NEW YORK (AP) — Fisker Automotive, a high-tech startup company, said Friday it has raised $115.3 million to develop high-end hybrid cars, bringing it closer to accessing a government loan it won last year. Fisker spokesman Russell Datz said the money brings the company close to being able to tap a $528.
BALTIMORE, Md. (AP) — A judge has given preliminary approval to a settlement in a lawsuit that involves the nation's largest poultry producer, Tyson Foods Inc. The company would pay consumers $5 million in refunds to settle a lawsuit accusing the company of falsely claiming that its chickens were "raised without antibiotics.
JACKSON, Miss. (AP) — Some Mississippi legislators are becoming impatient about the interest payments Toyota Motor Corp. is expected to make on money the state borrowed to bring a $1 billion car plant in Blue Springs. State Treasurer Tate Reeves told lawmakers during a fiscal briefing at the Capitol on Thursday that discussions are ongoing about when the automaker would begin making payments.
ST. PAUL, Minn. (AP) — A Minnesota food company its expanding its voluntary nationwide recall. The Minnesota Department of Agriculture says Parkers Farm took that action after the department determined that all products made at the company's Coon Rapids plant may have been contaminated with the Listeria monocytogenes bacteria.
DETROIT (AP) — The world's cheapest car is being readied for sale in the U.S., but by the time India's Tata Nano is retrofitted to meet emissions and safety standards, it won't be that cheap. Tata Technologies Ltd., the global engineering arm of the Tata group conglomerate, brought the tiny car to Detroit as a publicity stunt for the engineering group.
WASHINGTON (AP) — A federal judge said Thursday the Food and Drug Administration cannot stop shipments of electronic cigarettes into the United States. The preliminary ruling by U.S. District Judge Richard Leon came as California Attorney General Jerry Brown sought in a state court to halt one company's sale of electronic cigarettes.
FRENCHTOWN, Mont. (AP) — Residents of the Frenchtown Valley in western Montana are wondering what the future holds for the region now that the Smurfit-Stone Container Corp. paper mill has closed. About 70 people gathered for a meeting at a Frenchtown high school auditorium Thursday night to talk with community leaders about the impact the loss of 417 jobs will have on the region.
NEW YORK (AP) — Johnson & Johnson is again expanding a recall of Tylenol caplets due to a moldy smell that made some users sick. The company says the problem also affects some lots of its fever and pain drug Motrin. The company's McNeil Consumer Healthcare Products business said the voluntarily recall applies to some batches of Tylenol caplets, geltabs, arthritis treatments, rapid release, and extended relief Tylenol, as well as Motrin IB, chewable extra strength Rolaids, Benadryl allergy tablets, and St.
BRIDGEPORT, Conn. (AP) — Pratt & Whitney's top executive is likely to testify in federal court near the end of a series of hearings over the jet engine manufacturer's plans to move 1,000 jobs out of Connecticut. David Hess, president of the East Hartford subsidiary of United Technologies Corp.
TRAIL, B.C. (CP) — A Trail, B.C. battery recycling plant is calling in some outside help to avoid a repeat of a spectacular explosion and fire in November. U.S.-based Toxco, Inc. has retained consultants to provide advice on better building design, evaluate the process of battery receiving, storage and treatment, and prepare a risk management plan.
DETROIT (AP) — Asian automakers grabbed their biggest chunk ever of the U.S. car and truck market in 2009, but they'll struggle to build on that momentum this year as rivals in Detroit offer a fleet of efficient, small cars. All automakers that sell cars and trucks in the U.S. will try to woo cautious consumers still nervous about heavy debt, high unemployment and rising gas prices.
WASHINGTON (AP) — President Barack Obama is trumpeting a new White House estimate that his top economist calls "stunning": His stimulus plan has already created or saved up to 2 million jobs. The analysis is part of the administration's quarterly report to Congress on the controversial $787 billion package of spending and tax cuts he signed weeks after taking office.
YIWU, China (AP) — For China's low-cost jewelry makers, it was an open trade secret: The metal cadmium is shiny, strong and malleable at low temperatures, regardless of its health hazards. And it's cheap. Despite the risks, manufacturers in factories ringing this city on China's east coast say their top priority is profit.
A roundup of news and notes out of the Detroit auto show on Monday: __ Korean car maker to make electric vehicles in U.S. DETROIT (AP) — South Korean electric car maker CT&T said Tuesday it will begin producing electric cars in the U.S. this year. The company makes low-speed two-seaters and golf cart-style vehicles as well as the City EV, which can reach 65 miles per hour and travel up to 70 miles on an electric charge.
HONG KONG (AP) — China's product safety agency will look into findings that dangerous levels of cadmium are being used in exports of children's jewelry, a Chinese official said Tuesday following growing concern in the United States about the products. Attending a toy safety conference in Hong Kong, the official said that his agency only just learned of findings in an Associated Press investigation published Sunday and would examine the findings on cadmium contamination.