Volvo is building new plants in Sweden and China, introducing new vehicles and developing its own infotainment system that it says will be less distracting. The company is also hiring a new ad agency and working on a bolder message emphasizing Volvo's reputation for safety.
The number of people seeking U.S. unemployment benefits fell 9,000 to a seasonally adjusted 336,000 last week, bringing applications to pre-recession levels.
Another Tesla Model S electric car has caught fire, this time after hitting road debris outside of Smyrna, Tennessee. It's the third fire in a Model S in the past five weeks.
Volvo Car Group (Volvo Cars) has officially started series production of the Volvo S60L at its manufacturing plant in Chengdu, China. The production start is another important milestone in Volvo Cars’ transformation journey and the establishment of China as the company’s second home market.
Harley-Davidson says it will build two new lightweight motorcycles at its Kansas City plant, beginning next year. The new Street 500 and Street 750 models are the company's first lightweight models since the 1970s. The Kansas City plant will build them for U.S. buyers.
The U.S. Department of Labor's Occupational Safety and Health Administration says a New Hampshire textiles company is facing $115,000 in fines for 21 serious violations of workplace safety standards at its Hampton plant.
The FDA plans to announce later Thursday that it will require the food industry to gradually phase out all trans fats, saying they are a threat to people's health. Commissioner Margaret Hamburg said the move could prevent 20,000 heart attacks a year and 7,000 deaths.
Gov. Nathan Deal announced Wednesday that Caesarstone is planning to invest between $70 million and $100 million in the new plant in Richmond Hill — about 20 miles southwest of Savannah. Deal says the company will import raw materials to make new countertops, and will export the finished products from Georgia's ports.
A fiber-optic cable manufacturer is planning to expand its Culpeper operations, creating 30 jobs. Gov. Bob McDonnell said Wednesday that TE Connectivity Ltd. will invest more than $15 million in the expansion.
A gauge of the U.S. economy's future health rose solidly in September, suggesting the economy was making gains before the government shut down for 16 days.
The Southeast Michigan Purchasing Managers Index (PMI) for Oct. is 63.1, up from 59.9 in Sept., raising the three-month average for the economy to a robust 61.1. A PMI value above 50 generally suggests economic growth.
Labor unions are spending more than $1 million on new television ads criticizing House Republicans for refusing to back comprehensive immigration reform.
A Vermont microbrewery that makes one of the world's best beers plans to close down its retail operation to head off the trouble that's brewing with its neighbors.
Cargill Inc. says it will start labeling beef products that contain finely textured beef after the ingredient came under attack as "pink slime" last year. It says packages will note when a product "Contains Finely Textured Beef."
British defense contractor BAE Systems announced plans to cut some 1,775 jobs at three shipyards Wednesday, ending the building of warships in England for the first time in hundreds of years.
Toyota's quarterly profit soared 70 percent, and the world's top-selling automaker raised its earnings forecast, as cost cuts and the weaker Japanese yen compensated for slightly weaker vehicle sales.
A $2 billion cleanup of the upper Hudson River is proceeding briskly and could finish in two years, an Environmental Protection Agency official said Tuesday.
Crest Industries is expanding its Louisiana presence into Tangipahoa Parish. The company, along with Gov. Bobby Jindal and LED Secretary Stephen Moret, announced Tuesday it will build a $15 million galvanizing plant to serve customers in the electric utility and petrochemical industries.
Inslee, surrounded by key lawmakers, and officials from Boeing Co. and the International Association of Machinists and Aerospace Workers, said he wants lawmakers to return to Olympia on Thursday and approve the measures — which would likely include tax breaks for Boeing but possibly higher taxes for drivers — in just one week.
Beijing has been trying since 2009 to cut excess production capacity, which has triggered price-cutting wars that threaten the financial health of some industries. But lower-level leaders whose promotions depend on economic development have continued to support local industries.