FREMONT, California, Oct. 1 (Kyodo) — U.S. electric vehicle maker Tesla Motors Inc. said Saturday it will be ready to produce its new "Model S" electric vehicle by the end of this year at the plant it bought from the now-liquidated joint venture of Toyota Motor corp. and then General Motors Corp.
SEOUL, South Korea (AP) — If you own a consumer electronics gadget, there's a good chance something from Samsung makes it tick. The company has traveled far from its roots as a seller of cheap appliances in the 1970s and 1980s when South Korean products were more likely to be panned than praised internationally.
OSHKOSH, Wis. (AP) — Union members at one of the largest employers in the Fox Valley have overwhelmingly rejected a new contract. Local President Nick Nitschke (NICH'-kee) says 85.5 percent of union members voting Friday rejected the offer from Oshkosh Corp. But Nitschke says the union hopes it doesn't have to go on strike.
DETROIT (AP) — Pickups and SUVs led U.S. auto sales in September, as falling gas prices, promotions and pent-up demand from contractors drove demand for large vehicles. Trucks sales at General Motors, Chrysler and Ford grew in the double digits, outpacing cars and boosting overall sales.
COLUMBUS, Ohio (AP) — The developer of a uranium enrichment project in southern Ohio said Friday it is suspending contracts with some suppliers and notifying about 450 workers in Ohio, Tennessee and Maryland that they might be laid off if uncertainty about funding means it has to stop most activity on the project.
WASHINGTON (AP) — The Energy Department on Friday approved four more solar energy loan guarantees worth nearly $5 billion, hours before a controversial loan program was set to expire. Meanwhile, the Justice Department moved to take away control of a failed solar panel maker from its management and transfer it to a court-appointed trustee.
DETROIT (AP) — The United Auto Workers may be nearing a tentative contract agreement with Ford. The union has called leaders from factories across the nation to Detroit on Tuesday. That usually means a deal has been reached. But a person briefed on the negotiations says talks ended Sunday night with no agreement.
GRAND FORKS, N.D. (AP) — Union officials representing 1,300 locked out American Crystal Sugar Co. workers have mailed letters asking for a meeting with members of the sugar beet cooperative that owns the company as the harvest begins. The union workers have been locked out of five sugar processing plants in Minnesota, North Dakota and Iowa in the company's first labor impasse in 30 years.
WASHINGTON (AP) — The Justice Department says Hitachi-LG Data Storage Inc. has agreed to plead guilty and pay a $21.1 million criminal fine for participating in conspiracies to rig bids and fix prices for optical disk drives. A felony charge filed in federal court in San Francisco alleges Hitachi-LG Data Storage conspired to eliminate competition over optical disk drives sold to Dell Inc.
SAN FRANCISCO (AP) — Apple fans are amped. The computer and gadget maker is expected to announce a new, more powerful version of its wildly popular smartphone this week — more than a year after it unveiled the iPhone 4. Last week, Apple Inc. e-mailed invitations to a media event at its headquarters in Cupertino on Tuesday morning.
MEMPHIS, Tenn. (AP) — Equipment that had been used to manufacture Christmas gift wrap until a few weeks ago has been auctioned at a Memphis plant. The closing of the Cleo, Inc., plant put 588 people out of work, but also ended employment for as many as 2,700 seasonal workers each year.
NEW YORK, Sept. 30 (Kyodo) — Toyota Motor Corp. said Thursday it has begun manufacturing four-cylinder engines at a subsidiary in Huntsville, Alabama, with the aim of meeting expected market demand and "increasing the autonomy" of its operations in North America by localizing production.
TOKYO (AP) — Japan's factory production rose for the fifth straight month in August, almost restoring it to levels recorded before the March earthquake and tsunami disasters. The improvement, however, is clouded by uncertainty ahead as Japanese manufacturers contend with a persistently strong yen and a fragile global economy.
SHANGHAI (AP) — The China-based maker of signaling systems for the Shanghai subway line where two trains crashed this week, injuring 284 people, said Thursday that its equipment was not at fault. "Our signal system has nothing to do with this incident," Casco Signal Ltd., a joint venture of China Railway Signal and Communication Corp.
INDIANAPOLIS (AP) — Indiana workers taking voluntary buyouts will no longer be eligible for state unemployment benefits in Indiana beginning Saturday, and severance pay will be counted against unemployment payouts. The changes are part of Indiana's plan to pay off a $2 billion loan that the state took from the federal government to continue paying unemployment claims.
SAN FRANCISCO (AP) — The U.S. Justice Department is taking a closer look at Google's proposed $12.5 billion acquisition of cellphone maker Motorola Mobility, raising the hurdle that must be cleared before the deal can be completed. The extended review disclosed Wednesday had been widely expected since Google Inc.
SPRING HILL, Tenn. (AP) — The United Auto Workers leader in Spring Hill said restarting assembly at the General Motors Co. plant and creating some 1,700 new jobs two years after shutting it down shows the auto industry bailout was the right move and President Barack Obama deserves credit.
SOUTH BEND, Ind. (AP) — The northern Indiana-based company that makes Humvees for the military plans to lay off about 350 workers nationwide next month because of defense budget cuts and the drawdown of U.S. troops in Iraq and Afghanistan, company officials said Thursday. AM General's new production of Humvees for the U.
SANTA ANA, Calif. (AP) — A federal judge in California has dismissed a case against Toyota Motor Corp. that was supposed to be the first to reach trial out of hundreds of sudden acceleration complaints filed in federal court. U.S. District Court Judge James V. Selna ruled Thursday that the court doesn't have jurisdiction because damages could not reach a $50,000 threshold under the law.
NEW ORLEANS (AP) — A year after the space shuttle program ended a major employment presence in southeastern Louisiana, NASA chose the Michoud Assembly Facility in New Orleans to build some components of its new heavy-lift rocket — provided the project is funded by Congress, a federal lawmaker said.