Congressional investigators have found problems with federal coal sales that might have cost taxpayers $200 million or more in lost revenue, a senator said Tuesday.
Ingersoll-Rand plc said Wednesday that it is increasing its quarterly dividend by 19 percent and announced a $1.5 billion share repurchase program. Shares of the Irish industrial and commercial products maker jumped in trading in reaction.
Federal trustees who will assess General Electric's liability for harm done to the Hudson River's natural resources accused the company Monday of being misleading in a report that found no need to voluntarily expand dredging.
Wisconsin Gov. Scott Walker's proposal to spend $35 million to help technical colleges train people for high-demand jobs, as well as do more to help find work for people with developmental disabilities, found widespread support Tuesday at a legislative hearing.
Freedom Industries is expected to move 3,500 gallons of crude MCHM from its Nitro, W.Va., facility to a coal facility in Pennsylvania on Tuesday. The Department of Environmental Protection warned that it could mean unsavory licorice smells for neighbors.
British luxury carmaker Aston Martin says it is recalling 17,590 sports cars because of a problem with the accelerator pedal molding. The company said Wednesday there had not been any accidents or injuries stemming from the fault, which can cause the engine to idle unexpectedly.
The region added nearly 47,000 jobs in 2013, up 3 percent over the previous year, and the total number of jobs has surpassed pre-recession levels. Many are high wage jobs — 45 percent of households now earn more than $100,000, and per capita income is above $70,000 a year, much higher than the state average of about $44,000.
The Plastics Industry Trade Association, which represents the nation’s third largest manufacturing industry, supports President Obama’s efforts to create jobs and strengthen the middle class by expanding the economy and negotiating sensible trade agreements.
Kellogg Co. says it plans to close its Charlotte snack factory as part of an effort to cut costs, eliminating nearly 200 jobs. Kellogg also said Tuesday that it will close two production lines at its snack factory in Cincinnati.
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.