WASHINGTON (AP) — President Barack Obama, In a sharp challenge to Republicans, proposed paying for his costly new jobs plan Monday with tax hikes on the wealthy that Republicans have already emphatically rejected, setting the stage for a likely new fight with Congress. By daring Republicans anew to reject the tax increases on rich Americans and corporations, Obama could gain a talking point as the 2012 presidential campaign moves forward, if not a legislative victory.
By Colleen Barry, Jamey Keaten, AP Business Writers FRANKFURT (AP) — The world's carmakers showed off the next generation of cleaner, smaller, and higher-mileage vehicles at the Frankfurt auto show Tuesday, but all the thumping sounds systems, slick videos and glossy concept cars could not obscure the anxiety about Europe's financial crisis.
NEW YORK (AP) — An executive from Boeing Co. said Tuesday the airplane maker continues to have a "very positive outlook on the commercial aerospace market" despite growing economic uncertainty. Speaking at Deutsche Bank Aviation and Transportation Conference, Boeing's vice president of business development, Nicole Piasecki, said airlines are still buying new aircraft despite renewed fears about a slowdown in the U.
FRANKFURT (AP) — Daimler CEO Dieter Zetsche says he aims to make Mercedes the strongest luxury brand by the end of the decade. Zetsche says Mercedes is launching 10 new entries in the next four years — including five compact cars — in its bid for volume. He refused to set a target, saying the goal was to produce more cars than premium competitors Audi and Porsche.
FRANKFURT (AP) — Fiat and Chrysler CEO Sergio Marchionne said Tuesday that the combined companies still aim to produce 6 million cars a year by 2014 despite the increased uncertainty in global financial markets. Speaking on the sidelines of the Frankfurt Auto Show, Marchionne expressed frustration at Europe's spiraling debt crisis, which threatens to engulf Fiat's key market of Italy.
WASHINGTON (AP) — House Republicans, angry over the government's labor dispute with Boeing Co., are taking up a bill that would prohibit the National Labor Relations Board from ordering any company to close plants or relocate workers, even if a company flouts labor laws. The measure would undercut a high-profile lawsuit filed in April that accuses Boeing of violating labor laws by opening a new production line for its 787 airplane in right-to-work South Carolina.
SANTA ANA, Calif. (AP) — A federal judge in California has tentatively decided not to dismiss the first of hundreds of lawsuits over acceleration problems against Toyota Motor Corp. U.S. District Judge James Selna said Monday he may reject a motion by Toyota seeking to toss the suit, which involves a Utah crash that killed two people.
FRANKFURT (AP) — The world's car makers sought to look past economic worries in Europe and the United States at the Frankfurt auto show on Tuesday, with many betting on cleaner, smaller, high-mileage vehicles aimed at evolving consumer tastes. The industry, which suffered through the recession caused by the 2007-2009 financial crisis, has been riding the global recovery but now is looking at shakier prospects amid Europe's debt crisis and worries about the U.
WASHINGTON (AP) — The Federal Aviation Administration proposed a $1.1 million fine Monday against an aircraft repair station for allegedly using improper maintenance procedures to find cracks and prevent damage to the fuselages of 44 Southwest Airlines jets. From 2007 to 2009, Aviation Technical Services Inc.
WASHINGTON (AP) — AT&T is countering the U.S. government's attempt to block its $39 billion acquisition of T-Mobile by depicting the deal as a way to provide consumers with better cell phone service at lower prices. The argument, submitted in a Friday court filing, is AT&T Inc.
ROGERSVILLE, Mo. (AP) — A southwest Missouri company that makes truck bed covers and accessories is planning a $5.3 million expansion. KOLR-TV reports (http://bit.ly/nTk1Aa ) that the company, Undercover Inc., plans to add 70,000 square feet and hire 30 more employees at its plant in Rogersville.
CROSSETT, Ark. (AP) — Georgia-Pacific officials say the company is indefinitely suspending its plywood and stud manufacturing operation in Crossett, affecting 700 employees. Officials said Friday a "depression" in the residential and commercial construction market is forcing the company to shut down its factories in southeastern Arkansas and Hawthorne, Fla.
WICHITA, Kan. (AP) — Negotiations have resumed between Spirit AeroSystems and the union representing its engineering and technical workers. Talks started earlier this summer, but stopped in July after members of the Society of Professional Engineering Employees in Aerospace members rejected the company's 9 1/2-year contract offer.
FRANKFURT (AP) — Germany's highly profitable auto makers are rolling out important new vehicles in the ferociously competitive small car market at this year's Frankfurt auto show. The Volkswagen Up subcompact, Mercedes-Benz's streamlined B-Class hatchback and BMW's electric-powered i3, aimed at crowded cities with its zero-emission motor and lightweight, carbon-fiber reinforced body, are all major bets on what will appeal to buyers — and help earnings through an uncertain year ahead in which global demand may slow.
DETROIT (AP) — Federal safety regulators have opened an investigation into Dodge and Chrysler minivans from the 2005 model year because the headlights can fail without warning. The National Highway Traffic Safety Administration said on its website that 622,817 Dodge Caravan and Chrysler Town and Country minivans could be affected by the problem.
CHICAGO (AP) — Cargill Inc. announced a second recall of ground turkey products Sunday after a test showed salmonella in a sample from the same Arkansas plant tied to a recall issued last month. The second recall is much smaller than the one the company issued Aug. 3 for 36 million pounds of ground turkey.
STOCKHOLM (AP) — A Swedish trade union on Monday said it will take bankruptcy action against troubled automaker Saab Automobile to secure payments to its members, who still haven't received their August salaries. White-collar labor union Unionen said it will file bankruptcy proceedings against Saab on Monday afternoon, following last week's rejection of Saab's application for bankruptcy protection by a district court.
TOKYO (AP) — Suzuki Motor Corp. said Monday it will abort its alliance with Volkswagen AG following a nearly two-year marriage that never worked. Even at what appeared to be the end of the union, the two companies seemed unable to agree as Volkswagen said it wanted the cooperation to continue.
NEW YORK, Sept. 11 (Kyodo) — Honda Motor Co. is recalling 310,773 units of the Pilot sport utility vehicle in the United States due to defective parts in seat belts, according to the U.S. National Highway Traffic Safety Administration. Subject to the recall are 2009-2011 model year Pilot vehicles manufactured from March 13, 2008 through Aug.
DETROIT (AP) — Volkswagen is recalling more than 30,000 Jetta sedans from the 2011 and 2012 model years because the tailpipes can stick out too far and burn people. The National Highway Traffic Safety Administration says on its website that stainless steel exhaust pipe tips installed at the point of importation can stick out farther than the factory-installed tailpipes.