MONTREAL — AbitibiBowater announced Thursday that it will suspend production indefinitely at several Canadian and U.S. mills in a corporate streamlining that will affect about 1,500 Canadian workers. The cuts, which begin Oct. 31, reflect the insolvent newsprint giant's restructuring efforts under the bankruptcy protection laws in Canada and the United States.
BATON ROUGE, La. (AP) — A judge's approval of a settlement agreement between the state and Pfizer Inc. means Louisiana will receive more than $670,000 from the drug maker over alleged improper marketing of an antipsychotic drug. Louisiana was among the states that reached a $33 million settlement with Pfizer, the world's largest drug manufacturer.
September 16, 2009 WASHINGTON (AP) — Targeting more federal money to support the auto industry, the House on Wednesday approved an expansion of U.S. government-led research into making cars and trucks more fuel-efficient. The House plan would allow the Energy Department to spend up to $200 million more each year on research and development for advanced-technology vehicles and auto parts.
September 16, 2009 WASHINGTON (AP) — Targeting more funding for the auto industry, the House is considering an expansion into government-led research of fuel-efficient vehicle technology and making research dollars more available to auto parts suppliers. The House was expected to vote Wednesday on a bill that could allow the Energy Department to spend up to $550 million a year to conduct advanced technology vehicle and component part research and development.
September 16, 2009 FRANKFURT (AP) — Fiat and Chrysler CEO Sergio Marchionne said Wednesday that the new auto alliance can reach a production of 5.5 million to 6 million cars a year on its own once the economy and car markets stabilze. "We will arrive alone at 6 million units. Between us and Chrysler, we will get there," Marchionne said on the sidelines of the Frankfurt Auto Show.
September 16, 2009 SHANGHAI (AP) -- Three people have died and an additional 17 required medical treatment after they were exposed to bags of a toxic chemical illegally dumped by a factory in eastern China, the local government said Wednesday. Four of the people sickened were children who played near the chemical, 2,4-dinitrophenol -- a poison used in scientific research and in manufacturing various chemicals, explosives and pesticides, according to a statement by the government in Dongyang, a city 250 kilometers (160 miles) southwest of Shanghai.
September 16, 2009 BEIJING (AP) — If China's economy continues to expand rapidly and rely heavily on coal and other fossil fuels until the middle of the century, its power demands could exceed what the entire planet can withstand, according to a study by government think tanks released Wednesday.
September 16, 2009 WASHINGTON (AP) — The deficit in the broadest measure of foreign trade shrank in the spring to the lowest level in relation to the total economy in 18 years, another dramatic sign of how much the recession had reduced America's appetite for foreign goods. The Commerce Department said Wednesday the deficit in the current account dropped to $98.
September 16, 2009 WASHINGTON (AP) — NASA's weakened return-to-the-moon program got a lift Tuesday on Capitol Hill. The head of a special expert panel conceded to Congress that the moon program could work if given enough money. That would mean another $3 billion a year for the program proposed by President George W.
September 15, 2009 PITTSBURGH (AP) — President Barack Obama told the AFL-CIO Tuesday his administration has "stopped our economic free fall" and is determined to seal a recovery while revitalizing America's middle class. Shoring up a key part of his political base, Obama told the labor federation's convention that the administration is a fierce supporter of workers' rights and defender of unions.
Despite a recession, manufacturing capacity for solar panels will rise at a rate of 45 percent each year, from 875 megawatts in 2008 to 3,880 megawatts in 2012, according to GTM Research's recently published report "PV Manufacturing in the United States: Market Outlook, Incentives and Supply Chain Opportunities (http://www.
September 15, 2009 KEEWATIN, Minn. (AP) -- Union officials at an idled northern Minnesota taconite plant say they've been told by U.S. Steel that production will start again soon. Steelworkers 2660 President Jack Thronson says he received a call Monday from Pittsburgh-based U.S. Steel saying the company will bring workers back.
September 15, 2009 RALEIGH, N.C. (AP) — Federal safety officials have rejected a series of urgent recommendations that investigators offered after an explosion at a Slim Jim factory in North Carolina killed three people. Documents obtained by The Associated Press show that staff members of the U.
September 15, 2009 BEIJING (AP) -- China tried Tuesday to allay fears of a trade war with Washington over tire tariffs, saying it will press a World Trade Organization case against new U.S. duties but wants to avoid harming relations. "U.S. and Chinese trade and economic relations are the most important bilateral relations.
September 15, 2009 BRUSSELS (AP) — Intel Corp. is claiming in court documents that European Union regulators made serious mistakes in levying a record euro1.06 billion ($1.45 billion) fine for monopoly abuse last May. In a legal plea published in the European Union's Official Journal, the U.
September 15, 2009 OKLAHOMA CITY (AP) — Officials from companies based in Oklahoma and Georgia plan on Tuesday to discuss an agreement under which all-electric, street-legal, low-speed vehicles will be assembled and sold in Oklahoma. The agreement between AMP Control Inc. of Piedmont and Wheego Electric Cars Inc.
September 15, 2009 WASHINGTON (AP) — Going before groups of autoworkers and union members, President Barack Obama is trying Tuesday to assure blue-collar audiences that the economy is coming back — and that his administration deserves credit for saving some of their jobs. Obama is scheduled to meet with workers at the General Motors Lordstown assembly plant near Youngstown, Ohio, where GM recently was able to start a second production line because of demand prompted by the federal Cash for Clunkers program.
September 14, 2009 NEW YORK (AP) — Drugmaker Eli Lilly & Co. says it will eliminate thousands of jobs and reorganize into five business units in an effort to slash costs and speed up development of potential new drugs. The Indianapolis company says it will reduce its work force to 35,000 by the end of 2011.
September 14, 2009 PITTSBURGH (AP) -- John Sweeney, stepping down after 14 years at the helm of the AFL-CIO, urged union leaders Sunday to keep up the fight to reform health care and overhaul labor laws so workers can form unions more easily. "We're on the cusp of the greatest advance in labor law reform in 70 years, but we're taking heavy fire from the corporate captains of deceit," Sweeney told about 1,000 union members at the federation's convention.
September 14, 2009 BRUSSELS (AP) — The European Union said Monday that the recession in the euro-zone and EU will likely have ended in the third quarter with the resumption of modest economic growth. In an update to its May forecast, the EU cast doubt on strength of the upswing, saying it won't change its prediction for the euro-zone and EU economies to shrink by 4 percent this year.