Michelin announced plans Tuesday to break ground on a new plant in Anderson County that could create 500 jobs making giant tires for use on heavy equipment in mines, quarries and construction sites.
Ervin has been sentenced to five years in federal prison for embezzling nearly $880,000 from a manufacturing company where she worked as a payroll administrator.
Sony Corp. more than doubled its projected annual loss to $6.4B, its worst red ink ever, due to a massive tax charge.
The value of bankrupt Saab Automobile's assets covers less than a third of its debts and only some preferential creditors will get any money back, the company's trustees said Tuesday.
China returned to a trade surplus in March but growth in exports and imports was weak as U.S. and European economic woes and a Chinese slowdown weighed on consumer demand.
Volkswagen is conducting a national search to fill the most specialized of 1,000 new jobs at its Chattanooga plant.
Major Japanese photovoltaic cell maker Kyocera Corp. said Tuesday it is considering building a 70,000-kilowatt solar power plant in Kagoshima
Nissan will make 80,000 of the new hatchback vehicles annually, forcing the plant to operate around-the-clock.
Defense contractor General Dynamics has been awarded a $7.8M contract for Gatling gun systems that will be produced at its Maine gun manufacturing plant.
Indiana's new right-to-work law should be struck down because it infringes upon unions' free speech rights by depriving them of the dues that fund their political speech, attorneys for a union challenging the law contend.
Faltering Internet icon AOL was able to squeeze out more than $1B from Microsoft for a trove of some 800 patents in an auction, the latest sign of just how valuable such portfolios can be for the world's biggest technology companies.
The judge granted summary judgment to DuPont on antitrust claims that it tried to monopolize the high-strength synthetic fibers market.
Boeing Co. has received an order from Transaero Airlines of Russia for four 787-8 aircraft, the company said Monday.
Testing at 20 more water wells in a community at the center of a debate over the safety of natural gas drilling shows no dangerous levels of contamination, according to an EPA report.
While the envisioned entry to local production in China has been a pillar of Fuji Heavy's strategy, the Subaru maker has not been able to get a permission from the Chinese government, sources said.
China has set up a rare earths industry association to fend off trade complaints and help regulate the sector that is critical to global high-tech manufacturing.
Apple is on the verge of doing what few others have: change the English language.
Sony Corp. will cut about 10,000 jobs worldwide over the next year as it tries to return to profit, Japanese news reports said Monday.
Ford is recalling more than 140,000 Focus compact cars because the passenger side windshield wiper can fail.
Federal prosecutors say an employee pleaded guilty to secretly downloading computer chip manufacturing and design documents from Intel Corp. while looking for a job elsewhere.