IRVING, Texas (AP) — Commercial Metals Co., which has been hurt by weak construction demand, said Friday it plans to sell or close a number of facilities, leading to the loss of nearly 1,500 jobs. The Irving, Texas, company said 1,130 jobs will be lost at a steel pipe manufacturing plant in Croatia, which the company said it plans to either sell or close after it winds down production over the next several months.
DETROIT (AP) — Toyota Motor Corp.'s U.S. market share has slid from 17 percent for all of 2009 to 11.5 percent last month. The company was passed in sales and market share last month by a surging Chrysler Group LLC, which in the past was far behind Toyota. An industry analyst told investors on Friday that it could take several years for Toyota to recover.
MURRAY, Ky. (AP) — A fire marshal says an equipment malfunction caused a blaze that destroyed a popcorn plant in southwestern Kentucky. Murray Fire Marshal Dickie Walls told the Murray Ledger & Times that the Ellis Popcorn Company building in Murray is a total loss (http://bit.
SUNNYVALE, Calif. (AP) — A man described as a disgruntled employee who opened fire on his co-workers at a California limestone quarry was shot and killed by deputies Thursday, bringing an end to a heavily armed manhunt in Silicon Valley. Three deputies on routine patrol in a Sunnyvale neighborhood encountered the man, identified by a coroner's investigator as Shareef Allman, around 7:30 a.
CRANE, Ind. (AP) — A new report says federal military and security spending resulted in $4.4 billion in contracts for Indiana companies last year, although analysts expect sites across the state will face more competition with anticipated Defense Department budget cuts. The report by Indiana University's Indiana Business Research Center credits defense contract spending and the state's military bases — including Crane Naval Surface Warfare Center, Camp Atterbury and Muscatatuck Urban Training Complex — with supporting about 56,000 jobs.
DETROIT (AP) — Nissan Motor Co. plans to spend $1.5 billion to build a new factory in Brazil and develop new vehicles as part of its plan to become the leading Asian auto brand in the country. The plant, to be built in Resende in the state of Rio de Janeiro, will open in the first half of 2014 and will be able to build 200,000 vehicles per year.
WENTZVILLE, Mo. (AP) — General Motors can move forward on a proposed $380 million expansion of its plant in the St. Louis-area town of Wentzville, now that a union has approved local work rules for the plant. The St. Louis Post-Dispatch (http://bit.ly/obNHqz) reports that members of United Auto Workers Local 2250 approved the four-year local work rules contract on Thursday.
SUMTER, S.C. (AP) — Continental Tire said on Thursday that it will build a $500 million plant in Sumter County and bring 1,600 jobs to the area after sealing the deal with a desperate round of door-knocking to convince property owners to sell land for the plant. The company had confirmed the poorly kept secret less than an hour before the formal announcement at the Sumter Opera House, a century-old building where tires bookended a stage and the German tire maker's logo filled a screen.
TOKYO (AP) — Mazda will stop producing vehicles with its signature rotary engines in June next year because of poor sales and the costs of meeting emissions standards. Mazda Motor Corp. said Friday the latest edition of the Mazda RX-8 will go on sale Nov. 24, targeting sales of 1,000 vehicles, but will end production in June 2012.
WASHINGTON (AP) — President Barack Obama said Thursday the U.S. must not surrender development of clean energy to China and other countries, despite the spectacular failure of a solar-panel manufacturer that filed for bankruptcy after taking a half-billion dollar government loan. Obama said the government should continue to give loan guarantees to help green energy companies compete with other countries that spend billions to subsidize solar panels and other renewable energy manufacturing.
WASHINGTON (AP) — The United States added 103,000 jobs in September, a burst of hiring that followed a sluggish summer for the economy. The figure at least temporarily calms fears of a new recession that have hung over Wall Street and the nation for weeks. The Labor Department also said Friday that the nation added more jobs than first estimated in July and August.
NORFOLK, Va. (AP) — Federal regulators have settled a complaint that accused the operators of a chemical plant in Franklin of spilling toxic substances into the Nottoway River. The Environmental Protection Agency filed the complaint against Eastman Chemical Resins, Hercules and GEO Specialty Chemicals.
MONCKS CORNER, S.C. (AP) — The DuPont Co. is dedicating its new expanded plant near Moncks Corner to increase the company's production of Kevlar, a fiber used in everything from tires and bullet proof vests to combat helmets. The ceremony at the expanded Cooper River Plant is being held on Thursday.
WASHINGTON (AP) — The National Labor Relations Board is postponing the effective date of a new rule requiring most private businesses to put up a poster that tells workers about their right to form a union. The board said Wednesday there has been so much confusion about which businesses are covered under the rule that officials want to conduct more outreach, especially to small and medium sized businesses.
MONTGOMERY, Alabama (AP) — Alabama's strict new immigration law may be backfiring. Intended to force illegal workers out of jobs, it is also driving away many legal immigrant workers who work in construction and on farms doing backbreaking jobs that Americans generally won't. The vacancies have created a void that will surely deal a blow to the state's economy and could slow the rebuilding of Tuscaloosa and other tornado-damaged cities.
WASHINGTON (AP) — For more Americans, being out of work has become a semi-permanent condition. Nearly one-third of the unemployed — nearly 4.5 million people — have had no job for a year or more. That's a record high. Many are older workers who have found it especially hard to find jobs.
DETROIT (AP) — Volkswagen is recalling 168,275 cars equipped with diesel engines because of a defect in the fuel injection system that could cause fuel leaks and fires. The recall affects certain 2009-2012 Jetta midsize cars, and some 2010 through 2012 Golf small cars, as well as some Audi A3 models from the 2010 through 2012 model years, the National Highway Traffic Safety Administration said Thursday on its website.
ORANGEBURG, S.C. (AP) — A warehouse company and its trucking affiliate are investing $10 million in Orangeburg and creating 100 jobs. Universal Trade Solutions Inc. and affiliate Fraley & Schilling Inc. announced Wednesday they're opening a manufacturing, warehousing and distribution center in the former Jacobs Applied Technology building.
COLUMBIA, Mo. (AP) — Moberly has received only part of a promised payment for a troubled artificial sweetener project in central Missouri. Bruce Cole, the former CEO of the company behind the project, had said that he would pay Moberly $250,000 by Monday to offset costs the city faced because of an earlier missed bond payment.
NEW YORK (AP) — NEW YORK (AP) — Sprint subscribers will be able to use the iPhone for the first time, giving them one more reason to stay with the ailing company. But the phone will come at a heavy price for the company. When revealing the new iPhone model, the 4S, Apple Inc.