NERA Economic Consulting’s update of a report commissioned by Manufacturers Alliance for Productivity and Innovation (MAPI) shows that manufacturing regulatory costs increased an average of 7.6 percent per year since 1998 compared with average growth of 0.4 percent for manufacturing output.
Jet engine manufacturer Pratt & Whitney says it's signed a $1.1 billion Pentagon contract for fighter jet propulsion systems.
Mulally, 68, repeated that there's no change in Ford's plan for him to stay as CEO through the end of 2014.
The owner of a gunpowder plant where an explosion shook nearby buildings and killed two workers was convicted on Wednesday of negligent homicide and manslaughter.
Hyundai Motor Co. said Thursday it expects to manufacture 4.7 million vehicles this year, exceeding its target despite strikes that disrupted its South Korean production.
For decades, the Boeing 747 was the Queen of the Skies. But the glamorous double-decker jumbo jet that revolutionized air travel and shrunk the globe could be nearing the end of the line.
A new study says self-driving cars and trucks hold the potential to transform driving by eliminating the majority of traffic deaths, significantly reducing congestion and providing tens of billions of dollars in economic benefits.
The company was hit by allegations by the Chinese government that four of its employees paid bribes to doctors and hospitals to encourage them to prescribe medications.
Confidence in the U.S. auto industry is running high due to surging sales and record profitability, but executives’ optimism is tempered owing to increased competition and an expectation that growth in new vehicle sales will slow.
The spill hasn't made nearby drinking water unsafe, according to federal regulators.
Older brake fluid and corrosion of the brake piston inside the front brake master cylinder can form a gas that reduces fluid pressure transmission to the front brake.
The recall covers some Nissan Pathfinders from the 2013 and 2014 model years, as well as the 2013 Infiniti JX35 and its successor model, the 2014 QX60.
A company engineer says production lines at Caterpillar's new Georgia plant will be rolling in time to meet the manufacturing firm's Nov. 1 goal.
A South Korean court said studies conducted to evaluate safety at Samsung chip factories failed to fully examine workplace health hazards, undermining the electronics giant's efforts to distance itself from claims that its manufacturing plants caused fatal cancers.
Monsanto Co. is calling for more controls on agrochemicals, including its Roundup line of glyphosate-based weed-killers, in response to an Associated Press report about concerns that illegal pesticide applications are harming human health in Argentina.
Specialty drugmaker Amarin Corp. is eliminating half of its employees in the wake of an overwhelmingly negative Food and Drug Administration meeting that has put the future of the company's lead product in jeopardy.
The uncertainty and weakness that hung over the U.S. job market in September before the government shut down aren't going away.
Boeing says it will speed up production of its new 787 as it tries to catch up on a huge backlog of orders for the plane.
The failure happened Nov. 19, 2011, as the 884-megawatt coal-fired plant near Becker was being returned to service following a maintenance outage. The malfunction caused extensive damage to the unit's steam turbine and generator.
Alcoa Chairman and CEO Klaus Kleinfeld and VSMPO Chairman Sergei Chemezov signed a cooperation agreement at a ceremony in Moscow, marking the first step in forming a new joint venture company to meet growing demand for high-end titanium and aluminum products for aircraft manufacturers worldwide.