Corning Inc. said Tuesday its output of liquid-crystal-display glass will be lower than expected in the third quarter after an earthquake halted glass production at a plant in Japan. Operations at its factory in Shizuoka, southwest of Tokyo, "are currently suspended and we believe they will remain so for some time," said Corning's chief financial officer, James Flaws.
Walk into your neighborhood grocery and you'll likely find local apples, local cherries or local potatoes. What you're not likely to find is local beef — or, for that matter, local lamb or local pork. The "locavore" movement may be sweeping the nation, but there is a big gap when it comes to meat.
An idled chemical plant in western Pennsylvania is getting back to business this week, with all of its more than 250 workers expected back by next week. Indspec Chemical Corp.'s plant is in Petrolia, about 60 miles north of Pittsburgh.
General Motors Corp. said Tuesday its Chevrolet Volt rechargeable electric car should get 230 miles per gallon (98 kilometers per liter) of gasoline in city driving, more than four times the current champion, the Toyota Prius. The Volt is powered by an electric motor and a battery pack with a 40-mile (65-kilometer) range.
Power provider Dynegy will sell eight plants plus another under development for about $1 billion in cash and $500 million in stock as the company attempts to bolster its finances and reduce debt. Houston-based Dynegy reported Monday that its second-quarter loss widened by 27 percent as it wrote down the value of some of the plants it will sell to former development partner LS Power Associates and because of falling energy prices.
As hundreds of thousands of clunkers head to the scrap yard, General Motors has dropped out of a partnership that collects toxic parts from recycled automobiles to prevent mercury pollution. Participants in the environmental program told The Associated Press the timing of GM's departure could undermine their work.
CONCORD, N.H. (AP) —New Hampshire became at least the 17th state to enact a law requiring large companies to inform workers and the state before mass layoffs or plant closings. Gov. John Lynch signed the New Hampshire Worker Adjustment and Retraining Notification Act into law Monday. It requires that companies give at least 60 days' notice before shutting down a plant or laying off one-third or more of its workforce at one time.
BAE Systems has been awarded two U.S. Army contracts combined worth more than $2 billion for infrared technology systems, with the bulk of the work planned for facilities in Massachusetts and New Hampshire. The company planned a news conference Monday at its Lexington plant to announce the 5-year contracts and demonstrate the technology.
Hiring in the alternative energy industry will pick up in the next 12 months, though it will take some time before so-called green-jobs will not become a bigger part of the U.S. job market, Labor Secretary Hilda Solis said Monday. "Once you start seeing more investments made in our economy recovering, as we stabilize and we get people back to work, then I think there'll be more interest in expanding," Solis said.
Actor Danny Glover joined striking workers at a rally in Terre Haute Saturday. Glover said he was proud that the strikers refused to be victimized. The 63-year-old actor says he grew up in a union household and says the working class is one big family.
The Cash for Clunkers program has been a boost to car sales, but the concerns of some salvage yard owners and car dealers show that not everyone is happy. Richard Harris, owner of Valley Auto Parts in Dayton, said the program's requirement that clunkers' engines and drivetrains be destroyed will lead to fewer parts and higher prices.
Put the brakes on the apologies. Think about your brands. And give us a reason to buy your cars. That's what marketing gurus say General Motors Co. must do as it begins a massive overhaul of advertising worth more than $2 billion a year now that it's out of bankruptcy protection.
General Motors and eBay Inc. are expected to announce Monday that hundreds of the auto maker's California dealers will let consumers haggle over the prices of new cars and trucks through the online marketplace, as part of a previously disclosed trial.
A hydroelectric plant being built along the Ohio River in western Kentucky will eventually provide power for communities in a half-dozen states. The $416 million project on the Cannelton Locks and Dam will employ 200 to 400 construction workers, the Messenger-Inquirer in Owensboro reports.
Despite recent approval from state lawmakers, industrial hemp growth in Oregon faces a number of hurdles, including a less than ideal local climate and likely opposition from the Drug Enforcement Agency, an Oregon State University official said. Hemp and its close cousin, marijuana, were outlawed by the federal government in the 1930s.
Dozens of Connecticut firefighters have contained a blaze at a former cardboard package factory in Torrington. The four-alarm fire at the former Smurfit-Stone Container Corp. factory on Summer Street was reported at about 5 a.m. Monday. A portion of the building was engulfed in flames when firefighters arrived.
What authorities thought was a decomposing human foot found among recyclables at a western New York landfill really came from a bear. Ontario County Sheriff Phil Povero said a worker found the object among trash Monday and notified authorities. Povero said it appeared to be a human foot but couldn't be positively identified.
Delta Air Lines Inc., the world's biggest airline operator, is planning to cut more management and administrative jobs, but isn't saying how many, according to a recorded message and a memo from top executives. Chief Executive Richard Anderson said in a recorded message to employees Thursday that Delta has seen its revenue stream decline by billions of dollars because of the weak economy and the drop-off in demand for air travel.
Employers throttled back on layoffs in July, cutting just 247,000 jobs, the fewest in a year, and the unemployment rate dipped to 9.4 percent, its first decline in 15 months. It was a better-than-expected showing that offered a strong signal that the recession is finally ending.
An employee crashed his car through a Pillsbury plant's security gate during a shift change Wednesday morning and then fatally shot a co-worker as others watched in horror, authorities said. The shooting occurred as officers were investigating a report of gunshots outside a home less than a mile away, police said.