Announcing his decision at the White House, Obama said he agreed with Secretary of State John Kerry, whose department formally rejected the proposal for a 1,179-mile pipeline crossing the nation's heartland.
Although the latest monthly jobs report from the U.S. Labor Department showed strong hiring in October, the growth didn't filter down to the manufacturing sector.
The food giant, which counts Healthy Choice, Marie Callender's and Chef Boyardee among its brands, announced plans to move its main office from Omaha to Chicago last month.
Faraday has quickly amassed a workforce that includes former employees of both Tesla and conventional automakers during its secretive 18-month existence.
A company contracted to provide advanced smartphone screens to Apple will sell some of its equipment at auction later this month as part of a settlement with the tech giant.
If approved, the four-year contract would cover 52,600 GM factory workers.
One of the world's iconic beers is about to tweak its recipe, but it's unlikely that anyone but strict vegetarians will notice much.
The United States reached an agreement Oct. 5 on the Trans Pacific Partnership with 11 other Asia-Pacific countries.
Fiat Chrysler US posted just over $1 billion in one-time pretax charges, including an $848 million adjustment for recalls and $159 million for vehicles damaged in a Chinese port explosion last August.
Mergers and acquisitions in the industrial manufacturing sector declined in the third quarter, according to the latest analysis from PwC US.
The overall U.S. trade deficit declined from $48 billion in August to nearly $41 million in September, but the drop was largely due to sharply lower oil imports.
A coalition of 18 states filed motions Wednesday seeking to defend the Clean Power Plan, responding to lawsuits filed last month against the Environmental Protection Agency.
TransCanada said it respects the U.S. decision and will continue its efforts to demonstrate that the long-delayed pipeline — a flashpoint in the global debate over climate change — is in the U.S. national interest.
The plant closings announced this week are expected to take effect over the next 12 to 24 months.
A survey found that the percentage of B2B buyers who purchased goods online jumped to 68 percent last year from 57 percent in 2013. Nearly half of buyers also expected to increase online purchasing this year.
The companies say they have "made good progress" since the last extension was announced Oct. 28.
There is a worldwide glut in commodities as economies in China and elsewhere slow. Aluminum prices since January have plunged and Alcoa's sales have followed.
The workers, classified by Volkswagen as "skilled trades" employees, make up about 160 out of 1,400 hourly positions at the Chattanooga assembly plant.
The Honda announcement arrived on the same day that the National Highway Traffic Safety Administration issued a $70 million fine to Takata over the defect.
The National Association of Credit Management's latest Credit Managers’ Index report showed improvement in the nation's manufacturing and service sectors last month.