Ukraine's Emergency Situations Ministry says an ammonia leak at a chemical plant has killed five people and sickened more than 20. The ministry said that a pipe carrying liquid ammonia depressurized Tuesday at the Stirol plant in the east of the country, causing the release of the chemical. The ministry refused to provide further details.
A Swedish inventor's experiments with a new power source for electric cars caused a bomb scare that paralyzed parts of the Danish capital, Copenhagen, for three hours on Tuesday. Police said unusual wiring, copper pipes and suspicious objects found inside and outside Dan Zethraeus' car led them to believe it contained an explosive device.
General Motors plans to spend another $167 million at its Tennessee factory so it can build two new midsize vehicles. The investment disclosed Tuesday is on top of a previously announced $183 million investment. The spending is expected to create or keep 1,800 jobs, but GM wouldn't say how many new people would be hired.
The U.S. trade deficit narrowed sharply in June to its lowest level in more than 3 ½ years. Exports rose to all-time high and imports declined, signs that economic growth could be stronger than previously thought. The Commerce Department said Tuesday that the June deficit fell 22.4 percent to $34.2 billion.
U.S. employers in June advertised the most jobs in five years but hired fewer workers, a mixed sign for the recovering job market. The Labor Department said Tuesday that job openings rose 29,000 in June from May to 3.94 million. That's the most since May 2008.
Days before the state Administration Department sued to challenge Alcoa Inc.'s property rights for four hydropower dams built on the Yadkin River, a North Carolina environmental official recommended that the company win a crucial state approval needed for a new 50-year license to operate them.
Spirit AeroSystems Holdings said Tuesday that it plans to shed its operations in Oklahoma and postpone filing its second-quarter earnings report. Shares of the Wichita, Kan., aircraft parts maker fell 8 percent following the announcement before regaining some of the loss.
Twinkies are already back on shelves and now the new owners of Drake's cakes say Coffee Cakes, Devil Dogs, Ring Dings and Yodels will return next month. A spokesman for McKee Foods Corp. said the company plans to bring back the snack cakes in the third week of September. The company is still deciding whether to bring back Funny Bones.
Americans are keeping their cars and trucks longer than ever, and even with new car sales increasing, the average age will continue to rise, an industry research firm says. The average age of the 247 million cars and trucks on U.S. roads hit a record of 11.4 years in January, the latest figures available from state registration data gathered by the Polk research firm.
Chrysler's manufacturing chief said Monday that a new midsize car should hit dealerships on time next year, following costly delays with recent product launches. Vice President Mauro Pino said the new model, a sorely needed replacement for the aging Chrysler 200, should reach showrooms as scheduled in the first quarter. The new car is scheduled to reach dealerships sometime in the first quarter of 2014.
The United Auto Workers trust that pays for retired auto workers' health care will conduct a secondary public offering of all of its General Motors Co. stock warrants on Tuesday. GM confirmed the offering Monday. The UAW trust is offering up to 45,454,545 warrants to purchase GM stock.
Chevron Corp. on Monday agreed to pay $2 million in fines and restitution and pleaded no contest to six charges in a fire last summer at its refinery in the San Francisco Bay Area city of Richmond that sent thousands of residents to hospitals, many complaining of respiratory problems.
A groundbreaking ceremony Monday in Waggaman marked the start of an ammonia plant for explosives maker Dyno Nobel International. Gov. Bobby Jindal's office said Dyno Nobel plans to begin ammonia production in mid-to-late 2016, with Cornerstone Chemical Company completing six years of maintenance and infrastructure work that will help support the ammonia plant.
The Manufacturing Skill Standards Council's (MSSC) industry-recognized, nationally portable certifications are creating real opportunities for veterans to get the skills they need to access in-demand advanced manufacturing jobs.MSSC is a participant in The Get Skills to Work Coalition launched in late 2012 under the leadership of GE, Alcoa, Lockheed Martin, and Boeing.
Hardface Technologies, a business unit of Postle Industries, has just announced the addition of several new employees to its sales force. Russ Speese recently joined the company in the position of Vice President, Sales and Marketing. Mr. Speese, a graduate of Ferris State University with over 30 years of experience in the welding industry, will head the company’s sales and marketing efforts in North America.
All those markers being bought up for the new school year will eventually run dry, but that doesn't have to be the end of their usefulness. Niagara Falls manufacturer JBI Inc. this week announced an agreement with Crayola to take in castoffs from schools and the crayon-maker and convert them to fuel.
The 162,000 jobs the economy added in July were a disappointment. The quality of the jobs was even worse. A disproportionate number of the added jobs were part-time or low-paying — or both. Part-time work accounted for more than 65 percent of the positions employers added in July. Low-paying retailers, restaurants and bars supplied more than half July's job gain.
President Obama's trade representative has vetoed a ban on imports of some Apple iPads and older iPhones, dealing a setback to rival South Korean electronics company Samsung. U.S. Trade Representative Michael Froman on Saturday overruled a June decision by the U.S. International Trade Commission, which had banned imports of the iPhone 4 and some variations of the iPad 2.
Just when it looked as if he might be vanquished, Dell CEO Michael Dell has regained the advantage in the lengthy battle to buy the slumping personal computer maker that he founded nearly 30 years ago. He did it by persuading the company's board to accept a slightly better offer that adds a one-time dividend in exchange for a pivotal change in how shareholders will vote on the deal.
The London Metal Exchange and Goldman Sachs are being sued in a U.S. court over alleged anti-competitive and monopolistic behavior in aluminum storage. The metal exchange will fight the class-action lawsuit, which its management believes is without merit, the LME's owner, Hong Kong Exchanges and Clearing Ltd., said in a statement late Sunday.