Sweden's Ericsson AB, the world's largest maker of telecommunications networks, says in a report Monday it expects smartphone traffic to grow tenfold in the next six years, with service providers increasing high-speed networks to deal with the surge. Total mobile subscriptions are predicted to reach 9.3 billion by 2019.
PepsiCo plans to invest $5.5 billion in India by 2020 as it focuses on growth in emerging markets. The maker of Mt. Dew, Gatorade and Frito-Lay chips plans to spend the money on new products, agriculture programs, selling infrastructure and manufacturing capabilities.
Dallas-based Luminant Generation had asked the U.S. Nuclear Regulatory Commission for a license to double the number of nuclear reactors at its Comanche Peak plant from two to four.
Just a few years ago, drillers suspected water recyclers of trying to sell an unproven idea designed to drain money from multimillion dollar businesses. Now the system is helping drillers use less freshwater and dispose of less wastewater.
The negotiations take place against the backdrop of European pique over reported U.S. electronic espionage, and were delayed due to the U.S. government shutdown. But officials for both sides say the benefits of the proposed Transatlantic Trade and Investment Partnership are too great for the talks to be affected.
The trucks are being recalled because tie-rod ends in the steering system may have been installed improperly, which Chrysler says stemmed from technicians misinterpreting instructions. Those tie-rods could be out of alignment, which Chrysler says can lead to steering failures.
The wind farm near the Fukushima Dai-Ichi nuclear power plant is to eventually have a generation capacity of 1 gigawatt from 143 turbines, though its significance is not limited to the energy it will produce.
Kvetching has been going on at delis, diners, food carts and groceries since the six-week-long shortage began, but lovers of the square, fried, doughy pillows of pureed potatoes may not have to go without much longer. The factory promises an end to the knish crunch by Thanksgiving, which coincides with the start of Hanukkah.
One of four finalists seeking to redevelop a General Motors Corp. stamping plant that once employed more than 6,000 workers near downtown Indianapolis is considering using part of the land for a 10,000-seat soccer stadium.
The Food and Drug Administration is seeking a rule change to allow generic drugmakers to quickly update their warning labels with new safety information for doctors and patients.
Thousands of workers demanding higher pay hurled rocks and sticks at clothing factories and clashed with police who used tear gas against them Monday, bringing fresh scrutiny to working conditions in Bangladesh's garment industry. At least 30 people were reported wounded.
The widow of a pilot killed in a helicopter crash on Molokai in 2011 is suing the aircraft's manufacturer, saying defective design caused the crash that killed all five people aboard.
Pushing his case for how to increase jobs, President Barack Obama headed to the Gulf Coast where he was to use the backdrop of the Port of New Orleans to press for more government spending on infrastructure projects that can have ripple effects on employment.
An administrative law judge has tentatively scheduled a March 28 hearing on the appeal of an air permit issued for a planned $1 billion steel mill in Mississippi County. Nucor Steel, which has two steel plants in Mississippi County, is appealing the air permit issued to Big River Steel.
Mitsubishi Motors Corp. said Friday it is recalling around 74,000 Colt compact cars to fix a problem causing their headlights to fail due to a bad connection. Subject to the recall are those vehicles produced between October 2002 and February 2004, Mitsubishi said in a report filed with the Ministry of Land, Infrastructure, Transport and Tourism.
Coca-Cola says it plans to invest more than $4 billion in China over three years. The company plans to invest the money between 2015 and 2017 to build factories and add new products to its portfolio.
A burst of hiring in October added a surprisingly strong 204,000 jobs to the economy in a month when the government was partly shut down for 16 days. And employers added far more jobs in August and September than previously thought.
Automotive supplier Toyota Boshoku is adding 180 jobs at its manufacturing plant in northeast Mississippi. The company said Friday that it's investing $21 million at the plant it opened in 2011 in Mantachie, where it makes seat components and door panels for the Toyota Corolla.
Officials and experts and two other workers interviewed by the AP say the quality of the tanks and their foundations suffered because of haste — haste that was unavoidable because there is so much contaminated water leaking from the wrecked reactors and mixed with ground water inflow.