimler AG said Wednesday it will move some of its Mercedes Benz C-Class car production to its Tuscaloosa, Ala., plant to take advantage of a growing market, lower production costs and to avoid currency fluctuations. Daimler said production of the new generation of the C-Class should start there in 2014.
December 2, 2009 Northrop Grumman Corp. said on Tuesday it won't bid on a huge contract to make a new Air Force tanker plane unless the Defense Department changes the rules. Northrop has been tussling for years with Boeing Co. over a contract worth at least $35 billion to build 179 new Air Force tankers.
OMAHA, Neb. (AP) — Rural areas in middle America are being hit particularly hard by what could be another dip into recession for the region, according to a survey of business leaders and supply managers in nine Midwest and Plains states released Tuesday. November's Business Conditions Index for the Mid-America region stood at 47.
GRENADA, Miss. (AP) — The AbitibiBowater newsprint plant in Grenada now employs 181 people — its lowest number on record — but Manager Wade Taylor says they "have been willing to do whatever is necessary to keep the plant going." Newsprint sales have been shrinking over the years, and this year was difficult, Taylor said.
SAKAI, Japan (AP) — Huge sheets of glass are guided by robotic arms, sliding and turning in a towering germ-free plant, the world's first making giant "10th generation" panels for flat screen TVs. Japanese electronics maker Sharp Corp.'s futuristic-looking plant doesn't have a single worker on the floor.
HARTFORD, Conn. (AP) — Boeing Co. has completed a key test of the long-expected 787 jetliner, which an analyst called an "important sign of progress" Tuesday. The Chicago-based aerospace giant said Monday it completed the test, five months after it delayed the first test flight and said it needed to reinforce small areas near the connection of the wings and fuselage.
MINNEAPOLIS (AP) — Doctors at the Mayo Clinic and government public health experts have confirmed the mysterious illnesses in 24 slaughterhouse workers in Minnesota and Indiana from 2006 to 2008 was caused by an autoimmune response to a mist of pig brain tissue. Their article was published Monday in the British medical journal Lancet Neurology.
HELSINKI (AP) — Nokia Corp., the world's biggest mobile phone maker, said Tuesday it has filed suits against several leading liquid crystal display makers — including Philips, Toshiba, Sharp and Samsung — for alleged price fixing. Nokia spokesman Mark Durrant said the suits — filed last month in the United States and Britain — came amid international criminal investigations in the U.
PITTSBURGH (AP) — Making one's true love happy will cost a whopping $87,403 this year, a minuscule increase from last year, according to the latest cost analysis of the items in the carol "The Twelve Days of Christmas." That's the grand total for the single partridge in a pear tree to the 12 drummers drumming, purchased repeatedly as the song suggests, according to the annual "Christmas Price Index" compiled by PNC Wealth Management.
TRENTON, N.J. (AP) — Big businesses are spending serious time and money trying to limit the swine flu pandemic's impact on operations, from bankrolling video on good hygiene to training employees to cover for co-workers with critical jobs. Companies from health insurer UnitedHealth Group Inc.
MONTGOMERY, Ala. (AP) — A white Sonata getting the finishing touches at Hyundai Motor Manufacturing Alabama is the 1 millionth vehicle produced at the plant. The vehicle was at the center of attention from plant officials and the company's supply chain as it headed for completion on Monday.
FRANKFURT (AP) — About 10,000 workers at German carmaker Daimler AG's Sindelfingen plant gathered Monday to ask management not to send production of its C-Class Mercedes cars to the U.S., a move the company is considering to take advantage of lower production costs and to avoid currency fluctuations.
PEORIA, Ill. (AP) — Caterpillar Inc. said Monday it plans to buy a subsidiary of a South Korean manufacturer of components for earthmoving and other machinery. The world's largest maker of mining and construction equipment says it will acquire JCS Co. Ltd., a subsidiary of Jinsung T.