Kimberly-Clark Corp. said on Thursday that it plans to spin off its health care business into a separate publicly traded company. Kimberly-Clark's stock jumped 5 percent in after-hours trading following the announcement Thursday.
The U.S. government is speeding up research on safety systems that automatically prevent drivers from operating their cars if they are drunk or aren't buckled properly.
A pipeline operated by Chevron Corp exploded in rural Milford, Texas, on Thursday and while no injuries were reported residents of the town of 700 were asked to evacuate, said company and emergency officials.
The failure so far of cellulosic fuel is central to the debate over corn-based ethanol, a centerpiece of America's green-energy strategy. Ethanol from corn has proven far more damaging to the environment than the government predicted, and cellulosic fuel hasn't emerged as a replacement.
BlackBerry said Wednesday that a $1 billion investment by its biggest shareholder and other investors is complete. Earlier this month the struggling smartphone company announced that it abandoned its bid to sell itself.
China's government on Thursday announced the second recall of Volkswagen vehicles this year, a setback for the German automaker following a March report by state TV that criticized its quality standards.
Exports, which hit a record high in June, slipped for the third straight month, dipping 0.2 percent to $188.9 billion, with sales of commercial aircraft and autos both down. Imports rose 1.2 percent to $230.7 billion, the highest level since November.
Lockheed Martin is cutting 4,000 jobs, about 3.5 percent of its workforce, as the defense contractor continues to look for ways to lower costs amid reduced government spending.
Three Tesla Motors employees were injured Wednesday after an aluminum casting press failed at its San Francisco Bay Area factory, officials said.
With a law banning undetectable firearms about to expire, federal agents are focusing attention on the latest twist in high-tech weaponry: guns made entirely out of plastic.
Despite warnings that production of Boeing's next generation 777 plane could go to another state, machinists in the Northwest voted late Wednesday to reject a contract proposal that would have exchanged concessions for decades of secure jobs.
State health officials are working this week to verify that a 20,000-barrel oil spill in northwestern North Dakota didn't contaminate groundwater.
Connecticut's nuclear plant has shut down one of its units for 48 hours due to equipment failure. Unit 2 of Millstone Power Station was down when a turbine tripped due to a loss of a condenser vacuum.
The bill cleared a parliamentary hurdle on a 97-1 vote, indicating its overwhelming support in the Senate. The legislation, passed by the House in September, also creates a national system for tracking prescription drugs from manufacturers to retail pharmacies. Final passage sending it to President Barack Obama for his signature could come as early as Wednesday.
Glass manufacturer Libbey Inc. plans to spend $20 million on new technology, research and development at its factory in Shreveport. The Louisiana Economic Development department announced Tuesday that Libbey expects to create 70 jobs.
News that the government sold $1.2 billion in GM stock last month was released by the Treasury Department Tuesday. It didn't say how many shares were sold. But based on the average price in October, the government now owns less than 4 percent of GM.
Government health system spokesman Rosendo Gaytan says a 30-year-old employee of the factory Dulces Blueberry in Ciudad Juarez died Tuesday at a hospital in Guadalajara, where he was transferred to be treated for third-degree burns.
After a bumpy start to its reinvention as a luxury brand, Lincoln hopes to smooth things out with a graceful new SUV.
There is one fire for every 1,300 gas-powered cars on U.S. roads, and for the Model S, that's closer to one in 8,000, Musk said during an interview Tuesday at The New York Times' DealBook conference. He underscored that none of the drivers in the three cases was injured.
An arbitrator has concluded that Starbucks must pay $2.76 billion to settle a dispute with Kraft over coffee distribution. The two consumer products companies had been locked in a fight for three years after Starbucks Corp. fired Kraft as its distributor of packaged coffee to grocery chains.