William C. Lowe had a bold idea: IBM should develop a personal computer that could be mass marketed, expanding the company's reach beyond businesses and into people's homes.
Boeing Co. is speeding up production of its 737 again as it aims to cut down a huge backlog of the jets.
Ghosn attributed the weaker than expected performance to a variety of troubles, chief among them weakness in many emerging markets and painfully expensive recalls. He announced a management reshuffle that will make the company's chief operating officer, Toshiyuki Shiga, a vice chairman and appoint three other executives as COOs.
Executives with Wal-Mart Stores Inc. say they plan to move production of some shoes from overseas to a manufacturing plant in south Georgia, which they say will create 250 jobs in the state. The retailer on Thursday announced plans for the facility in Hazelhurst, about 100 miles west of Savannah.
Battery Ventures portfolio company Industrial Safety Technologies (IST) has completed the acquisition of the Oldham fixed-point gas detection business from Industrial Scientific Corporation.
In a report released Wednesday, the FDA says testing of imported spices between 2007 and 2010 showed that spices were twice as likely as other inspected foods to be contaminated with the pathogen. More than 80 different types of salmonella were detected.
Authorities are investigating a deadly explosion at a manufacturing plant in the northwest Georgia town of Rockmart. Polk County Coroner Lester Litesey III tells The Associated Press that 56-year-old Elaine Davidson of Rockmart died in the blast.
On the heels of a profitable third quarter, Chrysler Group said it will proceed with a public offering of shares before the end of this year.
The number of Americans applying for unemployment benefits fell 10,000 last week to a seasonally adjusted 340,000, a sign that employers are laying off very fewer workers.
Facing a sluggish economy, Obama is helping connect foreign and domestic companies and investors with economic development organizations across the country while promoting the United States as a sound business environment.
Accenture has today announced its intent to acquire PCO Innovation, a systems integration group that specializes in product lifecycle management (PLM) technology. Terms of the agreement were not immediately announced, nor were details as to how the companies will integrate services, facilities and labor forces.
United States Steel Corp said on Tuesday it will permanently shut down iron and steelmaking operations at its Hamilton, Ontario, mill at the end of this year. The decision is a blow to Hamilton, long the center of Canada's steel industry, which has been hit hard by plant closures over the last decade.
Nestle USA says it's relocating its frozen pizza division from Illinois to the Cleveland suburb of Solon, joining its other businesses and an expanding research center there. The world's largest food company expects about 250 jobs eventually to come from the move.
Siemens Energy, Inc. has added 40 new jobs at the central Mississippi plant where it makes high-voltage transmission equipment. Employment is now about 400 at the plant in Richland, just south of Jackson.
Glass maker Corning said Wednesday that its net income fell 23 percent in the third quarter on lower earnings from its joint venture with Samsung, which Corning is buying out. The company gave a disappointing forecast for the fourth quarter, and shares slipped.
Anheuser-Busch InBev and the Teamsters union are about to begin contract talks for the first time since the Belgian brewer InBev purchased the maker of Budweiser, Bud Light and other beers five years ago.
Government health system spokesman Rosendo Gaytan says the 35-year-old employee of the factory Dulces Blueberry in Ciudad Juarez died Tuesday at a hospital in the city of Guadalajara, where he was transferred to be treated for third-degree burns.
It looked like things were really starting to heat up for this little Southern California factory town when the maker of the Sriracha chili sauce known the world over decided to open a sprawling 650,000-square-foot factory within its borders.
Under the motto of “Intelligence in Production”, solutions were presented at EMO Hannover 2013 that efficiently integrate new information technologies. The focus was on innovations that automate, simplify or enhance the efficiency of the work sequences involved.
State safety regulators announced Tuesday they are seeking $707,000 in fines against Sinclair Oil Corp. after alleging 22 safety violations at the company's refinery in south-central Wyoming, including a toxic gas release that sickened dozens of workers in May.