Christopher S. Rugaber, AP Economics Writer WASHINGTON (AP) — Hiring slowed to a near-standstill last month. Employers added the fewest jobs in nine months and the unemployment rate rose to 9.2 percent. The Labor Department said Friday that the economy generated only 18,000 net jobs in June.
Geert Follens, president, Portable Energy Division With effect from July 1, the Portable Air Division is changing its name to the Portable Energy Division, a name which more accurately reflects the division’sextended product portfolio. The new Portable Energy division focuses on five “pillars”, each one relating to a product group: air (on-site compressors), power (on-site generators), light (on-site light towers), water (on-site pumps), and used equipment.
ELLISVILLE, Miss. (AP) — The Occupational Safety and Health Administration has cited Howard Industries for 17 safety and health violations following the January death of a worker who was electrocuted while calibrating a transformer test station. Authorities say the worker was testing electrical transformers when he was electrocuted.
LOS ANGELES (AP) — Aecom Technology Corp., which handles construction management and other services for governments and corporations, said on Tuesday that it has gotten two contracts worth as much as $72 million for work at the Letterkenny U.S. Army Depot near Chambersburg, Pa. The work under the two contracts includes production engineering and manufacturing related to the Army's mine-resistant truck.
WEST CHESTER, Ohio (AP) — AK Steel said Tuesday that a furnace at its Butler, Pa., facility was damage last Friday when molten steel breached the furnace shell. Steel production at the plant resumed Saturday using other electric furnaces at the plant. Workers have begun repairing the furnace, but the company said it doesn't yet have a cost estimate for the repairs, or a completion date.
Greg Latshaw, AP Member Exchange POCOMOKE CITY, Md. (AP) — Company CEOs draw their inspiration differently, and for George Tunis of Hardwire LLC in Pocomoke City, Md., it's a jagged piece of metal shrapnel that moves him. "We keep that around because it helps remind us what those guys are faced with," said Tunis, the company founder, who keeps the black fragment to recall the damage improvised explosive devices can do.
Dee-Ann Durbin, AP Auto Writer DETROIT (AP) — A lawsuit claims General Motors Co. treated the police better than it did average citizens when taking care of a defective part in 2007 and 2008 Chevrolet Impalas. The lawsuit alleges that Impalas from the two model years have defective spindle rods, which connect the suspension to the rear wheels.
TACOMA, Washington (AP) — A technology company has filed a lawsuit against Ford Motor Co., claiming several of the electronic features the automaker includes in its vehicles violate the company's patents. Eagle Harbor Holdings LLC and subsidiary, MediusTech LLC, filed the patent infringement case against the Dearborn, Michigan, car company in federal court in Tacoma, Washington state, on Thursday.
STURTEVANT, Wis. (AP) — Diversey Inc. has informed the state it will lay off about 57 employees when it shuts down its Sturtevant plant in mid-September. The cleaning-products company said this week it plans to close the manufacturing facility permanently. The company says its lease with the facility has ended and it plans to move its production to other company plants.
TORONTO — The Globe and Mail is reporting that Toyota Canada and the federal and Ontario governments will announce Tuesday a $500 million investment to upgrade the automaker's two Ontario assembly plants. Sources tell the Globe that the governments will invest about $60 million each.
FORT LAUDERDALE, Fla. (AP) — Car dealer AutoNation Inc. said Monday its new vehicle sales rose 3 percent in June compared with the previous year, a smaller increase than the overall U.S. sales gain for the month. The Fort Lauderdale, Fla., company, the largest U.S. dealership chain, said it sold 16,564 new vehicles in June.
Scott Mayerowitz, AP Airlines Writer Planes are being built out of the same lightweight materials used for Formula 1 race cars. Their engines are being redesigned to squeeze more thrust out of every gallon of fuel. And governments are developing air-traffic systems that will allow airlines to fly shorter routes.
Malin Rising, Associated Press STOCKHOLM (AP) — The European Investment Bank on Monday approved Saab's plan to improve its ailing finances with a $40 million deal to sell and lease back property. If the deal is also approved by Sweden's government and the national debt office, which is expected, Saab will have cleared a key hurdle in its attempts to resolve a cash shortage that has left it struggling to pay suppliers and staff.
WASHINGTON (AP) — Businesses likely increased their orders for manufactured goods in May, evidence that supply chain interruptions stemming from Japan's earthquake are fading and the economy could pick up soon. Economists forecast that orders to U.S. factories rose 0.9 percent in May, after falling 1.
STOCKHOLM (AP) -- Bankrupt Canadian telecom group Nortel Networks Corp. on Friday said it is selling all of its remaining patents and patent applications to a consortium including Apple, EMC, Ericsson, Microsoft, Research In Motion and Sony for $4.5 billion in cash. Ontario-based Nortel has been selling its operations piece by piece since it filed for bankruptcy protection in Canada and the U.
FORT WORTH, Texas (AP) -- Defense contractor Lockheed Martin Corp. plans to cut 1,500 jobs in its airplane-making business, saying it needs to cut costs due to the prospect of limited defense spending. The announcement Thursday comes two weeks after the company announced 1,200 job cuts in its space systems equipment division.
BARBERTON, Ohio—Alcoa announced today it will install an advanced recycling and casting process that will reduce energy consumption and greenhouse gas emissions as part of a $21 million expansion of B&C Research, part of the company's Wheel and Transportation Products business. The Alcoa investment will create 30 full-time jobs and help protect more than 350 existing positions.
SHANGHAI (AP) — Chinese manufacturing slipped to its slowest pace in 28 months in June, sapped by inflation-fighting curbs on credit and weaker overseas demand, according to surveys released Friday. The China Federation of Logistics and Purchasing said its monthly purchasing managers index fell to 50.
NEW YORK (AP) — Manufacturing activity recovered somewhat in June from a sharp slowdown in May, a private trade group said Friday. There were more new orders for goods and employment picked up last month. But the index remains markedly lower than it was earlier this year, suggesting that the recovery is weak.
DETROIT (AP) — General Motors says its U.S. sales rose 10 percent in June as lower gas prices brought more customers into its showrooms. The Detroit car company says it sold 215,000 cars and trucks last month. Sales were led by smaller, more fuel-efficient models, but GM says cheaper gas also lured more truck buyers.