The company said it's cutting its global workforce by about 3 percent or 5,000 people by the end of March 2015 as it restructures its PC, television, and other businesses. That comes on top of the 10,000 jobs cuts Sony announced over the previous year.
The Lincoln Journal Star reports workers at the Cargill plant in Schuyler detected the ammonia leak around 3:40 a.m. Thursday. Smoke and flames were reported several minutes later above an area where beef carcasses are trimmed to smaller cuts.
Mondelez International Inc., the maker of Oreo cookies and Ritz crackers, said Thursday that it will close a Philadelphia bakery by 2015 as part of a plan to restructure its supply chain and save money.
Two of the more vocal Republican critics of efforts to unionize the Volkswagen assembly plant in Tennessee are taking opposing approaches to a pending vote over United Auto Workers representation next week.
Kellogg's cereals keep getting pushed aside at the breakfast table. The maker of Frosted Flakes, Pop Tarts, and Eggo waffles said Thursday that sales in its flagship U.S. breakfast unit declined 4 percent.
Two companies instrumental in launching Minnesota's electronic pull-tab gambling games are fighting in court, a battle that could disrupt the games that were initially launched to fund the new Minnesota Vikings stadium.
Assembling one of the largest package of tax breaks and other incentives in North Carolina history earned the state consideration for as many as 7,250 Boeing aircraft manufacturing jobs — but its $683 million offer was dwarfed by Washington state's winning promise of nearly $9 billion in corporate sweeteners.
Stock markets have sunk after signs of weaker growth in the United States, Europe, and China. Turmoil in developing countries has further spooked investors. The upheaval has renewed doubts about the Federal Reserve's next steps.
The number of people applying for U.S. unemployment benefits declined 20,000 last week to 331,000, suggesting that Americans are facing fewer layoffs and better job prospects.
The U.S. trade deficit increased in December after hitting a four-year low in November. But for the year, the deficit fell to its lowest point since 2009 as exports rose to an all-time high.
The British government announced Thursday that it intends to award a billion-pound contract to Bombardier, after a 10-day waiting period. Under the deal, Bombardier's rail division will supply 65 trains and a maintenance depot for Crossrail.
A human rights group said Thursday that garment factory owners in Bangladesh have been intimidating and threatening workers who try to organize trade unions.
A man left paralyzed from the shoulders down when his relatives tipped over a portable toilet while he was inside has settled a Pennsylvania lawsuit against the toilet manufacturer, the relatives, and others for $5 million.
Volvo CEO Olof Persson said the job losses, which include the previously announced reduction of 2,000, will affect employees worldwide in group truck operations, as well as in technology, sales, marketing, IT, finance, and human resource departments.
Boeing is increasing the monthly production rate of its 737 to 42 airplanes, thanks in part to factory efficiency improvements. The company said Tuesday that the production rate has climbed about 33 percent since 2010's 31.5 planes a month.
Congressional investigators have found problems with federal coal sales that might have cost taxpayers $200 million or more in lost revenue, a senator said Tuesday.
Ingersoll-Rand plc said Wednesday that it is increasing its quarterly dividend by 19 percent and announced a $1.5 billion share repurchase program. Shares of the Irish industrial and commercial products maker jumped in trading in reaction.
Federal trustees who will assess General Electric's liability for harm done to the Hudson River's natural resources accused the company Monday of being misleading in a report that found no need to voluntarily expand dredging.
Wisconsin Gov. Scott Walker's proposal to spend $35 million to help technical colleges train people for high-demand jobs, as well as do more to help find work for people with developmental disabilities, found widespread support Tuesday at a legislative hearing.
Freedom Industries is expected to move 3,500 gallons of crude MCHM from its Nitro, W.Va., facility to a coal facility in Pennsylvania on Tuesday. The Department of Environmental Protection warned that it could mean unsavory licorice smells for neighbors.