Chrysler, of Auburn Hills, Mich., logged its ninth straight profitable quarter in the third quarter of 2013, earning $464 million and propping up Fiat, which is struggling in a down European market. Without Chrysler, Fiat would have lost $340 million in that quarter; instead it earned $260 million.
New General Motors chief Mary Barra is stressing the company's support for its struggling Adam Opel AG subsidiary in Europe, saying Opel workers will get the job of building a new vehicle at the company's main plant in Germany.
A Virginia-based aerospace products supplier has won a Boeing contract to build substructural composite components for the 787 Dreamliner assembled in North Charleston as the airplane builder ramps up its production rates.
Samsung Electronics Co. has signed an agreement with Google Inc. to cross-license their patents, reducing the risk of costly legal disputes over intellectual property and likely fostering greater collaborate between the two tech giants.
The Arkansas Pollution Control and Ecology Commission lifted a stay on an air permit for the $1.1 billion Big River Steel plant near Osceola. The stay was imposed when rival steel-maker Nucor Corp. objected to the issuance of an air permit last year by the state Department of Environmental Quality.
In the interview aired Sunday night on German public television broadcaster ARD, Snowden said if German engineering company Siemens had information that would benefit the U.S., but had nothing to do with national security needs, the National Security Agency would still use it.
The largest loan is for $2 million to build a manufacturing plant in New Tazewell. According to the USDA, the pass-through loan will go through the Powell Valley Electric Cooperative to Homesteader, Inc., a trailer manufacturer.
Tennessee Economic and Community Development Commissioner Bill Hagerty says the company will invest $25 million in manufacturing equipment and building and infrastructure improvements in Morristown.
"It's the baddest truck I've ever seen," college student London Muse said Thursday while admiring the Tuscany Black Ops edition, a Ford F-150 customized by a Fort Worth company to give the truck a total sticker price of $68,542.
The downturn began Thursday following signs that manufacturing was contracting in China, a major importer of raw materials and a key driver of global economic growth. The values of currencies in several emerging markets have dropped.
British Prime Minister David Cameron says efforts to eradicate poverty must go hand-in-hand with curbing global warming. The comments came Friday at an Associated Press debate looking ahead to the expiration of the United Nations' "millennium goals."
Yokogawa Corporation of America, a manufacturer of equipment measurement, control, and automation, has announced the opening on its new facility in Newnan, Ga., which was built in response to increased demand for its products and service offerings.
Florida Gov. Rick Scott is calling for spending $30 million a year on new job training programs. Scott on Thursday announced the initiative during a stop at a convenience food manufacturer. The programs will be focused on fields in science, technology, engineering and math and high-demand areas.
In a turnabout, there are now slightly more union members working for private firms than in government, the Bureau of Labor Statistics reported Friday. That reverses a five-year trend. Although the rate of membership among all workers didn't budge, the overall number of union members grew slightly, rising about 162,000 to nearly 14.5 million.
A regulatory filing says the Overland Park, Kan.-based company began drawing up layoff plans last week. A Sprint spokesman says the company's managers are still reviewing how many jobs they will need to cut. The purge is expected to be completed by the end of June.
The Mac introduced real-world metaphors such as using a trash can to delete files. It brought us fonts and other tools once limited to professional printers. Most importantly, it made computing and publishing easy enough for everyday people to learn and use.
Among her priorities is making GM's brand messages clear and consistent worldwide. New vehicles like the Cadillac ATS sedan — which goes on sale in China this year — can help Cadillac become a global luxury brand. Chevrolet needs to show that it provides a lot of value to buyers.
Amid warnings from business groups and car manufacturers about using higher concentrations of ethanol in gasoline, a Missouri Senate committee considered Thursday whether to permanently block a proposal allowing gas stations to sell fuel containing 15 percent ethanol.
Watch out for exploding toilets. Flushmate, the maker of a high-pressure flushing system sold at Home Depot and Lowe's, is expanding its recall of the parts, because they can burst near a seam with force enough to shatter the toilet tank.
PepsiCo said it plans to invest $5 billion in the country over the next five years, with the funds going toward efforts such as the expansion of its production lines and delivery infrastructure, and the strengthening of research and development capabilities.