The Michigan Economic Development Corp. said Circuit Controls Corp. and North American Lighting Inc. are getting incentives approved by the Michigan Strategic Fund. According to the state, the expansions could mean 112 new Michigan jobs.
The Commerce Department's final look at growth in the summer was up from a previous estimate of...
Whirlpool is moving production of its commercial front-load washing machines from Mexico to Ohio...
Ford said Wednesday that pretax profit for this year should total about $8.5 billion. The...
The Labor Department said Friday that employers added jobs in 43 states and cut jobs in just seven. California, Texas and Indiana reported the largest job gains. The lower state unemployment rates are due in part to robust hiring nationwide over the past four months.
Altria Group Inc. and Philip Morris International Inc. said Friday that they've entered into agreements related to marketing alternatives to traditional cigarettes. Terms of the deal were not disclosed.
Government, academic and other researchers made comprehensive check-ups on 29 dolphins in Barataria Bay in August 2011 as part of the Natural Resource Damage Assessment — a federal process to determine the extent of damage and how to repair it. Barataria Bay was one of the areas where pelicans struggled in heavy slicks and thick globs of oil washed onto marshy islands between April and July 2010.
Government figures showed that the world's largest economy grew by an annualized rate of 4.1 percent in the third quarter, up from the previous estimate of 3.6 percent. The pace of growth is further evidence that the U.S. economy is gaining traction and helps explain why the U.S. Federal Reserve decided to reduce its stimulus by $10 billion a month starting from January.
The two Koreas have taken an initial step to open their jointly run industrial park to overseas investors. But foreigners who toured the complex on Thursday say the compound in North Korea remains a tough sell despite its cheap labor.
ADM's announcement to stay in Illinois likely will give ammunition to both sides over whether states should play ball when companies make demands, though some incentives skeptics warned not to read too much into one company's decision. Chicago, with its two international airports in the heart of Midwestern farm country, was the best place for ADM's new headquarters, CEO Patricia Woertz said Wednesday.
For the first time, the vehicles need top crash test scores and a good front crash prevention system — such as warning systems or automatic braking — to get its highest designation. Vehicles are now ranked as either a "Top Safety Pick" or "Top Safety Pick +" if they meet the front crash protection criteria as well.
Manufacturing industrial production increased at a 1.0 percent annual rate during the third quarter of 2013, but production has rapidly accelerated in the fourth quarter. Inflation-adjusted GDP increased at a 3.6 percent annual rate in the third quarter. MAPI forecasts that manufacturing production will increase 3.1 percent in 2014, a slight deceleration from the 3.2 percent forecast in the September 2013 report.
Footage released by the robot's developers on Friday showed Kirobo performing its first mission on the station, talking in Japanese with astronaut Koichi Wakata as part of an experiment testing Kirobo's autonomous conversation functions.
Jazz will make a tender offer of $57 per share for the Italian company, about a 2 percent premium to Gentium's closing stock price in the U.S. on Thursday. Gentium develops drugs to treat a variety of rare diseases and conditions, including orphan vascular diseases related to cancer treatments.
A businessman says he has reached a deal with a Chinese company to finance a proposed southern Indiana fertilizer plant that could cost nearly $1 billion to build. Ohio Valley Resources president Doug Wilson of Fairfield, Ill., announced Thursday that the Chinese company will provide equity financing for the construction while his company will manage the project near the Ohio River town of Rockport.
The move by Attorney General Gary King comes after a federal appeals court rolled back a court order that had kept Valley Meat Co. from starting operations earlier this fall. Owner Rick De Los Santos has been making plans to open Jan. 1, and his attorney said Thursday that those plans haven't changed.
Working with the International Ski Federation (FIS), the Italian manufacturer has been collecting information from skiers for four years to find the exact algorithm as to when can the system should go into effect — in other words, at what point in a fall can a racer no longer regain control.
The Food and Drug Administration will delay sweeping food safety rules proposed earlier this year and revise them to better accommodate farmers and businesses who would be affected.
BlackBerry is reporting a massive $4.4 billion loss in the third quarter and 56 percent drop in revenue. The results are the Blackberry's first under new chairman and interim chief executive John Chen.
Lockheed Martin spokesman Gordon Johndroe said the company decided it will not support nonprofit organizations that do not align with its corporate policies or commitment to diversity. The company did not disclose how much it has contributed to the Boy Scouts.
The upcoming premium TVs set will be made of LCD panels packing more than 11 million pixels, 5,120 pixels wide and 2,160 pixels high. But not much video content is available for the ultra-HD TV sets. TV makers hope the launch of the new hardware technology will fuel growth of content.
Defense chief Dennis A. Muilenburg was promoted to president and chief operating officer, and named as vice chairman of the company. Raymond L. Conner was also named vice chairman, and will continue to run Boeing's commercial airplanes division.
The fire at Industrial Plastics Recycle, about 45 miles southwest of Nashville, has been burning since Wednesday morning. On Wednesday afternoon, firefighters had to stop trying to put out the blaze after they learned that two 1,000 gallon propane tanks were on the property.
Brazil's government said Wednesday that Sweden's Saab won a long-delayed fighter jet contract initially worth $4.5 billion that will supply at least 36 planes to Latin America's biggest nation.