The deal to ease those cuts for two years is aimed less at chipping away at the nation's $17 trillion national debt than it is at trying to help a dysfunctional Capitol stop lurching from crisis to crisis. It would set the stage for action in January on a $1 trillion-plus spending bill for the budget year that began in October.
General Motors Co. said Wednesday it will stop making cars and engines in Australia by the end...
Missouri Gov. Jay Nixon plans to sign legislation that would offer up to $1.7 billion in tax...
A federal judge has refused to declare a mistrial in the case of former BP drilling engineer charged with obstruction of justice following the 2010 oil spill in the Gulf of Mexico.
Manufacturing production is expected to fare better than the overall economy, with anticipated growth of 3.1 percent in 2014 and 4.1 percent in 2015. The 2014 forecast is a slight decrease from the 3.2 percent predicted in the September forecast; the 2015 projection is unchanged.
The Food and Drug Administration is taking new action to help phase out the use of antibiotics in meat. The agency announced Wednesday that it will ask pharmaceutical companies to voluntarily stop marketing drugs that are important for treating human infection for use in animal production.
Spanning nine European countries, Hitachi Consulting’s survey aimed to identify the extent to which supply chain management activities and priorities are aligned with a strategic transformation agenda. The survey found that over half of the respondents do not regard their business’s supply chain as a fundamental source of business value.
U.S. Senate and House negotiators are planning to provide as much as $90 million to keep the production line running at an Ohio tank manufacturing plant. The money for the Joint Systems Manufacturing Center is included in the defense bill, which could get congressional approval as early as this week.
The Czech brewery Budejovicky Budvar NP says a Portuguese trade court has upheld a decision prohibiting its rival, Anheuser-Busch InBev, from using the Budweiser name in the country.
A new website is now available from Deublin Company, a global manufacturer of rotary unions used in a variety of equipment and process industries. The new website includes hundreds of products available for purchase via secure credit card transaction, along with detailed specifications and application information.
Texas-based Bell Helicopter says it is building a helicopter assembly plant in Lafayette to assemble the company's new line of SLS — Short Light Single — helicopters. The project, announced Tuesday by Gov. Bobby Jindal and Bell Helicopter CEO John Garrison, will bring the first modern-era aircraft assembly facility to Lafayette Regional Airport.
About 75 percent of young women believe the U.S. needs to do more to bring about equality in the workplace, a new study finds, despite a narrowing pay gap and steady employment gains for women at higher levels of business and government.
A Dutch luxury bus company is testing technology — already used in the mining industry and Caterpillar — that monitors whether a driver is becoming drowsy.
Even as Silicon Valley speaks out against the U.S. government's surveillance methods, technology companies are turning a handsome profit by mining personal data and peering into people's online habits.
U.S. wholesale businesses boosted their stockpiles in October by the most in two years as their sales rose sharply, encouraging signs for economic growth in the final three months of the year. Wholesale stockpiles grew 1.4 percent in October, the Commerce Department reported Tuesday.
The European Commission has fined pharmaceuticals giants Johnson & Johnson and Novartis a combined $22 million for colluding to delay the entrance of a cheap generic form of a pain killer to the Dutch market.
In a filing Tuesday, Kurt Mix's attorneys argued a prosecutor's questioning of a witness on Monday amounted to injecting unsupported accusations of misconduct against Mix.
U.S. employers advertised the most job openings in more than five years in October, and the number of people quitting also reached a five-year high. The figures are an encouraging sign for the unemployed.The Labor Department said Tuesday that job openings rose 1 percent to a seasonally adjusted 3.93 million.
October U.S. manufacturing technology orders totaled $435.02 million according to AMT - The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was up 10.2% from September but down 3.2% when compared with the total of $449.44 million reported for October 2012.
General Motors product development chief Mary Barra has been named the company's new CEO, the first female head of a U.S. car company. Barra, 51, will replace Dan Akerson on Jan. 15. Barra currently holds what many say is the most important job in the company — senior vice president for global product development.
China's auto sales rose 16 percent in November as Japanese automakers extended a rebound in the world's biggest vehicle market, an industry group reported Tuesday. The figures were an unexpectedly strong performance for automakers that are looking to China to drive global sales amid weakness in U.S., Japanese and European markets.
A Windsor meat company has recalled some 90,000 pounds of various meat and poultry products that were produced under unsanitary conditions.
Sysco is buying privately held US Foods for about $3.5 billion in cash and stock. When the deal closes, Sysco expects the addition of US Foods to boost its annual sales by about 46 percent to around $65 billion.