HONEA PATH, S.C. (AP) -- All that remains of the abandoned South Carolina textile mill that was the site of the nation's deadliest violence during a labor strike 75 years ago are crumbling brick walls, creaky wood floors and whispers of the tragedy. The fate of Chiquola Mills is unknown, the site slated for auction in November after the owner failed to pay $5,000 in taxes and stopped demolition amid tough economic times.
CHATTANOOGA, Tenn. (AP) -- A Volkswagen board member is touting its new Chattanooga facility as "the backbone" of the German automaker's success in the United States. Board member Jochem Heizmann, in charge of worldwide production, was speaking Sunday at a gathering of local elected officials and Gov.
DETROIT (AP) — Chrysler's new Italian management on Monday announced a surprise shake-up of the automaker's executive team, saying two recently appointed brand CEOs have resigned and that it was splitting Dodge into two groups, one focusing on trucks and the other on cars. The moves, announced Monday, marked the second management reorganization since Fiat Group SpA CEO Sergio Marchionne took control of Chrysler on June 10 when it emerged from Chapter 11 bankruptcy protection.
MOLINE, Ill. (AP) — Deere & Co. says it has been notified by the United Auto Workers that union members have ratified a six-year contract. The agreement, which covers about 9,500 workers and 17,000 retirees, takes effect Monday and expires Oct. 1, 2015. Neither party provided details about the contract's terms.
PETROLIA, Pa. (AP) — The U.S. Chemical Safety Board says a pump used without an electrical safety shut off caused an acid cloud that forced hundreds of western Pennsylvania residents to evacuate last year. Indspec Chemical Corp. faces more than $150,000 in state environmental and federal workplace safety fines for the leak in Petrolia on Oct.
DETROIT (AP) — The new Italian leader of Chrysler Group LLC says he is not alarmed by the automaker's market share decline and he expects to improve the company's U.S. share from this point forward. Fiat SpA CEO Sergio Marchionne, speaking to reporters Thursday while on a tour of Chrysler's headquarters with Italy's economic development minister, also said there are no plans to reverse a decision to close an assembly plant in the Detroit suburb of Sterling Heights.
KIRKWOOD, N.Y. (AP) — An upstate New York book manufacturer is closing its doors after nearly a century in business. Vail-Ballou Press in Kirkwood will close in the next 90 days, eliminating 270 jobs. Vail-Ballou's parent company, The Maple Press Co. of York, Pa., cited a significant decrease in manufacturing demand during the recession as the reason for the shutdown.
DUNDALK, Md. (AP) — The union that represents 2,500 Sparrows Point steel mill workers says the plant's Russian owners' proposed restructuring could affect nearly a third of the work force. John Cirri, president of United Steelworkers Local 9477, said Thursday that Russian steel company Severstal's restructuring proposal details different ways about 580 jobs could be affected, including reductions, retirements or transfers.
by Yuri Kageyama, AP Business Writer TOKYO (AP) — Toyota's president said it was "extremely regrettable" an American family died in a crash in which a floor mat in one of the Japanese automaker's vehicles is suspected as the cause. "Four precious lives have been lost," Toyota Motor Corp.
TOKYO (AP) — Hyundai Motor Co. — not the up-and-coming Chinese, nor the leaner meaner Americans — is the automaker that has the Japanese seriously worried. Talk to any Japanese auto executive, and the official is likely to say the South Korean automaker is rapidly emerging as the most feared competitor to Japan's world-leading car companies.
SAN JOSE, Calif. (AP) — Global sales of semiconductors fell 16 percent in August to $19.1 billion compared to a year ago, according to an industry report Friday. But chip sales rose by 5 percent from the previous month, with strength in all geographic regions, the Semiconductor Industry Association said.
WASHINGTON (AP) — A Senate Republican who backs Northrop Grumman Corp.'s bid for a disputed $35 billion Air Force tanker contract wants to withhold funding until the service resolves a company gripe with the competition. Sen. Jeff Sessions of Alabama filed an amendment Thursday that would require the Air Force to release pricing information of previous bids from both Northrop and its partner, Airbus parent European Aeronautic Defense and Space Co.
WASHINGTON (AP) — While ceding some ground to President Obama on high-profile weapons cuts, lawmakers are cutting money for training and spare parts to pay for other weapons Obama doesn't want and their own pet projects. The push-and-pull is playing out within a massive, $626 billion funding bill for the Pentagon that is being debated on the Senate floor.
KUALA LUMPUR, Malaysia (AP) — The chairman of Wal-Mart Stores Inc. warned Wednesday the global economic recovery will likely be lethargic, even as the retailing behemoth sees great growth potential in China and India. "The world recovery is going to be led by Asia although it's going to be very challenging.
BEIJING (AP) — China announced sweeping curbs on surging investment in steelmaking, cement and other industries, warning that chaotic overexpansion was raising the danger of job losses and trouble for banks. Business groups and economists have warned that Beijing's huge stimulus might fuel a dangerous boom and bust.
WASHINGTON (AP) — Toyota Motor Corp. said Tuesday it will recall 3.8 million vehicles in the United States, the company's largest-ever U.S. recall, to address problems with a removable floor mat that could cause accelerators to get stuck and lead to a crash. The recall will involve popular models such as the Toyota Camry, the top-selling passenger car in America, and the Toyota Prius, the best-selling gas-electric hybrid.
LONDON (AP) — British defense contractor BAE Systems PLC faces a midnight deadline set by the Serious Fraud Office to agree to a settlement or potentially be prosecuted for alleged bribery, The Guardian newspaper reported Wednesday. The Serious Fraud Office declined to discuss the matter.
OSHKOSH, Wis. (AP) — The defense division of Oshkosh Corp. has signed a roughly $800 million deal with the Pentagon to deliver nearly 2,500 new and rebuilt military vehicles. Oshkosh Defense said Tuesday it will provide more than 1,450 new trucks and trailers. It will also deliver more than 1,000 tactical trucks that have been restored to like-new condition after being damaged in warfare.
WASHINGTON (AP) — The Pentagon has given Boeing Co. an "unfair" advantage in the latest competition for a troubled $35 billion tanker contract, a Northrop Grumman Corp. executive said Tuesday. The Pentagon shared Northrop's pricing data from its previous bid with Chicago-based Boeing, but did not reveal Boeing's cost estimates to Northrop.
TORRENCE, Calif., Sept. 29 /PRNewswire/ — Toyota Motor Sales, USA, Inc. takes public safety very seriously. It believes its vehicles to be among the safest on the road today. Recent events have prompted Toyota to take a closer look at the potential for an accelerator pedal to get stuck in the full open position due to an unsecured or incompatible driver's floor mat.