MILWAUKEE (AP) — Engine maker Briggs & Stratton Corp. on Thursday said it will close a plant in Tennessee and shift the work to Georgia, eliminating about 690 jobs in the U.S., as it adjusts to a changing market for outdoor equipment. The company is also closing a plant in the Czech Republic, which will result in 77 job cuts there.
TEXARKANA, Ark. (AP) — Union members at Cooper Tire and Rubber Co.'s Texarkana plant will see their pay go up for their first time since 2008, when members agreed to millions in concessions to save the plant from closure. Members of United Steelworkers Local 752L approved a four-year contract 1,006-141 on Thursday.
TOKYO (AP) — Detractors say the F-35 stealth fighter, the costliest military plane ever, is destined to go down as one of the biggest follies in aviation history. But it may have found a savior: deep-pocketed U.S. allies hungry to add its super high-tech capabilities to their arsenal.
ALBUQUERQUE, N.M. (AP) — Energy Secretary Steven Chu said Thursday that the creation of a federal clean energy standard would serve as a big step toward creating a nationwide market that would spur more innovation in renewable energy technology. Many states already require a certain percentage of a utility's electricity to come from solar, wind and other renewable resources, but Chu said the nationalizing of those efforts could pay off with hundreds of millions of dollars more in investments by private companies.
WASHINGTON (AP) — Union membership grew slightly last year, giving labor leaders hope that a period of steep declines has finally bottomed out. The number of unionized workers increased by about 50,000 to nearly 14.8 million members in 2011, the Bureau of Labor Statistics reported Friday.
DEARBORN, Mich. (AP) — For Ford, there's no place like home. North America propped up the company in the fourth quarter as the European debt crisis and flooding in Thailand hurt profits elsewhere. Ford Motor Co.'s shares took an initial hit after the company missed Wall Street's expectations, but moderated once the company promised better — if still bumpy — results in 2012.
WASHINGTON (AP) — The number of people seeking unemployment benefits rose last week to a seasonally adjusted 377,000, up from a nearly four-year low the previous week. But the longer-term trend is pointing to a healthier job market. Applications have trended down over the past few months.
LOS ANGELES (AP) — An unusual small claims lawsuit by a Honda hybrid owner took another complicated turn Wednesday with additional arguments that prompted a commissioner to delay a ruling for more consideration. Superior Court Commissioner Douglas Carnahan said he was aware of "a media blitz on this case," and wanted to be clear on all of the issues raised by Honda owner Heather Peters.
WASHINGTON (AP) — The chairman of the National Labor Relations Board plans to push for new rules that would give unions a boost in organizing members, despite an outcry from Republicans and business groups who say the board is going too far. Mark Pearce said he hopes the board will propose the rules soon, now that it has a full component of five members.
CYPRESS, Calif. (AP) — Cypress-based Toyo Tire U.S.A. Corp. is recalling nearly 69,000 tires because of a possible kink near the rim area that could cause a crack and lead to tire failure. A statement on the company's website says the recall involves the Toyo Extensa A/S tires that were manufactured at the Toyo Tires plant in Georgia and have a "Made in U.
NEW YORK (AP) — If you like Apple's stock, you're going to love its suppliers. The companies that make iPhone casings, chips for the iPad and other components are attracting so many investors, they're making the stock of the beloved tech juggernaut look like it's gathering dust. Many are virtual unknowns, sporting names like TriQuint Semiconductor, Aphenol and the hopeful-sounding Skyworks Solutions, but that may be why they're doing so well.
SAN FRANCISCO (AP) — Automakers expressed qualified support for California's proposed rules to require carmakers to build more electric and other less-polluting hybrid cars and trucks by 2025. Companies including Ford Motor Corp., Chrysler Group LLC, General Motors Co., Nissan Motor Co.
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PARIS (AP) — The former head of a French company at the center of a breast implant scandal affecting tens of thousands of women worldwide was arrested along with his former deputy Thursday in southeast France, officials said. Jean-Claude Mas, who founded and ran the now-defunct implant maker Poly Implant Prothese, was detained as part of a judicial investigation in the southeastern city of Marseille into manslaughter and involuntary injuries, an official said.
NEW YORK (AP) — Caterpillar Inc. said Thursday that its fourth-quarter profit jumped 60 percent, boosted by pent-up demand for new equipment and continuing growth in developing countries. The performance of the world's largest maker of construction and mining equipment is an indicator of the strength of the global economy.
DAVOS, Switzerland (AP) — Chinese investment abroad is drawing scrutiny as global leaders increasingly look to China to prop up the world economy, even as some remain wary of the country's dominance. The head of one of China's biggest private equity firms said Thursday that foreign prejudice about Chinese investment is unfair and that Chinese investors are still learning a game that much of the world has been playing for decades.
RYDAL, Ga. (AP) — A Pennsylvania company is being fined $93,000 for what federal officials say are safety and health violations at a Georgia manufacturing plant. The Occupational Safety and Health Administration said Wednesday that Morgantown, Pa.-based Morgan Corp. failed to provide welding screens for workers and did not give employees training on how to use hazardous chemicals, among other infractions.
SAN FRANCISCO (AP) — The head of California's air quality board on Thursday called proposed rules that would require automakers to build less-polluting cars and trucks by 2025 a historic move for a cleaner environment. California Air Resources Board Chairman Mary Nichols said she hopes the rules to require that vehicles emit about 75 percent less smog-producing pollutants will "lead the nation and the world.
INDIANAPOLIS (AP) — In the end, they just didn't have the votes. For two legislative sessions, Indiana Democrats fought the divisive labor measure known as right-to-work. They offered amendments aimed at changing the bill. They sought to put the issue before voters in a referendum.
MEXICO CITY (AP) — Nissan Motor Co. announced Wednesday it is investing $2 billion to build a new manufacturing plant in Mexico. It will be the Japanese company's third in the country, helping it serve markets throughout the Americas. Construction of the plant in the northern state of Aguascalientes will begin this summer and production should start by the end of next year, according to a company statement.