A Central California cereal plant will have to spend more than $2 million for violating federal air quality rules. The Environmental Protection Agency says Friday that Post Holdings Inc. and Ralcorp Holdings Inc. will pay a $635,000 penalty for failing to install air pollution controls at its cereal plant in Modesto.
Daimler Trucks North America announced Friday it will expand its Portland headquarters after state and city officials offered nearly $20 million in incentives. The unit of Daimler AG said its new building will house 400 new white-collar workers and hundreds of existing employees who now work in rented offices across the Willamette River.
A fire broke out Sunday in a garment factory in Bangladesh's capital, but the blaze was extinguished before it could spread and there were no casualties, an official said. The fire broke out on the top floor of a six-story building in Dhaka where bundles of clothes were kept, fire official Sheikh Mizanur Rahman said.
FabEnCo, Inc., a leading manufacturer of self-closing safety gates, announced today that David LaCook, former company CEO, now a Director of the FabEnCo Founding Fathers Foundation, presented the Gettysburg Seminary Ridge Museum with a check for $150,000 on the occasion of the 150th anniversary of the Battle of Gettysburg and the opening of the new museum.
European carmakers can live and die by their mid-sized hatchbacks. And that category has long been the realm of the Volkswagen Golf. French carmaker Peugeot is hoping to change that with its redesigned 308. Every bit of this car shows the company is gunning for Golf customers: a sleek design, a minimalist interior and the promise of a low-emissions version that would rival VW's.
Fiat and Chrysler CEO Sergio Marchionne said Friday that he is no closer to a deal for the Italian carmaker to take full ownership of Chrysler and in the meantime was moving ahead on the formalities of a public offering for the U.S. group.
President Barack Obama is meeting with union leaders at the White House to discuss labor's growing concerns about the new health care law. Friday's meeting comes after the AFL-CIO approved a resolution this week saying the law could drive up the cost of union-sponsored health plans, encouraging some employers to drop coverage.
Helicopter maker Sikorsky Aircraft Corp. is cutting 200 hourly jobs, blaming reduced spending by the federal government and other countries and rising costs to compete. The subsidiary of United Technologies Corp. said Thursday it is offering eligible union-represented workers a voluntary separation.
Ford Motor Co.'s marketing and sales chief in the U.S. is retiring as of Nov. 1. Ken Czubay, 64, will be replaced by John Felice, who will be vice president of U.S. marketing, sales and service. The company also named Barb Samardzich as chief operating officer at Ford of Europe.
Saying it needs to balance its workforce, Spirit AeroSystems announced Thursday it will lay off about 150 salaried employees and managers at its Wichita plant while hiring about 400 more factory workers by the end of the year. The airplane parts maker said the layoffs are in addition to a significant number of salaried employees who have expressed interest in voluntary retirement and layoff programs.
U.S. women have recovered all the jobs they lost to the Great Recession. The same can't be said for men, who remain 2.1 million jobs short. The biggest factor is that men dominate construction and manufacturing — industries that have not recovered millions of jobs lost during the downturn.
Computer chip maker Intel Corp. has announced that it's closing its only manufacturing facility in Massachusetts, a move expected to cost the state about 700 jobs. Intel, the world's biggest chip maker, announced Thursday that it is closing the Hudson plant because it is using outdated technology to make older generation computer chips that are being phased out.
Maybe we can't buy — but we can look. The best thing about an auto show is the chance to gawk at and sit in cars most people can't afford. So here's a look at eight of the most striking and expensive new vehicles on display at the Frankfurt Auto Show. The show opens to the public Saturday and runs through Sept. 22; admission is 13 euros during the week, 15 euros on weekends.
BP has urged a federal judge to reject a $111 million budget request by the court-supervised administrator of the company's multibillion-dollar settlement with Gulf Coast businesses and residents following its 2010 Gulf oil spill. In a court filing, BP attorneys said claims administrator Patrick Juneau refused to cut his office's fourth-quarter budget request by at least $25.5 million after the company complained that it was excessive.
A jury has awarded a Maine man $489,000 for injuries he suffered while performing welding work at a trash-to-energy plant. Attorney Peter Clifford says a York County Superior Court jury on Wednesday awarded damages to 48-year-old Joseph Bordeau, from the western Maine town of Mexico.
A jury in Cleveland has rejected a claim by commercial truck dealers that Ford Motor Co. overcharged them over an 11-year period by offering discounts to other dealerships. The jury returned the verdict Wednesday in the class-action lawsuit filed by Westgate Ford Truck Sales of Youngstown in 2002.
The number of Americans seeking unemployment benefits plummeted last week 31,000 to a seasonally adjusted 292,000. But the drop was mostly because of technical issues in two states that delayed the processing of applications. The Labor Department said Thursday that the less volatile four-week average fell to 321,250, the lowest in six years.
The big SUV rolls on. Five years ago, when gas hit $4 per gallon, auto industry analysts boldly predicted that enormous SUVs would vanish like the automobile tail fin. On Thursday, General Motors is unveiling a completely redesigned lineup of its truck-based SUVs, three-ton behemoths that are still popular with drivers hauling around boats, campers and large families, or who like to sit high or feel safer in a heavy vehicle.
The fastest-growing car brand in the European Union was never even supposed to be sold there. Dacia, the Romanian subsidiary of French manufacturer Renault, sells low-cost cars. Really low-cost cars — in some cases, 50 percent cheaper than rival models.
Dell Inc. will end its quarter-century history as a publicly traded company and try to engineer a turnaround away from the prying eyes of Wall Street following shareholders' approval Thursday of a $24.8 billion buyout offer from the company's founder.