The U.S. economy grew at a 3.2 percent annual rate in the October-December quarter on the strength of the strongest consumer spending in three years, an encouraging sign for 2014.
The Japanese automaker has already halted sales of the problem vehicles, which are only those equipped with seat heaters, because the fabric may not clear flammability standards, company spokesman Naoki Sumino said Thursday.
A man injured in an industrial building collapse in Omaha that killed two workers earlier this month is suing the company and its owner, primarily in an effort to find out what happened, his lawyer said Wednesday.
A slowdown in rail service is forcing American Crystal Sugar to cut back on production, something company officials said Wednesday could cost millions if the situation doesn't improve.
The Dutch Foods and Wares Authority says it has "preventatively" blocked all shipments from a Dutch slaughterhouse after investigators found horsemeat in four shipments that were labeled as beef products.
Ethanol industry officials promised Tuesday a long fight against moves by federal regulators to cut the amount of biofuels blended into the nation's gasoline.
Gamesa USA officials said Tuesday that the closure of the 8-year-old plant was prompted by a shift in the market from Pennsylvania and the Midwest to the southwestern United States. They said the company had to alter its manufacturing and supply chain strategy to keep energy costs low and maintain a strong market presence.
Urea is a granular fertilizer used by farmers. It requires anhydrous ammonia and carbon dioxide, both of which are produced at the synfuels plant that turns coal into natural gas for distribution in the eastern U.S.
Italian gun maker Beretta says it is building a new manufacturing and research facility in Tennessee. The $45 million plant in the Nashville suburb of Gallatin is projected to create 300 new jobs.
Apple reshaped technology and society when Steve Jobs unveiled the iPhone seven years ago. Now, the trend-setting company is losing ground to rivals that offer what Apple has stubbornly refused to make: smartphones with lower prices and larger screens than the iPhone.
The proposal patches a regulatory framework that let Freedom Industries spill chemicals into the public water supply on Jan. 9 without immediate detection, state lawmakers said. The leak into the Elk River kept 300,000 people without clean, drinkable water for days.
"This is the third consecutive State of the Union in which there has been a strong rhetorical focus on manufacturing, and that’s welcome. But the progress, despite the rosy picture painted by the President, has been painfully slow. And in some cases, such as the trade deficit with China, we’ve seen backsliding."
At the dawn of an election year, congressional Republicans responded quickly and forcefully to President Barack Obama's nationally televised vow to act on his own if lawmakers won't cooperate on "creating new jobs, not creating new crises" in a nation with a yawning income gap.
Robert Atkinson, President of the Information Technology and Innovation Foundation (ITIF), responded to the 2014 State of the Union address by praising the announcement of six new manufacturing innovation institutes as well as the President’s call to roll back sequestration cuts to federal research and development.
Fiat's board of directors agreed on the name Fiat Chrysler Automobiles NV, with headquarters for tax purposes in the United Kingdom. But the board sidestepped the thorny political issue of whether the true headquarters would be in the United States or Italy.
Boeing's fourth-quarter profit rose 26 percent as it delivered more commercial airplanes — a speedup that it says will continue this year. Boeing says it will deliver 715 to 725 planes this year, a boost of at least 10 percent from last year.
The U.S. economy is showing more strength than at any time since the Great Recession began six years ago. Employers are hiring. Home prices, sales, and construction have surged. Corporate profits and stocks have hit records. And consumers have picked up their spending.
Suzuki Motor Corp. said Tuesday it will set up a new car assembly plant in India's western state of Gujarat to supply cars to Maruti Suzuki India Corp., Suzuki's subsidiary in India. Suzuki said it will invest 50 billion yen (about $488 million) for the project, and production is expected to start in 2017.
Walker Magnetics, with a plant near Rickenbacker Airport, is the country's leading manufacturer of magnets for the steel industry. Inside the walls of a nondescript building, workers fabricate magnets capable of lifting more than 100 tons.
Two Colorado cantaloupe farmers who pleaded guilty to misdemeanor charges stemming from a deadly listeria outbreak in 2011 have been sentenced to five years of probation and six months of home detention.