The world's biggest steel maker posted a sharp drop in 1Q net profit, announcing earnings of $11M compared with $1.069B for the same period a year ago.
Obama says people remember that Romney's stance was that Detroit should have been allowed to go through bankruptcy without taxpayer help.
U.S. chipmaker Micron Technology Inc. said Thursday it is in talks to acquire Elpida Memory Inc., which earlier this year filed for Japan's largest-ever manufacturing bankruptcy.
MSC Industrial Supply announced it has signed an agreement to create a first-of-its-kind certificate program with Tooling U, a leader in online training for the manufacturing industry.
A judge overturned a nearly $10,000 small-claims judgment against Honda that was won by a car owner who said the automaker misrepresented the gas mileage of her hybrid Civic, according to a ruling released Wednesday.
The head of the United Auto Workers union is disputing presumptive Republican presidential nominee Mitt Romney's claim that he deserves credit for saving Detroit's automakers.
Nissan has broken ground on an engine plant in Decherd, Tenn., that is expected to create up to 400 jobs.
U.S. wholesalers increased their stockpiles 0.3 percent in March after seeing less growth in sales.
Boeing said it sold three 777s to Taiwan's EVA Air. The 777's list price is $298.3M, making the order for three of them worth almost $895M, though discounts are common.
Doubts about Europe's political and economic future drove prices down for a wide range of commodities Tuesday as worries persisted about future demand for everything from copper and oil to soybeans.
Rising car and truck sales have prompted Ford Motor Co. to add a week of production at 13 North American factories so the company can make another 40,000 vehicles this year.
Vehicle sales in China, the world's largest auto market, rose in April but are down for the year amid tighter credit and slower economic growth.
Toyota's quarterly profit more than quadrupled to $1.5 billion, and the automaker gave upbeat forecasts as it recovers from a sales plunge caused by the tsunami in Japan last year.
The pump and valve maker said acquisition costs helped the company swing to a loss in its first quarter, even as its newly acquired business helped boost revenue sharply.
Ford is adding 27,000 Windstar minivans from Virginia to a larger recall because the rear axles can crack and fail.
Wholesale baking company Hostess Brands Inc., has notified the state it may lay off more than 180 workers in Wisconsin as part of its plan to get out of bankruptcy.
It looks just like iRobot's Roomba vacuuming machine, except the new circular roaming vacuum cleaner from Sharp Corp. is trilingual, and even knows a hip humorous dialect.
BlackBerry maker Research in Motion Ltd. said it has hired two new senior executives, including a marketing chief, as the company looks to regain market share lost to Apple's iPhone.
The automaker said the approximately $30 million project will increase the annual assembly capacity of four-cylinder engines by more than 100,000.