With the enhanced annual production capacity of 5.8 million units in India, Honda aims to reach top spot in the country's market. The Japanese manufacturer now ranks second in market share behind its former joint venture partner Hero group of India.
Payroll processor ADP says companies added 175,000 jobs last month. That's down from 227,000 in December, which was revised lower. But it was much better than the government's official figure of just 74,000 new jobs in December.
The National Labor Relations Board proposed rules Wednesday that would allow unions to hold workplace elections more quickly. That could make it easier for unions to organize and help them reverse decades of steep membership declines.
A Fort Worth, Texas beef processor is recalling nearly 16,000 pounds of beef products because they may be contaminated by E. coli. The U.S. Department of Agriculture announced Tuesday that a "high" health risk exists for products provided by PFP Enterprises.
Although there was disagreement on some of the specifics, Democrats and Republicans on a Senate Environment and Public Works subcommittee agreed that the federal government needs to do more to protect the water supply from toxic chemicals.
Two members of the General Motors Co. board of directors are leaving the panel in June. Both were appointed to the board by the U.S. government in July of 2009, shortly after GM left bankruptcy protection.
U.S. manufacturers saw orders for their products decline in December by the largest amount in five months although the setback for a key category that tracks business investment was not as large as first reported.
Google and Cisco have struck a long-term patent cross-licensing deal that will help lower the risk of expensive legal disputes over intellectual property and likely foster a greater collaboration between the two companies.
The U.S. budget deficit is set to fall to $514 billion this year, down substantially from last year and the lowest level by far since President Barack Obama took office five years ago, a congressional report said Tuesday.
The National Highway Traffic Safety Administration opened the probe in May after getting complaints of steering gear box failures in F250 and F350 trucks. The investigation covered about 340,000 trucks from the 2008 model year.
Microsoft has named Satya Nadella, an executive in charge of the company's growing business of delivering software and services over the Internet, its new CEO. Company founder Bill Gates is leaving the chairman role for a new role as technology adviser.
“While U.S. manufacturing continued its growth into the new year, survey data from the Institute for Supply Management (ISM) showed that the pace of factory activity slowed considerably. The overall Index fell by 5.2 percentage points from 56.5 in December to 51.3 in January, still signaling overall output advances but at a far more muted pace."
Previous labeling rules required only the country of origin to be noted, such as "Product of U.S." or "Product of U.S. and Canada." New rules require that labels for steaks, ribs, and other cuts of meat include clear information about where the animals were born, raised, and slaughtered.
The state has cited and issued fines to two companies that worked as subcontractors on the implosion of a central California power plant whose shrapnel flew into a crowd of more than 1,000 spectators gathered to watch the spectacle. Five people were injured, including a man whose leg was severed.
U.S. safety regulators are investigating complaints that the side air bags on some Honda Accords can inflate when the front doors are closed. The probe covers about 363,000 of the popular midsize cars from the 2008 model year.
Shares of Boeing have dropped 10 percent in the new year compared with a 6 percent decline in the Standard & Poor's 500, and they fell another 2 percent Monday to $123.08.
The National Highway Traffic Safety Administration says automakers initiated 632 separate vehicle recalls in 2013, up 9 percent from the prior year. Companies are saving money by using more common parts. But that can force them to recall many more vehicles when something goes wrong.
A craft brewer still has hopes of one day using drones to deliver its lager to ice fishing anglers on Minnesota lakes by air, despite being grounded by federal aviation officials after a recent test run.
Post Holdings Inc. is buying the PowerBar and Musashi brands from Nestle SA, further diversifying its business by expanding into the active nutrition category. Financial terms were not immediately disclosed.
U.S. stocks fell sharply in afternoon trading Monday, pushing down the Dow Jones industrial average more than 260 points as investors worried about reports of sluggish growth in the U.S. economy. The decline adds to losses racked up by the market in January.