With labor and energy costs on the rise in Asia, Walmart highlighted an effort to promote domestic goods on Monday, including products made by more than 40 Arkansas suppliers. Bentonville-based Walmart is encouraging customers to buy items made in the United States. In the company's home state, the effort includes a red, white and black placard bearing the slogan "Arkansas' Own."
General Motors says it will invest $44.5 million at a Lansing, Mich., factory, creating 200 new...
The Kohler Co. has been ordered in federal court to pay $9.6 million to a Massachusetts...
Fiat Industrial is considering moving its tax home to Britain after it completes the merger with its U.S.-based subsidiary CNH. The possible move by the maker of heavy trucks, farm and construction vehicles would be a blow to the new Italian government of Enrico Letta, which is struggling to put public finances in order.
Three former Ford Motor Co. executives were charged Tuesday with crimes against humanity for allegedly targeting Argentine union workers for kidnapping and torture after the country's 1976 military coup. All three were ordered to remain under house arrest on bail of about $142,000 each. Galarraga and Sibilla are Argentines and Muller is described in the indictment as a Czech national.
Now that tech favorite Apple Inc. has been dragged front and center into the debate over the U.S. tax code, lawmakers are hoping that the spotlight on such a high-profile company could be the catalyst for Congress to take action to close loopholes or reform the law.
Tesla Motors fell more than 5 percent in early trading Tuesday, a brief decline amid huge gains this month after the electric car maker posted its first quarterly profit. And shares in the Palo Alto, Calif., company retook some of that lost ground by early afternoon. Tesla's stock price had jumped 74 percent between May 8, when first-quarter earnings were announced, and May 14, when it hit a 52-week high of $97.12.
The makers of a diabetes and weight loss drug suspected in the deaths of hundreds of people went on trial Tuesday, facing charges they misled the public about the product's safety. But after years of delays in one of France's biggest recent health scandals, the proceedings could still be pushed back further.
Remington Arms Company LLC says it will spend $32 million to expand the company's ammunition plant in Lonoke, Ark. Remington says the expansion will include the construction of a new building. Work is expected to begin later this year and finish up by next spring.
A record 2.4 million tons of cargo moved through the state's ports in April, Georgia Ports Authority officials announced Monday. April's record is an increase of about 108,530 tons over the same time period last year. In a release, GPA officials said the state's ports also saw a 4 percent increase in container traffic and a 14.1 increase in roll on/roll off cargo in April.
The man charged with reviving France's shrinking economy and attracting businesses to invest there is gaining a reputation for doing the opposite. As the country's first-ever minister for industrial renewal, Montebourg told the world's largest steelmaker it is not welcome in France and exchanged angry letters with the head of an American tire company he was supposedly wooing.
A Senate panel says Apple Inc. is avoiding paying billions of dollars in U.S. taxes, but the world's most valuable company says it is complying with the laws and pays "an extraordinary amount" in taxes to the U.S. government. Apple Inc. CEO Tim Cook is scheduled to testify Tuesday on Capitol Hill to explain the company's tax strategy.
General Motors is kicking the tires on a unique new internship program for Detroit-area high school students. GM has hired 110 students for paid summer internships, the automaker said Monday in announcing the formation of the GM Student Corps, a program that combines service, education and mentoring.
A week after a northwest Iowa manufacturer shut down its factory, the laid-off workers were back on the job Monday thanks to a Nebraska company that stepped in and bought the business. Thurston Manufacturing Co. of Thurston, Neb., moved swiftly to complete its purchase of Simonsen Iron Works of Spencer, Iowa, so it could rehire workers and keep the plant operating, Thurston co-owner Nick Jenson said.
A Missouri judge on Monday ordered the former head of a failed artificial sweetener plant in Moberly to wear a GPS electronic monitoring device while he awaits trial on felony fraud and forgery charges. St. Charles County Circuit Judge Daniel Pelikan ordered ex-Mamtek CEO Bruce Cole to wear the device while he is at home, the Columbia Daily Tribune reported.
Goff’s Enterprises, Inc. has received an I.Q. Award for Innovation from BizTimes Media LLC. The I.Q. Awards salute southeastern Wisconsin businesses for their innovations in products and services. The award was presented at the BizTimes Award luncheon on May 16th, in Milwaukee, WI.
United Airlines is getting its 787s back in the air. The planes are flying again after being grounded for four months because of smoldering batteries on 787s owned by other airlines. The incidents included an emergency landing of one plane, and a fire on another.
A Swedish prosecutor says three former executives of automaker Saab Automobile AB have been arrested on accounting fraud charges. Prosecutor Olof Sahlgren says the three are "suspected of aggravated attempts to avoid tax controls" by allegedly falsifying parts of Saab's accounts between 2010 and 2011 — a crime that carries a sentence of up to four years in prison.