AMSTERDAM (AP) — Aviation experts say recent test flights have proved the viability of plant-based fuels for jet aircraft and that they may largely power airline traffic within a decade. They say the focus now is on finding plants that can be used without taking land from food crops or causing deforestation.
COLUMBIA, S.C. (AP) — A diesel generator plant in South Carolina plans to add up to 500 jobs in the next four years. The State newspaper reported Caterpillar plans to more than triple employment at its plant in Newberry. Caterpillar spokesman Jim Dugan says the company has 190 workers now.
TOKYO (AP) — A massive global recall, mounting legal bills and a battered reputation add up to a very expensive problem for Toyota. How expensive? Depends who you ask. With new developments emerging almost daily, predicting a final pricetag for the Japanese automaker is a daunting calculation that only some analysts have attempted.
LONDON (AP) — British union leaders and lawmakers lashed out at Kraft Inc. Chief Executive Irene Rosenfeld for failing to appear before an inquiry on the U.S. company's takeover of British confectioner Cadbury on Tuesday. The Unite union also criticized Rosenfeld for failing to meet directly with workers at Cadbury sites across the country to reassure them about the company's plans after it backtracked on a promise to keep open a local factory.
DENVER (AP) — United States Steel Corp. CEO John Surma's compensation package plummeted more than 83 percent last year as he took a salary cut and refused stock awards. The reduction came in a year the company struggled with withering demand for steel. Surma, who also is board chairman, received total compensation of $1.
WEST CHESTER, Ohio (AP) — AK Steel Holding Corp. has filed a lawsuit alleging three ex-employees of its Rockport, Ind., plant stole company trade secrets. The lawsuit filed March 11 says Donald Earley resigned as a senior process engineer last year and accepted a job with ThyssenKrupp Steel USA.
WAUSAU, Wis. (AP) — We Energies has filed for regulatory permission to build a $255 million biomass power plant near Wausau. In its application to the state Public Service Commission, the utility says the plant would supply steam to Domtar's paper mill in Rothschild and create up to 150 jobs.
COLUMBIA, S.C. (AP) — South Carolina's highest court on Monday overturned an $18 million verdict againstFord Motor Co. in a fatal crash, ruling that one expert shouldn't have been allowed to testify about cruise control problems. Sonya Watson, 17, was paralyzed after losing control of her Ford Explorer in December 1999.
FREMONT, Calif. (AP) — The United Auto Workers union has reached a tentative agreement to shut down California's sole remaining auto plant which employs 4,600 people. The terms weren't disclosed Monday but will include payouts for workers at the Fremont-based Nummi plantwhich is slated to close on April 1.
WASHINGTON (AP) — Industrial production edged up 0.1 percent in February, beating expectations and marking the eighth straight monthly increase. But the key manufacturing sector produced less —for months a rare bright spot — produced less, muting hopes for a speedy recovery.
WASHINGTON (AP) — China is once again the country Congress loves to hate. After a lull last year, U.S. politicians jockeying ahead of crucial November elections have stepped up attacks on China as a way to win support from voters worried that the Asian power is taking American jobs. China-bashing eased during President Barack Obama's first year in office, partly as a nod to the administration's attempts to get Chinese help settling nuclear standoffs with North Korea and Iran, and on important environmental and economic initiatives.
BEIJING (AP) — Foreign direct investment in China rose at its slowest rate in seven months in February, the Commerce Ministry reported Monday. Investment for February was $6 billion, up 1.1 percent from a year earlier, a period in the depths of the global crisis. Many companies closed in February for the weeklong Lunar New Year holiday, which distorts economic data.
TOKYO (AP) — Toyota and three other Japanese automakers together with a power company have set up a group to promote electric vehicles by standardizing recharging machines and marketing the technology abroad. Representatives of Toyota Motor Corp., Nissan Motor Co., Mitsubishi Motors Corp.
WASHINGTON (AP) — The federal government said Monday it cannot explain a reported incident of sudden, high-speed acceleration in a Toyota Prius on a San Diego, Calif., freeway last week. The National Highway Traffic Safety Administration said in a statement that it continues to investigate but "we may never know exactly what happened with this car.
HARTFORD, Conn. (AP) — Paul Goulet hopes Connecticut will help him get from under nearly $8,000 he's borrowed for college after losing his job in a paper manufacturing plant. Goulet, 55, is a student in environmental studies at Goodwin College in East Hartford, aiming to find work in wastewater treatment.