Olympus Corp.'s former chairman, suspected of orchestrating a massive cover-up of losses at the Japanese camera and medical equipment maker, has been arrested, media reports said Thursday.
American businesses are finding their prospects in China clouded by surging costs, intense competition, and regulatory interference, despite the country's crucial importance for their survival, according to a report released Wednesday.
Lexus is the top performer in a survey of vehicle dependability released Wednesday, but most other brands also showed improvement in an industry that has reached historically high dependability levels.
Networking company Cisco said Wednesday it is challenging Microsoft's $8.5 billion takeover of Skype at the European Union's top court to ensure Microsoft won't block other video conferencing services.
Federal officials plan to kill a proposal to build a new national high-speed wireless network after concluding it would in some cases jam personal-navigation and other GPS devices.
The world's largest maker of agricultural equipment posted first-quarter earnings of $532.9 million, or $1.30 per share in its fiscal first quarter. That's up from $513.7 million, or $1.20 per share, last year.
The 10-million-franc ($11-million) satellite called CleanSpace One — the prototype for a family of such satellites — is being built by the Swiss Space Center at the Swiss Federal Institute for Technology in Lausanne, or EPFL.
Global airlines will need $3.5 trillion of new planes through 2030, with more than a third of that demand coming from Asia, Airbus's chief executive said Wednesday.
A judge on Tuesday granted California and four other states more time to consider objecting to a class-action settlement between Honda Motor Co. and car owners over inflated fuel-efficiency claims about the automaker's hybrid vehicles.
The Boeing Co. said Tuesday that it's too early to know whether a proposal to eliminate a program to upgrade the cockpits of C-130 aircraft will affect the number of jobs the company plans to move to Oklahoma City.
A Brunswick County industrial park is being scouted as a site for a Caterpillar Inc. factory that could employ more than 1,000 people to make small excavators and tractors.
Birdsong Corp. wants another $1 million from Mississippi to expand its peanut processing plant in Aberdeen.
U.S. factories boosted output last month and December ended up being their best month for growth in five years. Busier factories are helping drive the economy.
A member of the St. Louis family that ran McDonnell Douglas is suing Boeing Co., which bought the aerospace company in 1997, alleging Boeing infringed on his patents for an unmanned drone landing system.
Solar panel manufacturers will have a hard time boosting revenues this year with Germany cutting government incentives at a time when the market is flush with supply, industry analysts believe.
Apple said Monday that an independent group, the Fair Labor Association, has started inspecting working conditions in the Chinese factories where its iPads and iPhones are assembled.
The company sold 24,409 cars and trucks to U.S. fleets in January, a 47 percent increase over January of last year. Without fleets, Toyota's U.S. sales would have been up less than 1 percent for the month, instead of the 7.5 percent increase it reported.
Maurer said, however, that Switzerland would still consider alternatives to the Gripen if the French or any other plane-makers extend worthy counter offers.
Backed by strong sales at its Jaguar Land Rover unit, India's Tata Motors posted a 40.5 percent growth in profit in the quarter ended in December 2011, the company said Tuesday.