Automaker Volkswagen said its net earnings more than doubled last year as revenues grew by more than a quarter and the company benefited from accounting factors related to its stalled takeover of Porsche.
Applications stayed last week at a seasonally adjusted 351,000, the Labor Department said Thursday. That's the fewest since March 2008, when the country was just a few months into the recession.
Union members went to federal court Wednesday to ask a judge to block Indiana's new right-to-work law from being enforced, the first lawsuit and latest conflict over the divisive legislation.
Hewlett-Packard Co. CEO Meg Whitman pleaded for patience as she described operational challenges and other internal problems that contributed to a decline in earnings at one of the world's largest technology companies.
A lawyer representing Shenzhen Proview Technology, Ma Dongxiao, says Thursday that the court stopped proceedings, citing a pending case on the trademark fight in a higher court.
A judge approved close to $370,000 in bonuses for 20 employees of Solyndra, a solar panel manufacturer that received a half-billion dollar loan from the federal government before declaring bankruptcy.
Germany plans to reduce government subsidies supporting solar power by up to 30 percent within a year because higher-than-expected demand has made the scheme far more costly than authorities initially expected.
A steel mill that fell into bankruptcy a decade ago before being purchased by Steel Dynamics is thriving and being readied for a $76M expansion expected to boost its annual production to nearly 1 million tons of steel.
Microsoft lodged a formal complaint with the EU's competition regulator against Motorola Mobility and its soon-to-be owner Google, saying Motorola's aggressive enforcement of patent rights against rivals breaks competition rules.
Company president Kevin LaComb describes the school as concierge-style job training — exactly what his workers need to keep a quality advantage over lower-cost competitors overseas.
Ford Motor Co. will pump $3.8 billion into its global pension plans this year as it tries to get them closer to fully funding their obligations.
PSA Peugeot Citroen is in talks over a possible alliance with General Motors, a deal that could dwarf France's leading car maker's existing partnerships with BMW, Mitsubishi, and Toyota.
AT&T Inc.'s board cut CEO Randall Stephenson's 2011 pay by $2.08 million because he engineered the failed deal to buy T-Mobile USA, according to a regulatory filing.
Forget about retro, nostalgia stuff. The 2012 Dodge Charger is an impressive, large, rear-wheel drive sedan for today's buyers who want to stand out from the crowd.
Apple defended its right to use the iPad trademark in China in a heated court hearing Wednesday that pitted the electronics giant against a struggling company that denies it sold the mainland China rights to the tablet's name.
Honda is recalling nearly 46,000 Odyssey minivans because the rear doors can fall on people unexpectedly, and have on at least two occasions.
President Barack Obama is proposing to cut the corporate tax rate from 35 percent to 28 percent and wants an even lower effective rate for manufacturers, a senior administration official says, as the White House lays down an election-year marker in the debate over tax policy.
Research In Motion released a free upgraded operating system for its struggling PlayBook computer tablet on Tuesday, almost a year later than it first said it would.
Electro-Motive Canada says it has reached a tentative closeout deal for the "safe and orderly" shutdown of its locomotive manufacturing plant in London, Ont.
Federal labor officials said they found nine workplace violations at a candy repackaging and distribution facility owned by The Hershey Co. and operated by Exel Inc., and proposed penalties of $283,000.