NEW YORK (AP) — Delta Air Lines on Thursday confirmed its plan to buy 100 Boeing 737 jets as part of a fleet upgrade, with delivery set for 2013 to 2018. The order announced Thursday is valued at $8.5 billion at list prices, although airlines commonly get discounts. The newer planes offer perks for travelers including a roomier cabin, less engine noise and more room in overhead bins.
SAN FRANCISCO (AP) — With Steve Jobs bowing out as CEO, Apple Inc. must persuade investors and consumers that it doesn't need the force behind the iMac, iPod, iPhone and iPad in charge to keep the technology hits coming. Tim Cook, his hand-picked successor, has handled the top job repeatedly in the absence of the ailing Jobs, who resigned as chief executive Wednesday and was elected chairman of Apple's board.
WASHINGTON (AP) — The National Labor Relations Board has approved a new rule that requires private employers to notify workers about their right to form a union. The rule requires businesses to prominently display posters that explain the right to bargain collectively, distribute union literature and engage in other union activities without reprisal.
STOCKHOLM (AP) — Ailing Swedish car maker Saab has delayed salary payments to its staff for the third month in a row as it continues to struggle to fund its operations. Saab spokeswoman Gunilla Gustavs said Thursday it is unclear when payroll is expected to run smoothly again, but it will be done "as soon as we have short-term funding solutions in place.
SAN FRANCISCO (AP) — China has passed an important technological milestone: It became the world's biggest consumer of PCs in the second quarter, according to new market research by IDC. Computer makers shipped about 18.5 million PCs in China in the second quarter, compared with 17.
NORTH KINGSTOWN, R.I. (AP) — One of the state's largest employers on Wednesday announced a multi-million dollar expansion expected to create more than two dozen new jobs, but Rhode Island is still competing with Virginia to be home to a second, much larger expansion project. Toray Plastics (America), which already employs about 600 people in the state, said it would undertake an $11.
ARKADELPHIA, Ark. (AP) — An international compressor manufacturer has laid off 100 workers at its Arkadelphia factory because of a seasonal slow-down in the industry. Danfoss Scroll Technologies said in a statement the layoffs of 60 full-time employees and all temporary workers were effective this past Thursday.
VINEYARD HAVEN, Mass. (AP) — President Barack Obama is soliciting advice from the co-chairmen of his jobs council on employment boosting initiatives in advance of a major economics address he intends to deliver after Labor Day. The discussions Wednesday morning with General Electric CEO and chairman Jeffrey Immelt and American Express CEO and chairman Kenneth Chenault focused on increasing engineering graduates and adding construction jobs by making buildings more energy efficient.
NEW YORK (AP) — Oil rose Wednesday following news of stronger U.S. manufacturing activity. Benchmark West Texas crude on Wednesday rose 75 cents to $86.19 per barrel in New York, while Brent crude was up $1.34 at $110.65 per barrel in London. Prices climbed after the government reported that orders for long-lasting, durable goods like autos and aircraft increased 4 percent in July, the biggest increase since March.
NORTH CHARLESTON, S.C. (AP) — Boeing workers are preparing to assemble the company's first 787 made in its new $750 million South Carolina plant. The Post and Courier of Charleston reported (http://bit.ly/pNWt2T) Wednesday that the completed aft section of the plane body was wheeled into the assembly plant earlier this week.
RIDLEY PARK, Pa. (AP) — An order of 14 new Chinook helicopters by Britain's Royal Air Force could mean more work at the Boeing Co.'s factory in suburban Philadelphia. Chris Owens, president of Boeing's United Aerospace Workers Union Local 1069, told the Delaware County Times that the order could mean work for as many as 100 new employees.
EDINA, Minn. (AP) — An Edina (ee-DEYE'-nah) company has been awarded a military contract to build miniature robots. ReconRobotics has military orders, worth nearly $6 million, to build the mini robots that can perform surveillance in areas that are considered too dangerous for troops, like inspecting a potential explosive device.
PERRYSBURG, Ohio (AP) — Chrysler Group LLC plans to invest $72 million in a northwest Ohio plant, and the state's governor said Tuesday there might be bigger things to come from the automaker. Chrysler wants to install new equipment and modernize its Toledo Machining Plant near Perrysburg, which will allow it to retain 640 hourly and salaried jobs, the company said.
BEIJING (AP) — China will appeal a World Trade Organization rejection of its curbs on exports of industrial raw materials, the government said Wednesday, in a case that Washington and Europe hope will lead to an easing of its restrictions on rare earths sales. "We still consider that China practice and China's policies do not violate WTO rules," Ministry of Commerce spokesman Shen Danyang at a regular news briefing.
NEW YORK (AP) — Caterpillar Inc. said Wednesday it plans to build a factory for large wheel loaders in China. The Peoria, Ill. company said the factory on China's east coast will develop a new model of wheel loader for use in China and other developing countries. Caterpillar didn't say how much it would spend on the new factory or an accompanying research and development facility.
WASHINGTON (AP) — A surge in demand for autos and aircraft drove orders for long-lasting manufactured goods higher in July, easing fears that the economy might be on the verge of another recession. The rebound in the auto industry helped offset a decline in orders for most other factory goods.
MORRIS TOWNSHIP, N.J. (AP) — Manufacturing conglomerate Honeywell International Inc. announced Monday that it has successfully completed the tender offer for EMS Technologies Inc. at $33 a share. The offer expired Friday. Nearly 92 percent of shares outstanding had been tendered and not withdrawn by the deadline.
WHITE PLAINS, N.Y. (AP) — Drew Industries Inc., which makes parts for recreational vehicles and manufactured homes, said Monday that it acquired the towable RV chassis and slide-out mechanism operation previously owned by Dexter Chassis Group from EA Technologies LLC for $13.5 million in cash.
MERRILLVILLE, Ind. (AP) — Officials say an Illinois manufacturer will open a factory in northwestern Indiana, where it plans to potentially hire hundreds of workers. Merrillville Town Councilman Richard Hardaway tells The Times of Munster (http://bit.ly/n1YlFd ) that Modern Drop Forge will be coming the town following the council's approval of a 10-year tax abatement for the company in May.
TOKYO, Aug. 23 (Kyodo) — Renesas Electronics Corp. will recover its semiconductor shipments at its main factory in Ibaraki Prefecture to the level prior to the March 11 disaster by mid-September, moving up the initial goal of doing so by a half-month earlier, company officials said Tuesday.